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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2015
Jun. 30, 2014
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net loss $ (14,488) $ (22,691)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation and amortization 7,244 10,031
Amortization of deferred finance charges 222 412
Deferred income taxes 0 762
Gain on disposition of assets (40) (61)
Fixed asset donation (9) (51)
Provision for doubtful accounts 7,449 7,491
Stock-based compensation expense 779 1,704
Deferred rent (380) (330)
(Increase) decrease in assets:    
Accounts receivable (11,143) (9,732)
Inventories (83) 76
Prepaid income taxes and income taxes receivable 30 507
Prepaid expenses and current assets 294 (1,110)
Other assets (880) 518
Increase (decrease) in liabilities:    
Accounts payable 3,032 (3,880)
Accrued expenses 1,069 4,011
Pension plan liabilities 0 (90)
Unearned tuition (4,728) (2,598)
Other liabilities (14) 132
Total adjustments 2,842 7,792
Net cash used in operating activities (11,646) (14,899)
CASH FLOWS FROM INVESTING ACTIVITIES:    
Capital expenditures (1,298) (2,611)
Proceeds from sale of property and equipment 80 67
Net cash used in investing activities (1,218) (2,544)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Payments on borrowings (32,500) (54,500)
Reclassifications of payments of borrowings from restricted cash 30,000 54,500
Payment of deferred finance fees (250) 0
Proceeds from borrowings 8,500 15,000
Net share settlement for equity-based compensation (104) (112)
Dividends paid 0 (3,358)
Principal payments under capital lease obligations (231) (214)
Net cash (used in) provided by financing activities 5,415 11,316
NET DECREASE IN CASH AND CASH EQUIVALENTS (7,449) (6,127)
CASH AND CASH EQUIVALENTS-Beginning of period 12,299 12,886
CASH AND CASH EQUIVALENTS-End of period 4,850 6,759
Cash paid during the year for:    
Interest 3,085 2,063
Income taxes 79 118
SUPPLEMENTAL SCHEDULE OF NONCASH INVESTING AND FINANCING ACTIVITIES:    
Liabilities accrued for or noncash purchases of fixed assets $ 206 $ 867