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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2023
Dec. 31, 2022
CURRENT ASSETS:    
Cash and cash equivalents $ 75,992 $ 46,074
Restricted cash 4,277 4,213
Short-term investments 0 14,758
Accounts receivable, less allowance of $34,441 and $28,560 at December 31, 2023 and 2022, respectively 35,692 37,175
Inventories 2,948 2,618
Prepaid expenses and other current assets 5,556 4,738
Asset held for sale 10,198 4,559
Total current assets 134,663 114,135
PROPERTY, EQUIPMENT AND FACILITIES - At cost, net of accumulated depreciation and amortization of $140,161 and $146,367 at December 31, 2023 and 2022, respectively 50,857 23,940
OTHER ASSETS:    
Noncurrent receivables, less allowance of $19,370 and $6,810 at December 31, 2023 and 2022, respectively 17,504 22,734
Deferred income taxes, net 23,217 22,312
Operating lease right-of-use assets 89,923 93,097
Finance lease right-of-use assets 15,797 0
Goodwill 10,742 14,536
Other assets, net 1,787 812
Pension plan assets, net 759 0
Total other assets 159,729 153,491
TOTAL ASSETS 345,249 291,566
CURRENT LIABILITIES:    
Unearned tuition 26,906 24,154
Accounts payable 18,152 10,496
Accrued expenses 13,680 8,653
Income taxes payable 2,832 2,055
Current portion of operating lease liabilities 11,737 9,631
Current portion of finance lease liabilities 70 0
Other short-term liabilities 33 31
Total current liabilities 73,410 55,020
NONCURRENT LIABILITIES:    
Pension plan liabilities 0 668
Long-term portion of operating lease liabilities 88,853 91,001
Long-term portion of finance lease liabilities 16,126 0
Other long-term liabilities 56 0
Total liabilities 178,445 146,689
COMMITMENTS AND CONTINGENCIES
STOCKHOLDERS' EQUITY:    
Common stock, no par value - authorized 100,000,000 shares at December 31, 2023 and 2022, issued and outstanding 31,359,110 shares at December 31, 2023 and 31,147,925 shares at December 31, 2022 48,181 49,072
Additional paid-in capital 49,380 45,540
Retained earnings 69,279 51,225
Accumulated other comprehensive loss (36) (960)
Total stockholders' equity 166,804 144,877
TOTAL LIABILITIES, SERIES A CONVERTIBLE PREFERRED STOCK AND STOCKHOLDERS' EQUITY 345,249 291,566
Series A Convertible Preferred Stock [Member]    
SERIES A CONVERTIBLE PREFERRED STOCK    
Preferred stock, no par value - authorized 10,000,000 shares at December 31, 2023 and 2022, respectively. $ 0 $ 0