Corinthian Colleges Inc (COCO) financial statements (2021 and earlier)

Company profile

Business Address 6 HUTTON CENTRE DR
SANTA ANA, CA 92707
State of Incorp.
Fiscal Year End June 30
SIC 82 - Educational Services (benchmarking)
More info Complete financial analysis Financial benchmarking

Balance sheet (Statement of financial position) ($ in millions)

3/31/2014
Q3
12/31/2013
Q2
9/30/2013
Q1
6/30/2013
Q4
3/31/2013
Q3
12/31/2012
Q2
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments283337474444
Cash and cash equivalents283337474444
Receivables8980118101106101
Prepaid expense and other current assets106101
Assets held-for-sale001 57
Other undisclosed current assets791231441393737
Total current assets:197236299286299290
Noncurrent Assets
Property, plant and equipment221224226230229235
Long-term investments and receivables717068677072
Accounts and financing receivable, after allowance for credit loss717068677072
Intangible assets, net (including goodwill)386386386386387387
Goodwill206206206206206206
Intangible assets, net (excluding goodwill)180180181181181181
Other noncurrent assets87827655 
Prepaid expense and other noncurrent assets77
Other undisclosed noncurrent assets555555
Total noncurrent assets:770767762743697706
TOTAL ASSETS:9661,0041,0611,029996996
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities175174204199174165
Accounts payable584264257369
Accrued liabilities   1142532
Employee-related liabilities117132140607663
Debt8812(5)34
Deferred revenue and credits96122126107129121
Other undisclosed current liabilities333(50)1924
Total current liabilities:362299335251325314
Noncurrent Liabilities
Long-term debt and lease obligation1276991342743
Long-term debt, excluding current maturities265881231631
Capital lease obligations111111111212
Liabilities, other than long-term debt1107069727271
Deferred tax liabilities, net5616161688
Other liabilities545453566563
Total noncurrent liabilities:123146169207100113
Total liabilities:485445504458425427
Stockholders' equity
Stockholders' equity attributable to parent481559557571571569
Common stock000000
Treasury stock, value(56)(56)(56)(56)(56)(56)
Additional paid in capital263261260259257255
Accumulated other comprehensive income222222
Retained earnings272351351366368369
Total stockholders' equity:481559557571571569
TOTAL LIABILITIES AND EQUITY:9661,0041,0611,029996996

Income statement (P&L) ($ in millions)

3/31/2014
Q3
12/31/2013
Q2
9/30/2013
Q1
6/30/2013
Q4
3/31/2013
Q3
12/31/2012
Q2
Revenues350370365384400410
Cost of revenue(198)(209)(207)(44)(230)(234)
Gross profit:151161158340170176
Operating expenses(148)(149)(167)(329)(159)(162)
Operating income (loss):312(9)111114
Nonoperating expense(6)(6)(6)(8)(6)(6)
Other nonoperating expense(7)(6)(6)(8)(6)(6)
Interest and debt expense(1)(1)(2)(1)(1)(1)
Other undisclosed income from continuing operations before equity method investments, income taxes0001  
Income (loss) from continuing operations before income taxes:(4)6(17)347
Income tax expense (benefit)(70)(2)73(1)(3)
Income (loss) from continuing operations:(73)4(10)624
Other undisclosed income before gain (loss) on sale of properties   12  
Net income (loss):(73)4(10)1924
Other undisclosed net loss attributable to parent(6)(3)(5)(21)(3)(4)
Net income (loss) available to common stockholders, diluted:(80)0(15)(2)(1)(0)

Comprehensive Income ($ in millions)

3/31/2014
Q3
12/31/2013
Q2
9/30/2013
Q1
6/30/2013
Q4
3/31/2013
Q3
12/31/2012
Q2
Net income (loss):(73)4(10)1924
Comprehensive income (loss):(73)4(10)1924
Other undisclosed comprehensive loss, net of tax, attributable to parent(6)(3)(5)(21)(3)(4)
Comprehensive income (loss), net of tax, attributable to parent:(80)0(15)(2)(1)0

Statements sources

The financial statements are based on the company's filings with the 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.

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