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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2023
Dec. 31, 2022
CURRENT ASSETS:    
Cash and cash equivalents $ 66,356 $ 46,074
Restricted cash 4,212 4,213
Short-term investments 24,344 14,758
Accounts receivable, less allowance for credit losses of $31,742 and $28,560 at June 30, 2023 and December 31, 2022, respectively 32,050 37,175
Inventories 2,555 2,618
Prepaid expenses and other current assets 7,973 4,738
Assets held for sale 0 4,559
Total current assets 137,490 114,135
PROPERTY, EQUIPMENT AND FACILITIES - At cost, net of accumulated depreciation and amortization of $138,699 and $146,367 at June 30, 2023 and December 31, 2022, respectively 32,508 23,940
OTHER ASSETS:    
Noncurrent receivables, less allowance for credit losses of $15,865 and $6,810 at June 30, 2023 and December 31, 2022, respectively 15,341 22,734
Deferred income taxes, net 25,210 22,312
Operating lease right-of-use assets 88,966 93,097
Goodwill 10,742 14,536
Other assets, net 1,161 812
Total other assets 141,420 153,491
TOTAL ASSETS 311,418 291,566
CURRENT LIABILITIES:    
Unearned tuition 22,928 24,154
Accounts payable 16,844 10,496
Accrued expenses 12,347 8,653
Income taxes payable 6,095 2,055
Current portion of operating lease liabilities 10,408 9,631
Other short-term liabilities 40 31
Total current liabilities 68,662 55,020
NONCURRENT LIABILITIES:    
Pension plan liabilities 638 668
Long-term portion of operating lease liabilities 87,653 91,001
Total liabilities 156,953 146,689
STOCKHOLDERS' EQUITY:    
Common stock, no par value - authorized 100,000,000 shares at June 30, 2023 and December 31, 2022, issued and outstanding 31,359,110 shares at June 30, 2023 and 31,147,925 shares at December 31, 2022. 48,181 49,072
Additional paid-in capital 46,874 45,540
Retained earnings 60,423 51,225
Accumulated other comprehensive loss (1,013) (960)
Total stockholders' equity 154,465 144,877
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY $ 311,418 $ 291,566