Quarterly Financial Data (Unaudited)

12 Months Ended

Jun. 30, 2022

Quarterly Financial Information Disclosure [Abstract]

Quarterly Financial Data (Unaudited)

22. Quarterly Financial Data (Unaudited)

Summarized unaudited quarterly data for the years ended June 30, 2022 and 2021, are as follows (in thousands, except per share amounts):

	Quarter
Year Ended June 30, 2022	First		Second		Third		Fourth		Total Year
Revenue	$	289,070	$	371,198	$	365,623	$	361,231	$	1,387,122
Operating (loss) income	$	(22,063)	$	24,734	$	33,264	$	44,529	$	80,464
Amounts attributable to Adtalem:
(Loss) income from continuing operations	$	(77,182)	$	39,034	$	5,857	$	2,464	$	(29,827)
Income (loss) from discontinued operations	$	19,178	$	(21,181)	$	343,985	$	5,550	$	347,532
Net (loss) income attributable to Adtalem	$	(58,004)	$	17,853	$	349,842	$	8,014	$	317,705
Earnings (loss) per share attributable to Adtalem:
Basic:
Continuing operations	$	(1.55)	$	0.78	$	0.12	$	0.05	$	(0.62)
Discontinued operations	$	0.39	$	(0.43)	$	7.03	$	0.12	$	7.18
Total basic (loss) earnings per share	$	(1.17)	$	0.36	$	7.15	$	0.18	$	6.57
Diluted:
Continuing operations	$	(1.55)	$	0.78	$	0.12	$	0.05	$	(0.62)
Discontinued operations	$	0.39	$	(0.42)	$	6.97	$	0.12	$	7.18
Total diluted (loss) earnings per share	$	(1.17)	$	0.36	$	7.09	$	0.18	$	6.57

	Quarter
Year Ended June 30, 2021	First		Second		Third		Fourth		Total Year
Revenue	$	218,826	$	234,396	$	230,213	$	223,466	$	906,901
Operating income	$	25,951	$	29,064	$	35,961	$	27,076	$	118,052
Amounts attributable to Adtalem:
Income from continuing operations	$	19,586	$	23,941	$	24,238	$	2,565	$	70,330
Income (loss) from discontinued operations	$	344	$	(626)	$	414	$	6,447	$	6,579
Net income attributable to Adtalem	$	19,930	$	23,315	$	24,652	$	9,012	$	76,909
Earnings (loss) per share attributable to Adtalem:
Basic:
Continuing operations	$	0.37	$	0.46	$	0.48	$	0.05	$	1.37
Discontinued operations	$	0.01	$	(0.01)	$	0.01	$	0.13	$	0.13
Total basic earnings per share	$	0.38	$	0.45	$	0.49	$	0.18	$	1.50
Diluted:
Continuing operations	$	0.37	$	0.46	$	0.47	$	0.05	$	1.36
Discontinued operations	$	0.01	$	(0.01)	$	0.01	$	0.13	$	0.13
Total diluted earnings per share	$	0.38	$	0.44	$	0.48	$	0.18	$	1.49