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CONSOLIDATED BALANCE SHEETS (USD $)
In Thousands, unless otherwise specified
Sep. 30, 2013
Dec. 31, 2012
CURRENT ASSETS:    
Cash and cash equivalents, unrestricted $ 30,924 $ 112,880
Restricted cash 12,564 97,878
Short-term investments 52,210 63,876
Total cash and cash equivalents and short-term investments 95,698 274,634
Student receivables, net of allowance for doubtful accounts of $23,172 and $28,172 as of September 30, 2013 and December 31, 2012, respectively 41,694 54,935
Receivables, other, net 39,845 2,096
Prepaid expenses 112,836 38,296
Inventories 7,146 8,437
Deferred income tax assets, net   7,095
Other current assets 5,885 4,393
Assets of discontinued operations 254,097 153,675
Total current assets 557,201 543,561
NON-CURRENT ASSETS:    
Property and equipment, net 202,125 247,976
Goodwill 87,356 87,356
Intangible assets, net 40,387 56,006
Student receivables, net of allowance for doubtful accounts of $8,071 and $11,982 as of September 30, 2013 and December 31, 2012, respectively 5,552 6,832
Deferred income tax assets, net 47,932 47,703
Other assets, net 25,916 30,276
Assets of discontinued operations 18,714 102,993
TOTAL ASSETS 985,183 1,122,703
CURRENT LIABILITIES:    
Short-term borrowings   80,000
Accounts payable 33,723 32,094
Accrued expenses:    
Payroll and related benefits 37,285 38,772
Advertising and production costs 25,733 20,963
Other 61,383 35,060
Deferred tuition revenue 69,051 69,806
Deferred income tax liabilities, net 32,752  
Liabilities of discontinued operations 95,975 76,020
Total current liabilities 355,902 352,715
NON-CURRENT LIABILITIES:    
Deferred rent obligations 85,805 94,072
Other liabilities 29,794 28,648
Liabilities of discontinued operations 22,555 35,478
Total non-current liabilities 138,154 158,198
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; 81,876,758 and 81,616,987 shares issued, 67,158,417 and 67,069,734 shares outstanding as of September 30, 2013 and December 31, 2012, respectively 819 816
Additional paid-in capital 602,735 596,826
Accumulated other comprehensive income (loss) 2,798 (4,785)
Retained earnings 99,264 232,921
Cost of 14,718,341 and 14,547,253 shares in treasury as of September 30, 2013 and December 31, 2012, respectively (214,489) (213,988)
Total stockholders' equity 491,127 611,790
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY $ 985,183 $ 1,122,703