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Consolidated Statements of Cash Flows (Unaudited) (USD $)
In Thousands
6 Months Ended
Jun. 30, 2011
Jun. 30, 2010
Cash flows provided by operating activities:  
Net income$ 22,354$ 18,214
Adjustments to reconcile net income to net cash provided by operating activities:  
Share-based compensation3,1302,338
Excess tax benefits from share-based compensation (536)
Amortization of debt issuance costs3032
Provision for bad debts18,27719,563
Depreciation and amortization7,8265,309
Non-capitalizable system conversion costs 4,013
Litigation settlement(5,200) 
Exit costs(64)(481)
Deferred income taxes1,392(9,802)
Other (59)
Changes in assets and liabilities:  
Accounts receivable(13,372)(42,920)
Prepaid expenses and other(1,127)(3,107)
Due to/from related parties(8,773)902
Accounts payable4,9963,062
Accrued liabilities and employee related liabilities(3,102)8,482
Income taxes receivable/payable2,2953,041
Deferred rent2,704197
Deferred revenue6,8339,099
Student deposits(2,173)12,780
Net cash provided by operating activities36,02630,127
Cash flows used in investing activities:  
Capital expenditures(38,276)(22,355)
Change in restricted cash and cash equivalents6,993(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 options603955
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 period33,63762,571
Cash and cash equivalents, end of period14,65243,420
Supplemental disclosure of cash flow information  
Cash paid for interest145409
Cash paid for income taxes11,79319,061
Supplemental disclosure of non-cash investing and financing activities  
Purchases of property and equipment included in accounts payable6,791229
Tax benefit of Spirit warrant intangible127259
Shortfall tax expense from share-based compensation$ 47