10-Q Filing

GRAND CANYON EDUCATION, INC. CIK: 1434588 Q3 2011

Filing Information

Form Type	10-Q
Accession Number	`0000950123-11-098382`
Period End Date	20110930
Filing Date	20111114
Fiscal Year	2011
Fiscal Period	Q3
XBRL Instance	lope-20110930.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 98 Income Statement 68 Cash Flow Statement 80 Stockholders Equity 19 Comprehensive Income 14

Balance Sheet 98 line items

Line Item	Tag	Value	Unit	Period
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$33.64M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$50.47M	USD	Point-in-time
Allowance for doubtful accounts	`AllowanceForDoubtfulAccountsReceivableCurrent`	$30.11M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$19.00M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$62.57M	USD	Point-in-time
Allowance for doubtful accounts	`AllowanceForDoubtfulAccountsReceivableCurrent`	$14.42M	USD	Point-in-time
Restricted cash and cash equivalents	`RestrictedCashAndCashEquivalentsAtCarryingValue`	$47.18M	USD	Point-in-time
Restricted cash and cash equivalents	`RestrictedCashAndCashEquivalentsAtCarryingValue`	$52.18M	USD	Point-in-time
Accounts receivable, net of allowance for doubtful accounts of $14,418 and $30,112 at September 30, 2011 and December 31, 2010, respectively	`AccountsReceivableNetCurrent`	$16.33M	USD	Point-in-time
Accounts receivable, net of allowance for doubtful accounts of $14,418 and $30,112 at September 30, 2011 and December 31, 2010, respectively	`AccountsReceivableNetCurrent`	$17.98M	USD	Point-in-time
Preferred stock, par value	`PreferredStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Preferred stock, par value	`PreferredStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Income taxes receivable	`IncomeTaxesReceivable`	$8.38M	USD	Point-in-time
Income taxes receivable	`IncomeTaxesReceivable`	$8.41M	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 authorized	`PreferredStockSharesAuthorized`	10.00M	shares	Point-in-time
Deferred income taxes	`DeferredTaxAssetsNetCurrent`	$6.79M	USD	Point-in-time
Preferred stock, shares issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Other current assets	`OtherAssetsCurrent`	$9.10M	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`	$106.78M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$133.12M	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
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`	$179.54M	USD	Point-in-time
Common stock, par value	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	100.00M	shares	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`	$555.00K	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	45.94M	shares	Point-in-time
Prepaid royalties	`PrepaidRoyaltiesNoncurrent`	$6.12M	USD	Point-in-time
Prepaid royalties	`PrepaidRoyaltiesNoncurrent`	$6.58M	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	45.81M	shares	Point-in-time
Goodwill	`Goodwill`	$2.94M	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	44.33M	shares	Point-in-time
Goodwill	`Goodwill`	$2.94M	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	45.76M	shares	Point-in-time
Treasury Stock, Shares	`TreasuryStockShares`	1.61M	shares	Point-in-time
Deferred income taxes	`DeferredTaxAssetsNetNoncurrent`	$2.80M	USD	Point-in-time
Treasury Stock, Shares	`TreasuryStockShares`	50,000.00	shares	Point-in-time
Deferred income taxes	`DeferredTaxAssetsNetNoncurrent`	$1.91M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$5.20M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$4.89M	USD	Point-in-time
Total assets	`Assets`	$275.10M	USD	Point-in-time
Total assets	`Assets`	$303.06M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$22.28M	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`	$9.77M	USD	Point-in-time
Accrued liabilities	`AccruedLiabilitiesCurrent`	$9.48M	USD	Point-in-time
Accrued liabilities	`AccruedLiabilitiesCurrent`	$9.13M	USD	Point-in-time
Accrued litigation loss	`LitigationReserveCurrent`	$5.20M	USD	Point-in-time
Accrued exit costs	`RestructuringReserveCurrent`	$64.00K	USD	Point-in-time
Income taxes payable	`AccruedIncomeTaxesCurrent`	$1.07M	USD	Point-in-time
Income taxes payable	`AccruedIncomeTaxesCurrent`	$829.00K	USD	Point-in-time
Student deposits	`CustomerDepositsCurrent`	$48.87M	USD	Point-in-time
Student deposits	`CustomerDepositsCurrent`	$48.48M	USD	Point-in-time
Deferred revenue	`DeferredRevenueCurrent`	$15.03M	USD	Point-in-time
Deferred revenue	`DeferredRevenueCurrent`	$34.75M	USD	Point-in-time
Due to related parties	`DueToRelatedPartiesCurrent`	$10.35M	USD	Point-in-time
Due to related parties	`DueToRelatedPartiesCurrent`	$464.00K	USD	Point-in-time
Current portion of capital lease obligations	`CapitalLeaseObligationsCurrent`	$1.67M	USD	Point-in-time
Current portion of capital lease obligations	`CapitalLeaseObligationsCurrent`	$892.00K	USD	Point-in-time
Current portion of notes payable	`NotesPayableCurrent`	$2.03M	USD	Point-in-time
Current portion of notes payable	`NotesPayableCurrent`	$1.76M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$128.59M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$122.85M	USD	Point-in-time
Capital lease obligations, less current portion	`CapitalLeaseObligationsNoncurrent`	$695.00K	USD	Point-in-time
Capital lease obligations, less current portion	`CapitalLeaseObligationsNoncurrent`	$151.00K	USD	Point-in-time
Other noncurrent liabilities	`OtherLiabilitiesNoncurrent`	$6.77M	USD	Point-in-time
Other noncurrent liabilities	`OtherLiabilitiesNoncurrent`	$2.71M	USD	Point-in-time
Notes payable, less current portion	`LongTermNotesPayable`	$21.88M	USD	Point-in-time
Notes payable, less current portion	`LongTermNotesPayable`	$20.33M	USD	Point-in-time
Total liabilities	`Liabilities`	$156.39M	USD	Point-in-time
Total liabilities	`Liabilities`	$147.59M	USD	Point-in-time
Commitments and contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Preferred stock, $0.01 par value, 10,000 shares authorized; 0 shares issued and outstanding at September 30, 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 September 30, 2011 and December 31, 2010	`PreferredStockValue`	-	USD	Point-in-time
Common stock, $0.01 par value, 100,000 shares authorized; 45,938 and 45,811 shares issued and 44,331 and 45,761 shares outstanding at September 30, 2011 and December 31, 2010, respectively	`CommonStockValue`	$459.00K	USD	Point-in-time
Common stock, $0.01 par value, 100,000 shares authorized; 45,938 and 45,811 shares issued and 44,331 and 45,761 shares outstanding at September 30, 2011 and December 31, 2010, respectively	`CommonStockValue`	$458.00K	USD	Point-in-time
Treasury stock, at cost, 1,607 and 50 shares of common stock at September 30, 2011 and December 31, 2010, respectively	`TreasuryStockValue`	$782.00K	USD	Point-in-time
Treasury stock, at cost, 1,607 and 50 shares of common stock at September 30, 2011 and December 31, 2010, respectively	`TreasuryStockValue`	$23.15M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$77.45M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$83.82M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-445.00K	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-498.00K	USD	Point-in-time
Accumulated earnings	`RetainedEarningsAccumulatedDeficit`	$86.04M	USD	Point-in-time
Accumulated earnings	`RetainedEarningsAccumulatedDeficit`	$50.82M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$146.67M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$127.50M	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$275.10M	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$303.06M	USD	Point-in-time

Income Statement 68 line items

Line Item	Tag	Value	Unit	Period
Net revenue	`Revenues`	$313.74M	USD	3 Qtrs
Net revenue	`Revenues`	$108.91M	USD	1 Quarter
Net revenue	`Revenues`	$98.95M	USD	1 Quarter
Net revenue	`Revenues`	$285.59M	USD	3 Qtrs
Selling and promotional expenses to related parties	`RelatedPartyTransactionExpensesFromTransactionsWithRelatedParty`	$2.70M	USD	1 Quarter
Selling and promotional expenses to related parties	`RelatedPartyTransactionExpensesFromTransactionsWithRelatedParty`	$7.69M	USD	3 Qtrs
Selling and promotional expenses to related parties	`RelatedPartyTransactionExpensesFromTransactionsWithRelatedParty`	$151.00K	USD	1 Quarter
Selling and promotional expenses to related parties	`RelatedPartyTransactionExpensesFromTransactionsWithRelatedParty`	$612.00K	USD	3 Qtrs
Instructional costs and services	`InstructionalCostsAndServices`	$45.72M	USD	1 Quarter
Instructional costs and services	`InstructionalCostsAndServices`	$48.93M	USD	1 Quarter
Instructional costs and services	`InstructionalCostsAndServices`	$144.16M	USD	3 Qtrs
Instructional costs and services	`InstructionalCostsAndServices`	$133.41M	USD	3 Qtrs
Selling and promotional, including $151 and $2,702 for the three months ended September 30, 2011 and 2010, respectively, and $612 and $7,694 for the nine months ended September 30, 2011 and 2010, respectively, to related parties	`SellingAndMarketingExpense`	$83.95M	USD	3 Qtrs
Selling and promotional, including $151 and $2,702 for the three months ended September 30, 2011 and 2010, respectively, and $612 and $7,694 for the nine months ended September 30, 2011 and 2010, respectively, to related parties	`SellingAndMarketingExpense`	$88.79M	USD	3 Qtrs
Selling and promotional, including $151 and $2,702 for the three months ended September 30, 2011 and 2010, respectively, and $612 and $7,694 for the nine months ended September 30, 2011 and 2010, respectively, to related parties	`SellingAndMarketingExpense`	$31.25M	USD	1 Quarter
Selling and promotional, including $151 and $2,702 for the three months ended September 30, 2011 and 2010, respectively, and $612 and $7,694 for the nine months ended September 30, 2011 and 2010, respectively, to related parties	`SellingAndMarketingExpense`	$28.10M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$18.89M	USD	3 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$7.14M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$21.02M	USD	3 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$6.61M	USD	1 Quarter
Lease termination fee	`LeaseTerminationFee`	$922.00K	USD	3 Qtrs
Lease termination fee	`LeaseTerminationFee`	$922.00K	USD	1 Quarter
Exit costs	`BusinessExitCosts`	$232.00K	USD	3 Qtrs
Exit costs	`BusinessExitCosts`	$27.00K	USD	1 Quarter
Total costs and expenses	`CostsAndExpenses`	$88.25M	USD	1 Quarter
Total costs and expenses	`CostsAndExpenses`	$236.48M	USD	3 Qtrs
Total costs and expenses	`CostsAndExpenses`	$254.89M	USD	3 Qtrs
Total costs and expenses	`CostsAndExpenses`	$80.45M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$20.66M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$18.49M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$49.11M	USD	3 Qtrs
Operating income	`OperatingIncomeLoss`	$58.85M	USD	3 Qtrs
Interest expense	`InterestExpense`	$176.00K	USD	1 Quarter
Interest expense	`InterestExpense`	$306.00K	USD	3 Qtrs
Interest expense	`InterestExpense`	$682.00K	USD	3 Qtrs
Interest expense	`InterestExpense`	$170.00K	USD	1 Quarter
Interest income	`InvestmentIncomeInterest`	$33.00K	USD	1 Quarter
Interest income	`InvestmentIncomeInterest`	$20.00K	USD	1 Quarter
Interest income	`InvestmentIncomeInterest`	$78.00K	USD	3 Qtrs
Interest income	`InvestmentIncomeInterest`	$131.00K	USD	3 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$48.56M	USD	3 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$18.35M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$58.62M	USD	3 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$20.51M	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$19.60M	USD	3 Qtrs
Income tax expense	`IncomeTaxExpenseBenefit`	$23.40M	USD	3 Qtrs
Income tax expense	`IncomeTaxExpenseBenefit`	$7.64M	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$7.61M	USD	1 Quarter
Net income	`NetIncomeLoss`	$12.87M	USD	1 Quarter
Net income	`NetIncomeLoss`	$28.96M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$35.22M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$10.74M	USD	1 Quarter
Basic	`EarningsPerShareBasic`	$0.29	USD	1 Quarter
Basic	`EarningsPerShareBasic`	$0.63	USD	3 Qtrs
Basic	`EarningsPerShareBasic`	$0.79	USD	3 Qtrs
Basic	`EarningsPerShareBasic`	$0.23	USD	1 Quarter
Diluted	`EarningsPerShareDiluted`	$0.23	USD	1 Quarter
Diluted	`EarningsPerShareDiluted`	$0.29	USD	1 Quarter
Diluted	`EarningsPerShareDiluted`	$0.62	USD	3 Qtrs
Diluted	`EarningsPerShareDiluted`	$0.78	USD	3 Qtrs
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	44.84M	shares	3 Qtrs
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	45.72M	shares	3 Qtrs
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	45.75M	shares	1 Quarter
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	44.30M	shares	1 Quarter
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	45.29M	shares	3 Qtrs
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	46.35M	shares	1 Quarter
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	46.41M	shares	3 Qtrs
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	44.79M	shares	1 Quarter

Cash Flow Statement 80 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$12.87M	USD	1 Quarter
Net income	`NetIncomeLoss`	$28.96M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$35.22M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$10.74M	USD	1 Quarter
Share-based compensation	`ShareBasedCompensation`	$3.69M	USD	3 Qtrs
Share-based compensation	`ShareBasedCompensation`	$4.80M	USD	3 Qtrs
Excess tax benefits from share-based compensation	`ExcessTaxBenefitFromShareBasedCompensationOperatingActivities`	$675.00K	USD	3 Qtrs
Amortization of debt issuance costs	`AmortizationOfFinancingCosts`	$42.00K	USD	3 Qtrs
Amortization of debt issuance costs	`AmortizationOfFinancingCosts`	$48.00K	USD	3 Qtrs
Provision for bad debts	`ProvisionForDoubtfulAccounts`	$27.90M	USD	3 Qtrs
Provision for bad debts	`ProvisionForDoubtfulAccounts`	$29.28M	USD	3 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$8.55M	USD	3 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$12.05M	USD	3 Qtrs
Lease termination fee	`LeaseTerminationFee`	$922.00K	USD	3 Qtrs
Lease termination fee	`LeaseTerminationFee`	$922.00K	USD	1 Quarter
Non-capitalizable system conversion costs	`NonCapitalizableSystemConversionCosts`	$4.01M	USD	3 Qtrs
Litigation settlement	`GainLossRelatedToLitigationSettlement`	$5.20M	USD	3 Qtrs
Exit costs	`IncreaseDecreaseInRestructuringReserve`	$-545.00K	USD	3 Qtrs
Exit costs	`IncreaseDecreaseInRestructuringReserve`	$-64.00K	USD	3 Qtrs
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$-9.46M	USD	3 Qtrs
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$10.19M	USD	3 Qtrs
Other	`OtherNoncashIncomeExpense`	$67.00K	USD	3 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$39.08M	USD	3 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$26.25M	USD	3 Qtrs
Prepaid expenses and other	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$4.26M	USD	3 Qtrs
Prepaid expenses and other	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$4.58M	USD	3 Qtrs
Due to/from related parties	`IncreaseDecreaseInDueToRelatedPartiesCurrent`	$3.58M	USD	3 Qtrs
Due to/from related parties	`IncreaseDecreaseInDueToRelatedPartiesCurrent`	$-9.88M	USD	3 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayableTrade`	$1.76M	USD	3 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayableTrade`	$5.32M	USD	3 Qtrs
Accrued liabilities and employee related liabilities	`IncreaseDecreaseInAccruedLiabilities`	$-4.21M	USD	3 Qtrs
Accrued liabilities and employee related liabilities	`IncreaseDecreaseInAccruedLiabilities`	$5.95M	USD	3 Qtrs
Income taxes receivable/payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$-223.00K	USD	3 Qtrs
Income taxes receivable/payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$348.00K	USD	3 Qtrs
Deferred rent	`IncreaseDecreaseInDeferredRent`	$3.12M	USD	3 Qtrs
Deferred rent	`IncreaseDecreaseInDeferredRent`	$682.00K	USD	3 Qtrs
Deferred revenue	`IncreaseDecreaseInDeferredRevenue`	$19.71M	USD	3 Qtrs
Deferred revenue	`IncreaseDecreaseInDeferredRevenue`	$10.01M	USD	3 Qtrs
Student deposits	`IncreaseDecreaseInCustomerDeposits`	$34.77M	USD	3 Qtrs
Student deposits	`IncreaseDecreaseInCustomerDeposits`	$-390.00K	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$65.49M	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$80.53M	USD	3 Qtrs
Capital expenditures	`PaymentsToAcquireProductiveAssets`	$61.52M	USD	3 Qtrs
Capital expenditures	`PaymentsToAcquireProductiveAssets`	$39.59M	USD	3 Qtrs
Change in restricted cash and cash equivalents	`IncreaseDecreaseInRestrictedCash`	$-5.21M	USD	3 Qtrs
Change in restricted cash and cash equivalents	`IncreaseDecreaseInRestrictedCash`	$52.60M	USD	3 Qtrs
Proceeds from sale or maturity of investments	`ProceedsFromSaleAndMaturityOfAvailableForSaleSecurities`	$487.00K	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-91.71M	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-56.31M	USD	3 Qtrs
Principal payments on notes payable and capital lease obligations	`RepaymentsOfDebtAndCapitalLeaseObligations`	$2.86M	USD	3 Qtrs
Principal payments on notes payable and capital lease obligations	`RepaymentsOfDebtAndCapitalLeaseObligations`	$2.21M	USD	3 Qtrs
Debt issuance costs	`PaymentsOfDebtIssuanceCosts`	$70.00K	USD	3 Qtrs
Repurchase of common shares	`PaymentsForRepurchaseOfCommonStock`	$22.37M	USD	3 Qtrs
Repurchase of common shares	`PaymentsForRepurchaseOfCommonStock`	$782.00K	USD	3 Qtrs
Excess tax benefits from share-based compensation	`ExcessTaxBenefitFromShareBasedCompensationFinancingActivities`	$675.00K	USD	3 Qtrs
Net proceeds from exercise of stock options	`ProceedsFromStockOptionsExercised`	$1.39M	USD	3 Qtrs
Net proceeds from exercise of stock options	`ProceedsFromStockOptionsExercised`	$1.48M	USD	3 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivitiesContinuingOperations`	$-923.00K	USD	3 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivitiesContinuingOperations`	$-23.82M	USD	3 Qtrs
Net decrease in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-14.64M	USD	3 Qtrs
Net decrease in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-12.10M	USD	3 Qtrs
Cash and cash equivalents, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$33.64M	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$50.47M	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$19.00M	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$62.57M	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`	$50.47M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashAndCashEquivalentsAtCarryingValue`	$19.00M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashAndCashEquivalentsAtCarryingValue`	$62.57M	USD	Point-in-time
Cash paid for interest	`InterestPaid`	$315.00K	USD	3 Qtrs
Cash paid for interest	`InterestPaid`	$533.00K	USD	3 Qtrs
Cash paid for income taxes	`IncomeTaxesPaid`	$29.53M	USD	3 Qtrs
Cash paid for income taxes	`IncomeTaxesPaid`	$12.79M	USD	3 Qtrs
Purchases of property and equipment included in accounts payable	`CapitalExpendituresIncurredButNotYetPaid`	$7.58M	USD	3 Qtrs
Purchases of property and equipment included in accounts payable	`CapitalExpendituresIncurredButNotYetPaid`	$4.83M	USD	3 Qtrs
Purchase of equipment through capital lease obligations	`CapitalLeaseObligationsIncurred`	$625.00K	USD	3 Qtrs
Purchase of equipment through capital lease obligations	`CapitalLeaseObligationsIncurred`	$801.00K	USD	3 Qtrs
Tax benefit of Spirit warrant intangible	`TaxBenefitOfSpiritWarrantIntangible`	$194.00K	USD	3 Qtrs
Tax benefit of Spirit warrant intangible	`TaxBenefitOfSpiritWarrantIntangible`	$160.00K	USD	3 Qtrs
Shortfall tax expense from share-based compensation	`ShortfallTaxExpenseFromShareBasedCompensation`	$117.00K	USD	3 Qtrs

Stockholders Equity 19 line items

Line Item	Tag	Value	Unit	Period
Tax effect on unrealized loss on hedging derivative	`OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodTax`	$41.00K	USD	3 Qtrs
Balance	`StockholdersEquity`	$146.67M	USD	Point-in-time
Balance	`StockholdersEquity`	$127.50M	USD	Point-in-time
Net income	`NetIncomeLoss`	$12.87M	USD	1 Quarter
Net income	`NetIncomeLoss`	$28.96M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$35.22M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$10.74M	USD	1 Quarter
Unrealized loss on hedging derivative, net of taxes of $41	`OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax`	$-66.00K	USD	1 Quarter
Unrealized loss on hedging derivative, net of taxes of $41	`OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax`	$-53.00K	USD	3 Qtrs
Unrealized loss on hedging derivative, net of taxes of $41	`OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax`	$-420.00K	USD	3 Qtrs
Unrealized loss on hedging derivative, net of taxes of $41	`OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax`	$-54.00K	USD	1 Quarter
Common stock purchased for treasury	`TreasuryStockValueAcquiredCostMethod`	$23.15M	USD	Annual
Common stock purchased for treasury	`TreasuryStockValueAcquiredCostMethod`	$22.37M	USD	3 Qtrs
Exercise of stock options	`StockIssuedDuringPeriodValueStockOptionsExercised`	$1.48M	USD	3 Qtrs
Exercise of stock options, Shares	`StockIssuedDuringPeriodSharesStockOptionsExercised`	123,000.00	shares	3 Qtrs
Excess tax benefits from share-based compensation	`AdjustmentsToAdditionalPaidInCapitalTaxEffectFromShareBasedCompensation`	$99.00K	USD	3 Qtrs
Share-based compensation	`StockIssuedDuringPeriodValueShareBasedCompensation`	$4.80M	USD	3 Qtrs
Balance	`StockholdersEquity`	$146.67M	USD	Point-in-time
Balance	`StockholdersEquity`	$127.50M	USD	Point-in-time

Comprehensive Income 14 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$12.87M	USD	1 Quarter
Net income	`NetIncomeLoss`	$28.96M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$35.22M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$10.74M	USD	1 Quarter
Unrealized losses on hedging derivatives	`OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax`	$-66.00K	USD	1 Quarter
Unrealized losses on hedging derivatives	`OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax`	$-53.00K	USD	3 Qtrs
Unrealized losses on hedging derivatives	`OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax`	$-420.00K	USD	3 Qtrs
Unrealized losses on hedging derivatives	`OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax`	$-54.00K	USD	1 Quarter
Unrealized losses on available for sale securities	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-4.00K	USD	3 Qtrs
Realized gains on available for sale securities	`OtherComprehensiveIncomeReclassificationAdjustmentForSaleOfSecuritiesIncludedInNetIncomeNetOfTax`	$19.00K	USD	3 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$28.51M	USD	3 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$10.68M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$12.81M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$35.17M	USD	3 Qtrs

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