Segment Reporting (Tables)

3 Months Ended

Mar. 31, 2022

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 March 31,
	Revenue										Operating Income (Loss)
	2022		% of Total			2021		% of Total			2022			2021
CTU (1)	$	113,148		61.8	%	$	105,822		57.6	%	$	43,026		$	36,143
AIUS (2)		69,532		38.0	%		77,477		42.2	%		9,523			11,323
Corporate and Other (3)		279		0.2	%		339		0.2	%		(8,856	)		(6,849	)
Total	$	182,959		100.0	%	$	183,638		100.0	%	$	43,693		$	40,617

	Total Assets as of  (4)
	March 31, 2022		December 31, 2021
CTU	$	152,252	$	153,072
AIUS		138,730		151,407
Corporate and Other (3)		552,845		542,954
Total	$	843,827	$	847,433

(1) CTU results of operations include the Hippo acquisition commencing on the September 10, 2021 date of acquisition.  

(2) AIUS results of operations include the DigitalCrafts acquisition commencing on the August 2, 2021 date of acquisition.

(3) Corporate and Other includes results of operations and total assets for closed campuses. Revenue recorded within Corporate and Other relates to miscellaneous non-student related revenue.

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