Consolidated Balance Sheets (USD $) In Thousands, unless otherwise specified	Dec. 31, 2013	Dec. 31, 2012
Current assets:
Cash and cash equivalents	$ 94,760	$ 47,517
Tuition receivable, net	15,842	23,262
Income taxes receivable		4,454
Other current assets	16,738	14,422
Total current assets	127,340	89,655
Property and equipment, net	94,421	121,520
Deferred income taxes	17,129	3,279
Goodwill	6,800	6,800
Other assets	8,576	6,538
Total assets	254,266	227,792
Current liabilities:
Accounts payable and accrued expenses	38,527	39,124
Income taxes payable	2,569
Unearned tuition	656	494
Other current liabilities	281	281
Current portion of term loan	3,125	3,125
Total current liabilities	45,158	43,024
Term loan, less current portion	118,750	121,875
Other long-term liabilities	51,456	21,905
Total liabilities	215,364	186,804
Commitments and contingencies
Stockholders' equity:
Common stock, par value $.01; 20,000,000 shares authorized; 11,387,299 and 10,797,464 shares issued and outstanding at December 31, 2012 and 2013, respectively	108	114
Additional paid-in capital	7,137	299
Retained earnings	31,629	41,311
Accumulated other comprehensive income (loss)	28	(736)
Total stockholders' equity	38,902	40,988
Total liabilities and stockholders' equity	$ 254,266	$ 227,792

Sum of the carrying values as of the balance sheet date of obligations incurred through that date and due within one year (or the operating cycle, if longer), including liabilities incurred (and for which invoices have typically been received) and payable to vendors for goods and services received, taxes, interest, rent and utilities, accrued salaries and bonuses, payroll taxes and fringe benefits.

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