10-Q Filing

GRAND CANYON EDUCATION, INC. CIK: 1434588 Q3 2012

Filing Information

Form Type	10-Q
Accession Number	`0001193125-12-446536`
Period End Date	20120930
Filing Date	20121101
Fiscal Year	2012
Fiscal Period	Q3
XBRL Instance	lope-20120930.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 96 Income Statement 66 Cash Flow Statement 80 Stockholders Equity 20 Comprehensive Income 16

Balance Sheet 96 line items

Line Item	Tag	Value	Unit	Period
Allowance for doubtful accounts	`AllowanceForDoubtfulAccountsReceivableCurrent`	$9.30M	USD	Point-in-time
Allowance for doubtful accounts	`AllowanceForDoubtfulAccountsReceivableCurrent`	$11.71M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$21.19M	USD	Point-in-time
Preferred stock, par value	`PreferredStockParOrStatedValuePerShare`	$0.01	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
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$19.00M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$69.64M	USD	Point-in-time
Preferred stock, Shares authorized	`PreferredStockSharesAuthorized`	10.00M	shares	Point-in-time
Restricted cash and cash equivalents	`RestrictedCashAndCashEquivalentsAtCarryingValue`	$56.12M	USD	Point-in-time
Restricted cash and cash equivalents	`RestrictedCashAndCashEquivalentsAtCarryingValue`	$57.03M	USD	Point-in-time
Preferred stock, Shares authorized	`PreferredStockSharesAuthorized`	10.00M	shares	Point-in-time
Accounts receivable, net of allowance for doubtful accounts of $9,302 and $11,706 at September 30, 2012 and December 31, 2011, respectively	`AccountsReceivableNetCurrent`	$8.88M	USD	Point-in-time
Accounts receivable, net of allowance for doubtful accounts of $9,302 and $11,706 at September 30, 2012 and December 31, 2011, respectively	`AccountsReceivableNetCurrent`	$11.81M	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
Income taxes receivable	`IncomeTaxesReceivable`	$283.00K	USD	Point-in-time
Preferred stock, Shares Outstanding	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Income taxes receivable	`IncomeTaxesReceivable`	$11.86M	USD	Point-in-time
Preferred stock, Shares Outstanding	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Deferred income taxes	`DeferredTaxAssetsNetCurrent`	$5.22M	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
Common stock, Shares authorized	`CommonStockSharesAuthorized`	100.00M	shares	Point-in-time
Common stock, Shares authorized	`CommonStockSharesAuthorized`	100.00M	shares	Point-in-time
Other current assets	`OtherAssetsCurrent`	$11.08M	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$13.30M	USD	Point-in-time
Common stock, Shares issued	`CommonStockSharesIssued`	45.95M	shares	Point-in-time
Total current assets	`AssetsCurrent`	$115.41M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$154.35M	USD	Point-in-time
Common stock, Shares issued	`CommonStockSharesIssued`	46.86M	shares	Point-in-time
Common stock, Shares outstanding	`CommonStockSharesOutstanding`	44.30M	shares	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$256.53M	USD	Point-in-time
Common stock, Shares outstanding	`CommonStockSharesOutstanding`	44.90M	shares	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$189.95M	USD	Point-in-time
Restricted cash	`RestrictedCashAndCashEquivalentsNoncurrent`	$555.00K	USD	Point-in-time
Restricted cash	`RestrictedCashAndCashEquivalentsNoncurrent`	$375.00K	USD	Point-in-time
Treasury stock, shares	`TreasuryStockShares`	1.66M	shares	Point-in-time
Treasury stock, shares	`TreasuryStockShares`	1.96M	shares	Point-in-time
Prepaid royalties	`PrepaidRoyaltiesNoncurrent`	$5.46M	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`	$3.43M	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`	$423.09M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$25.20M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$18.52M	USD	Point-in-time
Accrued compensation and benefits	`EmployeeRelatedLiabilitiesCurrent`	$13.97M	USD	Point-in-time
Accrued compensation and benefits	`EmployeeRelatedLiabilitiesCurrent`	$12.23M	USD	Point-in-time
Accrued liabilities	`AccruedLiabilitiesCurrent`	$8.46M	USD	Point-in-time
Accrued liabilities	`AccruedLiabilitiesCurrent`	$15.64M	USD	Point-in-time
Income taxes payable	`AccruedIncomeTaxesCurrent`	$11.28M	USD	Point-in-time
Income taxes payable	`AccruedIncomeTaxesCurrent`	$536.00K	USD	Point-in-time
Student deposits	`CustomerDepositsCurrent`	$58.93M	USD	Point-in-time
Student deposits	`CustomerDepositsCurrent`	$57.60M	USD	Point-in-time
Deferred revenue	`DeferredRevenueCurrent`	$21.72M	USD	Point-in-time
Deferred revenue	`DeferredRevenueCurrent`	$46.68M	USD	Point-in-time
Due to related parties	`DueToRelatedPartiesCurrent`	$328.00K	USD	Point-in-time
Due to related parties	`DueToRelatedPartiesCurrent`	$227.00K	USD	Point-in-time
Current portion of capital lease obligations	`CapitalLeaseObligationsCurrent`	$470.00K	USD	Point-in-time
Current portion of capital lease obligations	`CapitalLeaseObligationsCurrent`	$87.00K	USD	Point-in-time
Current portion of notes payable	`NotesPayableCurrent`	$1.76M	USD	Point-in-time
Current portion of notes payable	`NotesPayableCurrent`	$1.74M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$121.50M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$173.87M	USD	Point-in-time
Capital lease obligations, less current portion	`CapitalLeaseObligationsNoncurrent`	$609.00K	USD	Point-in-time
Capital lease obligations, less current portion	`CapitalLeaseObligationsNoncurrent`	$674.00K	USD	Point-in-time
Other noncurrent liabilities	`OtherLiabilitiesNoncurrent`	$7.59M	USD	Point-in-time
Other noncurrent liabilities	`OtherLiabilitiesNoncurrent`	$7.14M	USD	Point-in-time
Deferred income taxes, noncurrent	`DeferredTaxLiabilitiesNoncurrent`	$5.11M	USD	Point-in-time
Deferred income taxes, noncurrent	`DeferredTaxLiabilitiesNoncurrent`	$5.33M	USD	Point-in-time
Notes payable, less current portion	`LongTermNotesPayable`	$19.90M	USD	Point-in-time
Notes payable, less current portion	`LongTermNotesPayable`	$18.68M	USD	Point-in-time
Total liabilities	`Liabilities`	$154.55M	USD	Point-in-time
Total liabilities	`Liabilities`	$205.86M	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, 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 September 30, 2012 and December 31, 2011	`PreferredStockValue`	-	USD	Point-in-time
Common stock, $0.01 par value, 100,000 shares authorized; 46,864 and 45,955 shares issued and 44,902 and 44,298 shares outstanding at September 30, 2012 and December 31, 2011, respectively	`CommonStockValue`	$469.00K	USD	Point-in-time
Common stock, $0.01 par value, 100,000 shares authorized; 46,864 and 45,955 shares issued and 44,902 and 44,298 shares outstanding at September 30, 2012 and December 31, 2011, respectively	`CommonStockValue`	$460.00K	USD	Point-in-time
Treasury stock, at cost, 1,962 and 1,657 shares of common stock at September 30, 2012 and December 31, 2011, respectively	`TreasuryStockValue`	$28.82M	USD	Point-in-time
Treasury stock, at cost, 1,962 and 1,657 shares of common stock at September 30, 2012 and December 31, 2011, respectively	`TreasuryStockValue`	$23.89M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$85.72M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$95.94M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-360.00K	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-265.00K	USD	Point-in-time
Accumulated earnings	`RetainedEarningsAccumulatedDeficit`	$149.91M	USD	Point-in-time
Accumulated earnings	`RetainedEarningsAccumulatedDeficit`	$101.37M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$163.29M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$217.23M	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$423.09M	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$317.85M	USD	Point-in-time

Income Statement 66 line items

Line Item	Tag	Value	Unit	Period
Selling and promotional expenses to related parties	`RelatedPartyTransactionExpensesFromTransactionsWithRelatedParty`	$151.00K	USD	1 Quarter
Net revenue	`Revenues`	$108.91M	USD	1 Quarter
Selling and promotional expenses to related parties	`RelatedPartyTransactionExpensesFromTransactionsWithRelatedParty`	$1.68M	USD	3 Qtrs
Selling and promotional expenses to related parties	`RelatedPartyTransactionExpensesFromTransactionsWithRelatedParty`	$640.00K	USD	1 Quarter
Net revenue	`Revenues`	$313.74M	USD	3 Qtrs
Net revenue	`Revenues`	$133.57M	USD	1 Quarter
Selling and promotional expenses to related parties	`RelatedPartyTransactionExpensesFromTransactionsWithRelatedParty`	$612.00K	USD	3 Qtrs
Net revenue	`Revenues`	$369.96M	USD	3 Qtrs
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`	$161.58M	USD	3 Qtrs
Instructional costs and services	`InstructionalCostsAndServices`	$57.35M	USD	1 Quarter
Selling and promotional, including $640 and $151 for the three months ended September 30, 2012 and 2011, respectively, and $1,681 and $612 for the nine months ended September 30, 2012 and 2011, respectively, to related parties	`SellingAndMarketingExpense`	$31.25M	USD	1 Quarter
Selling and promotional, including $640 and $151 for the three months ended September 30, 2012 and 2011, respectively, and $1,681 and $612 for the nine months ended September 30, 2012 and 2011, respectively, to related parties	`SellingAndMarketingExpense`	$103.76M	USD	3 Qtrs
Selling and promotional, including $640 and $151 for the three months ended September 30, 2012 and 2011, respectively, and $1,681 and $612 for the nine months ended September 30, 2012 and 2011, respectively, to related parties	`SellingAndMarketingExpense`	$36.45M	USD	1 Quarter
Selling and promotional, including $640 and $151 for the three months ended September 30, 2012 and 2011, respectively, and $1,681 and $612 for the nine months ended September 30, 2012 and 2011, respectively, to related parties	`SellingAndMarketingExpense`	$88.79M	USD	3 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$7.14M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$8.56M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$21.02M	USD	3 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$23.81M	USD	3 Qtrs
Lease termination fee	`LeaseTerminationFee`	$922.00K	USD	3 Qtrs
Lease termination fee	`LeaseTerminationFee`	$922.00K	USD	1 Quarter
Total costs and expenses	`CostsAndExpenses`	$254.89M	USD	3 Qtrs
Total costs and expenses	`CostsAndExpenses`	$102.36M	USD	1 Quarter
Total costs and expenses	`CostsAndExpenses`	$88.25M	USD	1 Quarter
Total costs and expenses	`CostsAndExpenses`	$289.15M	USD	3 Qtrs
Operating income	`OperatingIncomeLoss`	$31.20M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$80.81M	USD	3 Qtrs
Operating income	`OperatingIncomeLoss`	$20.66M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$58.85M	USD	3 Qtrs
Interest expense	`InterestExpense`	$306.00K	USD	3 Qtrs
Interest expense	`InterestExpense`	$154.00K	USD	1 Quarter
Interest expense	`InterestExpense`	$439.00K	USD	3 Qtrs
Interest expense	`InterestExpense`	$170.00K	USD	1 Quarter
Interest income	`InvestmentIncomeInterest`	$20.00K	USD	1 Quarter
Interest income	`InvestmentIncomeInterest`	$78.00K	USD	3 Qtrs
Interest income	`InvestmentIncomeInterest`	$16.00K	USD	1 Quarter
Interest income	`InvestmentIncomeInterest`	$52.00K	USD	3 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$31.07M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$58.62M	USD	3 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$20.51M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$80.42M	USD	3 Qtrs
Income tax expense	`IncomeTaxExpenseBenefit`	$7.64M	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$31.88M	USD	3 Qtrs
Income tax expense	`IncomeTaxExpenseBenefit`	$12.59M	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$23.40M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$18.47M	USD	1 Quarter
Net income	`NetIncomeLoss`	$48.54M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$12.87M	USD	1 Quarter
Net income	`NetIncomeLoss`	$35.22M	USD	3 Qtrs
Basic	`EarningsPerShareBasic`	$0.79	USD	3 Qtrs
Basic	`EarningsPerShareBasic`	$0.29	USD	1 Quarter
Basic	`EarningsPerShareBasic`	$0.42	USD	1 Quarter
Basic	`EarningsPerShareBasic`	$1.09	USD	3 Qtrs
Diluted	`EarningsPerShareDiluted`	$0.29	USD	1 Quarter
Diluted	`EarningsPerShareDiluted`	$0.78	USD	3 Qtrs
Diluted	`EarningsPerShareDiluted`	$1.07	USD	3 Qtrs
Diluted	`EarningsPerShareDiluted`	$0.41	USD	1 Quarter
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	44.37M	shares	1 Quarter
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	44.40M	shares	3 Qtrs
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	44.30M	shares	1 Quarter
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	44.84M	shares	3 Qtrs
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	45.34M	shares	1 Quarter
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	45.22M	shares	3 Qtrs
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	44.79M	shares	1 Quarter
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	45.29M	shares	3 Qtrs

Cash Flow Statement 80 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$18.47M	USD	1 Quarter
Net income	`NetIncomeLoss`	$48.54M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$12.87M	USD	1 Quarter
Net income	`NetIncomeLoss`	$35.22M	USD	3 Qtrs
Share-based compensation	`ShareBasedCompensation`	$4.80M	USD	3 Qtrs
Share-based compensation	`ShareBasedCompensation`	$5.75M	USD	3 Qtrs
Excess tax benefits from share-based compensation	`ExcessTaxBenefitFromShareBasedCompensationOperatingActivities`	$336.00K	USD	3 Qtrs
Amortization of debt issuance costs	`AmortizationOfFinancingCosts`	$48.00K	USD	3 Qtrs
Amortization of debt issuance costs	`AmortizationOfFinancingCosts`	$42.00K	USD	3 Qtrs
Provision for bad debts	`ProvisionForDoubtfulAccounts`	$13.49M	USD	3 Qtrs
Provision for bad debts	`ProvisionForDoubtfulAccounts`	$27.90M	USD	3 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$15.78M	USD	3 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$12.05M	USD	3 Qtrs
Litigation settlement	`GainLossRelatedToLitigationSettlement`	$5.20M	USD	3 Qtrs
Lease termination fee	`LeaseTerminationFee`	$922.00K	USD	3 Qtrs
Lease termination fee	`LeaseTerminationFee`	$922.00K	USD	1 Quarter
Exit costs	`IncreaseDecreaseInRestructuringReserve`	$-64.00K	USD	3 Qtrs
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$10.19M	USD	3 Qtrs
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$-2.15M	USD	3 Qtrs
Loss on asset disposal	`GainLossOnSaleOfPropertyPlantEquipment`	$-202.00K	USD	3 Qtrs
Restricted cash and cash equivalents	`IncreaseDecreaseInRestrictedCashForOperatingActivities`	$199.00K	USD	3 Qtrs
Restricted cash and cash equivalents	`IncreaseDecreaseInRestrictedCashForOperatingActivities`	$912.00K	USD	3 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$26.25M	USD	3 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$10.55M	USD	3 Qtrs
Prepaid expenses and other	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$4.58M	USD	3 Qtrs
Prepaid expenses and other	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$2.67M	USD	3 Qtrs
Due to/from related parties	`IncreaseDecreaseInDueToRelatedPartiesCurrent`	$101.00K	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`	$-962.00K	USD	3 Qtrs
Accrued liabilities and employee related liabilities	`IncreaseDecreaseInAccruedLiabilities`	$-4.21M	USD	3 Qtrs
Accrued liabilities and employee related liabilities	`IncreaseDecreaseInAccruedLiabilities`	$9.05M	USD	3 Qtrs
Income taxes receivable/payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$22.46M	USD	3 Qtrs
Income taxes receivable/payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$348.00K	USD	3 Qtrs
Deferred rent	`IncreaseDecreaseInDeferredRent`	$3.12M	USD	3 Qtrs
Deferred rent	`IncreaseDecreaseInDeferredRent`	$612.00K	USD	3 Qtrs
Deferred revenue	`IncreaseDecreaseInDeferredRevenue`	$24.96M	USD	3 Qtrs
Deferred revenue	`IncreaseDecreaseInDeferredRevenue`	$19.71M	USD	3 Qtrs
Student deposits	`IncreaseDecreaseInCustomerDeposits`	$-390.00K	USD	3 Qtrs
Student deposits	`IncreaseDecreaseInCustomerDeposits`	$1.33M	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$124.73M	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$65.29M	USD	3 Qtrs
Capital expenditures	`PaymentsToAcquireProductiveAssets`	$73.62M	USD	3 Qtrs
Capital expenditures	`PaymentsToAcquireProductiveAssets`	$61.52M	USD	3 Qtrs
Purchase of land and building related to future development	`PurchaseOfLandRelatedToFutureDevelopment`	$818.00K	USD	3 Qtrs
Restricted funds held for derivative collateral and legal matter	`IncreaseDecreaseInRestrictedCash`	$-5.41M	USD	3 Qtrs
Restricted funds held for derivative collateral and legal matter	`IncreaseDecreaseInRestrictedCash`	$-180.00K	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-56.11M	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-74.26M	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`	$1.77M	USD	3 Qtrs
Repurchase of common shares	`PaymentsForRepurchaseOfCommonStock`	$22.37M	USD	3 Qtrs
Repurchase of common shares	`PaymentsForRepurchaseOfCommonStock`	$4.92M	USD	3 Qtrs
Debt issuance costs	`PaymentsOfDebtIssuanceCosts`	$70.00K	USD	3 Qtrs
Excess tax benefits from share-based compensation	`ExcessTaxBenefitFromShareBasedCompensationFinancingActivities`	$336.00K	USD	3 Qtrs
Net proceeds from exercise of stock options	`ProceedsFromStockOptionsExercised`	$4.34M	USD	3 Qtrs
Net proceeds from exercise of stock options	`ProceedsFromStockOptionsExercised`	$1.48M	USD	3 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivitiesContinuingOperations`	$-23.82M	USD	3 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivitiesContinuingOperations`	$-2.02M	USD	3 Qtrs
Net increase (decrease) in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-14.64M	USD	3 Qtrs
Net increase (decrease) in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$48.45M	USD	3 Qtrs
Cash and cash equivalents, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$21.19M	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$33.64M	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`	$69.64M	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`	$33.64M	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`	$69.64M	USD	Point-in-time
Cash paid for interest	`InterestPaid`	$446.00K	USD	3 Qtrs
Cash paid for interest	`InterestPaid`	$315.00K	USD	3 Qtrs
Cash paid for income taxes	`IncomeTaxesPaid`	$19.61M	USD	3 Qtrs
Cash paid for income taxes	`IncomeTaxesPaid`	$12.79M	USD	3 Qtrs
Purchases of property and equipment included in accounts payable	`PurchasesOfPropertyAndEquipmentIncludedInAccountsPayable`	$4.83M	USD	3 Qtrs
Purchases of property and equipment included in accounts payable	`PurchasesOfPropertyAndEquipmentIncludedInAccountsPayable`	$7.64M	USD	3 Qtrs
Purchases of equipment through capital lease obligations	`AssetsAcquiredByCapitalLease`	$801.00K	USD	3 Qtrs
Tax benefit of Spirit warrant intangible	`TaxBenefitOfSpiritWarrantIntangible`	$194.00K	USD	3 Qtrs
Tax benefit of Spirit warrant intangible	`TaxBenefitOfSpiritWarrantIntangible`	$199.00K	USD	3 Qtrs
Shortfall tax expense from share-based compensation	`ShortfallTaxExpenseFromShareBasedCompensation`	$200.00K	USD	3 Qtrs
Shortfall tax expense from share-based compensation	`ShortfallTaxExpenseFromShareBasedCompensation`	$117.00K	USD	3 Qtrs

Stockholders Equity 20 line items

Line Item	Tag	Value	Unit	Period
Tax effect on unrealized loss on hedging derivative	`OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodTax`	$72.00K	USD	3 Qtrs
Beginning balance	`StockholdersEquity`	$163.29M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$217.23M	USD	Point-in-time
Net income	`NetIncomeLoss`	$18.47M	USD	1 Quarter
Net income	`NetIncomeLoss`	$48.54M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$12.87M	USD	1 Quarter
Net income	`NetIncomeLoss`	$35.22M	USD	3 Qtrs
Unrealized gain on hedging derivative, net of taxes of $72	`OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax`	$-54.00K	USD	1 Quarter
Unrealized gain on hedging derivative, net of taxes of $72	`OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax`	$33.00K	USD	1 Quarter
Unrealized gain on hedging derivative, net of taxes of $72	`OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax`	$-53.00K	USD	3 Qtrs
Unrealized gain on hedging derivative, net of taxes of $72	`OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax`	$95.00K	USD	3 Qtrs
Common stock purchased for treasury	`TreasuryStockValueAcquiredCostMethod`	$4.92M	USD	3 Qtrs
Common stock purchased for treasury, shares	`TreasuryStockSharesAcquired`	298,000.00	shares	3 Qtrs
Restricted shares forfeited	`StockIssuedDuringPeriodValueRestrictedStockAwardForfeitures`	-	USD	3 Qtrs
Exercise of stock options	`StockIssuedDuringPeriodValueStockOptionsExercised`	$4.34M	USD	3 Qtrs
Exercise of stock options, shares	`StockIssuedDuringPeriodSharesStockOptionsExercised`	339,000.00	shares	3 Qtrs
Excess tax benefits from share-based compensation	`AdjustmentsToAdditionalPaidInCapitalTaxEffectFromShareBasedCompensation`	$140.00K	USD	3 Qtrs
Share-based compensation	`StockIssuedDuringPeriodValueShareBasedCompensation`	$5.75M	USD	3 Qtrs
Ending balance	`StockholdersEquity`	$163.29M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$217.23M	USD	Point-in-time

Comprehensive Income 16 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$18.47M	USD	1 Quarter
Net income	`NetIncomeLoss`	$48.54M	USD	3 Qtrs
Unrealized gains (losses) on hedging derivatives, net of taxes	`OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax`	$41.00K	USD	3 Qtrs
Unrealized gains (losses) on hedging derivatives, net of taxes	`OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax`	$72.00K	USD	3 Qtrs
Unrealized gains (losses) on hedging derivatives, net of taxes	`OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax`	$41.00K	USD	1 Quarter
Net income	`NetIncomeLoss`	$12.87M	USD	1 Quarter
Unrealized gains (losses) on hedging derivatives, net of taxes	`OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax`	$26.00K	USD	1 Quarter
Net income	`NetIncomeLoss`	$35.22M	USD	3 Qtrs
Unrealized gains (losses) on hedging derivatives, net of taxes of $26 and $41 for the three months ended September 30, 2012 and 2011, respectively, and $72 and $41 for the nine months ended September 30, 2012 and 2011, respectively	`OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax`	$-54.00K	USD	1 Quarter
Unrealized gains (losses) on hedging derivatives, net of taxes of $26 and $41 for the three months ended September 30, 2012 and 2011, respectively, and $72 and $41 for the nine months ended September 30, 2012 and 2011, respectively	`OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax`	$33.00K	USD	1 Quarter
Unrealized gains (losses) on hedging derivatives, net of taxes of $26 and $41 for the three months ended September 30, 2012 and 2011, respectively, and $72 and $41 for the nine months ended September 30, 2012 and 2011, respectively	`OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax`	$-53.00K	USD	3 Qtrs
Unrealized gains (losses) on hedging derivatives, net of taxes of $26 and $41 for the three months ended September 30, 2012 and 2011, respectively, and $72 and $41 for the nine months ended September 30, 2012 and 2011, respectively	`OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax`	$95.00K	USD	3 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$35.17M	USD	3 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$18.50M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$12.81M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$48.63M	USD	3 Qtrs

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