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RESTRUCTURING CHARGES | 3 Months Ended
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Sep. 30, 2017
Restructuring and Related Activities [Abstract] |
RESTRUCTURING CHARGES | NOTE 10: RESTRUCTURING CHARGES During the first three months of fiscal year 2018, Adtalem recorded restructuring charges primarily related to reductions in force (“RIF”) at DeVry University and Adtalem’s home office. Termination benefit charges, as a result of reducing Adtalem’s workforce by 160 positions in the first three months of fiscal year 2018, represented severance pay and benefits for these employees. We also recorded a reduction to restructuring charges in the first three months of fiscal year 2018 for an adjustment to previously accrued estimates for real estate consolidations Adtalem’s at home office. During the first three months of fiscal year 2017, Adtalem recorded restructuring charges primarily related to real estate consolidations at DeVry University, Carrington and Adtalem’s home office. Adtalem’s home office is classified as “Home Office and Other” in “Note 14: Segment Information” to the Consolidated Financial Statements. Pre-tax restructuring charges by segment were as follows (in thousands):
|  | Three Months Ended September 30, 2017 |
|  | Real |  | Termination |  |  |
|  | Estate |  | Benefits |  | Total |
Medical and Healthcare |  | $ | 26 |  | $ | 86 |  | $ | 112 |
U.S. Traditional Postsecondary |  |  | 999 |  |  | 5,857 |  |  | 6,856 |
Home Office and Other |  |  | (625) |  |  | 1,650 |  |  | 1,025 |
Total |  | $ | 400 |  | $ | 7,593 |  | $ | 7,993 |
|  | Three Months Ended September 30, 2016 |
|  | Real |  | Termination |  |  |
|  | Estate |  | Benefits |  | Total |
U.S. Traditional Postsecondary |  | $ | 3,066 |  | $ | - |  | $ | 3,066 |
Home Office and Other |  |  | 1,663 |  |  | 318 |  |  | 1,981 |
Total |  | $ | 4,729 |  | $ | 318 |  | $ | 5,047 |
The following table summarizes the separation and restructuring plan activity for the fiscal years 2018 and 2017, for which cash payments are required (in thousands):
Liability balance at June 30, 2016 |  | $ | 48,223 |
Increase in liability (separation and other charges) |  |  | 27,620 |
Reduction in liability (payments and adjustments) |  |  | (29,728) |
Liability balance at June 30, 2017 |  |  | 46,115 |
Increase in liability (separation and other charges) |  |  | 7,826 |
Reduction in liability (payments and adjustments) |  |  | (7,794) |
Liability balance at September 30, 2017 |  | $ | 46,147 |
Of this liability balance, $19.4 million is recorded as Accrued Expenses and $26.7 million is recorded as Deferred Rent and Other Liabilities in the Consolidated Balance Sheet at September 30, 2017. These liability balances primarily represent rent accruals and costs for employees that have either not yet separated from Adtalem or their full severance has not yet been paid. All of these remaining costs are expected to be paid over the next 12 months except for rent charges, which may be paid out for periods of up to 8 years.

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- Definition The entire disclosure for restructuring and related activities. Description of restructuring activities such as exit and disposal activities, include facts and circumstances leading to the plan, the expected plan completion date, the major types of costs associated with the plan activities, total expected costs, the accrual balance at the end of the period, and the periods over which the remaining accrual will be settled. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 420 -URI http://asc.fasb.org/topic&trid=2175745 + Details
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