Segment Reporting (Tables)

3 Months Ended

Nov. 30, 2016

A summary of financial information by reportable segment is as follows:



	Three Months Ended November 30,
($ in thousands)	2016			2015
Net revenue:
University of Phoenix	$	354,294		$	462,617
Apollo Global	121,246			115,332
Other	8,959			8,072
Net revenue	$	484,499		$	586,021
Operating income (loss)⁽¹⁾:
University of Phoenix	$	32,550		$	(17,504	)
Apollo Global	(3,643		)	(2,335		)
Other	(20,503		)	(25,410		)
Operating income (loss)	8,404			(45,249		)
Reconciling items:
Interest income	1,087			919
Interest expense	(1,425		)	(1,456		)
Other loss, net	(644		)	(843		)
Income (loss) from continuing operations before income taxes	$	7,422		$	(46,629	)

⁽¹⁾ University of Phoenix, Apollo Global and Other include restructuring and impairment charges during the periods, which includes a $71.8 million goodwill impairment charge during the first quarter of fiscal year 2016 for our University of Phoenix reporting unit. Refer to Note 2, Restructuring and Impairment Charges. Additionally, Apollo Global and Other include expense represented in Merger, acquisition and other related costs, net, during the three months ended November 30, 2016 and 2015.

Our consolidated assets by reportable segment consist of the following as of the respective period ends:



($ in thousands)	November 30, 2016		August 31, 2016
University of Phoenix	$	609,546	$	599,790
Apollo Global	690,169		704,207
Other⁽¹⁾	655,528		708,909
Total assets	$	1,955,243	$	2,012,906

⁽¹⁾The majority of the assets included in Other consists of cash and cash equivalents and marketable securities.