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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2018
Dec. 31, 2017
Dec. 31, 2016
Cash flows provided by operating activities:      
Net income $ 229,011 $ 203,319 $ 148,514
Adjustments to reconcile net income to net cash provided by operating activities:      
Share-based compensation 19,508 12,688 12,276
Provision for bad debts 8,669 18,478 18,639
Depreciation and amortization 35,673 54,228 45,683
Deferred income taxes (11,507) (5,160) 8,432
Loss on transaction, net of costs and asset impairment 12,605    
Other, including fixed asset impairments 2,101 3,883 1,161
Changes in assets and liabilities:      
Accounts receivable from GCU (51,480)    
Accounts receivable (7,784) (19,848) (20,598)
Prepaid expenses and other 1,553 (2,399) (1,715)
Accounts payable (14,306) 5,378 (4,793)
Accrued liabilities (15,700) 3,079 6,743
Income taxes receivable/payable (8,662) 16,048 11,892
Deferred rent (189) (369) (475)
Deferred revenue 6,881 6,156 2,863
Student deposits (7,288) 9,417 9,139
Net cash provided by operating activities 199,085 304,898 237,761
Cash flows used in investing activities:      
Capital expenditures (94,527) (113,586) (178,292)
Purchases of land and building improvements related to off-site development (330) (10,368) (60,727)
Disposition (131,550)    
Funding to GCU at closing in excess of required capital (7,377)    
Repayment of excess funds by GCU 7,377    
Funding to GCU for capital expenditures (29,996)    
Proceeds received from note receivable     501
Return of equity method investment   685 1,749
Purchases of investments (46,948) (94,054) (49,157)
Proceeds from sale or maturity of investments 65,116 65,259 69,925
Net cash used in investing activities (238,235) (152,064) (216,001)
Cash flows used in financing activities:      
Principal payments on notes payable and capital lease obligations (6,719) (6,805) (7,224)
Debt issuance costs     (194)
Net borrowings from revolving line of credit   (25,000) 25,000
Repurchase of common shares including shares withheld in lieu of income taxes (24,758) (11,300) (20,062)
Net proceeds from exercise of stock options 4,632 7,372 13,207
Net cash (used in) provided by financing activities (26,845) (35,733) 10,727
Net (decrease) increase in cash and cash equivalents and restricted cash (65,995) 117,101 32,487
Cash and cash equivalents and restricted cash, beginning of period 248,008 130,907 98,420
Cash and cash equivalents and restricted cash, end of period 182,013 248,008 130,907
Supplemental disclosure of cash flow information      
Cash paid for interest 1,511 2,252 1,220
Cash paid for income taxes 78,195 69,606 66,206
Supplemental disclosure of non-cash investing and financing activities      
Sale transaction to GCU through Secured Note financing 870,097    
Purchases of property and equipment included in accounts payable 1,121 $ 6,682 $ 7,746
Reclassification of capitalized costs - adoption of ASC 606 9,015    
Reclassification of deferred revenue - adoption of ASC 606 7,451    
Reclassification of tax effect within accumulated other comprehensive income $ 156