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CONSOLIDATED BALANCE SHEETS (USD $)
In Thousands, unless otherwise specified
Jun. 30, 2013
Dec. 31, 2012
CURRENT ASSETS:    
Cash and cash equivalents, unrestricted $ 165,921 $ 240,559
Restricted cash 11,966 97,878
Short-term investments 63,947 63,876
Total cash and cash equivalents and short-term investments 241,834 402,313
Student receivables, net of allowance for doubtful accounts of $31,813 and $35,111 as of June 30, 2013 and December 31, 2012, respectively 53,518 68,798
Receivables, other, net 40,453 3,837
Prepaid expenses 96,436 44,297
Inventories 7,690 8,471
Deferred income tax assets, net 7,129 7,095
Other current assets 7,245 4,422
Assets of discontinued operations 3,705 4,328
Total current assets 458,010 543,561
NON-CURRENT ASSETS:    
Property and equipment, net 246,008 277,302
Goodwill 132,389 133,025
Intangible assets, net 56,895 61,670
Student receivables, net of allowance for doubtful accounts of $9,177 and $11,982 as of June 30, 2013 and December 31, 2012, respectively 6,029 6,832
Deferred income tax assets, net 47,936 47,707
Other assets, net 28,149 33,280
Assets of discontinued operations 18,772 19,326
TOTAL ASSETS 994,188 1,122,703
CURRENT LIABILITIES:    
Short-term borrowings and current maturities of capital lease obligations   80,211
Accounts payable 31,863 38,416
Accrued expenses:    
Payroll and related benefits 46,414 46,586
Advertising and production costs 22,630 20,963
Other 83,483 44,585
Deferred tuition revenue 80,945 111,896
Liabilities of discontinued operations 13,522 10,058
Total current liabilities 278,857 352,715
NON-CURRENT LIABILITIES:    
Deferred rent obligations 91,415 95,073
Other liabilities 29,331 29,799
Liabilities of discontinued operations 24,844 33,326
Total non-current liabilities 145,590 158,198
STOCKHOLDERS' EQUITY:    
Preferred stock, $0.01 par value; 1,000,000 shares authorized; none issued or outstanding      
Common stock, $0.01 par value; 300,000,000 shares authorized; 81,808,424 and 81,616,987 shares issued, 67,090,083 and 67,069,734 shares outstanding as of June 30, 2013 and December 31, 2012, respectively 818 816
Additional paid-in capital 600,796 596,826
Accumulated other comprehensive loss (3,712) (4,785)
Retained earnings 186,328 232,921
Cost of 14,718,341 and 14,547,253 shares in treasury as of June 30, 2013 and December 31, 2012, respectively (214,489) (213,988)
Total stockholders' equity 569,741 611,790
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY $ 994,188 $ 1,122,703