Financial Statements for Grand Canyon Education Inc

Search Images Maps Play YouTube News Gmail Drive More »

Help | Sign in

Recent Quotes (30 days)

You have no recent quotes

chg | %

Grand Canyon Education Inc financials

Watch this stock

Income Statement

Balance Sheet

Cash Flow

View: Quarterly Data | Annual Data

Hide charts

In Millions of USD (except for per share items)	3 months ending 2013-03-31	3 months ending 2012-12-31	3 months ending 2012-09-30	3 months ending 2012-06-30	3 months ending 2012-03-31
Revenue	142.03	141.30	133.57	119.26	117.13
Other Revenue, Total	-	-	-	-	-
Total Revenue	142.03	141.30	133.57	119.26	117.13
Cost of Revenue, Total	60.00	58.82	57.35	53.41	50.82
Gross Profit	82.03	82.48	76.21	65.85	66.31
Selling/General/Admin. Expenses, Total	48.41	49.23	45.01	40.46	42.10
Research & Development	-	-	-	-	-
Depreciation/Amortization	-	-	-	-	-
Interest Expense(Income) - Net Operating	-	-	-	-	-
Unusual Expense (Income)	-	0.00	0.00	-	-
Other Operating Expenses, Total	-	-	-	-	-
Total Operating Expense	108.41	108.05	102.36	93.86	92.93
Operating Income	33.62	33.25	31.20	25.40	24.20
Interest Income(Expense), Net Non-Operating	-	-	-	-	-
Gain (Loss) on Sale of Assets	-	-	-	-	-
Other, Net	-	-	-	-	-
Income Before Tax	35.15	33.01	31.07	25.35	24.01
Income After Tax	20.95	20.91	18.47	15.60	14.47
Minority Interest	-	-	-	-	-
Equity In Affiliates	-	-	-	-	-
Net Income Before Extra. Items	20.95	20.91	18.47	15.60	14.47
Accounting Change	-	-	-	-	-
Discontinued Operations	-	-	-	-	-
Extraordinary Item	-	-	-	-	-
Net Income	20.95	20.91	18.47	15.60	14.47
Preferred Dividends	-	-	-	-	-
Income Available to Common Excl. Extra Items	20.95	20.91	18.47	15.60	14.47
Income Available to Common Incl. Extra Items	20.95	20.91	18.47	15.60	14.47
Basic Weighted Average Shares	-	-	-	-	-
Basic EPS Excluding Extraordinary Items	-	-	-	-	-
Basic EPS Including Extraordinary Items	-	-	-	-	-
Dilution Adjustment	-	-	-	-	-
Diluted Weighted Average Shares	45.45	45.36	45.34	45.17	45.15
Diluted EPS Excluding Extraordinary Items	0.46	0.46	0.41	0.35	0.32
Diluted EPS Including Extraordinary Items	-	-	-	-	-
Dividends per Share - Common Stock Primary Issue	0.00	0.00	0.00	0.00	0.00
Gross Dividends - Common Stock	-	-	-	-	-
Net Income after Stock Based Comp. Expense	-	-	-	-	-
Basic EPS after Stock Based Comp. Expense	-	-	-	-	-
Diluted EPS after Stock Based Comp. Expense	-	-	-	-	-
Depreciation, Supplemental	-	-	-	-	-
Total Special Items	-	-	-	-	-
Normalized Income Before Taxes	-	-	-	-	-
Effect of Special Items on Income Taxes	-	-	-	-	-
Income Taxes Ex. Impact of Special Items	-	-	-	-	-
Normalized Income After Taxes	-	-	-	-	-
Normalized Income Avail to Common	-	-	-	-	-
Basic Normalized EPS	-	-	-	-	-
Diluted Normalized EPS	0.46	0.46	0.41	0.35	0.32

In Millions of USD (except for per share items)	12 months ending 2012-12-31	12 months ending 2011-12-31	12 months ending 2010-12-31	12 months ending 2009-12-31
Revenue	511.26	426.74	385.62	261.90
Other Revenue, Total	-	-	-	-
Total Revenue	511.26	426.74	385.62	261.90
Cost of Revenue, Total	220.40	194.80	178.84	101.90
Gross Profit	290.85	231.94	206.78	160.00
Selling/General/Admin. Expenses, Total	176.80	149.00	139.11	107.01
Research & Development	-	-	-	-
Depreciation/Amortization	-	-	-	-
Interest Expense(Income) - Net Operating	-	-	-	-
Unusual Expense (Income)	0.00	0.78	9.49	6.42
Other Operating Expenses, Total	-	-	-	-
Total Operating Expense	397.20	344.58	327.45	215.33
Operating Income	114.05	82.16	58.18	46.57
Interest Income(Expense), Net Non-Operating	-	-	-	-
Gain (Loss) on Sale of Assets	-	-	-	-
Other, Net	-	-	-	-
Income Before Tax	113.42	81.53	57.45	45.28
Income After Tax	69.45	50.55	35.21	27.30
Minority Interest	-	-	-	-
Equity In Affiliates	-	-	-	-
Net Income Before Extra. Items	69.45	50.55	35.21	27.30
Accounting Change	-	-	-	-
Discontinued Operations	-	-	-	-
Extraordinary Item	-	-	-	-
Net Income	69.45	50.55	35.21	27.30
Preferred Dividends	-	-	-	-
Income Available to Common Excl. Extra Items	69.45	50.55	35.21	27.30
Income Available to Common Incl. Extra Items	69.45	50.55	35.21	27.30
Basic Weighted Average Shares	-	-	-	-
Basic EPS Excluding Extraordinary Items	-	-	-	-
Basic EPS Including Extraordinary Items	-	-	-	-
Dilution Adjustment	-	-	-	-
Diluted Weighted Average Shares	45.25	45.10	46.40	45.50
Diluted EPS Excluding Extraordinary Items	1.53	1.12	0.76	0.60
Diluted EPS Including Extraordinary Items	-	-	-	-
Dividends per Share - Common Stock Primary Issue	0.00	0.00	0.00	0.00
Gross Dividends - Common Stock	-	-	-	-
Net Income after Stock Based Comp. Expense	-	-	-	-
Basic EPS after Stock Based Comp. Expense	-	-	-	-
Diluted EPS after Stock Based Comp. Expense	-	-	-	-
Depreciation, Supplemental	-	-	-	-
Total Special Items	-	-	-	-
Normalized Income Before Taxes	-	-	-	-
Effect of Special Items on Income Taxes	-	-	-	-
Income Taxes Ex. Impact of Special Items	-	-	-	-
Normalized Income After Taxes	-	-	-	-
Normalized Income Avail to Common	-	-	-	-
Basic Normalized EPS	-	-	-	-
Diluted Normalized EPS	1.53	1.13	0.89	0.69

In Millions of USD (except for per share items)	As of 2013-03-31	As of 2012-12-31	As of 2012-09-30	As of 2012-06-30	As of 2012-03-31
Cash & Equivalents	127.74	105.11	69.64	50.76	56.70
Short Term Investments	23.80	-	-	-	-
Cash and Short Term Investments	151.54	105.11	69.64	50.76	56.70
Accounts Receivable - Trade, Net	7.65	7.95	8.88	8.36	7.84
Receivables - Other	-	-	-	-	-
Total Receivables, Net	7.65	34.95	9.16	8.36	8.78
Total Inventory	-	-	-	-	-
Prepaid Expenses	-	-	-	-	-
Other Current Assets, Total	68.81	74.11	75.55	70.11	64.82
Total Current Assets	228.00	214.17	154.35	129.23	130.30
Property/Plant/Equipment, Total - Gross	-	330.40	312.26	283.56	252.49
Accumulated Depreciation, Total	-	-61.24	-55.73	-50.29	-45.32
Goodwill, Net	2.94	2.94	2.94	2.94	2.94
Intangibles, Net	-	-	-	-	-
Long Term Investments	-	-	-	-	-
Other Long Term Assets, Total	9.37	8.65	9.27	9.65	9.56
Total Assets	523.89	494.92	423.09	375.10	349.97
Accounts Payable	20.78	14.70	25.52	20.10	24.94
Accrued Expenses	30.75	36.28	29.61	29.85	17.89
Notes Payable/Short Term Debt	0.00	0.00	0.00	0.00	0.00
Current Port. of LT Debt/Capital Leases	6.69	6.69	1.85	1.85	1.83
Other Current liabilities, Total	99.45	95.06	116.89	93.99	91.47
Total Current Liabilities	157.67	152.73	173.87	145.79	136.13
Long Term Debt	91.45	93.10	26.27	26.84	27.19
Capital Lease Obligations	0.56	0.59	0.61	0.63	0.65
Total Long Term Debt	92.01	93.69	26.88	27.47	27.84
Total Debt	98.70	100.38	28.73	29.33	29.67
Deferred Income Tax	8.60	7.04	5.11	3.19	4.13
Minority Interest	-	-	-	-	-
Other Liabilities, Total	7.14	7.41	-	-	-
Total Liabilities	265.43	260.86	205.86	176.45	168.10
Redeemable Preferred Stock, Total	-	0.00	0.00	-	-
Preferred Stock - Non Redeemable, Net	-	-	-	-	-
Common Stock, Total	0.48	0.47	0.47	0.47	0.46
Additional Paid-In Capital	111.56	102.13	95.94	92.91	89.80
Retained Earnings (Accumulated Deficit)	191.76	170.81	149.91	131.43	115.84
Treasury Stock - Common	-45.14	-39.14	-28.82	-25.87	-23.89
Other Equity, Total	-0.19	-0.22	-0.27	-0.30	-0.33
Total Equity	258.46	234.06	217.23	198.65	181.87
Total Liabilities & Shareholders' Equity	523.89	494.92	423.09	375.10	349.97
Shares Outs - Common Stock Primary Issue	-	-	-	-	-
Total Common Shares Outstanding	45.49	44.72	44.90	45.02	44.49

In Millions of USD (except for per share items)	As of 2012-12-31	As of 2011-12-31	As of 2010-12-31	As of 2009-12-31
Cash & Equivalents	105.11	21.19	33.64	62.57
Short Term Investments	-	-	-	-
Cash and Short Term Investments	105.11	21.19	33.64	62.57
Accounts Receivable - Trade, Net	7.95	11.81	17.98	13.80
Receivables - Other	-	-	-	-
Total Receivables, Net	34.95	23.68	26.40	13.80
Total Inventory	-	-	-	-
Prepaid Expenses	-	-	-	-
Other Current Assets, Total	74.11	70.55	73.09	13.87
Total Current Assets	214.17	115.41	133.12	90.25
Property/Plant/Equipment, Total - Gross	330.40	230.41	148.43	80.46
Accumulated Depreciation, Total	-61.24	-40.46	-24.43	-13.09
Goodwill, Net	2.94	2.94	2.94	2.94
Intangibles, Net	-	-	-	-
Long Term Investments	-	-	-	-
Other Long Term Assets, Total	8.65	9.54	15.03	14.18
Total Assets	494.92	317.85	275.10	174.74
Accounts Payable	14.70	18.75	25.16	9.94
Accrued Expenses	36.28	20.68	29.25	24.14
Notes Payable/Short Term Debt	0.00	0.00	0.00	0.00
Current Port. of LT Debt/Capital Leases	6.69	2.21	3.70	2.86
Other Current liabilities, Total	95.06	79.86	64.74	25.46
Total Current Liabilities	152.73	121.50	122.85	62.39
Long Term Debt	93.10	19.90	21.88	25.45
Capital Lease Obligations	0.59	0.67	0.15	0.87
Total Long Term Debt	93.69	20.57	22.03	26.32
Total Debt	100.38	22.78	25.73	29.17
Deferred Income Tax	7.04	5.33	0.00	-
Minority Interest	-	-	-	-
Other Liabilities, Total	7.41	7.14	2.71	-
Total Liabilities	260.86	154.55	147.59	88.71
Redeemable Preferred Stock, Total	0.00	0.00	0.00	0.00
Preferred Stock - Non Redeemable, Net	-	-	-	-
Common Stock, Total	0.47	0.46	0.46	0.46
Additional Paid-In Capital	102.13	85.72	77.45	70.10
Retained Earnings (Accumulated Deficit)	170.81	101.37	50.82	15.62
Treasury Stock - Common	-39.14	-23.89	-0.78	-
Other Equity, Total	-0.22	-0.36	-0.45	-0.14
Total Equity	234.06	163.29	127.50	86.03
Total Liabilities & Shareholders' Equity	494.92	317.85	275.10	174.74
Shares Outs - Common Stock Primary Issue	-	-	-	-
Total Common Shares Outstanding	44.72	44.30	45.76	45.66

In Millions of USD (except for per share items)	3 months ending 2013-03-31	12 months ending 2012-12-31	9 months ending 2012-09-30	6 months ending 2012-06-30	3 months ending 2012-03-31
Net Income/Starting Line	20.95	69.45	48.54	30.07	14.47
Depreciation/Depletion	5.95	21.92	15.78	10.16	5.03
Amortization	-	-	-	-	-
Deferred Taxes	1.74	-0.52	-2.15	-2.19	-0.25
Non-Cash Items	1.43	25.75	19.15	11.68	5.95
Changes in Working Capital	1.65	27.60	43.41	29.85	25.64
Cash from Operating Activities	31.71	144.20	124.73	79.58	50.84
Capital Expenditures	-16.14	-104.88	-74.44	-50.45	-16.88
Other Investing Cash Flow Items, Total	5.38	-26.67	0.18	0.18	0.00
Cash from Investing Activities	-10.77	-131.55	-74.26	-50.27	-16.88
Financing Cash Flow Items	3.50	1.43	0.34	0.12	0.07
Total Cash Dividends Paid	-	-	-	-	-
Issuance (Retirement) of Stock, Net	-0.15	-7.19	-0.59	1.45	2.31
Issuance (Retirement) of Debt, Net	-1.67	77.04	-1.77	-1.30	-0.83
Cash from Financing Activities	1.68	71.27	-2.02	0.27	1.55
Foreign Exchange Effects	-	-	-	-	-
Net Change in Cash	22.63	83.92	48.45	29.57	35.51
Cash Interest Paid, Supplemental	-	0.61	0.45	0.29	-
Cash Taxes Paid, Supplemental	-	32.81	19.61	10.38	-

In Millions of USD (except for per share items)	12 months ending 2012-12-31	12 months ending 2011-12-31	12 months ending 2010-12-31	12 months ending 2009-12-31
Net Income/Starting Line	69.45	50.55	35.21	27.30
Depreciation/Depletion	21.92	17.03	12.11	7.96
Amortization	-	-	-	-
Deferred Taxes	-0.52	20.79	-6.01	-2.52
Non-Cash Items	25.75	41.71	46.16	23.25
Changes in Working Capital	27.60	-42.12	-47.06	5.18
Cash from Operating Activities	144.20	87.96	40.40	61.17
Capital Expenditures	-104.88	-80.55	-62.63	-60.27
Other Investing Cash Flow Items, Total	-26.67	5.41	-5.47	1.84
Cash from Investing Activities	-131.55	-75.14	-68.10	-58.42
Financing Cash Flow Items	1.43	0.00	0.74	0.25
Total Cash Dividends Paid	-	-	-	0.00
Issuance (Retirement) of Stock, Net	-7.19	-21.43	0.96	1.61
Issuance (Retirement) of Debt, Net	77.04	-3.84	-2.93	22.82
Cash from Financing Activities	71.27	-25.27	-1.23	24.67
Foreign Exchange Effects	-	-	-	-
Net Change in Cash	83.92	-12.45	-28.93	27.42
Cash Interest Paid, Supplemental	0.61	0.54	0.77	1.80
Cash Taxes Paid, Supplemental	32.81	13.46	37.70	16.31