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Consolidated Balance Sheets (USD $)
In Thousands, unless otherwise specified
Sep. 30, 2012
Dec. 31, 2011
CURRENT ASSETS:    
Cash and cash equivalents $ 242,828 $ 280,592
Short-term investments 130,495 160,607
Total cash and cash equivalents and short-term investments 373,323 441,199
Student receivables, net of allowance for doubtful accounts of $35,180 and $43,891 as of September 30, 2012 and December 31, 2011, respectively 65,021 60,573
Student receivables held for sale 1,019  
Receivables, other, net 1,672 2,914
Prepaid expenses 75,183 62,399
Inventories 9,157 11,356
Deferred income tax assets, net 10,940 10,940
Other current assets 5,214 17,769
Assets of discontinued operations 3,441 3,328
Total current assets 544,970 610,478
NON-CURRENT ASSETS:    
Property and equipment, net 317,484 349,788
Goodwill 131,862 212,626
Intangible assets, net 74,032 77,186
Student receivables, net of allowance for doubtful accounts of $14,291 and $21,062 as of September 30, 2012 and December 31, 2011, respectively 8,016 9,297
Deferred income tax assets, net 9,452 9,522
Other assets, net 42,293 30,122
Assets of discontinued operations 16,920 17,101
TOTAL ASSETS 1,145,029 [1] 1,316,120 [1]
CURRENT LIABILITIES:    
Current maturities of capital lease obligations 306 844
Accounts payable 53,237 48,408
Accrued expenses:    
Payroll and related benefits 39,359 41,853
Advertising and production costs 20,993 17,717
Other 48,542 67,271
Deferred tuition revenue 135,483 144,947
Liabilities of discontinued operations 12,843 8,403
Total current liabilities 310,763 329,443
NON-CURRENT LIABILITIES:    
Capital lease obligations, net of current maturities   207
Deferred rent obligations 97,766 102,079
Other liabilities 35,894 40,365
Liabilities of discontinued operations 28,842 37,935
Total non-current liabilities 162,502 180,586
SHARE-BASED AWARDS SUBJECT TO REDEMPTION 99 110
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; 81,563,011 and 81,966,793 shares issued, 67,016,636 and 73,621,548 shares outstanding as of September 30, 2012 and December 31, 2011, respectively 816 820
Additional paid-in capital 599,534 590,965
Accumulated other comprehensive loss (9,015) (5,136)
Retained earnings 294,315 375,607
Cost of 14,546,375 and 8,345,245 shares in treasury as of September 30, 2012 and December 31, 2011, respectively (213,985) (156,275)
Total stockholders' equity 671,665 805,981
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY $ 1,145,029 $ 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