2015 Q3 Form 10-Q Financial Statement
#000156459015009236 Filed on November 04, 2015
Income Statement
Concept | 2015 Q3 | 2014 Q4 | 2014 Q3 |
---|---|---|---|
Revenue | $203.5M | $217.5M | $227.3M |
YoY Change | -10.49% | 9.09% | 14.19% |
Cost Of Revenue | $74.90M | $141.8M | $60.80M |
YoY Change | 23.19% | 67.61% | -32.67% |
Gross Profit | $128.6M | $205.0M | $122.0M |
YoY Change | 5.41% | 32.26% | -20.73% |
Gross Profit Margin | 63.2% | 94.25% | 53.67% |
Selling, General & Admin | $133.2M | $230.9M | $132.1M |
YoY Change | 0.83% | 32.17% | -27.3% |
% of Gross Profit | 103.58% | 112.63% | 108.28% |
Research & Development | |||
YoY Change | |||
% of Gross Profit | |||
Depreciation & Amortization | $6.000M | $12.50M | $13.20M |
YoY Change | -54.55% | -24.7% | -28.26% |
% of Gross Profit | 4.67% | 6.1% | 10.82% |
Operating Expenses | $139.1M | $256.3M | $140.9M |
YoY Change | -1.28% | 35.18% | -28.55% |
Operating Profit | -$43.99M | -$23.92M | -$44.33M |
YoY Change | -0.78% | 65.78% | 45.06% |
Interest Expense | $0.00 | $0.00 | $103.0K |
YoY Change | -100.0% | -100.0% | -50.72% |
% of Operating Profit | |||
Other Income/Expense, Net | $100.0K | $200.0K | $81.00K |
YoY Change | 23.46% | 0.0% | -169.23% |
Pretax Income | -$11.49M | -$74.10M | -$44.79M |
YoY Change | -74.36% | 83.42% | -18.65% |
Income Tax | $0.00 | $500.0K | $1.116M |
% Of Pretax Income | |||
Net Earnings | -$45.24M | -$25.49M | -$47.97M |
YoY Change | -5.7% | -16.72% | -44.9% |
Net Earnings / Revenue | -22.23% | -11.72% | -21.1% |
Basic Earnings Per Share | -$0.67 | ||
Diluted Earnings Per Share | -$0.67 | -$378.9K | -$714.3K |
COMMON SHARES | |||
Basic Shares Outstanding | 67.95M shares | 67.28M shares | 67.25M shares |
Diluted Shares Outstanding |
Balance Sheet
Concept | 2015 Q3 | 2014 Q4 | 2014 Q3 |
---|---|---|---|
SHORT-TERM ASSETS | |||
Cash & Short-Term Investments | $185.7M | $216.7M | $237.7M |
YoY Change | -21.88% | -38.1% | 186.04% |
Cash & Equivalents | $68.94M | $93.83M | $126.9M |
Short-Term Investments | $116.8M | $122.9M | $110.7M |
Other Short-Term Assets | $1.565M | $4.729M | $4.719M |
YoY Change | -66.84% | 54.59% | -19.81% |
Inventory | $2.353M | $5.022M | $5.192M |
Prepaid Expenses | $13.36M | $17.45M | $20.30M |
Receivables | $27.70M | $31.40M | $32.46M |
Other Receivables | $4.400M | $19.40M | $18.50M |
Total Short-Term Assets | $278.4M | $318.1M | $336.3M |
YoY Change | -17.22% | -30.85% | -39.65% |
LONG-TERM ASSETS | |||
Property, Plant & Equipment | $54.70M | $115.6M | $138.2M |
YoY Change | -60.43% | 3.13% | -31.6% |
Goodwill | $87.36M | $87.36M | |
YoY Change | 0.0% | 0.0% | |
Intangibles | $28.22M | $29.06M | |
YoY Change | 120.17% | -28.04% | |
Long-Term Investments | |||
YoY Change | |||
Other Assets | $16.90M | $19.36M | $17.17M |
YoY Change | -1.55% | 12.99% | -33.76% |
Total Long-Term Assets | $170.5M | $255.4M | $287.7M |
YoY Change | -40.75% | -25.97% | 16.1% |
TOTAL ASSETS | |||
Total Short-Term Assets | $278.4M | $318.1M | $336.3M |
Total Long-Term Assets | $170.5M | $255.4M | $287.7M |
Total Assets | $448.9M | $573.5M | $624.0M |
YoY Change | -28.07% | -28.76% | -22.48% |
SHORT-TERM LIABILITIES | |||
YoY Change | |||
Accounts Payable | $28.29M | $23.81M | $29.66M |
YoY Change | -4.61% | 4.3% | -12.05% |
Accrued Expenses | $53.50M | $59.30M | $60.80M |
YoY Change | -12.01% | -17.64% | -38.4% |
Deferred Revenue | |||
YoY Change | |||
Short-Term Debt | $0.00 | $10.00M | $0.00 |
YoY Change | |||
Long-Term Debt Due | $0.00 | $10.00M | |
YoY Change | |||
Total Short-Term Liabilities | $187.1M | $180.2M | $193.7M |
YoY Change | -3.38% | -13.11% | -45.59% |
LONG-TERM LIABILITIES | |||
Long-Term Debt | $0.00 | $0.00 | $0.00 |
YoY Change | |||
Other Long-Term Liabilities | $67.40M | $21.07M | $25.70M |
YoY Change | 162.31% | -15.02% | -13.76% |
Total Long-Term Liabilities | $67.40M | $111.4M | $124.7M |
YoY Change | -45.95% | -21.7% | -9.74% |
TOTAL LIABILITIES | |||
Total Short-Term Liabilities | $187.1M | $180.2M | $193.7M |
Total Long-Term Liabilities | $67.40M | $111.4M | $124.7M |
Total Liabilities | $254.4M | $291.6M | $318.4M |
YoY Change | -20.09% | -16.6% | -35.56% |
SHAREHOLDERS EQUITY | |||
Retained Earnings | -$109.4M | -$84.02M | |
YoY Change | -259.34% | -184.64% | |
Common Stock | $607.4M | $821.0K | |
YoY Change | 74058.0% | 0.24% | |
Preferred Stock | |||
YoY Change | |||
Treasury Stock (at cost) | $215.2M | $215.2M | |
YoY Change | 0.31% | 0.31% | |
Treasury Stock Shares | $14.89M | $14.82M | 14.82M shares |
Shareholders Equity | $194.4M | $281.9M | $305.7M |
YoY Change | |||
Total Liabilities & Shareholders Equity | $448.9M | $573.5M | $624.0M |
YoY Change | -28.07% | -28.76% | -36.66% |
Cashflow Statement
Concept | 2015 Q3 | 2014 Q4 | 2014 Q3 |
---|---|---|---|
OPERATING ACTIVITIES | |||
Net Income | -$45.24M | -$25.49M | -$47.97M |
YoY Change | -5.7% | -16.72% | -44.9% |
Depreciation, Depletion And Amortization | $6.000M | $12.50M | $13.20M |
YoY Change | -54.55% | -24.7% | -28.26% |
Cash From Operating Activities | $5.600M | -$17.50M | -$19.80M |
YoY Change | -128.28% | 118.75% | 83.33% |
INVESTING ACTIVITIES | |||
Capital Expenditures | -$2.900M | -$2.600M | -$3.600M |
YoY Change | -19.44% | -16.13% | -60.44% |
Acquisitions | |||
YoY Change | |||
Other Investing Activities | $3.200M | -$14.20M | $12.80M |
YoY Change | -75.0% | -108.01% | -10.49% |
Cash From Investing Activities | $300.0K | -$16.70M | $9.300M |
YoY Change | -96.77% | -109.58% | 82.35% |
FINANCING ACTIVITIES | |||
Cash Dividend Paid | |||
YoY Change | |||
Common Stock Issuance & Retirement, Net | |||
YoY Change | |||
Debt Paid & Issued, Net | |||
YoY Change | |||
Cash From Financing Activities | -100.0K | 1.100M | -1.100M |
YoY Change | -90.91% | 450.0% | 175.0% |
NET CHANGE | |||
Cash From Operating Activities | 5.600M | -17.50M | -19.80M |
Cash From Investing Activities | 300.0K | -16.70M | 9.300M |
Cash From Financing Activities | -100.0K | 1.100M | -1.100M |
Net Change In Cash | 5.800M | -33.10M | -11.60M |
YoY Change | -150.0% | -119.87% | 90.16% |
FREE CASH FLOW | |||
Cash From Operating Activities | $5.600M | -$17.50M | -$19.80M |
Capital Expenditures | -$2.900M | -$2.600M | -$3.600M |
Free Cash Flow | $8.500M | -$14.90M | -$16.20M |
YoY Change | -152.47% | 204.08% | 852.94% |
Facts In Submission
Frame | Concept Type | Concept / XBRL Key | Value | Unit |
---|---|---|---|---|
CY2014Q4 | us-gaap |
Treasury Stock Value
TreasuryStockValue
|
215165000 | |
CY2014Q4 | us-gaap |
Allowance For Doubtful Accounts Receivable Noncurrent
AllowanceForDoubtfulAccountsReceivableNoncurrent
|
2119000 | |
CY2015Q3 | us-gaap |
Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
|
1000000 | |
CY2015Q3 | us-gaap |
Preferred Stock Shares Issued
PreferredStockSharesIssued
|
0 | |
CY2014Q4 | us-gaap |
Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
|
0 | |
CY2015Q3 | us-gaap |
Allowance For Doubtful Accounts Receivable Noncurrent
AllowanceForDoubtfulAccountsReceivableNoncurrent
|
1628000 | |
CY2015Q3 | us-gaap |
Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
|
0.01 | |
CY2014Q4 | us-gaap |
Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
|
0.01 | |
CY2014Q4 | us-gaap |
Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
|
1000000 | |
CY2014Q4 | us-gaap |
Preferred Stock Shares Issued
PreferredStockSharesIssued
|
0 | |
CY2015Q3 | us-gaap |
Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
|
0 | |
CY2015Q3 | us-gaap |
Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
|
0.01 | |
CY2015Q3 | us-gaap |
Disposal Group Including Discontinued Operation Assets Noncurrent
DisposalGroupIncludingDiscontinuedOperationAssetsNoncurrent
|
780000 | |
CY2015Q3 | us-gaap |
Cash Cash Equivalents And Short Term Investments
CashCashEquivalentsAndShortTermInvestments
|
199418000 | |
CY2015Q3 | us-gaap |
Accounts Receivable Net Current
AccountsReceivableNetCurrent
|
27696000 | |
CY2015Q3 | us-gaap |
Other Receivables
OtherReceivables
|
4415000 | |
CY2015Q3 | us-gaap |
Prepaid Expense Current
PrepaidExpenseCurrent
|
13360000 | |
CY2015Q3 | us-gaap |
Inventory Net
InventoryNet
|
2353000 | |
CY2014Q4 | us-gaap |
Other Assets Current
OtherAssetsCurrent
|
2384000 | |
CY2015Q3 | us-gaap |
Other Assets Noncurrent
OtherAssetsNoncurrent
|
16901000 | |
CY2015Q3 | us-gaap |
Restricted Cash And Investments Current
RestrictedCashAndInvestmentsCurrent
|
13688000 | |
CY2014Q4 | us-gaap |
Disposal Group Including Discontinued Operation Assets Noncurrent
DisposalGroupIncludingDiscontinuedOperationAssetsNoncurrent
|
975000 | |
CY2015Q3 | us-gaap |
Assets
Assets
|
448884000 | |
CY2014Q4 | us-gaap |
Short Term Borrowings
ShortTermBorrowings
|
10000000 | |
CY2014Q4 | us-gaap |
Restricted Cash And Investments Current
RestrictedCashAndInvestmentsCurrent
|
22938000 | |
CY2015Q3 | us-gaap |
Available For Sale Securities Current
AvailableForSaleSecuritiesCurrent
|
116790000 | |
CY2014Q4 | us-gaap |
Available For Sale Securities Current
AvailableForSaleSecuritiesCurrent
|
122858000 | |
CY2014Q4 | us-gaap |
Cash Cash Equivalents And Short Term Investments
CashCashEquivalentsAndShortTermInvestments
|
239628000 | |
CY2014Q4 | us-gaap |
Accounts Receivable Net Current
AccountsReceivableNetCurrent
|
24564000 | |
CY2014Q4 | us-gaap |
Other Receivables
OtherReceivables
|
18925000 | |
CY2014Q4 | us-gaap |
Prepaid Expense Current
PrepaidExpenseCurrent
|
14679000 | |
CY2014Q4 | us-gaap |
Inventory Net
InventoryNet
|
3305000 | |
CY2015Q3 | us-gaap |
Other Assets Current
OtherAssetsCurrent
|
1565000 | |
CY2014Q4 | us-gaap |
Other Assets Noncurrent
OtherAssetsNoncurrent
|
18571000 | |
CY2014Q4 | us-gaap |
Assets
Assets
|
573534000 | |
CY2015Q3 | us-gaap |
Accounts Payable Current
AccountsPayableCurrent
|
28293000 | |
CY2015Q3 | us-gaap |
Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
|
31208000 | |
CY2015Q3 | us-gaap |
Accrued Income Taxes Current
AccruedIncomeTaxesCurrent
|
1717000 | |
CY2015Q3 | us-gaap |
Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
|
22295000 | |
CY2015Q3 | us-gaap |
Deferred Revenue Current
DeferredRevenueCurrent
|
31004000 | |
CY2015Q3 | ceco |
Assets Held For Sale Including Discontinued Operations Current
AssetsHeldForSaleIncludingDiscontinuedOperationsCurrent
|
29239000 | |
CY2014Q4 | ceco |
Assets Held For Sale Including Discontinued Operations Current
AssetsHeldForSaleIncludingDiscontinuedOperationsCurrent
|
76846000 | |
CY2015Q3 | us-gaap |
Accrued Advertising Current
AccruedAdvertisingCurrent
|
15026000 | |
CY2014Q4 | us-gaap |
Accrued Advertising Current
AccruedAdvertisingCurrent
|
13162000 | |
CY2015Q3 | ceco |
Liabilities Held For Sale Including Discontinued Operations Current
LiabilitiesHeldForSaleIncludingDiscontinuedOperationsCurrent
|
45187000 | |
CY2014Q4 | ceco |
Liabilities Held For Sale Including Discontinued Operations Current
LiabilitiesHeldForSaleIncludingDiscontinuedOperationsCurrent
|
50357000 | |
CY2014Q4 | us-gaap |
Preferred Stock Value
PreferredStockValue
|
||
CY2014Q4 | us-gaap |
Common Stock Value
CommonStockValue
|
823000 | |
CY2014Q4 | us-gaap |
Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
|
606531000 | |
CY2014Q4 | us-gaap |
Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
-853000 | |
CY2014Q4 | us-gaap |
Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
|
0.01 | |
CY2015Q3 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
|
-11485000 | |
CY2014Q3 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
|
-31651000 | |
us-gaap |
Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
|
-46693000 | ||
us-gaap |
Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
|
-64757000 | ||
CY2015Q3 | us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
-45154000 | |
CY2014Q3 | us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
-48076000 | |
CY2015Q3 | us-gaap |
Income Loss From Continuing Operations Per Basic And Diluted Share
IncomeLossFromContinuingOperationsPerBasicAndDilutedShare
|
-0.17 | |
CY2014Q3 | us-gaap |
Income Loss From Continuing Operations Per Basic And Diluted Share
IncomeLossFromContinuingOperationsPerBasicAndDilutedShare
|
-0.49 | |
us-gaap |
Income Loss From Continuing Operations Per Basic And Diluted Share
IncomeLossFromContinuingOperationsPerBasicAndDilutedShare
|
-0.68 | ||
us-gaap |
Income Loss From Continuing Operations Per Basic And Diluted Share
IncomeLossFromContinuingOperationsPerBasicAndDilutedShare
|
-1.01 | ||
CY2015Q3 | us-gaap |
Income Loss From Discontinued Operations Net Of Tax Per Basic And Diluted Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicAndDilutedShare
|
-0.50 | |
CY2014Q3 | us-gaap |
Income Loss From Discontinued Operations Net Of Tax Per Basic And Diluted Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicAndDilutedShare
|
-0.22 | |
us-gaap |
Income Loss From Discontinued Operations Net Of Tax Per Basic And Diluted Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicAndDilutedShare
|
-0.66 | ||
us-gaap |
Income Loss From Discontinued Operations Net Of Tax Per Basic And Diluted Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicAndDilutedShare
|
-1.26 | ||
CY2015Q3 | us-gaap |
Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
|
-0.67 | |
CY2014Q3 | us-gaap |
Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
|
-0.71 | |
us-gaap |
Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
|
-1.34 | ||
us-gaap |
Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
|
-2.27 | ||
CY2015Q3 | us-gaap |
Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
|
67961000 | |
CY2014Q3 | us-gaap |
Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
|
67209000 | |
us-gaap |
Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
|
67798000 | ||
us-gaap |
Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
|
67121000 | ||
us-gaap |
Other Asset Impairment Charges
OtherAssetImpairmentCharges
|
50837000 | ||
us-gaap |
Other Asset Impairment Charges
OtherAssetImpairmentCharges
|
22006000 | ||
us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
19861000 | ||
us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
42966000 | ||
us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
-90606000 | ||
us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
3190000 | ||
us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
-152918000 | ||
us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
175000 | ||
CY2015Q3 | us-gaap |
Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
|
81000 | |
CY2014Q4 | us-gaap |
Liabilities Current
LiabilitiesCurrent
|
201183000 | |
CY2014Q4 | us-gaap |
Liabilities Of Disposal Group Including Discontinued Operation Current
LiabilitiesOfDisposalGroupIncludingDiscontinuedOperationCurrent
|
15506000 | |
CY2014Q4 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
573534000 | |
CY2014Q4 | us-gaap |
Liabilities Of Disposal Group Including Discontinued Operation Noncurrent
LiabilitiesOfDisposalGroupIncludingDiscontinuedOperationNoncurrent
|
22859000 | |
CY2014Q4 | us-gaap |
Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
|
19178000 | |
CY2014Q4 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
-109403000 | |
CY2014Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
281933000 | |
CY2014Q4 | us-gaap |
Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
|
12398000 | |
CY2014Q4 | us-gaap |
Liabilities Noncurrent
LiabilitiesNoncurrent
|
90418000 | |
CY2014Q4 | us-gaap |
Deferred Rent Credit Noncurrent
DeferredRentCreditNoncurrent
|
48381000 | |
CY2015Q3 | us-gaap |
Common Stock Shares Authorized
CommonStockSharesAuthorized
|
300000000 | |
CY2014Q4 | us-gaap |
Common Stock Shares Authorized
CommonStockSharesAuthorized
|
300000000 | |
us-gaap |
Gain Loss On Sale Of Business
GainLossOnSaleOfBusiness
|
-1632000 | ||
CY2015Q3 | us-gaap |
Common Stock Shares Issued
CommonStockSharesIssued
|
82874634 | |
CY2014Q4 | us-gaap |
Common Stock Shares Issued
CommonStockSharesIssued
|
82336689 | |
CY2015Q3 | us-gaap |
Common Stock Shares Outstanding
CommonStockSharesOutstanding
|
67981417 | |
us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
-147000 | ||
CY2014Q4 | us-gaap |
Common Stock Shares Outstanding
CommonStockSharesOutstanding
|
67521038 | |
CY2015Q3 | us-gaap |
Treasury Stock Shares
TreasuryStockShares
|
14893217 | |
CY2014Q4 | us-gaap |
Treasury Stock Shares
TreasuryStockShares
|
14815651 | |
us-gaap |
Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
|
-67947000 | ||
us-gaap |
Income Loss From Discontinued Operations Net Of Tax
IncomeLossFromDiscontinuedOperationsNetOfTax
|
-84728000 | ||
us-gaap |
Net Income Loss
NetIncomeLoss
|
-152675000 | ||
CY2014Q3 | ceco |
Percentage Of Revenue
PercentageOfRevenue
|
1.000 | |
ceco |
Provision For Doubtful Accounts Including Discontinued Operations
ProvisionForDoubtfulAccountsIncludingDiscontinuedOperations
|
19107000 | ||
us-gaap |
Share Based Compensation
ShareBasedCompensation
|
2453000 | ||
us-gaap |
Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
|
-192015000 | ||
ceco |
Provision For Doubtful Accounts Including Discontinued Operations
ProvisionForDoubtfulAccountsIncludingDiscontinuedOperations
|
15526000 | ||
us-gaap |
Share Based Compensation
ShareBasedCompensation
|
3311000 | ||
ceco |
Gain Loss On Sale Of Business Continuing And Discontinued Operations
GainLossOnSaleOfBusinessContinuingAndDiscontinuedOperations
|
-1632000 | ||
ceco |
Gain Loss On Sale Of Business Continuing And Discontinued Operations
GainLossOnSaleOfBusinessContinuingAndDiscontinuedOperations
|
-311000 | ||
us-gaap |
Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
|
575000 | ||
us-gaap |
Repayments Of Short Term Debt
RepaymentsOfShortTermDebt
|
10000000 | ||
us-gaap |
Proceeds From Repayments Of Restricted Cash Financing Activities
ProceedsFromRepaymentsOfRestrictedCashFinancingActivities
|
9250000 | ||
us-gaap |
Proceeds From Repayments Of Restricted Cash Financing Activities
ProceedsFromRepaymentsOfRestrictedCashFinancingActivities
|
-674000 | ||
us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
332000 | ||
us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
-99000 | ||
us-gaap |
Effect Of Exchange Rate On Cash And Cash Equivalents
EffectOfExchangeRateOnCashAndCashEquivalents
|
178000 | ||
us-gaap |
Effect Of Exchange Rate On Cash And Cash Equivalents
EffectOfExchangeRateOnCashAndCashEquivalents
|
121000 | ||
us-gaap |
Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
|
-24892000 | ||
us-gaap |
Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
|
10000 | ||
us-gaap |
Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
|
-32000 | ||
us-gaap |
Increase Decrease In Operating Capital
IncreaseDecreaseInOperatingCapital
|
20463000 | ||
us-gaap |
Increase Decrease In Operating Capital
IncreaseDecreaseInOperatingCapital
|
36203000 | ||
us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-21003000 | ||
us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-101145000 | ||
us-gaap |
Payments To Acquire Available For Sale Securities
PaymentsToAcquireAvailableForSaleSecurities
|
64056000 | ||
us-gaap |
Payments To Acquire Available For Sale Securities
PaymentsToAcquireAvailableForSaleSecurities
|
131487000 | ||
us-gaap |
Proceeds From Sale Of Available For Sale Securities
ProceedsFromSaleOfAvailableForSaleSecurities
|
69436000 | ||
us-gaap |
Proceeds From Sale Of Available For Sale Securities
ProceedsFromSaleOfAvailableForSaleSecurities
|
51540000 | ||
us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
7926000 | ||
us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
10558000 | ||
us-gaap |
Proceeds From Sale Of Productive Assets
ProceedsFromSaleOfProductiveAssets
|
2272000 | ||
ceco |
Payment For Sales Of Business Affiliates And Productive Assets
PaymentForSalesOfBusinessAffiliatesAndProductiveAssets
|
4125000 | ||
ceco |
Payment For Sales Of Business Affiliates And Productive Assets
PaymentForSalesOfBusinessAffiliatesAndProductiveAssets
|
387000 | ||
us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-4399000 | ||
us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-90892000 | ||
us-gaap |
Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
|
1082000 | ||
CY2013Q4 | us-gaap |
Disposal Group Including Discontinued Operation Cash And Cash Equivalents
DisposalGroupIncludingDiscontinuedOperationCashAndCashEquivalents
|
475000 | |
CY2013Q4 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
318468000 | |
CY2014Q3 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
126928000 | |
us-gaap |
Nature Of Operations
NatureOfOperations
|
<div> <p style="margin-bottom:0pt;margin-top:0pt;text-indent:0%;font-weight:bold;font-family:Times New Roman;font-size:10pt;font-style:normal;text-transform:none;font-variant: normal;">1. DESCRIPTION OF THE COMPANY</p> <p style="margin-top:6pt;margin-bottom:0pt;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;text-indent:4.54%;">Career Education’s academic institutions offer a quality education to a diverse student population in a variety of disciplines through online, on-ground and hybrid learning programs. Our two universities – American InterContinental University (“AIU”) and Colorado Technical University (“CTU”) – provide degree programs through the master’s or doctoral level as well as associate and bachelor’s levels. Both universities predominantly serve students online with career-focused degree programs that are designed to meet the educational demands of today’s busy adults. AIU and CTU continue to show innovation in higher education, advancing new personalized learning technologies like their intelli<font style="font-weight:bold;">path</font>™ adaptive learning platform that allow students to more efficiently pursue earning a degree by receiving course credit for knowledge they can already demonstrate. Career Education is committed to providing quality education that closes the gap between learners who seek to advance their careers and employers needing a qualified workforce.</p> <p style="margin-top:12pt;margin-bottom:0pt;text-indent:4.54%;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">A detailed listing of individual campus locations and web links to Career Education’s colleges, institutions and universities can be found at <font style="font-style:italic;">www.careered.com.</font></p> <p style="margin-top:12pt;margin-bottom:0pt;text-indent:4.54%;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">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> <p style="margin-bottom:0pt;margin-top:0pt;text-indent:0%;font-weight:bold;;font-size:9pt;"> </p></div> | ||
us-gaap |
Loss Contingency Disclosures
LossContingencyDisclosures
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<div> <p style="margin-bottom:0pt;margin-top:0pt;text-indent:0%;font-weight:bold;font-family:Times New Roman;font-size:10pt;font-style:normal;text-transform:none;font-variant: normal;">10. CONTINGENCIES</p> <p style="margin-top:6pt;margin-bottom:0pt;text-indent:4.54%;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">An accrual for estimated legal fees and settlements of $2.6 million and $2.3 million at September 30, 2015 and December 31, 2014, respectively, is presented within other current liabilities on our condensed consolidated balance sheets.</p> <p style="margin-top:12pt;margin-bottom:0pt;text-indent:4.54%;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> We record a liability when we believe that it is both probable that a loss will be incurred and the amount of loss can be reasonably estimated. We evaluate, at least quarterly, developments in our legal matters that could affect the amount of liability that was previously accrued, and make adjustments as appropriate. Significant judgment is required to determine both probability and the estimated amount. We may be unable to estimate a possible loss or range of possible loss due to various reasons, including, among others: (1) if the damages sought are indeterminate; (2) if the proceedings are in early stages; (3) if there is uncertainty as to the outcome of pending appeals, motions, or settlements; (4) if there are significant factual issues to be determined or resolved; and (5) if there are novel or unsettled legal theories presented. In such instances, there is considerable uncertainty regarding the ultimate resolution of such matters, including a possible eventual loss, if any.</p> <p style="margin-top:18pt;margin-bottom:0pt;text-indent:0%;font-weight:bold;font-family:Times New Roman;font-size:10pt;font-style:normal;text-transform:none;font-variant: normal;">Litigation</p> <p style="margin-top:6pt;margin-bottom:0pt;text-indent:4.54%;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> We are, or were, a party to the following legal proceedings that we consider to be outside the scope of ordinary routine litigation incidental to our business. Due to the inherent uncertainties of litigation, we cannot predict the ultimate outcome of these matters. An unfavorable outcome of any one or more of these matters could have a material adverse impact on our business, results of operations, cash flows and financial position.</p> <p style="margin-top:18pt;margin-bottom:0pt;text-indent:0%;font-weight:bold;font-style:italic;font-family:Times New Roman;font-size:10pt;text-transform:none;font-variant: normal;">Student Litigation</p> <p style="margin-top:6pt;margin-bottom:0pt;text-indent:4.54%;font-style:italic;font-family:Times New Roman;font-size:10pt;font-weight:normal;text-transform:none;font-variant: normal;">Enea, et al. v. Career Education Corporation, California Culinary Academy, Inc., SLM Corporation, and Sallie Mae, Inc.<font style="font-style:normal;"> Plaintiffs filed this putative class action in the Superior Court State of California, County of San Francisco, on or about June 27, 2013. Plaintiffs allege that CCA materially misrepresented the placement rates of its graduates, falsely stated that admission to the culinary school was competitive and that the school had an excellent reputation among restaurants and other food service providers, represented that the culinary schools were well-regarded institutions producing skilled graduates who employers eagerly hired, and lied by telling students that the school provided graduates with career placement services for life. The class purports to consist of persons who executed Parent Plus loans or co-signed loans for students who attended CCA at any time between January 1, 2003 and December 31, 2008. Plaintiffs seek restitution, damages, civil penalties and attorneys’ fees.</font></p> <p style="margin-top:12pt;margin-bottom:0pt;text-indent:4.54%;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> Defendants filed a motion to dismiss and to strike class action allegations on October 31, 2013. A hearing on the motions was conducted on March 14, 2014. Thereafter, the Court issued two separate orders granting the motion to strike the class allegations and the motion to dismiss without leave to amend. Plaintiffs filed a motion seeking leave to file a third amended complaint and/or for reconsideration of the Court’s orders. On May 9, 2014, the Court denied plaintiffs’ motion to reconsider its order striking the class allegations and granted plaintiffs leave to file a third amended complaint as to some, but not all, of plaintiffs’ claims. On May 15, 2014, plaintiffs appealed the Court’s ruling with respect to the motion to strike the class allegations. The Court has stayed the case pending a ruling on the appeal.</p> <p style="margin-top:12pt;margin-bottom:0pt;text-indent:4.54%;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> Because of the many questions of fact and law that may arise in the future, the outcome of this legal proceeding is uncertain at this point. Based on information available to us at present, we cannot reasonably estimate a range of potential loss, if any, for this action because, among other things, our potential liability depends on whether a class is certified and, if so, the composition and size of any such class, as well as on an assessment of the appropriate measure of damages if we were to be found liable. Accordingly, we have not recognized any liability associated with this action.</p> <p style="margin-top:12pt;margin-bottom:0pt;text-indent:4.54%;font-style:italic;font-family:Times New Roman;font-size:10pt;font-weight:normal;text-transform:none;font-variant: normal;">Surrett, et al. v. Western Culinary Institute, Ltd. and Career Education Corporation<font style="font-style:normal;">. On March 5, 2008, a complaint was filed in Portland, Oregon in the Circuit Court of the State of Oregon in and for Multnomah County naming Western Culinary Institute, Ltd. (“WCI”) and the Company as defendants. Plaintiffs filed the complaint individually and as a putative class action and alleged two claims for equitable relief: violation of Oregon’s Unlawful Trade Practices Act (“UTPA”) and unjust enrichment. Plaintiffs filed an amended complaint on April 10, 2008, which added two claims for money damages: fraud and breach of contract. Plaintiffs allege WCI made a variety of misrepresentations to them, relating generally to WCI’s placement statistics, students’ employment prospects upon graduation from WCI, the value and quality of an education at WCI, and the amount of tuition students could expect to pay as compared to salaries they could expect to earn after graduation. WCI subsequently moved to dismiss certain of plaintiffs’ claims under Oregon’s UTPA; that motion was granted on September 12, 2008. On February 5, 2010, the Court entered a formal Order granting class certification on part of plaintiff’s UTPA and fraud claims purportedly based on omissions, denying certification of the rest of those claims and denying certification of the breach of contract and unjust enrichment claims. The class consists of students who enrolled at WCI between March 5, 2006 and March 1, 2010, excluding those who dropped out or were dismissed from the school for academic reasons.</font></p> <p style="margin-top:12pt;margin-bottom:0pt;text-indent:4.54%;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Plaintiffs filed a fifth amended complaint on December 7, 2010, which included individual and class allegations by Nathan Surrett. Class notice was sent on April 22, 2011, and the opt-out period expired on June 20, 2011. The class consisted of approximately 2,600 members. They are seeking tuition refunds, interest and certain fees paid in connection with their enrollment at WCI.</p> <p style="margin-top:12pt;margin-bottom:0pt;text-indent:4.54%;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">On May 23, 2012, WCI filed a motion to compel arbitration of claims by 1,062 individual class members who signed enrollment agreements containing express class action waivers. The Court issued an Order denying the motion on July 27, 2012. On August 6, 2012, WCI filed an appeal from the Court’s Order and on August 30, 2012, the Court of Appeals issued an Order granting WCI’s motion to compel the trial court to cease exercising jurisdiction in the case. The oral argument on the appeal was heard on May 9, 2014 and we are awaiting the Court’s decision. All proceedings with the trial court have been stayed pending the outcome of the appeal.</p> <p style="margin-top:12pt;margin-bottom:0pt;text-indent:4.54%;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Because of the many questions of fact and law that have already arisen and that may arise in the future, the outcome of this legal proceeding is uncertain at this point. Based on information available to us at present, we cannot reasonably estimate a range of potential loss, if any, for this action because of the inherent difficulty in assessing the appropriate measure of damages and the number of class members who might be entitled to recover damages, if we were to be found liable. Accordingly, we have not recognized any liability associated with this action.</p> <p style="margin-top:18pt;margin-bottom:0pt;text-indent:0%;font-weight:bold;font-style:italic;font-family:Times New Roman;font-size:10pt;text-transform:none;font-variant: normal;">False Claims Act</p> <p style="margin-top:6pt;margin-bottom:0pt;text-indent:4.54%;font-style:italic;font-family:Times New Roman;font-size:10pt;font-weight:normal;text-transform:none;font-variant: normal;">United States of America, ex rel. Melissa Simms Powell, et al. v. American InterContinental University, Inc., a Georgia Corporation, Career Education Corp., a Delaware Corporation and John Doe Nos. 1-100.<font style="font-style:normal;"> On July 28, 2009, we were served with a complaint filed in the U.S. District Court for the Northern District of Georgia, Atlanta Division. The complaint was originally filed under seal on July 14, 2008 by four former employees of the Dunwoody campus of our American InterContinental University on behalf of themselves and the federal government. On July 27, 2009, the Court ordered the complaint unsealed and we were notified that the U.S. Department of Justice declined to intervene in the action. When the federal government declines to intervene in a False Claims Act action, as it has done in this case, the private plaintiffs (or “relators”) may elect to pursue the litigation on behalf of the federal government and, if they are successful, receive a portion of the federal government’s recovery. The action alleges violations of the False Claims Act and promissory fraud, including allegedly providing false certifications to the federal government regarding compliance with certain provisions of the Higher Education Act and accreditation standards. Relators claim that defendants’ conduct caused the government to pay federal funds to defendants and to make payments to third-party lenders, which the government would not have made if not for defendants’ alleged violation of the law. Relators seek treble damages plus civil penalties and attorneys’ fees. On July 12, 2012, the Court granted our motion to dismiss for a lack of jurisdiction, the claims related to incentive compensation and proof of graduation. Thus, the only claim that remained pending against defendants was based on relators’ contention that defendants misled the school’s accreditor, Southern Association of Colleges and Schools, during the accreditation process. On December 16, 2013, we filed a motion for summary judgment on a variety of substantive grounds. On September 29, 2014, the Court granted our motion for summary judgment and entered judgment in our favor. On October 2, 2014, relators filed a notice of appeal. The appeal was stayed pending the United States Supreme Court’s decision in </font>Kellogg Brown & Root Servs., Inc. v. U.S. ex rel. Carter<font style="font-style:normal;">, No. 12-1497. The Supreme Court issued its decision and relators moved to lift the stay and remand the case to the district court. The case has been remanded to the district court.  The district court is currently considering additional arguments regarding whether it has jurisdiction over relators’ remaining claims.</font></p> <p style="margin-top:12pt;margin-bottom:0pt;text-indent:4.54%;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Because of the many questions of fact and law that may arise on remand to the district court, the outcome of this legal proceeding is uncertain at this point. Based on information available to us at present, we cannot reasonably estimate a range of potential loss, if any, for this action because the complaint does not seek a specified amount of damages and it is unclear how damages would be calculated, if we were to be found liable. Moreover, the case presents novel legal issues. Accordingly, we have not recognized any liability associated with this action.</p> <p style="margin-top:12pt;margin-bottom:0pt;text-indent:4.54%;font-style:italic;font-family:Times New Roman;font-size:10pt;font-weight:normal;text-transform:none;font-variant: normal;">United States of America, ex rel. Brent M. Nelson v. Career Education Corporation, Sanford-Brown, Ltd., and Ultrasound Technical Services, Inc.<font style="font-style:normal;"> On April 18, 2013, defendants were served with an amended complaint filed in the U.S. District Court for the Eastern District of Wisconsin. The original complaint was filed under seal on July 30, 2012 by a former employee of Sanford-Brown College Milwaukee on behalf of himself and the federal government. On February 27, 2013, the Court ordered the complaint unsealed and we were notified that the U.S. Department of Justice declined to intervene in the action. After the federal government declined to intervene in this case, the relator elected to pursue the litigation on behalf of the federal government. If he is successful he would receive a portion of the federal government’s recovery. An amended complaint was filed by the relator on April 12, 2013 and alleges violations of the False Claims Act, including allegedly providing false certifications to the federal government regarding compliance with certain provisions of the Higher Education Act and accreditation standards. Relator claims that defendants’ conduct caused the government to pay federal funds to defendants, and to make payments to third-party lenders, which the government would not have made if not for defendants’ alleged violation of the law. Relator seeks treble damages plus civil penalties and attorneys’ fees. On June 11, 2013, defendants filed a motion to dismiss the case on a variety of grounds. The Court ruled on that motion, dismissing CEC from the case and dismissing several of the relator’s factual claims. On November 27, 2013, Sanford Brown, LTD., and Ultrasound Technical Services, Inc., the remaining Company defendants, filed a motion to dismiss the case for lack of subject matter jurisdiction due to prior public disclosures of the relator’s alleged claims. On March 17, 2014, the Court granted this motion in part, limiting the timeframe and geographical scope of the relator’s claims. On June 13, 2014, the Court granted the remaining Company defendants’ motion for summary judgment and entered judgment in their favor. On July 9, 2014, relator filed a notice of appeal. On June 8, 2015, the appellate court affirmed the district court. On July 2, 2015, relator filed a petition for rehearing, which was denied on August 4, 2015.</font></p> <p style="margin-top:12pt;margin-bottom:0pt;text-indent:4.54%;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Because of the many questions of fact and law that may arise on appeal, the outcome of this legal proceeding is uncertain at this point. Based on information available to us at present, we cannot reasonably estimate a range of potential loss, if any, for this action because the complaint does not seek a specified amount of damages and it is unclear how damages would be calculated, if we were to be found liable. Accordingly, we have not recognized any liability associated with this action.</p> <p style="text-align:justify;margin-top:12pt;margin-bottom:0pt;text-indent:4.54%;font-style:italic;font-family:Times New Roman;font-size:10pt;font-weight:normal;text-transform:none;font-variant: normal;">United States of America, ex rel. Ann Marie Rega v. Career Education Corporation, et al.<font style="font-style:normal;"> On May 16, 2014, Relator Ann Marie Rega, a former employee of Sanford-Brown Iselin, filed an action in the U.S. District Court for the District of New Jersey against the Company and almost all of the Company’s individual schools on behalf of herself and the federal government. She alleges claims under the False Claims Act, including allegedly providing false certifications to the federal government regarding compliance with certain provisions of the Higher Education Act and accreditation standards. Relator claims that defendants’ conduct caused the government to pay federal funds to defendants, and to make payments to third-party lenders, which the government would not have made if not for defendants’ alleged violation of the law. Relator seeks treble damages plus civil penalties and attorneys’ fees. Relator failed to comply with the statutory requirement that all False Claims Act cases be filed under seal. On June 16, 2014, defendants filed a motion to dismiss the complaint with prejudice as to relator for failure to file her complaint under seal in accordance with the requirements of the False Claims Act. The motion is fully briefed and the parties are awaiting a ruling from the Court.</font></p> <p style="margin-top:12pt;margin-bottom:0pt;text-indent:4.54%;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Because the matter is in its early stages and because of the many questions of fact and law that may arise, the outcome of this legal proceeding is uncertain at this point. Based on information available to us at present, we cannot reasonably estimate a range of potential loss, if any, for this action because the complaint does not seek a specified amount of damages and it is unclear how damages would be calculated, if we were to be found liable. Moreover, the case presents novel legal issues. Accordingly, we have not recognized any liability associated with this action.</p> <p style="margin-top:18pt;margin-bottom:0pt;text-indent:0%;font-weight:bold;font-style:italic;font-family:Times New Roman;font-size:10pt;text-transform:none;font-variant: normal;">Employment Litigation</p> <p style="margin-top:6pt;margin-bottom:0pt;text-indent:4.54%;font-style:italic;font-family:Times New Roman;font-size:10pt;font-weight:normal;text-transform:none;font-variant: normal;"> Wilson, et al. v. Career Education Corporation.<font style="font-style:normal;"> On August 11, 2011, Riley Wilson, a former admissions representative based in Minnesota, filed a complaint in the U.S. District Court for the Northern District of Illinois. The two-count complaint asserts claims of breach of contract and unjust enrichment arising from our decision to terminate our Admissions Representative Supplemental Compensation (“ARSC”) Plan. In addition to his individual claims, Wilson also seeks to represent a nationwide class of similarly situated admissions representatives who also were affected by termination of the plan. On October 6, 2011, we filed a motion to dismiss the complaint. On April 13, 2012, the Court granted our motion to dismiss in its entirety and dismissed plaintiff’s complaint for failure to state a claim. The Court dismissed this action with prejudice on May 14, 2012. On June 11, 2012, plaintiff filed a notice of appeal with the U.S. Court of Appeals for the Seventh Circuit appealing the final judgment of the trial court. Briefing was completed on October 30, 2012, and oral argument was held on December 3, 2012. On August 30, 2013, the Seventh Circuit affirmed the district court’s ruling on plaintiff’s unjust enrichment claim but reversed and remanded for further proceedings on plaintiff’s breach of contract claim. On September 13, 2013, we filed a petition for rehearing to seek review of the panel’s decision on the breach of contract claim and for certification of question to the Illinois Supreme Court, but the petition was denied.</font></p> <p style="text-align:justify;margin-top:12pt;margin-bottom:0pt;text-indent:4.54%;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> The case now is on remand to the district court for further proceedings on the sole question of whether CEC’s termination of the ARSC Plan violated the implied covenant of good faith and fair dealing. The parties have completed fact discovery as to the issue of liability. On March 24, 2015, we filed a motion for summary judgment. The motion is fully briefed and the parties are awaiting a ruling from the Court.</p> <p style="text-align:justify;margin-top:12pt;margin-bottom:0pt;text-indent:4.54%;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Because of the many questions of fact and law that may arise, the outcome of this legal proceeding is uncertain at this point. Based on information available to us at present, we cannot reasonably estimate a range of potential loss, if any, for this action. Accordingly, we have not recognized any liability associated with this action.</p> <p style="margin-top:18pt;margin-bottom:0pt;text-indent:0%;font-weight:bold;font-style:italic;font-family:Times New Roman;font-size:10pt;text-transform:none;font-variant: normal;">Other Litigation</p> <p style="margin-top:6pt;margin-bottom:0pt;text-indent:4.54%;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">In addition to the legal proceedings and other matters described above, we are also subject to a variety of other claims, lawsuits and investigations that arise from time to time out of the conduct of our business, including, but not limited to, claims involving prospective students, students or graduates, alleged violations of the Telephone Consumer Protection Act, both individually and on behalf of a putative class, and routine employment matters. While we currently believe that such claims, individually or in aggregate, will not have a material adverse impact on our financial position, cash flows or results of operations, these other matters are subject to inherent uncertainties, and management’s view of these matters may change in the future. Were an unfavorable final outcome to occur in any one or more of these matters, there exists the possibility of a material adverse impact on our business, reputation, financial position, cash flows, and the results of operations for the period in which the effect becomes probable and reasonably estimable.</p> <p style="margin-top:18pt;margin-bottom:0pt;text-indent:0%;font-weight:bold;font-family:Times New Roman;font-size:10pt;font-style:normal;text-transform:none;font-variant: normal;">State Investigations</p> <p style="margin-top:6pt;margin-bottom:0pt;text-indent:4.54%;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">The Attorney General of Connecticut is serving as the point of contact for inquiries received from the attorneys general of the following: Arkansas, Arizona, Connecticut, Idaho, Iowa, Kentucky, Missouri, Nebraska, North Carolina, Oregon, Pennsylvania, Washington (January 24, 2014); Illinois (December 9, 2011); Tennessee (February 7, 2014); Hawaii (May 28, 2014 ); New Mexico (May 2014); Maryland (March 16, 2015); and the District of Columbia (June 3, 2015) (these 18 attorneys general are collectively referred to as the “Multi-State AGs”). In addition, the Company has received inquiries from the attorneys general of Florida (November 5, 2010), Massachusetts (September 27, 2012), Colorado (August 27, 2013) and Minnesota (September 18, 2014). The inquiries are civil investigative demands or subpoenas which relate to the investigation by the attorneys general of whether the Company and its schools have complied with certain state consumer protection laws, and generally focus on the Company's practices relating to the recruitment of students, graduate placement statistics, graduate certification and licensing results and student lending activities, among other matters. Depending on the state, the documents and information sought by the attorneys general in connection with their investigations cover time periods as early as 2006 to the present. The Company intends to cooperate with the states involved with a view towards resolving these inquiries as promptly as possible. In this regard, over the past several months the Company has participated in several meetings with representatives of the Multi-State AGs about the Company’s business and to engage in a dialogue towards a resolution of these inquiries.</p> <p style="margin-top:12pt;margin-bottom:0pt;text-indent:4.54%;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> We cannot predict the scope, duration or outcome of these attorney general investigations. At the conclusion of any of these matters, the Company or certain of its schools may be subject to claims of failure to comply with state laws or regulations and may be required to pay significant financial penalties and/or curtail or modify their operations. Other state attorneys general may also initiate inquiries into the Company or its schools. If any of the foregoing occurs, our business, reputation, financial position, cash flows and results of operations could be materially adversely affected. Based on information available to us at present, we cannot reasonably estimate a range of potential monetary or non-monetary impact these investigations might have on the Company because it is uncertain what remedies, if any, these regulators might ultimately seek in connection with these investigations.</p> <p style="margin-top:12pt;margin-bottom:0pt;text-indent:4.54%;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">In addition to the aforementioned inquiries, from time to time, we receive informal requests from state Attorneys General and other government agencies relating to specific complaints they have received from students or former students which seek information about the student, our programs, and other matters relating to our activities in the relevant state. These requests can be broad and time consuming to respond to, and there is a risk that they could expand and/or lead to a formal inquiry or investigation into our practices in a particular state.</p> <p style="margin-top:12pt;margin-bottom:0pt;text-indent:0%;font-weight:bold;font-family:Times New Roman;font-size:10pt;font-style:normal;text-transform:none;font-variant: normal;">Federal Trade Commission Inquiry</p> <p style="margin-bottom:0pt;margin-top:0pt;text-indent:0%;font-family:Times New Roman;font-size:10pt;"> </p> <p style="margin-bottom:0pt;margin-top:0pt;text-indent:4.54%;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">On August 20, 2015, the Company received a request for information pursuant to a Civil Investigative Demand from the U.S. Federal Trade Commission (“FTC”). The request was made pursuant to a November 2013 resolution by the FTC directing an investigation to determine whether unnamed persons, partnerships, corporations, or others have engaged or are engaging in deceptive or unfair acts or practices in or affecting commerce in the advertising, marketing or sale of secondary or postsecondary educational products or services, or educational accreditation products or services. The information request requires the Company to provide documents and information regarding a broad spectrum of the business and practices of its subsidiaries and institutions for the time period of January 1, 2010 to the present. The Company intends to cooperate with the FTC with a view towards resolving these inquiries as promptly as possible. </p> <p style="text-align:justify;margin-top:12pt;margin-bottom:0pt;text-indent:4.54%;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Because the FTC inquiry is in the early stages and because of the many questions of fact and law that may arise, we cannot predict the outcome of the inquiry. Based on information available to us at present, we cannot reasonably estimate a range of potential monetary or non-monetary impact this inquiry might have on the Company because it is uncertain what remedies, if any, the FTC might ultimately seek in connection with this inquiry. </p> <p style="margin-top:18pt;margin-bottom:0pt;text-indent:0%;font-weight:bold;font-family:Times New Roman;font-size:10pt;font-style:normal;text-transform:none;font-variant: normal;">Regulatory Matters</p> <p style="margin-top:6pt;margin-bottom:0pt;text-indent:0%;font-weight:bold;font-style:italic;font-family:Times New Roman;font-size:10pt;text-transform:none;font-variant: normal;">ED Inquiry and HCM1 Status</p> <p style="margin-top:6pt;margin-bottom:0pt;text-indent:4.54%;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> In December 2011, the U.S. Department of Education (“ED”) advised the Company that it is conducting an inquiry concerning possible violations of ED misrepresentation regulations related to placement rates reported by certain of the Company’s institutions to accrediting bodies, students and potential students. This inquiry stems from the Company’s self-reporting to ED of its internal investigation into student placement determination practices at the Company’s previous Health Education segment campuses and review of placement determination practices at all of the Company’s other domestic campuses in 2011. The Company has been cooperating with ED in connection with this inquiry. If ED determines that the Company or any of its institutions violated ED misrepresentation regulations with regard to the publication or reporting of placement rates or other disclosures to students or prospective students or finds any other basis in the materials we are providing, ED may revoke, limit, suspend, delay or deny the institution’s or all of the Company’s institutions Title IV eligibility, or impose fines. In addition, all of the Company’s institutions are currently in the process of seeking recertification from ED to participate in Title IV Programs. We cannot predict whether, or to what extent, ED’s inquiry might impact this recertification process. </p> <p style="margin-top:12pt;margin-bottom:0pt;text-indent:4.54%;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">In December 2011, ED also moved all of the Company’s institutions from the “advance” method of payment of Title IV Program funds to cash monitoring status (referred to as Heightened Cash Monitoring 1, or HCM1, status). Although the Company’s prior practices substantially conformed to the requirements of this more restrictive method of drawing down students’ Title IV Program funds, if ED finds violations of the HEA or related regulations, ED may impose monetary or program level sanctions, impose some period of delay in the Company’s receipt of Title IV funds or transfer the Company’s schools to the “reimbursement” or Heightened Cash Monitoring 2 (“HCM2”) methods of payment of Title IV Program funds. While on HCM2 status, an institution must disburse its own funds to students, document the students’ eligibility for Title IV Program funds and comply with certain waiting period requirements before receiving such funds from ED, which results in a significant delay in receiving those funds. The process of re-establishing a regular schedule of cash receipts for the Title IV Program funds if ED places our schools on “reimbursement” or HCM2 payment status could take several months, and would require us to fund ongoing operations substantially out of existing cash balances. If our existing cash balances are insufficient to sustain us through this transition period, we would need to pursue other sources of liquidity, which may not be available or may be costly.</p> <p style="margin-top:18pt;margin-bottom:0pt;text-indent:0%;font-weight:bold;font-style:italic;font-family:Times New Roman;font-size:10pt;text-transform:none;font-variant: normal;">OIG Audit</p> <p style="margin-top:6pt;margin-bottom:0pt;text-indent:4.54%;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Our schools and universities are also subject to periodic audits by various regulatory bodies, including the U.S. Department of Education's Office of Inspector General ("OIG"). The OIG audit services division commenced a compliance audit of CTU in June 2010, covering the period July 5, 2009 to May 16, 2010, to determine whether CTU had policies and procedures to ensure that CTU administered Title IV Program and other federal program funds in accordance with applicable federal law and regulation. On January 13, 2012, the OIG issued a draft report identifying three findings, including one regarding the documentation of attendance of students enrolled in online programs and one regarding the calculation of returns of Title IV Program funds arising from student withdrawals without official notice to the institution. CTU submitted a written response to the OIG, contesting these findings, on March 2, 2012. CTU disagreed with the OIG's proposed determination of what constitutes appropriate documentation or verification of online academic activity during the time period covered by the audit. CTU's response asserted that this finding was based on the retroactive application of standards adopted as part of the program integrity regulations that first went into effect on July 1, 2011. The OIG final report, along with CTU's response to the draft report, was forwarded to ED's Office of Federal Student Aid on September 21, 2012. On October 24, 2012, CTU provided a further response challenging the findings of the report directly to ED's Office of Federal Student Aid. As a result of ED’s review of these materials, on January 31, 2013, CTU received a request from ED that it perform two file reviews to determine potential liability on two discrete issues associated with one of the above findings. The first file review relates to any potential aid awarded to students who engaged in virtual classroom attendance activities prior to the official start date of a course and for which no further attendance was registered during the official class term. The second file review relates to students that were awarded and paid Pell funds for enrollment in two concurrent courses, while only registering attendance in one of the two courses. The Company completed these file reviews and provided supporting documentation to ED on April 10, 2013. As of September 30, 2015, the Company has a $0.8 million reserve recorded related to this matter. </p></div> | ||
CY2015Q3 | ceco |
Number Of Universities
NumberOfUniversities
|
2 | |
us-gaap |
Number Of Reportable Segments
NumberOfReportableSegments
|
3 | ||
CY2015Q3 | ceco |
Number Of Campuses Which Completed Teach Out
NumberOfCampusesWhichCompletedTeachOut
|
1 | |
CY2015Q3 | ceco |
Sale Agreement Amount
SaleAgreementAmount
|
0 | |
CY2015Q3 | ceco |
Gain Loss On Sale Of Business From Current Quarter Close
GainLossOnSaleOfBusinessFromCurrentQuarterClose
|
-900000 | |
CY2015Q3 | us-gaap |
Disposal Group Including Discontinued Operation Revenue
DisposalGroupIncludingDiscontinuedOperationRevenue
|
41413000 | |
CY2014Q3 | us-gaap |
Disposal Group Including Discontinued Operation Revenue
DisposalGroupIncludingDiscontinuedOperationRevenue
|
44656000 | |
CY2015Q3 | us-gaap |
Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare
|
-0.50 | |
CY2015Q3 | ceco |
Disposal Group Including Discontinued Operation Educational Services And Facilities Expense
DisposalGroupIncludingDiscontinuedOperationEducationalServicesAndFacilitiesExpense
|
21124000 | |
CY2014Q3 | ceco |
Disposal Group Including Discontinued Operation Educational Services And Facilities Expense
DisposalGroupIncludingDiscontinuedOperationEducationalServicesAndFacilitiesExpense
|
23197000 | |
ceco |
Disposal Group Including Discontinued Operation Educational Services And Facilities Expense
DisposalGroupIncludingDiscontinuedOperationEducationalServicesAndFacilitiesExpense
|
60528000 | ||
ceco |
Disposal Group Including Discontinued Operation Educational Services And Facilities Expense
DisposalGroupIncludingDiscontinuedOperationEducationalServicesAndFacilitiesExpense
|
85363000 | ||
CY2015Q3 | us-gaap |
Disposal Group Including Discontinued Operation General And Administrative Expense
DisposalGroupIncludingDiscontinuedOperationGeneralAndAdministrativeExpense
|
20583000 | |
CY2014Q3 | us-gaap |
Disposal Group Including Discontinued Operation General And Administrative Expense
DisposalGroupIncludingDiscontinuedOperationGeneralAndAdministrativeExpense
|
30771000 | |
us-gaap |
Disposal Group Including Discontinued Operation General And Administrative Expense
DisposalGroupIncludingDiscontinuedOperationGeneralAndAdministrativeExpense
|
69657000 | ||
us-gaap |
Disposal Group Including Discontinued Operation General And Administrative Expense
DisposalGroupIncludingDiscontinuedOperationGeneralAndAdministrativeExpense
|
109762000 | ||
CY2015Q3 | us-gaap |
Disposal Group Including Discontinued Operation Depreciation And Amortization
DisposalGroupIncludingDiscontinuedOperationDepreciationAndAmortization
|
0 | |
CY2014Q3 | us-gaap |
Disposal Group Including Discontinued Operation Depreciation And Amortization
DisposalGroupIncludingDiscontinuedOperationDepreciationAndAmortization
|
4403000 | |
us-gaap |
Disposal Group Including Discontinued Operation Depreciation And Amortization
DisposalGroupIncludingDiscontinuedOperationDepreciationAndAmortization
|
1000 | ||
us-gaap |
Disposal Group Including Discontinued Operation Depreciation And Amortization
DisposalGroupIncludingDiscontinuedOperationDepreciationAndAmortization
|
14914000 | ||
CY2015Q3 | us-gaap |
Impairment Of Long Lived Assets To Be Disposed Of
ImpairmentOfLongLivedAssetsToBeDisposedOf
|
33446000 | |
CY2014Q3 | us-gaap |
Impairment Of Long Lived Assets To Be Disposed Of
ImpairmentOfLongLivedAssetsToBeDisposedOf
|
1547000 | |
us-gaap |
Impairment Of Long Lived Assets To Be Disposed Of
ImpairmentOfLongLivedAssetsToBeDisposedOf
|
43133000 | ||
us-gaap |
Impairment Of Long Lived Assets To Be Disposed Of
ImpairmentOfLongLivedAssetsToBeDisposedOf
|
8991000 | ||
CY2015Q3 | us-gaap |
Disposal Group Including Discontinued Operation Operating Expense
DisposalGroupIncludingDiscontinuedOperationOperatingExpense
|
75153000 | |
CY2014Q3 | us-gaap |
Disposal Group Including Discontinued Operation Operating Expense
DisposalGroupIncludingDiscontinuedOperationOperatingExpense
|
59918000 | |
us-gaap |
Disposal Group Including Discontinued Operation Operating Expense
DisposalGroupIncludingDiscontinuedOperationOperatingExpense
|
173319000 | ||
us-gaap |
Disposal Group Including Discontinued Operation Operating Expense
DisposalGroupIncludingDiscontinuedOperationOperatingExpense
|
219030000 | ||
CY2015Q3 | us-gaap |
Discontinued Operation Income Loss From Discontinued Operation Before Income Tax
DiscontinuedOperationIncomeLossFromDiscontinuedOperationBeforeIncomeTax
|
-33715000 | |
CY2014Q3 | us-gaap |
Discontinued Operation Income Loss From Discontinued Operation Before Income Tax
DiscontinuedOperationIncomeLossFromDiscontinuedOperationBeforeIncomeTax
|
-15201000 | |
us-gaap |
Discontinued Operation Income Loss From Discontinued Operation Before Income Tax
DiscontinuedOperationIncomeLossFromDiscontinuedOperationBeforeIncomeTax
|
-45069000 | ||
us-gaap |
Discontinued Operation Income Loss From Discontinued Operation Before Income Tax
DiscontinuedOperationIncomeLossFromDiscontinuedOperationBeforeIncomeTax
|
-84728000 | ||
CY2015Q3 | us-gaap |
Discontinued Operation Tax Effect Of Discontinued Operation
DiscontinuedOperationTaxEffectOfDiscontinuedOperation
|
0 | |
CY2014Q3 | us-gaap |
Discontinued Operation Tax Effect Of Discontinued Operation
DiscontinuedOperationTaxEffectOfDiscontinuedOperation
|
0 | |
us-gaap |
Discontinued Operation Tax Effect Of Discontinued Operation
DiscontinuedOperationTaxEffectOfDiscontinuedOperation
|
0 | ||
us-gaap |
Discontinued Operation Tax Effect Of Discontinued Operation
DiscontinuedOperationTaxEffectOfDiscontinuedOperation
|
0 | ||
CY2014Q3 | us-gaap |
Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare
|
-0.22 | |
us-gaap |
Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare
|
-0.66 | ||
us-gaap |
Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare
|
-1.26 | ||
CY2015Q3 | ceco |
Payments To Acquire Property Plant And Equipment Discontinued Operations
PaymentsToAcquirePropertyPlantAndEquipmentDiscontinuedOperations
|
138000 | |
CY2014Q3 | ceco |
Payments To Acquire Property Plant And Equipment Discontinued Operations
PaymentsToAcquirePropertyPlantAndEquipmentDiscontinuedOperations
|
1110000 | |
ceco |
Payments To Acquire Property Plant And Equipment Discontinued Operations
PaymentsToAcquirePropertyPlantAndEquipmentDiscontinuedOperations
|
457000 | ||
ceco |
Payments To Acquire Property Plant And Equipment Discontinued Operations
PaymentsToAcquirePropertyPlantAndEquipmentDiscontinuedOperations
|
1714000 | ||
CY2015Q3 | us-gaap |
Disposal Group Including Discontinued Operation Accounts Notes And Loans Receivable Net
DisposalGroupIncludingDiscontinuedOperationAccountsNotesAndLoansReceivableNet
|
334000 | |
CY2014Q4 | us-gaap |
Disposal Group Including Discontinued Operation Accounts Notes And Loans Receivable Net
DisposalGroupIncludingDiscontinuedOperationAccountsNotesAndLoansReceivableNet
|
473000 | |
CY2015Q3 | us-gaap |
Disposal Group Including Discontinued Operation Other Current Assets
DisposalGroupIncludingDiscontinuedOperationOtherCurrentAssets
|
13000 | |
CY2015Q3 | us-gaap |
Assets Of Disposal Group Including Discontinued Operation
AssetsOfDisposalGroupIncludingDiscontinuedOperation
|
1127000 | |
CY2014Q4 | us-gaap |
Assets Of Disposal Group Including Discontinued Operation
AssetsOfDisposalGroupIncludingDiscontinuedOperation
|
1448000 | |
CY2015Q3 | us-gaap |
Disposal Group Including Discontinued Operation Accounts Payable And Accrued Liabilities
DisposalGroupIncludingDiscontinuedOperationAccountsPayableAndAccruedLiabilities
|
172000 | |
CY2014Q4 | us-gaap |
Disposal Group Including Discontinued Operation Accounts Payable And Accrued Liabilities
DisposalGroupIncludingDiscontinuedOperationAccountsPayableAndAccruedLiabilities
|
579000 | |
CY2015Q3 | ceco |
Disposal Group Including Discontinued Operation Remaining Lease Obligations Current
DisposalGroupIncludingDiscontinuedOperationRemainingLeaseObligationsCurrent
|
12183000 | |
CY2014Q4 | ceco |
Disposal Group Including Discontinued Operation Remaining Lease Obligations Current
DisposalGroupIncludingDiscontinuedOperationRemainingLeaseObligationsCurrent
|
14927000 | |
CY2015Q3 | ceco |
Disposal Group Including Discontinued Operation Remaining Lease Obligations Noncurrent
DisposalGroupIncludingDiscontinuedOperationRemainingLeaseObligationsNoncurrent
|
12434000 | |
CY2014Q4 | ceco |
Disposal Group Including Discontinued Operation Remaining Lease Obligations Noncurrent
DisposalGroupIncludingDiscontinuedOperationRemainingLeaseObligationsNoncurrent
|
22689000 | |
CY2015Q3 | us-gaap |
Disposal Group Including Discontinued Operation Other Noncurrent Liabilities
DisposalGroupIncludingDiscontinuedOperationOtherNoncurrentLiabilities
|
163000 | |
CY2014Q4 | us-gaap |
Disposal Group Including Discontinued Operation Other Noncurrent Liabilities
DisposalGroupIncludingDiscontinuedOperationOtherNoncurrentLiabilities
|
170000 | |
CY2015Q3 | us-gaap |
Liabilities Of Disposal Group Including Discontinued Operation
LiabilitiesOfDisposalGroupIncludingDiscontinuedOperation
|
24952000 | |
CY2014Q4 | us-gaap |
Liabilities Of Disposal Group Including Discontinued Operation
LiabilitiesOfDisposalGroupIncludingDiscontinuedOperation
|
38365000 | |
ceco |
Discontinued Operations Lease Expiration Year
DiscontinuedOperationsLeaseExpirationYear
|
2021 | ||
CY2015Q2 | ceco |
Disposal Group Including Discontinued Operation Remaining Lease Obligations
DisposalGroupIncludingDiscontinuedOperationRemainingLeaseObligations
|
29588000 | |
CY2015Q3 | ceco |
Disposal Group Including Discontinued Operation Remaining Lease Obligations Incurred And Reversal
DisposalGroupIncludingDiscontinuedOperationRemainingLeaseObligationsIncurredAndReversal
|
60000 | |
CY2013Q4 | us-gaap |
Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
|
17570000 | |
CY2015Q3 | ceco |
Disposal Group Including Discontinued Operation Remaining Lease Obligations Net Cash Payments
DisposalGroupIncludingDiscontinuedOperationRemainingLeaseObligationsNetCashPayments
|
3456000 | |
CY2015Q3 | ceco |
Disposal Group Including Discontinued Operation Remaining Lease Obligations Other
DisposalGroupIncludingDiscontinuedOperationRemainingLeaseObligationsOther
|
50000 | |
CY2014Q4 | ceco |
Disposal Group Including Discontinued Operation Remaining Lease Obligations Liabilities Held For Sale
DisposalGroupIncludingDiscontinuedOperationRemainingLeaseObligationsLiabilitiesHeldForSale
|
2253000 | |
CY2015Q3 | ceco |
Disposal Group Including Discontinued Operation Remaining Lease Obligations Liabilities Held For Sale
DisposalGroupIncludingDiscontinuedOperationRemainingLeaseObligationsLiabilitiesHeldForSale
|
1625000 | |
CY2015Q3 | ceco |
Disposal Group Including Discontinued Operation Remaining Lease Obligations
DisposalGroupIncludingDiscontinuedOperationRemainingLeaseObligations
|
26242000 | |
CY2014Q2 | ceco |
Disposal Group Including Discontinued Operation Remaining Lease Obligations
DisposalGroupIncludingDiscontinuedOperationRemainingLeaseObligations
|
52597000 | |
CY2014Q3 | ceco |
Disposal Group Including Discontinued Operation Remaining Lease Obligations Incurred And Reversal
DisposalGroupIncludingDiscontinuedOperationRemainingLeaseObligationsIncurredAndReversal
|
121000 | |
CY2014Q3 | ceco |
Disposal Group Including Discontinued Operation Remaining Lease Obligations Net Cash Payments
DisposalGroupIncludingDiscontinuedOperationRemainingLeaseObligationsNetCashPayments
|
7091000 | |
CY2014Q3 | ceco |
Disposal Group Including Discontinued Operation Remaining Lease Obligations Other
DisposalGroupIncludingDiscontinuedOperationRemainingLeaseObligationsOther
|
336000 | |
CY2014Q3 | ceco |
Disposal Group Including Discontinued Operation Remaining Lease Obligations
DisposalGroupIncludingDiscontinuedOperationRemainingLeaseObligations
|
45963000 | |
CY2014Q4 | ceco |
Disposal Group Including Discontinued Operation Remaining Lease Obligations
DisposalGroupIncludingDiscontinuedOperationRemainingLeaseObligations
|
39869000 | |
ceco |
Disposal Group Including Discontinued Operation Remaining Lease Obligations Incurred And Reversal
DisposalGroupIncludingDiscontinuedOperationRemainingLeaseObligationsIncurredAndReversal
|
-641000 | ||
ceco |
Disposal Group Including Discontinued Operation Remaining Lease Obligations Net Cash Payments
DisposalGroupIncludingDiscontinuedOperationRemainingLeaseObligationsNetCashPayments
|
13612000 | ||
ceco |
Disposal Group Including Discontinued Operation Remaining Lease Obligations Other
DisposalGroupIncludingDiscontinuedOperationRemainingLeaseObligationsOther
|
626000 | ||
CY2013Q4 | ceco |
Disposal Group Including Discontinued Operation Remaining Lease Obligations
DisposalGroupIncludingDiscontinuedOperationRemainingLeaseObligations
|
46755000 | |
ceco |
Disposal Group Including Discontinued Operation Remaining Lease Obligations Incurred And Reversal
DisposalGroupIncludingDiscontinuedOperationRemainingLeaseObligationsIncurredAndReversal
|
13540000 | ||
ceco |
Disposal Group Including Discontinued Operation Remaining Lease Obligations Net Cash Payments
DisposalGroupIncludingDiscontinuedOperationRemainingLeaseObligationsNetCashPayments
|
19881000 | ||
ceco |
Disposal Group Including Discontinued Operation Remaining Lease Obligations Other
DisposalGroupIncludingDiscontinuedOperationRemainingLeaseObligationsOther
|
5549000 | ||
CY2015Q3 | ceco |
Disposal Group Including Discontinued Operation Receivables Held For Sale
DisposalGroupIncludingDiscontinuedOperationReceivablesHeldForSale
|
6719000 | |
CY2014Q4 | ceco |
Disposal Group Including Discontinued Operation Receivables Held For Sale
DisposalGroupIncludingDiscontinuedOperationReceivablesHeldForSale
|
8303000 | |
CY2015Q3 | ceco |
Disposal Group Including Discontinued Operation Property And Equipment Held For Sale
DisposalGroupIncludingDiscontinuedOperationPropertyAndEquipmentHeldForSale
|
40646000 | |
CY2014Q4 | ceco |
Disposal Group Including Discontinued Operation Property And Equipment Held For Sale
DisposalGroupIncludingDiscontinuedOperationPropertyAndEquipmentHeldForSale
|
42521000 | |
CY2015Q3 | ceco |
Disposal Group Including Discontinued Operation Other Intangible Assets Held For Sale
DisposalGroupIncludingDiscontinuedOperationOtherIntangibleAssetsHeldForSale
|
18400000 | |
CY2014Q4 | ceco |
Disposal Group Including Discontinued Operation Other Intangible Assets Held For Sale
DisposalGroupIncludingDiscontinuedOperationOtherIntangibleAssetsHeldForSale
|
18400000 | |
CY2015Q3 | ceco |
Disposal Group Including Discontinued Operation Other Assets Held For Sale
DisposalGroupIncludingDiscontinuedOperationOtherAssetsHeldForSale
|
6600000 | |
CY2014Q4 | ceco |
Disposal Group Including Discontinued Operation Other Assets Held For Sale
DisposalGroupIncludingDiscontinuedOperationOtherAssetsHeldForSale
|
7622000 | |
CY2015Q3 | ceco |
Disposal Group Including Discontinued Operation Valuation Allowance Assets Held For Sale
DisposalGroupIncludingDiscontinuedOperationValuationAllowanceAssetsHeldForSale
|
43126000 | |
CY2015Q3 | ceco |
Assets Held For Sale Discontinued Operations Current
AssetsHeldForSaleDiscontinuedOperationsCurrent
|
29239000 | |
CY2014Q4 | ceco |
Assets Held For Sale Discontinued Operations Current
AssetsHeldForSaleDiscontinuedOperationsCurrent
|
76846000 | |
CY2015Q3 | ceco |
Disposal Group Including Discontinued Operation Accounts Payable And Accrued Liabilities Held For Sale
DisposalGroupIncludingDiscontinuedOperationAccountsPayableAndAccruedLiabilitiesHeldForSale
|
9712000 | |
CY2014Q4 | ceco |
Disposal Group Including Discontinued Operation Accounts Payable And Accrued Liabilities Held For Sale
DisposalGroupIncludingDiscontinuedOperationAccountsPayableAndAccruedLiabilitiesHeldForSale
|
12410000 | |
CY2015Q3 | ceco |
Disposal Group Including Discontinued Operation Deferred Revenue Liabilities Held For Sale
DisposalGroupIncludingDiscontinuedOperationDeferredRevenueLiabilitiesHeldForSale
|
17857000 | |
CY2014Q4 | ceco |
Disposal Group Including Discontinued Operation Deferred Revenue Liabilities Held For Sale
DisposalGroupIncludingDiscontinuedOperationDeferredRevenueLiabilitiesHeldForSale
|
17001000 | |
CY2015Q3 | ceco |
Disposal Group Including Discontinued Operation Other Liabilities Held For Sale
DisposalGroupIncludingDiscontinuedOperationOtherLiabilitiesHeldForSale
|
15993000 | |
CY2014Q4 | ceco |
Disposal Group Including Discontinued Operation Other Liabilities Held For Sale
DisposalGroupIncludingDiscontinuedOperationOtherLiabilitiesHeldForSale
|
18693000 | |
CY2015Q3 | ceco |
Liabilities Held For Sale Discontinued Operations Current
LiabilitiesHeldForSaleDiscontinuedOperationsCurrent
|
45187000 | |
CY2014Q4 | ceco |
Liabilities Held For Sale Discontinued Operations Current
LiabilitiesHeldForSaleDiscontinuedOperationsCurrent
|
50357000 | |
CY2015Q3 | us-gaap |
Available For Sale Securities Amortized Cost
AvailableForSaleSecuritiesAmortizedCost
|
124756000 | |
CY2015Q3 | us-gaap |
Available For Sale Securities Accumulated Gross Unrealized Gain Before Tax
AvailableForSaleSecuritiesAccumulatedGrossUnrealizedGainBeforeTax
|
32000 | |
CY2015Q3 | us-gaap |
Available For Sale Securities Accumulated Gross Unrealized Loss Before Tax
AvailableForSaleSecuritiesAccumulatedGrossUnrealizedLossBeforeTax
|
624000 | |
CY2015Q3 | us-gaap |
Available For Sale Securities
AvailableForSaleSecurities
|
124164000 | |
CY2014Q4 | us-gaap |
Available For Sale Securities Amortized Cost
AvailableForSaleSecuritiesAmortizedCost
|
131058000 | |
CY2014Q4 | us-gaap |
Available For Sale Securities Accumulated Gross Unrealized Gain Before Tax
AvailableForSaleSecuritiesAccumulatedGrossUnrealizedGainBeforeTax
|
8000 | |
CY2014Q4 | us-gaap |
Available For Sale Securities Accumulated Gross Unrealized Loss Before Tax
AvailableForSaleSecuritiesAccumulatedGrossUnrealizedLossBeforeTax
|
834000 | |
CY2014Q4 | us-gaap |
Available For Sale Securities
AvailableForSaleSecurities
|
130232000 | |
CY2014Q4 | us-gaap |
Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Value
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue
|
7374000 | |
us-gaap |
Fair Value Assets Measured On Recurring Basis Change In Unrealized Gain Loss
FairValueAssetsMeasuredOnRecurringBasisChangeInUnrealizedGainLoss
|
0 | ||
CY2015Q3 | us-gaap |
Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Value
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue
|
7374000 | |
CY2014Q4 | ceco |
Line Of Credit Facility Cash Collateral Percentage
LineOfCreditFacilityCashCollateralPercentage
|
1.00 | |
CY2015Q3 | us-gaap |
Line Of Credit
LineOfCredit
|
0 | |
CY2015Q3 | ceco |
Amount Of Net Student Receivables Related To Extended Payment Plans And Recourse Loans
AmountOfNetStudentReceivablesRelatedToExtendedPaymentPlansAndRecourseLoans
|
2900000 | |
CY2014Q4 | ceco |
Amount Of Net Student Receivables Related To Extended Payment Plans And Recourse Loans
AmountOfNetStudentReceivablesRelatedToExtendedPaymentPlansAndRecourseLoans
|
2900000 | |
CY2015Q2 | us-gaap |
Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
|
14359000 | |
CY2014Q2 | us-gaap |
Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
|
16582000 | |
CY2014Q4 | us-gaap |
Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
|
14517000 | |
CY2015Q3 | us-gaap |
Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
|
5527000 | |
CY2014Q3 | us-gaap |
Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
|
5852000 | |
us-gaap |
Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
|
13945000 | ||
us-gaap |
Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
|
16572000 | ||
CY2015Q3 | us-gaap |
Allowance For Doubtful Accounts Receivable Write Offs
AllowanceForDoubtfulAccountsReceivableWriteOffs
|
4975000 | |
CY2014Q3 | us-gaap |
Allowance For Doubtful Accounts Receivable Write Offs
AllowanceForDoubtfulAccountsReceivableWriteOffs
|
6449000 | |
us-gaap |
Allowance For Doubtful Accounts Receivable Write Offs
AllowanceForDoubtfulAccountsReceivableWriteOffs
|
13551000 | ||
us-gaap |
Allowance For Doubtful Accounts Receivable Write Offs
AllowanceForDoubtfulAccountsReceivableWriteOffs
|
18157000 | ||
CY2015Q3 | us-gaap |
Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
|
14911000 | |
CY2014Q3 | us-gaap |
Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
|
15985000 | |
CY2015Q3 | us-gaap |
Proceeds From Recoveries Of Loan Previously Charged Off
ProceedsFromRecoveriesOfLoanPreviouslyChargedOff
|
1000000 | |
CY2014Q3 | us-gaap |
Proceeds From Recoveries Of Loan Previously Charged Off
ProceedsFromRecoveriesOfLoanPreviouslyChargedOff
|
1400000 | |
us-gaap |
Proceeds From Recoveries Of Loan Previously Charged Off
ProceedsFromRecoveriesOfLoanPreviouslyChargedOff
|
3300000 | ||
us-gaap |
Proceeds From Recoveries Of Loan Previously Charged Off
ProceedsFromRecoveriesOfLoanPreviouslyChargedOff
|
4500000 | ||
CY2015Q2 | us-gaap |
Restructuring Reserve
RestructuringReserve
|
12552000 | |
CY2014Q2 | us-gaap |
Restructuring Reserve
RestructuringReserve
|
2366000 | |
CY2014Q4 | us-gaap |
Restructuring Reserve
RestructuringReserve
|
2701000 | |
CY2013Q4 | us-gaap |
Restructuring Reserve
RestructuringReserve
|
3243000 | |
CY2015Q3 | us-gaap |
Restructuring Charges
RestructuringCharges
|
52000 | |
CY2014Q3 | us-gaap |
Restructuring Charges
RestructuringCharges
|
3195000 | |
us-gaap |
Restructuring Charges
RestructuringCharges
|
13432000 | ||
us-gaap |
Restructuring Charges
RestructuringCharges
|
3195000 | ||
CY2015Q3 | us-gaap |
Payments For Restructuring
PaymentsForRestructuring
|
2214000 | |
CY2014Q3 | us-gaap |
Payments For Restructuring
PaymentsForRestructuring
|
338000 | |
us-gaap |
Payments For Restructuring
PaymentsForRestructuring
|
5223000 | ||
us-gaap |
Payments For Restructuring
PaymentsForRestructuring
|
1032000 | ||
CY2015Q3 | us-gaap |
Restructuring Reserve Accrual Adjustment
RestructuringReserveAccrualAdjustment
|
-761000 | |
CY2014Q3 | us-gaap |
Restructuring Reserve Accrual Adjustment
RestructuringReserveAccrualAdjustment
|
-52000 | |
us-gaap |
Restructuring Reserve Accrual Adjustment
RestructuringReserveAccrualAdjustment
|
-1281000 | ||
us-gaap |
Restructuring Reserve Accrual Adjustment
RestructuringReserveAccrualAdjustment
|
-235000 | ||
CY2015Q3 | us-gaap |
Restructuring Reserve
RestructuringReserve
|
9629000 | |
CY2014Q3 | us-gaap |
Restructuring Reserve
RestructuringReserve
|
5171000 | |
CY2015Q3 | ceco |
Severance Accrual Short Term Portion Restructuring
SeveranceAccrualShortTermPortionRestructuring
|
6600000 | |
CY2014Q3 | ceco |
Severance Accrual Short Term Portion Restructuring
SeveranceAccrualShortTermPortionRestructuring
|
4000000 | |
CY2015Q3 | ceco |
Severance Accrual Long Term Portion
SeveranceAccrualLongTermPortion
|
3000000 | |
CY2014Q3 | ceco |
Severance Accrual Long Term Portion
SeveranceAccrualLongTermPortion
|
1200000 | |
CY2015Q3 | ceco |
Retention Bonuses Accrued In Association With Restructuring
RetentionBonusesAccruedInAssociationWithRestructuring
|
1300000 | |
CY2015Q3 | ceco |
Retention Bonuses Amount Recorded During Period
RetentionBonusesAmountRecordedDuringPeriod
|
700000 | |
ceco |
Lease Expiration Teach Out Campuses
LeaseExpirationTeachOutCampuses
|
2023 | ||
CY2015Q3 | ceco |
Remaining Lease Obligations Restructuring Incurred
RemainingLeaseObligationsRestructuringIncurred
|
10900000 | |
ceco |
Remaining Lease Obligations Restructuring Incurred
RemainingLeaseObligationsRestructuringIncurred
|
13100000 | ||
CY2015Q3 | us-gaap |
Loss Contingency Accrual At Carrying Value
LossContingencyAccrualAtCarryingValue
|
2600000 | |
CY2014Q4 | us-gaap |
Loss Contingency Accrual At Carrying Value
LossContingencyAccrualAtCarryingValue
|
2300000 | |
CY2012Q1 | ceco |
Number Of Oig Findings
NumberOfOigFindings
|
3 | |
CY2012Q1 | ceco |
Campus Number With Documentation Finding By Office Of Inspector General
CampusNumberWithDocumentationFindingByOfficeOfInspectorGeneral
|
1 | |
CY2012Q1 | ceco |
Campus Number With Calculation Finding By Office Of Inspector General
CampusNumberWithCalculationFindingByOfficeOfInspectorGeneral
|
1 | |
CY2015Q3 | us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
0.003 | |
CY2014Q3 | us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
0.035 | |
us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
-0.020 | ||
us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
0.049 | ||
CY2014Q4 | us-gaap |
Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
|
150400000 | |
ceco |
Percent Increase Decrease Related To Valuation Allowance Effective Tax Rate
PercentIncreaseDecreaseRelatedToValuationAllowanceEffectiveTaxRate
|
0.399 | ||
CY2015Q3 | us-gaap |
Significant Change In Unrecognized Tax Benefits Is Reasonably Possible Amount Of Unrecorded Benefit
SignificantChangeInUnrecognizedTaxBenefitsIsReasonablyPossibleAmountOfUnrecordedBenefit
|
1800000 | |
CY2015Q3 | us-gaap |
Unrecognized Tax Benefits Income Tax Penalties And Interest Accrued
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestAccrued
|
2600000 | |
CY2015Q3 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber
|
670000 | |
CY2015Q3 | ceco |
Share Based Compensation Arrangement By Share Based Payment Award Deferred Stock Units Nonvested Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardDeferredStockUnitsNonvestedNumber
|
105000 | |
CY2015Q3 | us-gaap |
Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized
|
4000000 | |
us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Expiration Period
SharebasedCompensationArrangementBySharebasedPaymentAwardExpirationPeriod
|
P4Y | ||
CY2014Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
|
3782000 | |
us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriod
|
792000 | ||
us-gaap |
Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
|
232000 | ||
us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriod
|
999000 | ||
us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Expirations In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExpirationsInPeriod
|
339000 | ||
CY2015Q3 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
|
3004000 | |
CY2015Q3 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber
|
1941000 | |
CY2014Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
|
12.88 | |
us-gaap |
Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
|
4.88 | ||
us-gaap |
Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
|
2.72 | ||
us-gaap |
Share Based Compensation Arrangements By Share Based Payment Award Options Forfeitures In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsForfeituresInPeriodWeightedAverageExercisePrice
|
4.32 | ||
us-gaap |
Share Based Compensation Arrangements By Share Based Payment Award Options Expirations In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExpirationsInPeriodWeightedAverageExercisePrice
|
19.32 | ||
CY2015Q3 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
|
13.68 | |
CY2015Q3 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice
|
18.48 | |
ceco |
Restricted Stock Units To Be Settled In Cash Exercisable In Percentage
RestrictedStockUnitsToBeSettledInCashExercisableInPercentage
|
0.25 | ||
CY2014Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber
|
599000 | |
us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod
|
629000 | ||
us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Vested In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriod
|
222000 | ||
us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Forfeited In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeitedInPeriod
|
336000 | ||
CY2014Q4 | ceco |
Share Based Compensation Arrangement By Share Based Payment Award Deferred Stock Units Unreleased Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardDeferredStockUnitsUnreleasedNumber
|
117000 | |
ceco |
Share Based Compensation Arrangement By Share Based Payment Award Deferred Stock Units Grants In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardDeferredStockUnitsGrantsInPeriod
|
3000 | ||
ceco |
Share Based Compensation Arrangement By Share Based Payment Award Deferred Stock Unit Vested In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardDeferredStockUnitVestedInPeriod
|
15000 | ||
CY2015Q3 | ceco |
Share Based Compensation Arrangement By Share Based Payment Award Deferred Stock Units Unreleased Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardDeferredStockUnitsUnreleasedNumber
|
105000 | |
CY2014Q4 | ceco |
Share Based Compensation Arrangement By Share Based Payment Award Deferred Stock Units Unreleased Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardDeferredStockUnitsUnreleasedWeightedAverageGrantDateFairValue
|
4.39 | |
ceco |
Share Based Compensation Arrangement By Share Based Payment Award Deferred Stock Units Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardDeferredStockUnitsGrantsInPeriodWeightedAverageGrantDateFairValue
|
5.73 | ||
ceco |
Share Based Compensation Arrangement By Share Based Payment Award Deferred Stock Units Vested Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardDeferredStockUnitsVestedWeightedAverageGrantDateFairValue
|
4.39 | ||
CY2015Q3 | ceco |
Share Based Compensation Arrangement By Share Based Payment Award Deferred Stock Units Unreleased Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardDeferredStockUnitsUnreleasedWeightedAverageGrantDateFairValue
|
4.43 | |
ceco |
Share Based Compensation Arrangement By Share Based Payment Award Deferred Stock Unit Vested But Unreleased In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardDeferredStockUnitVestedButUnreleasedInPeriod
|
300 | ||
us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Award Requisite Service Period1
ShareBasedCompensationArrangementByShareBasedPaymentAwardAwardRequisiteServicePeriod1
|
P4Y | ||
CY2014Q4 | ceco |
Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Non Vested Number Settled In Cash
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonVestedNumberSettledInCash
|
1842000 | |
ceco |
Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period Settled In Cash
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriodSettledInCash
|
1020000 | ||
ceco |
Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Vested Settled In Cash
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedSettledInCash
|
444000 | ||
ceco |
Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Forfeited Settled In Cash
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeitedSettledInCash
|
551000 | ||
CY2015Q3 | ceco |
Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Non Vested Number Settled In Cash
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonVestedNumberSettledInCash
|
1867000 | |
ceco |
Expense For Restricted Stock Units Settled In Cash
ExpenseForRestrictedStockUnitsSettledInCash
|
1000000 | ||
CY2015Q3 | ceco |
Expense For Restricted Stock Units Settled In Cash
ExpenseForRestrictedStockUnitsSettledInCash
|
500000 | |
CY2015Q3 | ceco |
Allocated Share Based Compensation Expense Benefit
AllocatedShareBasedCompensationExpenseBenefit
|
1439000 | |
CY2014Q3 | ceco |
Allocated Share Based Compensation Expense Benefit
AllocatedShareBasedCompensationExpenseBenefit
|
1754000 | |
ceco |
Allocated Share Based Compensation Expense Benefit
AllocatedShareBasedCompensationExpenseBenefit
|
3904000 | ||
ceco |
Allocated Share Based Compensation Expense Benefit
AllocatedShareBasedCompensationExpenseBenefit
|
6493000 | ||
us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Award Vesting Period1
ShareBasedCompensationArrangementByShareBasedPaymentAwardAwardVestingPeriod1
|
P3Y | ||
ceco |
Performance Unit Awards Expense
PerformanceUnitAwardsExpense
|
700000 | ||
CY2015Q3 | ceco |
Performance Unit Awards Expense
PerformanceUnitAwardsExpense
|
1000000 | |
ceco |
Performance Unit Awards Expense
PerformanceUnitAwardsExpense
|
300000 | ||
CY2015Q3 | us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
0 | |
us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
0 | ||
CY2014Q3 | us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
0 | |
us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
0 | ||
ceco |
Percentage Of Revenue
PercentageOfRevenue
|
1.000 | ||
ceco |
Percentage Of Revenue
PercentageOfRevenue
|
1.000 |