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Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Mar. 31, 2017
Dec. 31, 2016
Current assets    
Cash and cash equivalents $ 88,541 $ 45,976
Restricted cash and cash equivalents 70,342 84,931
Investments 81,557 62,596
Accounts receivable, net 9,026 9,999
Income tax receivable 4,829 4,686
Other current assets 23,627 21,880
Total current assets 277,922 230,068
Property and equipment, net 870,289 855,528
Prepaid royalties 2,985 3,059
Goodwill 2,941 2,941
Other assets 1,123 897
Total assets 1,155,260 1,092,493
Current liabilities    
Accounts payable 24,114 24,824
Accrued compensation and benefits 20,670 19,697
Accrued liabilities 23,704 21,283
Income taxes payable 19,531 2,734
Student deposits 70,716 85,881
Deferred revenue 69,759 40,739
Current portion of notes payable 6,651 31,636
Total current liabilities 235,145 226,794
Other noncurrent liabilities 1,606 1,689
Deferred income taxes, noncurrent 27,043 23,708
Notes payable, less current portion 64,943 66,616
Total liabilities 328,737 318,807
Commitments and contingencies
Stockholders' equity    
Preferred stock, $0.01 par value, 10,000 shares authorized; 0 shares issued and outstanding at March 31, 2017 and December 31, 2016
Common stock, $0.01 par value, 100,000 shares authorized; 51,939 and 51,509 shares issued and 47,829 and 47,559 shares outstanding at March 31, 2017 and December 31, 2016, respectively 519 515
Treasury stock, at cost, 4,110 and 3,950 shares of common stock at March 31, 2017 and December 31, 2016, respectively (98,910) (89,394)
Additional paid-in capital 218,667 212,559
Accumulated other comprehensive loss (522) (910)
Retained earnings 706,769 650,916
Total stockholders' equity 826,523 773,686
Total liabilities and stockholders' equity $ 1,155,260 $ 1,092,493