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Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2018
Dec. 31, 2017
Current assets    
Cash and cash equivalents $ 44,879 $ 153,474
Restricted cash and cash equivalents 61,667 94,534
Investments 68,754 89,271
Accounts receivable, net 65,120 10,908
Interest receivable on secured note 4,381  
Income tax receivable 1,791 2,086
Other current assets 8,607 24,589
Total current assets 255,199 374,862
Property and equipment, net 110,908 922,284
Note receivable 882,900  
Prepaid royalties   2,763
Goodwill 2,941 2,941
Other assets 743 723
Total assets 1,252,691 1,303,573
Current liabilities    
Accounts payable 16,996 29,139
Accrued compensation and benefits 17,857 23,173
Accrued liabilities 13,511 20,757
Income taxes payable   16,182
Student deposits   95,298
Deferred revenue   46,895
Current portion of notes payable 6,572 6,691
Total current liabilities 54,936 238,135
Other noncurrent liabilities   1,200
Deferred income taxes, noncurrent 4,421 18,362
Notes payable, less current portion 54,976 59,925
Total liabilities 114,333 317,622
Commitments and contingencies
Stockholders' equity    
Preferred stock, $0.01 par value, 10,000 shares authorized; 0 shares issued and outstanding at September 30, 2018 and December 31, 2017
Common stock, $0.01 par value, 100,000 shares authorized; 52,570 and 52,277 shares issued and 48,134 and 48,125 shares outstanding at September 30, 2018 and December 31, 2017, respectively 526 523
Treasury stock, at cost, 4,436 and 4,152 shares of common stock at September 30, 2018 and December 31, 2017, respectively (119,982) (100,694)
Additional paid-in capital 251,828 232,670
Accumulated other comprehensive loss (652) (724)
Retained earnings 1,006,638 854,176
Total stockholders' equity 1,138,358 985,951
Total liabilities and stockholders' equity $ 1,252,691 $ 1,303,573