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SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables) | 6 Months Ended
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Dec. 31, 2018
Accounting Policies [Abstract] |
Disaggregate revenue | The following tables disaggregate revenue by source (in thousands):
|  | Three Months Ended December 31, 2018 |
|  | Medical and Healthcare |  |  | Professional Education |  |  | Technology and Business |  |  | Home Office and Other |  |  | Consolidated |
Higher Education |  | $ | 211,487 |  |  | $ | - |  |  | $ | 59,394 |  |  | $ | - |  |  | $ | 270,881 |
Test Preparation |  |  | - |  |  |  | 23,950 |  |  |  | 3,239 |  |  |  | (808 | ) |  |  | 26,381 |
Certifications |  |  | - |  |  |  | 7,284 |  |  |  | - |  |  |  | - |  |  |  | 7,284 |
Conferences/Seminars |  |  | - |  |  |  | 9,378 |  |  |  | - |  |  |  | - |  |  |  | 9,378 |
Memberships/Subscriptions |  |  | - |  |  |  | 1,263 |  |  |  | - |  |  |  | - |  |  |  | 1,263 |
Other |  |  | 1,140 |  |  |  | 267 |  |  |  | - |  |  |  | - |  |  |  | 1,407 |
|  | $ | 212,627 |  |  | $ | 42,142 |  |  | $ | 62,633 |  |  | $ | (808 | ) |  | $ | 316,594 |
|  | Six Months Ended December 31, 2018 |
|  | Medical and Healthcare |  |  | Professional Education |  |  | Technology and Business |  |  | Home Office and Other |  |  | Consolidated |
Higher Education |  | $ | 412,660 |  |  | $ | - |  |  | $ | 103,235 |  |  | $ | - |  |  | $ | 515,895 |
Test Preparation |  |  | - |  |  |  | 44,452 |  |  |  | 6,649 |  |  |  | (1,615 | ) |  |  | 49,486 |
Certifications |  |  | - |  |  |  | 15,498 |  |  |  | - |  |  |  | - |  |  |  | 15,498 |
Conferences/Seminars |  |  | - |  |  |  | 12,246 |  |  |  | - |  |  |  | - |  |  |  | 12,246 |
Memberships/Subscriptions |  |  | - |  |  |  | 5,199 |  |  |  | - |  |  |  | - |  |  |  | 5,199 |
Other |  |  | 2,067 |  |  |  | 393 |  |  |  | - |  |  |  | - |  |  |  | 2,460 |
|  | $ | 414,727 |  |  | $ | 77,788 |  |  | $ | 109,884 |  |  | $ | (1,615 | ) |  | $ | 600,784 |
|  | Three Months Ended December 31, 2017 |
|  | Medical and Healthcare |  |  | Professional Education |  |  | Technology and Business |  |  | Home Office and Other |  |  | Consolidated |
Higher Education |  | $ | 203,297 |  |  | $ | - |  |  | $ | 70,045 |  |  | $ | - |  |  | $ | 273,342 |
Test Preparation |  |  | - |  |  |  | 16,451 |  |  |  | 5,088 |  |  |  | (578 | ) |  |  | 20,961 |
Certifications |  |  | - |  |  |  | 6,968 |  |  |  | - |  |  |  | - |  |  |  | 6,968 |
Conferences/Seminars |  |  | - |  |  |  | 3,595 |  |  |  | - |  |  |  | - |  |  |  | 3,595 |
Memberships/Subscriptions |  |  | - |  |  |  | 3,257 |  |  |  | - |  |  |  | - |  |  |  | 3,257 |
Other |  |  | - |  |  |  | 88 |  |  |  | - |  |  |  | - |  |  |  | 88 |
|  | $ | 203,297 |  |  | $ | 30,359 |  |  | $ | 75,133 |  |  | $ | (578 | ) |  | $ | 308,211 |
|  | Six Months Ended December 31, 2017 |
|  | Medical and Healthcare |  |  | Professional Education |  |  | Technology and Business |  |  | Home Office and Other |  |  | Consolidated |
Higher Education |  | $ | 394,582 |  |  | $ | - |  |  | $ | 127,275 |  |  | $ | - |  |  | $ | 521,857 |
Test Preparation |  |  | - |  |  |  | 36,988 |  |  |  | 10,297 |  |  |  | (1,201 | ) |  |  | 46,084 |
Certifications |  |  | - |  |  |  | 15,828 |  |  |  | - |  |  |  | - |  |  |  | 15,828 |
Conferences/Seminars |  |  | - |  |  |  | 10,963 |  |  |  | - |  |  |  | - |  |  |  | 10,963 |
Memberships/Subscriptions |  |  | - |  |  |  | 6,272 |  |  |  | - |  |  |  | - |  |  |  | 6,272 |
Other |  |  | - |  |  |  | 350 |  |  |  | - |  |  |  | - |  |  |  | 350 |
|  | $ | 394,582 |  |  | $ | 70,401 |  |  | $ | 137,572 |  |  | $ | (1,201 | ) |  | $ | 601,354 |
Reconciliation of Non-Controlling Interest Balance | The following is a reconciliation of the noncontrolling interest balance (in thousands):
|  | Three Months Ended December 31, |  |  | Six Months Ended December 31, |
|  | 2018 |  |  | 2017 |  |  | 2018 |  |  | 2017 |
Balance at Beginning of Period |  | $ | 8,814 |  |  | $ | 6,566 |  |  | $ | 9,110 |  |  | $ | 6,285 |
Net Income Attributable to Noncontrolling Interest |  |  | 211 |  |  |  | 374 |  |  |  | 156 |  |  |  | 505 |
Increase in Redemption Value of Noncontrolling Interest Put Options |  |  | (374 | ) |  |  | 465 |  |  |  | (615 | ) |  |  | 615 |
Balance at End of Period |  | $ | 8,651 |  |  | $ | 7,405 |  |  | $ | 8,651 |  |  | $ | 7,405 |
Reconciliation of Basic Shares to Diluted Shares | The following is a reconciliation of basic shares to diluted shares (in thousands):
|  | Three Months Ended December 31, |  |  | Six Months Ended December 31, |
|  | 2018 |  |  | 2017 |  |  | 2018 |  |  | 2017 |
Weighted Average Shares Outstanding |  |  | 58,640 |  |  |  | 60,529 |  |  |  | 59,181 |  |  |  | 61,271 |
Unvested Participating RSUs |  |  | 545 |  |  |  | 705 |  |  |  | 575 |  |  |  | 738 |
Basic Shares |  |  | 59,185 |  |  |  | 61,234 |  |  |  | 59,756 |  |  |  | 62,009 |
Effect of Dilutive Stock Options |  |  | 815 |  |  |  | 789 |  |  |  | 842 |  |  |  | 696 |
Diluted Shares |  |  | 60,000 |  |  |  | 62,023 |  |  |  | 60,598 |  |  |  | 62,705 |

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