XML 42 R2.htm IDEA: XBRL DOCUMENT v2.4.0.8
CONSOLIDATED BALANCE SHEETS (USD $)
In Thousands, unless otherwise specified
Dec. 31, 2013
Jun. 30, 2013
Dec. 31, 2012
Current Assets:      
Cash and Cash Equivalents $ 262,034 $ 196,576 $ 216,567
Marketable Securities and Investments 3,263 2,975 2,752
Restricted Cash 11,873 7,019 3,894
Accounts Receivable, Net 117,812 139,778 118,322
Deferred Income Taxes, Net 31,169 29,758 25,008
Refundable Income Taxes 6,969 154 23,827
Prepaid Expenses and Other 42,625 49,685 31,695
Current Assets of Divested Business 0 16,219 28,706
Total Current Assets 475,745 442,164 450,771
Land, Building and Equipment:      
Land 66,539 71,122 65,963
Building 429,463 424,902 388,010
Equipment 472,944 475,656 459,711
Construction in Progress 44,115 33,724 48,143
Property, Plant and Equipment, Gross, Total 1,013,061 1,005,404 961,827
Accumulated Depreciation (455,018) (433,747) (407,991)
Land, Building and Equipment of Divested Business, Net 0 0 5,521
Land, Building and Equipment, Net 558,043 571,657 559,357
Other Assets:      
Intangible Assets, Net 293,720 281,998 294,177
Goodwill 514,757 508,937 566,199
Perkins Program Fund, Net 13,450 13,450 13,450
Other Assets 33,398 33,025 30,112
Other Assets of Divested Business 0 5,787 718
Total Other Assets 855,325 843,197 904,656
TOTAL ASSETS 1,889,113 1,857,018 1,914,784
Current Liabilities:      
Accounts Payable 62,721 55,131 60,383
Accrued Salaries, Wages and Benefits 77,447 88,444 63,607
Accrued Expenses 69,259 74,451 71,432
Deferred and Advance Tuition 97,725 97,478 140,576
Current Liabilities of Divested Business 0 713 1,530
Total Current Liabilities 307,152 316,217 337,528
Other Liabilities:      
Deferred Income Taxes, Net 59,941 60,103 64,444
Deferred Rent and Other 91,054 82,576 107,553
Total Other Liabilities 150,995 142,679 171,997
Other Liabilities of Divested Business 0 112 0
TOTAL LIABILITIES 458,147 459,008 509,525
COMMITMENTS AND CONTINGENCIES (NOTE 12)         
NON-CONTROLLING INTEREST 5,975 854 8,901
SHAREHOLDERS' EQUITY      
Common Stock, $0.01 Par Value, 200,000,000 Shares Authorized: 63,332,000, 62,946,000 and 63,287,000 Shares Issued and Outstanding at December 31, 2013, June 30, 2013 and December 31, 2012, Respectively 752 745 744
Additional Paid-in Capital 304,807 291,269 280,901
Retained Earnings 1,599,985 1,575,009 1,560,130
Accumulated Other Comprehensive Loss (25,573) (17,101) (6,696)
Treasury Stock, at Cost (11,661,000, 11,581,000 and 11,079,000 Shares, Respectively) (454,980) (452,766) (438,721)
TOTAL SHAREHOLDERS' EQUITY 1,424,991 1,397,156 1,396,358
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY $ 1,889,113 $ 1,857,018 $ 1,914,784