Adtalem Global Education Inc

For the period ended Sep 30, 2024. Filed Oct 29, 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.

Sep 30, 2024 · Filed Oct 29, 2024

CVSA$113.98+3.3%Stored close · as of Nov 9, 2026

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Contents

Consolidated Balance Sheets

(in thousands, except par value)


· · September 30, · · June 30,
· · 2024 · · 2024
Assets:
Current assets:
Cash and cash equivalents	$264,798	$219,306
Restricted cash	2,074	1,896
Accounts and financing receivables, net	171,509	126,833
Prepaid expenses and other current assets	78,533	70,050
Total current assets	516,914	418,085
Noncurrent assets:
Property and equipment, net	244,503	248,524
Operating lease assets	171,921	176,755
Deferred income taxes	33,454	49,088
Intangible assets, net	773,889	776,694
Goodwill	961,262	961,262
Other assets, net	107,939	103,184
Assets held for sale	7,825	7,825
Total noncurrent assets	2,300,793	2,323,332
Total assets	$2,817,707	$2,741,417

Liabilities and shareholders' equity:
Current liabilities:
Accounts payable	$91,421	$102,626
Accrued payroll and benefits	49,839	71,373
Accrued liabilities	87,212	96,957
Deferred revenue	290,571	185,272
Current operating lease liabilities	32,266	31,429
Total current liabilities	551,309	487,657
Noncurrent liabilities:
Long-term debt	649,318	648,712
Long-term operating lease liabilities	161,757	167,712
Deferred income taxes	30,348	29,526
Other liabilities	35,023	38,675
Total noncurrent liabilities	876,446	884,625
Total liabilities	1,427,755	1,372,282
Commitments and contingencies
Shareholders' equity:
Common stock, $0.01 par value per share, 200,000 shares authorized; 37,716 and 37,681 shares outstanding as of September 30, 2024 and June 30, 2024, respectively	838	832
Additional paid-in capital	631,033	611,949
Retained earnings	2,586,674	2,540,509
Accumulated other comprehensive loss	(2,227)	(2,227)
Treasury stock, at cost, 46,113 and 45,513 shares as of September 30, 2024 and June 30, 2024, respectively	(1,826,366)	(1,781,928)
Total shareholders' equity	1,389,952	1,369,135
Total liabilities and shareholders' equity	$2,817,707	$2,741,417

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.