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v3.19.1

SEGMENT INFORMATION (Tables) | 9 Months Ended
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Mar. 31, 2019
Segment Reporting [Abstract] |
Tabulation of Business Segment Information Based on Current Segmentation | Summary financial information by reporting segment is as follows (in thousands):
|  | Three Months Ended March 31, |  |  | Nine Months Ended March 31, |
|  | 2019 |  |  | 2018 |  |  | 2019 |  |  | 2018 |
Revenue: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Medical and Healthcare |  | $ | 223,575 |  |  | $ | 220,067 |  |  | $ | 638,302 |  |  | $ | 614,649 |
Professional Education |  |  | 35,935 |  |  |  | 31,505 |  |  |  | 113,723 |  |  |  | 101,906 |
Technology and Business |  |  | 49,907 |  |  |  | 59,030 |  |  |  | 159,791 |  |  |  | 196,602 |
Home Office and Other |  |  | (808 | ) |  |  | (532 | ) |  |  | (2,423 | ) |  |  | (1,733 | )
Total Consolidated Revenue |  | $ | 308,609 |  |  | $ | 310,070 |  |  | $ | 909,393 |  |  | $ | 911,424 |
Operating Income (Loss) from Continuing Operations: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Medical and Healthcare |  | $ | 53,093 |  |  | $ | 60,304 |  |  | $ | 115,396 |  |  | $ | 141,583 |
Professional Education |  |  | 5,086 |  |  |  | 2,382 |  |  |  | 19,469 |  |  |  | 15,082 |
Technology and Business |  |  | (2,561 | ) |  |  | (103 | ) |  |  | 3,165 |  |  |  | 15,749 |
Home Office and Other |  |  | (9,312 | ) |  |  | (10,079 | ) |  |  | (23,933 | ) |  |  | (30,105 | )
Total Consolidated Operating Income from Continuing Operations |  | $ | 46,306 |  |  | $ | 52,504 |  |  | $ | 114,097 |  |  | $ | 142,309 |
Segment Assets: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Medical and Healthcare |  | $ | 827,452 |  |  | $ | 935,360 |  |  | $ | 827,452 |  |  | $ | 935,360 |
Professional Education |  |  | 446,752 |  |  |  | 455,358 |  |  |  | 446,752 |  |  |  | 455,358 |
Technology and Business |  |  | 559,408 |  |  |  | 625,752 |  |  |  | 559,408 |  |  |  | 625,752 |
Home Office and Other |  |  | 315,091 |  |  |  | 176,117 |  |  |  | 315,091 |  |  |  | 176,117 |
Discontinued Operations |  |  | - |  |  |  | 95,739 |  |  |  | - |  |  |  | 95,739 |
Total Consolidated Assets |  | $ | 2,148,703 |  |  | $ | 2,288,326 |  |  | $ | 2,148,703 |  |  | $ | 2,288,326 |
Additions to Long-Lived Assets: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Medical and Healthcare |  | $ | 10,978 |  |  | $ | 10,740 |  |  | $ | 37,696 |  |  | $ | 25,076 |
Professional Education |  |  | 84 |  |  |  | 12,918 |  |  |  | 1,487 |  |  |  | 14,139 |
Technology and Business |  |  | 2,287 |  |  |  | 3,746 |  |  |  | 5,584 |  |  |  | 19,445 |
Home Office and Other |  |  | 2,149 |  |  |  | 4,506 |  |  |  | 6,086 |  |  |  | 8,811 |
Total Consolidated Additions to Long-Lived Assets |  | $ | 15,498 |  |  | $ | 31,910 |  |  | $ | 50,853 |  |  | $ | 67,471 |
Reconciliation to Consolidated Financial Statements: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Capital Expenditures |  | $ | 15,498 |  |  | $ | 18,960 |  |  | $ | 50,853 |  |  | $ | 50,433 |
Increase in Capital Assets from Acquisitions |  |  | - |  |  |  | 287 |  |  |  | - |  |  |  | 303 |
Increase in Intangible Assets and Goodwill |  |  | - |  |  |  | 12,663 |  |  |  | - |  |  |  | 16,735 |
Total Increase in Consolidated Long-Lived Assets |  | $ | 15,498 |  |  | $ | 31,910 |  |  | $ | 50,853 |  |  | $ | 67,471 |
Depreciation Expense (1): |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Medical and Healthcare |  | $ | 7,680 |  |  | $ | 8,360 |  |  | $ | 20,449 |  |  | $ | 23,171 |
Professional Education |  |  | 480 |  |  |  | 533 |  |  |  | 1,212 |  |  |  | 1,515 |
Technology and Business |  |  | 2,348 |  |  |  | 2,569 |  |  |  | 7,032 |  |  |  | 7,792 |
Home Office and Other |  |  | 653 |  |  |  | 399 |  |  |  | 3,065 |  |  |  | 1,076 |
Total Consolidated Depreciation Expense |  | $ | 11,161 |  |  | $ | 11,861 |  |  | $ | 31,758 |  |  | $ | 33,554 |
Intangible Asset Amortization Expense: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Professional Education |  | $ | 1,605 |  |  | $ | 1,626 |  |  | $ | 4,816 |  |  | $ | 4,876 |
Technology and Business |  |  | 389 |  |  |  | 748 |  |  |  | 1,415 |  |  |  | 2,457 |
Total Consolidated Amortization Expense |  | $ | 1,994 |  |  | $ | 2,374 |  |  | $ | 6,231 |  |  | $ | 7,333 |
(1) Depreciation expense for each reporting segment has been modified to current presentation to include the Home Office and Other depreciation which is allocated to each reporting segment.
Revenues and Long-Lived Assets by Geographic Area | Revenue and long-lived assets by geographic area are as follows (in thousands):
|  | Three Months Ended March 31, |  |  | Nine Months Ended March 31, |
|  | 2019 |  |  | 2018 |  |  | 2019 |  |  | 2018 |
Revenue from Unaffiliated Customers: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Domestic Operations |  | $ | 160,948 |  |  | $ | 157,064 |  |  | $ | 468,787 |  |  | $ | 453,183 |
International Operations: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Barbados, Dominica, St. Kitts and St. Maarten |  |  | 95,366 |  |  |  | 91,580 |  |  |  | 274,207 |  |  |  | 257,194 |
Brazil |  |  | 49,907 |  |  |  | 59,030 |  |  |  | 159,791 |  |  |  | 196,602 |
Other |  |  | 2,388 |  |  |  | 2,396 |  |  |  | 6,608 |  |  |  | 4,445 |
Total International |  |  | 147,661 |  |  |  | 153,006 |  |  |  | 440,606 |  |  |  | 458,241 |
Total Consolidated Revenue |  | $ | 308,609 |  |  | $ | 310,070 |  |  | $ | 909,393 |  |  | $ | 911,424 |
Long-Lived Assets: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Domestic Operations |  | $ | 156,881 |  |  | $ | 150,759 |  |  | $ | 156,881 |  |  | $ | 150,759 |
International Operations: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Barbados, Dominica, St. Kitts and St. Maarten |  |  | 174,827 |  |  |  | 174,921 |  |  |  | 174,827 |  |  |  | 174,921 |
Brazil |  |  | 89,233 |  |  |  | 107,573 |  |  |  | 89,233 |  |  |  | 107,573 |
Other |  |  | 2,065 |  |  |  | 2,133 |  |  |  | 2,065 |  |  |  | 2,133 |
Total International |  |  | 266,125 |  |  |  | 284,627 |  |  |  | 266,125 |  |  |  | 284,627 |
Total Consolidated Long-Lived Assets |  | $ | 423,006 |  |  | $ | 435,386 |  |  | $ | 423,006 |  |  | $ | 435,386 |

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- Definition Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 22 -URI http://asc.fasb.org/extlink&oid=115929826&loc=d3e8736-108599 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 25 -URI http://asc.fasb.org/extlink&oid=115929826&loc=d3e8813-108599 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=108376223&loc=d3e13816-109267 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 21 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=115929826&loc=d3e8721-108599 Reference 5: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -URI http://asc.fasb.org/extlink&oid=115929826&loc=d3e8906-108599 + Details
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