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Goodwill and Intangible Assets (Tables) | 12 Months Ended
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Jun. 30, 2024
Goodwill and Intangible Assets Disclosure [Abstract] |
Summary of Goodwill | Goodwill balances by reporting unit were as follows (in thousands): ​
​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | June 30,
​ | ​ | 2024 | ​ | 2023
Chamberlain | ​ | $ | 4,716 | ​ | $ | 4,716
Walden | ​ | ​ | 651,052 | ​ | ​ | 651,052
AUC | ​ |  | 68,321 | ​ |  | 68,321
RUSM | ​ |  | 180,089 | ​ |  | 180,089
RUSVM | ​ |  | 57,084 | ​ |  | 57,084
Total | ​ | $ | 961,262 | ​ | $ | 961,262
​ Goodwill balances by reportable segment were as follows (in thousands): ​
​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | June 30,
​ | ​ | 2024 | ​ | 2023
Chamberlain | ​ | $ | 4,716 | ​ | $ | 4,716
Walden | ​ | ​ | 651,052 | ​ | ​ | 651,052
Medical and Veterinary | ​ | ​ | 305,494 | ​ | ​ | 305,494
Total | ​ | $ | 961,262 | ​ | $ | 961,262
​
Summary of Amortizable Intangible Assets | Amortizable intangible assets consisted of the following (in thousands): ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | June 30, 2024 | ​ | June 30, 2023 | ​ | ​
​ | ​ | Gross Carrying | ​ | Accumulated | ​ | Gross Carrying | ​ | Accumulated | ​ | Weighted-Average
​ | ​ | Amount | ​ | Amortization | ​ | Amount | ​ | Amortization | ​ | Amortization Period
Student relationships | ​ | $ | 161,900 | ​ | $ | (161,900) |  | $ | 161,900 | ​ | $ | (137,476) |  | 3 Years
Curriculum | ​ |  | 56,091 | ​ |  | (32,257) |  |  | 56,091 | ​ |  | (21,037) |  | 5 Years
Total | ​ | $ | 217,991 | ​ | $ | (194,157) |  | $ | 217,991 | ​ | $ | (158,513) |  | ​
Summary of Indefinite-Lived Intangible Assets | Indefinite-lived intangible assets consisted of the following (in thousands): ​
​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | June 30,
​ | ​ | 2024 | ​ | 2023
Walden trade name | ​ | $ | 119,560 | ​ | $ | 119,560
AUC trade name | ​ | ​ | 17,100 | ​ | ​ | 17,100
RUSM trade name | ​ | ​ | 3,500 | ​ | ​ | 3,500
RUSVM trade name | ​ | ​ | 1,600 | ​ | ​ | 1,600
Chamberlain Title IV eligibility and accreditations | ​ |  | 1,200 | ​ |  | 1,200
Walden Title IV eligibility and accreditations | ​ | ​ | 495,800 | ​ | ​ | 495,800
AUC Title IV eligibility and accreditations | ​ |  | 100,000 | ​ |  | 100,000
RUSM Title IV eligibility and accreditations | ​ |  | 11,600 | ​ |  | 11,600
RUSVM Title IV eligibility and accreditations | ​ |  | 2,500 | ​ |  | 2,500
Total | ​ | $ | 752,860 | ​ | $ | 752,860
​ Indefinite-lived intangible asset balances by reportable segment were as follows (in thousands): ​
​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | June 30,
​ | ​ | 2024 | ​ | 2023
Chamberlain | ​ | $ | 1,200 | ​ | $ | 1,200
Walden | ​ | ​ | 615,360 | ​ | ​ | 615,360
Medical and Veterinary | ​ | ​ | 136,300 | ​ | ​ | 136,300
Total | ​ | $ | 752,860 | ​ | $ | 752,860
​
Estimated Amortization Expense for Amortized Intangible Assets | Future intangible asset amortization expense, by reporting unit, is expected to be as follows (in thousands): ​
​ | ​ | ​ | ​
Fiscal Year | ​ | Walden
2025 | ​ | $ | 11,220
2026 | ​ |  | 11,220
2027 | ​ |  | 1,394
Total | ​ | $ | 23,834

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