| ASSETS |
| Cash and cash equivalents |
50.76M |
| Marketable securities available for sale, at fair value |
| Tuition receivable, net of allowances for doubtful accounts of $7,935 and $6,982 at December 31, 2010 and June 30, 2011, respectively |
22.18M |
| Other current assets |
12.05M |
| Total current assets |
85M |
| Property and equipment, net |
117.91M |
| Deferred income taxes |
0 |
| Restricted cash |
| Other assets |
6.32M |
| Total assets |
216.03M |
| LIABILITIES & STOCKHOLDERS' EQUITY |
| Accounts payable |
| Accrued expenses |
| Income taxes payable |
4.7M |
| Unearned tuition |
229K |
| Other current liabilities |
281K |
| Current portion of term loan |
3.13M |
| Total current liabilities |
39.42M |
| Revolving credit facility |
| Term loan, less current portion |
| Other long-term liabilities |
23.19M |
| Total liabilities |
183.7M |
| Commitments and contingencies |
0 |
| Stockholders' equity: |
| Common stock, par value $0.01; 20,000,000 shares authorized; 13,316,822 and 12,008,763 shares issued and outstanding at December 31, 2010 and June 30, 2011, respectively |
108K |
| Additional paid-in capital |
377K |
| Retained earnings |
32.44M |
| Accumulated other comprehensive income |
-597K |
| Total stockholders' equity |
32.32M |
| Total liabilities and stockholders' equity |
216.03M |
