10-Q Filing

GRAND CANYON EDUCATION, INC. CIK: 1434588 Q2 2015

Filing Information

Form Type	10-Q
Accession Number	`0001193125-15-284858`
Period End Date	20150630
Filing Date	20150810
Fiscal Year	2015
Fiscal Period	Q2
XBRL Instance	lope-20150630.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 92 Income Statement 72 Cash Flow Statement 78 Stockholders Equity 12 Comprehensive Income 24

Balance Sheet 92 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`	$55.82M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$20.21M	USD	Point-in-time
Preferred stock, shares issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$65.24M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$50.71M	USD	Point-in-time
Preferred stock, shares issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Restricted cash, cash equivalents and investments	`RestrictedCashAndInvestmentsCurrent`	$67.84M	USD	Point-in-time
Restricted cash, cash equivalents and investments	`RestrictedCashAndInvestmentsCurrent`	$63.70M	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
Investments	`AvailableForSaleSecuritiesCurrent`	$83.53M	USD	Point-in-time
Common stock, par value	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Common stock, par value	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Investments	`AvailableForSaleSecuritiesCurrent`	$100.78M	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`	$7.61M	USD	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$8.16M	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	50.24M	shares	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	49.75M	shares	Point-in-time
Deferred income taxes	`DeferredTaxAssetsNetCurrent`	$6.44M	USD	Point-in-time
Deferred income taxes	`DeferredTaxAssetsNetCurrent`	$6.15M	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	46.74M	shares	Point-in-time
Other current assets	`OtherAssetsCurrent`	$19.43M	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$18.54M	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	47.13M	shares	Point-in-time
Total current assets	`AssetsCurrent`	$231.08M	USD	Point-in-time
Treasury stock, shares	`TreasuryStockShares`	3.10M	shares	Point-in-time
Total current assets	`AssetsCurrent`	$267.05M	USD	Point-in-time
Treasury stock, shares	`TreasuryStockShares`	3.00M	shares	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$588.27M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$478.17M	USD	Point-in-time
Prepaid royalties	`PrepaidRoyaltiesNoncurrent`	$3.50M	USD	Point-in-time
Prepaid royalties	`PrepaidRoyaltiesNoncurrent`	$3.65M	USD	Point-in-time
Goodwill	`Goodwill`	$2.94M	USD	Point-in-time
Goodwill	`Goodwill`	$2.94M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$3.91M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$3.15M	USD	Point-in-time
Total assets	`Assets`	$828.94M	USD	Point-in-time
Total assets	`Assets`	$755.71M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$36.41M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$22.71M	USD	Point-in-time
Accrued compensation and benefits	`EmployeeRelatedLiabilitiesCurrent`	$23.10M	USD	Point-in-time
Accrued compensation and benefits	`EmployeeRelatedLiabilitiesCurrent`	$24.00M	USD	Point-in-time
Accrued liabilities	`AccruedLiabilitiesCurrent`	$14.88M	USD	Point-in-time
Accrued liabilities	`AccruedLiabilitiesCurrent`	$13.53M	USD	Point-in-time
Income taxes payable	`AccruedIncomeTaxesCurrent`	$4.91M	USD	Point-in-time
Income taxes payable	`AccruedIncomeTaxesCurrent`	$220.00K	USD	Point-in-time
Student deposits	`CustomerDepositsCurrent`	$64.89M	USD	Point-in-time
Student deposits	`CustomerDepositsCurrent`	$69.58M	USD	Point-in-time
Deferred revenue	`DeferredRevenueCurrent`	$42.41M	USD	Point-in-time
Deferred revenue	`DeferredRevenueCurrent`	$36.87M	USD	Point-in-time
Due to related parties	`DueToRelatedPartiesCurrent`	$401.00K	USD	Point-in-time
Due to related parties	`DueToRelatedPartiesCurrent`	$403.00K	USD	Point-in-time
Current portion of capital lease obligations	`CapitalLeaseObligationsCurrent`	$518.00K	USD	Point-in-time
Current portion of capital lease obligations	`CapitalLeaseObligationsCurrent`	$91.00K	USD	Point-in-time
Current portion of notes payable	`NotesPayableCurrent`	$6.62M	USD	Point-in-time
Current portion of notes payable	`NotesPayableCurrent`	$6.62M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$189.46M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$178.71M	USD	Point-in-time
Capital lease obligations, less current portion	`CapitalLeaseObligationsNoncurrent`	$406.00K	USD	Point-in-time
Capital lease obligations, less current portion	`CapitalLeaseObligationsNoncurrent`	$170.00K	USD	Point-in-time
Other noncurrent liabilities	`OtherLiabilitiesNoncurrent`	$4.51M	USD	Point-in-time
Other noncurrent liabilities	`OtherLiabilitiesNoncurrent`	$3.95M	USD	Point-in-time
Deferred income taxes, noncurrent	`DeferredTaxLiabilitiesNoncurrent`	$15.47M	USD	Point-in-time
Deferred income taxes, noncurrent	`DeferredTaxLiabilitiesNoncurrent`	$15.97M	USD	Point-in-time
Notes payable, less current portion	`LongTermNotesPayable`	$79.88M	USD	Point-in-time
Notes payable, less current portion	`LongTermNotesPayable`	$76.56M	USD	Point-in-time
Total liabilities	`Liabilities`	$285.61M	USD	Point-in-time
Total liabilities	`Liabilities`	$279.48M	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, 2015 and December 31, 2014	`PreferredStockValue`	-	USD	Point-in-time
Preferred stock, $0.01 par value, 10,000 shares authorized; 0 shares issued and outstanding at June 30, 2015 and December 31, 2014	`PreferredStockValue`	-	USD	Point-in-time
Common stock, $0.01 par value, 100,000 shares authorized; 50,237 and 49,746 shares issued and 47,133 and 46,744 shares outstanding at June 30, 2015 and December 31, 2014, respectively	`CommonStockValue`	$497.00K	USD	Point-in-time
Common stock, $0.01 par value, 100,000 shares authorized; 50,237 and 49,746 shares issued and 47,133 and 46,744 shares outstanding at June 30, 2015 and December 31, 2014, respectively	`CommonStockValue`	$502.00K	USD	Point-in-time
Treasury stock, at cost, 3,104 and 3,002 shares of common stock at June 30, 2015 and December 31, 2014, respectively	`TreasuryStockValue`	$58.00M	USD	Point-in-time
Treasury stock, at cost, 3,104 and 3,002 shares of common stock at June 30, 2015 and December 31, 2014, respectively	`TreasuryStockValue`	$53.77M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$170.19M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$158.55M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-35.00K	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-315.00K	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$430.95M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$370.99M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$543.33M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$476.23M	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$828.94M	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$755.71M	USD	Point-in-time

Income Statement 72 line items

Line Item	Tag	Value	Unit	Period
Net revenue	`SalesRevenueNet`	$174.73M	USD	1 Quarter
Admissions advisory and related expenses to related parties	`RelatedPartyTransactionExpensesFromTransactionsWithRelatedParty`	$489.00K	USD	1 Quarter
Admissions advisory and related expenses to related parties	`RelatedPartyTransactionExpensesFromTransactionsWithRelatedParty`	$806.00K	USD	1 Quarter
Admissions advisory and related expenses to related parties	`RelatedPartyTransactionExpensesFromTransactionsWithRelatedParty`	$994.00K	USD	2 Qtrs
Net revenue	`SalesRevenueNet`	$368.85M	USD	2 Qtrs
Admissions advisory and related expenses to related parties	`RelatedPartyTransactionExpensesFromTransactionsWithRelatedParty`	$1.61M	USD	2 Qtrs
Net revenue	`SalesRevenueNet`	$326.03M	USD	2 Qtrs
Net revenue	`SalesRevenueNet`	$158.59M	USD	1 Quarter
Instructional costs and services	`InstructionalCostsAndServices`	$75.36M	USD	1 Quarter
Instructional costs and services	`InstructionalCostsAndServices`	$154.04M	USD	2 Qtrs
Instructional costs and services	`InstructionalCostsAndServices`	$67.85M	USD	1 Quarter
Instructional costs and services	`InstructionalCostsAndServices`	$138.53M	USD	2 Qtrs
Admissions advisory and related, including $489 and $806 for the three months ended June 30, 2015 and 2014, respectively, and $994 and $1,611 for the six months ended June 30, 2015 and 2014, respectively, to related parties	`AdmissionsAdvisoryAndRelatedExpenses`	$55.70M	USD	2 Qtrs
Admissions advisory and related, including $489 and $806 for the three months ended June 30, 2015 and 2014, respectively, and $994 and $1,611 for the six months ended June 30, 2015 and 2014, respectively, to related parties	`AdmissionsAdvisoryAndRelatedExpenses`	$26.21M	USD	1 Quarter
Admissions advisory and related, including $489 and $806 for the three months ended June 30, 2015 and 2014, respectively, and $994 and $1,611 for the six months ended June 30, 2015 and 2014, respectively, to related parties	`AdmissionsAdvisoryAndRelatedExpenses`	$52.47M	USD	2 Qtrs
Admissions advisory and related, including $489 and $806 for the three months ended June 30, 2015 and 2014, respectively, and $994 and $1,611 for the six months ended June 30, 2015 and 2014, respectively, to related parties	`AdmissionsAdvisoryAndRelatedExpenses`	$27.37M	USD	1 Quarter
Advertising	`AdvertisingExpense`	$38.45M	USD	2 Qtrs
Advertising	`AdvertisingExpense`	$15.75M	USD	1 Quarter
Advertising	`AdvertisingExpense`	$32.46M	USD	2 Qtrs
Advertising	`AdvertisingExpense`	$18.42M	USD	1 Quarter
Marketing and promotional	`MarketingExpense`	$3.48M	USD	2 Qtrs
Marketing and promotional	`MarketingExpense`	$1.79M	USD	1 Quarter
Marketing and promotional	`MarketingExpense`	$1.91M	USD	1 Quarter
Marketing and promotional	`MarketingExpense`	$3.70M	USD	2 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$17.55M	USD	2 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$8.99M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$9.53M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$18.93M	USD	2 Qtrs
Total costs and expenses	`CostsAndExpenses`	$132.47M	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`	$270.61M	USD	2 Qtrs
Operating income	`OperatingIncomeLoss`	$81.32M	USD	2 Qtrs
Operating income	`OperatingIncomeLoss`	$98.24M	USD	2 Qtrs
Operating income	`OperatingIncomeLoss`	$37.89M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$42.26M	USD	1 Quarter
Interest expense	`InterestExpense`	$879.00K	USD	2 Qtrs
Interest expense	`InterestExpense`	$356.00K	USD	1 Quarter
Interest expense	`InterestExpense`	$146.00K	USD	1 Quarter
Interest expense	`InterestExpense`	$521.00K	USD	2 Qtrs
Interest and other income	`InvestmentIncomeNonoperating`	$384.00K	USD	2 Qtrs
Interest and other income	`InvestmentIncomeNonoperating`	$334.00K	USD	2 Qtrs
Interest and other income	`InvestmentIncomeNonoperating`	$197.00K	USD	1 Quarter
Interest and other income	`InvestmentIncomeNonoperating`	$127.00K	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$98.11M	USD	2 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$42.24M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$80.78M	USD	2 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$37.73M	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$14.66M	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$31.42M	USD	2 Qtrs
Income tax expense	`IncomeTaxExpenseBenefit`	$16.46M	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$38.15M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$59.95M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$25.78M	USD	1 Quarter
Net income	`NetIncomeLoss`	$49.36M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$23.07M	USD	1 Quarter
Basic income per share	`EarningsPerShareBasic`	$1.09	USD	2 Qtrs
Basic income per share	`EarningsPerShareBasic`	$1.31	USD	2 Qtrs
Basic income per share	`EarningsPerShareBasic`	$0.56	USD	1 Quarter
Basic income per share	`EarningsPerShareBasic`	$0.51	USD	1 Quarter
Diluted income per share	`EarningsPerShareDiluted`	$1.05	USD	2 Qtrs
Diluted income per share	`EarningsPerShareDiluted`	$0.55	USD	1 Quarter
Diluted income per share	`EarningsPerShareDiluted`	$0.49	USD	1 Quarter
Diluted income per share	`EarningsPerShareDiluted`	$1.27	USD	2 Qtrs
Basic weighted average shares outstanding	`WeightedAverageNumberOfSharesOutstandingBasic`	46.01M	shares	1 Quarter
Basic weighted average shares outstanding	`WeightedAverageNumberOfSharesOutstandingBasic`	45.40M	shares	2 Qtrs
Basic weighted average shares outstanding	`WeightedAverageNumberOfSharesOutstandingBasic`	45.90M	shares	2 Qtrs
Basic weighted average shares outstanding	`WeightedAverageNumberOfSharesOutstandingBasic`	45.60M	shares	1 Quarter
Diluted weighted average shares outstanding	`WeightedAverageNumberOfDilutedSharesOutstanding`	46.99M	shares	1 Quarter
Diluted weighted average shares outstanding	`WeightedAverageNumberOfDilutedSharesOutstanding`	47.23M	shares	2 Qtrs
Diluted weighted average shares outstanding	`WeightedAverageNumberOfDilutedSharesOutstanding`	46.92M	shares	2 Qtrs
Diluted weighted average shares outstanding	`WeightedAverageNumberOfDilutedSharesOutstanding`	47.26M	shares	1 Quarter

Cash Flow Statement 78 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$59.95M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$25.78M	USD	1 Quarter
Net income	`NetIncomeLoss`	$49.36M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$23.07M	USD	1 Quarter
Share-based compensation	`AllocatedShareBasedCompensationExpense`	$4.84M	USD	2 Qtrs
Share-based compensation	`AllocatedShareBasedCompensationExpense`	$5.51M	USD	2 Qtrs
Excess tax benefits from share-based compensation	`ExcessTaxBenefitFromShareBasedCompensationOperatingActivities`	$3.36M	USD	2 Qtrs
Excess tax benefits from share-based compensation	`ExcessTaxBenefitFromShareBasedCompensationOperatingActivities`	$7.08M	USD	2 Qtrs
Provision for bad debts	`ProvisionForDoubtfulAccounts`	$7.41M	USD	2 Qtrs
Provision for bad debts	`ProvisionForDoubtfulAccounts`	$7.06M	USD	2 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$14.00M	USD	2 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$16.39M	USD	2 Qtrs
Deferred income taxes	`DeferredIncomeTaxesAndTaxCredits`	$-862.00K	USD	2 Qtrs
Deferred income taxes	`DeferredIncomeTaxesAndTaxCredits`	$-1.08M	USD	2 Qtrs
Prepaid royalty impairment	`AmortizationOfAdvanceRoyalty`	$966.00K	USD	2 Qtrs
Other including fixed asset impairments	`OtherNoncashIncomeExpense`	$-2.09M	USD	2 Qtrs
Other including fixed asset impairments	`OtherNoncashIncomeExpense`	$-872.00K	USD	2 Qtrs
Restricted cash, cash equivalents and investments	`IncreaseDecreaseInRestrictedCashForOperatingActivities`	$-11.13M	USD	2 Qtrs
Restricted cash, cash equivalents and investments	`IncreaseDecreaseInRestrictedCashForOperatingActivities`	$-4.14M	USD	2 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$8.36M	USD	2 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$7.96M	USD	2 Qtrs
Prepaid expenses and other	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-2.06M	USD	2 Qtrs
Prepaid expenses and other	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-1.37M	USD	2 Qtrs
Due to/from related parties	`IncreaseDecreaseInDueToRelatedPartiesCurrent`	$46.00K	USD	2 Qtrs
Due to/from related parties	`IncreaseDecreaseInDueToRelatedPartiesCurrent`	$-2.00K	USD	2 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayableTrade`	$-1.15M	USD	2 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayableTrade`	$-1.08M	USD	2 Qtrs
Accrued liabilities and employee related liabilities	`IncreaseDecreaseInAccruedLiabilities`	$2.09M	USD	2 Qtrs
Accrued liabilities and employee related liabilities	`IncreaseDecreaseInAccruedLiabilities`	$422.00K	USD	2 Qtrs
Income taxes receivable/payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$16.96M	USD	2 Qtrs
Income taxes receivable/payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$-1.21M	USD	2 Qtrs
Deferred rent	`IncreaseDecreaseInDeferredRent`	$-560.00K	USD	2 Qtrs
Deferred rent	`IncreaseDecreaseInDeferredRent`	$-665.00K	USD	2 Qtrs
Deferred revenue	`IncreaseDecreaseInDeferredRevenue`	$5.54M	USD	2 Qtrs
Deferred revenue	`IncreaseDecreaseInDeferredRevenue`	$8.87M	USD	2 Qtrs
Student deposits	`IncreaseDecreaseInCustomerDeposits`	$-11.90M	USD	2 Qtrs
Student deposits	`IncreaseDecreaseInCustomerDeposits`	$-4.69M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$81.67M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$89.44M	USD	2 Qtrs
Capital expenditures	`PaymentsToAcquireProductiveAssets`	$111.90M	USD	2 Qtrs
Capital expenditures	`PaymentsToAcquireProductiveAssets`	$82.01M	USD	2 Qtrs
Purchases of investments	`PaymentsToAcquireAvailableForSaleSecurities`	$25.02M	USD	2 Qtrs
Purchases of investments	`PaymentsToAcquireAvailableForSaleSecurities`	$87.22M	USD	2 Qtrs
Proceeds from sale or maturity of investments	`ProceedsFromSaleAndMaturityOfAvailableForSaleSecurities`	$42.27M	USD	2 Qtrs
Proceeds from sale or maturity of investments	`ProceedsFromSaleAndMaturityOfAvailableForSaleSecurities`	$39.15M	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivitiesContinuingOperations`	$-94.65M	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivitiesContinuingOperations`	$-130.09M	USD	2 Qtrs
Principal payments on notes payable and capital lease obligations	`RepaymentsOfDebtAndCapitalLeaseObligations`	$3.37M	USD	2 Qtrs
Principal payments on notes payable and capital lease obligations	`RepaymentsOfDebtAndCapitalLeaseObligations`	$3.35M	USD	2 Qtrs
Repurchase of common shares including shares withheld in lieu of income taxes	`PaymentsForRepurchaseOfCommonStock`	$4.23M	USD	2 Qtrs
Repurchase of common shares including shares withheld in lieu of income taxes	`PaymentsForRepurchaseOfCommonStock`	$5.34M	USD	2 Qtrs
Excess tax benefits from share-based compensation	`ExcessTaxBenefitFromShareBasedCompensationFinancingActivities`	$3.36M	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`	$2.70M	USD	2 Qtrs
Net cash (used in) provided by financing activities	`NetCashProvidedByUsedInFinancingActivitiesContinuingOperations`	$-1.54M	USD	2 Qtrs
Net cash (used in) provided by financing activities	`NetCashProvidedByUsedInFinancingActivitiesContinuingOperations`	$5.04M	USD	2 Qtrs
Net decrease in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-14.53M	USD	2 Qtrs
Net decrease in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-35.61M	USD	2 Qtrs
Cash and cash equivalents, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$55.82M	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$20.21M	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$65.24M	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$50.71M	USD	Point-in-time
Cash and cash equivalents, end 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`	$65.24M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashAndCashEquivalentsAtCarryingValue`	$50.71M	USD	Point-in-time
Cash paid for interest	`InterestPaid`	$916.00K	USD	2 Qtrs
Cash paid for interest	`InterestPaid`	$534.00K	USD	2 Qtrs
Cash paid for income taxes	`IncomeTaxesPaid`	$39.99M	USD	2 Qtrs
Cash paid for income taxes	`IncomeTaxesPaid`	$14.88M	USD	2 Qtrs
Purchases of property and equipment included in accounts payable	`PurchasesOfPropertyAndEquipmentIncludedInAccountsPayable`	$10.21M	USD	2 Qtrs
Purchases of property and equipment included in accounts payable	`PurchasesOfPropertyAndEquipmentIncludedInAccountsPayable`	$20.62M	USD	2 Qtrs
Purchases of equipment through capital lease obligations	`AssetsAcquiredByCapitalLease`	$257.00K	USD	2 Qtrs
Tax benefit of Spirit warrant intangible	`TaxBenefitOfSpiritWarrantIntangible`	$129.00K	USD	2 Qtrs
Tax benefit of Spirit warrant intangible	`TaxBenefitOfSpiritWarrantIntangible`	$130.00K	USD	2 Qtrs
Shortfall tax expense from share-based compensation	`ShortfallTaxExpenseFromShareBasedCompensation`	$18.00K	USD	2 Qtrs
Shortfall tax expense from share-based compensation	`ShortfallTaxExpenseFromShareBasedCompensation`	$14.00K	USD	2 Qtrs

Stockholders Equity 12 line items

Line Item	Tag	Value	Unit	Period
Beginning Balance	`StockholdersEquity`	$543.33M	USD	Point-in-time
Beginning Balance	`StockholdersEquity`	$476.23M	USD	Point-in-time
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$49.16M	USD	2 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$59.67M	USD	2 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$25.73M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$22.91M	USD	1 Quarter
Restricted shares forfeited	`StockIssuedDuringPeriodValueRestrictedStockAwardForfeitures`	-	USD	2 Qtrs
Exercise of stock options	`StockIssuedDuringPeriodValueStockOptionsExercised`	$2.70M	USD	2 Qtrs
Excess tax benefits	`AdjustmentsToAdditionalPaidInCapitalTaxEffectFromShareBasedCompensation`	$3.47M	USD	2 Qtrs
Share-based compensation	`StockIssuedDuringPeriodValueShareBasedCompensation`	$1.25M	USD	2 Qtrs
Ending Balance	`StockholdersEquity`	$543.33M	USD	Point-in-time
Ending Balance	`StockholdersEquity`	$476.23M	USD	Point-in-time

Comprehensive Income 24 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$59.95M	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`	$-8.00K	USD	1 Quarter
Unrealized losses on available-for-sale securities, taxes	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax`	$-67.00K	USD	2 Qtrs
Unrealized losses on available-for-sale securities, taxes	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax`	$-70.00K	USD	1 Quarter
Net income	`NetIncomeLoss`	$25.78M	USD	1 Quarter
Net income	`NetIncomeLoss`	$49.36M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$23.07M	USD	1 Quarter
Unrealized gains (losses) on hedging derivatives, taxes	`OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodTax`	$-113.00K	USD	2 Qtrs
Unrealized gains (losses) on hedging derivatives, taxes	`OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodTax`	$-113.00K	USD	2 Qtrs
Unrealized gains (losses) on hedging derivatives, taxes	`OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodTax`	$40.00K	USD	1 Quarter
Unrealized gains (losses) on hedging derivatives, taxes	`OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodTax`	$-95.00K	USD	1 Quarter
Unrealized losses on available-for-sale securities, net of taxes of $70 and $8 for the three months ended June 30, 2015 and 2014, respectively, and $67 and $18 for the six months ended June 30, 2015 and 2014, respectively	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-105.00K	USD	2 Qtrs
Unrealized losses on available-for-sale securities, net of taxes of $70 and $8 for the three months ended June 30, 2015 and 2014, respectively, and $67 and $18 for the six months ended June 30, 2015 and 2014, respectively	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-12.00K	USD	1 Quarter
Unrealized losses on available-for-sale securities, net of taxes of $70 and $8 for the three months ended June 30, 2015 and 2014, respectively, and $67 and $18 for the six months ended June 30, 2015 and 2014, respectively	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-110.00K	USD	1 Quarter
Unrealized losses on available-for-sale securities, net of taxes of $70 and $8 for the three months ended June 30, 2015 and 2014, respectively, and $67 and $18 for the six months ended June 30, 2015 and 2014, respectively	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-28.00K	USD	2 Qtrs
Unrealized gains (losses) on hedging derivatives, net of taxes of $40 and $95 for the three months ended June 30, 2015 and 2014, respectively, and $113 and $113 for the six months ended June 30, 2015 and 2014, respectively	`OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax`	$-174.00K	USD	2 Qtrs
Unrealized gains (losses) on hedging derivatives, net of taxes of $40 and $95 for the three months ended June 30, 2015 and 2014, respectively, and $113 and $113 for the six months ended June 30, 2015 and 2014, respectively	`OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax`	$-175.00K	USD	2 Qtrs
Unrealized gains (losses) on hedging derivatives, net of taxes of $40 and $95 for the three months ended June 30, 2015 and 2014, respectively, and $113 and $113 for the six months ended June 30, 2015 and 2014, respectively	`OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax`	$-148.00K	USD	1 Quarter
Unrealized gains (losses) on hedging derivatives, net of taxes of $40 and $95 for the three months ended June 30, 2015 and 2014, respectively, and $113 and $113 for the six months ended June 30, 2015 and 2014, respectively	`OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax`	$64.00K	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$49.16M	USD	2 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$59.67M	USD	2 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$25.73M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$22.91M	USD	1 Quarter

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