v2.4.0.6
CONSOLIDATED BALANCE SHEETS (UNAUDITED) (USD $)
In Thousands, unless otherwise specified
Mar. 31, 2013
Dec. 31, 2012
Current assets:    
Cash and cash equivalents $ 8,299 $ 6,150
Available-for-sale securities and other 47,634 32,122
Foreign currency exchange contracts 79 837
Prepaid program costs and expenses 26,361 17,217
Accounts receivable 1,353 850
Deferred tax assets 375 221
Total current assets 84,101 57,397
Property and equipment, net 25,737 26,344
Available-for-sale securities 729 723
Foreign currency exchange contracts 32 0
Deferred tax assets 779 0
Intangibles 3,553 3,565
Goodwill 9,781 9,781
Other long-term assets 82 85
Total assets 124,794 97,895
Current liabilities:    
Accounts payable and accrued expenses 4,954 4,238
Participants' deposits 62,821 25,735
Foreign currency exchange contracts 56 0
Other liabilities 101 111
Total current liabilities 67,932 30,084
Participants' deposits 357 0
Deferred tax liabilities 0 2,688
Total liabilities 68,289 32,772
Commitments and Contingencies (Note 10)      
STOCKHOLDERS' EQUITY    
Preferred stock, $.01 par value; 2,000,000 shares authorized; none issued and outstanding 0 0
Common stock, $.01 par value; 50,000,000 shares authorized; 16,948,922 and 17,047,470 shares issued and outstanding, respectively 169 170
Additional paid-in capital 919 0
Retained earnings 55,513 64,589
Accumulated other comprehensive gain (loss) (96) 364
Stockholders' equity 56,505 65,123
Total liabilities and stockholders' equity $ 124,794 $ 97,895