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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2021
Dec. 31, 2020
CURRENT ASSETS:    
Cash and cash equivalents $ 33,007 $ 38,026
Accounts receivable, less allowance of $24,073 and $25,174 at June 30, 2021 and December 31, 2020, respectively 31,718 30,021
Inventories 3,327 2,394
Prepaid income taxes 209 0
Prepaid expenses and other current assets 4,239 3,723
Total current assets 72,500 74,164
PROPERTY, EQUIPMENT AND FACILITIES - At cost, net of accumulated depreciation and amortization of $178,391 and $176,300 at June 30, 2021 and December 31, 2020, respectively 51,446 48,388
OTHER ASSETS:    
Noncurrent receivables, less allowance of $4,048 and $3,465 at June 30, 2021 and December 31, 2020, respectively 17,536 16,463
Deferred income taxes, net 33,696 35,718
Operating lease right-of-use assets 54,081 55,187
Goodwill 14,536 14,536
Other assets, net 851 734
Total other assets 120,700 122,638
TOTAL ASSETS 244,646 245,190
CURRENT LIABILITIES:    
Current portion of credit agreement 2,000 2,000
Unearned tuition 22,183 23,453
Accounts payable 13,385 15,676
Accrued expenses 14,836 16,692
Income taxes payable 0 491
Current portion of operating lease liabilities 10,011 8,504
Other short-term liabilities 59 26
Total current liabilities 62,474 66,842
NONCURRENT LIABILITIES:    
Long-term credit agreement 14,303 15,212
Pension plan liabilities 4,650 4,252
Long-term portion of operating lease liabilities 50,628 52,702
Other long-term liabilities 2,868 3,133
Total liabilities 134,923 142,141
COMMITMENTS AND CONTINGENCIES
STOCKHOLDERS' EQUITY:    
Common stock, no par value - authorized: 100,000,000 shares at June 30, 2021 and December 31, 2020; issued and outstanding: 26,972,165 shares at June 30, 2021 and 26,476,329 shares at December 31, 2020 141,377 141,377
Additional paid-in capital 30,887 30,512
Treasury stock at cost - 5,910,541 shares at June 30, 2021 and December 31, 2020 (82,860) (82,860)
Retained earnings 12,510 6,203
Accumulated other comprehensive loss (4,173) (4,165)
Total stockholders' equity 97,741 91,067
TOTAL LIABILITIES, SERIES A CONVERTIBLE PREFERRED STOCK AND STOCKHOLDERS' EQUITY 244,646 245,190
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 June 30, 2021 and December 31, 2020 $ 11,982 $ 11,982