v2.4.0.8
CONSOLIDATED BALANCE SHEETS (UNAUDITED) (USD $)
In Thousands, unless otherwise specified
Jun. 30, 2013
Dec. 31, 2012
Current assets:    
Cash and cash equivalents $ 4,494 $ 6,150
Available-for-sale securities and other 51,358 32,122
Foreign currency exchange contracts 0 837
Prepaid program costs and expenses 26,354 17,217
Accounts receivable 905 850
Deferred tax assets 583 221
Total current assets 83,694 57,397
Property and equipment, net 25,656 26,344
Available-for-sale securities 716 723
Intangibles 3,540 3,565
Goodwill 9,781 9,781
Other long-term assets 83 85
Total assets 123,470 97,895
Current liabilities:    
Accounts payable and accrued expenses 6,668 4,238
Participants' deposits 47,785 25,735
Foreign currency exchange contracts 358 0
Other liabilities 77 111
Total current liabilities 54,888 30,084
Participants' deposits 1,673 0
Foreign currency exchange contracts 53 0
Deferred tax liabilities 4,333 2,688
Total liabilities 60,947 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; 16,986,843 and 17,047,470 shares issued and outstanding, respectively 170 170
Retained earnings 62,986 64,589
Accumulated other comprehensive gain (loss) (633) 364
Stockholders' equity 62,523 65,123
Total liabilities and stockholders' equity $ 123,470 $ 97,895