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Goodwill and Intangible Assets (Tables)
12 Months Ended
Jun. 30, 2025
Goodwill and Intangible Assets Disclosure [Abstract]  
Summary of Goodwill

Goodwill balances by reportable segment were as follows (in thousands):

June 30,

2025

2024

Chamberlain

$

4,716

$

4,716

Walden

651,052

651,052

Medical and Veterinary

305,494

305,494

Total

$

961,262

$

961,262

Summary of Indefinite-Lived Intangible Assets

Indefinite-lived intangible assets consisted of the following (in thousands):

June 30,

2025

2024

Title IV eligibility and accreditations

$

611,100

$

611,100

Trade name

 

141,760

 

141,760

Total

$

752,860

$

752,860

Summary of Amortizable Intangible Assets

Amortizable intangible assets consisted of the following (in thousands):

June 30, 2025

June 30, 2024

Gross Carrying

Accumulated

Gross Carrying

Accumulated

Weighted-Average

Amount

Amortization

Amount

Amortization

Amortization Period

Curriculum

$

56,091

$

(43,477)

 

$

56,091

$

(32,257)

 

5 Years

Total

$

56,091

$

(43,477)

 

$

56,091

$

(32,257)

 

Estimated Amortization Expense for Amortized Intangible Assets Future amortization expense on finite-lived intangible assets, by reporting unit, is expected to be as follows (in thousands):

Fiscal Year

Walden

2026

$

11,220

2027

 

1,394

Total

$

12,614