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Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2018
Dec. 31, 2017
Current assets    
Cash and cash equivalents $ 221,632 $ 153,474
Restricted cash and cash equivalents   94,534
Investments 76,522 89,271
Assets held for sale 974,353  
Accounts receivable, net   10,908
Income tax receivable 315 2,086
Other current assets 8,748 24,589
Total current assets 1,281,570 374,862
Property and equipment, net 112,185 922,284
Prepaid royalties 2,615 2,763
Goodwill 2,941 2,941
Other assets 657 723
Total assets 1,399,968 1,303,573
Current liabilities    
Accounts payable 35,444 29,139
Accrued compensation and benefits 23,634 23,173
Accrued liabilities 18,995 20,757
Income taxes payable 46 16,182
Liabilities held for sale 139,140  
Student deposits   95,298
Deferred revenue   46,895
Current portion of notes payable 6,572 6,691
Total current liabilities 223,831 238,135
Other noncurrent liabilities   1,200
Deferred income taxes, noncurrent 19,218 18,362
Notes payable, less current portion 56,619 59,925
Total liabilities 299,668 317,622
Commitments and contingencies
Stockholders' equity    
Preferred stock, $0.01 par value, 10,000 shares authorized; 0 shares issued and outstanding at June 30, 2018 and December 31, 2017
Common stock, $0.01 par value, 100,000 shares authorized; 52,552 and 52,277 shares issued and 48,257 and 48,125 shares outstanding at June 30, 2018 and December 31, 2017, respectively 526 523
Treasury stock, at cost, 4,295 and 4,152 shares of common stock at June 30, 2018 and December 31, 2017, respectively (113,757) (100,694)
Additional paid-in capital 241,169 232,670
Accumulated other comprehensive loss (515) (724)
Retained earnings 972,877 854,176
Total stockholders' equity 1,100,300 985,951
Total liabilities and stockholders' equity $ 1,399,968 $ 1,303,573