SIGNIFICANT ACCOUNTING POLICIES (Tables)

12 Months Ended

Dec. 31, 2017

SIGNIFICANT ACCOUNTING POLICIES

Schedule of property, plant and equipment estimated useful life and residual value

Category	Estimated useful life
Buildings	35 years
Furniture, fixture and equipment	5 years
Motor vehicles	5 years
Leasehold improvement and building improvement	Shorter of lease term or economic life

Schedule of net revenues

	Years ended December 31,
	2015	2016	2017
Services:
Tuition fees from kindergartens and play-and-learn centers	62,505	78,268	100,745
Franchise fees	8,743	12,425	13,537
Training and other services	3,567	5,243	7,703
Royalty fees	—	—	884
	74,815	95,936	122,869
Products:
Sale of educational merchandise	8,043	12,577	17,934
Total net revenues	82,858	108,513	140,803