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Quarterly Financial Data (Unaudited) (Tables)
12 Months Ended
Jun. 30, 2022
Quarterly Financial Information Disclosure [Abstract]  
Schedule of summarized unaudited quarterly data

Summarized unaudited quarterly data for the years ended June 30, 2022 and 2021, are as follows (in thousands, except per share amounts):

Quarter

Year Ended June 30, 2022

First

Second

Third

Fourth

Total Year

Revenue

$

289,070

$

371,198

$

365,623

$

361,231

$

1,387,122

Operating (loss) income

$

(22,063)

$

24,734

$

33,264

$

44,529

$

80,464

Amounts attributable to Adtalem:

 

 

 

 

 

(Loss) income from continuing operations

$

(77,182)

$

39,034

$

5,857

$

2,464

$

(29,827)

Income (loss) from discontinued operations

$

19,178

$

(21,181)

$

343,985

$

5,550

$

347,532

Net (loss) income attributable to Adtalem

$

(58,004)

$

17,853

$

349,842

$

8,014

$

317,705

Earnings (loss) per share attributable to Adtalem:

 

 

 

 

 

Basic:

 

 

 

 

 

Continuing operations

$

(1.55)

$

0.78

$

0.12

$

0.05

$

(0.62)

Discontinued operations

$

0.39

$

(0.43)

$

7.03

$

0.12

$

7.18

Total basic (loss) earnings per share

$

(1.17)

$

0.36

$

7.15

$

0.18

$

6.57

Diluted:

 

 

 

 

 

Continuing operations

$

(1.55)

$

0.78

$

0.12

$

0.05

$

(0.62)

Discontinued operations

$

0.39

$

(0.42)

$

6.97

$

0.12

$

7.18

Total diluted (loss) earnings per share

$

(1.17)

$

0.36

$

7.09

$

0.18

$

6.57

Quarter

Year Ended June 30, 2021

First

Second

Third

Fourth

Total Year

Revenue

$

218,826

$

234,396

$

230,213

$

223,466

$

906,901

Operating income

$

25,951

$

29,064

$

35,961

$

27,076

$

118,052

Amounts attributable to Adtalem:

 

 

 

 

 

Income from continuing operations

$

19,586

$

23,941

$

24,238

$

2,565

$

70,330

Income (loss) from discontinued operations

$

344

$

(626)

$

414

$

6,447

$

6,579

Net income attributable to Adtalem

$

19,930

$

23,315

$

24,652

$

9,012

$

76,909

Earnings (loss) per share attributable to Adtalem:

 

 

 

 

 

Basic:

 

 

 

 

 

Continuing operations

$

0.37

$

0.46

$

0.48

$

0.05

$

1.37

Discontinued operations

$

0.01

$

(0.01)

$

0.01

$

0.13

$

0.13

Total basic earnings per share

$

0.38

$

0.45

$

0.49

$

0.18

$

1.50

Diluted:

 

 

 

 

 

Continuing operations

$

0.37

$

0.46

$

0.47

$

0.05

$

1.36

Discontinued operations

$

0.01

$

(0.01)

$

0.01

$

0.13

$

0.13

Total diluted earnings per share

$

0.38

$

0.44

$

0.48

$

0.18

$

1.49