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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2018
Sep. 30, 2017
Cash flows from operating activities:    
Net income (loss) $ (38,126) $ 27,107
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities:    
Amortization of gain on sale of assets   (133)
Amortization of deferred rent (1,362) (1,351)
Amortization of deferred financing costs 209 197
Amortization of investment discount/premium 132  
Depreciation and amortization 29,107 13,718
Deferred income taxes (4,443) (3,728)
Stock-based compensation 11,781 8,569
Fair value adjustments and impairment of intangible assets 19,304 (7,512)
Changes in assets and liabilities:    
Tuition receivable, net 8,227 (454)
Other current assets 2,223 (2,155)
Other assets (581) 1,200
Accounts payable and accrued expenses (8,949) 9,711
Income taxes payable and income taxes receivable (7,868) (4,401)
Contract liabilities (21,946) 5,386
Other long-term liabilities (2,355) (1,786)
Net cash provided by (used in) operating activities (14,647) 44,368
Cash flows from investing activities:    
Net cash acquired in acquisition 168,387  
Purchases of property and equipment (16,028) (14,573)
Purchases of marketable securities (11,346)  
Maturities of marketable securities 5,842  
Investments in partnership interests (167)  
Net cash (used in) provided by investing activities 146,688 (14,573)
Cash flows from financing activities:    
Common dividends paid (16,802) (8,561)
Net proceeds from exercise of stock options 6,831  
Taxes paid for restricted stock units (459)  
Payment of deferred financing costs (1,162)  
Net cash used in financing activities (11,592) (8,561)
Net increase in cash, cash equivalents, and restricted cash 120,449 21,234
Cash, cash equivalents, and restricted cash - beginning of period 156,448 129,758
Cash, cash equivalents, and restricted cash - end of period 276,897 150,992
Noncash transactions:    
Purchases of property and equipment included in accounts payable $ 2,975 $ 749