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SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)

12 Months Ended

Jun. 30, 2019

Accounting Policies [Abstract]

Available-For-Sale Marketable Securities

Marketable securities and investments consist of investments in mutual funds, which are classified as available-for-sale securities. The following is a summary of our available-for-sale marketable securities at June 30, 2019 (in thousands):

		Gross Unrealized
		Cost			(Loss)			Gain			Fair Value
Marketable Securities:
Bond Mutual Fund		$	2,099		$	—		$	130		$	2,229
Stock Mutual Funds			5,749			—			702			6,451
Total Marketable Securities		$	7,848		$	—		$	832		$	8,680

The following is a summary of our available-for-sale marketable securities at June 30, 2018 (in thousands):

		Gross Unrealized
		Cost			(Loss)			Gain			Fair Value
Marketable Securities:
Bond Mutual Fund		$	1,137		$	—		$	32		$	1,169
Stock Mutual Funds			2,581			—			505			3,086
Total Marketable Securities		$	3,718		$	—		$	537		$	4,255

Disaggregate revenue

The following tables disaggregate revenue by source (in thousands):

		Year Ended June 30, 2019
		Medical and			Financial			Business and			Home Office
		Healthcare			Services			Law			and Other			Consolidated
Higher Education		$	835,908		$	—		$	211,883		$	—		$	1,047,791
Test Preparation			—			87,527			13,961			(3,229)			98,259
Certifications			—			33,549			—			—			33,549
Conferences/Seminars			—			28,690			—			—			28,690
Memberships/Subscriptions			—			16,574			—			—			16,574
Other			13,953			871			—			—			14,824
Total		$	849,861		$	167,211		$	225,844		$	(3,229)		$	1,239,687

		Year Ended June 30, 2018
		Medical and			Financial			Business and			Home Office
		Healthcare			Services			Law			and Other			Consolidated
Higher Education		$	815,674		$	—		$	249,608		$	—		$	1,065,282
Test Preparation			—			82,825			21,326			(2,592)			101,559
Certifications			—			27,653			—			—			27,653
Conferences/Seminars			—			21,997			—			—			21,997
Memberships/Subscriptions			—			13,728			—			—			13,728
Other			—			992			—			—			992
Total		$	815,674		$	147,195		$	270,934		$	(2,592)		$	1,231,211

Reconciliation of Non-Controlling Interest Balance

The following is a reconciliation of the noncontrolling interest balance (in thousands):

		Year Ended June 30,
		2019			2018
Balance at Beginning of Period		$	9,110		$	6,285
Net Income Attributable to Noncontrolling Interest			413			528
Increase (Decrease) in Redemption Value of Noncontrolling Interest Put Options			20			(1,872)
Acquisition of Noncontrolling Interest in EduPristine			—			4,074
Capital Investment from Noncontrolling Interest in EduPristine			—			95
Balance at End of Period		$	9,543		$	9,110

Reconciliation of Basic Shares to Diluted Shares

The following is a reconciliation of basic shares to diluted shares (in thousands):

		June 30,
		2019		2018		2017
Weighted Average Shares Outstanding		58,017		60,760		62,656
Unvested Participating RSUs		523		702		843
Basic Shares		58,540		61,462		63,499
Effect of Dilutive Stock Options		790		818		520
Diluted Shares		59,330		62,280		64,019

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Tabular disclosure of investment in debt security measured at fair value with change in fair value recognized in other comprehensive income (available-for-sale).

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