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10-K Filing

GRAND CANYON EDUCATION, INC. CIK: 1434588 FY 2018
Filing Information
Form Type 10-K
Accession Number 0001558370-19-000782
Period End Date 20181231
Filing Date 20190220
Fiscal Year 2018
Fiscal Period FY
XBRL Instance lope-20181231.xml
Balance Sheet 84 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 authorized but unissued and undesignated PreferredStockSharesAuthorized 10.00M shares Point-in-time
Preferred stock authorized but unissued and undesignated PreferredStockSharesAuthorized 10.00M shares Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $120.35M USD 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
Restricted cash and cash equivalents RestrictedCashAndCashEquivalentsAtCarryingValue $61.67M USD Point-in-time
Restricted cash and cash equivalents RestrictedCashAndCashEquivalentsAtCarryingValue $94.53M 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 Investments $89.27M USD Point-in-time
Common stock, par value CommonStockParOrStatedValuePerShare $0.01 USD Point-in-time
Investments Investments $69.00M 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 $10.91M USD Point-in-time
Accounts receivable, net AccountsReceivableNetCurrent $46.83M USD Point-in-time
Common stock, shares authorized CommonStockSharesAuthorized 100.00M shares Point-in-time
Common stock, shares issued CommonStockSharesIssued 52.69M shares Point-in-time
Common stock, shares issued CommonStockSharesIssued 52.28M shares Point-in-time
Interest receivable on secured note InterestReceivable $4.65M USD Point-in-time
Common stock, shares outstanding CommonStockSharesOutstanding 48.20M shares Point-in-time
Income tax receivable IncomeTaxesReceivable $8.00K USD Point-in-time
Common stock, shares outstanding CommonStockSharesOutstanding 48.12M shares Point-in-time
Income tax receivable IncomeTaxesReceivable $2.09M USD Point-in-time
Treasury stock, shares TreasuryStockShares 4.15M shares Point-in-time
Other current assets OtherAssetsCurrent $24.59M USD Point-in-time
Other current assets OtherAssetsCurrent $6.96M USD Point-in-time
Treasury stock, shares TreasuryStockShares 4.49M shares Point-in-time
Total current assets AssetsCurrent $309.47M USD Point-in-time
Total current assets AssetsCurrent $374.86M USD Point-in-time
Property and equipment, net PropertyPlantAndEquipmentNet $111.04M USD Point-in-time
Property and equipment, net PropertyPlantAndEquipmentNet $922.28M USD Point-in-time
Note receivable NotesAndLoansReceivableNetNoncurrent $900.09M 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 $478.00K USD Point-in-time
Total assets Assets $1.32B USD Point-in-time
Total assets Assets $1.30B USD Point-in-time
Accounts payable AccountsPayableCurrent $14.27M USD Point-in-time
Accounts payable AccountsPayableCurrent $29.14M USD Point-in-time
Accrued compensation and benefits EmployeeRelatedLiabilitiesCurrent $15.43M USD Point-in-time
Accrued compensation and benefits EmployeeRelatedLiabilitiesCurrent $23.17M USD Point-in-time
Accrued liabilities AccruedLiabilitiesCurrent $8.91M USD Point-in-time
Accrued liabilities AccruedLiabilitiesCurrent $20.76M USD Point-in-time
Income taxes payable AccruedIncomeTaxesCurrent $16.18M USD Point-in-time
Income taxes payable AccruedIncomeTaxesCurrent $5.44M USD Point-in-time
Student deposits ContractWithCustomerLiabilityCurrent $95.30M USD Point-in-time
Deferred revenue DeferredRevenueCurrent $46.90M USD Point-in-time
Current portion of notes payable NotesPayableCurrent $36.47M USD Point-in-time
Current portion of notes payable NotesPayableCurrent $6.69M USD Point-in-time
Total current liabilities LiabilitiesCurrent $80.52M 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 $6.46M USD Point-in-time
Deferred income taxes, noncurrent DeferredTaxLiabilitiesNoncurrent $18.36M USD Point-in-time
Notes payable, less current portion LongTermNotesPayable $59.92M USD Point-in-time
Notes payable, less current portion LongTermNotesPayable $23.44M USD Point-in-time
Total liabilities Liabilities $317.62M USD Point-in-time
Total liabilities Liabilities $110.42M 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 December 31, 2018 and 2017 PreferredStockValue - USD Point-in-time
Preferred stock, $0.01 par value, 10,000 shares authorized; 0 shares issued and outstanding at December 31, 2018 and 2017 PreferredStockValue - USD Point-in-time
Common stock, $0.01 par value, 100,000 shares authorized; 52,690 and 52,277 shares issued and 48,201 and 48,125 shares outstanding at December 31, 2018 and 2017, respectively CommonStockValue $523.00K USD Point-in-time
Common stock, $0.01 par value, 100,000 shares authorized; 52,690 and 52,277 shares issued and 48,201 and 48,125 shares outstanding at December 31, 2018 and 2017, respectively CommonStockValue $527.00K USD Point-in-time
Treasury stock, at cost, 4,489 and 4,152 shares of common stock at December 31, 2018 and 2017, respectively TreasuryStockValue $100.69M USD Point-in-time
Treasury stock, at cost, 4,489 and 4,152 shares of common stock at December 31, 2018 and 2017, respectively TreasuryStockValue $125.45M USD Point-in-time
Additional paid-in capital AdditionalPaidInCapitalCommonStock $232.67M USD Point-in-time
Additional paid-in capital AdditionalPaidInCapitalCommonStock $256.81M USD Point-in-time
Accumulated other comprehensive loss AccumulatedOtherComprehensiveIncomeLossNetOfTax $-453.00K USD Point-in-time
Accumulated other comprehensive loss AccumulatedOtherComprehensiveIncomeLossNetOfTax $-724.00K USD Point-in-time
Retained earnings RetainedEarningsAccumulatedDeficit $1.08B USD Point-in-time
Retained earnings RetainedEarningsAccumulatedDeficit $854.18M USD Point-in-time
Total stockholders' equity StockholdersEquity $985.95M USD Point-in-time
Total stockholders' equity StockholdersEquity $610.25M USD Point-in-time
Total stockholders' equity StockholdersEquity $773.69M USD Point-in-time
Total stockholders' equity StockholdersEquity $1.21B USD Point-in-time
Total liabilities and stockholders' equity LiabilitiesAndStockholdersEquity $1.32B USD Point-in-time
Total liabilities and stockholders' equity LiabilitiesAndStockholdersEquity $1.30B USD Point-in-time
Income Statement 199 line items
Line Item Tag Value Unit Period
Net revenue RevenueFromContractWithCustomerExcludingAssessedTax $236.21M USD 1 Quarter
Net revenue RevenueFromContractWithCustomerExcludingAssessedTax $275.68M USD 1 Quarter
Net revenue RevenueFromContractWithCustomerExcludingAssessedTax $177.55M USD 1 Quarter
Net revenue RevenueFromContractWithCustomerExcludingAssessedTax $218.30M USD 1 Quarter
Net revenue RevenueFromContractWithCustomerExcludingAssessedTax $155.45M USD 1 Quarter
Net revenue RevenueFromContractWithCustomerExcludingAssessedTax $512.50M USD 2 Qtrs
Net revenue RevenueFromContractWithCustomerExcludingAssessedTax $873.34M USD Annual
Net revenue RevenueFromContractWithCustomerExcludingAssessedTax $271.42M USD 1 Quarter
Net revenue RevenueFromContractWithCustomerExcludingAssessedTax $845.50M USD Annual
Net revenue RevenueFromContractWithCustomerExcludingAssessedTax $974.13M USD Annual
Net revenue RevenueFromContractWithCustomerExcludingAssessedTax $248.21M USD 1 Quarter
Net revenue RevenueFromContractWithCustomerExcludingAssessedTax $236.82M USD 1 Quarter
Technology and academic services TechnologyAndAcademicServices $10.70M USD 1 Quarter
Technology and academic services TechnologyAndAcademicServices $41.83M USD Annual
Technology and academic services TechnologyAndAcademicServices $10.38M USD 1 Quarter
Technology and academic services TechnologyAndAcademicServices $10.74M USD 1 Quarter
Technology and academic services TechnologyAndAcademicServices $39.10M USD Annual
Technology and academic services TechnologyAndAcademicServices $11.10M USD 1 Quarter
Technology and academic services TechnologyAndAcademicServices $11.10M USD 1 Quarter
Technology and academic services TechnologyAndAcademicServices $10.22M USD 1 Quarter
Technology and academic services TechnologyAndAcademicServices $10.68M USD 1 Quarter
Technology and academic services TechnologyAndAcademicServices $10.49M USD 1 Quarter
Technology and academic services TechnologyAndAcademicServices $43.57M USD Annual
Counseling services and support CounselingServicesAndSupport $51.99M USD 1 Quarter
Counseling services and support CounselingServicesAndSupport $50.84M USD 1 Quarter
Counseling services and support CounselingServicesAndSupport $188.59M USD Annual
Counseling services and support CounselingServicesAndSupport $46.10M USD 1 Quarter
Counseling services and support CounselingServicesAndSupport $45.97M USD 1 Quarter
Counseling services and support CounselingServicesAndSupport $50.21M USD 1 Quarter
Counseling services and support CounselingServicesAndSupport $204.69M USD Annual
Counseling services and support CounselingServicesAndSupport $175.04M USD Annual
Counseling services and support CounselingServicesAndSupport $46.31M USD 1 Quarter
Counseling services and support CounselingServicesAndSupport $51.12M USD 1 Quarter
Counseling services and support CounselingServicesAndSupport $50.75M USD 1 Quarter
Marketing and communication MarketingExpense $117.42M USD Annual
Marketing and communication MarketingExpense $109.09M USD Annual
Marketing and communication MarketingExpense $31.55M USD 1 Quarter
Marketing and communication MarketingExpense $28.53M USD 1 Quarter
Marketing and communication MarketingExpense $27.43M USD 1 Quarter
Marketing and communication MarketingExpense $26.23M USD 1 Quarter
Marketing and communication MarketingExpense $30.09M USD 1 Quarter
Marketing and communication MarketingExpense $27.25M USD 1 Quarter
Marketing and communication MarketingExpense $28.13M USD 1 Quarter
Marketing and communication MarketingExpense $27.31M USD 1 Quarter
Marketing and communication MarketingExpense $98.59M USD Annual
General and administrative GeneralAndAdministrativeExpense $5.81M USD 1 Quarter
General and administrative GeneralAndAdministrativeExpense $6.70M USD 1 Quarter
General and administrative GeneralAndAdministrativeExpense $10.09M USD 1 Quarter
General and administrative GeneralAndAdministrativeExpense $8.34M USD 1 Quarter
General and administrative GeneralAndAdministrativeExpense $27.16M USD Annual
General and administrative GeneralAndAdministrativeExpense $5.76M USD 1 Quarter
General and administrative GeneralAndAdministrativeExpense $7.42M USD 1 Quarter
General and administrative GeneralAndAdministrativeExpense $28.08M USD Annual
General and administrative GeneralAndAdministrativeExpense $5.97M USD 1 Quarter
General and administrative GeneralAndAdministrativeExpense $29.97M USD Annual
General and administrative GeneralAndAdministrativeExpense $7.03M USD 1 Quarter
University related expenses UniversityRelatedExpenses $73.79M USD 1 Quarter
University related expenses UniversityRelatedExpenses $80.54M USD 1 Quarter
University related expenses UniversityRelatedExpenses $86.36M USD 1 Quarter
University related expenses UniversityRelatedExpenses $6.57M USD 1 Quarter
University related expenses UniversityRelatedExpenses $83.45M USD 1 Quarter
University related expenses UniversityRelatedExpenses $79.52M USD 1 Quarter
University related expenses UniversityRelatedExpenses $-405.00K USD 1 Quarter
University related expenses UniversityRelatedExpenses $87.65M USD 1 Quarter
University related expenses UniversityRelatedExpenses $173.33M USD Annual
University related expenses UniversityRelatedExpenses $294.19M USD Annual
University related expenses UniversityRelatedExpenses $324.14M USD Annual
Loss on Transaction LossOnTransaction $550.00K USD 1 Quarter
Loss on Transaction LossOnTransaction $562.00K USD Annual
Loss on Transaction LossOnTransaction $1.44M USD 1 Quarter
Loss on Transaction LossOnTransaction $562.00K USD 1 Quarter
Loss on Transaction LossOnTransaction $18.37M USD Annual
Loss on Transaction LossOnTransaction $770.00K USD 1 Quarter
Loss on Transaction LossOnTransaction $1.14M USD Annual
Loss on Transaction LossOnTransaction $15.61M USD 1 Quarter
Total costs and expenses CostsAndExpenses $180.07M USD 1 Quarter
Total costs and expenses CostsAndExpenses $636.14M USD Annual
Total costs and expenses CostsAndExpenses $97.40M USD 1 Quarter
Total costs and expenses CostsAndExpenses $176.52M USD 1 Quarter
Total costs and expenses CostsAndExpenses $171.58M USD 1 Quarter
Total costs and expenses CostsAndExpenses $178.33M USD 1 Quarter
Total costs and expenses CostsAndExpenses $691.38M USD Annual
Total costs and expenses CostsAndExpenses $185.59M USD 1 Quarter
Total costs and expenses CostsAndExpenses $587.35M USD Annual
Total costs and expenses CostsAndExpenses $126.03M USD 1 Quarter
Total costs and expenses CostsAndExpenses $163.21M USD 1 Quarter
Operating income OperatingIncomeLoss $29.42M USD 1 Quarter
Operating income OperatingIncomeLoss $59.69M USD 1 Quarter
Operating income OperatingIncomeLoss $282.75M USD Annual
Operating income OperatingIncomeLoss $80.15M USD 1 Quarter
Operating income OperatingIncomeLoss $91.35M USD 1 Quarter
Operating income OperatingIncomeLoss $90.09M USD 1 Quarter
Operating income OperatingIncomeLoss $258.15M USD Annual
Operating income OperatingIncomeLoss $237.20M USD Annual
Operating income OperatingIncomeLoss $55.09M USD 1 Quarter
Operating income OperatingIncomeLoss $58.49M USD 1 Quarter
Operating income OperatingIncomeLoss $76.63M USD 1 Quarter
Interest income on Secured Note InterestIncomeOnNoteReceivable $13.25M USD 1 Quarter
Interest income on Secured Note InterestIncomeOnNoteReceivable $13.70M USD 1 Quarter
Interest income on Secured Note InterestIncomeOnNoteReceivable $26.95M USD Annual
Interest expense InterestExpense $567.00K USD 1 Quarter
Interest expense InterestExpense $346.00K USD 1 Quarter
Interest expense InterestExpense $558.00K USD 1 Quarter
Interest expense InterestExpense $495.00K USD 1 Quarter
Interest expense InterestExpense $2.17M USD Annual
Interest expense InterestExpense $580.00K USD 1 Quarter
Interest expense InterestExpense $57.00K USD 1 Quarter
Interest expense InterestExpense $575.00K USD 1 Quarter
Interest expense InterestExpense $527.00K USD 1 Quarter
Interest expense InterestExpense $1.54M USD Annual
Interest expense InterestExpense $1.33M USD Annual
Investment interest and other InvestmentIncomeNonoperating $249.00K USD Annual
Investment interest and other InvestmentIncomeNonoperating $757.00K USD 1 Quarter
Investment interest and other InvestmentIncomeNonoperating $981.00K USD 1 Quarter
Investment interest and other InvestmentIncomeNonoperating $739.00K USD 1 Quarter
Investment interest and other InvestmentIncomeNonoperating $1.45M USD 1 Quarter
Investment interest and other InvestmentIncomeNonoperating $521.00K USD 1 Quarter
Investment interest and other InvestmentIncomeNonoperating $371.00K USD 1 Quarter
Investment interest and other InvestmentIncomeNonoperating $1.57M USD 1 Quarter
Investment interest and other InvestmentIncomeNonoperating $2.00K USD 1 Quarter
Investment interest and other InvestmentIncomeNonoperating $3.44M USD Annual
Investment interest and other InvestmentIncomeNonoperating $2.94M USD Annual
Income before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $283.53M USD Annual
Income before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $236.12M USD Annual
Income before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $91.58M USD 1 Quarter
Income before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $60.00M USD 1 Quarter
Income before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $287.00M USD Annual
Income before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $93.79M USD 1 Quarter
Income before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $55.33M USD 1 Quarter
Income before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $76.05M USD 1 Quarter
Income before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $60.57M USD 1 Quarter
Income before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $90.73M USD 1 Quarter
Income before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $42.48M USD 1 Quarter
Income tax expense IncomeTaxExpenseBenefit $80.21M USD Annual
Income tax expense IncomeTaxExpenseBenefit $8.72M USD 1 Quarter
Income tax expense IncomeTaxExpenseBenefit $13.96M USD 1 Quarter
Income tax expense IncomeTaxExpenseBenefit $57.99M USD Annual
Income tax expense IncomeTaxExpenseBenefit $87.61M USD Annual
Income tax expense IncomeTaxExpenseBenefit $17.05M USD 1 Quarter
Income tax expense IncomeTaxExpenseBenefit $23.32M USD 1 Quarter
Income tax expense IncomeTaxExpenseBenefit $18.26M USD 1 Quarter
Income tax expense IncomeTaxExpenseBenefit $21.27M USD 1 Quarter
Income tax expense IncomeTaxExpenseBenefit $20.14M USD 1 Quarter
Income tax expense IncomeTaxExpenseBenefit $15.48M USD 1 Quarter
Net income NetIncomeLoss $55.91M USD 1 Quarter
Net income NetIncomeLoss $229.01M USD Annual
Net income NetIncomeLoss $68.26M USD 1 Quarter
Net income NetIncomeLoss $39.30M USD 1 Quarter
Net income NetIncomeLoss $148.51M USD Annual
Net income NetIncomeLoss $39.85M USD 1 Quarter
Net income NetIncomeLoss $203.32M USD Annual
Net income NetIncomeLoss $46.04M USD 1 Quarter
Net income NetIncomeLoss $33.76M USD 1 Quarter
Net income NetIncomeLoss $73.68M USD 1 Quarter
Net income NetIncomeLoss $75.53M USD 1 Quarter
Basic income per share EarningsPerShareBasic $0.85 USD 1 Quarter
Basic income per share EarningsPerShareBasic $0.83 USD 1 Quarter
Basic income per share EarningsPerShareBasic $3.22 USD Annual
Basic income per share EarningsPerShareBasic $1.58 USD 1 Quarter
Basic income per share EarningsPerShareBasic $1.44 USD 1 Quarter
Basic income per share EarningsPerShareBasic $4.31 USD Annual
Basic income per share EarningsPerShareBasic $1.55 USD 1 Quarter
Basic income per share EarningsPerShareBasic $0.71 USD 1 Quarter
Basic income per share EarningsPerShareBasic $1.20 USD 1 Quarter
Basic income per share EarningsPerShareBasic $0.97 USD 1 Quarter
Basic income per share EarningsPerShareBasic $4.81 USD Annual
Diluted income per share EarningsPerShareDiluted $3.15 USD Annual
Diluted income per share EarningsPerShareDiluted $0.95 USD 1 Quarter
Diluted income per share EarningsPerShareDiluted $1.52 USD 1 Quarter
Diluted income per share EarningsPerShareDiluted $4.22 USD Annual
Diluted income per share EarningsPerShareDiluted $0.81 USD 1 Quarter
Diluted income per share EarningsPerShareDiluted $1.16 USD 1 Quarter
Diluted income per share EarningsPerShareDiluted $0.83 USD 1 Quarter
Diluted income per share EarningsPerShareDiluted $4.73 USD Annual
Diluted income per share EarningsPerShareDiluted $0.70 USD 1 Quarter
Diluted income per share EarningsPerShareDiluted $1.41 USD 1 Quarter
Diluted income per share EarningsPerShareDiluted $1.56 USD 1 Quarter
Basic weighted average shares outstanding WeightedAverageNumberOfSharesOutstandingBasic 47.68M shares 1 Quarter
Basic weighted average shares outstanding WeightedAverageNumberOfSharesOutstandingBasic 47.71M shares 1 Quarter
Basic weighted average shares outstanding WeightedAverageNumberOfSharesOutstandingBasic 47.61M shares Annual
Basic weighted average shares outstanding WeightedAverageNumberOfSharesOutstandingBasic 46.08M shares Annual
Basic weighted average shares outstanding WeightedAverageNumberOfSharesOutstandingBasic 47.43M shares 1 Quarter
Basic weighted average shares outstanding WeightedAverageNumberOfSharesOutstandingBasic 47.34M shares 1 Quarter
Basic weighted average shares outstanding WeightedAverageNumberOfSharesOutstandingBasic 47.15M shares 1 Quarter
Basic weighted average shares outstanding WeightedAverageNumberOfSharesOutstandingBasic 47.14M shares Annual
Basic weighted average shares outstanding WeightedAverageNumberOfSharesOutstandingBasic 46.75M shares 1 Quarter
Basic weighted average shares outstanding WeightedAverageNumberOfSharesOutstandingBasic 47.32M shares 1 Quarter
Basic weighted average shares outstanding WeightedAverageNumberOfSharesOutstandingBasic 47.60M shares 1 Quarter
Diluted weighted average shares outstanding WeightedAverageNumberOfDilutedSharesOutstanding 48.23M shares Annual
Diluted weighted average shares outstanding WeightedAverageNumberOfDilutedSharesOutstanding 48.41M shares Annual
Diluted weighted average shares outstanding WeightedAverageNumberOfDilutedSharesOutstanding 48.29M shares 1 Quarter
Diluted weighted average shares outstanding WeightedAverageNumberOfDilutedSharesOutstanding 48.40M shares 1 Quarter
Diluted weighted average shares outstanding WeightedAverageNumberOfDilutedSharesOutstanding 47.12M shares Annual
Diluted weighted average shares outstanding WeightedAverageNumberOfDilutedSharesOutstanding 48.42M shares 1 Quarter
Diluted weighted average shares outstanding WeightedAverageNumberOfDilutedSharesOutstanding 48.07M shares 1 Quarter
Diluted weighted average shares outstanding WeightedAverageNumberOfDilutedSharesOutstanding 48.42M shares 1 Quarter
Diluted weighted average shares outstanding WeightedAverageNumberOfDilutedSharesOutstanding 48.19M shares 1 Quarter
Diluted weighted average shares outstanding WeightedAverageNumberOfDilutedSharesOutstanding 48.38M shares 1 Quarter
Diluted weighted average shares outstanding WeightedAverageNumberOfDilutedSharesOutstanding 48.41M shares 1 Quarter
Cash Flow Statement 108 line items
Line Item Tag Value Unit Period
Net income ProfitLoss $203.32M USD Annual
Net income ProfitLoss $229.01M USD Annual
Net income ProfitLoss $148.51M USD Annual
Share-based compensation AllocatedShareBasedCompensationExpense $12.28M USD Annual
Share-based compensation AllocatedShareBasedCompensationExpense $12.69M USD Annual
Share-based compensation AllocatedShareBasedCompensationExpense $19.51M USD Annual
Provision for bad debts ProvisionForDoubtfulAccounts $18.64M USD Annual
Provision for bad debts ProvisionForDoubtfulAccounts $18.48M USD Annual
Provision for bad debts ProvisionForDoubtfulAccounts $8.67M USD Annual
Depreciation and amortization DepreciationAndAmortization $45.68M USD Annual
Depreciation and amortization DepreciationAndAmortization $35.67M USD Annual
Depreciation and amortization DepreciationAndAmortization $54.23M USD Annual
Deferred income taxes DeferredIncomeTaxesAndTaxCredits $-5.16M USD Annual
Deferred income taxes DeferredIncomeTaxesAndTaxCredits $8.43M USD Annual
Deferred income taxes DeferredIncomeTaxesAndTaxCredits $-11.51M USD Annual
Loss on transaction, net of costs and asset impairment GainLossOnTransactionNetOfCostsAndAssetImpairment $-12.61M USD Annual
Other, including fixed asset impairments OtherNoncashIncomeExpense $-2.10M USD Annual
Other, including fixed asset impairments OtherNoncashIncomeExpense $-3.88M USD Annual
Other, including fixed asset impairments OtherNoncashIncomeExpense $-1.16M USD Annual
Accounts receivable from GCU IncreaseDecreaseInAccountsReceivable $51.48M USD Annual
Accounts receivable AccountsReceivableRelatedToUniversityOperations $19.85M USD Annual
Accounts receivable AccountsReceivableRelatedToUniversityOperations $7.78M USD Annual
Accounts receivable AccountsReceivableRelatedToUniversityOperations $20.60M USD Annual
Prepaid expenses and other IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets $2.40M USD Annual
Prepaid expenses and other IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets $1.72M USD Annual
Prepaid expenses and other IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets $-1.55M USD Annual
Accounts payable IncreaseDecreaseInAccountsPayableTrade $5.38M USD Annual
Accounts payable IncreaseDecreaseInAccountsPayableTrade $-14.31M USD Annual
Accounts payable IncreaseDecreaseInAccountsPayableTrade $-4.79M USD Annual
Accrued liabilities IncreaseDecreaseInAccruedLiabilities $3.08M USD Annual
Accrued liabilities IncreaseDecreaseInAccruedLiabilities $-15.70M USD Annual
Accrued liabilities IncreaseDecreaseInAccruedLiabilities $6.74M USD Annual
Income taxes receivable/payable IncreaseDecreaseInAccruedIncomeTaxesPayable $11.89M USD Annual
Income taxes receivable/payable IncreaseDecreaseInAccruedIncomeTaxesPayable $16.05M USD Annual
Income taxes receivable/payable IncreaseDecreaseInAccruedIncomeTaxesPayable $-8.66M USD Annual
Deferred rent IncreaseDecreaseInDeferredRent $-475.00K USD Annual
Deferred rent IncreaseDecreaseInDeferredRent $-189.00K USD Annual
Deferred rent IncreaseDecreaseInDeferredRent $-369.00K USD Annual
Deferred revenue IncreaseDecreaseInDeferredRevenue $2.86M USD Annual
Deferred revenue IncreaseDecreaseInDeferredRevenue $6.88M USD Annual
Deferred revenue IncreaseDecreaseInDeferredRevenue $6.16M USD Annual
Student deposits IncreaseDecreaseInContractWithCustomerLiability $9.14M USD Annual
Student deposits IncreaseDecreaseInContractWithCustomerLiability $9.42M USD Annual
Student deposits IncreaseDecreaseInContractWithCustomerLiability $-7.29M USD Annual
Net cash provided by operating activities NetCashProvidedByUsedInOperatingActivities $304.90M USD Annual
Net cash provided by operating activities NetCashProvidedByUsedInOperatingActivities $199.09M USD Annual
Net cash provided by operating activities NetCashProvidedByUsedInOperatingActivities $237.76M USD Annual
Capital expenditures PaymentsToAcquireProductiveAssets $113.59M USD Annual
Capital expenditures PaymentsToAcquireProductiveAssets $94.53M USD Annual
Capital expenditures PaymentsToAcquireProductiveAssets $178.29M USD Annual
Purchases of land and building improvements related to off-site development PurchaseOfLandRelatedToOffsiteDevelopment $10.37M USD Annual
Purchases of land and building improvements related to off-site development PurchaseOfLandRelatedToOffsiteDevelopment $330.00K USD Annual
Purchases of land and building improvements related to off-site development PurchaseOfLandRelatedToOffsiteDevelopment $60.73M USD Annual
Disposition PaymentsForProceedsFromProductiveAssets $131.55M USD Annual
Funding to GCU at closing in excess of required capital PaymentsOfFundingAtClosingInExcessOfRequiredCapital $7.38M USD Annual
Repayment of excess funds by GCU ProceedsFromRepaymentOfExcessFunds $7.38M USD Annual
Funding to GCU for capital expenditures LoansForFundingOfCapitalExpenditure $30.00M USD Annual
Proceeds received from note receivable ProceedsFromSaleOfNotesReceivable $501.00K USD Annual
Return of equity method investment ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital $1.75M USD Annual
Return of equity method investment ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital $685.00K USD Annual
Purchases of investments PaymentsToAcquireAvailableForSaleSecurities $49.16M USD Annual
Purchases of investments PaymentsToAcquireAvailableForSaleSecurities $46.95M USD Annual
Purchases of investments PaymentsToAcquireAvailableForSaleSecurities $94.05M USD Annual
Proceeds from sale or maturity of investments ProceedsFromSaleAndMaturityOfAvailableForSaleSecurities $65.12M USD Annual
Proceeds from sale or maturity of investments ProceedsFromSaleAndMaturityOfAvailableForSaleSecurities $65.26M USD Annual
Proceeds from sale or maturity of investments ProceedsFromSaleAndMaturityOfAvailableForSaleSecurities $69.92M USD Annual
Net cash used in investing activities NetCashProvidedByUsedInInvestingActivities $-238.24M USD Annual
Net cash used in investing activities NetCashProvidedByUsedInInvestingActivities $-152.06M USD Annual
Net cash used in investing activities NetCashProvidedByUsedInInvestingActivities $-216.00M USD Annual
Principal payments on notes payable and capital lease obligations RepaymentsOfDebtAndCapitalLeaseObligations $6.80M USD Annual
Principal payments on notes payable and capital lease obligations RepaymentsOfDebtAndCapitalLeaseObligations $6.72M USD Annual
Principal payments on notes payable and capital lease obligations RepaymentsOfDebtAndCapitalLeaseObligations $7.22M USD Annual
Debt issuance costs PaymentsOfDebtIssuanceCosts $194.00K USD Annual
Net borrowings from revolving line of credit ProceedsFromRepaymentsOfLinesOfCredit $25.00M USD Annual
Net borrowings from revolving line of credit ProceedsFromRepaymentsOfLinesOfCredit $-25.00M USD Annual
Repurchase of common shares including shares withheld in lieu of income taxes PaymentsForRepurchaseOfCommonStock $20.06M USD Annual
Repurchase of common shares including shares withheld in lieu of income taxes PaymentsForRepurchaseOfCommonStock $11.30M USD Annual
Repurchase of common shares including shares withheld in lieu of income taxes PaymentsForRepurchaseOfCommonStock $24.76M USD Annual
Net proceeds from exercise of stock options ProceedsFromStockOptionsExercised $4.63M USD Annual
Net proceeds from exercise of stock options ProceedsFromStockOptionsExercised $7.37M USD Annual
Net proceeds from exercise of stock options ProceedsFromStockOptionsExercised $13.21M USD Annual
Net cash (used in) provided by financing activities NetCashProvidedByUsedInFinancingActivities $-26.84M USD Annual
Net cash (used in) provided by financing activities NetCashProvidedByUsedInFinancingActivities $10.73M USD Annual
Net cash (used in) provided by financing activities NetCashProvidedByUsedInFinancingActivities $-35.73M USD Annual
Net (decrease) increase in cash and cash equivalents and restricted cash CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect $32.49M USD Annual
Net (decrease) increase in cash and cash equivalents and restricted cash CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect $-66.00M USD Annual
Net (decrease) increase in cash and cash equivalents and restricted cash CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect $117.10M USD Annual
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 $130.91M USD Point-in-time
Cash and cash equivalents and restricted cash, beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $98.42M USD Point-in-time
Cash and cash equivalents and restricted cash, beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $182.01M 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 $130.91M USD Point-in-time
Cash and cash equivalents and restricted cash, end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $98.42M USD Point-in-time
Cash and cash equivalents and restricted cash, end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $182.01M USD Point-in-time
Cash paid for interest InterestPaidNet $1.51M USD Annual
Cash paid for interest InterestPaidNet $1.22M USD Annual
Cash paid for interest InterestPaidNet $2.25M USD Annual
Cash paid for income taxes IncomeTaxesPaid $69.61M USD Annual
Cash paid for income taxes IncomeTaxesPaid $66.21M USD Annual
Cash paid for income taxes IncomeTaxesPaid $78.19M USD Annual
Sale transaction to GCU through Secured Note financing SaleTransactionToAffiliatesThroughSecuredNoteFinancing $870.10M USD Annual
Purchases of property and equipment included in accounts payable PurchasesOfPropertyAndEquipmentIncludedInAccountsPayable $1.12M USD Annual
Purchases of property and equipment included in accounts payable PurchasesOfPropertyAndEquipmentIncludedInAccountsPayable $6.68M USD Annual
Purchases of property and equipment included in accounts payable PurchasesOfPropertyAndEquipmentIncludedInAccountsPayable $7.75M USD Annual
Reclassification of capitalized costs - adoption of ASC 606 ReclassificationOfCapitalizedCostsDueToAdoptionOfASC606 $9.02M USD Annual
Reclassification of deferred revenue - adoption of ASC 606 ReclassificationOfDeferredRevenueDueToAdoptionOfASC606 $7.45M USD Annual
Reclassification of tax effect within accumulated other comprehensive income ReclassificationOfTaxEffectWithinAccumulatedOtherComprehensiveIncome $156.00K USD Annual
Stockholders Equity 23 line items
Line Item Tag Value Unit Period
Beginning Balance StockholdersEquity $985.95M USD Point-in-time
Beginning Balance StockholdersEquity $610.25M USD Point-in-time
Beginning Balance StockholdersEquity $773.69M USD Point-in-time
Beginning Balance StockholdersEquity $1.21B 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 $203.50M USD Annual
Comprehensive income ComprehensiveIncomeNetOfTax $148.09M USD Annual
Comprehensive income ComprehensiveIncomeNetOfTax $229.44M USD Annual
Common stock purchased for treasury TreasuryStockValueAcquiredCostMethod $1.51M USD Annual
Common stock purchased for treasury TreasuryStockValueAcquiredCostMethod $9.61M USD Annual
Common stock purchased for treasury TreasuryStockValueAcquiredCostMethod $15.37M USD Annual
Common stock acquired, shares TreasuryStockSharesAcquired 91,000.00 shares Annual
Share-based compensation StockIssuedDuringPeriodValueShareBasedCompensation $4.36M USD Annual
Share-based compensation StockIssuedDuringPeriodValueShareBasedCompensation $2.90M USD Annual
Share-based compensation StockIssuedDuringPeriodValueShareBasedCompensation $7.58M USD Annual
Exercise of stock options StockIssuedDuringPeriodValueStockOptionsExercised $7.37M USD Annual
Exercise of stock options StockIssuedDuringPeriodValueStockOptionsExercised $4.63M USD Annual
Exercise of stock options StockIssuedDuringPeriodValueStockOptionsExercised $13.21M USD Annual
Excess tax benefits AdjustmentsToAdditionalPaidInCapitalTaxEffectFromShareBasedCompensation $9.92M USD Annual
Ending Balance StockholdersEquity $985.95M USD Point-in-time
Ending Balance StockholdersEquity $610.25M USD Point-in-time
Ending Balance StockholdersEquity $773.69M USD Point-in-time
Ending Balance StockholdersEquity $1.21B USD Point-in-time
Comprehensive Income 26 line items
Line Item Tag Value Unit Period
Net income NetIncomeLoss $55.91M USD 1 Quarter
Net income NetIncomeLoss $229.01M USD Annual
Unrealized gains (losses) on hedging derivatives, taxes OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodTax $39.00K USD Annual
Unrealized gains (losses) on hedging derivatives, taxes OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodTax $6.00K USD Annual
Net income NetIncomeLoss $68.26M USD 1 Quarter
Unrealized gains (losses) on hedging derivatives, taxes OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodTax $94.00K USD Annual
Net income NetIncomeLoss $39.30M USD 1 Quarter
Net income NetIncomeLoss $148.51M USD Annual
Net income NetIncomeLoss $39.85M USD 1 Quarter
Net income NetIncomeLoss $203.32M USD Annual
Net income NetIncomeLoss $46.04M USD 1 Quarter
Net income NetIncomeLoss $33.76M USD 1 Quarter
Net income NetIncomeLoss $73.68M USD 1 Quarter
Net income NetIncomeLoss $75.53M USD 1 Quarter
Unrealized gains (losses) on available for sale securities, taxes OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax $108.00K USD Annual
Unrealized gains (losses) on available for sale securities, taxes OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax $103.00K USD Annual
Unrealized gains (losses) on available for sale securities, taxes OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax $168.00K USD Annual
Unrealized gains (losses) on hedging derivatives, net of taxes of $39, $6, and $94 for the years ended December 31, 2018, 2017 and 2016, respectively OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax $118.00K USD Annual
Unrealized gains (losses) on hedging derivatives, net of taxes of $39, $6, and $94 for the years ended December 31, 2018, 2017 and 2016, respectively OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax $11.00K USD Annual
Unrealized gains (losses) on hedging derivatives, net of taxes of $39, $6, and $94 for the years ended December 31, 2018, 2017 and 2016, respectively OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax $-151.00K USD Annual
Unrealized gains (losses) on available for sale securities, net of taxes of $103, $108 and $168 for the years ended December 31, 2018, 2017 and 2016, respectively OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax $-270.00K USD Annual
Unrealized gains (losses) on available for sale securities, net of taxes of $103, $108 and $168 for the years ended December 31, 2018, 2017 and 2016, respectively OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax $175.00K USD Annual
Unrealized gains (losses) on available for sale securities, net of taxes of $103, $108 and $168 for the years ended December 31, 2018, 2017 and 2016, respectively OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax $309.00K USD Annual
Comprehensive income ComprehensiveIncomeNetOfTax $203.50M USD Annual
Comprehensive income ComprehensiveIncomeNetOfTax $148.09M USD Annual
Comprehensive income ComprehensiveIncomeNetOfTax $229.44M USD Annual

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

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