XML 31 R16.htm IDEA: XBRL DOCUMENT v3.20.2

Earnings per Share

12 Months Ended

Jun. 30, 2020

Earnings per Share

Earnings per Share

8. Earnings per Share

The following table sets forth the computations of basic and diluted earnings per share and stock awards not included in the computation of diluted earnings per share when their effect is anti-dilutive (in thousands, except per share data):

​	​	​	​	​	​	​	​	​	​	​
​	​	Year Ended June 30,								​
​	​	2020			2019			2018		​
Numerator:	​	​	​	​	​	​	​	​	​	​
Net income (loss) attributable to Adtalem:	​		​	​		​	​		​	​
Continuing operations	​	$	243,981	​	$	107,247	​	$	68,429	​
Discontinued operations	​	​	(329,315)	​	​	(12,079)	​	​	(34,660)	​
Net	​	$	(85,334)	​	$	95,168	​	$	33,769	​
​	​	​	​	​	​	​	​	​	​	​
Denominator:	​	​	​	​	​	​	​	​	​	​
Weighted-average shares outstanding	​	​	53,196		​	58,017		​	60,760	​
Unvested participating RSUs	​	​	463		​	523		​	702	​
Weighted-average basic shares outstanding	​	​	53,659		​	58,540		​	61,462	​
Effect of dilutive stock awards	​	​	435		​	790		​	818	​
Weighted-average diluted shares outstanding	​	​	54,094		​	59,330		​	62,280	​
​	​	​	​	​	​	​	​	​	​	​
Earnings (loss) per share attributable to Adtalem:	​	​	​	​	​	​	​	​	​	​
Basic:	​	​	​	​	​	​	​	​	​	​
Continuing operations	​	$	4.55	​	$	1.83	​	$	1.11	​
Discontinued operations	​	$	(6.14)	​	$	(0.21)	​	$	(0.56)	​
Net	​	$	(1.59)	​	$	1.63	​	$	0.55	​
Diluted:	​	​	​	​	​	​	​	​	​	​
Continuing operations	​	$	4.51	​	$	1.81	​	$	1.10	​
Discontinued operations	​	$	(6.09)	​	$	(0.20)	​	$	(0.56)	​
Net	​	$	(1.58)	​	$	1.60	​	$	0.54	​
​	​	​	​	​	​	​	​	​	​	​
Weighted-average anti-dilutive stock awards	​	​	973	​	​	215	​	​	980	​

​

X

- References

No definition available.

+ Details

Name:	us-gaap_EarningsPerShareAbstract
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration

X

- Definition

The entire disclosure for earnings per share.

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 260
-SubTopic 10
-Section 50
-Paragraph 3
-URI http://asc.fasb.org/extlink&oid=109243012&loc=SL65017193-207537

Reference 2: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 260
-SubTopic 10
-Section 50
-Paragraph 1
-Subparagraph (c)
-URI http://asc.fasb.org/extlink&oid=6371337&loc=d3e3550-109257

Reference 3: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 260
-URI http://asc.fasb.org/topic&trid=2144383

Reference 4: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 260
-SubTopic 10
-Section 50
-Paragraph 2
-URI http://asc.fasb.org/extlink&oid=6371337&loc=d3e3630-109257

+ Details

Name:	us-gaap_EarningsPerShareTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration