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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2016
Dec. 31, 2015
Current assets    
Cash and cash equivalents $ 45,976 $ 23,036
Restricted cash, cash equivalents and investments 84,931 75,384
Investments 62,596 83,364
Accounts receivable, net 9,999 8,298
Income taxes receivable 4,686 3,952
Other current assets 21,880 20,863
Total current assets 230,068 214,897
Property and equipment, net 855,528 667,483
Prepaid royalties 3,059 3,355
Goodwill 2,941 2,941
Other assets 897 3,306
Total assets 1,092,493 891,982
Current liabilities    
Accounts payable 24,824 34,149
Accrued compensation and benefits 19,697 17,895
Accrued liabilities 21,163 13,846
Income taxes payable 2,734 29
Student deposits 85,881 76,742
Deferred revenue 40,739 37,876
Due to related parties 120 675
Current portion of capital lease obligations   697
Current portion of notes payable 31,636 6,625
Total current liabilities 226,794 188,534
Capital lease obligations, less current portion   788
Other noncurrent liabilities 1,689 4,302
Deferred income taxes, non-current 23,708 14,855
Notes payable, less current portion 66,616 73,252
Total liabilities 318,807 281,731
Commitments and contingencies
Stockholders' equity    
Preferred stock, $0.01 par value, 10,000 shares authorized; 0 shares issued and outstanding at December 31, 2016 and 2015
Common stock, $0.01 par value, 100,000 shares authorized; 51,509 and 50,288 shares issued and 47,559 and 46,877 shares outstanding at December 31, 2016 and 2015, respectively 515 503
Treasury stock, at cost, 3,950 and 3,411 shares of common stock at December 31, 2016 and 2015, respectively (89,394) (69,332)
Additional paid-in capital 212,559 177,167
Accumulated other comprehensive loss (910) (489)
Retained earnings 650,916 502,402
Total stockholders' equity 773,686 610,251
Total liabilities and stockholders' equity $ 1,092,493 $ 891,982