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Consolidated Balance Sheets (USD $)
In Thousands, unless otherwise specified
Dec. 31, 2013
Dec. 31, 2012
Current assets    
Cash and cash equivalents $ 55,824 $ 105,111
Restricted cash and cash equivalents 64,368 55,964
Investments 108,420   
Accounts receivable, net 7,217 7,951
Note receivable secured by real estate    27,000
Income taxes receivable 3,599   
Deferred income taxes 5,159 5,481
Other current assets 19,116 12,667
Total current assets 263,703 214,174
Property and equipment, net 339,596 269,162
Restricted cash 0 225
Prepaid royalties 4,641 5,299
Goodwill 2,941 2,941
Other assets 5,219 3,122
Total assets 616,100 494,923
Current liabilities    
Accounts payable 24,231 14,174
Accrued compensation and benefits 20,093 18,812
Accrued liabilities 14,554 17,467
Income taxes payable 7 8,704
Student deposits 66,772 57,745
Deferred revenue 32,816 28,614
Due to related parties 454 523
Current portion of capital lease obligations 89 87
Current portion of notes payable 6,607 6,601
Total current liabilities 165,623 152,727
Capital lease obligations, less current portion 497 587
Other noncurrent liabilities 6,811 7,405
Deferred income taxes, non-current 11,832 7,045
Notes payable, less current portion 86,493 93,100
Total liabilities 271,256 260,864
Commitments and contingencies      
Stockholders' equity    
Preferred stock, $0.01 par value, 10,000 shares authorized; 0 shares issued and outstanding at December 31, 2013 and 2012      
Common stock, $0.01 par value, 100,000 shares authorized; 48,890 and 47,136 shares issued and 46,045 and 44,716 shares outstanding at December 31, 2013 and 2012, respectively 489 471
Treasury stock, at cost, 2,845 and 2,420 shares of common stock at December 31, 2013 and 2012, respectively (48,432) (39,136)
Additional paid-in capital 132,904 102,133
Accumulated other comprehensive income (loss) 358 (223)
Retained earnings 259,525 170,814
Total stockholders' equity 344,844 234,059
Total liabilities and stockholders' equity $ 616,100 $ 494,923