INTANGIBLE ASSETS (Tables)

9 Months Ended

Mar. 31, 2018

Goodwill and Intangible Assets Disclosure [Abstract]

Intangible assets consist of the following (in thousands):

	March 31, 2018
	Gross Carrying Amount		Accumulated Amortization			Weighted Average Amortization Period
Amortizable Intangible Assets:
Student Relationships	$	9,601	$	(7,831	)	5 Years
Customer Relationships		42,900		(8,430	)	10 Years
Non-compete Agreements		700		(691	)	1 Year
Curriculum/Software		7,148		(3,901	)	4 Years
Franchise Contracts		10,621		(1,868	)	18 Years
Clinical Agreements		393		(125	)	15 Years
Trade Names		1,146		(1,031	)	10 Years
Proprietary Technology		500		(219	)	4 Years
Total	$	73,009	$	(24,096	)
Indefinite-Lived Intangible Assets:
Trade Names	$	109,755
Ross Title IV Eligibility and Accreditations		14,100
Intellectual Property		13,940
Chamberlain Title IV Eligibility and Accreditations		1,200
Carrington Title IV Eligibility and Accreditations		20,200
AUC Title IV Eligibility and Accreditations		100,000
Adtalem Brazil Accreditation		97,234
Total	$	356,429

	June 30, 2017
	Gross Carrying Amount		Accumulated Amortization
Amortizable Intangible Assets:
Student Relationships	$	12,459	$	(9,323	)
Customer Relationships		42,900		(4,923	)
Non-compete Agreements		700		(665	)
Curriculum/Software		7,147		(2,329	)
Franchise Contracts		10,615		(1,425	)
Clinical Agreements		393		(104	)
Trade Names		1,145		(945	)
Proprietary Technology		500		(125	)
Total	$	75,859	$	(19,839	)
Indefinite-Lived Intangible Assets:
Trade Names	$	109,519
Ross Title IV Eligibility and Accreditations		14,100
Intellectual Property		13,940
Chamberlain Title IV Eligibility and Accreditations		1,200
Carrington Title IV Eligibility and Accreditations		20,200
AUC Title IV Eligibility and Accreditations		100,000
Adtalem Brazil Accreditation		97,179
Total	$	356,138

	March 31, 2017
	Gross Carrying Amount		Accumulated Amortization
Amortizable Intangible Assets:
Student Relationships	$	13,014	$	(9,149	)
Customer Relationships		42,900		(3,735	)
Non-compete Agreements		1,640		(1,439	)
Curriculum/Software		8,113		(2,699	)
Franchise Contracts		11,087		(1,335	)
Clinical Agreements		411		(102	)
Trade Names		1,196		(957	)
Proprietary Technology		500		(94	)
Total	$	78,861	$	(19,510	)
Indefinite-Lived Intangible Assets:
Trade Names	$	111,008
Ross Title IV Eligibility and Accreditations		14,100
Intellectual Property		13,940
Chamberlain Title IV Eligibility and Accreditations		1,200
Carrington Title IV Eligibility and Accreditations		20,200
AUC Title IV Eligibility and Accreditations		100,000
Adtalem Brazil Accreditation		101,505
Total	$	361,953

Estimated Amortization Expense for Amortized Intangible Assets

Estimated amortization expense for amortizable intangible assets for the next five fiscal years ending June 30 and in the aggregate, by reporting unit, is as follows (in thousands):

	Professional		Adtalem
Fiscal Year	Education		Brazil		Total
2018	$	6,501	$	3,028	$	9,529
2019		6,422		2,062		8,484
2020		4,671		1,452		6,123
2021		4,440		909		5,349
2022		4,300		616		4,916
Thereafter		15,386		6,402		21,788

Changes in Carrying Amount of Goodwill, by Segment

The table below summarizes goodwill balances by reporting unit (in thousands):

	March 31,		June 30,		March 31,
Reporting Unit	2018		2017		2017
Chamberlain	$	4,716	$	4,716	$	4,716
AUC		68,321		68,321		68,321
RUSM and RUSVM		237,173		237,173		237,173
Professional Education		319,528		306,653		306,444
Adtalem Brazil		216,105		212,223		222,151
Total	$	845,843	$	829,086	$	838,805

The table below summarizes goodwill balances by reporting segment (in thousands):

	March 31,		June 30,		March 31,
Reporting Segment	2018		2017		2017
Medical and Healthcare	$	310,210	$	310,210	$	310,210
Professional Education		319,528		306,653		306,444
Technology and Business		216,105		212,223		222,151
Total	$	845,843	$	829,086	$	838,805

The table below summarizes the changes in the carrying amount of goodwill by reporting segment (in thousands):

									U.S. Traditional
									Postsecondary
	Medical					Technology					Accumulated
	and		Professional			and					Impairment
	Healthcare		Education			Business			Gross		Losses			Total
Balance at June 30, 2016		310,210		32,043			223,558			185,717		(185,717	)		565,811
Purchase Accounting Adjustments		-		-			(3,122	)		-		-			(3,122	)
Acquisitions		-		274,620			-			-		-			274,620
Foreign exchange rate changes		-		(219	)		1,715			-		-			1,496
Balance at March 31, 2017		310,210		306,444			222,151			185,717		(185,717	)		838,805
Purchase Accounting Adjustments		-		69			(481	)		-		-			(412	)
Foreign exchange rate changes		-		140			(9,447	)		-		-			(9,307	)
Balance at June 30, 2017		310,210		306,653			212,223			185,717		(185,717	)		829,086
Acquisitions		-		12,548			3,807			-		-			16,355
Foreign exchange rate changes		-		327			75			-		-			402
Balance at March 31, 2018	$	310,210	$	319,528		$	216,105		$	185,717	$	(185,717	)	$	845,843

Summary of Indefinite-Lived Intangible Assets Balances by Reporting Segment

The table below summarizes the indefinite-lived intangible asset balances by reporting segment (in thousands):

	March 31,		June 30,		March 31,
Reporting Segment	2018		2017		2017
Medical and Healthcare	$	137,500	$	137,500	$	137,500
Professional Education		67,812		67,812		67,812
Technology and Business		130,917		130,626		136,441
U.S. Traditional Postsecondary		20,200		20,200		20,200
Total	$	356,429	$	356,138	$	361,953