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Segment Reporting (Tables)

3 Months Ended

Mar. 31, 2016

Segment Reporting [Abstract]

Summary Financial Information by Reporting Segment

Summary financial information by reporting segment is as follows (dollars in thousands):

		For the Quarter Ended March 31,
		Revenue																Operating (Loss) Income
		2016				% of Total				2015				% of Total				2016				2015
CTU (1)		$	91,966				46.2	%		$	85,127				37.5	%		$	19,237			$	14,616
AIU			52,973				26.6	%			53,066				23.4	%			1,907				(2,887	)
Total University Group			144,939				72.9	%			138,193				60.9	%			21,144				11,729
Corporate and Other			-				0.0	%			39				0.0	%			(5,812	)			(5,860	)
Subtotal			144,939				72.9	%			138,232				60.9	%			15,332				5,869
Culinary Arts			38,623				19.4	%			44,712				19.7	%			3,106				243
Transitional Group			15,324				7.7	%			44,070				19.4	%			(11,459	)			(30,470	)
Total		$	198,886				100.0	%		$	227,014				100.0	%		$	6,979			$	(24,358	)

		Total Assets as of  (2)
		March 31, 2016				December 31, 2015
CTU		$	72,164			$	76,577
AIU			55,247				53,087
Total University Group			127,411				129,664
Corporate and Other			320,554				372,405
Subtotal			447,965				502,069
Culinary Arts			67,948				71,197
Transitional Group			25,347				28,584
Discontinued Operations			8,976				9,065
Total		$	550,236			$	610,915

(1)     First quarter of 2016 operating income included an adjustment of $2.4 million related to increased bad debt expense for a specific group of students. These students are experiencing greater time lags while completing the financial aid application process due to increased verification procedures implemented by ED, thus management updated its estimates regarding collectability.

(2) Total assets do not include intercompany receivable or payable activity between schools and corporate and investments in subsidiaries.

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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://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 30
-URI http://asc.fasb.org/extlink&oid=51669610&loc=d3e8906-108599

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 25
-URI http://asc.fasb.org/extlink&oid=51669610&loc=d3e8813-108599

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 21
-Subparagraph (b)
-URI http://asc.fasb.org/extlink&oid=51669610&loc=d3e8721-108599

Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 350
-SubTopic 20
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=35741047&loc=d3e13816-109267

Reference 5: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 22
-URI http://asc.fasb.org/extlink&oid=51669610&loc=d3e8736-108599

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- References

No definition available.

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