XML 51 R41.htm IDEA: XBRL DOCUMENT
v3.24.3

Segment Information (Tables) | 3 Months Ended
--- | ---
Sep. 30, 2024
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,
​ | ​ | 2024 | ​ | 2023
Revenue: |  | ​ | ​ |  | ​ | ​
Chamberlain | ​ | $ | 167,930 | ​ | $ | 142,596
Walden | ​ | ​ | 161,513 | ​ | ​ | 141,608
Medical and Veterinary | ​ | ​ | 87,957 | ​ | ​ | 84,641
Total consolidated revenue | ​ | $ | 417,400 | ​ | $ | 368,845
Adjusted operating income: | ​ |  | ​ | ​ | ​ | ​
Chamberlain | ​ | $ | 27,832 | ​ | $ | 24,324
Walden | ​ | ​ | 42,642 | ​ | ​ | 31,115
Medical and Veterinary | ​ | ​ | 14,730 | ​ | ​ | 14,477
Home Office | ​ |  | (9,355) | ​ |  | (6,607)
Total consolidated adjusted operating income | ​ | ​ | 75,849 | ​ | ​ | 63,309
Reconciliation to Consolidated Financial Statements: | ​ | ​ | ​ | ​ | ​ | ​
Restructuring expense | ​ |  | (2,094) | ​ |  | (676)
Business integration expense | ​ | ​ | — | ​ |  | (5,262)
Amortization of acquired intangible assets | ​ | ​ | (2,805) | ​ |  | (10,677)
Litigation reserve | ​ | ​ | — | ​ |  | (18,500)
Debt modification costs | ​ | ​ | (712) | ​ |  | —
Total consolidated operating income | ​ | ​ | 70,238 | ​ | ​ | 28,194
Interest expense | ​ |  | (14,482) | ​ |  | (15,657)
Other income, net | ​ |  | 2,646 | ​ |  | 2,214
Total consolidated income from continuing operations before income taxes | ​ | $ | 58,402 | ​ | $ | 14,751
Depreciation: | ​ |  | ​ | ​ | ​ | ​
Chamberlain | ​ | $ | 5,368 | ​ | $ | 4,116
Walden | ​ | ​ | 1,682 | ​ | ​ | 1,974
Medical and Veterinary | ​ | ​ | 2,569 | ​ | ​ | 2,892
Home Office | ​ |  | 184 | ​ |  | 356
Total consolidated depreciation | ​ | $ | 9,803 | ​ | $ | 9,338
Amortization of acquired intangible assets: | ​ |  | ​ | ​ | ​ | ​
Walden | ​ | $ | 2,805 | ​ | $ | 10,677
Total consolidated amortization of acquired intangible assets | ​ | $ | 2,805 | ​ | $ | 10,677
Revenues and long-lived assets by geographic area | Revenue by geographic area is as follows (in thousands): ​
​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | Three Months Ended
​ | ​ | September 30,
​ | ​ | 2024 | ​ | 2023
Revenue by geographic area: | ​ | ​ | ​ | ​ | ​ | ​
Domestic operations | ​ | $ | 329,443 | ​ | $ | 284,204
Barbados, St. Kitts, and St. Maarten | ​ |  | 87,957 | ​ |  | 84,641
Total consolidated revenue | ​ | $ | 417,400 | ​ | $ | 368,845

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 -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 Reference 2: 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 + 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 280 -SubTopic 10 -Section 50 -Paragraph 25 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-25 Reference 2: 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 3: 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