Apollo Education Group Inc (APOL) Financial Statements (2024 and earlier)
Company Profile
| Business Address |
4025 S. RIVERPOINT PARKWAY PHOENIX, AZ 85040 |
| State of Incorp. | AZ |
| Fiscal Year End | August 31 |
| Industry (SIC) | 82 - Educational Services (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in millions)
| 8/31/2016 | 8/31/2015 | 8/31/2014 | 8/31/2013 | |||
|---|---|---|---|---|---|---|
| ASSETS | ||||||
| Current Assets | ||||||
| Cash, cash equivalents, and short-term investments | 698 | 1,416 | 1,520 | |||
| Cash and cash equivalents | 504 | 1,229 | 1,414 | |||
| Short-term investments | 195 | 187 | 106 | |||
| Restricted cash and investments | 198 | 224 | ||||
| Receivables | 198 | 225 | 215 | |||
| Prepaid expense | 38 | 34 | 30 | |||
| Disposal group, including discontinued operation | 41 | |||||
| Other current assets | 49 | 59 | 64 | |||
| Other undisclosed current assets | 68 | 84 | 319 | |||
| Total current assets: | 1,292 | 2,043 | 2,150 | |||
| Noncurrent Assets | ||||||
| Property, plant and equipment | 370 | 436 | 473 | |||
| Long-term investments and receivables | 96 | 88 | 44 | |||
| Long-term investments | 96 | 88 | 44 | |||
| Intangible assets, net (including goodwill) | 390 | 449 | 236 | |||
| Goodwill | 247 | 260 | 104 | |||
| Intangible assets, net (excluding goodwill) | 143 | 189 | 132 | |||
| Other noncurrent assets | 29 | 40 | 32 | |||
| Other undisclosed noncurrent assets | 27 | 37 | 64 | |||
| Total noncurrent assets: | 913 | 1,050 | 848 | |||
| TOTAL ASSETS: | 2,205 | 3,093 | 2,998 | |||
| LIABILITIES AND EQUITY | ||||||
| Liabilities | ||||||
| Current Liabilities | ||||||
| Accounts payable and accrued liabilities | 214 | 271 | 217 | |||
| Employee-related liabilities | 74 | 125 | 144 | |||
| Accounts payable | 64 | 64 | 73 | |||
| Accrued liabilities | 75 | 82 | ||||
| Debt | 14 | 610 | 628 | |||
| Restructuring reserve | 39 | 43 | ✕ | |||
| Disposal group, including discontinued operation | 41 | |||||
| Other liabilities | 281 | 364 | 347 | |||
| Deferred revenue and credits | 187 | 226 | 213 | |||
| Customer advances and deposits | 245 | 281 | ✕ | |||
| Other undisclosed current liabilities | (188) | (250) | 165 | |||
| Total current liabilities: | 832 | 1,543 | 1,570 | |||
| Noncurrent Liabilities | ||||||
| Long-term debt and lease obligation, including: | 32 | 48 | 64 | |||
| Other undisclosed long-term debt and lease obligation | 32 | 48 | 64 | |||
| Liabilities, other than long-term debt | 245 | 378 | 344 | |||
| Deferred revenue and credits | 17 | 52 | ||||
| Deferred tax liabilities, net | 11 | 23 | 12 | |||
| Liability for uncertainty in income taxes | 10 | 34 | ||||
| Restructuring reserve | 44 | 60 | 65 | |||
| Other liabilities | 172 | 234 | 233 | |||
| Other undisclosed noncurrent liabilities | (61) | (121) | (98) | |||
| Total noncurrent liabilities: | 215 | 304 | 310 | |||
| Total liabilities: | 1,048 | 1,848 | 1,880 | |||
| Temporary equity, carrying amount | 12 | 65 | ||||
| Equity | ||||||
| Equity, attributable to parent, including: | 1,145 | 1,180 | 1,118 | |||
| Treasury stock, value | (3,928) | (3,937) | (3,825) | |||
| Accumulated other comprehensive loss | (81) | (27) | (37) | |||
| Retained earnings | 5,153 | 5,144 | 4,979 | |||
| Other undisclosed equity, attributable to parent | 0 | 0 | 0 | |||
| Equity, attributable to noncontrolling interest | 1 | 1 | 0 | |||
| Total equity: | 1,145 | 1,181 | 1,118 | |||
| TOTAL LIABILITIES AND EQUITY: | 2,205 | 3,093 | 2,998 | |||
Income Statement (P&L) ($ in millions)
| 8/31/2016 | 8/31/2015 | 8/31/2014 | 8/31/2013 | ||
|---|---|---|---|---|---|
| Revenues (Revenue, Net) | 2,566 | 3,024 | 3,681 | ||
| Gross profit: | 2,566 | 3,024 | 3,681 | ||
| Operating expenses | (2,451) | (2,685) | (3,254) | ||
| Operating income (loss): | 115 | 339 | 427 | ||
| Nonoperating income (expense) | (4) | 3 | 4 | ||
| Investment income, nonoperating | 5 | 4 | 2 | ||
| Loss, foreign currency transaction, before tax | (2) | (1) | |||
| Other nonoperating income (expense) | (6) | (1) | 2 | ||
| Interest and debt expense | (7) | (8) | (9) | ||
| Other undisclosed income (loss) from continuing operations before equity method investments, income taxes | 1 | (1) | |||
| Income (loss) from continuing operations before income taxes: | 106 | 333 | 423 | ||
| Income tax expense | (58) | (121) | (174) | ||
| Income (loss) from continuing operations: | 47 | 211 | 249 | ||
| Income (loss) before gain (loss) on sale of properties: | 24 | 205 | 249 | ||
| Loss from discontinued operations | (23) | (7) | |||
| Net income (loss): | 24 | 205 | 249 | ||
| Net income (loss) attributable to noncontrolling interest | 5 | 5 | (0) | ||
| Net income (loss) available to common stockholders, diluted: | 30 | 209 | 249 | ||
Comprehensive Income ($ in millions)
| 8/31/2016 | 8/31/2015 | 8/31/2014 | 8/31/2013 | ||
|---|---|---|---|---|---|
| Net income (loss): | 24 | 205 | 249 | ||
| Other undisclosed comprehensive income (loss) | (59) | 12 | (3) | ||
| Comprehensive income (loss): | (35) | 217 | 246 | ||
| Comprehensive income (loss), net of tax, attributable to noncontrolling interest | 19 | 2 | (0) | ||
| Other undisclosed comprehensive income, net of tax, attributable to parent | 1 | ||||
| Comprehensive income (loss), net of tax, attributable to parent: | (16) | 219 | 247 | ||
Statements Sources
The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.