← 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
Cash flows from operating activities:
Adjustments to reconcile net income to net cash provided by operating activities:
Net Income (Loss) Attributable to Parent ($18.7m) ($31.9m) $55.2m $70.0m $124.3m $109.6m $95.9m $147.7m $147.6m $159.9m
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest — — $55.2m $70.0m $124.3m $109.6m $95.9m $147.7m — —
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) — — — —
Depreciation, Depletion and Amortization $22.7m $14.0m $9.4m $9.1m $14.8m $16.8m $19.7m $16.9m $14.6m $41.6m
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
Deferred Income Tax Expense (Benefit) ($17.3m) $65.3m $18.0m $21.7m $20.4m $15.3m ($677k) $3.8m $2.6m $3.6m
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
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
Impairment of Intangible Assets, Finite-lived — — — — — — $1.1m $10.8m $10.8m $10.8m
Gain (Loss) on Disposition of Property Plant Equipment, Excluding Oil and Gas Property and Timber Property — — — — — — — $22.1m — —
Gain (Loss) on Disposition of Assets — — — ($14k) — — — — — —
Gain (Loss) on Disposition of Property Plant Equipment $438k — — — — — — — — —
Income (Loss) from Equity Method Investments — — — — — — ($1.8m) — ($1.2m) —
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
Other Nonoperating Income (Expense) $300k $665k $196k $335k $211k $58k ($1.8m) $22.1m ($1.2m) $991k
Changes in operating assets and liabilities:
Additional Financial Items
Increase (Decrease) in Accounts Receivable ($6.9m) ($5.1m) $10.5m $33.7m ($7.1m) ($6.6m) ($6.4m) ($15.9m) $4k $4.9m
Increase (Decrease) in Accounts Payable ($16.3m) ($1.6m) $698k $2.3m $374k ($2.7m) $1.9m ($4.9m) ($727k) $1.5m
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
Investment Income, Interest $1.3m $1.9m $3.5m $6.4m $3.9m $930k $6.9m $20.0m $29.0m $26.3m
Nonoperating Income (Expense) $978k $2.1m $3.1m $6.6m $3.9m $68k $4.6m $41.7m $27.2m $20.8m
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
Net Cash Provided by (Used in) Operating Activities $5.9m ($21.8m) $57.0m $73.1m $180.0m $191.1m $148.2m $112.0m $161.6m $225.2m
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
Payments to Acquire Businesses, Net of Cash Acquired — — — — $39.8m $57.1m $84.3m — $137.8m ($854k)
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)
Cash flows from financing activities:
Proceeds from Issuance of Common Stock $773k $2.7m $1.7m $1.8m $5.7m $861k $1.2m $2.5m $2.2m $1.6m
Payments for Repurchase of Common Stock — — — $3.9m $17.9m $25.3m $23.1m $8.3m $6.8m $120.8m
Dividends paid — — — — — — — $14.4m — —
Net Cash Provided by (Used in) Financing Activities $11.2m $1.5m ($1.7m) ($4.8m) ($13.1m) ($29.9m) ($27.7m) ($23.4m) ($41.1m) ($171.1m)
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
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
Cash, Cash Equivalents, and Short-term Investments $207.2m $180.1m $229.2m — — — — — — —
Restricted Cash and Investments, Current $10.0m — — — — — — — — —
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

Data sourced from SEC EDGAR 10-K filings via EdgarTools. Amounts are shown in USD as reported in each fiscal year filing.