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Segment Reporting | 12 Months Ended
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Dec. 31, 2016
Segment Reporting [Abstract] |
Segment Reporting | 16. SEGMENT REPORTING Our reporting segments are determined in accordance with FASB ASC Topic 280—Segment Reporting and are based upon how the Company analyzes performance and makes decisions. Each segment represents a group of postsecondary education providers that offer a variety of degree and non-degree academic programs. These segments are organized by key market segments to enhance operational alignment and, for our two universities, to enhance brand focus within each segment to more effectively execute our strategic plan. Our four reporting segments are described below. University Group:
| ☐ | Colorado Technical University (CTU) places a strong focus on providing industry-relevant degree programs to meet the needs of our students for career advancement and of employers for a well-educated workforce and offers academic programs in the career-oriented disciplines of business studies, nursing, computer science, engineering, information systems and technology, cybersecurity and healthcare management. Students pursue their degrees through fully-online programs, local campuses and blended formats, which combine campus-based and online education. As of December 31, 2016, students enrolled at CTU represented approximately 60% of our total enrollments. Approximately 92% of CTU’s enrollments are fully online.
| ☐ | American InterContinental University (AIU) focuses on helping busy professionals get the degree they need to move forward in their career as efficiently as possible and collectively offers academic programs in the career-oriented disciplines of business studies, information technologies, education and criminal justice. Students pursue their degrees through fully-online programs, local campuses and blended formats, which combine campus-based and online education. As of December 31, 2016, students enrolled at AIU represented approximately 32% of our total enrollments. Approximately 94% of AIU’s enrollments are fully online.
Career Schools Group: Campuses included in our Career School segments include those which are currently being taught out or those which have completed their teach-out activities or have been sold subsequent to January 1, 2015. As a result of a change in accounting guidance, campuses which have closed or have been sold subsequent to January 1, 2015 no longer meet the criteria for discontinued operations and remain reported within continuing operations on our consolidated financial statements. Campuses in teach-out employ a gradual teach-out process, enabling them to continue to operate while current students have a reasonable opportunity to complete their course of study; they no longer enroll new students.
| ☐ | Culinary Arts includes our Le Cordon Bleu institutions in North America (“LCB”) which offer hands-on educational programs in the career-oriented disciplines of culinary arts and patisserie and baking in the commercial-grade kitchens of Le Cordon Bleu. These campuses are all expected to complete their teach-out activities by the end of 2017. As of December 31, 2016, students enrolled at LCB represented approximately 6% of our total enrollments.
During 2016, we completed the teach-out of one Culinary Arts campus (LCB St. Louis). The results of operations for this campus will remain reported within the Culinary Arts segment as part of continuing operations, in accordance with ASC Topic 360.
| ☐ | Transitional Group includes our non-LCB campuses which are in teach-out or those which have been closed or sold subsequent to January 1, 2015. Our Transitional Group offers academic programs in career-oriented disciplines complemented by certain programs in business studies and information technology. The campuses within the Transitional Group that have not yet ceased operations as of December 31, 2016 will complete their teach-outs on varying dates through 2018. As of December 31, 2016, students enrolled at the Transitional Group campuses represented approximately 2% of our total enrollments.
During 2016 we completed the teach-out of twelve campuses within our Transitional Group. The results of operations for these campuses will remain reported within the Transitional Group as part of continuing operations, in accordance with ASC Topic 360. We evaluate segment performance based on operating results. Adjustments to reconcile segment results to consolidated results are included under the caption “Corporate and Other,” which primarily includes unallocated corporate activity and eliminations. Summary financial information by reporting segment is as follows (dollars in thousands):
|  | Revenue |  |  | Operating (Loss) Income |  |  | Depreciation and Amortization |  |  | Capital Expenditures |  |  | Total Assets |
For the Year Ended December 31, 2016 (1) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
CTU |  | $ | 369,319 |  |  | $ | 99,412 |  |  | $ | 2,157 |  |  | $ | 675 |  |  | $ | 76,143 |
AIU (2) |  |  | 193,032 |  |  |  | (29,598 | ) |  |  | 1,687 |  |  |  | 406 |  |  |  | 66,081 |
Total University Group |  |  | 562,351 |  |  |  | 69,814 |  |  |  | 3,844 |  |  |  | 1,081 |  |  |  | 142,224 |
Corporate and Other |  |  | - |  |  |  | (25,097 | ) |  |  | 7,320 |  |  |  | 2,512 |  |  |  | 334,945 |
Subtotal |  |  | 562,351 |  |  |  | 44,717 |  |  |  | 11,164 |  |  |  | 3,593 |  |  |  | 477,169 |
Culinary Arts (3) |  |  | 104,452 |  |  |  | (20,608 | ) |  |  | 6,234 |  |  |  | - |  |  |  | 57,443 |
Transitional Group (4) |  |  | 37,589 |  |  |  | (56,453 | ) |  |  | 5,349 |  |  |  | 536 |  |  |  | 18,736 |
Discontinued Operations |  |  |  |  |  |  |  |  |  |  |  |  |  |  | - |  |  |  | 6,253 |
Total |  | $ | 704,392 |  |  | $ | (32,344 | ) |  | $ | 22,747 |  |  | $ | 4,129 |  |  | $ | 559,601 |
For the Year Ended December 31, 2015 (1) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
CTU |  | $ | 348,215 |  |  | $ | 87,496 |  |  | $ | 2,281 |  |  | $ | 1,084 |  |  | $ | 76,577 |
AIU |  |  | 201,649 |  |  |  | 5,520 |  |  |  | 1,636 |  |  |  | 2,406 |  |  |  | 53,087 |
Total University Group |  |  | 549,864 |  |  |  | 93,016 |  |  |  | 3,917 |  |  |  | 3,490 |  |  |  | 129,664 |
Corporate and Other |  |  | 157 |  |  |  | (27,267 | ) |  |  | 11,173 |  |  |  | 4,873 |  |  |  | 372,405 |
Subtotal |  |  | 550,021 |  |  |  | 65,749 |  |  |  | 15,090 |  |  |  | 8,363 |  |  |  | 502,069 |
Culinary Arts (5) |  |  | 170,190 |  |  |  | (57,577 | ) |  |  | 1 |  |  |  | 2,352 |  |  |  | 71,197 |
Transitional Group (6) |  |  | 127,062 |  |  |  | (100,340 | ) |  |  | 9,847 |  |  |  | 980 |  |  |  | 28,584 |
Discontinued Operations |  |  |  |  |  |  |  |  |  |  |  |  |  |  | - |  |  |  | 9,065 |
Total |  | $ | 847,273 |  |  | $ | (92,168 | ) |  | $ | 24,938 |  |  | $ | 11,695 |  |  | $ | 610,915 |
For the Year Ended December 31, 2014 (1) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
CTU |  | $ | 336,573 |  |  | $ | 69,492 |  |  | $ | 2,627 |  |  | $ | 628 |  |  |  |  |
AIU |  |  | 198,896 |  |  |  | (9,412 | ) |  |  | 2,329 |  |  |  | 916 |  |  |  |  |
Total University Group |  |  | 535,469 |  |  |  | 60,080 |  |  |  | 4,956 |  |  |  | 1,544 |  |  |  |  |
Corporate and Other (7) |  |  | 230 |  |  |  | (21,169 | ) |  |  | 17,455 |  |  |  | 4,545 |  |  |  |  |
Subtotal |  |  | 535,699 |  |  |  | 38,911 |  |  |  | 22,411 |  |  |  | 6,089 |  |  |  |  |
Culinary Arts (8) |  |  | 172,606 |  |  |  | (66,556 | ) |  |  | 17,363 |  |  |  | 2,292 |  |  |  |  |
Transitional Group (9) |  |  | 205,659 |  |  |  | (111,627 | ) |  |  | 13,608 |  |  |  | 4,775 |  |  |  |  |
Discontinued Operations |  |  |  |  |  |  |  |  |  |  |  |  |  |  | - |  |  |  |  |
Total |  | $ | 913,964 |  |  | $ | (139,272 | ) |  | $ | 53,382 |  |  | $ | 13,156 |  |  |  |  |
(1) | The statement of (loss) income and comprehensive (loss) income balances including revenue, operating (loss) income and depreciation and amortization are presented above on a continuing operations basis. Total assets and capital expenditures are presented on a consolidated basis including continuing and discontinued operations.
For the year ended December 31, 2016, segment results included:
(2) | AIU: $32.0 million charge related to legal settlements.
(3) | Culinary Arts: $16.7 million charge related to remaining lease obligations of vacated space.
(4) | Transitional Group: $14.3 million charge related to remaining lease obligations of vacated space.
For the year ended December 31, 2015, segment results included:
(5) | Culinary Arts: $35.1 million related to long-lived asset impairment and a $17.0 million trade name impairment charge.
(6) | Transitional Group: $6.1 million related to long-lived asset impairment and a $1.8 million trade name impairment charge.
For the year ended December 31, 2014, segment results included:
(7) | Corporate and Other: $8.6 million of income related to an insurance recovery.
(8) | Culinary Arts: $10.3 million related to long-lived asset impairment and an $8.9 million trade name impairment charge.
(9) | Transitional Group: $14.5 million related to long-lived asset impairment and a $2.2 million trade name impairment charge.

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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/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 34 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8981-108599 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 41 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e9038-108599 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 33 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8971-108599 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 12 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8595-108599 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8380-108599 Reference 6: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 32 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8933-108599 Reference 7: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 26 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8844-108599 Reference 8: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 35 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8984-108599 Reference 9: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 40 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e9031-108599 Reference 10: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 42 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e9054-108599 Reference 11: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 10 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8538-108599 Reference 12: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 29 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8864-108599 Reference 13: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 31 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8924-108599 Reference 14: 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=68060357&loc=d3e8906-108599 + Details
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