Consolidated Balance Sheets (USD $)
In Thousands, unless otherwise specified
Jun. 30, 2012
Jun. 30, 2011
CURRENT ASSETS:    
Cash and cash equivalents $ 72,525 $ 107,430
Accounts receivable, net of allowance for doubtful accounts of $16,792 and $22,839 at June 30, 2012 and 2011, respectively 96,224 162,059
Student notes receivable, net of allowance for doubtful accounts of $20,752 and $18,603 at June 30, 2012 and 2011, respectively 26,772 18,446
Deferred income taxes 37,242 37,883
Prepaid expenses and other current assets 112,567 87,577
Assets held for sale 7,277 22,268
Total current assets 352,607 435,663
PROPERTY AND EQUIPMENT, net 251,821 318,284
OTHER ASSETS:    
Goodwill (in Dollars) 197,875 197,875
Other intangibles, net 174,098 183,149
Student notes receivable, net of allowance for doubtful accounts of $58,758 and $58,542 at June 30, 2012 and 2011, respectively 76,098 58,405
Deposits and other assets 7,396 7,065
Deferred income taxes 4,618 3,784
TOTAL ASSETS 1,064,513 1,204,225
CURRENT LIABILITIES:    
Accounts payable 24,184 74,231
Accrued compensation and related liabilities 79,470 91,528
Accrued expenses 41,812 19,141
Prepaid tuition 111,129 27,129
Current portion of capital lease obligations 710 628
Current portion of long-term debt 3,380 730
Liabilities held for sale 22,073 13,974
Total current liabilities 282,758 227,361
LONG-TERM CAPITAL LEASE OBLIGATIONS, net of current portion 12,231 12,976
LONG-TERM DEBT, net of current portion 132,653 317,458
DEFERRED INCOME TAXES 4,959 18,565
OTHER LONG-TERM LIABILITIES 66,997 62,798
COMMITMENTS AND CONTINGENCIES 0 0
Common Stock, $0.0001 par value:    
Common Stock, 120,000 shares authorized: 91,352 issued and 85,178 shares outstanding at June 30, 2012: 90,786 issued and 84,612 shares outstanding at June 30, 2011 9 9
Additional paid-in capital 251,425 241,882
Treasury stock (56,368) (56,368)
Retained earnings 367,758 378,003
Accumulated other comprehensive income 2,091 1,541
Total stockholders’ equity 564,915 565,067
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY $ 1,064,513 $ 1,204,225