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Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2016
Dec. 31, 2015
Current assets    
Cash and cash equivalents $ 44,554 $ 23,036
Restricted cash, cash equivalents and investments 70,840 75,384
Investments 49,440 83,364
Accounts receivable, net 9,080 8,298
Income tax receivable 8,492 3,952
Other current assets 17,806 20,863
Total current assets 200,212 214,897
Property and equipment, net 794,037 667,483
Prepaid royalties 3,207 3,355
Goodwill 2,941 2,941
Other assets 4,556 3,306
Total assets 1,004,953 891,982
Current liabilities    
Accounts payable 39,284 34,149
Accrued compensation and benefits 26,819 17,895
Accrued liabilities 16,895 13,846
Income taxes payable 50 29
Student deposits 70,865 76,742
Deferred revenue 47,220 37,876
Due to related parties 183 675
Current portion of capital lease obligations 160 697
Current portion of notes payable 31,630 6,625
Total current liabilities 233,106 188,534
Capital lease obligations, less current portion 340 788
Other noncurrent liabilities 3,767 4,302
Deferred income taxes, noncurrent 17,522 14,855
Notes payable, less current portion 69,935 73,252
Total liabilities 324,670 281,731
Commitments and contingencies
Stockholders' equity    
Preferred stock, $0.01 par value, 10,000 shares authorized; 0 shares issued and outstanding at June 30, 2016 and December 31, 2015
Common stock, $0.01 par value, 100,000 shares authorized; 51,055 and 50,288 shares issued and 47,133 and 46,877 shares outstanding at June 30, 2016 and December 31, 2015, respectively 511 503
Treasury stock, at cost, 3,922 and 3,411 shares of common stock at June 30, 2016 and December 31, 2015, respectively (88,559) (69,332)
Additional paid-in capital 195,316 177,167
Accumulated other comprehensive loss (678) (489)
Retained earnings 573,693 502,402
Total stockholders' equity 680,283 610,251
Total liabilities and stockholders' equity $ 1,004,953 $ 891,982