10-Q Filing

GRAND CANYON EDUCATION, INC. CIK: 1434588 Q1 2016

Filing Information

Form Type	10-Q
Accession Number	`0001193125-16-583814`
Period End Date	20160331
Filing Date	20160509
Fiscal Year	2016
Fiscal Period	Q1
XBRL Instance	lope-20160331.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 92 Income Statement 36 Cash Flow Statement 78 Stockholders Equity 11 Comprehensive Income 12

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`	$86.16M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$48.79M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$65.24M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$23.04M	USD	Point-in-time
Preferred stock, shares outstanding	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Restricted cash, cash equivalents and investments	`RestrictedCashAndInvestmentsCurrent`	$75.38M	USD	Point-in-time
Restricted cash, cash equivalents and investments	`RestrictedCashAndInvestmentsCurrent`	$62.48M	USD	Point-in-time
Preferred stock, shares outstanding	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Investments	`AvailableForSaleSecuritiesCurrent`	$83.36M	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`	$84.13M	USD	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$7.45M	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`	$8.30M	USD	Point-in-time
Income tax receivable	`IncomeTaxesReceivable`	$3.95M	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	50.53M	shares	Point-in-time
Income tax receivable	`IncomeTaxesReceivable`	$3.21M	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	50.29M	shares	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	46.61M	shares	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	46.88M	shares	Point-in-time
Other current assets	`OtherAssetsCurrent`	$20.03M	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$20.86M	USD	Point-in-time
Treasury stock, shares	`TreasuryStockShares`	3.41M	shares	Point-in-time
Total current assets	`AssetsCurrent`	$226.10M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$214.90M	USD	Point-in-time
Treasury stock, shares	`TreasuryStockShares`	3.92M	shares	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$667.48M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$725.09M	USD	Point-in-time
Prepaid royalties	`PrepaidRoyaltiesNoncurrent`	$3.28M	USD	Point-in-time
Prepaid royalties	`PrepaidRoyaltiesNoncurrent`	$3.35M	USD	Point-in-time
Goodwill	`Goodwill`	$2.94M	USD	Point-in-time
Goodwill	`Goodwill`	$2.94M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$3.31M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$3.29M	USD	Point-in-time
Total assets	`Assets`	$960.70M	USD	Point-in-time
Total assets	`Assets`	$891.98M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$38.02M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$34.15M	USD	Point-in-time
Accrued compensation and benefits	`EmployeeRelatedLiabilitiesCurrent`	$17.89M	USD	Point-in-time
Accrued compensation and benefits	`EmployeeRelatedLiabilitiesCurrent`	$21.65M	USD	Point-in-time
Accrued liabilities	`AccruedLiabilitiesCurrent`	$17.42M	USD	Point-in-time
Accrued liabilities	`AccruedLiabilitiesCurrent`	$13.85M	USD	Point-in-time
Income taxes payable	`AccruedIncomeTaxesCurrent`	$29.00K	USD	Point-in-time
Income taxes payable	`AccruedIncomeTaxesCurrent`	$17.91M	USD	Point-in-time
Student deposits	`CustomerDepositsCurrent`	$63.14M	USD	Point-in-time
Student deposits	`CustomerDepositsCurrent`	$76.74M	USD	Point-in-time
Deferred revenue	`DeferredRevenueCurrent`	$57.58M	USD	Point-in-time
Deferred revenue	`DeferredRevenueCurrent`	$37.88M	USD	Point-in-time
Due to related parties	`DueToRelatedPartiesCurrent`	$189.00K	USD	Point-in-time
Due to related parties	`DueToRelatedPartiesCurrent`	$675.00K	USD	Point-in-time
Current portion of capital lease obligations	`CapitalLeaseObligationsCurrent`	$160.00K	USD	Point-in-time
Current portion of capital lease obligations	`CapitalLeaseObligationsCurrent`	$697.00K	USD	Point-in-time
Current portion of notes payable	`NotesPayableCurrent`	$6.62M	USD	Point-in-time
Current portion of notes payable	`NotesPayableCurrent`	$6.63M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$222.69M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$188.53M	USD	Point-in-time
Capital lease obligations, less current portion	`CapitalLeaseObligationsNoncurrent`	$381.00K	USD	Point-in-time
Capital lease obligations, less current portion	`CapitalLeaseObligationsNoncurrent`	$788.00K	USD	Point-in-time
Other noncurrent liabilities	`OtherLiabilitiesNoncurrent`	$4.30M	USD	Point-in-time
Other noncurrent liabilities	`OtherLiabilitiesNoncurrent`	$4.07M	USD	Point-in-time
Deferred income taxes, noncurrent	`DeferredTaxLiabilitiesNoncurrent`	$17.76M	USD	Point-in-time
Deferred income taxes, noncurrent	`DeferredTaxLiabilitiesNoncurrent`	$14.86M	USD	Point-in-time
Notes payable, less current portion	`LongTermNotesPayable`	$71.59M	USD	Point-in-time
Notes payable, less current portion	`LongTermNotesPayable`	$73.25M	USD	Point-in-time
Total liabilities	`Liabilities`	$281.73M	USD	Point-in-time
Total liabilities	`Liabilities`	$316.50M	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, 2016 and December 31, 2015	`PreferredStockValue`	-	USD	Point-in-time
Preferred stock, $0.01 par value, 10,000 shares authorized; 0 shares issued and outstanding at March 31, 2016 and December 31, 2015	`PreferredStockValue`	-	USD	Point-in-time
Common stock, $0.01 par value, 100,000 shares authorized; 50,533 and 50,288 shares issued and 46,614 and 46,877 shares outstanding at March 31, 2016 and December 31, 2015, respectively	`CommonStockValue`	$503.00K	USD	Point-in-time
Common stock, $0.01 par value, 100,000 shares authorized; 50,533 and 50,288 shares issued and 46,614 and 46,877 shares outstanding at March 31, 2016 and December 31, 2015, respectively	`CommonStockValue`	$505.00K	USD	Point-in-time
Treasury stock, at cost, 3,919 and 3,411 shares of common stock at March 31, 2016 and December 31, 2015, respectively	`TreasuryStockValue`	$88.51M	USD	Point-in-time
Treasury stock, at cost, 3,919 and 3,411 shares of common stock at March 31, 2016 and December 31, 2015, respectively	`TreasuryStockValue`	$69.33M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$177.17M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$186.83M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-688.00K	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-489.00K	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$546.07M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$502.40M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$610.25M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$644.21M	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$891.98M	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$960.70M	USD	Point-in-time

Income Statement 36 line items

Line Item	Tag	Value	Unit	Period
Admissions advisory and related expenses to related parties	`RelatedPartyTransactionExpensesFromTransactionsWithRelatedParty`	$505.00K	USD	1 Quarter
Admissions advisory and related expenses to related parties	`RelatedPartyTransactionExpensesFromTransactionsWithRelatedParty`	$294.00K	USD	1 Quarter
Net revenue	`SalesRevenueNet`	$226.96M	USD	1 Quarter
Net revenue	`SalesRevenueNet`	$194.13M	USD	1 Quarter
Instructional costs and services	`InstructionalCostsAndServices`	$78.69M	USD	1 Quarter
Instructional costs and services	`InstructionalCostsAndServices`	$94.65M	USD	1 Quarter
Admissions advisory and related, including $294 and $505 to related parties for the three months ended March 31, 2016 and 2015, respectively	`AdmissionsAdvisoryAndRelatedExpenses`	$28.33M	USD	1 Quarter
Admissions advisory and related, including $294 and $505 to related parties for the three months ended March 31, 2016 and 2015, respectively	`AdmissionsAdvisoryAndRelatedExpenses`	$29.54M	USD	1 Quarter
Advertising	`AdvertisingExpense`	$20.03M	USD	1 Quarter
Advertising	`AdvertisingExpense`	$21.11M	USD	1 Quarter
Marketing and promotional	`MarketingExpense`	$2.24M	USD	1 Quarter
Marketing and promotional	`MarketingExpense`	$1.69M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$10.72M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$9.40M	USD	1 Quarter
Total costs and expenses	`CostsAndExpenses`	$158.27M	USD	1 Quarter
Total costs and expenses	`CostsAndExpenses`	$138.14M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$55.99M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$68.69M	USD	1 Quarter
Interest expense	`InterestExpense`	$375.00K	USD	1 Quarter
Interest expense	`InterestExpense`	$329.00K	USD	1 Quarter
Interest and other income	`InterestAndOtherIncomeExpenseNonoperating`	$2.05M	USD	1 Quarter
Interest and other income	`InterestAndOtherIncomeExpenseNonoperating`	$257.00K	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$70.41M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$55.87M	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$26.75M	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$21.69M	USD	1 Quarter
Net income	`NetIncomeLoss`	$43.66M	USD	1 Quarter
Net income	`NetIncomeLoss`	$34.18M	USD	1 Quarter
Basic income per share	`EarningsPerShareBasic`	$0.96	USD	1 Quarter
Basic income per share	`EarningsPerShareBasic`	$0.75	USD	1 Quarter
Diluted income per share	`EarningsPerShareDiluted`	$0.72	USD	1 Quarter
Diluted income per share	`EarningsPerShareDiluted`	$0.93	USD	1 Quarter
Basic weighted average shares outstanding	`WeightedAverageNumberOfSharesOutstandingBasic`	45.62M	shares	1 Quarter
Basic weighted average shares outstanding	`WeightedAverageNumberOfSharesOutstandingBasic`	45.79M	shares	1 Quarter
Diluted weighted average shares outstanding	`WeightedAverageNumberOfDilutedSharesOutstanding`	46.86M	shares	1 Quarter
Diluted weighted average shares outstanding	`WeightedAverageNumberOfDilutedSharesOutstanding`	47.20M	shares	1 Quarter

Cash Flow Statement 78 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$43.66M	USD	1 Quarter
Net income	`NetIncomeLoss`	$34.18M	USD	1 Quarter
Share-based compensation	`AllocatedShareBasedCompensationExpense`	$2.90M	USD	1 Quarter
Share-based compensation	`AllocatedShareBasedCompensationExpense`	$2.60M	USD	1 Quarter
Excess tax benefits from share-based compensation	`ExcessTaxBenefitFromShareBasedCompensationOperatingActivities`	$2.82M	USD	1 Quarter
Excess tax benefits from share-based compensation	`ExcessTaxBenefitFromShareBasedCompensationOperatingActivities`	$3.50M	USD	1 Quarter
Provision for bad debts	`ProvisionForDoubtfulAccounts`	$4.52M	USD	1 Quarter
Provision for bad debts	`ProvisionForDoubtfulAccounts`	$3.97M	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$10.47M	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$8.15M	USD	1 Quarter
Deferred income taxes	`DeferredIncomeTaxesAndTaxCredits`	$2.71M	USD	1 Quarter
Deferred income taxes	`DeferredIncomeTaxesAndTaxCredits`	$1.00M	USD	1 Quarter
Other	`OtherNoncashIncomeExpense`	$1.69M	USD	1 Quarter
Restricted cash, cash equivalents and investments	`IncreaseDecreaseInRestrictedCashForOperatingActivities`	$-9.96M	USD	1 Quarter
Restricted cash, cash equivalents and investments	`IncreaseDecreaseInRestrictedCashForOperatingActivities`	$-12.90M	USD	1 Quarter
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$3.05M	USD	1 Quarter
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$3.68M	USD	1 Quarter
Prepaid expenses and other	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-404.00K	USD	1 Quarter
Prepaid expenses and other	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$283.00K	USD	1 Quarter
Due to/from related parties	`IncreaseDecreaseInDueToRelatedPartiesCurrent`	$17.00K	USD	1 Quarter
Due to/from related parties	`IncreaseDecreaseInDueToRelatedPartiesCurrent`	$-486.00K	USD	1 Quarter
Accounts payable	`IncreaseDecreaseInAccountsPayableTrade`	$-7.01M	USD	1 Quarter
Accounts payable	`IncreaseDecreaseInAccountsPayableTrade`	$-165.00K	USD	1 Quarter
Accrued liabilities and employee related liabilities	`IncreaseDecreaseInAccruedLiabilities`	$-4.53M	USD	1 Quarter
Accrued liabilities and employee related liabilities	`IncreaseDecreaseInAccruedLiabilities`	$7.33M	USD	1 Quarter
Income taxes receivable/payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$13.51M	USD	1 Quarter
Income taxes receivable/payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$21.93M	USD	1 Quarter
Deferred rent	`IncreaseDecreaseInDeferredRent`	$-268.00K	USD	1 Quarter
Deferred rent	`IncreaseDecreaseInDeferredRent`	$-236.00K	USD	1 Quarter
Deferred revenue	`IncreaseDecreaseInDeferredRevenue`	$19.70M	USD	1 Quarter
Deferred revenue	`IncreaseDecreaseInDeferredRevenue`	$16.54M	USD	1 Quarter
Student deposits	`IncreaseDecreaseInCustomerDeposits`	$-13.61M	USD	1 Quarter
Student deposits	`IncreaseDecreaseInCustomerDeposits`	$-10.63M	USD	1 Quarter
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$68.19M	USD	1 Quarter
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$96.32M	USD	1 Quarter
Capital expenditures	`PaymentsToAcquireProductiveAssets`	$44.21M	USD	1 Quarter
Capital expenditures	`PaymentsToAcquireProductiveAssets`	$49.78M	USD	1 Quarter
Purchases of land, building and golf course improvements related to off-site development	`PurchaseOfLandRelatedToOffsiteDevelopment`	$7.72M	USD	1 Quarter
Purchases of land, building and golf course improvements related to off-site development	`PurchaseOfLandRelatedToOffsiteDevelopment`	$1.52M	USD	1 Quarter
Proceeds received from note receivable	`ProceedsFromSaleOfNotesReceivable`	$501.00K	USD	1 Quarter
Return of equity method investment	`ProceedsFromSaleOfEquityMethodInvestments`	$1.75M	USD	1 Quarter
Purchases of investments	`PaymentsToAcquireAvailableForSaleSecurities`	$10.71M	USD	1 Quarter
Purchases of investments	`PaymentsToAcquireAvailableForSaleSecurities`	$13.69M	USD	1 Quarter
Proceeds from sale or maturity of investments	`ProceedsFromSaleAndMaturityOfAvailableForSaleSecurities`	$10.48M	USD	1 Quarter
Proceeds from sale or maturity of investments	`ProceedsFromSaleAndMaturityOfAvailableForSaleSecurities`	$12.92M	USD	1 Quarter
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivitiesContinuingOperations`	$-56.01M	USD	1 Quarter
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivitiesContinuingOperations`	$-45.97M	USD	1 Quarter
Principal payments on notes payable and capital lease obligations	`RepaymentsOfDebtAndCapitalLeaseObligations`	$2.13M	USD	1 Quarter
Principal payments on notes payable and capital lease obligations	`RepaymentsOfDebtAndCapitalLeaseObligations`	$1.68M	USD	1 Quarter
Debt issuance costs	`PaymentsOfDebtIssuanceCosts`	$194.00K	USD	1 Quarter
Repurchase of common shares including shares withheld in lieu of income taxes	`PaymentsForRepurchaseOfCommonStock`	$4.18M	USD	1 Quarter
Repurchase of common shares including shares withheld in lieu of income taxes	`PaymentsForRepurchaseOfCommonStock`	$19.18M	USD	1 Quarter
Excess tax benefits from share-based compensation	`ExcessTaxBenefitFromShareBasedCompensationFinancingActivities`	$3.50M	USD	1 Quarter
Excess tax benefits from share-based compensation	`ExcessTaxBenefitFromShareBasedCompensationFinancingActivities`	$2.82M	USD	1 Quarter
Net proceeds from exercise of stock options	`ProceedsFromStockOptionsExercised`	$3.46M	USD	1 Quarter
Net proceeds from exercise of stock options	`ProceedsFromStockOptionsExercised`	$1.74M	USD	1 Quarter
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivitiesContinuingOperations`	$-14.55M	USD	1 Quarter
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivitiesContinuingOperations`	$-1.30M	USD	1 Quarter
Net increase in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$20.92M	USD	1 Quarter
Net increase in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$25.76M	USD	1 Quarter
Cash and cash equivalents, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$86.16M	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$48.79M	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`	$23.04M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashAndCashEquivalentsAtCarryingValue`	$86.16M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashAndCashEquivalentsAtCarryingValue`	$48.79M	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`	$23.04M	USD	Point-in-time
Cash paid for interest	`InterestPaid`	$332.00K	USD	1 Quarter
Cash paid for interest	`InterestPaid`	$386.00K	USD	1 Quarter
Cash paid for income taxes	`IncomeTaxesPaid`	$1.72M	USD	1 Quarter
Cash paid for income taxes	`IncomeTaxesPaid`	$6.80M	USD	1 Quarter
Purchases of property and equipment included in accounts payable	`PurchasesOfPropertyAndEquipmentIncludedInAccountsPayable`	$17.61M	USD	1 Quarter
Purchases of property and equipment included in accounts payable	`PurchasesOfPropertyAndEquipmentIncludedInAccountsPayable`	$23.16M	USD	1 Quarter
Tax benefit of Spirit warrant intangible	`TaxBenefitOfSpiritWarrantIntangible`	$63.00K	USD	1 Quarter
Tax benefit of Spirit warrant intangible	`TaxBenefitOfSpiritWarrantIntangible`	$65.00K	USD	1 Quarter
Shortfall tax expense from share-based compensation	`ShortfallTaxExpenseFromShareBasedCompensation`	$11.00K	USD	1 Quarter
Shortfall tax expense from share-based compensation	`ShortfallTaxExpenseFromShareBasedCompensation`	$252.00K	USD	1 Quarter

Stockholders Equity 11 line items

Line Item	Tag	Value	Unit	Period
Beginning Balance	`StockholdersEquity`	$610.25M	USD	Point-in-time
Beginning Balance	`StockholdersEquity`	$644.21M	USD	Point-in-time
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$43.47M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$33.95M	USD	1 Quarter
Common stock purchased for treasury	`TreasuryStockValueAcquiredCostMethod`	$14.59M	USD	1 Quarter
Share-based compensation	`StockIssuedDuringPeriodValueShareBasedCompensation`	$-1.69M	USD	1 Quarter
Exercise of stock options	`StockIssuedDuringPeriodValueStockOptionsExercised`	$3.46M	USD	1 Quarter
Exercise of stock options, Shares	`StockIssuedDuringPeriodSharesStockOptionsExercised`	245,000.00	shares	1 Quarter
Excess tax benefits	`AdjustmentsToAdditionalPaidInCapitalTaxEffectFromShareBasedCompensation`	$3.31M	USD	1 Quarter
Ending Balance	`StockholdersEquity`	$610.25M	USD	Point-in-time
Ending Balance	`StockholdersEquity`	$644.21M	USD	Point-in-time

Comprehensive Income 12 line items

Line Item	Tag	Value	Unit	Period
Unrealized gains on available-for-sale securities, taxes	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax`	$24.00K	USD	1 Quarter
Net income	`NetIncomeLoss`	$43.66M	USD	1 Quarter
Unrealized gains on available-for-sale securities, taxes	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax`	$3.00K	USD	1 Quarter
Net income	`NetIncomeLoss`	$34.18M	USD	1 Quarter
Unrealized losses on hedging derivatives, taxes	`OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodTax`	$153.00K	USD	1 Quarter
Unrealized losses on hedging derivatives, taxes	`OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodTax`	$148.00K	USD	1 Quarter
Unrealized gains on available-for-sale securities, net of taxes of $24 and $3 for March 31, 2016 and 2015, respectively	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$5.00K	USD	1 Quarter
Unrealized gains on available-for-sale securities, net of taxes of $24 and $3 for March 31, 2016 and 2015, respectively	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$39.00K	USD	1 Quarter
Unrealized losses on hedging derivatives, net of taxes of $148 and $153 for March 31, 2016 and 2015, respectively	`OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax`	$-239.00K	USD	1 Quarter
Unrealized losses on hedging derivatives, net of taxes of $148 and $153 for March 31, 2016 and 2015, respectively	`OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax`	$-238.00K	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$43.47M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$33.95M	USD	1 Quarter

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