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QUARTERLY FINANCIAL DATA (UNAUDITED)
12 Months Ended
Jun. 30, 2019
Quarterly Financial Information Disclosure [Abstract]  
QUARTERLY FINANCIAL DATA (UNAUDITED)

NOTE 17: QUARTERLY FINANCIAL DATA (UNAUDITED)

Summarized unaudited quarterly data for the years ended June 30, 2019 and 2018, are as follows:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Quarter

 

 

 

 

    

First

    

Second

    

Third

    

Fourth

    

Total Year

Year Ended June 30, 2019

 

(in thousands, except per share amounts)

Revenue

 

$

284,190

 

$

316,594

 

$

308,609

 

$

330,294

 

$

1,239,687

Operating (Loss) Income from Continuing Operations

 

$

(2,508)

 

$

70,299

 

$

46,306

 

$

71,892

 

$

185,989

Amounts Attributable to Adtalem Global Education:

 

 

  

 

 

  

 

 

  

 

 

  

 

 

  

(Loss) Income from Continuing Operations

 

$

(4,823)

 

$

52,418

 

$

36,252

 

$

51,764

 

$

135,611

(Loss) Income from Discontinued Operations

 

$

(4,707)

 

$

(35,123)

 

$

1,653

 

$

(2,266)

 

$

(40,443)

Net (Loss) Income Attributable to Adtalem Global Education

 

$

(9,530)

 

$

17,295

 

$

37,905

 

$

49,498

 

$

95,168

Earnings (Loss) per Common Share Attributable to Adtalem Global Education Shareholders:

 

 

  

 

 

  

 

 

  

 

 

  

 

 

  

Basic:

 

 

  

 

 

  

 

 

  

 

 

  

 

 

  

Continuing Operations

 

$

(0.08)

 

$

0.89

 

$

0.62

 

$

0.92

 

$

2.32

Discontinued Operations

 

$

(0.08)

 

$

(0.59)

 

$

0.03

 

$

(0.04)

 

$

(0.69)

Total

 

$

(0.16)

 

$

0.29

 

$

0.65

 

$

0.88

 

$

1.63

Diluted:

 

 

  

 

 

  

 

 

  

 

 

  

 

 

  

Continuing Operations

 

$

(0.08)

 

$

0.87

 

$

0.62

 

$

0.90

 

$

2.29

Discontinued Operations

 

$

(0.08)

 

$

(0.59)

 

$

0.03

 

$

(0.04)

 

$

(0.68)

Total

 

$

(0.16)

 

$

0.29

 

$

0.64

 

$

0.86

 

$

1.60

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Quarter

 

 

 

 

    

First

    

Second

    

Third

    

Fourth

    

Total Year

Year Ended June 30, 2018

 

(in thousands, except per share amounts)

Revenue

 

$

293,143

 

$

308,211

 

$

310,070

 

$

319,787

 

$

1,231,211

Operating Income from Continuing Operations

 

$

29,886

 

$

59,919

 

$

52,504

 

$

65,167

 

$

207,476

Amounts Attributable to Adtalem Global Education:

 

 

  

 

 

  

 

 

  

 

 

  

 

 

  

Income (Loss) from Continuing Operations

 

$

25,438

 

$

(51,841)

 

$

42,905

 

$

97,413

 

$

113,915

Loss from Discontinued Operations

 

$

(12,653)

 

$

(29,315)

 

$

(3,571)

 

$

(34,607)

 

$

(80,146)

Net Income (Loss) Attributable to Adtalem Global Education

 

$

12,785

 

$

(81,156)

 

$

39,334

 

$

62,806

 

$

33,769

Earnings (Loss) per Common Share Attributable to Adtalem Global Education Shareholders:

 

 

  

 

 

  

 

 

  

 

 

  

 

 

  

Basic:

 

 

  

 

 

  

 

 

  

 

 

  

 

 

  

Continuing Operations

 

$

0.41

 

$

(0.85)

 

$

0.70

 

$

1.60

 

$

1.85

Discontinued Operations

 

$

(0.20)

 

$

(0.48)

 

$

(0.06)

 

$

(0.57)

 

$

(1.30)

Total

 

$

0.20

 

$

(1.33)

 

$

0.64

 

$

1.03

 

$

0.55

Diluted:

 

 

  

 

 

  

 

 

  

 

 

  

 

 

  

Continuing Operations

 

$

0.40

 

$

(0.85)

 

$

0.69

 

$

1.58

 

$

1.83

Discontinued Operations

 

$

(0.20)

 

$

(0.48)

 

$

(0.06)

 

$

(0.56)

 

$

(1.29)

Total

 

$

0.20

 

$

(1.33)

 

$

0.63

 

$

1.02

 

$

0.54