10-Q Filing

GRAND CANYON EDUCATION, INC. CIK: 1434588 Q3 2015

Filing Information

Form Type	10-Q
Accession Number	`0001193125-15-356288`
Period End Date	20150930
Filing Date	20151028
Fiscal Year	2015
Fiscal Period	Q3
XBRL Instance	lope-20150930.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 92 Income Statement 72 Cash Flow Statement 80 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
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`	$55.82M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$65.24M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$78.18M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$56.48M	USD	Point-in-time
Restricted cash, cash equivalents and investments	`RestrictedCashAndInvestmentsCurrent`	$67.84M	USD	Point-in-time
Restricted cash, cash equivalents and investments	`RestrictedCashAndInvestmentsCurrent`	$64.74M	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`	$100.78M	USD	Point-in-time
Investments	`AvailableForSaleSecuritiesCurrent`	$84.02M	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
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`	$9.50M	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	100.00M	shares	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	50.25M	shares	Point-in-time
Deferred income taxes	`DeferredTaxAssetsNetCurrent`	$6.15M	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	49.75M	shares	Point-in-time
Deferred income taxes	`DeferredTaxAssetsNetCurrent`	$5.65M	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	47.14M	shares	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	46.74M	shares	Point-in-time
Other current assets	`OtherAssetsCurrent`	$21.15M	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$19.43M	USD	Point-in-time
Treasury stock, shares	`TreasuryStockShares`	3.11M	shares	Point-in-time
Total current assets	`AssetsCurrent`	$267.05M	USD	Point-in-time
Treasury stock, shares	`TreasuryStockShares`	3.00M	shares	Point-in-time
Total current assets	`AssetsCurrent`	$263.23M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$639.63M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$478.17M	USD	Point-in-time
Prepaid royalties	`PrepaidRoyaltiesNoncurrent`	$3.65M	USD	Point-in-time
Prepaid royalties	`PrepaidRoyaltiesNoncurrent`	$3.43M	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`	$3.38M	USD	Point-in-time
Total assets	`Assets`	$755.71M	USD	Point-in-time
Total assets	`Assets`	$912.61M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$41.48M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$22.71M	USD	Point-in-time
Accrued compensation and benefits	`EmployeeRelatedLiabilitiesCurrent`	$21.58M	USD	Point-in-time
Accrued compensation and benefits	`EmployeeRelatedLiabilitiesCurrent`	$24.00M	USD	Point-in-time
Accrued liabilities	`AccruedLiabilitiesCurrent`	$14.82M	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`	$612.00K	USD	Point-in-time
Student deposits	`CustomerDepositsCurrent`	$69.58M	USD	Point-in-time
Student deposits	`CustomerDepositsCurrent`	$65.98M	USD	Point-in-time
Deferred revenue	`DeferredRevenueCurrent`	$36.87M	USD	Point-in-time
Deferred revenue	`DeferredRevenueCurrent`	$86.71M	USD	Point-in-time
Due to related parties	`DueToRelatedPartiesCurrent`	$382.00K	USD	Point-in-time
Due to related parties	`DueToRelatedPartiesCurrent`	$403.00K	USD	Point-in-time
Current portion of capital lease obligations	`CapitalLeaseObligationsCurrent`	$495.00K	USD	Point-in-time
Current portion of capital lease obligations	`CapitalLeaseObligationsCurrent`	$91.00K	USD	Point-in-time
Current portion of notes payable	`NotesPayableCurrent`	$6.72M	USD	Point-in-time
Current portion of notes payable	`NotesPayableCurrent`	$6.62M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$238.78M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$178.71M	USD	Point-in-time
Capital lease obligations, less current portion	`CapitalLeaseObligationsNoncurrent`	$153.00K	USD	Point-in-time
Capital lease obligations, less current portion	`CapitalLeaseObligationsNoncurrent`	$406.00K	USD	Point-in-time
Other noncurrent liabilities	`OtherLiabilitiesNoncurrent`	$4.51M	USD	Point-in-time
Other noncurrent liabilities	`OtherLiabilitiesNoncurrent`	$3.69M	USD	Point-in-time
Deferred income taxes, noncurrent	`DeferredTaxLiabilitiesNoncurrent`	$15.97M	USD	Point-in-time
Deferred income taxes, noncurrent	`DeferredTaxLiabilitiesNoncurrent`	$14.59M	USD	Point-in-time
Notes payable, less current portion	`LongTermNotesPayable`	$75.76M	USD	Point-in-time
Notes payable, less current portion	`LongTermNotesPayable`	$79.88M	USD	Point-in-time
Total liabilities	`Liabilities`	$332.97M	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 September 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 September 30, 2015 and December 31, 2014	`PreferredStockValue`	-	USD	Point-in-time
Common stock, $0.01 par value, 100,000 shares authorized; 50,247 and 49,746 shares issued and 47,138 and 46,744 shares outstanding at September 30, 2015 and December 31, 2014, respectively	`CommonStockValue`	$497.00K	USD	Point-in-time
Common stock, $0.01 par value, 100,000 shares authorized; 50,247 and 49,746 shares issued and 47,138 and 46,744 shares outstanding at September 30, 2015 and December 31, 2014, respectively	`CommonStockValue`	$502.00K	USD	Point-in-time
Treasury stock, at cost, 3,109 and 3,002 shares of common stock at September 30, 2015 and December 31, 2014, respectively	`TreasuryStockValue`	$53.77M	USD	Point-in-time
Treasury stock, at cost, 3,109 and 3,002 shares of common stock at September 30, 2015 and December 31, 2014, respectively	`TreasuryStockValue`	$58.00M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$158.55M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$173.30M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-454.00K	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-35.00K	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$370.99M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$464.29M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$476.23M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$579.64M	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$755.71M	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$912.61M	USD	Point-in-time

Income Statement 72 line items

Line Item	Tag	Value	Unit	Period
Admissions advisory and related expenses to related parties	`RelatedPartyTransactionExpensesFromTransactionsWithRelatedParty`	$412.00K	USD	1 Quarter
Admissions advisory and related expenses to related parties	`RelatedPartyTransactionExpensesFromTransactionsWithRelatedParty`	$762.00K	USD	1 Quarter
Net revenue	`SalesRevenueNet`	$562.25M	USD	3 Qtrs
Net revenue	`SalesRevenueNet`	$193.39M	USD	1 Quarter
Admissions advisory and related expenses to related parties	`RelatedPartyTransactionExpensesFromTransactionsWithRelatedParty`	$2.37M	USD	3 Qtrs
Admissions advisory and related expenses to related parties	`RelatedPartyTransactionExpensesFromTransactionsWithRelatedParty`	$1.41M	USD	3 Qtrs
Net revenue	`SalesRevenueNet`	$175.06M	USD	1 Quarter
Net revenue	`SalesRevenueNet`	$501.08M	USD	3 Qtrs
Instructional costs and services	`InstructionalCostsAndServices`	$83.18M	USD	1 Quarter
Instructional costs and services	`InstructionalCostsAndServices`	$237.22M	USD	3 Qtrs
Instructional costs and services	`InstructionalCostsAndServices`	$210.24M	USD	3 Qtrs
Instructional costs and services	`InstructionalCostsAndServices`	$71.71M	USD	1 Quarter
Admissions advisory and related, including $412 and $762 for the three months ended September 30, 2015 and 2014, respectively, and $1,406 and $2,373 for the nine months ended September 30, 2015 and 2014, respectively, to related parties	`AdmissionsAdvisoryAndRelatedExpenses`	$27.51M	USD	1 Quarter
Admissions advisory and related, including $412 and $762 for the three months ended September 30, 2015 and 2014, respectively, and $1,406 and $2,373 for the nine months ended September 30, 2015 and 2014, respectively, to related parties	`AdmissionsAdvisoryAndRelatedExpenses`	$79.79M	USD	3 Qtrs
Admissions advisory and related, including $412 and $762 for the three months ended September 30, 2015 and 2014, respectively, and $1,406 and $2,373 for the nine months ended September 30, 2015 and 2014, respectively, to related parties	`AdmissionsAdvisoryAndRelatedExpenses`	$83.21M	USD	3 Qtrs
Admissions advisory and related, including $412 and $762 for the three months ended September 30, 2015 and 2014, respectively, and $1,406 and $2,373 for the nine months ended September 30, 2015 and 2014, respectively, to related parties	`AdmissionsAdvisoryAndRelatedExpenses`	$27.32M	USD	1 Quarter
Advertising	`AdvertisingExpense`	$57.81M	USD	3 Qtrs
Advertising	`AdvertisingExpense`	$16.49M	USD	1 Quarter
Advertising	`AdvertisingExpense`	$19.36M	USD	1 Quarter
Advertising	`AdvertisingExpense`	$48.95M	USD	3 Qtrs
Marketing and promotional	`MarketingExpense`	$1.83M	USD	1 Quarter
Marketing and promotional	`MarketingExpense`	$1.93M	USD	1 Quarter
Marketing and promotional	`MarketingExpense`	$5.31M	USD	3 Qtrs
Marketing and promotional	`MarketingExpense`	$5.63M	USD	3 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$11.64M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$31.47M	USD	3 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$12.54M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$29.19M	USD	3 Qtrs
Total costs and expenses	`CostsAndExpenses`	$129.10M	USD	1 Quarter
Total costs and expenses	`CostsAndExpenses`	$144.41M	USD	1 Quarter
Total costs and expenses	`CostsAndExpenses`	$373.80M	USD	3 Qtrs
Total costs and expenses	`CostsAndExpenses`	$415.02M	USD	3 Qtrs
Operating income	`OperatingIncomeLoss`	$45.96M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$48.98M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$127.28M	USD	3 Qtrs
Operating income	`OperatingIncomeLoss`	$147.23M	USD	3 Qtrs
Interest expense	`InterestExpense`	$313.00K	USD	1 Quarter
Interest expense	`InterestExpense`	$1.46M	USD	3 Qtrs
Interest expense	`InterestExpense`	$834.00K	USD	3 Qtrs
Interest expense	`InterestExpense`	$576.00K	USD	1 Quarter
Interest and other income	`InvestmentIncomeNonoperating`	$585.00K	USD	3 Qtrs
Interest and other income	`InvestmentIncomeNonoperating`	$377.00K	USD	3 Qtrs
Interest and other income	`InvestmentIncomeNonoperating`	$43.00K	USD	1 Quarter
Interest and other income	`InvestmentIncomeNonoperating`	$201.00K	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$45.42M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$126.20M	USD	3 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$146.98M	USD	3 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$48.87M	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$53.68M	USD	3 Qtrs
Income tax expense	`IncomeTaxExpenseBenefit`	$47.83M	USD	3 Qtrs
Income tax expense	`IncomeTaxExpenseBenefit`	$15.53M	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$16.41M	USD	1 Quarter
Net income	`NetIncomeLoss`	$93.30M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$33.34M	USD	1 Quarter
Net income	`NetIncomeLoss`	$78.37M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$29.02M	USD	1 Quarter
Basic income per share	`EarningsPerShareBasic`	$0.72	USD	1 Quarter
Basic income per share	`EarningsPerShareBasic`	$2.03	USD	3 Qtrs
Basic income per share	`EarningsPerShareBasic`	$0.64	USD	1 Quarter
Basic income per share	`EarningsPerShareBasic`	$1.72	USD	3 Qtrs
Diluted income per share	`EarningsPerShareDiluted`	$0.70	USD	1 Quarter
Diluted income per share	`EarningsPerShareDiluted`	$0.62	USD	1 Quarter
Diluted income per share	`EarningsPerShareDiluted`	$1.97	USD	3 Qtrs
Diluted income per share	`EarningsPerShareDiluted`	$1.67	USD	3 Qtrs
Basic weighted average shares outstanding	`WeightedAverageNumberOfSharesOutstandingBasic`	46.06M	shares	1 Quarter
Basic weighted average shares outstanding	`WeightedAverageNumberOfSharesOutstandingBasic`	45.65M	shares	1 Quarter
Basic weighted average shares outstanding	`WeightedAverageNumberOfSharesOutstandingBasic`	45.49M	shares	3 Qtrs
Basic weighted average shares outstanding	`WeightedAverageNumberOfSharesOutstandingBasic`	45.96M	shares	3 Qtrs
Diluted weighted average shares outstanding	`WeightedAverageNumberOfDilutedSharesOutstanding`	47.26M	shares	3 Qtrs
Diluted weighted average shares outstanding	`WeightedAverageNumberOfDilutedSharesOutstanding`	47.05M	shares	1 Quarter
Diluted weighted average shares outstanding	`WeightedAverageNumberOfDilutedSharesOutstanding`	47.32M	shares	1 Quarter
Diluted weighted average shares outstanding	`WeightedAverageNumberOfDilutedSharesOutstanding`	46.96M	shares	3 Qtrs

Cash Flow Statement 80 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$93.30M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$33.34M	USD	1 Quarter
Net income	`NetIncomeLoss`	$78.37M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$29.02M	USD	1 Quarter
Share-based compensation	`AllocatedShareBasedCompensationExpense`	$7.41M	USD	3 Qtrs
Share-based compensation	`AllocatedShareBasedCompensationExpense`	$8.42M	USD	3 Qtrs
Excess tax benefits from share-based compensation	`ExcessTaxBenefitFromShareBasedCompensationOperatingActivities`	$7.23M	USD	3 Qtrs
Excess tax benefits from share-based compensation	`ExcessTaxBenefitFromShareBasedCompensationOperatingActivities`	$3.34M	USD	3 Qtrs
Provision for bad debts	`ProvisionForDoubtfulAccounts`	$11.41M	USD	3 Qtrs
Provision for bad debts	`ProvisionForDoubtfulAccounts`	$10.84M	USD	3 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$21.42M	USD	3 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$25.36M	USD	3 Qtrs
Deferred income taxes	`DeferredIncomeTaxesAndTaxCredits`	$-137.00K	USD	3 Qtrs
Deferred income taxes	`DeferredIncomeTaxesAndTaxCredits`	$-1.30M	USD	3 Qtrs
Prepaid royalty impairment	`AmortizationOfAdvanceRoyalty`	$966.00K	USD	3 Qtrs
Other, including fixed asset impairments	`OtherNoncashIncomeExpense`	$-2.48M	USD	3 Qtrs
Other, including fixed asset impairments	`OtherNoncashIncomeExpense`	$-2.10M	USD	3 Qtrs
Restricted cash, cash equivalents and investments	`IncreaseDecreaseInRestrictedCashForOperatingActivities`	$-3.10M	USD	3 Qtrs
Restricted cash, cash equivalents and investments	`IncreaseDecreaseInRestrictedCashForOperatingActivities`	$-5.57M	USD	3 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$13.31M	USD	3 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$11.91M	USD	3 Qtrs
Prepaid expenses and other	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$317.00K	USD	3 Qtrs
Prepaid expenses and other	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$1.55M	USD	3 Qtrs
Due to/from related parties	`IncreaseDecreaseInDueToRelatedPartiesCurrent`	$-21.00K	USD	3 Qtrs
Due to/from related parties	`IncreaseDecreaseInDueToRelatedPartiesCurrent`	$17.00K	USD	3 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayableTrade`	$1.40M	USD	3 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayableTrade`	$-2.96M	USD	3 Qtrs
Accrued liabilities and employee related liabilities	`IncreaseDecreaseInAccruedLiabilities`	$-1.18M	USD	3 Qtrs
Accrued liabilities and employee related liabilities	`IncreaseDecreaseInAccruedLiabilities`	$-1.61M	USD	3 Qtrs
Income taxes receivable/payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$-791.00K	USD	3 Qtrs
Income taxes receivable/payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$18.78M	USD	3 Qtrs
Deferred rent	`IncreaseDecreaseInDeferredRent`	$-2.74M	USD	3 Qtrs
Deferred rent	`IncreaseDecreaseInDeferredRent`	$-824.00K	USD	3 Qtrs
Deferred revenue	`IncreaseDecreaseInDeferredRevenue`	$49.84M	USD	3 Qtrs
Deferred revenue	`IncreaseDecreaseInDeferredRevenue`	$44.09M	USD	3 Qtrs
Student deposits	`IncreaseDecreaseInCustomerDeposits`	$-6.30M	USD	3 Qtrs
Student deposits	`IncreaseDecreaseInCustomerDeposits`	$-3.61M	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$169.01M	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$156.74M	USD	3 Qtrs
Capital expenditures	`PaymentsToAcquireProductiveAssets`	$169.71M	USD	3 Qtrs
Capital expenditures	`PaymentsToAcquireProductiveAssets`	$141.22M	USD	3 Qtrs
Purchases of investments	`PaymentsToAcquireAvailableForSaleSecurities`	$35.55M	USD	3 Qtrs
Purchases of investments	`PaymentsToAcquireAvailableForSaleSecurities`	$101.19M	USD	3 Qtrs
Proceeds from sale or maturity of investments	`ProceedsFromSaleAndMaturityOfAvailableForSaleSecurities`	$82.48M	USD	3 Qtrs
Proceeds from sale or maturity of investments	`ProceedsFromSaleAndMaturityOfAvailableForSaleSecurities`	$52.31M	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivitiesContinuingOperations`	$-152.94M	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivitiesContinuingOperations`	$-159.92M	USD	3 Qtrs
Principal payments on notes payable and capital lease obligations	`RepaymentsOfDebtAndCapitalLeaseObligations`	$5.12M	USD	3 Qtrs
Principal payments on notes payable and capital lease obligations	`RepaymentsOfDebtAndCapitalLeaseObligations`	$5.02M	USD	3 Qtrs
Repurchase of common shares including shares withheld in lieu of income taxes	`PaymentsForRepurchaseOfCommonStock`	$5.34M	USD	3 Qtrs
Repurchase of common shares including shares withheld in lieu of income taxes	`PaymentsForRepurchaseOfCommonStock`	$4.23M	USD	3 Qtrs
Excess tax benefits from share-based compensation	`ExcessTaxBenefitFromShareBasedCompensationFinancingActivities`	$3.34M	USD	3 Qtrs
Excess tax benefits from share-based compensation	`ExcessTaxBenefitFromShareBasedCompensationFinancingActivities`	$7.23M	USD	3 Qtrs
Net proceeds from exercise of stock options	`ProceedsFromStockOptionsExercised`	$6.97M	USD	3 Qtrs
Net proceeds from exercise of stock options	`ProceedsFromStockOptionsExercised`	$2.87M	USD	3 Qtrs
Net cash (used in) provided by financing activities	`NetCashProvidedByUsedInFinancingActivitiesContinuingOperations`	$-3.13M	USD	3 Qtrs
Net cash (used in) provided by financing activities	`NetCashProvidedByUsedInFinancingActivitiesContinuingOperations`	$3.84M	USD	3 Qtrs
Net increase in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$658.00K	USD	3 Qtrs
Net increase in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$12.94M	USD	3 Qtrs
Cash and cash equivalents, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$55.82M	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`	$78.18M	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$56.48M	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`	$65.24M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashAndCashEquivalentsAtCarryingValue`	$78.18M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashAndCashEquivalentsAtCarryingValue`	$56.48M	USD	Point-in-time
Cash paid for interest	`InterestPaid`	$849.00K	USD	3 Qtrs
Cash paid for interest	`InterestPaid`	$1.33M	USD	3 Qtrs
Cash paid for income taxes	`IncomeTaxesPaid`	$29.22M	USD	3 Qtrs
Cash paid for income taxes	`IncomeTaxesPaid`	$54.41M	USD	3 Qtrs
Cash received for income tax refunds	`ProceedsFromIncomeTaxRefunds`	$364.00K	USD	3 Qtrs
Cash received for income tax refunds	`ProceedsFromIncomeTaxRefunds`	$2.00K	USD	3 Qtrs
Purchases of property and equipment included in accounts payable	`PurchasesOfPropertyAndEquipmentIncludedInAccountsPayable`	$23.21M	USD	3 Qtrs
Purchases of property and equipment included in accounts payable	`PurchasesOfPropertyAndEquipmentIncludedInAccountsPayable`	$11.65M	USD	3 Qtrs
Purchases of equipment through capital lease and note payable obligations	`PurchasesOfEquipmentThroughCapitalLeaseAndNotePayableObligations`	$1.26M	USD	3 Qtrs
Tax benefit of Spirit warrant intangible	`TaxBenefitOfSpiritWarrantIntangible`	$190.00K	USD	3 Qtrs
Tax benefit of Spirit warrant intangible	`TaxBenefitOfSpiritWarrantIntangible`	$195.00K	USD	3 Qtrs
Shortfall tax expense from share-based compensation	`ShortfallTaxExpenseFromShareBasedCompensation`	$14.00K	USD	3 Qtrs
Shortfall tax expense from share-based compensation	`ShortfallTaxExpenseFromShareBasedCompensation`	$18.00K	USD	3 Qtrs

Stockholders Equity 12 line items

Line Item	Tag	Value	Unit	Period
Beginning Balance	`StockholdersEquity`	$476.23M	USD	Point-in-time
Beginning Balance	`StockholdersEquity`	$579.64M	USD	Point-in-time
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$29.09M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$33.20M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$78.24M	USD	3 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$92.88M	USD	3 Qtrs
Restricted shares forfeited	`StockIssuedDuringPeriodValueRestrictedStockAwardForfeitures`	-	USD	3 Qtrs
Exercise of stock options	`StockIssuedDuringPeriodValueStockOptionsExercised`	$2.87M	USD	3 Qtrs
Excess tax benefits	`AdjustmentsToAdditionalPaidInCapitalTaxEffectFromShareBasedCompensation`	$3.52M	USD	3 Qtrs
Share-based compensation	`StockIssuedDuringPeriodValueShareBasedCompensation`	$4.14M	USD	3 Qtrs
Ending Balance	`StockholdersEquity`	$476.23M	USD	Point-in-time
Ending Balance	`StockholdersEquity`	$579.64M	USD	Point-in-time

Comprehensive Income 24 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$93.30M	USD	3 Qtrs
Unrealized gains (losses) on available-for-sale securities, taxes	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax`	$-10.00K	USD	3 Qtrs
Net income	`NetIncomeLoss`	$33.34M	USD	1 Quarter
Unrealized gains (losses) on available-for-sale securities, taxes	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax`	$8.00K	USD	1 Quarter
Net income	`NetIncomeLoss`	$78.37M	USD	3 Qtrs
Unrealized gains (losses) on available-for-sale securities, taxes	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax`	$74.00K	USD	1 Quarter
Net income	`NetIncomeLoss`	$29.02M	USD	1 Quarter
Unrealized gains (losses) on available-for-sale securities, taxes	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax`	$7.00K	USD	3 Qtrs
Unrealized gains (losses) on hedging derivatives, taxes	`OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodTax`	$39.00K	USD	1 Quarter
Unrealized gains (losses) on hedging derivatives, taxes	`OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodTax`	$-154.00K	USD	1 Quarter
Unrealized gains (losses) on hedging derivatives, taxes	`OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodTax`	$-267.00K	USD	3 Qtrs
Unrealized gains (losses) on hedging derivatives, taxes	`OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodTax`	$-73.00K	USD	3 Qtrs
Unrealized gains (losses) on available-for-sale securities, net of taxes of $74 and $8 for the three months ended September 30, 2015 and 2014, respectively, and $7 and $10 for the nine months ended September 30, 2015 and 2014, respectively	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$12.00K	USD	1 Quarter
Unrealized gains (losses) on available-for-sale securities, net of taxes of $74 and $8 for the three months ended September 30, 2015 and 2014, respectively, and $7 and $10 for the nine months ended September 30, 2015 and 2014, respectively	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$118.00K	USD	1 Quarter
Unrealized gains (losses) on available-for-sale securities, net of taxes of $74 and $8 for the three months ended September 30, 2015 and 2014, respectively, and $7 and $10 for the nine months ended September 30, 2015 and 2014, respectively	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-16.00K	USD	3 Qtrs
Unrealized gains (losses) on available-for-sale securities, net of taxes of $74 and $8 for the three months ended September 30, 2015 and 2014, respectively, and $7 and $10 for the nine months ended September 30, 2015 and 2014, respectively	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$13.00K	USD	3 Qtrs
Unrealized gains (losses) on hedging derivatives, net of taxes of $154 and $39 for the three months ended September 30, 2015 and 2014, respectively, and $267 and $73 for the nine months ended September 30, 2015 and 2014, respectively	`OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax`	$-432.00K	USD	3 Qtrs
Unrealized gains (losses) on hedging derivatives, net of taxes of $154 and $39 for the three months ended September 30, 2015 and 2014, respectively, and $267 and $73 for the nine months ended September 30, 2015 and 2014, respectively	`OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax`	$-257.00K	USD	1 Quarter
Unrealized gains (losses) on hedging derivatives, net of taxes of $154 and $39 for the three months ended September 30, 2015 and 2014, respectively, and $267 and $73 for the nine months ended September 30, 2015 and 2014, respectively	`OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax`	$-113.00K	USD	3 Qtrs
Unrealized gains (losses) on hedging derivatives, net of taxes of $154 and $39 for the three months ended September 30, 2015 and 2014, respectively, and $267 and $73 for the nine months ended September 30, 2015 and 2014, respectively	`OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax`	$61.00K	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$29.09M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$33.20M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$78.24M	USD	3 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$92.88M	USD	3 Qtrs

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