Segment Reporting (Tables)

6 Months Ended

Jun. 30, 2022

Segment Reporting [Abstract]

Summary Financial Information by Reporting Segment

Summary financial information by reporting segment is as follows (dollars in thousands):

	For the Quarter Ended June 30,
	Revenue										Operating Income (Loss)
	2022		% of Total			2021		% of Total			2022			2021
CTU (1)	$	100,461		59.9	%	$	102,035		58.1	%	$	33,008		$	35,398
AIUS (2)		66,920		39.9	%		73,223		41.7	%		10,733			9,218
Corporate and Other (3)		303		0.2	%		281		0.2	%		(9,795	)		(8,654	)
Total	$	167,684		100.0	%	$	175,539		100.0	%	$	33,946		$	35,962

	For the Year to Date Ended June 30,
	Revenue										Operating Income (Loss)
	2022		% of Total			2021		% of Total			2022			2021
CTU (1)	$	213,609		60.9	%	$	207,857		57.9	%	$	76,034		$	71,541
AIUS (2)		136,452		38.9	%		150,700		42.0	%		20,256			20,541
Corporate and Other (3)		582		0.2	%		620		0.1	%		(18,651	)		(15,503	)
Total	$	350,643		100.0	%	$	359,177		100.0	%	$	77,639		$	76,579

	Total Assets as of  (4)
	June 30, 2022		December 31, 2021
CTU	$	152,602	$	153,072
AIUS		179,288		151,407
Corporate and Other (3)		524,171		542,954
Total	$	856,061	$	847,433

(1) CTU results of operations include the Hippo acquisition commencing on the September 10, 2021 date of acquisition.

(2) AIUS results of operations include the DigitalCrafts acquisition commencing on the August 2, 2021 date of acquisition.

(3) Corporate and Other includes results of operations and total assets for closed campuses. Revenue recorded within Corporate and Other relates to miscellaneous non-student related revenue.

(4) Total assets do not include intercompany receivable or payable activity between institutions and corporate and investments in subsidiaries.