10-K Filing

GRAND CANYON EDUCATION, INC. CIK: 1434588 FY 2021

Filing Information

Form Type	10-K
Accession Number	`0001558370-22-001269`
Period End Date	20211231
Filing Date	20220216
Fiscal Year	2021
Fiscal Period	FY
XBRL Instance	lope-20211231x10k_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 85 Income Statement 57 Cash Flow Statement 109 Stockholders Equity 20 Comprehensive Income 13

Balance Sheet 85 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`	$600.94M	USD	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
Preferred stock, shares issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Preferred stock, shares outstanding	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Investments	`Investments`	$10.84M	USD	Point-in-time
Investments	`Investments`	-	USD	Point-in-time
Preferred stock, shares outstanding	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$70.06M	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
Accounts receivable, net	`AccountsReceivableNetCurrent`	$62.19M	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 authorized	`CommonStockSharesAuthorized`	100.00M	shares	Point-in-time
Income tax receivable	`IncomeTaxesReceivable`	$1.27M	USD	Point-in-time
Income tax receivable	`IncomeTaxesReceivable`	$1.29M	USD	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
Common stock, shares outstanding	`CommonStockSharesOutstanding`	37.72M	shares	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	46.65M	shares	Point-in-time
Other current assets	`OtherAssetsCurrent`	$8.77M	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$8.64M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$333.74M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$681.04M	USD	Point-in-time
Treasury stock, shares	`TreasuryStockShares`	6.63M	shares	Point-in-time
Treasury stock, shares	`TreasuryStockShares`	15.91M	shares	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$128.66M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$136.12M	USD	Point-in-time
Right-of-use assets	`OperatingLeaseRightOfUseAsset`	$61.02M	USD	Point-in-time
Right-of-use assets	`OperatingLeaseRightOfUseAsset`	$57.65M	USD	Point-in-time
Secured Note receivable, net	`NotesAndLoansReceivableNetNoncurrent`	$964.91M	USD	Point-in-time
Amortizable intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$193.64M	USD	Point-in-time
Amortizable intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$185.22M	USD	Point-in-time
Goodwill	`Goodwill`	$160.77M	USD	Point-in-time
Goodwill	`Goodwill`	$160.77M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$1.94M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$1.84M	USD	Point-in-time
Total assets	`Assets`	$1.84B	USD	Point-in-time
Total assets	`Assets`	$1.22B	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$16.58M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$24.31M	USD	Point-in-time
Accrued compensation and benefits	`EmployeeRelatedLiabilitiesCurrent`	$34.25M	USD	Point-in-time
Accrued compensation and benefits	`EmployeeRelatedLiabilitiesCurrent`	$32.71M	USD	Point-in-time
Accrued liabilities	`AccruedLiabilitiesCurrent`	$21.95M	USD	Point-in-time
Accrued liabilities	`AccruedLiabilitiesCurrent`	$27.59M	USD	Point-in-time
Income taxes payable	`AccruedIncomeTaxesCurrent`	$5.41M	USD	Point-in-time
Income taxes payable	`AccruedIncomeTaxesCurrent`	$5.89M	USD	Point-in-time
Deferred revenue	`ContractWithCustomerLiabilityCurrent`	$10.00K	USD	Point-in-time
Current portion of lease liability	`OperatingLeaseLiabilityCurrent`	$7.43M	USD	Point-in-time
Current portion of lease liability	`OperatingLeaseLiabilityCurrent`	$7.39M	USD	Point-in-time
Current portion of notes payable	`NotesPayableCurrent`	$33.14M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$97.94M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$118.72M	USD	Point-in-time
Deferred income taxes, noncurrent	`DeferredIncomeTaxLiabilitiesNet`	$25.96M	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`	$37.00K	USD	Point-in-time
Lease liability, less current portion	`OperatingLeaseLiabilityNoncurrent`	$56.61M	USD	Point-in-time
Lease liability, less current portion	`OperatingLeaseLiabilityNoncurrent`	$53.76M	USD	Point-in-time
Notes payable, less current portion	`LongTermNotesPayable`	$74.63M	USD	Point-in-time
Total liabilities	`Liabilities`	$177.70M	USD	Point-in-time
Total liabilities	`Liabilities`	$270.25M	USD	Point-in-time
Commitments and contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Preferred stock, $0.01 par value, 10,000 shares authorized; 0 shares issued and outstanding at December 31, 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 December 31, 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 37,722 and 46,649 shares outstanding at December 31, 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 37,722 and 46,649 shares outstanding at December 31, 2021 and December 31, 2020, respectively	`CommonStockValue`	$533.00K	USD	Point-in-time
Treasury stock, at cost, 15,915 and 6,628 shares of common stock at December 31, 2021 and December 31, 2020, respectively	`TreasuryStockValue`	$303.38M	USD	Point-in-time
Treasury stock, at cost, 15,915 and 6,628 shares of common stock at December 31, 2021 and December 31, 2020, respectively	`TreasuryStockValue`	$1.11B	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$296.67M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$282.47M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$1.86B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$1.59B	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$1.21B	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$1.57B	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$1.44B	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$1.05B	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$1.22B	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$1.84B	USD	Point-in-time

Income Statement 57 line items

Line Item	Tag	Value	Unit	Period
Service revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$778.64M	USD	Annual
Service revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$844.10M	USD	Annual
Service revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$213.25M	USD	1 Quarter
Service revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$896.56M	USD	Annual
Technology and academic services	`TechnologyAndAcademicServices`	$132.08M	USD	Annual
Technology and academic services	`TechnologyAndAcademicServices`	$116.01M	USD	Annual
Technology and academic services	`TechnologyAndAcademicServices`	$90.51M	USD	Annual
Counseling services and support	`CounselingServicesAndSupport`	$223.60M	USD	Annual
Counseling services and support	`CounselingServicesAndSupport`	$249.18M	USD	Annual
Counseling services and support	`CounselingServicesAndSupport`	$234.53M	USD	Annual
Marketing and communication	`MarketingExpense`	$142.90M	USD	Annual
Marketing and communication	`MarketingExpense`	$164.33M	USD	Annual
Marketing and communication	`MarketingExpense`	$182.87M	USD	Annual
General and administrative	`GeneralAndAdministrativeExpense`	$43.36M	USD	Annual
General and administrative	`GeneralAndAdministrativeExpense`	$41.83M	USD	Annual
General and administrative	`GeneralAndAdministrativeExpense`	$44.32M	USD	Annual
Amortization of intangible assets	`AmortizationOfIntangibleAssets`	$8.42M	USD	Annual
Amortization of intangible assets	`AmortizationOfIntangibleAssets`	$8.42M	USD	Annual
Amortization of intangible assets	`AmortizationOfIntangibleAssets`	$8.22M	USD	Annual
Loss on transaction	`LossOnTransaction`	$3.97M	USD	Annual
Total costs and expenses	`CostsAndExpenses`	$614.37M	USD	Annual
Total costs and expenses	`CostsAndExpenses`	$566.66M	USD	Annual
Total costs and expenses	`CostsAndExpenses`	$513.51M	USD	Annual
Operating income	`OperatingIncomeLoss`	$265.13M	USD	Annual
Operating income	`OperatingIncomeLoss`	$282.19M	USD	Annual
Operating income	`OperatingIncomeLoss`	$277.44M	USD	Annual
Interest income on Secured Note	`InterestIncomeOnNoteReceivable`	$52.09M	USD	Annual
Interest income on Secured Note	`InterestIncomeOnNoteReceivable`	$59.19M	USD	Annual
Interest income on Secured Note	`InterestIncomeOnNoteReceivable`	$59.30M	USD	Annual
Interest expense	`InterestExpense`	$3.60M	USD	Annual
Interest expense	`InterestExpense`	$11.31M	USD	Annual
Interest expense	`InterestExpense`	$4.40M	USD	Annual
Investment interest and other	`InvestmentIncomeNonoperating`	$4.38M	USD	Annual
Investment interest and other	`InvestmentIncomeNonoperating`	$610.00K	USD	Annual
Investment interest and other	`InvestmentIncomeNonoperating`	$915.00K	USD	Annual
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$331.29M	USD	Annual
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$333.14M	USD	Annual
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$317.50M	USD	Annual
Income tax expense	`IncomeTaxExpenseBenefit`	$75.94M	USD	Annual
Income tax expense	`IncomeTaxExpenseBenefit`	$70.94M	USD	Annual
Income tax expense	`IncomeTaxExpenseBenefit`	$58.33M	USD	Annual
Net income	`NetIncomeLoss`	$259.18M	USD	Annual
Net income	`NetIncomeLoss`	$260.34M	USD	Annual
Net income	`NetIncomeLoss`	$76.67M	USD	1 Quarter
Net income	`NetIncomeLoss`	$257.20M	USD	Annual
Basic income per share	`EarningsPerShareBasic`	$5.94	USD	Annual
Basic income per share	`EarningsPerShareBasic`	$5.42	USD	Annual
Basic income per share	`EarningsPerShareBasic`	$5.49	USD	Annual
Diluted income per share	`EarningsPerShareDiluted`	$5.45	USD	Annual
Diluted income per share	`EarningsPerShareDiluted`	$5.92	USD	Annual
Diluted income per share	`EarningsPerShareDiluted`	$5.37	USD	Annual
Basic weighted average shares outstanding	`WeightedAverageNumberOfSharesOutstandingBasic`	47.81M	shares	Annual
Basic weighted average shares outstanding	`WeightedAverageNumberOfSharesOutstandingBasic`	46.88M	shares	Annual
Basic weighted average shares outstanding	`WeightedAverageNumberOfSharesOutstandingBasic`	43.84M	shares	Annual
Diluted weighted average shares outstanding	`WeightedAverageNumberOfDilutedSharesOutstanding`	47.16M	shares	Annual
Diluted weighted average shares outstanding	`WeightedAverageNumberOfDilutedSharesOutstanding`	48.27M	shares	Annual
Diluted weighted average shares outstanding	`WeightedAverageNumberOfDilutedSharesOutstanding`	43.96M	shares	Annual

Cash Flow Statement 109 line items

Line Item	Tag	Value	Unit	Period
Net income	`ProfitLoss`	$260.34M	USD	Annual
Net income	`ProfitLoss`	$257.20M	USD	Annual
Net income	`ProfitLoss`	$259.18M	USD	Annual
Share-based compensation	`AllocatedShareBasedCompensationExpense`	$10.30M	USD	Annual
Share-based compensation	`AllocatedShareBasedCompensationExpense`	$11.53M	USD	Annual
Share-based compensation	`AllocatedShareBasedCompensationExpense`	$10.66M	USD	Annual
Reversal of credit loss reserve	`ProvisionForDoubtfulAccounts`	$-5.00M	USD	Annual
Depreciation and amortization	`DepreciationAndAmortizationExcludingIntangibleAssets`	$21.23M	USD	Annual
Depreciation and amortization	`DepreciationAndAmortizationExcludingIntangibleAssets`	$18.70M	USD	Annual
Depreciation and amortization	`DepreciationAndAmortizationExcludingIntangibleAssets`	$21.99M	USD	Annual
Amortization of intangible assets	`AmortizationOfIntangibleAssets`	$8.42M	USD	Annual
Amortization of intangible assets	`AmortizationOfIntangibleAssets`	$8.42M	USD	Annual
Amortization of intangible assets	`AmortizationOfIntangibleAssets`	$8.22M	USD	Annual
Deferred income taxes	`DeferredIncomeTaxesAndTaxCredits`	$1.67M	USD	Annual
Deferred income taxes	`DeferredIncomeTaxesAndTaxCredits`	$5.67M	USD	Annual
Deferred income taxes	`DeferredIncomeTaxesAndTaxCredits`	$3.14M	USD	Annual
Allowance for credit losses	`FinancingReceivableAllowanceForCreditLosses`	$5.00M	USD	Point-in-time
Loss on transaction	`GainLossOnTransactionNetOfCostsAndAssetImpairment`	$-3.97M	USD	Annual
Other, including fixed asset impairments	`OtherNoncashIncomeExpense`	$335.00K	USD	Annual
Other, including fixed asset impairments	`OtherNoncashIncomeExpense`	$-571.00K	USD	Annual
Other, including fixed asset impairments	`OtherNoncashIncomeExpense`	$-677.00K	USD	Annual
Accounts receivable and interest receivable from university partners	`IncreaseDecreaseInAccountsReceivable`	$13.25M	USD	Annual
Accounts receivable and interest receivable from university partners	`IncreaseDecreaseInAccountsReceivable`	$2.86M	USD	Annual
Accounts receivable and interest receivable from university partners	`IncreaseDecreaseInAccountsReceivable`	$-766.00K	USD	Annual
Other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$256.00K	USD	Annual
Other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$621.00K	USD	Annual
Other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-2.14M	USD	Annual
Right-of-use assets and lease liabilities	`IncreaseDecreaseInOperatingLeaseLiabilitiesRecognizedInExchangeForRightOfUseAssets`	$2.15M	USD	Annual
Right-of-use assets and lease liabilities	`IncreaseDecreaseInOperatingLeaseLiabilitiesRecognizedInExchangeForRightOfUseAssets`	$545.00K	USD	Annual
Right-of-use assets and lease liabilities	`IncreaseDecreaseInOperatingLeaseLiabilitiesRecognizedInExchangeForRightOfUseAssets`	$833.00K	USD	Annual
Accounts payable	`IncreaseDecreaseInAccountsPayableTrade`	$1.01M	USD	Annual
Accounts payable	`IncreaseDecreaseInAccountsPayableTrade`	$7.39M	USD	Annual
Accounts payable	`IncreaseDecreaseInAccountsPayableTrade`	$-3.10M	USD	Annual
Accrued liabilities	`IncreaseDecreaseInAccruedLiabilities`	$4.15M	USD	Annual
Accrued liabilities	`IncreaseDecreaseInAccruedLiabilities`	$18.61M	USD	Annual
Accrued liabilities	`IncreaseDecreaseInAccruedLiabilities`	$5.08M	USD	Annual
Income taxes receivable/payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$509.00K	USD	Annual
Income taxes receivable/payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$-279.00K	USD	Annual
Income taxes receivable/payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$-1.04M	USD	Annual
Student deposits	`IncreaseDecreaseInContractWithCustomerLiabilityStudentDeposits`	$-25.00K	USD	Annual
Deferred revenue	`IncreaseDecreaseInContractWithCustomerLiabilityExcludingStudentDeposits`	$-20.00K	USD	Annual
Deferred revenue	`IncreaseDecreaseInContractWithCustomerLiabilityExcludingStudentDeposits`	$10.00K	USD	Annual
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$306.34M	USD	Annual
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$308.82M	USD	Annual
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$313.12M	USD	Annual
Capital expenditures	`PaymentsToAcquireProductiveAssets`	$28.88M	USD	Annual
Capital expenditures	`PaymentsToAcquireProductiveAssets`	$29.42M	USD	Annual
Capital expenditures	`PaymentsToAcquireProductiveAssets`	$22.39M	USD	Annual
Additions of amortizable content	`PaymentsToDevelopEducationResources`	$524.00K	USD	Annual
Additions of amortizable content	`PaymentsToDevelopEducationResources`	$260.00K	USD	Annual
Additions of amortizable content	`PaymentsToDevelopEducationResources`	$515.00K	USD	Annual
Acquisition, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$361.18M	USD	Annual
Funding to GCU	`PaymentsToFundNotesReceivable`	$75.00M	USD	Annual
Funding to GCU	`PaymentsToFundNotesReceivable`	$169.82M	USD	Annual
Funding to GCU	`PaymentsToFundNotesReceivable`	$190.00M	USD	Annual
Repayment by GCU	`ProceedsFromCollectionOfNotesReceivable`	$500.00M	USD	Point-in-time
Repayment by GCU	`ProceedsFromCollectionOfNotesReceivable`	$1.16B	USD	Annual
Repayment by GCU	`ProceedsFromCollectionOfNotesReceivable`	$75.00M	USD	Annual
Repayment by GCU	`ProceedsFromCollectionOfNotesReceivable`	$100.00M	USD	Annual
Purchases of investments	`PaymentsToAcquireMarketableSecurities`	$9.38M	USD	Annual
Purchases of investments	`PaymentsToAcquireMarketableSecurities`	$56.34M	USD	Annual
Proceeds from sale or maturity of investments	`ProceedsFromSaleAndMaturityOfMarketableSecurities`	$10.59M	USD	Annual
Proceeds from sale or maturity of investments	`ProceedsFromSaleAndMaturityOfMarketableSecurities`	$66.79M	USD	Annual
Proceeds from sale or maturity of investments	`ProceedsFromSaleAndMaturityOfMarketableSecurities`	$57.16M	USD	Annual
Net cash provided by (used in) investing activities	`NetCashProvidedByUsedInInvestingActivities`	$950.98M	USD	Annual
Net cash provided by (used in) investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-19.35M	USD	Annual
Net cash provided by (used in) investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-405.88M	USD	Annual
Principal payments on notes payable	`RepaymentsOfDebtAndCapitalLeaseObligations`	$33.14M	USD	Annual
Principal payments on notes payable	`RepaymentsOfDebtAndCapitalLeaseObligations`	$92.43M	USD	Annual
Principal payments on notes payable	`RepaymentsOfDebtAndCapitalLeaseObligations`	$107.77M	USD	Annual
Debt issuance costs	`PaymentsOfDebtIssuanceCosts`	$2.38M	USD	Annual
Proceeds from notes payable	`ProceedsFromNotesPayable`	$243.75M	USD	Annual
Net borrowings from revolving line of credit	`ProceedsFromRepaymentsOfLinesOfCredit`	$-68.75M	USD	Annual
Repurchase of common shares including shares withheld in lieu of income taxes	`PaymentsForRepurchaseOfCommonStock`	$134.01M	USD	Annual
Repurchase of common shares including shares withheld in lieu of income taxes	`PaymentsForRepurchaseOfCommonStock`	$43.91M	USD	Annual
Repurchase of common shares including shares withheld in lieu of income taxes	`PaymentsForRepurchaseOfCommonStock`	$803.83M	USD	Annual
Net proceeds from exercise of stock options	`ProceedsFromStockOptionsExercised`	$883.00K	USD	Annual
Net proceeds from exercise of stock options	`ProceedsFromStockOptionsExercised`	$3.82M	USD	Annual
Net proceeds from exercise of stock options	`ProceedsFromStockOptionsExercised`	$2.68M	USD	Annual
Net cash (used in) provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$40.09M	USD	Annual
Net cash (used in) provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-908.93M	USD	Annual
Net cash (used in) provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-166.28M	USD	Annual
Net increase (decrease) in cash and cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-59.44M	USD	Annual
Net increase (decrease) in cash and cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$123.20M	USD	Annual
Net increase (decrease) in cash and cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$355.17M	USD	Annual
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`	$245.77M	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`	$600.94M	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`	$245.77M	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`	$600.94M	USD	Point-in-time
Cash paid for interest	`InterestPaidNet`	$3.70M	USD	Annual
Cash paid for interest	`InterestPaidNet`	$4.31M	USD	Annual
Cash paid for interest	`InterestPaidNet`	$11.52M	USD	Annual
Cash paid for income taxes	`IncomeTaxesPaid`	$61.90M	USD	Annual
Cash paid for income taxes	`IncomeTaxesPaid`	$59.90M	USD	Annual
Cash paid for income taxes	`IncomeTaxesPaid`	$68.38M	USD	Annual
Purchases of property and equipment included in accounts payable	`CapitalExpendituresIncurredButNotYetPaid`	$469.00K	USD	Annual
Purchases of property and equipment included in accounts payable	`CapitalExpendituresIncurredButNotYetPaid`	$1.21M	USD	Annual
Purchases of property and equipment included in accounts payable	`CapitalExpendituresIncurredButNotYetPaid`	$1.54M	USD	Annual
Allowance for credit losses, net of tax	`FinancingReceivableCreditLossExpenseReversalNetOfTax`	$3.83M	USD	Annual
Lease adoption - recognition of right of use assets and lease liabilities	`GrossUpOfRightOfUseAssetsAndLeaseLiabilitiesAdoptionOfAsu201602`	$498.00K	USD	Annual
ROU Asset and Liability recognition	`RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability`	$3.37M	USD	Annual
ROU Asset and Liability recognition	`RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability`	$14.20M	USD	Annual
ROU Asset and Liability recognition	`RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability`	$33.25M	USD	Annual
Reclassification of interest rate corridor due to expiration	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationBeforeTax`	$1.10M	USD	Annual
Reclassification of interest rate corridor due to expiration	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationBeforeTax`	$1.10M	USD	Point-in-time

Stockholders Equity 20 line items

Line Item	Tag	Value	Unit	Period
Beginning Balance	`StockholdersEquity`	$1.21B	USD	Point-in-time
Beginning Balance	`StockholdersEquity`	$1.57B	USD	Point-in-time
Beginning Balance	`StockholdersEquity`	$1.44B	USD	Point-in-time
Beginning Balance	`StockholdersEquity`	$1.05B	USD	Point-in-time
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$259.63M	USD	Annual
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$257.20M	USD	Annual
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$260.34M	USD	Annual
Common stock purchased for treasury	`TreasuryStockValueAcquiredCostMethod`	$35.79M	USD	Annual
Common stock purchased for treasury	`TreasuryStockValueAcquiredCostMethod`	$129.04M	USD	Annual
Common stock purchased for treasury	`TreasuryStockValueAcquiredCostMethod`	$797.84M	USD	Annual
Share-based compensation	`StockIssuedDuringPeriodValueShareBasedCompensation`	$5.69M	USD	Annual
Share-based compensation	`StockIssuedDuringPeriodValueShareBasedCompensation`	$5.53M	USD	Annual
Share-based compensation	`StockIssuedDuringPeriodValueShareBasedCompensation`	$2.17M	USD	Annual
Exercise of stock options	`StockIssuedDuringPeriodValueStockOptionsExercised`	$2.68M	USD	Annual
Exercise of stock options	`StockIssuedDuringPeriodValueStockOptionsExercised`	$883.00K	USD	Annual
Exercise of stock options	`StockIssuedDuringPeriodValueStockOptionsExercised`	$3.82M	USD	Annual
Ending Balance	`StockholdersEquity`	$1.21B	USD	Point-in-time
Ending Balance	`StockholdersEquity`	$1.57B	USD	Point-in-time
Ending Balance	`StockholdersEquity`	$1.44B	USD	Point-in-time
Ending Balance	`StockholdersEquity`	$1.05B	USD	Point-in-time

Comprehensive Income 13 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$259.18M	USD	Annual
Net income	`NetIncomeLoss`	$260.34M	USD	Annual
Net income	`NetIncomeLoss`	$76.67M	USD	1 Quarter
Net income	`NetIncomeLoss`	$257.20M	USD	Annual
Unrealized losses on hedging derivatives, taxes	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationTax`	$107.00K	USD	Annual
Reclassification of expired interest rate corridor to interest expense, tax	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationTax`	$257.00K	USD	Annual
Unrealized losses on hedging derivative, net of taxes of $107 for the year ended December 31, 2019	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax`	-	USD	Annual
Unrealized losses on hedging derivative, net of taxes of $107 for the year ended December 31, 2019	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax`	-	USD	Annual
Unrealized losses on hedging derivative, net of taxes of $107 for the year ended December 31, 2019	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax`	$-390.00K	USD	Annual
Reclassification of expired interest rate corridor to interest expense, net of taxes of $257 for the year ended December 31, 2019	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax`	$-843.00K	USD	Annual
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$259.63M	USD	Annual
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$257.20M	USD	Annual
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$260.34M	USD	Annual

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