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Revenue Recognition (Tables) | 6 Months Ended
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Jun. 30, 2019
Revenue From Contract With Customer [Abstract] |
Summary of Disaggregation of Revenue by Major Source | The following tables disaggregate our revenue by major source (dollars in thousands):
|  | For the Quarter Ended June 30, 2019 |  |  | For the Quarter Ended June 30, 2018 |
|  | CTU |  |  | AIU |  |  | Corporate and Other(3) |  |  | Total |  |  | CTU |  |  | AIU |  |  | Corporate and Other(3) |  |  | Total |
Tuition |  | $ | 90,903 |  |  | $ | 57,341 |  |  | $ | - |  |  | $ | 148,244 |  |  | $ | 89,291 |  |  | $ | 46,654 |  |  | $ | 160 |  |  | $ | 136,105 |
Technology fees |  |  | 4,590 |  |  |  | 2,391 |  |  |  | - |  |  |  | 6,981 |  |  |  | 2,857 |  |  |  | 1,784 |  |  |  | - |  |  |  | 4,641 |
Other miscellaneous fees(1) |  |  | 463 |  |  |  | 91 |  |  |  | - |  |  |  | 554 |  |  |  | 489 |  |  |  | 90 |  |  |  | 19 |  |  |  | 598 |
Total tuition and fees |  |  | 95,956 |  |  |  | 59,823 |  |  |  | - |  |  |  | 155,779 |  |  |  | 92,637 |  |  |  | 48,528 |  |  |  | 179 |  |  |  | 141,344 |
Other revenue(2) |  |  | 599 |  |  |  | 50 |  |  |  | 13 |  |  |  | 662 |  |  |  | 629 |  |  |  | 51 |  |  |  | 12 |  |  |  | 692 |
Total revenue |  | $ | 96,555 |  |  | $ | 59,873 |  |  | $ | 13 |  |  | $ | 156,441 |  |  | $ | 93,266 |  |  | $ | 48,579 |  |  | $ | 191 |  |  | $ | 142,036 |
|  | For the Year to Date Ended June 30, 2019 |  |  | For the Year to Date Ended June 30, 2018 |
|  | CTU |  |  | AIU |  |  | Corporate and Other(3) |  |  | Total |  |  | CTU |  |  | AIU |  |  | Corporate and Other(3) |  |  | Total |
Tuition |  | $ | 183,521 |  |  | $ | 115,571 |  |  | $ | - |  |  | $ | 299,092 |  |  | $ | 180,025 |  |  | $ | 97,785 |  |  | $ | 491 |  |  | $ | 278,301 |
Technology fees |  |  | 8,039 |  |  |  | 4,769 |  |  |  | - |  |  |  | 12,808 |  |  |  | 5,731 |  |  |  | 3,624 |  |  |  | - |  |  |  | 9,355 |
Other miscellaneous fees(1) |  |  | 887 |  |  |  | 220 |  |  |  | - |  |  |  | 1,107 |  |  |  | 989 |  |  |  | 190 |  |  |  | 19 |  |  |  | 1,198 |
Total tuition and fees |  |  | 192,447 |  |  |  | 120,560 |  |  |  | - |  |  |  | 313,007 |  |  |  | 186,745 |  |  |  | 101,599 |  |  |  | 510 |  |  |  | 288,854 |
Other revenue(2) |  |  | 1,165 |  |  |  | 92 |  |  |  | 30 |  |  |  | 1,287 |  |  |  | 1,128 |  |  |  | 101 |  |  |  | 18 |  |  |  | 1,247 |
Total revenue |  | $ | 193,612 |  |  | $ | 120,652 |  |  | $ | 30 |  |  | $ | 314,294 |  |  | $ | 187,873 |  |  | $ | 101,700 |  |  | $ | 528 |  |  | $ | 290,101 |
__________________
| (1) | Other miscellaneous fees include graduation fees and activity fees.
| (2) | Other revenue primarily includes contract training revenue and bookstore and laptop sales.
| (3) | Revenue recorded within Corporate and Other relates to closed campuses which are now reported within this category.
Summary of Contract Assets Offset with Deferred Revenue Balances | The amount of contract assets which are being offset with deferred revenue balances as of June 30, 2019 and December 31, 2018 were as follows (dollars in thousands):
|  | As of |
|  | June 30, 2019 |  |  | December 31, 2018 |
Gross deferred revenue |  | $ | 45,801 |  |  | $ | 51,694 |
Gross contract assets |  |  | (17,137 | ) |  |  | (19,343 | )
Deferred revenue, net |  | $ | 28,664 |  |  | $ | 32,351 |
Changes in Deferred Revenue Balances | Changes in our deferred revenue balances for the quarters and years to date ended June 30, 2019 and 2018 were as follows (dollars in thousands):
|  | For the Quarter Ended June 30, 2019 |  |  | For the Quarter Ended June 30, 2018 |
|  | CTU |  |  | AIU |  |  | Corporate and Other(2) |  |  | Total |  |  | CTU |  |  | AIU |  |  | Corporate and Other(2) |  |  | Total |
Gross deferred revenue, April 1, |  | $ | 25,901 |  |  | $ | 10,180 |  |  | $ | - |  |  | $ | 36,081 |  |  | $ | 24,025 |  |  | $ | 21,415 |  |  | $ | 142 |  |  | $ | 45,582 |
Revenue earned from balances existing as of April 1, |  |  | (23,679 | ) |  |  | (8,860 | ) |  |  | - |  |  |  | (32,539 | ) |  |  | (22,347 | ) |  |  | (18,420 | ) |  |  | (142 | ) |  |  | (40,909 | )
Billings during period(1) |  |  | 95,424 |  |  |  | 69,368 |  |  |  | - |  |  |  | 164,792 |  |  |  | 92,201 |  |  |  | 40,457 |  |  |  | 99 |  |  |  | 132,757 |
Revenue earned for new billings during the period |  |  | (72,277 | ) |  |  | (50,963 | ) |  |  | - |  |  |  | (123,240 | ) |  |  | (70,290 | ) |  |  | (30,108 | ) |  |  | (37 | ) |  |  | (100,435 | )
Other adjustments |  |  | 456 |  |  |  | 251 |  |  |  | - |  |  |  | 707 |  |  |  | 165 |  |  |  | 92 |  |  |  | 8 |  |  |  | 265 |
Gross deferred revenue, June 30, |  | $ | 25,825 |  |  | $ | 19,976 |  |  | $ | - |  |  | $ | 45,801 |  |  | $ | 23,754 |  |  | $ | 13,436 |  |  | $ | 70 |  |  | $ | 37,260 |
|  | For the Year to Date Ended June 30, 2019 |  |  | For the Year to Date Ended June 30, 2018 |
|  | CTU |  |  | AIU |  |  | Corporate and Other(2) |  |  | Total |  |  | CTU |  |  | AIU |  |  | Corporate and Other(2) |  |  | Total |
Gross deferred revenue, January 1, |  | $ | 24,250 |  |  | $ | 27,444 |  |  | $ | - |  |  | $ | 51,694 |  |  | $ | 23,933 |  |  | $ | 15,507 |  |  | $ | 104 |  |  | $ | 39,544 |
Revenue earned from balances existing as of January 1, |  |  | (22,335 | ) |  |  | (21,785 | ) |  |  | - |  |  |  | (44,120 | ) |  |  | (22,210 | ) |  |  | (14,310 | ) |  |  | (104 | ) |  |  | (36,624 | )
Billings during period(1) |  |  | 192,940 |  |  |  | 112,401 |  |  |  | - |  |  |  | 305,341 |  |  |  | 186,097 |  |  |  | 99,392 |  |  |  | 495 |  |  |  | 285,984 |
Revenue earned for new billings during the period |  |  | (170,112 | ) |  |  | (98,775 | ) |  |  | - |  |  |  | (268,887 | ) |  |  | (164,535 | ) |  |  | (87,289 | ) |  |  | (406 | ) |  |  | (252,230 | )
Other adjustments |  |  | 1,082 |  |  |  | 691 |  |  |  | - |  |  |  | 1,773 |  |  |  | 469 |  |  |  | 136 |  |  |  | (19 | ) |  |  | 586 |
Gross deferred revenue, June 30, |  | $ | 25,825 |  |  | $ | 19,976 |  |  | $ | - |  |  | $ | 45,801 |  |  | $ | 23,754 |  |  | $ | 13,436 |  |  | $ | 70 |  |  | $ | 37,260 |
______________
| (1) | Billings during period includes adjustments for prior billings.
| (2) | Revenue recorded within Corporate and Other relates to closed campuses which are now reported within this category.

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