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STRATEGIC EDUC   FYE=12 (December)

Annual - Income Statement - Company Specific

Fiscal period2025202420232022202120202019201820172016
Period End Date12/31/202512/31/202412/31/202312/31/202212/31/202112/31/202012/31/201912/31/201812/31/201712/31/2016
Revenues1,268.221,219.931,132.921,065.481,131.691,027.65997.14634.19454.85441.09
Total Revenues1,268.221,219.931,132.921,065.481,131.691,027.65997.14634.19454.85441.09
Instruction and educational support647.11650.50623.90597.32608.26532.66530.60340.08245.18241.03
Gross Profit----------------209.67200.06
Amortization of intangible assets0.00--11.4614.3551.5064.2361.6725.69----
Impairment of intangible assets----------0.00--------
General and administration424.97412.16384.44379.82361.35295.23272.4157.0655.4045.73
Marketing and admissions--------------136.9882.5779.03
Selling and promotion--------------------
Restructuring Costs21.911.6516.262.1225.4712.38--------
Merger costs0.00--1.541.1211.2013.7721.9245.75----
Gain (Loss) on sale of asset--------------------
Admissions advisory--------------(31.47)(19.49)(17.83)
Fair value adjustments------------0.00(19.91)----
Total costs and expenses1,093.991,064.301,037.60994.721,057.77918.27886.61656.93402.64383.62
Income (loss) from operations174.23155.6395.3270.7673.91109.38110.53(22.74)52.2157.47
Interest expense----------------0.640.64
Investment and other income------------13.193.601.080.46
Secondary offering expenses--------------------
Other income3.165.805.41(1.19)2.694.57--------
Income (loss) before income taxes177.39161.43100.7369.5776.60113.96123.72(19.14)52.6557.29
Current: Federal22.84--20.0713.8320.7531.4037.889.0721.1626.02
Current: State8.39--6.235.655.749.7911.583.794.484.87
Provision for income taxes50.7848.7530.9422.9021.5127.6942.59(3.47)32.0322.49
Deferred: Federal7.53--(2.44)(1.98)(10.13)(8.54)(7.01)(13.38)(3.19)(7.75)
Deferred: State0.35--(0.10)(1.67)(0.61)(0.54)0.13(2.94)(1.78)(0.65)
Consolidated Net Income (Loss)126.61112.6869.7946.6755.0986.27--------
Preferred stock dividends and accretion--------------------
Net Income (loss) Available to Common Shareholders126.61112.6869.7946.6755.0986.2781.14(15.67)20.6134.80
Net Earnings Per Share (Basic)5.574.812.981.972.303.813.73(1.03)1.933.28
Net Earnings Per Share (Diluted)5.414.672.911.942.283.773.67(1.03)1.843.21
Weighted Average Shares Outstanding (Basic)22.7523.4123.4023.6823.9622.6321.7315.1910.6810.61
Weighted Average Shares Outstanding (Diluted)23.4024.1423.9624.0024.1222.8622.1015.1911.2010.85