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CONSOLIDATED STATEMENTS OF CASH FLOWS (unaudited) (USD $)
In Thousands, unless otherwise specified
12 Months Ended
Dec. 31, 2013
Dec. 31, 2012
Dec. 31, 2011
Cash flows from operating activities:      
Net income (loss) $ (27,024) $ 138,970 $ 309,086
Adjustments to reconcile net income to net cash flows from operating activities:      
Depreciation and amortization 27,252 29,350 27,886
Provision for doubtful accounts 67,640 56,818 35,655
Deferred income taxes (54,425) (59,999) (8,991)
Excess tax benefit from stock option exercises 0 (1,382) (1,166)
Stock-based compensation expense 11,638 16,658 17,074
Settlement cost (46,000) 21,750 0
Asset impairment 0 15,166 0
Provision for PEAKS Trust student loan losses 29,349 0 0
Loss on consolidation of PEAKS Trust 73,248 0 0
Other 315 6,992 (1,936)
Changes in operating assets and liabilities, net of acquisition:      
Restricted cash (455) 3,794 (942)
Accounts receivable (87,225) (87,138) (17,004)
PEAKS Trust student loans 11,554 0 0
Accounts payable (5,574) (15,572) 10,956
Other operating assets and liabilities 74,203 72,857 35,964
Deferred revenue 11,299 (90,643) (17,819)
Net cash flows from operating activities 77,725 107,621 388,763
Cash flows from investing activities:      
Facility expenditures and land purchases (679) (1,046) (4,053)
Capital expenditures, net (4,468) (17,204) (26,847)
Acquisition of company, net of cash acquired (7,150) 0 0
Proceeds from sales and maturities of investments and repayment of notes 461 217,301 337,032
Purchase of investments and note advances (1,242) (75,887) (352,195)
Net cash flows from investing activities (13,078) 123,164 (46,063)
Cash flows from financing activities:      
Excess tax benefit from stock option exercises 0 1,382 1,166
Proceeds from exercise of stock options 0 8,345 5,599
Debt issue costs 0 (1,525) 0
Proceeds from revolving borrowings 0 175,000 0
Repayment of revolving borrowings (90,000) (185,000) 0
Repayment of PEAKS Trust senior debt (1,946) 0 0
Repurchase of common stock and shares tendered for taxes (395) (209,371) (283,320)
Net cash flows from financing activities (92,341) (211,169) (276,555)
Net change in cash and cash equivalents (27,694) 19,616 66,145
Cash and cash equivalents at beginning of period 243,465 223,849 157,704
Cash and cash equivalents at end of period 215,771 243,465 223,849
Cash paid during the period for:      
Income taxes (net of refunds) 61,131 139,919 196,387
Interest 3,310 3,047 1,842
Non-cash operating activities:      
Consolidation of PEAKS Trust assets 113,819 0 0
Consolidation of PEAKS Trust liabilities 471 0 0
Non-cash financing activities:      
Issuance of treasury stock for Directors' compensation 0 37 30
Consolidation of PEAKS Trust senior debt 226,096 0 0
PEAKS Trust Student Loans [Member]
     
Adjustments to reconcile net income to net cash flows from operating activities:      
Asset impairment   10,300  
Accretion of discount on PEAKS Trust (12,996) 0 0
Provision for PEAKS Trust student loan losses 29,349    
Loss on consolidation of PEAKS Trust (73,248)    
PEAKS Trust senior debt [Member]
     
Adjustments to reconcile net income to net cash flows from operating activities:      
Accretion of discount on PEAKS Trust $ 4,926 $ 0 $ 0