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Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2016
Dec. 31, 2015
Current assets    
Cash and cash equivalents $ 75,143 $ 23,036
Restricted cash, cash equivalents and investments 69,328 75,384
Investments 49,654 83,364
Accounts receivable, net 10,362 8,298
Income tax receivable 5,923 3,952
Other current assets 21,713 20,863
Total current assets 232,123 214,897
Property and equipment, net 832,665 667,483
Prepaid royalties 3,133 3,355
Goodwill 2,941 2,941
Other assets 1,404 3,306
Total assets 1,072,266 891,982
Current liabilities    
Accounts payable 28,851 34,149
Accrued compensation and benefits 22,653 17,895
Accrued liabilities 20,707 13,846
Income taxes payable 19 29
Student deposits 70,168 76,742
Deferred revenue 104,694 37,876
Due to related parties 183 675
Current portion of capital lease obligations 160 697
Current portion of notes payable 18,633 6,625
Total current liabilities 266,068 188,534
Capital lease obligations, less current portion 300 788
Other noncurrent liabilities 3,512 4,302
Deferred income taxes, noncurrent 17,321 14,855
Notes payable, less current portion 68,276 73,252
Total liabilities 355,477 281,731
Commitments and contingencies
Stockholders' equity    
Preferred stock, $0.01 par value, 10,000 shares authorized; 0 shares issued and outstanding at September 30, 2016 and December 31, 2015
Common stock, $0.01 par value, 100,000 shares authorized; 51,275 and 50,288 shares issued and 47,328 and 46,877 shares outstanding at September 30, 2016 and December 31, 2015, respectively 513 503
Treasury stock, at cost, 3,947 and 3,411 shares of common stock at September 30, 2016 and December 31, 2015, respectively (89,341) (69,332)
Additional paid-in capital 203,503 177,167
Accumulated other comprehensive loss (823) (489)
Retained earnings 602,937 502,402
Total stockholders' equity 716,789 610,251
Total liabilities and stockholders' equity $ 1,072,266 $ 891,982