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Segment Reporting (Tables)

9 Months Ended

Sep. 30, 2017

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 September 30,
		Revenue																Operating Income (Loss)
		2017				% of Total				2016				% of Total				2017				2016
CTU		$	91,319				63.0	%		$	90,921				54.2	%		$	27,565			$	21,486
AIU			50,150				34.6	%			48,542				29.0	%			2,256				291
Total University Group			141,469				97.6	%			139,463				83.2	%			29,821				21,777
Corporate and Other			-			NM					-			NM					(6,199	)			(5,587	)
Subtotal			141,469				97.6	%			139,463				83.2	%			23,622				16,190
Culinary Arts			2,367				1.6	%			21,369				12.7	%			(14,027	)			(1,801	)
Transitional Group			1,150				0.8	%			6,793				4.1	%			(5,056	)			(15,095	)
Total		$	144,986				100.0	%		$	167,625				100.0	%		$	4,539			$	(706	)

		For the Year to Date Ended September 30,
		Revenue																Operating Income (Loss)
		2017				% of Total				2016				% of Total				2017				2016
CTU		$	276,558				61.0	%		$	274,623				50.0	%		$	78,649			$	70,693
AIU			150,618				33.2	%			152,123				27.7	%			7,987				9,036
Total University Group			427,176				94.2	%			426,746				77.7	%			86,636				79,729
Corporate and Other			-			NM					-			NM					(16,595	)			(17,160	)
Subtotal			427,176				94.2	%			426,746				77.7	%			70,041				62,569
Culinary Arts			19,302				4.3	%			89,990				16.4	%			(25,039	)			1,666
Transitional Group			6,839				1.5	%			32,401				5.9	%			(21,578	)			(40,672	)
Total		$	453,317				100.0	%		$	549,137				100.0	%		$	23,424			$	23,563

		Total Assets as of  (1)
		September 30, 2017				December 31, 2016
CTU		$	72,589			$	76,143
AIU			65,275				66,081
Total University Group			137,864				142,224
Corporate and Other			292,929				334,945
Subtotal			430,793				477,169
Culinary Arts (2)			48,995				57,443
Transitional Group (2)			15,316				18,736
Discontinued Operations			6,093				6,253
Total		$	501,197			$	559,601

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

(2) Assets are primarily composed of deferred tax assets that may be utilized for the consolidated company to reduce future tax liabilities.

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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=68060357&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=68060357&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=68060357&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=68060357&loc=d3e8736-108599

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- References

No definition available.

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