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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 31, 2021
Dec. 31, 2020
CURRENT ASSETS:    
Cash and cash equivalents $ 26,742 $ 38,026
Accounts receivable, less allowance of $22,539 and $25,174 at March 31, 2021 and December 31, 2020, respectively 30,604 30,021
Inventories 2,666 2,394
Prepaid expenses and other current assets 10,770 3,723
Total current assets 70,782 74,164
PROPERTY, EQUIPMENT AND FACILITIES - At cost, net of accumulated depreciation and amortization of $176,757 and $176,300 at March 31, 2021 and December 31, 2020, respectively 49,035 48,388
OTHER ASSETS:    
Noncurrent receivables, less allowance of $3,701 and $3,465 at March 31, 2021 and December 31, 2020, respectively 17,070 16,463
Deferred income taxes, net 34,473 35,718
Operating lease right-of-use assets 53,155 55,187
Goodwill 14,536 14,536
Other assets, net 802 734
Total other assets 120,036 122,638
TOTAL ASSETS 239,853 245,190
CURRENT LIABILITIES:    
Current portion of credit agreement 2,000 2,000
Unearned tuition 20,240 23,453
Accounts payable 17,718 15,676
Accrued expenses 10,713 16,692
Income taxes payable 436 491
Current portion of operating lease liabilities 9,370 8,504
Other short-term liabilities 73 26
Total current liabilities 60,550 66,842
NONCURRENT LIABILITIES:    
Long-term credit agreement 14,757 15,212
Pension plan liabilities 4,451 4,252
Long-term portion of operating lease liabilities 50,329 52,702
Other long-term liabilities 2,924 3,133
Total liabilities 133,011 142,141
COMMITMENTS AND CONTINGENCIES
STOCKHOLDERS' EQUITY:    
Common stock, no par value - authorized: 100,000,000 shares at March 31, 2021 and December 31, 2020; issued and outstanding: 26,895,970 shares at March 31, 2021 and 26,476,329 shares at December 31, 2020 141,377 141,377
Additional paid-in capital 30,043 30,512
Treasury stock at cost - 5,910,541 shares at March 31, 2021 and December 31, 2020 (82,860) (82,860)
Retained earnings 10,388 6,203
Accumulated other comprehensive loss (4,088) (4,165)
Total stockholders' equity 94,860 91,067
TOTAL LIABILITIES, SERIES A CONVERTIBLE PREFERRED STOCK AND STOCKHOLDERS' EQUITY 239,853 245,190
Series A Convertible Preferred Stock [Member]    
SERIES A CONVERTIBLE PREFERRED STOCK    
Preferred stock, no par value - 10,000,000 shares authorized, Series A convertible preferred shares, 12,700 shares issued and outstanding at March 31, 2021 and December 31, 2020 11,982 11,982
STOCKHOLDERS' EQUITY:    
Total stockholders' equity $ 11,982 $ 11,982