XML 58 R35.htm IDEA: XBRL DOCUMENT v2.4.0.6
Goodwill And Intangible Assets Goodwill And Intangible Assets (Tables)
12 Months Ended
Jun. 30, 2012
Goodwill And Intangible Assets [Abstract]  
Schedule of Goodwill [Table Text Block]
At June 30, 2012, the composition of the Company's goodwill balance was as follows (in thousands). No impairments were recorded during fiscal 2011 and 2010.
 
Balance at June 30, 2011
Impairment Charge
Balance at June 30, 2012
The Art Institutes
$
1,984,688

$
(1,123,069
)
$
861,619

Argosy University
219,350

(155,905
)
63,445

Brown Mackie Colleges
254,561

(254,561
)

South University
123,400

(84,914
)
38,486

Total goodwill
$
2,581,999

$
(1,618,449
)
$
963,550

Schedule of Intangible Assets [Table Text Block]
Intangible assets other than goodwill consisted of the following amounts at June 30 (in thousands):
 
 
2012
 
2011
 
Gross
Carrying
Amount
 
Accumulated
Amortization
 
Gross
Carrying
Amount
 
Accumulated
Amortization
Tradename-Art Institute
$
218,000

 
$

 
$
330,000

 
$

Licensing, accreditation and Title IV program participation
95,862

 

 
112,179

 

Curriculum and programs
38,702

 
(28,541
)
 
35,221

 
(23,664
)
Student contracts, applications and relationships
39,511

 
(36,270
)
 
39,511

 
(35,159
)
Favorable leases and other
19,424

 
(16,659
)
 
19,451

 
(15,152
)
Total intangible assets
$
411,499

 
$
(81,470
)
 
$
536,362

 
$
(73,975
)
Schedule of Expected Amortization Expense [Table Text Block]
Total estimated amortization of the Company’s intangible assets for each of the years ending June 30, 2013 through 2017 and thereafter is as follows (in thousands):
 
Fiscal years
Amortization
Expense
2013
$
6,704

2014
4,936

2015
2,703

2016
1,006

2017
308

Thereafter
510