CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Dec. 31, 2025	Dec. 31, 2024
CURRENT ASSETS:
Cash and cash equivalents	$ 28,519	$ 59,273
Accounts receivable, less allowance of $43,975 and $42,615 at December 31, 2025 and December 31, 2024, respectively	36,929	42,983
Inventories	3,986	3,053
Income tax receivable	1,599	0
Tenant allowance receivable	8,127	762
Prepaid and other assets	7,872	4,031
Assets held for sale	0	1,150
Total current assets	87,032	111,252
PROPERTY, EQUIPMENT AND FACILITIES - At cost, net of accumulated depreciation and amortization of $148,067 and $141,271 at December 31, 2025 and December 31, 2024, respectively	171,603	103,533
OTHER ASSETS:
Noncurrent receivables, less allowance of $26,371 and $22,957 at December 31, 2025 and December 31, 2024, respectively	21,248	19,627
Deferred finance charges	302	323
Deferred income taxes, net	21,668	25,359
Operating lease right-of-use assets	154,223	136,034
Finance lease right-of-use assets	25,075	26,745
Goodwill	10,742	10,742
Pension plan assets, net	0	1,554
Other assets, net	1,271	1,387
Total other assets	234,529	221,771
TOTAL ASSETS	493,164	436,556
CURRENT LIABILITIES:
Unearned tuition	44,159	30,631
Accounts payable	27,023	37,026
Accrued expenses	18,430	11,986
Income taxes payable	0	1,072
Current portion of operating lease liabilities	10,634	9,497
Current portion of finance lease liabilities	463	0
Total current liabilities	100,709	90,212
NONCURRENT LIABILITIES:
Long-term portion of operating lease liabilities	162,113	138,803
Long-term portion of finance lease liabilities	30,654	29,261
Other long-term liabilities	0	16
Total liabilities	293,476	258,292
COMMITMENTS AND CONTINGENCIES
STOCKHOLDERS' EQUITY:
Common stock, no par value - authorized 100,000,000 shares at December 31, 2025 and December 31, 2024, issued and outstanding 31,623,795 shares at December 31, 2025 and 31,462,640 shares at December 31, 2024	48,181	48,181
Additional paid-in capital	52,339	50,639
Retained earnings	99,168	79,170
Accumulated other comprehensive loss	0	274
Total stockholders’ equity	199,688	178,264
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY	$ 493,164	$ 436,556