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Segment Reporting | 12 Months Ended
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Dec. 31, 2019
Segment Reporting [Abstract] |
Segment Reporting | Segment Reporting Strategic Education is an educational services company that provides access to high-quality education through campus-based and online post-secondary education offerings, as well as through programs to develop job-ready skills for high-demand markets. Strategic Education’s portfolio of companies is dedicated to closing the skills gap by placing adults on the most direct path between learning and employment. Two of the Company’s operating segments that meet the quantitative thresholds to qualify as reportable segments are the Strayer University and Capella University segments. The Strayer University segment is comprised of Strayer University, including its programs offered through the Jack Welch Management Institute; the Capella University segment consists of Capella University. None of the Company’s other operating segments individually meets the quantitative thresholds to qualify as reportable segments; therefore, these other operating segments are combined and presented below as Non-Degree Programs. The Non-Degree Programs reportable segment is comprised of the DevMountain, Hackbright Academy, and Sophia Learning operations. Revenue and operating expenses are generally directly attributable to the segments. Inter-segment revenues are not presented separately, as these amounts are immaterial. The Company’s Chief Operating Decision Maker does not evaluate operating segments using asset information. A summary of financial information by reportable segment (in thousands) for the years ended December 31, 2017, 2018, and 2019 is presented in the following table:
| 2017 |  | 2018 |  | 2019
Revenues |  |  |  |  |
Strayer University | $ | 449,547 |  |  | $ | 471,104 |  |  | $ | 527,032 |
Capella University | — |  |  | 154,918 |  |  | 455,320 |
Non-Degree Programs | 5,304 |  |  | 8,163 |  |  | 14,785 |
Consolidated revenues | $ | 454,851 |  |  | $ | 634,185 |  |  | $ | 997,137 |
Income (loss) from operations |  |  |  |  |
Strayer University | $ | 64,801 |  |  | $ | 68,188 |  |  | $ | 106,132 |
Capella University | — |  |  | 6,340 |  |  | 88,981 |
Non-Degree Programs | (8,225 | ) |  | (5,920 | ) |  | (991 | )
Amortization of intangible assets | — |  |  | (25,694 | ) |  | (61,667 | )
Merger and integration costs | (11,879 | ) |  | (45,745 | ) |  | (21,923 | )
Fair value adjustments and impairment of intangible assets | 7,512 |  |  | (19,909 | ) |  | — |
Consolidated income (loss) from operations | $ | 52,209 |  |  | $ | (22,740 | ) |  | $ | 110,532 |
The following table presents a schedule of significant non-cash items included in segment income (loss) from operations by reportable segment (in thousands):
| 2017 |  | 2018 |  | 2019
Depreciation and amortization |  |  |  |  |
Strayer University | $ | 18,268 |  |  | $ | 19,997 |  |  | $ | 23,790 |
Capella University | — |  |  | 7,382 |  |  | 18,006 |
Non-Degree Programs | 465 |  |  | 741 |  |  | 997 |
Amortization of intangible assets | — |  |  | 25,694 |  |  | 61,667 |
Merger and integration costs | — |  |  | 729 |  |  | 401 |
Consolidated depreciation and amortization | $ | 18,733 |  |  | $ | 54,543 |  |  | $ | 104,861 |
Stock-Based compensation |  |  |  |  |
Strayer University | $ | 11,627 |  |  | $ | 11,602 |  |  | $ | 5,611 |
Capella University | — |  |  | 1,495 |  |  | 5,799 |
Non-Degree Programs | — |  |  | 193 |  |  | 383 |
Merger and integration costs | — |  |  | 2,242 |  |  | 367 |
Consolidated stock-based compensation | $ | 11,627 |  |  | $ | 15,532 |  |  | $ | 12,160 |

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- Definition The entire disclosure for reporting segments including data and tables. Reportable segments include those that meet any of the following quantitative thresholds a) it's reported revenue, including sales to external customers and intersegment sales or transfers is 10 percent or more of the combined revenue, internal and external, of all operating segments b) the absolute amount of its reported profit or loss is 10 percent or more of the greater, in absolute amount of 1) the combined reported profit of all operating segments that did not report a loss or 2) the combined reported loss of all operating segments that did report a loss c) its assets are 10 percent or more of the combined assets of all operating segments. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -URI http://asc.fasb.org/topic&trid=2134510 + Details
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