# American Public Education Inc: Form 10-Q for the period ended Mar 31, 2024

- Company: [American Public Education Inc](/companies/apei.md) (CIK 1201792)
- Form: 10-Q
- Filed: 2024-05-07
- Accepted by EDGAR: May 7, 2024, 16:03 ET
- Period: 2024-03-31
- Accession: 0001201792-24-000009
- Inline XBRL: yes
- Main document: https://www.sec.gov/Archives/edgar/data/1201792/000120179224000009/apei-20240331.htm
- All documents and exhibits: https://www.sec.gov/Archives/edgar/data/1201792/000120179224000009/

## Figures reported in this filing

Standardized XBRL line items for the period ended 2024-03-31.

| Line item | Period | Value | XBRL concept |
| --- | --- | ---: | --- |
| Revenue | 3 months, 2024-01-01 to 2024-03-31 | $154.4m | us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax |
| Cost of revenue | 3 months, 2024-01-01 to 2024-03-31 | $72.4m | us-gaap:CostOfGoodsAndServicesSold |
| Operating income | 3 months, 2024-01-01 to 2024-03-31 | $5.2m | us-gaap:OperatingIncomeLoss |
| Income tax | 3 months, 2024-01-01 to 2024-03-31 | $1.2m | us-gaap:IncomeTaxExpenseBenefit |
| Net income | 3 months, 2024-01-01 to 2024-03-31 | $516.0k | us-gaap:NetIncomeLoss |
| Diluted EPS | 3 months, 2024-01-01 to 2024-03-31 | −$0.06 | us-gaap:EarningsPerShareDiluted |
| Basic EPS | 3 months, 2024-01-01 to 2024-03-31 | −$0.06 | us-gaap:EarningsPerShareBasic |
| Diluted shares (weighted) | 3 months, 2024-01-01 to 2024-03-31 | 17,811,000 shares | us-gaap:WeightedAverageNumberOfDilutedSharesOutstanding |
| Operating cash flow | 3 months, 2024-01-01 to 2024-03-31 | $20.7m | us-gaap:NetCashProvidedByUsedInOperatingActivities |
| Capital expenditure | 3 months, 2024-01-01 to 2024-03-31 | $6.2m | us-gaap:PaymentsToAcquirePropertyPlantAndEquipment |
| Share repurchases | 3 months, 2024-01-01 to 2024-03-31 | $4.1m | us-gaap:PaymentsForRepurchaseOfCommonStock |
| Cash and equivalents | at 2024-03-31 | $125.3m | us-gaap:CashAndCashEquivalentsAtCarryingValue |
| Current assets | at 2024-03-31 | $223.8m | us-gaap:AssetsCurrent |
| Total assets | at 2024-03-31 | $559.0m | us-gaap:Assets |
| Current liabilities | at 2024-03-31 | $79.6m | us-gaap:LiabilitiesCurrent |
| Total liabilities | at 2024-03-31 | $270.5m | us-gaap:Liabilities |
| Long-term debt | at 2024-03-31 | $95.0m | us-gaap:LongTermDebtNoncurrent |
| Current portion of debt | at 2024-03-31 | $0 | us-gaap:LongTermDebtCurrent |
| Shareholders' equity | at 2024-03-31 | $288.5m | us-gaap:StockholdersEquity |

## Sections

EDGAR did not return this filing’s main document when we asked, so its sections were not extracted. Read the original on sec.gov. https://www.sec.gov/Archives/edgar/data/1201792/000120179224000009/apei-20240331.htm

Filed May 7, 2024.
Source: SEC EDGAR, the filing index for accession 0001201792-24-000009. Last ingested by Listed: Oct 29, 2026, 16:20 ET. No prices; not investment advice.