{"schema_version":"secwatch.filing_event.v1","accession":"0001558370-21-013722","form_type":"8-K","ticker":"LOPE","cik":"0001434588","company_name":"Grand Canyon Education, Inc.","filed_at":"2021-10-28T23:59:59+00:00","discovered_at":"2026-05-14T18:04:12.574593+00:00","generated_at":"2026-06-28T16:43:20.220710+00:00","sec_items":["1.01","2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"GCU refinancing $500M note; Q3 net income down 8.4%, EPS $1.08","bullets":["GCU to repay $500M of Secured Note; Modification replaces first-priority lien with trust obligation at 6%, due 2025.","Q3 service revenue $206.8M (+4.2% YoY); operating income fell to $45.3M from $51.0M (margin 21.9% vs 25.7%).","Net income $47.7M ($1.08 diluted EPS) vs $52.0M ($1.11); adjusted EPS $1.11 vs $1.14.","Partner enrollments 118,832 (+0.9% YoY); off-campus classroom enrollments up 12.1% to 5,652.","Company to repay and terminate GCE credit agreement; plans to use balance for share repurchases."],"urls":{"canonical":"https://secwatch.observer/filing/0001558370-21-013722","json":"https://secwatch.observer/filing/0001558370-21-013722.json","markdown":"https://secwatch.observer/filing/0001558370-21-013722.md","text":"https://secwatch.observer/filing/0001558370-21-013722.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1434588/000155837021013722/0001558370-21-013722-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1434588/000155837021013722/lope-20211028x8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-28T16:43:20.220710+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}