Strategic Education Inc
For the period ended Dec 31, 2024. Filed Feb 27, 2025.
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A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.
FY2024 · Filed Feb 27, 2025
STRA$54.59+3.1%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Balance Sheets as of December 31, 202 and
CONSOLIDATED BALANCE SHEETS
(in thousands, except share and per share data)
| December 31, 2023 | December 31, 2024 | |
|---|---|---|
| ASSETS | ||
| Current assets: | ||
| Cash and cash equivalents | $168,481 | $137,074 |
| Marketable securities | 39,728 | 46,949 |
| Tuition receivable, net | 76,102 | 76,127 |
| Other current assets | 44,758 | 44,793 |
| Total current assets | 329,069 | 304,943 |
| Property and equipment, net | 118,529 | 111,247 |
| Right-of-use lease assets | 119,202 | 103,673 |
| Marketable securities, non-current | 483 | 14,981 |
| Intangible assets, net | 251,623 | 245,098 |
| Goodwill | 1,251,888 | 1,206,883 |
| Other assets | 54,419 | 62,910 |
| Total assets | $2,125,213 | $2,049,735 |
| LIABILITIES & STOCKHOLDERS’ EQUITY | ||
| Current liabilities: | ||
| Accounts payable and accrued expenses | $90,888 | $101,749 |
| Income taxes payable | 2,200 | 2,926 |
| Contract liabilities | 92,341 | 89,563 |
| Lease liabilities | 24,190 | 22,222 |
| Total current liabilities | 209,619 | 216,460 |
| Long-term debt | 61,400 | — |
| Deferred income tax liabilities | 28,338 | 27,586 |
| Lease liabilities, non-current | 127,735 | 103,004 |
| Other long-term liabilities | 45,603 | 40,186 |
| Total liabilities | 472,695 | 387,236 |
| Commitments and contingencies | ||
| Stockholders’ equity: | ||
| Common stock, par value $0.01; 32,000,000 shares authorized; 24,406,816 and 24,502,385 shares issued and outstanding at December 31, 2023 and 2024, respectively | 244 | 245 |
| Additional paid-in capital | 1,517,650 | 1,532,414 |
| Accumulated other comprehensive loss | (34,247) | (88,565) |
| Retained earnings | 168,871 | 218,405 |
| Total stockholders’ equity | 1,652,518 | 1,662,499 |
| Total liabilities and stockholders’ equity | $2,125,213 | $2,049,735 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.