10-Q Filing

GRAND CANYON EDUCATION, INC. CIK: 1434588 Q2 2012

Filing Information

Form Type	10-Q
Accession Number	`0001193125-12-337742`
Period End Date	20120630
Filing Date	20120806
Fiscal Year	2012
Fiscal Period	Q2
XBRL Instance	lope-20120630.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 96 Income Statement 64 Cash Flow Statement 76 Stockholders Equity 19 Comprehensive Income 16

Balance Sheet 96 line items

Line Item	Tag	Value	Unit	Period
Allowance for doubtful accounts	`AllowanceForDoubtfulAccountsReceivableCurrent`	$11.71M	USD	Point-in-time
Allowance for doubtful accounts	`AllowanceForDoubtfulAccountsReceivableCurrent`	$8.03M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$33.64M	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
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$50.76M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$21.19M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$14.65M	USD	Point-in-time
Restricted cash and cash equivalents	`RestrictedCashAndCashEquivalentsAtCarryingValue`	$56.12M	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
Restricted cash and cash equivalents	`RestrictedCashAndCashEquivalentsAtCarryingValue`	$54.48M	USD	Point-in-time
Accounts receivable, net of allowance for doubtful accounts of $8,026 and $11,706 at June 30,	`AccountsReceivableNetCurrent`	$11.81M	USD	Point-in-time
Accounts receivable, net of allowance for doubtful accounts of $8,026 and $11,706 at June 30,	`AccountsReceivableNetCurrent`	$8.36M	USD	Point-in-time
Preferred stock, shares issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Preferred stock, shares issued	`PreferredStockSharesIssued`	0.00	shares	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
Income taxes receivable	`IncomeTaxesReceivable`	-	USD	Point-in-time
Income taxes receivable	`IncomeTaxesReceivable`	$11.86M	USD	Point-in-time
Deferred income taxes	`DeferredTaxAssetsNetCurrent`	$3.35M	USD	Point-in-time
Common stock, par value	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Deferred income taxes	`DeferredTaxAssetsNetCurrent`	$3.35M	USD	Point-in-time
Common stock, par value	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$11.08M	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$12.28M	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	100.00M	shares	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	100.00M	shares	Point-in-time
Total current assets	`AssetsCurrent`	$115.41M	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	45.95M	shares	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	46.80M	shares	Point-in-time
Total current assets	`AssetsCurrent`	$129.23M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$233.27M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$189.95M	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	45.02M	shares	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	44.30M	shares	Point-in-time
Restricted cash	`RestrictedCashAndCashEquivalentsNoncurrent`	$555.00K	USD	Point-in-time
Treasury stock, shares	`TreasuryStockShares`	1.66M	shares	Point-in-time
Treasury stock, shares	`TreasuryStockShares`	1.78M	shares	Point-in-time
Restricted cash	`RestrictedCashAndCashEquivalentsNoncurrent`	$375.00K	USD	Point-in-time
Prepaid royalties	`PrepaidRoyaltiesNoncurrent`	$5.63M	USD	Point-in-time
Prepaid royalties	`PrepaidRoyaltiesNoncurrent`	$5.96M	USD	Point-in-time
Goodwill	`Goodwill`	$2.94M	USD	Point-in-time
Goodwill	`Goodwill`	$2.94M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$3.65M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$3.03M	USD	Point-in-time
Total assets	`Assets`	$317.85M	USD	Point-in-time
Total assets	`Assets`	$375.10M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$19.78M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$18.52M	USD	Point-in-time
Accrued compensation and benefits	`EmployeeRelatedLiabilitiesCurrent`	$12.23M	USD	Point-in-time
Accrued compensation and benefits	`EmployeeRelatedLiabilitiesCurrent`	$15.17M	USD	Point-in-time
Accrued liabilities	`AccruedLiabilitiesCurrent`	$8.46M	USD	Point-in-time
Accrued liabilities	`AccruedLiabilitiesCurrent`	$14.67M	USD	Point-in-time
Income taxes payable	`AccruedIncomeTaxesCurrent`	$7.64M	USD	Point-in-time
Income taxes payable	`AccruedIncomeTaxesCurrent`	$536.00K	USD	Point-in-time
Student deposits	`CustomerDepositsCurrent`	$55.25M	USD	Point-in-time
Student deposits	`CustomerDepositsCurrent`	$57.60M	USD	Point-in-time
Deferred revenue	`DeferredRevenueCurrent`	$31.11M	USD	Point-in-time
Deferred revenue	`DeferredRevenueCurrent`	$21.72M	USD	Point-in-time
Due to related parties	`DueToRelatedPartiesCurrent`	$227.00K	USD	Point-in-time
Due to related parties	`DueToRelatedPartiesCurrent`	$319.00K	USD	Point-in-time
Current portion of capital lease obligations	`CapitalLeaseObligationsCurrent`	$86.00K	USD	Point-in-time
Current portion of capital lease obligations	`CapitalLeaseObligationsCurrent`	$470.00K	USD	Point-in-time
Current portion of notes payable	`NotesPayableCurrent`	$1.74M	USD	Point-in-time
Current portion of notes payable	`NotesPayableCurrent`	$1.77M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$121.50M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$145.79M	USD	Point-in-time
Capital lease obligations, less current portion	`CapitalLeaseObligationsNoncurrent`	$674.00K	USD	Point-in-time
Capital lease obligations, less current portion	`CapitalLeaseObligationsNoncurrent`	$631.00K	USD	Point-in-time
Other noncurrent liabilities	`OtherLiabilitiesNoncurrent`	$7.14M	USD	Point-in-time
Other noncurrent liabilities	`OtherLiabilitiesNoncurrent`	$7.72M	USD	Point-in-time
Deferred income taxes, noncurrent	`DeferredTaxLiabilitiesNoncurrent`	$5.33M	USD	Point-in-time
Deferred income taxes, noncurrent	`DeferredTaxLiabilitiesNoncurrent`	$3.19M	USD	Point-in-time
Notes payable, less current portion	`LongTermNotesPayable`	$19.90M	USD	Point-in-time
Notes payable, less current portion	`LongTermNotesPayable`	$19.12M	USD	Point-in-time
Total liabilities	`Liabilities`	$176.45M	USD	Point-in-time
Total liabilities	`Liabilities`	$154.55M	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 June 30, 2012 and December 31, 2011	`PreferredStockValue`	-	USD	Point-in-time
Preferred stock, $0.01 par value, 10,000 shares authorized; 0 shares issued and outstanding at June 30, 2012 and December 31, 2011	`PreferredStockValue`	-	USD	Point-in-time
Common stock, $0.01 par value, 100,000 shares authorized; 46,797 and 45,955 shares issued and 45,017 and 44,298 shares outstanding at June 30, 2012 and December 31, 2011, respectively	`CommonStockValue`	$468.00K	USD	Point-in-time
Common stock, $0.01 par value, 100,000 shares authorized; 46,797 and 45,955 shares issued and 45,017 and 44,298 shares outstanding at June 30, 2012 and December 31, 2011, respectively	`CommonStockValue`	$460.00K	USD	Point-in-time
Treasury stock, at cost, 1,780 and 1,657 shares of common stock at June 30, 2012 and December 31, 2011, respectively	`TreasuryStockValue`	$23.89M	USD	Point-in-time
Treasury stock, at cost, 1,780 and 1,657 shares of common stock at June 30, 2012 and December 31, 2011, respectively	`TreasuryStockValue`	$25.87M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$85.72M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$92.91M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-298.00K	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-360.00K	USD	Point-in-time
Accumulated earnings	`RetainedEarningsAccumulatedDeficit`	$101.37M	USD	Point-in-time
Accumulated earnings	`RetainedEarningsAccumulatedDeficit`	$131.43M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$198.65M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$163.29M	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$375.10M	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$317.85M	USD	Point-in-time

Income Statement 64 line items

Line Item	Tag	Value	Unit	Period
Net revenue	`Revenues`	$119.26M	USD	1 Quarter
Selling and promotional expenses to related parties	`RelatedPartyTransactionExpensesFromTransactionsWithRelatedParty`	$2.00K	USD	1 Quarter
Net revenue	`Revenues`	$236.39M	USD	2 Qtrs
Net revenue	`Revenues`	$103.12M	USD	1 Quarter
Selling and promotional expenses to related parties	`RelatedPartyTransactionExpensesFromTransactionsWithRelatedParty`	$403.00K	USD	2 Qtrs
Selling and promotional expenses to related parties	`RelatedPartyTransactionExpensesFromTransactionsWithRelatedParty`	$594.00K	USD	1 Quarter
Net revenue	`Revenues`	$204.83M	USD	2 Qtrs
Selling and promotional expenses to related parties	`RelatedPartyTransactionExpensesFromTransactionsWithRelatedParty`	$1.04M	USD	2 Qtrs
Instructional costs and services	`InstructionalCostsAndServices`	$53.41M	USD	1 Quarter
Instructional costs and services	`InstructionalCostsAndServices`	$104.23M	USD	2 Qtrs
Instructional costs and services	`InstructionalCostsAndServices`	$95.23M	USD	2 Qtrs
Instructional costs and services	`InstructionalCostsAndServices`	$46.35M	USD	1 Quarter
Selling and promotional, including $594 and $2 for the three months ended June 30, 2012 and 2011, respectively, and $1041 and $4,03 for the six months ended June 30, 2012 and 2011, respectively, to related parties	`SellingAndMarketingExpense`	$27.71M	USD	1 Quarter
Selling and promotional, including $594 and $2 for the three months ended June 30, 2012 and 2011, respectively, and $1041 and $4,03 for the six months ended June 30, 2012 and 2011, respectively, to related parties	`SellingAndMarketingExpense`	$32.76M	USD	1 Quarter
Selling and promotional, including $594 and $2 for the three months ended June 30, 2012 and 2011, respectively, and $1041 and $4,03 for the six months ended June 30, 2012 and 2011, respectively, to related parties	`SellingAndMarketingExpense`	$57.54M	USD	2 Qtrs
Selling and promotional, including $594 and $2 for the three months ended June 30, 2012 and 2011, respectively, and $1041 and $4,03 for the six months ended June 30, 2012 and 2011, respectively, to related parties	`SellingAndMarketingExpense`	$67.31M	USD	2 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$7.04M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$7.70M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$13.87M	USD	2 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$15.24M	USD	2 Qtrs
Total costs and expenses	`CostsAndExpenses`	$93.86M	USD	1 Quarter
Total costs and expenses	`CostsAndExpenses`	$81.10M	USD	1 Quarter
Total costs and expenses	`CostsAndExpenses`	$186.79M	USD	2 Qtrs
Total costs and expenses	`CostsAndExpenses`	$166.64M	USD	2 Qtrs
Operating income	`OperatingIncomeLoss`	$25.40M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$22.02M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$49.60M	USD	2 Qtrs
Operating income	`OperatingIncomeLoss`	$38.19M	USD	2 Qtrs
Interest expense	`InterestExpense`	$285.00K	USD	2 Qtrs
Interest expense	`InterestExpense`	$29.00K	USD	1 Quarter
Interest expense	`InterestExpense`	$78.00K	USD	1 Quarter
Interest expense	`InterestExpense`	$136.00K	USD	2 Qtrs
Interest income	`InvestmentIncomeInterest`	$36.00K	USD	2 Qtrs
Interest income	`InvestmentIncomeInterest`	$26.00K	USD	1 Quarter
Interest income	`InvestmentIncomeInterest`	$58.00K	USD	2 Qtrs
Interest income	`InvestmentIncomeInterest`	$26.00K	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$49.35M	USD	2 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$22.01M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$25.35M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$38.11M	USD	2 Qtrs
Income tax expense	`IncomeTaxExpenseBenefit`	$15.76M	USD	2 Qtrs
Income tax expense	`IncomeTaxExpenseBenefit`	$19.29M	USD	2 Qtrs
Income tax expense	`IncomeTaxExpenseBenefit`	$9.75M	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$9.14M	USD	1 Quarter
Net income	`NetIncomeLoss`	$22.35M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$30.07M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$15.60M	USD	1 Quarter
Net income	`NetIncomeLoss`	$12.87M	USD	1 Quarter
Basic	`EarningsPerShareBasic`	$0.50	USD	2 Qtrs
Basic	`EarningsPerShareBasic`	$0.68	USD	2 Qtrs
Basic	`EarningsPerShareBasic`	$0.35	USD	1 Quarter
Basic	`EarningsPerShareBasic`	$0.29	USD	1 Quarter
Diluted	`EarningsPerShareDiluted`	$0.49	USD	2 Qtrs
Diluted	`EarningsPerShareDiluted`	$0.29	USD	1 Quarter
Diluted	`EarningsPerShareDiluted`	$0.35	USD	1 Quarter
Diluted	`EarningsPerShareDiluted`	$0.67	USD	2 Qtrs
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	44.45M	shares	1 Quarter
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	44.66M	shares	1 Quarter
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	45.12M	shares	2 Qtrs
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	44.41M	shares	2 Qtrs
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	45.17M	shares	1 Quarter
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	45.16M	shares	2 Qtrs
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	45.55M	shares	2 Qtrs
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	45.02M	shares	1 Quarter

Cash Flow Statement 76 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$22.35M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$30.07M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$15.60M	USD	1 Quarter
Net income	`NetIncomeLoss`	$12.87M	USD	1 Quarter
Share-based compensation	`ShareBasedCompensation`	$3.72M	USD	2 Qtrs
Share-based compensation	`ShareBasedCompensation`	$3.13M	USD	2 Qtrs
Excess tax benefits from share-based compensation	`ExcessTaxBenefitFromShareBasedCompensationOperatingActivities`	$121.00K	USD	2 Qtrs
Amortization of debt issuance costs	`AmortizationOfFinancingCosts`	$32.00K	USD	2 Qtrs
Amortization of debt issuance costs	`AmortizationOfFinancingCosts`	$30.00K	USD	2 Qtrs
Provision for bad debts	`ProvisionForDoubtfulAccounts`	$7.87M	USD	2 Qtrs
Provision for bad debts	`ProvisionForDoubtfulAccounts`	$18.28M	USD	2 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$7.83M	USD	2 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$10.16M	USD	2 Qtrs
Exit costs	`IncreaseDecreaseInRestructuringReserve`	$-64.00K	USD	2 Qtrs
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$-2.19M	USD	2 Qtrs
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$1.39M	USD	2 Qtrs
Loss on asset disposal	`GainLossOnSaleOfPropertyPlantEquipment`	$-182.00K	USD	2 Qtrs
Restricted cash and cash equivalents	`IncreaseDecreaseInRestrictedCashForOperatingActivities`	$-1.59M	USD	2 Qtrs
Restricted cash and cash equivalents	`IncreaseDecreaseInRestrictedCashForOperatingActivities`	$-1.63M	USD	2 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$13.37M	USD	2 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$4.42M	USD	2 Qtrs
Prepaid expenses and other	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$1.85M	USD	2 Qtrs
Prepaid expenses and other	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$1.13M	USD	2 Qtrs
Due to/from related parties	`IncreaseDecreaseInDueToRelatedPartiesCurrent`	$-8.77M	USD	2 Qtrs
Due to/from related parties	`IncreaseDecreaseInDueToRelatedPartiesCurrent`	$92.00K	USD	2 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayableTrade`	$5.00M	USD	2 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayableTrade`	$-1.63M	USD	2 Qtrs
Accrued liabilities and employee related liabilities	`IncreaseDecreaseInAccruedLiabilities`	$-3.10M	USD	2 Qtrs
Accrued liabilities and employee related liabilities	`IncreaseDecreaseInAccruedLiabilities`	$9.29M	USD	2 Qtrs
Accrued litigation loss	`IncreaseDecreaseInAccruedLitigationLoss`	$5.20M	USD	2 Qtrs
Income taxes receivable/payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$2.29M	USD	2 Qtrs
Income taxes receivable/payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$19.02M	USD	2 Qtrs
Deferred rent	`IncreaseDecreaseInDeferredRent`	$682.00K	USD	2 Qtrs
Deferred rent	`IncreaseDecreaseInDeferredRent`	$2.70M	USD	2 Qtrs
Deferred revenue	`IncreaseDecreaseInDeferredRevenue`	$9.38M	USD	2 Qtrs
Deferred revenue	`IncreaseDecreaseInDeferredRevenue`	$6.83M	USD	2 Qtrs
Student deposits	`IncreaseDecreaseInCustomerDeposits`	$-2.35M	USD	2 Qtrs
Student deposits	`IncreaseDecreaseInCustomerDeposits`	$-2.17M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$79.58M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$37.61M	USD	2 Qtrs
Capital expenditures	`PaymentsToAcquireProductiveAssets`	$38.28M	USD	2 Qtrs
Capital expenditures	`PaymentsToAcquireProductiveAssets`	$50.45M	USD	2 Qtrs
Restricted funds held for derivative collateral and legal matter	`IncreaseDecreaseInRestrictedCash`	$-180.00K	USD	2 Qtrs
Restricted funds held for derivative collateral and legal matter	`IncreaseDecreaseInRestrictedCash`	$-5.41M	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-32.87M	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-50.27M	USD	2 Qtrs
Principal payments on notes payable and capital lease obligations	`RepaymentsOfDebtAndCapitalLeaseObligations`	$1.30M	USD	2 Qtrs
Principal payments on notes payable and capital lease obligations	`RepaymentsOfDebtAndCapitalLeaseObligations`	$1.89M	USD	2 Qtrs
Repurchase of common shares	`PaymentsForRepurchaseOfCommonStock`	$22.37M	USD	2 Qtrs
Repurchase of common shares	`PaymentsForRepurchaseOfCommonStock`	$1.98M	USD	2 Qtrs
Debt issuance costs	`PaymentsOfDebtIssuanceCosts`	$70.00K	USD	2 Qtrs
Excess tax benefits from share-based compensation	`ExcessTaxBenefitFromShareBasedCompensationFinancingActivities`	$121.00K	USD	2 Qtrs
Net proceeds from exercise of stock options	`ProceedsFromStockOptionsExercised`	$603.00K	USD	2 Qtrs
Net proceeds from exercise of stock options	`ProceedsFromStockOptionsExercised`	$3.43M	USD	2 Qtrs
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivitiesContinuingOperations`	$270.00K	USD	2 Qtrs
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivitiesContinuingOperations`	$-23.73M	USD	2 Qtrs
Net increase (decrease) in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-18.98M	USD	2 Qtrs
Net increase (decrease) in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$29.57M	USD	2 Qtrs
Cash and cash equivalents, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$33.64M	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$50.76M	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$21.19M	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$14.65M	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`	$50.76M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashAndCashEquivalentsAtCarryingValue`	$21.19M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashAndCashEquivalentsAtCarryingValue`	$14.65M	USD	Point-in-time
Cash paid for interest	`InterestPaid`	$145.00K	USD	2 Qtrs
Cash paid for interest	`InterestPaid`	$286.00K	USD	2 Qtrs
Cash paid for income taxes	`IncomeTaxesPaid`	$10.38M	USD	2 Qtrs
Cash paid for income taxes	`IncomeTaxesPaid`	$11.79M	USD	2 Qtrs
Purchases of property and equipment included in accounts payable	`PurchasesOfPropertyAndEquipmentIncludedInAccountsPayable`	$2.89M	USD	2 Qtrs
Purchases of property and equipment included in accounts payable	`PurchasesOfPropertyAndEquipmentIncludedInAccountsPayable`	$6.79M	USD	2 Qtrs
Tax benefit of Spirit warrant intangible	`TaxBenefitOfSpiritWarrantIntangible`	$134.00K	USD	2 Qtrs
Tax benefit of Spirit warrant intangible	`TaxBenefitOfSpiritWarrantIntangible`	$127.00K	USD	2 Qtrs
Shortfall tax expense from share-based compensation	`ShortfallTaxExpenseFromShareBasedCompensation`	$125.00K	USD	2 Qtrs
Shortfall tax expense from share-based compensation	`ShortfallTaxExpenseFromShareBasedCompensation`	$47.00K	USD	2 Qtrs

Stockholders Equity 19 line items

Line Item	Tag	Value	Unit	Period
Tax effect on unrealized losses on hedging derivative	`OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodTax`	$46.00K	USD	2 Qtrs
Beginning balance	`StockholdersEquity`	$198.65M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$163.29M	USD	Point-in-time
Net income	`NetIncomeLoss`	$22.35M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$30.07M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$15.60M	USD	1 Quarter
Net income	`NetIncomeLoss`	$12.87M	USD	1 Quarter
Unrealized gain on hedging derivative, net of taxes of $46	`OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax`	$62.00K	USD	2 Qtrs
Unrealized gain on hedging derivative, net of taxes of $46	`OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax`	$-54.00K	USD	1 Quarter
Unrealized gain on hedging derivative, net of taxes of $46	`OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax`	$35.00K	USD	1 Quarter
Unrealized gain on hedging derivative, net of taxes of $46	`OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax`	$-1.00K	USD	2 Qtrs
Common stock purchased for treasury	`TreasuryStockValueAcquiredCostMethod`	$1.98M	USD	2 Qtrs
Common stock purchased for treasury, shares	`TreasuryStockSharesAcquired`	120,000.00	shares	2 Qtrs
Exercise of stock options	`StockIssuedDuringPeriodValueStockOptionsExercised`	$3.43M	USD	2 Qtrs
Exercise of stock options, shares	`StockIssuedDuringPeriodSharesStockOptionsExercised`	273,000.00	shares	2 Qtrs
Excess tax benefits from share-based compensation	`AdjustmentsToAdditionalPaidInCapitalTaxEffectFromShareBasedCompensation`	$60.00K	USD	2 Qtrs
Share-based compensation	`StockIssuedDuringPeriodValueShareBasedCompensation`	$3.72M	USD	2 Qtrs
Ending balance	`StockholdersEquity`	$198.65M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$163.29M	USD	Point-in-time

Comprehensive Income 16 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$22.35M	USD	2 Qtrs
Unrealized gains (losses) on hedging derivative net of taxes	`OtherComprehensiveIncomeDerivativesQualifyingAsHedgesNetOfTaxPeriodIncreaseDecrease`	$26.00K	USD	1 Quarter
Net income	`NetIncomeLoss`	$30.07M	USD	2 Qtrs
Unrealized gains (losses) on hedging derivative net of taxes	`OtherComprehensiveIncomeDerivativesQualifyingAsHedgesNetOfTaxPeriodIncreaseDecrease`	$21.00K	USD	1 Quarter
Net income	`NetIncomeLoss`	$15.60M	USD	1 Quarter
Net income	`NetIncomeLoss`	$12.87M	USD	1 Quarter
Unrealized gains (losses) on hedging derivative net of taxes	`OtherComprehensiveIncomeDerivativesQualifyingAsHedgesNetOfTaxPeriodIncreaseDecrease`	$46.00K	USD	2 Qtrs
Unrealized gains (losses) on hedging derivative net of taxes	`OtherComprehensiveIncomeDerivativesQualifyingAsHedgesNetOfTaxPeriodIncreaseDecrease`	-	USD	2 Qtrs
Unrealized gains (losses) on hedging derivatives, net of taxes of $26 and $21 for the three months ended June 30, 2012 and 2011, respectively, and $46 and $0 for the six months ended June 30, 2012 and 2011, respectively	`OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax`	$62.00K	USD	2 Qtrs
Unrealized gains (losses) on hedging derivatives, net of taxes of $26 and $21 for the three months ended June 30, 2012 and 2011, respectively, and $46 and $0 for the six months ended June 30, 2012 and 2011, respectively	`OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax`	$-54.00K	USD	1 Quarter
Unrealized gains (losses) on hedging derivatives, net of taxes of $26 and $21 for the three months ended June 30, 2012 and 2011, respectively, and $46 and $0 for the six months ended June 30, 2012 and 2011, respectively	`OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax`	$35.00K	USD	1 Quarter
Unrealized gains (losses) on hedging derivatives, net of taxes of $26 and $21 for the three months ended June 30, 2012 and 2011, respectively, and $46 and $0 for the six months ended June 30, 2012 and 2011, respectively	`OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax`	$-1.00K	USD	2 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$12.82M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$22.35M	USD	2 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$15.63M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$30.13M	USD	2 Qtrs

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