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Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2016
Dec. 31, 2015
Current assets    
Cash and cash equivalents $ 48,793 $ 23,036
Restricted cash, cash equivalents and investments 62,481 75,384
Investments 84,128 83,364
Accounts receivable, net 7,454 8,298
Income tax receivable 3,215 3,952
Other current assets 20,026 20,863
Total current assets 226,097 214,897
Property and equipment, net 725,091 667,483
Prepaid royalties 3,281 3,355
Goodwill 2,941 2,941
Other assets 3,293 3,306
Total assets 960,703 891,982
Current liabilities    
Accounts payable 38,019 34,149
Accrued compensation and benefits 21,648 17,895
Accrued liabilities 17,424 13,846
Income taxes payable 17,913 29
Student deposits 63,137 76,742
Deferred revenue 57,575 37,876
Due to related parties 189 675
Current portion of capital lease obligations 160 697
Current portion of notes payable 6,628 6,625
Total current liabilities 222,693 188,534
Capital lease obligations, less current portion 381 788
Other noncurrent liabilities 4,066 4,302
Deferred income taxes, noncurrent 17,764 14,855
Notes payable, less current portion 71,594 73,252
Total liabilities $ 316,498 $ 281,731
Commitments and contingencies
Stockholders' equity    
Preferred stock, $0.01 par value, 10,000 shares authorized; 0 shares issued and outstanding at March 31, 2016 and December 31, 2015
Common stock, $0.01 par value, 100,000 shares authorized; 50,533 and 50,288 shares issued and 46,614 and 46,877 shares outstanding at March 31, 2016 and December 31, 2015, respectively $ 505 $ 503
Treasury stock, at cost, 3,919 and 3,411 shares of common stock at March 31, 2016 and December 31, 2015, respectively (88,507) (69,332)
Additional paid-in capital 186,828 177,167
Accumulated other comprehensive loss (688) (489)
Retained earnings 546,067 502,402
Total stockholders' equity 644,205 610,251
Total liabilities and stockholders' equity $ 960,703 $ 891,982