10-Q Filing

GRAND CANYON EDUCATION, INC. CIK: 1434588 Q2 2020

Filing Information

Form Type	10-Q
Accession Number	`0001558370-20-009170`
Period End Date	20200630
Filing Date	20200804
Fiscal Year	2020
Fiscal Period	Q2
XBRL Instance	lope-20200630x10q_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 91 Income Statement 74 Cash Flow Statement 77 Stockholders Equity 21 Comprehensive Income 12

Balance Sheet 91 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
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$172.53M	USD	Point-in-time
Preferred stock, shares issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Preferred stock, shares issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$122.27M	USD	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
Investments	`Investments`	$14.69M	USD	Point-in-time
Common stock, par value	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Investments	`Investments`	$21.60M	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`	$20.55M	USD	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$48.94M	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	100.00M	shares	Point-in-time
Interest receivable on Secured Note	`InterestReceivable`	$5.01M	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	53.05M	shares	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	53.23M	shares	Point-in-time
Interest receivable on Secured Note	`InterestReceivable`	$13.00K	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	48.10M	shares	Point-in-time
Income tax receivable	`IncomeTaxesReceivable`	$1.69M	USD	Point-in-time
Income tax receivable	`IncomeTaxesReceivable`	$2.19M	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	47.31M	shares	Point-in-time
Other current assets	`OtherAssetsCurrent`	$13.14M	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$8.04M	USD	Point-in-time
Treasury stock, shares	`TreasuryStockShares`	5.92M	shares	Point-in-time
Treasury stock, shares	`TreasuryStockShares`	4.95M	shares	Point-in-time
Total current assets	`AssetsCurrent`	$222.62M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$208.34M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$119.73M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$124.07M	USD	Point-in-time
Right-of-use assets	`OperatingLeaseRightOfUseAsset`	$43.28M	USD	Point-in-time
Right-of-use assets	`OperatingLeaseRightOfUseAsset`	$27.77M	USD	Point-in-time
Secured Note receivable, net	`NotesAndLoansReceivableNetNoncurrent`	$1.04B	USD	Point-in-time
Secured Note receivable, net	`NotesAndLoansReceivableNetNoncurrent`	$969.91M	USD	Point-in-time
Amortizable intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$197.85M	USD	Point-in-time
Amortizable intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$202.06M	USD	Point-in-time
Goodwill	`Goodwill`	$160.77M	USD	Point-in-time
Goodwill	`Goodwill`	$160.77M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$1.79M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$1.71M	USD	Point-in-time
Total assets	`Assets`	$1.79B	USD	Point-in-time
Total assets	`Assets`	$1.69B	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$14.84M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$19.90M	USD	Point-in-time
Accrued compensation and benefits	`EmployeeRelatedLiabilitiesCurrent`	$20.80M	USD	Point-in-time
Accrued compensation and benefits	`EmployeeRelatedLiabilitiesCurrent`	$26.81M	USD	Point-in-time
Accrued liabilities	`AccruedLiabilitiesCurrent`	$20.03M	USD	Point-in-time
Accrued liabilities	`AccruedLiabilitiesCurrent`	$16.77M	USD	Point-in-time
Income taxes payable	`AccruedIncomeTaxesCurrent`	$6.58M	USD	Point-in-time
Income taxes payable	`AccruedIncomeTaxesCurrent`	$38.28M	USD	Point-in-time
Deferred revenue	`ContractWithCustomerLiabilityCurrent`	$7.71M	USD	Point-in-time
Deferred revenue	`ContractWithCustomerLiabilityCurrent`	$20.00K	USD	Point-in-time
Current portion of lease liability	`OperatingLeaseLiabilityCurrent`	$3.08M	USD	Point-in-time
Current portion of lease liability	`OperatingLeaseLiabilityCurrent`	$4.71M	USD	Point-in-time
Current portion of notes payable	`NotesPayableCurrent`	$33.14M	USD	Point-in-time
Current portion of notes payable	`NotesPayableCurrent`	$33.14M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$95.23M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$150.59M	USD	Point-in-time
Deferred income taxes, noncurrent	`DeferredIncomeTaxLiabilitiesNet`	$18.32M	USD	Point-in-time
Deferred income taxes, noncurrent	`DeferredIncomeTaxLiabilitiesNet`	$18.62M	USD	Point-in-time
Other long-term liability	`OtherLiabilitiesNoncurrent`	$8.00K	USD	Point-in-time
Other long-term liability	`OtherLiabilitiesNoncurrent`	$13.00K	USD	Point-in-time
Lease liability, less current portion	`OperatingLeaseLiabilityNoncurrent`	$40.48M	USD	Point-in-time
Lease liability, less current portion	`OperatingLeaseLiabilityNoncurrent`	$25.52M	USD	Point-in-time
Notes payable, less current portion	`LongTermNotesPayable`	$91.20M	USD	Point-in-time
Notes payable, less current portion	`LongTermNotesPayable`	$107.77M	USD	Point-in-time
Total liabilities	`Liabilities`	$246.86M	USD	Point-in-time
Total liabilities	`Liabilities`	$300.90M	USD	Point-in-time
Commitments and contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Preferred stock, $0.01 par value, 10,000 shares authorized; 0 shares issued and outstanding at March 31, 2020 and December 31, 2019	`PreferredStockValue`	-	USD	Point-in-time
Preferred stock, $0.01 par value, 10,000 shares authorized; 0 shares issued and outstanding at March 31, 2020 and December 31, 2019	`PreferredStockValue`	-	USD	Point-in-time
Common stock, $0.01 par value, 100,000 shares authorized; 53,221 and 53,054 shares issued and 47,413 and 48,105 shares outstanding at March 31, 2020 and December 31, 2019, respectively	`CommonStockValue`	$532.00K	USD	Point-in-time
Common stock, $0.01 par value, 100,000 shares authorized; 53,221 and 53,054 shares issued and 47,413 and 48,105 shares outstanding at March 31, 2020 and December 31, 2019, respectively	`CommonStockValue`	$531.00K	USD	Point-in-time
Treasury stock, at cost, 5,808 and 4,949 shares of common stock at March 31, 2020 and December 31, 2019, respectively	`TreasuryStockValue`	$169.37M	USD	Point-in-time
Treasury stock, at cost, 5,808 and 4,949 shares of common stock at March 31, 2020 and December 31, 2019, respectively	`TreasuryStockValue`	$243.38M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$270.92M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$276.33M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$1.34B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$1.46B	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$1.49B	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$1.44B	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$1.21B	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$1.33B	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$1.69B	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$1.79B	USD	Point-in-time

Income Statement 74 line items

Line Item	Tag	Value	Unit	Period
Net revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$174.82M	USD	1 Quarter
Net revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$407.42M	USD	2 Qtrs
Net revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$185.77M	USD	1 Quarter
Net revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$372.11M	USD	2 Qtrs
Technology and academic services	`TechnologyAndAcademicServices`	$22.53M	USD	1 Quarter
Technology and academic services	`TechnologyAndAcademicServices`	$53.43M	USD	2 Qtrs
Technology and academic services	`TechnologyAndAcademicServices`	$41.15M	USD	2 Qtrs
Technology and academic services	`TechnologyAndAcademicServices`	$27.15M	USD	1 Quarter
Counseling services and support	`CounselingServicesAndSupport`	$54.30M	USD	1 Quarter
Counseling services and support	`CounselingServicesAndSupport`	$117.81M	USD	2 Qtrs
Counseling services and support	`CounselingServicesAndSupport`	$107.39M	USD	2 Qtrs
Counseling services and support	`CounselingServicesAndSupport`	$57.60M	USD	1 Quarter
Marketing and communication	`MarketingExpense`	$41.10M	USD	1 Quarter
Marketing and communication	`MarketingExpense`	$83.80M	USD	2 Qtrs
Marketing and communication	`MarketingExpense`	$71.69M	USD	2 Qtrs
Marketing and communication	`MarketingExpense`	$35.73M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$9.50M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$9.22M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$20.61M	USD	2 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$19.07M	USD	2 Qtrs
Amortization of intangible assets	`AmortizationOfIntangibleAssets`	$2.18M	USD	1 Quarter
Amortization of intangible assets	`AmortizationOfIntangibleAssets`	$2.10M	USD	1 Quarter
Amortization of intangible assets	`AmortizationOfIntangibleAssets`	$4.21M	USD	2 Qtrs
Amortization of intangible assets	`AmortizationOfIntangibleAssets`	$3.87M	USD	2 Qtrs
Loss on transaction	`LossOnTransaction`	$3.97M	USD	2 Qtrs
Loss on transaction	`LossOnTransaction`	$-122.00K	USD	1 Quarter
Total costs and expenses	`CostsAndExpenses`	$248.68M	USD	2 Qtrs
Total costs and expenses	`CostsAndExpenses`	$137.46M	USD	1 Quarter
Total costs and expenses	`CostsAndExpenses`	$123.83M	USD	1 Quarter
Total costs and expenses	`CostsAndExpenses`	$278.32M	USD	2 Qtrs
Operating income	`OperatingIncomeLoss`	$123.42M	USD	2 Qtrs
Operating income	`OperatingIncomeLoss`	$50.99M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$48.31M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$129.11M	USD	2 Qtrs
Interest income on Secured Note	`InterestIncomeOnNoteReceivable`	$14.72M	USD	1 Quarter
Interest income on Secured Note	`InterestIncomeOnNoteReceivable`	$28.22M	USD	2 Qtrs
Interest income on Secured Note	`InterestIncomeOnNoteReceivable`	$29.43M	USD	2 Qtrs
Interest income on Secured Note	`InterestIncomeOnNoteReceivable`	$14.48M	USD	1 Quarter
Interest expense	`InterestExpense`	$5.49M	USD	2 Qtrs
Interest expense	`InterestExpense`	$1.07M	USD	1 Quarter
Interest expense	`InterestExpense`	$2.62M	USD	2 Qtrs
Interest expense	`InterestExpense`	$2.91M	USD	1 Quarter
Investment interest and other	`InvestmentIncomeNonoperating`	$3.79M	USD	2 Qtrs
Investment interest and other	`InvestmentIncomeNonoperating`	$612.00K	USD	2 Qtrs
Investment interest and other	`InvestmentIncomeNonoperating`	$396.00K	USD	1 Quarter
Investment interest and other	`InvestmentIncomeNonoperating`	$2.67M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$65.24M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$149.94M	USD	2 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$156.53M	USD	2 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$62.36M	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$38.14M	USD	2 Qtrs
Income tax expense	`IncomeTaxExpenseBenefit`	$25.58M	USD	2 Qtrs
Income tax expense	`IncomeTaxExpenseBenefit`	$15.35M	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$14.12M	USD	1 Quarter
Net income	`NetIncomeLoss`	$51.11M	USD	1 Quarter
Net income	`NetIncomeLoss`	$124.36M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$118.39M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$47.01M	USD	1 Quarter
Basic income per share	`EarningsPerShareBasic`	$1.00	USD	1 Quarter
Basic income per share	`EarningsPerShareBasic`	$2.60	USD	2 Qtrs
Basic income per share	`EarningsPerShareBasic`	$1.07	USD	1 Quarter
Basic income per share	`EarningsPerShareBasic`	$2.51	USD	2 Qtrs
Diluted income per share	`EarningsPerShareDiluted`	$2.49	USD	2 Qtrs
Diluted income per share	`EarningsPerShareDiluted`	$1.00	USD	1 Quarter
Diluted income per share	`EarningsPerShareDiluted`	$2.57	USD	2 Qtrs
Diluted income per share	`EarningsPerShareDiluted`	$1.06	USD	1 Quarter
Basic weighted average shares outstanding	`WeightedAverageNumberOfSharesOutstandingBasic`	47.17M	shares	2 Qtrs
Basic weighted average shares outstanding	`WeightedAverageNumberOfSharesOutstandingBasic`	47.85M	shares	1 Quarter
Basic weighted average shares outstanding	`WeightedAverageNumberOfSharesOutstandingBasic`	46.89M	shares	1 Quarter
Basic weighted average shares outstanding	`WeightedAverageNumberOfSharesOutstandingBasic`	47.79M	shares	2 Qtrs
Diluted weighted average shares outstanding	`WeightedAverageNumberOfDilutedSharesOutstanding`	48.31M	shares	2 Qtrs
Diluted weighted average shares outstanding	`WeightedAverageNumberOfDilutedSharesOutstanding`	47.15M	shares	1 Quarter
Diluted weighted average shares outstanding	`WeightedAverageNumberOfDilutedSharesOutstanding`	47.46M	shares	2 Qtrs
Diluted weighted average shares outstanding	`WeightedAverageNumberOfDilutedSharesOutstanding`	48.31M	shares	1 Quarter

Cash Flow Statement 77 line items

Line Item	Tag	Value	Unit	Period
Allowance for credit losses	`FinancingReceivableAllowanceForCreditLosses`	$5.00M	USD	Point-in-time
Allowance for credit losses	`FinancingReceivableAllowanceForCreditLosses`	$5.00M	USD	Point-in-time
Income taxes	`IncomeTaxEffectsAllocatedDirectlyToEquityCumulativeEffectOfChangeInAccountingPrinciple`	$1.17M	USD	Point-in-time
Net income	`ProfitLoss`	$118.39M	USD	2 Qtrs
Net income	`ProfitLoss`	$124.36M	USD	2 Qtrs
Income taxes	`IncomeTaxEffectsAllocatedDirectlyToEquityCumulativeEffectOfChangeInAccountingPrinciple`	$1.17M	USD	2 Qtrs
Share-based compensation	`AllocatedShareBasedCompensationExpense`	$5.18M	USD	2 Qtrs
Share-based compensation	`AllocatedShareBasedCompensationExpense`	$5.33M	USD	2 Qtrs
Depreciation and amortization	`DepreciationAndAmortizationExcludingIntangibleAssets`	$10.30M	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`	$2.10M	USD	1 Quarter
Amortization of intangible assets	`AmortizationOfIntangibleAssets`	$4.21M	USD	2 Qtrs
Amortization of intangible assets	`AmortizationOfIntangibleAssets`	$3.87M	USD	2 Qtrs
Deferred income taxes	`DeferredIncomeTaxesAndTaxCredits`	$1.47M	USD	2 Qtrs
Deferred income taxes	`DeferredIncomeTaxesAndTaxCredits`	$1.37M	USD	2 Qtrs
Loss on transaction	`GainLossOnTransactionNetOfCostsAndAssetImpairment`	$-3.97M	USD	2 Qtrs
Other, including fixed asset impairments	`OtherNoncashIncomeExpense`	$-111.00K	USD	2 Qtrs
Other, including fixed asset impairments	`OtherNoncashIncomeExpense`	$285.00K	USD	2 Qtrs
Accounts receivable and interest receivable from university partners	`IncreaseDecreaseInAccountsReceivable`	$-33.38M	USD	2 Qtrs
Accounts receivable and interest receivable from university partners	`IncreaseDecreaseInAccountsReceivable`	$-41.06M	USD	2 Qtrs
Other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$2.22M	USD	2 Qtrs
Other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$5.23M	USD	2 Qtrs
Right-of-use assets and lease liabilities	`IncreaseDecreaseInOperatingLeaseLiabilitiesRecognizedInExchangeForRightOfUseAssets`	$1.08M	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`	$2.85M	USD	2 Qtrs
Accrued liabilities	`IncreaseDecreaseInAccruedLiabilities`	$1.75M	USD	2 Qtrs
Accrued liabilities	`IncreaseDecreaseInAccruedLiabilities`	$9.27M	USD	2 Qtrs
Income taxes receivable/payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$32.21M	USD	2 Qtrs
Income taxes receivable/payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$-8.81M	USD	2 Qtrs
Deferred revenue	`IncreaseDecreaseInContractWithCustomerLiabilityExcludingStudentDeposits`	$10.00M	USD	2 Qtrs
Deferred revenue	`IncreaseDecreaseInContractWithCustomerLiabilityExcludingStudentDeposits`	$7.69M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$189.34M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$221.05M	USD	2 Qtrs
Capital expenditures	`PaymentsToAcquireProductiveAssets`	$12.23M	USD	2 Qtrs
Capital expenditures	`PaymentsToAcquireProductiveAssets`	$9.66M	USD	2 Qtrs
Amortization of intangible assets	`PaymentsToDevelopEducationResources`	$147.00K	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	`PaymentsForProceedsFromNotesReceivable`	$75.00M	USD	2 Qtrs
Funding to GCU	`PaymentsForProceedsFromNotesReceivable`	$169.82M	USD	2 Qtrs
Purchases of investments	`PaymentsToAcquireMarketableSecurities`	$1.77M	USD	2 Qtrs
Proceeds from sale or maturity of investments	`ProceedsFromSaleAndMaturityOfMarketableSecurities`	$6.80M	USD	2 Qtrs
Proceeds from sale or maturity of investments	`ProceedsFromSaleAndMaturityOfMarketableSecurities`	$56.90M	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-80.58M	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-485.76M	USD	2 Qtrs
Principal payments on notes payable	`RepaymentsOfDebtAndCapitalLeaseObligations`	$16.57M	USD	2 Qtrs
Principal payments on notes payable	`RepaymentsOfDebtAndCapitalLeaseObligations`	$72.04M	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`	$18.47M	USD	2 Qtrs
Repurchase of common shares including shares withheld in lieu of income taxes	`PaymentsForRepurchaseOfCommonStock`	$74.02M	USD	2 Qtrs
Net proceeds from exercise of stock options	`ProceedsFromStockOptionsExercised`	$3.41M	USD	2 Qtrs
Net proceeds from exercise of stock options	`ProceedsFromStockOptionsExercised`	$74.00K	USD	2 Qtrs
Net cash (used in) provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$180.51M	USD	2 Qtrs
Net cash (used in) provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-90.52M	USD	2 Qtrs
Net increase (decrease) in cash and cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$49.96M	USD	2 Qtrs
Net increase (decrease) in cash and cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-115.91M	USD	2 Qtrs
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`	$172.53M	USD	Point-in-time
Cash and cash equivalents and restricted cash, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$122.57M	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`	$66.10M	USD	Point-in-time
Cash and cash equivalents and restricted cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$172.53M	USD	Point-in-time
Cash and cash equivalents and restricted cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$122.57M	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`	$4.84M	USD	2 Qtrs
Cash paid for interest	`InterestPaidNet`	$2.62M	USD	2 Qtrs
Cash paid for income taxes	`IncomeTaxesPaid`	$1.85M	USD	2 Qtrs
Cash paid for income taxes	`IncomeTaxesPaid`	$35.11M	USD	2 Qtrs
Purchases of property and equipment included in accounts payable	`CapitalExpendituresIncurredButNotYetPaid`	$914.00K	USD	2 Qtrs
Purchases of property and equipment included in accounts payable	`CapitalExpendituresIncurredButNotYetPaid`	$2.69M	USD	2 Qtrs
Lease adoption - recognition of right of use assets and lease liabilities	`GrossUpOfRightOfUseAssetsAndLeaseLiabilitiesAdoptionOfAsu201602`	$498.00K	USD	2 Qtrs
Allowance for credit losses of $5,000, net of taxes of $1,168 from adoption of ASU 2016-13	`CumulativeEffectOfNewAccountingPrincipleInPeriodOfAdoption`	$-3.83M	USD	Point-in-time
ROU Asset and Liability recognition	`RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability`	$15.51M	USD	2 Qtrs

Stockholders Equity 21 line items

Line Item	Tag	Value	Unit	Period
Cumulative effect from the adoption of accounting pronouncements, tax	`IncomeTaxEffectsAllocatedDirectlyToEquityCumulativeEffectOfChangeInAccountingPrinciple`	$1.17M	USD	Point-in-time
Cumulative effect from the adoption of accounting pronouncements, tax	`IncomeTaxEffectsAllocatedDirectlyToEquityCumulativeEffectOfChangeInAccountingPrinciple`	$1.17M	USD	2 Qtrs
Beginning Balance	`StockholdersEquity`	$1.49B	USD	Point-in-time
Beginning Balance	`StockholdersEquity`	$1.44B	USD	Point-in-time
Beginning Balance	`StockholdersEquity`	$1.21B	USD	Point-in-time
Beginning Balance	`StockholdersEquity`	$1.33B	USD	Point-in-time
Cumulative effect from the adoption of accounting pronouncements, net of taxes	`CumulativeEffectOfNewAccountingPrincipleInPeriodOfAdoption`	$-3.83M	USD	Point-in-time
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$118.39M	USD	2 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$50.95M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$124.08M	USD	2 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$47.01M	USD	1 Quarter
Common stock purchased for treasury	`TreasuryStockValueAcquiredCostMethod`	$10.34M	USD	2 Qtrs
Common stock purchased for treasury	`TreasuryStockValueAcquiredCostMethod`	$69.05M	USD	2 Qtrs
Share-based compensation	`StockIssuedDuringPeriodValueShareBasedCompensation`	$365.00K	USD	2 Qtrs
Share-based compensation	`StockIssuedDuringPeriodValueShareBasedCompensation`	$-2.94M	USD	2 Qtrs
Exercise of stock options	`StockIssuedDuringPeriodValueStockOptionsExercised`	$3.41M	USD	2 Qtrs
Exercise of stock options	`StockIssuedDuringPeriodValueStockOptionsExercised`	$74.00K	USD	2 Qtrs
Ending Balance	`StockholdersEquity`	$1.49B	USD	Point-in-time
Ending Balance	`StockholdersEquity`	$1.44B	USD	Point-in-time
Ending Balance	`StockholdersEquity`	$1.21B	USD	Point-in-time
Ending Balance	`StockholdersEquity`	$1.33B	USD	Point-in-time

Comprehensive Income 12 line items

Line Item	Tag	Value	Unit	Period
Unrealized gains (losses) on hedging derivatives, taxes	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationTax`	$35.00K	USD	1 Quarter
Net income	`NetIncomeLoss`	$51.11M	USD	1 Quarter
Unrealized gains (losses) on hedging derivatives, taxes	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationTax`	$70.00K	USD	2 Qtrs
Net income	`NetIncomeLoss`	$124.36M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$118.39M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$47.01M	USD	1 Quarter
Unrealized loss on hedging derivative, net of taxes of $35 for the three months ended March 31, 2019	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax`	$-271.00K	USD	2 Qtrs
Unrealized loss on hedging derivative, net of taxes of $35 for the three months ended March 31, 2019	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax`	$-164.00K	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$118.39M	USD	2 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$50.95M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$124.08M	USD	2 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$47.01M	USD	1 Quarter

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