What does minimum required attendance percentage mean?

This metric tracks the threshold of student participation or attendance required to maintain compliance with educational standards or funding eligibility. It is a key operational performance indicator for educational institutions, directly impacting revenue recognition and accreditation status. Maintaining high attendance levels is vital for student retention and long-term business sustainability.

Legacy Reserves LGCY Minimum Required Attendance Percentage

Minimum Required Attendance Percentage at other companies

CBAK Energy Technology, Inc.CBAT

10%—

Seacor Marine Holdings Inc.SMHI

$975K—

GHC

Graham HoldingsGHC

56%-11.0pp

Flanigan's EnterprisesBDL

44%—

ROC

Rank One Computing ROC

3%—

Q2 HoldingsQTWO

50%0.0pp

Other financials

Income statement

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Revenue$21.4M+15.0%

Operating income$3.9M+7.6%

Net income$3.0M+7.5%

EPS (diluted)$0.22+4.8%

Balance sheet

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Cash & equivalents$21.7M+25.1%

Total debt$15.5M-13.3%

Total equity$49.5M+26.1%

Total assets$75.5M+12.5%

Cash flow

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Operating cash flow$764.4K-16.8%

CapEx$248.6K-22.8%

Free cash flow$515.8K-13.6%

Valuation

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Market cap$147.9M+3.8%

Enterprise value$141.69M+1.3%

P/E17.4×-1.5×

P/S1.9×-0.3×

Profitability

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Operating margin14.4%-0.6pp

Net margin10.9%-1.4pp

FCF margin6.1%—

Returns & leverage

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Return on equity19.1%-5.6pp

Debt / equity0.3×-0.1×

Current ratio3.4×+0.7×

Where this comes from

Reported directly by Legacy Reserves in its filing.

Tagged under the XBRL concept LGCY:MinimumRequiredAttendancePercentage.

The official record: Legacy Reserves’s 10-Q, filed November 13, 2025, on SEC EDGAR. View the filing →

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Questions, answered.

What is Legacy Reserves's minimum required attendance percentage?: Legacy Reserves (LGCY) reported minimum required attendance percentage of 60% in Q3 2025.
What does minimum required attendance percentage mean?: This metric tracks the threshold of student participation or attendance required to maintain compliance with educational standards or funding eligibility. It is a key operational performance indicator for educational institutions, directly impacting revenue recognition and accreditation status. Maintaining high attendance levels is vital for student retention and long-term business sustainability.