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SEGMENT INFORMATION (Tables) | 6 Months Ended
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Dec. 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 December 31, |  | Six Months Ended December 31, |
|  | 2017 |  | 2016 |  | 2017 |  | 2016 |
Revenue: |  |  |  |  |  |  |  |  |  |  |  |  |
Medical and Healthcare |  | $ | 203,297 |  | $ | 201,409 |  | $ | 394,582 |  | $ | 401,178 |
Professional Education |  |  | 30,359 |  |  | 27,366 |  |  | 70,401 |  |  | 62,096 |
Technology and Business |  |  | 75,133 |  |  | 73,387 |  |  | 137,572 |  |  | 131,627 |
U.S. Traditional Postsecondary |  |  | 29,033 |  |  | 32,445 |  |  | 61,168 |  |  | 69,431 |
Home Office and Other |  |  | (578) |  |  | (649) |  |  | (1,201) |  |  | (1,347) |
Total Consolidated Revenue |  | $ | 337,244 |  | $ | 333,958 |  | $ | 662,522 |  | $ | 662,985 |
Operating Income (Loss): |  |  |  |  |  |  |  |  |  |  |  |  |
Medical and Healthcare |  | $ | 55,047 |  | $ | 52,152 |  | $ | 81,279 |  | $ | 96,016 |
Professional Education |  |  | 2,193 |  |  | 134 |  |  | 12,700 |  |  | 6,191 |
Technology and Business |  |  | 13,991 |  |  | 13,482 |  |  | 15,852 |  |  | 11,506 |
U.S. Traditional Postsecondary |  |  | (5,779) |  |  | (6,281) |  |  | (11,293) |  |  | (8,301) |
Home Office and Other (1) |  |  | (10,068) |  |  | (60,957) |  |  | (17,412) |  |  | (72,156) |
Total Consolidated Operating Income (Loss) |  | $ | 55,384 |  | $ | (1,470) |  | $ | 81,126 |  | $ | 33,256 |
Segment Assets: |  |  |  |  |  |  |  |  |  |  |  |  |
Medical and Healthcare |  | $ | 954,114 |  | $ | 956,510 |  | $ | 954,114 |  | $ | 956,510 |
Professional Education |  |  | 444,029 |  |  | 456,824 |  |  | 444,029 |  |  | 456,824 |
Technology and Business |  |  | 610,803 |  |  | 581,355 |  |  | 610,803 |  |  | 581,355 |
U.S. Traditional Postsecondary |  |  | 55,008 |  |  | 57,246 |  |  | 55,008 |  |  | 57,246 |
Home Office and Other |  |  | 105,192 |  |  | 134,225 |  |  | 105,192 |  |  | 134,225 |
Discontinued Operations |  |  | 41,576 |  |  | 115,273 |  |  | 41,576 |  |  | 115,273 |
Total Consolidated Assets |  | $ | 2,210,722 |  | $ | 2,301,433 |  | $ | 2,210,722 |  | $ | 2,301,433 |
Additions to Long-Lived Assets: |  |  |  |  |  |  |  |  |  |  |  |  |
Medical and Healthcare |  | $ | 8,669 |  | $ | 3,541 |  | $ | 14,336 |  | $ | 6,844 |
Professional Education |  |  | 298 |  |  | - |  |  | 1,221 |  |  | 363,658 |
Technology and Business |  |  | 12,407 |  |  | 2,828 |  |  | 15,748 |  |  | 7,613 |
U.S. Traditional Postsecondary |  |  | 360 |  |  | 559 |  |  | 1,121 |  |  | 1,766 |
Home Office and Other |  |  | 2,463 |  |  | 1,315 |  |  | 4,305 |  |  | 2,542 |
Total Consolidated Additions to Long-Lived Assets |  | $ | 24,197 |  | $ | 8,243 |  | $ | 36,731 |  | $ | 382,423 |
Reconciliation to Consolidated Financial Statements: |  |  |  |  |  |  |  |  |  |  |  |  |
Capital Expenditures |  | $ | 20,060 |  | $ | 8,243 |  | $ | 32,594 |  | $ | 18,771 |
Increase in Capital Assets from Acquisitions |  |  | 16 |  |  | - |  |  | 16 |  |  | 4,913 |
Increase in Intangible Assets and Goodwill |  |  | 4,121 |  |  | - |  |  | 4,121 |  |  | 358,739 |
Total Increase in Consolidated Long-Lived Assets |  | $ | 24,197 |  | $ | 8,243 |  | $ | 36,731 |  | $ | 382,423 |
Depreciation Expense: |  |  |  |  |  |  |  |  |  |  |  |  |
Medical and Healthcare |  | $ | 6,332 |  | $ | 6,720 |  | $ | 12,909 |  | $ | 13,198 |
Professional Education |  |  | 289 |  |  | 180 |  |  | 527 |  |  | 347 |
Technology and Business |  |  | 2,477 |  |  | 2,169 |  |  | 5,103 |  |  | 4,110 |
U.S. Traditional Postsecondary |  |  | 1,169 |  |  | 1,201 |  |  | 2,300 |  |  | 2,392 |
Home Office and Other |  |  | 1,853 |  |  | 3,060 |  |  | 4,026 |  |  | 5,996 |
Total Consolidated Depreciation Expense |  | $ | 12,120 |  | $ | 13,330 |  | $ | 24,865 |  | $ | 26,043 |
Intangible Asset Amortization Expense: |  |  |  |  |  |  |  |  |  |  |  |  |
Professional Education |  | $ | 1,626 |  | $ | 1,884 |  | $ | 3,251 |  | $ | 3,786 |
Technology and Business |  |  | 837 |  |  | 548 |  |  | 1,709 |  |  | 1,909 |
Total Consolidated Amortization Expense |  | $ | 2,463 |  | $ | 2,432 |  | $ | 4,960 |  | $ | 5,695 |
(1) Home Office and Other Operating Loss includes $52.2 million in charges in the three and six months ended December 31, 2016 for regulatory settlements as described in “Note 3: Regulatory Settlements.”
Revenues and Long-Lived Assets by Geographic Area | Revenue and long-lived assets by geographic area are as follows (in thousands):
|  | Three Months Ended December 31, |  | Six Months Ended December 31, |
|  | 2017 |  | 2016 |  | 2017 |  | 2016 |
Revenue from Unaffiliated Customers: |  |  |  |  |  |  |  |  |  |  |  |  |
Domestic Operations |  | $ | 173,128 |  | $ | 171,196 |  | $ | 357,288 |  | $ | 352,363 |
International Operations: |  |  |  |  |  |  |  |  |  |  |  |  |
Dominica, St. Kitts and St. Maarten |  |  | 88,236 |  |  | 88,542 |  |  | 165,614 |  |  | 176,846 |
Brazil |  |  | 75,133 |  |  | 73,387 |  |  | 137,572 |  |  | 131,627 |
Other |  |  | 747 |  |  | 833 |  |  | 2,048 |  |  | 2,149 |
Total International |  |  | 164,116 |  |  | 162,762 |  |  | 305,234 |  |  | 310,622 |
Total Consolidated Revenue |  | $ | 337,244 |  | $ | 333,958 |  | $ | 662,522 |  | $ | 662,985 |
Long-Lived Assets: |  |  |  |  |  |  |  |  |  |  |  |  |
Domestic Operations |  | $ | 177,562 |  | $ | 211,319 |  | $ | 177,562 |  | $ | 211,319 |
International Operations: |  |  |  |  |  |  |  |  |  |  |  |  |
Dominica, St. Kitts and St. Maarten |  |  | 167,841 |  |  | 190,796 |  |  | 167,841 |  |  | 190,796 |
Brazil |  |  | 106,884 |  |  | 111,096 |  |  | 106,884 |  |  | 111,096 |
Other |  |  | 4,143 |  |  | 3,575 |  |  | 4,143 |  |  | 3,575 |
Total International |  |  | 278,868 |  |  | 305,467 |  |  | 278,868 |  |  | 305,467 |
Total Consolidated Long-Lived Assets |  | $ | 456,430 |  | $ | 516,786 |  | $ | 456,430 |  | $ | 516,786 |

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