v3.26.1
Earnings Per Share - Schedule of Components of Basic and Diluted Earnings Per Share (Details) - USD ($)
$ / shares in Units, shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
May 31, 2026
May 31, 2025
May 31, 2026
May 31, 2025
Earnings Per Share, Basic, by Common Class, Including Two Class Method [Line Items]        
Net income attributable to Phoenix Education Partners, Inc. (basic and diluted) $ 39,167 $ 53,841 $ 65,401 $ 116,382
Basic weighted average shares outstanding 35,882 35,560 35,766 35,542
Diluted weighted average shares outstanding 38,920 37,966 38,799 37,831
Basic income per share attributable to Phoenix Education Partners, Inc. [1] $ 1.09 $ 1.51 $ 1.83 $ 3.27
Diluted income per share attributable to Phoenix Education Partners, Inc. [1] $ 1.01 $ 1.42 $ 1.69 $ 3.08
Employee Stock Option        
Earnings Per Share, Basic, by Common Class, Including Two Class Method [Line Items]        
Dilutive effect of shares [2] 2,887 2,346 2,904 2,240
Dilutive Effect of Restricted Stock Units        
Earnings Per Share, Basic, by Common Class, Including Two Class Method [Line Items]        
Dilutive effect of shares [2] 151 60 129 49
[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] Diluted shares during both the three and nine months ended May 31, 2026 excludes approximately 0.5 million performance share units that are contingently issuable shares as they vest upon achievement of performance conditions. Additionally, approximately 2.1 million outstanding stock options and 0.1 million restricted stock units are excluded from both the three and nine months ended May 31, 2025 because such awards were contingently issuable shares as they vested upon certain changes in control or achievement of performance conditions.