Segment Information (Tables)

12 Months Ended

Jun. 30, 2025

Segment Reporting [Abstract]

Tabulation of Business Segment Information Based on Current Segmentation

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

	Year Ended June 30,
	2025		2024		2023
Revenue:
Chamberlain	$	725,774	$	633,522	$	571,034
Walden		693,430		595,332		533,725
Medical and Veterinary		369,086		355,798		346,067
Total consolidated revenue	$	1,788,290	$	1,584,652	$	1,450,826
Cost of educational services:
Chamberlain	$	321,769	$	277,215	$	248,727
Walden		240,084		221,110		199,625
Medical and Veterinary		209,577		200,223		200,134
Other segment expenses(1):
Chamberlain	$	250,638	$	218,507	$	186,804
Walden		269,765		243,675		223,736
Medical and Veterinary		90,257		84,068		78,597
Adjusted operating income:
Chamberlain	$	153,367	$	137,800	$	135,503
Walden		183,581		130,547		110,364
Medical and Veterinary		69,252		71,507		67,336
Total segment adjusted operating income		406,200		339,854		313,203
Reconciliation to Consolidated Financial Statements:
Home Office expense		(36,030)		(31,076)		(25,633)
Restructuring expense		(3,314)		(1,870)		(18,817)
Business integration expense		—		(34,215)		(42,661)
Amortization of acquired intangible assets:		(11,220)		(35,644)		(61,239)
Litigation reserve		5,550		(18,500)		(10,000)
Asset impairments		(6,442)		—		—
Strategic advisory costs		(12,000)		—		—
Loss on assets held for sale		(490)		(647)		—
Debt modification costs		(712)		(848)		—
Gain on sale of assets		—		—		13,317
Total consolidated operating income		341,542		217,054		168,170
Interest expense		(52,318)		(63,659)		(63,100)
Other income, net		9,290		10,542		6,965
Total consolidated income from continuing operations before income taxes	$	298,514	$	163,937	$	112,035
Depreciation:
Chamberlain	$	21,687	$	18,752	$	17,175
Walden		7,421		7,389		9,419
Medical and Veterinary		10,853		11,983		12,438
Home Office		741		1,552		2,344
Total consolidated depreciation	$	40,702	$	39,676	$	41,376
Amortization of acquired intangible assets:
Walden	$	11,220	$	35,644	$	61,239
Total consolidated amortization of acquired intangible assets	$	11,220	$	35,644	$	61,239

(1) Other segment expenses for each reportable segment include student services and administrative related expenses.

Revenues and long-lived assets by geographic area

Revenue and long-lived assets by geographic area are as follows (in thousands):

	Year Ended June 30,
	2025		2024		2023
Revenue by geographic area:
Domestic operations	$	1,419,204	$	1,228,854	$	1,104,759
Barbados, St. Kitts, and St. Maarten		369,086		355,798		346,067
Total consolidated revenue	$	1,788,290	$	1,584,652	$	1,450,826

	June 30,
	2025		2024
Long-lived assets by geographic area:
Domestic operations	$	308,190	$	283,597
Barbados, St. Kitts, and St. Maarten		139,135		149,507
Total consolidated long-lived assets	$	447,325	$	433,104