Component: (Network and Table)
Network
00500 - Statement - Consolidated Statements of Cash Flows
(http://strayereducation.com/role/StatementConsolidatedStatementsOfCashFlows)
Table(Implied)
Slicers (applies to each fact value in each table cell)
Reporting Entity [Axis]0001013934 (http://www.sec.gov/CIK)
Statements of Cash Flows [Abstract]Period [Axis]
2016-01-01 - 2016-12-31
2015-01-01 - 2015-12-31
2014-01-01 - 2014-12-31
Statements of Cash Flows [Abstract]
 
 
 
Cash flows from operating activities:
 
 
 
Net income
34,802,000  
40,023,000  
46,356,000  
Adjustments to reconcile net income to net cash provided by operating activities:
 
 
 
Amortization of gain on sale of assets
(281,000) 
(280,000) 
(280,000) 
Amortization of deferred rent
(1,441,000) 
(345,000) 
(1,092,000) 
Amortization of deferred financing costs
262,000  
1,229,000  
780,000  
Depreciation and amortization
17,817,000  
18,104,000  
20,630,000  
Deferred income taxes
(8,697,000) 
(4,006,000) 
(1,036,000) 
Stock-based compensation
10,767,000  
10,213,000  
9,453,000  
Changes in assets and liabilities:
 
 
 
Tuition receivable, net
(1,453,000) 
(1,991,000) 
685,000  
Other current assets
(3,949,000) 
4,005,000  
(2,862,000) 
Other assets
(1,865,000) 
22,000  
219,000  
Accounts payable and accrued expenses
(262,000) 
(752,000) 
6,550,000  
Income taxes payable and income taxes receivable
(408,000) 
1,835,000  
737,000  
Deferred revenue
7,018,000  
12,465,000  
11,783,000  
Other long-term liabilities
(7,800,000) 
(2,974,000) 
(13,946,000) 
Net cash provided by operating activities
44,510,000  
 
77,548,000  
 
77,977,000  
 
Cash flows from investing activities:
 
 
 
Purchases of property and equipment
(13,161,000) 
(12,692,000) 
(6,902,000) 
Cash used in acquisition, net of cash acquired
(7,635,000) 
  
Net cash used in investing activities
(20,796,000) 
 
(12,692,000) 
 
(6,902,000) 
 
Cash flows from financing activities:
 
 
 
Payments on term loan
 
(118,750,000) 
(3,125,000) 
Payments of contingent consideration
(1,358,000) 
(650,000) 
(427,000) 
Payment of deferred financing costs
 
(850,000) 
 
Net cash used in financing activities
(1,358,000) 
 
(120,250,000) 
 
(3,552,000) 
 
Net increase in cash and cash equivalents
22,356,000  
 
(55,394,000) 
 
67,523,000  
 
Cash and cash equivalents - beginning of year
106,889,000  
162,283,000  
94,760,000  
Cash and cash equivalents - end of year
129,245,000  
 
106,889,000  
 
162,283,000  
 
Noncash transactions:
 
 
 
Purchases of property and equipment included in accounts payable
349,000  
365,000  
412,000