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DISCONTINUED OPERATIONS AND ASSETS HELD FOR SALE (Tables) | 6 Months Ended
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Dec. 31, 2017
Discontinued Operations and Disposal Groups [Abstract] |
Balance Sheet Information of Assets and Liabilities Reported as Discontinued Operations | The following is a summary of balance sheet information of assets and liabilities reported as discontinued operations (in thousands).
|  | December 31, |  | June 30, |  | December 31, |
|  | 2017 |  | 2017 |  | 2016 |
ASSETS: |  |  |  |  |  |  |  |  |  |
Current Assets: |  |  |  |  |  |  |  |  |  |
Cash and Cash Equivalents |  | $ | 902 |  | $ | 1,553 |  | $ | 2,085 |
Restricted Cash |  |  | 5,880 |  |  | 4,358 |  |  | 5,470 |
Accounts Receivable, Net |  |  | 11,206 |  |  | 11,957 |  |  | 22,296 |
Prepaid Expenses and Other |  |  | 10,138 |  |  | 5,748 |  |  | 7,351 |
Total Current Assets Held for Sale |  |  | 28,126 |  |  | 23,616 |  |  | 37,202 |
Land, Building and Equipment Held for Sale, Net |  |  | - |  |  | 37,904 |  |  | 39,967 |
Other Assets: |  |  |  |  |  |  |  |  |  |
Intangible Assets |  |  | - |  |  | 1,645 |  |  | 1,645 |
Goodwill |  |  | - |  |  | 22,196 |  |  | 22,196 |
Perkins Program Fund, Net |  |  | 13,450 |  |  | 13,450 |  |  | 13,450 |
Other Assets, Net |  |  | - |  |  | 999 |  |  | 813 |
Total Other Assets Held for Sale |  |  | 13,450 |  |  | 38,290 |  |  | 38,104 |
Total Assets Held for Sale |  | $ | 41,576 |  | $ | 99,810 |  | $ | 115,273 |
LIABILITIES: |  |  |  |  |  |  |  |  |  |
Current Liabilities: |  |  |  |  |  |  |  |  |  |
Accounts Payable |  | $ | 14,713 |  | $ | 17,868 |  | $ | 15,770 |
Accrued Salaries, Wages and Benefits |  |  | 10,223 |  |  | 14,580 |  |  | 14,184 |
Accrued Liabilities |  |  | 7,287 |  |  | 8,937 |  |  | 7,216 |
Deferred Revenue |  |  | 4,246 |  |  | 1,788 |  |  | 8,557 |
Total Current Liabilities Held for Sale |  |  | 36,469 |  |  | 43,173 |  |  | 45,727 |
Total Liabilities Held for Sale |  | $ | 36,469 |  | $ | 43,173 |  | $ | 45,727 |
The following is a summary of income statement information of operations reported as discontinued operations (in thousands).
|  | Three Months Ended |  | Six Months Ended |
|  | December 31, |  | December 31, |
|  | 2017 |  | 2016 |  | 2017 |  | 2016 |
REVENUE: |  |  |  |  |  |  |  |  |  |  |  |  |
Tuition |  | $ | 86,172 |  | $ | 118,000 |  | $ | 172,840 |  | $ | 230,130 |
Other Educational |  |  | 4,471 |  |  | 4,390 |  |  | 13,550 |  |  | 13,127 |
Total Revenue |  |  | 90,643 |  |  | 122,390 |  |  | 186,390 |  |  | 243,257 |
OPERATING COST AND EXPENSE: |  |  |  |  |  |  |  |  |  |  |  |  |
Cost of Educational Services |  |  | 48,221 |  |  | 60,639 |  |  | 100,397 |  |  | 123,826 |
Student Services and Administrative Expense |  |  | 36,624 |  |  | 44,484 |  |  | 85,896 |  |  | 102,084 |
Restructuring Expense |  |  | 2,209 |  |  | 2,087 |  |  | 7,814 |  |  | 3,785 |
Asset Impairment Charge - Intangible and Goodwill |  |  | 23,841 |  |  | - |  |  | 23,841 |  |  | - |
Asset Impairment Charge - Building and Equipment |  |  | 23,391 |  |  | - |  |  | 23,391 |  |  | - |
Loss on Sale of Assets |  |  | 230 |  |  | - |  |  | 230 |  |  | - |
Regulatory Settlements |  |  | - |  |  | 4,102 |  |  | - |  |  | 4,102 |
Loss on Assets Held for Sale |  |  | - |  |  | 4,764 |  |  | - |  |  | 4,764 |
Total Operating Cost and Expense |  |  | 134,516 |  |  | 116,076 |  |  | 241,569 |  |  | 238,561 |
Operating (Loss) Income from Discontinued Operations |  |  | (43,873) |  |  | 6,314 |  |  | (55,179) |  |  | 4,696 |
Interest Income |  |  | - |  |  | 7 |  |  | - |  |  | 20 |
(Loss) Income from Discontinued Operations Before |  |  |  |  |  |  |  |  |  |  |  |  |
Income Taxes |  |  | (43,873) |  |  | 6,321 |  |  | (55,179) |  |  | 4,716 |
Income Tax Benefit |  |  | 18,453 |  |  | 1,134 |  |  | 20,371 |  |  | 1,952 |
(Loss) Income from Discontinued Operations |  | $ | (25,420) |  | $ | 7,455 |  | $ | (34,808) |  | $ | 6,668 |

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- Definition Tabular disclosure of information related to a disposal group. Includes, but is not limited to, a discontinued operation, disposal classified as held-for-sale or disposed of by means other than sale or disposal of an individually significant component. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 45 -Paragraph 11 -URI http://asc.fasb.org/extlink&oid=65878427&loc=SL51721533-107759 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 50 -Paragraph 4B -URI http://asc.fasb.org/extlink&oid=64827811&loc=SL51721665-107760 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=64827811&loc=d3e1474-107760 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=64827811&loc=d3e1361-107760 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 50 -Paragraph 7 -URI http://asc.fasb.org/extlink&oid=64827811&loc=SL51721683-107760 Reference 6: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 360 -SubTopic 10 -Section 50 -Paragraph 3A -URI http://asc.fasb.org/extlink&oid=84176398&loc=SL51724579-110230 Reference 7: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 50 -Paragraph 5C -URI http://asc.fasb.org/extlink&oid=64827811&loc=SL51721675-107760 Reference 8: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 50 -Paragraph 4A -URI http://asc.fasb.org/extlink&oid=64827811&loc=SL51721663-107760 Reference 9: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 360 -SubTopic 10 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=84176398&loc=d3e2941-110230 Reference 10: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 50 -Paragraph 5B -URI http://asc.fasb.org/extlink&oid=64827811&loc=SL51721673-107760 Reference 11: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 50 -Paragraph 3A -URI http://asc.fasb.org/extlink&oid=64827811&loc=SL51721659-107760 Reference 12: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 50 -Paragraph 5A -URI http://asc.fasb.org/extlink&oid=64827811&loc=SL51721671-107760 Reference 13: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 50 -Paragraph 5D -URI http://asc.fasb.org/extlink&oid=64827811&loc=SL51721677-107760 + Details
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