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Unaudited Condensed Consolidated Balance Sheets (USD $)
In Thousands, unless otherwise specified
Sep. 30, 2014
Dec. 31, 2013
CURRENT ASSETS:    
Cash and cash equivalents, unrestricted $ 126,926 $ 318,468
Restricted cash 13,238 12,564
Short-term investments 110,734 31,592
Total cash and cash equivalents and short-term investments 250,898 362,624
Student receivables, net of allowance for doubtful accounts of $18,816 and $20,724 as of September 30, 2014 and December 31, 2013, respectively 32,463 33,530
Receivables, other, net 18,516 27,336
Prepaid expenses 20,297 19,649
Inventories 5,192 6,586
Deferred income tax assets, net 3,606 3,606
Other current assets 4,719 3,445
Assets of discontinued operations 604 3,241
Total current assets 336,295 460,017
NON-CURRENT ASSETS:    
Property and equipment, net 138,248 179,835
Goodwill 87,356 87,356
Intangible assets, net 29,062 40,117
Student receivables, net of allowance for doubtful accounts of $4,914 and $6,852 as of September 30, 2014 and December 31, 2013, respectively 4,235 5,179
Deferred income tax assets, net 10,644 10,644
Other assets, net 17,167 17,834
Assets of discontinued operations 1,029 4,063
TOTAL ASSETS 624,036 [1] 805,045
CURRENT LIABILITIES:    
Accounts payable 29,660 24,477
Accrued expenses:    
Payroll and related benefits 34,035 34,160
Advertising and production costs 25,472 17,585
Income taxes 1,506 14,994
Other 26,722 40,609
Deferred tuition revenue 60,241 59,967
Liabilities of discontinued operations 16,014 15,640
Total current liabilities 193,650 207,432
NON-CURRENT LIABILITIES:    
Deferred rent obligations 70,578 77,280
Other liabilities 25,695 27,553
Liabilities of discontinued operations 28,429 37,396
Total non-current liabilities 124,702 142,229
STOCKHOLDERS' EQUITY:    
Preferred stock, $0.01 par value; 1,000,000 shares authorized; none issued or outstanding 0 0
Common stock, $0.01 par value; 300,000,000 shares authorized; 82,094,031 and 81,889,907 shares issued, 67,278,710 and 67,170,522 shares outstanding as of September 30, 2014 and December 31, 2013, respectively 821 819
Additional paid-in capital 604,789 600,904
Accumulated other comprehensive loss (746) (503)
Retained (deficit) earnings (84,017) 68,658
Cost of 14,815,321 and 14,719,385 shares in treasury as of September 30, 2014 and December 31, 2013, respectively (215,163) (214,494)
Total stockholders' equity 305,684 455,384
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY $ 624,036 $ 805,045
[1] Total assets do not include intercompany receivable or payable activity between campuses and corporate and investments in subsidiaries.