Consolidated Balance Sheets - USD ($) $ in Thousands	Sep. 30, 2020	Dec. 31, 2019
Current assets:
Cash, cash equivalents, and restricted cash (Note 2)	$ 228,009	$ 202,740
Accounts receivable, net of allowance of $5,805 in 2020 and $6,174 in 2019	9,560	11,325
Prepaid expenses	7,563	7,087
Income tax receivable	2,500	1,757
Total current assets	247,632	222,909
Property and equipment, net	70,930	78,495
Operating lease assets, net	9,377	11,658
Investments	10,500	10,502
Goodwill	26,563	26,563
Other assets, net	5,197	4,770
Total assets	370,199	354,897
Current liabilities:
Accounts payable	4,489	3,546
Accrued compensation and benefits	16,784	13,753
Accrued liabilities	10,555	8,270
Deferred revenue and student deposits	25,491	17,426
Operating lease liabilities, current	2,474	2,283
Total current liabilities	59,793	45,278
Operating lease liabilities, long-term	6,997	9,495
Deferred income taxes	5,365	3,391
Total liabilities	72,155	58,164
Commitments and contingencies (Note 7)
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; 14,809 issued and outstanding in 2020; 15,178 issued and outstanding in 2019	148	152
Additional paid-in capital	193,787	190,620
Retained earnings	104,109	105,961
Total stockholders’ equity	298,044	296,733
Total liabilities and stockholders’ equity	$ 370,199	$ 354,897