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CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($)
$ in Thousands
Jun. 30, 2018
Dec. 31, 2017
CURRENT ASSETS:    
Cash and cash equivalents $ 3,081 $ 14,563
Restricted cash 8,490 7,189
Accounts receivable, less allowance of $13,796 and $12,806 at June 30, 2018 and December 31, 2017, respectively 20,685 15,791
Inventories 1,802 1,657
Prepaid income taxes and income taxes receivable 239 207
Assets held for sale 0 2,959
Prepaid expenses and other current assets 2,358 2,352
Total current assets 36,655 44,718
PROPERTY, EQUIPMENT AND FACILITIES - At cost, net of accumulated depreciation and amortization of $171,018 and $163,946 at June 30, 2018 and December 31, 2017, respectively 53,468 52,866
OTHER ASSETS:    
Noncurrent restricted cash 0 32,802
Noncurrent receivables, less allowance of $966 and $978 at June 30, 2018 and December 31, 2017, respectively 9,804 8,928
Deferred income taxes, net 424 424
Goodwill 14,536 14,536
Other assets, net 908 939
Total other assets 25,672 57,629
TOTAL 115,795 155,213
CURRENT LIABILITIES:    
Unearned tuition 19,419 24,647
Accounts payable 15,587 10,508
Accrued expenses 12,220 11,771
Other short-term liabilities 505 558
Total current liabilities 47,731 47,484
NONCURRENT LIABILITIES:    
Long-term credit agreement and term loan 24,292 52,593
Pension plan liabilities 4,395 4,437
Accrued rent 3,828 4,338
Other long-term liabilities 281 548
Total liabilities 80,527 109,400
COMMITMENTS AND CONTINGENCIES
STOCKHOLDERS' EQUITY:    
Preferred stock, no par value - 10,000,000 shares authorized, no shares issued and outstanding at June 30, 2018 and December 31, 2017 0 0
Common stock, no par value - authorized: 100,000,000 shares at June 30, 2018 and December 31, 2017; issued and outstanding: 30,552,333 shares at June 30, 2018 and 30,624,407 shares at December 31, 2017 141,377 141,377
Additional paid-in capital 29,444 29,334
Treasury stock at cost - 5,910,541 shares at June 30, 2018 and December 31, 2017 (82,860) (82,860)
Accumulated deficit (48,506) (37,528)
Accumulated other comprehensive loss (4,187) (4,510)
Total stockholders' equity 35,268 45,813
TOTAL $ 115,795 $ 155,213