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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2015
Dec. 31, 2014
Current assets:    
Cash and cash equivalents $ 106,889 $ 162,283
Tuition receivable, net 18,519 16,942
Other current assets 13,390 17,426
Total current assets 138,798 196,651
Property and equipment, net 77,139 82,266
Deferred income taxes 20,003 16,241
Goodwill 6,800 6,800
Other assets 5,694 5,857
Total assets 248,434 307,815
Current liabilities:    
Accounts payable and accrued expenses 42,253 43,836
Income taxes payable 2,684 1,286
Deferred revenue 12,373 4,682
Other current liabilities $ 281 281
Current portion of debt 6,250
Total current liabilities $ 57,591 56,335
Long term debt 112,500
Other long-term liabilities $ 47,987 46,248
Total liabilities $ 105,578 $ 215,083
Commitments and contingencies
Stockholders' equity:    
Common stock, par value $0.01; 20,000,000 shares authorized; 10,903,341 and 11,027,177 shares issued and outstanding at December 31, 2014 and 2015, respectively $ 110 $ 109
Additional paid-in capital 24,738 14,550
Retained earnings $ 118,008 77,985
Accumulated other comprehensive income 88
Total stockholders' equity $ 142,856 92,732
Total liabilities and stockholders' equity $ 248,434 $ 307,815