XML 46 R35.htm IDEA: XBRL DOCUMENT
v3.20.2

Segment Reporting (Tables) | 6 Months Ended
--- | ---
Jun. 30, 2020
Segment Reporting [Abstract] |
Summary of Financial Information By Reportable Segment | A summary of financial information by reportable segment for the three and six months ended June 30, 2019 and 2020 is presented in the following table (in thousands):
| For the three months ended June 30, |  | For the six months ended June 30,
| 2019 |  | 2020 |  | 2019 |  | 2020
Revenues |  |  |  |  |  |  |
Strayer University | $ | 131,728 |  |  | $ | 138,080 |  |  | $ | 262,474 |  |  | $ | 283,734 |
Capella University | 113,382 |  |  | 117,751 |  |  | 229,144 |  |  | 237,399 |
Consolidated revenues | $ | 245,110 |  |  | $ | 255,831 |  |  | $ | 491,618 |  |  | $ | 521,133 |
Income from operations |  |  |  |  |  |  |
Strayer University | $ | 24,433 |  |  | $ | 35,813 |  |  | $ | 48,236 |  |  | $ | 72,416 |
Capella University | 21,599 |  |  | 27,173 |  |  | 46,115 |  |  | 53,710 |
Amortization of intangible assets | (15,417 | ) |  | (15,417 | ) |  | (30,834 | ) |  | (30,834 | )
Merger and integration costs | (3,019 | ) |  | (1,174 | ) |  | (10,198 | ) |  | (4,938 | )
Consolidated income from operations | $ | 27,596 |  |  | $ | 46,395 |  |  | $ | 53,319 |  |  | $ | 90,354 |

X
- 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=120311839&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=120311839&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=121556970&loc=d3e13816-109267 Reference 4: 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=120311839&loc=d3e8906-108599 + Details
Name: | us-gaap_ScheduleOfSegmentReportingInformationBySegmentTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_SegmentReportingAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration