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Segment Reporting (Tables)

6 Months Ended

Jun. 30, 2018

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 June 30,
		Revenue																Operating Income (Loss)
		2018				% of Total				2017				% of Total				2018				2017
CTU		$	93,266				65.7	%		$	91,204				62.4	%		$	27,116			$	28,064
AIU			48,579				34.2	%			46,215				31.6	%			(1,585	)			1,075
Total University Group			141,845				99.9	%			137,419				94.0	%			25,531				29,139
Corporate and Other  (1)			-			NM					-			NM					(2,000	)			(5,847	)
Subtotal			141,845				99.9	%			137,419				94.0	%			23,531				23,292
All Other Campuses			191				0.1	%			8,803				6.0	%			(12,228	)			(14,188	)
Total		$	142,036				100.0	%		$	146,222				100.0	%		$	11,303			$	9,104

		For the Year to Date Ended June 30,
		Revenue																Operating Income (Loss)
		2018				% of Total				2017				% of Total				2018				2017
CTU		$	187,873				64.8	%		$	185,239				60.1	%		$	54,301			$	51,084
AIU			101,700				35.1	%			100,468				32.6	%			2,551				5,731
Total University Group			289,573				99.8	%			285,707				92.7	%			56,852				56,815
Corporate and Other (1)			-			NM					-			NM					(6,542	)			(10,396	)
Subtotal			289,573				99.8	%			285,707				92.7	%			50,310				46,419
All Other Campuses			528				0.2	%			22,624				7.3	%			(18,478	)			(27,534	)
Total		$	290,101				100.0	%		$	308,331				100.0	%		$	31,832			$	18,885

		Total Assets as of  (2)
		June 30, 2018				December 31, 2017
CTU		$	76,332			$	72,988
AIU			54,665				51,832
Total University Group			130,997				124,820
Corporate and Other			298,726				291,211
Subtotal			429,723				416,031
All Other Campuses			27,311				29,098
Discontinued Operations			1,756				1,967
Total		$	458,790			$	447,096

(1) Corporate and Other benefitted from a recovery of $2.5 million for past claims recorded during the current quarter and year to date.

(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://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 22
-URI http://asc.fasb.org/extlink&oid=115929826&loc=d3e8736-108599

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 25
-URI http://asc.fasb.org/extlink&oid=115929826&loc=d3e8813-108599

Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 350
-SubTopic 20
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=108376223&loc=d3e13816-109267

Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 21
-Subparagraph (b)
-URI http://asc.fasb.org/extlink&oid=115929826&loc=d3e8721-108599

Reference 5: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 30
-URI http://asc.fasb.org/extlink&oid=115929826&loc=d3e8906-108599

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- References

No definition available.

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