2012 Q2 Form 10-Q Financial Statement
#000119312512325966 Filed on July 31, 2012
Income Statement
Concept | 2012 Q2 | 2011 Q2 |
---|---|---|
Revenue | $343.0M | $481.6M |
YoY Change | -28.77% | -6.99% |
Cost Of Revenue | $107.0M | $158.0M |
YoY Change | -32.28% | 0.7% |
Gross Profit | $193.2M | $326.9M |
YoY Change | -40.9% | -11.84% |
Gross Profit Margin | 56.32% | 67.88% |
Selling, General & Admin | $206.4M | $224.6M |
YoY Change | -8.1% | -12.57% |
% of Gross Profit | 106.83% | 68.71% |
Research & Development | ||
YoY Change | ||
% of Gross Profit | ||
Depreciation & Amortization | $20.00M | $20.50M |
YoY Change | -2.44% | 19.19% |
% of Gross Profit | 10.35% | 6.27% |
Operating Expenses | $223.5M | $244.9M |
YoY Change | -8.74% | -10.65% |
Operating Profit | -$100.9M | $79.44M |
YoY Change | -226.96% | -15.53% |
Interest Expense | $28.00K | $39.00K |
YoY Change | -28.21% | -80.5% |
% of Operating Profit | 0.05% | |
Other Income/Expense, Net | $365.0K | $193.0K |
YoY Change | 89.12% | -119.3% |
Pretax Income | -$101.4M | $78.24M |
YoY Change | -229.64% | -18.5% |
Income Tax | -$19.03M | $26.09M |
% Of Pretax Income | 33.34% | |
Net Earnings | -$100.2M | $55.35M |
YoY Change | -281.08% | -13.94% |
Net Earnings / Revenue | -29.22% | 11.49% |
Basic Earnings Per Share | -$1.52 | $0.74 |
Diluted Earnings Per Share | -$1.52 | $0.73 |
COMMON SHARES | ||
Basic Shares Outstanding | 66.03M shares | 74.88M shares |
Diluted Shares Outstanding | 66.03M shares | 75.53M shares |
Balance Sheet
Concept | 2012 Q2 | 2011 Q2 |
---|---|---|
SHORT-TERM ASSETS | ||
Cash & Short-Term Investments | $369.9M | $388.8M |
YoY Change | -4.86% | 24.34% |
Cash & Equivalents | $209.3M | $208.9M |
Short-Term Investments | $160.6M | $159.9M |
Other Short-Term Assets | $6.179M | $97.80M |
YoY Change | -93.68% | 43.82% |
Inventory | $10.00M | $11.10M |
Prepaid Expenses | $73.24M | |
Receivables | $55.58M | $58.00M |
Other Receivables | $2.100M | $3.200M |
Total Short-Term Assets | $531.2M | $558.9M |
YoY Change | -4.95% | 17.64% |
LONG-TERM ASSETS | ||
Property, Plant & Equipment | $327.3M | $364.8M |
YoY Change | -10.29% | 17.72% |
Goodwill | $130.9M | |
YoY Change | ||
Intangibles | $74.63M | |
YoY Change | ||
Long-Term Investments | ||
YoY Change | ||
Other Assets | $40.24M | $55.60M |
YoY Change | -27.62% | 8.38% |
Total Long-Term Assets | $607.8M | $929.8M |
YoY Change | -34.62% | -1.06% |
TOTAL ASSETS | ||
Total Short-Term Assets | $531.2M | $558.9M |
Total Long-Term Assets | $607.8M | $929.8M |
Total Assets | $1.139B | $1.489B |
YoY Change | -23.48% | 5.22% |
SHORT-TERM LIABILITIES | ||
YoY Change | ||
Accounts Payable | $38.38M | $47.40M |
YoY Change | -19.03% | -2.67% |
Accrued Expenses | $92.10M | $107.5M |
YoY Change | -14.33% | -15.95% |
Deferred Revenue | ||
YoY Change | ||
Short-Term Debt | $0.00 | $0.00 |
YoY Change | ||
Long-Term Debt Due | $400.0K | $900.0K |
YoY Change | -55.56% | 28.57% |
Total Short-Term Liabilities | $270.2M | $361.5M |
YoY Change | -25.27% | -1.69% |
LONG-TERM LIABILITIES | ||
Long-Term Debt | $0.00 | $500.0K |
YoY Change | -100.0% | -61.54% |
Other Long-Term Liabilities | $36.85M | $175.8M |
YoY Change | -79.04% | 4.27% |
Total Long-Term Liabilities | $166.5M | $176.3M |
YoY Change | -5.57% | 3.77% |
TOTAL LIABILITIES | ||
Total Short-Term Liabilities | $270.2M | $361.5M |
Total Long-Term Liabilities | $166.5M | $176.3M |
Total Liabilities | $436.7M | $537.7M |
YoY Change | -18.79% | 0.0% |
SHAREHOLDERS EQUITY | ||
Retained Earnings | $327.5M | |
YoY Change | ||
Common Stock | $817.0K | |
YoY Change | ||
Preferred Stock | ||
YoY Change | ||
Treasury Stock (at cost) | $214.0M | |
YoY Change | ||
Treasury Stock Shares | 14.54M shares | |
Shareholders Equity | $702.3M | $950.9M |
YoY Change | ||
Total Liabilities & Shareholders Equity | $1.139B | $1.489B |
YoY Change | -23.48% | 5.22% |
Cashflow Statement
Concept | 2012 Q2 | 2011 Q2 |
---|---|---|
OPERATING ACTIVITIES | ||
Net Income | -$100.2M | $55.35M |
YoY Change | -281.08% | -13.94% |
Depreciation, Depletion And Amortization | $20.00M | $20.50M |
YoY Change | -2.44% | 19.19% |
Cash From Operating Activities | -$800.0K | $55.10M |
YoY Change | -101.45% | -1083.93% |
INVESTING ACTIVITIES | ||
Capital Expenditures | -$7.700M | -$24.10M |
YoY Change | -68.05% | 2.99% |
Acquisitions | ||
YoY Change | ||
Other Investing Activities | -$3.100M | -$4.400M |
YoY Change | -29.55% | -113.06% |
Cash From Investing Activities | -$10.80M | -$28.60M |
YoY Change | -62.24% | -375.0% |
FINANCING ACTIVITIES | ||
Cash Dividend Paid | ||
YoY Change | ||
Common Stock Issuance & Retirement, Net | ||
YoY Change | ||
Debt Paid & Issued, Net | ||
YoY Change | ||
Cash From Financing Activities | -2.200M | -38.20M |
YoY Change | -94.24% | -44.07% |
NET CHANGE | ||
Cash From Operating Activities | -800.0K | 55.10M |
Cash From Investing Activities | -10.80M | -28.60M |
Cash From Financing Activities | -2.200M | -38.20M |
Net Change In Cash | -13.80M | -11.70M |
YoY Change | 17.95% | -81.57% |
FREE CASH FLOW | ||
Cash From Operating Activities | -$800.0K | $55.10M |
Capital Expenditures | -$7.700M | -$24.10M |
Free Cash Flow | $6.900M | $79.20M |
YoY Change | -91.29% | 344.94% |
Facts In Submission
Frame | Concept Type | Concept / XBRL Key | Value | Unit |
---|---|---|---|---|
CY2011Q3 | ceco |
Number Of Opt Out Individuals
NumberOfOptOutIndividuals
|
5 | pure |
CY2011Q4 | us-gaap |
Business Acquisition Cost Of Acquired Entity Cash Paid
BusinessAcquisitionCostOfAcquiredEntityCashPaid
|
9800000 | |
CY2011Q4 | us-gaap |
Business Acquisition Purchase Price Allocation Property Plant And Equipment
BusinessAcquisitionPurchasePriceAllocationPropertyPlantAndEquipment
|
147000 | |
CY2011Q4 | us-gaap |
Business Acquisition Purchase Price Allocation Assets Acquired
BusinessAcquisitionPurchasePriceAllocationAssetsAcquired
|
10470000 | |
CY2011Q4 | us-gaap |
Business Acquisition Purchase Price Allocation Assets Acquired Liabilities Assumed Net
BusinessAcquisitionPurchasePriceAllocationAssetsAcquiredLiabilitiesAssumedNet
|
9789000 | |
CY2011Q4 | us-gaap |
Business Acquisition Purchase Price Allocation Current Liabilities Deferred Revenue
BusinessAcquisitionPurchasePriceAllocationCurrentLiabilitiesDeferredRevenue
|
681000 | |
CY2011Q4 | us-gaap |
Business Acquisition Purchase Price Allocation Current Assets Receivables
BusinessAcquisitionPurchasePriceAllocationCurrentAssetsReceivables
|
1185000 | |
CY2011Q4 | us-gaap |
Business Acquisition Purchase Price Allocation Liabilities Assumed
BusinessAcquisitionPurchasePriceAllocationLiabilitiesAssumed
|
681000 | |
CY2011Q4 | us-gaap |
Business Acquisition Purchase Price Allocation Goodwill Amount
BusinessAcquisitionPurchasePriceAllocationGoodwillAmount
|
8853000 | |
CY2011Q4 | ceco |
Business Acquisition Purchase Price Allocation Other Current Assets
BusinessAcquisitionPurchasePriceAllocationOtherCurrentAssets
|
285000 | |
CY2012Q2 | us-gaap |
Business Acquisition Cost Of Acquired Entity Purchase Price
BusinessAcquisitionCostOfAcquiredEntityPurchasePrice
|
2900000 | |
CY2012Q2 | ceco |
Placement Percentage Minimum For Schools On Accrediting Council For Independent Colleges And Schools Probation
PlacementPercentageMinimumForSchoolsOnAccreditingCouncilForIndependentCollegesAndSchoolsProbation
|
0.40 | pure |
CY2012Q2 | ceco |
Number Of Campuses Accredited By Accrediting Council For Independent Colleges And Schools
NumberOfCampusesAccreditedByAccreditingCouncilForIndependentCollegesAndSchools
|
71 | pure |
CY2012Q2 | ceco |
Total Number Of Schools On Accrediting Council For Independent Colleges And Schools Probation Status
TotalNumberOfSchoolsOnAccreditingCouncilForIndependentCollegesAndSchoolsProbationStatus
|
4 | pure |
CY2012Q1 | us-gaap |
Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
|
59789000 | |
CY2012Q1 | ceco |
Disposal Group Including Discontinued Operation Remaining Lease Obligations
DisposalGroupIncludingDiscontinuedOperationRemainingLeaseObligations
|
43598000 | |
CY2010Q3 | ceco |
Number Of Findings Deemed To Be Systemic
NumberOfFindingsDeemedToBeSystemic
|
2 | pure |
CY2010Q3 | ceco |
Number Of Findings From Program Review
NumberOfFindingsFromProgramReview
|
6 | pure |
CY2010Q3 | ceco |
Number Of Findings That Were Isolated And Related To Processing Errors
NumberOfFindingsThatWereIsolatedAndRelatedToProcessingErrors
|
4 | pure |
CY2011Q2 | ceco |
Number Of Complaints Related And Transferred To Judge
NumberOfComplaintsRelatedAndTransferredToJudge
|
3 | pure |
CY2011Q2 | ceco |
Number Of Opt Out Individuals
NumberOfOptOutIndividuals
|
115 | pure |
CY2011Q2 | ceco |
Number Of Opt Out Individuals
NumberOfOptOutIndividuals
|
31 | pure |
CY2012Q3 | dei |
Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
|
67196534 | shares |
CY2007Q3 | ceco |
Number Of Student Plaintiffs
NumberOfStudentPlaintiffs
|
36 | pure |
CY2011Q1 | us-gaap |
Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
|
87276000 | |
CY2011Q1 | ceco |
Disposal Group Including Discontinued Operation Remaining Lease Obligations
DisposalGroupIncludingDiscontinuedOperationRemainingLeaseObligations
|
46682000 | |
CY2011Q2 | us-gaap |
Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
|
78048000 | |
CY2011Q2 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
208913000 | |
CY2011Q2 | us-gaap |
Disposal Group Including Discontinued Operation Cash And Cash Equivalents
DisposalGroupIncludingDiscontinuedOperationCashAndCashEquivalents
|
-19908000 | |
CY2011Q2 | ceco |
Disposal Group Including Discontinued Operation Remaining Lease Obligations
DisposalGroupIncludingDiscontinuedOperationRemainingLeaseObligations
|
43895000 | |
CY2011Q2 | ceco |
Number Of Campuses Already Subject To Additional Acics Oversight
NumberOfCampusesAlreadySubjectToAdditionalACICSOversight
|
36 | Campus |
CY2012Q2 | us-gaap |
Accounts Receivable Net Noncurrent
AccountsReceivableNetNoncurrent
|
8322000 | |
CY2012Q2 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice
|
29.42 | |
CY2012Q2 | us-gaap |
Treasury Stock Shares
TreasuryStockShares
|
14542898 | shares |
CY2012Q2 | us-gaap |
Common Stock Shares Authorized
CommonStockSharesAuthorized
|
300000000 | shares |
CY2012Q2 | us-gaap |
Other Assets Current
OtherAssetsCurrent
|
6179000 | |
CY2012Q2 | us-gaap |
Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
|
53687000 | |
CY2012Q2 | us-gaap |
Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
|
41520000 | |
CY2012Q2 | us-gaap |
Cash Cash Equivalents And Short Term Investments
CashCashEquivalentsAndShortTermInvestments
|
369928000 | |
CY2012Q2 | us-gaap |
Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
|
1000000 | shares |
CY2012Q2 | us-gaap |
Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
-9552000 | |
CY2012Q2 | us-gaap |
Liabilities Current
LiabilitiesCurrent
|
270165000 | |
CY2012Q2 | us-gaap |
Assets Of Disposal Group Including Discontinued Operation
AssetsOfDisposalGroupIncludingDiscontinuedOperation
|
20263000 | |
CY2012Q2 | us-gaap |
Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
|
63300000 | |
CY2012Q2 | us-gaap |
Deferred Revenue Current
DeferredRevenueCurrent
|
104557000 | |
CY2012Q2 | us-gaap |
Deferred Tax Assets Net Noncurrent
DeferredTaxAssetsNetNoncurrent
|
9525000 | |
CY2012Q2 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
327456000 | |
CY2012Q2 | us-gaap |
Assets
Assets
|
1139090000 | |
CY2012Q2 | us-gaap |
Line Of Credit Facility Remaining Borrowing Capacity
LineOfCreditFacilityRemainingBorrowingCapacity
|
178300000 | |
CY2012Q2 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
209312000 | |
CY2012Q2 | us-gaap |
Assets Of Disposal Group Including Discontinued Operation Noncurrent
AssetsOfDisposalGroupIncludingDiscontinuedOperationNoncurrent
|
16981000 | |
CY2012Q2 | us-gaap |
Short Term Investments
ShortTermInvestments
|
160616000 | |
CY2012Q2 | us-gaap |
Line Of Credit Facility Current Borrowing Capacity
LineOfCreditFacilityCurrentBorrowingCapacity
|
185000000 | |
CY2012Q2 | us-gaap |
Disposal Group Including Discontinued Operation Other Noncurrent Assets
DisposalGroupIncludingDiscontinuedOperationOtherNoncurrentAssets
|
1560000 | |
CY2012Q2 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
|
25.70 | |
CY2012Q2 | us-gaap |
Money Market Funds At Carrying Value
MoneyMarketFundsAtCarryingValue
|
102008000 | |
CY2012Q2 | us-gaap |
Accounts Receivable Net Current
AccountsReceivableNetCurrent
|
55582000 | |
CY2012Q2 | us-gaap |
Inventory Net
InventoryNet
|
10003000 | |
CY2012Q2 | us-gaap |
Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
|
37612000 | |
CY2012Q2 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
|
3126000 | shares |
CY2012Q2 | us-gaap |
Other Assets Noncurrent
OtherAssetsNoncurrent
|
40242000 | |
CY2012Q2 | us-gaap |
Prepaid Expense Current
PrepaidExpenseCurrent
|
73242000 | |
CY2012Q2 | us-gaap |
Loss Contingency Accrual At Carrying Value
LossContingencyAccrualAtCarryingValue
|
15700000 | |
CY2012Q2 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
1139090000 | |
CY2012Q2 | us-gaap |
Common Stock Shares Issued
CommonStockSharesIssued
|
81718240 | shares |
CY2012Q2 | us-gaap |
Liabilities Of Disposal Group Including Discontinued Operation Noncurrent
LiabilitiesOfDisposalGroupIncludingDiscontinuedOperationNoncurrent
|
30143000 | |
CY2012Q2 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber
|
2405000 | shares |
CY2012Q2 | us-gaap |
Common Stock Value
CommonStockValue
|
817000 | |
CY2012Q2 | us-gaap |
Deferred Rent Credit Noncurrent
DeferredRentCreditNoncurrent
|
99498000 | |
CY2012Q2 | us-gaap |
Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
|
0 | shares |
CY2012Q2 | us-gaap |
Goodwill
Goodwill
|
130885000 | |
CY2012Q2 | us-gaap |
Liabilities Of Disposal Group Including Discontinued Operation Current
LiabilitiesOfDisposalGroupIncludingDiscontinuedOperationCurrent
|
11072000 | |
CY2012Q2 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber
|
2330000 | shares |
CY2012Q2 | us-gaap |
Available For Sale Securities Amortized Cost
AvailableForSaleSecuritiesAmortizedCost
|
160666000 | |
CY2012Q2 | us-gaap |
Liabilities Noncurrent
LiabilitiesNoncurrent
|
166488000 | |
CY2012Q2 | us-gaap |
Accrued Advertising Current
AccruedAdvertisingCurrent
|
23680000 | |
CY2012Q2 | us-gaap |
Allowance For Doubtful Accounts Receivable Noncurrent
AllowanceForDoubtfulAccountsReceivableNoncurrent
|
16075000 | |
CY2012Q2 | us-gaap |
Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
|
74633000 | |
CY2012Q2 | us-gaap |
Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Value
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue
|
10415000 | |
CY2012Q2 | us-gaap |
Cash
Cash
|
107304000 | |
CY2012Q2 | us-gaap |
Deferred Tax Assets Net Current
DeferredTaxAssetsNetCurrent
|
10940000 | |
CY2012Q2 | us-gaap |
Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
|
0.01 | |
CY2012Q2 | us-gaap |
Treasury Stock Value
TreasuryStockValue
|
213974000 | |
CY2012Q2 | us-gaap |
Preferred Stock Shares Issued
PreferredStockSharesIssued
|
0 | shares |
CY2012Q2 | us-gaap |
Preferred Stock Value
PreferredStockValue
|
||
CY2012Q2 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
327260000 | |
CY2012Q2 | us-gaap |
Common Stock Shares Outstanding
CommonStockSharesOutstanding
|
67175342 | shares |
CY2012Q2 | us-gaap |
Assets Current
AssetsCurrent
|
531242000 | |
CY2012Q2 | us-gaap |
Other Receivables
OtherReceivables
|
2086000 | |
CY2012Q2 | us-gaap |
Additional Paid In Capital
AdditionalPaidInCapital
|
597586000 | |
CY2012Q2 | us-gaap |
Disposal Group Including Discontinued Operation Accounts Notes And Loans Receivable Net
DisposalGroupIncludingDiscontinuedOperationAccountsNotesAndLoansReceivableNet
|
58000 | |
CY2012Q2 | us-gaap |
Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
|
50557000 | |
CY2012Q2 | us-gaap |
Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
|
0.01 | |
CY2012Q2 | us-gaap |
Liabilities Of Disposal Group Including Discontinued Operation
LiabilitiesOfDisposalGroupIncludingDiscontinuedOperation
|
41215000 | |
CY2012Q2 | us-gaap |
Available For Sale Securities Fair Value Disclosure
AvailableForSaleSecuritiesFairValueDisclosure
|
171031000 | |
CY2012Q2 | us-gaap |
Temporary Equity Carrying Amount Attributable To Parent
TemporaryEquityCarryingAmountAttributableToParent
|
104000 | |
CY2012Q2 | us-gaap |
Unrecognized Tax Benefits Income Tax Penalties And Interest Accrued
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestAccrued
|
3600000 | |
CY2012Q2 | us-gaap |
Disposal Group Including Discontinued Operation Deferred Tax Assets
DisposalGroupIncludingDiscontinuedOperationDeferredTaxAssets
|
15421000 | |
CY2012Q2 | us-gaap |
Stockholders Equity
StockholdersEquity
|
702333000 | |
CY2012Q2 | us-gaap |
Assets Of Disposal Group Including Discontinued Operation Current
AssetsOfDisposalGroupIncludingDiscontinuedOperationCurrent
|
3282000 | |
CY2012Q2 | us-gaap |
Business Acquisition Purchase Price Allocation Goodwill Amount
BusinessAcquisitionPurchasePriceAllocationGoodwillAmount
|
2700000 | |
CY2012Q2 | us-gaap |
Long Term Debt And Capital Lease Obligations Current
LongTermDebtAndCapitalLeaseObligationsCurrent
|
399000 | |
CY2012Q2 | us-gaap |
Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
|
36847000 | |
CY2012Q2 | us-gaap |
Accounts Payable Current
AccountsPayableCurrent
|
38380000 | |
CY2012Q2 | ceco |
Letters Of Credit Outstanding
LettersOfCreditOutstanding
|
6700000 | |
CY2012Q2 | ceco |
Period Cash Equivalents And Short Term Investments Have Been In Continuous Unrealized Loss Position Maximum
PeriodCashEquivalentsAndShortTermInvestmentsHaveBeenInContinuousUnrealizedLossPositionMaximum
|
1 | Year |
CY2012Q2 | ceco |
Cash And Cash Equivalents And Short Term Investments At Cost
CashAndCashEquivalentsAndShortTermInvestmentsAtCost
|
369606000 | |
CY2012Q2 | ceco |
Cash And Cash Equivalents And Short Term Investments Gross Unrealized Gain
CashAndCashEquivalentsAndShortTermInvestmentsGrossUnrealizedGain
|
372000 | |
CY2012Q2 | ceco |
Cash And Cash Equivalents And Short Term Investments Gross Unrealized Loss
CashAndCashEquivalentsAndShortTermInvestmentsGrossUnrealizedLoss
|
-50000 | |
CY2012Q2 | ceco |
Cash And Cash Equivalents At Cost
CashAndCashEquivalentsAtCost
|
208940000 | |
us-gaap |
Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
|
-60661000 | ||
us-gaap |
Payments For Proceeds From Productive Assets
PaymentsForProceedsFromProductiveAssets
|
-6259000 | ||
CY2012Q2 | ceco |
Cash And Cash Equivalents Gross Unrealized Gain
CashAndCashEquivalentsGrossUnrealizedGain
|
372000 | |
CY2012Q2 | ceco |
Cash And Cash Equivalents Gross Unrealized Loss
CashAndCashEquivalentsGrossUnrealizedLoss
|
||
CY2012Q2 | ceco |
Cash At Cost
CashAtCost
|
107304000 | |
CY2012Q2 | ceco |
Cash Gross Unrealized Gain
CashGrossUnrealizedGain
|
||
CY2010Q4 | ceco |
Disposal Group Including Discontinued Operation Remaining Lease Obligations
DisposalGroupIncludingDiscontinuedOperationRemainingLeaseObligations
|
50378000 | |
CY2011Q4 | us-gaap |
Accounts Receivable Net Noncurrent
AccountsReceivableNetNoncurrent
|
9297000 | |
CY2011Q4 | us-gaap |
Treasury Stock Shares
TreasuryStockShares
|
8345245 | shares |
CY2011Q4 | us-gaap |
Common Stock Shares Authorized
CommonStockSharesAuthorized
|
300000000 | shares |
CY2012Q2 | ceco |
Cash Gross Unrealized Loss
CashGrossUnrealizedLoss
|
||
CY2012Q2 | ceco |
Amount Of Net Student Receivables Related To Extended Payment Plans
AmountOfNetStudentReceivablesRelatedToExtendedPaymentPlans
|
5300000 | |
CY2012Q2 | ceco |
Disposal Group Including Discontinued Operation Deferred Income Tax Assets Current
DisposalGroupIncludingDiscontinuedOperationDeferredIncomeTaxAssetsCurrent
|
3224000 | |
CY2012Q2 | ceco |
Disposal Group Including Discontinued Operation Remaining Lease Obligations
DisposalGroupIncludingDiscontinuedOperationRemainingLeaseObligations
|
41215000 | |
CY2012Q2 | ceco |
Disposal Group Including Discontinued Operation Remaining Lease Obligations Current
DisposalGroupIncludingDiscontinuedOperationRemainingLeaseObligationsCurrent
|
11072000 | |
CY2012Q2 | ceco |
Disposal Group Including Discontinued Operation Remaining Lease Obligations Noncurrent
DisposalGroupIncludingDiscontinuedOperationRemainingLeaseObligationsNoncurrent
|
30143000 | |
CY2012Q2 | ceco |
Money Market Funds Gross Unrealized Gain
MoneyMarketFundsGrossUnrealizedGain
|
372000 | |
CY2012Q2 | ceco |
Money Market Funds Gross Unrealized Loss
MoneyMarketFundsGrossUnrealizedLoss
|
||
CY2012Q2 | ceco |
Money Market Funds At Cost
MoneyMarketFundsAtCost
|
101636000 | |
CY2012Q2 | ceco |
Number Of Campuses
NumberOfCampuses
|
90 | pure |
CY2012Q2 | ceco |
Number Of Student Plaintiffs
NumberOfStudentPlaintiffs
|
5 | pure |
CY2012Q2 | ceco |
Population Of Students
PopulationOfStudents
|
75000 | pure |
CY2012Q2 | ceco |
Outstanding Net Recourse Loan Receivable Noncurrent
OutstandingNetRecourseLoanReceivableNoncurrent
|
3000000 | |
CY2012Q2 | ceco |
Number Of Shares To Reduce Shares Available To Grant By Upon Vesting Of Restricted Stock Units.
NumberOfSharesToReduceSharesAvailableToGrantByUponVestingOfRestrictedStockUnits.
|
1300000 | shares |
CY2012Q2 | ceco |
Number Of Individuals Who Did Not Belong In Class
NumberOfIndividualsWhoDidNotBelongInClass
|
300 | pure |
CY2010Q4 | us-gaap |
Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
|
90939000 | |
CY2010Q4 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
260644000 | |
CY2010Q4 | us-gaap |
Disposal Group Including Discontinued Operation Cash And Cash Equivalents
DisposalGroupIncludingDiscontinuedOperationCashAndCashEquivalents
|
28838000 | |
CY2011Q4 | us-gaap |
Other Assets Current
OtherAssetsCurrent
|
17769000 | |
CY2011Q4 | us-gaap |
Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
|
64953000 | |
CY2011Q4 | us-gaap |
Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
|
41853000 | |
CY2011Q4 | us-gaap |
Cash Cash Equivalents And Short Term Investments
CashCashEquivalentsAndShortTermInvestments
|
441199000 | |
CY2011Q4 | us-gaap |
Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
|
1000000 | shares |
CY2011Q4 | us-gaap |
Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
-5136000 | |
CY2011Q4 | us-gaap |
Liabilities Current
LiabilitiesCurrent
|
329443000 | |
CY2011Q4 | us-gaap |
Assets Of Disposal Group Including Discontinued Operation
AssetsOfDisposalGroupIncludingDiscontinuedOperation
|
20429000 | |
CY2011Q4 | us-gaap |
Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
|
74500000 | |
CY2011Q4 | us-gaap |
Long Term Debt And Capital Lease Obligations
LongTermDebtAndCapitalLeaseObligations
|
207000 | |
CY2011Q4 | us-gaap |
Deferred Revenue Current
DeferredRevenueCurrent
|
144947000 | |
CY2011Q4 | us-gaap |
Deferred Tax Assets Net Noncurrent
DeferredTaxAssetsNetNoncurrent
|
9522000 | |
CY2011Q4 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
375607000 | |
CY2011Q4 | us-gaap |
Assets
Assets
|
1316120000 | |
CY2011Q4 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
280592000 | |
CY2011Q4 | us-gaap |
Assets Of Disposal Group Including Discontinued Operation Noncurrent
AssetsOfDisposalGroupIncludingDiscontinuedOperationNoncurrent
|
17101000 | |
CY2011Q4 | us-gaap |
Short Term Investments
ShortTermInvestments
|
160607000 | |
CY2011Q4 | us-gaap |
Disposal Group Including Discontinued Operation Other Noncurrent Assets
DisposalGroupIncludingDiscontinuedOperationOtherNoncurrentAssets
|
1680000 | |
CY2011Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
|
27.79 | |
CY2011Q4 | us-gaap |
Money Market Funds At Carrying Value
MoneyMarketFundsAtCarryingValue
|
123275000 | |
CY2011Q4 | us-gaap |
Accounts Receivable Net Current
AccountsReceivableNetCurrent
|
60573000 | |
CY2011Q4 | us-gaap |
Inventory Net
InventoryNet
|
11356000 | |
CY2011Q4 | us-gaap |
Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
|
43891000 | |
CY2011Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
|
3353000 | shares |
CY2011Q4 | us-gaap |
Other Assets Noncurrent
OtherAssetsNoncurrent
|
30122000 | |
CY2011Q4 | us-gaap |
Prepaid Expense Current
PrepaidExpenseCurrent
|
62399000 | |
CY2011Q4 | us-gaap |
Loss Contingency Accrual At Carrying Value
LossContingencyAccrualAtCarryingValue
|
15400000 | |
CY2011Q4 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
1316120000 | |
CY2011Q4 | us-gaap |
Common Stock Shares Issued
CommonStockSharesIssued
|
81966793 | shares |
CY2011Q4 | us-gaap |
Liabilities Of Disposal Group Including Discontinued Operation Noncurrent
LiabilitiesOfDisposalGroupIncludingDiscontinuedOperationNoncurrent
|
37935000 | |
CY2011Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber
|
1797000 | shares |
CY2011Q4 | us-gaap |
Common Stock Value
CommonStockValue
|
820000 | |
CY2011Q4 | us-gaap |
Deferred Rent Credit Noncurrent
DeferredRentCreditNoncurrent
|
102079000 | |
CY2011Q4 | us-gaap |
Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
|
0 | shares |
CY2011Q4 | us-gaap |
Disposal Group Including Discontinued Operation Accounts Payable
DisposalGroupIncludingDiscontinuedOperationAccountsPayable
|
3000 | |
CY2011Q4 | us-gaap |
Goodwill
Goodwill
|
212626000 | |
CY2011Q4 | us-gaap |
Liabilities Of Disposal Group Including Discontinued Operation Current
LiabilitiesOfDisposalGroupIncludingDiscontinuedOperationCurrent
|
8403000 | |
CY2011Q4 | us-gaap |
Available For Sale Securities Amortized Cost
AvailableForSaleSecuritiesAmortizedCost
|
160610000 | |
CY2011Q4 | us-gaap |
Liabilities Noncurrent
LiabilitiesNoncurrent
|
180586000 | |
CY2011Q4 | us-gaap |
Accrued Advertising Current
AccruedAdvertisingCurrent
|
17717000 | |
CY2011Q4 | us-gaap |
Allowance For Doubtful Accounts Receivable Noncurrent
AllowanceForDoubtfulAccountsReceivableNoncurrent
|
21062000 | |
CY2011Q4 | us-gaap |
Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
|
77186000 | |
CY2011Q4 | us-gaap |
Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Value
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue
|
10415000 | |
CY2011Q4 | us-gaap |
Cash
Cash
|
157317000 | |
CY2011Q4 | us-gaap |
Deferred Tax Assets Net Current
DeferredTaxAssetsNetCurrent
|
10940000 | |
CY2011Q4 | us-gaap |
Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
|
0.01 | |
CY2011Q4 | us-gaap |
Treasury Stock Value
TreasuryStockValue
|
156275000 | |
CY2011Q4 | us-gaap |
Preferred Stock Shares Issued
PreferredStockSharesIssued
|
0 | shares |
CY2011Q4 | us-gaap |
Preferred Stock Value
PreferredStockValue
|
||
CY2011Q4 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
349788000 | |
CY2011Q4 | us-gaap |
Common Stock Shares Outstanding
CommonStockSharesOutstanding
|
73621548 | shares |
CY2011Q4 | us-gaap |
Assets Current
AssetsCurrent
|
610478000 | |
CY2011Q4 | us-gaap |
Other Receivables
OtherReceivables
|
2914000 | |
CY2011Q4 | us-gaap |
Additional Paid In Capital
AdditionalPaidInCapital
|
590965000 | |
CY2011Q4 | us-gaap |
Disposal Group Including Discontinued Operation Accounts Notes And Loans Receivable Net
DisposalGroupIncludingDiscontinuedOperationAccountsNotesAndLoansReceivableNet
|
104000 | |
CY2011Q4 | us-gaap |
Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
|
67271000 | |
CY2011Q4 | us-gaap |
Disposal Group Including Discontinued Operation Accrued Liabilities
DisposalGroupIncludingDiscontinuedOperationAccruedLiabilities
|
498000 | |
CY2011Q4 | us-gaap |
Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
|
0.01 | |
CY2011Q4 | us-gaap |
Liabilities Of Disposal Group Including Discontinued Operation
LiabilitiesOfDisposalGroupIncludingDiscontinuedOperation
|
46338000 | |
CY2011Q4 | us-gaap |
Available For Sale Securities Fair Value Disclosure
AvailableForSaleSecuritiesFairValueDisclosure
|
171022000 | |
CY2011Q4 | us-gaap |
Temporary Equity Carrying Amount Attributable To Parent
TemporaryEquityCarryingAmountAttributableToParent
|
110000 | |
CY2011Q4 | us-gaap |
Disposal Group Including Discontinued Operation Deferred Tax Assets
DisposalGroupIncludingDiscontinuedOperationDeferredTaxAssets
|
15421000 | |
CY2011Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
805981000 | |
CY2011Q4 | us-gaap |
Assets Of Disposal Group Including Discontinued Operation Current
AssetsOfDisposalGroupIncludingDiscontinuedOperationCurrent
|
3328000 | |
CY2011Q4 | us-gaap |
Long Term Debt And Capital Lease Obligations Current
LongTermDebtAndCapitalLeaseObligationsCurrent
|
844000 | |
CY2011Q4 | us-gaap |
Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
|
40365000 | |
CY2011Q4 | us-gaap |
Accounts Payable Current
AccountsPayableCurrent
|
48408000 | |
CY2011Q4 | ceco |
Cash And Cash Equivalents And Short Term Investments At Cost
CashAndCashEquivalentsAndShortTermInvestmentsAtCost
|
440754000 | |
CY2011Q4 | ceco |
Cash And Cash Equivalents And Short Term Investments Gross Unrealized Gain
CashAndCashEquivalentsAndShortTermInvestmentsGrossUnrealizedGain
|
479000 | |
CY2011Q4 | ceco |
Cash And Cash Equivalents And Short Term Investments Gross Unrealized Loss
CashAndCashEquivalentsAndShortTermInvestmentsGrossUnrealizedLoss
|
-34000 | |
CY2011Q4 | ceco |
Cash And Cash Equivalents At Cost
CashAndCashEquivalentsAtCost
|
280144000 | |
CY2011Q4 | ceco |
Cash And Cash Equivalents Gross Unrealized Gain
CashAndCashEquivalentsGrossUnrealizedGain
|
448000 | |
CY2011Q4 | ceco |
Cash And Cash Equivalents Gross Unrealized Loss
CashAndCashEquivalentsGrossUnrealizedLoss
|
||
CY2011Q4 | ceco |
Cash At Cost
CashAtCost
|
157317000 | |
CY2011Q4 | ceco |
Cash Gross Unrealized Gain
CashGrossUnrealizedGain
|
||
CY2011Q4 | ceco |
Cash Gross Unrealized Loss
CashGrossUnrealizedLoss
|
||
CY2011Q4 | ceco |
Amount Of Net Student Receivables Related To Extended Payment Plans
AmountOfNetStudentReceivablesRelatedToExtendedPaymentPlans
|
6100000 | |
CY2011Q4 | ceco |
Disposal Group Including Discontinued Operation Deferred Income Tax Assets Current
DisposalGroupIncludingDiscontinuedOperationDeferredIncomeTaxAssetsCurrent
|
3224000 | |
CY2011Q4 | ceco |
Disposal Group Including Discontinued Operation Remaining Lease Obligations
DisposalGroupIncludingDiscontinuedOperationRemainingLeaseObligations
|
45837000 | |
CY2011Q4 | ceco |
Disposal Group Including Discontinued Operation Remaining Lease Obligations Current
DisposalGroupIncludingDiscontinuedOperationRemainingLeaseObligationsCurrent
|
7902000 | |
CY2011Q4 | ceco |
Disposal Group Including Discontinued Operation Remaining Lease Obligations Noncurrent
DisposalGroupIncludingDiscontinuedOperationRemainingLeaseObligationsNoncurrent
|
37935000 | |
CY2011Q4 | ceco |
Money Market Funds Gross Unrealized Gain
MoneyMarketFundsGrossUnrealizedGain
|
448000 | |
CY2011Q4 | ceco |
Money Market Funds Gross Unrealized Loss
MoneyMarketFundsGrossUnrealizedLoss
|
||
CY2011Q4 | ceco |
Money Market Funds At Cost
MoneyMarketFundsAtCost
|
122827000 | |
CY2011Q4 | ceco |
Outstanding Net Recourse Loan Receivable Noncurrent
OutstandingNetRecourseLoanReceivableNoncurrent
|
3200000 | |
us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
1785000 | ||
us-gaap |
Goodwill And Intangible Asset Impairment
GoodwillAndIntangibleAssetImpairment
|
2676000 | ||
us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
40873000 | ||
us-gaap |
Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
|
10680000 | ||
us-gaap |
Proceeds From Repayments Of Long Term Debt And Capital Securities
ProceedsFromRepaymentsOfLongTermDebtAndCapitalSecurities
|
-744000 | ||
us-gaap |
Income Loss From Discontinued Operations Net Of Tax Per Basic Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare
|
0.06 | ||
us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-50358000 | ||
us-gaap |
Investment Income Interest
InvestmentIncomeInterest
|
486000 | ||
us-gaap |
Stock Issued During Period Shares Employee Stock Purchase Plans
StockIssuedDuringPeriodSharesEmployeeStockPurchasePlans
|
100000 | shares | |
us-gaap |
Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
|
179701000 | ||
us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
75507000 | shares | |
us-gaap |
Increase Decrease In Operating Capital
IncreaseDecreaseInOperatingCapital
|
90730000 | ||
us-gaap |
Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare
|
0.06 | ||
us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
0.349 | pure | |
us-gaap |
Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
|
11492000 | ||
us-gaap |
Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
|
190381000 | ||
us-gaap |
Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
|
124014000 | ||
us-gaap |
Share Based Compensation
ShareBasedCompensation
|
8488000 | ||
us-gaap |
Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
|
26848000 | ||
us-gaap |
Depreciation And Amortization
DepreciationAndAmortization
|
40407000 | ||
us-gaap |
Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
|
46000 | ||
ceco |
Shares That Have Anti Dilutive Effect On Diluted Net Income Per Share
SharesThatHaveAntiDilutiveEffectOnDilutedNetIncomePerShare
|
2700000 | shares | |
us-gaap |
Other Sales Revenue Net
OtherSalesRevenueNet
|
37441000 | ||
us-gaap |
Proceeds From Sale Of Available For Sale Securities
ProceedsFromSaleOfAvailableForSaleSecurities
|
109894000 | ||
us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
188186000 | ||
us-gaap |
Discontinued Operation Income Loss From Discontinued Operation Before Income Tax
DiscontinuedOperationIncomeLossFromDiscontinuedOperationBeforeIncomeTax
|
6565000 | ||
us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
1.70 | ||
us-gaap |
Gains Losses On Sales Of Other Real Estate
GainsLossesOnSalesOfOtherRealEstate
|
1400000 | ||
us-gaap |
Net Income Loss
NetIncomeLoss
|
128388000 | ||
us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
2195000 | ||
us-gaap |
Costs And Expenses
CostsAndExpenses
|
828392000 | ||
us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
1.69 | ||
us-gaap |
Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
|
129879000 | ||
us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
461666000 | ||
us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
76174000 | shares | |
us-gaap |
Other Payments To Acquire Businesses
OtherPaymentsToAcquireBusinesses
|
8509000 | ||
us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
-127276000 | ||
us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
139926000 | ||
us-gaap |
Disposal Group Including Discontinued Operation Revenue
DisposalGroupIncludingDiscontinuedOperationRevenue
|
23977000 | ||
us-gaap |
Revenues
Revenues
|
1016578000 | ||
us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
66367000 | ||
us-gaap |
Effect Of Exchange Rate On Cash And Cash Equivalents
EffectOfExchangeRateOnCashAndCashEquivalents
|
2221000 | ||
us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
47886000 | ||
us-gaap |
Insurance Recoveries
InsuranceRecoveries
|
7000000 | ||
us-gaap |
Excess Tax Benefit From Share Based Compensation Financing Activities
ExcessTaxBenefitFromShareBasedCompensationFinancingActivities
|
322000 | ||
us-gaap |
Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
|
1.63 | ||
us-gaap |
Payments To Acquire Available For Sale Securities
PaymentsToAcquireAvailableForSaleSecurities
|
110162000 | ||
us-gaap |
Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
|
-46000 | ||
us-gaap |
Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
|
1777000 | ||
us-gaap |
Proceeds From Recoveries Of Loan Previously Charged Off
ProceedsFromRecoveriesOfLoanPreviouslyChargedOff
|
5900000 | ||
us-gaap |
Interest Expense
InterestExpense
|
76000 | ||
us-gaap |
Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
|
11538000 | ||
us-gaap |
Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
|
3025000 | ||
us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
114752000 | ||
us-gaap |
Discontinued Operation Tax Effect Of Discontinued Operation
DiscontinuedOperationTaxEffectOfDiscontinuedOperation
|
2191000 | ||
us-gaap |
Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
|
1.64 | ||
us-gaap |
Income Loss From Discontinued Operations Net Of Tax
IncomeLossFromDiscontinuedOperationsNetOfTax
|
4374000 | ||
ceco |
Educational Services And Facilities Expense
EducationalServicesAndFacilitiesExpense
|
323643000 | ||
ceco |
Provision For Doubtful Accounts Including Discontinued Operations
ProvisionForDoubtfulAccountsIncludingDiscontinuedOperations
|
26834000 | ||
ceco |
Remaining Lease Obligations Incurred
RemainingLeaseObligationsIncurred
|
819000 | ||
ceco |
Remaining Lease Obligations Net Cash Payments
RemainingLeaseObligationsNetCashPayments
|
5834000 | ||
ceco |
Remaining Lease Obligations Other
RemainingLeaseObligationsOther
|
1468000 | ||
ceco |
Revenue From Tuition And Registration Fees
RevenueFromTuitionAndRegistrationFees
|
979137000 | ||
ceco |
Accounts Receivable Write Offs
AccountsReceivableWriteOffs
|
39739000 | ||
ceco |
Common Stock Equivalents
CommonStockEquivalents
|
667000 | shares | |
dei |
Document Fiscal Period Focus
DocumentFiscalPeriodFocus
|
Q2 | ||
us-gaap |
Payments To Acquire Available For Sale Securities
PaymentsToAcquireAvailableForSaleSecurities
|
108198000 | ||
us-gaap |
Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
|
120000 | ||
dei |
Document Fiscal Year Focus
DocumentFiscalYearFocus
|
2012 | ||
dei |
Document Type
DocumentType
|
10-Q | ||
dei |
Document Period End Date
DocumentPeriodEndDate
|
2012-06-30 | ||
dei |
Entity Central Index Key
EntityCentralIndexKey
|
0001046568 | ||
dei |
Current Fiscal Year End Date
CurrentFiscalYearEndDate
|
--12-31 | ||
dei |
Trading Symbol
TradingSymbol
|
ceco | ||
dei |
Entity Registrant Name
EntityRegistrantName
|
CAREER EDUCATION CORP | ||
dei |
Amendment Flag
AmendmentFlag
|
false | ||
dei |
Entity Filer Category
EntityFilerCategory
|
Large Accelerated Filer | ||
us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
-77000 | ||
us-gaap |
Repayments Of Assumed Debt
RepaymentsOfAssumedDebt
|
318000 | ||
us-gaap |
Goodwill And Intangible Asset Impairment
GoodwillAndIntangibleAssetImpairment
|
85661000 | ||
us-gaap |
Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
|
shares | ||
us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
40126000 | ||
us-gaap |
Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
|
8797000 | ||
us-gaap |
Proceeds From Repayments Of Long Term Debt And Capital Securities
ProceedsFromRepaymentsOfLongTermDebtAndCapitalSecurities
|
-641000 | ||
us-gaap |
Income Loss From Discontinued Operations Net Of Tax Per Basic Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare
|
-0.01 | ||
us-gaap |
Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
|
2873000 | ||
us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-28811000 | ||
us-gaap |
Investment Income Interest
InvestmentIncomeInterest
|
740000 | ||
us-gaap |
Stock Issued During Period Shares Employee Stock Purchase Plans
StockIssuedDuringPeriodSharesEmployeeStockPurchasePlans
|
100000 | shares | |
us-gaap |
Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
|
|||
us-gaap |
Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
|
-69665000 | ||
us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
66439000 | shares | |
us-gaap |
Increase Decrease In Operating Capital
IncreaseDecreaseInOperatingCapital
|
84853000 | ||
us-gaap |
Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare
|
-0.01 | ||
us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
0.221 | pure | |
us-gaap |
Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
|
56400000 | ||
us-gaap |
Depreciation And Amortization
DepreciationAndAmortization
|
40126000 | ||
us-gaap |
Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
|
-71280000 | ||
us-gaap |
Treasury Stock Shares Acquired
TreasuryStockSharesAcquired
|
6100000 | shares | |
us-gaap |
Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
|
-4296000 | ||
us-gaap |
Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
|
-60868000 | ||
us-gaap |
Treasury Stock Acquired Average Cost Per Share
TreasuryStockAcquiredAverageCostPerShare
|
9.29 | ||
us-gaap |
Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
|
-47434000 | ||
us-gaap |
Share Based Compensation
ShareBasedCompensation
|
5735000 | ||
us-gaap |
Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
|
8.18 | ||
us-gaap |
Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
|
17810000 | ||
us-gaap |
Goodwill Translation Adjustments
GoodwillTranslationAdjustments
|
-1067000 | ||
us-gaap |
Stock Repurchase Program Remaining Authorized Repurchase Amount
StockRepurchaseProgramRemainingAuthorizedRepurchaseAmount
|
183300000 | ||
us-gaap |
Other Sales Revenue Net
OtherSalesRevenueNet
|
16617000 | ||
us-gaap |
Proceeds From Sale Of Available For Sale Securities
ProceedsFromSaleOfAvailableForSaleSecurities
|
108188000 | ||
us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
-61466000 | ||
us-gaap |
Discontinued Operation Income Loss From Discontinued Operation Before Income Tax
DiscontinuedOperationIncomeLossFromDiscontinuedOperationBeforeIncomeTax
|
-1393000 | ||
us-gaap |
Share Based Compensation Arrangements By Share Based Payment Award Options Forfeitures In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsForfeituresInPeriodWeightedAverageExercisePrice
|
17.88 | ||
us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-0.72 | ||
us-gaap |
Nature Of Operations
NatureOfOperations
|
<div> <p style="MARGIN-TOP: 12px; MARGIN-BOTTOM: 0px"><font style="FONT-FAMILY: Times New Roman" size="2"><b>1. DESCRIPTION OF THE COMPANY</b></font></p> <p style="MARGIN-TOP: 6px; TEXT-INDENT: 4%; MARGIN-BOTTOM: 0px"> <font style="FONT-FAMILY: Times New Roman" size="2">The colleges, schools and universities that are part of the Career Education Corporation (“CEC”) family offer high-quality education to a diverse student population of more than 75,000 students across the world in a variety of career-oriented disciplines through online, on-ground and hybrid learning program offerings. The more than 90 campuses that serve these students are located throughout the United States and in France, the United Kingdom and Monaco, and offer doctoral, master’s, bachelor’s and associate degrees and diploma and certificate programs.</font></p> <p style="MARGIN-TOP: 12px; TEXT-INDENT: 4%; MARGIN-BOTTOM: 0px"> <font style="FONT-FAMILY: Times New Roman" size="2">We are an industry leader whose institutions are recognized globally. Those institutions include, among others, American InterContinental University (“AIU”); Brooks Institute; Colorado Technical University (“CTU”); Harrington College of Design; INSEEC Group (“INSEEC”) Schools; International University of Monaco (“IUM”); International Academy of Design & Technology (“IADT”); Le Cordon Bleu North America (“LCB”); and Sanford-Brown Institutes and Colleges. Through our schools, we are committed to providing high-quality education, enabling students to graduate and pursue rewarding career opportunities.</font></p> <p style="MARGIN-TOP: 12px; TEXT-INDENT: 4%; MARGIN-BOTTOM: 0px"> <font style="FONT-FAMILY: Times New Roman" size="2">For more information, see our website at <i>www.careered.com</i>. The website includes a detailed listing of individual campus locations and web links to our colleges, schools and universities.</font></p> <p style="MARGIN-TOP: 12px; TEXT-INDENT: 4%; MARGIN-BOTTOM: 0px"> <font style="FONT-FAMILY: Times New Roman" size="2">As used in this Quarterly Report on Form 10-Q, the terms “we,” “us,” “our,” “the Company” and “CEC” refer to Career Education Corporation and our wholly-owned subsidiaries. The terms “school” and “university” refer to an individual, branded, proprietary educational institution, owned by us and includes its campus locations. The term “campus” refers to an individual main or branch campus operated by one of our schools or universities.</font></p> </div> | ||
us-gaap |
Net Income Loss
NetIncomeLoss
|
-48158000 | ||
us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
598000 | ||
us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriod
|
505000 | shares | |
us-gaap |
Goodwill Acquired During Period
GoodwillAcquiredDuringPeriod
|
2676000 | ||
us-gaap |
Costs And Expenses
CostsAndExpenses
|
864569000 | ||
us-gaap |
Share Based Compensation Arrangements By Share Based Payment Award Options Expirations In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExpirationsInPeriodWeightedAverageExercisePrice
|
23.39 | ||
us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-0.72 | ||
us-gaap |
Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
|
56431000 | ||
us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Expirations In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExpirationsInPeriod
|
-704000 | shares | |
us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
440249000 | ||
us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
66439000 | shares | |
us-gaap |
Other Payments To Acquire Businesses
OtherPaymentsToAcquireBusinesses
|
5818000 | ||
us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
-56507000 | ||
us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
-52574000 | ||
us-gaap |
Disposal Group Including Discontinued Operation Revenue
DisposalGroupIncludingDiscontinuedOperationRevenue
|
5000 | ||
us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Vested In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriod
|
-360000 | shares | |
us-gaap |
Revenues
Revenues
|
803103000 | ||
us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
-13434000 | ||
us-gaap |
Effect Of Exchange Rate On Cash And Cash Equivalents
EffectOfExchangeRateOnCashAndCashEquivalents
|
-2539000 | ||
us-gaap |
Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
|
-120000 | ||
us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Forfeited In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeitedInPeriod
|
-380000 | shares | |
us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod
|
1348000 | shares | |
us-gaap |
Fair Value Assets Measured On Recurring Basis Change In Unrealized Gain Loss Included In Investment Income
FairValueAssetsMeasuredOnRecurringBasisChangeInUnrealizedGainLossIncludedInInvestmentIncome
|
|||
us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
19990000 | ||
us-gaap |
Insurance Recoveries
InsuranceRecoveries
|
19000000 | ||
us-gaap |
Goodwill Impairment Loss
GoodwillImpairmentLoss
|
-83350000 | ||
us-gaap |
Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
|
-0.71 | ||
us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriod
|
-28000 | shares | |
us-gaap |
Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
|
-287000 | ||
us-gaap |
Proceeds From Recoveries Of Loan Previously Charged Off
ProceedsFromRecoveriesOfLoanPreviouslyChargedOff
|
5100000 | ||
us-gaap |
Interest Expense
InterestExpense
|
65000 | ||
us-gaap |
Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
|
-4416000 | ||
us-gaap |
Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
|
883000 | ||
us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
16577000 | ||
us-gaap |
Discontinued Operation Tax Effect Of Discontinued Operation
DiscontinuedOperationTaxEffectOfDiscontinuedOperation
|
-669000 | ||
us-gaap |
Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
|
-0.71 | ||
us-gaap |
Income Loss From Discontinued Operations Net Of Tax
IncomeLossFromDiscontinuedOperationsNetOfTax
|
-724000 | ||
us-gaap |
Available For Sale Securities Gross Realized Losses
AvailableForSaleSecuritiesGrossRealizedLosses
|
50000 | ||
ceco |
Lease Expiration Year
LeaseExpirationYear
|
2019 | ||
ceco |
Student Receivables Written Off Period
StudentReceivablesWrittenOffPeriod
|
Greater than 90 days | ||
ceco |
Estimated Pretax Compensation Expenses Expiration In Years
EstimatedPretaxCompensationExpensesExpirationInYears
|
four | ||
ceco |
Years Ars Auction Events Have Been Failing
YearsArsAuctionEventsHaveBeenFailing
|
3 | pure | |
ceco |
Number Of Mass Actions Filed
NumberOfMassActionsFiled
|
8 | pure | |
ceco |
Number Of Reporting Segments
NumberOfReportingSegments
|
6 | pure | |
ceco |
Business Acquisition Purchase Price Allocation Estimated Earn Out Payment Payable
BusinessAcquisitionPurchasePriceAllocationEstimatedEarnOutPaymentPayable
|
1600000 | ||
ceco |
Educational Services And Facilities Expense
EducationalServicesAndFacilitiesExpense
|
298533000 | ||
ceco |
Estimated Share Based Compensation Expense
EstimatedShareBasedCompensationExpense
|
20000000 | ||
ceco |
Goodwill Impairment Loss Deductible For Tax Purposes
GoodwillImpairmentLossDeductibleForTaxPurposes
|
8900000 | ||
ceco |
Provision For Doubtful Accounts Including Discontinued Operations
ProvisionForDoubtfulAccountsIncludingDiscontinuedOperations
|
17779000 | ||
ceco |
Remaining Lease Obligations Incurred
RemainingLeaseObligationsIncurred
|
713000 | ||
ceco |
Remaining Lease Obligations Net Cash Payments
RemainingLeaseObligationsNetCashPayments
|
5335000 | ||
ceco |
Revenue From Tuition And Registration Fees
RevenueFromTuitionAndRegistrationFees
|
786486000 | ||
ceco |
Accounts Receivable Write Offs
AccountsReceivableWriteOffs
|
29076000 | ||
ceco |
Combined Summary Results Of Operations For Discontinued Operations
CombinedSummaryResultsOfOperationsForDiscontinuedOperations
|
<div> <table style="BORDER-COLLAPSE: collapse" border="0" cellspacing="0" cellpadding="0" width="92%" align="center"> <tr> <td width="64%"></td> <td valign="bottom" width="4%"></td> <td></td> <td></td> <td></td> <td valign="bottom" width="4%"></td> <td></td> <td></td> <td></td> <td valign="bottom" width="4%"></td> <td></td> <td></td> <td></td> <td valign="bottom" width="4%"></td> <td></td> <td></td> <td></td> </tr> <tr> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font size="1">  </font></td> <td valign="bottom" colspan="6" align="center"><font style="FONT-FAMILY: Times New Roman" size="1"><b>For the Quarters Ended<br /> June 30,</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font size="1">  </font></td> <td valign="bottom" colspan="6" align="center"><font style="FONT-FAMILY: Times New Roman" size="1"><b>For the Years to Date Ended<br /> June 30,</b></font></td> <td valign="bottom"><font size="1"> </font></td> </tr> <tr> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font size="1">  </font></td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom" colspan="2" align="center"><font style="FONT-FAMILY: Times New Roman" size="1"><b>    2012    </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom" colspan="2" align="center"><font style="FONT-FAMILY: Times New Roman" size="1"><b>    2011    </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font size="1">  </font></td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom" colspan="2" align="center"><font style="FONT-FAMILY: Times New Roman" size="1"><b>    2012    </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom" colspan="2" align="center"><font style="FONT-FAMILY: Times New Roman" size="1"><b>    2011    </b></font></td> <td valign="bottom"><font size="1"> </font></td> </tr> <tr> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font size="1">  </font></td> <td valign="bottom" colspan="14" align="center"><font style="FONT-FAMILY: Times New Roman" size="1"><b>(Dollars in thousands)</b></font></td> <td valign="bottom"><font size="1"> </font></td> </tr> <tr bgcolor="#CCEEFF"> <td valign="top"> <p style="TEXT-INDENT: -1em; MARGIN-LEFT: 1em"><font style="FONT-FAMILY: Times New Roman" size="2">Revenue</font></p> </td> <td valign="bottom"><font size="1">  </font></td> <td valign="bottom"><font style="FONT-FAMILY: Times New Roman" size="2">$</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Times New Roman" size="2">—  </font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Times New Roman" size="2">  </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Times New Roman" size="2">$</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Times New Roman" size="2">12,313</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Times New Roman" size="2">  </font></td> <td valign="bottom"><font size="1">  </font></td> <td valign="bottom"><font style="FONT-FAMILY: Times New Roman" size="2">$</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Times New Roman" size="2">5</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Times New Roman" size="2">  </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Times New Roman" size="2">$</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Times New Roman" size="2">23,977</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Times New Roman" size="2">  </font></td> </tr> <tr style="FONT-SIZE: 1px"> <td valign="bottom"></td> <td valign="bottom">  </td> <td valign="bottom"> <p style="BORDER-TOP: #000000 3px double"> </p> </td> <td valign="bottom"> <p style="BORDER-TOP: #000000 3px double"> </p> </td> <td> </td> <td valign="bottom"> </td> <td valign="bottom"> <p style="BORDER-TOP: #000000 3px double"> </p> </td> <td valign="bottom"> <p style="BORDER-TOP: #000000 3px double"> </p> </td> <td> </td> <td valign="bottom">  </td> <td valign="bottom"> <p style="BORDER-TOP: #000000 3px double"> </p> </td> <td valign="bottom"> <p style="BORDER-TOP: #000000 3px double"> </p> </td> <td> </td> <td valign="bottom"> </td> <td valign="bottom"> <p style="BORDER-TOP: #000000 3px double"> </p> </td> <td valign="bottom"> <p style="BORDER-TOP: #000000 3px double"> </p> </td> <td> </td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1em; MARGIN-LEFT: 1em"><font style="FONT-FAMILY: Times New Roman" size="2">(Loss) income before income tax</font></p> </td> <td valign="bottom"><font size="1">  </font></td> <td valign="bottom"><font style="FONT-FAMILY: Times New Roman" size="2">$</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Times New Roman" size="2">(782</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Times New Roman" size="2">) </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Times New Roman" size="2">$</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Times New Roman" size="2">2,842</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Times New Roman" size="2">  </font></td> <td valign="bottom"><font size="1">  </font></td> <td valign="bottom"><font style="FONT-FAMILY: Times New Roman" size="2">$</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Times New Roman" size="2">(1,393</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Times New Roman" size="2">) </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Times New Roman" size="2">$</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Times New Roman" size="2">6,565</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Times New Roman" size="2">  </font></td> </tr> <tr bgcolor="#CCEEFF"> <td valign="top"> <p style="TEXT-INDENT: -1em; MARGIN-LEFT: 1em"><font style="FONT-FAMILY: Times New Roman" size="2">Income tax provision (benefit)</font> <font style="FONT-FAMILY: Times New Roman" size="1"><sup style="POSITION: relative; BOTTOM: 0.8ex; VERTICAL-ALIGN: baseline">(1)</sup></font></p> </td> <td valign="bottom"><font size="1">  </font></td> <td valign="bottom"><font style="FONT-FAMILY: Times New Roman" size="2"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Times New Roman" size="2">5,585</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Times New Roman" size="2">  </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Times New Roman" size="2"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Times New Roman" size="2">908</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Times New Roman" size="2">  </font></td> <td valign="bottom"><font size="1">  </font></td> <td valign="bottom"><font style="FONT-FAMILY: Times New Roman" size="2"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Times New Roman" size="2">(669</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Times New Roman" size="2">) </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Times New Roman" size="2"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Times New Roman" size="2">2,191</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Times New Roman" size="2">  </font></td> </tr> <tr style="FONT-SIZE: 1px"> <td valign="bottom"></td> <td valign="bottom">  </td> <td valign="bottom"> <p style="BORDER-TOP: #000000 1px solid"> </p> </td> <td valign="bottom"> <p style="BORDER-TOP: #000000 1px solid"> </p> </td> <td> </td> <td valign="bottom"> </td> <td valign="bottom"> <p style="BORDER-TOP: #000000 1px solid"> </p> </td> <td valign="bottom"> <p style="BORDER-TOP: #000000 1px solid"> </p> </td> <td> </td> <td valign="bottom">  </td> <td valign="bottom"> <p style="BORDER-TOP: #000000 1px solid"> </p> </td> <td valign="bottom"> <p style="BORDER-TOP: #000000 1px solid"> </p> </td> <td> </td> <td valign="bottom"> </td> <td valign="bottom"> <p style="BORDER-TOP: #000000 1px solid"> </p> </td> <td valign="bottom"> <p style="BORDER-TOP: #000000 1px solid"> </p> </td> <td> </td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1em; MARGIN-LEFT: 1em"><font style="FONT-FAMILY: Times New Roman" size="2">(Loss) income from discontinued operations, net of tax</font></p> </td> <td valign="bottom"><font size="1">  </font></td> <td valign="bottom"><font style="FONT-FAMILY: Times New Roman" size="2">$</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Times New Roman" size="2">(6,367</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Times New Roman" size="2">) </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Times New Roman" size="2">$</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Times New Roman" size="2">1,934</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Times New Roman" size="2">  </font></td> <td valign="bottom"><font size="1">  </font></td> <td valign="bottom"><font style="FONT-FAMILY: Times New Roman" size="2">$</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Times New Roman" size="2">(724</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Times New Roman" size="2">) </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Times New Roman" size="2">$</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Times New Roman" size="2">4,374</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Times New Roman" size="2">  </font></td> </tr> <tr style="FONT-SIZE: 1px"> <td valign="bottom"></td> <td valign="bottom">  </td> <td valign="bottom"> <p style="BORDER-TOP: #000000 3px double"> </p> </td> <td valign="bottom"> <p style="BORDER-TOP: #000000 3px double"> </p> </td> <td> </td> <td valign="bottom"> </td> <td valign="bottom"> <p style="BORDER-TOP: #000000 3px double"> </p> </td> <td valign="bottom"> <p style="BORDER-TOP: #000000 3px double"> </p> </td> <td> </td> <td valign="bottom">  </td> <td valign="bottom"> <p style="BORDER-TOP: #000000 3px double"> </p> </td> <td valign="bottom"> <p style="BORDER-TOP: #000000 3px double"> </p> </td> <td> </td> <td valign="bottom"> </td> <td valign="bottom"> <p style="BORDER-TOP: #000000 3px double"> </p> </td> <td valign="bottom"> <p style="BORDER-TOP: #000000 3px double"> </p> </td> <td> </td> </tr> </table> <p style="BORDER-BOTTOM: #000000 0.5pt solid; LINE-HEIGHT: 8px; MARGIN-TOP: 0px; WIDTH: 10%; MARGIN-BOTTOM: 2px">  </p> <table style="BORDER-COLLAPSE: collapse" border="0" cellspacing="0" cellpadding="0" width="100%"> <tr> <td valign="top" width="4%" align="left"><font style="FONT-FAMILY: Times New Roman" size="2">(1)</font></td> <td valign="top" align="left"><font style="FONT-FAMILY: Times New Roman" size="2">Amount represents the difference between the total consolidated income tax (benefit) provision, calculated by applying the estimated full-year consolidated effective tax rate to earnings/(losses) reported for the period, and the income tax (benefit) provision for continuing operations, calculated by applying the estimated full-year effective tax rate for continuing operations to pretax (loss) income from continuing operations for the period.</font></td> </tr> </table> </div> | ||
ceco |
Assets And Liabilities Of Discontinued Operations On Consolidated Balance Sheets
AssetsAndLiabilitiesOfDiscontinuedOperationsOnConsolidatedBalanceSheets
|
<div> <table style="BORDER-COLLAPSE: collapse" border="0" cellspacing="0" cellpadding="0" width="76%" align="center"> <tr> <td width="74%"></td> <td valign="bottom" width="7%"></td> <td></td> <td></td> <td></td> <td valign="bottom" width="7%"></td> <td></td> <td></td> <td></td> </tr> <tr> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font size="1">  </font></td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom" colspan="2" align="center"><font style="FONT-FAMILY: Times New Roman" size="1"><b>June 30,<br /> 2012</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font size="1">  </font></td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom" colspan="2" align="center"><font style="FONT-FAMILY: Times New Roman" size="1"><b>December 31,<br /> 2011</b></font></td> <td valign="bottom"><font size="1"> </font></td> </tr> <tr> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font size="1">  </font></td> <td valign="bottom" colspan="2" align="center"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font size="1">  </font></td> <td valign="bottom" colspan="2"><font size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> </tr> <tr> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font size="1">  </font></td> <td valign="bottom" colspan="6" align="center"><font style="FONT-FAMILY: Times New Roman" size="1"><b>(Dollars in thousands)</b></font></td> <td valign="bottom"><font size="1"> </font></td> </tr> <tr bgcolor="#CCEEFF"> <td valign="top"> <p style="TEXT-INDENT: -1em; MARGIN-LEFT: 1em"><font style="FONT-FAMILY: Times New Roman" size="2"><b>Assets:</b></font></p> </td> <td valign="bottom"><font size="1">  </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1">  </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1em; MARGIN-LEFT: 1em"><font style="FONT-FAMILY: Times New Roman" size="2">Current assets:</font></p> </td> <td valign="bottom"><font size="1">  </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1">  </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td> </tr> <tr bgcolor="#CCEEFF"> <td valign="top"> <p style="TEXT-INDENT: -1em; MARGIN-LEFT: 3em"><font style="FONT-FAMILY: Times New Roman" size="2">Receivables, net</font></p> </td> <td valign="bottom"><font size="1">  </font></td> <td valign="bottom"><font style="FONT-FAMILY: Times New Roman" size="2">$</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Times New Roman" size="2">58</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Times New Roman" size="2">  </font></td> <td valign="bottom"><font size="1">  </font></td> <td valign="bottom"><font style="FONT-FAMILY: Times New Roman" size="2">$</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Times New Roman" size="2">104</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Times New Roman" size="2">  </font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1em; MARGIN-LEFT: 3em"><font style="FONT-FAMILY: Times New Roman" size="2">Deferred income tax assets</font></p> </td> <td valign="bottom"><font size="1">  </font></td> <td valign="bottom"><font style="FONT-FAMILY: Times New Roman" size="2"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Times New Roman" size="2">3,224</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Times New Roman" size="2">  </font></td> <td valign="bottom"><font size="1">  </font></td> <td valign="bottom"><font style="FONT-FAMILY: Times New Roman" size="2"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Times New Roman" size="2">3,224</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Times New Roman" size="2">  </font></td> </tr> <tr style="FONT-SIZE: 1px"> <td valign="bottom"></td> <td valign="bottom">  </td> <td valign="bottom"> <p style="BORDER-TOP: #000000 1px solid"> </p> </td> <td valign="bottom"> <p style="BORDER-TOP: #000000 1px solid"> </p> </td> <td> </td> <td valign="bottom">  </td> <td valign="bottom"> <p style="BORDER-TOP: #000000 1px solid"> </p> </td> <td valign="bottom"> <p style="BORDER-TOP: #000000 1px solid"> </p> </td> <td> </td> </tr> <tr bgcolor="#CCEEFF"> <td valign="top"> <p style="TEXT-INDENT: -1em; MARGIN-LEFT: 5em"><font style="FONT-FAMILY: Times New Roman" size="2">Total current assets</font></p> </td> <td valign="bottom"><font size="1">  </font></td> <td valign="bottom"><font style="FONT-FAMILY: Times New Roman" size="2"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Times New Roman" size="2">3,282</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Times New Roman" size="2">  </font></td> <td valign="bottom"><font size="1">  </font></td> <td valign="bottom"><font style="FONT-FAMILY: Times New Roman" size="2"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Times New Roman" size="2">3,328</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Times New Roman" size="2">  </font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1em; MARGIN-LEFT: 1em"><font style="FONT-FAMILY: Times New Roman" size="2">Non-current assets:</font></p> </td> <td valign="bottom"><font size="1">  </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1">  </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td> </tr> <tr bgcolor="#CCEEFF"> <td valign="top"> <p style="TEXT-INDENT: -1em; MARGIN-LEFT: 3em"><font style="FONT-FAMILY: Times New Roman" size="2">Deferred income tax assets</font></p> </td> <td valign="bottom"><font size="1">  </font></td> <td valign="bottom"><font style="FONT-FAMILY: Times New Roman" size="2"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Times New Roman" size="2">15,421</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Times New Roman" size="2">  </font></td> <td valign="bottom"><font size="1">  </font></td> <td valign="bottom"><font style="FONT-FAMILY: Times New Roman" size="2"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Times New Roman" size="2">15,421</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Times New Roman" size="2">  </font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1em; MARGIN-LEFT: 3em"><font style="FONT-FAMILY: Times New Roman" size="2">Other assets, net</font></p> </td> <td valign="bottom"><font size="1">  </font></td> <td valign="bottom"><font style="FONT-FAMILY: Times New Roman" size="2"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Times New Roman" size="2">1,560</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Times New Roman" size="2">  </font></td> <td valign="bottom"><font size="1">  </font></td> <td valign="bottom"><font style="FONT-FAMILY: Times New Roman" size="2"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Times New Roman" size="2">1,680</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Times New Roman" size="2">  </font></td> </tr> <tr style="FONT-SIZE: 1px"> <td valign="bottom"></td> <td valign="bottom">  </td> <td valign="bottom"> <p style="BORDER-TOP: #000000 1px solid"> </p> </td> <td valign="bottom"> <p style="BORDER-TOP: #000000 1px solid"> </p> </td> <td> </td> <td valign="bottom">  </td> <td valign="bottom"> <p style="BORDER-TOP: #000000 1px solid"> </p> </td> <td valign="bottom"> <p style="BORDER-TOP: #000000 1px solid"> </p> </td> <td> </td> </tr> <tr bgcolor="#CCEEFF"> <td valign="top"> <p style="TEXT-INDENT: -1em; MARGIN-LEFT: 1em"><font style="FONT-FAMILY: Times New Roman" size="2"><b>Total assets of discontinued operations</b></font></p> </td> <td valign="bottom"><font size="1">  </font></td> <td valign="bottom"><font style="FONT-FAMILY: Times New Roman" size="2">$</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Times New Roman" size="2">20,263</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Times New Roman" size="2">  </font></td> <td valign="bottom"><font size="1">  </font></td> <td valign="bottom"><font style="FONT-FAMILY: Times New Roman" size="2">$</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Times New Roman" size="2">20,429</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Times New Roman" size="2">  </font></td> </tr> <tr style="FONT-SIZE: 1px"> <td valign="bottom"></td> <td valign="bottom">  </td> <td valign="bottom"> <p style="BORDER-TOP: #000000 3px double"> </p> </td> <td valign="bottom"> <p style="BORDER-TOP: #000000 3px double"> </p> </td> <td> </td> <td valign="bottom">  </td> <td valign="bottom"> <p style="BORDER-TOP: #000000 3px double"> </p> </td> <td valign="bottom"> <p style="BORDER-TOP: #000000 3px double"> </p> </td> <td> </td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1em; MARGIN-LEFT: 1em"><font style="FONT-FAMILY: Times New Roman" size="2"><b>Liabilities:</b></font></p> </td> <td valign="bottom"><font size="1">  </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1">  </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td> </tr> <tr bgcolor="#CCEEFF"> <td valign="top"> <p style="TEXT-INDENT: -1em; MARGIN-LEFT: 1em"><font style="FONT-FAMILY: Times New Roman" size="2">Current liabilities:</font></p> </td> <td valign="bottom"><font size="1">  </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1">  </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1em; MARGIN-LEFT: 3em"><font style="FONT-FAMILY: Times New Roman" size="2">Accounts payable</font></p> </td> <td valign="bottom"><font size="1">  </font></td> <td valign="bottom"><font style="FONT-FAMILY: Times New Roman" size="2">$</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Times New Roman" size="2">—  </font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Times New Roman" size="2">  </font></td> <td valign="bottom"><font size="1">  </font></td> <td valign="bottom"><font style="FONT-FAMILY: Times New Roman" size="2">$</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Times New Roman" size="2">3</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Times New Roman" size="2">  </font></td> </tr> <tr bgcolor="#CCEEFF"> <td valign="top"> <p style="TEXT-INDENT: -1em; MARGIN-LEFT: 3em"><font style="FONT-FAMILY: Times New Roman" size="2">Accrued expenses</font></p> </td> <td valign="bottom"><font size="1">  </font></td> <td valign="bottom"><font style="FONT-FAMILY: Times New Roman" size="2"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Times New Roman" size="2">—  </font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Times New Roman" size="2">  </font></td> <td valign="bottom"><font size="1">  </font></td> <td valign="bottom"><font style="FONT-FAMILY: Times New Roman" size="2"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Times New Roman" size="2">498</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Times New Roman" size="2">  </font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1em; MARGIN-LEFT: 3em"><font style="FONT-FAMILY: Times New Roman" size="2">Remaining lease obligations</font></p> </td> <td valign="bottom"><font size="1">  </font></td> <td valign="bottom"><font style="FONT-FAMILY: Times New Roman" size="2"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Times New Roman" size="2">11,072</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Times New Roman" size="2">  </font></td> <td valign="bottom"><font size="1">  </font></td> <td valign="bottom"><font style="FONT-FAMILY: Times New Roman" size="2"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Times New Roman" size="2">7,902</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Times New Roman" size="2">  </font></td> </tr> <tr style="FONT-SIZE: 1px"> <td valign="bottom"></td> <td valign="bottom">  </td> <td valign="bottom"> <p style="BORDER-TOP: #000000 1px solid"> </p> </td> <td valign="bottom"> <p style="BORDER-TOP: #000000 1px solid"> </p> </td> <td> </td> <td valign="bottom">  </td> <td valign="bottom"> <p style="BORDER-TOP: #000000 1px solid"> </p> </td> <td valign="bottom"> <p style="BORDER-TOP: #000000 1px solid"> </p> </td> <td> </td> </tr> <tr bgcolor="#CCEEFF"> <td valign="top"> <p style="TEXT-INDENT: -1em; MARGIN-LEFT: 5em"><font style="FONT-FAMILY: Times New Roman" size="2">Total current liabilities</font></p> </td> <td valign="bottom"><font size="1">  </font></td> <td valign="bottom"><font style="FONT-FAMILY: Times New Roman" size="2"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Times New Roman" size="2">11,072</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Times New Roman" size="2">  </font></td> <td valign="bottom"><font size="1">  </font></td> <td valign="bottom"><font style="FONT-FAMILY: Times New Roman" size="2"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Times New Roman" size="2">8,403</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Times New Roman" size="2">  </font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1em; MARGIN-LEFT: 1em"><font style="FONT-FAMILY: Times New Roman" size="2">Non-current liabilities:</font></p> </td> <td valign="bottom"><font size="1">  </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1">  </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td> </tr> <tr bgcolor="#CCEEFF"> <td valign="top"> <p style="TEXT-INDENT: -1em; MARGIN-LEFT: 3em"><font style="FONT-FAMILY: Times New Roman" size="2">Remaining lease obligations</font></p> </td> <td valign="bottom"><font size="1">  </font></td> <td valign="bottom"><font style="FONT-FAMILY: Times New Roman" size="2"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Times New Roman" size="2">30,143</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Times New Roman" size="2">  </font></td> <td valign="bottom"><font size="1">  </font></td> <td valign="bottom"><font style="FONT-FAMILY: Times New Roman" size="2"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Times New Roman" size="2">37,935</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Times New Roman" size="2">  </font></td> </tr> <tr style="FONT-SIZE: 1px"> <td valign="bottom"></td> <td valign="bottom">  </td> <td valign="bottom"> <p style="BORDER-TOP: #000000 1px solid"> </p> </td> <td valign="bottom"> <p style="BORDER-TOP: #000000 1px solid"> </p> </td> <td> </td> <td valign="bottom">  </td> <td valign="bottom"> <p style="BORDER-TOP: #000000 1px solid"> </p> </td> <td valign="bottom"> <p style="BORDER-TOP: #000000 1px solid"> </p> </td> <td> </td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1em; MARGIN-LEFT: 1em"><font style="FONT-FAMILY: Times New Roman" size="2"><b>Total liabilities of discontinued operations</b></font></p> </td> <td valign="bottom"><font size="1">  </font></td> <td valign="bottom"><font style="FONT-FAMILY: Times New Roman" size="2">$</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Times New Roman" size="2">41,215</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Times New Roman" size="2">  </font></td> <td valign="bottom"><font size="1">  </font></td> <td valign="bottom"><font style="FONT-FAMILY: Times New Roman" size="2">$</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Times New Roman" size="2">46,338</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Times New Roman" size="2">  </font></td> </tr> <tr style="FONT-SIZE: 1px"> <td valign="bottom"></td> <td valign="bottom">  </td> <td valign="bottom"> <p style="BORDER-TOP: #000000 3px double"> </p> </td> <td valign="bottom"> <p style="BORDER-TOP: #000000 3px double"> </p> </td> <td> </td> <td valign="bottom">  </td> <td valign="bottom"> <p style="BORDER-TOP: #000000 3px double"> </p> </td> <td valign="bottom"> <p style="BORDER-TOP: #000000 3px double"> </p> </td> <td> </td> </tr> </table> </div> | ||
CY2011Q2 | ceco |
Opt Out Period Expiration Date
OptOutPeriodExpirationDate
|
2011-06-20 | |
CY2011Q2 | ceco |
Number Of Students In Class
NumberOfStudentsInClass
|
2330 | pure |
CY2010Q4 | ceco |
Number Of Students In Class
NumberOfStudentsInClass
|
2300 | pure |
CY2011Q3 | ceco |
Additional Number Of Students Joining Litigation
AdditionalNumberOfStudentsJoiningLitigation
|
19 | pure |
CY2011 | ceco |
Accrediting Council For Independent Colleges And Schools Placement Rate Standard Percentage
AccreditingCouncilForIndependentCollegesAndSchoolsPlacementRateStandardPercentage
|
0.65 | pure |
CY2011 | ceco |
Number Of Campuses Accredited By Accrediting Council For Independent Colleges And Schools That Fell Below Placement Rate Standard
NumberOfCampusesAccreditedByAccreditingCouncilForIndependentCollegesAndSchoolsThatFellBelowPlacementRateStandard
|
24 | Campus |
CY2011 | us-gaap |
Available For Sale Securities Gross Realized Gains
AvailableForSaleSecuritiesGrossRealizedGains
|
-31000 | |
CY2011 | us-gaap |
Available For Sale Securities Gross Realized Losses
AvailableForSaleSecuritiesGrossRealizedLosses
|
34000 | |
CY2011 | ceco |
Estimated Potential Reimbursements
EstimatedPotentialReimbursements
|
5000000 | |
CY2011 | ceco |
Other Accrued Liability For Certain Legal Or Regulatory Matters
OtherAccruedLiabilityForCertainLegalOrRegulatoryMatters
|
5000000 | |
CY2011 | ceco |
Probation Schools Percentage Of Consolidated Revenue
ProbationSchoolsPercentageOfConsolidatedRevenue
|
0.036 | pure |
CY2012Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod
|
1317000 | shares |
CY2012Q1 | ceco |
Earnout Compensation Expense Recorded
EarnoutCompensationExpenseRecorded
|
1300000 | |
CY2011Q2 | us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
-31000 | |
CY2011Q2 | us-gaap |
Goodwill And Intangible Asset Impairment
GoodwillAndIntangibleAssetImpairment
|
2676000 | |
CY2011Q2 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
|
1264000 | |
CY2011Q2 | us-gaap |
Income Loss From Discontinued Operations Net Of Tax Per Basic Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare
|
0.03 | |
CY2011Q2 | us-gaap |
Investment Income Interest
InvestmentIncomeInterest
|
263000 | |
CY2011Q2 | us-gaap |
Stock Issued During Period Shares Employee Stock Purchase Plans
StockIssuedDuringPeriodSharesEmployeeStockPurchasePlans
|
100000 | shares |
CY2011Q2 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
|
78240000 | |
CY2011Q2 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
74882000 | shares |
CY2011Q2 | us-gaap |
Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare
|
0.02 | |
CY2011Q2 | us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
0.328 | pure |
CY2011Q2 | us-gaap |
Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
|
3249000 | |
CY2011Q2 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
|
79504000 | |
CY2011Q2 | us-gaap |
Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
|
53419000 | |
CY2011Q2 | us-gaap |
Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
|
9542000 | |
CY2011Q2 | us-gaap |
Depreciation And Amortization
DepreciationAndAmortization
|
20274000 | |
CY2011Q2 | us-gaap |
Other Sales Revenue Net
OtherSalesRevenueNet
|
15195000 | |
CY2011Q2 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
79311000 | |
CY2011Q2 | us-gaap |
Discontinued Operation Income Loss From Discontinued Operation Before Income Tax
DiscontinuedOperationIncomeLossFromDiscontinuedOperationBeforeIncomeTax
|
2842000 | |
CY2011Q2 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.74 | |
CY2011Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
55353000 | |
CY2011Q2 | us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
193000 | |
CY2011Q2 | us-gaap |
Costs And Expenses
CostsAndExpenses
|
405567000 | |
CY2011Q2 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.73 | |
CY2011Q2 | us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
224605000 | |
CY2011Q2 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
75533000 | shares |
CY2011Q2 | us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
58563000 | |
CY2011Q2 | us-gaap |
Disposal Group Including Discontinued Operation Revenue
DisposalGroupIncludingDiscontinuedOperationRevenue
|
12313000 | |
CY2011Q2 | us-gaap |
Revenues
Revenues
|
484878000 | |
CY2011Q2 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
26085000 | |
CY2011Q2 | us-gaap |
Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
|
-39000 | |
CY2011Q2 | us-gaap |
Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
|
0.71 | |
CY2011Q2 | us-gaap |
Proceeds From Recoveries Of Loan Previously Charged Off
ProceedsFromRecoveriesOfLoanPreviouslyChargedOff
|
2600000 | |
CY2011Q2 | us-gaap |
Interest Expense
InterestExpense
|
39000 | |
CY2011Q2 | us-gaap |
Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
|
3210000 | |
CY2011Q2 | us-gaap |
Discontinued Operation Tax Effect Of Discontinued Operation
DiscontinuedOperationTaxEffectOfDiscontinuedOperation
|
908000 | |
CY2011Q2 | us-gaap |
Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
|
0.71 | |
CY2011Q2 | us-gaap |
Income Loss From Discontinued Operations Net Of Tax
IncomeLossFromDiscontinuedOperationsNetOfTax
|
1934000 | |
CY2011Q2 | ceco |
Educational Services And Facilities Expense
EducationalServicesAndFacilitiesExpense
|
158012000 | |
CY2011Q2 | ceco |
Remaining Lease Obligations Incurred
RemainingLeaseObligationsIncurred
|
1992000 | |
CY2011Q2 | ceco |
Remaining Lease Obligations Net Cash Payments
RemainingLeaseObligationsNetCashPayments
|
3311000 | |
CY2011Q2 | ceco |
Remaining Lease Obligations Other
RemainingLeaseObligationsOther
|
1468000 | |
CY2011Q2 | ceco |
Revenue From Tuition And Registration Fees
RevenueFromTuitionAndRegistrationFees
|
469683000 | |
CY2011Q2 | ceco |
Accounts Receivable Write Offs
AccountsReceivableWriteOffs
|
18770000 | |
CY2011Q2 | ceco |
Common Stock Equivalents
CommonStockEquivalents
|
651000 | shares |
CY2011Q2 | ceco |
Shares That Have Anti Dilutive Effect On Diluted Net Income Per Share
SharesThatHaveAntiDilutiveEffectOnDilutedNetIncomePerShare
|
3100000 | shares |
CY2012Q2 | us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
-77000 | |
CY2012Q2 | us-gaap |
Goodwill And Intangible Asset Impairment
GoodwillAndIntangibleAssetImpairment
|
85578000 | |
CY2012Q2 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
|
-3456000 | |
CY2012Q2 | us-gaap |
Income Loss From Discontinued Operations Net Of Tax Per Basic Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare
|
-0.10 | |
CY2012Q2 | us-gaap |
Investment Income Interest
InvestmentIncomeInterest
|
470000 | |
CY2012Q2 | us-gaap |
Stock Issued During Period Shares Employee Stock Purchase Plans
StockIssuedDuringPeriodSharesEmployeeStockPurchasePlans
|
100000 | shares |
CY2012Q2 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
|
-104276000 | |
CY2012Q2 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
66034000 | shares |
CY2012Q2 | us-gaap |
Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare
|
-0.10 | |
CY2012Q2 | us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
0.129 | pure |
CY2012Q2 | us-gaap |
Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
|
-9736000 | |
CY2012Q2 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
|
-107732000 | |
CY2012Q2 | us-gaap |
Unrecognized Tax Benefits Period Increase Decrease
UnrecognizedTaxBenefitsPeriodIncreaseDecrease
|
5000000 | |
CY2012Q2 | us-gaap |
Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
|
-93867000 | |
CY2012Q2 | us-gaap |
Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
|
8392000 | |
CY2012Q2 | us-gaap |
Depreciation And Amortization
DepreciationAndAmortization
|
20020000 | |
CY2012Q2 | us-gaap |
Other Sales Revenue Net
OtherSalesRevenueNet
|
6098000 | |
CY2012Q2 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
-108097000 | |
CY2012Q2 | us-gaap |
Discontinued Operation Income Loss From Discontinued Operation Before Income Tax
DiscontinuedOperationIncomeLossFromDiscontinuedOperationBeforeIncomeTax
|
-782000 | |
CY2012Q2 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-1.52 | |
CY2012Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-100234000 | |
CY2012Q2 | us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
365000 | |
CY2012Q2 | us-gaap |
Income Tax Reconciliation Other Reconciling Items
IncomeTaxReconciliationOtherReconcilingItems
|
2000000 | |
CY2012Q2 | us-gaap |
Costs And Expenses
CostsAndExpenses
|
477063000 | |
CY2012Q2 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-1.52 | |
CY2012Q2 | us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
225617000 | |
CY2012Q2 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
66034000 | shares |
CY2012Q2 | us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
-110078000 | |
CY2012Q2 | us-gaap |
Revenues
Revenues
|
368966000 | |
CY2012Q2 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
-13865000 | |
CY2012Q2 | us-gaap |
Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
|
-108000 | |
CY2012Q2 | us-gaap |
Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
|
-1.42 | |
CY2012Q2 | us-gaap |
Proceeds From Recoveries Of Loan Previously Charged Off
ProceedsFromRecoveriesOfLoanPreviouslyChargedOff
|
2200000 | |
CY2012Q2 | us-gaap |
Interest Expense
InterestExpense
|
28000 | |
CY2012Q2 | us-gaap |
Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
|
-9844000 | |
CY2012Q2 | us-gaap |
Discontinued Operation Tax Effect Of Discontinued Operation
DiscontinuedOperationTaxEffectOfDiscontinuedOperation
|
5585000 | |
CY2012Q2 | us-gaap |
Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
|
-1.42 | |
CY2012Q2 | us-gaap |
Income Loss From Discontinued Operations Net Of Tax
IncomeLossFromDiscontinuedOperationsNetOfTax
|
-6367000 | |
CY2012Q2 | ceco |
Educational Services And Facilities Expense
EducationalServicesAndFacilitiesExpense
|
145848000 | |
CY2012Q2 | ceco |
Remaining Lease Obligations Incurred
RemainingLeaseObligationsIncurred
|
416000 | |
CY2012Q2 | ceco |
Remaining Lease Obligations Net Cash Payments
RemainingLeaseObligationsNetCashPayments
|
2799000 | |
CY2012Q2 | ceco |
Revenue From Tuition And Registration Fees
RevenueFromTuitionAndRegistrationFees
|
362868000 | |
CY2012Q2 | ceco |
Accounts Receivable Write Offs
AccountsReceivableWriteOffs
|
14494000 | |
CY2011Q4 | us-gaap |
Loss Contingency Loss In Period
LossContingencyLossInPeriod
|
6000000 |