XML 40 R25.htm IDEA: XBRL DOCUMENT v3.10.0.1
QUARTERLY FINANCIAL DATA (UNAUDITED)
12 Months Ended
Jun. 30, 2018
Quarterly Financial Information Disclosure [Abstract]  
QUARTERLY FINANCIAL DATA (UNAUDITED)
NOTE 17: QUARTERLY FINANCIAL DATA (UNAUDITED)
 
Summarized unaudited quarterly data for the years ended June 30, 2018 and 2017, are as follows:
 
 
 
Quarter
 
 
 
 
 
 
First
 
 
Second
 
 
Third
 
 
Fourth
 
 
Total Year
 
 
 
(in thousands, except per share amounts)
 
2018
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Revenue
 
$
293,143
 
 
$
308,211
 
 
$
310,070
 
 
$
319,787
 
 
$
1,231,211
 
Operating Income from Continuing Operations
 
$
29,886
 
 
$
59,918
 
 
$
52,505
 
 
$
65,167
 
 
$
207,476
 
Amounts Attributable to Adtalem Global Education:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Income (Loss) from Continuing Operations
 
$
25,438
 
 
$
(51,841
)
 
$
42,905
 
 
$
97,413
 
 
$
113,915
 
Loss from Discontinued Operations
 
$
(12,653
)
 
$
(29,315
)
 
$
(3,571
)
 
$
(34,607
)
 
$
(80,146
)
Net Income (Loss) Attributable to Adtalem Global Education
 
$
12,785
 
 
$
(81,156
)
 
$
39,334
 
 
$
62,806
 
 
$
33,769
 
Earnings (Loss) per Common Share Attributable to Adtalem Global Education Shareholders:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Basic:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Continuing Operations
 
$
0.41
 
 
$
(0.85
)
 
$
0.70
 
 
$
1.60
 
 
$
1.85
 
Discontinued Operations
 
$
(0.20
)
 
$
(0.48
)
 
$
(0.06
)
 
$
(0.57
)
 
$
(1.30
)
Total
 
$
0.20
 
 
$
(1.33
)
 
$
0.64
 
 
$
1.03
 
 
$
0.55
 
Diluted:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Continuing Operations
 
$
0.40
 
 
$
(0.85
)
 
$
0.69
 
 
$
1.58
 
 
$
1.83
 
Discontinued Operations
 
$
(0.20
)
 
$
(0.48
)
 
$
(0.06
)
 
$
(0.56
)
 
$
(1.29
)
Total
 
$
0.20
 
 
$
(1.33
)
 
$
0.63
 
 
$
1.02
 
 
$
0.54
 
 
 
 
Quarter
 
 
 
 
 
 
First
 
 
Second
 
 
Third
 
 
Fourth
 
 
Total Year
 
 
 
(in thousands, except per share amounts)
 
2017
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Revenue
 
$
292,042
 
 
$
301,513
 
 
$
299,138
 
 
$
315,216
 
 
$
1,207,909
 
Operating Income from Continuing Operations
 
$
35,127
 
 
$
3,164
 
 
$
45,466
 
 
$
51,741
 
 
$
135,498
 
Amounts Attributable to Adtalem Global Education:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Income from Continuing Operations
 
$
26,994
 
 
$
11,746
 
 
$
38,332
 
 
$
42,902
 
 
$
119,974
 
(Loss) Income from Discontinued Operations
 
$
(1,842
)
 
$
2,667
 
 
$
1,527
 
 
$
(43
)
 
$
2,309
 
Net Income Attributable to Adtalem Global Education
 
$
25,152
 
 
$
14,413
 
 
$
39,859
 
 
$
42,859
 
 
$
122,283
 
Earnings (Loss) per Common Share Attributable to Adtalem Global Education Shareholders:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Basic:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Continuing Operations
 
$
0.43
 
 
$
0.18
 
 
$
0.60
 
 
$
0.68
 
 
$
1.89
 
Discontinued Operations
 
$
(0.03
)
 
$
0.04
 
 
$
0.02
 
 
$
(0.00
)
 
$
0.04
 
Total
 
$
0.40
 
 
$
0.23
 
 
$
0.63
 
 
$
0.68
 
 
$
1.93
 
Diluted:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Continuing Operations
 
$
0.42
 
 
$
0.18
 
 
$
0.60
 
 
$
0.67
 
 
$
1.87
 
Discontinued Operations
 
$
(0.03
)
 
$
0.04
 
 
$
0.02
 
 
$
(0.00
)
 
$
0.04
 
Total
 
$
0.39
 
 
$
0.23
 
 
$
0.62
 
 
$
0.67
 
 
$
1.91
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Cash Dividends Declared per Common Share
 
$
-
 
 
$
0.18
 
 
$
-
 
 
$
-
 
 
$
0.18