$CRVL
CORVEL CORP

2014 Q1 Form 10-K Financial Statement

#000119312515220604 Filed on June 11, 2015

View on sec.gov

Income Statement

Concept 2014 Q1 2013 Q4 2013 Q3
Revenue $120.2M $121.1M $119.4M
YoY Change 7.4% 12.87% 13.18%
Cost Of Revenue $93.70M $93.39M $92.04M
YoY Change 6.36% 9.16% 11.4%
Gross Profit $26.54M $27.71M $27.32M
YoY Change 10.99% 27.48% 19.64%
Gross Profit Margin 22.07% 22.88% 22.89%
Selling, General & Admin $13.70M $13.20M $12.20M
YoY Change 15.13% 12.82% 1.67%
% of Gross Profit 51.63% 47.64% 44.66%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $4.210M $4.080M $4.110M
YoY Change 8.23% 4.35% 14.8%
% of Gross Profit 15.86% 14.73% 15.04%
Operating Expenses $13.70M $13.20M $12.30M
YoY Change 16.1% 12.82% 2.5%
Operating Profit $12.84M $14.51M $15.02M
YoY Change 6.01% 44.57% 38.61%
Interest Expense
YoY Change
% of Operating Profit
Other Income/Expense, Net
YoY Change
Pretax Income $12.80M $14.50M $15.10M
YoY Change 6.67% 44.67% 39.07%
Income Tax $4.500M $5.727M $6.421M
% Of Pretax Income 35.16% 39.49% 42.53%
Net Earnings $8.333M $8.775M $8.675M
YoY Change 9.93% 48.13% 30.84%
Net Earnings / Revenue 6.93% 7.25% 7.27%
Basic Earnings Per Share $0.40 $0.42 $0.41
Diluted Earnings Per Share $0.39 $0.41 $0.41
COMMON SHARES
Basic Shares Outstanding 20.92M shares 20.94M shares 21.14M shares
Diluted Shares Outstanding 21.26M shares 21.38M shares

Balance Sheet

Concept 2014 Q1 2013 Q4 2013 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $34.90M $32.70M $22.20M
YoY Change 76.26% 57.21% 11.0%
Cash & Equivalents $34.87M $32.75M $22.19M
Short-Term Investments
Other Short-Term Assets $28.90M $22.90M $23.80M
YoY Change 20.42% -2.55% 5.78%
Inventory
Prepaid Expenses $5.862M $5.146M $4.487M
Receivables $57.23M $55.39M $54.39M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $121.0M $111.1M $100.4M
YoY Change 30.2% 26.81% 9.93%
LONG-TERM ASSETS
Property, Plant & Equipment $51.25M $49.67M $50.01M
YoY Change 10.02% 11.12% 9.66%
Goodwill $36.81M $36.81M $36.81M
YoY Change 0.0%
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $261.0K $13.00K $142.0K
YoY Change -38.0% -87.0% -52.67%
Total Long-Term Assets $93.52M $91.81M $92.39M
YoY Change 4.51% 5.04% 4.28%
TOTAL ASSETS
Total Short-Term Assets $121.0M $111.1M $100.4M
Total Long-Term Assets $93.52M $91.81M $92.39M
Total Assets $214.5M $202.9M $192.8M
YoY Change 17.6% 15.94% 7.15%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $17.44M $18.70M $17.20M
YoY Change 38.84% 35.51% 50.88%
Accrued Expenses $53.38M $47.02M $44.94M
YoY Change 36.27% 36.29% 41.31%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $71.84M $65.67M $62.14M
YoY Change 36.18% 35.96% 43.84%
LONG-TERM LIABILITIES
Long-Term Debt $0.00 $0.00 $0.00
YoY Change
Other Long-Term Liabilities
YoY Change
Total Long-Term Liabilities $0.00 $0.00 $0.00
YoY Change
TOTAL LIABILITIES
Total Short-Term Liabilities $71.84M $65.67M $62.14M
Total Long-Term Liabilities $0.00 $0.00 $0.00
Total Liabilities $87.96M $83.90M $80.40M
YoY Change 23.92% 29.08% 34.0%
SHAREHOLDERS EQUITY
Retained Earnings $336.2M $327.8M $319.1M
YoY Change 11.4%
Common Stock $118.8M $116.4M $114.4M
YoY Change 7.13%
Preferred Stock
YoY Change
Treasury Stock (at cost) $328.5M $325.3M $321.1M
YoY Change 9.02%
Treasury Stock Shares 32.15M shares 32.08M shares 31.97M shares
Shareholders Equity $126.5M $119.0M $112.4M
YoY Change
Total Liabilities & Shareholders Equity $214.5M $202.9M $192.8M
YoY Change 17.6% 15.94% 7.15%

Cashflow Statement

Concept 2014 Q1 2013 Q4 2013 Q3
OPERATING ACTIVITIES
Net Income $8.333M $8.775M $8.675M
YoY Change 9.93% 48.13% 30.84%
Depreciation, Depletion And Amortization $4.210M $4.080M $4.110M
YoY Change 8.23% 4.35% 14.8%
Cash From Operating Activities $9.190M $17.09M $11.73M
YoY Change -18.17% -13.38% 12.9%
INVESTING ACTIVITIES
Capital Expenditures -$5.660M -$3.690M -$3.510M
YoY Change -0.35% 28.12% 19.8%
Acquisitions
YoY Change
Other Investing Activities $0.00
YoY Change
Cash From Investing Activities -$5.660M -$3.690M -$3.510M
YoY Change -0.35% 28.12% 19.8%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $4.200M $12.40M
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -1.400M -2.850M -11.06M
YoY Change -78.46% -82.3% 447.52%
NET CHANGE
Cash From Operating Activities 9.190M 17.09M 11.73M
Cash From Investing Activities -5.660M -3.690M -3.510M
Cash From Financing Activities -1.400M -2.850M -11.06M
Net Change In Cash 2.130M 10.55M -2.840M
YoY Change -324.21% 1306.67% -152.21%
FREE CASH FLOW
Cash From Operating Activities $9.190M $17.09M $11.73M
Capital Expenditures -$5.660M -$3.690M -$3.510M
Free Cash Flow $14.85M $20.78M $15.24M
YoY Change -12.18% -8.09% 14.41%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
CY2015Q2 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
20091126 shares
CY2013Q2 crvl Dividends Common Stock Stock Percentage
DividendsCommonStockStockPercentage
1.00 pure
CY2014Q2 us-gaap Cost Method Investments Original Cost
CostMethodInvestmentsOriginalCost
2000000
CY2014Q3 dei Entity Public Float
EntityPublicFloat
386692000
CY2012Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
1502046 shares
CY2012Q1 us-gaap Stockholders Equity
StockholdersEquity
110382000
CY2012Q1 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
6597000
CY2013Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
18.66
CY2013Q1 us-gaap Share Based Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Number Of Exercisable Options
ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeNumberOfExercisableOptions
557924 shares
CY2013Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
1100952 shares
CY2013Q1 us-gaap Income Tax Examination Penalties And Interest Accrued
IncomeTaxExaminationPenaltiesAndInterestAccrued
257000
CY2013Q1 us-gaap Stockholders Equity
StockholdersEquity
111402000
CY2013Q1 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
19822000
CY2014Q1 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
53126866 shares
CY2014Q1 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
20979392 shares
CY2014Q1 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
120000000 shares
CY2014Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
24.80
CY2014Q1 us-gaap Treasury Stock Shares
TreasuryStockShares
32147474 shares
CY2014Q1 us-gaap Share Based Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Number Of Exercisable Options
ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeNumberOfExercisableOptions
430294 shares
CY2014Q1 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.0001
CY2014Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
1115984 shares
CY2014Q1 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
109293000
CY2014Q1 us-gaap Liabilities Current
LiabilitiesCurrent
71840000
CY2014Q1 us-gaap Deferred Tax Liabilities Property Plant And Equipment
DeferredTaxLiabilitiesPropertyPlantAndEquipment
14409000
CY2014Q1 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
1745000
CY2014Q1 us-gaap Accrued Rent Current
AccruedRentCurrent
2493000
CY2014Q1 us-gaap Income Tax Examination Penalties And Interest Accrued
IncomeTaxExaminationPenaltiesAndInterestAccrued
83000
CY2014Q1 us-gaap Deferred Tax Liabilities Other
DeferredTaxLiabilitiesOther
218000
CY2014Q1 us-gaap Common Stock Value
CommonStockValue
3000
CY2014Q1 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
CY2014Q1 us-gaap Accounts Payable Current
AccountsPayableCurrent
17437000
CY2014Q1 us-gaap Self Insurance Reserve Current
SelfInsuranceReserveCurrent
3190000
CY2014Q1 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
336168000
CY2014Q1 us-gaap Goodwill Impaired Accumulated Impairment Loss
GoodwillImpairedAccumulatedImpairmentLoss
2069000
CY2014Q1 us-gaap Deferred Tax Liabilities Noncurrent
DeferredTaxLiabilitiesNoncurrent
16119000
CY2014Q1 us-gaap Deferred Tax Liabilities Goodwill And Intangible Assets Intangible Assets
DeferredTaxLiabilitiesGoodwillAndIntangibleAssetsIntangibleAssets
4934000
CY2014Q1 us-gaap Capitalized Computer Software Accumulated Amortization
CapitalizedComputerSoftwareAccumulatedAmortization
53734000
CY2014Q1 us-gaap Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
118831000
CY2014Q1 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
53375000
CY2014Q1 us-gaap Stockholders Equity
StockholdersEquity
126522000
CY2014Q1 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
1458000
CY2014Q1 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
214481000
CY2014Q1 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
3708000
CY2014Q1 us-gaap Customer Deposits Current
CustomerDepositsCurrent
16629000
CY2014Q1 us-gaap Accrued Professional Fees Current
AccruedProfessionalFeesCurrent
6419000
CY2014Q1 us-gaap Deferred Revenue Current
DeferredRevenueCurrent
5176000
CY2014Q1 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
700000
CY2014Q1 us-gaap Taxes Payable Current
TaxesPayableCurrent
1028000
CY2014Q1 us-gaap Liabilities
Liabilities
87959000
CY2014Q1 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
18010000
CY2014Q1 us-gaap Deferred Tax Liabilities
DeferredTaxLiabilities
19561000
CY2014Q1 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
34866000
CY2014Q1 us-gaap Goodwill
Goodwill
36814000
CY2014Q1 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
51253000
CY2014Q1 us-gaap Unbilled Receivables Current
UnbilledReceivablesCurrent
11922000
CY2014Q1 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Accrued Liabilities
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsAccruedLiabilities
6672000
CY2014Q1 us-gaap Deferred Tax Assets Other
DeferredTaxAssetsOther
955000
CY2014Q1 us-gaap Deposits Assets Current
DepositsAssetsCurrent
16142000
CY2014Q1 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
5193000
CY2014Q1 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Share Based Compensation Cost
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsShareBasedCompensationCost
717000
CY2014Q1 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
160546000
CY2014Q1 us-gaap Capitalized Computer Software Net
CapitalizedComputerSoftwareNet
19360000
CY2014Q1 us-gaap Assets
Assets
214481000
CY2014Q1 us-gaap Deferred Tax Assets Liabilities Net
DeferredTaxAssetsLiabilitiesNet
-9258000
CY2014Q1 us-gaap Deferred Tax Assets Net
DeferredTaxAssetsNet
10303000
CY2014Q1 us-gaap Deferred Tax Assets Net Current
DeferredTaxAssetsNetCurrent
6861000
CY2014Q1 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
57229000
CY2014Q1 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Allowance For Doubtful Accounts
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsAllowanceForDoubtfulAccounts
692000
CY2014Q1 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
261000
CY2014Q1 us-gaap Prepaid Taxes
PrepaidTaxes
1346000
CY2014Q1 us-gaap Treasury Stock Value
TreasuryStockValue
328480000
CY2014Q1 us-gaap Assets Current
AssetsCurrent
120960000
CY2014Q1 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
8901000
CY2014Q1 us-gaap Other Intangible Assets Net
OtherIntangibleAssetsNet
5193000
CY2014Q1 us-gaap Prepaid Expense Current
PrepaidExpenseCurrent
5862000
CY2014Q1 crvl Accounts And Taxes Payable
AccountsAndTaxesPayable
18465000
CY2014Q1 crvl Deferred Tax Assets Accrued Rent
DeferredTaxAssetsAccruedRent
1267000
CY2015Q1 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
53243157 shares
CY2015Q1 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
20250669 shares
CY2015Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestExercisableWeightedAverageExercisePrice
26.70
CY2015Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingNumber
1046818 shares
CY2015Q1 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
120000000 shares
CY2015Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
27.65
CY2015Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber
559168 shares
CY2015Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice
21.20
CY2015Q1 us-gaap Treasury Stock Shares
TreasuryStockShares
32992488 shares
CY2015Q1 us-gaap Share Based Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Number Of Exercisable Options
ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeNumberOfExercisableOptions
559168 shares
CY2015Q1 us-gaap Class Of Warrant Or Right Exercise Price Of Warrants Or Rights1
ClassOfWarrantOrRightExercisePriceOfWarrantsOrRights1
118
CY2015Q1 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.0001
CY2015Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Available For Grant
ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAvailableForGrant
19365000 shares
CY2015Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
1163179 shares
CY2015Q1 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
118712000
CY2015Q1 us-gaap Operating Leases Future Minimum Payments Due Thereafter
OperatingLeasesFutureMinimumPaymentsDueThereafter
5136000
CY2015Q1 us-gaap Line Of Credit Facility Current Borrowing Capacity
LineOfCreditFacilityCurrentBorrowingCapacity
10000000
CY2015Q1 us-gaap Liabilities Current
LiabilitiesCurrent
74088000
CY2015Q1 us-gaap Deferred Tax Liabilities Property Plant And Equipment
DeferredTaxLiabilitiesPropertyPlantAndEquipment
15985000
CY2015Q1 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
1645000
CY2015Q1 us-gaap Accrued Rent Current
AccruedRentCurrent
5608000
CY2015Q1 us-gaap Letters Of Credit Outstanding Amount
LettersOfCreditOutstandingAmount
4500000
CY2015Q1 us-gaap Income Tax Examination Penalties And Interest Accrued
IncomeTaxExaminationPenaltiesAndInterestAccrued
140000
CY2015Q1 us-gaap Deferred Tax Liabilities Other
DeferredTaxLiabilitiesOther
564000
CY2015Q1 us-gaap Common Stock Value
CommonStockValue
3000
CY2015Q1 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
CY2015Q1 us-gaap Accounts Payable Current
AccountsPayableCurrent
13578000
CY2015Q1 us-gaap Self Insurance Reserve Current
SelfInsuranceReserveCurrent
3305000
CY2015Q1 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
364758000
CY2015Q1 us-gaap Operating Leases Future Minimum Payments Due In Four Years
OperatingLeasesFutureMinimumPaymentsDueInFourYears
5398000
CY2015Q1 us-gaap Goodwill Impaired Accumulated Impairment Loss
GoodwillImpairedAccumulatedImpairmentLoss
2069000
CY2015Q1 us-gaap Deferred Tax Liabilities Noncurrent
DeferredTaxLiabilitiesNoncurrent
16743000
CY2015Q1 us-gaap Deferred Tax Liabilities Goodwill And Intangible Assets Intangible Assets
DeferredTaxLiabilitiesGoodwillAndIntangibleAssetsIntangibleAssets
5217000
CY2015Q1 us-gaap Capitalized Computer Software Accumulated Amortization
CapitalizedComputerSoftwareAccumulatedAmortization
61012000
CY2015Q1 us-gaap Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
123440000
CY2015Q1 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
58318000
CY2015Q1 us-gaap Stockholders Equity
StockholdersEquity
127923000
CY2015Q1 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
1269000
CY2015Q1 us-gaap Operating Leases Future Minimum Payments Due
OperatingLeasesFutureMinimumPaymentsDue
51530000
CY2015Q1 us-gaap Operating Leases Future Minimum Payments Due In Five Years
OperatingLeasesFutureMinimumPaymentsDueInFiveYears
3212000
CY2015Q1 us-gaap Operating Leases Future Minimum Payments Due In Three Years
OperatingLeasesFutureMinimumPaymentsDueInThreeYears
9554000
CY2015Q1 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
218754000
CY2015Q1 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
4165000
CY2015Q1 us-gaap Customer Deposits Current
CustomerDepositsCurrent
17760000
CY2015Q1 us-gaap Accrued Professional Fees Current
AccruedProfessionalFeesCurrent
5308000
CY2015Q1 us-gaap Deferred Revenue Current
DeferredRevenueCurrent
7294000
CY2015Q1 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
1989000
CY2015Q1 us-gaap Taxes Payable Current
TaxesPayableCurrent
2192000
CY2015Q1 us-gaap Operating Leases Future Minimum Payments Due In Two Years
OperatingLeasesFutureMinimumPaymentsDueInTwoYears
12906000
CY2015Q1 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Share Based Compensation Cost
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsShareBasedCompensationCost
1044000
CY2015Q1 us-gaap Finite Lived Intangible Assets Amortization Expense Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseYearFive
437000
CY2015Q1 us-gaap Line Of Credit
LineOfCredit
618000
CY2015Q1 us-gaap Liabilities
Liabilities
90831000
CY2015Q1 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
17774000
CY2015Q1 us-gaap Operating Leases Future Minimum Payments Due Current
OperatingLeasesFutureMinimumPaymentsDueCurrent
15324000
CY2015Q1 us-gaap Deferred Tax Liabilities
DeferredTaxLiabilities
21766000
CY2015Q1 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
25516000
CY2015Q1 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Stock Options
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedStockOptions
4820000
CY2015Q1 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
437000
CY2015Q1 us-gaap Goodwill
Goodwill
36814000
CY2015Q1 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
56299000
CY2015Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
9894029
CY2015Q1 us-gaap Unbilled Receivables Current
UnbilledReceivablesCurrent
12357000
CY2015Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Exercisable Aggregate Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestExercisableAggregateIntrinsicValue
9750025
CY2015Q1 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Accrued Liabilities
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsAccruedLiabilities
7547000
CY2015Q1 us-gaap Deferred Tax Assets Other
DeferredTaxAssetsOther
830000
CY2015Q1 us-gaap Deposits Assets Current
DepositsAssetsCurrent
17319000
CY2015Q1 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
4736000
CY2015Q1 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
175011000
CY2015Q1 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Intrinsic Value1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableIntrinsicValue1
7636110
CY2015Q1 us-gaap Capitalized Computer Software Net
CapitalizedComputerSoftwareNet
21327000
CY2015Q1 us-gaap Finite Lived Intangible Assets Amortization Expense After Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseAfterYearFive
2539000
CY2015Q1 us-gaap Assets
Assets
218754000
CY2015Q1 us-gaap Deferred Tax Assets Liabilities Net
DeferredTaxAssetsLiabilitiesNet
-9562000
CY2015Q1 us-gaap Deferred Tax Assets Net
DeferredTaxAssetsNet
12204000
CY2015Q1 us-gaap Deferred Tax Assets Net Current
DeferredTaxAssetsNetCurrent
7181000
CY2015Q1 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
437000
CY2015Q1 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
57537000
CY2015Q1 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Allowance For Doubtful Accounts
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsAllowanceForDoubtfulAccounts
631000
CY2015Q1 us-gaap Finite Lived Intangible Assets Amortization Expense Next Twelve Months
FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths
449000
CY2015Q1 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
1677000
CY2015Q1 us-gaap Prepaid Taxes
PrepaidTaxes
5758000
CY2015Q1 us-gaap Treasury Stock Value
TreasuryStockValue
360278000
CY2015Q1 us-gaap Assets Current
AssetsCurrent
119228000
CY2015Q1 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
437000
CY2015Q1 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
8901000
CY2015Q1 us-gaap Other Intangible Assets Net
OtherIntangibleAssetsNet
4736000
CY2015Q1 us-gaap Prepaid Expense Current
PrepaidExpenseCurrent
11675000
CY2015Q1 crvl Accounts And Taxes Payable
AccountsAndTaxesPayable
15770000
CY2015Q1 crvl Line Of Credit Facility Debt To Net Worth Ratio
LineOfCreditFacilityDebtToNetWorthRatio
1.25 pure
CY2015Q1 crvl Line Of Credit Facility Current Assets To Liabilities Ratio
LineOfCreditFacilityCurrentAssetsToLiabilitiesRatio
1.25 pure
CY2015Q1 crvl Deferred Tax Assets Accrued Rent
DeferredTaxAssetsAccruedRent
2152000
CY2013 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.19
CY2013 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
12.80
CY2013 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
9.30
CY2013 us-gaap Treasury Stock Shares Acquired
TreasuryStockSharesAcquired
1410812 shares
CY2013 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
202000 shares
CY2013 us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
54819000
CY2013 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
0.000 pure
CY2013 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1
P4Y6M
CY2013 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
246200 shares
CY2013 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate Minimum
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRateMinimum
0.006 pure
CY2013 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures And Expirations In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriodWeightedAverageExercisePrice
21.26
CY2013 us-gaap Treasury Stock Acquired Average Cost Per Share
TreasuryStockAcquiredAverageCostPerShare
21.78
CY2013 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
22458000 shares
CY2013 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.20
CY2013 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures And Expirations In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriod
299204 shares
CY2013 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
23.04
CY2013 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate
0.47 pure
CY2013 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate Maximum
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRateMaximum
0.008 pure
CY2013 us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
348090 shares
CY2013 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
22256000 shares
CY2013 us-gaap Gross Profit
GrossProfit
91660000
CY2013 us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
3399000
CY2013 us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
111000
CY2013 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
43895000
CY2013 us-gaap Stock Issued During Period Value Employee Stock Purchase Plan
StockIssuedDuringPeriodValueEmployeeStockPurchasePlan
313000
CY2013 us-gaap Gain Loss On Disposition Of Assets
GainLossOnDispositionOfAssets
-412000
CY2013 us-gaap Income Taxes Paid
IncomeTaxesPaid
9663000
CY2013 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
30727000
CY2013 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
14887000
CY2013 us-gaap Net Income Loss
NetIncomeLoss
26730000
CY2013 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
1894000
CY2013 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
997000
CY2013 us-gaap Adjustments To Additional Paid In Capital Tax Effect From Share Based Compensation
AdjustmentsToAdditionalPaidInCapitalTaxEffectFromShareBasedCompensation
308000
CY2013 us-gaap Sales Revenue Services Net
SalesRevenueServicesNet
429310000
CY2013 us-gaap Increase Decrease In Prepaid Expense
IncreaseDecreaseInPrepaidExpense
-4845000
CY2013 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
2276000
CY2013 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
15739000
CY2013 us-gaap Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
821000
CY2013 us-gaap Increase Decrease In Customer Deposits
IncreaseDecreaseInCustomerDeposits
-4291000
CY2013 us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
337650000
CY2013 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
-34000
CY2013 us-gaap Excess Tax Benefit From Share Based Compensation Financing Activities
ExcessTaxBenefitFromShareBasedCompensationFinancingActivities
308000
CY2013 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
2123000
CY2013 us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
30727000
CY2013 us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
13225000
CY2013 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
15363000
CY2013 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
17165000
CY2013 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
11236000
CY2013 us-gaap Employee Service Share Based Compensation Cash Received From Exercise Of Stock Options
EmployeeServiceShareBasedCompensationCashReceivedFromExerciseOfStockOptions
3399000
CY2013 us-gaap Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
-26707000
CY2013 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
3653000
CY2013 us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
7179000
CY2013 us-gaap Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
-14887000
CY2013 us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
3399000
CY2013 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
14889000
CY2013 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
1172000
CY2013 us-gaap Lease And Rental Expense
LeaseAndRentalExpense
13951000
CY2013 us-gaap Proceeds From Stock Plans
ProceedsFromStockPlans
313000
CY2013 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
47765000
CY2013 us-gaap Share Based Compensation
ShareBasedCompensation
997000
CY2013 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
6776000
CY2013 us-gaap Unrecognized Tax Benefits Income Tax Penalties And Interest Expense
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestExpense
80000
CY2013 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
2310000
CY2013 us-gaap Defined Contribution Plan Employer Discretionary Contribution Amount
DefinedContributionPlanEmployerDiscretionaryContributionAmount
372000
CY2013 us-gaap Income Tax Reconciliation Other Reconciling Items
IncomeTaxReconciliationOtherReconcilingItems
-217000
CY2013 crvl Income Tax Reconciliation Uncertain Tax Positions
IncomeTaxReconciliationUncertainTaxPositions
-26000
CY2013 crvl Increase Decrease In Accounts And Taxes Payable
IncreaseDecreaseInAccountsAndTaxesPayable
814000
CY2013 crvl Share Based Compensation Shares Authorized Under Stock Option Plans Options Available For Future Grants
ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansOptionsAvailableForFutureGrants
1285056 shares
CY2014 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.61
CY2014 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
15.31
CY2014 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
13.96
CY2014 us-gaap Treasury Stock Shares Acquired
TreasuryStockSharesAcquired
830460 shares
CY2014 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
268000 shares
CY2014 us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
54800000
CY2014 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
0.000 pure
CY2014 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
441550 shares
CY2014 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate Minimum
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRateMinimum
0.007 pure
CY2014 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures And Expirations In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriodWeightedAverageExercisePrice
23.33
CY2014 us-gaap Treasury Stock Acquired Average Cost Per Share
TreasuryStockAcquiredAverageCostPerShare
32.73
CY2014 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
21372000 shares
CY2014 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.63
CY2014 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures And Expirations In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriod
115789 shares
CY2014 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
33.06
CY2014 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate
0.47 pure
CY2014 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate Maximum
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRateMaximum
0.015 pure
CY2014 us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
310729 shares
CY2014 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
21104000 shares
CY2014 us-gaap Gross Profit
GrossProfit
108481000
CY2014 us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
3386000
CY2014 us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
-159000
CY2014 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
56507000
CY2014 us-gaap Stock Issued During Period Value Employee Stock Purchase Plan
StockIssuedDuringPeriodValueEmployeeStockPurchasePlan
346000
CY2014 us-gaap Gain Loss On Disposition Of Assets
GainLossOnDispositionOfAssets
-78000
CY2014 us-gaap Income Taxes Paid
IncomeTaxesPaid
20791000
CY2014 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
27179000
CY2014 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
18344000
CY2014 us-gaap Net Income Loss
NetIncomeLoss
34392000
CY2014 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
9456000
CY2014 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
2140000
CY2014 us-gaap Adjustments To Additional Paid In Capital Tax Effect From Share Based Compensation
AdjustmentsToAdditionalPaidInCapitalTaxEffectFromShareBasedCompensation
2035000
CY2014 us-gaap Sales Revenue Services Net
SalesRevenueServicesNet
478816000
CY2014 us-gaap Increase Decrease In Prepaid Expense
IncreaseDecreaseInPrepaidExpense
-1556000
CY2014 us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
2343000
CY2014 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-2519000
CY2014 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
16411000
CY2014 us-gaap Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
-293000
CY2014 us-gaap Increase Decrease In Customer Deposits
IncreaseDecreaseInCustomerDeposits
-6035000
CY2014 us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
370335000
CY2014 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
-152000
CY2014 us-gaap Excess Tax Benefit From Share Based Compensation Financing Activities
ExcessTaxBenefitFromShareBasedCompensationFinancingActivities
2035000
CY2014 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
1332000
CY2014 us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
27179000
CY2014 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
470000
CY2014 us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
15044000
CY2014 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
20633000
CY2014 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
22115000
CY2014 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
21978000
CY2014 us-gaap Depreciation
Depreciation
15941000
CY2014 us-gaap Employee Service Share Based Compensation Cash Received From Exercise Of Stock Options
EmployeeServiceShareBasedCompensationCashReceivedFromExerciseOfStockOptions
3386000
CY2014 us-gaap Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
-21412000
CY2014 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
2656000
CY2014 us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
14207000
CY2014 us-gaap Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
-18344000
CY2014 us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
3386000
CY2014 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
24634000
CY2014 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
1826000
CY2014 us-gaap Lease And Rental Expense
LeaseAndRentalExpense
13890000
CY2014 us-gaap Proceeds From Stock Plans
ProceedsFromStockPlans
346000
CY2014 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
51974000
CY2014 us-gaap Share Based Compensation
ShareBasedCompensation
2140000
CY2014 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
7726000
CY2014 us-gaap Unrecognized Tax Benefits Income Tax Penalties And Interest Expense
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestExpense
-173000
CY2014 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
-2367000
CY2014 us-gaap Defined Contribution Plan Employer Discretionary Contribution Amount
DefinedContributionPlanEmployerDiscretionaryContributionAmount
338000
CY2014 us-gaap Income Tax Reconciliation Other Reconciling Items
IncomeTaxReconciliationOtherReconcilingItems
194000
CY2014 crvl Income Tax Reconciliation Uncertain Tax Positions
IncomeTaxReconciliationUncertainTaxPositions
245000
CY2014 crvl Increase Decrease In Accounts And Taxes Payable
IncreaseDecreaseInAccountsAndTaxesPayable
2535000
CY2014 crvl Share Based Compensation Shares Authorized Under Stock Option Plans Options Available For Future Grants
ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansOptionsAvailableForFutureGrants
959295 shares
CY2015 us-gaap Use Of Estimates
UseOfEstimates
<p style="MARGIN-BOTTOM: 0pt; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; MARGIN-TOP: 12pt; TEXT-INDENT: 4%"> <i>Use of Estimates:</i> The preparation of financial statements in compliance with accounting principles generally accepted in the United States of America requires management to make estimates and assumptions that affect the amounts reported in the accompanying financial statements. Actual results could differ from those estimates. Significant estimates include the values assigned to intangible assets, capitalized software development, the allowance for doubtful accounts, accrual for income taxes, share-based payments related to performance based awards, loss contingencies, estimated claims for claims administration revenue recognition, estimates used in stock options valuations, and accrual for self-insurance reserves.</p>
CY2015 us-gaap Number Of Reportable Segments
NumberOfReportableSegments
1 Segment
CY2015 us-gaap Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
-29398000
CY2015 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
136000
CY2015 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.37
CY2015 us-gaap Stock Issued During Period Shares Employee Stock Purchase Plans
StockIssuedDuringPeriodSharesEmployeeStockPurchasePlans
2439296 shares
CY2015 us-gaap Finite Lived Intangible Asset Useful Life
FiniteLivedIntangibleAssetUsefulLife
P5Y
CY2015 dei Document Period End Date
DocumentPeriodEndDate
2015-03-31
CY2015 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
16534000
CY2015 us-gaap Depreciation
Depreciation
17537000
CY2015 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested And Expected To Vest Outstanding Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingWeightedAverageRemainingContractualTerm1
P3Y3M29D
CY2015 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
17.27
CY2015 dei Document Type
DocumentType
10-K
CY2015 dei Entity Registrant Name
EntityRegistrantName
CORVEL CORP
CY2015 dei Entity Well Known Seasoned Issuer
EntityWellKnownSeasonedIssuer
No
CY2015 dei Trading Symbol
TradingSymbol
CRVL
CY2015 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Expirations In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExpirationsInPeriodWeightedAverageExercisePrice
26.20
CY2015 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Forfeitures In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsForfeituresInPeriodWeightedAverageExercisePrice
37.78
CY2015 us-gaap Treasury Stock Acquired Average Cost Per Share
TreasuryStockAcquiredAverageCostPerShare
37.63
CY2015 dei Amendment Flag
AmendmentFlag
false
CY2015 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
-8000
CY2015 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Expirations In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExpirationsInPeriod
37818 shares
CY2015 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
15.00
CY2015 us-gaap Treasury Stock Shares Acquired
TreasuryStockSharesAcquired
845014 shares
CY2015 dei Entity Filer Category
EntityFilerCategory
Accelerated Filer
CY2015 dei Entity Voluntary Filers
EntityVoluntaryFilers
No
CY2015 us-gaap Debt Instrument Basis Spread On Variable Rate1
DebtInstrumentBasisSpreadOnVariableRate1
0.0150 pure
CY2015 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Period For Recognition1
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition1
P3Y
CY2015 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
221000 shares
CY2015 us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
44316000
CY2015 dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--03-31
CY2015 dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2015
CY2015 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
20890000 shares
CY2015 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.38
CY2015 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
0.000 pure
CY2015 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriod
44854 shares
CY2015 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
241625 shares
CY2015 us-gaap Employee Service Share Based Compensation Cash Received From Exercise Of Stock Options
EmployeeServiceShareBasedCompensationCashReceivedFromExerciseOfStockOptions
1603000
CY2015 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate Minimum
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRateMinimum
0.013 pure
CY2015 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures And Expirations In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriodWeightedAverageExercisePrice
32.31
CY2015 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
P3Y5M1D
CY2015 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
2038000
CY2015 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
2209000
CY2015 us-gaap Adjustments To Additional Paid In Capital Tax Effect From Share Based Compensation
AdjustmentsToAdditionalPaidInCapitalTaxEffectFromShareBasedCompensation
397000
CY2015 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableWeightedAverageRemainingContractualTerm1
P2Y9M11D
CY2015 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures And Expirations In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriod
82672 shares
CY2015 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
37.64
CY2015 dei Entity Central Index Key
EntityCentralIndexKey
0000874866
CY2015 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.35 pure
CY2015 us-gaap Unrecognized Tax Benefits Increases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromPriorPeriodTaxPositions
0
CY2015 us-gaap Gross Profit
GrossProfit
99969000
CY2015 us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
1603000
CY2015 us-gaap Payments To Acquire Investments
PaymentsToAcquireInvestments
1400000
CY2015 us-gaap Sales Revenue Services Net
SalesRevenueServicesNet
492625000
CY2015 us-gaap Increase Decrease In Prepaid Expense
IncreaseDecreaseInPrepaidExpense
5813000
CY2015 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate
0.45 pure
CY2015 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate Maximum
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRateMaximum
0.017 pure
CY2015 dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
FY
CY2015 us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
18000
CY2015 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
45564000
CY2015 us-gaap Stock Issued During Period Value Employee Stock Purchase Plan
StockIssuedDuringPeriodValueEmployeeStockPurchasePlan
400000
CY2015 us-gaap Concentration Risk Credit Risk
ConcentrationRiskCreditRisk
<p style="MARGIN-BOTTOM: 0pt; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; MARGIN-TOP: 0pt; TEXT-INDENT: 4%"> <i>Concentrations of Credit Risk:</i> Substantially all of the Company&#x2019;s customers are payors of workers&#x2019; compensation benefits and property and casualty insurance, which include insurance companies, third party administrators, self-insured employers and government entities. Receivables are generally due within 30 days. Credit losses relating to customers in the workers&#x2019; compensation insurance industry consistently have been within management&#x2019;s expectations. Virtually all of the Company&#x2019;s cash is invested at financial institutions in amounts which exceed the FDIC insurance levels. No customer accounted for 10% or more of revenue for either fiscal 2013, 2014, or 2015. No customer accounted for 10% or more of accounts receivable at either March&#xA0;31, 2014 or 2015.</p>
CY2015 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
304000
CY2015 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
17995000
CY2015 us-gaap Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
-1978000
CY2015 us-gaap Increase Decrease In Customer Deposits
IncreaseDecreaseInCustomerDeposits
-1176000
CY2015 us-gaap Unrecognized Tax Benefits Decreases Resulting From Current Period Tax Positions
UnrecognizedTaxBenefitsDecreasesResultingFromCurrentPeriodTaxPositions
60000
CY2015 us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
392656000
CY2015 us-gaap Sharebased Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Outstanding Options Weighted Average Remaining Contractual Term2
SharebasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeOutstandingOptionsWeightedAverageRemainingContractualTerm2
P3Y5M1D
CY2015 us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
111758 shares
CY2015 dei Entity Current Reporting Status
EntityCurrentReportingStatus
Yes
CY2015 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
20669000 shares
CY2015 us-gaap Gain Loss On Disposition Of Assets
GainLossOnDispositionOfAssets
-285000
CY2015 us-gaap Income Taxes Paid
IncomeTaxesPaid
19528000
CY2015 us-gaap Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromCurrentPeriodTaxPositions
1499000
CY2015 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
31798000
CY2015 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
22868000
CY2015 us-gaap Net Income Loss
NetIncomeLoss
28590000
CY2015 us-gaap Excess Tax Benefit From Share Based Compensation Financing Activities
ExcessTaxBenefitFromShareBasedCompensationFinancingActivities
397000
CY2015 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
1730000
CY2015 us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
31798000
CY2015 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
457000
CY2015 us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
-9350000
CY2015 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
15947000
CY2015 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
16974000
CY2015 us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
4943000
CY2015 us-gaap Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
-24268000
CY2015 us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
1603000
CY2015 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
16670000
CY2015 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
1535000
CY2015 us-gaap Lease And Rental Expense
LeaseAndRentalExpense
15297000
CY2015 us-gaap Proceeds From Stock Plans
ProceedsFromStockPlans
400000
CY2015 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
54405000
CY2015 us-gaap Goodwill And Intangible Asset Impairment
GoodwillAndIntangibleAssetImpairment
0
CY2015 us-gaap Share Based Compensation
ShareBasedCompensation
2209000
CY2015 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
2455000
CY2015 us-gaap Unrecognized Tax Benefits Income Tax Penalties And Interest Expense
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestExpense
57000
CY2015 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
312000
CY2015 us-gaap Defined Contribution Plan Employer Discretionary Contribution Amount
DefinedContributionPlanEmployerDiscretionaryContributionAmount
443000
CY2015 us-gaap Income Tax Reconciliation Other Reconciling Items
IncomeTaxReconciliationOtherReconcilingItems
124000
CY2015 us-gaap Unrecognized Tax Benefits Decreases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsDecreasesResultingFromPriorPeriodTaxPositions
150000
CY2015 crvl Shareholder Right Purchase Percentage
ShareholderRightPurchasePercentage
0.18 pure
CY2015 crvl Line Of Credit Expiration Period
LineOfCreditExpirationPeriod
September 2015
CY2015 crvl Income Tax Reconciliation Uncertain Tax Positions
IncomeTaxReconciliationUncertainTaxPositions
-1346000
CY2015 crvl Shareholder Plan Percentage Of Acquired Entity
ShareholderPlanPercentageOfAcquiredEntity
0.15 pure
CY2015 crvl Increase Decrease In Accounts And Taxes Payable
IncreaseDecreaseInAccountsAndTaxesPayable
-2695000
CY2015 crvl Line Of Credit Facility Repayment Date
LineOfCreditFacilityRepaymentDate
2015-04-01
CY2015 crvl Share Based Compensation Shares Authorized Under Stock Option Plans Options Available For Future Grants
ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansOptionsAvailableForFutureGrants
800342 shares
CY2015Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.27
CY2015Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.27
CY2015 crvl Debt To Tangible Net Worth Not Greater Than
DebtToTangibleNetWorthNotGreaterThan
Debt to tangible net worth not greater than 1.25:1
CY2015 crvl Shareholder Right Purchase
ShareholderRightPurchase
Fidelity Management & Research Company and its affiliates to purchase up to 18% of the shares of common stock of the Company without triggering the stockholder rights.
CY2015 crvl Interest Bearing Securities With Maturities
InterestBearingSecuritiesWithMaturities
P90D
CY2015 crvl Fluctuating Rate Determined By Financial Institution
FluctuatingRateDeterminedByFinancialInstitution
Fluctuating rate determined by the financial institution to be 1.50% above the daily one-month LIBOR rate.
CY2015 crvl Shareholder Plan Percentage Of Merged Entity
ShareholderPlanPercentageOfMergedEntity
0.50 pure
CY2015 crvl Period Of Unrecognized Tax Benefits
PeriodOfUnrecognizedTaxBenefits
P12M
CY2015 crvl Accounts Receivable Due Period
AccountsReceivableDuePeriod
P30D
CY2015 crvl Shareholder Right Expiration Date
ShareholderRightExpirationDate
2022-02-10
CY2015 crvl Tenant Improvement Allowance
TenantImprovementAllowance
3100000
CY2015 crvl Employee Stock Purchase Plan Employee Contribution Percent Of Gross Pay
EmployeeStockPurchasePlanEmployeeContributionPercentOfGrossPay
0.20 pure
CY2015 crvl Treasury Stock Average Cost Per Share
TreasuryStockAverageCostPerShare
10.92
CY2015 crvl Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Forfeiture Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedForfeitureRate
0.118 pure
CY2015 crvl Shareholder Plan Description Of Acquired Entity
ShareholderPlanDescriptionOfAcquiredEntity
Shareholder Rights Plan provides that if a person or group acquires 15% or more of the Company's common stock
CY2015 crvl Shareholder Plan Description Of Merged Entity
ShareholderPlanDescriptionOfMergedEntity
Company is thereafter merged into another entity, or if 50% or more of the Company's consolidated assets or earning power are sold, then the right will entitle its holder to buy common shares of the acquiring entity having a market value equal to two times the then-current exercise price of the right.
CY2014Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.39
CY2014Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.40
CY2014Q1 us-gaap Gross Profit
GrossProfit
26537000
CY2014Q1 us-gaap Net Income Loss
NetIncomeLoss
8333000
CY2014Q1 us-gaap Sales Revenue Services Net
SalesRevenueServicesNet
120246000
CY2015Q1 us-gaap Gross Profit
GrossProfit
22674000
CY2015Q1 us-gaap Net Income Loss
NetIncomeLoss
5576000
CY2015Q1 us-gaap Sales Revenue Services Net
SalesRevenueServicesNet
122195000
CY2013Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.40
CY2013Q2 us-gaap Stockholders Equity Note Stock Split Conversion Ratio1
StockholdersEquityNoteStockSplitConversionRatio1
2 pure
CY2013Q2 us-gaap Dividend Payable Date To Be Paid Day Month And Year
DividendPayableDateToBePaidDayMonthAndYear
2013-06-26
CY2013Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.40
CY2013Q2 us-gaap Dividends Payable Date Of Record Day Month And Year
DividendsPayableDateOfRecordDayMonthAndYear
2013-06-12
CY2013Q2 us-gaap Gross Profit
GrossProfit
26918000
CY2013Q2 us-gaap Net Income Loss
NetIncomeLoss
8609000
CY2013Q2 us-gaap Sales Revenue Services Net
SalesRevenueServicesNet
118113000
CY2014Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.39
CY2014Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.40
CY2014Q2 us-gaap Gross Profit
GrossProfit
27700000
CY2014Q2 us-gaap Net Income Loss
NetIncomeLoss
8299000
CY2014Q2 us-gaap Sales Revenue Services Net
SalesRevenueServicesNet
124364000
CY2013Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.41
CY2013Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.41
CY2013Q3 us-gaap Gross Profit
GrossProfit
27320000
CY2013Q3 us-gaap Net Income Loss
NetIncomeLoss
8675000
CY2013Q3 us-gaap Sales Revenue Services Net
SalesRevenueServicesNet
119359000
CY2013Q4 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.41
CY2013Q4 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.42
CY2013Q4 us-gaap Gross Profit
GrossProfit
27706000
CY2013Q4 us-gaap Net Income Loss
NetIncomeLoss
8775000
CY2013Q4 us-gaap Sales Revenue Services Net
SalesRevenueServicesNet
121098000
CY2014Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.37
CY2014Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.38
CY2014Q3 us-gaap Gross Profit
GrossProfit
25467000
CY2014Q3 us-gaap Net Income Loss
NetIncomeLoss
7883000
CY2014Q3 us-gaap Sales Revenue Services Net
SalesRevenueServicesNet
123714000
CY2014Q4 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.33
CY2014Q4 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.33
CY2014Q4 us-gaap Gross Profit
GrossProfit
24128000
CY2014Q4 us-gaap Net Income Loss
NetIncomeLoss
6832000
CY2014Q4 us-gaap Sales Revenue Services Net
SalesRevenueServicesNet
122352000

Files In Submission

Name View Source Status
0001193125-15-220604-index-headers.html Edgar Link pending
0001193125-15-220604-index.html Edgar Link pending
0001193125-15-220604.txt Edgar Link pending
0001193125-15-220604-xbrl.zip Edgar Link pending
crvl-20150331.xml Edgar Link completed
crvl-20150331.xsd Edgar Link pending
crvl-20150331_cal.xml Edgar Link unprocessable
crvl-20150331_def.xml Edgar Link unprocessable
crvl-20150331_lab.xml Edgar Link unprocessable
crvl-20150331_pre.xml Edgar Link unprocessable
d887326d10k.htm Edgar Link pending
d887326dex1019.htm Edgar Link pending
d887326dex1022.htm Edgar Link pending
d887326dex1023.htm Edgar Link pending
d887326dex1024.htm Edgar Link pending
d887326dex1025.htm Edgar Link pending
d887326dex1028.htm Edgar Link pending
d887326dex1029.htm Edgar Link pending
d887326dex1030.htm Edgar Link pending
d887326dex1031.htm Edgar Link pending
d887326dex1032.htm Edgar Link pending
d887326dex211.htm Edgar Link pending
d887326dex231.htm Edgar Link pending
d887326dex311.htm Edgar Link pending
d887326dex312.htm Edgar Link pending
d887326dex321.htm Edgar Link pending
d887326dex322.htm Edgar Link pending
FilingSummary.xml Edgar Link unprocessable
Financial_Report.xls Edgar Link pending
Financial_Report.xlsx Edgar Link pending
g887326g24c00.jpg Edgar Link pending
R1.htm Edgar Link pending
R10.htm Edgar Link pending
R11.htm Edgar Link pending
R12.htm Edgar Link pending
R13.htm Edgar Link pending
R14.htm Edgar Link pending
R15.htm Edgar Link pending
R16.htm Edgar Link pending
R17.htm Edgar Link pending
R18.htm Edgar Link pending
R19.htm Edgar Link pending
R2.htm Edgar Link pending
R20.htm Edgar Link pending
R21.htm Edgar Link pending
R22.htm Edgar Link pending
R23.htm Edgar Link pending
R24.htm Edgar Link pending
R25.htm Edgar Link pending
R26.htm Edgar Link pending
R27.htm Edgar Link pending
R28.htm Edgar Link pending
R29.htm Edgar Link pending
R3.htm Edgar Link pending
R30.htm Edgar Link pending
R31.htm Edgar Link pending
R32.htm Edgar Link pending
R33.htm Edgar Link pending
R34.htm Edgar Link pending
R35.htm Edgar Link pending
R36.htm Edgar Link pending
R37.htm Edgar Link pending
R38.htm Edgar Link pending
R39.htm Edgar Link pending
R4.htm Edgar Link pending
R40.htm Edgar Link pending
R41.htm Edgar Link pending
R42.htm Edgar Link pending
R43.htm Edgar Link pending
R44.htm Edgar Link pending
R45.htm Edgar Link pending
R46.htm Edgar Link pending
R47.htm Edgar Link pending
R48.htm Edgar Link pending
R49.htm Edgar Link pending
R5.htm Edgar Link pending
R50.htm Edgar Link pending
R51.htm Edgar Link pending
R52.htm Edgar Link pending
R53.htm Edgar Link pending
R54.htm Edgar Link pending
R55.htm Edgar Link pending
R56.htm Edgar Link pending
R57.htm Edgar Link pending
R58.htm Edgar Link pending
R59.htm Edgar Link pending
R6.htm Edgar Link pending
R60.htm Edgar Link pending
R61.htm Edgar Link pending
R62.htm Edgar Link pending
R63.htm Edgar Link pending
R64.htm Edgar Link pending
R7.htm Edgar Link pending
R8.htm Edgar Link pending
R9.htm Edgar Link pending
report.css Edgar Link pending
Show.js Edgar Link pending