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CONDENSED CONSOLIDATED BALANCE SHEETS (USD $)
In Thousands, unless otherwise specified
Jun. 30, 2013
Dec. 31, 2012
Jun. 30, 2012
Current assets:      
Cash and cash equivalents $ 182,568 $ 243,465 $ 161,198
Restricted cash 5,819 3,478 6,787
Accounts receivable, net 125,927 78,928 75,047
PEAKS Trust student loans, less allowance for loan losses of $0, $0 and $0 7,307 0 0
Deferred income taxes 68,215 44,547 16,859
Prepaid expenses and other current assets 20,015 16,162 14,571
Total current assets 409,851 386,580 274,462
Property and equipment, net 179,095 189,890 198,175
PEAKS Trust student loans, excluding current portion, less allowance for loan losses of $4,319, $0 and $0 101,375 0 0
Deferred income taxes 45,267 57,471 36,654
Other assets 31,990 41,263 49,360
Total assets 767,578 675,204 558,651
Current liabilities:      
Current portion of PEAKS Trust senior debt 102,695 0 0
Accounts payable 63,719 63,304 80,777
Accrued compensation and benefits 26,219 21,023 25,711
Other current liabilities 43,177 106,796 33,091
Deferred revenue 113,891 135,900 121,873
Total current liabilities 349,701 327,023 261,452
Long-term debt 120,000 140,000 150,000
PEAKS Trust senior debt, excluding current portion 124,983 0 0
Other liabilities 43,208 82,416 63,169
Total liabilities 637,892 549,439 474,621
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 195,141 197,113 189,267
Retained earnings 970,405 967,473 935,145
Accumulated other comprehensive (loss) (7,787) (7,930) (9,147)
Treasury stock, 13,700,051; 13,744,395 and 13,749,764 shares, at cost (1,028,444) (1,031,262) (1,031,606)
Total shareholders' equity 129,686 125,765 84,030
Total liabilities and shareholders' equity $ 767,578 $ 675,204 $ 558,651