v3.26.1
Condensed Consolidated Statements of Income (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
May 31, 2026
May 31, 2025
May 31, 2026
May 31, 2025
Income Statement [Abstract]        
Net revenue $ 271,801 $ 271,703 $ 756,289 $ 749,801
Costs and expenses:        
Instructional and support 110,284 110,446 330,774 325,779
General and administrative 97,754 83,320 302,416 255,703
Strategic alternatives, restructuring and other 11,937 6,837 31,673 17,886
Total costs and expenses 219,975 200,603 664,863 599,368
Operating income 51,826 71,100 91,426 150,433
Interest income 2,183 2,278 5,720 8,334
Interest expense (651) (107) (1,416) (332)
Income before income taxes 53,358 73,271 95,730 158,435
Provision for income taxes 14,452 18,622 30,877 40,564
Net Income 38,906 54,649 64,853 117,871
Net loss (income) attributable to noncontrolling interests 261 (808) 548 (1,489)
Net income attributable to Phoenix Education Partners, Inc. $ 39,167 $ 53,841 $ 65,401 $ 116,382
Earnings per share:        
Basic [1] $ 1.09 $ 1.51 $ 1.83 $ 3.27
Diluted [1] $ 1.01 $ 1.42 $ 1.69 $ 3.08
Shares used in computing earnings per share:        
Basic 35,882 35,560 35,766 35,542
Diluted 38,920 37,966 38,799 37,831
[1] See Note 1. Nature of Operations and Significant Accounting Policies for a description of our Initial Public Offering, conversion into a corporation and name change.