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v3.25.1

Segment Information (Tables) | 9 Months Ended
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Mar. 31, 2025
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 | ​ | Nine Months Ended
​ | ​ | March 31, | ​ | March 31,
​ | ​ | 2025 | ​ | 2024 | ​ | 2025 | ​ | 2024
Revenue: |  | ​ | ​ |  | ​ | ​ |  | ​ | ​ |  | ​ | ​
Chamberlain | ​ | $ | 192,592 | ​ | $ | 170,338 | ​ | $ | 541,508 | ​ | $ | 466,487
Walden | ​ | ​ | 178,418 | ​ | ​ | 150,607 | ​ | ​ | 511,237 | ​ | ​ | 439,023
Medical and Veterinary | ​ | ​ | 95,045 | ​ | ​ | 91,713 | ​ | ​ | 278,439 | ​ | ​ | 269,235
Total consolidated revenue | ​ | $ | 466,055 | ​ | $ | 412,658 | ​ | $ | 1,331,184 | ​ | $ | 1,174,745
Adjusted operating income: | ​ |  | ​ | ​ |  | ​ | ​ |  | ​ | ​ | ​ | ​
Chamberlain | ​ | $ | 47,493 | ​ | $ | 43,349 | ​ | $ | 117,628 | ​ | $ | 97,313
Walden | ​ | ​ | 47,999 | ​ | ​ | 31,871 | ​ | ​ | 136,794 | ​ | ​ | 93,141
Medical and Veterinary | ​ | ​ | 17,921 | ​ | ​ | 22,953 | ​ | ​ | 54,170 | ​ | ​ | 59,521
Home Office | ​ |  | (8,047) | ​ |  | (8,391) | ​ |  | (25,930) | ​ |  | (21,315)
Total consolidated adjusted operating income | ​ | ​ | 105,366 | ​ | ​ | 89,782 | ​ | ​ | 282,662 | ​ | ​ | 228,660
Reconciliation to Consolidated Financial Statements: | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Restructuring expense | ​ |  | (510) | ​ |  | (473) | ​ |  | (2,926) | ​ |  | (1,217)
Business integration expense | ​ | ​ | — | ​ |  | (18,450) | ​ | ​ | — | ​ |  | (30,621)
Amortization of acquired intangible assets | ​ | ​ | (2,805) | ​ |  | (8,286) | ​ | ​ | (8,415) | ​ |  | (28,296)
Litigation reserve | ​ | ​ | — | ​ |  | — | ​ | ​ | 5,550 | ​ |  | (18,500)
Asset impairments | ​ | ​ | (6,442) | ​ | ​ | — | ​ | ​ | (6,442) | ​ |  | —
Strategic advisory costs | ​ | ​ | (5,100) | ​ | ​ | — | ​ | ​ | (5,100) | ​ |  | —
Loss on assets held for sale | ​ | ​ | — | ​ |  | — | ​ | ​ | — | ​ |  | (647)
Debt modification costs | ​ | ​ | — | ​ |  | (848) | ​ | ​ | (712) | ​ |  | (848)
Total consolidated operating income | ​ | ​ | 90,509 | ​ | ​ | 61,725 | ​ | ​ | 264,617 | ​ | ​ | 148,531
Interest expense | ​ |  | (13,074) | ​ |  | (16,560) | ​ |  | (41,465) | ​ |  | (48,910)
Other income, net | ​ |  | 1,898 | ​ |  | 2,871 | ​ |  | 6,779 | ​ |  | 8,648
Total consolidated income from continuing operations before income taxes | ​ | $ | 79,333 | ​ | $ | 48,036 | ​ | $ | 229,931 | ​ | $ | 108,269
Depreciation: | ​ |  | ​ | ​ | ​ | ​ | ​ |  | ​ | ​ | ​ | ​
Chamberlain | ​ | $ | 5,350 | ​ | $ | 4,938 | ​ | $ | 16,184 | ​ | $ | 13,840
Walden | ​ | ​ | 1,951 | ​ | ​ | 1,835 | ​ | ​ | 5,428 | ​ | ​ | 5,735
Medical and Veterinary | ​ | ​ | 2,785 | ​ | ​ | 3,033 | ​ | ​ | 8,098 | ​ | ​ | 8,897
Home Office | ​ |  | 188 | ​ |  | 692 | ​ |  | 557 | ​ |  | 1,407
Total consolidated depreciation | ​ | $ | 10,274 | ​ | $ | 10,498 | ​ | $ | 30,267 | ​ | $ | 29,879
Amortization of acquired intangible assets: | ​ |  | ​ | ​ | ​ | ​ | ​ |  | ​ | ​ | ​ | ​
Walden | ​ | $ | 2,805 | ​ | $ | 8,286 | ​ | $ | 8,415 | ​ | $ | 28,296
Total consolidated amortization of acquired intangible assets | ​ | $ | 2,805 | ​ | $ | 8,286 | ​ | $ | 8,415 | ​ | $ | 28,296
Revenues and long-lived assets by geographic area | Revenue by geographic area is as follows (in thousands): ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | Three Months Ended | ​ | Nine Months Ended
​ | ​ | March 31, | ​ | March 31,
​ | ​ | 2025 | ​ | 2024 | ​ | 2025 | ​ | 2024
Revenue by geographic area: |  | ​ | ​ |  | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Domestic operations | ​ | $ | 371,010 | ​ | $ | 320,945 | ​ | $ | 1,052,745 | ​ | $ | 905,510
Barbados, St. Kitts, and St. Maarten | ​ |  | 95,045 | ​ |  | 91,713 | ​ |  | 278,439 | ​ |  | 269,235
Total consolidated revenue | ​ | $ | 466,055 | ​ | $ | 412,658 | ​ | $ | 1,331,184 | ​ | $ | 1,174,745

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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 -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
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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 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
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