Learning Tree International Inc (LTRE) Financial Statements (2024 and earlier)

Company Profile

Business Address 1805 LIBRARY STREET
RESTON, VA 20190
State of Incorp. DE
Fiscal Year End September 30
Industry (SIC) 82 - Educational Services (benchmarking)
More info Complete Financial Analysis Financial Benchmarking

Balance Sheet (Statement of Financial Position) ($ in thousands)

9/30/2018
9/30/2017
9/30/2016
9/30/2015
9/30/2014
9/30/2013
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments5,0808,54017,93631,07826,583
Cash and cash equivalents5,0808,54017,93631,07826,583
Receivables9,8549,74610,97316,93314,057
Prepaid expense1,3991,9162,7733,3503,383
Deposits current assets 1,174    
Other current assets1,3331,4241,7471,4831,848
Income taxes receivable921
Total current assets:18,84021,62633,42952,84446,792
Noncurrent Assets
Property, plant and equipment4,5305,9106,0708,88816,698
Restricted cash and investments1,4772,9433,2653,2314,175
Other noncurrent assets911701681748831
Other undisclosed noncurrent assets505427476489466
Total noncurrent assets:7,4239,98110,49213,35622,170
TOTAL ASSETS:26,26331,60743,92166,20068,962
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities9,2499,48211,00814,84911,476
Taxes payable54 174199 
Employee-related liabilities2,2072,4142,8654,4474,167
Accounts payable6,2456,0956,7447,9097,309
Accrued liabilities7439731,2252,294 
Debt25381   
Deferred rent credit
Restructuring reserve    
Deferred revenue and credits18,79521,54623,98327,84930,601
Other undisclosed current liabilities8951,0573276583,020
Total current liabilities:29,19232,16635,31843,35645,097
Noncurrent Liabilities
Long-term debt and lease obligation659386   
Long-term debt, excluding current maturities365    
Capital lease obligations294386   
Liabilities, other than long-term debt6,5476,7415,5566,7465,947
Deferred revenue and credits3,4343,8082,5753,4432,503
Deferred rent credit
Asset retirement obligations1,1431,3691,6691,8802,004
Deferred tax liabilities, net11889134161284
Liability for uncertainty in income taxes1,8521,4751,1781,2621,156
Restructuring reserve     
Other undisclosed noncurrent liabilities 1,6872,103 3012,257
Total noncurrent liabilities:8,8939,2305,5567,0478,204
Total liabilities:38,08541,39640,87450,40353,301
Equity
Equity, attributable to parent(11,822)(9,789)3,04715,79715,661
Common stock11111
Additional paid in capital6,4876,3886,2246,1485,825
Accumulated other comprehensive loss(877)(882)(578)(325)(139)
Retained earnings (accumulated deficit)(17,433)(15,296)(2,600)9,9739,974
Total equity:(11,822)(9,789)3,04715,79715,661
TOTAL LIABILITIES AND EQUITY:26,26331,60743,92166,20068,962

Income Statement (P&L) ($ in thousands)

9/30/2018
9/30/2017
9/30/2016
9/30/2015
9/30/2014
9/30/2013
Revenues70,66381,58794,884118,248116,810
Cost of revenue(40,298)(50,163)(55,809)(66,574)(63,010)
Gross profit:30,36531,42439,07551,67453,800
Operating expenses(31,647)(43,936)(48,766)(57,599)(61,986)
Other operating income (expense), net (53)11(4)6,322 
Other undisclosed operating loss     
Operating income (loss):(1,335)(12,501)(9,695)397(8,186)
Nonoperating income (expense)(328)227354(75)(89)
Investment income, nonoperating(53)15233943
Gain on contract termination     132
Gain (loss), foreign currency transaction, before tax(254)215340115(151)
Other nonoperating income (expense)(21)(3)(9)(229)19
Income (loss) from continuing operations before income taxes:(1,663)(12,274)(9,341)322(8,275)
Income tax expense(474)(422)(467)(321)(444)
Income (loss) from continuing operations:(2,137)(12,696)(9,808)1(8,719)
Income (loss) before gain (loss) on sale of properties:(2,137)(12,696)(9,808)1(8,719)
Net income (loss):(2,137)(12,696)(9,808)1(8,719)
Other undisclosed net loss attributable to parent   (2,765)  
Net income (loss) available to common stockholders, diluted:(2,137)(12,696)(12,573)1(8,719)

Comprehensive Income ($ in thousands)

9/30/2018
9/30/2017
9/30/2016
9/30/2015
9/30/2014
9/30/2013
Net income (loss):(2,137)(12,696)(9,808)1(8,719)
Other undisclosed comprehensive income (loss)5(304)(3,018)(186)(149)
Comprehensive loss, net of tax, attributable to parent:(2,132)(13,000)(12,826)(185)(8,868)

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.

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