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Consolidated Statements Of Cash Flows (USD $)
In Thousands, unless otherwise specified
12 Months Ended
Dec. 31, 2011
Dec. 31, 2010
Dec. 31, 2009
Cash flows from operating activities:      
Net income $ 106,044 $ 131,260 $ 105,078
Adjustments to reconcile net income to net cash provided by operating activities:      
Loss on disposal of assets     248
Amortization of gain on sale of assets (281) (281) (281)
Amortization of deferred rent 1,177 275 (108)
Gain on sale of marketable securities (66) (406)  
Amortization of deferred financing costs 663    
Depreciation and amortization 21,525 17,309 13,937
Deferred income taxes 3,722 353 (2,564)
Stock-based compensation 13,234 11,987 10,954
Changes in assets and liabilities:      
Tuition receivable, net (2,995) (4,233) 5,205
Other current assets (768) (1,153) (232)
Other assets 102 (258) (896)
Accounts payable and accrued expenses (3,360) 10,146 5,283
Income taxes payable and income taxes receivable (1,279) (1,358) 11,645
Excess tax benefits from stock-based payment arrangements   (2,808) (3,011)
Unearned tuition 11,841 1,083 (3,957)
Other long-term liabilities 4,804 905 471
Net cash provided by operating activities 154,363 162,821 141,772
Cash flows from investing activities:      
Purchases of property and equipment (29,991) (46,015) (30,431)
Purchases of marketable securities (2) (559) (1,085)
Proceeds from the sale of marketable securities 12,388 40,700  
Acquisition of assets (7,000)    
Net cash used in investing activities (24,605) (5,874) (31,516)
Cash flows from financing activities:      
Common dividends paid (49,105) (44,541) (31,627)
Proceeds from exercise of stock options   452 6,027
Excess tax benefits from stock-based payment arrangements   2,808 3,011
Repurchase of common stock (202,664) (115,517) (80,088)
Proceeds from revolving credit facility 120,000    
Payments on revolving credit facility (100,000)    
Proceeds from term loan 100,000    
Payments on term loan (2,500)    
Payment of deferred financing costs (2,459)    
Net cash used in financing activities (136,728) (156,798) (102,677)
Net increase (decrease) in cash and cash equivalents (6,970) 149 7,579
Cash and cash equivalents - beginning of year 64,107 63,958 56,379
Cash and cash equivalents - end of year 57,137 64,107 63,958
Non-cash transactions:      
Purchases of property and equipment included in accounts payable $ 1,115 $ 5,508 $ 2,917