Discontinued Operations and Assets Held for Sale (Tables)

12 Months Ended

Dec. 31, 2019

Discontinued Operations and Disposal Groups [Abstract]

Summary of Major Classes of Assets And Liabilities Reclassified To Held For Sale

Summarized operating results of the Discontinued Operations are presented in the following table:

For the year ended December 31,	2019			2018			2017
Revenues	$	501,739		$	929,681		$	1,044,917
Depreciation and amortization	1,185			29,188			63,609
Share-based compensation expense	333			1,053			2,944
Other direct costs	390,778			740,873			823,256
Loss on impairment of assets	43,284			3,080			33,476
Operating income	66,159			155,487			121,632
Other non-operating income (expense)	5,321			(21,832		)	(18,066		)
Pretax income of discontinued operations	71,480			133,655			103,566
Income tax expense	(17,539		)	(48,771		)	(26,176		)
Income from discontinued operations, net of tax	$	53,941		$	84,884		$	77,390
Operating cash flows of discontinued operations	$	40,224		$	169,248		$	122,907
Investing cash flows of discontinued operations	$	(23,646	)	$	(72,636	)	$	(75,776	)
Financing cash flows of discontinued operations	$	(53,952	)	$	(20,825	)	$	(81,507	)

The carrying amounts of the major classes of assets and liabilities that were classified as held for sale are presented in the following table:

	December 31, 2019		December 31, 2018
Assets of Discontinued Operations
Cash and cash equivalents	$	55,401	$	215,644
Receivables, net	14,762		62,576
Property and equipment, net	182,530		671,121
Goodwill	9,753		131,329
Tradenames	6,890		124,932
Operating lease right-of-use assets, net	59,231		—
Other assets	52,730		106,326
Subtotal: assets of Discontinued Operations	$	381,297	$	1,311,928
Other assets classified as Held for Sale: UniNorte Brazil
Receivables, net	$	—	$	6,983
Property and equipment, net	—		16,726
Goodwill	—		15,165
Tradenames	—		8,146
Other assets	—		13,935
Other land and buildings classified as held for sale
Property and equipment, net	8,476		—
Subtotal: other assets classified as held for sale	$	8,476	$	60,955
Total assets held for sale	$	389,773	$	1,372,883

	December 31, 2019		December 31, 2018
Liabilities of Discontinued Operations
Deferred revenue and student deposits	$	14,287	$	115,969
Operating leases, including current portion	63,304		—
Long-term debt, including current portion	55,495		279,612
Other liabilities	56,032		269,558
Subtotal: liabilities of Discontinued Operations	$	189,118	$	665,139
Other liabilities classified as held for sale: UniNorte Brazil
Deferred revenue and student deposits	$	—	$	469
Long-term debt, including current portion	—		5,370
Other liabilities	—		9,405
Subtotal: other liabilities classified as held for sale	$	—	$	15,244
Total liabilities held for sale	$	189,118	$	680,383