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CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($)
$ in Thousands
Jun. 30, 2015
Dec. 31, 2014
CURRENT ASSETS:    
Cash and cash equivalents $ 4,850 $ 12,299
Restricted cash 0 30,000
Accounts receivable, less allowance of $11,476 and $12,193 at June 30, 2015 and December 31, 2014, respectively 17,574 13,533
Inventories 1,597 1,486
Prepaid income taxes and income taxes receivable 849 879
Assets held for sale 52,393 50,930
Prepaid expenses and other current assets 3,614 3,937
Total current assets 80,877 113,064
PROPERTY, EQUIPMENT AND FACILITIES - At cost, net of accumulated depreciation and amortization of $143,174 and $136,910 at June 30, 2015 and December 31, 2014, respectively 63,919 69,740
OTHER ASSETS:    
Noncurrent receivables, less allowance of $979 and $1,016 at June 30, 2015 and December 31, 2014, respectively 5,451 6,235
Deferred finance charges 481 158
Goodwill 22,207 22,207
Other assets, net 2,658 2,303
Total other assets 30,797 30,903
TOTAL 175,593 213,707
CURRENT LIABILITIES:    
Current portion of credit agreement 6,000 30,000
Current portion of capital lease obligations 490 471
Unearned tuition 22,351 26,469
Accounts payable 14,913 11,894
Accrued expenses 15,051 13,865
Other short-term liabilities 780 780
Total current liabilities 59,585 83,479
NONCURRENT LIABILITIES:    
Long-term capital lease obligations 24,788 25,038
Long-term finance obligation 9,672 9,672
Pension plan liabilities 4,961 5,299
Accrued rent 6,709 6,852
Other long-term liabilities 219 357
Total liabilities $ 105,934 $ 130,697
COMMITMENTS AND CONTINGENCIES    
STOCKHOLDERS' EQUITY:    
Preferred stock, no par value - 10,000,000 shares authorized, no shares issued and outstanding at June 30, 2015 and December 31, 2014 $ 0 $ 0
Common stock, no par value - authorized: 100,000,000 shares at June 30, 2015 and December 31, 2014; issued and outstanding: 29,867,655 shares at June 30, 2015 and 29,933,086 shares at December 31, 2014 141,377 141,377
Additional paid-in capital 27,025 26,350
Treasury stock at cost - 5,910,541 shares at June 30, 2015 and December 31, 2014 (82,860) (82,860)
(Accumulated deficit) retained earnings (8,878) 5,610
Accumulated other comprehensive loss (7,005) (7,467)
Total stockholders' equity 69,659 83,010
TOTAL $ 175,593 $ 213,707