XML 17 R7.htm IDEA: XBRL DOCUMENT v3.22.1
Consolidated Statements of Shareholders' Equity - USD ($)
shares in Thousands, $ in Thousands
Common Stock [Member]
Additional Paid-In Capital [Member]
Retained Earnings [Member]
Accumulated Other Comprehensive Loss [Member]
Treasury Stock [Member]
Total
Balance at the beginning of period at Jun. 30, 2020 $ 807 $ 504,434 $ 1,927,568 $ (9,055) $ (1,113,333) $ 1,310,421
Balance at the beginning of period (in shares) at Jun. 30, 2020 80,665       28,794  
Net income attributable to Adtalem     67,897     67,897
Other comprehensive income (loss), net of tax       1,299   1,299
Reclassification adjustment for realized gain on foreign currency translation adjustments           0
Reclassification adjustment for unrealized loss on interest rate swap           0
Stock-based compensation   11,252       11,252
Net activity from stock-based compensation awards $ 4 994     $ (4,253) (3,255)
Net activity from stock-based compensation awards (in shares) 401       129  
Proceeds from stock issued under Colleague Stock Purchase Plan   (53)     $ 231 178
Proceeds from stock issued under Colleague Stock Purchase Plan (in shares)         (6)  
Repurchases of common stock for treasury         $ (81,568) (81,568)
Repurchases of common stock for treasury (in shares)         2,449  
Balance at the end of period at Mar. 31, 2021 $ 811 516,627 1,995,465 (7,756) $ (1,198,923) $ 1,306,224
Balance at the end of period (in shares) at Mar. 31, 2021 81,066       31,366 49,700
Balance at the beginning of period at Jun. 30, 2020 $ 807 504,434 1,927,568 (9,055) $ (1,113,333) $ 1,310,421
Balance at the beginning of period (in shares) at Jun. 30, 2020 80,665       28,794  
Repurchases of common stock for treasury           (100,000)
Balance at the end of period at Jun. 30, 2021 $ 811 519,826 2,005,105 (7,365) $ (1,217,307) $ 1,301,070
Balance at the end of period (in shares) at Jun. 30, 2021 81,099       31,846 49,253
Balance at the beginning of period at Dec. 31, 2020 $ 810 512,102 1,970,813 (7,711) $ (1,162,235) $ 1,313,779
Balance at the beginning of period (in shares) at Dec. 31, 2020 81,021       30,389  
Net income attributable to Adtalem     24,652     24,652
Other comprehensive income (loss), net of tax       (45)   (45)
Reclassification adjustment for realized gain on foreign currency translation adjustments           0
Reclassification adjustment for unrealized loss on interest rate swap           0
Stock-based compensation   3,595       3,595
Net activity from stock-based compensation awards $ 1 941     $ (180) 762
Net activity from stock-based compensation awards (in shares) 45       5  
Proceeds from stock issued under Colleague Stock Purchase Plan   (11)     $ 97 86
Proceeds from stock issued under Colleague Stock Purchase Plan (in shares)         (3)  
Repurchases of common stock for treasury         $ (36,605) (36,605)
Repurchases of common stock for treasury (in shares)         975  
Balance at the end of period at Mar. 31, 2021 $ 811 516,627 1,995,465 (7,756) $ (1,198,923) $ 1,306,224
Balance at the end of period (in shares) at Mar. 31, 2021 81,066       31,366 49,700
Balance at the beginning of period at Jun. 30, 2021 $ 811 519,826 2,005,105 (7,365) $ (1,217,307) $ 1,301,070
Balance at the beginning of period (in shares) at Jun. 30, 2021 81,099       31,846 49,253
Net income attributable to Adtalem     309,691     $ 309,691
Other comprehensive income (loss), net of tax       12   12
Reclassification adjustment for realized gain on foreign currency translation adjustments       (1,551)   (1,551)
Reclassification adjustment for unrealized loss on interest rate swap       6,695   6,695
Stock-based compensation   19,240       19,240
Net activity from stock-based compensation awards $ 7 8,426     $ (2,727) 5,706
Net activity from stock-based compensation awards (in shares) 660       78  
Proceeds from stock issued under Colleague Stock Purchase Plan   (61)     $ 505 444
Proceeds from stock issued under Colleague Stock Purchase Plan (in shares)         (13)  
Repurchases of common stock for treasury         $ (120,000) (120,000)
Repurchases of common stock for treasury (in shares)         4,710  
Equity forward contract   (30,000)       (30,000)
Balance at the end of period at Mar. 31, 2022 $ 818 517,431 2,314,796 (2,209) $ (1,339,529) $ 1,491,307
Balance at the end of period (in shares) at Mar. 31, 2022 81,759       36,621 45,138
Balance at the beginning of period at Dec. 31, 2021 $ 817 542,296 1,964,954 (634) $ (1,219,543) $ 1,287,890
Balance at the beginning of period (in shares) at Dec. 31, 2021 81,705       31,908  
Net income attributable to Adtalem     349,842     349,842
Other comprehensive income (loss), net of tax       (24)   (24)
Reclassification adjustment for realized gain on foreign currency translation adjustments       (1,551)   (1,551)
Reclassification adjustment for unrealized loss on interest rate swap           0
Stock-based compensation   4,953       4,953
Net activity from stock-based compensation awards $ 1 232     $ (209) 24
Net activity from stock-based compensation awards (in shares) 54       9  
Proceeds from stock issued under Colleague Stock Purchase Plan   (50)     $ 223 173
Proceeds from stock issued under Colleague Stock Purchase Plan (in shares)         (6)  
Repurchases of common stock for treasury         $ (120,000) (120,000)
Repurchases of common stock for treasury (in shares)         4,710  
Equity forward contract   (30,000)       (30,000)
Balance at the end of period at Mar. 31, 2022 $ 818 $ 517,431 $ 2,314,796 $ (2,209) $ (1,339,529) $ 1,491,307
Balance at the end of period (in shares) at Mar. 31, 2022 81,759       36,621 45,138