2014 Q3 Form 10-Q Financial Statement
#000119312514299548 Filed on August 07, 2014
Income Statement
Concept | 2014 Q3 | 2014 Q2 | 2013 Q2 |
---|---|---|---|
Revenue | $227.3M | $228.7M | $212.6M |
YoY Change | 14.19% | 7.6% | -38.03% |
Cost Of Revenue | $60.80M | $59.00M | $89.50M |
YoY Change | -32.67% | -34.08% | -16.36% |
Gross Profit | $122.0M | $127.2M | $166.7M |
YoY Change | -20.73% | -23.7% | -13.72% |
Gross Profit Margin | 53.67% | 55.61% | 78.42% |
Selling, General & Admin | $132.1M | $129.1M | $194.0M |
YoY Change | -27.3% | -33.45% | -6.01% |
% of Gross Profit | 108.28% | 101.49% | 116.38% |
Research & Development | |||
YoY Change | |||
% of Gross Profit | |||
Depreciation & Amortization | $13.20M | $14.40M | $18.90M |
YoY Change | -28.26% | -23.81% | -5.5% |
% of Gross Profit | 10.82% | 11.32% | 11.34% |
Operating Expenses | $140.9M | $138.4M | $209.6M |
YoY Change | -28.55% | -33.97% | -6.22% |
Operating Profit | -$44.33M | -$31.02M | -$30.28M |
YoY Change | 45.06% | 2.46% | -69.98% |
Interest Expense | $103.0K | $108.0K | $212.0K |
YoY Change | -50.72% | -49.06% | 657.14% |
% of Operating Profit | |||
Other Income/Expense, Net | $81.00K | -$413.0K | $360.0K |
YoY Change | -169.23% | -214.72% | -1.37% |
Pretax Income | -$44.79M | -$33.75M | -$49.36M |
YoY Change | -18.65% | -31.64% | -51.33% |
Income Tax | $1.116M | $1.854M | -$26.53M |
% Of Pretax Income | |||
Net Earnings | -$47.97M | -$46.56M | -$31.39M |
YoY Change | -44.9% | 48.34% | -68.68% |
Net Earnings / Revenue | -21.1% | -20.36% | -14.77% |
Basic Earnings Per Share | |||
Diluted Earnings Per Share | -$714.3K | -$693.5K | -$464.5K |
COMMON SHARES | |||
Basic Shares Outstanding | 67.25M shares | 67.22M shares | 67.05M shares |
Diluted Shares Outstanding |
Balance Sheet
Concept | 2014 Q3 | 2014 Q2 | 2013 Q2 |
---|---|---|---|
SHORT-TERM ASSETS | |||
Cash & Short-Term Investments | $237.7M | $262.7M | $229.9M |
YoY Change | 186.04% | 14.27% | -37.85% |
Cash & Equivalents | $126.9M | $138.6M | $63.73M |
Short-Term Investments | $110.7M | $124.1M | $63.90M |
Other Short-Term Assets | $4.719M | $3.884M | $7.245M |
YoY Change | -19.81% | -46.39% | 17.25% |
Inventory | $5.192M | $6.040M | $7.690M |
Prepaid Expenses | $20.30M | $25.29M | $96.44M |
Receivables | $32.46M | $31.28M | $53.52M |
Other Receivables | $18.50M | $9.700M | $40.50M |
Total Short-Term Assets | $336.3M | $355.0M | $458.0M |
YoY Change | -39.65% | -22.48% | -13.79% |
LONG-TERM ASSETS | |||
Property, Plant & Equipment | $138.2M | $159.1M | $246.0M |
YoY Change | -31.6% | -35.33% | -24.83% |
Goodwill | $87.36M | $87.36M | $132.4M |
YoY Change | 0.0% | -34.02% | 1.15% |
Intangibles | $29.06M | $32.25M | $56.90M |
YoY Change | -28.04% | -43.31% | -23.77% |
Long-Term Investments | |||
YoY Change | |||
Other Assets | $17.17M | $17.43M | $28.15M |
YoY Change | -33.76% | -38.09% | -30.05% |
Total Long-Term Assets | $287.7M | $312.4M | $536.2M |
YoY Change | 16.1% | -41.73% | -11.79% |
TOTAL ASSETS | |||
Total Short-Term Assets | $336.3M | $355.0M | $458.0M |
Total Long-Term Assets | $287.7M | $312.4M | $536.2M |
Total Assets | $624.0M | $667.5M | $994.2M |
YoY Change | -22.48% | -32.86% | -12.72% |
SHORT-TERM LIABILITIES | |||
YoY Change | |||
Accounts Payable | $29.66M | $25.50M | $31.86M |
YoY Change | -12.05% | -19.98% | -16.98% |
Accrued Expenses | $60.80M | $60.40M | $129.9M |
YoY Change | -38.4% | -53.5% | 41.04% |
Deferred Revenue | |||
YoY Change | |||
Short-Term Debt | $0.00 | $0.00 | $0.00 |
YoY Change | |||
Long-Term Debt Due | $0.00 | ||
YoY Change | -100.0% | ||
Total Short-Term Liabilities | $193.7M | $184.3M | $278.9M |
YoY Change | -45.59% | -33.89% | 3.22% |
LONG-TERM LIABILITIES | |||
Long-Term Debt | $0.00 | $0.00 | $0.00 |
YoY Change | |||
Other Long-Term Liabilities | $25.70M | $25.18M | $29.33M |
YoY Change | -13.76% | -14.16% | -20.4% |
Total Long-Term Liabilities | $124.7M | $130.5M | $145.6M |
YoY Change | -9.74% | -10.36% | -12.55% |
TOTAL LIABILITIES | |||
Total Short-Term Liabilities | $193.7M | $184.3M | $278.9M |
Total Long-Term Liabilities | $124.7M | $130.5M | $145.6M |
Total Liabilities | $318.4M | $314.9M | $424.4M |
YoY Change | -35.56% | -25.82% | -2.8% |
SHAREHOLDERS EQUITY | |||
Retained Earnings | -$84.02M | -$36.05M | $186.3M |
YoY Change | -184.64% | -119.35% | -43.1% |
Common Stock | $821.0K | $821.0K | $818.0K |
YoY Change | 0.24% | 0.37% | 0.12% |
Preferred Stock | |||
YoY Change | |||
Treasury Stock (at cost) | $215.2M | $215.2M | $214.5M |
YoY Change | 0.31% | 0.31% | 0.24% |
Treasury Stock Shares | 14.82M shares | 14.82M shares | 14.72M shares |
Shareholders Equity | $305.7M | $352.6M | $569.7M |
YoY Change | |||
Total Liabilities & Shareholders Equity | $624.0M | $667.5M | $994.2M |
YoY Change | -36.66% | -32.86% | -12.72% |
Cashflow Statement
Concept | 2014 Q3 | 2014 Q2 | 2013 Q2 |
---|---|---|---|
OPERATING ACTIVITIES | |||
Net Income | -$47.97M | -$46.56M | -$31.39M |
YoY Change | -44.9% | 48.34% | -68.68% |
Depreciation, Depletion And Amortization | $13.20M | $14.40M | $18.90M |
YoY Change | -28.26% | -23.81% | -5.5% |
Cash From Operating Activities | -$19.80M | -$45.90M | -$52.80M |
YoY Change | 83.33% | -13.07% | 6500.0% |
INVESTING ACTIVITIES | |||
Capital Expenditures | -$3.600M | -$3.500M | -$5.900M |
YoY Change | -60.44% | -40.68% | -23.38% |
Acquisitions | |||
YoY Change | |||
Other Investing Activities | $12.80M | -$77.60M | -$600.0K |
YoY Change | -10.49% | 12833.33% | -80.65% |
Cash From Investing Activities | $9.300M | -$81.20M | -$6.500M |
YoY Change | 82.35% | 1149.23% | -39.81% |
FINANCING ACTIVITIES | |||
Cash Dividend Paid | |||
YoY Change | |||
Common Stock Issuance & Retirement, Net | |||
YoY Change | |||
Debt Paid & Issued, Net | |||
YoY Change | |||
Cash From Financing Activities | -1.100M | 1.200M | -400.0K |
YoY Change | 175.0% | -400.0% | -81.82% |
NET CHANGE | |||
Cash From Operating Activities | -19.80M | -45.90M | -52.80M |
Cash From Investing Activities | 9.300M | -81.20M | -6.500M |
Cash From Financing Activities | -1.100M | 1.200M | -400.0K |
Net Change In Cash | -11.60M | -125.9M | -59.70M |
YoY Change | 90.16% | 110.89% | 332.61% |
FREE CASH FLOW | |||
Cash From Operating Activities | -$19.80M | -$45.90M | -$52.80M |
Capital Expenditures | -$3.600M | -$3.500M | -$5.900M |
Free Cash Flow | -$16.20M | -$42.40M | -$46.90M |
YoY Change | 852.94% | -9.59% | -779.71% |
Facts In Submission
Frame | Concept Type | Concept / XBRL Key | Value | Unit |
---|---|---|---|---|
CY2014Q3 | dei |
Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
|
67246714 | shares |
CY2013Q1 | us-gaap |
Restructuring Reserve
RestructuringReserve
|
2719000 | |
CY2013Q1 | us-gaap |
Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
|
32898000 | |
CY2013Q1 | ceco |
Disposal Group Including Discontinued Operation Remaining Lease Obligations
DisposalGroupIncludingDiscontinuedOperationRemainingLeaseObligations
|
43739000 | |
CY2014Q1 | us-gaap |
Restructuring Reserve
RestructuringReserve
|
2984000 | |
CY2014Q1 | us-gaap |
Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
|
25522000 | |
CY2014Q1 | ceco |
Disposal Group Including Discontinued Operation Remaining Lease Obligations
DisposalGroupIncludingDiscontinuedOperationRemainingLeaseObligations
|
48091000 | |
CY2013Q2 | us-gaap |
Restructuring Reserve
RestructuringReserve
|
4032000 | |
CY2013Q2 | us-gaap |
Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
|
32300000 | |
CY2013Q2 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
63732000 | |
CY2013Q2 | us-gaap |
Disposal Group Including Discontinued Operation Cash And Cash Equivalents
DisposalGroupIncludingDiscontinuedOperationCashAndCashEquivalents
|
102195000 | |
CY2013Q2 | ceco |
Severance Accrual Long Term Portion
SeveranceAccrualLongTermPortion
|
1400000 | |
CY2013Q2 | ceco |
Severance Accrual Short Term Portion Restructuring
SeveranceAccrualShortTermPortionRestructuring
|
2600000 | |
CY2013Q2 | ceco |
Disposal Group Including Discontinued Operation Remaining Lease Obligations
DisposalGroupIncludingDiscontinuedOperationRemainingLeaseObligations
|
41219000 | |
CY2014Q2 | us-gaap |
Common Stock Shares Issued
CommonStockSharesIssued
|
82064114 | shares |
CY2014Q2 | us-gaap |
Common Stock Shares Outstanding
CommonStockSharesOutstanding
|
67248793 | shares |
CY2014Q2 | us-gaap |
Common Stock Shares Authorized
CommonStockSharesAuthorized
|
300000000 | shares |
CY2014Q2 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
|
12.25 | |
CY2014Q2 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber
|
2429000 | shares |
CY2014Q2 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice
|
17.59 | |
CY2014Q2 | us-gaap |
Treasury Stock Shares
TreasuryStockShares
|
14815321 | shares |
CY2014Q2 | us-gaap |
Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
|
0 | shares |
CY2014Q2 | us-gaap |
Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
|
0.01 | |
CY2014Q2 | us-gaap |
Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
|
1000000 | shares |
CY2014Q2 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber
|
704000 | shares |
CY2014Q2 | us-gaap |
Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
|
0.01 | |
CY2014Q2 | us-gaap |
Preferred Stock Shares Issued
PreferredStockSharesIssued
|
0 | shares |
CY2014Q2 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
|
4245000 | shares |
CY2014Q2 | us-gaap |
Allowance For Doubtful Accounts Receivable Noncurrent
AllowanceForDoubtfulAccountsReceivableNoncurrent
|
5466000 | |
CY2014Q2 | us-gaap |
Significant Change In Unrecognized Tax Benefits Is Reasonably Possible Amount Of Unrecorded Benefit
SignificantChangeInUnrecognizedTaxBenefitsIsReasonablyPossibleAmountOfUnrecordedBenefit
|
1900000 | |
CY2014Q2 | us-gaap |
Restructuring Reserve
RestructuringReserve
|
2618000 | |
CY2014Q2 | us-gaap |
Preferred Stock Value
PreferredStockValue
|
0 | |
CY2014Q2 | us-gaap |
Liabilities Of Disposal Group Including Discontinued Operation Current
LiabilitiesOfDisposalGroupIncludingDiscontinuedOperationCurrent
|
16995000 | |
CY2014Q2 | us-gaap |
Liabilities Current
LiabilitiesCurrent
|
184340000 | |
CY2014Q2 | us-gaap |
Disposal Group Including Discontinued Operation Accounts Payable And Accrued Liabilities
DisposalGroupIncludingDiscontinuedOperationAccountsPayableAndAccruedLiabilities
|
241000 | |
CY2014Q2 | us-gaap |
Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
|
24770000 | |
CY2014Q2 | us-gaap |
Accrued Income Taxes Current
AccruedIncomeTaxesCurrent
|
2221000 | |
CY2014Q2 | us-gaap |
Liabilities Noncurrent
LiabilitiesNoncurrent
|
130513000 | |
CY2014Q2 | us-gaap |
Liabilities Of Disposal Group Including Discontinued Operation Noncurrent
LiabilitiesOfDisposalGroupIncludingDiscontinuedOperationNoncurrent
|
33077000 | |
CY2014Q2 | us-gaap |
Disposal Group Including Discontinued Operation Other Noncurrent Liabilities
DisposalGroupIncludingDiscontinuedOperationOtherNoncurrentLiabilities
|
165000 | |
CY2014Q2 | us-gaap |
Common Stock Value
CommonStockValue
|
821000 | |
CY2014Q2 | us-gaap |
Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
-638000 | |
CY2014Q2 | us-gaap |
Accounts Payable Current
AccountsPayableCurrent
|
25498000 | |
CY2014Q2 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
-36049000 | |
CY2014Q2 | us-gaap |
Litigation Reserve
LitigationReserve
|
3000000 | |
CY2014Q2 | us-gaap |
Stockholders Equity
StockholdersEquity
|
352627000 | |
CY2014Q2 | us-gaap |
Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
|
25177000 | |
CY2014Q2 | us-gaap |
Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
|
28205000 | |
CY2014Q2 | us-gaap |
Loss Contingency Accrual At Carrying Value
LossContingencyAccrualAtCarryingValue
|
6600000 | |
CY2014Q2 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
667480000 | |
CY2014Q2 | us-gaap |
Additional Paid In Capital
AdditionalPaidInCapital
|
603656000 | |
CY2014Q2 | us-gaap |
Liabilities Of Disposal Group Including Discontinued Operation
LiabilitiesOfDisposalGroupIncludingDiscontinuedOperation
|
50072000 | |
CY2014Q2 | us-gaap |
Deferred Revenue Current
DeferredRevenueCurrent
|
62219000 | |
CY2014Q2 | us-gaap |
Accrued Advertising Current
AccruedAdvertisingCurrent
|
17001000 | |
CY2014Q2 | us-gaap |
Line Of Credit
LineOfCredit
|
0 | |
CY2014Q2 | us-gaap |
Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
|
32201000 | |
CY2014Q2 | us-gaap |
Deferred Rent Credit Noncurrent
DeferredRentCreditNoncurrent
|
72259000 | |
CY2014Q2 | us-gaap |
Unrecognized Tax Benefits Income Tax Penalties And Interest Accrued
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestAccrued
|
2700000 | |
CY2014Q2 | us-gaap |
Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
|
19304000 | |
CY2014Q2 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
138608000 | |
CY2014Q2 | us-gaap |
Disposal Group Including Discontinued Operation Property Plant And Equipment Noncurrent
DisposalGroupIncludingDiscontinuedOperationPropertyPlantAndEquipmentNoncurrent
|
5000 | |
CY2014Q2 | us-gaap |
Goodwill
Goodwill
|
87356000 | |
CY2014Q2 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
159090000 | |
CY2014Q2 | us-gaap |
Accounts Receivable Net Noncurrent
AccountsReceivableNetNoncurrent
|
4494000 | |
CY2014Q2 | us-gaap |
Available For Sale Securities
AvailableForSaleSecurities
|
131454000 | |
CY2014Q2 | us-gaap |
Deferred Tax Assets Net Noncurrent
DeferredTaxAssetsNetNoncurrent
|
10644000 | |
CY2014Q2 | us-gaap |
Disposal Group Including Discontinued Operation Accounts Notes And Loans Receivable Net
DisposalGroupIncludingDiscontinuedOperationAccountsNotesAndLoansReceivableNet
|
385000 | |
CY2014Q2 | us-gaap |
Disposal Group Including Discontinued Operation Other Noncurrent Assets
DisposalGroupIncludingDiscontinuedOperationOtherNoncurrentAssets
|
1174000 | |
CY2014Q2 | us-gaap |
Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Value
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue
|
7374000 | |
CY2014Q2 | us-gaap |
Cash
Cash
|
131546000 | |
CY2014Q2 | us-gaap |
Other Assets Current
OtherAssetsCurrent
|
3884000 | |
CY2014Q2 | us-gaap |
Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
|
32253000 | |
CY2014Q2 | us-gaap |
Other Receivables
OtherReceivables
|
9741000 | |
CY2014Q2 | us-gaap |
Restricted Cash And Investments Current
RestrictedCashAndInvestmentsCurrent
|
11929000 | |
CY2014Q2 | us-gaap |
Available For Sale Securities Accumulated Gross Unrealized Loss Before Tax
AvailableForSaleSecuritiesAccumulatedGrossUnrealizedLossBeforeTax
|
624000 | |
CY2014Q2 | us-gaap |
Cash Equivalents At Carrying Value
CashEquivalentsAtCarryingValue
|
7062000 | |
CY2014Q2 | us-gaap |
Cash Cash Equivalents And Short Term Investments
CashCashEquivalentsAndShortTermInvestments
|
274617000 | |
CY2014Q2 | us-gaap |
Assets
Assets
|
667480000 | |
CY2014Q2 | us-gaap |
Assets Of Disposal Group Including Discontinued Operation
AssetsOfDisposalGroupIncludingDiscontinuedOperation
|
1752000 | |
CY2014Q2 | us-gaap |
Deferred Tax Assets Net Current
DeferredTaxAssetsNetCurrent
|
3606000 | |
CY2014Q2 | us-gaap |
Disposal Group Including Discontinued Operation Other Current Assets
DisposalGroupIncludingDiscontinuedOperationOtherCurrentAssets
|
188000 | |
CY2014Q2 | us-gaap |
Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized
|
7000000 | |
CY2014Q2 | us-gaap |
Inventory Net
InventoryNet
|
6040000 | |
CY2014Q2 | us-gaap |
Accounts Receivable Net Current
AccountsReceivableNetCurrent
|
31283000 | |
CY2014Q2 | us-gaap |
Assets Of Disposal Group Including Discontinued Operation Current
AssetsOfDisposalGroupIncludingDiscontinuedOperationCurrent
|
573000 | |
CY2014Q2 | us-gaap |
Available For Sale Securities Amortized Cost
AvailableForSaleSecuritiesAmortizedCost
|
132054000 | |
CY2014Q2 | us-gaap |
Available For Sale Securities Current
AvailableForSaleSecuritiesCurrent
|
124204000 | |
CY2014Q2 | us-gaap |
Other Assets Noncurrent
OtherAssetsNoncurrent
|
17426000 | |
CY2014Q2 | us-gaap |
Treasury Stock Value
TreasuryStockValue
|
215163000 | |
CY2014Q2 | us-gaap |
Assets Current
AssetsCurrent
|
355038000 | |
CY2014Q2 | us-gaap |
Available For Sale Securities Debt Maturities Within One Year Fair Value
AvailableForSaleSecuritiesDebtMaturitiesWithinOneYearFairValue
|
124080000 | |
CY2014Q2 | us-gaap |
Disposal Group Including Discontinued Operation Long Lived Assets Noncurrent
DisposalGroupIncludingDiscontinuedOperationLongLivedAssetsNoncurrent
|
1179000 | |
CY2014Q2 | us-gaap |
Disposal Group Including Discontinued Operation Cash And Cash Equivalents
DisposalGroupIncludingDiscontinuedOperationCashAndCashEquivalents
|
0 | |
CY2014Q2 | us-gaap |
Prepaid Expense Current
PrepaidExpenseCurrent
|
25294000 | |
CY2014Q2 | ceco |
Available For Sale Securities Gross Unrealized Gain Accumulated In Investments
AvailableForSaleSecuritiesGrossUnrealizedGainAccumulatedInInvestments
|
24000 | |
CY2014Q2 | ceco |
Disposal Group Including Discontinued Operation Remaining Lease Obligations Noncurrent
DisposalGroupIncludingDiscontinuedOperationRemainingLeaseObligationsNoncurrent
|
32912000 | |
CY2014Q2 | ceco |
Short Term Investments Gross Unrealized Gains
ShortTermInvestmentsGrossUnrealizedGains
|
24000 | |
CY2014Q2 | ceco |
Cash And Cash Equivalents At Carrying Value Including Restricted And Unrestricted Cash
CashAndCashEquivalentsAtCarryingValueIncludingRestrictedAndUnrestrictedCash
|
150537000 | |
CY2014Q2 | ceco |
Number Of Campuses Which Completed Teach Out And Had Remaining Lease Obligations
NumberOfCampusesWhichCompletedTeachOutAndHadRemainingLeaseObligations
|
8 | Campus |
CY2014Q2 | ceco |
Disposal Group Including Discontinued Operation Deferred Tuition Revenue
DisposalGroupIncludingDiscontinuedOperationDeferredTuitionRevenue
|
0 | |
CY2014Q2 | ceco |
Number Of Student Plaintiffs
NumberOfStudentPlaintiffs
|
1000 | Plaintiff |
CY2014Q2 | ceco |
Severance Accrual Long Term Portion
SeveranceAccrualLongTermPortion
|
1000000 | |
CY2014Q2 | ceco |
Number Of Shares To Reduce Shares Available To Grant By Upon Vesting Of Restricted Stock Units
NumberOfSharesToReduceSharesAvailableToGrantByUponVestingOfRestrictedStockUnits
|
700000 | shares |
CY2014Q2 | ceco |
Severance Accrual Short Term Portion Restructuring
SeveranceAccrualShortTermPortionRestructuring
|
1600000 | |
CY2014Q2 | ceco |
Disposal Group Including Discontinued Operation Remaining Lease Obligations
DisposalGroupIncludingDiscontinuedOperationRemainingLeaseObligations
|
49666000 | |
CY2014Q2 | ceco |
Short Term Investments Gross Unrealized Losses
ShortTermInvestmentsGrossUnrealizedLosses
|
148000 | |
CY2014Q2 | ceco |
Number Of Campuses Which Completed Teach Out
NumberOfCampusesWhichCompletedTeachOut
|
8 | Campus |
CY2014Q2 | ceco |
Amount Of Net Student Receivables Related To Extended Payment Plans And Recourse Loans
AmountOfNetStudentReceivablesRelatedToExtendedPaymentPlansAndRecourseLoans
|
4500000 | |
CY2014Q2 | ceco |
Present Value Of Remaining Lease Obligation For Teach Out Campuses
PresentValueOfRemainingLeaseObligationForTeachOutCampuses
|
6100000 | |
CY2014Q2 | ceco |
Retention Bonuses Accrued In Association With Restructuring
RetentionBonusesAccruedInAssociationWithRestructuring
|
1100000 | |
CY2014Q2 | ceco |
Present Value Of Remaining Lease Obligation
PresentValueOfRemainingLeaseObligation
|
12000000 | |
CY2014Q2 | ceco |
Disposal Group Including Discontinued Operation Remaining Lease Obligations Current
DisposalGroupIncludingDiscontinuedOperationRemainingLeaseObligationsCurrent
|
16754000 | |
CY2014Q2 | ceco |
Remaining Lease Obligation Related To Sold Campuses
RemainingLeaseObligationRelatedToSoldCampuses
|
3700000 | |
CY2014Q2 | ceco |
Share Based Compensation Arrangement By Share Based Payment Award Deferred Stock Units Nonvested Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardDeferredStockUnitsNonvestedNumber
|
117000 | shares |
CY2014Q2 | ceco |
Number Of Shares To Reduce Shares Available To Grant By Upon Vesting Of Deferred Stock Units
NumberOfSharesToReduceSharesAvailableToGrantByUponVestingOfDeferredStockUnits
|
100000 | shares |
CY2014Q2 | ceco |
Share Based Compensation Arrangement By Share Based Payment Award Deferred Stock Units Nonvested Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardDeferredStockUnitsNonvestedWeightedAverageGrantDateFairValue
|
4.39 | |
CY2014Q2 | ceco |
Available For Sale Securities Current Fair Value
AvailableForSaleSecuritiesCurrentFairValue
|
124080000 | |
CY2012Q1 | ceco |
Campus Number With Calculation Finding By Office Of Inspector General
CampusNumberWithCalculationFindingByOfficeOfInspectorGeneral
|
1 | Findings |
CY2012Q1 | ceco |
Number Of Oig Findings
NumberOfOigFindings
|
3 | Findings |
CY2012Q1 | ceco |
Campus Number With Documentation Finding By Office Of Inspector General
CampusNumberWithDocumentationFindingByOfficeOfInspectorGeneral
|
1 | Findings |
CY2012Q4 | us-gaap |
Restructuring Reserve
RestructuringReserve
|
6356000 | |
CY2012Q4 | us-gaap |
Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
|
38206000 | |
CY2012Q4 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
112415000 | |
CY2012Q4 | us-gaap |
Disposal Group Including Discontinued Operation Cash And Cash Equivalents
DisposalGroupIncludingDiscontinuedOperationCashAndCashEquivalents
|
128207000 | |
CY2012Q4 | ceco |
Disposal Group Including Discontinued Operation Remaining Lease Obligations
DisposalGroupIncludingDiscontinuedOperationRemainingLeaseObligations
|
46298000 | |
CY2013Q4 | us-gaap |
Common Stock Shares Issued
CommonStockSharesIssued
|
81889907 | shares |
CY2013Q4 | us-gaap |
Common Stock Shares Outstanding
CommonStockSharesOutstanding
|
67170522 | shares |
CY2013Q4 | us-gaap |
Common Stock Shares Authorized
CommonStockSharesAuthorized
|
300000000 | shares |
CY2013Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
|
15.15 | |
CY2013Q4 | us-gaap |
Treasury Stock Shares
TreasuryStockShares
|
14719385 | shares |
CY2013Q4 | us-gaap |
Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
|
0 | shares |
CY2013Q4 | us-gaap |
Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
|
0.01 | |
CY2013Q4 | us-gaap |
Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
|
1000000 | shares |
CY2013Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber
|
760000 | shares |
CY2013Q4 | us-gaap |
Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
|
0.01 | |
CY2013Q4 | us-gaap |
Preferred Stock Shares Issued
PreferredStockSharesIssued
|
0 | shares |
CY2013Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
|
3900000 | shares |
CY2013Q4 | us-gaap |
Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
|
82500000 | |
CY2013Q4 | us-gaap |
Allowance For Doubtful Accounts Receivable Noncurrent
AllowanceForDoubtfulAccountsReceivableNoncurrent
|
6856000 | |
CY2013Q4 | us-gaap |
Restructuring Reserve
RestructuringReserve
|
3644000 | |
CY2013Q4 | us-gaap |
Preferred Stock Value
PreferredStockValue
|
0 | |
CY2013Q4 | us-gaap |
Liabilities Of Disposal Group Including Discontinued Operation Current
LiabilitiesOfDisposalGroupIncludingDiscontinuedOperationCurrent
|
15376000 | |
CY2013Q4 | us-gaap |
Liabilities Current
LiabilitiesCurrent
|
207432000 | |
CY2013Q4 | us-gaap |
Disposal Group Including Discontinued Operation Accounts Payable And Accrued Liabilities
DisposalGroupIncludingDiscontinuedOperationAccountsPayableAndAccruedLiabilities
|
1267000 | |
CY2013Q4 | us-gaap |
Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
|
27646000 | |
CY2013Q4 | us-gaap |
Accrued Income Taxes Current
AccruedIncomeTaxesCurrent
|
14994000 | |
CY2013Q4 | us-gaap |
Liabilities Noncurrent
LiabilitiesNoncurrent
|
142229000 | |
CY2013Q4 | us-gaap |
Liabilities Of Disposal Group Including Discontinued Operation Noncurrent
LiabilitiesOfDisposalGroupIncludingDiscontinuedOperationNoncurrent
|
37011000 | |
CY2013Q4 | us-gaap |
Disposal Group Including Discontinued Operation Other Noncurrent Liabilities
DisposalGroupIncludingDiscontinuedOperationOtherNoncurrentLiabilities
|
6159000 | |
CY2013Q4 | us-gaap |
Common Stock Value
CommonStockValue
|
819000 | |
CY2013Q4 | us-gaap |
Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
-503000 | |
CY2013Q4 | us-gaap |
Accounts Payable Current
AccountsPayableCurrent
|
24500000 | |
CY2013Q4 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
68658000 | |
CY2013Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
455384000 | |
CY2013Q4 | us-gaap |
Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
|
27619000 | |
CY2013Q4 | us-gaap |
Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
|
40747000 | |
CY2013Q4 | us-gaap |
Loss Contingency Accrual At Carrying Value
LossContingencyAccrualAtCarryingValue
|
20300000 | |
CY2013Q4 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
805045000 | |
CY2013Q4 | us-gaap |
Additional Paid In Capital
AdditionalPaidInCapital
|
600904000 | |
CY2013Q4 | us-gaap |
Liabilities Of Disposal Group Including Discontinued Operation
LiabilitiesOfDisposalGroupIncludingDiscontinuedOperation
|
52387000 | |
CY2013Q4 | us-gaap |
Deferred Revenue Current
DeferredRevenueCurrent
|
60070000 | |
CY2013Q4 | us-gaap |
Accrued Advertising Current
AccruedAdvertisingCurrent
|
17585000 | |
CY2013Q4 | us-gaap |
Line Of Credit Facility Maximum Borrowing Capacity
LineOfCreditFacilityMaximumBorrowingCapacity
|
70000000 | |
CY2013Q4 | us-gaap |
Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
|
34160000 | |
CY2013Q4 | us-gaap |
Deferred Rent Credit Noncurrent
DeferredRentCreditNoncurrent
|
77599000 | |
CY2013Q4 | us-gaap |
Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
|
20790000 | |
CY2013Q4 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
318471000 | |
CY2013Q4 | us-gaap |
Disposal Group Including Discontinued Operation Property Plant And Equipment Noncurrent
DisposalGroupIncludingDiscontinuedOperationPropertyPlantAndEquipmentNoncurrent
|
2011000 | |
CY2013Q4 | us-gaap |
Goodwill
Goodwill
|
87356000 | |
CY2013Q4 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
180385000 | |
CY2013Q4 | us-gaap |
Accounts Receivable Net Noncurrent
AccountsReceivableNetNoncurrent
|
5181000 | |
CY2013Q4 | us-gaap |
Available For Sale Securities
AvailableForSaleSecurities
|
38966000 | |
CY2013Q4 | us-gaap |
Deferred Tax Assets Net Noncurrent
DeferredTaxAssetsNetNoncurrent
|
10644000 | |
CY2013Q4 | us-gaap |
Disposal Group Including Discontinued Operation Accounts Notes And Loans Receivable Net
DisposalGroupIncludingDiscontinuedOperationAccountsNotesAndLoansReceivableNet
|
1320000 | |
CY2013Q4 | us-gaap |
Disposal Group Including Discontinued Operation Other Noncurrent Assets
DisposalGroupIncludingDiscontinuedOperationOtherNoncurrentAssets
|
1500000 | |
CY2013Q4 | us-gaap |
Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Value
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue
|
7374000 | |
CY2013Q4 | us-gaap |
Other Receivables
OtherReceivables
|
27351000 | |
CY2013Q4 | us-gaap |
Restricted Cash And Investments Current
RestrictedCashAndInvestmentsCurrent
|
12564000 | |
CY2013Q4 | us-gaap |
Available For Sale Securities Accumulated Gross Unrealized Loss Before Tax
AvailableForSaleSecuritiesAccumulatedGrossUnrealizedLossBeforeTax
|
476000 | |
CY2013Q4 | us-gaap |
Cash Equivalents At Carrying Value
CashEquivalentsAtCarryingValue
|
163005000 | |
CY2013Q4 | us-gaap |
Cash Cash Equivalents And Short Term Investments
CashCashEquivalentsAndShortTermInvestments
|
362627000 | |
CY2013Q4 | us-gaap |
Assets
Assets
|
805045000 | |
CY2013Q4 | us-gaap |
Assets Of Disposal Group Including Discontinued Operation
AssetsOfDisposalGroupIncludingDiscontinuedOperation
|
6481000 | |
CY2013Q4 | us-gaap |
Deferred Tax Assets Net Current
DeferredTaxAssetsNetCurrent
|
3606000 | |
CY2013Q4 | us-gaap |
Disposal Group Including Discontinued Operation Other Current Assets
DisposalGroupIncludingDiscontinuedOperationOtherCurrentAssets
|
1178000 | |
CY2013Q4 | us-gaap |
Inventory Net
InventoryNet
|
6641000 | |
CY2013Q4 | us-gaap |
Accounts Receivable Net Current
AccountsReceivableNetCurrent
|
33632000 | |
CY2013Q4 | us-gaap |
Assets Of Disposal Group Including Discontinued Operation Current
AssetsOfDisposalGroupIncludingDiscontinuedOperationCurrent
|
2970000 | |
CY2013Q4 | us-gaap |
Available For Sale Securities Amortized Cost
AvailableForSaleSecuritiesAmortizedCost
|
39441000 | |
CY2013Q4 | us-gaap |
Cash
Cash
|
155466000 | |
CY2013Q4 | us-gaap |
Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
|
40117000 | |
CY2013Q4 | us-gaap |
Other Assets Current
OtherAssetsCurrent
|
3452000 | |
CY2013Q4 | us-gaap |
Other Assets Noncurrent
OtherAssetsNoncurrent
|
17834000 | |
CY2013Q4 | us-gaap |
Treasury Stock Value
TreasuryStockValue
|
214494000 | |
CY2013Q4 | us-gaap |
Assets Current
AssetsCurrent
|
460017000 | |
ceco |
Student Receivables Written Off Period
StudentReceivablesWrittenOffPeriod
|
Greater than 90 days | ||
ceco |
Long Term Investment Continuous Unrealized Loss Position Period
LongTermInvestmentContinuousUnrealizedLossPositionPeriod
|
P1Y | ||
CY2013Q4 | us-gaap |
Available For Sale Securities Debt Maturities Within One Year Fair Value
AvailableForSaleSecuritiesDebtMaturitiesWithinOneYearFairValue
|
31592000 | |
CY2013Q4 | us-gaap |
Disposal Group Including Discontinued Operation Long Lived Assets Noncurrent
DisposalGroupIncludingDiscontinuedOperationLongLivedAssetsNoncurrent
|
3511000 | |
CY2013Q4 | us-gaap |
Disposal Group Including Discontinued Operation Cash And Cash Equivalents
DisposalGroupIncludingDiscontinuedOperationCashAndCashEquivalents
|
472000 | |
CY2013Q4 | us-gaap |
Prepaid Expense Current
PrepaidExpenseCurrent
|
19738000 | |
CY2013Q4 | ceco |
Available For Sale Securities Gross Unrealized Gain Accumulated In Investments
AvailableForSaleSecuritiesGrossUnrealizedGainAccumulatedInInvestments
|
1000 | |
CY2013Q4 | ceco |
Disposal Group Including Discontinued Operation Remaining Lease Obligations Noncurrent
DisposalGroupIncludingDiscontinuedOperationRemainingLeaseObligationsNoncurrent
|
30852000 | |
CY2013Q4 | ceco |
Cash And Cash Equivalents At Carrying Value Including Restricted And Unrestricted Cash
CashAndCashEquivalentsAtCarryingValueIncludingRestrictedAndUnrestrictedCash
|
331035000 | |
CY2013Q4 | ceco |
Disposal Group Including Discontinued Operation Deferred Tuition Revenue
DisposalGroupIncludingDiscontinuedOperationDeferredTuitionRevenue
|
1061000 | |
CY2013Q4 | ceco |
Disposal Group Including Discontinued Operation Remaining Lease Obligations
DisposalGroupIncludingDiscontinuedOperationRemainingLeaseObligations
|
43900000 | |
CY2013Q4 | ceco |
Amount Of Net Student Receivables Related To Extended Payment Plans And Recourse Loans
AmountOfNetStudentReceivablesRelatedToExtendedPaymentPlansAndRecourseLoans
|
5200000 | |
CY2013Q4 | ceco |
Disposal Group Including Discontinued Operation Remaining Lease Obligations Current
DisposalGroupIncludingDiscontinuedOperationRemainingLeaseObligationsCurrent
|
13048000 | |
CY2013Q4 | ceco |
Share Based Compensation Arrangement By Share Based Payment Award Deferred Stock Units Nonvested Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardDeferredStockUnitsNonvestedNumber
|
0 | shares |
CY2013Q4 | ceco |
Share Based Compensation Arrangement By Share Based Payment Award Deferred Stock Units Nonvested Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardDeferredStockUnitsNonvestedWeightedAverageGrantDateFairValue
|
0.00 | |
us-gaap |
Income Loss From Continuing Operations Per Basic And Diluted Share
IncomeLossFromContinuingOperationsPerBasicAndDilutedShare
|
-0.60 | ||
us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
-0.477 | pure | |
us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-66975000 | ||
us-gaap |
Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
|
66585000 | shares | |
us-gaap |
Income Loss From Discontinued Operations Net Of Tax Per Basic And Diluted Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicAndDilutedShare
|
-0.10 | ||
us-gaap |
Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
|
-0.70 | ||
us-gaap |
Restructuring Reserve Accrual Adjustment
RestructuringReserveAccrualAdjustment
|
-253000 | ||
us-gaap |
Repayments Of Short Term Debt
RepaymentsOfShortTermDebt
|
80000000 | ||
us-gaap |
Payments To Acquire Available For Sale Securities
PaymentsToAcquireAvailableForSaleSecurities
|
34570000 | ||
us-gaap |
Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
|
1068000 | ||
us-gaap |
Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
|
-4495000 | ||
us-gaap |
Other Sales Revenue Net
OtherSalesRevenueNet
|
6571000 | ||
us-gaap |
Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
|
1073000 | ||
us-gaap |
Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
|
-103000 | ||
us-gaap |
Payments For Restructuring
PaymentsForRestructuring
|
4836000 | ||
us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
-69344000 | ||
us-gaap |
Increase Decrease In Operating Capital
IncreaseDecreaseInOperatingCapital
|
87225000 | ||
us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
-45520000 | ||
us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
-6846000 | ||
us-gaap |
Income Loss From Discontinued Operations Net Of Tax
IncomeLossFromDiscontinuedOperationsNetOfTax
|
-6759000 | ||
us-gaap |
Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
|
-76190000 | ||
us-gaap |
Disposal Group Including Discontinued Operation Revenue
DisposalGroupIncludingDiscontinuedOperationRevenue
|
98596000 | ||
us-gaap |
Discontinued Operation Income Loss From Discontinued Operation Before Income Tax
DiscontinuedOperationIncomeLossFromDiscontinuedOperationBeforeIncomeTax
|
-16253000 | ||
us-gaap |
Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
|
-9000 | ||
us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
1000 | ||
us-gaap |
Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
|
-39834000 | ||
us-gaap |
Revenues
Revenues
|
536812000 | ||
us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
10005000 | ||
us-gaap |
Net Income Loss
NetIncomeLoss
|
-46593000 | ||
us-gaap |
Investment Income Interest
InvestmentIncomeInterest
|
1005000 | ||
us-gaap |
Proceeds From Repayments Of Long Term Debt And Capital Securities
ProceedsFromRepaymentsOfLongTermDebtAndCapitalSecurities
|
-210000 | ||
us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
380528000 | ||
us-gaap |
Proceeds From Repayments Of Restricted Cash Financing Activities
ProceedsFromRepaymentsOfRestrictedCashFinancingActivities
|
85912000 | ||
us-gaap |
Income Loss From Discontinued Operations Net Of Tax
IncomeLossFromDiscontinuedOperationsNetOfTax
|
-27537000 | ||
us-gaap |
Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
|
-75096000 | ||
us-gaap |
Disposal Group Including Discontinued Operation Revenue
DisposalGroupIncludingDiscontinuedOperationRevenue
|
3087000 | ||
us-gaap |
Discontinued Operation Income Loss From Discontinued Operation Before Income Tax
DiscontinuedOperationIncomeLossFromDiscontinuedOperationBeforeIncomeTax
|
-27537000 | ||
us-gaap |
Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
|
11000 | ||
us-gaap |
Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
|
5000 | ||
us-gaap |
Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
|
-71695000 | ||
us-gaap |
Gain Loss On Sale Of Business
GainLossOnSaleOfBusiness
|
-6934000 | ||
us-gaap |
Asset Impairment Charges
AssetImpairmentCharges
|
4083000 | ||
us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
38235000 | ||
us-gaap |
Effect Of Exchange Rate On Cash And Cash Equivalents
EffectOfExchangeRateOnCashAndCashEquivalents
|
-1381000 | ||
us-gaap |
Interest Expense
InterestExpense
|
918000 | ||
us-gaap |
Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
|
12383000 | ||
us-gaap |
Proceeds From Recoveries Of Loan Previously Charged Off
ProceedsFromRecoveriesOfLoanPreviouslyChargedOff
|
4200000 | ||
us-gaap |
Restructuring Charges
RestructuringCharges
|
2765000 | ||
us-gaap |
Allowance For Doubtful Accounts Receivable Write Offs
AllowanceForDoubtfulAccountsReceivableWriteOffs
|
18289000 | ||
us-gaap |
Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
|
-74695000 | ||
us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
-36356000 | ||
us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-12606000 | ||
us-gaap |
Depreciation And Amortization
DepreciationAndAmortization
|
32452000 | ||
us-gaap |
Other Asset Impairment Charges
OtherAssetImpairmentCharges
|
4123000 | ||
us-gaap |
Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
|
565000 | ||
us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
6267000 | ||
us-gaap |
Costs And Expenses
CostsAndExpenses
|
606156000 | ||
us-gaap |
Proceeds From Sale Of Available For Sale Securities
ProceedsFromSaleOfAvailableForSaleSecurities
|
34485000 | ||
us-gaap |
Share Based Compensation
ShareBasedCompensation
|
3406000 | ||
us-gaap |
Discontinued Operation Tax Effect Of Discontinued Operation
DiscontinuedOperationTaxEffectOfDiscontinuedOperation
|
-9494000 | ||
ceco |
Disposal Group Including Discontinued Operation Remaining Lease Obligations Incurred
DisposalGroupIncludingDiscontinuedOperationRemainingLeaseObligationsIncurred
|
954000 | ||
ceco |
Revenue From Tuition And Registration Fees
RevenueFromTuitionAndRegistrationFees
|
530241000 | ||
ceco |
Disposal Group Including Discontinued Operation Remaining Lease Obligations Net Cash Payments
DisposalGroupIncludingDiscontinuedOperationRemainingLeaseObligationsNetCashPayments
|
5968000 | ||
ceco |
Shares That Have Anti Dilutive Effect On Diluted Net Income Per Share
SharesThatHaveAntiDilutiveEffectOnDilutedNetIncomePerShare
|
0 | shares | |
ceco |
Provision For Doubtful Accounts Including Discontinued Operations
ProvisionForDoubtfulAccountsIncludingDiscontinuedOperations
|
14042000 | ||
ceco |
Gain Loss On Sale Of Business Continuing And Discontinued Operations
GainLossOnSaleOfBusinessContinuingAndDiscontinuedOperations
|
-6934000 | ||
ceco |
Educational Services And Facilities Expense
EducationalServicesAndFacilitiesExpense
|
189093000 | ||
ceco |
Disposal Group Including Discontinued Operation Remaining Lease Obligations Other
DisposalGroupIncludingDiscontinuedOperationRemainingLeaseObligationsOther
|
65000 | ||
ceco |
Payment For Sales Of Business Affiliates And Productive Assets
PaymentForSalesOfBusinessAffiliatesAndProductiveAssets
|
2525000 | ||
us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Forfeited In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeitedInPeriod
|
104000 | shares | |
us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriod
|
746000 | shares | |
dei |
Document Type
DocumentType
|
10-Q | ||
dei |
Entity Registrant Name
EntityRegistrantName
|
CAREER EDUCATION CORP | ||
dei |
Trading Symbol
TradingSymbol
|
CECO | ||
us-gaap |
Income Loss From Continuing Operations Per Basic And Diluted Share
IncomeLossFromContinuingOperationsPerBasicAndDilutedShare
|
-1.15 | ||
us-gaap |
Income Loss From Discontinued Operations Net Of Tax Per Basic And Diluted Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicAndDilutedShare
|
-0.41 | ||
us-gaap |
Share Based Compensation Arrangements By Share Based Payment Award Options Expirations In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExpirationsInPeriodWeightedAverageExercisePrice
|
46.03 | ||
us-gaap |
Share Based Compensation Arrangements By Share Based Payment Award Options Forfeitures In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsForfeituresInPeriodWeightedAverageExercisePrice
|
3.63 | ||
dei |
Amendment Flag
AmendmentFlag
|
false | ||
dei |
Current Fiscal Year End Date
CurrentFiscalYearEndDate
|
--12-31 | ||
us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Expirations In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExpirationsInPeriod
|
254000 | shares | |
dei |
Entity Filer Category
EntityFilerCategory
|
Accelerated Filer | ||
us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
0.028 | pure | |
us-gaap |
Nature Of Operations
NatureOfOperations
|
<div> <p style="MARGIN-BOTTOM: 0pt; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; MARGIN-TOP: 12pt"> <b>1. DESCRIPTION OF THE COMPANY</b></p> <p style="MARGIN-BOTTOM: 0pt; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; MARGIN-TOP: 6pt; TEXT-INDENT: 4%"> The colleges, institutions and universities that are part of the Career Education Corporation (“CEC”) family offer high-quality education to a diverse student population in a variety of career-oriented disciplines through online, on-ground and hybrid learning program offerings. In addition to its online offerings, Career Education serves students from campuses throughout the United States offering programs that lead to doctoral, master’s, bachelor’s and associate degrees, as well as to diplomas and certificates.</p> <p style="MARGIN-BOTTOM: 0pt; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; MARGIN-TOP: 12pt; TEXT-INDENT: 4%"> Our institutions include both universities that provide degree programs through the master or doctoral level and colleges that provide programs through the associate and bachelor level. The University group includes American InterContinental University (“AIU”) and Colorado Technical University (“CTU”) — predominantly serving students online with career-focused degree programs that meet the educational demands of today’s busy adults. The Career Schools group offers career-centered education primarily through ground-based campuses and includes Briarcliffe College, Brooks Institute, Harrington College of Design, Le Cordon Bleu North America (“LCB”), Missouri College and Sanford-Brown Institutes and Colleges (“SBI” and “SBC,” respectively). Through our colleges, institutions and universities, we are committed to providing high-quality education, enabling students to graduate and pursue rewarding career opportunities.</p> <p style="MARGIN-BOTTOM: 0pt; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; MARGIN-TOP: 12pt; TEXT-INDENT: 4%"> A detailed listing of individual campus locations and web links to Career Education’s colleges, institutions and universities can be found at <i>www.careered.com</i>.</p> <p style="MARGIN-BOTTOM: 0pt; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; MARGIN-TOP: 12pt; TEXT-INDENT: 4%"> As used in this Quarterly Report on Form 10-Q, the terms “we,” “us,” “our,” “the Company” and “CEC” refer to Career Education Corporation and our wholly-owned subsidiaries. The terms “college,” “institution,” and “university” refer to an individual, branded, proprietary educational institution, owned by us and includes its campus locations. The term “campus” refers to an individual main or branch campus operated by one of our colleges, institutions or universities.</p> </div> | ||
us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-81285000 | ||
us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Vested In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriod
|
271000 | shares | |
us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriod
|
147000 | shares | |
us-gaap |
Line Of Credit Facility Expiration Date1
LineOfCreditFacilityExpirationDate1
|
2016-06-30 | ||
us-gaap |
Loss Contingency Claims Settled Number
LossContingencyClaimsSettledNumber
|
1 | Claim | |
us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod
|
319000 | shares | |
us-gaap |
Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
|
67076000 | shares | |
dei |
Document Period End Date
DocumentPeriodEndDate
|
2014-06-30 | ||
dei |
Document Fiscal Year Focus
DocumentFiscalYearFocus
|
2014 | ||
us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Award Requisite Service Period1
ShareBasedCompensationArrangementByShareBasedPaymentAwardAwardRequisiteServicePeriod1
|
P4Y | ||
us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Award Vesting Period1
ShareBasedCompensationArrangementByShareBasedPaymentAwardAwardVestingPeriod1
|
P3Y | ||
us-gaap |
Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
|
6.89 | ||
dei |
Entity Central Index Key
EntityCentralIndexKey
|
0001046568 | ||
us-gaap |
Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
|
-1.56 | ||
dei |
Document Fiscal Period Focus
DocumentFiscalPeriodFocus
|
Q2 | ||
us-gaap |
Number Of Reportable Segments
NumberOfReportableSegments
|
5 | Segment | |
us-gaap |
Restructuring Reserve Accrual Adjustment
RestructuringReserveAccrualAdjustment
|
-248000 | ||
us-gaap |
Payments To Acquire Available For Sale Securities
PaymentsToAcquireAvailableForSaleSecurities
|
121590000 | ||
us-gaap |
Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
|
0 | ||
us-gaap |
Other Sales Revenue Net
OtherSalesRevenueNet
|
4978000 | ||
us-gaap |
Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
|
-135000 | ||
us-gaap |
Litigation Settlement Amount
LitigationSettlementAmount
|
2200000 | ||
us-gaap |
Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
|
-32000 | ||
us-gaap |
Payments For Restructuring
PaymentsForRestructuring
|
784000 | ||
us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
-75227000 | ||
us-gaap |
Increase Decrease In Operating Capital
IncreaseDecreaseInOperatingCapital
|
29037000 | ||
us-gaap |
Fair Value Assets Measured On Recurring Basis Change In Unrealized Gain Loss
FairValueAssetsMeasuredOnRecurringBasisChangeInUnrealizedGainLoss
|
|||
us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
-104842000 | ||
us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
131000 | ||
us-gaap |
Depreciation And Amortization
DepreciationAndAmortization
|
28452000 | ||
us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
-71000 | ||
us-gaap |
Loss Contingency Damages Paid Value
LossContingencyDamagesPaidValue
|
17500000 | ||
us-gaap |
Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
|
-77170000 | ||
us-gaap |
Revenues
Revenues
|
470659000 | ||
us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
7031000 | ||
us-gaap |
Net Income Loss
NetIncomeLoss
|
-104707000 | ||
us-gaap |
Investment Income Interest
InvestmentIncomeInterest
|
391000 | ||
us-gaap |
Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
|
-135000 | ||
us-gaap |
Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
|
-75096000 | ||
us-gaap |
Asset Impairment Charges
AssetImpairmentCharges
|
7477000 | ||
us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
29825000 | ||
us-gaap |
Effect Of Exchange Rate On Cash And Cash Equivalents
EffectOfExchangeRateOnCashAndCashEquivalents
|
78000 | ||
us-gaap |
Interest Expense
InterestExpense
|
189000 | ||
us-gaap |
Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
|
12263000 | ||
us-gaap |
Proceeds From Recoveries Of Loan Previously Charged Off
ProceedsFromRecoveriesOfLoanPreviouslyChargedOff
|
4500000 | ||
us-gaap |
Restructuring Charges
RestructuringCharges
|
6000 | ||
us-gaap |
Allowance For Doubtful Accounts Receivable Write Offs
AllowanceForDoubtfulAccountsReceivableWriteOffs
|
15139000 | ||
us-gaap |
Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
|
-180335000 | ||
us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
2074000 | ||
us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-100156000 | ||
us-gaap |
Other Asset Impairment Charges
OtherAssetImpairmentCharges
|
7521000 | ||
us-gaap |
Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
|
392000 | ||
us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
1028000 | ||
us-gaap |
Costs And Expenses
CostsAndExpenses
|
545886000 | ||
us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
347292000 | ||
us-gaap |
Proceeds From Repayments Of Restricted Cash Financing Activities
ProceedsFromRepaymentsOfRestrictedCashFinancingActivities
|
636000 | ||
us-gaap |
Proceeds From Sale Of Available For Sale Securities
ProceedsFromSaleOfAvailableForSaleSecurities
|
28726000 | ||
us-gaap |
Share Based Compensation
ShareBasedCompensation
|
2361000 | ||
us-gaap |
Deferred Compensation Arrangement With Individual Compensation Expense
DeferredCompensationArrangementWithIndividualCompensationExpense
|
2400000 | ||
us-gaap |
Discontinued Operation Tax Effect Of Discontinued Operation
DiscontinuedOperationTaxEffectOfDiscontinuedOperation
|
0 | ||
ceco |
Lease Expiration Teach Out Campuses
LeaseExpirationTeachOutCampuses
|
2021 | ||
ceco |
Disposal Group Including Discontinued Operation Remaining Lease Obligations Incurred
DisposalGroupIncludingDiscontinuedOperationRemainingLeaseObligationsIncurred
|
13196000 | ||
ceco |
Restricted Stock Awards Exercisable In Percentage
RestrictedStockAwardsExercisableInPercentage
|
0.25 | pure | |
ceco |
Number Of Attorney General Inquiries
NumberOfAttorneyGeneralInquiries
|
16 | Inquiry | |
ceco |
Revenue From Tuition And Registration Fees
RevenueFromTuitionAndRegistrationFees
|
465681000 | ||
ceco |
Disposal Group Including Discontinued Operation Remaining Lease Obligations Net Cash Payments
DisposalGroupIncludingDiscontinuedOperationRemainingLeaseObligationsNetCashPayments
|
12017000 | ||
ceco |
Shares That Have Anti Dilutive Effect On Diluted Net Income Per Share
SharesThatHaveAntiDilutiveEffectOnDilutedNetIncomePerShare
|
0 | shares | |
ceco |
Provision For Doubtful Accounts Including Discontinued Operations
ProvisionForDoubtfulAccountsIncludingDiscontinuedOperations
|
12409000 | ||
ceco |
Gain Loss On Sale Of Business Continuing And Discontinued Operations
GainLossOnSaleOfBusinessContinuingAndDiscontinuedOperations
|
-311000 | ||
ceco |
Educational Services And Facilities Expense
EducationalServicesAndFacilitiesExpense
|
162665000 | ||
ceco |
Disposal Group Including Discontinued Operation Remaining Lease Obligations Other
DisposalGroupIncludingDiscontinuedOperationRemainingLeaseObligationsOther
|
-4587000 | ||
ceco |
Payment For Sales Of Business Affiliates And Productive Assets
PaymentForSalesOfBusinessAffiliatesAndProductiveAssets
|
250000 | ||
ceco |
Discontinued Operations Lease Expiration Year
DiscontinuedOperationsLeaseExpirationYear
|
2020 | ||
ceco |
Short Term Investment Continuous Unrealized Loss Position Period
ShortTermInvestmentContinuousUnrealizedLossPositionPeriod
|
P1Y | ||
ceco |
Percent Increase Decrease Related To Valuation Allowance Effective Tax Rate
PercentIncreaseDecreaseRelatedToValuationAllowanceEffectiveTaxRate
|
0.401 | pure | |
ceco |
Restricted Stock Units To Be Settled In Cash Exercisable In Percentage
RestrictedStockUnitsToBeSettledInCashExercisableInPercentage
|
0.25 | pure | |
ceco |
Outstanding Liability On Performance Unit Awards To Be Settled In Cash
OutstandingLiabilityOnPerformanceUnitAwardsToBeSettledInCash
|
1800000 | ||
ceco |
Performance Unit Awards Expense
PerformanceUnitAwardsExpense
|
0 | ||
ceco |
Estimated Pretax Compensation Expenses Expiration Period
EstimatedPretaxCompensationExpensesExpirationPeriod
|
P4Y | ||
ceco |
Share Based Compensation Arrangement By Share Based Payment Award Deferred Stock Units Grants In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardDeferredStockUnitsGrantsInPeriod
|
117000 | shares | |
ceco |
Share Based Compensation Arrangement By Share Based Payment Award Deferred Stock Unit Vested In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardDeferredStockUnitVestedInPeriod
|
0 | shares | |
ceco |
Share Based Compensation Arrangement By Share Based Payment Award Deferred Stock Units Forfeited In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardDeferredStockUnitsForfeitedInPeriod
|
0 | shares | |
ceco |
Number Of Plaintiffs Dropped Out Of Settlement
NumberOfPlaintiffsDroppedOutOfSettlement
|
3 | Claim | |
ceco |
Number Of Remaining Plaintiffs Who Have Not Settled Not Dismissed
NumberOfRemainingPlaintiffsWhoHaveNotSettledNotDismissed
|
74 | Plaintiff | |
ceco |
Share Based Compensation Arrangement By Share Based Payment Award Deferred Stock Units Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardDeferredStockUnitsGrantsInPeriodWeightedAverageGrantDateFairValue
|
4.39 | ||
ceco |
Share Based Compensation Arrangement By Share Based Payment Award Deferred Stock Units Vested Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardDeferredStockUnitsVestedWeightedAverageGrantDateFairValue
|
0.00 | ||
ceco |
Share Based Compensation Arrangement By Share Based Payment Award Deferred Stock Units Nonvested Forfeited Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardDeferredStockUnitsNonvestedForfeitedWeightedAverageGrantDateFairValue
|
0.00 | ||
ceco |
Basis Point Change In Royalty Rate
BasisPointChangeInRoyaltyRate
|
50 | pure | |
ceco |
Basis Point Change In Discount Rate
BasisPointChangeInDiscountRate
|
100 | pure | |
CY2013Q2 | us-gaap |
Income Loss From Continuing Operations Per Basic And Diluted Share
IncomeLossFromContinuingOperationsPerBasicAndDilutedShare
|
-0.34 | |
CY2013Q2 | us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
-0.538 | pure |
CY2013Q2 | us-gaap |
Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
|
66751000 | shares |
CY2013Q2 | us-gaap |
Income Loss From Discontinued Operations Net Of Tax Per Basic And Diluted Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicAndDilutedShare
|
-0.13 | |
CY2013Q2 | us-gaap |
Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
|
-0.47 | |
CY2013Q2 | us-gaap |
Restructuring Reserve Accrual Adjustment
RestructuringReserveAccrualAdjustment
|
-155000 | |
CY2013Q2 | us-gaap |
Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
|
2811000 | |
CY2013Q2 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
|
63000 | |
CY2013Q2 | us-gaap |
Other Sales Revenue Net
OtherSalesRevenueNet
|
2946000 | |
CY2013Q2 | us-gaap |
Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
|
2815000 | |
CY2013Q2 | us-gaap |
Payments For Restructuring
PaymentsForRestructuring
|
978000 | |
CY2013Q2 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
-49660000 | |
CY2013Q2 | us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
-28575000 | |
CY2013Q2 | us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
360000 | |
CY2013Q2 | us-gaap |
Income Loss From Discontinued Operations Net Of Tax
IncomeLossFromDiscontinuedOperationsNetOfTax
|
-8618000 | |
CY2013Q2 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
|
-49300000 | |
CY2013Q2 | us-gaap |
Disposal Group Including Discontinued Operation Revenue
DisposalGroupIncludingDiscontinuedOperationRevenue
|
35397000 | |
CY2013Q2 | us-gaap |
Discontinued Operation Income Loss From Discontinued Operation Before Income Tax
DiscontinuedOperationIncomeLossFromDiscontinuedOperationBeforeIncomeTax
|
-16287000 | |
CY2013Q2 | us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
34000 | |
CY2013Q2 | us-gaap |
Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
|
-22772000 | |
CY2013Q2 | us-gaap |
Revenues
Revenues
|
259501000 | |
CY2013Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-31390000 | |
CY2013Q2 | us-gaap |
Investment Income Interest
InvestmentIncomeInterest
|
760000 | |
CY2013Q2 | us-gaap |
Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
|
4000 | |
CY2013Q2 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
|
-49363000 | |
CY2013Q2 | us-gaap |
Gain Loss On Sale Of Business
GainLossOnSaleOfBusiness
|
-222000 | |
CY2013Q2 | us-gaap |
Asset Impairment Charges
AssetImpairmentCharges
|
3966000 | |
CY2013Q2 | us-gaap |
Interest Expense
InterestExpense
|
212000 | |
CY2013Q2 | us-gaap |
Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
|
6811000 | |
CY2013Q2 | us-gaap |
Proceeds From Recoveries Of Loan Previously Charged Off
ProceedsFromRecoveriesOfLoanPreviouslyChargedOff
|
2100000 | |
CY2013Q2 | us-gaap |
Restructuring Charges
RestructuringCharges
|
2446000 | |
CY2013Q2 | us-gaap |
Allowance For Doubtful Accounts Receivable Write Offs
AllowanceForDoubtfulAccountsReceivableWriteOffs
|
7409000 | |
CY2013Q2 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
-26528000 | |
CY2013Q2 | us-gaap |
Depreciation And Amortization
DepreciationAndAmortization
|
16113000 | |
CY2013Q2 | us-gaap |
Costs And Expenses
CostsAndExpenses
|
309161000 | |
CY2013Q2 | us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
196631000 | |
CY2013Q2 | us-gaap |
Discontinued Operation Tax Effect Of Discontinued Operation
DiscontinuedOperationTaxEffectOfDiscontinuedOperation
|
-7669000 | |
CY2013Q2 | ceco |
Disposal Group Including Discontinued Operation Remaining Lease Obligations Incurred
DisposalGroupIncludingDiscontinuedOperationRemainingLeaseObligationsIncurred
|
1181000 | |
CY2013Q2 | ceco |
Revenue From Tuition And Registration Fees
RevenueFromTuitionAndRegistrationFees
|
256555000 | |
CY2013Q2 | ceco |
Disposal Group Including Discontinued Operation Remaining Lease Obligations Net Cash Payments
DisposalGroupIncludingDiscontinuedOperationRemainingLeaseObligationsNetCashPayments
|
3674000 | |
CY2013Q2 | ceco |
Educational Services And Facilities Expense
EducationalServicesAndFacilitiesExpense
|
92451000 | |
CY2013Q2 | ceco |
Disposal Group Including Discontinued Operation Remaining Lease Obligations Other
DisposalGroupIncludingDiscontinuedOperationRemainingLeaseObligationsOther
|
27000 | |
CY2014Q2 | us-gaap |
Income Loss From Continuing Operations Per Basic And Diluted Share
IncomeLossFromContinuingOperationsPerBasicAndDilutedShare
|
-0.53 | |
CY2014Q2 | us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
0.055 | pure |
CY2014Q2 | us-gaap |
Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
|
67157000 | shares |
CY2014Q2 | us-gaap |
Income Loss From Discontinued Operations Net Of Tax Per Basic And Diluted Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicAndDilutedShare
|
-0.16 | |
CY2014Q2 | us-gaap |
Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
|
-0.69 | |
CY2014Q2 | us-gaap |
Restructuring Reserve Accrual Adjustment
RestructuringReserveAccrualAdjustment
|
-18000 | |
CY2014Q2 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
|
0 | |
CY2014Q2 | us-gaap |
Discontinued Operation Gain Loss From Disposal Of Discontinued Operation Before Income Tax
DiscontinuedOperationGainLossFromDisposalOfDiscontinuedOperationBeforeIncomeTax
|
300000 | |
CY2014Q2 | us-gaap |
Other Sales Revenue Net
OtherSalesRevenueNet
|
2306000 | |
CY2014Q2 | us-gaap |
Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
|
-107000 | |
CY2014Q2 | us-gaap |
Payments For Restructuring
PaymentsForRestructuring
|
354000 | |
CY2014Q2 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
-33336000 | |
CY2014Q2 | us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
-46671000 | |
CY2014Q2 | us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
-410000 | |
CY2014Q2 | us-gaap |
Income Loss From Discontinued Operations Net Of Tax
IncomeLossFromDiscontinuedOperationsNetOfTax
|
-10964000 | |
CY2014Q2 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
|
-33746000 | |
CY2014Q2 | us-gaap |
Disposal Group Including Discontinued Operation Revenue
DisposalGroupIncludingDiscontinuedOperationRevenue
|
1075000 | |
CY2014Q2 | us-gaap |
Discontinued Operation Income Loss From Discontinued Operation Before Income Tax
DiscontinuedOperationIncomeLossFromDiscontinuedOperationBeforeIncomeTax
|
-10964000 | |
CY2014Q2 | us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
-587000 | |
CY2014Q2 | us-gaap |
Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
|
-35600000 | |
CY2014Q2 | us-gaap |
Revenues
Revenues
|
229292000 | |
CY2014Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-46564000 | |
CY2014Q2 | us-gaap |
Investment Income Interest
InvestmentIncomeInterest
|
285000 | |
CY2014Q2 | us-gaap |
Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
|
-107000 | |
CY2014Q2 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
|
-33746000 | |
CY2014Q2 | us-gaap |
Asset Impairment Charges
AssetImpairmentCharges
|
7403000 | |
CY2014Q2 | us-gaap |
Interest Expense
InterestExpense
|
108000 | |
CY2014Q2 | us-gaap |
Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
|
6474000 | |
CY2014Q2 | us-gaap |
Proceeds From Recoveries Of Loan Previously Charged Off
ProceedsFromRecoveriesOfLoanPreviouslyChargedOff
|
2200000 | |
CY2014Q2 | us-gaap |
Restructuring Charges
RestructuringCharges
|
6000 | |
CY2014Q2 | us-gaap |
Allowance For Doubtful Accounts Receivable Write Offs
AllowanceForDoubtfulAccountsReceivableWriteOffs
|
7226000 | |
CY2014Q2 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
1854000 | |
CY2014Q2 | us-gaap |
Depreciation And Amortization
DepreciationAndAmortization
|
13956000 | |
CY2014Q2 | us-gaap |
Costs And Expenses
CostsAndExpenses
|
262628000 | |
CY2014Q2 | us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
160870000 | |
CY2014Q2 | us-gaap |
Deferred Compensation Arrangement With Individual Compensation Expense
DeferredCompensationArrangementWithIndividualCompensationExpense
|
100000 | |
CY2014Q2 | us-gaap |
Discontinued Operation Tax Effect Of Discontinued Operation
DiscontinuedOperationTaxEffectOfDiscontinuedOperation
|
0 | |
CY2014Q2 | ceco |
Disposal Group Including Discontinued Operation Remaining Lease Obligations Incurred
DisposalGroupIncludingDiscontinuedOperationRemainingLeaseObligationsIncurred
|
5893000 | |
CY2014Q2 | ceco |
Revenue From Tuition And Registration Fees
RevenueFromTuitionAndRegistrationFees
|
226986000 | |
CY2014Q2 | ceco |
Disposal Group Including Discontinued Operation Remaining Lease Obligations Net Cash Payments
DisposalGroupIncludingDiscontinuedOperationRemainingLeaseObligationsNetCashPayments
|
5469000 | |
CY2014Q2 | ceco |
Retention Bonuses Amount Recorded During Period
RetentionBonusesAmountRecordedDuringPeriod
|
400000 | |
CY2014Q2 | ceco |
Educational Services And Facilities Expense
EducationalServicesAndFacilitiesExpense
|
80399000 | |
CY2014Q2 | ceco |
Disposal Group Including Discontinued Operation Remaining Lease Obligations Other
DisposalGroupIncludingDiscontinuedOperationRemainingLeaseObligationsOther
|
-1151000 | |
CY2014Q2 | ceco |
Number Of Campus Sold
NumberOfCampusSold
|
2 | Campus |