Strategic Education, Inc. (STRA)
Strategic Education, Inc. (STRA)
| Cash Flow | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 |
|---|---|---|---|---|
| Net income | 32,809 | 37,909 | 26,630 | 62,075 |
| Gain on sale of property and equipment | NaN | 0 | NaN | NaN |
| Gain on early termination of operating leases | NaN | 2,196 | 0 | 0 |
| Amortization of deferred financing costs | 106 | 107 | 106 | 212 |
| Amortization of investment discount/premium | 3 | 19 | 273 | 140 |
| Depreciation and amortization | 10,926 | 13,250 | 11,962 | 23,198 |
| Deferred income taxes | 3,269 | 4,816 | 2,921 | -4 |
| Stock-based compensation | 5,386 | 5,759 | 5,868 | 11,327 |
| Impairment of right-of-use lease assets | 233 | 0 | 3,883 | 802 |
| Tuition receivable, net | 8,025 | -35,854 | 16,542 | 20,398 |
| Other assets | 7,743 | -5,085 | -329 | 13,007 |
| Accounts payable and accrued expenses | 10,757 | -4,945 | 12,810 | -3,643 |
| Income taxes payable and income taxes receivable | 3,985 | -75 | -1,703 | -3,785 |
| Contract liabilities | 37,465 | -54,149 | 15,350 | 44,861 |
| Other liabilities | -1,791 | -2,200 | -1,203 | -2,634 |
| Net cash provided by operating activities | 87,374 | 39,196 | 60,138 | 98,864 |
| Cash paid for acquisition, net of cash acquired | NaN | 0 | 20 | 16 |
| Purchases of property and equipment | 10,066 | 12,243 | 10,858 | 21,151 |
| Purchases of marketable securities | 0 | 2,290 | 0 | 25,804 |
| Proceeds from marketable securities | 0 | 21,503 | 15,000 | 42,575 |
| Proceeds from sale of property and equipment | NaN | 2,200 | NaN | NaN |
| Proceeds from other investments | 29 | 0 | 0 | 0 |
| Other investments | 138 | 125 | 34 | 231 |
| Net cash used in investing activities | -10,175 | 9,045 | 4,088 | -4,627 |
| Common dividends paid | 13,577 | 14,156 | 14,172 | 29,215 |
| Payments on long-term debt | NaN | 0 | 0 | NaN |
| Net payments for stock awards | 12,504 | 0 | 538 | 9,182 |
| Payments of deferred financing costs | NaN | 0 | NaN | NaN |
| Repurchase of common stock | 39,995 | 44,576 | 34,284 | 60,032 |
| Net cash used in financing activities | -66,076 | -58,732 | -48,994 | -98,429 |
| Effect of exchange rate changes on cash, cash equivalents, and restricted cash | 185 | -509 | 296 | 2,519 |
| Net increase in cash, cash equivalents, and restricted cash | 11,308 | -11,000 | 15,528 | -1,673 |
| Cash, cash equivalents, and restricted cash beginning of period | 149,511 | 160,511 | 146,656 | NaN |
| Cash, cash equivalents, and restricted cash end of period | 160,819 | 149,511 | 160,511 | NaN |