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Segment Information | 6 Months Ended
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Dec. 31, 2023
Segment Reporting [Abstract] |
Segment Information | 18. Segment Information We present three reportable segments as follows: Chamberlain – Offers degree and non-degree programs in the nursing and health professions postsecondary education industry. This segment includes the operations of Chamberlain. Walden – Offers online certificate programs and bachelor’s, master’s, and doctoral degrees, including those in nursing, education, counseling, business, psychology, public health, social work and human services, public administration and public policy, and criminal justice. This segment includes the operations of Walden, which was acquired by Adtalem on August 12, 2021. Medical and Veterinary – Offers degree and non-degree programs in the medical and veterinary postsecondary education industry. This segment includes the operations of AUC, RUSM, and RUSVM, which are collectively referred to as the “medical and veterinary schools.” These segments are consistent with the method by which the Chief Operating Decision Maker (Adtalem’s President and Chief Executive Officer) evaluates performance and allocates resources. Performance evaluations are based on each segment’s adjusted operating income. Adjusted operating income excludes special items, which consists of restructuring expense, business integration expense, intangible amortization expense, litigation reserve, and loss on assets held for sale. Adtalem’s management excludes these items from its review of the results of the operating segments for purposes of measuring segment profitability and allocating resources. “Home Office and Other” includes activities not allocated to a reportable segment and is included to reconcile segment results to the Consolidated Financial Statements. Total assets by segment is not presented as our CODM does not review or allocate resources based on segment assets. The accounting policies of the segments are the same as those described in Note 2 “Summary of Significant Accounting Policies.” Summary financial information by reportable segment is as follows (in thousands): ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | Three Months Ended | ​ | Six Months Ended
​ | ​ | December 31, | ​ | December 31,
​ | ​ | 2023 | ​ | 2022 | ​ | 2023 | ​ | 2022
Revenue: |  | ​ | ​ |  | ​ | ​ |  | ​ | ​ |  | ​ | ​
Chamberlain | ​ | $ | 153,553 | ​ | $ | 141,396 | ​ | $ | 296,149 | ​ | $ | 276,801
Walden | ​ | ​ | 146,808 | ​ | ​ | 131,940 | ​ | ​ | 288,416 | ​ | ​ | 262,841
Medical and Veterinary | ​ | ​ | 92,881 | ​ | ​ | 89,498 | ​ | ​ | 177,522 | ​ | ​ | 177,461
Total consolidated revenue | ​ | $ | 393,242 | ​ | $ | 362,834 | ​ | $ | 762,087 | ​ | $ | 717,103
Adjusted operating income: | ​ |  | ​ | ​ |  | ​ | ​ |  | ​ | ​ | ​ | ​
Chamberlain | ​ | $ | 29,640 | ​ | $ | 33,229 | ​ | $ | 53,964 | ​ | $ | 60,231
Walden | ​ | ​ | 30,155 | ​ | ​ | 29,012 | ​ | ​ | 61,270 | ​ | ​ | 53,553
Medical and Veterinary | ​ | ​ | 22,091 | ​ | ​ | 22,549 | ​ | ​ | 36,568 | ​ | ​ | 39,613
Home Office and Other | ​ |  | (6,317) | ​ |  | (6,885) | ​ |  | (12,924) | ​ |  | (8,725)
Total consolidated adjusted operating income | ​ | ​ | 75,569 | ​ | ​ | 77,905 | ​ | ​ | 138,878 | ​ | ​ | 144,672
Reconciliation to Consolidated Financial Statements: | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Restructuring expense | ​ |  | (68) | ​ |  | (1,363) | ​ |  | (744) | ​ |  | (16,428)
Business integration expense | ​ | ​ | (6,909) | ​ |  | (14,816) | ​ | ​ | (12,171) | ​ |  | (24,356)
Intangible amortization expense | ​ | ​ | (9,333) | ​ |  | (16,176) | ​ | ​ | (20,010) | ​ |  | (34,704)
Litigation reserve | ​ | ​ | — | ​ |  | — | ​ | ​ | (18,500) | ​ |  | —
Loss on assets held for sale | ​ | ​ | (647) | ​ |  | — | ​ | ​ | (647) | ​ |  | —
Total consolidated operating income | ​ | ​ | 58,612 | ​ | ​ | 45,550 | ​ | ​ | 86,806 | ​ | ​ | 69,184
Interest expense | ​ |  | (16,693) | ​ |  | (15,589) | ​ |  | (32,350) | ​ |  | (33,349)
Other income (expense), net | ​ |  | 3,563 | ​ |  | (1,440) | ​ |  | 5,777 | ​ |  | (679)
Total consolidated income from continuing operations before income taxes | ​ | $ | 45,482 | ​ | $ | 28,521 | ​ | $ | 60,233 | ​ | $ | 35,156
Capital expenditures: | ​ |  | ​ | ​ | ​ | ​ | ​ |  | ​ | ​ | ​ | ​
Chamberlain | ​ | $ | 5,757 | ​ | $ | 1,492 | ​ | $ | 11,042 | ​ | $ | 2,918
Walden | ​ | ​ | 2,619 | ​ | ​ | 268 | ​ | ​ | 5,561 | ​ | ​ | 1,093
Medical and Veterinary | ​ | ​ | 1,935 | ​ | ​ | 342 | ​ | ​ | 3,280 | ​ | ​ | 915
Home Office and Other | ​ |  | 4,971 | ​ |  | 2,094 | ​ |  | 10,445 | ​ |  | 4,821
Total consolidated capital expenditures | ​ | $ | 15,282 | ​ | $ | 4,196 | ​ | $ | 30,328 | ​ | $ | 9,747
Depreciation expense: | ​ |  | ​ | ​ | ​ | ​ | ​ |  | ​ | ​ | ​ | ​
Chamberlain | ​ | $ | 5,162 | ​ | $ | 4,099 | ​ | $ | 9,478 | ​ | $ | 8,580
Walden | ​ | ​ | 2,305 | ​ | ​ | 2,269 | ​ | ​ | 4,467 | ​ | ​ | 4,864
Medical and Veterinary | ​ | ​ | 3,110 | ​ | ​ | 3,031 | ​ | ​ | 6,054 | ​ | ​ | 6,136
Home Office and Other | ​ |  | 359 | ​ |  | 1,257 | ​ |  | 715 | ​ |  | 1,881
Total consolidated depreciation expense | ​ | $ | 10,936 | ​ | $ | 10,656 | ​ | $ | 20,714 | ​ | $ | 21,461
Intangible amortization expense: | ​ |  | ​ | ​ | ​ | ​ | ​ |  | ​ | ​ | ​ | ​
Walden | ​ | $ | 9,333 | ​ | $ | 16,176 | ​ | $ | 20,010 | ​ | $ | 34,704
Total consolidated intangible amortization expense | ​ | $ | 9,333 | ​ | $ | 16,176 | ​ | $ | 20,010 | ​ | $ | 34,704
​ Adtalem conducts its educational operations in the U.S., Barbados, St. Kitts, and St. Maarten. Revenue by geographic area is as follows (in thousands): ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | Three Months Ended | ​ | Six Months Ended
​ | ​ | December 31, | ​ | December 31,
​ | ​ | 2023 | ​ | 2022 | ​ | 2023 | ​ | 2022
Revenue by geographic area: |  | ​ | ​ |  | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Domestic operations | ​ | $ | 300,361 | ​ | $ | 273,336 | ​ | $ | 584,565 | ​ | $ | 539,642
Barbados, St. Kitts, and St. Maarten | ​ |  | 92,881 | ​ |  | 89,498 | ​ |  | 177,522 | ​ |  | 177,461
Total consolidated revenue | ​ | $ | 393,242 | ​ | $ | 362,834 | ​ | $ | 762,087 | ​ | $ | 717,103
​ No one customer accounted for more than 10% of Adtalem’s consolidated revenue for all periods presented.

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- Definition The entire disclosure for reporting segments including data and tables. Reportable segments include those that meet any of the following quantitative thresholds a) it's reported revenue, including sales to external customers and intersegment sales or transfers is 10 percent or more of the combined revenue, internal and external, of all operating segments b) the absolute amount of its reported profit or loss is 10 percent or more of the greater, in absolute amount of 1) the combined reported profit of all operating segments that did not report a loss or 2) the combined reported loss of all operating segments that did report a loss c) its assets are 10 percent or more of the combined assets of all operating segments. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 22 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482810/280-10-50-22 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 15 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482810/280-10-50-15 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 31 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482810/280-10-50-31 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 32 -Subparagraph (d) -Publisher FASB -URI https://asc.fasb.org//1943274/2147482810/280-10-50-32 Reference 5: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 42 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482810/280-10-50-42 Reference 6: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 32 -Subparagraph (f) -Publisher FASB -URI https://asc.fasb.org//1943274/2147482810/280-10-50-32 Reference 7: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 40 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482810/280-10-50-40 Reference 8: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org//280/tableOfContent Reference 9: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 26 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482810/280-10-50-26 Reference 10: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 34 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482810/280-10-50-34 Reference 11: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 41 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482810/280-10-50-41 Reference 12: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 21 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org//1943274/2147482810/280-10-50-21 Reference 13: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 21 -Subparagraph (b) -Publisher FASB -URI https://asc.fasb.org//1943274/2147482810/280-10-50-21 Reference 14: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 32 -Subparagraph (e) -Publisher FASB -URI https://asc.fasb.org//1943274/2147482810/280-10-50-32 + Details
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