Consolidated Balance Sheets - USD ($) $ in Thousands		Dec. 31, 2016	Dec. 31, 2015
CURRENT ASSETS:
Cash and cash equivalents, unrestricted		$ 49,507	$ 66,919
Restricted cash		1,375	49,821
Restricted short-term investments		8,597
Short-term investments		147,681	114,901
Total cash and cash equivalents, restricted cash and short-term investments		207,160	231,641
Student receivables, net of allowance for doubtful accounts of $21,376 and $18,013 as of December 31, 2016 and 2015, respectively		22,825	31,618
Receivables, other, net		929	5,194
Prepaid expenses		14,446	14,380
Inventories		1,868	3,353
Other current assets		817	2,523
Assets of discontinued operations		148	254
Total current assets		248,193	288,963
NON-CURRENT ASSETS:
Property and equipment, net		40,512	58,249
Goodwill		87,356	87,356
Intangible assets, net		8,500	9,300
Student receivables, net of allowance for doubtful accounts of $1,766 and $2,216 as of December 31, 2016 and 2015, respectively		3,055	3,958
Deferred income tax assets, net		158,272	137,716
Other assets		7,608	16,562
Assets of discontinued operations		6,105	8,811
TOTAL ASSETS	[1]	559,601	610,915
CURRENT LIABILITIES:
Short-term borrowings			38,000
Accounts payable		10,099	25,906
Accrued expenses:
Payroll and related benefits		41,203	38,789
Advertising and marketing costs		10,253	11,788
Income taxes		1,830	1,061
Other		69,244	24,082
Deferred tuition revenue		28,364	40,112
Liabilities of discontinued operations		8,219	13,067
Total current liabilities		169,212	192,805
NON-CURRENT LIABILITIES:
Deferred rent obligations		30,713	45,927
Other liabilities		31,751	25,197
Liabilities of discontinued operations		6,422	9,376
Total non-current liabilities		68,886	80,500
STOCKHOLDERS' EQUITY:
Preferred stock, $0.01 par value; 1,000,000 shares authorized; none issued or outstanding
Common stock, $0.01 par value; 300,000,000 shares authorized; 83,538,033 and 82,996,585 shares issued, 68,519,005 and 68,098,654 shares outstanding as of December 31, 2016 and 2015, respectively		835	830
Additional paid-in capital		613,325	610,784
Accumulated other comprehensive loss		(258)	(880)
Accumulated deficit		(76,230)	(57,518)
Cost of 15,019,028 and 14,897,931 shares in treasury as of December 31, 2016 and 2015, respectively		(216,169)	(215,606)
Total stockholders' equity		321,503	337,610
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY		$ 559,601	$ 610,915

[1] The statement of (loss) income and comprehensive (loss) income balances including revenue, operating (loss) income and depreciation and amortization are presented above on a continuing operations basis. Total assets and capital expenditures are presented on a consolidated basis including continuing and discontinued operations.