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Consolidated Balance Sheets (USD $)
In Thousands, unless otherwise specified
Dec. 31, 2012
Dec. 31, 2011
Current assets:    
Cash and cash equivalents $ 47,517 $ 57,137
Tuition receivable, net of allowances for doubtful accounts of $7,279 and $6,596 at December 31, 2011 and 2012, respectively 23,262 25,006
Income taxes receivable 4,454 394
Other current assets 14,422 12,131
Total current assets 89,655 94,668
Property and equipment, net 121,520 121,149
Deferred income taxes 3,279 3,326
Goodwill 6,800 6,800
Other assets 6,538 5,190
Total assets 227,792 231,133
Current liabilities:    
Accounts payable and accrued expenses 39,124 34,039
Unearned tuition 494 15,364
Other current liabilities 281 281
Current portion of term loan 3,125 27,500
Total current liabilities 43,024 77,184
Revolving credit facility    20,000
Term loan, less current portion 121,875 70,000
Other long-term liabilities 21,905 21,656
Total liabilities 186,804 188,840
Commitments and contingencies      
Stockholders’ equity:    
Common stock, par value $.01; 20,000,000 shares authorized; 11,792,456 and 11,387,299 shares issued and outstanding at December 31, 2011 and 2012, respectively 114 118
Additional paid-in capital 299 295
Retained earnings 41,311 42,491
Accumulated other comprehensive income (loss) (736) (611)
Total stockholders’ equity 40,988 42,293
Total liabilities and stockholders’ equity $ 227,792 $ 231,133