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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2019
Sep. 30, 2018
Operating activities    
Net income $ 4,294 $ 16,546
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 11,758 13,158
Stock-based compensation 5,031 5,524
Equity investment loss 1,464 483
Deferred income taxes 599 732
Loss on disposals of long-lived assets 524 882
Impairment of goodwill 7,336 0
Other 83 280
Changes in operating assets and liabilities:    
Accounts receivable, net of allowance for bad debt 6,117 (6,138)
Prepaid expenses (832) (872)
Income tax receivable/payable (4,751) (4,907)
Operating leases, net 361 0
Other assets 303 315
Accounts payable (5,145) (4,541)
Accrued compensation and benefits (1,909) 32
Accrued liabilities 4,405 1,522
Deferred revenue and student deposits 2,298 2,539
Net cash provided by operating activities 31,936 25,555
Investing activities    
Capital expenditures (4,151) (5,349)
Net cash used in investing activities (4,151) (5,349)
Financing activities    
Cash paid for repurchase of common stock (29,813) (1,815)
Net cash used in financing activities (29,813) (1,815)
Net (decrease) increase in cash, cash equivalents, and restricted cash (2,028) 18,391
Cash, cash equivalents, and restricted cash at beginning of period 212,131 179,205
Cash, cash equivalents, and restricted cash at end of period 210,103 197,596
Supplemental disclosure of cash flow information    
Income taxes paid $ 5,749 $ 10,041