XML 56 R38.htm IDEA: XBRL DOCUMENT v3.21.2

Debt (Tables)

3 Months Ended

Sep. 30, 2021

Debt Instruments [Abstract]

Schedule of Long-term Debt Instruments

Long-term debt consisted of the following senior secured credit facilities (in thousands):

​

​	​	​	​	​	​	​	​	​	​
​	​	September 30,		​	June 30,		​	September 30,
​	​	2021		​	2021		​	2020
Total debt:		​	​	​	​	​	​	​	​
Senior Secured Notes due 2028	​	$	800,000	​	$	800,000	​	$	—
Term Loan B	​		850,000	​		—	​		—
Prior Term Loan B	​		—	​		291,000	​		293,250
Total principal payments due	​		1,650,000	​		1,091,000	​		293,250
Unamortized debt discount and issuance costs	​		(43,582)	​		(20,289)	​		(4,629)
Total amount outstanding	​		1,606,418	​		1,070,711	​		288,621
Less current portion:	​		​	​	​	​	​	​	​
Term Loan B	​		(6,375)	​		—	​		—
Prior Term Loan B	​		—	​		(3,000)	​		(3,000)
Noncurrent portion	​	$	1,600,043	​	$	1,067,711	​	$	285,621

Schedule of Maturities of Long-term Debt

Scheduled future maturities of long-term debt were as follows (in thousands):

​

​	​	​	​
​	​	Maturity
Fiscal Year	​	Payments
2022 (remaining)	​	$	4,250
2023	​		8,500
2024	​		8,500
2025	​		8,500
2026	​		8,500
Thereafter	​	​	1,611,750
Total	​	$	1,650,000

Schedule Of Debt Issuance Costs

The following table summarizes the unamortized debt discount and issuance costs activity for the three months ended September 30, 2021 (in thousands):

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

Notes

​

Term Loan B

​

Bridge

​

Revolver

​

Total

Unamortized debt discount and issuance costs as of June 30, 2021

​

$

15,548

​

$

4,741

​

$

—

​

$

1,502

​

$

21,791

Payment of debt discount and issuance costs

​

—

​

29,078

​

10,329

​

10,146

​

49,553

Amortization of debt discount and issuance costs

​

(548)

​

(5,237)

​

(10,329)

​

(1,744)

​

(17,858)

Unamortized debt discount and issuance costs as of September 30, 2021

​

$

15,000

​

$

28,582

​

$

—

​

$

9,904

​

$

53,486

Schedule of components of interest expense

The components of interest expense were as follows (in thousands):

​

​	​	​	​	​	​	​
​	​	Three Months Ended
​	​	September 30,
​	​	2021		​	2020
Notes interest expense	​	$	11,000	​	$	—
Term Loan B interest expense	​	​	6,198	​	​	—
Term Loan B ticking fees	​	​	5,330	​	​	—
Prior Term Loan B interest expense	​	​	1,272	​	​	2,378
Unused bridge fee	​	​	10,329	​	​	—
Swap settlement	​	​	4,525	​	​	—
Prior Credit Facility deferred financing fees write-off	​	​	6,000	​	​	—
Other	​	​	2,739	​	​	1,314
Total interest expense	​	$	47,393	​	$	3,692

X

- Definition

Tabular disclosure of deferred debt issuance costs, including amounts capitalized and amortized during the year.

+ References

No definition available.

+ Details

Name:	atge_ScheduleOfDebtIssuanceCostsTableTextBlock
Namespace Prefix:	atge_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of interest expense.

+ References

No definition available.

+ Details

Name:	atge_ScheduleOfInterestExpenseTableTextBlock
Namespace Prefix:	atge_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- References

No definition available.

+ Details

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

X

- Definition

Tabular disclosure of information pertaining to short-term and long-debt instruments or arrangements, including but not limited to identification of terms, features, collateral requirements and other information necessary to a fair presentation.

+ References

No definition available.

+ Details

Name:	us-gaap_ScheduleOfDebtTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of maturity and sinking fund requirement for long-term debt.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 470
-SubTopic 10
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=123465755&loc=d3e1835-112601

+ Details

Name:	us-gaap_ScheduleOfMaturitiesOfLongTermDebtTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration