10-Q Filing

GRAND CANYON EDUCATION, INC. CIK: 1434588 Q1 2013

Filing Information

Form Type	10-Q
Accession Number	`0001193125-13-204520`
Period End Date	20130331
Filing Date	20130507
Fiscal Year	2013
Fiscal Period	Q1
XBRL Instance	lope-20130331.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 96 Income Statement 38 Cash Flow Statement 75 Stockholders Equity 17 Comprehensive Income 10

Balance Sheet 96 line items

Line Item	Tag	Value	Unit	Period
Allowance for doubtful accounts	`AllowanceForDoubtfulAccountsReceivableCurrent`	$8.39M	USD	Point-in-time
Allowance for doubtful accounts	`AllowanceForDoubtfulAccountsReceivableCurrent`	$8.66M	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`	$21.19M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$105.11M	USD	Point-in-time
Preferred stock, shares authorized	`PreferredStockSharesAuthorized`	10.00M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$56.70M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$127.74M	USD	Point-in-time
Preferred stock, shares authorized	`PreferredStockSharesAuthorized`	10.00M	shares	Point-in-time
Restricted cash and cash equivalents	`RestrictedCashAndCashEquivalentsAtCarryingValue`	$55.96M	USD	Point-in-time
Restricted cash and cash equivalents	`RestrictedCashAndCashEquivalentsAtCarryingValue`	$49.68M	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
Investments	`ShortTermInvestments`	$23.80M	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
Accounts receivable, net of allowance for doubtful accounts of $8,389 and $8,657 at March 31, 2013 and December 31, 2012, respectively	`AccountsReceivableNetCurrent`	$7.95M	USD	Point-in-time
Common stock, par value	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Accounts receivable, net of allowance for doubtful accounts of $8,389 and $8,657 at March 31, 2013 and December 31, 2012, respectively	`AccountsReceivableNetCurrent`	$7.65M	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
Note receivable secured by real estate	`AccountsAndNotesReceivableNet`	$27.00M	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	100.00M	shares	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	48.17M	shares	Point-in-time
Deferred income taxes	`DeferredTaxAssetsNetCurrent`	$5.48M	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	47.14M	shares	Point-in-time
Deferred income taxes	`DeferredTaxAssetsNetCurrent`	$5.28M	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$12.67M	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	45.49M	shares	Point-in-time
Other current assets	`OtherAssetsCurrent`	$13.85M	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	44.72M	shares	Point-in-time
Treasury stock, shares	`TreasuryStockShares`	2.42M	shares	Point-in-time
Treasury stock, shares	`TreasuryStockShares`	2.68M	shares	Point-in-time
Total current assets	`AssetsCurrent`	$214.17M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$228.00M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$283.58M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$269.16M	USD	Point-in-time
Restricted cash	`RestrictedCashAndCashEquivalentsNoncurrent`	$225.00K	USD	Point-in-time
Restricted cash	`RestrictedCashAndCashEquivalentsNoncurrent`	$225.00K	USD	Point-in-time
Prepaid royalties	`PrepaidRoyaltiesNoncurrent`	$5.13M	USD	Point-in-time
Prepaid royalties	`PrepaidRoyaltiesNoncurrent`	$5.30M	USD	Point-in-time
Goodwill	`Goodwill`	$2.94M	USD	Point-in-time
Goodwill	`Goodwill`	$2.94M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$3.12M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$4.01M	USD	Point-in-time
Total assets	`Assets`	$494.92M	USD	Point-in-time
Total assets	`Assets`	$523.89M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$20.35M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$14.17M	USD	Point-in-time
Accrued compensation and benefits	`EmployeeRelatedLiabilitiesCurrent`	$18.81M	USD	Point-in-time
Accrued compensation and benefits	`EmployeeRelatedLiabilitiesCurrent`	$13.16M	USD	Point-in-time
Accrued liabilities	`AccruedLiabilitiesCurrent`	$17.47M	USD	Point-in-time
Accrued liabilities	`AccruedLiabilitiesCurrent`	$17.59M	USD	Point-in-time
Income taxes payable	`AccruedIncomeTaxesCurrent`	$9.21M	USD	Point-in-time
Income taxes payable	`AccruedIncomeTaxesCurrent`	$8.70M	USD	Point-in-time
Student deposits	`CustomerDepositsCurrent`	$57.74M	USD	Point-in-time
Student deposits	`CustomerDepositsCurrent`	$51.28M	USD	Point-in-time
Deferred revenue	`DeferredRevenueCurrent`	$28.61M	USD	Point-in-time
Deferred revenue	`DeferredRevenueCurrent`	$38.96M	USD	Point-in-time
Due to related parties	`DueToRelatedPartiesCurrent`	$429.00K	USD	Point-in-time
Due to related parties	`DueToRelatedPartiesCurrent`	$523.00K	USD	Point-in-time
Current portion of capital lease obligations	`CapitalLeaseObligationsCurrent`	$87.00K	USD	Point-in-time
Current portion of capital lease obligations	`CapitalLeaseObligationsCurrent`	$88.00K	USD	Point-in-time
Current portion of notes payable	`NotesPayableCurrent`	$6.60M	USD	Point-in-time
Current portion of notes payable	`NotesPayableCurrent`	$6.60M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$157.67M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$152.73M	USD	Point-in-time
Capital lease obligations, less current portion	`CapitalLeaseObligationsNoncurrent`	$587.00K	USD	Point-in-time
Capital lease obligations, less current portion	`CapitalLeaseObligationsNoncurrent`	$565.00K	USD	Point-in-time
Other noncurrent liabilities	`OtherLiabilitiesNoncurrent`	$7.41M	USD	Point-in-time
Other noncurrent liabilities	`OtherLiabilitiesNoncurrent`	$7.14M	USD	Point-in-time
Deferred income taxes, noncurrent	`DeferredTaxLiabilitiesNoncurrent`	$8.60M	USD	Point-in-time
Deferred income taxes, noncurrent	`DeferredTaxLiabilitiesNoncurrent`	$7.04M	USD	Point-in-time
Notes payable, less current portion	`LongTermNotesPayable`	$91.45M	USD	Point-in-time
Notes payable, less current portion	`LongTermNotesPayable`	$93.10M	USD	Point-in-time
Total liabilities	`Liabilities`	$260.86M	USD	Point-in-time
Total liabilities	`Liabilities`	$265.43M	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 March 31, 2013 and December 31, 2012	`PreferredStockValue`	-	USD	Point-in-time
Preferred stock, $0.01 par value, 10,000 shares authorized; 0 shares issued and outstanding at March 31, 2013 and December 31, 2012	`PreferredStockValue`	-	USD	Point-in-time
Common stock, $0.01 par value, 100,000 shares authorized; 48,167 and 47,136 shares issued and 45,492 and 44,716 shares outstanding at March 31, 2013 and December 31, 2012, respectively	`CommonStockValue`	$471.00K	USD	Point-in-time
Common stock, $0.01 par value, 100,000 shares authorized; 48,167 and 47,136 shares issued and 45,492 and 44,716 shares outstanding at March 31, 2013 and December 31, 2012, respectively	`CommonStockValue`	$482.00K	USD	Point-in-time
Treasury stock, at cost, 2,676 and 2,420 shares of common stock at March 31, 2013 and December 31, 2012	`TreasuryStockValue`	$45.14M	USD	Point-in-time
Treasury stock, at cost, 2,676 and 2,420 shares of common stock at March 31, 2013 and December 31, 2012	`TreasuryStockValue`	$39.14M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$111.56M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$102.13M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-191.00K	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-223.00K	USD	Point-in-time
Accumulated earnings	`RetainedEarningsAccumulatedDeficit`	$170.81M	USD	Point-in-time
Accumulated earnings	`RetainedEarningsAccumulatedDeficit`	$191.76M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$258.46M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$234.06M	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$523.89M	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$494.92M	USD	Point-in-time

Income Statement 38 line items

Line Item	Tag	Value	Unit	Period
Net revenue	`Revenues`	$142.03M	USD	1 Quarter
Admissions advisory and related expenses to related parties	`RelatedPartyTransactionExpensesFromTransactionsWithRelatedParty`	$432.00K	USD	1 Quarter
Admissions advisory and related expenses to related parties	`RelatedPartyTransactionExpensesFromTransactionsWithRelatedParty`	$753.00K	USD	1 Quarter
Net revenue	`Revenues`	$117.13M	USD	1 Quarter
Advertising, due to related parties	`AdvertisingRelatedPartyTransactions`	$15.00K	USD	1 Quarter
Advertising, due to related parties	`AdvertisingRelatedPartyTransactions`	-	USD	1 Quarter
Instructional costs and services	`InstructionalCostsAndServices`	$60.00M	USD	1 Quarter
Instructional costs and services	`InstructionalCostsAndServices`	$50.82M	USD	1 Quarter
Admissions advisory and related, including $753 and $432 to related parties for March 31, 2013 and 2012, respectively	`AdmissionsAdvisoryAndRelatedExpenses`	$22.99M	USD	1 Quarter
Admissions advisory and related, including $753 and $432 to related parties for March 31, 2013 and 2012, respectively	`AdmissionsAdvisoryAndRelatedExpenses`	$19.99M	USD	1 Quarter
Advertising, including $0 and $15 to related parties for March 31, 2013 and 2012, respectively	`AdvertisingExpense`	$15.93M	USD	1 Quarter
Advertising, including $0 and $15 to related parties for March 31, 2013 and 2012, respectively	`AdvertisingExpense`	$13.64M	USD	1 Quarter
Marketing and promotional	`MarketingAndAdvertisingExpense`	$929.00K	USD	1 Quarter
Marketing and promotional	`MarketingAndAdvertisingExpense`	$1.44M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$7.54M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$8.05M	USD	1 Quarter
Total costs and expenses	`CostsAndExpenses`	$108.41M	USD	1 Quarter
Total costs and expenses	`CostsAndExpenses`	$92.93M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$33.62M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$24.20M	USD	1 Quarter
Interest expense	`InterestExpense`	$668.00K	USD	1 Quarter
Interest expense	`InterestExpense`	$207.00K	USD	1 Quarter
Interest income and other income	`InterestIncomeAndOtherGains`	$10.00K	USD	1 Quarter
Interest income and other income	`InterestIncomeAndOtherGains`	$2.19M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$35.15M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$24.01M	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$9.54M	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$14.21M	USD	1 Quarter
Net income	`NetIncomeLoss`	$20.95M	USD	1 Quarter
Net income	`NetIncomeLoss`	$14.47M	USD	1 Quarter
Basic income per share	`EarningsPerShareBasic`	$0.47	USD	1 Quarter
Basic income per share	`EarningsPerShareBasic`	$0.33	USD	1 Quarter
Diluted income per share	`EarningsPerShareDiluted`	$0.46	USD	1 Quarter
Diluted income per share	`EarningsPerShareDiluted`	$0.32	USD	1 Quarter
Basic weighted average shares outstanding	`WeightedAverageNumberOfSharesOutstandingBasic`	44.24M	shares	1 Quarter
Basic weighted average shares outstanding	`WeightedAverageNumberOfSharesOutstandingBasic`	44.37M	shares	1 Quarter
Diluted weighted average shares outstanding	`WeightedAverageNumberOfDilutedSharesOutstanding`	45.45M	shares	1 Quarter
Diluted weighted average shares outstanding	`WeightedAverageNumberOfDilutedSharesOutstanding`	45.15M	shares	1 Quarter

Cash Flow Statement 75 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$20.95M	USD	1 Quarter
Net income	`NetIncomeLoss`	$14.47M	USD	1 Quarter
Share-based compensation	`ShareBasedCompensation`	$1.69M	USD	1 Quarter
Share-based compensation	`ShareBasedCompensation`	$2.17M	USD	1 Quarter
Excess tax benefits from share-based compensation	`ExcessTaxBenefitFromShareBasedCompensationOperatingActivities`	$65.00K	USD	1 Quarter
Excess tax benefits from share-based compensation	`ExcessTaxBenefitFromShareBasedCompensationOperatingActivities`	$3.50M	USD	1 Quarter
Amortization of debt issuance costs	`AmortizationOfFinancingCosts`	$15.00K	USD	1 Quarter
Provision for bad debts	`ProvisionForDoubtfulAccounts`	$4.94M	USD	1 Quarter
Provision for bad debts	`ProvisionForDoubtfulAccounts`	$4.12M	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$5.03M	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$5.95M	USD	1 Quarter
Loss on asset disposal	`GainLossOnDispositionOfAssets`	$-182.00K	USD	1 Quarter
Gain on proceeds received from note receivable	`GainLossOnSaleOfNotesReceivable`	$2.19M	USD	1 Quarter
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$1.74M	USD	1 Quarter
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$-247.00K	USD	1 Quarter
Restricted cash and cash equivalents	`IncreaseDecreaseInRestrictedCashForOperatingActivities`	$-5.66M	USD	1 Quarter
Restricted cash and cash equivalents	`IncreaseDecreaseInRestrictedCashForOperatingActivities`	$-6.28M	USD	1 Quarter
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$4.64M	USD	1 Quarter
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$150.00K	USD	1 Quarter
Prepaid expenses and other	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$1.10M	USD	1 Quarter
Prepaid expenses and other	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$2.07M	USD	1 Quarter
Due to/from related parties	`IncreaseDecreaseInDueToRelatedPartiesCurrent`	$-94.00K	USD	1 Quarter
Due to/from related parties	`IncreaseDecreaseInDueToRelatedPartiesCurrent`	$52.00K	USD	1 Quarter
Accounts payable	`IncreaseDecreaseInAccountsPayableTrade`	$2.11M	USD	1 Quarter
Accounts payable	`IncreaseDecreaseInAccountsPayableTrade`	$742.00K	USD	1 Quarter
Accrued liabilities and employee related liabilities	`IncreaseDecreaseInAccruedLiabilities`	$-5.53M	USD	1 Quarter
Accrued liabilities and employee related liabilities	`IncreaseDecreaseInAccruedLiabilities`	$-2.80M	USD	1 Quarter
Income taxes receivable/payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$1.90M	USD	1 Quarter
Income taxes receivable/payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$16.56M	USD	1 Quarter
Deferred rent	`IncreaseDecreaseInDeferredRent`	$-193.00K	USD	1 Quarter
Deferred rent	`IncreaseDecreaseInDeferredRent`	$622.00K	USD	1 Quarter
Deferred revenue	`IncreaseDecreaseInDeferredRevenue`	$11.76M	USD	1 Quarter
Deferred revenue	`IncreaseDecreaseInDeferredRevenue`	$10.35M	USD	1 Quarter
Student deposits	`IncreaseDecreaseInCustomerDeposits`	$-6.47M	USD	1 Quarter
Student deposits	`IncreaseDecreaseInCustomerDeposits`	$-5.70M	USD	1 Quarter
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$31.71M	USD	1 Quarter
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$50.84M	USD	1 Quarter
Capital expenditures	`PaymentsToAcquireProductiveAssets`	$14.70M	USD	1 Quarter
Capital expenditures	`PaymentsToAcquireProductiveAssets`	$16.88M	USD	1 Quarter
Purchase of land and building related to future development	`PurchaseOfLandRelatedToFutureDevelopment`	$1.44M	USD	1 Quarter
Purchases of investments	`PaymentsToAcquireInvestments`	$23.81M	USD	1 Quarter
Proceeds received from note receivable	`ProceedsFromSaleOfNotesReceivable`	$29.19M	USD	1 Quarter
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivitiesContinuingOperations`	$-16.88M	USD	1 Quarter
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivitiesContinuingOperations`	$-10.77M	USD	1 Quarter
Principal payments on notes payable and capital lease obligations	`RepaymentsOfDebtAndCapitalLeaseObligations`	$829.00K	USD	1 Quarter
Principal payments on notes payable and capital lease obligations	`RepaymentsOfDebtAndCapitalLeaseObligations`	$1.67M	USD	1 Quarter
Repurchase of common shares including shares withheld in lieu of income taxes	`PaymentsForRepurchaseOfCommonStock`	$6.01M	USD	1 Quarter
Excess tax benefits from share-based compensation	`ExcessTaxBenefitFromShareBasedCompensationFinancingActivities`	$3.50M	USD	1 Quarter
Excess tax benefits from share-based compensation	`ExcessTaxBenefitFromShareBasedCompensationFinancingActivities`	$65.00K	USD	1 Quarter
Net proceeds from exercise of stock options	`ProceedsFromStockOptionsExercised`	$5.86M	USD	1 Quarter
Net proceeds from exercise of stock options	`ProceedsFromStockOptionsExercised`	$2.31M	USD	1 Quarter
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivitiesContinuingOperations`	$1.68M	USD	1 Quarter
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivitiesContinuingOperations`	$1.55M	USD	1 Quarter
Net increase in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$35.51M	USD	1 Quarter
Net increase in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$22.63M	USD	1 Quarter
Cash and cash equivalents, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$21.19M	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$105.11M	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$56.70M	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$127.74M	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`	$105.11M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashAndCashEquivalentsAtCarryingValue`	$56.70M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashAndCashEquivalentsAtCarryingValue`	$127.74M	USD	Point-in-time
Cash paid for interest	`InterestPaid`	$253.00K	USD	1 Quarter
Cash paid for interest	`InterestPaid`	$573.00K	USD	1 Quarter
Cash paid for income taxes	`IncomeTaxesPaid`	$10.57M	USD	1 Quarter
Cash paid for income taxes	`IncomeTaxesPaid`	$1.06M	USD	1 Quarter
Cash received for income tax refunds	`ProceedsFromIncomeTaxRefunds`	$7.52M	USD	1 Quarter
Cash received for income tax refunds	`ProceedsFromIncomeTaxRefunds`	$2.00K	USD	1 Quarter
Purchases of property and equipment included in accounts payable	`PurchasesOfPropertyAndEquipmentIncludedInAccountsPayable`	$4.07M	USD	1 Quarter
Purchases of property and equipment included in accounts payable	`PurchasesOfPropertyAndEquipmentIncludedInAccountsPayable`	$5.39M	USD	1 Quarter
Tax benefit of Spirit warrant intangible	`TaxBenefitOfSpiritWarrantIntangible`	$67.00K	USD	1 Quarter
Tax benefit of Spirit warrant intangible	`TaxBenefitOfSpiritWarrantIntangible`	$59.00K	USD	1 Quarter
Shortfall tax expense from share-based compensation	`ShortfallTaxExpenseFromShareBasedCompensation`	$74.00K	USD	1 Quarter
Shortfall tax expense from share-based compensation	`ShortfallTaxExpenseFromShareBasedCompensation`	$17.00K	USD	1 Quarter

Stockholders Equity 17 line items

Line Item	Tag	Value	Unit	Period
Tax effect on unrealized gain on hedging derivative	`OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodTax`	$31.00K	USD	1 Quarter
Tax effect on unrealized gain on hedging derivative	`OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodTax`	$20.00K	USD	1 Quarter
Tax effect on unrealized losses on available-for-sale securities	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax`	-	USD	1 Quarter
Beginning Balance	`StockholdersEquity`	$258.46M	USD	Point-in-time
Beginning Balance	`StockholdersEquity`	$234.06M	USD	Point-in-time
Net income	`NetIncomeLoss`	$20.95M	USD	1 Quarter
Net income	`NetIncomeLoss`	$14.47M	USD	1 Quarter
Unrealized gain on hedging derivative, net of taxes of $31	`OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax`	$40.00K	USD	1 Quarter
Unrealized gain on hedging derivative, net of taxes of $31	`OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax`	$27.00K	USD	1 Quarter
Unrealized losses on available-for-sale securities, net of taxes of $0	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-8.00K	USD	1 Quarter
Common stock purchased for treasury	`StockRepurchasedDuringPeriodValue`	$5.07M	USD	1 Quarter
Exercise of stock options	`StockIssuedDuringPeriodValueStockOptionsExercised`	$5.86M	USD	1 Quarter
Exercise of stock options, Shares	`StockIssuedDuringPeriodSharesStockOptionsExercised`	459,000.00	shares	1 Quarter
Excess tax benefits	`AdjustmentsToAdditionalPaidInCapitalTaxEffectFromShareBasedCompensation`	$1.41M	USD	1 Quarter
Share-based compensation	`StockIssuedDuringPeriodValueShareBasedCompensation`	$1.23M	USD	1 Quarter
Ending Balance	`StockholdersEquity`	$258.46M	USD	Point-in-time
Ending Balance	`StockholdersEquity`	$234.06M	USD	Point-in-time

Comprehensive Income 10 line items

Line Item	Tag	Value	Unit	Period
Unrealized losses on available-for-sale securities, taxes	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax`	-	USD	1 Quarter
Net income	`NetIncomeLoss`	$20.95M	USD	1 Quarter
Net income	`NetIncomeLoss`	$14.47M	USD	1 Quarter
Unrealized gains on hedging derivatives, taxes	`OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodTax`	$31.00K	USD	1 Quarter
Unrealized gains on hedging derivatives, taxes	`OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodTax`	$20.00K	USD	1 Quarter
Unrealized losses on available-for-sale securities, net of taxes of $0 for March 31, 2013	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-8.00K	USD	1 Quarter
Unrealized gains on hedging derivatives, net of taxes of $31 and $20 for March 31, 2013 and 2012, respectively	`OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax`	$40.00K	USD	1 Quarter
Unrealized gains on hedging derivatives, net of taxes of $31 and $20 for March 31, 2013 and 2012, respectively	`OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax`	$27.00K	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$14.50M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$20.98M	USD	1 Quarter

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