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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2015
Dec. 31, 2014
Dec. 31, 2013
Cash flows provided by operating activities:      
Net income $ 131,411 $ 111,466 $ 88,711
Adjustments to reconcile net income to net cash provided by operating activities:      
Share-based compensation 11,257 9,945 9,936
Excess tax benefits from share-based compensation (3,636) (7,637) (4,469)
Provision for bad debts 16,620 15,045 19,897
Depreciation and amortization 35,675 29,473 25,437
Loss (gain) on note receivable 958   (3,646)
Loss on asset disposal and fixed asset impairments 2,755 2,475  
Deferred income taxes 4,576 2,651 5,472
Prepaid royalty impairment   966  
Changes in assets and liabilities:      
Restricted cash, cash equivalents and investments (7,544) (3,472) (8,404)
Accounts receivable (17,313) (15,433) (19,163)
Prepaid expenses and other (2,351) 81 (7,316)
Due to/from related parties 272 (51) (69)
Accounts payable 5,002 (2,448) 8,563
Accrued liabilities (5,772) 2,991 (1,756)
Income taxes receivable/payable (4,965) 16,378 (7,769)
Deferred rent (1,211) (2,298) (204)
Deferred revenue 1,008 4,052 4,202
Student deposits 7,158 2,812 9,027
Net cash provided by operating activities 173,900 166,996 118,449
Cash flows used in investing activities:      
Capital expenditures (204,718) (168,646) (78,948)
Purchases of land, building and golf course improvements related to off-site development (13,583)   (14,542)
Proceeds received from note receivable     29,187
Restricted funds held for derivative collateral and legal matter     225
Purchases of investments (48,122) (114,919) (168,953)
Proceeds from sale or maturity of investments 65,542 122,555 60,533
Net cash used in investing activities (200,881) (161,010) (172,498)
Cash flows (used in) provided by financing activities:      
Principal payments on notes payable and capital lease obligations (6,784) (6,696) (6,689)
Repurchase of common shares including shares withheld in lieu of income taxes (15,562) (5,338) (9,296)
Net proceeds from exercise of stock options 3,489 7,825 16,278
Excess tax benefits from share-based compensation 3,636 7,637 4,469
Net cash (used in) provided by financing activities (15,221) 3,428 4,762
Net (decrease) increase in cash and cash equivalents (42,202) 9,414 (49,287)
Cash and cash equivalents, beginning of year 65,238 55,824 105,111
Cash and cash equivalents, end of year 23,036 65,238 55,824
Supplemental disclosure of cash flow information      
Cash paid during the year for interest 1,244 1,793 2,176
Cash paid during the year for income taxes 75,587 48,835 59,892
Cash received for income tax refunds 4 385 728
Supplemental disclosure of non-cash investing and financing activities      
Purchases of property and equipment included in accounts payable 13,277 5,845 1,494
Purchases of equipment though capital lease obligations 1,156    
Shortfall tax expense from share-based compensation 26 16 209
Tax benefit of Spirit warrant intangible $ 253 $ 260 $ 267