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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2024
Dec. 31, 2023
CURRENT ASSETS:    
Cash and cash equivalents $ 66,987 $ 75,992
Restricted cash 0 4,277
Accounts receivable, less allowance for credit losses of $39,355 and $34,441 at June 30, 2024 and December 31, 2023, respectively 43,581 35,692
Inventories 2,345 2,948
Prepaid income taxes and income taxes receivable 2,388 0
Prepaid expenses and other current assets 4,090 5,556
Assets held for sale 0 10,198
Total current assets 119,391 134,663
PROPERTY, EQUIPMENT AND FACILITIES - At cost, net of accumulated depreciation and amortization of $142,957 and $140,161 at June 30, 2024 and December 31, 2023, respectively 59,495 50,857
OTHER ASSETS:    
Noncurrent receivables, less allowance for credit losses of $18,876 and $19,370 at June 30, 2024 and December 31, 2023, respectively 17,058 17,504
Deferred finance charges 399 0
Deferred income taxes, net 22,796 23,217
Operating lease right-of-use assets 106,603 89,923
Finance lease right-of-use assets 27,580 15,797
Goodwill 10,742 10,742
Other assets, net 1,372 1,787
Pension plan assets, net 943 759
Total other assets 187,493 159,729
TOTAL ASSETS 366,379 345,249
CURRENT LIABILITIES:    
Unearned tuition 24,328 26,906
Accounts payable 19,001 18,152
Accrued expenses 11,611 13,713
Income taxes payable 0 2,832
Current portion of operating lease liabilities 11,952 11,737
Current portion of finance lease liabilities 0 70
Total current liabilities 66,892 73,410
NONCURRENT LIABILITIES:    
Long-term portion of operating lease liabilities 105,929 88,853
Long-term portion of finance lease liabilities 28,702 16,126
Other long-term liabilities 0 56
Total liabilities 201,523 178,445
STOCKHOLDERS' EQUITY:    
Common stock, no par value -authorized 100,000,000 shares at June 30, 2024 and December 31, 2023, issued and outstanding 31,490,839 shares at June 30, 2024 and 31,359,110 shares at December 31, 2023. 48,181 48,181
Additional paid-in capital 48,328 49,380
Retained earnings 68,383 69,279
Accumulated other comprehensive loss (36) (36)
Total stockholders' equity 164,856 166,804
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY $ 366,379 $ 345,249