Item 8.01. Other Events.
Recast Financial Statements
In this Current Report on Form 8-K, Strategic Education, Inc. ("SEI" or the
"Company") is recasting consolidated financial information for the years 2019
and 2020 to reflect changes in segment presentation that will commence when the
Company reports its first quarter 2021 results on April 29, 2021. The previously
announced new segment reporting will reflect changes to divisional operating
structure that were made during the fourth quarter of 2020 for reporting
beginning in 2021 and in the future, and which are detailed below in Exhibit
99.1. The updates do not represent a restatement of previously issued financial
statements.
The disclosure in this Current Report on Form 8-K does not reflect events
occurring after March 1, 2021, the date that SEI filed its 2020 Form 10-K, and
does not modify or update the disclosures therein in any way, other than as
required to give effect to the change in reportable segments. For information on
developments regarding SEI since the filing of the 2020 Form 10-K, please refer
to our Current Reports on Form 8-K.
Item 9.01. Financial Statements and Exhibits.
(d) Exhibits.
Exhibit
Number Description
99.1 Segment Reporting
Cover Page Interactive Data File (embedded within the Inline XBRL
104 document)
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