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Consolidated Balance Sheets(Current Period Unaudited) - USD ($)
$ in Thousands
Jun. 30, 2015
Dec. 31, 2014
Current assets:    
Cash and cash equivalents (Note 2) $ 103,724 $ 115,634
Accounts receivable, net of allowance of $14,737 in 2015 and $10,699 in 2014 5,730 6,130
Prepaid expenses 6,570 6,379
Income tax receivable 638 2,029
Deferred income taxes 6,869 6,046
Total current assets 123,531 136,218
Property and equipment, net 108,240 102,424
Investments 12,302 12,051
Goodwill 38,634 38,634
Other assets, net 8,735 8,577
Total assets 291,442 297,904
LIABILITIES AND STOCKHOLDERS’ EQUITY    
Accounts payable 7,051 11,029
Accrued liabilities 14,190 13,416
Deferred revenue and student deposits 21,374 23,805
Total current liabilities 42,615 48,250
Deferred income taxes 16,487 15,436
Total liabilities $ 59,102 $ 63,686
Commitments and contingencies (Note 2)    
Stockholders’ equity:    
Preferred stock, $.01 par value; Authorized shares - 10,000; no shares issued or outstanding    
Common stock, $.01 par value; Authorized shares - 100,000; 16,574 issued and outstanding in 2015; 17,152 issued and outstanding in 2014 $ 166 $ 172
Additional paid-in capital 170,469 169,654
Retained earnings 61,705 64,392
Total stockholders’ equity 232,340 234,218
Total liabilities and stockholders’ equity $ 291,442 $ 297,904