XML 29 R18.htm IDEA: XBRL DOCUMENT v3.10.0.1
Other Non-Operating Income
 6 Months Ended
Jun. 30, 2018
Other Nonoperating Income (Expense) [Abstract]  
Other Non-Operating Income
OTHER NON-OPERATING INCOME
A summary of non-operating income is as follows:
 
Three Months Ended 
 June 30
 
Six Months Ended 
 June 30
(in thousands)
2018
 
2017
 
2018
 
2017
Gain (loss) on sales of businesses
$
1,334

 
$
—

 
$
7,241

 
$
(342
)
Gain on sale of a cost method investment
—

 
—

 
2,845

 
—

Gain on sale of land
2,542

 
—

 
2,542

 
—

Foreign currency (loss) gain, net
(2,266
)
 
3,466

 
(2,089
)
 
5,194

Other, net
723

 
603

 
981

 
66

Total Other Non-Operating Income
$
2,333

 
$
4,069

 
$
11,520

 
$
4,918


In the second quarter of 2018, the Company recorded a $1.4 million contingent consideration gain related to the sale of a business (see Note 2).
In the first quarter of 2018, the Company recorded a $5.9 million gain on the sale of two businesses in the education division, including a gain of $4.3 million on the Kaplan University transaction (see Note 2).