Goodwill and Intangible Assets (Tables)

9 Months Ended

Sep. 30, 2018

Goodwill and Intangible Assets

Schedule of changes in goodwill

The following table summarizes the changes in the carrying amount of goodwill by segment as of September 30, 2018 (in thousands):

	Strayer		Capella		Non-Degree Programs		Total
Balance as of December 31, 2017	$	6,800	$	—	$	13,944	$	20,744
Additions		330,581		393,348		—		723,929
Impairments		—		—		(13,944)		(13,944)
Adjustments		—		—		—		—
Balance as of September 30, 2018	$	337,381	$	393,348	$	—	$	730,729

Schedule of intangible assets

The following table represents the balance of the Company’s intangible assets as of September 30, 2018 (in thousands):

	September 30, 2018
		Gross Carrying Amount		Accumulated Amortization		Net
Subject to amortization
Student relationships	$	166,000	$	(9,223)	$	156,777
Not subject to amortization
Trade names		185,700		—		185,700
Total	$	351,700	$	(9,223)	$	342,477