XML 48 R39.htm IDEA: XBRL DOCUMENT
v3.23.3

Segment Information (Tables) | 3 Months Ended
--- | ---
Sep. 30, 2023
Segment Reporting [Abstract] |
Tabulation of Business Segment Information Based on Current Segmentation | Summary financial information by reportable segment is as follows (in thousands): ​
​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | Three Months Ended
​ | ​ | September 30,
​ | ​ | 2023 | ​ | 2022
Revenue: |  | ​ | ​ |  | ​ | ​
Chamberlain | ​ | $ | 142,596 | ​ | $ | 135,405
Walden | ​ | ​ | 141,608 | ​ | ​ | 130,901
Medical and Veterinary | ​ | ​ | 84,641 | ​ | ​ | 87,963
Total consolidated revenue | ​ | $ | 368,845 | ​ | $ | 354,269
Adjusted operating income: | ​ |  | ​ | ​ | ​ | ​
Chamberlain | ​ | $ | 24,324 | ​ | $ | 27,002
Walden | ​ | ​ | 31,115 | ​ | ​ | 24,541
Medical and Veterinary | ​ | ​ | 14,477 | ​ | ​ | 17,064
Home Office and Other | ​ |  | (6,607) | ​ |  | (1,840)
Total consolidated adjusted operating income | ​ | ​ | 63,309 | ​ | ​ | 66,767
Reconciliation to Consolidated Financial Statements: | ​ | ​ | ​ | ​ | ​ | ​
Restructuring expense | ​ |  | (676) | ​ |  | (15,065)
Business integration expense | ​ | ​ | (5,262) | ​ |  | (9,540)
Intangible amortization expense | ​ | ​ | (10,677) | ​ |  | (18,528)
Litigation reserve | ​ | ​ | (18,500) | ​ |  | —
Total consolidated operating income | ​ | ​ | 28,194 | ​ | ​ | 23,634
Interest expense | ​ |  | (15,657) | ​ |  | (17,760)
Other income, net | ​ |  | 2,214 | ​ |  | 761
Total consolidated income from continuing operations before income taxes | ​ | $ | 14,751 | ​ | $ | 6,635
Capital expenditures: | ​ |  | ​ | ​ | ​ | ​
Chamberlain | ​ | $ | 5,285 | ​ | $ | 1,426
Walden | ​ | ​ | 2,942 | ​ | ​ | 825
Medical and Veterinary | ​ | ​ | 1,345 | ​ | ​ | 573
Home Office and Other | ​ |  | 5,474 | ​ |  | 2,727
Total consolidated capital expenditures | ​ | $ | 15,046 | ​ | $ | 5,551
Depreciation expense: | ​ |  | ​ | ​ | ​ | ​
Chamberlain | ​ | $ | 4,316 | ​ | $ | 4,481
Walden | ​ | ​ | 2,162 | ​ | ​ | 2,595
Medical and Veterinary | ​ | ​ | 2,944 | ​ | ​ | 3,105
Home Office and Other | ​ |  | 356 | ​ |  | 624
Total consolidated depreciation expense | ​ | $ | 9,778 | ​ | $ | 10,805
Intangible amortization expense: | ​ |  | ​ | ​ | ​ | ​
Walden | ​ | $ | 10,677 | ​ | $ | 18,528
Total consolidated intangible amortization expense | ​ | $ | 10,677 | ​ | $ | 18,528
Revenues by Geographic Area | Revenue by geographic area is as follows (in thousands): ​
​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | Three Months Ended
​ | ​ | September 30,
​ | ​ | 2023 | ​ | 2022
Revenue by geographic area: | ​ | ​ | ​ | ​ | ​ | ​
Domestic operations | ​ | $ | 284,204 | ​ | $ | 266,306
Barbados, St. Kitts, and St. Maarten | ​ |  | 84,641 | ​ |  | 87,963
Total consolidated revenue | ​ | $ | 368,845 | ​ | $ | 354,269

X
- Definition Tabular disclosure of information concerning material long-lived assets (excluding financial instruments, customer relationships with financial institutions, mortgage and other servicing rights, deferred policy acquisition costs, and deferred taxes assets) located in identified geographic areas and/or the amount of revenue from external customers attributed to that country from which revenue is material. An entity may also provide subtotals of geographic information about groups of countries. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 41 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482810/280-10-50-41 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 220 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 2 -Subparagraph (SX 210.5-03.1) -Publisher FASB -URI https://asc.fasb.org//1943274/2147483621/220-10-S99-2 + Details
Name: | us-gaap_ScheduleOfRevenuesFromExternalCustomersAndLongLivedAssetsByGeographicalAreasTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- 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 -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 50 -Paragraph 1 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482573/350-20-50-1 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 25 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482810/280-10-50-25 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 22 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482810/280-10-50-22 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482810/280-10-50-30 + Details
Name: | us-gaap_ScheduleOfSegmentReportingInformationBySegmentTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

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