10-Q Filing

GRAND CANYON EDUCATION, INC. CIK: 1434588 Q2 2019

Filing Information

Form Type	10-Q
Accession Number	`0001558370-19-007238`
Period End Date	20190630
Filing Date	20190806
Fiscal Year	2019
Fiscal Period	Q2
XBRL Instance	lope-20190630x10q_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 87 Income Statement 75 Cash Flow Statement 75 Stockholders Equity 19 Comprehensive Income 20

Balance Sheet 87 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`	$65.80M	USD	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
Restricted cash and cash equivalents	`RestrictedCashAndCashEquivalentsAtCarryingValue`	$300.00K	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`	$61.67M	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, par value	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Investments	`Investments`	$14.21M	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`	$46.83M	USD	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$13.66M	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	52.69M	shares	Point-in-time
Interest receivable on Secured Note	`InterestReceivable`	$4.65M	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	53.03M	shares	Point-in-time
Income tax receivable	`IncomeTaxesReceivable`	$8.00K	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	48.35M	shares	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	48.20M	shares	Point-in-time
Income tax receivable	`IncomeTaxesReceivable`	$3.42M	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$6.96M	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$11.33M	USD	Point-in-time
Treasury stock, shares	`TreasuryStockShares`	4.49M	shares	Point-in-time
Treasury stock, shares	`TreasuryStockShares`	4.68M	shares	Point-in-time
Total current assets	`AssetsCurrent`	$309.47M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$108.72M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$111.04M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$116.77M	USD	Point-in-time
Right-of-use assets	`OperatingLeaseRightOfUseAsset`	$498.00K	USD	Point-in-time
Right-of-use assets	`OperatingLeaseRightOfUseAsset`	$12.89M	USD	Point-in-time
Secured Note receivable	`NotesAndLoansReceivableNetNoncurrent`	$1.07B	USD	Point-in-time
Secured Note receivable	`NotesAndLoansReceivableNetNoncurrent`	$900.09M	USD	Point-in-time
Amortizable intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$206.41M	USD	Point-in-time
Goodwill	`Goodwill`	$160.87M	USD	Point-in-time
Goodwill	`Goodwill`	$2.94M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$1.94M	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`	$1.68B	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$14.27M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$18.27M	USD	Point-in-time
Accrued compensation and benefits	`EmployeeRelatedLiabilitiesCurrent`	$15.43M	USD	Point-in-time
Accrued compensation and benefits	`EmployeeRelatedLiabilitiesCurrent`	$17.32M	USD	Point-in-time
Accrued liabilities	`AccruedLiabilitiesCurrent`	$8.91M	USD	Point-in-time
Accrued liabilities	`AccruedLiabilitiesCurrent`	$16.93M	USD	Point-in-time
Income taxes payable	`AccruedIncomeTaxesCurrent`	$45.00K	USD	Point-in-time
Income taxes payable	`AccruedIncomeTaxesCurrent`	$5.44M	USD	Point-in-time
Deferred revenue	`ContractWithCustomerLiabilityCurrent`	$10.04M	USD	Point-in-time
Current portion of lease liability	`OperatingLeaseLiabilityCurrent`	$2.23M	USD	Point-in-time
Current portion of notes payable	`NotesPayableCurrent`	$48.42M	USD	Point-in-time
Current portion of notes payable	`NotesPayableCurrent`	$36.47M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$80.52M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$113.27M	USD	Point-in-time
Deferred income taxes, noncurrent	`DeferredIncomeTaxLiabilitiesNet`	$17.75M	USD	Point-in-time
Deferred income taxes, noncurrent	`DeferredIncomeTaxLiabilitiesNet`	$6.46M	USD	Point-in-time
Lease liability, less current portion	`OperatingLeaseLiabilityNoncurrent`	$10.81M	USD	Point-in-time
Notes payable, less current portion	`LongTermNotesPayable`	$207.89M	USD	Point-in-time
Notes payable, less current portion	`LongTermNotesPayable`	$23.44M	USD	Point-in-time
Total liabilities	`Liabilities`	$349.71M	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 June 30, 2019 and December 31, 2018	`PreferredStockValue`	-	USD	Point-in-time
Preferred stock, $0.01 par value, 10,000 shares authorized; 0 shares issued and outstanding at June 30, 2019 and December 31, 2018	`PreferredStockValue`	-	USD	Point-in-time
Common stock, $0.01 par value, 100,000 shares authorized; 53,033 and 52,690 shares issued and 48,351 and 48,201 shares outstanding at June 30, 2019 and December 31, 2018, respectively	`CommonStockValue`	$527.00K	USD	Point-in-time
Common stock, $0.01 par value, 100,000 shares authorized; 53,033 and 52,690 shares issued and 48,351 and 48,201 shares outstanding at June 30, 2019 and December 31, 2018, respectively	`CommonStockValue`	$530.00K	USD	Point-in-time
Treasury stock, at cost, 4,682 and 4,489 shares of common stock at June 30, 2019 and December 31, 2018, respectively	`TreasuryStockValue`	$125.45M	USD	Point-in-time
Treasury stock, at cost, 4,682 and 4,489 shares of common stock at June 30, 2019 and December 31, 2018, respectively	`TreasuryStockValue`	$143.92M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$265.40M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$256.81M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-724.00K	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-453.00K	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$1.08B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$1.21B	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$1.21B	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$985.95M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$1.33B	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$1.10B	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$1.68B	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$1.32B	USD	Point-in-time

Income Statement 75 line items

Line Item	Tag	Value	Unit	Period
Net revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$512.50M	USD	2 Qtrs
Net revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$174.82M	USD	1 Quarter
Net revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$512.50M	USD	1 Quarter
Net revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$372.11M	USD	2 Qtrs
Net revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$236.82M	USD	1 Quarter
Technology and academic services	`TechnologyAndAcademicServices`	$22.53M	USD	1 Quarter
Technology and academic services	`TechnologyAndAcademicServices`	$41.15M	USD	2 Qtrs
Technology and academic services	`TechnologyAndAcademicServices`	$10.68M	USD	1 Quarter
Technology and academic services	`TechnologyAndAcademicServices`	$21.38M	USD	2 Qtrs
Counseling services and support	`CounselingServicesAndSupport`	$50.84M	USD	1 Quarter
Counseling services and support	`CounselingServicesAndSupport`	$107.39M	USD	2 Qtrs
Counseling services and support	`CounselingServicesAndSupport`	$101.58M	USD	2 Qtrs
Counseling services and support	`CounselingServicesAndSupport`	$54.30M	USD	1 Quarter
Marketing and communication	`MarketingExpense`	$35.73M	USD	1 Quarter
Marketing and communication	`MarketingExpense`	$30.09M	USD	1 Quarter
Marketing and communication	`MarketingExpense`	$58.62M	USD	2 Qtrs
Marketing and communication	`MarketingExpense`	$71.69M	USD	2 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$20.61M	USD	2 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$9.22M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$5.76M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$13.18M	USD	2 Qtrs
Amortization of intangible assets	`AmortizationOfIntangibleAssets`	$2.18M	USD	1 Quarter
Amortization of intangible assets	`AmortizationOfIntangibleAssets`	$3.87M	USD	2 Qtrs
University related expenses	`UniversityRelatedExpenses`	$167.17M	USD	2 Qtrs
University related expenses	`UniversityRelatedExpenses`	$79.52M	USD	1 Quarter
Loss on Transaction	`LossOnTransaction`	$3.97M	USD	2 Qtrs
Loss on Transaction	`LossOnTransaction`	$1.44M	USD	1 Quarter
Loss on Transaction	`LossOnTransaction`	$1.99M	USD	2 Qtrs
Loss on Transaction	`LossOnTransaction`	$-122.00K	USD	1 Quarter
Total costs and expenses	`CostsAndExpenses`	$123.83M	USD	1 Quarter
Total costs and expenses	`CostsAndExpenses`	$178.33M	USD	1 Quarter
Total costs and expenses	`CostsAndExpenses`	$363.92M	USD	2 Qtrs
Total costs and expenses	`CostsAndExpenses`	$248.68M	USD	2 Qtrs
Operating income	`OperatingIncomeLoss`	$148.58M	USD	2 Qtrs
Operating income	`OperatingIncomeLoss`	$50.99M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$123.42M	USD	2 Qtrs
Operating income	`OperatingIncomeLoss`	$58.49M	USD	1 Quarter
Interest income on Secured Note	`InterestIncomeOnNoteReceivable`	$14.48M	USD	1 Quarter
Interest income on Secured Note	`InterestIncomeOnNoteReceivable`	$28.22M	USD	2 Qtrs
Interest expense	`InterestExpense`	$5.49M	USD	2 Qtrs
Interest expense	`InterestExpense`	$2.91M	USD	1 Quarter
Interest expense	`InterestExpense`	$403.00K	USD	2 Qtrs
Interest expense	`InterestExpense`	$57.00K	USD	1 Quarter
Investment interest and other	`InvestmentIncomeNonoperating`	$3.79M	USD	2 Qtrs
Investment interest and other	`InvestmentIncomeNonoperating`	$2.67M	USD	1 Quarter
Investment interest and other	`InvestmentIncomeNonoperating`	$1.57M	USD	1 Quarter
Investment interest and other	`InvestmentIncomeNonoperating`	$2.55M	USD	2 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$149.94M	USD	2 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$150.72M	USD	2 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$65.24M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$60.00M	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$14.12M	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$31.01M	USD	2 Qtrs
Income tax expense	`IncomeTaxExpenseBenefit`	$25.58M	USD	2 Qtrs
Income tax expense	`IncomeTaxExpenseBenefit`	$13.96M	USD	1 Quarter
Net income	`NetIncomeLoss`	$46.04M	USD	1 Quarter
Net income	`NetIncomeLoss`	$124.36M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$51.11M	USD	1 Quarter
Net income	`NetIncomeLoss`	$119.72M	USD	2 Qtrs
Basic income per share	`EarningsPerShareBasic`	$1.07	USD	1 Quarter
Basic income per share	`EarningsPerShareBasic`	$0.97	USD	1 Quarter
Basic income per share	`EarningsPerShareBasic`	$2.60	USD	2 Qtrs
Basic income per share	`EarningsPerShareBasic`	$2.52	USD	2 Qtrs
Diluted income per share	`EarningsPerShareDiluted`	$1.06	USD	1 Quarter
Diluted income per share	`EarningsPerShareDiluted`	$2.57	USD	2 Qtrs
Diluted income per share	`EarningsPerShareDiluted`	$0.95	USD	1 Quarter
Diluted income per share	`EarningsPerShareDiluted`	$2.47	USD	2 Qtrs
Basic weighted average shares outstanding	`WeightedAverageNumberOfSharesOutstandingBasic`	47.60M	shares	1 Quarter
Basic weighted average shares outstanding	`WeightedAverageNumberOfSharesOutstandingBasic`	47.54M	shares	2 Qtrs
Basic weighted average shares outstanding	`WeightedAverageNumberOfSharesOutstandingBasic`	47.85M	shares	1 Quarter
Basic weighted average shares outstanding	`WeightedAverageNumberOfSharesOutstandingBasic`	47.79M	shares	2 Qtrs
Diluted weighted average shares outstanding	`WeightedAverageNumberOfDilutedSharesOutstanding`	48.42M	shares	2 Qtrs
Diluted weighted average shares outstanding	`WeightedAverageNumberOfDilutedSharesOutstanding`	48.41M	shares	1 Quarter
Diluted weighted average shares outstanding	`WeightedAverageNumberOfDilutedSharesOutstanding`	48.31M	shares	1 Quarter
Diluted weighted average shares outstanding	`WeightedAverageNumberOfDilutedSharesOutstanding`	48.31M	shares	2 Qtrs

Cash Flow Statement 75 line items

Line Item	Tag	Value	Unit	Period
Net income	`ProfitLoss`	$124.36M	USD	2 Qtrs
Net income	`ProfitLoss`	$119.72M	USD	2 Qtrs
Share-based compensation	`AllocatedShareBasedCompensationExpense`	$5.18M	USD	2 Qtrs
Share-based compensation	`AllocatedShareBasedCompensationExpense`	$6.73M	USD	2 Qtrs
Provision for bad debts	`ProvisionForDoubtfulAccounts`	$8.67M	USD	2 Qtrs
Depreciation and amortization	`DepreciationAndAmortizationExcludingIntangibleAssets`	$27.97M	USD	2 Qtrs
Depreciation and amortization	`DepreciationAndAmortizationExcludingIntangibleAssets`	$9.06M	USD	2 Qtrs
Amortization of intangible assets	`AmortizationOfIntangibleAssets`	$2.18M	USD	1 Quarter
Amortization of intangible assets	`AmortizationOfIntangibleAssets`	$3.87M	USD	2 Qtrs
Deferred income taxes	`DeferredIncomeTaxesAndTaxCredits`	$1.25M	USD	2 Qtrs
Deferred income taxes	`DeferredIncomeTaxesAndTaxCredits`	$1.37M	USD	2 Qtrs
Loss on transaction, net of costs and asset impairment	`GainLossOnTransactionNetOfCostsAndAssetImpairment`	$-1.99M	USD	2 Qtrs
Loss on transaction, net of costs and asset impairment	`GainLossOnTransactionNetOfCostsAndAssetImpairment`	$-3.97M	USD	2 Qtrs
Other, including fixed asset impairments	`OtherNoncashIncomeExpense`	$-1.02M	USD	2 Qtrs
Other, including fixed asset impairments	`OtherNoncashIncomeExpense`	$285.00K	USD	2 Qtrs
Accounts receivable and interest receivable from university partners	`IncreaseDecreaseInAccountsReceivable`	$-41.06M	USD	2 Qtrs
Accounts receivable	`AccountsReceivableRelatedToUniversityOperations`	$7.78M	USD	2 Qtrs
Prepaid expenses and other	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$2.22M	USD	2 Qtrs
Prepaid expenses and other	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$78.00K	USD	2 Qtrs
Right-of-use assets and lease liabilities	`IncreaseDecreaseInOperatingLeaseLiabilitiesRecognizedInExchangeForRightOfUseAssets`	$147.00K	USD	2 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayableTrade`	$-102.00K	USD	2 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayableTrade`	$-1.37M	USD	2 Qtrs
Accrued liabilities	`IncreaseDecreaseInAccruedLiabilities`	$512.00K	USD	2 Qtrs
Accrued liabilities	`IncreaseDecreaseInAccruedLiabilities`	$1.75M	USD	2 Qtrs
Income taxes receivable/payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$-14.37M	USD	2 Qtrs
Income taxes receivable/payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$-8.81M	USD	2 Qtrs
Deferred rent	`IncreaseDecreaseInDeferredRent`	$-189.00K	USD	2 Qtrs
Deferred revenue	`IncreaseDecreaseInContractWithCustomerLiabilityExcludingStudentDeposits`	$6.88M	USD	2 Qtrs
Deferred revenue	`IncreaseDecreaseInContractWithCustomerLiabilityExcludingStudentDeposits`	$10.00M	USD	2 Qtrs
Student deposits	`IncreaseDecreaseInContractWithCustomerLiabilityStudentDeposits`	$-7.29M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$143.66M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$189.34M	USD	2 Qtrs
Capital expenditures	`PaymentsToAcquireProductiveAssets`	$9.66M	USD	2 Qtrs
Capital expenditures	`PaymentsToAcquireProductiveAssets`	$79.17M	USD	2 Qtrs
Amortization of intangible assets	`PaymentsToDevelopEducationResources`	$228.00K	USD	2 Qtrs
Acquisition, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$361.18M	USD	2 Qtrs
Funding to GCU for capital expenditures	`LoansForFundingOfCapitalExpenditure`	$169.82M	USD	2 Qtrs
Purchases of investments	`PaymentsToAcquireMarketableSecurities`	$21.27M	USD	2 Qtrs
Purchases of investments	`PaymentsToAcquireMarketableSecurities`	$1.77M	USD	2 Qtrs
Proceeds from sale or maturity of investments	`ProceedsFromSaleAndMaturityOfMarketableSecurities`	$56.90M	USD	2 Qtrs
Proceeds from sale or maturity of investments	`ProceedsFromSaleAndMaturityOfMarketableSecurities`	$33.00M	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-67.44M	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-485.76M	USD	2 Qtrs
Principal payments on notes payable	`RepaymentsOfDebtAndCapitalLeaseObligations`	$72.04M	USD	2 Qtrs
Principal payments on notes payable	`RepaymentsOfDebtAndCapitalLeaseObligations`	$3.43M	USD	2 Qtrs
Debt issuance costs	`PaymentsOfDebtIssuanceCosts`	$2.38M	USD	2 Qtrs
Proceeds from notes payable	`ProceedsFromNotesPayable`	$243.75M	USD	2 Qtrs
Net borrowings from revolving line of credit	`ProceedsFromRepaymentsOfLinesOfCredit`	$26.25M	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`	$18.47M	USD	2 Qtrs
Net proceeds from exercise of stock options	`ProceedsFromStockOptionsExercised`	$3.41M	USD	2 Qtrs
Net proceeds from exercise of stock options	`ProceedsFromStockOptionsExercised`	$1.77M	USD	2 Qtrs
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$180.51M	USD	2 Qtrs
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-14.73M	USD	2 Qtrs
Reclassification of restricted cash to assets held for sale	`ReclassificationOfRestrictedCashToAssetsHeldForSale`	$87.88M	USD	2 Qtrs
Net decrease in cash and cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-115.91M	USD	2 Qtrs
Net decrease in cash and cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-26.38M	USD	2 Qtrs
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`	$182.01M	USD	Point-in-time
Cash and cash equivalents and restricted cash, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$66.10M	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, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$221.63M	USD	Point-in-time
Cash and cash equivalents and restricted cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$182.01M	USD	Point-in-time
Cash and cash equivalents and restricted cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$66.10M	USD	Point-in-time
Cash and cash equivalents and restricted cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$248.01M	USD	Point-in-time
Cash paid for interest	`InterestPaidNet`	$379.00K	USD	2 Qtrs
Cash paid for interest	`InterestPaidNet`	$4.84M	USD	2 Qtrs
Cash paid for income taxes	`IncomeTaxesPaid`	$35.11M	USD	2 Qtrs
Cash paid for income taxes	`IncomeTaxesPaid`	$44.23M	USD	2 Qtrs
Purchases of property and equipment included in accounts payable	`CapitalExpendituresIncurredButNotYetPaid`	$14.36M	USD	2 Qtrs
Purchases of property and equipment included in accounts payable	`CapitalExpendituresIncurredButNotYetPaid`	$914.00K	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
Lease adoption - gross up of right of use assets and lease liabilities	`RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability`	$498.00K	USD	2 Qtrs
Reclassification of tax effect within accumulated other comprehensive income	`ReclassificationOfTaxEffectWithinAccumulatedOtherComprehensiveIncome`	$156.00K	USD	2 Qtrs

Stockholders Equity 19 line items

Line Item	Tag	Value	Unit	Period
Beginning Balance	`StockholdersEquity`	$1.21B	USD	Point-in-time
Beginning Balance	`StockholdersEquity`	$985.95M	USD	Point-in-time
Beginning Balance	`StockholdersEquity`	$1.33B	USD	Point-in-time
Beginning Balance	`StockholdersEquity`	$1.10B	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`	$46.20M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$124.08M	USD	2 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$120.08M	USD	2 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$50.95M	USD	1 Quarter
Common stock purchased for treasury	`TreasuryStockValueAcquiredCostMethod`	$1.54M	USD	2 Qtrs
Common stock purchased for treasury	`TreasuryStockValueAcquiredCostMethod`	$10.34M	USD	2 Qtrs
Share-based compensation	`StockIssuedDuringPeriodValueShareBasedCompensation`	$-2.94M	USD	2 Qtrs
Share-based compensation	`StockIssuedDuringPeriodValueShareBasedCompensation`	$-4.79M	USD	2 Qtrs
Exercise of stock options	`StockIssuedDuringPeriodValueStockOptionsExercised`	$3.41M	USD	2 Qtrs
Exercise of stock options	`StockIssuedDuringPeriodValueStockOptionsExercised`	$1.77M	USD	2 Qtrs
Ending Balance	`StockholdersEquity`	$1.21B	USD	Point-in-time
Ending Balance	`StockholdersEquity`	$985.95M	USD	Point-in-time
Ending Balance	`StockholdersEquity`	$1.33B	USD	Point-in-time
Ending Balance	`StockholdersEquity`	$1.10B	USD	Point-in-time

Comprehensive Income 20 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$46.04M	USD	1 Quarter
Unrealized gains (losses) on available for sale securities, taxes	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax`	$38.00K	USD	2 Qtrs
Net income	`NetIncomeLoss`	$124.36M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$51.11M	USD	1 Quarter
Unrealized gains (losses) on available for sale securities, taxes	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax`	$30.00K	USD	1 Quarter
Net income	`NetIncomeLoss`	$119.72M	USD	2 Qtrs
Unrealized gains (losses) on hedging derivatives, taxes	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationTax`	$35.00K	USD	1 Quarter
Unrealized gains (losses) on hedging derivatives, taxes	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationTax`	$70.00K	USD	2 Qtrs
Unrealized gains (losses) on hedging derivatives, taxes	`OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodTax`	$26.00K	USD	1 Quarter
Unrealized gains on available-for-sale securities, net of taxes of $30 for the three months ended June 30, 2018, and $38 for the six months ended June 30, 2018	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$113.00K	USD	2 Qtrs
Unrealized gains (losses) on hedging derivatives, taxes	`OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodTax`	$83.00K	USD	2 Qtrs
Unrealized gains on available-for-sale securities, net of taxes of $30 for the three months ended June 30, 2018, and $38 for the six months ended June 30, 2018	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$89.00K	USD	1 Quarter
Unrealized gains (losses) on hedging derivatives, net of taxes of $35 and $70 for the three and six months ended June 30, 2019	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax`	$-164.00K	USD	1 Quarter
Unrealized gains (losses) on hedging derivatives, net of taxes of $35 and $70 for the three and six months ended June 30, 2019	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax`	$-271.00K	USD	2 Qtrs
Unrealized gains (losses) on hedging derivatives, net of taxes of $26 and $83 for the three and six months ended June 30, 2018	`OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax`	$252.00K	USD	2 Qtrs
Unrealized gains (losses) on hedging derivatives, net of taxes of $26 and $83 for the three and six months ended June 30, 2018	`OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax`	$78.00K	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$46.20M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$124.08M	USD	2 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$120.08M	USD	2 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$50.95M	USD	1 Quarter

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