$PRDO
Perdoceo Education Corp

2019 Q3 Form 10-Q Financial Statement

#000156459019041038 Filed on November 06, 2019

View on sec.gov

Income Statement

Concept 2019 Q3 2018 Q3 2018 Q2
Revenue $155.0M $145.7M $142.0M
YoY Change 6.36% 0.49% -2.86%
Cost Of Revenue $25.30M $27.20M $30.30M
YoY Change -6.99% -28.04% -16.76%
Gross Profit $129.6M $118.5M $111.7M
YoY Change 9.37% 10.54% 1.73%
Gross Profit Margin 83.64% 81.34% 78.64%
Selling, General & Admin $103.1M $96.80M $98.30M
YoY Change 6.51% -2.32% 1.55%
% of Gross Profit 79.55% 81.69% 88.0%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $2.300M $2.300M $2.100M
YoY Change 0.0% -36.11% -46.15%
% of Gross Profit 1.77% 1.94% 1.88%
Operating Expenses $130.7M $126.4M $130.7M
YoY Change 3.37% 23.2% 29.82%
Operating Profit $24.29M $19.28M $11.30M
YoY Change 25.99% 324.83% 24.15%
Interest Expense $43.00K $108.0K $600.0K
YoY Change -60.19% -73.0% 430.97%
% of Operating Profit 0.18% 0.56% 5.31%
Other Income/Expense, Net $1.752M $874.0K $501.0K
YoY Change 100.46% 337.0% -17.05%
Pretax Income $26.05M $20.16M $11.80M
YoY Change 29.22% 295.24% 21.59%
Income Tax $7.653M $5.089M $2.940M
% Of Pretax Income 29.38% 25.25% 24.91%
Net Earnings $18.23M $14.86M $8.751M
YoY Change 22.73% 391.63% 104.18%
Net Earnings / Revenue 11.77% 10.2% 6.16%
Basic Earnings Per Share $0.26 $0.21 $0.13
Diluted Earnings Per Share $0.25 $0.21 $0.12
COMMON SHARES
Basic Shares Outstanding 70.14M 69.74M 69.67M
Diluted Shares Outstanding 72.14M 71.79M 71.56M

Balance Sheet

Concept 2019 Q3 2018 Q3 2018 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $281.8M $188.4M $185.5M
YoY Change 49.58% 12.08% 13.41%
Cash & Equivalents $77.41M $32.00M $33.96M
Short-Term Investments $234.4M $156.3M $151.6M
Other Short-Term Assets $39.20M $14.30M $18.10M
YoY Change 174.13% -20.11% -20.26%
Inventory $700.0K $900.0K $900.0K
Prepaid Expenses
Receivables $29.90M $34.00M $25.00M
Other Receivables $1.300M $2.500M $1.900M
Total Short-Term Assets $353.0M $240.1M $230.7M
YoY Change 47.03% 14.83% 10.01%
LONG-TERM ASSETS
Property, Plant & Equipment $26.70M $30.00M $30.80M
YoY Change -11.01% -9.91% -12.99%
Goodwill $87.36M
YoY Change
Intangibles $7.900M
YoY Change
Long-Term Investments
YoY Change
Other Assets $5.140M $93.80M $99.70M
YoY Change -94.52% -41.7% -38.87%
Total Long-Term Assets $245.8M $221.3M $228.1M
YoY Change 11.06% -24.24% -23.15%
TOTAL ASSETS
Total Short-Term Assets $353.0M $240.1M $230.7M
Total Long-Term Assets $245.8M $221.3M $228.1M
Total Assets $598.8M $461.4M $458.8M
YoY Change 29.78% -7.94% -9.42%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $11.04M $12.60M $11.30M
YoY Change -12.35% 6.78% 8.65%
Accrued Expenses $83.70M $40.20M $56.70M
YoY Change 108.21% -39.82% -11.96%
Deferred Revenue $23.78M $23.05M
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $132.1M $91.60M $105.9M
YoY Change 44.26% -23.67% -12.48%
LONG-TERM LIABILITIES
Long-Term Debt $0.00 $0.00 $0.00
YoY Change
Other Long-Term Liabilities $9.819M $30.10M $30.00M
YoY Change -67.38% -27.99% -40.59%
Total Long-Term Liabilities $64.72M $30.10M $30.00M
YoY Change 115.03% -27.99% -40.59%
TOTAL LIABILITIES
Total Short-Term Liabilities $132.1M $91.60M $105.9M
Total Long-Term Liabilities $64.72M $30.10M $30.00M
Total Liabilities $196.9M $121.7M $135.9M
YoY Change 61.76% -24.78% -20.76%
SHAREHOLDERS EQUITY
Retained Earnings -$9.445M
YoY Change
Common Stock $634.4M
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost) $223.4M
YoY Change
Treasury Stock Shares $15.56M
Shareholders Equity $401.9M $339.6M $322.9M
YoY Change
Total Liabilities & Shareholders Equity $598.8M $461.4M $458.8M
YoY Change 29.78% -7.94% -9.42%

Cashflow Statement

Concept 2019 Q3 2018 Q3 2018 Q2
OPERATING ACTIVITIES
Net Income $18.23M $14.86M $8.751M
YoY Change 22.73% 391.63% 104.18%
Depreciation, Depletion And Amortization $2.300M $2.300M $2.100M
YoY Change 0.0% -36.11% -46.15%
Cash From Operating Activities $32.00M $3.500M $3.700M
YoY Change 814.29% -31.37% -24.49%
INVESTING ACTIVITIES
Capital Expenditures -$1.800M -$1.300M -$1.300M
YoY Change 38.46% 0.0% -7.14%
Acquisitions
YoY Change
Other Investing Activities -$5.200M -$4.300M $6.600M
YoY Change 20.93% -84.13% -67.16%
Cash From Investing Activities -$7.000M -$5.500M $5.300M
YoY Change 27.27% -80.57% -71.51%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 1.000M 300.0K 100.0K
YoY Change 233.33% -95.45%
NET CHANGE
Cash From Operating Activities 32.00M 3.500M 3.700M
Cash From Investing Activities -7.000M -5.500M 5.300M
Cash From Financing Activities 1.000M 300.0K 100.0K
Net Change In Cash 26.00M -1.700M 9.100M
YoY Change -1629.41% -92.67% -64.59%
FREE CASH FLOW
Cash From Operating Activities $32.00M $3.500M $3.700M
Capital Expenditures -$1.800M -$1.300M -$1.300M
Free Cash Flow $33.80M $4.800M $5.000M
YoY Change 604.17% -25.0% -20.63%

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CY2018Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.21
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.58
CY2019Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
70142000
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
69542000
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
71425000
CY2019Q3 us-gaap Net Income Loss
NetIncomeLoss
18234000
CY2019Q3 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
-113000
CY2019Q3 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
44000
CY2019Q3 us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
-1015000
CY2018Q2 us-gaap Stockholders Equity
StockholdersEquity
322917000
CY2018Q3 us-gaap Net Income Loss
NetIncomeLoss
14857000
CY2018Q3 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
-21000
CY2018Q3 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
106000
CY2018Q3 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
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1445000
CY2018Q3 us-gaap Stock Issued During Period Value New Issues
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-343000
CY2018Q3 us-gaap Stockholders Equity
StockholdersEquity
339647000
CY2018Q4 us-gaap Stockholders Equity
StockholdersEquity
355203000
us-gaap Net Income Loss
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42466000
us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
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us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
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814000
us-gaap New Accounting Pronouncement Or Change In Accounting Principle Effect Of Adoption Quantification
NewAccountingPronouncementOrChangeInAccountingPrincipleEffectOfAdoptionQuantification
1035000
us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
3922000
us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
1366000
CY2019Q3 us-gaap Stockholders Equity
StockholdersEquity
401944000
CY2017Q4 us-gaap Stockholders Equity
StockholdersEquity
296205000
us-gaap Net Income Loss
NetIncomeLoss
41110000
us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
-103000
us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
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us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
4144000
us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
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CY2018Q3 us-gaap Stockholders Equity
StockholdersEquity
339647000
us-gaap Profit Loss
ProfitLoss
42466000
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
7049000
ceco Provision For Doubtful Accounts Including Discontinued Operations
ProvisionForDoubtfulAccountsIncludingDiscontinuedOperations
32028000
ceco Provision For Doubtful Accounts Including Discontinued Operations
ProvisionForDoubtfulAccountsIncludingDiscontinuedOperations
21579000
us-gaap Share Based Compensation
ShareBasedCompensation
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CY2018Q3 us-gaap Costs And Expenses Related Party
CostsAndExpensesRelatedParty
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CY2018Q3 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
7932000
CY2019Q2 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
30730000
CY2019Q3 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
8888000
CY2018Q3 us-gaap Allowance For Doubtful Accounts Receivable Write Offs
AllowanceForDoubtfulAccountsReceivableWriteOffs
8649000
CY2018Q3 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
23551000
CY2019Q3 us-gaap Proceeds From Recoveries Of Loan Previously Charged Off
ProceedsFromRecoveriesOfLoanPreviouslyChargedOff
600000
CY2018Q3 us-gaap Proceeds From Recoveries Of Loan Previously Charged Off
ProceedsFromRecoveriesOfLoanPreviouslyChargedOff
1800000
ceco Increase Decrease In Operating Assets And Liabilities
IncreaseDecreaseInOperatingAssetsAndLiabilities
16042000
us-gaap Increase Decrease In Deferred Income Taxes
IncreaseDecreaseInDeferredIncomeTaxes
-11174000
ceco Increase Decrease In Operating Assets And Liabilities
IncreaseDecreaseInOperatingAssetsAndLiabilities
66760000
us-gaap Payments To Acquire Available For Sale Securities Debt
PaymentsToAcquireAvailableForSaleSecuritiesDebt
190726000
us-gaap Proceeds From Sale Of Available For Sale Securities Debt
ProceedsFromSaleOfAvailableForSaleSecuritiesDebt
191555000
us-gaap Payments For Capital Improvements
PaymentsForCapitalImprovements
3952000
us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
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us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-3123000
us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
1608000
us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
2692000
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-1366000
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
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us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
44680000
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
13467000
CY2018Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
32731000
us-gaap Nature Of Operations
NatureOfOperations
<p style="margin-bottom:0pt;margin-top:0pt;text-indent:0%;font-weight:bold;font-family:Times New Roman;font-size:10pt;font-style:normal;text-transform:none;font-variant: normal;">1. DESCRIPTION OF THE COMPANY</p> <p style="margin-top:6pt;margin-bottom:0pt;text-indent:4.54%;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Career Education’s academic institutions offer a quality education to a diverse student population in a variety of disciplines through online, campus-based and blended learning programs. Our two regionally accredited universities – Colorado Technical University <span style="font-style:italic;">(“CTU”)</span> and American InterContinental University <span style="font-style:italic;">(“AIU”)</span> – provide degree programs through the master’s or doctoral level as well as associate and bachelor’s levels. Both universities predominantly serve students online with career-focused degree programs that are designed to meet the educational needs of today’s busy adults. CTU and AIU continue to show innovation in higher education, advancing new personalized learning technologies like their intelli<span style="font-weight:bold;">path</span><sup style="font-size:85%;line-height:120%;vertical-align:top">®</sup> learning platform. Career Education is committed to providing quality education that closes the gap between learners who seek to advance their careers and employers needing a qualified workforce.</p> <p style="margin-top:6pt;margin-bottom:0pt;text-indent:4.54%;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">A listing of our university locations and web links to these institutions can be found at <span style="font-style:italic;">www.careered.com.</span></p> <p style="margin-top:6pt;margin-bottom:0pt;text-indent:4.54%;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">As used in this Quarterly Report on Form 10-Q, the terms “we,” “us,” “our,” “the Company” and “CEC” refer to Career Education Corporation and our wholly-owned subsidiaries. The terms “institution” and “university” refer to an individual, branded, for-profit educational institution, owned by us and includes its campus locations. The term “campus” refers to an individual main or branch campus operated by one of our institutions.</p>
CY2019Q3 ceco Number Of Regionally Accredited Universities
NumberOfRegionallyAccreditedUniversities
2
us-gaap Number Of Reportable Segments
NumberOfReportableSegments
2
ceco Short Term Investment Continuous Unrealized Gain Loss Position Period
ShortTermInvestmentContinuousUnrealizedGainLossPositionPeriod
P1Y
CY2019Q3 us-gaap Costs And Expenses Related Party
CostsAndExpensesRelatedParty
338000
us-gaap Costs And Expenses Related Party
CostsAndExpensesRelatedParty
1045000
us-gaap Costs And Expenses Related Party
CostsAndExpensesRelatedParty
1108000
CY2019Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
154959000
CY2019Q3 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.294
CY2019Q3 us-gaap Effective Income Tax Rate Reconciliation Change In Enacted Tax Rate
EffectiveIncomeTaxRateReconciliationChangeInEnactedTaxRate
0.057
ceco Effective Income Tax Rate Reconciliation Change From Discreet Tax Items
EffectiveIncomeTaxRateReconciliationChangeFromDiscreetTaxItems
0.052
CY2018Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
9.59
us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
194000
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Expirations In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExpirationsInPeriod
164000
CY2019Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
2502000
CY2019Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber
1947000
CY2018Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
145690000
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
469253000
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
435791000
CY2019Q3 ceco Gross Deferred Revenue
GrossDeferredRevenue
35611000
CY2018Q4 ceco Gross Deferred Revenue
GrossDeferredRevenue
51694000
CY2019Q3 us-gaap Contract With Customer Asset Gross
ContractWithCustomerAssetGross
11827000
CY2018Q4 us-gaap Contract With Customer Asset Gross
ContractWithCustomerAssetGross
19343000
CY2019Q3 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
23784000
CY2018Q4 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
32351000
CY2019Q2 ceco Gross Deferred Revenue
GrossDeferredRevenue
45801000
CY2018Q2 ceco Gross Deferred Revenue
GrossDeferredRevenue
37260000
CY2019Q3 us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
40345000
CY2018Q3 us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
32921000
CY2019Q3 ceco Current Period Charges
CurrentPeriodCharges
144173000
CY2018Q3 ceco Current Period Charges
CurrentPeriodCharges
167192000
CY2019Q3 ceco Contract With Customers New Revenue During Period
ContractWithCustomersNewRevenueDuringPeriod
113946000
CY2018Q3 ceco Contract With Customers New Revenue During Period
ContractWithCustomersNewRevenueDuringPeriod
111961000
CY2019Q3 ceco Deferred Revenue Other Adjustments
DeferredRevenueOtherAdjustments
72000
CY2018Q3 ceco Deferred Revenue Other Adjustments
DeferredRevenueOtherAdjustments
791000
CY2019Q3 ceco Gross Deferred Revenue
GrossDeferredRevenue
35611000
CY2018Q3 ceco Gross Deferred Revenue
GrossDeferredRevenue
58779000
CY2018Q4 ceco Gross Deferred Revenue
GrossDeferredRevenue
51694000
CY2017Q4 ceco Gross Deferred Revenue
GrossDeferredRevenue
39544000
us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
44068000
us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
36606000
ceco Current Period Charges
CurrentPeriodCharges
449514000
ceco Current Period Charges
CurrentPeriodCharges
453176000
ceco Contract With Customers New Revenue During Period
ContractWithCustomersNewRevenueDuringPeriod
423230000
ceco Contract With Customers New Revenue During Period
ContractWithCustomersNewRevenueDuringPeriod
397130000
ceco Deferred Revenue Other Adjustments
DeferredRevenueOtherAdjustments
-1701000
ceco Deferred Revenue Other Adjustments
DeferredRevenueOtherAdjustments
205000
CY2019Q3 ceco Gross Deferred Revenue
GrossDeferredRevenue
35611000
CY2018Q3 ceco Gross Deferred Revenue
GrossDeferredRevenue
58779000
CY2019Q3 ceco Refund Liability Reserve
RefundLiabilityReserve
1100000
CY2018Q4 ceco Refund Liability Reserve
RefundLiabilityReserve
900000
CY2019Q3 us-gaap Accounts Receivable Net Noncurrent
AccountsReceivableNetNoncurrent
1100000
CY2018Q4 us-gaap Accounts Receivable Net Noncurrent
AccountsReceivableNetNoncurrent
900000
CY2019Q3 us-gaap Allowance For Doubtful Accounts Receivable Write Offs
AllowanceForDoubtfulAccountsReceivableWriteOffs
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CY2019Q3 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
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CY2018Q2 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
24268000
CY2018Q4 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
24836000
ceco Expense For Restricted Stock Units Settled In Cash
ExpenseForRestrictedStockUnitsSettledInCash
2000000.0
CY2019Q3 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
1853000
CY2018Q3 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
1875000
ceco Expense For Performance Unit Awards Expense Settled In Cash
ExpenseForPerformanceUnitAwardsExpenseSettledInCash
2900000
ceco Expense For Performance Unit Awards Expense Settled In Cash
ExpenseForPerformanceUnitAwardsExpenseSettledInCash
2500000
CY2018Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
69737000
CY2019Q3 ceco Common Stock Equivalents
CommonStockEquivalents
2000000
CY2019Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
72142000
us-gaap Sublease Income
SubleaseIncome
3300000
us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
32042000
us-gaap Allowance For Doubtful Accounts Receivable Write Offs
AllowanceForDoubtfulAccountsReceivableWriteOffs
27881000
CY2019Q3 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
28997000
CY2017Q4 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
22534000
us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
21675000
us-gaap Allowance For Doubtful Accounts Receivable Write Offs
AllowanceForDoubtfulAccountsReceivableWriteOffs
20658000
ceco Operating Lease Expiration Date
OperatingLeaseExpirationDate
2028
CY2019Q3 ceco Fixed Operating Lease Expenses
FixedOperatingLeaseExpenses
3046000
ceco Fixed Operating Lease Expenses
FixedOperatingLeaseExpenses
9751000
CY2019Q3 ceco Variable Operating Lease Expenses
VariableOperatingLeaseExpenses
2196000
ceco Variable Operating Lease Expenses
VariableOperatingLeaseExpenses
6830000
CY2019Q3 us-gaap Sublease Income
SubleaseIncome
1075000
us-gaap Sublease Income
SubleaseIncome
3332000
CY2019Q3 us-gaap Lease Cost
LeaseCost
4167000
us-gaap Lease Cost
LeaseCost
13249000
CY2019Q3 us-gaap Operating Lease Payments
OperatingLeasePayments
7400000
us-gaap Operating Lease Payments
OperatingLeasePayments
25503000
CY2019Q3 ceco Operating Cash Flows From Subleases
OperatingCashFlowsFromSubleases
1112000
ceco Operating Cash Flows From Subleases
OperatingCashFlowsFromSubleases
3417000
CY2019Q3 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.052
CY2018Q4 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
21884000
CY2018Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
17728000
CY2018Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
12070000
CY2018Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
8638000
CY2018Q4 ceco Lessee Operating Lease Liability Payments Due Year Five And Thereafter
LesseeOperatingLeaseLiabilityPaymentsDueYearFiveAndThereafter
22298000
CY2018Q4 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
82618000
ceco Number Of Subleases
NumberOfSubleases
12
ceco Number Of Leased Facilities Which Are Subleased
NumberOfLeasedFacilitiesWhichAreSubleased
8
CY2019Q3 ceco Future Minimum Sublease Rentals Under Operating Leases Within One Year
FutureMinimumSubleaseRentalsUnderOperatingLeasesWithinOneYear
649000
CY2019Q3 ceco Future Minimum Sublease Rentals Under Operating Leases Within Two Years
FutureMinimumSubleaseRentalsUnderOperatingLeasesWithinTwoYears
2765000
CY2019Q3 ceco Future Minimum Sublease Rentals Under Operating Leases Within Three Years
FutureMinimumSubleaseRentalsUnderOperatingLeasesWithinThreeYears
1081000
CY2019Q3 ceco Future Minimum Sublease Rentals Under Operating Leases Within Four Years
FutureMinimumSubleaseRentalsUnderOperatingLeasesWithinFourYears
777000
CY2019Q3 ceco Future Minimum Sublease Rentals Under Operating Leases In Five Years And Thereafter
FutureMinimumSubleaseRentalsUnderOperatingLeasesInFiveYearsAndThereafter
330000
ceco Number Of Leases Related To Ongoing Operations
NumberOfLeasesRelatedToOngoingOperations
9
ceco Number Of Leases Related To Closed Campuses
NumberOfLeasesRelatedToClosedCampuses
8
CY2018Q4 us-gaap Prepaid Expense Current
PrepaidExpenseCurrent
7771000
CY2018Q4 us-gaap Deferred Income Tax Assets Net
DeferredIncomeTaxAssetsNet
81628000
CY2018Q4 us-gaap Disposal Group Including Discontinued Operation Assets Noncurrent
DisposalGroupIncludingDiscontinuedOperationAssetsNoncurrent
178000
CY2018Q4 us-gaap Other Accrued Liabilities Current
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19668000
CY2018Q4 us-gaap Liabilities Of Disposal Group Including Discontinued Operation Current
LiabilitiesOfDisposalGroupIncludingDiscontinuedOperationCurrent
536000
CY2018Q4 us-gaap Deferred Rent Credit Noncurrent
DeferredRentCreditNoncurrent
12745000
CY2018Q4 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
17493000
CY2018Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-52946000
us-gaap Loss Contingency New Claims Filed Number
LossContingencyNewClaimsFiledNumber
310
CY2019Q3 ceco Settlement Reserve
SettlementReserve
7100000
CY2019Q3 ceco Settlement Reserve
SettlementReserve
7100000
CY2019Q3 us-gaap Escrow Deposit
EscrowDeposit
30000000.0
CY2019Q3 us-gaap Replacement Reserve Escrow
ReplacementReserveEscrow
30000000.0
CY2019Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
26046000
CY2018Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
20157000
us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
59422000
us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
53343000
CY2019Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
7653000
CY2018Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
5089000
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
16362000
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
11527000
CY2018Q3 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.252
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.275
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.216
CY2018Q4 ceco Deferred Tax Assets Valuation Allowance Related To Foreign Tax Credits State Net Operating Loss And Edge Credits
DeferredTaxAssetsValuationAllowanceRelatedToForeignTaxCreditsStateNetOperatingLossAndEdgeCredits
48000000.0
CY2019Q2 us-gaap Valuation Allowance Deferred Tax Asset Change In Amount
ValuationAllowanceDeferredTaxAssetChangeInAmount
800000
CY2019Q3 ceco Deferred Tax Assets Valuation Allowance Related To Foreign Tax Credits State Net Operating Loss And Edge Credits
DeferredTaxAssetsValuationAllowanceRelatedToForeignTaxCreditsStateNetOperatingLossAndEdgeCredits
47200000
us-gaap Effective Income Tax Rate Reconciliation Change In Enacted Tax Rate
EffectiveIncomeTaxRateReconciliationChangeInEnactedTaxRate
0.065
CY2019Q3 ceco Effective Income Tax Rate Reconciliation Change From Discreet Tax Items
EffectiveIncomeTaxRateReconciliationChangeFromDiscreetTaxItems
0.024
ceco Effective Income Tax Rate Reconciliation Change From Discreet Tax Items
EffectiveIncomeTaxRateReconciliationChangeFromDiscreetTaxItems
0.048
CY2018Q3 ceco Effective Income Tax Rate Reconciliation Change From Discreet Tax Items
EffectiveIncomeTaxRateReconciliationChangeFromDiscreetTaxItems
0.027
ceco Share Based Compensation Arrangement By Share Based Payment Award Deferred Stock Unit Vested In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardDeferredStockUnitVestedInPeriod
3000
ceco Share Based Compensation Arrangement By Share Based Payment Award Deferred Stock Units Vested Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardDeferredStockUnitsVestedWeightedAverageGrantDateFairValue
5.56
ceco Share Based Compensation Arrangement By Share Based Payment Award Deferred Stock Units Forfeited In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardDeferredStockUnitsForfeitedInPeriod
0
ceco Share Based Compensation Arrangement By Share Based Payment Award Deferred Stock Units Nonvested Forfeited Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardDeferredStockUnitsNonvestedForfeitedWeightedAverageGrantDateFairValue
0
CY2019Q3 ceco Share Based Compensation Arrangement By Share Based Payment Award Deferred Stock Units Unreleased Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardDeferredStockUnitsUnreleasedNumber
73000
CY2019Q3 ceco Share Based Compensation Arrangement By Share Based Payment Award Deferred Stock Units Unreleased Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardDeferredStockUnitsUnreleasedWeightedAverageGrantDateFairValue
4.39
ceco Restricted Stock Units To Be Settled In Cash Exercisable In Percentage
RestrictedStockUnitsToBeSettledInCashExercisableInPercentage
0.25
CY2019Q3 us-gaap Significant Change In Unrecognized Tax Benefits Is Reasonably Possible Amount Of Unrecorded Benefit
SignificantChangeInUnrecognizedTaxBenefitsIsReasonablyPossibleAmountOfUnrecordedBenefit
1600000
CY2019Q3 us-gaap Unrecognized Tax Benefits Income Tax Penalties And Interest Accrued
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestAccrued
1800000
CY2019Q3 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized
16000000.0
us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Expiration Period
SharebasedCompensationArrangementBySharebasedPaymentAwardExpirationPeriod
P4Y
CY2018Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
2818000
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
42000
us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
21.29
us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
5.73
us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Expirations In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExpirationsInPeriodWeightedAverageExercisePrice
22.62
CY2019Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
9.23
CY2019Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice
9.01
ceco Restricted Stock Units To Be Settled In Shares Exercisable In Percentage
RestrictedStockUnitsToBeSettledInSharesExercisableInPercentage
0.25
CY2018Q4 ceco Share Based Compensation Arrangement By Share Based Payment Award Deferred Stock Units Unreleased Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardDeferredStockUnitsUnreleasedNumber
76000
CY2018Q4 ceco Share Based Compensation Arrangement By Share Based Payment Award Deferred Stock Units Unreleased Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardDeferredStockUnitsUnreleasedWeightedAverageGrantDateFairValue
4.44
ceco Share Based Compensation Arrangement By Share Based Payment Award Deferred Stock Units Grants In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardDeferredStockUnitsGrantsInPeriod
0
ceco Share Based Compensation Arrangement By Share Based Payment Award Deferred Stock Units Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardDeferredStockUnitsGrantsInPeriodWeightedAverageGrantDateFairValue
0
CY2018Q4 ceco Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Non Vested Number Settled In Cash
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonVestedNumberSettledInCash
213000
ceco Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Vested Settled In Cash
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedSettledInCash
125000
ceco Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Forfeited Settled In Cash
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeitedSettledInCash
2000
CY2019Q3 ceco Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Non Vested Number Settled In Cash
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonVestedNumberSettledInCash
86000
ceco Expense For Restricted Stock Units Settled In Cash
ExpenseForRestrictedStockUnitsSettledInCash
1800000
CY2019Q3 ceco Expense For Restricted Stock Units Settled In Cash
ExpenseForRestrictedStockUnitsSettledInCash
300000
CY2018Q3 ceco Expense For Restricted Stock Units Settled In Cash
ExpenseForRestrictedStockUnitsSettledInCash
400000
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
5688000
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
6127000
CY2019Q3 ceco Expense For Performance Unit Awards Expense Settled In Cash
ExpenseForPerformanceUnitAwardsExpenseSettledInCash
800000
CY2018Q3 us-gaap Discontinued Operation Income Loss From Discontinued Operation Before Income Tax
DiscontinuedOperationIncomeLossFromDiscontinuedOperationBeforeIncomeTax
-277000
CY2018Q3 ceco Expense For Performance Unit Awards Expense Settled In Cash
ExpenseForPerformanceUnitAwardsExpenseSettledInCash
900000
CY2019Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
70142000
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
70029000
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
69542000
CY2018Q3 ceco Common Stock Equivalents
CommonStockEquivalents
2053000
ceco Common Stock Equivalents
CommonStockEquivalents
1872000
ceco Common Stock Equivalents
CommonStockEquivalents
1883000
CY2018Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
71790000
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
71901000
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
71425000
us-gaap Number Of Reportable Segments
NumberOfReportableSegments
2
CY2019Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
154959000
CY2019Q3 ceco Percentage Of Revenue
PercentageOfRevenue
1.000
CY2018Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
145690000
CY2018Q3 ceco Percentage Of Revenue
PercentageOfRevenue
1.000
CY2019Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
24294000
CY2018Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
19283000
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
469253000
ceco Percentage Of Revenue
PercentageOfRevenue
1.000
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
435791000
ceco Percentage Of Revenue
PercentageOfRevenue
1.000
us-gaap Operating Income Loss
OperatingIncomeLoss
54449000
us-gaap Operating Income Loss
OperatingIncomeLoss
51115000
CY2019Q3 us-gaap Assets
Assets
598807000
CY2018Q4 us-gaap Assets
Assets
482493000
us-gaap Discontinued Operation Income Loss From Discontinued Operation Before Income Tax
DiscontinuedOperationIncomeLossFromDiscontinuedOperationBeforeIncomeTax
-775000
CY2019Q3 us-gaap Disposal Group Including Discontinued Operation Operating Expense
DisposalGroupIncludingDiscontinuedOperationOperatingExpense
208000
CY2018Q3 us-gaap Disposal Group Including Discontinued Operation Operating Expense
DisposalGroupIncludingDiscontinuedOperationOperatingExpense
277000
us-gaap Disposal Group Including Discontinued Operation Operating Expense
DisposalGroupIncludingDiscontinuedOperationOperatingExpense
775000
us-gaap Disposal Group Including Discontinued Operation Operating Expense
DisposalGroupIncludingDiscontinuedOperationOperatingExpense
922000
CY2019Q3 us-gaap Discontinued Operation Income Loss From Discontinued Operation Before Income Tax
DiscontinuedOperationIncomeLossFromDiscontinuedOperationBeforeIncomeTax
-208000
us-gaap Discontinued Operation Income Loss From Discontinued Operation Before Income Tax
DiscontinuedOperationIncomeLossFromDiscontinuedOperationBeforeIncomeTax
-922000
CY2019Q3 us-gaap Discontinued Operation Tax Effect Of Discontinued Operation
DiscontinuedOperationTaxEffectOfDiscontinuedOperation
-49000
CY2018Q3 us-gaap Discontinued Operation Tax Effect Of Discontinued Operation
DiscontinuedOperationTaxEffectOfDiscontinuedOperation
-66000
us-gaap Discontinued Operation Tax Effect Of Discontinued Operation
DiscontinuedOperationTaxEffectOfDiscontinuedOperation
-181000
us-gaap Discontinued Operation Tax Effect Of Discontinued Operation
DiscontinuedOperationTaxEffectOfDiscontinuedOperation
-216000
CY2019Q3 us-gaap Income Loss From Discontinued Operations Net Of Tax
IncomeLossFromDiscontinuedOperationsNetOfTax
-159000
CY2018Q3 us-gaap Income Loss From Discontinued Operations Net Of Tax
IncomeLossFromDiscontinuedOperationsNetOfTax
-211000
us-gaap Income Loss From Discontinued Operations Net Of Tax
IncomeLossFromDiscontinuedOperationsNetOfTax
-594000
us-gaap Income Loss From Discontinued Operations Net Of Tax
IncomeLossFromDiscontinuedOperationsNetOfTax
-706000
CY2019Q3 us-gaap Disposal Group Including Discontinued Operation Deferred Tax Assets Noncurrent
DisposalGroupIncludingDiscontinuedOperationDeferredTaxAssetsNoncurrent
178000
CY2018Q4 us-gaap Disposal Group Including Discontinued Operation Deferred Tax Assets Noncurrent
DisposalGroupIncludingDiscontinuedOperationDeferredTaxAssetsNoncurrent
178000
CY2019Q3 us-gaap Assets Of Disposal Group Including Discontinued Operation
AssetsOfDisposalGroupIncludingDiscontinuedOperation
178000
CY2018Q4 us-gaap Assets Of Disposal Group Including Discontinued Operation
AssetsOfDisposalGroupIncludingDiscontinuedOperation
178000
CY2019Q3 us-gaap Disposal Group Including Discontinued Operation Accounts Payable And Accrued Liabilities
DisposalGroupIncludingDiscontinuedOperationAccountsPayableAndAccruedLiabilities
3000
CY2018Q4 us-gaap Disposal Group Including Discontinued Operation Accounts Payable And Accrued Liabilities
DisposalGroupIncludingDiscontinuedOperationAccountsPayableAndAccruedLiabilities
51000
CY2018Q4 ceco Disposal Group Including Discontinued Operation Remaining Lease Obligations Current
DisposalGroupIncludingDiscontinuedOperationRemainingLeaseObligationsCurrent
485000
CY2019Q3 us-gaap Liabilities Of Disposal Group Including Discontinued Operation Current
LiabilitiesOfDisposalGroupIncludingDiscontinuedOperationCurrent
3000
CY2018Q4 us-gaap Liabilities Of Disposal Group Including Discontinued Operation Current
LiabilitiesOfDisposalGroupIncludingDiscontinuedOperationCurrent
536000
CY2019Q3 us-gaap Liabilities Of Disposal Group Including Discontinued Operation
LiabilitiesOfDisposalGroupIncludingDiscontinuedOperation
3000
CY2018Q4 us-gaap Liabilities Of Disposal Group Including Discontinued Operation
LiabilitiesOfDisposalGroupIncludingDiscontinuedOperation
536000

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