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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Sep. 30, 2024
Dec. 31, 2023
CURRENT ASSETS:    
Cash and cash equivalents $ 53,962 $ 75,992
Restricted cash 0 4,277
Accounts receivable, less allowance for credit losses of $40,094 and $34,441 at September 30, 2024 and December 31, 2023, respectively 53,121 35,692
Inventories 2,711 2,948
Prepaid income taxes and income taxes receivable 2,006 0
Prepaid expenses and other current assets 3,638 5,556
Assets held for sale 0 10,198
Total current assets 115,438 134,663
PROPERTY, EQUIPMENT AND FACILITIES - At cost, net of accumulated depreciation and amortization of $141,357 and $140,161 at September 30, 2024 and December 31, 2023, respectively 75,495 50,857
OTHER ASSETS:    
Noncurrent receivables, less allowance for credit losses of $21,935 and $19,370 at September 30, 2024 and December 31, 2023, respectively 19,822 17,504
Deferred finance charges 361 0
Deferred income taxes, net 22,762 23,217
Operating lease right-of-use assets 129,838 89,923
Finance lease right-of-use assets 27,163 15,797
Goodwill 10,742 10,742
Other assets, net 1,365 1,787
Pension plan assets, net 1,036 759
Total other assets 213,089 159,729
TOTAL ASSETS 404,022 345,249
CURRENT LIABILITIES:    
Unearned tuition 22,979 26,906
Accounts payable 27,855 18,152
Accrued expenses 12,283 13,713
Income taxes payable 0 2,832
Current portion of operating lease liabilities 10,338 11,737
Current portion of finance lease liabilities 0 70
Total current liabilities 73,455 73,410
NONCURRENT LIABILITIES:    
Long-term portion of operating lease liabilities 131,245 88,853
Long-term portion of finance lease liabilities 29,359 16,126
Other long-term liabilities 0 56
Total liabilities 234,059 178,445
STOCKHOLDERS' EQUITY:    
Common stock, no par value -authorized 100,000,000 shares at September 30, 2024 and December 31, 2023, issued and outstanding 31,479,167 shares at September 30, 2024 and 31,359,110 shares at December 31, 2023. 48,181 48,181
Additional paid-in capital 49,482 49,380
Retained earnings 72,336 69,279
Accumulated other comprehensive loss (36) (36)
Total stockholders' equity 169,963 166,804
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY $ 404,022 $ 345,249