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SEGMENT INFORMATION (Tables) | 9 Months Ended
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Mar. 31, 2017
Segment Reporting [Abstract] |
Tabulation of Business Segment Information Based on Current Segmentation | Summary financial information by reporting segment is as follows (in thousands):
|  | Three Months Ended |  | Nine Months Ended |
|  | March 31, |  | March 31, |
|  | 2017 |  | 2016 |  | 2017 |  | 2016 |
Revenue: |  |  |  |  |  |  |  |  |  |  |  |  |
Medical and Healthcare |  | $ | 208,153 |  | $ | 210,215 |  | $ | 609,331 |  | $ | 590,616 |
Professional Education |  |  | 29,810 |  |  | 23,683 |  |  | 91,906 |  |  | 71,417 |
Technology and Business |  |  | 61,810 |  |  | 48,062 |  |  | 193,437 |  |  | 121,405 |
U.S. Traditional Postsecondary |  |  | 152,951 |  |  | 193,008 |  |  | 465,666 |  |  | 590,643 |
Intersegment Elimination and Other |  |  | (635) |  |  | (747) |  |  | (2,009) |  |  | (2,245) |
Total Consolidated Revenue |  | $ | 452,089 |  | $ | 474,221 |  | $ | 1,358,331 |  | $ | 1,371,836 |
Operating Income (Loss): |  |  |  |  |  |  |  |  |  |  |  |  |
Medical and Healthcare |  | $ | 50,150 |  | $ | 57,450 |  | $ | 146,166 |  | $ | 140,920 |
Professional Education |  |  | 2,619 |  |  | 5,905 |  |  | 8,810 |  |  | 15,638 |
Technology and Business |  |  | 5,358 |  |  | (1,583) |  |  | 16,864 |  |  | (1,447) |
U.S. Traditional Postsecondary (1) |  |  | (5,724) |  |  | 2,942 |  |  | (21,411) |  |  | (132,827) |
Home Office and Other (1) |  |  | (5,110) |  |  | (3,867) |  |  | (65,183) |  |  | (9,569) |
Total Consolidated Operating Income |  | $ | 47,293 |  | $ | 60,847 |  | $ | 85,246 |  | $ | 12,715 |
Segment Assets: |  |  |  |  |  |  |  |  |  |  |  |  |
Medical and Healthcare |  | $ | 888,413 |  | $ | 830,493 |  | $ | 888,413 |  | $ | 830,493 |
Professional Education |  |  | 450,769 |  |  | 109,478 |  |  | 450,769 |  |  | 109,478 |
Technology and Business |  |  | 609,624 |  |  | 504,640 |  |  | 609,624 |  |  | 504,640 |
U.S. Traditional Postsecondary |  |  | 258,810 |  |  | 570,976 |  |  | 258,810 |  |  | 570,976 |
Home Office and Other (2) |  |  | 110,193 |  |  | 81,472 |  |  | 110,193 |  |  | 81,472 |
Total Consolidated Assets |  | $ | 2,317,809 |  | $ | 2,097,059 |  | $ | 2,317,809 |  | $ | 2,097,059 |
Additions to Long-Lived Assets: |  |  |  |  |  |  |  |  |  |  |  |  |
Medical and Healthcare |  | $ | 3,574 |  | $ | 2,798 |  | $ | 10,418 |  | $ | 16,571 |
Professional Education |  |  | 66 |  |  | 220 |  |  | 363,724 |  |  | 815 |
Technology and Business |  |  | 4,882 |  |  | 5,557 |  |  | 12,495 |  |  | 194,111 |
U.S. Traditional Postsecondary |  |  | 1,679 |  |  | 2,945 |  |  | 5,080 |  |  | 14,182 |
Home Office and Other |  |  | 1,922 |  |  | 2,080 |  |  | 4,464 |  |  | 9,667 |
Total Consolidated Additions to Long-Lived Assets |  | $ | 12,123 |  | $ | 13,600 |  | $ | 396,181 |  | $ | 235,346 |
Reconciliation to Consolidated Financial Statements: |  |  |  |  |  |  |  |  |  |  |  |  |
Capital Expenditures |  | $ | 12,123 |  | $ | 9,956 |  | $ | 32,529 |  | $ | 51,004 |
Increase in Capital Assets from Acquisitions |  |  | - |  |  | - |  |  | 4,913 |  |  | 13,487 |
Increase in Intangible Assets and Goodwill |  |  | - |  |  | 3,644 |  |  | 358,739 |  |  | 170,855 |
Total Increase in Consolidated Long-Lived Assets |  | $ | 12,123 |  | $ | 13,600 |  | $ | 396,181 |  | $ | 235,346 |
Depreciation Expense: |  |  |  |  |  |  |  |  |  |  |  |  |
Medical and Healthcare |  | $ | 6,652 |  | $ | 7,526 |  | $ | 19,850 |  | $ | 21,057 |
Professional Education |  |  | 119 |  |  | 66 |  |  | 466 |  |  | 549 |
Technology and Business |  |  | 2,881 |  |  | 1,272 |  |  | 6,991 |  |  | 3,535 |
U.S. Traditional Postsecondary |  |  | 5,773 |  |  | 7,805 |  |  | 17,689 |  |  | 24,719 |
Home Office and Other |  |  | 2,936 |  |  | 3,310 |  |  | 8,932 |  |  | 9,489 |
Total Consolidated Depreciation Expense |  | $ | 18,361 |  | $ | 19,979 |  | $ | 53,928 |  | $ | 59,349 |
Intangible Asset Amortization Expense: |  |  |  |  |  |  |  |  |  |  |  |  |
Professional Education |  | $ | 1,893 |  | $ | 147 |  | $ | 5,679 |  | $ | 447 |
Technology and Business |  |  | 899 |  |  | 1,200 |  |  | 2,808 |  |  | 3,325 |
U.S. Traditional Postsecondary |  |  | - |  |  | 65 |  |  | - |  |  | 190 |
Total Consolidated Amortization Expense |  | $ | 2,792 |  | $ | 1,412 |  | $ | 8,487 |  | $ | 3,962 |
(1) U.S. Traditional Postsecondary and Home Office and Other Operating Income includes $4.1 million and $52.2 million in charges, respectively, in the nine months ended March 31, 2017 for regulatory settlements as described in "Note 3: Regulatory Settlements." (2) In addition to the change in reportable segments, Home Office and Other Segment Assets and Total Consolidated Assets in fiscal year 2016 have been revised to reflect the reclassification of deferred tax assets and liabilities related to adoption of ASU No. 2015-17 "Income Taxes (Topic 740): Balance Sheet Classification of Deferred Taxes."
Revenues and Long-Lived Assets by Geographic Area | Revenue and long-lived assets by geographic area are as follows (in thousands):
|  | Three Months Ended |  | Nine Months Ended |
|  | March 31, |  | March 31, |
|  | 2017 |  | 2016 |  | 2017 |  | 2016 |
Revenue from Unaffiliated Customers: |  |  |  |  |  |  |  |  |  |  |  |  |
Domestic Operations |  | $ | 305,639 |  | $ | 336,927 |  | $ | 901,261 |  | $ | 982,656 |
International Operations: |  |  |  |  |  |  |  |  |  |  |  |  |
Dominica, St. Kitts and St. Maarten |  |  | 83,237 |  |  | 88,263 |  |  | 260,083 |  |  | 262,963 |
Brazil |  |  | 61,810 |  |  | 48,063 |  |  | 193,437 |  |  | 121,405 |
Other |  |  | 1,403 |  |  | 968 |  |  | 3,550 |  |  | 4,812 |
Total International |  |  | 146,450 |  |  | 137,294 |  |  | 457,070 |  |  | 389,180 |
Total Consolidated Revenue |  | $ | 452,089 |  | $ | 474,221 |  | $ | 1,358,331 |  | $ | 1,371,836 |
Long-Lived Assets: |  |  |  |  |  |  |  |  |  |  |  |  |
Domestic Operations |  | $ | 260,101 |  | $ | 309,281 |  | $ | 260,101 |  | $ | 309,281 |
International Operations: |  |  |  |  |  |  |  |  |  |  |  |  |
Dominica, St. Kitts and St. Maarten |  |  | 188,511 |  |  | 183,146 |  |  | 188,511 |  |  | 183,146 |
Brazil |  |  | 117,412 |  |  | 92,779 |  |  | 117,412 |  |  | 92,779 |
Other |  |  | 3,746 |  |  | 27 |  |  | 3,746 |  |  | 27 |
Total International |  |  | 309,669 |  |  | 275,952 |  |  | 309,669 |  |  | 275,952 |
Total Consolidated Long-Lived Assets |  | $ | 569,770 |  | $ | 585,233 |  | $ | 569,770 |  | $ | 585,233 |

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- Definition Tabular disclosure of information concerning material long-lived assets (excluding financial instruments, customer relationships with financial institutions, mortgage and other servicing rights, deferred policy acquisition costs, and deferred taxes assets) located in identified geographic areas and/or the amount of revenue from external customers attributed to that country from which revenue is material. An entity may also provide subtotals of geographic information about groups of countries. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 225 -SubTopic 10 -Section S99 -Paragraph 2 -Subparagraph (SX 210.5-03.1) -URI http://asc.fasb.org/extlink&oid=63488584&loc=d3e20235-122688 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 41 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e9038-108599 + Details
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- Definition Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8906-108599 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 25 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8813-108599 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 21 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8721-108599 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=35741047&loc=d3e13816-109267 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 22 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8736-108599 + Details
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