Adtalem Global Education Inc

For the period ended Mar 31, 2024. Filed May 2, 2024.

About 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.

Mar 31, 2024 · Filed May 2, 2024

CVSA$110.32-2.3%Stored close · as of Nov 6, 2026

Extracted filing text, with the paragraph anchors used by the comparison.

See the whole filing, with its images and exhibits

Contents

Consolidated Balance Sheets

(in thousands, except par value)


· · March 31, · · June 30,
· · 2024 · · 2023
Assets:
Current assets:
Cash and cash equivalents	$179,762	$273,689
Restricted cash	7,562	1,386
Accounts and financing receivables, net	140,909	102,749
Prepaid expenses and other current assets	59,401	100,715
Total current assets	387,634	478,539
Noncurrent assets:
Property and equipment, net	272,792	258,522
Operating lease assets	169,498	174,677
Deferred income taxes	64,213	56,694
Intangible assets, net	784,042	812,338
Goodwill	961,262	961,262
Other assets, net	67,768	68,509
Assets held for sale	7,825	—
Total noncurrent assets	2,327,400	2,332,002
Total assets	$2,715,034	$2,810,541

Liabilities and shareholders' equity:
Current liabilities:
Accounts payable	$92,198	$81,812
Accrued payroll and benefits	67,647	52,041
Accrued liabilities	114,224	105,806
Deferred revenue	202,566	153,871
Current operating lease liabilities	32,475	37,673
Total current liabilities	509,110	431,203
Noncurrent liabilities:
Long-term debt	648,106	695,077
Long-term operating lease liabilities	159,717	163,441
Deferred income taxes	28,937	26,068
Other liabilities	48,201	37,416
Total noncurrent liabilities	884,961	922,002
Total liabilities	1,394,071	1,353,205
Commitments and contingencies
Shareholders' equity:
Common stock, $0.01 par value per share, 200,000 shares authorized; 37,765 and 42,310 shares outstanding as of March 31, 2024 and June 30, 2023, respectively	831	822
Additional paid-in capital	603,671	568,761
Retained earnings	2,491,090	2,403,750
Accumulated other comprehensive loss	(2,227)	(2,227)
Treasury stock, at cost, 45,335 and 39,922 shares as of March 31, 2024 and June 30, 2023, respectively	(1,772,402)	(1,513,770)
Total shareholders' equity	1,320,963	1,457,336
Total liabilities and shareholders' equity	$2,715,034	$2,810,541

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.