Adtalem Global Education Inc
For the period ended Jun 30, 2024. Filed Aug 6, 2024.
View on SEC.govAbout this filing
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 Aug 6, 2024
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Other Income, Net
- Other Income, Net
Other income, net consisted of the following (in thousands):
| · · · · · · · · · | ||||||
|---|---|---|---|---|---|---|
| · · Year Ended June 30, | ||||||
| | | 2024 | | 2023 | | 2022 |
| Interest and dividend income | | $9,177 | | $10,654 | | $4,379 |
| Investment gain (loss) | | 1,365 | | (3,689) | | (3,271) |
| Other income, net | | $10,542 | | $6,965 | | $1,108 |
Investment gain (loss) includes trading gains and losses related to the rabbi trust used to fund nonqualified deferred compensation plan obligations (see Note 19 “Employee Benefit Plans” for additional information). In addition, investment gain (loss) includes an impairment of $5.0 million in fiscal year 2023 on an equity investment with no readily determinable fair value (see Note 20 “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.