10-Q Filing

GRAND CANYON EDUCATION, INC. CIK: 1434588 Q3 2014

Filing Information

Form Type	10-Q
Accession Number	`0001193125-14-289630`
Period End Date	20140630
Filing Date	20140731
Fiscal Year	2014
Fiscal Period	Q3
XBRL Instance	lope-20140630.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 89 Income Statement 72 Cash Flow Statement 82 Stockholders Equity 14 Comprehensive Income 24

Balance Sheet 89 line items

Line Item	Tag	Value	Unit	Period
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$20.21M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$105.11M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$90.80M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$55.82M	USD	Point-in-time
Restricted cash and cash equivalents	`RestrictedCashAndCashEquivalentsAtCarryingValue`	$64.37M	USD	Point-in-time
Restricted cash and cash equivalents	`RestrictedCashAndCashEquivalentsAtCarryingValue`	$53.23M	USD	Point-in-time
Investments	`ShortTermInvestments`	$108.42M	USD	Point-in-time
Investments	`ShortTermInvestments`	$156.49M	USD	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$7.22M	USD	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$8.52M	USD	Point-in-time
Preferred stock, par value	`PreferredStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Preferred stock, par value	`PreferredStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Income taxes receivable	`IncomeTaxesReceivable`	$3.60M	USD	Point-in-time
Deferred income taxes	`DeferredTaxAssetsNetCurrent`	$5.47M	USD	Point-in-time
Preferred stock, shares authorized	`PreferredStockSharesAuthorized`	10.00M	shares	Point-in-time
Deferred income taxes	`DeferredTaxAssetsNetCurrent`	$5.16M	USD	Point-in-time
Preferred stock, shares authorized	`PreferredStockSharesAuthorized`	10.00M	shares	Point-in-time
Other current assets	`OtherAssetsCurrent`	$19.12M	USD	Point-in-time
Preferred stock, shares issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Other current assets	`OtherAssetsCurrent`	$17.21M	USD	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
Total current assets	`AssetsCurrent`	$263.70M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$261.13M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$416.24M	USD	Point-in-time
Common stock, par value	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$339.60M	USD	Point-in-time
Common stock, par value	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Prepaid royalties	`PrepaidRoyaltiesNoncurrent`	$3.80M	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
Prepaid royalties	`PrepaidRoyaltiesNoncurrent`	$4.64M	USD	Point-in-time
Goodwill	`Goodwill`	$2.94M	USD	Point-in-time
Goodwill	`Goodwill`	$2.94M	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	46.69M	shares	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$5.22M	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	46.05M	shares	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$4.43M	USD	Point-in-time
Total assets	`Assets`	$616.10M	USD	Point-in-time
Total assets	`Assets`	$688.54M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$33.29M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$24.23M	USD	Point-in-time
Accrued compensation and benefits	`EmployeeRelatedLiabilitiesCurrent`	$20.09M	USD	Point-in-time
Accrued compensation and benefits	`EmployeeRelatedLiabilitiesCurrent`	$21.06M	USD	Point-in-time
Accrued liabilities	`AccruedLiabilitiesCurrent`	$15.60M	USD	Point-in-time
Accrued liabilities	`AccruedLiabilitiesCurrent`	$14.55M	USD	Point-in-time
Income taxes payable	`AccruedIncomeTaxesCurrent`	$6.16M	USD	Point-in-time
Income taxes payable	`AccruedIncomeTaxesCurrent`	$7.00K	USD	Point-in-time
Student deposits	`CustomerDepositsCurrent`	$54.87M	USD	Point-in-time
Student deposits	`CustomerDepositsCurrent`	$66.77M	USD	Point-in-time
Deferred revenue	`DeferredRevenueCurrent`	$41.69M	USD	Point-in-time
Deferred revenue	`DeferredRevenueCurrent`	$32.82M	USD	Point-in-time
Due to related parties	`DueToRelatedPartiesCurrent`	$500.00K	USD	Point-in-time
Due to related parties	`DueToRelatedPartiesCurrent`	$454.00K	USD	Point-in-time
Current portion of capital lease obligations	`CapitalLeaseObligationsCurrent`	$89.00K	USD	Point-in-time
Current portion of capital lease obligations	`CapitalLeaseObligationsCurrent`	$90.00K	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`	$179.87M	USD	Point-in-time
Capital lease obligations, less current portion	`CapitalLeaseObligationsNoncurrent`	$452.00K	USD	Point-in-time
Capital lease obligations, less current portion	`CapitalLeaseObligationsNoncurrent`	$497.00K	USD	Point-in-time
Other noncurrent liabilities	`OtherLiabilitiesNoncurrent`	$6.15M	USD	Point-in-time
Other noncurrent liabilities	`OtherLiabilitiesNoncurrent`	$6.81M	USD	Point-in-time
Deferred income taxes, noncurrent	`DeferredTaxLiabilitiesNoncurrent`	$11.83M	USD	Point-in-time
Deferred income taxes, noncurrent	`DeferredTaxLiabilitiesNoncurrent`	$11.60M	USD	Point-in-time
Notes payable, less current portion	`LongTermNotesPayable`	$86.49M	USD	Point-in-time
Notes payable, less current portion	`LongTermNotesPayable`	$83.19M	USD	Point-in-time
Total liabilities	`Liabilities`	$271.26M	USD	Point-in-time
Total liabilities	`Liabilities`	$281.25M	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, 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 June 30, 2014 and December 31, 2013	`PreferredStockValue`	-	USD	Point-in-time
Common stock, $0.01 par value, 100,000 shares authorized; 49,666 and 48,890 shares issued and 46,691 and 46,045 shares outstanding at June 30, 2014 and December 31, 2013, respectively	`CommonStockValue`	$497.00K	USD	Point-in-time
Common stock, $0.01 par value, 100,000 shares authorized; 49,666 and 48,890 shares issued and 46,691 and 46,045 shares outstanding at June 30, 2014 and December 31, 2013, respectively	`CommonStockValue`	$489.00K	USD	Point-in-time
Treasury stock, at cost, 2,975 and 2,845 shares of common stock at June 30, 2014 and December 31, 2013, respectively	`TreasuryStockValue`	$48.43M	USD	Point-in-time
Treasury stock, at cost, 2,975 and 2,845 shares of common stock at June 30, 2014 and December 31, 2013, respectively	`TreasuryStockValue`	$53.77M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$132.90M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$151.53M	USD	Point-in-time
Accumulated other comprehensive income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$358.00K	USD	Point-in-time
Accumulated other comprehensive income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$156.00K	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$308.88M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$259.52M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$344.84M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$407.29M	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$616.10M	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$688.54M	USD	Point-in-time

Income Statement 72 line items

Line Item	Tag	Value	Unit	Period
Net revenue	`SalesRevenueNet`	$326.03M	USD	2 Qtrs
Admissions advisory and related expenses to related parties	`RelatedPartyTransactionExpensesFromTransactionsWithRelatedParty`	$1.62M	USD	2 Qtrs
Admissions advisory and related expenses to related parties	`RelatedPartyTransactionExpensesFromTransactionsWithRelatedParty`	$867.00K	USD	1 Quarter
Admissions advisory and related expenses to related parties	`RelatedPartyTransactionExpensesFromTransactionsWithRelatedParty`	$806.00K	USD	1 Quarter
Net revenue	`SalesRevenueNet`	$283.49M	USD	2 Qtrs
Net revenue	`SalesRevenueNet`	$141.46M	USD	1 Quarter
Net revenue	`SalesRevenueNet`	$158.59M	USD	1 Quarter
Admissions advisory and related expenses to related parties	`RelatedPartyTransactionExpensesFromTransactionsWithRelatedParty`	$1.61M	USD	2 Qtrs
Instructional costs and services	`InstructionalCostsAndServices`	$138.53M	USD	2 Qtrs
Instructional costs and services	`InstructionalCostsAndServices`	$67.85M	USD	1 Quarter
Instructional costs and services	`InstructionalCostsAndServices`	$61.75M	USD	1 Quarter
Instructional costs and services	`InstructionalCostsAndServices`	$121.74M	USD	2 Qtrs
Admissions advisory and related, including $806 and $867 for the three months ended June 30, 2014 and 2013, respectively, and $1,611 and $1,621 for the six months ended June 30, 2014 and 2013, respectively, to related parties	`AdmissionsAdvisoryAndRelatedExpenses`	$52.47M	USD	2 Qtrs
Admissions advisory and related, including $806 and $867 for the three months ended June 30, 2014 and 2013, respectively, and $1,611 and $1,621 for the six months ended June 30, 2014 and 2013, respectively, to related parties	`AdmissionsAdvisoryAndRelatedExpenses`	$23.35M	USD	1 Quarter
Admissions advisory and related, including $806 and $867 for the three months ended June 30, 2014 and 2013, respectively, and $1,611 and $1,621 for the six months ended June 30, 2014 and 2013, respectively, to related parties	`AdmissionsAdvisoryAndRelatedExpenses`	$46.34M	USD	2 Qtrs
Admissions advisory and related, including $806 and $867 for the three months ended June 30, 2014 and 2013, respectively, and $1,611 and $1,621 for the six months ended June 30, 2014 and 2013, respectively, to related parties	`AdmissionsAdvisoryAndRelatedExpenses`	$26.21M	USD	1 Quarter
Advertising	`AdvertisingExpense`	$14.52M	USD	1 Quarter
Advertising	`AdvertisingExpense`	$32.46M	USD	2 Qtrs
Advertising	`AdvertisingExpense`	$30.45M	USD	2 Qtrs
Advertising	`AdvertisingExpense`	$15.75M	USD	1 Quarter
Marketing and promotional	`MarketingAndAdvertisingExpense`	$2.82M	USD	2 Qtrs
Marketing and promotional	`MarketingAndAdvertisingExpense`	$1.91M	USD	1 Quarter
Marketing and promotional	`MarketingAndAdvertisingExpense`	$1.38M	USD	1 Quarter
Marketing and promotional	`MarketingAndAdvertisingExpense`	$3.70M	USD	2 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$8.98M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$8.99M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$17.03M	USD	2 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$17.55M	USD	2 Qtrs
Total costs and expenses	`CostsAndExpenses`	$109.97M	USD	1 Quarter
Total costs and expenses	`CostsAndExpenses`	$244.70M	USD	2 Qtrs
Total costs and expenses	`CostsAndExpenses`	$120.71M	USD	1 Quarter
Total costs and expenses	`CostsAndExpenses`	$218.38M	USD	2 Qtrs
Operating income	`OperatingIncomeLoss`	$31.49M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$81.32M	USD	2 Qtrs
Operating income	`OperatingIncomeLoss`	$37.89M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$65.11M	USD	2 Qtrs
Interest expense	`InterestExpense`	$879.00K	USD	2 Qtrs
Interest expense	`InterestExpense`	$439.00K	USD	1 Quarter
Interest expense	`InterestExpense`	$356.00K	USD	1 Quarter
Interest expense	`InterestExpense`	$1.11M	USD	2 Qtrs
Interest and other income	`InvestmentIncomeNonoperating`	$197.00K	USD	1 Quarter
Interest and other income	`InvestmentIncomeNonoperating`	$2.26M	USD	2 Qtrs
Interest and other income	`InvestmentIncomeNonoperating`	$62.00K	USD	1 Quarter
Interest and other income	`InvestmentIncomeNonoperating`	$334.00K	USD	2 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$80.78M	USD	2 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$66.26M	USD	2 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$31.11M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$37.73M	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$12.05M	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$31.42M	USD	2 Qtrs
Income tax expense	`IncomeTaxExpenseBenefit`	$26.25M	USD	2 Qtrs
Income tax expense	`IncomeTaxExpenseBenefit`	$14.66M	USD	1 Quarter
Net income	`NetIncomeLoss`	$19.06M	USD	1 Quarter
Net income	`NetIncomeLoss`	$49.36M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$23.07M	USD	1 Quarter
Net income	`NetIncomeLoss`	$40.01M	USD	2 Qtrs
Basic income per share	`EarningsPerShareBasic`	$0.43	USD	1 Quarter
Basic income per share	`EarningsPerShareBasic`	$1.09	USD	2 Qtrs
Basic income per share	`EarningsPerShareBasic`	$0.51	USD	1 Quarter
Basic income per share	`EarningsPerShareBasic`	$0.90	USD	2 Qtrs
Diluted income per share	`EarningsPerShareDiluted`	$0.88	USD	2 Qtrs
Diluted income per share	`EarningsPerShareDiluted`	$0.42	USD	1 Quarter
Diluted income per share	`EarningsPerShareDiluted`	$1.05	USD	2 Qtrs
Diluted income per share	`EarningsPerShareDiluted`	$0.49	USD	1 Quarter
Basic weighted average shares outstanding	`WeightedAverageNumberOfSharesOutstandingBasic`	44.46M	shares	2 Qtrs
Basic weighted average shares outstanding	`WeightedAverageNumberOfSharesOutstandingBasic`	44.68M	shares	1 Quarter
Basic weighted average shares outstanding	`WeightedAverageNumberOfSharesOutstandingBasic`	45.40M	shares	2 Qtrs
Basic weighted average shares outstanding	`WeightedAverageNumberOfSharesOutstandingBasic`	45.60M	shares	1 Quarter
Diluted weighted average shares outstanding	`WeightedAverageNumberOfDilutedSharesOutstanding`	46.92M	shares	2 Qtrs
Diluted weighted average shares outstanding	`WeightedAverageNumberOfDilutedSharesOutstanding`	45.69M	shares	2 Qtrs
Diluted weighted average shares outstanding	`WeightedAverageNumberOfDilutedSharesOutstanding`	46.99M	shares	1 Quarter
Diluted weighted average shares outstanding	`WeightedAverageNumberOfDilutedSharesOutstanding`	45.93M	shares	1 Quarter

Cash Flow Statement 82 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$19.06M	USD	1 Quarter
Net income	`NetIncomeLoss`	$49.36M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$23.07M	USD	1 Quarter
Net income	`NetIncomeLoss`	$40.01M	USD	2 Qtrs
Share-based compensation	`AllocatedShareBasedCompensationExpense`	$4.91M	USD	2 Qtrs
Share-based compensation	`AllocatedShareBasedCompensationExpense`	$4.84M	USD	2 Qtrs
Excess tax benefits from share-based compensation	`ExcessTaxBenefitFromShareBasedCompensationOperatingActivities`	$3.46M	USD	2 Qtrs
Excess tax benefits from share-based compensation	`ExcessTaxBenefitFromShareBasedCompensationOperatingActivities`	$7.08M	USD	2 Qtrs
Provision for bad debts	`ProvisionForDoubtfulAccounts`	$7.06M	USD	2 Qtrs
Provision for bad debts	`ProvisionForDoubtfulAccounts`	$9.48M	USD	2 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$12.14M	USD	2 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$14.00M	USD	2 Qtrs
Prepaid royalty impairment	`AmortizationOfAdvanceRoyalty`	$966.00K	USD	2 Qtrs
Gain on proceeds received from note receivable	`GainLossOnSaleOfNotesReceivable`	$2.19M	USD	2 Qtrs
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$-862.00K	USD	2 Qtrs
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$1.05M	USD	2 Qtrs
Other including fixed asset impairments	`OtherNoncashIncomeExpense`	$-2.09M	USD	2 Qtrs
Restricted cash and cash equivalents	`IncreaseDecreaseInRestrictedCashForOperatingActivities`	$-11.13M	USD	2 Qtrs
Restricted cash and cash equivalents	`IncreaseDecreaseInRestrictedCashForOperatingActivities`	$-4.51M	USD	2 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$8.36M	USD	2 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$10.18M	USD	2 Qtrs
Prepaid expenses and other	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$4.12M	USD	2 Qtrs
Prepaid expenses and other	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-2.06M	USD	2 Qtrs
Due to/from related parties	`IncreaseDecreaseInDueToRelatedPartiesCurrent`	$46.00K	USD	2 Qtrs
Due to/from related parties	`IncreaseDecreaseInDueToRelatedPartiesCurrent`	$-66.00K	USD	2 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayableTrade`	$-1.15M	USD	2 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayableTrade`	$119.00K	USD	2 Qtrs
Accrued liabilities and employee related liabilities	`IncreaseDecreaseInAccruedLiabilities`	$2.09M	USD	2 Qtrs
Accrued liabilities and employee related liabilities	`IncreaseDecreaseInAccruedLiabilities`	$2.18M	USD	2 Qtrs
Income taxes receivable/payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$-7.84M	USD	2 Qtrs
Income taxes receivable/payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$16.96M	USD	2 Qtrs
Deferred rent	`IncreaseDecreaseInDeferredRent`	$-446.00K	USD	2 Qtrs
Deferred rent	`IncreaseDecreaseInDeferredRent`	$-665.00K	USD	2 Qtrs
Deferred revenue	`IncreaseDecreaseInDeferredRevenue`	$8.87M	USD	2 Qtrs
Deferred revenue	`IncreaseDecreaseInDeferredRevenue`	$2.97M	USD	2 Qtrs
Student deposits	`IncreaseDecreaseInCustomerDeposits`	$-11.90M	USD	2 Qtrs
Student deposits	`IncreaseDecreaseInCustomerDeposits`	$-5.02M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$89.44M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$44.04M	USD	2 Qtrs
Capital expenditures	`PaymentsToAcquireProductiveAssets`	$82.01M	USD	2 Qtrs
Capital expenditures	`PaymentsToAcquireProductiveAssets`	$38.01M	USD	2 Qtrs
Purchase of land and building related to off-site development	`PurchaseOfLandRelatedToOffsiteDevelopment`	$6.94M	USD	2 Qtrs
Purchases of investments	`PaymentsToAcquireInvestments`	$87.22M	USD	2 Qtrs
Purchases of investments	`PaymentsToAcquireInvestments`	$55.22M	USD	2 Qtrs
Proceeds from sale or maturity of investments	`ProceedsFromSaleAndMaturityOfAvailableForSaleSecurities`	$6.78M	USD	2 Qtrs
Proceeds from sale or maturity of investments	`ProceedsFromSaleAndMaturityOfAvailableForSaleSecurities`	$39.15M	USD	2 Qtrs
Restricted funds held for derivative collateral	`IncreaseDecreaseInRestrictedCash`	$-140.00K	USD	2 Qtrs
Proceeds received from note receivable	`ProceedsFromSaleOfNotesReceivable`	$29.19M	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivitiesContinuingOperations`	$-130.09M	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivitiesContinuingOperations`	$-64.06M	USD	2 Qtrs
Principal payments on notes payable and capital lease obligations	`RepaymentsOfDebtAndCapitalLeaseObligations`	$3.35M	USD	2 Qtrs
Principal payments on notes payable and capital lease obligations	`RepaymentsOfDebtAndCapitalLeaseObligations`	$3.34M	USD	2 Qtrs
Repurchase of common shares including shares withheld in lieu of income taxes	`PaymentsForRepurchaseOfCommonStock`	$5.34M	USD	2 Qtrs
Repurchase of common shares including shares withheld in lieu of income taxes	`PaymentsForRepurchaseOfCommonStock`	$8.49M	USD	2 Qtrs
Excess tax benefits from share-based compensation	`ExcessTaxBenefitFromShareBasedCompensationFinancingActivities`	$3.46M	USD	2 Qtrs
Excess tax benefits from share-based compensation	`ExcessTaxBenefitFromShareBasedCompensationFinancingActivities`	$7.08M	USD	2 Qtrs
Net proceeds from exercise of stock options	`ProceedsFromStockOptionsExercised`	$6.63M	USD	2 Qtrs
Net proceeds from exercise of stock options	`ProceedsFromStockOptionsExercised`	$14.07M	USD	2 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivitiesContinuingOperations`	$5.04M	USD	2 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivitiesContinuingOperations`	$5.71M	USD	2 Qtrs
Net decrease in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-14.31M	USD	2 Qtrs
Net decrease in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-35.61M	USD	2 Qtrs
Cash and cash equivalents, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$20.21M	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`	$90.80M	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`	$20.21M	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`	$90.80M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashAndCashEquivalentsAtCarryingValue`	$55.82M	USD	Point-in-time
Cash paid for interest	`InterestPaid`	$1.06M	USD	2 Qtrs
Cash paid for interest	`InterestPaid`	$916.00K	USD	2 Qtrs
Cash paid for income taxes	`IncomeTaxesPaid`	$33.10M	USD	2 Qtrs
Cash paid for income taxes	`IncomeTaxesPaid`	$14.88M	USD	2 Qtrs
Cash received for income tax refunds	`ProceedsFromIncomeTaxRefunds`	$4.00K	USD	2 Qtrs
Cash received for income tax refunds	`ProceedsFromIncomeTaxRefunds`	$2.00K	USD	2 Qtrs
Purchases of property and equipment included in accounts payable	`PurchasesOfPropertyAndEquipmentIncludedInAccountsPayable`	$2.03M	USD	2 Qtrs
Purchases of property and equipment included in accounts payable	`PurchasesOfPropertyAndEquipmentIncludedInAccountsPayable`	$10.21M	USD	2 Qtrs
Tax benefit of Spirit warrant intangible	`TaxBenefitOfSpiritWarrantIntangible`	$134.00K	USD	2 Qtrs
Tax benefit of Spirit warrant intangible	`TaxBenefitOfSpiritWarrantIntangible`	$130.00K	USD	2 Qtrs
Shortfall tax expense from share-based compensation	`ShortfallTaxExpenseFromShareBasedCompensation`	$14.00K	USD	2 Qtrs
Shortfall tax expense from share-based compensation	`ShortfallTaxExpenseFromShareBasedCompensation`	$205.00K	USD	2 Qtrs

Stockholders Equity 14 line items

Line Item	Tag	Value	Unit	Period
Beginning Balance	`StockholdersEquity`	$344.84M	USD	Point-in-time
Beginning Balance	`StockholdersEquity`	$407.29M	USD	Point-in-time
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$49.16M	USD	2 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$40.52M	USD	2 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$22.91M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$19.54M	USD	1 Quarter
Common stock purchased for treasury	`StockRepurchasedDuringPeriodValue`	$1.68M	USD	2 Qtrs
Common stock purchased for treasury, Shares	`StockRepurchasedDuringPeriodShares`	38,000.00	shares	2 Qtrs
Restricted shares forfeited	`StockIssuedDuringPeriodValueRestrictedStockAwardForfeitures`	-	USD	2 Qtrs
Exercise of stock options	`StockIssuedDuringPeriodValueStockOptionsExercised`	$6.63M	USD	2 Qtrs
Excess tax benefits	`AdjustmentsToAdditionalPaidInCapitalTaxEffectFromShareBasedCompensation`	$7.20M	USD	2 Qtrs
Share-based compensation	`StockIssuedDuringPeriodValueShareBasedCompensation`	$1.14M	USD	2 Qtrs
Ending Balance	`StockholdersEquity`	$344.84M	USD	Point-in-time
Ending Balance	`StockholdersEquity`	$407.29M	USD	Point-in-time

Comprehensive Income 24 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$19.06M	USD	1 Quarter
Unrealized losses on available-for-sale securities, taxes	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax`	-	USD	2 Qtrs
Net income	`NetIncomeLoss`	$49.36M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$23.07M	USD	1 Quarter
Unrealized losses on available-for-sale securities, taxes	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax`	$8.00K	USD	1 Quarter
Net income	`NetIncomeLoss`	$40.01M	USD	2 Qtrs
Unrealized losses on available-for-sale securities, taxes	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax`	$18.00K	USD	2 Qtrs
Unrealized losses on available-for-sale securities, taxes	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax`	-	USD	1 Quarter
Unrealized (losses) gains on hedging derivatives, taxes	`OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodTax`	$335.00K	USD	1 Quarter
Unrealized (losses) gains on hedging derivatives, taxes	`OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodTax`	$366.00K	USD	2 Qtrs
Unrealized (losses) gains on hedging derivatives, taxes	`OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodTax`	$113.00K	USD	2 Qtrs
Unrealized (losses) gains on hedging derivatives, taxes	`OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodTax`	$95.00K	USD	1 Quarter
Unrealized losses on available-for-sale securities, net of taxes of $8 and $0 for the three months ended June 30, 2014 and 2013, respectively, and $18 and $0 for the six months ended June 30, 2014 and 2013, respectively	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-28.00K	USD	2 Qtrs
Unrealized losses on available-for-sale securities, net of taxes of $8 and $0 for the three months ended June 30, 2014 and 2013, respectively, and $18 and $0 for the six months ended June 30, 2014 and 2013, respectively	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-3.00K	USD	1 Quarter
Unrealized losses on available-for-sale securities, net of taxes of $8 and $0 for the three months ended June 30, 2014 and 2013, respectively, and $18 and $0 for the six months ended June 30, 2014 and 2013, respectively	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-12.00K	USD	1 Quarter
Unrealized losses on available-for-sale securities, net of taxes of $8 and $0 for the three months ended June 30, 2014 and 2013, respectively, and $18 and $0 for the six months ended June 30, 2014 and 2013, respectively	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-11.00K	USD	2 Qtrs
Unrealized (losses) gains on hedging derivatives, net of taxes of $95 and $335 for the three months ended June 30, 2014 and 2013, respectively, and $113 and $366 for the six months ended June 30, 2014 and 2013, respectively	`OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax`	$-174.00K	USD	2 Qtrs
Unrealized (losses) gains on hedging derivatives, net of taxes of $95 and $335 for the three months ended June 30, 2014 and 2013, respectively, and $113 and $366 for the six months ended June 30, 2014 and 2013, respectively	`OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax`	$483.00K	USD	1 Quarter
Unrealized (losses) gains on hedging derivatives, net of taxes of $95 and $335 for the three months ended June 30, 2014 and 2013, respectively, and $113 and $366 for the six months ended June 30, 2014 and 2013, respectively	`OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax`	$-148.00K	USD	1 Quarter
Unrealized (losses) gains on hedging derivatives, net of taxes of $95 and $335 for the three months ended June 30, 2014 and 2013, respectively, and $113 and $366 for the six months ended June 30, 2014 and 2013, respectively	`OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax`	$523.00K	USD	2 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$49.16M	USD	2 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$40.52M	USD	2 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$22.91M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$19.54M	USD	1 Quarter

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