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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2022
Dec. 31, 2021
CURRENT ASSETS:    
Cash and cash equivalents $ 46,074 $ 83,307
Restricted cash 4,213 0
Short-term investments 14,758 0
Accounts receivable, less allowance of $28,560 and $26,837 at December 31, 2022 and 2021, respectively 37,175 26,159
Inventories 2,618 2,721
Prepaid expenses and other current assets 4,738 4,881
Assets held for sale 4,559 4,559
Total current assets 114,135 121,627
PROPERTY, EQUIPMENT AND FACILITIES - At cost, net of accumulated depreciation and amortization of $146,367 and $153,335 at December 31, 2022 and 2021, respectively 23,940 23,119
OTHER ASSETS:    
Noncurrent receivables, less allowance of $6,810 and $5,084 at December 31, 2022 and 2021, respectively 22,734 20,028
Deferred income taxes, net 22,312 23,708
Operating lease right-of-use assets 93,097 91,487
Goodwill 14,536 14,536
Other assets, net 812 794
Total other assets 153,491 150,553
TOTAL ASSETS 291,566 295,299
CURRENT LIABILITIES:    
Unearned tuition 24,154 25,405
Accounts payable 10,496 12,297
Accrued expenses 8,653 15,669
Income taxes payable 2,055 1,017
Current portion of operating lease liabilities 9,631 11,479
Other short-term liabilities 31 15
Total current liabilities 55,020 65,882
NONCURRENT LIABILITIES:    
Pension plan liabilities 668 1,607
Long-term portion of operating lease liabilities 91,001 86,410
Total liabilities 146,689 153,899
COMMITMENTS AND CONTINGENCIES
STOCKHOLDERS' EQUITY:    
Common stock, no par value - authorized 100,000,000 shares at December 31, 2022 and 2021, issued and outstanding 31,147,925 shares 49,072 141,377
Additional paid-in capital 45,540 32,439
Treasury stock at cost - zero and 5,910,541 shares at December 31, 2022 and 2021 0 (82,860)
Retained earnings 51,225 39,702
Accumulated other comprehensive loss (960) (1,240)
Total stockholders' equity 144,877 129,418
TOTAL LIABILITIES, SERIES A CONVERTIBLE PREFERRED STOCK AND STOCKHOLDERS EQUITY 291,566 295,299
Series A Convertible Preferred Stock [Member]    
SERIES A CONVERTIBLE PREFERRED STOCK    
Preferred stock, no par value - authorized 10,000,000 shares at December 31, 2022 and 2021, issued and outstanding Series A convertible preferred stock, zero shares at December 31, 2022 and 12,700 shares at December 31, 2021. $ 0 $ 11,982