XML 37 R22.htm IDEA: XBRL DOCUMENT
v3.20.1

Share Repurchases | 9 Months Ended
--- | ---
Mar. 31, 2020
Dividends And Share Repurchase Program [Abstract] |
Share Repurchase | 15. Share Repurchases On November 7, 2018, the Board of Directors (the “Board”) authorized Adtalem’s current share repurchase program, which allows Adtalem to repurchase up to $300 million of its common stock through December 31, 2021. The current share repurchase program commenced in January 2019. Adtalem made share repurchases under the current and former share repurchase programs as follows (in thousands, except shares and per share data): ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | Three Months Ended | ​ | Nine Months Ended | ​ | Life-to-Date
​ | ​ | March 31, | ​ | March 31, | ​ | Current Share
​ |  | 2020 |  | 2019 |  | 2020 |  | 2019 |  | Repurchase Program
Total number of share repurchases | ​ | ​ | 1,164,308 | ​ | ​ | 1,266,160 | ​ | ​ | 3,838,275 | ​ | ​ | 3,631,611 | ​ | ​ | 6,383,431
Total cost of share repurchases | ​ | $ | 36,870 | ​ | $ | 60,970 | ​ | $ | 136,889 | ​ | $ | 176,903 | ​ | $ | 254,769
Average price paid per share | ​ | $ | 31.67 | ​ | $ | 48.15 | ​ | $ | 35.66 | ​ | $ | 48.71 | ​ | $ | 39.91
​ As of March 31, 2020, $45.2 million of authorized share repurchases were remaining under the current share repurchase program. On January 29, 2020, the Board authorized Adtalem’s twelfth share repurchase program, which allows Adtalem to repurchase up to $300 million of its common stock through December 31, 2021. The new program will commence when the repurchases from the current program are complete. Repurchases under the current program were suspended on March 12, 2020 due to the economic uncertainty caused by the COVID-19 pandemic. The timing and amount of any future repurchases will be determined based on an evaluation of market conditions and other factors. These repurchases may be made through the open market, including block purchases, in privately negotiated transactions, or otherwise. Repurchases will be funded through available cash balances and/or borrowings and may be suspended or discontinued at any time. Shares of stock repurchased under the programs are held as treasury shares. These repurchased shares have reduced the weighted-average number of shares of common stock outstanding for basic and diluted earnings per share calculations.

X
- References No definition available. + Details
Name: | atge_DividendsAndShareRepurchaseProgramAbstract
Namespace Prefix: | atge_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure for share repurchase program. + References No definition available. + Details
Name: | atge_ShareRepurchaseProgramTextBlock
Namespace Prefix: | atge_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration