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Significant Accounting Policies (Tables)
3 Months Ended
Mar. 31, 2018
Significant Accounting Policies [Abstract]  
Schedule of cash, cash equivalents, and restricted cash

The following table illustrates the reconciliation of cash, cash equivalents, and restricted cash shown in the unaudited condensed consolidated statements of cash flows as of March 31, 2017 and 2018 (in thousands):

 

 

 

 

 

 

 

 

 

 

For the three months ended

 

 

March 31,

 

 

2017

 

2018

Cash and cash equivalents

 

$

147,099

 

$

165,867

Restricted cash included in other current assets

 

 

 —

 

 

 8

Restricted cash included in other long-term assets

 

 

500

 

 

500

Total cash, cash equivalents, and restricted cash shown in the statement of cash flows

 

$

147,599

 

$

166,375

 

Schedule of tuition receivable and allowance for doubtful accounts

 

 

 

 

 

 

 

 

 

    

December 31, 2017

    

March 31, 2018

 

Tuition receivable

 

$

35,809

 

$

38,772

 

Allowance for doubtful accounts

 

 

(12,687)

 

 

(13,775)

 

Tuition receivable, net

 

$

23,122

 

$

24,997

 

 

Schedule of allowance for doubtful accounts

 

 

 

 

 

 

 

 

 

    

For the three months ended

    

 

 

March 31,

 

 

 

2017

 

2018

 

Allowance for doubtful accounts, beginning of period

 

$

10,201

 

$

12,687

 

Additions charged to expense

 

 

4,382

 

 

6,391

 

Write-offs, net of recoveries

 

 

(3,763)

 

 

(5,303)

 

   Allowance for doubtful accounts, end of period

 

$

10,820

 

$

13,775

 

 

Schedule of reconciliation of shares used to calculate basic and diluted earnings per share

 

 

 

 

 

 

 

    

For the three months ended

    

 

 

March 31,

 

 

    

2017

    

2018

    

Weighted average shares outstanding used to compute basic earnings per share

 

10,630

 

10,745

 

Incremental shares issuable upon the assumed exercise of stock options

 

35

 

45

 

Unvested restricted stock and restricted stock units

 

456

 

521

 

    Shares used to compute diluted earnings per share

 

11,121

 

11,311