10-Q Filing

GRAND CANYON EDUCATION, INC. CIK: 1434588 Q2 2021

Filing Information

Form Type	10-Q
Accession Number	`0001558370-21-010560`
Period End Date	20210630
Filing Date	20210805
Fiscal Year	2021
Fiscal Period	Q2
XBRL Instance	lope-20210630x10q_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 91 Income Statement 72 Cash Flow Statement 83 Stockholders Equity 30 Comprehensive Income 14

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
Preferred stock, shares issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$245.77M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$69.45M	USD	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
Investments	`Investments`	$44.41M	USD	Point-in-time
Preferred stock, shares outstanding	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Investments	`Investments`	$10.84M	USD	Point-in-time
Common stock, par value	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$19.89M	USD	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$62.19M	USD	Point-in-time
Common stock, par value	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Interest receivable on Secured Note	`InterestReceivable`	$5.01M	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
Common stock, shares issued	`CommonStockSharesIssued`	53.64M	shares	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	53.28M	shares	Point-in-time
Income tax receivable	`IncomeTaxesReceivable`	$1.29M	USD	Point-in-time
Income tax receivable	`IncomeTaxesReceivable`	$1.33M	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$11.99M	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	46.65M	shares	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	45.40M	shares	Point-in-time
Other current assets	`OtherAssetsCurrent`	$8.64M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$333.74M	USD	Point-in-time
Treasury stock, shares	`TreasuryStockShares`	8.24M	shares	Point-in-time
Total current assets	`AssetsCurrent`	$147.07M	USD	Point-in-time
Treasury stock, shares	`TreasuryStockShares`	6.63M	shares	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$133.00M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$128.66M	USD	Point-in-time
Right-of-use assets	`OperatingLeaseRightOfUseAsset`	$61.02M	USD	Point-in-time
Right-of-use assets	`OperatingLeaseRightOfUseAsset`	$59.30M	USD	Point-in-time
Secured Note receivable, net	`NotesAndLoansReceivableNetNoncurrent`	$1.15B	USD	Point-in-time
Secured Note receivable, net	`NotesAndLoansReceivableNetNoncurrent`	$964.91M	USD	Point-in-time
Amortizable intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$189.43M	USD	Point-in-time
Amortizable intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$193.64M	USD	Point-in-time
Goodwill	`Goodwill`	$160.77M	USD	Point-in-time
Goodwill	`Goodwill`	$160.77M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$1.84M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$2.48M	USD	Point-in-time
Total assets	`Assets`	$1.84B	USD	Point-in-time
Total assets	`Assets`	$1.85B	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$22.45M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$16.58M	USD	Point-in-time
Accrued compensation and benefits	`EmployeeRelatedLiabilitiesCurrent`	$34.25M	USD	Point-in-time
Accrued compensation and benefits	`EmployeeRelatedLiabilitiesCurrent`	$36.21M	USD	Point-in-time
Accrued liabilities	`AccruedLiabilitiesCurrent`	$21.95M	USD	Point-in-time
Accrued liabilities	`AccruedLiabilitiesCurrent`	$24.96M	USD	Point-in-time
Income taxes payable	`AccruedIncomeTaxesCurrent`	$54.00K	USD	Point-in-time
Income taxes payable	`AccruedIncomeTaxesCurrent`	$5.41M	USD	Point-in-time
Deferred revenue	`ContractWithCustomerLiabilityCurrent`	$9.76M	USD	Point-in-time
Current portion of lease liability	`OperatingLeaseLiabilityCurrent`	$7.39M	USD	Point-in-time
Current portion of lease liability	`OperatingLeaseLiabilityCurrent`	$7.42M	USD	Point-in-time
Current portion of notes payable	`NotesPayableCurrent`	$33.14M	USD	Point-in-time
Current portion of notes payable	`NotesPayableCurrent`	$68.14M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$169.01M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$118.72M	USD	Point-in-time
Deferred income taxes, noncurrent	`DeferredIncomeTaxLiabilitiesNet`	$22.07M	USD	Point-in-time
Deferred income taxes, noncurrent	`DeferredIncomeTaxLiabilitiesNet`	$20.29M	USD	Point-in-time
Other long-term liability	`OtherLiabilitiesNoncurrent`	$3.00K	USD	Point-in-time
Other long-term liability	`OtherLiabilitiesNoncurrent`	$50.00K	USD	Point-in-time
Lease liability, less current portion	`OperatingLeaseLiabilityNoncurrent`	$56.61M	USD	Point-in-time
Lease liability, less current portion	`OperatingLeaseLiabilityNoncurrent`	$55.10M	USD	Point-in-time
Notes payable, less current portion	`LongTermNotesPayable`	$58.06M	USD	Point-in-time
Notes payable, less current portion	`LongTermNotesPayable`	$74.63M	USD	Point-in-time
Total liabilities	`Liabilities`	$270.25M	USD	Point-in-time
Total liabilities	`Liabilities`	$304.28M	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, 2021 and December 31, 2020	`PreferredStockValue`	-	USD	Point-in-time
Preferred stock, $0.01 par value, 10,000 shares authorized; 0 shares issued and outstanding at June 30, 2021 and December 31, 2020	`PreferredStockValue`	-	USD	Point-in-time
Common stock, $0.01 par value, 100,000 shares authorized; 53,637 and 53,277 shares issued and 45,396 and 46,649 shares outstanding at June 30, 2021 and December 31, 2020, respectively	`CommonStockValue`	$536.00K	USD	Point-in-time
Common stock, $0.01 par value, 100,000 shares authorized; 53,637 and 53,277 shares issued and 45,396 and 46,649 shares outstanding at June 30, 2021 and December 31, 2020, respectively	`CommonStockValue`	$533.00K	USD	Point-in-time
Treasury stock, at cost, 8,241 and 6,628 shares of common stock at June 30, 2021 and December 31, 2020, respectively	`TreasuryStockValue`	$303.38M	USD	Point-in-time
Treasury stock, at cost, 8,241 and 6,628 shares of common stock at June 30, 2021 and December 31, 2020, respectively	`TreasuryStockValue`	$461.05M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$282.47M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$281.10M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-185.00K	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$1.72B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$1.59B	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$1.57B	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$1.54B	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$1.59B	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$1.45B	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 liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$1.85B	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$1.84B	USD	Point-in-time

Income Statement 72 line items

Line Item	Tag	Value	Unit	Period
Service revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$185.77M	USD	1 Quarter
Service revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$201.49M	USD	1 Quarter
Service revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$407.42M	USD	2 Qtrs
Service revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$438.42M	USD	2 Qtrs
Technology and academic services	`TechnologyAndAcademicServices`	$33.68M	USD	1 Quarter
Technology and academic services	`TechnologyAndAcademicServices`	$27.15M	USD	1 Quarter
Technology and academic services	`TechnologyAndAcademicServices`	$65.73M	USD	2 Qtrs
Technology and academic services	`TechnologyAndAcademicServices`	$53.43M	USD	2 Qtrs
Counseling services and support	`CounselingServicesAndSupport`	$57.60M	USD	1 Quarter
Counseling services and support	`CounselingServicesAndSupport`	$122.17M	USD	2 Qtrs
Counseling services and support	`CounselingServicesAndSupport`	$117.81M	USD	2 Qtrs
Counseling services and support	`CounselingServicesAndSupport`	$60.93M	USD	1 Quarter
Marketing and communication	`MarketingExpense`	$41.10M	USD	1 Quarter
Marketing and communication	`MarketingExpense`	$93.18M	USD	2 Qtrs
Marketing and communication	`MarketingExpense`	$83.80M	USD	2 Qtrs
Marketing and communication	`MarketingExpense`	$45.45M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$19.07M	USD	2 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$9.50M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$9.08M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$18.66M	USD	2 Qtrs
Amortization of intangible assets	`AmortizationOfIntangibleAssets`	$4.21M	USD	2 Qtrs
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`	$2.10M	USD	1 Quarter
Total costs and expenses	`CostsAndExpenses`	$278.32M	USD	2 Qtrs
Total costs and expenses	`CostsAndExpenses`	$151.24M	USD	1 Quarter
Total costs and expenses	`CostsAndExpenses`	$137.46M	USD	1 Quarter
Total costs and expenses	`CostsAndExpenses`	$303.95M	USD	2 Qtrs
Operating income	`OperatingIncomeLoss`	$134.47M	USD	2 Qtrs
Operating income	`OperatingIncomeLoss`	$48.31M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$50.25M	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`	$29.43M	USD	2 Qtrs
Interest income on Secured Note	`InterestIncomeOnNoteReceivable`	$14.77M	USD	1 Quarter
Interest income on Secured Note	`InterestIncomeOnNoteReceivable`	$29.32M	USD	2 Qtrs
Interest expense	`InterestExpense`	$1.56M	USD	2 Qtrs
Interest expense	`InterestExpense`	$763.00K	USD	1 Quarter
Interest expense	`InterestExpense`	$1.07M	USD	1 Quarter
Interest expense	`InterestExpense`	$2.62M	USD	2 Qtrs
Investment interest and other	`InvestmentIncomeNonoperating`	$238.00K	USD	1 Quarter
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`	$359.00K	USD	2 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$156.53M	USD	2 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$64.50M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$62.36M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$162.59M	USD	2 Qtrs
Income tax expense	`IncomeTaxExpenseBenefit`	$38.14M	USD	2 Qtrs
Income tax expense	`IncomeTaxExpenseBenefit`	$35.02M	USD	2 Qtrs
Income tax expense	`IncomeTaxExpenseBenefit`	$15.35M	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$15.04M	USD	1 Quarter
Net income	`NetIncomeLoss`	$49.46M	USD	1 Quarter
Net income	`NetIncomeLoss`	$47.01M	USD	1 Quarter
Net income	`NetIncomeLoss`	$127.57M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$118.39M	USD	2 Qtrs
Basic income per share	`EarningsPerShareBasic`	$1.00	USD	1 Quarter
Basic income per share	`EarningsPerShareBasic`	$1.09	USD	1 Quarter
Basic income per share	`EarningsPerShareBasic`	$2.78	USD	2 Qtrs
Basic income per share	`EarningsPerShareBasic`	$2.51	USD	2 Qtrs
Diluted income per share	`EarningsPerShareDiluted`	$1.09	USD	1 Quarter
Diluted income per share	`EarningsPerShareDiluted`	$2.49	USD	2 Qtrs
Diluted income per share	`EarningsPerShareDiluted`	$2.78	USD	2 Qtrs
Diluted income per share	`EarningsPerShareDiluted`	$1.00	USD	1 Quarter
Basic weighted average shares outstanding	`WeightedAverageNumberOfSharesOutstandingBasic`	47.17M	shares	2 Qtrs
Basic weighted average shares outstanding	`WeightedAverageNumberOfSharesOutstandingBasic`	46.89M	shares	1 Quarter
Basic weighted average shares outstanding	`WeightedAverageNumberOfSharesOutstandingBasic`	45.81M	shares	2 Qtrs
Basic weighted average shares outstanding	`WeightedAverageNumberOfSharesOutstandingBasic`	45.49M	shares	1 Quarter
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`	45.58M	shares	1 Quarter
Diluted weighted average shares outstanding	`WeightedAverageNumberOfDilutedSharesOutstanding`	45.96M	shares	2 Qtrs

Cash Flow Statement 83 line items

Line Item	Tag	Value	Unit	Period
Net income	`ProfitLoss`	$127.57M	USD	2 Qtrs
Net income	`ProfitLoss`	$118.39M	USD	2 Qtrs
Share-based compensation	`AllocatedShareBasedCompensationExpense`	$5.33M	USD	2 Qtrs
Share-based compensation	`AllocatedShareBasedCompensationExpense`	$5.96M	USD	2 Qtrs
Depreciation and amortization	`DepreciationAndAmortizationExcludingIntangibleAssets`	$10.30M	USD	2 Qtrs
Depreciation and amortization	`DepreciationAndAmortizationExcludingIntangibleAssets`	$10.82M	USD	2 Qtrs
Amortization of intangible assets	`AmortizationOfIntangibleAssets`	$4.21M	USD	2 Qtrs
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`	$2.10M	USD	1 Quarter
Deferred income taxes	`DeferredIncomeTaxesAndTaxCredits`	$1.47M	USD	2 Qtrs
Deferred income taxes	`DeferredIncomeTaxesAndTaxCredits`	$1.84M	USD	2 Qtrs
Other, including fixed asset impairments	`OtherNoncashIncomeExpense`	$-111.00K	USD	2 Qtrs
Other, including fixed asset impairments	`OtherNoncashIncomeExpense`	$-302.00K	USD	2 Qtrs
Stockholders equity	`StockholdersEquity`	$1.57B	USD	Point-in-time
Stockholders equity	`StockholdersEquity`	$1.54B	USD	Point-in-time
Stockholders equity	`StockholdersEquity`	$1.59B	USD	Point-in-time
Stockholders equity	`StockholdersEquity`	$1.45B	USD	Point-in-time
Stockholders equity	`StockholdersEquity`	$1.49B	USD	Point-in-time
Stockholders equity	`StockholdersEquity`	$1.44B	USD	Point-in-time
Accounts receivable and interest receivable from university partners	`IncreaseDecreaseInAccountsReceivable`	$-47.31M	USD	2 Qtrs
Accounts receivable and interest receivable from university partners	`IncreaseDecreaseInAccountsReceivable`	$-33.38M	USD	2 Qtrs
Allowance for credit losses	`FinancingReceivableAllowanceForCreditLosses`	$5.00M	USD	Point-in-time
Allowance for credit losses	`FinancingReceivableAllowanceForCreditLosses`	$5.00M	USD	Point-in-time
Allowance for credit losses	`FinancingReceivableAllowanceForCreditLosses`	$5.00M	USD	Point-in-time
Allowance for credit losses	`FinancingReceivableAllowanceForCreditLosses`	$5.00M	USD	Point-in-time
Income tax expense	`IncomeTaxExpenseBenefit`	$38.14M	USD	2 Qtrs
Income tax expense	`IncomeTaxExpenseBenefit`	$35.02M	USD	2 Qtrs
Income tax expense	`IncomeTaxExpenseBenefit`	$15.35M	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$15.04M	USD	1 Quarter
Other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$3.98M	USD	2 Qtrs
Other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$5.23M	USD	2 Qtrs
Right-of-use assets and lease liabilities	`IncreaseDecreaseInOperatingLeaseLiabilitiesRecognizedInExchangeForRightOfUseAssets`	$237.00K	USD	2 Qtrs
Income taxes	`IncomeTaxEffectsAllocatedDirectlyToEquityCumulativeEffectOfChangeInAccountingPrinciple`	$1.17M	USD	1 Quarter
Right-of-use assets and lease liabilities	`IncreaseDecreaseInOperatingLeaseLiabilitiesRecognizedInExchangeForRightOfUseAssets`	$1.08M	USD	2 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayableTrade`	$2.85M	USD	2 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayableTrade`	$6.65M	USD	2 Qtrs
Accrued liabilities	`IncreaseDecreaseInAccruedLiabilities`	$9.27M	USD	2 Qtrs
Accrued liabilities	`IncreaseDecreaseInAccruedLiabilities`	$5.03M	USD	2 Qtrs
Income taxes receivable/payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$32.21M	USD	2 Qtrs
Income taxes receivable/payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$-5.39M	USD	2 Qtrs
Deferred revenue	`IncreaseDecreaseInContractWithCustomerLiabilityExcludingStudentDeposits`	$7.69M	USD	2 Qtrs
Deferred revenue	`IncreaseDecreaseInContractWithCustomerLiabilityExcludingStudentDeposits`	$9.76M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$221.05M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$210.33M	USD	2 Qtrs
Capital expenditures	`PaymentsToAcquireProductiveAssets`	$12.23M	USD	2 Qtrs
Capital expenditures	`PaymentsToAcquireProductiveAssets`	$15.76M	USD	2 Qtrs
Additions of amortizable content	`PaymentsToDevelopEducationResources`	$147.00K	USD	2 Qtrs
Additions of amortizable content	`PaymentsToDevelopEducationResources`	$271.00K	USD	2 Qtrs
Purchases of investments	`PaymentsToAcquireMarketableSecurities`	$51.22M	USD	2 Qtrs
Funding to GCU	`PaymentsToFundNotesReceivable`	$75.00M	USD	2 Qtrs
Funding to GCU	`PaymentsToFundNotesReceivable`	$190.00M	USD	2 Qtrs
Proceeds from sale or maturity of investments	`ProceedsFromSaleAndMaturityOfMarketableSecurities`	$6.80M	USD	2 Qtrs
Proceeds from sale or maturity of investments	`ProceedsFromSaleAndMaturityOfMarketableSecurities`	$17.17M	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-240.09M	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-80.58M	USD	2 Qtrs
Principal payments on notes payable	`RepaymentsOfDebtAndCapitalLeaseObligations`	$16.57M	USD	2 Qtrs
Principal payments on notes payable	`RepaymentsOfDebtAndCapitalLeaseObligations`	$16.57M	USD	2 Qtrs
Net borrowings from revolving line of credit	`ProceedsFromRepaymentsOfLinesOfCredit`	$35.00M	USD	2 Qtrs
Repurchase of common shares including shares withheld in lieu of income taxes	`PaymentsForRepurchaseOfCommonStock`	$74.02M	USD	2 Qtrs
Repurchase of common shares including shares withheld in lieu of income taxes	`PaymentsForRepurchaseOfCommonStock`	$167.67M	USD	2 Qtrs
Net proceeds from exercise of stock options	`ProceedsFromStockOptionsExercised`	$2.68M	USD	2 Qtrs
Net proceeds from exercise of stock options	`ProceedsFromStockOptionsExercised`	$74.00K	USD	2 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-146.56M	USD	2 Qtrs
Net cash used in 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`	$-176.32M	USD	2 Qtrs
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`	$69.45M	USD	Point-in-time
Cash and cash equivalents and restricted cash, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$245.77M	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`	$69.45M	USD	Point-in-time
Cash and cash equivalents and restricted cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$245.77M	USD	Point-in-time
Cash paid for interest	`InterestPaidNet`	$1.66M	USD	2 Qtrs
Cash paid for interest	`InterestPaidNet`	$2.62M	USD	2 Qtrs
Cash paid for income taxes	`IncomeTaxesPaid`	$37.13M	USD	2 Qtrs
Cash paid for income taxes	`IncomeTaxesPaid`	$1.85M	USD	2 Qtrs
Purchases of property and equipment included in accounts payable	`CapitalExpendituresIncurredButNotYetPaid`	$422.00K	USD	2 Qtrs
Purchases of property and equipment included in accounts payable	`CapitalExpendituresIncurredButNotYetPaid`	$2.69M	USD	2 Qtrs
ROU Asset and Liability recognition	`RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability`	$1.72M	USD	2 Qtrs
ROU Asset and Liability recognition	`RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability`	$15.51M	USD	2 Qtrs

Stockholders Equity 30 line items

Line Item	Tag	Value	Unit	Period
Cumulative effect from the adoption of accounting pronouncements, tax	`IncomeTaxEffectsAllocatedDirectlyToEquityCumulativeEffectOfChangeInAccountingPrinciple`	$1.17M	USD	1 Quarter
Beginning Balance	`StockholdersEquity`	$1.57B	USD	Point-in-time
Beginning Balance	`StockholdersEquity`	$1.54B	USD	Point-in-time
Beginning Balance	`StockholdersEquity`	$1.59B	USD	Point-in-time
Beginning Balance	`StockholdersEquity`	$1.45B	USD	Point-in-time
Beginning Balance	`StockholdersEquity`	$1.49B	USD	Point-in-time
Beginning Balance	`StockholdersEquity`	$1.44B	USD	Point-in-time
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$77.99M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$47.01M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$118.39M	USD	2 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$71.39M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$127.39M	USD	2 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$49.40M	USD	1 Quarter
Common stock purchased for treasury	`TreasuryStockValueAcquiredCostMethod`	$60.74M	USD	1 Quarter
Common stock purchased for treasury	`TreasuryStockValueAcquiredCostMethod`	$8.31M	USD	1 Quarter
Common stock purchased for treasury	`TreasuryStockValueAcquiredCostMethod`	$98.33M	USD	1 Quarter
Common stock purchased for treasury	`TreasuryStockValueAcquiredCostMethod`	$63.35M	USD	1 Quarter
Share-based compensation	`StockIssuedDuringPeriodValueShareBasedCompensation`	$2.94M	USD	1 Quarter
Share-based compensation	`StockIssuedDuringPeriodValueShareBasedCompensation`	$-2.31M	USD	1 Quarter
Share-based compensation	`StockIssuedDuringPeriodValueShareBasedCompensation`	$-2.98M	USD	1 Quarter
Share-based compensation	`StockIssuedDuringPeriodValueShareBasedCompensation`	$2.68M	USD	1 Quarter
Exercise of stock options	`StockIssuedDuringPeriodValueStockOptionsExercised`	$2.00K	USD	1 Quarter
Exercise of stock options	`StockIssuedDuringPeriodValueStockOptionsExercised`	$2.68M	USD	1 Quarter
Exercise of stock options	`StockIssuedDuringPeriodValueStockOptionsExercised`	$72.00K	USD	1 Quarter
Ending Balance	`StockholdersEquity`	$1.57B	USD	Point-in-time
Ending Balance	`StockholdersEquity`	$1.54B	USD	Point-in-time
Ending Balance	`StockholdersEquity`	$1.59B	USD	Point-in-time
Ending Balance	`StockholdersEquity`	$1.45B	USD	Point-in-time
Ending Balance	`StockholdersEquity`	$1.49B	USD	Point-in-time
Ending Balance	`StockholdersEquity`	$1.44B	USD	Point-in-time

Comprehensive Income 14 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$49.46M	USD	1 Quarter
Unrealized gains (losses) on available for sale securities, taxes	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax`	$-22.00K	USD	1 Quarter
Net income	`NetIncomeLoss`	$47.01M	USD	1 Quarter
Unrealized gains (losses) on available for sale securities, taxes	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax`	$-57.00K	USD	2 Qtrs
Net income	`NetIncomeLoss`	$127.57M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$118.39M	USD	2 Qtrs
Unrealized losses on available-for-sale securities, net of taxes of $22 for the three months ended June 30, 2021 and $57 for the six months ended June 30, 2020	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-185.00K	USD	2 Qtrs
Unrealized losses on available-for-sale securities, net of taxes of $22 for the three months ended June 30, 2021 and $57 for the six months ended June 30, 2020	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-65.00K	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$77.99M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$47.01M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$118.39M	USD	2 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$71.39M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$127.39M	USD	2 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$49.40M	USD	1 Quarter

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