10-Q/A Filing

GRAND CANYON EDUCATION, INC. CIK: 1434588 Q1 2011

Filing Information

Form Type	10-Q/A
Accession Number	`0000950123-11-098334`
Period End Date	20110331
Filing Date	20111114
Fiscal Year	2011
Fiscal Period	Q1
XBRL Instance	lope-20110331.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 98 Income Statement 33 Cash Flow Statement 67 Stockholders Equity 12 Comprehensive Income 8

Balance Sheet 98 line items

Line Item	Tag	Value	Unit	Period
Net of allowance for doubtful accounts	`AllowanceForDoubtfulAccountsReceivableCurrent`	$30.11M	USD	Point-in-time
Net of allowance for doubtful accounts	`AllowanceForDoubtfulAccountsReceivableCurrent`	$31.37M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$33.64M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$97.88M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$62.57M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$30.24M	USD	Point-in-time
Restricted cash and cash equivalents	`RestrictedCashAndCashEquivalentsAtCarryingValue`	$52.18M	USD	Point-in-time
Restricted cash and cash equivalents	`RestrictedCashAndCashEquivalentsAtCarryingValue`	$49.74M	USD	Point-in-time
Accounts receivable, net of allowance for doubtful accounts of $31,366 (Restated) and $30,112 at March 31, 2011 and December 31, 2010, respectively	`AccountsReceivableNetCurrent`	$13.97M	USD	Point-in-time
Accounts receivable, net of allowance for doubtful accounts of $31,366 (Restated) and $30,112 at March 31, 2011 and December 31, 2010, respectively	`AccountsReceivableNetCurrent`	$17.98M	USD	Point-in-time
Income taxes receivable	`IncomeTaxesReceivable`	$2.21M	USD	Point-in-time
Preferred stock, par value	`PreferredStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Income taxes receivable	`IncomeTaxesReceivable`	$8.41M	USD	Point-in-time
Preferred stock, par value	`PreferredStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Preferred stock, shares authorized	`PreferredStockSharesAuthorized`	10.00M	shares	Point-in-time
Deferred income taxes	`DeferredTaxAssetsNetCurrent`	$16.56M	USD	Point-in-time
Deferred income taxes	`DeferredTaxAssetsNetCurrent`	$16.08M	USD	Point-in-time
Preferred stock, shares authorized	`PreferredStockSharesAuthorized`	10.00M	shares	Point-in-time
Preferred stock, shares issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Other current assets	`OtherAssetsCurrent`	$4.58M	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$4.83M	USD	Point-in-time
Preferred stock, shares issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Total current assets	`AssetsCurrent`	$117.31M	USD	Point-in-time
Preferred stock, shares outstanding	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Preferred stock, shares outstanding	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Total current assets	`AssetsCurrent`	$133.12M	USD	Point-in-time
Common stock, par value	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$124.00M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$140.66M	USD	Point-in-time
Common stock, par value	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Restricted cash	`RestrictedCashAndCashEquivalentsNoncurrent`	$760.00K	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	100.00M	shares	Point-in-time
Restricted cash	`RestrictedCashAndCashEquivalentsNoncurrent`	$445.00K	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	100.00M	shares	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	45.81M	shares	Point-in-time
Prepaid royalties	`PrepaidRoyaltiesNoncurrent`	$6.40M	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	45.81M	shares	Point-in-time
Prepaid royalties	`PrepaidRoyaltiesNoncurrent`	$6.58M	USD	Point-in-time
Goodwill	`Goodwill`	$2.94M	USD	Point-in-time
Goodwill	`Goodwill`	$2.94M	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	44.82M	shares	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	45.76M	shares	Point-in-time
Deferred income taxes	`DeferredTaxAssetsNetNoncurrent`	$2.80M	USD	Point-in-time
Treasury stock, shares outstanding	`TreasuryStockShares`	50,000.00	shares	Point-in-time
Treasury stock, shares outstanding	`TreasuryStockShares`	995,000.00	shares	Point-in-time
Deferred income taxes	`DeferredTaxAssetsNetNoncurrent`	$2.49M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$4.89M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$5.25M	USD	Point-in-time
Total assets	`Assets`	$275.49M	USD	Point-in-time
Total assets	`Assets`	$275.10M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$27.07M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$15.69M	USD	Point-in-time
Accrued compensation and benefits	`EmployeeRelatedLiabilitiesCurrent`	$13.63M	USD	Point-in-time
Accrued compensation and benefits	`EmployeeRelatedLiabilitiesCurrent`	$15.14M	USD	Point-in-time
Accrued liabilities	`AccruedLiabilitiesCurrent`	$9.48M	USD	Point-in-time
Accrued liabilities	`AccruedLiabilitiesCurrent`	$7.45M	USD	Point-in-time
Accrued litigation loss	`LitigationReserveCurrent`	$5.20M	USD	Point-in-time
Accrued litigation loss	`LitigationReserveCurrent`	$5.20M	USD	Point-in-time
Accrued exit costs	`RestructuringReserveCurrent`	$64.00K	USD	Point-in-time
Accrued exit costs	`RestructuringReserveCurrent`	$40.00K	USD	Point-in-time
Income taxes payable	`AccruedIncomeTaxesCurrent`	$829.00K	USD	Point-in-time
Income taxes payable	`AccruedIncomeTaxesCurrent`	$1.22M	USD	Point-in-time
Student deposits	`CustomerDepositsCurrent`	$48.87M	USD	Point-in-time
Student deposits	`CustomerDepositsCurrent`	$46.13M	USD	Point-in-time
Deferred revenue	`DeferredRevenueCurrent`	$19.22M	USD	Point-in-time
Deferred revenue	`DeferredRevenueCurrent`	$15.03M	USD	Point-in-time
Due to related parties	`DueToRelatedPartiesCurrent`	$10.35M	USD	Point-in-time
Due to related parties	`DueToRelatedPartiesCurrent`	$1.96M	USD	Point-in-time
Current portion of capital lease obligations	`CapitalLeaseObligationsCurrent`	$1.67M	USD	Point-in-time
Current portion of capital lease obligations	`CapitalLeaseObligationsCurrent`	$1.64M	USD	Point-in-time
Current portion of notes payable	`NotesPayableCurrent`	$2.03M	USD	Point-in-time
Current portion of notes payable	`NotesPayableCurrent`	$1.96M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$127.03M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$122.85M	USD	Point-in-time
Capital lease obligations, less current portion	`CapitalLeaseObligationsNoncurrent`	$10.00K	USD	Point-in-time
Capital lease obligations, less current portion	`CapitalLeaseObligationsNoncurrent`	$151.00K	USD	Point-in-time
Other noncurrent liabilities	`OtherLiabilitiesNoncurrent`	$2.68M	USD	Point-in-time
Other noncurrent liabilities	`OtherLiabilitiesNoncurrent`	$2.71M	USD	Point-in-time
Notes payable, less current portion	`LongTermNotesPayable`	$21.43M	USD	Point-in-time
Notes payable, less current portion	`LongTermNotesPayable`	$21.88M	USD	Point-in-time
Total liabilities	`Liabilities`	$147.59M	USD	Point-in-time
Total liabilities	`Liabilities`	$151.15M	USD	Point-in-time
Preferred stock, $0.01 par value, 10,000 shares authorized; 0 shares issued and outstanding at March 31, 2011 and December 31, 2010	`PreferredStockValue`	-	USD	Point-in-time
Preferred stock, $0.01 par value, 10,000 shares authorized; 0 shares issued and outstanding at March 31, 2011 and December 31, 2010	`PreferredStockValue`	-	USD	Point-in-time
Common stock, $0.01 par value, 100,000 shares authorized; 45,812 and 45,811 shares issued and 44,817 and 45,761 shares outstanding at March 31, 2011 and December 31, 2010, respectively	`CommonStockValue`	$458.00K	USD	Point-in-time
Common stock, $0.01 par value, 100,000 shares authorized; 45,812 and 45,811 shares issued and 44,817 and 45,761 shares outstanding at March 31, 2011 and December 31, 2010, respectively	`CommonStockValue`	$458.00K	USD	Point-in-time
Treasury stock, at cost, 995 and 50 shares of common stock at March 31, 2011 and December 31, 2010, respectively	`TreasuryStockValue`	$14.99M	USD	Point-in-time
Treasury stock, at cost, 995 and 50 shares of common stock at March 31, 2011 and December 31, 2010, respectively	`TreasuryStockValue`	$782.00K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$78.96M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$77.45M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-392.00K	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-445.00K	USD	Point-in-time
Accumulated earnings	`RetainedEarningsAccumulatedDeficit`	$50.82M	USD	Point-in-time
Accumulated earnings	`RetainedEarningsAccumulatedDeficit`	$60.30M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$124.34M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$127.50M	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$275.49M	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$275.10M	USD	Point-in-time

Income Statement 33 line items

Line Item	Tag	Value	Unit	Period
Net revenue	`Revenues`	$101.71M	USD	1 Quarter
Net revenue	`Revenues`	$89.33M	USD	1 Quarter
Selling and promotional expenses to related parties	`RelatedPartyTransactionExpensesFromTransactionsWithRelatedParty`	$401.00K	USD	1 Quarter
Selling and promotional expenses to related parties	`RelatedPartyTransactionExpensesFromTransactionsWithRelatedParty`	$2.35M	USD	1 Quarter
Instructional costs and services	`InstructionalCostsAndServices`	$48.88M	USD	1 Quarter
Instructional costs and services	`InstructionalCostsAndServices`	$36.66M	USD	1 Quarter
Selling and promotional, including $401 and $2,347 to related parties for March 31, 2011 and 2010, respectively	`SellingAndMarketingExpense`	$29.83M	USD	1 Quarter
Selling and promotional, including $401 and $2,347 to related parties for March 31, 2011 and 2010, respectively	`SellingAndMarketingExpense`	$26.88M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$6.10M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$6.83M	USD	1 Quarter
Exit costs	`BusinessExitCosts`	$89.00K	USD	1 Quarter
Total costs and expenses	`CostsAndExpenses`	$85.54M	USD	1 Quarter
Total costs and expenses	`CostsAndExpenses`	$69.73M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$19.60M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$16.17M	USD	1 Quarter
Interest expense	`InterestExpense`	$344.00K	USD	1 Quarter
Interest expense	`InterestExpense`	$107.00K	USD	1 Quarter
Interest income	`InvestmentIncomeInterest`	$61.00K	USD	1 Quarter
Interest income	`InvestmentIncomeInterest`	$32.00K	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$19.31M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$16.09M	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$6.61M	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$7.83M	USD	1 Quarter
Net income	`NetIncomeLoss`	$9.48M	USD	1 Quarter
Net income	`NetIncomeLoss`	$11.48M	USD	1 Quarter
Basic income per share	`EarningsPerShareBasic`	$0.21	USD	1 Quarter
Basic income per share	`EarningsPerShareBasic`	$0.25	USD	1 Quarter
Diluted income per share	`EarningsPerShareDiluted`	$0.25	USD	1 Quarter
Diluted income per share	`EarningsPerShareDiluted`	$0.21	USD	1 Quarter
Basic weighted average shares outstanding	`WeightedAverageNumberOfSharesOutstandingBasic`	45.67M	shares	1 Quarter
Basic weighted average shares outstanding	`WeightedAverageNumberOfSharesOutstandingBasic`	45.59M	shares	1 Quarter
Diluted weighted average shares outstanding	`WeightedAverageNumberOfDilutedSharesOutstanding`	46.33M	shares	1 Quarter
Diluted weighted average shares outstanding	`WeightedAverageNumberOfDilutedSharesOutstanding`	46.09M	shares	1 Quarter

Cash Flow Statement 67 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$9.48M	USD	1 Quarter
Net income	`NetIncomeLoss`	$11.48M	USD	1 Quarter
Share-based compensation	`ShareBasedCompensation`	$1.04M	USD	1 Quarter
Share-based compensation	`ShareBasedCompensation`	$1.43M	USD	1 Quarter
Excess tax benefits from share-based compensation	`ExcessTaxBenefitFromShareBasedCompensationOperatingActivities`	$492.00K	USD	1 Quarter
Amortization of debt issuance costs	`AmortizationOfFinancingCosts`	$16.00K	USD	1 Quarter
Amortization of debt issuance costs	`AmortizationOfFinancingCosts`	$15.00K	USD	1 Quarter
Provision for bad debts	`ProvisionForDoubtfulAccounts`	$10.03M	USD	1 Quarter
Provision for bad debts	`ProvisionForDoubtfulAccounts`	$4.77M	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$3.83M	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$2.66M	USD	1 Quarter
Exit costs	`OtherIncreaseDecreaseInProvisionForRestructuring`	$-24.00K	USD	1 Quarter
Exit costs	`OtherIncreaseDecreaseInProvisionForRestructuring`	$-479.00K	USD	1 Quarter
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$-27.00K	USD	1 Quarter
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$-224.00K	USD	1 Quarter
Other	`AdjustmentsNoncashItemsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesOther`	$-39.00K	USD	1 Quarter
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$4.86M	USD	1 Quarter
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$6.02M	USD	1 Quarter
Prepaid expenses and other	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$1.66M	USD	1 Quarter
Prepaid expenses and other	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$52.00K	USD	1 Quarter
Due to/from related parties	`DueToFromRelatedParties`	$-8.39M	USD	1 Quarter
Due to/from related parties	`DueToFromRelatedParties`	$1.40M	USD	1 Quarter
Accounts payable	`IncreaseDecreaseInAccountsPayableTrade`	$1.91M	USD	1 Quarter
Accounts payable	`IncreaseDecreaseInAccountsPayableTrade`	$5.75M	USD	1 Quarter
Accrued liabilities	`IncreaseDecreaseInAccruedLiabilities`	$5.02M	USD	1 Quarter
Accrued liabilities	`IncreaseDecreaseInAccruedLiabilities`	$-513.00K	USD	1 Quarter
Income taxes receivable/payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$6.25M	USD	1 Quarter
Income taxes receivable/payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$6.67M	USD	1 Quarter
Student deposits	`IncreaseDecreaseInStudentDepositsOutstanding`	$1.91M	USD	1 Quarter
Student deposits	`IncreaseDecreaseInStudentDepositsOutstanding`	$-2.75M	USD	1 Quarter
Deferred revenue	`IncreaseDecreaseInDeferredRevenue`	$20.17M	USD	1 Quarter
Deferred revenue	`IncreaseDecreaseInDeferredRevenue`	$4.18M	USD	1 Quarter
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$23.41M	USD	1 Quarter
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$49.08M	USD	1 Quarter
Capital expenditures	`PaymentsToAcquireProductiveAssets`	$14.67M	USD	1 Quarter
Capital expenditures	`PaymentsToAcquireProductiveAssets`	$11.59M	USD	1 Quarter
Change in restricted cash and cash equivalents	`IncreaseDecreaseInRestrictedCash`	$-2.75M	USD	1 Quarter
Change in restricted cash and cash equivalents	`IncreaseDecreaseInRestrictedCash`	$2.93M	USD	1 Quarter
Proceeds from sale or maturity of investments	`ProceedsFromSaleAndMaturityOfAvailableForSaleSecurities`	$487.00K	USD	1 Quarter
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-11.91M	USD	1 Quarter
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-14.04M	USD	1 Quarter
Principal payments on notes payable and capital lease obligations	`PrincipalPaymentsOnNotesPayableAndCapitalLeaseObligations`	$727.00K	USD	1 Quarter
Principal payments on notes payable and capital lease obligations	`PrincipalPaymentsOnNotesPayableAndCapitalLeaseObligations`	$694.00K	USD	1 Quarter
Purchase of treasury stock	`PaymentsForRepurchaseOfCommonStock`	$14.21M	USD	1 Quarter
Excess tax benefits from share-based compensation	`ExcessTaxBenefitFromShareBasedCompensationFinancingActivities`	$492.00K	USD	1 Quarter
Net proceeds from exercise of stock options	`ProceedsFromStockOptionsExercised`	$502.00K	USD	1 Quarter
Net proceeds from exercise of stock options	`ProceedsFromStockOptionsExercised`	$13.00K	USD	1 Quarter
Net cash (used in) provided by financing activities	`NetCashProvidedByUsedInFinancingActivitiesContinuingOperations`	$-14.89M	USD	1 Quarter
Net cash (used in) provided by financing activities	`NetCashProvidedByUsedInFinancingActivitiesContinuingOperations`	$267.00K	USD	1 Quarter
Net (decrease) increase in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-3.39M	USD	1 Quarter
Net (decrease) increase in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$35.31M	USD	1 Quarter
Cash and cash equivalents, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$33.64M	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$97.88M	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$62.57M	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$30.24M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashAndCashEquivalentsAtCarryingValue`	$33.64M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashAndCashEquivalentsAtCarryingValue`	$97.88M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashAndCashEquivalentsAtCarryingValue`	$62.57M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashAndCashEquivalentsAtCarryingValue`	$30.24M	USD	Point-in-time
Cash paid for interest	`InterestPaid`	$107.00K	USD	1 Quarter
Cash paid for interest	`InterestPaid`	$195.00K	USD	1 Quarter
Cash paid for income taxes	`IncomeTaxesPaid`	$219.00K	USD	1 Quarter
Cash paid for income taxes	`IncomeTaxesPaid`	$1.60M	USD	1 Quarter
Purchases of property and equipment included in accounts payable	`CapitalExpendituresIncurredButNotYetPaid`	$-1.36M	USD	1 Quarter
Purchases of property and equipment included in accounts payable	`CapitalExpendituresIncurredButNotYetPaid`	$5.63M	USD	1 Quarter
Tax benefit of Spirit warrant intangible	`TaxBenefitOfWarrantIntangible`	$70.00K	USD	1 Quarter
Tax benefit of Spirit warrant intangible	`TaxBenefitOfWarrantIntangible`	$259.00K	USD	1 Quarter

Stockholders Equity 12 line items

Line Item	Tag	Value	Unit	Period
Beginning Balance	`StockholdersEquity`	$124.34M	USD	Point-in-time
Beginning Balance	`StockholdersEquity`	$127.50M	USD	Point-in-time
Net income	`NetIncomeLoss`	$9.48M	USD	1 Quarter
Net income	`NetIncomeLoss`	$11.48M	USD	1 Quarter
Unrealized gain on hedging derivatives, net of taxes of $21	`OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax`	$-147.00K	USD	1 Quarter
Unrealized gain on hedging derivatives, net of taxes of $21	`OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax`	$53.00K	USD	1 Quarter
Common stock purchased for treasury	`TreasuryStockValueAcquiredCostMethod`	$14.21M	USD	1 Quarter
Exercise of stock options	`StockIssuedDuringPeriodValueStockOptionsExercised`	$13.00K	USD	1 Quarter
Excess tax benefits from share-based compensation	`AdjustmentsToAdditionalPaidInCapitalTaxEffectFromShareBasedCompensation`	$69.00K	USD	1 Quarter
Share-based compensation	`StockIssuedDuringPeriodValueShareBasedCompensation`	$1.43M	USD	1 Quarter
Ending Balance	`StockholdersEquity`	$124.34M	USD	Point-in-time
Ending Balance	`StockholdersEquity`	$127.50M	USD	Point-in-time

Comprehensive Income 8 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$9.48M	USD	1 Quarter
Net income	`NetIncomeLoss`	$11.48M	USD	1 Quarter
Unrealized gains (losses) on hedging derivatives	`OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax`	$-147.00K	USD	1 Quarter
Unrealized gains (losses) on hedging derivatives	`OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax`	$53.00K	USD	1 Quarter
Unrealized losses on available for sale securities	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-4.00K	USD	1 Quarter
Realized gains on available for sale securities	`OtherComprehensiveIncomeReclassificationAdjustmentForSaleOfSecuritiesIncludedInNetIncomeNetOfTax`	$19.00K	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$9.53M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$11.31M	USD	1 Quarter

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.