v2.4.0.8
CONSOLIDATED STATEMENTS OF CASH FLOWS (UNAUDITED) (USD $)
In Thousands, unless otherwise specified
 9 Months Ended
Sep. 30, 2013
Sep. 30, 2012
Cash flows from operating activities:    
Net income (loss) $ (1,581) $ 11,777
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities:    
Depreciation and amortization 4,088 3,786
Stock-based compensation 2,161 1,166
Deferred income tax provision (benefit) (2,373) 159
Loss on disposition and impairment of property and equipment 6,461 0
Excess tax shortfall from stock-based compensation 2,103 260
Change in assets and liabilities:    
Accounts receivable and other assets (169) 576
Prepaid program costs and expenses 9,652 526
Accounts payable, accrued expenses, and other current liabilities 4,802 1,653
Participants' deposits (15,888) (20,003)
Net cash provided by (used in) operating activities 9,256 (100)
Cash flows from investing activities:    
Purchase of available-for-sale securities (27,297) (70,333)
Proceeds from sale of available-for-sale securities 22,931 63,277
Purchase of property and equipment (2,413) (4,589)
Purchase of intangibles (251) (418)
Net cash used in investing activities (7,030) (12,063)
Cash flows from financing activities:    
Repurchase of Common Stock (486) 0
Dividend payment to shareholders (1,017) (3,166)
Proceeds from exercise of stock options 5 0
Excess tax shortfall from stock-based compensation (2,103) (260)
Net cash used in financing activities (3,601) (3,426)
Net decrease in cash and cash equivalents (1,375) (15,589)
Cash and cash equivalents, beginning of period 6,150 19,519
Cash and cash equivalents, end of period $ 4,775 $ 3,930