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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 $ 150,471 $ 94,760
Tuition receivable, net 15,712 15,842
Other current assets 16,497 16,738
Total current assets 182,680 127,340
Property and equipment, net 84,403 94,421
Deferred income taxes 15,209 17,129
Goodwill 6,800 6,800
Other assets 6,392 8,576
Total assets 295,484 254,266
Current liabilities:    
Accounts payable and accrued expenses 47,713 38,527
Income taxes payable 1,040 2,569
Deferred revenue 4,258 656
Other current liabilities 281 281
Current portion of term loan 5,469 3,125
Total current liabilities 58,761 45,158
Term loan, less current portion 114,063 118,750
Other long-term liabilities 44,942 51,456
Total liabilities 217,766 215,364
Commitments and contingencies      
Stockholders' equity:    
Common stock, par value $0.01; 20,000,000 shares authorized; 10,797,464 and 10,903,341 shares issued and outstanding at December 31, 2013 and September 30, 2014, respectively 109 108
Additional paid-in capital 12,383 7,137
Retained earnings 65,042 31,629
Accumulated other comprehensive income 184 28
Total stockholders' equity 77,718 38,902
Total liabilities and stockholders' equity $ 295,484 $ 254,266