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Segment Information (Tables) | 6 Months Ended
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Dec. 31, 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 | ​ | 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
Revenues by Geographic Area | 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

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- 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
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- 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
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