v3.26.1
Condensed Consolidated Statements of Equity (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
Total
Total Phoenix Education Partners, Inc. Equity
Common Stock
Additional Paid-in Capital
Retained Earnings
Accumulated Other Comprehensive (Loss) Income, net
Noncontrolling Interest
Limited Partner
Beginning Balance, Shares at Aug. 31, 2024 [1]     35,501          
Beginning Balance at Aug. 31, 2024 $ 348,930 $ 327,304 $ 0 $ 0 $ 0 $ 45 $ 21,626 $ 327,259
Noncontrolling interest issued in business combination 4,147           4,147  
Change in fair value of available-for-sale securities, net of tax (84) (84)       (84)    
Share-based compensation, Shares [1]     77          
Share-based compensation 1,908           1,908  
Tax withholdings for share-based award settlements, Shares [1]     (18)          
Tax withholdings for share-based award settlements (325)           (325)  
Dividends and dividend equivalents to noncontrolling interests (13,961)           (13,961)  
Capital distributions to limited partners (134,001) (134,001)           (134,001)
Net income (loss) 117,871 116,382         1,489 116,382
Ending Balance, Shares at May. 31, 2025 [2]     35,560          
Ending Balance at May. 31, 2025 324,485 309,601 $ 0 0 0 (39) 14,884 309,640
Beginning Balance, Shares at Feb. 28, 2025 [2]     35,560          
Beginning Balance at Feb. 28, 2025 269,217 255,786 $ 0 0 0 (13) 13,431 255,799
Change in fair value of available-for-sale securities, net of tax (26) (26)       (26)    
Share-based compensation 645           645  
Net income (loss) 54,649 53,841         808 53,841
Ending Balance, Shares at May. 31, 2025 [2]     35,560          
Ending Balance at May. 31, 2025 324,485 309,601 $ 0 0 0 (39) 14,884 309,640
Beginning Balance, Shares at Aug. 31, 2025 [1]     35,596          
Beginning Balance at Aug. 31, 2025 240,055 246,774 $ 0 0 0 39 (6,719) 246,735
Corporate conversion   (9,444) $ 356 236,935     9,444 (246,735)
Change in fair value of available-for-sale securities, net of tax (46) (46)       (46)    
Share-based compensation 47,624 47,624   47,624        
Shares issued under share-based compensation plans, Shares [1]     744          
Shares issued under share-based compensation plans 456   $ 7 449        
Tax withholdings for share-based award settlements, Shares [1]     (195)          
Tax withholdings for share-based award settlements (5,893) (5,893) $ (2) (5,891)        
Common stock repurchased, Shares [1]     (135)          
Common stock repurchased (3,963) (3,963) $ (1) (3,962)        
Common stock dividends and dividend equivalents (16,654) (16,654)     (16,654)      
Net income (loss) 64,853 65,401     65,401   (548)  
Ending Balance, Shares at May. 31, 2026 [2]     36,010          
Ending Balance at May. 31, 2026 326,432 324,255 $ 360 275,155 48,747 (7) 2,177 0
Beginning Balance, Shares at Feb. 28, 2026 [2]     35,811          
Beginning Balance at Feb. 28, 2026 293,564 291,126 $ 358 272,814 17,889 65 2,438 0
Change in fair value of available-for-sale securities, net of tax (72) (72)       (72)    
Share-based compensation 8,458 8,458   8,458        
Shares issued under share-based compensation plans, Shares [2]     425          
Shares issued under share-based compensation plans 456 456 $ 4 452        
Tax withholdings for share-based award settlements, Shares [2]     (91)          
Tax withholdings for share-based award settlements (2,608) (2,608) $ (1) (2,607)        
Common stock repurchased, Shares [2]     (135)          
Common stock repurchased (3,963) (3,963) $ (1) (3,962)        
Common stock dividends and dividend equivalents (8,309) (8,309)     (8,309)      
Net income (loss) 38,906 39,167     39,167   (261)  
Ending Balance, Shares at May. 31, 2026 [2]     36,010          
Ending Balance at May. 31, 2026 $ 326,432 $ 324,255 $ 360 $ 275,155 $ 48,747 $ (7) $ 2,177 $ 0
[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.
[2] 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.