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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2020
Dec. 31, 2019
CURRENT ASSETS:    
Cash and cash equivalents $ 38,026 $ 23,644
Accounts receivable, less allowance of $25,174 and $18,107 at December 31, 2020 and 2019, respectively 30,021 20,652
Inventories 2,394 1,608
Prepaid income taxes and income taxes receivable 0 383
Prepaid expenses and other current assets 3,723 4,190
Total current assets 74,164 50,477
PROPERTY, EQUIPMENT AND FACILITIES - At cost, net of accumulated depreciation and amortization of $176,300 and $172,408 at December 31, 2020 and 2019, respectively 48,388 49,345
OTHER ASSETS:    
Noncurrent restricted cash 0 15,000
Noncurrent receivables, less allowance of $3,465 and $2,260 at December 31, 2020 and 2019, respectively 16,463 15,337
Deferred income taxes, net 35,718 0
Operating lease right-of-use assets 55,187 49,065
Goodwill 14,536 14,536
Other assets, net 734 1,003
Total other assets 122,638 94,941
TOTAL ASSETS 245,190 194,763
CURRENT LIABILITIES:    
Current portion of credit agreement 2,000 2,000
Unearned tuition 23,453 23,411
Accounts payable 15,676 14,584
Accrued expenses 16,692 7,869
Income taxes payable 491 0
Current portion of operating lease liabilities 8,504 9,142
Other short-term liabilities 26 199
Total current liabilities 66,842 57,205
NONCURRENT LIABILITIES:    
Long-term credit agreement 15,212 32,028
Pension plan liabilities 4,252 4,015
Deferred income taxes, net 0 153
Long-term portion of operating lease liabilities 52,702 46,018
Other long-term liabilities 3,133 214
Total liabilities 142,141 139,633
COMMITMENTS AND CONTINGENCIES
STOCKHOLDERS' EQUITY:    
Common stock, no par value - authorized 100,000,000 shares at December 31, 2020 and 2019, issued and outstanding 26,476,329 shares at December 31, 2020 and 25,231,710 shares at December 31, 2019 141,377 141,377
Additional paid-in capital 30,512 30,145
Treasury stock at cost - 5,910,541 shares at December 31, 2020 and 2019 (82,860) (82,860)
Retained earnings (accumulated deficit) 6,203 (42,058)
Accumulated other comprehensive loss (4,165) (3,456)
Total stockholders' equity 91,067 43,148
TOTAL LIABILITIES, SERIES A CONVERTIBLE PREFERRED STOCK AND STOCKHOLDERS' EQUITY 245,190 194,763
Series A Convertible Preferred Stock [Member]    
SERIES A CONVERTIBLE PREFERRED STOCK    
Preferred stock, no par value - 10,000,000 shares authorized, Series A convertible preferred shares, 12,700 shares issued and outstanding at December 31, 2020 and no shares issued and outstanding at December 31, 2019 11,982 11,982
STOCKHOLDERS' EQUITY:    
Total stockholders' equity $ 11,982 $ 11,982