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Segment Reporting (Tables) | 12 Months Ended
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Dec. 31, 2019
Segment Reporting |
Summary of Financial Information by Reportable Segment | 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 | ​ | $ | 454,851 | ​ | $ | 477,839 | ​ | $ | 536,969
Capella University | ​ |  | — | ​ |  | 156,346 | ​ |  | 460,168
Consolidated revenues | ​ | $ | 454,851 | ​ | $ | 634,185 | ​ | $ | 997,137
Income (loss) from operations | ​ |  |  | ​ |  |  | ​ |  |
Strayer University | ​ | $ | 56,576 | ​ | $ | 62,294 | ​ | $ | 103,409
Capella University | ​ |  | — | ​ |  | 6,314 | ​ |  | 90,713
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 | ​ | $ | 18,733 | ​ | $ | 20,427 | ​ | $ | 23,956
Capella University | ​ |  | — | ​ |  | 7,693 | ​ |  | 18,837
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 | ​ | $ | 11,759 | ​ | $ | 5,971
Capella University | ​ |  | — | ​ |  | 1,531 | ​ |  | 5,822
Merger and integration costs | ​ |  | — | ​ |  | 2,242 | ​ |  | 367
Consolidated stock-based compensation | ​ | $ | 11,627 | ​ | $ | 15,532 | ​ | $ | 12,160

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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=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
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