XML 70 R20.htm IDEA: XBRL DOCUMENT v2.4.0.8

FINANCIAL INSTRUMENTS (Tables)

3 Months Ended

Mar. 31, 2014

Fair Value Disclosures [Abstract]

Cash and Cash Equivalents and Investments from Continuing Operations

Cash and cash equivalents from our continuing operations consist of the following as of March 31, 2014 and December 31, 2013 (dollars in thousands):

		March 31, 2014				December 31, 2013
Cash		$	175,739			$	155,756
Corporate bonds			1,006				—
Money market funds			87,443				163,005
Cash and cash equivalents, unrestricted			264,188				318,761
Restricted cash			12,948				12,564
Total cash and cash equivalents		$	277,136			$	331,325

Investments from Continuing Operations

Investments from our continuing operations consist of the following as of March 31, 2014 and December 31, 2013 (dollars in thousands):

		March 31, 2014
						Gross Unrealized
		Cost				Gain				(Loss)				Fair Value
Short-term investments (available for sale):
Commercial paper		$	15,641			$	—			$	(5	)		$	15,636
Corporate bonds			5,443				—				(7	)			5,436
U.S. Treasury bills			17,253				1				—				17,254
Total short-term investments			38,337				1				(12	)			38,326
Long-term investments (available for sale):
Corporate bonds			8,723				—				(17	)			8,706
Municipal bond			7,850				—				(476	)			7,374
Total long-term investments			16,573				—				(493	)			16,080
Total investments (available for sale)		$	54,910			$	1			$	(505	)		$	54,406

		December 31, 2013
						Gross Unrealized
		Cost				Gain				(Loss)				Fair Value
Short-term investments (available for sale):
U.S. Treasury bills		$	31,591			$	1			$	—			$	31,592
Long-term investments (available for sale):
Municipal bond			7,850				—				(476	)			7,374
Total investments (available for sale)		$	39,441			$	1			$	(476	)		$	38,966

Investments Measured at Fair Value on Recurring Basis

Investments measured at fair value on a recurring basis subject to the disclosure requirements of FASB ASC Topic 820—Fair Value Measurements at March 31, 2014 and December 31, 2013 were as follows (dollars in thousands):

		As of March 31, 2014
		Level 1				Level 2				Level 3				Total
Commercial paper		$	—			$	15,636			$	—			$	15,636
Corporate bonds			—				14,142				—				14,142
U.S. Treasury bills			—				17,254				—				17,254
Municipal bond			—				—				7,374				7,374
Totals		$	—			$	47,032			$	7,374			$	54,406
		As of December 31, 2013
		Level 1				Level 2				Level 3				Total
U.S. Treasury bills		$	31,592			$	—			$	—			$	31,592
Municipal bond			—				—				7,374				7,374
Totals		$	31,592			$	—			$	7,374			$	38,966

Assets Measured at Fair Value on Recurring Basis Using Significant Unobservable Inputs (Level 3)

The following table presents a rollforward of our assets measured at fair value on a recurring basis using significant unobservable inputs (Level 3) as defined in FASB ASC Topic 820 for the quarter ended March 31, 2014 (dollars in thousands):

Balance at December 31, 2013		$	7,374
Unrealized gain (loss)			—
Balance at March 31, 2014		$	7,374

X

- Definition

Tabular disclosure of assets, including financial instruments, including both short term and long term available for sale investments. Disclosures include cost, unrealized gains and losses and fair values for each type of investment.

+ References

No definition available.

+ Details

Name:	ceco_ScheduleOfAvailableForSaleInvestmentsTableTextBlock
Namespace Prefix:	ceco_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of assets, including financial instruments including cash, cash equivalents and restricted cash. The disclosures contemplated herein include the fair value measurements at the reporting date.

+ References

No definition available.

+ Details

Name:	ceco_ScheduleOfCashAndCashEquivalentsAndInvestmentsFromContinuingOperationsTextBlock
Namespace Prefix:	ceco_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of assets, including [financial] instruments measured at fair value that are classified in stockholders' equity, if any, by class that are measured at fair value on a recurring basis. The disclosures contemplated herein include the fair value measurements at the reporting date by the level within the fair value hierarchy in which the fair value measurements in their entirety fall, segregating fair value measurements using quoted prices in active markets for identical assets (Level 1), significant other observable inputs (Level 2), and significant unobservable inputs (Level 3).

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 820

-SubTopic 10

-Section 50

-Paragraph 1

-URI http://asc.fasb.org/extlink&oid=25499696&loc=d3e19190-110258



Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 820

-SubTopic 10

-Section 50

-Paragraph 2

-Subparagraph (a),(b)

-URI http://asc.fasb.org/extlink&oid=25499696&loc=d3e19207-110258

+ Details

Name:	us-gaap_FairValueAssetsMeasuredOnRecurringBasisTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of the fair value measurement of assets using significant unobservable inputs (Level 3), a reconciliation of the beginning and ending balances, separately presenting changes during the period attributable to the following: (1) total gains or losses for the period (realized and unrealized), segregating those gains or losses included in earnings (or changes in net assets) and gains or losses recognized in other comprehensive income (loss), and a description of where those gains or losses included in earnings (or changes in net assets) are reported in the statement of income (or activities); (2) purchases, sales, issues, and settlements (each type disclosed separately); and (3) transfers in and transfers out of Level 3 (for example, transfers due to changes in the observability of significant inputs), by class of asset.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 820

-SubTopic 10

-Section 50

-Paragraph 3

-URI http://asc.fasb.org/extlink&oid=25499696&loc=d3e19279-110258



Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 820

-SubTopic 10

-Section 50

-Paragraph 2

-Subparagraph (c)

-URI http://asc.fasb.org/extlink&oid=25499696&loc=d3e19207-110258

+ Details

Name:	us-gaap_FairValueAssetsMeasuredOnRecurringBasisUnobservableInputReconciliationTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Details

Name:	us-gaap_FairValueDisclosuresAbstract
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration