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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 31, 2022
Dec. 31, 2021
CURRENT ASSETS:    
Cash and cash equivalents $ 65,599 $ 83,307
Accounts receivable, less allowance of $27,545 and $26,837 at March 31, 2022 and December 31, 2021, respectively 34,866 26,159
Inventories 2,640 2,721
Prepaid expenses and other current assets 5,364 4,881
Assets held for sale 4,559 4,559
Total current assets 113,028 121,627
PROPERTY, EQUIPMENT AND FACILITIES - At cost, net of accumulated depreciation and amortization of $150,597 and $153,335 at March 31, 2022 and December 31, 2021, respectively 23,447 23,119
OTHER ASSETS:    
Noncurrent receivables, less allowance of $4,513 and $5,084 at March 31, 2022 and December 31, 2021, respectively 16,869 20,028
Deferred income taxes, net 23,644 23,708
Operating lease right-of-use assets 95,377 91,487
Goodwill 14,536 14,536
Other assets, net 787 794
Total other assets 151,213 150,553
TOTAL ASSETS 287,688 295,299
CURRENT LIABILITIES:    
Unearned tuition 21,192 25,405
Accounts payable 13,083 12,297
Accrued expenses 9,291 15,669
Income taxes payable 221 1,017
Current portion of operating lease liabilities 11,228 11,479
Other short-term liabilities 32 15
Total current liabilities 55,047 65,882
NONCURRENT LIABILITIES:    
Pension plan liabilities 1,509 1,607
Long-term portion of operating lease liabilities 90,547 86,410
Total liabilities 147,103 153,899
COMMITMENTS AND CONTINGENCIES
STOCKHOLDERS' EQUITY:    
Common stock, no par value - authorized: 100,000,000 shares at March 31, 2022 and December 31, 2021; issued and outstanding: 27,260,154 shares at March 31, 2022 and 27,000,687 shares at December 31, 2021 141,377 141,377
Additional paid-in capital 31,686 32,439
Treasury stock at cost - 5,910,541 shares at March 30, 2022 and December 31, 2021 (82,860) (82,860)
Retained earnings 39,670 39,702
Accumulated other comprehensive loss (1,270) (1,240)
Total stockholders' equity 128,603 129,418
TOTAL LIABILITIES, SERIES A CONVERTIBLE PREFERRED STOCK AND STOCKHOLDERS' EQUITY 287,688 295,299
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 March 31, 2022 and December 31, 2021 $ 11,982 $ 11,982