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Consolidated Balance Sheets (USD $)
In Thousands, unless otherwise specified
Jun. 30, 2012
Dec. 31, 2011
CURRENT ASSETS:    
Cash and cash equivalents $ 209,312 $ 280,592
Short-term investments 160,616 160,607
Total cash and cash equivalents and short-term investments 369,928 441,199
Student receivables, net of allowance for doubtful accounts of $37,612 and $43,891 as of June 30, 2012 and December 31, 2011, respectively 55,582 60,573
Receivables, other, net 2,086 2,914
Prepaid expenses 73,242 62,399
Inventories 10,003 11,356
Deferred income tax assets, net 10,940 10,940
Other current assets 6,179 17,769
Assets of discontinued operations 3,282 3,328
Total current assets 531,242 610,478
NON-CURRENT ASSETS:    
Property and equipment, net 327,260 349,788
Goodwill 130,885 212,626
Intangible assets, net 74,633 77,186
Student receivables, net of allowance for doubtful accounts of $16,075 and $21,062 as of June 30, 2012 and December 31, 2011, respectively 8,322 9,297
Deferred income tax assets, net 9,525 9,522
Other assets, net 40,242 30,122
Assets of discontinued operations 16,981 17,101
TOTAL ASSETS 1,139,090 [1] 1,316,120 [1]
CURRENT LIABILITIES:    
Current maturities of capital lease obligations 399 844
Accounts payable 38,380 48,408
Accrued expenses:    
Payroll and related benefits 41,520 41,853
Advertising and production costs 23,680 17,717
Other 50,557 67,271
Deferred tuition revenue 104,557 144,947
Liabilities of discontinued operations 11,072 8,403
Total current liabilities 270,165 329,443
NON-CURRENT LIABILITIES:    
Capital lease obligations, net of current maturities   207
Deferred rent obligations 99,498 102,079
Other liabilities 36,847 40,365
Liabilities of discontinued operations 30,143 37,935
Total non-current liabilities 166,488 180,586
SHARE-BASED AWARDS SUBJECT TO REDEMPTION 104 110
STOCKHOLDERS' EQUITY:    
Preferred stock, $0.01 par value; 1,000,000 shares authorized; none issued or outstanding      
Common stock, $0.01 par value; 300,000,000 shares authorized; 81,718,240 and 81,966,793 shares issued, 67,175,342 and 73,621,548 shares outstanding as of June 30, 2012 and December 31, 2011, respectively 817 820
Additional paid-in capital 597,586 590,965
Accumulated other comprehensive loss (9,552) (5,136)
Retained earnings 327,456 375,607
Cost of 14,542,898 and 8,345,245 shares in treasury as of June 30, 2012 and December 31, 2011, respectively (213,974) (156,275)
Total stockholders' equity 702,333 805,981
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY $ 1,139,090 $ 1,316,120
[1] Total assets do not include the following intercompany activity: receivable or payable activity between schools and corporate and investments in subsidiaries.