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Unaudited Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2015
Dec. 31, 2014
Current assets:    
Cash and cash equivalents $ 86,917 $ 162,283
Tuition receivable, net 17,064 16,942
Other current assets 15,745 17,426
Total current assets 119,726 196,651
Property and equipment, net 78,589 82,266
Deferred income taxes 19,471 16,241
Goodwill 6,800 6,800
Other assets 5,687 5,857
Total assets 230,273 307,815
Current liabilities:    
Accounts payable and accrued expenses 44,459 43,836
Income taxes payable 1,054 1,286
Deferred revenue 11,741 4,682
Other current liabilities $ 281 281
Current portion of term loan 6,250
Total current liabilities $ 57,535 56,335
Term loan, less current portion 112,500
Other long-term liabilities $ 45,561 46,248
Total liabilities $ 103,096 $ 215,083
Commitments and contingencies
Stockholders' equity:    
Common stock, par value $0.01; 20,000,000 shares authorized; 10,903,341 and 11,028,265 shares issued and outstanding at December 31, 2014 and September 30, 2015, respectively $ 110 $ 109
Additional paid-in capital 22,100 14,550
Retained earnings $ 104,967 77,985
Accumulated other comprehensive income 88
Total stockholders' equity $ 127,177 92,732
Total liabilities and stockholders' equity $ 230,273 $ 307,815