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Balance Sheets (USD $)
In Thousands
3 Months Ended12 Months Ended
Mar. 31, 2011
Dec. 31, 2010
Current assets  
Cash and cash equivalents$ 30,243$ 33,637
Restricted cash and cash equivalents49,74052,178
Accounts receivable, net of allowance for doubtful accounts of $31,366 (Restated) and $30,112 at March 31, 2011 and December 31, 2010, respectively13,97217,983
Income taxes receivable2,2138,415
Deferred income taxes16,56316,078
Other current assets4,5784,834
Total current assets117,309133,125
Property and equipment, net140,655123,999
Restricted cash445760
Prepaid royalties6,3966,579
Goodwill2,9412,941
Deferred income taxes2,4872,800
Other assets5,2544,892
Total assets275,487275,096
Current liabilities  
Accounts payable27,07215,693
Accrued compensation and benefits15,14413,633
Accrued liabilities7,4539,477
Accrued litigation loss5,2005,200
Accrued exit costs4064
Income taxes payable1,223829
Student deposits46,12748,873
Deferred revenue19,21815,034
Due to related parties1,95810,346
Current portion of capital lease obligations1,6381,673
Current portion of notes payable1,9572,026
Total current liabilities127,030122,848
Capital lease obligations, less current portion10151
Other noncurrent liabilities2,6792,715
Notes payable, less current portion21,43221,881
Total liabilities151,151147,595
Commitments and contingencies  
Stockholders' equity  
Preferred stock, $0.01 par value, 10,000 shares authorized; 0 shares issued and outstanding at March 31, 2011 and December 31, 2010  
Common stock, $0.01 par value, 100,000 shares authorized; 45,812 and 45,811 shares issued and 44,817 and 45,761 shares outstanding at March 31, 2011 and December 31, 2010, respectively458458
Treasury stock, at cost, 995 and 50 shares of common stock at March 31, 2011 and December 31, 2010, respectively(14,993)(782)
Additional paid-in capital78,96177,449
Accumulated other comprehensive loss(392)(445)
Accumulated earnings60,30250,821
Total stockholders' equity124,336127,501
Total liabilities and stockholders' equity$ 275,487$ 275,096