XML 46 R34.htm IDEA: XBRL DOCUMENT

BUSINESS COMBINATIONS (Tables)

12 Months Ended

Jun. 30, 2016

Schedule of Recognized Identified Assets Acquired and Liabilities Assumed

The following table summarizes the fair values of the assets acquired and liabilities assumed at the date of acquisition (in thousands).

	At February 2, 2015
Current Assets	$	8,015
Property and Equipment		3,154
Other Long-term Assets		2,246
Intangible Assets		47,011
Goodwill		48,637
Total Assets Acquired		109,063
Liabilities Assumed		27,721
Net Assets Acquired	$	81,342

Schedule of Finite-Lived Intangible Assets Acquired as Part of Business Combination

The remaining acquired intangible assets were determined to be subject to amortization with an average useful life of approximately eight years. The values and estimated useful lives by asset type are as follows (in thousands):

	At February 2, 2015
	Value Assigned		Estimated Useful Life
Franchise Contracts	$	13,085	18 years
Student Relationships		5,294	6 years
Test Preparation Relationships		1,342	1 year

Faculdade Ideal [Member]

Schedule of Recognized Identified Assets Acquired and Liabilities Assumed

The following table summarizes the fair values of the assets acquired and liabilities assumed at the date of acquisition (in thousands).

	At January 2, 2015
Current Assets	$	1,052
Property and Equipment		6,049
Intangible Assets		6,754
Goodwill		1,399
Total Assets Acquired		15,254
Liabilities Assumed		15,144
Net Assets Acquired	$	110

Faculdade Martha Falcao [Member]

Schedule of Recognized Identified Assets Acquired and Liabilities Assumed

The following table summarizes the fair values of the assets acquired and liabilities assumed at the date of acquisition (in thousands).

	At October 1, 2014
Current Assets	$	890
Property and Equipment		1,505
Other Long-term Assets		36
Intangible Assets		5,249
Goodwill		10,454
Total Assets Acquired		18,134
Liabilities Assumed		6,675
Net Assets Acquired	$	11,459

Schedule of Finite-Lived Intangible Assets Acquired as Part of Business Combination

The remaining acquired intangible asset was determined to be subject to amortization with an average useful life of approximately two years. Its value and estimated useful life by asset type is as follows (in thousands):

	At October 1, 2014
	Value Assigned		Estimated Useful Life
Curriculum	$	121	2 years

Grupo Ibmec Educacional S A [Member]

Schedule of Recognized Identified Assets Acquired and Liabilities Assumed

The following table summarizes the preliminary fair values of the assets acquired and liabilities assumed at the date of acquisition (in thousands).

	At December 15, 2015
Current Assets	$	27,615
Property and Equipment		13,487
Other Long-term Assets		2,639
Intangible Assets		60,634
Goodwill		111,010
Total Assets Acquired		215,385
Liabilities Assumed		24,423
Net Assets Acquired	$	190,962

Schedule of Finite-Lived Intangible Assets Acquired as Part of Business Combination

The preliminary values and estimated useful lives by asset type are as follows (in thousands):

	At December 15, 2015
	Value Assigned		Estimated Useful Life
Student Relationships	$	5,720	5 years
Curriculum		1,821	5 years

Faculdade de Imperatriz [Member]

Schedule of Recognized Identified Assets Acquired and Liabilities Assumed

The following table summarizes the preliminary fair values of the assets acquired and liabilities assumed at the date of acquisition (in thousands).

	At June 1, 2016
Current Assets	$	1,057
Property and Equipment		291
Intangible Assets		2,652
Goodwill		4,997
Total Assets Acquired		8,997
Liabilities Assumed		2,704
Net Assets Acquired	$	6,293

Faculdade Diferencial Integral [Member]

Schedule of Recognized Identified Assets Acquired and Liabilities Assumed

The following table summarizes the fair values of the assets acquired and liabilities assumed at the date of acquisition (in thousands).

	At July 1, 2013
Current Assets	$	4,699
Property and Equipment		2,037
Other Long-term Assets		167
Intangible Assets		17,723
Goodwill		8,238
Total Assets Acquired		32,864
Liabilities Assumed		16,801
Net Assets Acquired	$	16,063

Schedule of Finite-Lived Intangible Assets Acquired as Part of Business Combination

The remaining acquired intangible asset was determined to be subject to amortization with an average useful life of approximately 15 years. Its value and estimated useful life by asset type is as follows (in thousands):

	At July 1, 2013
	Value Assigned		Estimated Useful Life
Clinical Agreement	$	583	15 years