PRDO: the cashflow

MyFinsight

For the year ending 2025-12-31, PRDO had $527K increase in cash & cash equivalents over the period.

Unit: Thousand (K) dollars (except for numbers of shares and EPS)

Cash Flow	2025-12-31
Net income	159,914
Asset impairment	6
Depreciation and amortization expense	41,627
Bad debt expense	29,492
Compensation expense related to share-based awards	11,730
Deferred income taxes	-3,830
Student receivables, gross	4,898
Allowance for credit losses	27,601
Receivables, other	2,072
Inventories, prepaid expenses, and other current assets	-2,510
Other non-current assets	383
Accounts payable	1,466
Accrued expenses and other non-current liabilities	9,937
Deferred revenue	1,104
Right of use asset and lease liability - operating leases	-1,422
Net cash provided by operating activities	225,240
Purchases of available-for-sale investments	392,760
Sales of available-for-sale investments	345,803
Purchases of property and equipment	8,576
Business acquisitions, net of cash acquired	-854
Sale of equity method investment	1,038
Net cash used in investing activities	-53,641
Purchase of treasury stock	120,793
Issuance of common stock	1,643
Payments of employee tax associated with stock compensation	7,544
Payments of cash dividends and dividend equivalents	36,855
Release of cash held in escrow	300
Earnout payments for business acquisition	1,757
Principal payments for finance leases	4,977
Principal payments for failed sale leaseback	489
Net cash used in financing activities	-171,072
Net increase in cash, cash equivalents and restricted cash	527
Cash, cash equivalents and restricted cash, beginning of the year	131,753
Cash, cash equivalents and restricted cash, end of the year	132,280

Unit: Thousand (K) dollars