SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)

12 Months Ended

Jun. 30, 2018

Accounting Policies [Abstract]

Available-For-Sale Marketable Securities

Marketable securities and investments consist of investments in mutual funds, which are classified as available-for-sale securities. The following is a summary of our available-for-sale marketable securities at June 30, 2018 (in thousands):

	Gross Unrealized
	Cost		(Loss)		Gain		Fair Value
Marketable Securities:
Bond Mutual Fund	$	1,137	$	-	$	32	$	1,169
Stock Mutual Funds		2,581		-		505		3,086
Total Marketable Securities	$	3,718	$	-	$	537	$	4,255

The following is a summary of our available for sale marketable securities at June 30, 2017 (in thousands):

	Gross Unrealized
	Cost		(Loss)		Gain		Fair Value
Marketable Securities:
Bond Mutual Fund	$	1,112	$	-	$	64	$	1,176
Stock Mutual Funds		2,448		-		389		2,837
Total Marketable Securities	$	3,560	$	-	$	453	$	4,013

Reconciliation of Non-Controlling Interest Balance

The following is a reconciliation of the noncontrolling interest balance (in thousands):

	Year Ended June 30,
	2018			2017
Balance at Beginning of Year	$	6,285		$	5,112
Net Income Attributable to Noncontrolling Interest		528			997
(Decrease) Increase in Redemption Value of Noncontrolling Interest Put Options		(1,872	)		176
Acquisition of Noncontrolling Interest in EduPristine		4,074			-
Capital Investment from Noncontrolling Interest in EduPristine		95			-
Balance at End of Year	$	9,110		$	6,285

Reconciliation of Basic Shares to Diluted Shares

The following is a reconciliation of basic shares to diluted shares (in thousands):

	June 30,
	2018		2017		2016
Weighted Average Shares Outstanding		60,760		62,656		63,254
Unvested Participating RSUs		702		843		782
Basic Shares		61,462		63,499		64,036
Effect of Dilutive Stock Options		818		520		335
Diluted Shares		62,280		64,019		64,371

Condensed Cash Flow Statement

Therefore, we changed line items on the Consolidated Statements of Cash Flows for the years ended June 30, 2017 and 2016 as follows (in thousands):

	Year Ended June 30,
	2017			2016
Net Cash Provided by Operating Activities:
Previously Reported	$	227,964		$	228,009
Adjustment		2,956			3,474
As Reported	$	230,920		$	231,483
Net Cash Provided by Financing Activities:
Previously Reported	$	88,799		$	(65,621	)
Adjustment		(2,956	)		(3,474	)
As Reported	$	85,843		$	(69,095	)