CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2015
Dec. 31, 2014
CURRENT ASSETS:    
Cash and cash equivalents $ 38,420 $ 12,299
Restricted cash 7,362 30,000
Accounts receivable, less allowance of $9,126 and $12,193 at December 31, 2015 and 2014, respectively 9,613 13,533
Inventories 1,043 1,486
Prepaid income taxes and income taxes receivable 349 879
Assets held for sale 45,911 50,930
Prepaid expenses and other current assets 2,566 3,937
Total current assets 105,264 113,064
PROPERTY, EQUIPMENT AND FACILITIES - At cost, net of accumulated depreciation and amortization of $122,037 and $136,910 at December 31, 2015 and 2014, respectively 66,508 69,740
OTHER ASSETS:    
Noncurrent restricted cash 15,259 0
Noncurrent receivables, less allowance of $797 and $1,016 at December 31, 2015 and 2014, respectively 4,993 6,235
Deferred finance charges 2,529 158
Goodwill 14,536 22,207
Other assets, net 1,190 2,303
Total other assets 38,507 30,903
TOTAL 210,279 213,707
CURRENT LIABILITIES:    
Current portion of term loan and credit agreement 10,000 30,000
Current portion of capital lease obligations 114 471
Unearned tuition 21,390 26,469
Accounts payable 12,863 11,894
Accrued expenses 12,157 13,865
Liabilities held for sale 14,236 0
Other short-term liabilities 686 780
Total current liabilities 71,446 83,479
NONCURRENT LIABILITIES:    
Long-term term loan 34,653 0
Long-term capital lease obligations 3,785 25,038
Long-term finance obligation 9,672 9,672
Pension plan liabilities 5,549 5,299
Accrued rent 4,177 6,852
Other long-term liabilities 0 357
Total liabilities $ 129,282 $ 130,697
COMMITMENTS AND CONTINGENCIES
STOCKHOLDERS' EQUITY:    
Preferred stock, no par value - 10,000,000 shares authorized, no shares issued and outstanding at December 31, 2015 and 2014 $ 0 $ 0
Common stock, no par value - authorized 100,000,000 shares at December 31, 2015 and 2014, issued and outstanding 29,727,555 shares at December 31, 2015 and 29,933,086 shares at December 31, 2014 141,377 141,377
Additional paid-in capital 27,292 26,350
Treasury stock at cost - 5,910,541 shares at December 31, 2015 and 2014 (82,860) (82,860)
Retained earnings 2,260 5,610
Accumulated other comprehensive loss (7,072) (7,467)
Total stockholders' equity 80,997 83,010
TOTAL $ 210,279 $ 213,707