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Segment and Geographic Information | 12 Months Ended
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Dec. 31, 2020
Segment Reporting [Abstract] |
Segment Reporting and Geographic Information | Segment and Geographic Information 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. In 2020, the Company merged DevMountain into Strayer University and acquired ANZ, which resulted in a change to the way management reviews financial information and by which the Chief Operating Decision Maker evaluates performance and allocates the resources of the Company. Prior period segment disclosures have been recast to conform to the current period presentation. The Company’s three operating segments, Strayer University, Capella University, and Australia/New Zealand, meet the quantitative thresholds to qualify as reportable segments. The Strayer University segment is comprised of Strayer University, including its programs offered through the Jack Welch Management Institute and DevMountain, as well as Hackbright Academy. The Capella University segment consists of Capella University and Sophia Learning. The Australia/New Zealand segment is comprised of Torrens University, Think Education, and Media Design School. 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, 2018, 2019, and 2020 is presented in the following table:
| 2018 |  | 2019 |  | 2020
Revenues |  |  |  |  |
Strayer University | $ | 477,839 |  |  | $ | 536,969 |  |  | $ | 537,633 |
Capella University | 156,346 |  |  | 460,168 |  |  | 466,639 |
Australia/New Zealand | — |  |  | — |  |  | 23,381 |
Consolidated revenues | $ | 634,185 |  |  | $ | 997,137 |  |  | $ | 1,027,653 |
Income (loss) from operations |  |  |  |  |
Strayer University | $ | 62,294 |  |  | $ | 103,409 |  |  | $ | 120,398 |
Capella University | 6,314 |  |  | 90,713 |  |  | 92,638 |
Australia/New Zealand | — |  |  | — |  |  | (13,275) |
Amortization of intangible assets | (25,694) |  |  | (61,667) |  |  | (64,225) |
Merger and integration costs | (45,745) |  |  | (21,923) |  |  | (13,770) |
Restructuring costs | — |  |  | — |  |  | (12,382) |
Impairment of intangible assets | (19,909) |  |  | — |  |  | — |
Consolidated income (loss) from operations | $ | (22,740) |  |  | $ | 110,532 |  |  | $ | 109,384 |
The following table presents a schedule of significant non-cash items included in segment income (loss) from operations by reportable segment (in thousands):
| 2018 |  | 2019 |  | 2020
Depreciation and amortization |  |  |  |  |
Strayer University | $ | 20,427 |  |  | $ | 23,956 |  |  | $ | 24,570 |
Capella University | 7,693 |  |  | 18,837 |  |  | 18,080 |
Australia/New Zealand | — |  |  | — |  |  | 1,930 |
Amortization of intangible assets | 25,694 |  |  | 61,667 |  |  | 64,225 |
Merger and integration costs | 729 |  |  | 401 |  |  | — |
Restructuring costs | — |  |  | — |  |  | 349 |
Consolidated depreciation and amortization | $ | 54,543 |  |  | $ | 104,861 |  |  | $ | 109,154 |
Stock-Based compensation |  |  |  |  |
Strayer University | $ | 11,720 |  |  | $ | 5,970 |  |  | $ | 7,292 |
Capella University | 1,570 |  |  | 5,823 |  |  | 7,272 |
Australia/New Zealand | — |  |  | — |  |  | 46 |
Merger and integration costs | 2,242 |  |  | 367 |  |  | — |
Consolidated stock-based compensation | $ | 15,532 |  |  | $ | 12,160 |  |  | $ | 14,610 |
Geographic Information The Company's long-lived assets are comprised of Property and equipment, net and Right-of-use lease assets. The Company's long-lived assets by geographic area as of December 31, 2019 and 2020 were as follows (in thousands):
| December 31, 2019 |  | December 31, 2020
United States | $ | 201,807 |  |  | $ | 188,343 |
International | — |  |  | 91,198 |

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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://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 31 -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8924-108599 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 34 -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8981-108599 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 21 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8721-108599 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 40 -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e9031-108599 Reference 5: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 32 -Subparagraph (f) -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8933-108599 Reference 6: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 32 -Subparagraph (e) -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8933-108599 Reference 7: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 26 -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8844-108599 Reference 8: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 41 -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e9038-108599 Reference 9: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 32 -Subparagraph (d) -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8933-108599 Reference 10: http://www.xbrl.org/2003/role/disclosureRef -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 11: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 42 -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e9054-108599 Reference 12: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 15 -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8657-108599 Reference 13: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 21 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8721-108599 Reference 14: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -URI http://asc.fasb.org/topic&trid=2134510 + Details
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