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Segment Reporting (Tables)
 12 Months Ended
Dec. 31, 2018
Segment Reporting [Abstract]  
Summary Financial Information by Reporting Segment

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

 

 

 

Revenue

 

 

Operating Income (Loss)

 

 

Depreciation

and

Amortization

 

 

Capital Expenditures

 

 

Total Assets

 

For the Year Ended December 31, 2018 (1)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

CTU

 

$

375,770

 

 

$

111,623

 

 

$

5,310

 

 

$

168

 

 

$

76,713

 

AIU

 

 

204,920

 

 

 

8,176

 

 

 

3,582

 

 

 

201

 

 

 

59,133

 

Total University Group

 

 

580,690

 

 

 

119,799

 

 

 

8,892

 

 

 

369

 

 

 

135,846

 

Corporate and Other

 

 

-

 

 

 

(16,598

)

 

 

369

 

 

 

6,363

 

 

 

330,132

 

Subtotal

 

 

580,690

 

 

 

103,201

 

 

 

9,261

 

 

 

6,732

 

 

 

465,978

 

All Other Campuses (2)

 

 

606

 

 

 

(31,903

)

 

 

133

 

 

 

-

 

 

 

16,337

 

Discontinued Operations

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

178

 

Total

 

$

581,296

 

 

$

71,298

 

 

$

9,394

 

 

$

6,732

 

 

$

482,493

 

For the Year Ended December 31, 2017 (1)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

CTU

 

$

371,325

 

 

$

109,202

 

 

$

2,047

 

 

$

74

 

 

$

72,988

 

AIU

 

 

198,251

 

 

 

8,401

 

 

 

1,752

 

 

 

79

 

 

 

51,832

 

Total University Group

 

 

569,576

 

 

 

117,603

 

 

 

3,799

 

 

 

153

 

 

 

124,820

 

Corporate and Other

 

 

-

 

 

 

(22,067

)

 

 

6,527

 

 

 

6,179

 

 

 

291,211

 

Subtotal

 

 

569,576

 

 

 

95,536

 

 

 

10,326

 

 

 

6,332

 

 

 

416,031

 

All Other Campuses (3)

 

 

26,859

 

 

 

(61,400

)

 

 

3,664

 

 

 

-

 

 

 

29,098

 

Discontinued Operations

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

1,967

 

Total

 

$

596,435

 

 

$

34,136

 

 

$

13,990

 

 

$

6,332

 

 

$

447,096

 

For the Year Ended December 31, 2016 (1)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

CTU

 

$

369,319

 

 

$

99,412

 

 

$

2,157

 

 

$

675

 

 

 

 

 

AIU (4)

 

 

193,032

 

 

 

(29,598

)

 

 

1,687

 

 

 

406

 

 

 

 

 

Total University Group

 

 

562,351

 

 

 

69,814

 

 

 

3,844

 

 

 

1,081

 

 

 

 

 

Corporate and Other

 

 

-

 

 

 

(25,097

)

 

 

7,320

 

 

 

2,512

 

 

 

 

 

Subtotal

 

 

562,351

 

 

 

44,717

 

 

 

11,164

 

 

 

3,593

 

 

 

 

 

All Other Campuses (5)

 

 

142,041

 

 

 

(77,061

)

 

 

11,583

 

 

 

536

 

 

 

 

 

Discontinued Operations

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Total

 

$

704,392

 

 

$

(32,344

)

 

$

22,747

 

 

$

4,129

 

 

 

 

 

 

(1)

The statement of income (loss) and comprehensive income (loss) balances including revenue, operating income (loss), depreciation and amortization and capital expenditures are presented above on a continuing operations basis. Total assets are presented on a consolidated basis including continuing and discontinued operations.

For the year ended December 31, 2018, segment results included:

(2)      All Other Campuses: $14.6 million of charges related to significant legal settlements and $9.4 million of charges related to remaining lease obligations of vacated space.

For the year ended December 31, 2017, segment results included:

(3)

All Other Campuses: $6.5 million charge related to a significant legal settlement and $14.8 million of charges related to remaining lease obligations of vacated space.

For the year ended December 31, 2016, segment results included:

(4)

AIU: $32.0 million charge related to a significant legal settlement.

(5)

All Other Campuses: $31.0 million of charges related to remaining lease obligations of vacated space.