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Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2018
Dec. 31, 2017
Current assets    
Cash and cash equivalents $ 242,846 $ 153,474
Restricted cash and cash equivalents 72,816 94,534
Investments 91,910 89,271
Accounts receivable, net 9,469 10,908
Income tax receivable 1,329 2,086
Other current assets 16,994 24,589
Total current assets 435,364 374,862
Property and equipment, net 950,156 922,284
Prepaid royalties 2,689 2,763
Goodwill 2,941 2,941
Other assets 833 723
Total assets 1,391,983 1,303,573
Current liabilities    
Accounts payable 36,100 29,139
Accrued compensation and benefits 25,013 23,173
Accrued liabilities 26,571 20,757
Income taxes payable 30,234 16,182
Student deposits 72,948 95,298
Deferred revenue 64,130 46,895
Current portion of notes payable 6,670 6,691
Total current liabilities 261,666 238,135
Other noncurrent liabilities 1,131 1,200
Deferred income taxes, noncurrent 19,900 18,362
Notes payable, less current portion 58,274 59,925
Total liabilities 340,971 317,622
Commitments and contingencies
Stockholders' equity    
Preferred stock, $0.01 par value, 10,000 shares authorized; 0 shares issued and outstanding at March 31, 2018 and December 31, 2017
Common stock, $0.01 par value, 100,000 shares authorized; 52,496 and 52,277 shares issued and 48,217 and 48,125 shares outstanding at March 31, 2018 and December 31, 2017, respectively 525 523
Treasury stock, at cost, 4,279 and 4,152 shares of common stock at March 31, 2018 and December 31, 2017, respectively (112,726) (100,694)
Additional paid-in capital 237,056 232,670
Accumulated other comprehensive loss (526) (724)
Retained earnings 926,683 854,176
Total stockholders' equity 1,051,012 985,951
Total liabilities and stockholders' equity $ 1,391,983 $ 1,303,573