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CONSOLIDATED STATEMENTS OF INCOME (LOSS) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Dec. 31, 2018
Dec. 31, 2017
Dec. 31, 2018
Dec. 31, 2017
Revenue $ 316,594 $ 308,211 $ 600,784 $ 601,354
OPERATING COST AND EXPENSE:        
Cost of Educational Services 158,232 157,443 306,885 330,619
Student Services and Administrative Expense 99,989 89,423 198,486 178,367
Restructuring Expense 3,645 1,426 43,193 2,563
Insurance Settlement Gain (15,571) 0 (15,571) 0
Total Operating Cost and Expense 246,295 248,292 532,993 511,549
Operating Income from Continuing Operations 70,299 59,919 67,791 89,805
OTHER INCOME (EXPENSE):        
Interest and Dividend Income 2,173 1,365 4,118 3,483
Interest Expense (5,556) (2,481) (11,758) (4,397)
Investment Loss (1,122) 0 (1,122) 0
Net Other Expense (4,505) (1,116) (8,762) (914)
Income from Continuing Operations Before Income Taxes 65,794 58,803 59,029 88,891
Income Tax Provision (13,165) (110,276) (11,278) (114,751)
Equity Method Investment Income (Loss) 0 6 0 (38)
Income (Loss) from Continuing Operations 52,629 (51,467) 47,751 (25,898)
DISCONTINUED OPERATIONS (NOTE 2):        
Loss from Discontinued Operations Before Income Taxes (8,313) (48,409) (14,448) (63,858)
Loss on Disposal of Discontinued Operations Before Income Taxes (32,714) 0 (32,714) 0
Income Tax Benefit 5,904 19,094 7,332 21,890
Loss from Discontinued Operations (35,123) (29,315) (39,830) (41,968)
NET INCOME (LOSS) 17,506 (80,782) 7,921 (67,866)
Net Income Attributable to Noncontrolling Interest (211) (374) (156) (505)
NET INCOME (LOSS) ATTRIBUTABLE TO ADTALEM GLOBAL EDUCATION 17,295 (81,156) 7,765 (68,371)
AMOUNTS ATTRIBUTABLE TO ADTALEM GLOBAL EDUCATION:        
Income (Loss) from Continuing Operations 52,418 (51,841) 47,595 (26,403)
Loss from Discontinued Operations (35,123) (29,315) (39,830) (41,968)
NET INCOME (LOSS) ATTRIBUTABLE TO ADTALEM GLOBAL EDUCATION $ 17,295 $ (81,156) $ 7,765 $ (68,371)
Basic:        
Continuing Operations $ 0.89 $ (0.85) $ 0.80 $ (0.43)
Discontinued Operations (0.59) (0.48) (0.67) (0.68)
Total 0.29 (1.33) 0.13 (1.10)
Diluted:        
Continuing Operations 0.87 (0.85) 0.79 (0.43)
Discontinued Operations (0.59) (0.48) (0.66) (0.68)
Total $ 0.29 $ (1.33) $ 0.13 $ (1.10)