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Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Sep. 30, 2017
Dec. 31, 2016
Current assets    
Cash and cash equivalents $ 180,142 $ 45,976
Restricted cash and cash equivalents 75,604 84,931
Investments 89,609 62,596
Accounts receivable, net 12,243 9,999
Income tax receivable 4,546 4,686
Other current assets 24,702 21,880
Total current assets 386,846 230,068
Property and equipment, net 897,540 855,528
Prepaid royalties 2,837 3,059
Goodwill 2,941 2,941
Other assets 766 897
Total assets 1,290,930 1,092,493
Current liabilities    
Accounts payable 27,523 24,824
Accrued compensation and benefits 24,377 19,697
Accrued liabilities 23,184 21,283
Income taxes payable 10,750 2,734
Student deposits 76,111 85,881
Deferred revenue 116,438 40,739
Current portion of notes payable 6,680 31,636
Total current liabilities 285,063 226,794
Other noncurrent liabilities 1,341 1,689
Deferred income taxes, noncurrent 27,209 23,708
Notes payable, less current portion 61,596 66,616
Total liabilities 375,209 318,807
Commitments and contingencies
Stockholders' equity    
Preferred stock, $0.01 par value, 10,000 shares authorized; 0 shares issued and outstanding at September 30, 2017 and December 31, 2016
Common stock, $0.01 par value, 100,000 shares authorized; 52,238 and 51,509 shares issued and 48,120 and 47,559 shares outstanding at September 30, 2017 and December 31, 2016, respectively 522 515
Treasury stock, at cost, 4,118 and 3,950 shares of common stock at September 30, 2017 and December 31, 2016, respectively (99,051) (89,394)
Additional paid-in capital 228,928 212,559
Accumulated other comprehensive loss (598) (910)
Retained earnings 785,920 650,916
Total stockholders' equity 915,721 773,686
Total liabilities and stockholders' equity $ 1,290,930 $ 1,092,493