10-Q Filing

GRAND CANYON EDUCATION, INC. CIK: 1434588 Q2 2018

Filing Information

Form Type	10-Q
Accession Number	`0001193125-18-242733`
Period End Date	20180630
Filing Date	20180808
Fiscal Year	2018
Fiscal Period	Q2
XBRL Instance	lope-20180630.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 81 Income Statement 68 Cash Flow Statement 69 Stockholders Equity 14 Comprehensive Income 24

Balance Sheet 81 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
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$153.47M	USD	Point-in-time
Preferred stock, shares issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$221.63M	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
Restricted cash and cash equivalents	`RestrictedCashAndCashEquivalentsAtCarryingValue`	$94.53M	USD	Point-in-time
Common stock, par value	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Investments	`AvailableForSaleSecuritiesCurrent`	$89.27M	USD	Point-in-time
Common stock, par value	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Investments	`AvailableForSaleSecuritiesCurrent`	$76.52M	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
Assets held for sale	`AssetsHeldForSaleNotPartOfDisposalGroupCurrent`	$974.35M	USD	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$10.91M	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	52.55M	shares	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	52.28M	shares	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	48.26M	shares	Point-in-time
Income tax receivable	`IncomeTaxesReceivable`	$2.09M	USD	Point-in-time
Income tax receivable	`IncomeTaxesReceivable`	$315.00K	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	48.12M	shares	Point-in-time
Treasury stock, shares	`TreasuryStockShares`	4.29M	shares	Point-in-time
Treasury stock, shares	`TreasuryStockShares`	4.15M	shares	Point-in-time
Other current assets	`OtherAssetsCurrent`	$8.75M	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$24.59M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$1.28B	USD	Point-in-time
Total current assets	`AssetsCurrent`	$374.86M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$922.28M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$112.19M	USD	Point-in-time
Prepaid royalties	`PrepaidRoyaltiesNoncurrent`	$2.62M	USD	Point-in-time
Prepaid royalties	`PrepaidRoyaltiesNoncurrent`	$2.76M	USD	Point-in-time
Goodwill	`Goodwill`	$2.94M	USD	Point-in-time
Goodwill	`Goodwill`	$2.94M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$723.00K	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$657.00K	USD	Point-in-time
Total assets	`Assets`	$1.30B	USD	Point-in-time
Total assets	`Assets`	$1.40B	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$35.44M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$29.14M	USD	Point-in-time
Accrued compensation and benefits	`EmployeeRelatedLiabilitiesCurrent`	$23.17M	USD	Point-in-time
Accrued compensation and benefits	`EmployeeRelatedLiabilitiesCurrent`	$23.63M	USD	Point-in-time
Accrued liabilities	`AccruedLiabilitiesCurrent`	$20.76M	USD	Point-in-time
Accrued liabilities	`AccruedLiabilitiesCurrent`	$19.00M	USD	Point-in-time
Income taxes payable	`AccruedIncomeTaxesCurrent`	$46.00K	USD	Point-in-time
Income taxes payable	`AccruedIncomeTaxesCurrent`	$16.18M	USD	Point-in-time
Liabilities held for sale	`LiabilitiesHeldForSaleCurrent`	$139.14M	USD	Point-in-time
Student deposits	`CustomerDepositsCurrent`	$95.30M	USD	Point-in-time
Deferred revenue	`DeferredRevenueCurrent`	$46.90M	USD	Point-in-time
Current portion of notes payable	`NotesPayableCurrent`	$6.69M	USD	Point-in-time
Current portion of notes payable	`NotesPayableCurrent`	$6.57M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$223.83M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$238.13M	USD	Point-in-time
Other noncurrent liabilities	`OtherLiabilitiesNoncurrent`	$1.20M	USD	Point-in-time
Deferred income taxes, noncurrent	`DeferredTaxLiabilitiesNoncurrent`	$18.36M	USD	Point-in-time
Deferred income taxes, noncurrent	`DeferredTaxLiabilitiesNoncurrent`	$19.22M	USD	Point-in-time
Notes payable, less current portion	`LongTermNotesPayable`	$59.92M	USD	Point-in-time
Notes payable, less current portion	`LongTermNotesPayable`	$56.62M	USD	Point-in-time
Total liabilities	`Liabilities`	$317.62M	USD	Point-in-time
Total liabilities	`Liabilities`	$299.67M	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, 2018 and December 31, 2017	`PreferredStockValue`	-	USD	Point-in-time
Preferred stock, $0.01 par value, 10,000 shares authorized; 0 shares issued and outstanding at June 30, 2018 and December 31, 2017	`PreferredStockValue`	-	USD	Point-in-time
Common stock, $0.01 par value, 100,000 shares authorized; 52,552 and 52,277 shares issued and 48,257 and 48,125 shares outstanding at June 30, 2018 and December 31, 2017, respectively	`CommonStockValue`	$523.00K	USD	Point-in-time
Common stock, $0.01 par value, 100,000 shares authorized; 52,552 and 52,277 shares issued and 48,257 and 48,125 shares outstanding at June 30, 2018 and December 31, 2017, respectively	`CommonStockValue`	$526.00K	USD	Point-in-time
Treasury stock, at cost, 4,295 and 4,152 shares of common stock at June 30, 2018 and December 31, 2017, respectively	`TreasuryStockValue`	$113.76M	USD	Point-in-time
Treasury stock, at cost, 4,295 and 4,152 shares of common stock at June 30, 2018 and December 31, 2017, respectively	`TreasuryStockValue`	$100.69M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$241.17M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$232.67M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-515.00K	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-724.00K	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$972.88M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$854.18M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$1.10B	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$985.95M	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$1.30B	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$1.40B	USD	Point-in-time

Income Statement 68 line items

Line Item	Tag	Value	Unit	Period
Net revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$218.30M	USD	1 Quarter
Net revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$466.51M	USD	2 Qtrs
Net revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$512.50M	USD	2 Qtrs
Net revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$236.82M	USD	1 Quarter
Instructional costs and services	`InstructionalCostsAndServices`	$95.03M	USD	1 Quarter
Instructional costs and services	`InstructionalCostsAndServices`	$213.26M	USD	2 Qtrs
Instructional costs and services	`InstructionalCostsAndServices`	$102.24M	USD	1 Quarter
Instructional costs and services	`InstructionalCostsAndServices`	$197.60M	USD	2 Qtrs
Admissions advisory and related	`AdmissionsAdvisoryAndRelatedExpenses`	$34.25M	USD	1 Quarter
Admissions advisory and related	`AdmissionsAdvisoryAndRelatedExpenses`	$69.11M	USD	2 Qtrs
Admissions advisory and related	`AdmissionsAdvisoryAndRelatedExpenses`	$31.09M	USD	1 Quarter
Admissions advisory and related	`AdmissionsAdvisoryAndRelatedExpenses`	$63.06M	USD	2 Qtrs
Advertising	`AdvertisingExpense`	$49.41M	USD	2 Qtrs
Advertising	`AdvertisingExpense`	$27.60M	USD	1 Quarter
Advertising	`AdvertisingExpense`	$53.32M	USD	2 Qtrs
Advertising	`AdvertisingExpense`	$24.78M	USD	1 Quarter
Marketing and promotional	`MarketingExpense`	$4.95M	USD	2 Qtrs
Marketing and promotional	`MarketingExpense`	$4.72M	USD	2 Qtrs
Marketing and promotional	`MarketingExpense`	$2.26M	USD	1 Quarter
Marketing and promotional	`MarketingExpense`	$2.27M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$20.00M	USD	2 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$11.97M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$10.06M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$23.28M	USD	2 Qtrs
Total costs and expenses	`CostsAndExpenses`	$334.79M	USD	2 Qtrs
Total costs and expenses	`CostsAndExpenses`	$363.92M	USD	2 Qtrs
Total costs and expenses	`CostsAndExpenses`	$178.33M	USD	1 Quarter
Total costs and expenses	`CostsAndExpenses`	$163.21M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$55.09M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$58.49M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$148.58M	USD	2 Qtrs
Operating income	`OperatingIncomeLoss`	$131.72M	USD	2 Qtrs
Interest expense	`InterestExpense`	$403.00K	USD	2 Qtrs
Interest expense	`InterestExpense`	$1.07M	USD	2 Qtrs
Interest expense	`InterestExpense`	$57.00K	USD	1 Quarter
Interest expense	`InterestExpense`	$495.00K	USD	1 Quarter
Interest and other income	`InterestAndOtherIncomeExpenseNonoperating`	$739.00K	USD	1 Quarter
Interest and other income	`InterestAndOtherIncomeExpenseNonoperating`	$741.00K	USD	2 Qtrs
Interest and other income	`InterestAndOtherIncomeExpenseNonoperating`	$1.57M	USD	1 Quarter
Interest and other income	`InterestAndOtherIncomeExpenseNonoperating`	$2.55M	USD	2 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$131.38M	USD	2 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$60.00M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$150.72M	USD	2 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$55.33M	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$35.62M	USD	2 Qtrs
Income tax expense	`IncomeTaxExpenseBenefit`	$31.01M	USD	2 Qtrs
Income tax expense	`IncomeTaxExpenseBenefit`	$15.48M	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$13.96M	USD	1 Quarter
Net income	`NetIncomeLoss`	$46.04M	USD	1 Quarter
Net income	`NetIncomeLoss`	$95.76M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$119.72M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$39.85M	USD	1 Quarter
Basic income per share	`EarningsPerShareBasic`	$2.52	USD	2 Qtrs
Basic income per share	`EarningsPerShareBasic`	$0.85	USD	1 Quarter
Basic income per share	`EarningsPerShareBasic`	$2.04	USD	2 Qtrs
Basic income per share	`EarningsPerShareBasic`	$0.97	USD	1 Quarter
Diluted income per share	`EarningsPerShareDiluted`	$2.47	USD	2 Qtrs
Diluted income per share	`EarningsPerShareDiluted`	$1.99	USD	2 Qtrs
Diluted income per share	`EarningsPerShareDiluted`	$0.83	USD	1 Quarter
Diluted income per share	`EarningsPerShareDiluted`	$0.95	USD	1 Quarter
Basic weighted average shares outstanding	`WeightedAverageNumberOfSharesOutstandingBasic`	47.15M	shares	1 Quarter
Basic weighted average shares outstanding	`WeightedAverageNumberOfSharesOutstandingBasic`	47.54M	shares	2 Qtrs
Basic weighted average shares outstanding	`WeightedAverageNumberOfSharesOutstandingBasic`	46.95M	shares	2 Qtrs
Basic weighted average shares outstanding	`WeightedAverageNumberOfSharesOutstandingBasic`	47.60M	shares	1 Quarter
Diluted weighted average shares outstanding	`WeightedAverageNumberOfDilutedSharesOutstanding`	48.13M	shares	2 Qtrs
Diluted weighted average shares outstanding	`WeightedAverageNumberOfDilutedSharesOutstanding`	48.42M	shares	2 Qtrs
Diluted weighted average shares outstanding	`WeightedAverageNumberOfDilutedSharesOutstanding`	48.19M	shares	1 Quarter
Diluted weighted average shares outstanding	`WeightedAverageNumberOfDilutedSharesOutstanding`	48.41M	shares	1 Quarter

Cash Flow Statement 69 line items

Line Item	Tag	Value	Unit	Period
Net income	`ProfitLoss`	$95.76M	USD	2 Qtrs
Net income	`ProfitLoss`	$119.72M	USD	2 Qtrs
Share-based compensation	`AllocatedShareBasedCompensationExpense`	$6.23M	USD	2 Qtrs
Share-based compensation	`AllocatedShareBasedCompensationExpense`	$6.73M	USD	2 Qtrs
Provision for bad debts	`ProvisionForDoubtfulAccounts`	$7.83M	USD	2 Qtrs
Provision for bad debts	`ProvisionForDoubtfulAccounts`	$8.67M	USD	2 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$26.86M	USD	2 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$27.97M	USD	2 Qtrs
Deferred income taxes	`DeferredIncomeTaxesAndTaxCredits`	$1.25M	USD	2 Qtrs
Deferred income taxes	`DeferredIncomeTaxesAndTaxCredits`	$3.37M	USD	2 Qtrs
Other	`OtherNoncashIncomeExpense`	$-1.02M	USD	2 Qtrs
Other	`OtherNoncashIncomeExpense`	$-214.00K	USD	2 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$7.78M	USD	2 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$8.46M	USD	2 Qtrs
Prepaid expenses and other	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$78.00K	USD	2 Qtrs
Prepaid expenses and other	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$1.72M	USD	2 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayableTrade`	$-1.71M	USD	2 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayableTrade`	$-1.37M	USD	2 Qtrs
Accrued liabilities and employee related liabilities	`IncreaseDecreaseInAccruedLiabilities`	$2.50M	USD	2 Qtrs
Accrued liabilities and employee related liabilities	`IncreaseDecreaseInAccruedLiabilities`	$-439.00K	USD	2 Qtrs
Income taxes receivable/payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$1.04M	USD	2 Qtrs
Income taxes receivable/payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$-14.37M	USD	2 Qtrs
Deferred rent	`IncreaseDecreaseInDeferredRent`	$-222.00K	USD	2 Qtrs
Deferred rent	`IncreaseDecreaseInDeferredRent`	$-189.00K	USD	2 Qtrs
Deferred revenue	`IncreaseDecreaseInDeferredRevenue`	$6.88M	USD	2 Qtrs
Deferred revenue	`IncreaseDecreaseInDeferredRevenue`	$11.27M	USD	2 Qtrs
Student deposits	`IncreaseDecreaseInCustomerDeposits`	$-7.29M	USD	2 Qtrs
Student deposits	`IncreaseDecreaseInCustomerDeposits`	$-6.36M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$133.66M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$143.66M	USD	2 Qtrs
Capital expenditures	`PaymentsToAcquireProductiveAssets`	$78.84M	USD	2 Qtrs
Capital expenditures	`PaymentsToAcquireProductiveAssets`	$50.49M	USD	2 Qtrs
Purchases of land and building improvements related to off-site development	`PurchaseOfLandRelatedToOffsiteDevelopment`	$9.37M	USD	2 Qtrs
Purchases of land and building improvements related to off-site development	`PurchaseOfLandRelatedToOffsiteDevelopment`	$330.00K	USD	2 Qtrs
Purchases of investments	`PaymentsToAcquireAvailableForSaleSecurities`	$21.27M	USD	2 Qtrs
Purchases of investments	`PaymentsToAcquireAvailableForSaleSecurities`	$52.18M	USD	2 Qtrs
Proceeds from sale or maturity of investments	`ProceedsFromSaleAndMaturityOfAvailableForSaleSecurities`	$25.36M	USD	2 Qtrs
Proceeds from sale or maturity of investments	`ProceedsFromSaleAndMaturityOfAvailableForSaleSecurities`	$33.00M	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-86.68M	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-67.44M	USD	2 Qtrs
Principal payments on notes payable and capital lease obligations	`RepaymentsOfDebtAndCapitalLeaseObligations`	$3.40M	USD	2 Qtrs
Principal payments on notes payable and capital lease obligations	`RepaymentsOfDebtAndCapitalLeaseObligations`	$3.43M	USD	2 Qtrs
Net borrowings from revolving line of credit	`ProceedsFromRepaymentsOfLinesOfCredit`	$-25.00M	USD	2 Qtrs
Repurchase of common shares including shares withheld in lieu of income taxes	`PaymentsForRepurchaseOfCommonStock`	$13.06M	USD	2 Qtrs
Repurchase of common shares including shares withheld in lieu of income taxes	`PaymentsForRepurchaseOfCommonStock`	$9.66M	USD	2 Qtrs
Net proceeds from exercise of stock options	`ProceedsFromStockOptionsExercised`	$1.77M	USD	2 Qtrs
Net proceeds from exercise of stock options	`ProceedsFromStockOptionsExercised`	$5.89M	USD	2 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-14.73M	USD	2 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-32.16M	USD	2 Qtrs
Reclassification of restricted cash to assets held for sale	`ReclassificationOfRestrictedCashToAssetsHeldForSale`	$87.88M	USD	2 Qtrs
Net (decrease) increase in cash and cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-26.38M	USD	2 Qtrs
Net (decrease) increase in cash and cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$14.81M	USD	2 Qtrs
Cash and cash equivalents and restricted cash, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$130.91M	USD	Point-in-time
Cash and cash equivalents and restricted cash, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$221.63M	USD	Point-in-time
Cash and cash equivalents and restricted cash, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$248.01M	USD	Point-in-time
Cash and cash equivalents and restricted cash, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$145.72M	USD	Point-in-time
Cash and cash equivalents and restricted cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$130.91M	USD	Point-in-time
Cash and cash equivalents and restricted cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$221.63M	USD	Point-in-time
Cash and cash equivalents and restricted cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$248.01M	USD	Point-in-time
Cash and cash equivalents and restricted cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$145.72M	USD	Point-in-time
Cash paid for interest	`InterestPaidNet`	$1.17M	USD	2 Qtrs
Cash paid for interest	`InterestPaidNet`	$379.00K	USD	2 Qtrs
Cash paid for income taxes	`IncomeTaxesPaid`	$31.72M	USD	2 Qtrs
Cash paid for income taxes	`IncomeTaxesPaid`	$44.23M	USD	2 Qtrs
Purchases of property and equipment included in accounts payable	`PurchasesOfPropertyAndEquipmentIncludedInAccountsPayable`	$14.36M	USD	2 Qtrs
Purchases of property and equipment included in accounts payable	`PurchasesOfPropertyAndEquipmentIncludedInAccountsPayable`	$7.12M	USD	2 Qtrs
Reclassification of capitalized costs - adoption of ASC 606	`ReclassificationOfCapitalizedCostsDueToAdoptionOfASC606`	$9.02M	USD	2 Qtrs
Reclassification of deferred revenue - adoption of ASC 606	`ReclassificationOfDeferredRevenueDueToAdoptionOfASC606`	$7.45M	USD	2 Qtrs
Reclassification of tax effect within accumulated other comprehensive income	`ReclassificationOfTaxEffectWithinAccumulatedOtherComprehensiveIncome`	$156.00K	USD	2 Qtrs

Stockholders Equity 14 line items

Line Item	Tag	Value	Unit	Period
Beginning Balance	`StockholdersEquity`	$1.10B	USD	Point-in-time
Beginning Balance	`StockholdersEquity`	$985.95M	USD	Point-in-time
Cumulative effect from the adoption of accounting pronouncements, net of taxes	`CumulativeEffectOfNewAccountingPrincipleInPeriodOfAdoption`	$-1.17M	USD	Point-in-time
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$96.06M	USD	2 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$39.76M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$46.20M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$120.08M	USD	2 Qtrs
Common stock purchased for treasury	`TreasuryStockValueAcquiredCostMethod`	$1.54M	USD	2 Qtrs
Restricted shares forfeited	`StockIssuedDuringPeriodValueRestrictedStockAwardForfeitures`	-	USD	2 Qtrs
Share-based compensation	`StockIssuedDuringPeriodValueShareBasedCompensation`	$-4.79M	USD	2 Qtrs
Exercise of stock options	`StockIssuedDuringPeriodValueStockOptionsExercised`	$1.77M	USD	2 Qtrs
Exercise of stock options, Shares	`StockIssuedDuringPeriodSharesStockOptionsExercised`	112,000.00	shares	2 Qtrs
Ending Balance	`StockholdersEquity`	$1.10B	USD	Point-in-time
Ending Balance	`StockholdersEquity`	$985.95M	USD	Point-in-time

Comprehensive Income 24 line items

Line Item	Tag	Value	Unit	Period
Unrealized losses on available-for-sale securities, taxes	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax`	$232.00K	USD	2 Qtrs
Unrealized losses on available-for-sale securities, taxes	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax`	$10.00K	USD	1 Quarter
Net income	`NetIncomeLoss`	$46.04M	USD	1 Quarter
Net income	`NetIncomeLoss`	$95.76M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$119.72M	USD	2 Qtrs
Unrealized losses on available-for-sale securities, taxes	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax`	$30.00K	USD	1 Quarter
Net income	`NetIncomeLoss`	$39.85M	USD	1 Quarter
Unrealized losses on available-for-sale securities, taxes	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax`	$38.00K	USD	2 Qtrs
Unrealized losses on hedging derivatives, taxes	`OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodTax`	$42.00K	USD	1 Quarter
Unrealized losses on hedging derivatives, taxes	`OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodTax`	$45.00K	USD	2 Qtrs
Unrealized losses on hedging derivatives, taxes	`OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodTax`	$26.00K	USD	1 Quarter
Unrealized losses on hedging derivatives, taxes	`OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodTax`	$83.00K	USD	2 Qtrs
Unrealized gains (losses) on available-for-sale securities, net of taxes of $30 and $10 for the three months ended June 30, 2018 and 2017, respectively, and $38 and $232 for the six months ended June 30, 2018 and 2017, respectively	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-17.00K	USD	1 Quarter
Unrealized gains (losses) on available-for-sale securities, net of taxes of $30 and $10 for the three months ended June 30, 2018 and 2017, respectively, and $38 and $232 for the six months ended June 30, 2018 and 2017, respectively	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$89.00K	USD	1 Quarter
Unrealized gains (losses) on available-for-sale securities, net of taxes of $30 and $10 for the three months ended June 30, 2018 and 2017, respectively, and $38 and $232 for the six months ended June 30, 2018 and 2017, respectively	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$113.00K	USD	2 Qtrs
Unrealized gains (losses) on available-for-sale securities, net of taxes of $30 and $10 for the three months ended June 30, 2018 and 2017, respectively, and $38 and $232 for the six months ended June 30, 2018 and 2017, respectively	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$376.00K	USD	2 Qtrs
Unrealized gains (losses) on hedging derivatives, net of taxes of $26 and $42 for the three months ended June 30, 2018 and 2017, respectively, and $83 and $45 for the six months ended June 30, 2018 and 2017, respectively	`OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax`	$252.00K	USD	2 Qtrs
Unrealized gains (losses) on hedging derivatives, net of taxes of $26 and $42 for the three months ended June 30, 2018 and 2017, respectively, and $83 and $45 for the six months ended June 30, 2018 and 2017, respectively	`OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax`	$-74.00K	USD	2 Qtrs
Unrealized gains (losses) on hedging derivatives, net of taxes of $26 and $42 for the three months ended June 30, 2018 and 2017, respectively, and $83 and $45 for the six months ended June 30, 2018 and 2017, respectively	`OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax`	$-69.00K	USD	1 Quarter
Unrealized gains (losses) on hedging derivatives, net of taxes of $26 and $42 for the three months ended June 30, 2018 and 2017, respectively, and $83 and $45 for the six months ended June 30, 2018 and 2017, respectively	`OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax`	$78.00K	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$96.06M	USD	2 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$39.76M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$46.20M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$120.08M	USD	2 Qtrs

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