10-Q Filing

GRAND CANYON EDUCATION, INC. CIK: 1434588 Q3 2022

Filing Information

Form Type	10-Q
Accession Number	`0001558370-22-015501`
Period End Date	20220930
Filing Date	20221027
Fiscal Year	2022
Fiscal Period	Q3
XBRL Instance	lope-20220930x10q_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 87 Income Statement 69 Cash Flow Statement 67 Stockholders Equity 41 Comprehensive Income 18

Balance Sheet 87 line items

Line Item	Tag	Value	Unit	Period
Preferred stock, par value	`PreferredStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Preferred stock, par value	`PreferredStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Preferred stock, shares authorized	`PreferredStockSharesAuthorized`	10.00M	shares	Point-in-time
Preferred stock, shares authorized	`PreferredStockSharesAuthorized`	10.00M	shares	Point-in-time
Preferred stock, shares issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$39.89M	USD	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
Preferred stock, shares outstanding	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Investments	`AvailableForSaleSecuritiesDebtSecuritiesCurrent`	$68.40M	USD	Point-in-time
Preferred stock, shares outstanding	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Investments	`AvailableForSaleSecuritiesDebtSecuritiesCurrent`	-	USD	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$101.17M	USD	Point-in-time
Common stock, par value	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$70.06M	USD	Point-in-time
Common stock, par value	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Income tax receivable	`IncomeTaxesReceivable`	$3.59M	USD	Point-in-time
Income tax receivable	`IncomeTaxesReceivable`	$1.27M	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
Other current assets	`OtherAssetsCurrent`	$10.18M	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$8.77M	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	53.83M	shares	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	37.72M	shares	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	31.38M	shares	Point-in-time
Total current assets	`AssetsCurrent`	$223.23M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$681.04M	USD	Point-in-time
Treasury stock, common shares	`TreasuryStockCommonShares`	22.45M	shares	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$144.87M	USD	Point-in-time
Treasury stock, common shares	`TreasuryStockCommonShares`	15.91M	shares	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$136.12M	USD	Point-in-time
Right-of-use assets	`OperatingLeaseRightOfUseAsset`	$75.09M	USD	Point-in-time
Right-of-use assets	`OperatingLeaseRightOfUseAsset`	$57.65M	USD	Point-in-time
Amortizable intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$178.90M	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`	$1.68M	USD	Point-in-time
Total assets	`Assets`	$1.22B	USD	Point-in-time
Total assets	`Assets`	$784.54M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$18.83M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$24.31M	USD	Point-in-time
Accrued compensation and benefits	`EmployeeRelatedLiabilitiesCurrent`	$32.71M	USD	Point-in-time
Accrued compensation and benefits	`EmployeeRelatedLiabilitiesCurrent`	$33.10M	USD	Point-in-time
Accrued liabilities	`AccruedLiabilitiesCurrent`	$28.96M	USD	Point-in-time
Accrued liabilities	`AccruedLiabilitiesCurrent`	$27.59M	USD	Point-in-time
Income taxes payable	`AccruedIncomeTaxesCurrent`	$5.89M	USD	Point-in-time
Income taxes payable	`AccruedIncomeTaxesCurrent`	$37.00K	USD	Point-in-time
Deferred revenue	`ContractWithCustomerLiabilityCurrent`	$10.00K	USD	Point-in-time
Deferred revenue	`ContractWithCustomerLiabilityCurrent`	$6.10M	USD	Point-in-time
Current portion of notes payable	`NotesPayableCurrent`	$7.43M	USD	Point-in-time
Current portion of notes payable	`NotesPayableCurrent`	$8.55M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$95.59M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$97.94M	USD	Point-in-time
Deferred income taxes, noncurrent	`DeferredIncomeTaxLiabilitiesNet`	$26.20M	USD	Point-in-time
Deferred income taxes, noncurrent	`DeferredIncomeTaxLiabilitiesNet`	$25.96M	USD	Point-in-time
Other long-term liability	`OtherLiabilitiesNoncurrent`	$442.00K	USD	Point-in-time
Other long-term liability	`OtherLiabilitiesNoncurrent`	$37.00K	USD	Point-in-time
Notes payable, less current portion	`LongTermNotesPayable`	$53.76M	USD	Point-in-time
Notes payable, less current portion	`LongTermNotesPayable`	$70.76M	USD	Point-in-time
Total liabilities	`Liabilities`	$177.70M	USD	Point-in-time
Total liabilities	`Liabilities`	$192.99M	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, 2022 and December 31, 2021	`PreferredStockValue`	-	USD	Point-in-time
Preferred stock, $0.01 par value, 10,000 shares authorized; 0 shares issued and outstanding at September 30, 2022 and December 31, 2021	`PreferredStockValue`	-	USD	Point-in-time
Common stock, $0.01 par value, 100,000 shares authorized; 53,830 and 53,637 shares issued and 31,377 and 37,722 shares outstanding at September 30, 2022 and December 31, 2021, respectively	`CommonStockValue`	$538.00K	USD	Point-in-time
Common stock, $0.01 par value, 100,000 shares authorized; 53,830 and 53,637 shares issued and 31,377 and 37,722 shares outstanding at September 30, 2022 and December 31, 2021, respectively	`CommonStockValue`	$536.00K	USD	Point-in-time
Treasury stock, at cost, 22,453 and 15,915 shares of common stock at September 30, 2022 and December 31, 2021, respectively	`TreasuryStockCommonValue`	$1.68B	USD	Point-in-time
Treasury stock, at cost, 22,453 and 15,915 shares of common stock at September 30, 2022 and December 31, 2021, respectively	`TreasuryStockCommonValue`	$1.11B	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$306.15M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$296.67M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-417.00K	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$1.97B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$1.86B	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$1.40B	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$1.54B	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$606.64M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$1.05B	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$706.44M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$1.57B	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$1.59B	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$591.56M	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$1.22B	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$784.54M	USD	Point-in-time

Income Statement 69 line items

Line Item	Tag	Value	Unit	Period
Service revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$206.77M	USD	1 Quarter
Service revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$645.19M	USD	3 Qtrs
Service revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$652.61M	USD	3 Qtrs
Service revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$208.72M	USD	1 Quarter
Technology and academic services	`TechnologyAndAcademicServices`	$112.14M	USD	3 Qtrs
Technology and academic services	`TechnologyAndAcademicServices`	$37.64M	USD	1 Quarter
Technology and academic services	`TechnologyAndAcademicServices`	$101.26M	USD	3 Qtrs
Technology and academic services	`TechnologyAndAcademicServices`	$35.54M	USD	1 Quarter
Counseling services and support	`CounselingServicesAndSupport`	$62.21M	USD	1 Quarter
Counseling services and support	`CounselingServicesAndSupport`	$67.23M	USD	1 Quarter
Counseling services and support	`CounselingServicesAndSupport`	$184.38M	USD	3 Qtrs
Counseling services and support	`CounselingServicesAndSupport`	$200.77M	USD	3 Qtrs
Marketing and communication	`MarketingExpense`	$151.24M	USD	3 Qtrs
Marketing and communication	`MarketingExpense`	$47.15M	USD	1 Quarter
Marketing and communication	`MarketingExpense`	$50.65M	USD	1 Quarter
Marketing and communication	`MarketingExpense`	$140.33M	USD	3 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$35.32M	USD	3 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$15.58M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$33.11M	USD	3 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$14.45M	USD	1 Quarter
Amortization of intangible assets	`AmortizationOfIntangibleAssets`	$6.32M	USD	3 Qtrs
Amortization of intangible assets	`AmortizationOfIntangibleAssets`	$2.10M	USD	1 Quarter
Amortization of intangible assets	`AmortizationOfIntangibleAssets`	$2.10M	USD	1 Quarter
Amortization of intangible assets	`AmortizationOfIntangibleAssets`	$6.32M	USD	3 Qtrs
Total costs and expenses	`CostsAndExpenses`	$465.40M	USD	3 Qtrs
Total costs and expenses	`CostsAndExpenses`	$173.21M	USD	1 Quarter
Total costs and expenses	`CostsAndExpenses`	$161.45M	USD	1 Quarter
Total costs and expenses	`CostsAndExpenses`	$505.78M	USD	3 Qtrs
Operating income	`OperatingIncomeLoss`	$146.82M	USD	3 Qtrs
Operating income	`OperatingIncomeLoss`	$45.32M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$35.51M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$179.79M	USD	3 Qtrs
Interest income on Secured Note	`InterestIncomeOnNoteReceivable`	$44.35M	USD	3 Qtrs
Interest income on Secured Note	`InterestIncomeOnNoteReceivable`	$15.03M	USD	1 Quarter
Interest expense	`InterestExpense`	$2.30M	USD	3 Qtrs
Interest expense	`InterestExpense`	$741.00K	USD	1 Quarter
Interest expense	`InterestExpense`	$5.00K	USD	3 Qtrs
Investment interest and other	`InvestmentIncomeNonoperating`	$577.00K	USD	3 Qtrs
Investment interest and other	`InvestmentIncomeNonoperating`	$218.00K	USD	1 Quarter
Investment interest and other	`InvestmentIncomeNonoperating`	$1.29M	USD	3 Qtrs
Investment interest and other	`InvestmentIncomeNonoperating`	$745.00K	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$36.26M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$148.11M	USD	3 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$59.82M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$222.42M	USD	3 Qtrs
Income tax expense	`IncomeTaxExpenseBenefit`	$12.17M	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$6.25M	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$34.46M	USD	3 Qtrs
Income tax expense	`IncomeTaxExpenseBenefit`	$47.19M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$47.66M	USD	1 Quarter
Net income	`NetIncomeLoss`	$113.65M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$175.23M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$30.01M	USD	1 Quarter
Basic income per share	`EarningsPerShareBasic`	$3.48	USD	3 Qtrs
Basic income per share	`EarningsPerShareBasic`	$0.96	USD	1 Quarter
Basic income per share	`EarningsPerShareBasic`	$1.08	USD	1 Quarter
Basic income per share	`EarningsPerShareBasic`	$3.87	USD	3 Qtrs
Diluted income per share	`EarningsPerShareDiluted`	$3.47	USD	3 Qtrs
Diluted income per share	`EarningsPerShareDiluted`	$3.86	USD	3 Qtrs
Diluted income per share	`EarningsPerShareDiluted`	$0.96	USD	1 Quarter
Diluted income per share	`EarningsPerShareDiluted`	$1.08	USD	1 Quarter
Basic weighted average shares outstanding	`WeightedAverageNumberOfSharesOutstandingBasic`	45.27M	shares	3 Qtrs
Basic weighted average shares outstanding	`WeightedAverageNumberOfSharesOutstandingBasic`	44.21M	shares	1 Quarter
Basic weighted average shares outstanding	`WeightedAverageNumberOfSharesOutstandingBasic`	32.62M	shares	3 Qtrs
Basic weighted average shares outstanding	`WeightedAverageNumberOfSharesOutstandingBasic`	31.30M	shares	1 Quarter
Diluted weighted average shares outstanding	`WeightedAverageNumberOfDilutedSharesOutstanding`	32.71M	shares	3 Qtrs
Diluted weighted average shares outstanding	`WeightedAverageNumberOfDilutedSharesOutstanding`	31.39M	shares	1 Quarter
Diluted weighted average shares outstanding	`WeightedAverageNumberOfDilutedSharesOutstanding`	45.40M	shares	3 Qtrs
Diluted weighted average shares outstanding	`WeightedAverageNumberOfDilutedSharesOutstanding`	44.30M	shares	1 Quarter

Cash Flow Statement 67 line items

Line Item	Tag	Value	Unit	Period
Net income	`ProfitLoss`	$113.65M	USD	3 Qtrs
Net income	`ProfitLoss`	$175.23M	USD	3 Qtrs
Share-based compensation	`AllocatedShareBasedCompensationExpense`	$9.48M	USD	3 Qtrs
Share-based compensation	`AllocatedShareBasedCompensationExpense`	$8.71M	USD	3 Qtrs
Depreciation and amortization	`DepreciationAndAmortizationExcludingIntangibleAssets`	$17.02M	USD	3 Qtrs
Depreciation and amortization	`DepreciationAndAmortizationExcludingIntangibleAssets`	$16.40M	USD	3 Qtrs
Amortization of intangible assets	`AmortizationOfIntangibleAssets`	$6.32M	USD	3 Qtrs
Amortization of intangible assets	`AmortizationOfIntangibleAssets`	$2.10M	USD	1 Quarter
Amortization of intangible assets	`AmortizationOfIntangibleAssets`	$2.10M	USD	1 Quarter
Amortization of intangible assets	`AmortizationOfIntangibleAssets`	$6.32M	USD	3 Qtrs
Deferred income taxes	`DeferredIncomeTaxesAndTaxCredits`	$368.00K	USD	3 Qtrs
Deferred income taxes	`DeferredIncomeTaxesAndTaxCredits`	$2.33M	USD	3 Qtrs
Other, including fixed asset impairments	`OtherNoncashIncomeExpense`	$-1.01M	USD	3 Qtrs
Other, including fixed asset impairments	`OtherNoncashIncomeExpense`	$-478.00K	USD	3 Qtrs
Accounts receivable and interest receivable from university partners	`IncreaseDecreaseInAccountsReceivable`	$31.11M	USD	3 Qtrs
Accounts receivable and interest receivable from university partners	`IncreaseDecreaseInAccountsReceivable`	$32.81M	USD	3 Qtrs
Other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$2.45M	USD	3 Qtrs
Other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$1.29M	USD	3 Qtrs
Right-of-use assets and lease liabilities	`IncreaseDecreaseInOperatingLeaseLiabilitiesRecognizedInExchangeForRightOfUseAssets`	$445.00K	USD	3 Qtrs
Right-of-use assets and lease liabilities	`IncreaseDecreaseInOperatingLeaseLiabilitiesRecognizedInExchangeForRightOfUseAssets`	$700.00K	USD	3 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayableTrade`	$23.49M	USD	3 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayableTrade`	$-5.77M	USD	3 Qtrs
Accrued liabilities	`IncreaseDecreaseInAccruedLiabilities`	$13.36M	USD	3 Qtrs
Accrued liabilities	`IncreaseDecreaseInAccruedLiabilities`	$2.16M	USD	3 Qtrs
Income taxes receivable/payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$-8.17M	USD	3 Qtrs
Income taxes receivable/payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$-5.81M	USD	3 Qtrs
Deferred revenue	`IncreaseDecreaseInContractWithCustomerLiabilityExcludingStudentDeposits`	$6.09M	USD	3 Qtrs
Deferred revenue	`IncreaseDecreaseInContractWithCustomerLiabilityExcludingStudentDeposits`	$3.20M	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$110.47M	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$208.90M	USD	3 Qtrs
Capital expenditures	`PaymentsToAcquireProductiveAssets`	$21.35M	USD	3 Qtrs
Capital expenditures	`PaymentsToAcquireProductiveAssets`	$26.30M	USD	3 Qtrs
Additions of amortizable content	`PaymentsToDevelopEducationResources`	$294.00K	USD	3 Qtrs
Additions of amortizable content	`PaymentsToDevelopEducationResources`	$409.00K	USD	3 Qtrs
Funding to GCU	`PaymentsToFundNotesReceivable`	$190.00M	USD	3 Qtrs
Repayment by GCU	`ProceedsFromCollectionOfNotesReceivable`	$500.00M	USD	Point-in-time
Repayment by GCU	`ProceedsFromCollectionOfNotesReceivable`	$190.00M	USD	3 Qtrs
Purchases of investments	`PaymentsToAcquireMarketableSecurities`	$56.34M	USD	3 Qtrs
Purchases of investments	`PaymentsToAcquireMarketableSecurities`	$132.10M	USD	3 Qtrs
Proceeds from sale or maturity of investments	`ProceedsFromSaleAndMaturityOfMarketableSecurities`	$63.37M	USD	3 Qtrs
Proceeds from sale or maturity of investments	`ProceedsFromSaleAndMaturityOfMarketableSecurities`	$66.79M	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-95.32M	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-11.30M	USD	3 Qtrs
Principal payments on notes payable	`RepaymentsOfDebtAndCapitalLeaseObligations`	$24.86M	USD	3 Qtrs
Repurchase of common shares and shares withheld in lieu of income taxes	`PaymentsForRepurchaseOfCommonStock`	$360.18M	USD	3 Qtrs
Repurchase of common shares and shares withheld in lieu of income taxes	`PaymentsForRepurchaseOfCommonStock`	$576.21M	USD	3 Qtrs
Net proceeds from exercise of stock options	`ProceedsFromStockOptionsExercised`	$2.68M	USD	3 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-382.36M	USD	3 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-576.21M	USD	3 Qtrs
Net decrease in cash and cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-184.77M	USD	3 Qtrs
Net decrease in cash and cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-561.05M	USD	3 Qtrs
Cash and cash equivalents and restricted cash, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$61.00M	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`	$600.94M	USD	Point-in-time
Cash and cash equivalents and restricted cash, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$39.89M	USD	Point-in-time
Cash and cash equivalents and restricted cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$61.00M	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`	$600.94M	USD	Point-in-time
Cash and cash equivalents and restricted cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$39.89M	USD	Point-in-time
Cash paid for interest	`InterestPaidNet`	$2.40M	USD	3 Qtrs
Cash paid for interest	`InterestPaidNet`	$5.00K	USD	3 Qtrs
Cash paid for income taxes	`IncomeTaxesPaid`	$41.12M	USD	3 Qtrs
Cash paid for income taxes	`IncomeTaxesPaid`	$48.41M	USD	3 Qtrs
Purchases of property and equipment included in accounts payable	`CapitalExpendituresIncurredButNotYetPaid`	$1.80M	USD	3 Qtrs
Purchases of property and equipment included in accounts payable	`CapitalExpendituresIncurredButNotYetPaid`	$1.83M	USD	3 Qtrs
ROU Asset and Liability recognition	`RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability`	$17.43M	USD	3 Qtrs
ROU Asset and Liability recognition	`RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability`	$3.77M	USD	3 Qtrs

Stockholders Equity 41 line items

Line Item	Tag	Value	Unit	Period
Beginning Balance	`StockholdersEquity`	$1.40B	USD	Point-in-time
Beginning Balance	`StockholdersEquity`	$1.54B	USD	Point-in-time
Beginning Balance	`StockholdersEquity`	$606.64M	USD	Point-in-time
Beginning Balance	`StockholdersEquity`	$1.05B	USD	Point-in-time
Beginning Balance	`StockholdersEquity`	$706.44M	USD	Point-in-time
Beginning Balance	`StockholdersEquity`	$1.57B	USD	Point-in-time
Beginning Balance	`StockholdersEquity`	$1.59B	USD	Point-in-time
Beginning Balance	`StockholdersEquity`	$591.56M	USD	Point-in-time
Beginning Balance, treasury shares	`TreasuryStockCommonShares`	22.45M	shares	Point-in-time
Beginning Balance, treasury shares	`TreasuryStockCommonShares`	15.91M	shares	Point-in-time
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$47.84M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$113.23M	USD	3 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$25.49M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$49.40M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$29.99M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$77.99M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$175.23M	USD	3 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$57.76M	USD	1 Quarter
Common stock purchased for treasury	`TreasuryStockValueAcquiredCostMethod`	$128.46M	USD	1 Quarter
Common stock purchased for treasury	`TreasuryStockValueAcquiredCostMethod`	$192.51M	USD	1 Quarter
Common stock purchased for treasury	`TreasuryStockValueAcquiredCostMethod`	$394.93M	USD	1 Quarter
Common stock purchased for treasury	`TreasuryStockValueAcquiredCostMethod`	$98.33M	USD	1 Quarter
Common stock purchased for treasury	`TreasuryStockValueAcquiredCostMethod`	$48.19M	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`	$3.12M	USD	1 Quarter
Share-based compensation	`StockIssuedDuringPeriodValueShareBasedCompensation`	$3.17M	USD	1 Quarter
Share-based compensation	`StockIssuedDuringPeriodValueShareBasedCompensation`	$-1.44M	USD	1 Quarter
Share-based compensation	`StockIssuedDuringPeriodValueShareBasedCompensation`	$2.76M	USD	1 Quarter
Share-based compensation	`StockIssuedDuringPeriodValueShareBasedCompensation`	$-2.98M	USD	1 Quarter
Exercise of stock options	`StockIssuedDuringPeriodValueStockOptionsExercised`	$2.68M	USD	1 Quarter
Ending Balance	`StockholdersEquity`	$1.40B	USD	Point-in-time
Ending Balance	`StockholdersEquity`	$1.54B	USD	Point-in-time
Ending Balance	`StockholdersEquity`	$606.64M	USD	Point-in-time
Ending Balance	`StockholdersEquity`	$1.05B	USD	Point-in-time
Ending Balance	`StockholdersEquity`	$706.44M	USD	Point-in-time
Ending Balance	`StockholdersEquity`	$1.57B	USD	Point-in-time
Ending Balance	`StockholdersEquity`	$1.59B	USD	Point-in-time
Ending Balance	`StockholdersEquity`	$591.56M	USD	Point-in-time
Ending Balance, treasury shares	`TreasuryStockCommonShares`	22.45M	shares	Point-in-time
Ending Balance, treasury shares	`TreasuryStockCommonShares`	15.91M	shares	Point-in-time

Comprehensive Income 18 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$47.66M	USD	1 Quarter
Unrealized gains (losses) on available for sale securities, taxes	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax`	$131.00K	USD	3 Qtrs
Unrealized gains (losses) on available for sale securities, taxes	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax`	$56.00K	USD	1 Quarter
Net income	`NetIncomeLoss`	$113.65M	USD	3 Qtrs
Unrealized gains (losses) on available for sale securities, taxes	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax`	$8.00K	USD	1 Quarter
Net income	`NetIncomeLoss`	$175.23M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$30.01M	USD	1 Quarter
Unrealized losses on available-for-sale securities, net of taxes of $6 and $56 for the three months ended September 30, 2022 and 2021, respectively, and $129 for the nine months ended September 30, 2022	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-417.00K	USD	3 Qtrs
Unrealized losses on available-for-sale securities, net of taxes of $6 and $56 for the three months ended September 30, 2022 and 2021, respectively, and $129 for the nine months ended September 30, 2022	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-19.00K	USD	1 Quarter
Unrealized losses on available-for-sale securities, net of taxes of $6 and $56 for the three months ended September 30, 2022 and 2021, respectively, and $129 for the nine months ended September 30, 2022	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$185.00K	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$47.84M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$113.23M	USD	3 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$25.49M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$49.40M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$29.99M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$77.99M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$175.23M	USD	3 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$57.76M	USD	1 Quarter

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