Consolidated Balance Sheets - USD ($) $ in Thousands	Dec. 31, 2015	Dec. 31, 2014
Current assets:
Cash and cash equivalents	$ 105,734	$ 115,634
Accounts receivable, net of allowance of $10,699 in 2014 and $13,012 in 2015.	7,917	6,130
Prepaid expenses	10,746	6,379
Income tax receivable	0	2,029
Deferred income taxes	6,714	6,046
Total current assets	131,111	136,218
Property and equipment, net	109,281	102,424
Investments	15,915	12,051
Goodwill	38,634	38,634
Other assets, net	8,955	8,577
Total assets	303,896	297,904
Current liabilities:
Accounts payable	6,264	11,029
Accrued liabilities	14,808	13,416
Deferred revenue and student deposits	29,727	23,805
Total current liabilities	50,799	48,250
Deferred income taxes	15,944	15,436
Total liabilities	$ 66,743	$ 63,686
Commitments and contingencies (Notes 4 and 8)
Stockholders’ equity:
Preferred Stock, $.01 par value; authorized shares - 10,000; no shares issued or outstanding	$ 0	$ 0
Common Stock, $.01 par value; authorized shares - 100,000; 17,152 issued and outstanding in 2014; 15,989 issued and outstanding in 2015	160	172
Additional paid-in capital	173,700	169,654
Retained earnings	63,293	64,392
Total stockholders’ equity	237,153	234,218
Total liabilities and stockholders’ equity	$ 303,896	$ 297,904