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Unaudited Condensed Consolidated Balance Sheets (USD $)
In Thousands, unless otherwise specified
Sep. 30, 2013
Dec. 31, 2012
Current assets:    
Cash and cash equivalents $ 85,220 $ 47,517
Tuition receivable, net of allowances for doubtful accounts of $6,596 and $5,819 at December 31, 2012 and September 30, 2013, respectively 19,686 23,262
Income taxes receivable 907 4,454
Other current assets 12,503 14,422
Total current assets 118,316 89,655
Property and equipment, net 109,958 121,520
Deferred income taxes 5 3,279
Goodwill 6,800 6,800
Other assets 5,872 6,538
Total assets 240,951 227,792
Current liabilities:    
Accounts payable and accrued expenses 39,058 39,124
Unearned tuition 585 494
Other current liabilities 281 281
Current portion of term loan 3,125 3,125
Total current liabilities 43,049 43,024
Term loan, less current portion 119,531 121,875
Other long-term liabilities 21,406 21,905
Total liabilities 183,986 186,804
Commitments and contingencies      
Stockholders' equity:    
Common stock, par value $0.01; 20,000,000 shares authorized; 11,387,299 and 10,852,020 shares issued and outstanding at December 31, 2012 and September 30, 2013, respectively 109 114
Additional paid-in capital 6,289 299
Retained earnings 50,586 41,311
Accumulated other comprehensive income (loss) (19) (736)
Total stockholders' equity 56,965 40,988
Total liabilities and stockholders' equity $ 240,951 $ 227,792