Adtalem Global Education Inc
For the period ended Dec 31, 2023. Filed Jan 30, 2024.
View on SEC.govAbout this filing
A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Dec 31, 2023 · Filed Jan 30, 2024
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Other Income (Expense), Net
- Other Income (Expense), Net
Other income (expense), net consisted of the following (in thousands):
| | | | | | | | | | | | | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| · · Three Months Ended · · Six Months Ended | ||||||||||||
| · · December 31, · · December 31, | ||||||||||||
| · · 2023 · · 2022 · · 2023 · · 2022 | ||||||||||||
| Interest and dividend income | | $2,541 | | $2,609 | | $5,202 | | $4,271 | ||||
| Investment gain (loss) | | | 1,022 | | | (4,049) | | | 575 | | | (4,950) |
| Other income (expense), net | | $3,563 | | $(1,440) | | $5,777 | | $(679) | ||||
Investment gain (loss) includes trading gains and losses related to the rabbi trust used to fund nonqualified deferred compensation plan obligations. In addition, investment gain (loss) includes an impairment of $5.0 million in the three and six months ended December 31, 2022 on an equity investment with no readily determinable fair value (see Note 16 “Fair Value Measurements” for additional information).
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.