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Consolidated Statements of Cash Flows (Unaudited) (USD $)
In Thousands
6 Months Ended
Jun. 30, 2011
Jun. 30, 2010
Cash flows provided by operating activities:    
Net income $ 24,556 $ 23,876
Adjustments to reconcile net income to net cash provided by operating activities:    
Share-based compensation 3,130 2,338
Excess tax benefits from share-based compensation   (536)
Amortization of debt issuance costs 30 32
Provision for bad debts 14,586 10,273
Depreciation and amortization 7,826 5,309
Non-capitalizable system conversion costs   4,013
Litigation settlement (5,200)  
Exit costs (64) (481)
Deferred income taxes 2,881 (5,974)
Other   (59)
Changes in assets and liabilities:    
Accounts receivable (13,372) (43,120)
Prepaid expenses and other (1,127) (3,107)
Due to/from related parties (8,773) 902
Accounts payable 4,996 3,062
Accrued liabilities and employee related liabilities (3,102) 8,482
Income taxes receivable/payable 2,295 3,041
Deferred rent 2,704 197
Deferred revenue 6,755 9,077
Student deposits (2,095) 12,802
Net cash provided by operating activities 36,026 30,127
Cash flows used in investing activities:    
Capital expenditures (38,276) (22,355)
Change in restricted cash and cash equivalents 6,993 (27,386)
Proceeds from sale or maturity of investments   487
Net cash used in investing activities (31,283) (49,254)
Cash flows used in financing activities:    
Principal payments on notes payable and capital lease obligations (1,892) (1,515)
Debt issuance costs (70)  
Repurchase of common shares (22,369)  
Excess tax benefits from share-based compensation   536
Net proceeds from exercise of stock options 603 955
Net cash used in financing activities (23,728) (24)
Net decrease in cash and cash equivalents (18,985) (19,151)
Cash and cash equivalents, beginning of period 33,637 62,571
Cash and cash equivalents, end of period 14,652 43,420
Supplemental disclosure of cash flow information    
Cash paid for interest 145 409
Cash paid for income taxes 11,793 19,061
Supplemental disclosure of non-cash investing and financing activities    
Purchases of property and equipment included in accounts payable 6,791 229
Tax benefit of Spirit warrant intangible 127 259
Shortfall tax expense from share-based compensation $ 47