10-Q Filing

GRAND CANYON EDUCATION, INC. CIK: 1434588 Q1 2025

Filing Information

Form Type	10-Q
Accession Number	`0001558370-25-006495`
Period End Date	20250331
Filing Date	20250506
Fiscal Year	2025
Fiscal Period	Q1
XBRL Instance	lope-20250331x10q_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 158 Income Statement 66 Cash Flow Statement 120 Stockholders Equity 36 Comprehensive Income 16

Balance Sheet 158 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, 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 authorized	`PreferredStockSharesAuthorized`	10.00M	shares	Point-in-time
Preferred stock, shares authorized	`PreferredStockSharesAuthorized`	10.00M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$324.62M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$324.62M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$144.51M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$144.51M	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 issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Preferred stock, shares issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Investments	`AvailableForSaleSecuritiesDebtSecuritiesCurrent`	$160.14M	USD	Point-in-time
Investments	`AvailableForSaleSecuritiesDebtSecuritiesCurrent`	$160.14M	USD	Point-in-time
Preferred stock, shares outstanding	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Preferred stock, shares outstanding	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Investments	`AvailableForSaleSecuritiesDebtSecuritiesCurrent`	-	USD	Point-in-time
Investments	`AvailableForSaleSecuritiesDebtSecuritiesCurrent`	-	USD	Point-in-time
Preferred stock, shares outstanding	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Preferred stock, shares outstanding	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$115.70M	USD	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$115.70M	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`	$82.95M	USD	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$82.95M	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
Income tax receivable	`IncomeTaxesReceivable`	$490.00K	USD	Point-in-time
Income tax receivable	`IncomeTaxesReceivable`	$490.00K	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 authorized	`CommonStockSharesAuthorized`	100.00M	shares	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	100.00M	shares	Point-in-time
Other current assets	`OtherAssetsCurrent`	$11.91M	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$11.91M	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	54.18M	shares	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	54.18M	shares	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	54.09M	shares	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	54.09M	shares	Point-in-time
Other current assets	`OtherAssetsCurrent`	$16.09M	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$16.09M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$419.98M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$419.98M	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	28.86M	shares	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	28.86M	shares	Point-in-time
Total current assets	`AssetsCurrent`	$436.44M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$436.44M	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	28.50M	shares	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	28.50M	shares	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$176.82M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$176.82M	USD	Point-in-time
Treasury stock, common shares	`TreasuryStockCommonShares`	25.23M	shares	Point-in-time
Treasury stock, common shares	`TreasuryStockCommonShares`	25.23M	shares	Point-in-time
Treasury stock, common shares	`TreasuryStockCommonShares`	25.68M	shares	Point-in-time
Treasury stock, common shares	`TreasuryStockCommonShares`	25.68M	shares	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$177.76M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$177.76M	USD	Point-in-time
Right-of-use assets	`OperatingLeaseRightOfUseAsset`	$96.06M	USD	Point-in-time
Right-of-use assets	`OperatingLeaseRightOfUseAsset`	$96.06M	USD	Point-in-time
Right-of-use assets	`OperatingLeaseRightOfUseAsset`	$99.54M	USD	Point-in-time
Right-of-use assets	`OperatingLeaseRightOfUseAsset`	$99.54M	USD	Point-in-time
Amortizable intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$157.86M	USD	Point-in-time
Amortizable intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$157.86M	USD	Point-in-time
Amortizable intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$159.96M	USD	Point-in-time
Amortizable intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$159.96M	USD	Point-in-time
Goodwill	`Goodwill`	$160.77M	USD	Point-in-time
Goodwill	`Goodwill`	$160.77M	USD	Point-in-time
Goodwill	`Goodwill`	$160.77M	USD	Point-in-time
Goodwill	`Goodwill`	$160.77M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$2.57M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$2.57M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$1.36M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$1.36M	USD	Point-in-time
Total assets	`Assets`	$1.02B	USD	Point-in-time
Total assets	`Assets`	$1.02B	USD	Point-in-time
Total assets	`Assets`	$1.03B	USD	Point-in-time
Total assets	`Assets`	$1.03B	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$24.08M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$24.08M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$26.72M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$26.72M	USD	Point-in-time
Accrued compensation and benefits	`EmployeeRelatedLiabilitiesCurrent`	$23.25M	USD	Point-in-time
Accrued compensation and benefits	`EmployeeRelatedLiabilitiesCurrent`	$23.25M	USD	Point-in-time
Accrued compensation and benefits	`EmployeeRelatedLiabilitiesCurrent`	$33.18M	USD	Point-in-time
Accrued compensation and benefits	`EmployeeRelatedLiabilitiesCurrent`	$33.18M	USD	Point-in-time
Accrued liabilities	`AccruedLiabilitiesCurrent`	$34.57M	USD	Point-in-time
Accrued liabilities	`AccruedLiabilitiesCurrent`	$34.57M	USD	Point-in-time
Accrued liabilities	`AccruedLiabilitiesCurrent`	$29.62M	USD	Point-in-time
Accrued liabilities	`AccruedLiabilitiesCurrent`	$29.62M	USD	Point-in-time
Income taxes payable	`AccruedIncomeTaxesCurrent`	$8.56M	USD	Point-in-time
Income taxes payable	`AccruedIncomeTaxesCurrent`	$8.56M	USD	Point-in-time
Income taxes payable	`AccruedIncomeTaxesCurrent`	$24.08M	USD	Point-in-time
Income taxes payable	`AccruedIncomeTaxesCurrent`	$24.08M	USD	Point-in-time
Deferred revenue	`ContractWithCustomerLiabilityCurrent`	$9.08M	USD	Point-in-time
Deferred revenue	`ContractWithCustomerLiabilityCurrent`	$9.08M	USD	Point-in-time
Current portion of lease liability	`OperatingLeaseLiabilityCurrent`	$12.88M	USD	Point-in-time
Current portion of lease liability	`OperatingLeaseLiabilityCurrent`	$12.88M	USD	Point-in-time
Current portion of lease liability	`OperatingLeaseLiabilityCurrent`	$13.15M	USD	Point-in-time
Current portion of lease liability	`OperatingLeaseLiabilityCurrent`	$13.15M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$128.20M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$128.20M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$110.97M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$110.97M	USD	Point-in-time
Deferred income taxes, noncurrent	`DeferredIncomeTaxLiabilitiesNet`	$26.53M	USD	Point-in-time
Deferred income taxes, noncurrent	`DeferredIncomeTaxLiabilitiesNet`	$26.53M	USD	Point-in-time
Deferred income taxes, noncurrent	`DeferredIncomeTaxLiabilitiesNet`	$28.97M	USD	Point-in-time
Deferred income taxes, noncurrent	`DeferredIncomeTaxLiabilitiesNet`	$28.97M	USD	Point-in-time
Other long-term liability	`OtherLiabilitiesNoncurrent`	$1.44M	USD	Point-in-time
Other long-term liability	`OtherLiabilitiesNoncurrent`	$1.44M	USD	Point-in-time
Other long-term liability	`OtherLiabilitiesNoncurrent`	$1.40M	USD	Point-in-time
Other long-term liability	`OtherLiabilitiesNoncurrent`	$1.40M	USD	Point-in-time
Lease liability, less current portion	`OperatingLeaseLiabilityNoncurrent`	$95.64M	USD	Point-in-time
Lease liability, less current portion	`OperatingLeaseLiabilityNoncurrent`	$95.64M	USD	Point-in-time
Lease liability, less current portion	`OperatingLeaseLiabilityNoncurrent`	$92.17M	USD	Point-in-time
Lease liability, less current portion	`OperatingLeaseLiabilityNoncurrent`	$92.17M	USD	Point-in-time
Total liabilities	`Liabilities`	$250.74M	USD	Point-in-time
Total liabilities	`Liabilities`	$250.74M	USD	Point-in-time
Total liabilities	`Liabilities`	$234.57M	USD	Point-in-time
Total liabilities	`Liabilities`	$234.57M	USD	Point-in-time
Commitments and contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Common stock, $0.01 par value, 100,000 shares authorized; 54,176 and 54,090 shares issued and 28,599 and 28,858 shares outstanding at March 31, 2025 and December 31, 2024, respectively	`CommonStockValue`	$542.00K	USD	Point-in-time
Common stock, $0.01 par value, 100,000 shares authorized; 54,176 and 54,090 shares issued and 28,599 and 28,858 shares outstanding at March 31, 2025 and December 31, 2024, respectively	`CommonStockValue`	$542.00K	USD	Point-in-time
Common stock, $0.01 par value, 100,000 shares authorized; 54,176 and 54,090 shares issued and 28,599 and 28,858 shares outstanding at March 31, 2025 and December 31, 2024, respectively	`CommonStockValue`	$541.00K	USD	Point-in-time
Common stock, $0.01 par value, 100,000 shares authorized; 54,176 and 54,090 shares issued and 28,599 and 28,858 shares outstanding at March 31, 2025 and December 31, 2024, respectively	`CommonStockValue`	$541.00K	USD	Point-in-time
Treasury stock, at cost, 25,577 and 25,232 shares of common stock at March 31, 2025 and December 31, 2024, respectively	`TreasuryStockCommonValue`	$2.02B	USD	Point-in-time
Treasury stock, at cost, 25,577 and 25,232 shares of common stock at March 31, 2025 and December 31, 2024, respectively	`TreasuryStockCommonValue`	$2.02B	USD	Point-in-time
Treasury stock, at cost, 25,577 and 25,232 shares of common stock at March 31, 2025 and December 31, 2024, respectively	`TreasuryStockCommonValue`	$2.10B	USD	Point-in-time
Treasury stock, at cost, 25,577 and 25,232 shares of common stock at March 31, 2025 and December 31, 2024, respectively	`TreasuryStockCommonValue`	$2.10B	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$340.37M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$340.37M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$336.74M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$336.74M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-7.00K	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-7.00K	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$2.54B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$2.54B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$2.47B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$2.47B	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$783.85M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$783.85M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$718.01M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$718.01M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$780.70M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$780.70M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$759.45M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$759.45M	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$1.03B	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$1.03B	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$1.02B	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$1.02B	USD	Point-in-time

Income Statement 66 line items

Line Item	Tag	Value	Unit	Period
Service revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$289.31M	USD	1 Quarter
Service revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$289.31M	USD	1 Quarter
Service revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$274.68M	USD	1 Quarter
Service revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$274.68M	USD	1 Quarter
Technology and academic services	`TechnologyAndAcademicServices`	$39.12M	USD	1 Quarter
Technology and academic services	`TechnologyAndAcademicServices`	$39.12M	USD	1 Quarter
Technology and academic services	`TechnologyAndAcademicServices`	$41.66M	USD	1 Quarter
Technology and academic services	`TechnologyAndAcademicServices`	$41.66M	USD	1 Quarter
Counseling services and support	`CounselingServicesAndSupport`	$82.88M	USD	1 Quarter
Counseling services and support	`CounselingServicesAndSupport`	$82.88M	USD	1 Quarter
Counseling services and support	`CounselingServicesAndSupport`	$86.82M	USD	1 Quarter
Counseling services and support	`CounselingServicesAndSupport`	$86.82M	USD	1 Quarter
Marketing and communication	`MarketingExpense`	$55.35M	USD	1 Quarter
Marketing and communication	`MarketingExpense`	$55.35M	USD	1 Quarter
Marketing and communication	`MarketingExpense`	$60.33M	USD	1 Quarter
Marketing and communication	`MarketingExpense`	$60.33M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$10.37M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$10.37M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$10.73M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$10.73M	USD	1 Quarter
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`	$2.10M	USD	1 Quarter
Amortization of intangible assets	`AmortizationOfIntangibleAssets`	$2.10M	USD	1 Quarter
Total costs and expenses	`CostsAndExpenses`	$190.20M	USD	1 Quarter
Total costs and expenses	`CostsAndExpenses`	$190.20M	USD	1 Quarter
Total costs and expenses	`CostsAndExpenses`	$201.29M	USD	1 Quarter
Total costs and expenses	`CostsAndExpenses`	$201.29M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$88.02M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$88.02M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$84.48M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$84.48M	USD	1 Quarter
Interest expense	`InterestExpenseNonoperating`	$2.00K	USD	1 Quarter
Interest expense	`InterestExpenseNonoperating`	$2.00K	USD	1 Quarter
Investment interest and other	`InvestmentIncomeNonoperating`	$3.38M	USD	1 Quarter
Investment interest and other	`InvestmentIncomeNonoperating`	$3.38M	USD	1 Quarter
Investment interest and other	`InvestmentIncomeNonoperating`	$3.73M	USD	1 Quarter
Investment interest and other	`InvestmentIncomeNonoperating`	$3.73M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$91.40M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$91.40M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$88.20M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$88.20M	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$19.79M	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$19.79M	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$20.20M	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$20.20M	USD	1 Quarter
Net income	`NetIncomeLoss`	$71.62M	USD	1 Quarter
Net income	`NetIncomeLoss`	$71.62M	USD	1 Quarter
Net income	`NetIncomeLoss`	$68.01M	USD	1 Quarter
Net income	`NetIncomeLoss`	$68.01M	USD	1 Quarter
Basic income per share	`EarningsPerShareBasic`	$2.31	USD	1 Quarter
Basic income per share	`EarningsPerShareBasic`	$2.31	USD	1 Quarter
Basic income per share	`EarningsPerShareBasic`	$2.53	USD	1 Quarter
Basic income per share	`EarningsPerShareBasic`	$2.53	USD	1 Quarter
Diluted income per share	`EarningsPerShareDiluted`	$2.29	USD	1 Quarter
Diluted income per share	`EarningsPerShareDiluted`	$2.29	USD	1 Quarter
Diluted income per share	`EarningsPerShareDiluted`	$2.52	USD	1 Quarter
Diluted income per share	`EarningsPerShareDiluted`	$2.52	USD	1 Quarter
Basic weighted average shares outstanding	`WeightedAverageNumberOfSharesOutstandingBasic`	28.28M	shares	1 Quarter
Basic weighted average shares outstanding	`WeightedAverageNumberOfSharesOutstandingBasic`	28.28M	shares	1 Quarter
Basic weighted average shares outstanding	`WeightedAverageNumberOfSharesOutstandingBasic`	29.46M	shares	1 Quarter
Basic weighted average shares outstanding	`WeightedAverageNumberOfSharesOutstandingBasic`	29.46M	shares	1 Quarter
Diluted weighted average shares outstanding	`WeightedAverageNumberOfDilutedSharesOutstanding`	28.47M	shares	1 Quarter
Diluted weighted average shares outstanding	`WeightedAverageNumberOfDilutedSharesOutstanding`	28.47M	shares	1 Quarter
Diluted weighted average shares outstanding	`WeightedAverageNumberOfDilutedSharesOutstanding`	29.64M	shares	1 Quarter
Diluted weighted average shares outstanding	`WeightedAverageNumberOfDilutedSharesOutstanding`	29.64M	shares	1 Quarter

Cash Flow Statement 120 line items

Line Item	Tag	Value	Unit	Period
Net income	`ProfitLoss`	$68.01M	USD	1 Quarter
Net income	`ProfitLoss`	$68.01M	USD	1 Quarter
Net income	`ProfitLoss`	$71.62M	USD	1 Quarter
Net income	`ProfitLoss`	$71.62M	USD	1 Quarter
Share-based compensation	`AllocatedShareBasedCompensationExpense`	$3.63M	USD	1 Quarter
Share-based compensation	`AllocatedShareBasedCompensationExpense`	$3.63M	USD	1 Quarter
Share-based compensation	`AllocatedShareBasedCompensationExpense`	$3.48M	USD	1 Quarter
Share-based compensation	`AllocatedShareBasedCompensationExpense`	$3.48M	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortizationExcludingIntangibleAssets`	$7.45M	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortizationExcludingIntangibleAssets`	$7.45M	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortizationExcludingIntangibleAssets`	$6.65M	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortizationExcludingIntangibleAssets`	$6.65M	USD	1 Quarter
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`	$2.10M	USD	1 Quarter
Amortization of intangible assets	`AmortizationOfIntangibleAssets`	$2.10M	USD	1 Quarter
Deferred income taxes	`DeferredIncomeTaxesAndTaxCredits`	$1.72M	USD	1 Quarter
Deferred income taxes	`DeferredIncomeTaxesAndTaxCredits`	$1.72M	USD	1 Quarter
Deferred income taxes	`DeferredIncomeTaxesAndTaxCredits`	$2.45M	USD	1 Quarter
Deferred income taxes	`DeferredIncomeTaxesAndTaxCredits`	$2.45M	USD	1 Quarter
Other, including fixed asset disposals	`OtherNoncashIncomeExpense`	$208.00K	USD	1 Quarter
Other, including fixed asset disposals	`OtherNoncashIncomeExpense`	$208.00K	USD	1 Quarter
Other, including fixed asset disposals	`OtherNoncashIncomeExpense`	$207.00K	USD	1 Quarter
Other, including fixed asset disposals	`OtherNoncashIncomeExpense`	$207.00K	USD	1 Quarter
Accounts receivable from university partners	`IncreaseDecreaseInAccountsReceivable`	$32.90M	USD	1 Quarter
Accounts receivable from university partners	`IncreaseDecreaseInAccountsReceivable`	$32.90M	USD	1 Quarter
Accounts receivable from university partners	`IncreaseDecreaseInAccountsReceivable`	$32.75M	USD	1 Quarter
Accounts receivable from university partners	`IncreaseDecreaseInAccountsReceivable`	$32.75M	USD	1 Quarter
Other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$4.45M	USD	1 Quarter
Other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$4.45M	USD	1 Quarter
Other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$3.76M	USD	1 Quarter
Other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$3.76M	USD	1 Quarter
Right-of-use assets and lease liabilities	`IncreaseDecreaseInOperatingLeaseLiabilitiesRecognizedInExchangeForRightOfUseAssets`	$278.00K	USD	1 Quarter
Right-of-use assets and lease liabilities	`IncreaseDecreaseInOperatingLeaseLiabilitiesRecognizedInExchangeForRightOfUseAssets`	$278.00K	USD	1 Quarter
Right-of-use assets and lease liabilities	`IncreaseDecreaseInOperatingLeaseLiabilitiesRecognizedInExchangeForRightOfUseAssets`	$335.00K	USD	1 Quarter
Right-of-use assets and lease liabilities	`IncreaseDecreaseInOperatingLeaseLiabilitiesRecognizedInExchangeForRightOfUseAssets`	$335.00K	USD	1 Quarter
Accounts payable	`IncreaseDecreaseInAccountsPayableTrade`	$-2.02M	USD	1 Quarter
Accounts payable	`IncreaseDecreaseInAccountsPayableTrade`	$-2.02M	USD	1 Quarter
Accounts payable	`IncreaseDecreaseInAccountsPayableTrade`	$11.97M	USD	1 Quarter
Accounts payable	`IncreaseDecreaseInAccountsPayableTrade`	$11.97M	USD	1 Quarter
Accrued liabilities	`IncreaseDecreaseInAccruedLiabilities`	$-51.00K	USD	1 Quarter
Accrued liabilities	`IncreaseDecreaseInAccruedLiabilities`	$-51.00K	USD	1 Quarter
Accrued liabilities	`IncreaseDecreaseInAccruedLiabilities`	$-5.56M	USD	1 Quarter
Accrued liabilities	`IncreaseDecreaseInAccruedLiabilities`	$-5.56M	USD	1 Quarter
Income taxes receivable/payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$16.01M	USD	1 Quarter
Income taxes receivable/payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$16.01M	USD	1 Quarter
Income taxes receivable/payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$17.33M	USD	1 Quarter
Income taxes receivable/payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$17.33M	USD	1 Quarter
Deferred revenue	`IncreaseDecreaseInContractWithCustomerLiabilityExcludingStudentDeposits`	$10.27M	USD	1 Quarter
Deferred revenue	`IncreaseDecreaseInContractWithCustomerLiabilityExcludingStudentDeposits`	$10.27M	USD	1 Quarter
Deferred revenue	`IncreaseDecreaseInContractWithCustomerLiabilityExcludingStudentDeposits`	$9.08M	USD	1 Quarter
Deferred revenue	`IncreaseDecreaseInContractWithCustomerLiabilityExcludingStudentDeposits`	$9.08M	USD	1 Quarter
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$84.96M	USD	1 Quarter
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$84.96M	USD	1 Quarter
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$67.63M	USD	1 Quarter
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$67.63M	USD	1 Quarter
Capital expenditures	`PaymentsToAcquireProductiveAssets`	$8.95M	USD	1 Quarter
Capital expenditures	`PaymentsToAcquireProductiveAssets`	$8.95M	USD	1 Quarter
Capital expenditures	`PaymentsToAcquireProductiveAssets`	$8.98M	USD	1 Quarter
Capital expenditures	`PaymentsToAcquireProductiveAssets`	$8.98M	USD	1 Quarter
Additions of amortizable content	`PaymentsToDevelopEducationResources`	$20.00K	USD	1 Quarter
Additions of amortizable content	`PaymentsToDevelopEducationResources`	$20.00K	USD	1 Quarter
Additions of amortizable content	`PaymentsToDevelopEducationResources`	$72.00K	USD	1 Quarter
Additions of amortizable content	`PaymentsToDevelopEducationResources`	$72.00K	USD	1 Quarter
Purchase of equity investment	`PaymentsToAcquireEquitySecuritiesFvNi`	$1.00M	USD	1 Quarter
Purchase of equity investment	`PaymentsToAcquireEquitySecuritiesFvNi`	$1.00M	USD	1 Quarter
Purchases of investments	`PaymentsToAcquireMarketableSecurities`	$159.92M	USD	1 Quarter
Purchases of investments	`PaymentsToAcquireMarketableSecurities`	$159.92M	USD	1 Quarter
Purchases of investments	`PaymentsToAcquireMarketableSecurities`	$19.38M	USD	1 Quarter
Purchases of investments	`PaymentsToAcquireMarketableSecurities`	$19.38M	USD	1 Quarter
Proceeds from sale or maturity of investments	`ProceedsFromSaleAndMaturityOfMarketableSecurities`	$23.17M	USD	1 Quarter
Proceeds from sale or maturity of investments	`ProceedsFromSaleAndMaturityOfMarketableSecurities`	$23.17M	USD	1 Quarter
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-169.89M	USD	1 Quarter
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-169.89M	USD	1 Quarter
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-5.26M	USD	1 Quarter
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-5.26M	USD	1 Quarter
Repurchase of common shares and shares withheld in lieu of income taxes	`PaymentsForRepurchaseOfCommonStock`	$29.97M	USD	1 Quarter
Repurchase of common shares and shares withheld in lieu of income taxes	`PaymentsForRepurchaseOfCommonStock`	$29.97M	USD	1 Quarter
Repurchase of common shares and shares withheld in lieu of income taxes	`PaymentsForRepurchaseOfCommonStock`	$77.86M	USD	1 Quarter
Repurchase of common shares and shares withheld in lieu of income taxes	`PaymentsForRepurchaseOfCommonStock`	$77.86M	USD	1 Quarter
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-77.86M	USD	1 Quarter
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-77.86M	USD	1 Quarter
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-29.97M	USD	1 Quarter
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-29.97M	USD	1 Quarter
Net (decrease) increase in cash and cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-180.11M	USD	1 Quarter
Net (decrease) increase in cash and cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-180.11M	USD	1 Quarter
Net (decrease) increase in cash and cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$49.73M	USD	1 Quarter
Net (decrease) increase in cash and cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$49.73M	USD	1 Quarter
Cash and cash equivalents and restricted cash, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$324.62M	USD	Point-in-time
Cash and cash equivalents and restricted cash, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$324.62M	USD	Point-in-time
Cash and cash equivalents and restricted cash, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$146.47M	USD	Point-in-time
Cash and cash equivalents and restricted cash, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$146.47M	USD	Point-in-time
Cash and cash equivalents and restricted cash, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$196.21M	USD	Point-in-time
Cash and cash equivalents and restricted cash, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$196.21M	USD	Point-in-time
Cash and cash equivalents and restricted cash, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$144.51M	USD	Point-in-time
Cash and cash equivalents and restricted cash, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$144.51M	USD	Point-in-time
Cash and cash equivalents and restricted cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$324.62M	USD	Point-in-time
Cash and cash equivalents and restricted cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$324.62M	USD	Point-in-time
Cash and cash equivalents and restricted cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$146.47M	USD	Point-in-time
Cash and cash equivalents and restricted cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$146.47M	USD	Point-in-time
Cash and cash equivalents and restricted cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$196.21M	USD	Point-in-time
Cash and cash equivalents and restricted cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$196.21M	USD	Point-in-time
Cash and cash equivalents and restricted cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$144.51M	USD	Point-in-time
Cash and cash equivalents and restricted cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$144.51M	USD	Point-in-time
Cash paid for interest	`InterestPaidNet`	$2.00K	USD	1 Quarter
Cash paid for interest	`InterestPaidNet`	$2.00K	USD	1 Quarter
Cash paid for income taxes	`IncomeTaxesPaid`	$295.00K	USD	1 Quarter
Cash paid for income taxes	`IncomeTaxesPaid`	$295.00K	USD	1 Quarter
Cash paid for income taxes	`IncomeTaxesPaid`	$333.00K	USD	1 Quarter
Cash paid for income taxes	`IncomeTaxesPaid`	$333.00K	USD	1 Quarter
Purchases of property and equipment included in accounts payable	`CapitalExpendituresIncurredButNotYetPaid`	$444.00K	USD	1 Quarter
Purchases of property and equipment included in accounts payable	`CapitalExpendituresIncurredButNotYetPaid`	$444.00K	USD	1 Quarter
Purchases of property and equipment included in accounts payable	`CapitalExpendituresIncurredButNotYetPaid`	$2.09M	USD	1 Quarter
Purchases of property and equipment included in accounts payable	`CapitalExpendituresIncurredButNotYetPaid`	$2.09M	USD	1 Quarter
ROU Asset and Liability recognition	`RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability`	$25.50M	USD	1 Quarter
ROU Asset and Liability recognition	`RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability`	$25.50M	USD	1 Quarter
Excise tax on treasury stock repurchases	`ExciseTaxTreasuryStockRepurchases`	$34.00K	USD	1 Quarter
Excise tax on treasury stock repurchases	`ExciseTaxTreasuryStockRepurchases`	$34.00K	USD	1 Quarter
Excise tax on treasury stock repurchases	`ExciseTaxTreasuryStockRepurchases`	$533.00K	USD	1 Quarter
Excise tax on treasury stock repurchases	`ExciseTaxTreasuryStockRepurchases`	$533.00K	USD	1 Quarter

Stockholders Equity 36 line items

Line Item	Tag	Value	Unit	Period
Beginning Balance	`StockholdersEquity`	$783.85M	USD	Point-in-time
Beginning Balance	`StockholdersEquity`	$783.85M	USD	Point-in-time
Beginning Balance	`StockholdersEquity`	$718.01M	USD	Point-in-time
Beginning Balance	`StockholdersEquity`	$718.01M	USD	Point-in-time
Beginning Balance	`StockholdersEquity`	$780.70M	USD	Point-in-time
Beginning Balance	`StockholdersEquity`	$780.70M	USD	Point-in-time
Beginning Balance	`StockholdersEquity`	$759.45M	USD	Point-in-time
Beginning Balance	`StockholdersEquity`	$759.45M	USD	Point-in-time
Beginning Balance, treasury shares	`TreasuryStockCommonShares`	25.23M	shares	Point-in-time
Beginning Balance, treasury shares	`TreasuryStockCommonShares`	25.23M	shares	Point-in-time
Beginning Balance, treasury shares	`TreasuryStockCommonShares`	25.68M	shares	Point-in-time
Beginning Balance, treasury shares	`TreasuryStockCommonShares`	25.68M	shares	Point-in-time
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$67.95M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$67.95M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$71.61M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$71.61M	USD	1 Quarter
Common stock purchased for treasury	`TreasuryStockValueAcquiredCostMethod`	$68.93M	USD	1 Quarter
Common stock purchased for treasury	`TreasuryStockValueAcquiredCostMethod`	$68.93M	USD	1 Quarter
Common stock purchased for treasury	`TreasuryStockValueAcquiredCostMethod`	$22.56M	USD	1 Quarter
Common stock purchased for treasury	`TreasuryStockValueAcquiredCostMethod`	$22.56M	USD	1 Quarter
Share-based compensation	`StockIssuedDuringPeriodValueShareBasedCompensation`	$-3.96M	USD	1 Quarter
Share-based compensation	`StockIssuedDuringPeriodValueShareBasedCompensation`	$-3.96M	USD	1 Quarter
Share-based compensation	`StockIssuedDuringPeriodValueShareBasedCompensation`	$-5.83M	USD	1 Quarter
Share-based compensation	`StockIssuedDuringPeriodValueShareBasedCompensation`	$-5.83M	USD	1 Quarter
Ending Balance	`StockholdersEquity`	$783.85M	USD	Point-in-time
Ending Balance	`StockholdersEquity`	$783.85M	USD	Point-in-time
Ending Balance	`StockholdersEquity`	$718.01M	USD	Point-in-time
Ending Balance	`StockholdersEquity`	$718.01M	USD	Point-in-time
Ending Balance	`StockholdersEquity`	$780.70M	USD	Point-in-time
Ending Balance	`StockholdersEquity`	$780.70M	USD	Point-in-time
Ending Balance	`StockholdersEquity`	$759.45M	USD	Point-in-time
Ending Balance	`StockholdersEquity`	$759.45M	USD	Point-in-time
Ending Balance, treasury shares	`TreasuryStockCommonShares`	25.23M	shares	Point-in-time
Ending Balance, treasury shares	`TreasuryStockCommonShares`	25.23M	shares	Point-in-time
Ending Balance, treasury shares	`TreasuryStockCommonShares`	25.68M	shares	Point-in-time
Ending Balance, treasury shares	`TreasuryStockCommonShares`	25.68M	shares	Point-in-time

Comprehensive Income 16 line items

Line Item	Tag	Value	Unit	Period
Unrealized gains (losses) on available for sale securities, taxes	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax`	$18.00K	USD	1 Quarter
Unrealized gains (losses) on available for sale securities, taxes	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax`	$18.00K	USD	1 Quarter
Unrealized gains (losses) on available for sale securities, taxes	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax`	$1.00K	USD	1 Quarter
Unrealized gains (losses) on available for sale securities, taxes	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax`	$1.00K	USD	1 Quarter
Net income	`NetIncomeLoss`	$71.62M	USD	1 Quarter
Net income	`NetIncomeLoss`	$71.62M	USD	1 Quarter
Net income	`NetIncomeLoss`	$68.01M	USD	1 Quarter
Net income	`NetIncomeLoss`	$68.01M	USD	1 Quarter
Unrealized losses on available-for-sale securities, net of taxes of $1 and $18 for the three months ended March 31, 2025 and 2024, respectively	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-7.00K	USD	1 Quarter
Unrealized losses on available-for-sale securities, net of taxes of $1 and $18 for the three months ended March 31, 2025 and 2024, respectively	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-7.00K	USD	1 Quarter
Unrealized losses on available-for-sale securities, net of taxes of $1 and $18 for the three months ended March 31, 2025 and 2024, respectively	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-56.00K	USD	1 Quarter
Unrealized losses on available-for-sale securities, net of taxes of $1 and $18 for the three months ended March 31, 2025 and 2024, respectively	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-56.00K	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$67.95M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$67.95M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$71.61M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$71.61M	USD	1 Quarter

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