Segment Reporting (Tables)

6 Months Ended

Jun. 30, 2019

Segment Reporting [Abstract]

Summary Financial Information by Reporting Segment

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

	For the Quarter Ended June 30,
	Revenue										Operating Income (Loss)
	2019		% of Total			2018		% of Total			2019			2018
CTU (1)	$	96,555		61.7	%	$	93,266		65.7	%	$	12,113		$	27,116
AIU (2)		59,873		38.3	%		48,579		34.2	%		(4,217	)		(1,585	)
Total University Group		156,428		100.0	%		141,845		99.9	%		7,896			25,531
Corporate and Other (3)		13	NM				191		0.1	%		(7,712	)		(14,228	)
Total	$	156,441		100.0	%	$	142,036		100.0	%	$	184		$	11,303

	For the Year to Date Ended June 30,
	Revenue										Operating Income (Loss)
	2019		% of Total			2018		% of Total			2019			2018
CTU (1)	$	193,612		61.6	%	$	187,873		64.8	%	$	41,804		$	54,301
AIU (2)		120,652		38.4	%		101,700		35.1	%		4,095			2,551
Total University Group		314,264		100.0	%		289,573		99.8	%		45,899			56,852
Corporate and Other (3)		30	NM				528		0.2	%		(15,744	)		(25,020	)
Total	$	314,294		100.0	%	$	290,101		100.0	%	$	30,155		$	31,832

	Total Assets as of  (4)
	June 30, 2019		December 31, 2018
CTU	$	97,655	$	76,713
AIU		65,292		59,133
Total University Group		162,947		135,846
Corporate and Other (3)		398,554		346,469
Discontinued Operations		298		178
Total	$	561,799	$	482,493

(1) A reserve of $18.6 million was recorded within CTU related to the FTC settlement during the quarter ended June 30, 2019.

(2) A reserve of $11.4 million was recorded within AIU related to the FTC settlement during the quarter ended June 30, 2019.

(3) Corporate and Other includes results of operations for closed campuses.

(4) Total assets do not include intercompany receivable or payable activity between institutions and corporate and investments in subsidiaries.