Goodwill and Intangible Assets (Tables)

12 Months Ended

Jun. 30, 2022

Goodwill and Intangible Assets Disclosure [Abstract]

Summary of Goodwill

The table below summarizes goodwill balances by reporting unit (in thousands):

	June 30,
	2022		2021
Chamberlain	$	4,716	$	4,716
Walden		651,052		—
AUC		68,321		68,321
RUSM and RUSVM		237,173		237,173
Total	$	961,262	$	310,210

The table below summarizes goodwill balances by reportable segment (in thousands):

	June 30,
	2022		2021
Chamberlain	$	4,716	$	4,716
Walden		651,052		—
Medical and Veterinary		305,494		305,494
Total	$	961,262	$	310,210

The table below summarizes the changes in goodwill balances by reportable segment (in thousands):

					Medical and
	Chamberlain		Walden		Veterinary		Total
June 30, 2020	$	4,716	$	—	$	305,494	$	310,210
June 30, 2021		4,716		—		305,494		310,210
Acquisition		—		651,052		—		651,052
June 30, 2022	$	4,716	$	651,052	$	305,494	$	961,262

Summary of Amortizable Intangible Assets

Amortizable intangible assets consisted of the following (in thousands):

	June 30, 2022
	Gross Carrying		Accumulated		Weighted-Average
	Amount		Amortization		Amortization Period
Student relationships	$	161,900	$	(87,457)	3 Years
Curriculum		56,091		(9,817)	5 Years
Total	$	217,991	$	(97,274)

Summary of Indefinite-Lived Intangible Assets

Indefinite-lived intangible assets consisted of the following (in thousands):

	June 30,
	2022		2021
Walden trade name	$	119,560	$	—
AUC trade name		17,100		17,100
Ross trade name		5,100		5,100
Chamberlain Title IV eligibility and accreditations		1,200		1,200
Walden Title IV eligibility and accreditations		495,800		—
AUC Title IV eligibility and accreditations		100,000		100,000
Ross Title IV eligibility and accreditations		14,100		14,100
Total	$	752,860	$	137,500

The table below summarizes the indefinite-lived intangible asset balances by reportable segment (in thousands):

	June 30,
	2022		2021
Chamberlain	$	1,200	$	1,200
Walden		615,360		—
Medical and Veterinary		136,300		136,300
Total	$	752,860	$	137,500

Estimated Amortization Expense for Amortized Intangible Assets

Future intangible asset amortization expense, by reporting unit, is expected to be as follows (in thousands):

Fiscal Year	Walden
2023	$	61,239
2024		35,644
2025		11,220
2026		11,220
2027		1,394
Total	$	120,717