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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2018
Dec. 31, 2017
Current assets    
Cash and cash equivalents $ 120,346 $ 153,474
Restricted cash and cash equivalents 61,667 94,534
Investments 69,002 89,271
Accounts receivable, net 46,830 10,908
Interest receivable on secured note 4,650  
Income tax receivable 8 2,086
Other current assets 6,963 24,589
Total current assets 309,466 374,862
Property and equipment, net 111,039 922,284
Note receivable 900,093  
Prepaid royalties   2,763
Goodwill 2,941 2,941
Other assets 478 723
Total assets 1,324,017 1,303,573
Current liabilities    
Accounts payable 14,274 29,139
Accrued compensation and benefits 15,427 23,173
Accrued liabilities 8,907 20,757
Income taxes payable 5,442 16,182
Student deposits   95,298
Deferred revenue   46,895
Current portion of notes payable 36,468 6,691
Total current liabilities 80,518 238,135
Other noncurrent liabilities   1,200
Deferred income taxes, noncurrent 6,465 18,362
Notes payable, less current portion 23,437 59,925
Total liabilities 110,420 317,622
Commitments and contingencies
Stockholders' equity    
Preferred stock, $0.01 par value, 10,000 shares authorized; 0 shares issued and outstanding at December 31, 2018 and 2017
Common stock, $0.01 par value, 100,000 shares authorized; 52,690 and 52,277 shares issued and 48,201 and 48,125 shares outstanding at December 31, 2018 and 2017, respectively 527 523
Treasury stock, at cost, 4,489 and 4,152 shares of common stock at December 31, 2018 and 2017, respectively (125,452) (100,694)
Additional paid-in capital 256,806 232,670
Accumulated other comprehensive loss (453) (724)
Retained earnings 1,082,169 854,176
Total stockholders' equity 1,213,597 985,951
Total liabilities and stockholders' equity $ 1,324,017 $ 1,303,573