Condensed Consolidated Balance Sheets - USD ($) $ in Thousands		Sep. 30, 2016	Dec. 31, 2015
CURRENT ASSETS:
Cash and cash equivalents, unrestricted		$ 55,659	$ 66,919
Restricted cash		1,375	49,821
Restricted short-term investments		9,597
Short-term investments		151,153	114,901
Total cash and cash equivalents, restricted cash and short-term investments		217,784	231,641
Student receivables, net of allowance for doubtful accounts of $19,304 and $18,013 as of September 30, 2016 and December 31, 2015, respectively		25,457	31,618
Receivables, other, net		876	5,194
Prepaid expenses		12,695	14,380
Inventories		1,829	3,353
Other current assets		954	2,523
Assets of discontinued operations		176	254
Total current assets		259,771	288,963
NON-CURRENT ASSETS:
Property and equipment, net		45,213	58,249
Goodwill		87,356	87,356
Intangible assets, net		8,700	9,300
Student receivables, net of allowance for doubtful accounts of $1,754 and $2,216 as of September 30, 2016 and December 31, 2015, respectively		3,128	3,958
Deferred income tax assets, net		130,343	137,716
Other assets		8,328	16,562
Assets of discontinued operations		8,634	8,811
TOTAL ASSETS	[1]	551,473	610,915
CURRENT LIABILITIES:
Short-term borrowings			38,000
Accounts payable		16,000	25,906
Accrued expenses:
Payroll and related benefits		33,075	38,789
Advertising and marketing costs		17,041	11,788
Income taxes		1,730	1,061
Other		25,599	24,082
Deferred tuition revenue		30,342	40,112
Liabilities of discontinued operations		7,004	13,067
Total current liabilities		130,791	192,805
NON-CURRENT LIABILITIES:
Deferred rent obligations		35,664	45,927
Other liabilities		24,133	25,197
Liabilities of discontinued operations		5,862	9,376
Total non-current liabilities		65,659	80,500
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; 83,509,840 and 82,996,585 shares issued, 68,492,083 and 68,098,654 shares outstanding as of September 30, 2016 and December 31, 2015, respectively		835	830
Additional paid-in capital		613,611	610,784
Accumulated other comprehensive income (loss)		87	(880)
Accumulated deficit		(43,354)	(57,518)
Cost of 15,017,757 and 14,897,931 shares in treasury as of September 30, 2016 and December 31, 2015, respectively		(216,156)	(215,606)
Total stockholders' equity		355,023	337,610
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY		$ 551,473	$ 610,915

[1] Total assets do not include intercompany receivable or payable activity between schools and corporate and investments in subsidiaries.