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CONSOLIDATED BALANCE SHEETS (USD $)
In Thousands, unless otherwise specified
Mar. 31, 2013
Dec. 31, 2012
CURRENT ASSETS:    
Cash and cash equivalents, unrestricted $ 223,816 $ 240,559
Restricted cash 11,408 97,878
Short-term investments 63,951 63,876
Total cash and cash equivalents and short-term investments 299,175 402,313
Student receivables, net of allowance for doubtful accounts of $31,691 and $35,176 as of March 31, 2013 and December 31, 2012, respectively 50,420 68,885
Receivables, other, net 4,413 3,845
Prepaid expenses 57,710 44,386
Inventories 7,500 8,514
Deferred income tax assets, net 7,125 7,092
Other current assets 6,845 4,422
Assets of discontinued operations 3,716 4,104
Total current assets 436,904 543,561
NON-CURRENT ASSETS:    
Property and equipment, net 259,121 277,416
Goodwill 131,725 133,025
Intangible assets, net 61,127 61,670
Student receivables, net of allowance for doubtful accounts of $10,115 and $11,982 as of March 31, 2013 and December 31, 2012, respectively 6,652 6,832
Deferred income tax assets, net 48,128 47,900
Other assets, net 32,324 33,331
Assets of discontinued operations 18,643 18,968
TOTAL ASSETS 994,624 1,122,703
CURRENT LIABILITIES:    
Short-term borrowings and current maturities of capital lease obligations 103 80,211
Accounts payable 42,601 38,419
Accrued expenses:    
Payroll and related benefits 46,124 46,586
Advertising and production costs 20,634 20,963
Other 41,171 44,630
Deferred tuition revenue 83,718 112,018
Liabilities of discontinued operations 12,306 9,888
Total current liabilities 246,657 352,715
NON-CURRENT LIABILITIES:    
Deferred rent obligations 93,260 95,146
Other liabilities 30,057 29,853
Liabilities of discontinued operations 28,178 33,199
Total non-current liabilities 151,495 158,198
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; 81,751,897 and 81,616,987 shares issued, 67,049,422 and 67,069,734 shares outstanding as of March 31, 2013 and December 31, 2012, respectively 818 816
Additional paid-in capital 598,903 596,826
Accumulated other comprehensive loss (6,527) (4,785)
Retained earnings 217,718 232,921
Cost of 14,702,475 and 14,547,253 shares in treasury as of March 31, 2013 and December 31, 2012, respectively (214,440) (213,988)
Total stockholders' equity 596,472 611,790
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY $ 994,624 $ 1,122,703