XML 36 R35.htm IDEA: XBRL DOCUMENT v3.19.3.a.u2
Revenue Recognition (Tables)
12 Months Ended
Dec. 31, 2019
Revenue from Contract with Customer [Abstract]  
Schedule Of Graduation Fund Liability
The table below presents activity in the Graduation Fund for the years ended December 31, 2018 and 2019 (in thousands):
 
December 31, 2018
 
December 31, 2019
Balance at beginning of period
$
37,400

 
$
43,329

Revenue deferred
27,349

 
30,071

Benefit redeemed
(21,420
)
 
(23,759
)
Balance at end of period
$
43,329

 
$
49,641


Summary of Disaggregation of Revenue
The following table presents the Company’s revenues from contracts with customers disaggregated by material revenue category for the years ended December 31, 2017, 2018, and 2019 (in thousands):
 
2017
 
2018
 
2019
Strayer University Segment
 

 
 

 
 

Tuition, net of discounts, grants and scholarships
$
433,938

 
$
451,646

 
$
508,734

Other(1)
15,609

 
19,458

 
18,298

Total Strayer University Segment
449,547

 
471,104

 
527,032

 
 
 
 
 
 
Capella University Segment
 
 
 
 
 
Tuition, net of discounts, grants and scholarships

 
147,138

 
435,185

Other(1)

 
7,780

 
20,135

Total Capella University Segment

 
154,918

 
455,320

 
 
 
 
 
 
Non-Degree Programs Segment(2)
5,304

 
8,163

 
14,785

 
 
 
 
 
 
Consolidated revenue
$
454,851

 
$
634,185

 
$
997,137

___________________________________________________________
(1)
Other revenue is primarily comprised of academic fees, sales of textbooks, other course materials, and other revenue streams.
(2)
Non-Degree Programs revenue is primarily comprised of tuition revenue and placement fee revenue.