Adtalem Global Education Inc. ATGE Balance Sheet

Adtalem global education inc. (ATGE)

Balance Sheet / Quarterly

Mar'20	Dec'19	Sep'19	Jun'19	Mar'19	Dec'18	Sep'18	Jun'18	Mar'18	Dec'17	Sep'17	Jun'17	Mar'17	Dec'16	Sep'16	Jun'16	Mar'16	Dec'15	Sep'15	Jun'15	Mar'15	Dec'14	Sep'14	Jun'14	Mar'14	Dec'13	Sep'13	Jun'13	Mar'13	Dec'12	Sep'12	Jun'12	Mar'12	Dec'11	Sep'11	Jun'11	Mar'11	Dec'10	Sep'10	Jun'10	Mar'10	Dec'09	Sep'09
Assets:
Current assets:
Cash and cash equivalents
167	67	121	204	230	208	334	430	265	212	273	240	208	197	189	308	330	178	436	353	402	379	473	358	396	262	308	196	278	216	247	173	329	285	322	447	596	459	450	307	439	272	279
Investments in marketable securities
7	9	8	8	8	7	8	4	4	4	4	4	3	3	3	3	3	3	3	3	3	3	3	3	3	3	3	2	2	2	2	2	2	2	2	2	2	2	2	15	61	61	61
Restricted cash
0	3	0	1	0	0	0	0	0	0	1	1	1	5	5	7	10	13	7	10	9	10	12	8	8	11	7	7	7	3	4	2	13	30	5	2	7	9	11	2	55	54	10
Accounts receivable, net
98	93	116	83	89	81	108	146	155	134	151	148	133	127	184	162	170	121	185	139	149	89	170	132	161	117	183	139	171	118	167	93	254	145	151	114	223	152	161	119	155	135	156
Deferred Income Taxes, Net
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	45	45	46	39	29	31	33	29	23	25	25	31	23	21	21	24	26	24	24	22	22	22	20
Prepaid expenses and other current assets
126	45	39	29	44	55	60	58	70	75	56	36	37	54	40	36	36	41	47	53	57	44	30	34	39	49	51	49	33	31	35	35	34	34	41	33	31	27	30	32	32	32	32
Current assets held for sale
142	171	169	177	166	153	227	47	43	43	54	40	43	37	-	-	-	-	-	-	-	-	-	-	-	-	5	16	30	28	28	25	-	-	-	-	-	-	-	-	-	-	-
Refundable Income Taxes
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	23	34	40	8	7	-	-	-	-	-	-	-	-	-
Total current assets
544	389	456	504	540	506	739	688	539	469	541	471	428	427	423	518	551	359	681	559	667	572	735	577	638	475	592	442	548	450	546	404	665	528	545	624	887	675	680	499	768	578	561
Noncurrent assets:
Land
-	-	41	-	-	-	41	48	48	46	49	48	49	48	54	55	50	59	59	59	63	63	67	68	66	66	67	71	66	65	65	65	66	61	61	54	54	54	54	53	53	54	53
Building
-	-	309	-	-	-	288	389	383	391	403	407	439	441	484	488	478	489	490	485	470	467	465	464	454	429	427	424	389	388	389	385	382	366	352	314	302	297	288	283	283	270	255
Equipment
-	-	235	-	-	-	221	302	304	293	289	284	324	361	523	521	512	500	522	521	500	492	488	488	476	472	471	475	472	459	458	422	422	444	426	402	361	356	347	346	385	356	339
Construction in Progress
-	-	8	-	-	-	25	25	29	26	18	21	16	15	24	22	20	32	16	26	32	26	25	17	19	44	44	33	64	48	35	61	50	47	51	63	73	61	47	38	8	17	14
Land, Building and Equipment, Gross
-	-	595	-	-	-	576	765	766	758	761	762	828	866	1,086	1,087	1,061	1,081	1,088	1,093	1,067	1,049	1,047	1,038	1,017	1,013	1,010	1,005	992	961	948	935	921	920	891	834	792	769	738	722	731	698	663
Accumulated Depreciation
-	-	314	-	-	-	306	376	363	360	344	336	378	406	572	566	548	545	558	547	522	506	495	483	466	455	439	433	427	407	386	382	374	395	375	365	354	354	339	333	359	352	340
Land, Building and Equipment Held for Sale, Net
-	-	73	-	-	-	81	-	14	20	59	62	48	39	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Land, Building and Equipment, Net
286	281	354	283	279	275	351	388	418	418	476	488	498	500	514	521	512	535	530	545	544	542	552	555	551	558	570	571	569	559	567	558	546	524	515	468	437	414	398	388	372	345	323
Land, Building and Equipment of Divested Business, Net
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	5	5	5	5	-	-	-	-	-	-	-	-	-	-	-
Operating lease assets
188	187	195	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Deferred income taxes
15	15	14	18	19	19	31	38	30	31	32	34	35	26	32	52	24	24	6	7	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Intangible assets, net
290	292	295	297	237	238	240	362	385	386	395	391	421	419	426	342	371	357	304	323	325	289	288	294	294	293	298	281	292	294	297	285	292	276	321	195	191	192	193	194	196	198	201
Goodwill
686	686	686	687	627	627	627	813	845	832	838	829	838	832	854	588	565	542	533	552	561	519	514	519	517	514	517	508	566	566	564	549	567	553	589	523	517	516	516	514	515	514	514
Perkins Program Fund, Net
-	-	-	-	-	-	-	-	-	-	-	-	-	-	13	13	13	13	13	13	13	13	13	13	13	13	13	13	13	13	13	13	13	13	13	13	13	13	13	13	13	13	13
Investments
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-
Other assets, net
84	82	91	52	54	57	45	39	32	34	37	36	57	56	60	60	59	58	37	37	36	29	30	36	33	33	32	33	27	30	31	29	27	27	26	25	21	20	20	17	15	14	14
Other assets held for sale
348	453	366	398	390	397	315	13	37	37	62	62	38	38	-	-	-	-	-	-	-	-	-	-	-	-	1	5	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total Noncurrent Assets
1,899	2,000	1,649	1,737	1,608	1,615	1,259	1,268	1,330	1,323	1,366	1,354	1,390	1,373	1,386	1,057	1,033	997	894	934	936	852	846	864	858	855	863	843	900	904	906	878	900	870	950	757	744	743	743	740	739	741	743
Other Assets of Divested Business
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-
Total assets
2,444	2,390	2,460	2,242	2,148	2,122	2,349	2,344	2,288	2,211	2,384	2,315	2,317	2,301	2,324	2,096	2,097	1,892	2,106	2,039	2,148	1,967	2,134	1,997	2,048	1,889	2,026	1,857	2,018	1,914	2,020	1,842	2,112	1,924	2,011	1,850	2,070	1,834	1,822	1,627	1,880	1,665	1,628
Liabilities and shareholders' equity:
Current liabilities:
Current Portion of Debt
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	44	44	104
Accounts payable
33	31	44	53	39	46	48	47	33	32	46	43	30	32	57	64	54	56	59	63	58	55	62	52	54	62	57	55	53	60	61	61	53	51	65	63	63	62	74	90	89	71	86
Accrued payroll and benefits
40	39	30	46	39	42	32	71	60	59	56	76	70	64	65	93	88	73	74	83	90	73	83	94	91	77	96	88	80	63	83	77	72	58	77	107	69	58	73	92	69	50	56
Accrued liabilities
60	89	61	76	74	76	80	80	77	77	80	90	88	94	96	103	88	83	82	85	74	69	70	70	64	69	82	74	76	71	69	76	56	37	50	47	45	54	79	53	55	65	63
Advance Tuition Payments
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	20	23	19	18	22	22	21	19	20	24	70	26
Deferred revenue
120	51	168	95	108	47	173	106	133	69	171	103	136	88	224	100	170	77	223	90	176	66	234	99	194	97	243	97	195	140	255	77	349	259	250	75	398	260	245	86	366	223	217
Current operating lease liabilities
51	53	54	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Current portion of long-term debt
3	3	3	3	3	3	3	3	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Current liabilities held for sale
34	36	50	36	44	28	121	56	72	57	95	63	76	45	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Current Liabilities of Divested Business
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	3	1	4	1	-	-	-	-	-	-	-	-	-	-	-
Total current liabilities
344	304	412	311	309	244	459	365	378	296	450	377	402	325	444	361	401	291	439	321	399	264	451	316	405	307	479	316	409	337	474	314	554	427	462	316	599	456	492	343	648	525	556
Noncurrent liabilities:
Long-term debt
446	412	327	398	288	289	289	290	120	165	135	125	120	225	130	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-
Long-term operating lease liabilities
179	180	192	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Deferred income taxes
28	28	29	29	33	32	29	29	33	31	34	34	30	32	30	29	27	21	21	21	71	48	50	47	54	59	64	60	58	64	67	66	63	64	75	69	63	43	45	41	48	51	51
Other liabilities
91	91	92	86	88	97	101	131	96	101	98	101	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Deferred Rent and Other Liabilities
-	-	-	-	-	-	-	-	-	-	-	-	104	106	112	118	108	109	99	101	103	90	86	93	89	91	87	82	92	107	102	96	91	71	67	68	62	58	55	58	51	39	38
Income Taxes Payable
-	-	-	-	-	-	-	-	88	88	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Noncurrent liabilities held for sale
56	75	76	16	16	20	21	0	1	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total noncurrent liabilities
801	788	717	529	426	439	441	450	340	387	269	262	254	364	272	147	136	131	120	123	175	138	136	141	143	150	152	142	151	171	169	163	155	135	143	137	126	102	100	99	99	91	90
Other Liabilities of Divested Business
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-
Total liabilities
1,146	1,092	1,129	841	735	683	901	816	718	684	719	639	656	689	717	509	537	422	559	445	574	403	587	457	549	458	631	459	560	509	643	477	709	562	606	454	725	559	593	443	748	616	646
Commitments and contingencies (Note 19)
-	-	-	-	-	-	-	-	-	-	0	0	-	0	0	0	-	-	0	0	-	0	0	0	0	0	0	0	0	0	0	0	-	-	-	0	-	-	-	-	-	-	-
Redeemable noncontrolling interest
2	3	3	9	8	8	8	9	11	7	6	6	6	6	5	5	3	2	3	9	9	8	6	6	6	5	5	0	9	8	8	8	8	7	7	6	6	6	5	5	4	4	3
Shareholders' equity:
Common stock, $0.01 par value per share, 200,000 shares authorized; 51,802, 55,303, and 56,954 shares outstanding as of March 31, 2020, June 30, 2019, and March 31, 2019, respectively
0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Additional paid-in capital
499	496	492	486	483	479	469	454	450	433	422	415	404	395	383	372	364	360	356	350	343	338	331	320	311	304	298	291	285	280	278	272	267	260	256	248	238	233	229	224	217	207	201
Retained earnings
2,183	2,032	2,027	2,012	1,964	1,926	1,908	1,917	1,852	1,812	1,894	1,881	1,837	1,797	1,796	1,771	1,794	1,743	1,804	1,796	1,778	1,731	1,702	1,682	1,655	1,599	1,562	1,575	1,616	1,560	1,520	1,488	1,490	1,423	1,424	1,367	1,300	1,208	1,128	1,055	991	910	845
Accumulated other comprehensive loss
-276	-159	-176	-137	-148	-143	-163	-142	-59	-60	-35	-59	-37	-50	-49	-42	-91	-133	-122	-77	-78	-44	-32	-15	-19	-25	-17	-17	-5	-6	-5	-5	3	4	5	15	13	13	12	9	9	11	11
Treasury stock, at Cost, 28,790, 24,830, and 23,149 shares as of March 31, 2020, June 30, 2019, and March 31, 2019, respectively
1,113	1,076	1,016	970	894	833	775	711	685	666	623	569	551	537	529	519	511	504	496	485	478	471	462	454	454	454	455	452	447	438	426	400	367	335	288	243	215	186	147	111	92	85	81
Total shareholders' equity
1,294	1,294	1,327	1,391	1,404	1,429	1,440	1,519	1,558	1,519	1,658	1,669	1,654	1,604	1,601	1,582	1,555	1,466	1,543	1,584	1,564	1,555	1,540	1,533	1,493	1,424	1,389	1,397	1,449	1,396	1,367	1,356	1,394	1,354	1,398	1,389	1,338	1,269	1,223	1,179	1,127	1,045	978
Total liabilities and shareholders' equity
2,444	2,390	2,460	2,242	2,148	2,122	2,349	2,344	2,288	2,211	2,384	2,315	2,317	2,301	2,324	2,096	2,097	1,892	2,106	2,039	2,148	1,967	2,134	1,997	2,048	1,889	2,026	1,857	2,018	1,914	2,020	1,842	2,112	1,924	2,011	1,850	2,070	1,834	1,822	1,627	1,880	1,665	1,628