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Segment Reporting (Tables)

3 Months Ended

Mar. 31, 2020

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 March 31,
		Revenue																Operating Income (Loss)
		2020				% of Total				2019				% of Total				2020				2019
CTU		$	103,588				60.6	%		$	97,057				61.5	%		$	34,619			$	29,691
AIU (1)			67,396				39.4	%			60,779				38.5	%			9,376				8,312
Total University Group			170,984				100.0	%			157,836				100.0	%			43,995				38,003
Corporate and Other (2)			10			NM					17			NM					(6,692	)			(8,032	)
Total		$	170,994				100.0	%		$	157,853				100.0	%		$	37,303			$	29,971

		Total Assets as of  (3)
		March 31, 2020				December 31, 2019
CTU		$	100,566			$	100,414
AIU (1)			144,983				104,747
Total University Group			245,549				205,161
Corporate and Other (2)			360,896				393,904
Discontinued Operations			81				81
Total		$	606,526			$	599,146

(1) AIU results of operations and total assets include the Trident acquisition commencing on the March 2, 2020 date of acquisition and as of March 31, 2020.

(2) Corporate and Other includes results of operations and total assets for closed campuses.

(3) Total assets do not include intercompany receivable or payable activity between institutions 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
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-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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