10-Q Filing

GRAND CANYON EDUCATION, INC. CIK: 1434588 Q3 2020

Filing Information

Form Type	10-Q
Accession Number	`0001558370-20-012860`
Period End Date	20200930
Filing Date	20201105
Fiscal Year	2020
Fiscal Period	Q3
XBRL Instance	lope-20200930x10q_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 89 Income Statement 73 Cash Flow Statement 79 Stockholders Equity 21 Comprehensive Income 12

Balance Sheet 89 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`	$166.95M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$122.27M	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
Preferred stock, shares outstanding	`PreferredStockSharesOutstanding`	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
Investments	`Investments`	$12.81M	USD	Point-in-time
Common stock, par value	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Investments	`Investments`	$21.60M	USD	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$89.21M	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
Common stock, shares authorized	`CommonStockSharesAuthorized`	100.00M	shares	Point-in-time
Interest receivable on Secured Note	`InterestReceivable`	$4.85M	USD	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
Common stock, shares outstanding	`CommonStockSharesOutstanding`	47.05M	shares	Point-in-time
Income tax receivable	`IncomeTaxesReceivable`	$2.19M	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	48.10M	shares	Point-in-time
Income tax receivable	`IncomeTaxesReceivable`	$3.98M	USD	Point-in-time
Treasury stock, shares	`TreasuryStockShares`	6.19M	shares	Point-in-time
Treasury stock, shares	`TreasuryStockShares`	4.95M	shares	Point-in-time
Other current assets	`OtherAssetsCurrent`	$8.04M	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$13.95M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$208.34M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$291.76M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$126.68M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$119.73M	USD	Point-in-time
Right-of-use assets	`OperatingLeaseRightOfUseAsset`	$27.77M	USD	Point-in-time
Right-of-use assets	`OperatingLeaseRightOfUseAsset`	$58.94M	USD	Point-in-time
Secured Note receivable, net	`NotesAndLoansReceivableNetNoncurrent`	$964.91M	USD	Point-in-time
Secured Note receivable, net	`NotesAndLoansReceivableNetNoncurrent`	$969.91M	USD	Point-in-time
Amortizable intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$195.74M	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`	$1.76M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$1.71M	USD	Point-in-time
Total assets	`Assets`	$1.80B	USD	Point-in-time
Total assets	`Assets`	$1.69B	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$15.34M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$14.84M	USD	Point-in-time
Accrued compensation and benefits	`EmployeeRelatedLiabilitiesCurrent`	$33.88M	USD	Point-in-time
Accrued compensation and benefits	`EmployeeRelatedLiabilitiesCurrent`	$20.80M	USD	Point-in-time
Accrued liabilities	`AccruedLiabilitiesCurrent`	$23.33M	USD	Point-in-time
Accrued liabilities	`AccruedLiabilitiesCurrent`	$16.77M	USD	Point-in-time
Income taxes payable	`AccruedIncomeTaxesCurrent`	$6.58M	USD	Point-in-time
Deferred revenue	`ContractWithCustomerLiabilityCurrent`	$20.00K	USD	Point-in-time
Deferred revenue	`ContractWithCustomerLiabilityCurrent`	$10.24M	USD	Point-in-time
Current portion of lease liability	`OperatingLeaseLiabilityCurrent`	$3.08M	USD	Point-in-time
Current portion of lease liability	`OperatingLeaseLiabilityCurrent`	$6.74M	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`	$122.66M	USD	Point-in-time
Deferred income taxes, noncurrent	`DeferredIncomeTaxLiabilitiesNet`	$18.32M	USD	Point-in-time
Deferred income taxes, noncurrent	`DeferredIncomeTaxLiabilitiesNet`	$19.29M	USD	Point-in-time
Other long-term liability	`OtherLiabilitiesNoncurrent`	$6.00K	USD	Point-in-time
Other long-term liability	`OtherLiabilitiesNoncurrent`	$13.00K	USD	Point-in-time
Lease liability, less current portion	`OperatingLeaseLiabilityNoncurrent`	$25.52M	USD	Point-in-time
Lease liability, less current portion	`OperatingLeaseLiabilityNoncurrent`	$54.71M	USD	Point-in-time
Notes payable, less current portion	`LongTermNotesPayable`	$82.92M	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`	$279.58M	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 September 30, 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 September 30, 2020 and December 31, 2019	`PreferredStockValue`	-	USD	Point-in-time
Common stock, $0.01 par value, 100,000 shares authorized; 53,231 and 53,054 shares issued and 47,045 and 48,105 shares outstanding at September 30, 2020 and December 31, 2019, respectively	`CommonStockValue`	$531.00K	USD	Point-in-time
Common stock, $0.01 par value, 100,000 shares authorized; 53,231 and 53,054 shares issued and 47,045 and 48,105 shares outstanding at September 30, 2020 and December 31, 2019, respectively	`CommonStockValue`	$532.00K	USD	Point-in-time
Treasury stock, at cost, 6,186 and 4,949 shares of common stock at September 30, 2020 and December 31, 2019, respectively	`TreasuryStockValue`	$266.65M	USD	Point-in-time
Treasury stock, at cost, 6,186 and 4,949 shares of common stock at September 30, 2020 and December 31, 2019, respectively	`TreasuryStockValue`	$169.37M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$270.92M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$279.15M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$1.34B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$1.51B	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$1.21B	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$1.38B	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$1.52B	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$1.44B	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$1.80B	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$1.69B	USD	Point-in-time

Income Statement 73 line items

Line Item	Tag	Value	Unit	Period
Net revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$193.29M	USD	1 Quarter
Net revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$605.81M	USD	3 Qtrs
Net revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$198.38M	USD	1 Quarter
Net revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$565.40M	USD	3 Qtrs
Technology and academic services	`TechnologyAndAcademicServices`	$84.18M	USD	3 Qtrs
Technology and academic services	`TechnologyAndAcademicServices`	$30.75M	USD	1 Quarter
Technology and academic services	`TechnologyAndAcademicServices`	$65.38M	USD	3 Qtrs
Technology and academic services	`TechnologyAndAcademicServices`	$24.23M	USD	1 Quarter
Counseling services and support	`CounselingServicesAndSupport`	$163.64M	USD	3 Qtrs
Counseling services and support	`CounselingServicesAndSupport`	$58.21M	USD	1 Quarter
Counseling services and support	`CounselingServicesAndSupport`	$56.25M	USD	1 Quarter
Counseling services and support	`CounselingServicesAndSupport`	$176.03M	USD	3 Qtrs
Marketing and communication	`MarketingExpense`	$109.03M	USD	3 Qtrs
Marketing and communication	`MarketingExpense`	$37.34M	USD	1 Quarter
Marketing and communication	`MarketingExpense`	$42.24M	USD	1 Quarter
Marketing and communication	`MarketingExpense`	$126.04M	USD	3 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$33.10M	USD	3 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$13.56M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$34.17M	USD	3 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$14.03M	USD	1 Quarter
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`	$6.32M	USD	3 Qtrs
Amortization of intangible assets	`AmortizationOfIntangibleAssets`	$6.04M	USD	3 Qtrs
Loss on transaction	`LossOnTransaction`	$3.97M	USD	3 Qtrs
Total costs and expenses	`CostsAndExpenses`	$425.66M	USD	3 Qtrs
Total costs and expenses	`CostsAndExpenses`	$133.56M	USD	1 Quarter
Total costs and expenses	`CostsAndExpenses`	$382.24M	USD	3 Qtrs
Total costs and expenses	`CostsAndExpenses`	$147.34M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$59.73M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$51.04M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$183.16M	USD	3 Qtrs
Operating income	`OperatingIncomeLoss`	$180.15M	USD	3 Qtrs
Interest income on Secured Note	`InterestIncomeOnNoteReceivable`	$44.32M	USD	3 Qtrs
Interest income on Secured Note	`InterestIncomeOnNoteReceivable`	$16.21M	USD	1 Quarter
Interest income on Secured Note	`InterestIncomeOnNoteReceivable`	$14.88M	USD	1 Quarter
Interest income on Secured Note	`InterestIncomeOnNoteReceivable`	$44.42M	USD	3 Qtrs
Interest expense	`InterestExpense`	$8.37M	USD	3 Qtrs
Interest expense	`InterestExpense`	$918.00K	USD	1 Quarter
Interest expense	`InterestExpense`	$3.54M	USD	3 Qtrs
Interest expense	`InterestExpense`	$2.88M	USD	1 Quarter
Investment interest and other	`InvestmentIncomeNonoperating`	$793.00K	USD	3 Qtrs
Investment interest and other	`InvestmentIncomeNonoperating`	$4.04M	USD	3 Qtrs
Investment interest and other	`InvestmentIncomeNonoperating`	$181.00K	USD	1 Quarter
Investment interest and other	`InvestmentIncomeNonoperating`	$255.00K	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$73.32M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$223.26M	USD	3 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$221.72M	USD	3 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$65.19M	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$51.28M	USD	3 Qtrs
Income tax expense	`IncomeTaxExpenseBenefit`	$13.14M	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$40.75M	USD	3 Qtrs
Income tax expense	`IncomeTaxExpenseBenefit`	$15.17M	USD	1 Quarter
Net income	`NetIncomeLoss`	$52.05M	USD	1 Quarter
Net income	`NetIncomeLoss`	$58.15M	USD	1 Quarter
Net income	`NetIncomeLoss`	$182.51M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$170.44M	USD	3 Qtrs
Basic income per share	`EarningsPerShareBasic`	$1.11	USD	1 Quarter
Basic income per share	`EarningsPerShareBasic`	$3.62	USD	3 Qtrs
Basic income per share	`EarningsPerShareBasic`	$3.82	USD	3 Qtrs
Basic income per share	`EarningsPerShareBasic`	$1.21	USD	1 Quarter
Diluted income per share	`EarningsPerShareDiluted`	$3.60	USD	3 Qtrs
Diluted income per share	`EarningsPerShareDiluted`	$1.11	USD	1 Quarter
Diluted income per share	`EarningsPerShareDiluted`	$3.78	USD	3 Qtrs
Diluted income per share	`EarningsPerShareDiluted`	$1.20	USD	1 Quarter
Basic weighted average shares outstanding	`WeightedAverageNumberOfSharesOutstandingBasic`	47.05M	shares	3 Qtrs
Basic weighted average shares outstanding	`WeightedAverageNumberOfSharesOutstandingBasic`	47.92M	shares	1 Quarter
Basic weighted average shares outstanding	`WeightedAverageNumberOfSharesOutstandingBasic`	46.81M	shares	1 Quarter
Basic weighted average shares outstanding	`WeightedAverageNumberOfSharesOutstandingBasic`	47.83M	shares	3 Qtrs
Diluted weighted average shares outstanding	`WeightedAverageNumberOfDilutedSharesOutstanding`	48.32M	shares	3 Qtrs
Diluted weighted average shares outstanding	`WeightedAverageNumberOfDilutedSharesOutstanding`	47.34M	shares	3 Qtrs
Diluted weighted average shares outstanding	`WeightedAverageNumberOfDilutedSharesOutstanding`	48.34M	shares	1 Quarter
Diluted weighted average shares outstanding	`WeightedAverageNumberOfDilutedSharesOutstanding`	47.09M	shares	1 Quarter

Cash Flow Statement 79 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	3 Qtrs
Income taxes	`IncomeTaxEffectsAllocatedDirectlyToEquityCumulativeEffectOfChangeInAccountingPrinciple`	$1.17M	USD	Point-in-time
Net income	`ProfitLoss`	$170.44M	USD	3 Qtrs
Net income	`ProfitLoss`	$182.51M	USD	3 Qtrs
Share-based compensation	`AllocatedShareBasedCompensationExpense`	$7.74M	USD	3 Qtrs
Share-based compensation	`AllocatedShareBasedCompensationExpense`	$8.05M	USD	3 Qtrs
Depreciation and amortization	`DepreciationAndAmortizationExcludingIntangibleAssets`	$15.84M	USD	3 Qtrs
Depreciation and amortization	`DepreciationAndAmortizationExcludingIntangibleAssets`	$13.82M	USD	3 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`	$6.32M	USD	3 Qtrs
Amortization of intangible assets	`AmortizationOfIntangibleAssets`	$6.04M	USD	3 Qtrs
Deferred income taxes	`DeferredIncomeTaxesAndTaxCredits`	$2.14M	USD	3 Qtrs
Deferred income taxes	`DeferredIncomeTaxesAndTaxCredits`	$1.87M	USD	3 Qtrs
Loss on transaction	`GainLossOnTransactionNetOfCostsAndAssetImpairment`	$-3.97M	USD	3 Qtrs
Other, including fixed asset impairments	`OtherNoncashIncomeExpense`	$-344.00K	USD	3 Qtrs
Other, including fixed asset impairments	`OtherNoncashIncomeExpense`	$369.00K	USD	3 Qtrs
Accounts receivable and interest receivable from university partners	`IncreaseDecreaseInAccountsReceivable`	$40.11M	USD	3 Qtrs
Accounts receivable and interest receivable from university partners	`IncreaseDecreaseInAccountsReceivable`	$33.85M	USD	3 Qtrs
Other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$6.02M	USD	3 Qtrs
Other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$2.19M	USD	3 Qtrs
Right-of-use assets and lease liabilities	`IncreaseDecreaseInOperatingLeaseLiabilitiesRecognizedInExchangeForRightOfUseAssets`	$419.00K	USD	3 Qtrs
Right-of-use assets and lease liabilities	`IncreaseDecreaseInOperatingLeaseLiabilitiesRecognizedInExchangeForRightOfUseAssets`	$1.67M	USD	3 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayableTrade`	$-50.00K	USD	3 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayableTrade`	$1.49M	USD	3 Qtrs
Accrued liabilities	`IncreaseDecreaseInAccruedLiabilities`	$19.63M	USD	3 Qtrs
Accrued liabilities	`IncreaseDecreaseInAccruedLiabilities`	$10.13M	USD	3 Qtrs
Income taxes receivable/payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$-8.37M	USD	3 Qtrs
Income taxes receivable/payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$-5.60M	USD	3 Qtrs
Deferred revenue	`IncreaseDecreaseInContractWithCustomerLiabilityExcludingStudentDeposits`	$9.16M	USD	3 Qtrs
Deferred revenue	`IncreaseDecreaseInContractWithCustomerLiabilityExcludingStudentDeposits`	$10.22M	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$180.08M	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$195.13M	USD	3 Qtrs
Capital expenditures	`PaymentsToAcquireProductiveAssets`	$22.16M	USD	3 Qtrs
Capital expenditures	`PaymentsToAcquireProductiveAssets`	$15.18M	USD	3 Qtrs
Amortization of intangible assets	`PaymentsToDevelopEducationResources`	$191.00K	USD	3 Qtrs
Amortization of intangible assets	`PaymentsToDevelopEducationResources`	$238.00K	USD	3 Qtrs
Acquisition, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$361.18M	USD	3 Qtrs
Funding to GCU	`PaymentsToFundNotesReceivable`	$75.00M	USD	3 Qtrs
Funding to GCU	`PaymentsToFundNotesReceivable`	$169.82M	USD	3 Qtrs
Repayment by GCU	`ProceedsFromCollectionOfNotesReceivable`	$75.00M	USD	3 Qtrs
Repayment by GCU	`ProceedsFromCollectionOfNotesReceivable`	$60.00M	USD	3 Qtrs
Purchases of investments	`PaymentsToAcquireMarketableSecurities`	$1.70M	USD	3 Qtrs
Proceeds from sale or maturity of investments	`ProceedsFromSaleAndMaturityOfMarketableSecurities`	$56.96M	USD	3 Qtrs
Proceeds from sale or maturity of investments	`ProceedsFromSaleAndMaturityOfMarketableSecurities`	$8.65M	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-431.11M	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-13.74M	USD	3 Qtrs
Principal payments on notes payable	`RepaymentsOfDebtAndCapitalLeaseObligations`	$71.96M	USD	3 Qtrs
Principal payments on notes payable	`RepaymentsOfDebtAndCapitalLeaseObligations`	$24.86M	USD	3 Qtrs
Debt issuance costs	`PaymentsOfDebtIssuanceCosts`	$2.38M	USD	3 Qtrs
Proceeds from notes payable	`ProceedsFromNotesPayable`	$243.75M	USD	3 Qtrs
Net borrowings from revolving line of credit	`ProceedsFromRepaymentsOfLinesOfCredit`	$26.25M	USD	3 Qtrs
Repurchase of common shares including shares withheld in lieu of income taxes	`PaymentsForRepurchaseOfCommonStock`	$97.28M	USD	3 Qtrs
Repurchase of common shares including shares withheld in lieu of income taxes	`PaymentsForRepurchaseOfCommonStock`	$25.42M	USD	3 Qtrs
Net proceeds from exercise of stock options	`ProceedsFromStockOptionsExercised`	$3.74M	USD	3 Qtrs
Net proceeds from exercise of stock options	`ProceedsFromStockOptionsExercised`	$178.00K	USD	3 Qtrs
Net cash (used in) provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-121.96M	USD	3 Qtrs
Net cash (used in) provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$173.97M	USD	3 Qtrs
Net increase (decrease) in cash and cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$44.38M	USD	3 Qtrs
Net increase (decrease) in cash and cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-62.00M	USD	3 Qtrs
Cash and cash equivalents and restricted cash, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$166.95M	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`	$120.01M	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, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$166.95M	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`	$120.01M	USD	Point-in-time
Cash and cash equivalents and restricted cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$122.57M	USD	Point-in-time
Cash paid for interest	`InterestPaidNet`	$3.54M	USD	3 Qtrs
Cash paid for interest	`InterestPaidNet`	$7.75M	USD	3 Qtrs
Cash paid for income taxes	`IncomeTaxesPaid`	$45.79M	USD	3 Qtrs
Cash paid for income taxes	`IncomeTaxesPaid`	$54.11M	USD	3 Qtrs
Purchases of property and equipment included in accounts payable	`CapitalExpendituresIncurredButNotYetPaid`	$1.02M	USD	3 Qtrs
Purchases of property and equipment included in accounts payable	`CapitalExpendituresIncurredButNotYetPaid`	$1.80M	USD	3 Qtrs
Lease adoption - recognition of right of use assets and lease liabilities	`GrossUpOfRightOfUseAssetsAndLeaseLiabilitiesAdoptionOfAsu201602`	$498.00K	USD	3 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`	$31.17M	USD	3 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	3 Qtrs
Cumulative effect from the adoption of accounting pronouncements, tax	`IncomeTaxEffectsAllocatedDirectlyToEquityCumulativeEffectOfChangeInAccountingPrinciple`	$1.17M	USD	Point-in-time
Beginning Balance	`StockholdersEquity`	$1.21B	USD	Point-in-time
Beginning Balance	`StockholdersEquity`	$1.38B	USD	Point-in-time
Beginning Balance	`StockholdersEquity`	$1.52B	USD	Point-in-time
Beginning Balance	`StockholdersEquity`	$1.44B	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`	$58.09M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$52.05M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$170.44M	USD	3 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$182.18M	USD	3 Qtrs
Common stock purchased for treasury	`TreasuryStockValueAcquiredCostMethod`	$92.31M	USD	3 Qtrs
Common stock purchased for treasury	`TreasuryStockValueAcquiredCostMethod`	$17.29M	USD	3 Qtrs
Share-based compensation	`StockIssuedDuringPeriodValueShareBasedCompensation`	$3.08M	USD	3 Qtrs
Share-based compensation	`StockIssuedDuringPeriodValueShareBasedCompensation`	$-387.00K	USD	3 Qtrs
Exercise of stock options	`StockIssuedDuringPeriodValueStockOptionsExercised`	$3.74M	USD	3 Qtrs
Exercise of stock options	`StockIssuedDuringPeriodValueStockOptionsExercised`	$178.00K	USD	3 Qtrs
Ending Balance	`StockholdersEquity`	$1.21B	USD	Point-in-time
Ending Balance	`StockholdersEquity`	$1.38B	USD	Point-in-time
Ending Balance	`StockholdersEquity`	$1.52B	USD	Point-in-time
Ending Balance	`StockholdersEquity`	$1.44B	USD	Point-in-time

Comprehensive Income 12 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$52.05M	USD	1 Quarter
Net income	`NetIncomeLoss`	$58.15M	USD	1 Quarter
Unrealized gains (losses) on hedging derivatives, taxes	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationTax`	$19.00K	USD	1 Quarter
Net income	`NetIncomeLoss`	$182.51M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$170.44M	USD	3 Qtrs
Unrealized gains (losses) on hedging derivatives, taxes	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationTax`	$89.00K	USD	3 Qtrs
Unrealized losses on hedging derivative, net of taxes of $19 for the three months ended September 30, 2019 and $89 for the nine months ended September 30, 2019	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax`	$-329.00K	USD	3 Qtrs
Unrealized losses on hedging derivative, net of taxes of $19 for the three months ended September 30, 2019 and $89 for the nine months ended September 30, 2019	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax`	$-58.00K	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$58.09M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$52.05M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$170.44M	USD	3 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$182.18M	USD	3 Qtrs

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