Segment Information (Tables)

12 Months Ended

Dec. 31, 2024

Segment Reporting [Abstract]

Summary of Financial Information by Reportable Segment

A summary of financial information by reportable segment is as follows (in thousands):

	Year Ended December 31,
	2022	2023	2024
	(In thousands)
APUS Segment
Revenue	285,128	303,303	317,049
Instructional costs and services	97,549	97,246	103,745
Selling and promotional	65,634	57,580	58,563
General and administrative	56,204	55,992	58,807
Other (1)	7,289	8,059	6,512
Income from operations before interest and income taxes	58,452	84,426	89,422
RU Segment
Revenue	253,257	214,086	216,262
Instructional costs and services	143,443	140,861	133,448
Selling and promotional	79,182	66,571	58,682
General and administrative	25,833	25,401	30,324
Other (2)	171,356	84,828	15,606
Loss from operations before interest and income taxes	(166,557)	(103,575)	(21,798)
HCN Segment
Revenue	47,078	56,936	67,290
Instructional costs and services	33,603	38,582	43,795
Selling and promotional	5,148	4,312	6,923
General and administrative	11,371	14,182	15,989
Other (3)	967	1,256	1,705
Loss from operations before interest and income taxes	(4,011)	(1,396)	(1,122)
Corporate and Other
Revenue	20,865	26,220	23,958
Instructional costs and services	13,877	16,173	14,715
Selling and promotional	4,685	4,492	4,642
General and administrative	26,944	32,664	36,841
Other (4)	591	652	1,196
Loss from operations before interest and income taxes	(25,232)	(27,761)	(33,436)
Total reportable segment revenue	585,463	574,325	600,601
Corporate and other revenue	20,865	26,220	23,958
Total consolidated revenue	606,328	600,545	624,559
Total reportable segment (loss) income from operations before interest and income taxes	(112,116)	(20,545)	66,502
Corporate and other (loss) from operations before interest and income taxes	(25,232)	(27,761)	(33,436)
Total consolidated (loss) income from operations before interest and income taxes	(137,348)	(48,306)	33,066

(1) Includes loss on assets held for sale, loss on disposal of long lived assets and depreciation and amortization expense.

(2) Includes impairment of goodwill and intangible assets, loss on leases, loss on disposal of long lived assets and depreciation and amortization expense.

(3) Includes loss on disposal of long lived assets and depreciation and amortization expense.

(4) Includes loss on disposal of long lived assets and depreciation and amortization expense.

Summary of Financial Information

	Year Ended December 31,
	2022	2023	2024
	(In thousands)
Depreciation and amortization
APUS Segment	6,373	5,284	4,828
RU Segment	24,206	20,627	11,577
HCN Segment	958	1,253	1,704
Total reportable segment depreciation and amortization	31,537	27,164	18,109
Corporate and Other	590	652	1,194
Total consolidated depreciation and amortization	32,127	27,816	19,303
Interest expense, net
APUS Segment	219	1,882	1,563
RU Segment	79	11	(6)
HCN Segment	23	95	216
Total reportable segment interest expense, net	321	1,988	1,773
Corporate and Other	(18,049)	(6,447)	(3,900)
Total consolidated interest expense, net	(17,728)	(4,459)	(2,127)
Income tax (benefit) expense
APUS Segment	16,465	23,530	24,577
RU Segment	(41,651)	(26,103)	(5,519)
HCN Segment	(1,026)	(211)	(62)
Total reportable segment income tax (benefit) expense	(26,212)	(2,784)	18,996
Corporate and Other	(10,064)	(7,931)	(8,577)
Total consolidated income tax (benefit) expense	(36,276)	(10,715)	10,419