Adtalem Global Education Inc.
For the period ended Jun 30, 2025. Filed Aug 7, 2025.
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FY2025 · Filed Aug 7, 2025
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Other Income, Net
- Other Income, Net
Other income, net consisted of the following (in thousands):
| · · · · · · · · · | ||||||
|---|---|---|---|---|---|---|
| · · Year Ended June 30, | ||||||
| | | 2025 | | 2024 | | 2023 |
| Interest and dividend income | | $8,216 | | $9,177 | | $10,654 |
| Investment gain (loss) | | 1,074 | | 1,365 | | (3,689) |
| Other income, net | | $9,290 | | $10,542 | | $6,965 |
Investment (loss) gain includes trading gains and losses related to the rabbi trust used to fund nonqualified deferred compensation plan obligations (see Note 16 “Employee Benefit Plans” for additional information). In addition, investment (loss) gain includes an impairment of $5.0 million in fiscal year 2023 on an equity investment with no readily determinable fair value (see Note 17 “Fair Value Measurements” for additional information).
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