Segment Information (Tables)

3 Months Ended

Sep. 30, 2024

Segment Reporting [Abstract]

Tabulation of Business Segment Information Based on Current Segmentation

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

	Three Months Ended
	September 30,
	2024		2023
Revenue:
Chamberlain	$	167,930	$	142,596
Walden		161,513		141,608
Medical and Veterinary		87,957		84,641
Total consolidated revenue	$	417,400	$	368,845
Adjusted operating income:
Chamberlain	$	27,832	$	24,324
Walden		42,642		31,115
Medical and Veterinary		14,730		14,477
Home Office		(9,355)		(6,607)
Total consolidated adjusted operating income		75,849		63,309
Reconciliation to Consolidated Financial Statements:
Restructuring expense		(2,094)		(676)
Business integration expense		—		(5,262)
Amortization of acquired intangible assets		(2,805)		(10,677)
Litigation reserve		—		(18,500)
Debt modification costs		(712)		—
Total consolidated operating income		70,238		28,194
Interest expense		(14,482)		(15,657)
Other income, net		2,646		2,214
Total consolidated income from continuing operations before income taxes	$	58,402	$	14,751
Depreciation:
Chamberlain	$	5,368	$	4,116
Walden		1,682		1,974
Medical and Veterinary		2,569		2,892
Home Office		184		356
Total consolidated depreciation	$	9,803	$	9,338
Amortization of acquired intangible assets:
Walden	$	2,805	$	10,677
Total consolidated amortization of acquired intangible assets	$	2,805	$	10,677

Revenues and long-lived assets by geographic area

Revenue by geographic area is as follows (in thousands):

	Three Months Ended
	September 30,
	2024		2023
Revenue by geographic area:
Domestic operations	$	329,443	$	284,204
Barbados, St. Kitts, and St. Maarten		87,957		84,641
Total consolidated revenue	$	417,400	$	368,845