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Consolidated Statements of Cash Flows (Unaudited) (USD $)
In Thousands
9 Months Ended
Sep. 30, 2011
Sep. 30, 2010
Cash flows provided by operating activities:  
Net income$ 35,222$ 28,956
Adjustments to reconcile net income to net cash provided by operating activities:  
Share-based compensation4,7973,685
Excess tax benefits from share-based compensation (675)
Amortization of debt issuance costs4248
Provision for bad debts27,90329,283
Depreciation and amortization12,0548,551
Lease termination fee922 
Non-capitalizable system conversion costs 4,013
Litigation settlement(5,200) 
Exit costs(64)(545)
Deferred income taxes10,185(9,461)
Other (67)
Changes in assets and liabilities:  
Accounts receivable(26,253)(39,080)
Prepaid expenses and other(4,577)(4,260)
Due to/from related parties(9,882)3,584
Accounts payable1,7575,317
Accrued liabilities and employee related liabilities(4,208)5,949
Income taxes receivable/payable348(223)
Deferred rent3,123682
Deferred revenue19,71210,009
Student deposits(390)34,768
Net cash provided by operating activities65,49180,534
Cash flows used in investing activities:  
Capital expenditures(61,515)(39,595)
Change in restricted cash and cash equivalents5,206(52,603)
Proceeds from sale or maturity of investments 487
Net cash used in investing activities(56,309)(91,711)
Cash flows used in financing activities:  
Principal payments on notes payable and capital lease obligations(2,856)(2,209)
Debt issuance costs(70) 
Repurchase of common shares(22,371)(782)
Excess tax benefits from share-based compensation 675
Net proceeds from exercise of stock options1,4771,393
Net cash used in financing activities(23,820)(923)
Net decrease in cash and cash equivalents(14,638)(12,100)
Cash and cash equivalents, beginning of period33,63762,571
Cash and cash equivalents, end of period18,99950,471
Supplemental disclosure of cash flow information  
Cash paid for interest315533
Cash paid for income taxes12,79029,528
Supplemental disclosure of non-cash investing and financing activities  
Purchases of property and equipment included in accounts payable4,8277,580
Purchase of equipment through capital lease obligations801625
Tax benefit of Spirit warrant intangible194160
Shortfall tax expense from share-based compensation$ 117