← PERDOCEO EDUCATION Corp
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash flows from operating activities: | ||||||||||||
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||||||||||
| Net Income (Loss), Including Portion Attributable to Noncontrolling Interest | ($18.7m) | ($31.9m) | $55.2m | $70.0m | $124.3m | $109.6m | $95.9m | $147.7m | $147.6m | $159.9m | — | |
| Depreciation, Depletion and Amortization | $22.7m | $14.0m | $9.4m | $9.1m | $14.8m | $16.8m | $19.7m | $16.9m | $14.6m | $41.6m | $38.4m | |
| Amortization of Intangible Assets | $800k | $600k | — | — | $2.8m | $4.5m | $7.3m | $7.6m | $5.5m | $17.1m | — | |
| Depreciation | $21.9m | $13.4m | $9.4m | $9.1m | $12.0m | $12.3m | $12.4m | $9.3m | $8.7m | $19.4m | $38.4m | |
| Deferred Income Tax Expense (Benefit) | ($17.3m) | $65.3m | $18.0m | $21.7m | $20.4m | $15.3m | ($677k) | $3.8m | $2.6m | $3.6m | $2.1m | |
| Share-based Payment Arrangement, Noncash Expense | $3.2m | $5.0m | $5.6m | $9.3m | $13.4m | $15.0m | $8.8m | $8.1m | $10.2m | $11.7m | $12.4m | |
| Payment, Tax Withholding, Share-based Payment Arrangement | — | $1.2m | $3.3m | $2.7m | $912k | $5.5m | $1.6m | $2.2m | $3.4m | $7.5m | — | |
| Share-based Payment Arrangement, Expense | $8.8m | $9.1m | $7.8m | $11.6m | $13.1m | $15.0m | $8.7m | $8.1m | $10.2m | $11.7m | $12.4m | |
| Impairment of Intangible Assets, Finite-lived | — | — | — | — | — | — | $1.1m | $10.8m | $10.8m | $10.8m | — | |
| Income (Loss) from Equity Method Investments | — | — | — | — | — | — | ($1.8m) | — | ($1.2m) | — | — | |
| Nonoperating Income (Expense) | $978k | $2.1m | $3.1m | $6.6m | $3.9m | $68k | $4.6m | $41.7m | $27.2m | $20.8m | — | |
| Other Nonoperating Income (Expense) | $300k | $665k | $196k | $335k | $211k | $58k | ($1.8m) | $22.1m | ($1.2m) | $991k | — | |
| Changes in operating assets and liabilities: | ||||||||||||
| Increase (Decrease) in Accounts Receivable | ($6.9m) | ($5.1m) | $10.5m | $33.7m | ($7.1m) | ($6.6m) | ($6.4m) | ($15.9m) | $4k | $4.9m | ($7.0m) | |
| Increase (Decrease) in Accounts Payable | ($16.3m) | ($1.6m) | $698k | $2.3m | $374k | ($2.7m) | $1.9m | ($4.9m) | ($727k) | $1.5m | $1.5m | |
| Net Cash Provided by (Used in) Operating Activities | $5.9m |
($21.8m)
-468.56%
|
$57.0m
+361.54%
|
$73.1m
+28.25%
|
$180.0m
+146.23%
|
$191.1m
+6.20%
|
$148.2m
-22.46%
|
$112.0m
-24.40%
|
$161.6m
+44.25%
|
$225.2m
+39.39%
|
$225.4m
+0.05%
|
|
| Cash flows from investing activities: | ||||||||||||
| Payments to Acquire Property, Plant, and Equipment | $4.1m | $6.3m | $6.7m | $5.2m | $9.8m | $10.5m | $12.6m | $6.4m | $4.6m | $8.6m | ($7.4m) | |
| Gain (Loss) on Disposition of Property Plant Equipment, Excluding Oil and Gas Property and Timber Property | — | — | — | — | — | — | — | $22.1m | — | — | $14k | |
| Gain (Loss) on Disposition of Property Plant Equipment | $438k | — | — | — | — | — | — | — | — | — | $14k | |
| Cash, Cash Equivalents, and Short-term Investments | $207.2m | $180.1m | $229.2m | — | — | — | — | — | — | — | — | |
| Restricted Cash and Investments, Current | $10.0m | — | — | — | — | — | — | — | — | — | — | |
| Payments to Acquire Businesses, Net of Cash Acquired | — | — | — | — | $39.8m | $57.1m | $84.3m | — | $137.8m | ($854k) | $0 | |
| Payments for (Proceeds from) Other Investing Activities | — | — | — | $85k | ($103k) | — | — | — | — | — | — | |
| Net Cash Provided by (Used in) Investing Activities | ($34.4m) | ($11.6m) | ($41.5m) | $7.7m | ($165.9m) | $54.3m | ($326.8m) | ($88.5m) | ($107.8m) | ($53.6m) | ($112.1m) | |
| Cash flows from financing activities: | ||||||||||||
| Payments for Repurchase of Common Stock | — | — | — | $3.9m | $17.9m | $25.3m | $23.1m | $8.3m | $6.8m | $120.8m | — | |
| Proceeds from Issuance of Common Stock | $773k | $2.7m | $1.7m | $1.8m | $5.7m | $861k | $1.2m | $2.5m | $2.2m | $1.6m | $1.1m | |
| Dividends paid | — | — | — | — | — | — | — | $14.4m | — | — | ($38.8m) | |
| Net Cash Provided by (Used in) Financing Activities | $11.2m |
$1.5m
-86.32%
|
($1.7m)
-208.34%
|
($4.8m)
-191.10%
|
($13.1m)
-169.59%
|
($29.9m)
-129.45%
|
($27.7m)
+7.40%
|
($23.4m)
+15.68%
|
($41.1m)
-75.69%
|
($171.1m)
-316.45%
|
($143.2m)
+16.30%
|
|
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect | ($65.9m) | ($32.0m) | $13.8m | $76.0m | $997k | $215.5m | ($206.3m) | $137k | $12.7m | $527k | $163.7m | |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | ($65.9m) | ($32.0m) | $13.8m | $76.0m | $109.7m | $325.2m | $118.9m | $119.0m | $131.8m | $132.3m | $163.7m | |
| Additional Supplementary Disclosures | ||||||||||||
| Additional Supplementary Disclosures | ||||||||||||
| Supplemental disclosure of cash flow information: | ||||||||||||
| Income Taxes Paid, Net | $334k | $120k | $266k | $46k | $611k | $23.2m | $28.9m | $41.8m | $46.8m | $49.3m | — | |
| Additional Financial Items | ||||||||||||
| Gain (Loss) on Disposition of Assets | — | — | — | ($14k) | — | — | — | — | — | — | — | |
| General and Administrative Expense | $477.7m | $405.0m | $390.7m | $430.2m | $417.2m | $418.5m | $426.1m | $398.1m | $367.1m | $410.9m | — | |
| Goodwill | $87.4m | $87.4m | $87.4m | $87.4m | $118.3m | $162.6m | $243.5m | $241.2m | $258.0m | $265.7m | $27.1m | |
| Income (Loss) from Continuing Operations, Net of Tax, Attributable to Parent | ($14.8m) | ($30.9m) | $55.8m | $70.6m | $124.4m | $109.7m | — | — | — | — | — | |
| Income (Loss) from Discontinued Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest | ($3.9m) | ($1.0m) | ($610k) | ($612k) | ($90k) | ($17k) | — | — | — | — | — | |
| Income Tax Expense (Benefit) | ($16.6m) | $67.1m | $18.6m | $22.4m | $22.5m | $39.4m | $38.4m | $44.5m | $53.9m | $56.9m | — | |
| Interest Expense Nonoperating | — | — | — | — | — | — | — | — | $613k | $6.5m | — | |
| Investment Income, Interest | $1.3m | $1.9m | $3.5m | $6.4m | $3.9m | $930k | $6.9m | $20.0m | $29.0m | $26.3m | — | |
| Operating Expenses | — | $562.3m | $510.0m | $541.2m | $544.4m | $544.0m | $565.6m | $559.6m | $507.0m | $650.1m | — | |
| Realized Investment Gains (Losses) | — | — | — | — | — | — | — | $0 | $0 | $0 | — |