CONSOLIDATED STATEMENTS OF CASH FLOWS (UNAUDITED) - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014
Cash flows from operating activities:
Net income (loss)	$ 6,602	$ (11,736)
Adjustments to reconcile net income (loss) to net cash provided by operating activities:
Depreciation and amortization	1,100	2,977
Stock-based compensation	466	1,168
Deferred income tax benefit	0	(805)
Gain on foreign currency exchange contracts	(99)	0
Impairment and loss on sale of discontinued operations	0	9,711
Loss on disposition and impairment of property and equipment, other assets	390	2,000
Program merchandise writedown	0	554
Excess tax shortfall from stock-based compensation	0	109
Change in assets and liabilities:
Accounts receivable and other assets	261	368
Prepaid program costs and expenses	(10,868)	(11,403)
Accounts payable, accrued expenses, and other current liabilities	1,822	3,542
Participants' deposits	10,145	16,503
Net cash provided by operating activities	9,819	12,988
Cash flows from investing activities:
Purchase of available-for-sale securities	(14,783)	(24,517)
Proceeds from sale of available-for-sale securities	10,000	13,861
Purchase of property and equipment	(488)	(952)
Proceeds from sale of property and equipment	30	0
Purchase of intangibles	0	(146)
Proceeds from sale of BookRags, Inc.	400	0
Net cash used in investing activities	(4,841)	(11,754)
Cash flows from financing activities:
Repurchase of common stock	(51)	(186)
Excess tax shortfall from stock-based compensation	0	(109)
Net cash used in financing activities	(51)	(295)
Net increase in cash and cash equivalents	4,927	939
Cash and cash equivalents, beginning of period	2,002	9,473
Cash and cash equivalents, end of period	$ 6,929	$ 10,412