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CONDENSED CONSOLIDATED BALANCE SHEETS (USD $)
In Thousands, unless otherwise specified
Mar. 31, 2013
Dec. 31, 2012
Mar. 31, 2012
Current assets:      
Cash and cash equivalents $ 206,638 $ 243,465 $ 171,970
Short-term investments 0 0 114,806
Restricted cash 6,693 3,478 7,629
Accounts receivable, net 106,308 78,928 55,475
PEAKS Trust student loans, less allowance for loan losses of $0, $0 and $0 7,282 0 0
Deferred income taxes 71,301 44,547 12,566
Prepaid expenses and other current assets 19,189 16,162 17,832
Total current assets 417,411 386,580 380,278
Property and equipment, net 184,123 189,890 198,493
PEAKS Trust student loans, excluding current portion, less allowance for loan losses of $0, $0 and $0 105,007 0 0
Deferred income taxes 45,024 57,471 34,563
Other assets 31,721 41,263 49,516
Total assets 783,286 675,204 662,850
Current liabilities:      
Current portion of PEAKS Trust senior debt 103,356 0 0
Accounts payable 63,713 63,304 77,664
Accrued compensation and benefits 15,425 21,023 13,323
Other current liabilities 52,185 106,796 60,641
Deferred revenue 120,628 135,900 180,147
Total current liabilities 355,307 327,023 331,775
Long-term debt 150,000 140,000 175,000
PEAKS Trust senior debt, excluding current portion 123,660 0 0
Other liabilities 45,634 82,416 64,574
Total 674,601 549,439 571,349
Shareholders' equity:      
Preferred stock, $.01 par value, 5,000,000 shares authorized, none issued 0 0 0
Common stock, $.01 par value, 300,000,000 shares authorized, 37,068,904 issued 371 371 371
Capital surplus 194,629 197,113 186,262
Retained earnings 950,202 967,473 891,875
Accumulated other comprehensive (loss) (7,835) (7,930) (9,316)
Treasury stock, 13,706,781, 13,744,395 and 12,934,377 shares, at cost (1,028,682) (1,031,262) (977,691)
Total shareholders' equity 108,685 125,765 91,501
Total liabilities and shareholders' equity $ 783,286 $ 675,204 $ 662,850