$STRA
Strategic Education Inc Stock $stra

$stra Overview Financials Valuation SEC Filings Company Website

2019 Q4 Form 10-Q Financial Statement

#000101393419000012 Filed on November 07, 2019

Income Statement

Concept	2019 Q4	2019 Q3	2018 Q4
Revenue	$263.8M	$241.7M	$242.1M
YoY Change	8.95%	50.2%	103.96%
Cost Of Revenue	$133.3M	$132.5M	$118.3M
YoY Change	12.68%	42.02%	81.72%
Gross Profit	$130.4M	$109.2M	$123.8M
YoY Change	5.33%	61.3%	130.97%
Gross Profit Margin	49.44%	45.17%	51.14%
Selling, General & Admin	$67.60M	$71.80M	$80.90M
YoY Change	-16.44%	-2.97%	93.08%
% of Gross Profit	51.84%	65.75%	65.35%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization	$26.00M	$26.40M	$25.40M
YoY Change	2.36%	37.5%	408.0%
% of Gross Profit	19.94%	24.18%	20.52%
Operating Expenses	$83.10M	$87.20M	$96.30M
YoY Change	-13.71%	3.32%	129.83%
Operating Profit	$37.21M	$20.00M	$18.88M
YoY Change	97.15%	-135.01%	61.32%
Interest Expense	$55.00M	-$100.0K	-$800.0K
YoY Change	-6975.0%	-99.25%	-500.0%
% of Operating Profit	147.8%	-0.5%	-4.24%
Other Income/Expense, Net	-$52.50M	$3.300M	$2.000M
YoY Change	-2725.0%	153.85%
Pretax Income	$39.70M	$23.24M	$20.60M
YoY Change	92.72%	-141.49%	73.11%
Income Tax	$11.20M	$6.551M	-$1.800M
% Of Pretax Income	28.21%	28.18%	-8.74%
Net Earnings	$28.54M	$16.69M	$22.46M
YoY Change	27.09%	-131.63%	-445.46%
Net Earnings / Revenue	10.82%	6.9%	9.27%
Basic Earnings Per Share	$1.31	$0.77	$1.05
Diluted Earnings Per Share	$1.29	$0.75	$1.02
COMMON SHARES
Basic Shares Outstanding	21.96M shares	21.81M shares
Diluted Shares Outstanding		22.13M shares

Balance Sheet

Concept	2019 Q4	2019 Q3	2018 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments	$454.6M	$430.5M	$348.9M
YoY Change	30.3%	36.9%	123.77%
Cash & Equivalents	$419.7M	$397.1M	$311.7M
Short-Term Investments	$34.87M	$33.46M	$37.12M
Other Short-Term Assets	$18.00M	$17.13M	$15.81M
YoY Change	13.85%	-1.55%	39.95%
Inventory
Prepaid Expenses
Receivables	$51.52M	$50.96M	$55.69M
Other Receivables	$0.00	$6.900M	$0.00
Total Short-Term Assets	$524.1M	$505.6M	$420.4M
YoY Change	24.68%	29.18%	120.89%
LONG-TERM ASSETS
Property, Plant & Equipment	$117.0M	$116.5M	$122.7M
YoY Change	-4.6%	-6.51%	66.23%
Goodwill	$732.1M	$732.1M	$732.5M
YoY Change	-0.06%		3431.33%
Intangibles	$273.0M	$286.8M	$328.3M
YoY Change	-16.85%
Long-Term Investments	$15.80M	$15.56M	$13.45M
YoY Change	17.44%	-53.27%
Other Assets	$21.79M	$20.44M	$19.43M
YoY Change	12.14%	-11.54%	-46.62%
Total Long-Term Assets	$1.265B	$1.276B	$1.241B
YoY Change	1.99%	1.7%	847.07%
TOTAL ASSETS
Total Short-Term Assets	$524.1M	$505.6M	$420.4M
Total Long-Term Assets	$1.265B	$1.276B	$1.241B
Total Assets	$1.789B	$1.781B	$1.661B
YoY Change	7.73%	8.23%	416.97%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable	$84.40M	$79.90M	$76.20M
YoY Change	10.76%	13.82%	76.8%
Accrued Expenses	$25.30M	$26.20M
YoY Change
Deferred Revenue	$39.28M	$45.57M	$38.73M
YoY Change	1.42%
Short-Term Debt	$0.00	$0.00	$0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities	$156.7M	$157.8M	$125.1M
YoY Change	25.27%	35.94%	81.09%
LONG-TERM LIABILITIES
Long-Term Debt	$0.00	$0.00	$0.00
YoY Change
Other Long-Term Liabilities	$41.45M	$1.993M	$1.263M
YoY Change	3181.95%	-96.02%	-97.06%
Total Long-Term Liabilities	$41.45M	$1.993M	$1.263M
YoY Change	3181.95%	-96.02%	-97.06%
TOTAL LIABILITIES
Total Short-Term Liabilities	$156.7M	$157.8M	$125.1M
Total Long-Term Liabilities	$41.45M	$1.993M	$1.263M
Total Liabilities	$326.7M	$336.5M	$235.8M
YoY Change	38.55%	41.76%	110.35%
SHAREHOLDERS EQUITY
Retained Earnings	$152.8M	$137.6M	$118.3M
YoY Change	29.16%
Common Stock	$1.310B	$1.307B	$1.307B
YoY Change	0.21%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity	$1.463B	$1.445B	$1.425B
YoY Change
Total Liabilities & Shareholders Equity	$1.789B	$1.781B	$1.661B
YoY Change	7.73%	8.23%	416.97%

Cashflow Statement

Concept	2019 Q4	2019 Q3	2018 Q4
OPERATING ACTIVITIES
Net Income	$28.54M	$16.69M	$22.46M
YoY Change	27.09%	-131.63%	-445.46%
Depreciation, Depletion And Amortization	$26.00M	$26.40M	$25.40M
YoY Change	2.36%	37.5%	408.0%
Cash From Operating Activities	$60.70M	$38.30M	$61.50M
YoY Change	-1.3%	-185.87%	421.19%
INVESTING ACTIVITIES
Capital Expenditures	-$10.90M	-$8.900M	-$11.50M
YoY Change	-5.22%	20.27%	228.57%
Acquisitions
YoY Change
Other Investing Activities	-$13.60M	$4.800M	-$5.000M
YoY Change	172.0%	-97.05%
Cash From Investing Activities	-$24.50M	-$4.100M	-$16.60M
YoY Change	47.59%	-102.64%	374.29%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities	-13.30M	-12.70M	-9.600M
YoY Change	38.54%	118.97%	242.86%
NET CHANGE
Cash From Operating Activities	60.70M	38.30M	61.50M
Cash From Investing Activities	-24.50M	-4.100M	-16.60M
Cash From Financing Activities	-13.30M	-12.70M	-9.600M
Net Change In Cash	22.90M	21.50M	35.30M
YoY Change	-35.13%	-79.5%	541.82%
FREE CASH FLOW
Cash From Operating Activities	$60.70M	$38.30M	$61.50M
Capital Expenditures	-$10.90M	-$8.900M	-$11.50M
Free Cash Flow	$71.60M	$47.20M	$73.00M
YoY Change	-1.92%	-226.88%	377.12%

Facts In Submission

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	stra	Numberofyearsneededwithcombinationofzoneandfailingdesignations Numberofyearsneededwithcombinationofzoneandfailingdesignations	P4Y
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	dei	Document Type DocumentType	10-Q
	dei	Document Quarterly Report DocumentQuarterlyReport	true
	dei	Document Period End Date DocumentPeriodEndDate	2019-09-30
	dei	Document Transition Report DocumentTransitionReport	false
	dei	Entity File Number EntityFileNumber	0-21039
	dei	Entity Registrant Name EntityRegistrantName	Strategic Education, Inc.
	dei	Entity Incorporation State Country Code EntityIncorporationStateCountryCode	MD
	dei	Entity Tax Identification Number EntityTaxIdentificationNumber	52-1975978
	dei	Entity Address Address Line1 EntityAddressAddressLine1	2303 Dulles Station Boulevard
	dei	Entity Address City Or Town EntityAddressCityOrTown	Herndon,
	dei	Entity Filer Category EntityFilerCategory	Large Accelerated Filer
	dei	Security12b Title Security12bTitle	Common Stock, $0.01 par value
	dei	Entity Address State Or Province EntityAddressStateOrProvince	VA
	dei	Entity Address Postal Zip Code EntityAddressPostalZipCode	20171
	dei	City Area Code CityAreaCode	703
	dei	Local Phone Number LocalPhoneNumber	561-1600
	dei	Trading Symbol TradingSymbol	STRA
	dei	Security Exchange Name SecurityExchangeName	NASDAQ
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CY2019Q3	us-gaap	Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax	-2000	USD
	us-gaap	Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax	-22000	USD
	us-gaap	Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax	415000	USD
CY2018Q3	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	-52803000	USD
CY2019Q3	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	16690000	USD
	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	-38148000	USD
	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	53016000	USD
CY2018Q2	us-gaap	Stockholders Equity StockholdersEquity	223840000	USD
CY2018Q3	us-gaap	Stock Issued During Period Value Acquisitions StockIssuedDuringPeriodValueAcquisitions	1236961000	USD
CY2018Q3	us-gaap	Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue	5098000	USD
CY2018Q3	us-gaap	Stock Issued During Period Value Stock Options Exercised StockIssuedDuringPeriodValueStockOptionsExercised	6831000	USD
CY2018Q3	us-gaap	Stock Issued During Period Value Restricted Stock Award Net Of Forfeitures StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures	-426000	USD
CY2018Q3	us-gaap	Dividends Common Stock Cash DividendsCommonStockCash	11024000	USD
CY2018Q3	us-gaap	Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax	-22000	USD
CY2018Q3	us-gaap	Net Income Loss NetIncomeLoss	-52781000	USD
CY2018Q3	us-gaap	Stockholders Equity StockholdersEquity	1408330000	USD
CY2019Q2	us-gaap	Stockholders Equity StockholdersEquity	1437876000	USD
CY2019Q3	us-gaap	Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue	3021000	USD
CY2019Q3	us-gaap	Stock Issued During Period Value Stock Options Exercised StockIssuedDuringPeriodValueStockOptionsExercised	-1564000	USD
CY2019Q3	us-gaap	Stock Issued During Period Value Restricted Stock Award Net Of Forfeitures StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures	-251000	USD
CY2019Q3	us-gaap	Dividends Common Stock Cash DividendsCommonStockCash	11113000	USD
CY2019Q3	us-gaap	Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax	-2000	USD
CY2019Q3	us-gaap	Net Income Loss NetIncomeLoss	16692000	USD
CY2019Q3	us-gaap	Stockholders Equity StockholdersEquity	1444659000	USD
CY2017Q4	us-gaap	Stockholders Equity StockholdersEquity	209197000	USD
	us-gaap	Stock Issued During Period Value Acquisitions StockIssuedDuringPeriodValueAcquisitions	1236961000	USD
	us-gaap	Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue	11035000	USD
	us-gaap	Stock Issued During Period Value Stock Options Exercised StockIssuedDuringPeriodValueStockOptionsExercised	6831000	USD
	us-gaap	Stock Issued During Period Value Restricted Stock Award Net Of Forfeitures StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures	-426000	USD
	us-gaap	Dividends Common Stock Cash DividendsCommonStockCash	16802000	USD
	us-gaap	Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax	-22000	USD
	us-gaap	Net Income Loss NetIncomeLoss	-38126000	USD
CY2018Q3	us-gaap	Stockholders Equity StockholdersEquity	1408330000	USD
CY2018Q4	us-gaap	Stockholders Equity StockholdersEquity	1425224000	USD
	us-gaap	Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue	9030000	USD
	us-gaap	Stock Issued During Period Value Stock Options Exercised StockIssuedDuringPeriodValueStockOptionsExercised	-1772000	USD
	us-gaap	Stock Issued During Period Value Restricted Stock Award Net Of Forfeitures StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures	-7472000	USD
	us-gaap	Dividends Common Stock Cash DividendsCommonStockCash	33367000	USD
	us-gaap	Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax	415000	USD
	us-gaap	Net Income Loss NetIncomeLoss	52601000	USD
CY2019Q3	us-gaap	Stockholders Equity StockholdersEquity	1444659000	USD
	us-gaap	Profit Loss ProfitLoss	-38126000	USD
	us-gaap	Profit Loss ProfitLoss	52601000	USD
	us-gaap	Amortization Of Financing Costs AmortizationOfFinancingCosts	209000	USD
	us-gaap	Amortization Of Financing Costs AmortizationOfFinancingCosts	250000	USD
	us-gaap	Accretion Amortization Of Discounts And Premiums Investments AccretionAmortizationOfDiscountsAndPremiumsInvestments	-132000	USD
	us-gaap	Accretion Amortization Of Discounts And Premiums Investments AccretionAmortizationOfDiscountsAndPremiumsInvestments	-286000	USD
	us-gaap	Depreciation And Amortization DepreciationAndAmortization	29107000	USD
	us-gaap	Depreciation And Amortization DepreciationAndAmortization	78862000	USD
	us-gaap	Deferred Income Tax Expense Benefit DeferredIncomeTaxExpenseBenefit	-4443000	USD
	us-gaap	Deferred Income Tax Expense Benefit DeferredIncomeTaxExpenseBenefit	971000	USD
	us-gaap	Share Based Compensation ShareBasedCompensation	11781000	USD
	us-gaap	Share Based Compensation ShareBasedCompensation	9075000	USD
	us-gaap	Increase Decrease In Contract With Customer Liability IncreaseDecreaseInContractWithCustomerLiability	-21946000	USD
	us-gaap	Increase Decrease In Accrued Income Taxes Payable IncreaseDecreaseInAccruedIncomeTaxesPayable	-7868000	USD
	us-gaap	Increase Decrease In Accrued Income Taxes Payable IncreaseDecreaseInAccruedIncomeTaxesPayable	-7125000	USD
	us-gaap	Increase Decrease In Contract With Customer Liability IncreaseDecreaseInContractWithCustomerLiability	10311000	USD
	us-gaap	Increase Decrease In Other Noncurrent Liabilities IncreaseDecreaseInOtherNoncurrentLiabilities	-3717000	USD
	us-gaap	Increase Decrease In Other Noncurrent Liabilities IncreaseDecreaseInOtherNoncurrentLiabilities	-2412000	USD
	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	-14647000	USD
	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	141407000	USD
	stra	Impairmentof Intangible Assets Indefinitelived Including Goodwill ImpairmentofIntangibleAssetsIndefinitelivedIncludingGoodwill	19304000	USD
	stra	Impairmentof Intangible Assets Indefinitelived Including Goodwill ImpairmentofIntangibleAssetsIndefinitelivedIncludingGoodwill	0	USD
	us-gaap	Increase Decrease In Accounts Receivable IncreaseDecreaseInAccountsReceivable	-8227000	USD
	us-gaap	Increase Decrease In Accounts Receivable IncreaseDecreaseInAccountsReceivable	-2258000	USD
	us-gaap	Increase Decrease In Prepaid Deferred Expense And Other Assets IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets	-2223000	USD
	us-gaap	Increase Decrease In Prepaid Deferred Expense And Other Assets IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets	921000	USD
	us-gaap	Increase Decrease In Other Operating Assets IncreaseDecreaseInOtherOperatingAssets	581000	USD
	us-gaap	Increase Decrease In Other Operating Assets IncreaseDecreaseInOtherOperatingAssets	727000	USD
	us-gaap	Increase Decrease In Accounts Payable And Accrued Liabilities IncreaseDecreaseInAccountsPayableAndAccruedLiabilities	-8949000	USD
	us-gaap	Increase Decrease In Accounts Payable And Accrued Liabilities IncreaseDecreaseInAccountsPayableAndAccruedLiabilities	-2022000	USD
	us-gaap	Cash Acquired From Acquisition CashAcquiredFromAcquisition	168387000	USD
	us-gaap	Cash Acquired From Acquisition CashAcquiredFromAcquisition	0	USD
	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	16028000	USD
	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	27769000	USD
	us-gaap	Payments To Acquire Available For Sale Securities Debt PaymentsToAcquireAvailableForSaleSecuritiesDebt	11346000	USD
	us-gaap	Payments To Acquire Available For Sale Securities Debt PaymentsToAcquireAvailableForSaleSecuritiesDebt	17769000	USD
	us-gaap	Proceeds From Maturities Prepayments And Calls Of Available For Sale Securities ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities	5842000	USD
	us-gaap	Proceeds From Maturities Prepayments And Calls Of Available For Sale Securities ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities	32860000	USD
	us-gaap	Payments To Acquire Investments PaymentsToAcquireInvestments	167000	USD
	us-gaap	Payments To Acquire Investments PaymentsToAcquireInvestments	878000	USD
	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	146688000	USD
	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-13556000	USD
	us-gaap	Payments Of Dividends Common Stock PaymentsOfDividendsCommonStock	16802000	USD
	us-gaap	Payments Of Dividends Common Stock PaymentsOfDividendsCommonStock	33297000	USD
	stra	Paymentsfor Proceedsfromof Share Based Compensation Net PaymentsforProceedsfromofShareBasedCompensationNet	-6372000	USD
	stra	Paymentsfor Proceedsfromof Share Based Compensation Net PaymentsforProceedsfromofShareBasedCompensationNet	9195000	USD
	us-gaap	Payments Of Financing Costs PaymentsOfFinancingCosts	1162000	USD
	us-gaap	Payments Of Financing Costs PaymentsOfFinancingCosts	0	USD
	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	-11592000	USD
	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	-42492000	USD
	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect	120449000	USD
	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect	85359000	USD
CY2017Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	156448000	USD
CY2018Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	312237000	USD
CY2018Q3	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	276897000	USD
CY2019Q3	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	397596000	USD
	us-gaap	Fair Value Of Assets Acquired FairValueOfAssetsAcquired	2975000	USD
	us-gaap	Fair Value Of Assets Acquired FairValueOfAssetsAcquired	1821000	USD
CY2019Q3	us-gaap	Allowance For Doubtful Accounts Receivable Write Offs AllowanceForDoubtfulAccountsReceivableWriteOffs	11314000	USD
	us-gaap	Allowance For Doubtful Accounts Receivable Write Offs AllowanceForDoubtfulAccountsReceivableWriteOffs	16744000	USD
	us-gaap	Nature Of Operations NatureOfOperations	<div style="line-height:120%;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;font-weight:bold;">Nature of Operations</span></div><div style="line-height:120%;padding-top:13px;text-align:justify;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">Strategic Education, Inc. (“Strategic Education” or the “Company”), a Maryland corporation formerly known as Strayer Education, Inc., is a national leader in education innovation, dedicated to enabling economic mobility for working adults through education. As further discussed in Note 2 and Note 3, the Company completed its merger with Capella Education Company (“CEC”) on August 1, 2018. The accompanying condensed consolidated financial statements and footnotes include the results of the Company’s </span><span style="font-family:inherit;font-size:10pt;"><span>three</span></span><span style="font-family:inherit;font-size:10pt;"> reportable segments: Strayer University, Capella University and Non-Degree Programs. The Company’s reportable segments are discussed further in Note 15.</span></div>
	us-gaap	Number Of Reportable Segments NumberOfReportableSegments	3	segment
CY2018Q1	us-gaap	Operating Costs And Expenses OperatingCostsAndExpenses	68452000	USD
CY2018Q1	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	31342000	USD
CY2018Q2	us-gaap	Operating Costs And Expenses OperatingCostsAndExpenses	69299000	USD
CY2018Q2	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	32176000	USD
CY2018Q3	us-gaap	Operating Costs And Expenses OperatingCostsAndExpenses	103079000	USD
CY2018Q3	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	61976000	USD
CY2018Q4	us-gaap	Operating Costs And Expenses OperatingCostsAndExpenses	130712000	USD
CY2018Q4	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	68541000	USD
CY2018Q4	us-gaap	Restricted Cash And Cash Equivalents At Carrying Value RestrictedCashAndCashEquivalentsAtCarryingValue	5000	USD
CY2019Q3	us-gaap	Restricted Cash And Cash Equivalents At Carrying Value RestrictedCashAndCashEquivalentsAtCarryingValue	2000	USD
CY2019Q3	us-gaap	Restricted Cash And Cash Equivalents Noncurrent RestrictedCashAndCashEquivalentsNoncurrent	500000	USD
CY2018Q3	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	276382000	USD
CY2019Q3	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	397094000	USD
CY2018Q3	us-gaap	Restricted Cash And Cash Equivalents At Carrying Value RestrictedCashAndCashEquivalentsAtCarryingValue	15000	USD
CY2019Q3	us-gaap	Restricted Cash And Cash Equivalents At Carrying Value RestrictedCashAndCashEquivalentsAtCarryingValue	2000	USD
CY2018Q3	us-gaap	Restricted Cash And Cash Equivalents Noncurrent RestrictedCashAndCashEquivalentsNoncurrent	500000	USD
CY2019Q3	us-gaap	Restricted Cash And Cash Equivalents Noncurrent RestrictedCashAndCashEquivalentsNoncurrent	500000	USD
	us-gaap	Allowance For Doubtful Accounts Receivable Write Offs AllowanceForDoubtfulAccountsReceivableWriteOffs	35027000	USD
CY2018Q3	us-gaap	Allowance For Doubtful Accounts Receivable AllowanceForDoubtfulAccountsReceivable	25395000	USD
CY2018Q3	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	276897000	USD
CY2019Q3	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	397596000	USD
CY2019Q3	us-gaap	Allowance For Doubtful Accounts Receivable AllowanceForDoubtfulAccountsReceivable	31530000	USD
CY2018Q4	us-gaap	Accounts Receivable Gross Current AccountsReceivableGrossCurrent	84151000	USD
CY2019Q3	us-gaap	Accounts Receivable Gross Current AccountsReceivableGrossCurrent	82494000	USD
CY2018Q4	us-gaap	Allowance For Doubtful Accounts Receivable Current AllowanceForDoubtfulAccountsReceivableCurrent	28457000	USD
CY2019Q3	us-gaap	Allowance For Doubtful Accounts Receivable Current AllowanceForDoubtfulAccountsReceivableCurrent	31530000	USD
CY2018Q4	us-gaap	Accounts Receivable Net Current AccountsReceivableNetCurrent	55694000	USD
CY2019Q3	us-gaap	Accounts Receivable Net Current AccountsReceivableNetCurrent	50964000	USD
CY2018Q2	us-gaap	Allowance For Doubtful Accounts Receivable AllowanceForDoubtfulAccountsReceivable	15048000	USD
CY2019Q2	us-gaap	Allowance For Doubtful Accounts Receivable AllowanceForDoubtfulAccountsReceivable	30733000	USD
CY2017Q4	us-gaap	Allowance For Doubtful Accounts Receivable AllowanceForDoubtfulAccountsReceivable	12687000	USD
CY2018Q4	us-gaap	Allowance For Doubtful Accounts Receivable AllowanceForDoubtfulAccountsReceivable	28457000	USD
CY2018Q3	us-gaap	Provision For Doubtful Accounts ProvisionForDoubtfulAccounts	9864000	USD
CY2019Q3	us-gaap	Provision For Doubtful Accounts ProvisionForDoubtfulAccounts	12111000	USD
	us-gaap	Provision For Doubtful Accounts ProvisionForDoubtfulAccounts	22851000	USD
	us-gaap	Provision For Doubtful Accounts ProvisionForDoubtfulAccounts	35893000	USD
CY2018Q3	stra	Allowance For Doubtful Accounts Receivable Acquired Receivable Value Adjustment AllowanceForDoubtfulAccountsReceivableAcquiredReceivableValueAdjustment	6601000	USD
CY2019Q3	stra	Allowance For Doubtful Accounts Receivable Acquired Receivable Value Adjustment AllowanceForDoubtfulAccountsReceivableAcquiredReceivableValueAdjustment	0	USD
	stra	Allowance For Doubtful Accounts Receivable Acquired Receivable Value Adjustment AllowanceForDoubtfulAccountsReceivableAcquiredReceivableValueAdjustment	6601000	USD
	stra	Allowance For Doubtful Accounts Receivable Acquired Receivable Value Adjustment AllowanceForDoubtfulAccountsReceivableAcquiredReceivableValueAdjustment	2207000	USD
CY2018Q3	us-gaap	Allowance For Doubtful Accounts Receivable Write Offs AllowanceForDoubtfulAccountsReceivableWriteOffs	6118000	USD
CY2018Q3	us-gaap	Allowance For Doubtful Accounts Receivable AllowanceForDoubtfulAccountsReceivable	25395000	USD
CY2019Q3	us-gaap	Allowance For Doubtful Accounts Receivable AllowanceForDoubtfulAccountsReceivable	31530000	USD
CY2019Q3	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	32000000	shares
CY2019Q3	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.01
CY2018Q4	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	21743498	shares
CY2019Q3	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	21964505	shares
CY2019Q3	us-gaap	Preferred Stock Shares Authorized PreferredStockSharesAuthorized	8000000	shares
CY2019Q3	us-gaap	Common Stock Dividends Per Share Cash Paid CommonStockDividendsPerShareCashPaid	0.50
CY2018Q3	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	17799000	shares
CY2019Q3	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	21806000	shares
	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	13141000	shares
	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	21694000	shares
CY2018Q3	us-gaap	Incremental Common Shares Attributable To Share Based Payment Arrangements IncrementalCommonSharesAttributableToShareBasedPaymentArrangements	0	shares
CY2019Q3	us-gaap	Incremental Common Shares Attributable To Share Based Payment Arrangements IncrementalCommonSharesAttributableToShareBasedPaymentArrangements	44000	shares
	us-gaap	Incremental Common Shares Attributable To Share Based Payment Arrangements IncrementalCommonSharesAttributableToShareBasedPaymentArrangements	0	shares
	us-gaap	Incremental Common Shares Attributable To Share Based Payment Arrangements IncrementalCommonSharesAttributableToShareBasedPaymentArrangements	65000	shares
CY2018Q3	us-gaap	Incremental Common Shares Attributable To Nonvested Shares With Forfeitable Dividends IncrementalCommonSharesAttributableToNonvestedSharesWithForfeitableDividends	0	shares
CY2019Q3	us-gaap	Incremental Common Shares Attributable To Nonvested Shares With Forfeitable Dividends IncrementalCommonSharesAttributableToNonvestedSharesWithForfeitableDividends	279000	shares
	us-gaap	Incremental Common Shares Attributable To Nonvested Shares With Forfeitable Dividends IncrementalCommonSharesAttributableToNonvestedSharesWithForfeitableDividends	0	shares
	us-gaap	Incremental Common Shares Attributable To Nonvested Shares With Forfeitable Dividends IncrementalCommonSharesAttributableToNonvestedSharesWithForfeitableDividends	337000	shares
CY2018Q3	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	17799000	shares
CY2019Q3	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	22129000	shares
	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	13141000	shares
	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	22096000	shares
CY2019Q3	us-gaap	Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount	3000	shares
	us-gaap	Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount	21000	shares
CY2018Q3	us-gaap	Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount	681000	shares
	us-gaap	Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount	583000	shares
CY2018Q4	us-gaap	Accumulated Other Comprehensive Income Loss Net Of Tax AccumulatedOtherComprehensiveIncomeLossNetOfTax	32000	USD
CY2018	us-gaap	Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Tax OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax	10000	USD
CY2019Q3	us-gaap	Accumulated Other Comprehensive Income Loss Net Of Tax AccumulatedOtherComprehensiveIncomeLossNetOfTax	447000	USD
	us-gaap	Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Tax OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax	157000	USD
CY2019Q3	us-gaap	Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Net Of Tax OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax	0	USD
	us-gaap	Use Of Estimates UseOfEstimates	<div style="line-height:120%;padding-top:13px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;font-style:italic;">Use of Estimates</span></div><div style="line-height:120%;padding-top:13px;text-align:justify;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities at the date of the financial statements and the reported amounts of expenses during the period reported. The most significant management estimates include allowances for doubtful accounts, useful lives of property and equipment and intangible assets, fair value of future contractual operating lease obligations, incremental borrowing rates, potential sublease income and vacancy periods, accrued expenses, forfeiture rates and the likelihood of achieving performance criteria for stock-based awards, value of free courses earned by students that will be redeemed in the future, valuation of goodwill and intangible assets, and the provision for income taxes. Actual results could differ from those estimates.</span></div>
CY2018Q3	stra	Number Of Independent Universities NumberOfIndependentUniversities	2	University
CY2018Q3	us-gaap	Business Acquisitions Pro Forma Revenue BusinessAcquisitionsProFormaRevenue	224641000	USD
	us-gaap	Business Acquisitions Pro Forma Revenue BusinessAcquisitionsProFormaRevenue	679309000	USD
CY2018Q3	us-gaap	Business Acquisitions Pro Forma Net Income Loss BusinessAcquisitionsProFormaNetIncomeLoss	-14146000	USD
	us-gaap	Business Acquisitions Pro Forma Net Income Loss BusinessAcquisitionsProFormaNetIncomeLoss	10606000	USD
CY2018Q3	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	160945000	USD
CY2019Q3	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	241747000	USD
	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	392082000	USD
	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	733365000	USD
	stra	Number Of Free Courses NumberOfFreeCourses	1	Course
	stra	Number Of Successfully Completed Courses NumberOfSuccessfullyCompletedCourses	3	Course
	stra	Consecutive Terms Of Non Attendance In Which Graduation Fund Credits Will Be Lost ConsecutiveTermsOfNonAttendanceInWhichGraduationFundCreditsWillBeLost	1	term
	stra	Expected Collection Period Of Tuition Receivable Current ExpectedCollectionPeriodOfTuitionReceivableCurrent	P12M
CY2019Q3	stra	Estimated Graduation Fund To Be Redeemed Next Twelve Months EstimatedGraduationFundToBeRedeemedNextTwelveMonths	20500000	USD
CY2017Q4	stra	Graduation Fund Liability GraduationFundLiability	37400000	USD
CY2018Q4	stra	Graduation Fund Liability GraduationFundLiability	43329000	USD
	stra	Revenue Deferred RevenueDeferred	18791000	USD
	stra	Revenue Deferred RevenueDeferred	21358000	USD
	stra	Benefit Redeemed BenefitRedeemed	15792000	USD
	stra	Benefit Redeemed BenefitRedeemed	17947000	USD
CY2018Q3	stra	Graduation Fund Liability GraduationFundLiability	40399000	USD
CY2019Q3	stra	Graduation Fund Liability GraduationFundLiability	46740000	USD
CY2019Q3	us-gaap	Unbilled Receivables Current UnbilledReceivablesCurrent	2100000	USD
CY2013Q4	stra	Campus Location Closed CampusLocationClosed	20	Location
CY2013Q4	stra	Marginal Borrowing Rate Of Lease MarginalBorrowingRateOfLease	0.045
CY2017Q4	us-gaap	Restructuring Reserve RestructuringReserve	8781000	USD
	us-gaap	Restructuring Charges RestructuringCharges	13088000	USD
	us-gaap	Payments For Restructuring PaymentsForRestructuring	2508000	USD
	us-gaap	Restructuring Reserve Accrual Adjustment1 RestructuringReserveAccrualAdjustment1	107000	USD
CY2018Q3	us-gaap	Restructuring Reserve RestructuringReserve	19468000	USD
CY2018Q4	us-gaap	Available For Sale Securities Debt Securities AvailableForSaleSecuritiesDebtSecurities	74799000	USD
CY2018Q4	us-gaap	Restructuring Reserve RestructuringReserve	20887000	USD
	us-gaap	Restructuring Charges RestructuringCharges	2334000	USD
	us-gaap	Payments For Restructuring PaymentsForRestructuring	7841000	USD
	us-gaap	Restructuring Reserve Accrual Adjustment1 RestructuringReserveAccrualAdjustment1	-6540000	USD
CY2019Q3	us-gaap	Restructuring Reserve RestructuringReserve	8840000	USD
CY2019Q3	us-gaap	Restructuring Charges RestructuringCharges	200000	USD
	us-gaap	Restructuring Charges RestructuringCharges	2300000	USD
	us-gaap	Restructuring Charges RestructuringCharges	13100000	USD
CY2019Q3	us-gaap	Available For Sale Debt Securities Amortized Cost Basis AvailableForSaleDebtSecuritiesAmortizedCostBasis	59684000	USD
CY2019Q3	us-gaap	Available For Sale Debt Securities Accumulated Gross Unrealized Gain Before Tax AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedGainBeforeTax	338000	USD
CY2019Q3	us-gaap	Available For Sale Debt Securities Accumulated Gross Unrealized Loss Before Tax AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedLossBeforeTax	35000	USD
CY2019Q3	us-gaap	Available For Sale Securities Debt Securities AvailableForSaleSecuritiesDebtSecurities	59987000	USD
CY2018Q4	us-gaap	Available For Sale Debt Securities Amortized Cost Basis AvailableForSaleDebtSecuritiesAmortizedCostBasis	75060000	USD
CY2018Q4	us-gaap	Available For Sale Debt Securities Accumulated Gross Unrealized Gain Before Tax AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedGainBeforeTax	57000	USD
CY2018Q4	us-gaap	Available For Sale Debt Securities Accumulated Gross Unrealized Loss Before Tax AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedLossBeforeTax	318000	USD
CY2019Q3	us-gaap	Debt Securities Available For Sale Continuous Unrealized Loss Position12 Months Or Longer DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLonger	6300000	USD
	us-gaap	Other Than Temporary Impairment Loss Debt Securities Available For Sale Recognized In Earnings OtherThanTemporaryImpairmentLossDebtSecuritiesAvailableForSaleRecognizedInEarnings	0	USD
CY2018Q4	us-gaap	Available For Sale Securities Debt Maturities Within One Year Fair Value AvailableForSaleSecuritiesDebtMaturitiesWithinOneYearFairValue	37121000	USD
CY2019Q3	us-gaap	Available For Sale Securities Debt Maturities Within One Year Fair Value AvailableForSaleSecuritiesDebtMaturitiesWithinOneYearFairValue	33455000	USD
CY2018Q4	us-gaap	Available For Sale Securities Debt Maturities After One Through Five Years Fair Value AvailableForSaleSecuritiesDebtMaturitiesAfterOneThroughFiveYearsFairValue	37678000	USD
CY2019Q3	us-gaap	Available For Sale Securities Debt Maturities After One Through Five Years Fair Value AvailableForSaleSecuritiesDebtMaturitiesAfterOneThroughFiveYearsFairValue	26532000	USD
CY2018Q4	us-gaap	Available For Sale Securities Debt Securities AvailableForSaleSecuritiesDebtSecurities	74799000	USD
CY2019Q3	us-gaap	Available For Sale Securities Debt Securities AvailableForSaleSecuritiesDebtSecurities	59987000	USD
CY2018Q3	us-gaap	Proceeds From Maturities Prepayments And Calls Of Available For Sale Securities ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities	5842000	USD
CY2019Q3	us-gaap	Proceeds From Maturities Prepayments And Calls Of Available For Sale Securities ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities	10300000	USD
	us-gaap	Proceeds From Maturities Prepayments And Calls Of Available For Sale Securities ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities	5842000	USD
	us-gaap	Proceeds From Maturities Prepayments And Calls Of Available For Sale Securities ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities	32860000	USD
CY2018Q3	us-gaap	Proceeds From Maturities Prepayments And Calls Of Available For Sale Securities ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities	5842000	USD
CY2019Q3	us-gaap	Proceeds From Maturities Prepayments And Calls Of Available For Sale Securities ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities	10300000	USD
	us-gaap	Proceeds From Maturities Prepayments And Calls Of Available For Sale Securities ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities	5842000	USD
	us-gaap	Proceeds From Maturities Prepayments And Calls Of Available For Sale Securities ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities	32860000	USD
CY2019Q3	us-gaap	Proceeds From Sale Of Available For Sale Securities Debt ProceedsFromSaleOfAvailableForSaleSecuritiesDebt	0	USD
CY2019Q3	us-gaap	Lease Cost LeaseCost	6600000	USD
	us-gaap	Lease Cost LeaseCost	21100000	USD
CY2019Q3	us-gaap	Operating Lease Cost OperatingLeaseCost	7022000	USD
	us-gaap	Operating Lease Cost OperatingLeaseCost	22520000	USD
CY2019Q3	us-gaap	Short Term Lease Cost ShortTermLeaseCost	234000	USD
	us-gaap	Short Term Lease Cost ShortTermLeaseCost	674000	USD
CY2019Q3	us-gaap	Sublease Income SubleaseIncome	681000	USD
	us-gaap	Sublease Income SubleaseIncome	2128000	USD
CY2019Q3	us-gaap	Lease Cost LeaseCost	6575000	USD
	us-gaap	Lease Cost LeaseCost	21066000	USD
CY2019Q3	us-gaap	Operating Lease Weighted Average Remaining Lease Term1 OperatingLeaseWeightedAverageRemainingLeaseTerm1	P5Y8M12D
CY2019Q3	us-gaap	Operating Lease Weighted Average Discount Rate Percent OperatingLeaseWeightedAverageDiscountRatePercent	0.0420
	us-gaap	Operating Lease Payments OperatingLeasePayments	24982000	USD
	us-gaap	Right Of Use Asset Obtained In Exchange For Operating Lease Liability RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability	4082000	USD
	stra	Leasehold Improvements Reimbursed By Lessors As Lease Incentives LeaseholdImprovementsReimbursedByLessorsAsLeaseIncentives	2156000	USD
CY2019Q3	us-gaap	Lessee Operating Lease Liability Payments Due Next Rolling Twelve Months LesseeOperatingLeaseLiabilityPaymentsDueNextRollingTwelveMonths	30365000	USD
CY2019Q3	us-gaap	Lessee Operating Lease Liability Payments Due LesseeOperatingLeaseLiabilityPaymentsDue	123533000	USD
CY2019Q3	us-gaap	Lessee Operating Lease Liability Undiscounted Excess Amount LesseeOperatingLeaseLiabilityUndiscountedExcessAmount	14299000	USD
CY2019Q3	us-gaap	Operating Lease Liability OperatingLeaseLiability	109234000	USD
CY2019Q3	us-gaap	Lessee Operating Lease Liability Payments Due In Rolling Year Two LesseeOperatingLeaseLiabilityPaymentsDueInRollingYearTwo	25692000	USD
CY2019Q3	us-gaap	Lessee Operating Lease Liability Payments Due In Rolling Year Three LesseeOperatingLeaseLiabilityPaymentsDueInRollingYearThree	17443000	USD
CY2019Q3	us-gaap	Lessee Operating Lease Liability Payments Due In Rolling Year Four LesseeOperatingLeaseLiabilityPaymentsDueInRollingYearFour	12121000	USD
CY2019Q3	us-gaap	Lessee Operating Lease Liability Payments Due In Rolling Year Five LesseeOperatingLeaseLiabilityPaymentsDueInRollingYearFive	10442000	USD
CY2019Q3	us-gaap	Lessee Operating Lease Liability Payments Due After Rolling Year Five LesseeOperatingLeaseLiabilityPaymentsDueAfterRollingYearFive	27470000	USD
CY2019Q3	stra	Lessee Operating Lease Lease Notyet Commenced Amount LesseeOperatingLeaseLeaseNotyetCommencedAmount	6000000.0	USD
CY2018Q4	us-gaap	Operating Leases Future Minimum Payments Due Current OperatingLeasesFutureMinimumPaymentsDueCurrent	33600000	USD
CY2018Q4	us-gaap	Operating Leases Future Minimum Payments Due In Two Years OperatingLeasesFutureMinimumPaymentsDueInTwoYears	28399000	USD
CY2018Q4	us-gaap	Operating Leases Future Minimum Payments Due In Three Years OperatingLeasesFutureMinimumPaymentsDueInThreeYears	23485000	USD
CY2018Q4	us-gaap	Operating Leases Future Minimum Payments Due In Four Years OperatingLeasesFutureMinimumPaymentsDueInFourYears	13770000	USD
CY2018Q4	us-gaap	Operating Leases Future Minimum Payments Due In Five Years OperatingLeasesFutureMinimumPaymentsDueInFiveYears	10316000	USD
CY2018Q4	us-gaap	Operating Leases Future Minimum Payments Due Thereafter OperatingLeasesFutureMinimumPaymentsDueThereafter	32745000	USD
CY2018Q4	us-gaap	Operating Leases Future Minimum Payments Due OperatingLeasesFutureMinimumPaymentsDue	142315000	USD
CY2018Q4	us-gaap	Goodwill Goodwill	732540000	USD
	us-gaap	Goodwill Acquired During Period GoodwillAcquiredDuringPeriod	0	USD
	us-gaap	Goodwill Impairment Loss GoodwillImpairmentLoss	0	USD
	us-gaap	Goodwill Purchase Accounting Adjustments GoodwillPurchaseAccountingAdjustments	-465000	USD
CY2019Q3	us-gaap	Goodwill Goodwill	732075000	USD
	us-gaap	Goodwill Purchase Accounting Adjustments GoodwillPurchaseAccountingAdjustments	-500000	USD
	us-gaap	Goodwill Impairment Loss GoodwillImpairmentLoss	0	USD
CY2018Q3	us-gaap	Goodwill Impairment Loss GoodwillImpairmentLoss	11100000	USD
	us-gaap	Goodwill Impairment Loss GoodwillImpairmentLoss	13900000	USD
CY2018Q4	us-gaap	Intangible Assets Gross Excluding Goodwill IntangibleAssetsGrossExcludingGoodwill	351400000	USD
CY2018Q4	us-gaap	Finite Lived Intangible Assets Accumulated Amortization FiniteLivedIntangibleAssetsAccumulatedAmortization	23056000	USD
CY2018Q4	us-gaap	Intangible Assets Net Excluding Goodwill IntangibleAssetsNetExcludingGoodwill	328344000	USD
CY2019Q3	us-gaap	Intangible Assets Gross Excluding Goodwill IntangibleAssetsGrossExcludingGoodwill	351400000	USD
CY2019Q3	us-gaap	Finite Lived Intangible Assets Accumulated Amortization FiniteLivedIntangibleAssetsAccumulatedAmortization	64556000	USD
CY2019Q3	us-gaap	Intangible Assets Net Excluding Goodwill IntangibleAssetsNetExcludingGoodwill	286844000	USD
CY2018Q4	us-gaap	Contract With Customer Liability Noncurrent ContractWithCustomerLiabilityNoncurrent	23880000	USD
CY2019Q3	us-gaap	Contract With Customer Liability Noncurrent ContractWithCustomerLiabilityNoncurrent	27233000	USD
CY2018Q4	stra	Deferred Acquisition Payments Non Current DeferredAcquisitionPaymentsNonCurrent	5904000	USD
CY2019Q3	stra	Deferred Acquisition Payments Non Current DeferredAcquisitionPaymentsNonCurrent	4837000	USD
CY2018Q4	us-gaap	Restructuring Reserve Noncurrent RestructuringReserveNoncurrent	6800000	USD
CY2019Q3	us-gaap	Restructuring Reserve Noncurrent RestructuringReserveNoncurrent	2681000	USD
CY2018Q4	stra	Deferred Rent And Other Facility Costs Non Current DeferredRentAndOtherFacilityCostsNonCurrent	6837000	USD
CY2019Q3	stra	Deferred Rent And Other Facility Costs Non Current DeferredRentAndOtherFacilityCostsNonCurrent	1880000	USD
CY2018Q4	stra	Loss On Facilities Not In Use LossOnFacilitiesNotInUse	4332000	USD
CY2019Q3	stra	Loss On Facilities Not In Use LossOnFacilitiesNotInUse	0	USD
CY2018Q4	stra	Lease Incentive Payable Non Current LeaseIncentivePayableNonCurrent	2300000	USD
CY2019Q3	stra	Lease Incentive Payable Non Current LeaseIncentivePayableNonCurrent	0	USD
CY2018Q4	us-gaap	Other Liabilities Noncurrent OtherLiabilitiesNoncurrent	1263000	USD
CY2019Q3	us-gaap	Other Liabilities Noncurrent OtherLiabilitiesNoncurrent	1993000	USD
CY2018Q4	us-gaap	Liabilities Other Than Longterm Debt Noncurrent LiabilitiesOtherThanLongtermDebtNoncurrent	51316000	USD
CY2019Q3	us-gaap	Liabilities Other Than Longterm Debt Noncurrent LiabilitiesOtherThanLongtermDebtNoncurrent	38624000	USD
CY2018Q4	stra	Deferred Payment Arrangement Value DeferredPaymentArrangementValue	3100000	USD
CY2019Q3	stra	Deferred Payment Arrangement Value DeferredPaymentArrangementValue	2000000.0	USD
	stra	Funds Received From Investor FundsReceivedFromInvestor	2800000	USD
CY2019Q3	stra	Lease Incentive Payable Non Current LeaseIncentivePayableNonCurrent	0	USD
CY2018Q3	us-gaap	Share Based Compensation ShareBasedCompensation	5844000	USD
CY2019Q3	us-gaap	Share Based Compensation ShareBasedCompensation	2499000	USD
	us-gaap	Share Based Compensation ShareBasedCompensation	11781000	USD
	us-gaap	Share Based Compensation ShareBasedCompensation	9075000	USD
CY2018Q3	us-gaap	Employee Service Share Based Compensation Tax Benefit From Compensation Expense EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense	1607000	USD
CY2019Q3	us-gaap	Employee Service Share Based Compensation Tax Benefit From Compensation Expense EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense	651000	USD
	us-gaap	Effective Income Tax Rate Continuing Operations EffectiveIncomeTaxRateContinuingOperations	0.041
	us-gaap	Effective Income Tax Rate Continuing Operations EffectiveIncomeTaxRateContinuingOperations	0.374
	us-gaap	Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance	11500000	USD
	us-gaap	Employee Service Share Based Compensation Tax Benefit From Compensation Expense EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense	3253000	USD
	us-gaap	Employee Service Share Based Compensation Tax Benefit From Compensation Expense EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense	2333000	USD
CY2018Q3	us-gaap	Allocated Share Based Compensation Expense Net Of Tax AllocatedShareBasedCompensationExpenseNetOfTax	4237000	USD
CY2019Q3	us-gaap	Allocated Share Based Compensation Expense Net Of Tax AllocatedShareBasedCompensationExpenseNetOfTax	1848000	USD
	us-gaap	Allocated Share Based Compensation Expense Net Of Tax AllocatedShareBasedCompensationExpenseNetOfTax	8528000	USD
	us-gaap	Allocated Share Based Compensation Expense Net Of Tax AllocatedShareBasedCompensationExpenseNetOfTax	6742000	USD
	us-gaap	Employee Service Share Based Compensation Tax Benefit From Exercise Of Stock Options EmployeeServiceShareBasedCompensationTaxBenefitFromExerciseOfStockOptions	3500000	USD
	us-gaap	Employee Service Share Based Compensation Tax Benefit From Exercise Of Stock Options EmployeeServiceShareBasedCompensationTaxBenefitFromExerciseOfStockOptions	4000000.0	USD
	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	-1600000	USD
	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	31400000	USD
CY2018Q3	us-gaap	Unrecognized Tax Benefits UnrecognizedTaxBenefits	700000	USD
CY2019Q3	us-gaap	Unrecognized Tax Benefits UnrecognizedTaxBenefits	1400000	USD
	us-gaap	Unrecognized Tax Benefits Income Tax Penalties And Interest Expense UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestExpense	0	USD
	us-gaap	Unrecognized Tax Benefits Income Tax Penalties And Interest Expense UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestExpense	200000	USD
	us-gaap	Income Taxes Paid IncomeTaxesPaid	10900000	USD
	us-gaap	Income Taxes Paid IncomeTaxesPaid	36600000	USD
CY2019Q3	us-gaap	Equity Method Investment Summarized Financial Information Assets EquityMethodInvestmentSummarizedFinancialInformationAssets	15600000	USD
CY2018Q4	us-gaap	Equity Method Investment Summarized Financial Information Assets EquityMethodInvestmentSummarizedFinancialInformationAssets	13400000	USD
CY2018Q2	us-gaap	Equity Method Investment Summarized Financial Information Assets EquityMethodInvestmentSummarizedFinancialInformationAssets	0	USD
CY2019Q2	us-gaap	Equity Method Investment Summarized Financial Information Assets EquityMethodInvestmentSummarizedFinancialInformationAssets	14490000	USD
CY2017Q4	us-gaap	Equity Method Investment Summarized Financial Information Assets EquityMethodInvestmentSummarizedFinancialInformationAssets	0	USD
CY2019Q3	us-gaap	Equity Method Investment Summarized Financial Information Assets EquityMethodInvestmentSummarizedFinancialInformationAssets	15562000	USD
CY2018Q3	us-gaap	Equity Method Investment Summarized Financial Information Assets EquityMethodInvestmentSummarizedFinancialInformationAssets	14319000	USD
CY2019Q3	us-gaap	Equity Method Investment Summarized Financial Information Assets EquityMethodInvestmentSummarizedFinancialInformationAssets	15562000	USD
CY2018Q4	us-gaap	Equity Method Investment Summarized Financial Information Assets EquityMethodInvestmentSummarizedFinancialInformationAssets	13449000	USD
CY2018Q3	stra	Value Of Limited Partnership In Equity Method Investments Acquired Through Business Combination ValueOfLimitedPartnershipInEquityMethodInvestmentsAcquiredThroughBusinessCombination	14153000	USD
CY2019Q3	stra	Value Of Limited Partnership In Equity Method Investments Acquired Through Business Combination ValueOfLimitedPartnershipInEquityMethodInvestmentsAcquiredThroughBusinessCombination	0	USD
	stra	Value Of Limited Partnership In Equity Method Investments Acquired Through Business Combination ValueOfLimitedPartnershipInEquityMethodInvestmentsAcquiredThroughBusinessCombination	14153000	USD
	stra	Value Of Limited Partnership In Equity Method Investments Acquired Through Business Combination ValueOfLimitedPartnershipInEquityMethodInvestmentsAcquiredThroughBusinessCombination	0	USD
CY2018Q3	us-gaap	Payments To Acquire Limited Partnership Interests PaymentsToAcquireLimitedPartnershipInterests	166000	USD
CY2019Q3	us-gaap	Payments To Acquire Limited Partnership Interests PaymentsToAcquireLimitedPartnershipInterests	366000	USD
	us-gaap	Payments To Acquire Limited Partnership Interests PaymentsToAcquireLimitedPartnershipInterests	166000	USD
	us-gaap	Payments To Acquire Limited Partnership Interests PaymentsToAcquireLimitedPartnershipInterests	878000	USD
CY2018Q3	us-gaap	Income Loss From Equity Method Investments IncomeLossFromEquityMethodInvestments	0	USD
CY2019Q3	us-gaap	Income Loss From Equity Method Investments IncomeLossFromEquityMethodInvestments	706000	USD
	us-gaap	Income Loss From Equity Method Investments IncomeLossFromEquityMethodInvestments	0	USD
	us-gaap	Income Loss From Equity Method Investments IncomeLossFromEquityMethodInvestments	2260000	USD
CY2018Q3	us-gaap	Equity Method Investment Dividends Or Distributions EquityMethodInvestmentDividendsOrDistributions	0	USD
CY2019Q3	us-gaap	Equity Method Investment Dividends Or Distributions EquityMethodInvestmentDividendsOrDistributions	0	USD
	us-gaap	Equity Method Investment Dividends Or Distributions EquityMethodInvestmentDividendsOrDistributions	0	USD
	us-gaap	Equity Method Investment Dividends Or Distributions EquityMethodInvestmentDividendsOrDistributions	1025000	USD
CY2018Q3	us-gaap	Equity Method Investment Summarized Financial Information Assets EquityMethodInvestmentSummarizedFinancialInformationAssets	14319000	USD
	stra	Number Of Operating Segments That Meet Threshold To Qualify As Reportable Segments NumberOfOperatingSegmentsThatMeetThresholdToQualifyAsReportableSegments	2	segment
CY2018Q3	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	160945000	USD
CY2019Q3	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	241747000	USD
	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	392082000	USD
	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	733365000	USD
CY2018Q3	us-gaap	Amortization Of Intangible Assets AmortizationOfIntangibleAssets	10278000	USD
CY2019Q3	us-gaap	Amortization Of Intangible Assets AmortizationOfIntangibleAssets	15417000	USD
	us-gaap	Amortization Of Intangible Assets AmortizationOfIntangibleAssets	10278000	USD
	us-gaap	Amortization Of Intangible Assets AmortizationOfIntangibleAssets	46251000	USD
CY2018Q3	us-gaap	Business Combination Integration Related Costs BusinessCombinationIntegrationRelatedCosts	29620000	USD
CY2019Q3	us-gaap	Business Combination Integration Related Costs BusinessCombinationIntegrationRelatedCosts	1500000	USD
	us-gaap	Business Combination Integration Related Costs BusinessCombinationIntegrationRelatedCosts	37791000	USD
	us-gaap	Business Combination Integration Related Costs BusinessCombinationIntegrationRelatedCosts	11698000	USD
CY2018Q3	us-gaap	Goodwill And Intangible Asset Impairment GoodwillAndIntangibleAssetImpairment	13119000	USD
CY2019Q3	us-gaap	Goodwill And Intangible Asset Impairment GoodwillAndIntangibleAssetImpairment	0	USD
	us-gaap	Goodwill And Intangible Asset Impairment GoodwillAndIntangibleAssetImpairment	19304000	USD
	us-gaap	Goodwill And Intangible Asset Impairment GoodwillAndIntangibleAssetImpairment	0	USD
CY2018Q3	us-gaap	Operating Income Loss OperatingIncomeLoss	-57127000	USD
CY2019Q3	us-gaap	Operating Income Loss OperatingIncomeLoss	20000000	USD
	us-gaap	Operating Income Loss OperatingIncomeLoss	-41615000	USD
	us-gaap	Operating Income Loss OperatingIncomeLoss	73319000	USD
	stra	Number Of Debt To Earnings Measures NumberOfDebtToEarningsMeasures	2	measure
	stra	Number Of Ineligible Years NumberOfIneligibleYears	P3Y
CY2019Q3	stra	Metrics That Can Not Be Failed For Consecutive Years MetricsThatCanNotBeFailedForConsecutiveYears	1	Metric
	stra	Number Of Current Associate Degree Programs In Zone NumberOfCurrentAssociateDegreeProgramsInZone	3	Program
	stra	Number Of Department Subcommittees NumberOfDepartmentSubcommittees	3	Subcommittee
	stra	Number Of Public Hearing Convened NumberOfPublicHearingConvened	3	hearing
	stra	Number Of Rulemaking Sessions NumberOfRulemakingSessions	4	Rulemaking_Session

Files In Submission

Name	View Source	Status
0001013934-19-000012-index-headers.html	Edgar Link	pending
0001013934-19-000012-index.html	Edgar Link	pending
0001013934-19-000012.txt	Edgar Link	pending
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Financial_Report.xlsx	Edgar Link	pending
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R1.htm	Edgar Link	pending
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report.css	Edgar Link	pending
Show.js	Edgar Link	pending
stra-20190930.xsd	Edgar Link	pending
stra-20190930x10q.htm	Edgar Link	pending
stra-20190930x10q_htm.xml	Edgar Link	completed
stra-20190930xex311.htm	Edgar Link	pending
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stra-20190930_def.xml	Edgar Link	unprocessable
stra-20190930_lab.xml	Edgar Link	unprocessable
stra-20190930_pre.xml	Edgar Link	unprocessable

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$STRA
Strategic Education Inc Stock $stra

2019 Q4 Form 10-Q Financial Statement

#000101393419000012 Filed on November 07, 2019

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$STRA Strategic Education Inc Stock $stra

2019 Q4 Form 10-Q Financial Statement

#000101393419000012 Filed on November 07, 2019

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$STRA
Strategic Education Inc Stock $stra