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CONSOLIDATED BALANCE SHEETS (unaudited) (USD $)
In Thousands, unless otherwise specified
Dec. 31, 2013
Dec. 31, 2012
Current assets:    
Cash and cash equivalents $ 215,771 $ 243,465
Restricted cash 5,636 3,478
Accounts receivable, less allowance for doubtful accounts of $9,174 and $15,663 99,530 78,928
PEAKS Trust student loans, less allowance for loan losses of $0 and $0 7,730 0
Deferred income taxes 77,549 44,547
Prepaid expenses and other current assets 28,400 16,162
Total current assets 434,616 386,580
Property and equipment, net 168,509 189,890
PEAKS Trust student loans, excluding current portion, less allowance for loan losses of $29,349 and $0 76,479 0
Deferred income taxes 68,324 57,471
Other assets 58,923 41,263
Total assets 806,851 675,204
Current liabilities:    
Current portion of long-term debt 50,000 0
Current portion of PEAKS Trust senior debt 157,883 0
Accounts payable 58,021 63,304
Accrued compensation and benefits 18,107 21,023
Other current liabilities 42,136 106,796
Deferred revenue 147,630 135,900
Total current liabilities 473,777 327,023
Long-term debt 0 140,000
PEAKS Trust senior debt, excluding current portion 71,341 0
Other liabilities 146,087 82,416
Total 691,205 549,439
Commitments and contingent liabilities (Note 16)      
Shareholders' equity:    
Preferred stock, $.01 par value, 5,000,000 shares authorized, none issued 0 0
Common stock, $.01 par value, 300,000,000 shares authorized, 37,068,904 issued 371 371
Capital surplus 200,040 197,113
Retained earnings 940,449 967,473
Accumulated other comprehensive income (loss) 3,146 (7,930)
Treasury stock, 13,698,716 and 13,744,395 shares, at cost (1,028,360) (1,031,262)
Total shareholders' equity 115,646 125,765
Total liabilities and shareholders' equity $ 806,851 $ 675,204