10-Q Filing

GRAND CANYON EDUCATION, INC. CIK: 1434588 Q2 2014

Filing Information

Form Type	10-Q
Accession Number	`0001193125-14-172171`
Period End Date	20140331
Filing Date	20140430
Fiscal Year	2014
Fiscal Period	Q2
XBRL Instance	lope-20140331.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 93 Income Statement 36 Cash Flow Statement 78 Stockholders Equity 10 Comprehensive Income 12

Balance Sheet 93 line items

Line Item	Tag	Value	Unit	Period
Preferred stock, par value	`PreferredStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Preferred stock, par value	`PreferredStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Preferred stock, shares authorized	`PreferredStockSharesAuthorized`	10.00M	shares	Point-in-time
Preferred stock, shares authorized	`PreferredStockSharesAuthorized`	10.00M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$127.74M	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
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$105.11M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$39.13M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$55.82M	USD	Point-in-time
Preferred stock, shares outstanding	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Restricted cash and cash equivalents	`RestrictedCashAndCashEquivalentsAtCarryingValue`	$64.37M	USD	Point-in-time
Preferred stock, shares outstanding	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Restricted cash and cash equivalents	`RestrictedCashAndCashEquivalentsAtCarryingValue`	$50.83M	USD	Point-in-time
Investments	`ShortTermInvestments`	$108.42M	USD	Point-in-time
Common stock, par value	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Investments	`ShortTermInvestments`	$157.47M	USD	Point-in-time
Common stock, par value	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$7.22M	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
Accounts receivable, net	`AccountsReceivableNetCurrent`	$7.38M	USD	Point-in-time
Income taxes receivable	`IncomeTaxesReceivable`	$3.60M	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	48.89M	shares	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	49.58M	shares	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	46.64M	shares	Point-in-time
Deferred income taxes	`DeferredTaxAssetsNetCurrent`	$5.25M	USD	Point-in-time
Deferred income taxes	`DeferredTaxAssetsNetCurrent`	$5.16M	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	46.05M	shares	Point-in-time
Treasury stock, shares	`TreasuryStockShares`	2.85M	shares	Point-in-time
Treasury stock, shares	`TreasuryStockShares`	2.94M	shares	Point-in-time
Other current assets	`OtherAssetsCurrent`	$17.88M	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$19.12M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$263.70M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$277.94M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$339.60M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$365.50M	USD	Point-in-time
Prepaid royalties	`PrepaidRoyaltiesNoncurrent`	$4.64M	USD	Point-in-time
Prepaid royalties	`PrepaidRoyaltiesNoncurrent`	$3.87M	USD	Point-in-time
Goodwill	`Goodwill`	$2.94M	USD	Point-in-time
Goodwill	`Goodwill`	$2.94M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$5.00M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$5.22M	USD	Point-in-time
Total assets	`Assets`	$616.10M	USD	Point-in-time
Total assets	`Assets`	$655.25M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$27.97M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$24.23M	USD	Point-in-time
Accrued compensation and benefits	`EmployeeRelatedLiabilitiesCurrent`	$14.95M	USD	Point-in-time
Accrued compensation and benefits	`EmployeeRelatedLiabilitiesCurrent`	$20.09M	USD	Point-in-time
Accrued liabilities	`AccruedLiabilitiesCurrent`	$14.55M	USD	Point-in-time
Accrued liabilities	`AccruedLiabilitiesCurrent`	$13.23M	USD	Point-in-time
Income taxes payable	`AccruedIncomeTaxesCurrent`	$7.00K	USD	Point-in-time
Income taxes payable	`AccruedIncomeTaxesCurrent`	$5.04M	USD	Point-in-time
Student deposits	`CustomerDepositsCurrent`	$54.21M	USD	Point-in-time
Student deposits	`CustomerDepositsCurrent`	$66.77M	USD	Point-in-time
Deferred revenue	`DeferredRevenueCurrent`	$32.82M	USD	Point-in-time
Deferred revenue	`DeferredRevenueCurrent`	$46.70M	USD	Point-in-time
Due to related parties	`DueToRelatedPartiesCurrent`	$516.00K	USD	Point-in-time
Due to related parties	`DueToRelatedPartiesCurrent`	$454.00K	USD	Point-in-time
Current portion of capital lease obligations	`CapitalLeaseObligationsCurrent`	$90.00K	USD	Point-in-time
Current portion of capital lease obligations	`CapitalLeaseObligationsCurrent`	$89.00K	USD	Point-in-time
Current portion of notes payable	`NotesPayableCurrent`	$6.61M	USD	Point-in-time
Current portion of notes payable	`NotesPayableCurrent`	$6.61M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$165.62M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$169.31M	USD	Point-in-time
Capital lease obligations, less current portion	`CapitalLeaseObligationsNoncurrent`	$497.00K	USD	Point-in-time
Capital lease obligations, less current portion	`CapitalLeaseObligationsNoncurrent`	$475.00K	USD	Point-in-time
Other noncurrent liabilities	`OtherLiabilitiesNoncurrent`	$6.81M	USD	Point-in-time
Other noncurrent liabilities	`OtherLiabilitiesNoncurrent`	$6.55M	USD	Point-in-time
Deferred income taxes, noncurrent	`DeferredTaxLiabilitiesNoncurrent`	$11.83M	USD	Point-in-time
Deferred income taxes, noncurrent	`DeferredTaxLiabilitiesNoncurrent`	$13.18M	USD	Point-in-time
Notes payable, less current portion	`LongTermNotesPayable`	$86.49M	USD	Point-in-time
Notes payable, less current portion	`LongTermNotesPayable`	$84.84M	USD	Point-in-time
Total liabilities	`Liabilities`	$274.36M	USD	Point-in-time
Total liabilities	`Liabilities`	$271.26M	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, 2014 and December 31, 2013	`PreferredStockValue`	-	USD	Point-in-time
Preferred stock, $0.01 par value, 10,000 shares authorized; 0 shares issued and outstanding at March 31, 2014 and December 31, 2013	`PreferredStockValue`	-	USD	Point-in-time
Common stock, $0.01 par value, 100,000 shares authorized; 49,582 and 48,890 shares issued and 46,638 and 46,045 shares outstanding at March 31, 2014 and December 31, 2013, respectively	`CommonStockValue`	$496.00K	USD	Point-in-time
Common stock, $0.01 par value, 100,000 shares authorized; 49,582 and 48,890 shares issued and 46,638 and 46,045 shares outstanding at March 31, 2014 and December 31, 2013, respectively	`CommonStockValue`	$489.00K	USD	Point-in-time
Treasury stock, at cost, 2,944 and 2,845 shares of common stock at March 31, 2014 and December 31, 2013, respectively	`TreasuryStockValue`	$48.43M	USD	Point-in-time
Treasury stock, at cost, 2,944 and 2,845 shares of common stock at March 31, 2014 and December 31, 2013, respectively	`TreasuryStockValue`	$52.67M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$132.90M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$146.94M	USD	Point-in-time
Accumulated other comprehensive income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$316.00K	USD	Point-in-time
Accumulated other comprehensive income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$358.00K	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$285.81M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$259.52M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$380.89M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$344.84M	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$616.10M	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$655.25M	USD	Point-in-time

Income Statement 36 line items

Line Item	Tag	Value	Unit	Period
Admissions advisory and related expenses to related parties	`RelatedPartyTransactionExpensesFromTransactionsWithRelatedParty`	$805.00K	USD	1 Quarter
Net revenue	`SalesRevenueNet`	$142.03M	USD	1 Quarter
Net revenue	`SalesRevenueNet`	$167.43M	USD	1 Quarter
Admissions advisory and related expenses to related parties	`RelatedPartyTransactionExpensesFromTransactionsWithRelatedParty`	$753.00K	USD	1 Quarter
Instructional costs and services	`InstructionalCostsAndServices`	$60.00M	USD	1 Quarter
Instructional costs and services	`InstructionalCostsAndServices`	$70.68M	USD	1 Quarter
Admissions advisory and related, including $805 and $753 to related parties for the three months ended March 31, 2014 and 2013, respectively	`AdmissionsAdvisoryAndRelatedExpenses`	$26.26M	USD	1 Quarter
Admissions advisory and related, including $805 and $753 to related parties for the three months ended March 31, 2014 and 2013, respectively	`AdmissionsAdvisoryAndRelatedExpenses`	$22.99M	USD	1 Quarter
Advertising	`AdvertisingExpense`	$15.93M	USD	1 Quarter
Advertising	`AdvertisingExpense`	$16.71M	USD	1 Quarter
Marketing and promotional	`MarketingAndAdvertisingExpense`	$1.44M	USD	1 Quarter
Marketing and promotional	`MarketingAndAdvertisingExpense`	$1.79M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$8.55M	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`	$124.00M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$33.62M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$43.44M	USD	1 Quarter
Interest expense	`InterestExpense`	$523.00K	USD	1 Quarter
Interest expense	`InterestExpense`	$668.00K	USD	1 Quarter
Interest and other income	`InvestmentIncomeNonoperating`	$137.00K	USD	1 Quarter
Interest and other income	`InvestmentIncomeNonoperating`	$2.19M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$35.15M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$43.05M	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$16.76M	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$14.21M	USD	1 Quarter
Net income	`NetIncomeLoss`	$26.29M	USD	1 Quarter
Net income	`NetIncomeLoss`	$20.95M	USD	1 Quarter
Basic income per share	`EarningsPerShareBasic`	$0.58	USD	1 Quarter
Basic income per share	`EarningsPerShareBasic`	$0.47	USD	1 Quarter
Diluted income per share	`EarningsPerShareDiluted`	$0.56	USD	1 Quarter
Diluted income per share	`EarningsPerShareDiluted`	$0.46	USD	1 Quarter
Basic weighted average shares outstanding	`WeightedAverageNumberOfSharesOutstandingBasic`	44.24M	shares	1 Quarter
Basic weighted average shares outstanding	`WeightedAverageNumberOfSharesOutstandingBasic`	45.20M	shares	1 Quarter
Diluted weighted average shares outstanding	`WeightedAverageNumberOfDilutedSharesOutstanding`	45.45M	shares	1 Quarter
Diluted weighted average shares outstanding	`WeightedAverageNumberOfDilutedSharesOutstanding`	46.84M	shares	1 Quarter

Cash Flow Statement 78 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$26.29M	USD	1 Quarter
Net income	`NetIncomeLoss`	$20.95M	USD	1 Quarter
Share-based compensation	`AllocatedShareBasedCompensationExpense`	$2.17M	USD	1 Quarter
Share-based compensation	`AllocatedShareBasedCompensationExpense`	$2.20M	USD	1 Quarter
Excess tax benefits from share-based compensation	`ExcessTaxBenefitFromShareBasedCompensationOperatingActivities`	$6.42M	USD	1 Quarter
Excess tax benefits from share-based compensation	`ExcessTaxBenefitFromShareBasedCompensationOperatingActivities`	$3.50M	USD	1 Quarter
Provision for bad debts	`ProvisionForDoubtfulAccounts`	$4.94M	USD	1 Quarter
Provision for bad debts	`ProvisionForDoubtfulAccounts`	$3.79M	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$6.93M	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$5.95M	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`	$1.15M	USD	1 Quarter
Prepaid royalty impairment	`AmortizationOfAdvanceRoyalty`	$966.00K	USD	1 Quarter
Other	`OtherNoncashIncomeExpense`	$-121.00K	USD	1 Quarter
Restricted cash and cash equivalents	`IncreaseDecreaseInRestrictedCashForOperatingActivities`	$-6.28M	USD	1 Quarter
Restricted cash and cash equivalents	`IncreaseDecreaseInRestrictedCashForOperatingActivities`	$-13.53M	USD	1 Quarter
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$3.96M	USD	1 Quarter
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$4.64M	USD	1 Quarter
Prepaid expenses and other	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$2.07M	USD	1 Quarter
Prepaid expenses and other	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-957.00K	USD	1 Quarter
Due to/from related parties	`IncreaseDecreaseInDueToRelatedPartiesCurrent`	$62.00K	USD	1 Quarter
Due to/from related parties	`IncreaseDecreaseInDueToRelatedPartiesCurrent`	$-94.00K	USD	1 Quarter
Accounts payable	`IncreaseDecreaseInAccountsPayableTrade`	$2.11M	USD	1 Quarter
Accounts payable	`IncreaseDecreaseInAccountsPayableTrade`	$-1.70M	USD	1 Quarter
Accrued liabilities and employee related liabilities	`IncreaseDecreaseInAccruedLiabilities`	$-6.42M	USD	1 Quarter
Accrued liabilities and employee related liabilities	`IncreaseDecreaseInAccruedLiabilities`	$-5.53M	USD	1 Quarter
Income taxes receivable/payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$1.90M	USD	1 Quarter
Income taxes receivable/payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$15.10M	USD	1 Quarter
Deferred rent	`IncreaseDecreaseInDeferredRent`	$-193.00K	USD	1 Quarter
Deferred rent	`IncreaseDecreaseInDeferredRent`	$-260.00K	USD	1 Quarter
Deferred revenue	`IncreaseDecreaseInDeferredRevenue`	$10.35M	USD	1 Quarter
Deferred revenue	`IncreaseDecreaseInDeferredRevenue`	$13.88M	USD	1 Quarter
Student deposits	`IncreaseDecreaseInCustomerDeposits`	$-6.47M	USD	1 Quarter
Student deposits	`IncreaseDecreaseInCustomerDeposits`	$-12.56M	USD	1 Quarter
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$31.71M	USD	1 Quarter
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$53.67M	USD	1 Quarter
Capital expenditures	`PaymentsToAcquireProductiveAssets`	$27.21M	USD	1 Quarter
Capital expenditures	`PaymentsToAcquireProductiveAssets`	$14.70M	USD	1 Quarter
Purchase of land and building related to offsite development	`PurchaseOfLandRelatedToOffsiteDevelopment`	$1.44M	USD	1 Quarter
Purchases of investments	`PaymentsToAcquireInvestments`	$23.81M	USD	1 Quarter
Purchases of investments	`PaymentsToAcquireInvestments`	$62.71M	USD	1 Quarter
Proceeds from sale or maturity of investments	`ProceedsFromSaleAndMaturityOfAvailableForSaleSecurities`	$13.66M	USD	1 Quarter
Proceeds received from note receivable	`ProceedsFromSaleOfNotesReceivable`	$29.19M	USD	1 Quarter
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivitiesContinuingOperations`	$-76.26M	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`	$1.67M	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
Repurchase of common shares including shares withheld in lieu of income taxes	`PaymentsForRepurchaseOfCommonStock`	$4.24M	USD	1 Quarter
Excess tax benefits from share-based compensation	`ExcessTaxBenefitFromShareBasedCompensationFinancingActivities`	$6.42M	USD	1 Quarter
Excess tax benefits from share-based compensation	`ExcessTaxBenefitFromShareBasedCompensationFinancingActivities`	$3.50M	USD	1 Quarter
Net proceeds from exercise of stock options	`ProceedsFromStockOptionsExercised`	$5.39M	USD	1 Quarter
Net proceeds from exercise of stock options	`ProceedsFromStockOptionsExercised`	$5.86M	USD	1 Quarter
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivitiesContinuingOperations`	$1.68M	USD	1 Quarter
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivitiesContinuingOperations`	$5.89M	USD	1 Quarter
Net (decrease) increase in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$22.63M	USD	1 Quarter
Net (decrease) increase in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-16.70M	USD	1 Quarter
Cash and cash equivalents, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$127.74M	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`	$39.13M	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$55.82M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashAndCashEquivalentsAtCarryingValue`	$127.74M	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`	$39.13M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashAndCashEquivalentsAtCarryingValue`	$55.82M	USD	Point-in-time
Cash paid for interest	`InterestPaid`	$573.00K	USD	1 Quarter
Cash paid for interest	`InterestPaid`	$535.00K	USD	1 Quarter
Cash paid for income taxes	`IncomeTaxesPaid`	$10.57M	USD	1 Quarter
Cash paid for income taxes	`IncomeTaxesPaid`	$372.00K	USD	1 Quarter
Cash received for income tax refunds	`ProceedsFromIncomeTaxRefunds`	$2.00K	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`	$5.44M	USD	1 Quarter
Purchases of property and equipment included in accounts payable	`PurchasesOfPropertyAndEquipmentIncludedInAccountsPayable`	$4.07M	USD	1 Quarter
Tax benefit of Spirit warrant intangible	`TaxBenefitOfSpiritWarrantIntangible`	$67.00K	USD	1 Quarter
Tax benefit of Spirit warrant intangible	`TaxBenefitOfSpiritWarrantIntangible`	$65.00K	USD	1 Quarter
Shortfall tax expense from share-based compensation	`ShortfallTaxExpenseFromShareBasedCompensation`	$9.00K	USD	1 Quarter
Shortfall tax expense from share-based compensation	`ShortfallTaxExpenseFromShareBasedCompensation`	$74.00K	USD	1 Quarter

Stockholders Equity 10 line items

Line Item	Tag	Value	Unit	Period
Beginning Balance	`StockholdersEquity`	$380.89M	USD	Point-in-time
Beginning Balance	`StockholdersEquity`	$344.84M	USD	Point-in-time
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$20.98M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$26.25M	USD	1 Quarter
Common stock purchased for treasury	`StockRepurchasedDuringPeriodValue`	$639.00K	USD	1 Quarter
Exercise of stock options	`StockIssuedDuringPeriodValueStockOptionsExercised`	$5.39M	USD	1 Quarter
Excess tax benefits	`AdjustmentsToAdditionalPaidInCapitalTaxEffectFromShareBasedCompensation`	$6.47M	USD	1 Quarter
Share-based compensation	`StockIssuedDuringPeriodValueShareBasedCompensation`	$-1.42M	USD	1 Quarter
Ending Balance	`StockholdersEquity`	$380.89M	USD	Point-in-time
Ending Balance	`StockholdersEquity`	$344.84M	USD	Point-in-time

Comprehensive Income 12 line items

Line Item	Tag	Value	Unit	Period
Unrealized losses on available for sale securities, taxes	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax`	$10.00K	USD	1 Quarter
Net income	`NetIncomeLoss`	$26.29M	USD	1 Quarter
Unrealized losses on available for sale securities, taxes	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax`	-	USD	1 Quarter
Net income	`NetIncomeLoss`	$20.95M	USD	1 Quarter
Unrealized (losses) gains on hedging derivatives, taxes	`OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodTax`	$17.00K	USD	1 Quarter
Unrealized (losses) gains on hedging derivatives, taxes	`OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodTax`	$31.00K	USD	1 Quarter
Unrealized losses on available-for-sale securities, net of taxes of $10 and $0 for March 31, 2014 and 2013, respectively	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-8.00K	USD	1 Quarter
Unrealized losses on available-for-sale securities, net of taxes of $10 and $0 for March 31, 2014 and 2013, respectively	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-16.00K	USD	1 Quarter
Unrealized (losses) gains on hedging derivatives, net of taxes of $17 and $31 for March 31, 2014 and 2013, respectively	`OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax`	$-26.00K	USD	1 Quarter
Unrealized (losses) gains on hedging derivatives, net of taxes of $17 and $31 for March 31, 2014 and 2013, respectively	`OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax`	$40.00K	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$20.98M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$26.25M	USD	1 Quarter

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