Adtalem Global Education (ATGE) 10-Q 2 Feb 17 2017 Q2 Quarterly report Financial data

Document And Entity Information

Document And Entity Information - shares	6 Months Ended
	Dec. 31, 2016	Jan. 26, 2017
Document Information [Line Items]
Document Type	10-Q
Amendment Flag	false
Document Period End Date	Dec. 31, 2016
Document Fiscal Year Focus	2,017
Document Fiscal Period Focus	Q2
Entity Registrant Name	DEVRY EDUCATION GROUP INC.
Entity Central Index Key	730,464
Current Fiscal Year End Date	--06-30
Entity Filer Category	Large Accelerated Filer
Trading Symbol	DV
Entity Common Stock, Shares Outstanding		62,885,000

CONSOLIDATED BALANCE SHEETS

CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Dec. 31, 2016	Jun. 30, 2016	Dec. 31, 2015
Current Assets:
Cash and Cash Equivalents	$ 199,945	$ 308,164	$ 178,193
Marketable Securities and Investments	3,844	3,609	3,493
Restricted Cash	11,092	7,183	13,973
Accounts Receivable, Net	150,237	162,389	121,817
Prepaid Expenses and Other	62,315	36,760	41,551
Total Current Assets	427,433	518,105	359,027
Land, Building and Equipment:
Land	48,595	55,690	59,677
Building	471,272	488,347	489,145
Equipment	529,221	521,209	500,274
Construction in Progress	15,628	22,560	32,166
Land, Building and Equipment, Gross	1,064,716	1,087,806	1,081,262
Accumulated Depreciation	(575,470)	(566,043)	(545,711)
Land, Building and Equipment Held for Sale, Net	11,280	0	0
Land, Building and Equipment, Net	500,526	521,763	535,551
Other Assets:
Deferred Income Taxes, Net	26,618	52,608	24,889
Intangible Assets, Net	421,528	342,856	357,901
Goodwill	854,838	588,007	542,994
Perkins Program Fund, Net	13,450	13,450	13,450
Other Assets	57,040	60,207	58,728
Total Other Assets	1,373,474	1,057,128	997,962
TOTAL ASSETS	2,301,433	2,096,996	1,892,540
Current Liabilities:
Accounts Payable	47,889	64,687	56,762
Accrued Salaries, Wages and Benefits	78,864	93,328	73,506
Accrued Expenses	102,154	103,379	83,763
Deferred Revenue	96,649	100,442	77,778
Total Current Liabilities	325,556	361,836	291,809
Other Liabilities:
Revolving Loan	225,000	0	0
Deferred Income Taxes, Net	32,452	29,936	21,380
Deferred Rent and Other	106,792	118,025	109,701
Total Other Liabilities	364,244	147,961	131,081
TOTAL LIABILITIES	689,800	509,797	422,890
COMMITMENTS AND CONTINGENCIES (NOTE 14)
NONCONTROLLING INTEREST	6,720	5,112	2,813
SHAREHOLDERS' EQUITY:
Common Stock, $0.01 Par Value, 200,000,000 Shares Authorized; 62,776,000, 62,549,000 and 63,284,000 Shares Outstanding at December 31, 2016, June 30, 2016 and December 31, 2015, respectively	775	765	764
Additional Paid-in Capital	395,155	372,175	360,333
Retained Earnings	1,797,634	1,771,068	1,743,105
Accumulated Other Comprehensive Loss	(50,828)	(42,467)	(133,207)
Treasury Stock, at Cost, 14,762,000, 13,990,000 and 13,131,000 Shares at December 31, 2016, June 30, 2016 and December 31, 2015, respectively	(537,823)	(519,454)	(504,158)
TOTAL SHAREHOLDERS' EQUITY	1,604,913	1,582,087	1,466,837
TOTAL LIABILITIES, NONCONTROLLING INTEREST AND SHAREHOLDERS' EQUITY	$ 2,301,433	$ 2,096,996	$ 1,892,540

CONSOLIDATED BALANCE SHEETS (Pa

CONSOLIDATED BALANCE SHEETS (Parenthetical) - $ / shares	Dec. 31, 2016	Jun. 30, 2016	Dec. 31, 2015
Common Stock, Par Value	$ 0.01	$ 0.01	$ 0.01
Common Stock, Shares Authorized	200,000,000	200,000,000	200,000,000
Common Stock, Shares Outstanding	62,776,000	62,549,000	63,284,000
Treasury Stock, Shares	14,762,000	13,990,000	13,131,000

CONSOLIDATED STATEMENTS OF INCO

CONSOLIDATED STATEMENTS OF INCOME (LOSS) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2016	Dec. 31, 2015
REVENUE:
Tuition	$ 419,264	$ 421,602	$ 818,291	$ 817,658
Other Educational	37,086	34,601	87,951	79,957
Total Revenue	456,350	456,203	906,242	897,615
OPERATING COST AND EXPENSE:
Cost of Educational Services	239,787	241,021	490,460	486,098
Student Services and Administrative Expense	145,651	159,163	306,716	323,179
Restructuring Expense	5,050	12,923	10,097	36,997
Regulatory Settlements	56,252	0	56,252	0
Loss on Assets Held for Sale	4,764	0	4,764	0
Impairment of Goodwill and Intangible Assets	0	99,473	0	99,473
Total Operating Cost and Expense	451,504	512,580	868,289	945,747
Operating Income (Loss)	4,846	(56,377)	37,953	(48,132)
INTEREST:
Interest Income	993	240	2,051	367
Interest Expense	(2,300)	(1,847)	(4,415)	(4,173)
Net Interest Expense	(1,307)	(1,607)	(2,364)	(3,806)
Income (Loss) Before Income Taxes	3,539	(57,984)	35,589	(51,938)
Income Tax Benefit	11,216	7,514	4,315	6,853
NET INCOME (LOSS)	14,755	(50,470)	39,904	(45,085)
Net Income Attributable to Noncontrolling Interest	(342)	(117)	(339)	(37)
NET INCOME (LOSS) ATTRIBUTABLE TO DEVRY EDUCATION GROUP	$ 14,413	$ (50,587)	$ 39,565	$ (45,122)
Diluted:
Basic	$ 0.23	$ (0.79)	$ 0.62	$ (0.70)
Diluted	0.23	(0.79)	0.62	(0.70)
Cash Dividends Declared per Common Share	$ 0.18	$ 0.18	$ 0.18	$ 0.18

CONSOLIDATED STATEMENTS OF COMP

CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (LOSS) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2016	Dec. 31, 2015
NET INCOME (LOSS)	$ 14,755	$ (50,470)	$ 39,904	$ (45,085)
OTHER COMPREHENSIVE INCOME (LOSS), NET OF TAX
Currency Translation Loss	(1,632)	(11,066)	(8,462)	(55,986)
Change in Fair Value of Available-For-Sale Securities	27	13	101	(107)
COMPREHENSIVE INCOME (LOSS)	13,150	(61,523)	31,543	(101,178)
COMPREHENSIVE (INCOME) LOSS ATTRIBUTABLE TO NONCONTROLLING INTEREST	(313)	112	(166)	1,162
COMPREHENSIVE INCOME (LOSS) ATTRIBUTABLE TO DEVRY EDUCATION GROUP	$ 12,837	$ (61,411)	$ 31,377	$ (100,016)

CONSOLIDATED STATEMENTS OF CASH

CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($) $ in Thousands	6 Months Ended
	Dec. 31, 2016	Dec. 31, 2015
CASH FLOW FROM OPERATING ACTIVITIES:
Net Income (Loss)	$ 39,904	$ (45,085)
Adjustments to Reconcile Net Income (Loss) to Net Cash Provided by Operating Activities:
Stock-Based Compensation Expense	9,333	10,212
Depreciation	35,567	39,370
Amortization	6,047	2,902
Impairment of Goodwill and Intangible Assets	0	99,473
Provision for Refunds and Uncollectible Accounts	44,713	40,601
Deferred Income Taxes	10,730	(16,993)
Loss on Disposals, Accelerated Depreciation and Adjustments to Land, Building and Equipment	3,969	15,263
Unrealized Loss on Assets Held for Sale	4,764	0
Changes in Assets and Liabilities, Net of Effects from Acquisition Components:
Restricted Cash	(3,909)	(3,230)
Accounts Receivable	(33,132)	(18,218)
Prepaid Expenses and Other	(33,264)	(5,134)
Accounts Payable	(13,175)	(9,257)
Accrued Salaries, Wages, Benefits and Expenses	(17,930)	(20,199)
Deferred Revenue	(18,698)	(13,186)
NET CASH PROVIDED BY OPERATING ACTIVITIES	34,919	76,519
CASH FLOWS FROM INVESTING ACTIVITIES:
Capital Expenditures	(20,406)	(41,048)
Payment for Purchase of Businesses, Net of Cash Acquired	(330,567)	(170,577)
Marketable Securities Purchased	(73)	(86)
Purchase of Noncontrolling Interest of Subsidiary	0	(3,114)
NET CASH USED IN INVESTING ACTIVITIES	(351,046)	(214,825)
CASH FLOWS FROM FINANCING ACTIVITIES:
Proceeds from Exercise of Stock Options	13,784	271
Proceeds from Stock Issued Under Colleague Stock Purchase Plan	439	558
Repurchase of Common Stock for Treasury	(16,381)	(16,510)
Cash Dividends Paid	(11,412)	(11,563)
Payments of Seller Financed Obligations	(3,518)	(3,476)
Borrowings Under Revolving Credit Facility	405,000	0
Repayments Under Revolving Credit Facility	(180,000)	0
NET CASH PROVIDED BY (USED IN) FINANCING ACTIVITIES	207,912	(30,720)
Effects of Exchange Rate Differences	(4)	(5,803)
NET DECREASE IN CASH AND CASH EQUIVALENTS	(108,219)	(174,829)
Cash and Cash Equivalents at Beginning of Period	308,164	353,022
Cash and Cash Equivalents at End of Period	199,945	178,193
Non-cash Investing and Financing Activity:
Increase (Decrease) in Redemption Value of Noncontrolling Interest Put Option	$ 1,269	$ (3,730)

INTERIM FINANCIAL STATEMENTS

INTERIM FINANCIAL STATEMENTS	6 Months Ended
	Dec. 31, 2016
Interim Financial Statements [Abstract]
INTERIM FINANCIAL STATEMENTS	NOTE 1: INTERIM FINANCIAL STATEMENTS The interim Consolidated Financial Statements include accounts of DeVry Education Group Inc. (“DeVry Group”) and its wholly-owned and majority-owned subsidiaries. These financial statements are unaudited but, in the opinion of management, contain all adjustments, consisting of normal recurring adjustments, necessary to present fairly the financial condition and results of operations of DeVry Group. The June 30, 2016 data that is presented is derived from audited financial statements. The interim Consolidated Financial Statements should be read in conjunction with the Consolidated Financial Statements and notes thereto contained in DeVry Group's Annual Report on Form 10-K for the fiscal year ended June 30, 2016 and DeVry Group’s Quarterly Report on Form 10-Q for the quarter ended September 30, 2016, each as filed with the Securities and Exchange Commission (“SEC”). The results of operations for the three and six months ended December 31, 2016, are not necessarily indicative of results to be expected for the entire fiscal year.

ASSETS HELD FOR SALE

ASSETS HELD FOR SALE	6 Months Ended
	Dec. 31, 2016
Assets Held-for-sale, Not Part of Disposal Group [Abstract]
ASSETS HELD FOR SALE	NOTE 2: ASSETS HELD FOR SALE During the second quarter of fiscal year 2017, management committed to a plan to sell the DeVry University and Carrington College (“Carrington”) co-located campus in Pomona, California, which met criteria to be classified as an asset held for sale. This required a write-down of the assets to fair market value less costs to sell. The building is being marketed to prospective buyers and is available for immediate sale which is likely to occur within one year. Based on third party offers, management estimated the assets’ fair market values less costs to sell at approximately $11.3 million, which resulted in the carrying value exceeding the fair market value by $4.8 million. As a result, Land, Building and Equipment Held for Sale, Net of $ 11.3 4.8

REGULATORY SETTLEMENTS

REGULATORY SETTLEMENTS	6 Months Ended
	Dec. 31, 2016
Income Statement [Abstract]
REGULATORY SETTLEMENTS	NOTE 3: REGULATORY SETTLEMENTS In the second quarter of fiscal year 2017, DeVry Group, DeVry University Inc., and DeVry/New York Inc. (collectively, the “DeVry Parties”) and the Federal Trade Commission (“FTC”) agreed to a Stipulation as to Entry of an Order for Permanent Injunction and Monetary Judgment (the “Agreement”) resolving litigation brought by the FTC regarding DeVry University’s use of employment statistics in former advertising. Under the terms of the Agreement, the DeVry Parties agreed to pay $49.4 million to be distributed at the sole discretion of the FTC, to forgive $ 30.4 20.2 In the second quarter of fiscal year 2017, DeVry Group also recorded charges related to the resolution of an inquiry made by the Office of the Attorney General of the State of New York (“NYAG”) to the DeVry Parties regarding DeVry University’s use of employment and salary statistics in former advertising. The DeVry Parties chose to resolve the NYAG inquiry by entering into an Assurance of Discontinuance (the “Assurance”) with the NYAG on January 27, 2017, without admitting or denying the allegations therein. Pursuant to the Assurance, the DeVry Parties agreed to pay $ 2.25 0.5 Student services and access to federal student loans are not impacted by the Agreement or the Assurance and at no time has the academic quality of a DeVry University education been questioned. See “Note 14: Commitments and Contingencies” for further discussion. The regulatory settlements expense of $ 56.3 49.4 4.1 2.75 4.1 52.2 In the second quarter of fiscal year 2017, DeVry University reached a settlement agreement with the U.S. Department of Education (“ED”) regarding its January 27, 2016 Notice of Intent to Limit (“Notice”). The Notice related narrowly to a specific graduate employment statistic previously used by DeVry University, calculated since 1975. The settlement includes, among other things, an agreement to no longer use the statistic in question or to make any other representations regarding the graduate employment outcomes of DeVry University graduates from 1975 to October 1980. DeVry University will also refrain from making any future graduate employment representations without possessing graduate-specific information, and, for five years after the effective date of the settlement, to post a letter of credit with ED equal to 10% of DeVry University’s annual Title IV disbursement. A $ 68.4

SUMMARY OF SIGNIFICANT ACCOUNTI

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	6 Months Ended
	Dec. 31, 2016
Accounting Policies [Abstract]
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	NOTE 4: SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES The Consolidated Financial Statements include the accounts of DeVry Group and its wholly-owned and majority-owned subsidiaries. All intercompany balances and transactions have been eliminated in consolidation. Where our ownership interest is less than 100 percent, the noncontrolling ownership interest is reported on our Consolidated Balance Sheets. The noncontrolling ownership interest earnings portion is classified as “Net Income Attributable to Noncontrolling Interest” in our Consolidated Statements of Income (Loss). Unless indicated, or the context requires otherwise, references to years refer to DeVry Group’s fiscal years. Cash and cash equivalents can include time deposits, high-grade commercial paper, money market funds and bankers acceptances with original maturities of three months or less. Short-term investment objectives are to minimize risk and maintain liquidity. These investments are stated at cost (which approximates fair value) because of their short duration or liquid nature. DeVry Group places its cash and temporary cash investments with high credit quality institutions. Cash and cash equivalent balances in U.S. bank accounts are generally in excess of the Federal Deposit Insurance Corporation (“FDIC”) insurance limit. Cash and cash equivalent balances in Brazilian bank accounts are generally in excess of the deposit insurance limits for Brazilian banks. DeVry Group has not experienced any losses on its cash and cash equivalents. Management periodically evaluates the creditworthiness of the security issuers and financial institutions with which it invests and maintains deposit accounts. A significant portion of revenue is received from students who participate in government financial aid and assistance programs which are subject to political and governmental budgetary considerations. There is no assurance that such funding will be maintained at current levels. Extensive and complex regulations in the U.S. and Brazil govern all of the government financial assistance programs in which students participate. Administration of these programs is periodically reviewed by various regulatory agencies. Any regulatory violation could be the basis for disciplinary action, which could include the suspension, limitation or termination from such financial aid programs. Restricted cash represents amounts received from federal and state governments under various student aid grant and loan programs and such restricted funds are held in separate bank accounts. Once the financial aid authorization and disbursement process for the student has been completed, the funds are transferred to unrestricted accounts, and these funds then become available for use in DeVry Group’s operations. This authorization and disbursement process that precedes the transfer of funds generally occurs within the period of the academic term for which such funds were authorized. As a requirement of continuing operations in Pennsylvania, DeVry Group is required to maintain a “minimum protective endowment” of at least $ 500,000 Tuition Chamberlain College of Nursing (“Chamberlain”), Carrington, DeVry Educacional do Brasil (“DeVry Brasil”) higher education and DeVry University tuition revenue is recognized on a straight-line basis over their respective applicable academic terms. In addition, American University of the Caribbean School of Medicine (“AUC”), Ross University School of Medicine (“RUSM”) and Ross University School of Veterinary Medicine (“RUSVM”) basic science curriculum revenue is recognized on a straight-line basis over the applicable academic term. The clinical portion of the AUC, RUSM and RUSVM education programs are conducted under the supervision of primarily U.S. teaching hospitals and veterinary schools. AUC, RUSM and RUSVM are responsible for the billing and collection of tuition from their students during the period of clinical education. Revenue is recognized on a weekly basis based on actual program attendance during the period of the clinical program. Fees paid to the hospitals and veterinary schools for supervision of AUC, RUSM and RUSVM students are charged to expense on the same basis. Becker Professional Education (“Becker”) and DeVry Brasil’s live classroom test preparation, and DeVry Brasil’s online tuition revenue is recognized on a straight-line basis over the applicable delivery period. Revenue from Becker conferences and training services, which are generally short-term in duration, is recognized when the conference or training service is provided. Other Educational Sales of Becker subscriptions, membership dues, certifications, textbooks, electronic books and other educational products, including Becker self-study sales, are included in Other Educational Revenue in the Consolidated Statements of Income (Loss). Revenue from Becker subscriptions and membership dues is recognized on a straight-line basis over the applicable subscription or membership period. Revenue from Becker certifications is recognized when the certification process is complete. Textbooks, electronic books and other educational products revenue is recognized when the sale occurs. In addition, fees from international licensees of the Becker programs are included in Other Educational Revenue and recognized when confirmation of course delivery is received. Refunds and Provisions Estimates of DeVry Group’s expected refunds are determined at the outset of each academic term, based upon actual experience in previous terms. Inputs to this analysis include refunds issued, withdrawal rates and historical amounts owed by students for that portion of a term that was completed. Management reassesses collectability throughout the period revenue is recognized by the DeVry Group institutions, on a student-by-student basis. This reassessment is based upon new information and changes in facts and circumstances relevant to a student's ability to pay. Management also reassesses collectability when a student withdraws from the institution and has unpaid tuition charges. Such unpaid charges do not meet the threshold of reasonably collectible and are recognized as revenue on a cash basis. The provisions for refunds, which are reported as a reduction to Tuition Revenue in the Consolidated Statements of Income (Loss), are recognized in the same ratable fashion as revenue to most appropriately match these costs with the tuition revenue in that term. Provisions for refunds were $ 12.2 24.6 12.0 23.2 Provisions for refunds are monitored and adjusted as necessary within the academic term and adjusted for actual refunds issued and withdrawn student accounts receivable balances at the completion of an academic term. If a student withdraws prior to completing an academic term, federal and state regulations and accreditation criteria permit DeVry Group to retain only a set percentage of the total tuition received from such student, which varies with, but generally equals or exceeds, the percentage of the academic term completed by such student. Payment amounts received by DeVry Group in excess of such set percentages of tuition are refunded to the student or the appropriate funding source. All refunds are netted against revenue during the applicable academic term. Reserves related to refunds and uncollectible accounts totaled $ 48.4 64.5 63.6 24.2 The allowance for uncollectible accounts is determined by analyzing the current aging of accounts receivable and historical loss rates on collections of accounts receivable. In addition, management considers projections of future receivable levels and collection loss rates. We monitor the inputs to this analysis periodically throughout the year. Provisions required to maintain the allowance at appropriate levels are charged to expense in each period as required. Provisions for uncollectible accounts, which are included in the Cost of Educational Services in the Consolidated Statements of Income (Loss), were $ 10.0 20.2 8.0 17.4 DeVry Group capitalizes certain internal-use software development costs that are amortized using the straight-line method over the estimated lives of the software, not to exceed seven years. Capitalized costs include external direct costs of equipment, materials and services consumed in developing or obtaining internal-use software and payroll-related costs for employees directly associated with the internal-use software development project. Capitalization of such costs ceases at the point at which the project is substantially complete and ready for its intended purpose. Capitalized internal-use software development costs for projects not yet complete are included as Construction in Progress in the Land, Building and Equipment section of the Consolidated Balance Sheets. As of December 31, 2016, June 30, 2016 and December 31, 2015, the net balance of capitalized internal-use software development costs was $ 15.0 18.3 25.2 DeVry Group evaluates the carrying amount of its significant long-lived assets whenever changes in circumstances or events indicate that the value of such assets may not be fully recoverable. Events that may trigger an impairment analysis could include a decision by management to exit a market or a line of business or to consolidate operating locations. In the first six months of fiscal year 2017 and in fiscal year 2016, management consolidated operations at DeVry University, Carrington and DeVry Group’s home office. These decisions resulted in pre-tax accelerated depreciation and write-offs on leasehold improvements and equipment of $ 2.8 4.1 4.8 12.2 DeVry University is required under U.S. federal aid program regulations to make contributions to the Federal Perkins Student Loan Fund, most recently at a rate equal to 33 2.6 The financial position and results of operations of the AUC, RUSM and RUSVM Caribbean operations are measured using the U.S. dollar as the functional currency. As such, there is no translation gain or loss associated with these operations. DeVry Brasil’s operations and Becker’s international operations are measured using the local currency as the functional currency. Assets and liabilities of these entities are translated to U.S. dollars using exchange rates in effect at the balance sheet dates. Income and expense items are translated at monthly average exchange rates. The resultant translation adjustments are included in the component of Shareholders’ Equity designated as Accumulated Other Comprehensive Loss. Transaction gains or losses during each of the three-month and six-month periods ended December 31, 2016 and 2015 were not material. DeVry Group currently maintains a 97.9 2.1 In July 2015, DeVry Group purchased additional DeVry Brasil stock from the DeVry Brasil management group. Beginning July 1, 2015, DeVry Group has the right to exercise a call option and purchase any remaining DeVry Brasil stock from DeVry Brasil management. Likewise, DeVry Brasil management has had the right to exercise a put option and sell its remaining ownership interest in DeVry Brasil to DeVry Group. Since the put option is out of the control of DeVry Group, authoritative guidance requires the noncontrolling interest, which includes the value of the put option, to be displayed outside of the equity section of the Consolidated Balance Sheets. The DeVry Brasil management put option is being accreted to its redemption value in accordance with the terms of the related stock purchase agreement. The adjustment to increase or decrease the put option to its expected redemption value each reporting period is recorded in retained earnings in accordance with U.S. Generally Accepted Accounting Principles (“GAAP”). The following is a reconciliation of the noncontrolling interest balance (in thousands): Three Months Ended Six Months Ended 2016 2015 2016 2015 Balance at Beginning of Period $ 5,043 $ 3,652 $ 5,112 $ 9,620 Net Income Attributable to Noncontrolling Interest 342 117 339 37 Payment for Purchase of Noncontrolling Interest of Subsidiary - - - (3,114) Increase (Decrease) in Redemption Value of Noncontrolling Interest Put Option 1,335 (956) 1,269 (3,730) Balance at End of Period $ 6,720 $ 2,813 $ 6,720 $ 2,813 Basic earnings per share is computed by dividing net income or loss attributable to DeVry Group by the weighted average number of common shares outstanding during the period plus unvested participating restricted stock units (“RSUs”). Diluted earnings per share is computed by dividing net income attributable to DeVry Group by the weighted average number of shares assuming dilution. As required by GAAP, because each of the three and six months ended December 31, 2015 resulted in a net loss, diluted earnings per share was computed by dividing the net loss attributable to DeVry Group by the weighted average number of basic shares. Diluted shares are computed using the Treasury Stock Method and reflect the additional shares that would be outstanding if dilutive stock-based grants were exercised during the period. Excluded from the computations of diluted earnings per share were options to purchase 2,643,000 2,808,000 2,861,000 2,836,000 Three Months Ended Six Months Ended 2016 2015 2016 2015 Weighted Average Shares Outstanding 62,685 63,433 62,639 63,509 Unvested Participating RSUs 884 819 855 763 Basic Shares 63,569 64,252 63,494 64,272 Effect of Dilutive Stock Options 459 402 377 345 Diluted Shares 64,028 64,654 63,871 64,617 DeVry Group’s Board of Directors (the “Board”) has authorized share repurchase programs on nine occasions (see “Note 8: Dividends and Share Repurchase Programs”). The ninth share repurchase program was approved on December 15, 2015 and commenced in January 2016. Shares that are repurchased by DeVry Group are recorded as Treasury Stock at cost and result in a reduction of Shareholders’ Equity. From time to time, shares of its common stock are delivered back to DeVry Group under a swap arrangement resulting from employees’ exercise of incentive stock options pursuant to the terms of the DeVry Group Stock Incentive Plans (see “Note 5: Stock-Based Compensation”). These shares are recorded as Treasury Stock at cost and result in a reduction of Shareholders’ Equity. Treasury shares are reissued on a monthly basis, at market value, to the DeVry Group Colleague Stock Purchase Plan in exchange for employee payroll deductions. When treasury shares are reissued, DeVry Group uses an average cost method to reduce the Treasury Stock balance. Gains on the difference between the average cost and the reissuance price are credited to Additional Paid-in Capital. Losses on the difference are charged to Additional Paid-in Capital to the extent that previous net gains from reissuance are included therein, otherwise such losses are charged to Retained Earnings. The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the amounts of revenue and expense reported during the period. Actual results could differ from those estimates. Accumulated Other Comprehensive Loss is composed of the change in cumulative translation adjustment, primarily at DeVry Brasil, and unrealized gains on available-for-sale marketable securities, net of the effects of income taxes. The Accumulated Other Comprehensive Loss balance at December 31, 2016, consists of $ 51.1 50.0 1.1 0.2 0.1 42.6 41.7 0.9 0.1 0.1 133.2 130.4 2.8 0.2 0.2 Advertising costs are recognized as expense in the period in which materials are purchased or services are performed. Advertising expense, which is included in Student Services and Administrative Expense in the Consolidated Statements of Income (Loss), was $ 46.5 104.0 56.3 115.6 DeVry Group’s financial statements include charges related to severance and related benefits for reductions in staff. These charges also include early lease termination or cease-of-use costs and accelerated depreciation and gains and losses on disposals of property and equipment related to campus consolidations (see “Note 11: Restructuring Charges”). In November 2016, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update (“ASU”) No. 2016-18: “Statement of Cash Flows (Topic 230): Restricted Cash.” This guidance was issued to address the diversity that exists in the classification and presentation of changes in restricted cash on the statement of cash flows. The amendments will require that the statement of cash flows explain the change during the period in total cash, cash equivalents and restricted cash. The amendments are effective for the financial statements issued for fiscal years after December 15, 2017, and interim periods within those fiscal years. The amendments will be applied using a retrospective transition method to each period presented. Management anticipates the adoption will not have a significant impact on DeVry Group’s Consolidated Financial Statements. We expect to early adopt ASU 2016-18 during the fourth quarter of fiscal year 2017. In August 2016, FASB issued ASU No. 2016-15: “Statement of Cash Flows (Topic 230): Classification of Certain Cash Receipts and Cash Payments.” This guidance was issued to address eight specific cash flow issues with the objective of reducing the existing diversity in practice. The amendments are effective for the financial statements issued for fiscal years beginning after December 15, 2017, and interim periods within those fiscal years. Management has determined that our current accounting policies align with this guidance. Therefore, this guidance will have no impact on the Consolidated Financial Statements. In June 2016, FASB issued ASU No. 2016-13: “Financial Instruments-Credit Losses (Topic 326): Measurement of Credit Losses on Financial Instruments.” This guidance was issued to provide financial statement users with more decision-useful information about the expected losses on financial instruments by replacing the incurred loss impairment methodology with a methodology that reflects expected credit losses by requiring a broader range of reasonable and supportable information to inform credit loss estimates. The amendments are effective for financial statements issued for fiscal years beginning after December 15, 2019, and interim periods within those fiscal years. Management is evaluating the impact the guidance will have on DeVry Group’s Consolidated Financial Statements when adopted. In March 2016, FASB issued ASU No. 2016-09: “Compensation–Stock Compensation (Topic 718): Improvements to Employee Share-Based Payment Accounting.” This guidance was issued to simplify the accounting for share-based payment transactions, including the income tax consequences, classification of awards as either equity or liabilities and classification on the statement of cash flows. The amendments are effective for financial statements issued for fiscal years beginning after December 15, 2016, and interim periods within those fiscal years. We will adopt ASU No. 2016-09 in the first quarter of fiscal year 2018. Excess tax benefits and tax deficiencies will no longer be recorded to additional paid-in capital, but rather to income tax expense or benefit in the income statement, which may increase volatility in the income statement. Also, adoption will require changes to classification of certain stock-based compensation transactions on the statement of cash flows. These changes are not expected to have a significant impact on DeVry Group’s Consolidated Financial Statements. In February 2016, FASB issued ASU No. 2016-02: “Leases (Topic 842).” This guidance was issued to increase transparency and comparability among organizations by recognizing right-to-use assets and lease liabilities on the balance sheet and disclosing key information about leasing arrangements. The amendments are effective for financial statements issued for fiscal years beginning after December 15, 2018, and interim periods within those fiscal years. Management is evaluating the impact the guidance will have on DeVry Group’s Consolidated Financial Statements and believes the adoption will impact the Consolidated Balance Sheet with significant increases in assets and liabilities. In January 2016, FASB issued ASU No. 2016-01: “Financial Instruments–Overall (Subtopic 825-10): Recognition and Measurement of Financial Assets and Financial Liabilities.” This guidance was issued to enhance the reporting model for financial instruments to provide users of financial statements with more decision-useful information. The guidance eliminates the classification of equity securities into different categories (that is, trading or available-for-sale) and requires equity securities to be measured at fair value with changes in the fair value recognized through net income. The amendments are effective for financial statements issued for fiscal years beginning after December 15, 2017, and interim periods within those fiscal years. This guidance will require DeVry Group to record the changes in the fair value of its available-for-sale equity investments through net income. Management anticipates the adoption will not have a significant impact on DeVry Group’s Consolidated Financial Statements. In September 2015, FASB issued ASU No. 2015-16: “Business Combinations (Topic 805): Simplifying Accounting for Measurement-Period Adjustments.” This guidance was issued to simplify the accounting for provisional amounts for items in a business combination for which the accounting is incomplete by the end of the reporting period in which the combination occurs and where the provisional amounts have been adjusted during the measurement period. The amendments in this guidance require an entity to present separately on the face of the income statement or disclose in the notes the portion of the amount recorded in current-period earnings by line item that would have been recorded in previous reporting periods if the adjustment to the provisional amounts had been recognized as of the acquisition date. This guidance requires DeVry Group to record and disclose measurement-period adjustments for business combinations as a period adjustment as opposed to a retroactive adjustment to the opening balance sheet of the acquired entity. The guidance is effective for DeVry Group’s current fiscal year and has had no impact on current year financial reporting. In May 2014, FASB issued ASU No. 2014-09: “Revenue from Contracts with Customers (Topic 606).” This guidance was issued to clarify the principles for recognizing revenue and develop a common revenue standard for GAAP and International Financial Reporting Standards (“IFRS”). The guidance is effective for the fiscal years and interim periods within those years beginning after December 15, 2017. DeVry Group will implement this guidance effective July 1, 2018 using the retrospective approach. Management is evaluating the impact the guidance will have on DeVry Group’s Consolidated Financial Statements when adopted. In the fourth quarter of fiscal year 2016, we retrospectively adopted ASU No. 2015-17: “Income Taxes (Topic 740): Balance Sheet Classification of Deferred Taxes.” This guidance was issued to simplify the accounting for classification of deferred taxes on the balance sheet. The guidance eliminates the previous requirement for organizations to present deferred tax assets and liabilities as current and noncurrent in a classified balance sheet. Instead, organizations will now be required to classify all deferred tax assets and liabilities as noncurrent. As a result, we decreased current deferred income tax assets by $ 41.3 24.9 16.4

STOCK-BASED COMPENSATION

STOCK-BASED COMPENSATION	6 Months Ended
	Dec. 31, 2016
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
STOCK-BASED COMPENSATION	NOTE 5: STOCK-BASED COMPENSATION DeVry Group maintains four stock-based incentive plans: the 1999 Stock Incentive Plan, the 2003 Stock Incentive Plan, the Amended and Restated Incentive Plan of 2005 and the Second Amended and Restated Incentive Plan of 2013. Under these plans, directors, key executives and managerial employees are eligible to receive incentive stock or nonqualified options to purchase shares of DeVry Group’s common stock. The Second Amended and Restated Incentive Plan of 2013 and the Amended and Restated Incentive Plan of 2005 also permit the granting of stock appreciation rights, RSUs, performance-based RSUs and other stock and cash-based compensation. Although options remain outstanding under the 1999, 2003 and 2005 incentive plans, no further stock-based grants will be issued from these plans. The Second Amended and Restated Incentive Plan of 2013 and the Amended and Restated Incentive Plan of 2005 are administered by the Compensation Committee of the Board. Options are granted for terms of up to ten years and can vest immediately or over periods of up to five years. The requisite service period is equal to the vesting period. The option price under the plans is the fair market value of the shares on the date of the grant. Stock-based compensation expense is measured at the grant date based on the fair value of the award. DeVry Group accounts for stock-based compensation granted to retirement eligible employees that fully vests upon an employee’s retirement under the non-substantive vesting period approach. Under this approach, the entire stock-based compensation expense is recognized at the grant date for stock-based grants issued to retirement eligible employees. For non-retirement eligible employees, stock-based compensation expense is recognized as expense over the employee requisite service period, reduced by an estimated forfeiture rate. At December 31, 2016, 6,814,851 Weighted Weighted Average Aggregate Average Remaining Intrinsic Number of Exercise Contractual Value Options Price Life (in Years) (in thousands) Outstanding at July 1, 2016 3,574,336 $ 32.79 Options Granted 397,700 23.78 Options Exercised (649,678) 21.61 Options Forfeited (7,720) 31.01 Options Expired (23,081) 31.01 Outstanding at December 31, 2016 3,291,557 33.93 5.66 $ 12,461 Exercisable at December 31, 2016 2,293,387 $ 38.07 4.16 $ 4,715 Weighted Number of Weighted Average Aggregate Stock Average Remaining Intrinsic Appreciation Exercise Contractual Value Rights Price Life (in Years) (in thousands) Outstanding at July 1, 2016 118,065 $ 42.74 Rights Granted - - Rights Exercised - - Rights Canceled - - Outstanding at December 31, 2016 118,065 42.74 0.92 $ 15 Exercisable at December 31, 2016 118,065 $ 42.74 0.92 $ 15 The total intrinsic value of options exercised for the six months ended December 31, 2016 and 2015 was $ 3.6 0.1 The fair value of DeVry Group’s stock option awards was estimated using a binomial model. This model uses historical cancelation and exercise experience of DeVry Group to determine the option value. It also takes into account the illiquid nature of employee options during the vesting period. The weighted average estimated grant date fair value of options granted at market price under DeVry Group’s stock-based incentive plans during the first six months of fiscal years 2017 and 2016 was $ 9.09 10.17 Fiscal Year 2017 2016 Expected Life (in Years) 6.88 6.78 Expected Volatility 42.41 % 41.35 % Risk-free Interest Rate 1.41 % 1.85 % Dividend Yield 1.19 % 1.01 % Pre-vesting Forfeiture Rate 10.00 % 3.00 % The expected life of the options granted is based on the weighted average exercise life with age and salary adjustment factors from historical exercise behavior. DeVry Group’s expected volatility is computed by combining and weighting the implied market volatility, the most recent volatility over the expected life of the option grant and DeVry Group’s long-term historical volatility. The pre-vesting stock option forfeiture rate is based on DeVry Group’s historical stock option forfeiture experience. The main driver for the increased pre-vesting forfeiture rate is the change in the business environment at DeVry Group and its institutions, which has resulted in increased turnover in executive management. If factors change and different assumptions are employed in the valuation of stock-based grants in future periods, the stock-based compensation expense that DeVry Group records may differ significantly from what was recorded in previous periods. During the first six months of fiscal year 2017, DeVry Group granted 644,340 221,710 422,630 Weighted Average Number of Grant Date RSUs Fair Value Nonvested at July 1, 2016 1,139,350 $ 27.78 RSUs Granted 644,340 23.84 RSUs Vested (361,964) 27.18 RSUs Forfeited (43,671) 28.14 Nonvested at December 31, 2016 1,378,055 $ 26.09 The weighted average estimated grant date fair value for RSUs granted at market price under DeVry Group’s stock-based incentive plans during the first six months of fiscal years 2017 and 2016 was $ 23.84 26.04 For the Three Months Ended For the Six Months Ended 2016 2015 2016 2015 Cost of Educational Services $ 1,147 $ 1,272 $ 2,987 $ 3,268 Student Services and Administrative Expense 2,436 2,702 6,346 6,944 Stock-Based Compensation Expense 3,583 3,974 9,333 10,212 Income Tax Benefit (1,251) (1,514) (3,283) (3,718) Net Stock-Based Compensation Expense $ 2,332 $ 2,460 $ 6,050 $ 6,494 As of December 31, 2016, $ 25.8 2.5 12.8 13.9 There was no capitalized stock-based compensation expense at each of December 31, 2016, June 30, 2016 and December 31, 2015. DeVry Group has an established practice of issuing new shares of common stock to satisfy stock-based grant exercises. However, DeVry Group also may issue treasury shares to satisfy stock-based grant exercises under certain of its stock-based incentive plans.

FAIR VALUE MEASUREMENTS

FAIR VALUE MEASUREMENTS	6 Months Ended
	Dec. 31, 2016
Fair Value Disclosures [Abstract]
FAIR VALUE MEASUREMENTS	NOTE 6: FAIR VALUE MEASUREMENTS DeVry Group has elected not to measure any assets or liabilities at fair value other than those required to be measured at fair value on a recurring basis. Assets measured at fair value on a nonrecurring basis include goodwill, intangible assets and assets of businesses where the long-term value of the operations have been impaired. Fair value is defined as the exchange price that would be received for an asset or paid to transfer a liability (an exit price) in the principal or most advantageous market for the asset or liability in an orderly transaction between market participants. The guidance specifies a fair value hierarchy based upon the observability of inputs used in valuation techniques. Observable inputs (highest level) reflect market data obtained from independent sources, while unobservable inputs (lowest level) reflect internally developed market assumptions. The guidance establishes fair value measurement classifications under the following hierarchy: Level 1 – Level 2 – Quoted prices for similar instruments in active markets; quoted prices for identical or similar instruments in markets that are not active; and model-derived valuations in which all significant inputs or significant value-drivers are observable in active markets. Level 3 – Model-derived valuations in which one or more significant inputs or significant value-drivers are unobservable. When available, DeVry Group uses quoted market prices to determine fair value, and such measurements are classified within Level 1. In some cases where market prices are not available, DeVry Group makes use of observable market-based inputs to calculate fair value, in which case the measurements are classified within Level 2. If quoted or observable market prices are not available, fair value is based upon internally developed models that use, where possible, current market-based parameters such as interest rates and yield curves. These measurements are classified within Level 3. Fair value measurements are classified according to the lowest level input or value-driver that is significant to the valuation. A measurement may therefore be classified within Level 3 even though there may be significant inputs that are readily observable. Assets measured at fair value on a nonrecurring basis include goodwill and indefinite-lived intangibles arising from a business combination. These assets are not amortized and charged to expense over time. Instead, goodwill and indefinite-lived intangibles must be reviewed annually for impairment or more frequently if circumstances arise indicating potential impairment. This impairment review was most recently completed as of May 31, 2016. See “Note 10: Intangible Assets” for further discussion on the impairment review including valuation techniques and assumptions. During the second quarter of fiscal year 2017, management committed to a plan to sell the DeVry University and Carrington co-located campus in Pomona, California, which met criteria to be classified as an asset held for sale. This required a write-down of the assets to fair market value less costs to sell. The building is being marketed to prospective buyers and is available for immediate sale which is likely to occur within one year. We used significant unobservable inputs (Level 3) in our analysis, including third party offers received to acquire the building. Based on third party offers, management estimated the assets’ fair market values less costs to sell at approximately $11.3 million, which resulted in the carrying value exceeding the fair market value by $4.8 million. As a result, Land, Building and Equipment Held for Sale, Net of $ 11.3 4.8 The following table presents DeVry Group's assets and liabilities at December 31, 2016, that are measured at fair value on a recurring basis and are categorized using the fair value hierarchy (in thousands). Level 1 Level 2 Level 3 Cash and Cash Equivalents $ 199,945 $ - $ - Available-for-Sale Investments: Marketable Securities, short-term 3,844 - - Institutional Loans Receivable, Net - 45,982 - Deferred Acquisition Obligations - 29,499 - FIES Long-Term Receivable - 13,151 - Total Financial Assets at Fair Value $ 203,789 $ 88,632 $ - The following table presents DeVry Group's assets and liabilities at June 30, 2016, that are measured at fair value on a recurring basis and are categorized using the fair value hierarchy (in thousands). Level 1 Level 2 Level 3 Cash and Cash Equivalents $ 308,164 $ - $ - Available-for-Sale Investments: Marketable Securities, short-term 3,609 - - Institutional Loans Receivable, Net - 49,025 - Deferred Acquisition Obligations - 32,121 - FIES Long-Term Receivable - 13,057 - Total Financial Assets at Fair Value $ 311,773 $ 94,203 $ - The following table presents DeVry Group's assets and liabilities at December 31, 2015, that are measured at fair value on a recurring basis and are categorized using the fair value hierarchy (in thousands). Level 1 Level 2 Level 3 Cash and Cash Equivalents $ 178,193 $ - $ - Available-for-Sale Investments: Marketable Securities, short-term 3,493 - - Institutional Loans Receivable, Net - 49,547 - Deferred Acquisition Obligations - 31,656 - Total Financial Assets at Fair Value $ 181,686 $ 81,203 $ - Cash and Cash Equivalents and Investments in short-term Marketable Securities are valued using a market approach based on quoted market prices of identical instruments. The fair value of the institutional loans receivable included in Accounts Receivable, Net and Other Assets on the Consolidated Balance Sheets as of December 31, 2016, June 30, 2016 and December 31, 2015 is estimated by discounting the future cash flows using current rates for similar arrangements. See “Note 7: Financing Receivables” for further discussion on these institutional loans receivable. The fair value of the deferred acquisition obligations is estimated by discounting the future cash flows using current rates for similar arrangements. $ 15.1 7.7 10.9 14.4 24.4 20.7 The fair value of DeVry Brasil’s receivable under Brazil’s FIES public loan program included in Other Assets on the Consolidated Balance Sheets as of December 31, 2016 and June 30, 2016 is estimated by discounting the future cash flows using published market data on Brazilian interest and inflation rates. As of June 30, 2016 and December 31, 2015, there were no assets or liabilities measured at fair value using Level 3 inputs.

FINANCING RECEIVABLES

FINANCING RECEIVABLES	6 Months Ended
	Dec. 31, 2016
Receivables [Abstract]
FINANCING RECEIVABLES	NOTE 7: FINANCING RECEIVABLES DeVry Group’s institutional loan programs are available to students at its AUC, RUSM, RUSVM, Chamberlain, Carrington and DeVry University institutions. These loan programs are designed to assist students who are unable to completely cover educational costs consisting of tuition, books and fees and are available only after all other student financial assistance has been applied toward those purposes. In addition, AUC, RUSM and RUSVM loans may be used for students’ living expenses. Repayment plans for institutional loan program balances are developed to address the financial circumstances of the particular student. Interest charges accrue each month on the unpaid balance. Chamberlain, Carrington and DeVry University require that students begin repaying loans while they are still in school with a minimum payment level designed to demonstrate their capability to repay and reduce the possibility of over borrowing and targeted to minimize interest being accrued on the loan balance. Payments may increase upon completing or departing the program. After a student leaves school, the student typically will have a monthly installment repayment plan. In addition, the Becker CPA Review Course can be financed through Becker with an 18 Reserves for uncollectible loans are determined by analyzing the current aging of accounts receivable and historical loss rates of loans at each institution. Management performs this analysis periodically throughout the year. Since all of DeVry Group’s financing receivables are generated through the extension of credit to fund educational costs, all such receivables are considered part of the same loan portfolio. December 31, 2016 June 30, 2016 December 31, 2015 Gross Institutional Loans $ 55,782 $ 69,825 $ 71,712 Allowance for Credit Losses: Balance at July 1 $ (20,800) $ (20,630) $ (20,630) Charge-offs and Adjustments 16,281 7,388 4,856 Recoveries (438) (461) (434) Additional Provision (4,843) (7,097) (5,957) Balance at End of Period (9,800) (20,800) (22,165) Net Institutional Loans $ 45,982 $ 49,025 $ 49,547 During the second quarter of fiscal year 2017, certain institutional loan balances were forgiven as part of the FTC settlement as discussed in “Note 3: Regulatory Settlements” and “Note 14: Commitments and Contingencies.” The amounts related to this settlement were $ 17.5 13.4 12.9 Of the net balances above, $ 18.8 21.7 23.6 27.2 27.3 25.9 December 31, June 30, December 31, 2016 2016 2015 Institutional Loans: Performing $ 48,010 $ 50,045 $ 52,669 Nonperforming 7,772 19,780 19,043 Total Institutional Loans $ 55,782 $ 69,825 $ 71,712 30-59 60-89 90-119 Greater Total Past Current Total Institutional Loans: December 31, 2016 $ 5,863 $ 2,998 $ 1,917 $ 7,772 $ 18,550 $ 37,232 $ 55,782 June 30, 2016 $ 8,038 $ 1,512 $ 924 $ 19,780 $ 30,254 $ 39,571 $ 69,825 December 31, 2015 $ 6,303 $ 2,004 $ 1,623 $ 19,043 $ 28,973 $ 42,739 $ 71,712 Loans are considered nonperforming if they are more than 120 7.8 7.7 19.8 19.7 19.0 17.2

DIVIDENDS AND SHARE REPURCHASE

DIVIDENDS AND SHARE REPURCHASE PROGRAMS	6 Months Ended
	Dec. 31, 2016
Dividends And Share Repurchase Program [Abstract]
DIVIDENDS AND SHARE REPURCHASE PROGRAMS	NOTE 8: DIVIDENDS AND SHARE REPURCHASE PROGRAMS DeVry Group paid dividends of $ 11.4 11.6 11.6 Date Shares Total Cost Authorized Repurchased (in millions) November 15, 2006 908,399 $ 35.0 May 13, 2008 1,027,417 50.0 November 11, 2009 972,205 50.0 August 11, 2010 1,103,628 50.0 November 10, 2010 968,105 50.0 May 20, 2011 2,396,143 100.0 November 2, 2011 3,478,299 100.0 August 29, 2012 2,005,317 62.7 December 15, 2015 1,546,116 32.5 Totals 14,405,629 $ 530.2 On December 15, 2015, the Board authorized DeVry Group’s ninth share repurchase program, which allows DeVry Group to repurchase up to $ 100 676,814 16.4 Shares of stock repurchased under the programs are held as treasury shares. These repurchased shares have reduced the weighted average number of shares of common stock outstanding for basic and diluted earnings per share calculations.

BUSINESS COMBINATIONS

BUSINESS COMBINATIONS	6 Months Ended
	Dec. 31, 2016
Business Combinations [Abstract]
BUSINESS COMBINATIONS	NOTE 9: BUSINESS COMBINATIONS Association of Certified Anti-Money Laundering Specialists On July 1, 2016, Becker completed the acquisition of 100 330.6 23.5 175 The operations of ACAMS are included in DeVry Group’s International and Professional Education segment. The results of ACAMS’s operations have been included in the Consolidated Financial Statements of DeVry Group since the date of acquisition. July 1, 2016 Current Assets $ 24,895 Property and Equipment 432 Other Long-term Assets 3,200 Intangible Assets 88,600 Goodwill 274,620 Total Assets Acquired 391,747 Liabilities Assumed 37,619 Net Assets Acquired $ 354,128 Goodwill, which represents the excess of the purchase price over the fair value of the net tangible and intangible assets acquired, was all assigned to the Becker reporting unit which is classified within the International and Professional Education segment. The amounts in the table above changed from that reported in our Quarterly Report on Form 10-Q for the quarter ended September 30, 2016 after an adjustment to purchase accounting. Factors that contributed to a purchase price resulting in the recognition of goodwill include ACAMS’s strategic fit into Becker’s expanding presence in professional education, the reputation of the ACAMS brand as a leader in the industry and potential future growth opportunity. None of the goodwill acquired is expected to be deductible for income tax purposes. Of the $ 88.6 39.9 nine July 1, 2016 Value Estimated Customer Relationships $ 42,500 10 years Curriculum 5,000 3 years Non-compete Agreements 700 1 year Proprietary Technology 500 4 years There is no pro forma presentation of operating results for this acquisition due to the insignificant effect on consolidated operations. Faculdade de Imperatriz On June 1, 2016, DeVry Brasil completed the acquisition of Faculdade de Imperatriz (“Facimp”). Under the terms of the agreement, DeVry Brasil agreed to pay approximately $ 6.8 100 3.5 3.3 2,000 The operations of Facimp are included in DeVry Group’s International and Professional Education segment. The results of Facimp’s operations have been included in the Consolidated Financial Statements of DeVry Group since the date of acquisition. June 1, 2016 Current Assets $ 1,626 Property and Equipment 291 Intangible Assets 2,652 Goodwill 4,997 Total Assets Acquired 9,566 Liabilities Assumed 2,756 Net Assets Acquired $ 6,810 Goodwill, which represents the excess of the purchase price over the fair value of the net tangible and intangible assets acquired, was all assigned to the DeVry Brasil reporting unit which is classified within the International and Professional Education segment. The amounts in the table above changed from that reported in our Quarterly Report on Form 10-Q for the quarter ended September 30, 2016 after an adjustment to purchase accounting. Factors that contributed to a purchase price resulting in the recognition of goodwill include Facimp’s strategic fit into DeVry Group’s expanding presence in northeast Brazil, the reputation of the educational programs and the acquired assembled workforce. None of the goodwill acquired is expected to be deductible for income tax purposes. Of the $2.7 million of acquired intangible assets, $ 2.1 0.5 There is no pro forma presentation of operating results for this acquisition due to the insignificant effect on consolidated operations. Grupo Ibmec Educacional S.A. On December 15, 2015, DeVry Brasil completed the acquisition of Grupo Ibmec Educacional S.A. (“Grupo Ibmec”). Under the terms of the agreement, DeVry Brasil agreed to pay approximately $ 191.0 100 180.5 10.5 15,000 The operations of Grupo Ibmec are included in DeVry Group’s International and Professional Education segment. The results of Grupo Ibmec’s operations have been included in the Consolidated Financial Statements of DeVry Group since the date of acquisition. December 15, Current Assets $ 27,615 Property and Equipment 17,968 Other Long-term Assets 2,639 Intangible Assets 59,275 Goodwill 107,888 Total Assets Acquired 215,385 Liabilities Assumed 24,423 Net Assets Acquired $ 190,962 Goodwill, which represents the excess of the purchase price over the fair value of the net tangible and intangible assets acquired, was all assigned to the DeVry Brasil reporting unit which is classified within the International and Professional Education segment. The intangible assets and goodwill balances changed from that reported in our Quarterly Report on Form 10-Q for the quarter ended September 30, 2016 after an adjustment to purchase accounting. Factors that contributed to a purchase price resulting in the recognition of goodwill include Grupo Ibmec’s strategic fit into DeVry Group’s expanding presence in Brazil, the reputation of the educational programs and the acquired assembled workforce. None of the goodwill acquired is expected to be deductible for income tax purposes. Of the $ 59.3 34.7 18.4 five December 15, 2015 Value Estimated Student Relationships $ 4,360 5 years Curriculum 1,821 5 years There is no pro forma presentation of operating results for this acquisition due to the insignificant effect on consolidated operations.

INTANGIBLE ASSETS

INTANGIBLE ASSETS	6 Months Ended
	Dec. 31, 2016
Goodwill and Intangible Assets Disclosure [Abstract]
INTANGIBLE ASSETS	NOTE 10: INTANGIBLE ASSETS Intangible assets relate mainly to acquired business operations. These assets consist of the acquisition fair value of certain identifiable intangible assets acquired and goodwill. Goodwill represents the excess of the purchase price over the fair value of the net tangible and intangible assets acquired. December 31, 2016 Gross Accumulated Weighted Average Amortizable Intangible Assets: Student Relationships $ 12,657 $ (8,324) 5 Years Customer Relationships 42,900 (2,547) 10 Years Non-compete Agreements 1,640 (1,226) 3 Years Curriculum/Software 8,143 (2,206) 4 Years Franchise Contracts 10,783 (1,148) 18 Years Clinical Agreements 399 (93) 15 Years Trade Names 1,163 (901) 10 Years Proprietary Technology 500 (63) 4 Years Total $ 78,185 $ (16,508) Indefinite-lived Intangible Assets: Trade Names $ 110,048 Trademarks 1,645 Ross Title IV Eligibility and Accreditations 14,100 Intellectual Property 13,940 Chamberlain Title IV Eligibility and Accreditations 1,200 Carrington Title IV Eligibility and Accreditations 20,200 AUC Title IV Eligibility and Accreditations 100,000 DeVry Brasil Accreditation 98,718 Total $ 359,851 June 30, 2016 Gross Accumulated Amortizable Intangible Assets: Student Relationships $ 14,530 $ (7,150) Customer Relationships 400 (170) Non-compete Agreements 940 (799) Curriculum/Software 4,038 (1,914) Franchise Contracts 10,968 (863) Clinical Agreements 406 (81) Trade Names 1,183 (858) Total $ 32,465 $ (11,835) Indefinite-lived Intangible Assets: Trade Names $ 70,731 Trademarks 1,645 Ross Title IV Eligibility and Accreditations 14,100 Intellectual Property 13,940 Chamberlain Title IV Eligibility and Accreditations 1,200 Carrington Title IV Eligibility and Accreditations 20,200 AUC Title IV Eligibility and Accreditations 100,000 DeVry Brasil Accreditation 100,410 Total $ 322,226 December 31, 2015 Gross Accumulated Amortizable Intangible Assets: Student Relationships $ 11,739 $ (4,128) Customer Relationships 400 (150) Test Prep Relationships 808 (741) Non-compete Agreements 940 (705) Curriculum/Software 3,692 (1,587) Outplacement Relationships 3,900 (1,894) Franchise Contracts 8,861 (451) Clinical Agreements 328 (55) Trade Names 957 (645) Total $ 31,625 $ (10,356) Indefinite-lived Intangible Assets: Trade Names $ 63,667 Trademarks 1,645 Ross Title IV Eligibility and Accreditations 14,100 Intellectual Property 13,940 Chamberlain Title IV Eligibility and Accreditations 1,200 Carrington Title IV Eligibility and Accreditations 60,700 AUC Title IV Eligibility and Accreditations 100,000 DeVry Brasil Accreditation 81,380 Total $ 336,632 Amortization expense for amortized intangible assets was $ 2.4 5.7 1.4 2.6 Fiscal Year DeVry Brasil Becker Total 2017 $ 3,635 $ 7,482 $ 11,117 2018 2,912 6,501 9,413 2019 2,093 6,422 8,515 2020 1,474 4,671 6,145 2021 923 4,440 5,363 Thereafter 7,125 19,686 26,811 All amortizable intangible assets except student relationships and customer relationships are being amortized on a straight-line basis. The amount being amortized for student relationships is based on the estimated progression of the students through the respective Faculdade Boa Viagem (“FBV”), Centro Universitário Vale do Ipojuca (“Unifavip”), Damásio Educacional (“Damasio”) and Grupo Ibmec programs, giving consideration to the revenue and cash flow associated with both existing students and new applicants. The amount being amortized for customer relationships related to ACAMS is based on the estimated retention of the customers, giving consideration to the revenue and cash flow associated with these existing customers. Indefinite-lived intangible assets related to trademarks, trade names, Title IV eligibility, accreditations and intellectual property are not amortized, as there are no legal, regulatory, contractual, economic or other factors that limit the useful life of these intangible assets to the reporting entity. In accordance with GAAP, goodwill and indefinite-lived intangibles arising from a business combination are not amortized and charged to expense over time. Instead, these assets must be reviewed annually for impairment or more frequently if circumstances arise indicating potential impairment. DeVry Group’s annual impairment review was most recently completed during the fourth quarter of fiscal year 2016, at which time there were impairment losses recorded related to Carrington goodwill and the Carrington Accreditation and Title IV Eligibility indefinite-lived intangible asset totaling $ 48.2 DeVry Group had six reporting units which contained goodwill as of the second quarter of fiscal year 2017. These reporting units constitute components for which discrete financial information is available and regularly reviewed by segment management and the Board. If the carrying amount of a reporting unit containing the goodwill exceeds the fair value of that reporting unit, an impairment loss is recognized to the extent the “implied fair value” of the reporting unit goodwill is less than the carrying amount of the goodwill. In analyzing the results of operations and business conditions of all six reporting units as of December 31, 2016, it was determined that no triggering event had occurred during the first six months of fiscal year 2017 that would indicate the carrying value of a reporting unit had exceeded its fair value. For indefinite-lived intangible assets, management first analyzes qualitative factors including results of operations and business conditions of the seven reporting units that contained indefinite-lived intangible assets, significant changes in cash flows at the individual indefinite-lived intangible asset level, if applicable, as well as how much previously calculated fair values exceed carrying values to determine if it is more likely than not that the intangible assets associated with these reporting units have been impaired. Based on its analysis, management has determined that, as of December 31, 2016, no triggering event had occurred during the first six months of fiscal year 2017 that would indicate the carrying value of an indefinite-lived intangible asset had exceeded its fair value. These interim triggering event conclusions were based on the fact that the qualitative analysis of DeVry Group’s reporting units and indefinite-lived intangible assets resulted in no impairment indicators as of the end of fiscal year 2016, except at the Carrington and DeVry University reporting units, and that no interim events or deviations from planned operating results occurred as of December 31, 2016, that would cause management to reassess these conclusions. In regards to Carrington, the first six months of fiscal year 2017 revenue was in-line with and operating income was better than the fiscal year 2017 operating plan which was used in the May 31, 2016 impairment analysis; thus, management believes that no indicator of further impairment currently exists with this reporting unit. Should declines in student enrollment at Carrington result in financial performance that is significantly below management expectations, the carrying value of this reporting unit may exceed its fair value and indefinite-lived intangible assets could be impaired. This could require a write-off of up to $ 20.2 Although the DeVry University reporting unit experienced a 23.9 6 90 23.8 Operating income and cash flows at all other reporting units for the first six months of fiscal year 2017 were not materially different from the budgeted amounts used in the impairment analysis as of May 31, 2016. Full year operating results are also forecast to not materially differ from the full year operating plan. Thus, management does not believe any of the reporting units or their associated indefinite-lived intangible assets fair values would have declined enough to fall below the carrying values as of December 31, 2016. Determining the fair value of a reporting unit or an intangible asset involves the use of significant estimates and assumptions. Management bases its fair value estimates on assumptions it believes to be reasonable at the time, but such assumptions are subject to inherent uncertainty. Actual results may differ from those estimates which could lead to additional impairments of intangible assets. At December 31, 2016, intangible assets from business combinations totaled $ 421.5 854.8 55 December 31, June 30 December 31, Reporting Unit 2016 2016 2015 AUC $ 68,321 $ 68,321 $ 68,321 RUSM and RUSVM 237,173 237,173 237,173 Chamberlain 4,716 4,716 4,716 Carrington - - 5,811 DeVry Brasil 216,050 223,558 172,274 Becker 306,382 32,043 32,503 DeVry University 22,196 22,196 22,196 Total $ 854,838 $ 588,007 $ 542,994 The table below summarizes goodwill balances by reporting segment (in thousands): December 31, June 30, December 31, Reporting Segment 2016 2016 2015 Medical and Healthcare $ 310,210 $ 310,210 $ 316,021 International and Professional Education 522,432 255,601 204,777 Business, Technology and Management 22,196 22,196 22,196 Total $ 854,838 $ 588,007 $ 542,994 The table below summarizes the changes in the carrying amount of goodwill by segment (in thousands): Medical and Healthcare International Business, Accumulated and Technology Impairment Professional and Gross Losses Education Management Total Balance at June 30, 2014 $ 495,927 $ (86,933) $ 88,689 $ 22,196 $ 519,879 Acquisitions - - 55,915 - 55,915 Foreign currency exchange rate changes - - (23,465) - (23,465) Balance at June 30, 2015 495,927 (86,933) 121,139 22,196 552,329 Acquisitions - - 104,613 - 104,613 Impairments - (92,973) - - (92,973) Foreign currency exchange rate changes - - (20,975) - (20,975) Balance at December 31, 2015 495,927 (179,906) 204,777 22,196 542,994 Purchase Accounting Adjustments - - 4,575 - 4,575 Acquisitions - - 11,394 - 11,394 Impairments - (5,811) - - (5,811) Foreign currency exchange rate changes - - 34,855 - 34,855 Balance at June 30, 2016 495,927 (185,717) 255,601 22,196 588,007 Purchase Accounting Adjustments - - (3,122) - (3,122) Acquisitions - - 274,620 - 274,620 Foreign currency exchange rate changes - - (4,667) - (4,667) Balance at December 31, 2016 $ 495,927 $ (185,717) $ 522,432 $ 22,196 $ 854,838 The increase in the goodwill balance from June 30, 2016 in the International and Professional Education segment is the result of the addition of $ 274.6 December 31, June 30, December 31, Reporting Segment 2016 2016 2015 Medical and Healthcare $ 157,700 $ 157,700 $ 198,200 International and Professional Education 200,506 162,881 136,787 Business, Technology and Management 1,645 1,645 1,645 Total $ 359,851 $ 322,226 $ 336,632 Total indefinite-lived intangible assets increased by $ 37.6 39.9

RESTRUCTURING CHARGES

RESTRUCTURING CHARGES	6 Months Ended
	Dec. 31, 2016
Restructuring and Related Activities [Abstract]
RESTRUCTURING CHARGES	NOTE 11: RESTRUCTURING CHARGES During the second quarter and first six months of fiscal year 2017, DeVry Group recorded pre-tax restructuring charges primarily related to real estate consolidations of $ 5.1 10.1 3.7 4.0 2.4 During the second quarter and first six months of fiscal year 2016, DeVry Group recorded pre-tax restructuring charges related to real estate consolidations of $ 12.4 31.2 187 0.5 5.8 0.1 36.9 Liability balance at June 30, 2015 $ 27.0 Increase in liability (separation and other charges) 67.5 Reduction in liability (payments and adjustments) (46.3) Liability balance at June 30, 2016 48.2 Increase in liability (separation and other charges) 5.8 Reduction in liability (payments and adjustments) (16.0) Liability balance at December 31, 2016 $ 38.0 Of this liability balance, $ 15.3 22.7

INCOME TAXES

INCOME TAXES	6 Months Ended
	Dec. 31, 2016
Income Tax Disclosure [Abstract]
INCOME TAXES	NOTE 12: INCOME TAXES A tax benefit of $11.2 million was recorded in the second quarter of fiscal year 2017. This tax benefit was driven primarily from settlement costs of various regulatory authority litigation, and generated effective tax rates on income of -316.8% and - 12.1 18.2 19.4 13.0 13.2 DeVry Group has not recorded a U.S. federal or state tax provision for the undistributed earnings of its international subsidiaries. It is DeVry Group’s intention to indefinitely reinvest accumulated cash balances, future cash flows and post-acquisition undistributed earnings and profits to improve the facilities and operations of its international schools and pursue future opportunities outside the U.S. In accordance with this plan, cash held by the international subsidiaries will not be available for general company purposes, and under current laws, will not be subject to U.S. taxation. As of December 31, 2016, June 30, 2016 and December 31, 2015, cumulative undistributed earnings attributable to international operations were approximately $ 962 891 829

DEBT

DEBT	6 Months Ended
	Dec. 31, 2016
Debt Disclosure [Abstract]
DEBT	NOTE 13: DEBT Revolving Credit Facility DeVry Group entered into a revolving credit facility on March 31, 2015 which expires on March 31, 2020 400 200 550 50 50 100 68.4 2 3 1 2 225 2.73 68.5 0.1 2.0 0.35 The revolving credit agreement contains covenants that, among other things, require maintenance of certain financial ratios, as defined in the agreement. Maintenance of these financial ratios could place restrictions on DeVry Group’s ability to pay dividends. These financial ratios include a consolidated fixed charge coverage ratio, a consolidated leverage ratio and a U.S. Department of Education financial responsibility ratio based upon a composite score of an equity ratio, a primary reserve ratio and a net income ratio. Failure to maintain any of these ratios or to comply with other covenants contained in the agreement would constitute an event of default and could result in termination of the agreement and require payment of all outstanding borrowings and replacement of outstanding letters of credit. DeVry Group was in compliance with the debt covenants as of December 31, 2016. The stock of all U.S. and certain foreign subsidiaries of DeVry Group is pledged as collateral for the borrowings under the revolving credit facility. DeVry Group also has liabilities recorded for deferred purchase price agreements with sellers related to the purchases of Faculdade Diferencial Integral (“Facid”), Faculdade Idea (“Faci”), Damasio, Grupo Ibmec and Facimp (see “Note 9: Business Combinations” for discussion of the Grupo Ibmec and Facimp acquisitions). This financing is in the form of holdbacks of a portion of the purchase price of these acquisitions or installment payments. Payments are made under these agreements based on payment schedules or the resolution of any pre-acquisition contingencies.

COMMITMENTS AND CONTINGENCIES

COMMITMENTS AND CONTINGENCIES	6 Months Ended
	Dec. 31, 2016
Commitments and Contingencies Disclosure [Abstract]
COMMITMENTS AND CONTINGENCIES	NOTE 14: COMMITMENTS AND CONTINGENCIES DeVry Group is subject to lawsuits, administrative proceedings, regulatory reviews and investigations associated with financial assistance programs and other matters arising in the normal conduct of its business. The following is a description of pending legal and regulatory matters that may be considered other than ordinary, routine and incidental to the business. Descriptions of certain matters from prior SEC filings may not be carried forward in this report to the extent we believe such matters no longer are required to be disclosed or there has not been, to our knowledge, significant activity relating to them. The timing or outcome of the following matters, or their possible impact on DeVry Group’s business, financial condition or results of operations, cannot be predicted at this time. The continued defense, resolution or settlement of any of the following matters could require us to expend significant resources and could have a material adverse effect on our business, financial condition, results of operations and cash flows and result in the imposition of significant restrictions on us and our ability to operate. In April 2013, DeVry Group received a Civil Investigative Demand (a “CID”) issued by the Office of the Attorney General of the Commonwealth of Massachusetts. The CID was issued in connection with an investigation into whether DeVry Group caused false claims and/or false statements to be submitted to the Commonwealth of Massachusetts relating to student loans, guarantees, and grants provided to DeVry Group’s Massachusetts students and required DeVry Group to answer interrogatories and to provide documents relating to periods on or after January 1, 2007. DeVry Group responded to the CID in May 2013. In July 2016, DeVry Group received a second CID from the Office requesting information regarding DeVry University advertising, admissions materials, placement rates, and credit/transferability agreements. DeVry Group is in the process of responding to the second CID. On July 15, 2014, DeVry Group received a letter dated July 9, 2014, from the Office of the Attorney General of the State of New York (“NYAG”). The letter requested cooperation with the NYAG’s inquiry into whether recent television advertisements and website marketing regarding DeVry University may have violated federal and state laws prohibiting false advertising and deceptive practices. DeVry Group, DeVry University, Inc., and DeVry/New York Inc. (collectively, the “DeVry Parties”) chose to resolve the NYAG inquiry by entering into an Assurance of Discontinuance (the “Assurance”) with the NYAG on January 27, 2017, without admitting or denying the allegations therein. Pursuant to the Assurance, the DeVry Parties 2.25 0.5 On August 28, 2015, DeVry University received a request from the Multi-Regional and Foreign School Participation Division of the Federal Student Aid office of the Department of Education (“ED FSA”) for documents and information regarding published employment outcomes and relative earnings information of DeVry University graduates (the “Inquiry”). The stated purpose of the Inquiry was to permit ED FSA to assess DeVry University's compliance with applicable regulations under Title IV. On January 27, 2016, DeVry University received a Notice of Intent to Limit from ED FSA (the “January 2016 Notice”), based on a portion of the Inquiry, informing DeVry University of ED FSA’s intention to impose certain limitations on the participation of DeVry University in programs authorized pursuant to Title IV. The proposed limitations related to representations in advertising and marketing, regarding the post-graduation employment outcomes of DeVry University students over a period from 1975 to October 1980 (the “Since 1975 Representation”). On October 13, 2016, DeVry University and the U.S. Department of Education (“ED”) reached a negotiated agreement to settle the January 2016 Notice (the “ED Settlement”). Under the terms of the ED Settlement, among other things, without admitting wrongdoing, DeVry University (1) may no longer make representations regarding the graduate employment outcomes of DeVry University graduates from 1975 to October 1980, including advertising regarding the cumulative graduate employment outcomes since 1975, (2) will maintain or undertake certain recordkeeping and compliance practices to support future representations regarding graduate employment rates and (3) will post a notice on its website and in its enrollment agreements regarding the Since 1975 Representation. The ED Settlement also provides that, except for Heightened Cash Monitoring 1 status, ED will not impose conditions on the timing of, or documentation requirements for, disbursement of aid due to matters relating to lack of substantiation for the Since 1975 Representation. As a result of the ED Settlement, DeVry University’s participation in the Title IV programs will be subject to provisional certification for five 10 68.4 On January 27, 2016, the Federal Trade Commission (“FTC”) filed a civil complaint (the “FTC lawsuit”) against the DeVry Parties in the United States District Court for the Central District of California alleging that certain of DeVry University’s advertising claims were false or misleading or unsubstantiated at the time they were made in violation of Section 5(a) of the Federal Trade Commission Act. The parties settled the FTC lawsuit by stipulation, which was entered by the district court as a Stipulated Order for Permanent Injunction and Monetary Judgment (the “Order”) on December 19, 2016. Pursuant to the Order, the DeVry Parties paid $ 49.4 30.4 20.2 On May 13, 2016, a putative class action lawsuit was filed by the Pension Trust Fund for Operating Engineers, individually and on behalf of others similarly situated, against DeVry Group, Daniel Hamburger, Richard M. Gunst, and Timothy J. Wiggins in the United States District Court for the Northern District of Illinois. The complaint was filed on behalf of a putative class of persons who purchased DeVry Group common stock between February 4, 2011 and January 27, 2016. Citing the FTC lawsuit and the ED January 2016 Notice, the plaintiff claims that defendants made false or misleading statements regarding DeVry University’s graduate employment rate and the earnings of DeVry University graduates relative to the graduates of other universities and colleges. As a result of these false or misleading statements about DeVry University graduate outcomes, plaintiff alleges, defendants overstated DeVry Group’s growth, revenue and earnings potential and made false or misleading statements about DeVry Group’s business, operations and prospects. The plaintiff alleges direct liability against all defendants for violations of §10(b) and Rule 10b-5 of the Exchange Act and asserted liability against the individual defendants pursuant to §20(a) of the Exchange Act. The plaintiff seeks monetary damages, interest, attorneys’ fees, costs and other unspecified relief. On July 13, 2016, the Utah Retirement System (“URS”) moved for appointment as lead plaintiff and approval of its selection of counsel, which was not opposed by the Pension Trust Fund for Operating Engineers and URS was appointed as lead plaintiff on August 24, 2016. URS filed a second amended complaint (“SAC”) on December 23, 2016. The SAC seeks to represent a putative class of persons who purchased DeVry Group common stock between August 26, 2011 and January 27, 2016 and names an additional individual defendant, Patrick J. Unzicker. Like the original complaint, the SAC asserts claims against all defendants for alleged violations of §10(b) and Rule 10b-5 of the Exchange Act and asserted liability against the individual defendants pursuant to §20(a) of the Exchange Act for alleged material misstatements or omissions regarding DeVry University graduate outcomes. On January 27, 2017, defendants moved to dismiss the SAC. On or about June 21, 2016, T’Lani Robinson and Robby Brown filed an arbitration demand with the American Arbitration Association in Chicago, seeking to represent a putative class of students who received a DeVry University education from January 1, 2008 until April 8, 2016 (“Putative Class Period”). Following DeVry Group’s filing of a declaratory judgment action in the United States District Court for the Northern District of Illinois seeking, among other things, an order declaring that federal court is the appropriate venue for this putative class action, on September 12, 2016, Robinson and Brown voluntarily withdrew their demand for arbitration. On September 20, 2016, Robinson and Brown answered the declaratory judgement action and filed a putative class action counterclaim, individually and on behalf of others similarly situated, against DeVry Group Inc., DeVry University, Inc., and DeVry/New York, Inc. in the United States District Court for the Northern District of Illinois. The counterclaim asserted causes of action for breach of contract, misrepresentation, concealment, negligence, violations of the Illinois Uniform Deceptive Trade Practices Act, the Illinois Consumer Fraud and Deceptive Trade Practices Act, and the Illinois Private Business and Vocational Schools Act, conversion, unjust enrichment, and declaratory relief. The plaintiffs sought monetary, declaratory, injunctive, and other unspecified relief. On November 4, 2016, following a stipulated dismissal of the declaratory action, the DeVry Parties moved to dismiss the counterclaim after which plaintiffs voluntarily withdrew it. On December 2, 2016, Robinson and Brown filed an amended complaint adding two additional named plaintiffs. The amended complaint purports to assert nationwide class claims under the above-referenced Illinois statutes and common law theories on behalf of those who, during the Putative Class Period, (i) enrolled in DeVry University; (ii) financed their education with DeVry University with direct loans administered by ED; or (iii) entered into an enrollment agreement with DeVry University and otherwise paid for a DeVry University education. The amended complaint also seeks to represent a fourth class of individuals residing in, or enrolled in a DeVry University campus located in, California during the Putative Class Period bringing claims under the California Business and Profession Code. In addition to the claims previously asserted as described above, the amended complaint adds a claim for breach of fiduciary duty owed students in administering Title IV funds. The DeVry Parties moved to dismiss the amended complaint on January 13, 2017. On October 14, 2016, a putative class action lawsuit was filed by Debbie Petrizzo and five other former DeVry University students, individually and on behalf of others similarly situated, against the DeVry Parties in the United States District Court for the Northern District of Illinois (the “ Petrizzo On October 28, 2016, a putative class action lawsuit was filed by Jairo Jara and eleven others, individually and on behalf of others similarly situated, against the DeVry Parties in the United States District Court for the Northern District of Illinois (the “ Jara By Order dated November 28, 2016, the district court ordered the Petrizzo Jara Petrizzo On January 17, 2017, Harriet Myers filed a complaint derivatively on behalf of DeVry Education Group Inc. in the United States District Court for the Northern District of Illinois against individual defendants Daniel M. Hamburger, Timothy J. Wiggins, Richard M. Gunst, Patrick J. Unzicker, Christopher B. Begley, David S. Brown, Lisa W. Wardell, Ann Weaver Hart, Lyle Logan, Alan G. Merten, Fernando Ruiz, Ronald L. Taylor and James D. White. DeVry Education Group Inc. was named as a nominal defendant only. Citing the FTC lawsuit and settlement, the January 2016 Notice and ED settlement, and the allegations in the lawsuit filed by the Pension Trust Fund for Operating Engineers, each referenced above, the plaintiff alleges that the individual defendants have breached their fiduciary duties and violated federal securities law since at least 2011. The plaintiff asserts that the individual defendants permitted DeVry Education Group Inc. to engage in unlawful conduct, failed to correct misconduct or prevent its recurrence, and failed to ensure the accurate dissemination of information to shareholders. The complaint attempts to state three claims: (i) breach of fiduciary duty by all named defendants for allegedly allowing the illegal conduct to occur, (ii) unjust enrichment by all individual defendants in the receipt of compensation, and (iii) violation of Section 14(a) by failing to disclose the alleged illegal scheme in proxy statements and falsely stating that compensation was based on “pay for performance” where those performance results were allegedly false. Plaintiff seeks on behalf of DeVry Education Group Inc. monetary, injunctive and other unspecified relief.

SEGMENT INFORMATION

SEGMENT INFORMATION	6 Months Ended
	Dec. 31, 2016
Segment Reporting [Abstract]
SEGMENT INFORMATION	DeVry Group’s principal business is providing postsecondary education. DeVry Group presents three reportable segments: “Medical and Healthcare,” which includes the operations of AUC, RUSM, RUSVM (under the DeVry Medical International reporting unit), Chamberlain and Carrington; “International and Professional Education,” which includes the operations of DeVry Brasil and Becker; and “Business, Technology and Management,” which is comprised solely of DeVry University. These segments are consistent with the method by which the Chief Operating Decision Maker (DeVry Group’s President and Chief Executive Officer) evaluates performance and allocates resources. Performance evaluations are based, in part, on each segment’s operating income, which is defined as income before special charges, noncontrolling interest, income taxes and interest. Interest and certain home office related expenses are reconciling items in arriving at consolidated income (loss) before income taxes. Intersegment sales are accounted for at amounts comparable to sales to nonaffiliated customers and are eliminated in consolidation. The consistent measure of segment assets excludes deferred income tax assets and certain depreciable Home Office and Other assets. Additions to long-lived assets have been measured in this same manner. Reconciling items are included as Home Office and Other assets. The accounting policies of the segments are the same as those described in “Note 4: Summary of Significant Accounting Policies.” For the Three Months For the Six Months 2016 2015 2016 2015 Revenue: Medical and Healthcare $ 233,855 $ 234,374 $ 470,609 $ 458,358 International and Professional Education 100,752 62,403 193,722 121,076 Business, Technology and Management 122,395 160,212 243,285 319,678 Intersegment Revenue and Other (652) (786) (1,374) (1,497) Total Consolidated Revenue $ 456,350 $ 456,203 $ 906,242 $ 897,615 Operating Income (Loss): Medical and Healthcare $ 45,872 $ (56,941) $ 87,714 $ (22,688) International and Professional Education 13,616 7,846 17,697 9,884 Business, Technology and Management (1) 600 (4,362) (7,385) (29,611) Home Office and Other (1) (55,242) (2,920) (60,073) (5,717) Total Consolidated Operating Income (Loss) $ 4,846 $ (56,377) $ 37,953 $ (48,132) Interest: Interest Income $ 993 $ 240 $ 2,051 $ 367 Interest Expense (2,300) (1,847) (4,415) (4,173) Net Interest Expense (1,307) (1,607) (2,364) (3,806) Total Consolidated Income (Loss) Before Income Taxes $ 3,539 $ (57,984) $ 35,589 $ (51,938) Segment Assets: Medical and Healthcare $ 932,085 $ 914,206 $ 932,085 $ 914,206 International and Professional Education 1,041,764 537,397 1,041,764 537,397 Business, Technology and Management 213,431 355,113 213,431 355,113 Home Office and Other (2) 114,153 85,824 114,153 85,824 Total Consolidated Assets $ 2,301,433 $ 1,892,540 $ 2,301,433 $ 1,892,540 Additions to Long-Lived Assets: Medical and Healthcare $ 4,100 $ 7,813 $ 8,610 $ 18,481 International and Professional Education 2,828 183,499 371,271 189,160 Business, Technology and Management 845 3,346 1,635 6,529 Home Office and Other 1,315 4,346 2,542 7,587 Total Consolidated Additions to Long-Lived Assets $ 9,088 $ 199,004 $ 384,058 $ 221,757 Reconciliation to Consolidated Financial Statements: Capital Expenditures $ 9,088 $ 18,295 $ 20,406 $ 41,048 Increase in Capital Assets from Acquisitions - 13,487 4,913 13,487 Increase in Intangible Assets and Goodwill - 167,222 358,739 167,222 Total Increase in Consolidated Long-Lived Assets $ 9,088 $ 199,004 $ 384,058 $ 221,757 Depreciation Expense: Medical and Healthcare $ 7,921 $ 8,046 $ 15,590 $ 15,980 International and Professional Education 2,349 1,312 4,457 2,746 Business, Technology and Management 4,761 7,156 9,524 14,465 Home Office and Other 3,060 3,179 5,996 6,179 Total Consolidated Depreciation $ 18,091 $ 19,693 $ 35,567 $ 39,370 Intangible Asset Amortization Expense: Medical and Healthcare $ - $ 65 $ - $ 125 International and Professional Education 2,432 1,313 5,695 2,425 Total Consolidated Amortization $ 2,432 $ 1,378 $ 5,695 $ 2,550 (1) Business, Technology and Management and Home Office and Other Operating Income (Loss) includes $ 4.1 52.2 (2) Home Office and Other Segment Assets in fiscal year 2016 have been revised to reflect the reclassification of deferred tax assets and liabilities related to adoption of ASU No. 2015-17 "Income Taxes (Topic 740): Balance Sheet Classification of Deferred Taxes." DeVry Group conducts its educational operations in the U.S., Dominica, St. Kitts, St. Maarten, Brazil, Canada, Europe, the Middle East, India, China and the Pacific Rim. Other international revenue, which is derived principally from Europe and the Pacific Rim, was less than 5% of total revenue for each of the three-month and six-month periods ended December 31, 2016 and 2015. Revenue and long-lived assets by geographic area are as follows (in thousands): For the Three Months For the Six Months 2016 2015 2016 2015 Revenue from Unaffiliated Customers: Domestic Operations $ 293,588 $ 321,729 $ 595,620 $ 645,725 International Operations: Dominica, St. Kitts and St. Maarten 88,542 91,851 176,846 174,700 Brazil 73,387 40,089 131,627 73,342 Other 833 2,534 2,149 3,848 Total International 162,762 134,474 310,622 251,890 Total Consolidated Revenue $ 456,350 $ 456,203 $ 906,242 $ 897,615 Long-Lived Assets: Domestic Operations $ 265,549 $ 338,048 $ 265,549 $ 338,048 International Operations: Dominica, St. Kitts and St. Maarten 190,796 185,605 190,796 185,605 Brazil 111,096 84,019 111,096 84,019 Other 3,575 57 3,575 57 Total International 305,467 269,681 305,467 269,681 Total Consolidated Long-Lived Assets $ 571,016 $ 607,729 $ 571,016 $ 607,729 No one customer accounted for more than 10

SUMMARY OF SIGNIFICANT ACCOUN22

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Policies)	6 Months Ended
	Dec. 31, 2016
Accounting Policies [Abstract]
Principles of Consolidation	Principles of Consolidation The Consolidated Financial Statements include the accounts of DeVry Group and its wholly-owned and majority-owned subsidiaries. All intercompany balances and transactions have been eliminated in consolidation. Where our ownership interest is less than 100 percent, the noncontrolling ownership interest is reported on our Consolidated Balance Sheets. The noncontrolling ownership interest earnings portion is classified as “Net Income Attributable to Noncontrolling Interest” in our Consolidated Statements of Income (Loss). Unless indicated, or the context requires otherwise, references to years refer to DeVry Group’s fiscal years.
Cash and Cash Equivalents	Cash and Cash Equivalents Cash and cash equivalents can include time deposits, high-grade commercial paper, money market funds and bankers acceptances with original maturities of three months or less. Short-term investment objectives are to minimize risk and maintain liquidity. These investments are stated at cost (which approximates fair value) because of their short duration or liquid nature. DeVry Group places its cash and temporary cash investments with high credit quality institutions. Cash and cash equivalent balances in U.S. bank accounts are generally in excess of the Federal Deposit Insurance Corporation (“FDIC”) insurance limit. Cash and cash equivalent balances in Brazilian bank accounts are generally in excess of the deposit insurance limits for Brazilian banks. DeVry Group has not experienced any losses on its cash and cash equivalents. Management periodically evaluates the creditworthiness of the security issuers and financial institutions with which it invests and maintains deposit accounts.
Financial Aid and Restricted Cash	A significant portion of revenue is received from students who participate in government financial aid and assistance programs which are subject to political and governmental budgetary considerations. There is no assurance that such funding will be maintained at current levels. Extensive and complex regulations in the U.S. and Brazil govern all of the government financial assistance programs in which students participate. Administration of these programs is periodically reviewed by various regulatory agencies. Any regulatory violation could be the basis for disciplinary action, which could include the suspension, limitation or termination from such financial aid programs. Restricted cash represents amounts received from federal and state governments under various student aid grant and loan programs and such restricted funds are held in separate bank accounts. Once the financial aid authorization and disbursement process for the student has been completed, the funds are transferred to unrestricted accounts, and these funds then become available for use in DeVry Group’s operations. This authorization and disbursement process that precedes the transfer of funds generally occurs within the period of the academic term for which such funds were authorized. As a requirement of continuing operations in Pennsylvania, DeVry Group is required to maintain a “minimum protective endowment” of at least $ 500,000
Revenue Recognition	Revenue Recognition Tuition Chamberlain College of Nursing (“Chamberlain”), Carrington, DeVry Educacional do Brasil (“DeVry Brasil”) higher education and DeVry University tuition revenue is recognized on a straight-line basis over their respective applicable academic terms. In addition, American University of the Caribbean School of Medicine (“AUC”), Ross University School of Medicine (“RUSM”) and Ross University School of Veterinary Medicine (“RUSVM”) basic science curriculum revenue is recognized on a straight-line basis over the applicable academic term. The clinical portion of the AUC, RUSM and RUSVM education programs are conducted under the supervision of primarily U.S. teaching hospitals and veterinary schools. AUC, RUSM and RUSVM are responsible for the billing and collection of tuition from their students during the period of clinical education. Revenue is recognized on a weekly basis based on actual program attendance during the period of the clinical program. Fees paid to the hospitals and veterinary schools for supervision of AUC, RUSM and RUSVM students are charged to expense on the same basis. Becker Professional Education (“Becker”) and DeVry Brasil’s live classroom test preparation, and DeVry Brasil’s online tuition revenue is recognized on a straight-line basis over the applicable delivery period. Revenue from Becker conferences and training services, which are generally short-term in duration, is recognized when the conference or training service is provided. Other Educational Sales of Becker subscriptions, membership dues, certifications, textbooks, electronic books and other educational products, including Becker self-study sales, are included in Other Educational Revenue in the Consolidated Statements of Income (Loss). Revenue from Becker subscriptions and membership dues is recognized on a straight-line basis over the applicable subscription or membership period. Revenue from Becker certifications is recognized when the certification process is complete. Textbooks, electronic books and other educational products revenue is recognized when the sale occurs. In addition, fees from international licensees of the Becker programs are included in Other Educational Revenue and recognized when confirmation of course delivery is received. Refunds and Provisions Estimates of DeVry Group’s expected refunds are determined at the outset of each academic term, based upon actual experience in previous terms. Inputs to this analysis include refunds issued, withdrawal rates and historical amounts owed by students for that portion of a term that was completed. Management reassesses collectability throughout the period revenue is recognized by the DeVry Group institutions, on a student-by-student basis. This reassessment is based upon new information and changes in facts and circumstances relevant to a student's ability to pay. Management also reassesses collectability when a student withdraws from the institution and has unpaid tuition charges. Such unpaid charges do not meet the threshold of reasonably collectible and are recognized as revenue on a cash basis. The provisions for refunds, which are reported as a reduction to Tuition Revenue in the Consolidated Statements of Income (Loss), are recognized in the same ratable fashion as revenue to most appropriately match these costs with the tuition revenue in that term. Provisions for refunds were $ 12.2 24.6 12.0 23.2 Provisions for refunds are monitored and adjusted as necessary within the academic term and adjusted for actual refunds issued and withdrawn student accounts receivable balances at the completion of an academic term. If a student withdraws prior to completing an academic term, federal and state regulations and accreditation criteria permit DeVry Group to retain only a set percentage of the total tuition received from such student, which varies with, but generally equals or exceeds, the percentage of the academic term completed by such student. Payment amounts received by DeVry Group in excess of such set percentages of tuition are refunded to the student or the appropriate funding source. All refunds are netted against revenue during the applicable academic term. Reserves related to refunds and uncollectible accounts totaled $ 48.4 64.5 63.6 24.2 The allowance for uncollectible accounts is determined by analyzing the current aging of accounts receivable and historical loss rates on collections of accounts receivable. In addition, management considers projections of future receivable levels and collection loss rates. We monitor the inputs to this analysis periodically throughout the year. Provisions required to maintain the allowance at appropriate levels are charged to expense in each period as required. Provisions for uncollectible accounts, which are included in the Cost of Educational Services in the Consolidated Statements of Income (Loss), were $ 10.0 20.2 8.0 17.4
Internal-Use Software Development Costs	Internal-Use Software Development Costs DeVry Group capitalizes certain internal-use software development costs that are amortized using the straight-line method over the estimated lives of the software, not to exceed seven years. Capitalized costs include external direct costs of equipment, materials and services consumed in developing or obtaining internal-use software and payroll-related costs for employees directly associated with the internal-use software development project. Capitalization of such costs ceases at the point at which the project is substantially complete and ready for its intended purpose. Capitalized internal-use software development costs for projects not yet complete are included as Construction in Progress in the Land, Building and Equipment section of the Consolidated Balance Sheets. As of December 31, 2016, June 30, 2016 and December 31, 2015, the net balance of capitalized internal-use software development costs was $ 15.0 18.3 25.2
Impairment of Long-Lived Assets	Impairment of Long-Lived Assets DeVry Group evaluates the carrying amount of its significant long-lived assets whenever changes in circumstances or events indicate that the value of such assets may not be fully recoverable. Events that may trigger an impairment analysis could include a decision by management to exit a market or a line of business or to consolidate operating locations. In the first six months of fiscal year 2017 and in fiscal year 2016, management consolidated operations at DeVry University, Carrington and DeVry Group’s home office. These decisions resulted in pre-tax accelerated depreciation and write-offs on leasehold improvements and equipment of $ 2.8 4.1 4.8 12.2
Perkins Program Fund	Perkins Program Fund DeVry University is required under U.S. federal aid program regulations to make contributions to the Federal Perkins Student Loan Fund, most recently at a rate equal to 33 2.6
Foreign Currency Translation	The financial position and results of operations of the AUC, RUSM and RUSVM Caribbean operations are measured using the U.S. dollar as the functional currency. As such, there is no translation gain or loss associated with these operations. DeVry Brasil’s operations and Becker’s international operations are measured using the local currency as the functional currency. Assets and liabilities of these entities are translated to U.S. dollars using exchange rates in effect at the balance sheet dates. Income and expense items are translated at monthly average exchange rates. The resultant translation adjustments are included in the component of Shareholders’ Equity designated as Accumulated Other Comprehensive Loss. Transaction gains or losses during each of the three-month and six-month periods ended December 31, 2016 and 2015 were not material.
Noncontrolling Interest	Noncontrolling Interest DeVry Group currently maintains a 97.9 2.1 In July 2015, DeVry Group purchased additional DeVry Brasil stock from the DeVry Brasil management group. Beginning July 1, 2015, DeVry Group has the right to exercise a call option and purchase any remaining DeVry Brasil stock from DeVry Brasil management. Likewise, DeVry Brasil management has had the right to exercise a put option and sell its remaining ownership interest in DeVry Brasil to DeVry Group. Since the put option is out of the control of DeVry Group, authoritative guidance requires the noncontrolling interest, which includes the value of the put option, to be displayed outside of the equity section of the Consolidated Balance Sheets. The DeVry Brasil management put option is being accreted to its redemption value in accordance with the terms of the related stock purchase agreement. The adjustment to increase or decrease the put option to its expected redemption value each reporting period is recorded in retained earnings in accordance with U.S. Generally Accepted Accounting Principles (“GAAP”). The following is a reconciliation of the noncontrolling interest balance (in thousands): Three Months Ended Six Months Ended 2016 2015 2016 2015 Balance at Beginning of Period $ 5,043 $ 3,652 $ 5,112 $ 9,620 Net Income Attributable to Noncontrolling Interest 342 117 339 37 Payment for Purchase of Noncontrolling Interest of Subsidiary - - - (3,114) Increase (Decrease) in Redemption Value of Noncontrolling Interest Put Option 1,335 (956) 1,269 (3,730) Balance at End of Period $ 6,720 $ 2,813 $ 6,720 $ 2,813
Earnings per Common Share	Basic earnings per share is computed by dividing net income or loss attributable to DeVry Group by the weighted average number of common shares outstanding during the period plus unvested participating restricted stock units (“RSUs”). Diluted earnings per share is computed by dividing net income attributable to DeVry Group by the weighted average number of shares assuming dilution. As required by GAAP, because each of the three and six months ended December 31, 2015 resulted in a net loss, diluted earnings per share was computed by dividing the net loss attributable to DeVry Group by the weighted average number of basic shares. Diluted shares are computed using the Treasury Stock Method and reflect the additional shares that would be outstanding if dilutive stock-based grants were exercised during the period. Excluded from the computations of diluted earnings per share were options to purchase 2,643,000 2,808,000 2,861,000 2,836,000 Three Months Ended Six Months Ended 2016 2015 2016 2015 Weighted Average Shares Outstanding 62,685 63,433 62,639 63,509 Unvested Participating RSUs 884 819 855 763 Basic Shares 63,569 64,252 63,494 64,272 Effect of Dilutive Stock Options 459 402 377 345 Diluted Shares 64,028 64,654 63,871 64,617
Treasury Stock	Treasury Stock DeVry Group’s Board of Directors (the “Board”) has authorized share repurchase programs on nine occasions (see “Note 8: Dividends and Share Repurchase Programs”). The ninth share repurchase program was approved on December 15, 2015 and commenced in January 2016. Shares that are repurchased by DeVry Group are recorded as Treasury Stock at cost and result in a reduction of Shareholders’ Equity. From time to time, shares of its common stock are delivered back to DeVry Group under a swap arrangement resulting from employees’ exercise of incentive stock options pursuant to the terms of the DeVry Group Stock Incentive Plans (see “Note 5: Stock-Based Compensation”). These shares are recorded as Treasury Stock at cost and result in a reduction of Shareholders’ Equity. Treasury shares are reissued on a monthly basis, at market value, to the DeVry Group Colleague Stock Purchase Plan in exchange for employee payroll deductions. When treasury shares are reissued, DeVry Group uses an average cost method to reduce the Treasury Stock balance. Gains on the difference between the average cost and the reissuance price are credited to Additional Paid-in Capital. Losses on the difference are charged to Additional Paid-in Capital to the extent that previous net gains from reissuance are included therein, otherwise such losses are charged to Retained Earnings.
Use of Estimates	Use of Estimates The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the amounts of revenue and expense reported during the period. Actual results could differ from those estimates.
Accumulated Other Comprehensive Loss	Accumulated Other Comprehensive Loss Accumulated Other Comprehensive Loss is composed of the change in cumulative translation adjustment, primarily at DeVry Brasil, and unrealized gains on available-for-sale marketable securities, net of the effects of income taxes. The Accumulated Other Comprehensive Loss balance at December 31, 2016, consists of $ 51.1 50.0 1.1 0.2 0.1 42.6 41.7 0.9 0.1 0.1 133.2 130.4 2.8 0.2 0.2
Advertising Expense	Advertising Expense Advertising costs are recognized as expense in the period in which materials are purchased or services are performed. Advertising expense, which is included in Student Services and Administrative Expense in the Consolidated Statements of Income (Loss), was $ 46.5 104.0 56.3 115.6
Restructuring Charges	Restructuring Charges DeVry Group’s financial statements include charges related to severance and related benefits for reductions in staff. These charges also include early lease termination or cease-of-use costs and accelerated depreciation and gains and losses on disposals of property and equipment related to campus consolidations (see “Note 11: Restructuring Charges”).
Recent Accounting Pronouncements	In November 2016, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update (“ASU”) No. 2016-18: “Statement of Cash Flows (Topic 230): Restricted Cash.” This guidance was issued to address the diversity that exists in the classification and presentation of changes in restricted cash on the statement of cash flows. The amendments will require that the statement of cash flows explain the change during the period in total cash, cash equivalents and restricted cash. The amendments are effective for the financial statements issued for fiscal years after December 15, 2017, and interim periods within those fiscal years. The amendments will be applied using a retrospective transition method to each period presented. Management anticipates the adoption will not have a significant impact on DeVry Group’s Consolidated Financial Statements. We expect to early adopt ASU 2016-18 during the fourth quarter of fiscal year 2017. In August 2016, FASB issued ASU No. 2016-15: “Statement of Cash Flows (Topic 230): Classification of Certain Cash Receipts and Cash Payments.” This guidance was issued to address eight specific cash flow issues with the objective of reducing the existing diversity in practice. The amendments are effective for the financial statements issued for fiscal years beginning after December 15, 2017, and interim periods within those fiscal years. Management has determined that our current accounting policies align with this guidance. Therefore, this guidance will have no impact on the Consolidated Financial Statements. In June 2016, FASB issued ASU No. 2016-13: “Financial Instruments-Credit Losses (Topic 326): Measurement of Credit Losses on Financial Instruments.” This guidance was issued to provide financial statement users with more decision-useful information about the expected losses on financial instruments by replacing the incurred loss impairment methodology with a methodology that reflects expected credit losses by requiring a broader range of reasonable and supportable information to inform credit loss estimates. The amendments are effective for financial statements issued for fiscal years beginning after December 15, 2019, and interim periods within those fiscal years. Management is evaluating the impact the guidance will have on DeVry Group’s Consolidated Financial Statements when adopted. In March 2016, FASB issued ASU No. 2016-09: “Compensation–Stock Compensation (Topic 718): Improvements to Employee Share-Based Payment Accounting.” This guidance was issued to simplify the accounting for share-based payment transactions, including the income tax consequences, classification of awards as either equity or liabilities and classification on the statement of cash flows. The amendments are effective for financial statements issued for fiscal years beginning after December 15, 2016, and interim periods within those fiscal years. We will adopt ASU No. 2016-09 in the first quarter of fiscal year 2018. Excess tax benefits and tax deficiencies will no longer be recorded to additional paid-in capital, but rather to income tax expense or benefit in the income statement, which may increase volatility in the income statement. Also, adoption will require changes to classification of certain stock-based compensation transactions on the statement of cash flows. These changes are not expected to have a significant impact on DeVry Group’s Consolidated Financial Statements. In February 2016, FASB issued ASU No. 2016-02: “Leases (Topic 842).” This guidance was issued to increase transparency and comparability among organizations by recognizing right-to-use assets and lease liabilities on the balance sheet and disclosing key information about leasing arrangements. The amendments are effective for financial statements issued for fiscal years beginning after December 15, 2018, and interim periods within those fiscal years. Management is evaluating the impact the guidance will have on DeVry Group’s Consolidated Financial Statements and believes the adoption will impact the Consolidated Balance Sheet with significant increases in assets and liabilities. In January 2016, FASB issued ASU No. 2016-01: “Financial Instruments–Overall (Subtopic 825-10): Recognition and Measurement of Financial Assets and Financial Liabilities.” This guidance was issued to enhance the reporting model for financial instruments to provide users of financial statements with more decision-useful information. The guidance eliminates the classification of equity securities into different categories (that is, trading or available-for-sale) and requires equity securities to be measured at fair value with changes in the fair value recognized through net income. The amendments are effective for financial statements issued for fiscal years beginning after December 15, 2017, and interim periods within those fiscal years. This guidance will require DeVry Group to record the changes in the fair value of its available-for-sale equity investments through net income. Management anticipates the adoption will not have a significant impact on DeVry Group’s Consolidated Financial Statements. In September 2015, FASB issued ASU No. 2015-16: “Business Combinations (Topic 805): Simplifying Accounting for Measurement-Period Adjustments.” This guidance was issued to simplify the accounting for provisional amounts for items in a business combination for which the accounting is incomplete by the end of the reporting period in which the combination occurs and where the provisional amounts have been adjusted during the measurement period. The amendments in this guidance require an entity to present separately on the face of the income statement or disclose in the notes the portion of the amount recorded in current-period earnings by line item that would have been recorded in previous reporting periods if the adjustment to the provisional amounts had been recognized as of the acquisition date. This guidance requires DeVry Group to record and disclose measurement-period adjustments for business combinations as a period adjustment as opposed to a retroactive adjustment to the opening balance sheet of the acquired entity. The guidance is effective for DeVry Group’s current fiscal year and has had no impact on current year financial reporting. In May 2014, FASB issued ASU No. 2014-09: “Revenue from Contracts with Customers (Topic 606).” This guidance was issued to clarify the principles for recognizing revenue and develop a common revenue standard for GAAP and International Financial Reporting Standards (“IFRS”). The guidance is effective for the fiscal years and interim periods within those years beginning after December 15, 2017. DeVry Group will implement this guidance effective July 1, 2018 using the retrospective approach. Management is evaluating the impact the guidance will have on DeVry Group’s Consolidated Financial Statements when adopted.
Reclassifications	Reclassifications In the fourth quarter of fiscal year 2016, we retrospectively adopted ASU No. 2015-17: “Income Taxes (Topic 740): Balance Sheet Classification of Deferred Taxes.” This guidance was issued to simplify the accounting for classification of deferred taxes on the balance sheet. The guidance eliminates the previous requirement for organizations to present deferred tax assets and liabilities as current and noncurrent in a classified balance sheet. Instead, organizations will now be required to classify all deferred tax assets and liabilities as noncurrent. As a result, we decreased current deferred income tax assets by $ 41.3 24.9 16.4

SUMMARY OF SIGNIFICANT ACCOUN23

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)	6 Months Ended
	Dec. 31, 2016
Accounting Policies [Abstract]
Reconciliation of Non-Controlling Interest Balance	Three Months Ended Six Months Ended 2016 2015 2016 2015 Balance at Beginning of Period $ 5,043 $ 3,652 $ 5,112 $ 9,620 Net Income Attributable to Noncontrolling Interest 342 117 339 37 Payment for Purchase of Noncontrolling Interest of Subsidiary - - - (3,114) Increase (Decrease) in Redemption Value of Noncontrolling Interest Put Option 1,335 (956) 1,269 (3,730) Balance at End of Period $ 6,720 $ 2,813 $ 6,720 $ 2,813
Reconciliation of Basic Shares to Diluted Shares	The following is a reconciliation of basic shares to diluted shares (in thousands): Three Months Ended Six Months Ended 2016 2015 2016 2015 Weighted Average Shares Outstanding 62,685 63,433 62,639 63,509 Unvested Participating RSUs 884 819 855 763 Basic Shares 63,569 64,252 63,494 64,272 Effect of Dilutive Stock Options 459 402 377 345 Diluted Shares 64,028 64,654 63,871 64,617

STOCK-BASED COMPENSATION (Table

STOCK-BASED COMPENSATION (Tables)	6 Months Ended
	Dec. 31, 2016
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Summary of options Activity	The following is a summary of options activity for the six months ended December 31, 2016: Weighted Weighted Average Aggregate Average Remaining Intrinsic Number of Exercise Contractual Value Options Price Life (in Years) (in thousands) Outstanding at July 1, 2016 3,574,336 $ 32.79 Options Granted 397,700 23.78 Options Exercised (649,678) 21.61 Options Forfeited (7,720) 31.01 Options Expired (23,081) 31.01 Outstanding at December 31, 2016 3,291,557 33.93 5.66 $ 12,461 Exercisable at December 31, 2016 2,293,387 $ 38.07 4.16 $ 4,715
Summary of stock appreciation rights activity	The following is a summary of stock appreciation rights activity for the six months ended December 31, 2016: Weighted Number of Weighted Average Aggregate Stock Average Remaining Intrinsic Appreciation Exercise Contractual Value Rights Price Life (in Years) (in thousands) Outstanding at July 1, 2016 118,065 $ 42.74 Rights Granted - - Rights Exercised - - Rights Canceled - - Outstanding at December 31, 2016 118,065 42.74 0.92 $ 15 Exercisable at December 31, 2016 118,065 $ 42.74 0.92 $ 15
Fair Values of Stock Option Awards Estimated Weighted Average Assumptions	The fair value of DeVry Group’s stock option grants was estimated assuming the following weighted average assumptions: Fiscal Year 2017 2016 Expected Life (in Years) 6.88 6.78 Expected Volatility 42.41 % 41.35 % Risk-free Interest Rate 1.41 % 1.85 % Dividend Yield 1.19 % 1.01 % Pre-vesting Forfeiture Rate 10.00 % 3.00 %
Summary of Restricted Stock Units Activity	The following is a summary of RSUs activity for the six months ended December 31, 2016: Weighted Average Number of Grant Date RSUs Fair Value Nonvested at July 1, 2016 1,139,350 $ 27.78 RSUs Granted 644,340 23.84 RSUs Vested (361,964) 27.18 RSUs Forfeited (43,671) 28.14 Nonvested at December 31, 2016 1,378,055 $ 26.09
Total Stock-Based Compensation Expense Included in Consolidated Statement of Earnings	The following table shows total stock-based compensation expense included in the Consolidated Statements of Income (Loss) (in thousands): For the Three Months Ended For the Six Months Ended 2016 2015 2016 2015 Cost of Educational Services $ 1,147 $ 1,272 $ 2,987 $ 3,268 Student Services and Administrative Expense 2,436 2,702 6,346 6,944 Stock-Based Compensation Expense 3,583 3,974 9,333 10,212 Income Tax Benefit (1,251) (1,514) (3,283) (3,718) Net Stock-Based Compensation Expense $ 2,332 $ 2,460 $ 6,050 $ 6,494

FAIR VALUE MEASUREMENTS (Tables

FAIR VALUE MEASUREMENTS (Tables)	6 Months Ended
	Dec. 31, 2016
Fair Value Disclosures [Abstract]
Assets and Liabilities Measured at Fair Value on Recurring Basis	The following table presents DeVry Group's assets and liabilities at December 31, 2016, that are measured at fair value on a recurring basis and are categorized using the fair value hierarchy (in thousands). Level 1 Level 2 Level 3 Cash and Cash Equivalents $ 199,945 $ - $ - Available-for-Sale Investments: Marketable Securities, short-term 3,844 - - Institutional Loans Receivable, Net - 45,982 - Deferred Acquisition Obligations - 29,499 - FIES Long-Term Receivable - 13,151 - Total Financial Assets at Fair Value $ 203,789 $ 88,632 $ - The following table presents DeVry Group's assets and liabilities at June 30, 2016, that are measured at fair value on a recurring basis and are categorized using the fair value hierarchy (in thousands). Level 1 Level 2 Level 3 Cash and Cash Equivalents $ 308,164 $ - $ - Available-for-Sale Investments: Marketable Securities, short-term 3,609 - - Institutional Loans Receivable, Net - 49,025 - Deferred Acquisition Obligations - 32,121 - FIES Long-Term Receivable - 13,057 - Total Financial Assets at Fair Value $ 311,773 $ 94,203 $ - The following table presents DeVry Group's assets and liabilities at December 31, 2015, that are measured at fair value on a recurring basis and are categorized using the fair value hierarchy (in thousands). Level 1 Level 2 Level 3 Cash and Cash Equivalents $ 178,193 $ - $ - Available-for-Sale Investments: Marketable Securities, short-term 3,493 - - Institutional Loans Receivable, Net - 49,547 - Deferred Acquisition Obligations - 31,656 - Total Financial Assets at Fair Value $ 181,686 $ 81,203 $ -

FINANCING RECEIVABLES (Tables)

FINANCING RECEIVABLES (Tables)	6 Months Ended
	Dec. 31, 2016
Receivables [Abstract]
Institutional Loan Balances and Related Allowances for Credit Losses	The following table details the institutional loan balances along with the related allowances for credit losses (in thousands). December 31, 2016 June 30, 2016 December 31, 2015 Gross Institutional Loans $ 55,782 $ 69,825 $ 71,712 Allowance for Credit Losses: Balance at July 1 $ (20,800) $ (20,630) $ (20,630) Charge-offs and Adjustments 16,281 7,388 4,856 Recoveries (438) (461) (434) Additional Provision (4,843) (7,097) (5,957) Balance at End of Period (9,800) (20,800) (22,165) Net Institutional Loans $ 45,982 $ 49,025 $ 49,547
Credit Risk Profiles of Institutional Student Loan Balances	The following tables detail the credit risk profiles of the institutional loan balances based on payment activity and an aging analysis of past due institutional loans (in thousands). December 31, June 30, December 31, 2016 2016 2015 Institutional Loans: Performing $ 48,010 $ 50,045 $ 52,669 Nonperforming 7,772 19,780 19,043 Total Institutional Loans $ 55,782 $ 69,825 $ 71,712
Institutional Student Loans Past Due	30-59 60-89 90-119 Greater Total Past Current Total Institutional Loans: December 31, 2016 $ 5,863 $ 2,998 $ 1,917 $ 7,772 $ 18,550 $ 37,232 $ 55,782 June 30, 2016 $ 8,038 $ 1,512 $ 924 $ 19,780 $ 30,254 $ 39,571 $ 69,825 December 31, 2015 $ 6,303 $ 2,004 $ 1,623 $ 19,043 $ 28,973 $ 42,739 $ 71,712

DIVIDENDS AND SHARE REPURCHAS27

DIVIDENDS AND SHARE REPURCHASE PROGRAMS (Tables)	6 Months Ended
	Dec. 31, 2016
Treasury Stock, Number of Shares and Restriction Disclosures [Abstract]
Shares Repurchased Under Programs	DeVry Group has repurchased shares under the following programs as of December 31, 2016: Date Shares Total Cost Authorized Repurchased (in millions) November 15, 2006 908,399 $ 35.0 May 13, 2008 1,027,417 50.0 November 11, 2009 972,205 50.0 August 11, 2010 1,103,628 50.0 November 10, 2010 968,105 50.0 May 20, 2011 2,396,143 100.0 November 2, 2011 3,478,299 100.0 August 29, 2012 2,005,317 62.7 December 15, 2015 1,546,116 32.5 Totals 14,405,629 $ 530.2

BUSINESS COMBINATIONS (Tables)

BUSINESS COMBINATIONS (Tables)	6 Months Ended
	Dec. 31, 2016
Association Of Certified Anti-Money Laundering Specialists [Member]
Schedule of Recognized Identified Assets Acquired and Liabilities Assumed	The following table summarizes the preliminary fair values of the assets acquired and liabilities assumed at the date of acquisition (in thousands). July 1, 2016 Current Assets $ 24,895 Property and Equipment 432 Other Long-term Assets 3,200 Intangible Assets 88,600 Goodwill 274,620 Total Assets Acquired 391,747 Liabilities Assumed 37,619 Net Assets Acquired $ 354,128
Schedule of Finite-Lived Intangible Assets Acquired as Part of Business Combination	The preliminary values and estimated useful lives by asset type are as follows (in thousands): July 1, 2016 Value Estimated Customer Relationships $ 42,500 10 years Curriculum 5,000 3 years Non-compete Agreements 700 1 year Proprietary Technology 500 4 years
Faculdade de Imperatriz [Member]
Schedule of Recognized Identified Assets Acquired and Liabilities Assumed	The following table summarizes the preliminary fair values of the assets acquired and liabilities assumed at the date of acquisition (in thousands). June 1, 2016 Current Assets $ 1,626 Property and Equipment 291 Intangible Assets 2,652 Goodwill 4,997 Total Assets Acquired 9,566 Liabilities Assumed 2,756 Net Assets Acquired $ 6,810
Grupo Ibmec Educacional S A [Member]
Schedule of Recognized Identified Assets Acquired and Liabilities Assumed	The following table summarizes the fair values of the assets acquired and liabilities assumed at the date of acquisition (in thousands). December 15, Current Assets $ 27,615 Property and Equipment 17,968 Other Long-term Assets 2,639 Intangible Assets 59,275 Goodwill 107,888 Total Assets Acquired 215,385 Liabilities Assumed 24,423 Net Assets Acquired $ 190,962
Schedule of Finite-Lived Intangible Assets Acquired as Part of Business Combination	The values and estimated useful lives by asset type are as follows (in thousands): December 15, 2015 Value Estimated Student Relationships $ 4,360 5 years Curriculum 1,821 5 years

INTANGIBLE ASSETS (Tables)

INTANGIBLE ASSETS (Tables)	6 Months Ended
	Dec. 31, 2016
Goodwill and Intangible Assets Disclosure [Abstract]
Schedule of Intangible Assets	Intangible assets consist of the following (in thousands): December 31, 2016 Gross Accumulated Weighted Average Amortizable Intangible Assets: Student Relationships $ 12,657 $ (8,324) 5 Years Customer Relationships 42,900 (2,547) 10 Years Non-compete Agreements 1,640 (1,226) 3 Years Curriculum/Software 8,143 (2,206) 4 Years Franchise Contracts 10,783 (1,148) 18 Years Clinical Agreements 399 (93) 15 Years Trade Names 1,163 (901) 10 Years Proprietary Technology 500 (63) 4 Years Total $ 78,185 $ (16,508) Indefinite-lived Intangible Assets: Trade Names $ 110,048 Trademarks 1,645 Ross Title IV Eligibility and Accreditations 14,100 Intellectual Property 13,940 Chamberlain Title IV Eligibility and Accreditations 1,200 Carrington Title IV Eligibility and Accreditations 20,200 AUC Title IV Eligibility and Accreditations 100,000 DeVry Brasil Accreditation 98,718 Total $ 359,851 June 30, 2016 Gross Accumulated Amortizable Intangible Assets: Student Relationships $ 14,530 $ (7,150) Customer Relationships 400 (170) Non-compete Agreements 940 (799) Curriculum/Software 4,038 (1,914) Franchise Contracts 10,968 (863) Clinical Agreements 406 (81) Trade Names 1,183 (858) Total $ 32,465 $ (11,835) Indefinite-lived Intangible Assets: Trade Names $ 70,731 Trademarks 1,645 Ross Title IV Eligibility and Accreditations 14,100 Intellectual Property 13,940 Chamberlain Title IV Eligibility and Accreditations 1,200 Carrington Title IV Eligibility and Accreditations 20,200 AUC Title IV Eligibility and Accreditations 100,000 DeVry Brasil Accreditation 100,410 Total $ 322,226 December 31, 2015 Gross Accumulated Amortizable Intangible Assets: Student Relationships $ 11,739 $ (4,128) Customer Relationships 400 (150) Test Prep Relationships 808 (741) Non-compete Agreements 940 (705) Curriculum/Software 3,692 (1,587) Outplacement Relationships 3,900 (1,894) Franchise Contracts 8,861 (451) Clinical Agreements 328 (55) Trade Names 957 (645) Total $ 31,625 $ (10,356) Indefinite-lived Intangible Assets: Trade Names $ 63,667 Trademarks 1,645 Ross Title IV Eligibility and Accreditations 14,100 Intellectual Property 13,940 Chamberlain Title IV Eligibility and Accreditations 1,200 Carrington Title IV Eligibility and Accreditations 60,700 AUC Title IV Eligibility and Accreditations 100,000 DeVry Brasil Accreditation 81,380 Total $ 336,632
Estimated Amortization Expense for Amortized Intangible Assets	Estimated amortization expense for amortizable intangible assets for the next five fiscal years ending June 30 and in the aggregate, by reporting unit, is as follows (in thousands): Fiscal Year DeVry Brasil Becker Total 2017 $ 3,635 $ 7,482 $ 11,117 2018 2,912 6,501 9,413 2019 2,093 6,422 8,515 2020 1,474 4,671 6,145 2021 923 4,440 5,363 Thereafter 7,125 19,686 26,811
Changes in Carrying Amount of Goodwill, by Segment	The table below summarizes goodwill balances by reporting unit (in thousands): December 31, June 30 December 31, Reporting Unit 2016 2016 2015 AUC $ 68,321 $ 68,321 $ 68,321 RUSM and RUSVM 237,173 237,173 237,173 Chamberlain 4,716 4,716 4,716 Carrington - - 5,811 DeVry Brasil 216,050 223,558 172,274 Becker 306,382 32,043 32,503 DeVry University 22,196 22,196 22,196 Total $ 854,838 $ 588,007 $ 542,994 December 31, June 30, December 31, Reporting Segment 2016 2016 2015 Medical and Healthcare $ 310,210 $ 310,210 $ 316,021 International and Professional Education 522,432 255,601 204,777 Business, Technology and Management 22,196 22,196 22,196 Total $ 854,838 $ 588,007 $ 542,994 The table below summarizes the changes in the carrying amount of goodwill by segment (in thousands): Medical and Healthcare International Business, Accumulated and Technology Impairment Professional and Gross Losses Education Management Total Balance at June 30, 2014 $ 495,927 $ (86,933) $ 88,689 $ 22,196 $ 519,879 Acquisitions - - 55,915 - 55,915 Foreign currency exchange rate changes - - (23,465) - (23,465) Balance at June 30, 2015 495,927 (86,933) 121,139 22,196 552,329 Acquisitions - - 104,613 - 104,613 Impairments - (92,973) - - (92,973) Foreign currency exchange rate changes - - (20,975) - (20,975) Balance at December 31, 2015 495,927 (179,906) 204,777 22,196 542,994 Purchase Accounting Adjustments - - 4,575 - 4,575 Acquisitions - - 11,394 - 11,394 Impairments - (5,811) - - (5,811) Foreign currency exchange rate changes - - 34,855 - 34,855 Balance at June 30, 2016 495,927 (185,717) 255,601 22,196 588,007 Purchase Accounting Adjustments - - (3,122) - (3,122) Acquisitions - - 274,620 - 274,620 Foreign currency exchange rate changes - - (4,667) - (4,667) Balance at December 31, 2016 $ 495,927 $ (185,717) $ 522,432 $ 22,196 $ 854,838
Summary of Indefinite-Lived Intangible Assets Balances by Reporting Segment	December 31, June 30, December 31, Reporting Segment 2016 2016 2015 Medical and Healthcare $ 157,700 $ 157,700 $ 198,200 International and Professional Education 200,506 162,881 136,787 Business, Technology and Management 1,645 1,645 1,645 Total $ 359,851 $ 322,226 $ 336,632

RESTRUCTURING CHARGES (Tables)

RESTRUCTURING CHARGES (Tables)	6 Months Ended
	Dec. 31, 2016
Restructuring and Related Activities [Abstract]
Schedule of Restructuring Reserve by Type of Cost	The following table summarizes the separation and restructuring plan activity for the fiscal years 2017 and 2016, for which cash payments are required (in millions): Liability balance at June 30, 2015 $ 27.0 Increase in liability (separation and other charges) 67.5 Reduction in liability (payments and adjustments) (46.3) Liability balance at June 30, 2016 48.2 Increase in liability (separation and other charges) 5.8 Reduction in liability (payments and adjustments) (16.0) Liability balance at December 31, 2016 $ 38.0

SEGMENT INFORMATION (Tables)

SEGMENT INFORMATION (Tables)	6 Months Ended
	Dec. 31, 2016
Segment Reporting [Abstract]
Tabulation of Business Segment Information Based on Current Segmentation	Following is a tabulation of business segment information based on the segmentation for the three and six months ended December 31, 2016 and 2015. Home Office and Other information is included where it is needed to reconcile segment data to the Consolidated Financial Statements (in thousands). For the Three Months For the Six Months 2016 2015 2016 2015 Revenue: Medical and Healthcare $ 233,855 $ 234,374 $ 470,609 $ 458,358 International and Professional Education 100,752 62,403 193,722 121,076 Business, Technology and Management 122,395 160,212 243,285 319,678 Intersegment Revenue and Other (652) (786) (1,374) (1,497) Total Consolidated Revenue $ 456,350 $ 456,203 $ 906,242 $ 897,615 Operating Income (Loss): Medical and Healthcare $ 45,872 $ (56,941) $ 87,714 $ (22,688) International and Professional Education 13,616 7,846 17,697 9,884 Business, Technology and Management (1) 600 (4,362) (7,385) (29,611) Home Office and Other (1) (55,242) (2,920) (60,073) (5,717) Total Consolidated Operating Income (Loss) $ 4,846 $ (56,377) $ 37,953 $ (48,132) Interest: Interest Income $ 993 $ 240 $ 2,051 $ 367 Interest Expense (2,300) (1,847) (4,415) (4,173) Net Interest Expense (1,307) (1,607) (2,364) (3,806) Total Consolidated Income (Loss) Before Income Taxes $ 3,539 $ (57,984) $ 35,589 $ (51,938) Segment Assets: Medical and Healthcare $ 932,085 $ 914,206 $ 932,085 $ 914,206 International and Professional Education 1,041,764 537,397 1,041,764 537,397 Business, Technology and Management 213,431 355,113 213,431 355,113 Home Office and Other (2) 114,153 85,824 114,153 85,824 Total Consolidated Assets $ 2,301,433 $ 1,892,540 $ 2,301,433 $ 1,892,540 Additions to Long-Lived Assets: Medical and Healthcare $ 4,100 $ 7,813 $ 8,610 $ 18,481 International and Professional Education 2,828 183,499 371,271 189,160 Business, Technology and Management 845 3,346 1,635 6,529 Home Office and Other 1,315 4,346 2,542 7,587 Total Consolidated Additions to Long-Lived Assets $ 9,088 $ 199,004 $ 384,058 $ 221,757 Reconciliation to Consolidated Financial Statements: Capital Expenditures $ 9,088 $ 18,295 $ 20,406 $ 41,048 Increase in Capital Assets from Acquisitions - 13,487 4,913 13,487 Increase in Intangible Assets and Goodwill - 167,222 358,739 167,222 Total Increase in Consolidated Long-Lived Assets $ 9,088 $ 199,004 $ 384,058 $ 221,757 Depreciation Expense: Medical and Healthcare $ 7,921 $ 8,046 $ 15,590 $ 15,980 International and Professional Education 2,349 1,312 4,457 2,746 Business, Technology and Management 4,761 7,156 9,524 14,465 Home Office and Other 3,060 3,179 5,996 6,179 Total Consolidated Depreciation $ 18,091 $ 19,693 $ 35,567 $ 39,370 Intangible Asset Amortization Expense: Medical and Healthcare $ - $ 65 $ - $ 125 International and Professional Education 2,432 1,313 5,695 2,425 Total Consolidated Amortization $ 2,432 $ 1,378 $ 5,695 $ 2,550 (1) Business, Technology and Management and Home Office and Other Operating Income (Loss) includes $ 4.1 52.2 (2) Home Office and Other Segment Assets in fiscal year 2016 have been revised to reflect the reclassification of deferred tax assets and liabilities related to adoption of ASU No. 2015-17 "Income Taxes (Topic 740): Balance Sheet Classification of Deferred Taxes."
Revenues and Long-Lived Assets by Geographic Area	For the Three Months For the Six Months 2016 2015 2016 2015 Revenue from Unaffiliated Customers: Domestic Operations $ 293,588 $ 321,729 $ 595,620 $ 645,725 International Operations: Dominica, St. Kitts and St. Maarten 88,542 91,851 176,846 174,700 Brazil 73,387 40,089 131,627 73,342 Other 833 2,534 2,149 3,848 Total International 162,762 134,474 310,622 251,890 Total Consolidated Revenue $ 456,350 $ 456,203 $ 906,242 $ 897,615 Long-Lived Assets: Domestic Operations $ 265,549 $ 338,048 $ 265,549 $ 338,048 International Operations: Dominica, St. Kitts and St. Maarten 190,796 185,605 190,796 185,605 Brazil 111,096 84,019 111,096 84,019 Other 3,575 57 3,575 57 Total International 305,467 269,681 305,467 269,681 Total Consolidated Long-Lived Assets $ 571,016 $ 607,729 $ 571,016 $ 607,729

ASSETS HELD FOR SALE - Addition

ASSETS HELD FOR SALE - Additional Information (Detail) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2016	Dec. 31, 2015	Jun. 30, 2016
Disposal Group, Including Discontinued Operation, Property, Plant and Equipment	$ 11,280	$ 0	$ 11,280	$ 0	$ 0
Impairment of Long-Lived Assets to be Disposed of	$ 4,764	$ 0	$ 4,764	$ 0

REGULATORY SETTLEMENTS - Additi

REGULATORY SETTLEMENTS - Additional Information (Detail) $ in Thousands	3 Months Ended	6 Months Ended
	Dec. 31, 2016USD ($)	Dec. 31, 2016USD ($)
Inquiry Settlement	$ 2,250	$ 2,250
Inquiry Settlement Penalties	500	500
Loss Contingency Accrual	2,750	2,750
Letter of Credit [Member]
Letter Of Credit Title IV Disbursement, Amount	68,400	68,400
Permanent Injunction And Monetary Judgment Agreement [Member]
Settlement Payment	49,400	49,400
Forgivable Of Loan	30,400	30,400
Forgivable Of Account Receivable	20,200	20,200
Regulatory Settlement Charge	56,300	56,300
Loan Write Offs	4,100	4,100
Business Technology And Management [Member]
Regulatory Settlement Charge	4,100	4,100
Home Office And Other [Member]
Regulatory Settlement Charge	$ 52,200	$ 52,200

SUMMARY OF SIGNIFICANT ACCOUN34

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Reconciliation of Non-Controlling Interest Balance) (Detail) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2016	Dec. 31, 2015
Noncontrolling Interest [Line Items]
Balance at Beginning of Period	$ 5,043	$ 3,652	$ 5,112	$ 9,620
Net Income Attributable to Noncontrolling Interest	342	117	339	37
Payment for Purchase of Noncontrolling Interest of Subsidiary	0	0	0	(3,114)
Increase (Decrease) in Redemption Value of Noncontrolling Interest Put Option	1,335	(956)	1,269	(3,730)
Balance at End of Period	$ 6,720	$ 2,813	$ 6,720	$ 2,813

SUMMARY OF SIGNIFICANT ACCOUN35

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Reconciliation of Basic Shares to Diluted Shares) (Detail) - shares shares in Thousands	3 Months Ended		6 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2016	Dec. 31, 2015
Earnings Per Share, Diluted, by Common Class, Including Two Class Method [Line Items]
Weighted Average Shares Outstanding	62,685	63,433	62,639	63,509
Unvested Participating RSUs	884	819	855	763
Basic Shares	63,569	64,252	63,494	64,272
Effect of Dilutive Stock Options	459	402	377	345
Diluted Shares	64,028	64,654	63,871	64,617

SUMMARY OF SIGNIFICANT ACCOUN36

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES - Additional Information (Detail) - USD ($)	3 Months Ended		6 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2016	Dec. 31, 2015	Jun. 30, 2016
Summary Of Significant Accounting Policies [Line Items]
Minimum protective endowment related to continuing operation in Pennsylvania	$ 500,000		$ 500,000
Reserves related to uncollectible accounts and refunds	48,400,000	$ 63,600,000	48,400,000	$ 63,600,000	$ 64,500,000
Net balance of capitalized software development costs	$ 15,000,000	$ 25,200,000	$ 15,000,000	$ 25,200,000	18,300,000
Anti-dilutive shares excluded from computations of earnings per share	2,643,000	2,861,000	2,808,000	2,836,000
Cumulative translation losses	$ 51,100,000	$ 133,200,000	$ 51,100,000	$ 133,200,000	42,600,000
Advertising expense	46,500,000	56,300,000	104,000,000	115,600,000
Provision for Doubtful Accounts			44,713,000	40,601,000
Impairment of Leasehold	2,800,000	4,800,000	4,100,000	12,200,000
Provisions For Refund Payments	12,200,000	12,000,000	24,600,000	23,200,000
Deferred Tax Liabilities, Net, Noncurrent	32,452,000	21,380,000	32,452,000	21,380,000	29,936,000
Federal Trade Commission Settlement Agreement [Member]
Summary Of Significant Accounting Policies [Line Items]
Allowance for Doubtful Accounts Receivable, Write-offs	24,200,000
Accounting Standards Update 2015-17 [Member]
Summary Of Significant Accounting Policies [Line Items]
Deferred Tax Assets, Net, Current		41,300,000		41,300,000
Deferred Tax Assets, Net, Noncurrent		24,900,000		24,900,000
Deferred Tax Liabilities, Net, Noncurrent		16,400,000		16,400,000
Noncontrolling Interest
Summary Of Significant Accounting Policies [Line Items]
Cumulative translation losses	1,100,000	2,800,000	1,100,000	2,800,000	900,000
Educational Services
Summary Of Significant Accounting Policies [Line Items]
Provision for Doubtful Accounts	$ 10,000,000	8,000,000	$ 20,200,000	17,400,000
Perkins Student Loan Fund
Summary Of Significant Accounting Policies [Line Items]
Percentage of Contributions	33.00%		33.00%
Allowances for expected losses on loan collections	$ 2,600,000	$ 2,600,000	$ 2,600,000	$ 2,600,000	$ 2,600,000
DeVry Brasil
Summary Of Significant Accounting Policies [Line Items]
Ownership interest of parent in subsidiary	2.10%	2.10%	2.10%	2.10%	2.10%
DeVry Education Group Inc.
Summary Of Significant Accounting Policies [Line Items]
Ownership interest of parent in subsidiary	97.90%		97.90%
Cumulative translation losses	$ 50,000,000	$ 130,400,000	$ 50,000,000	$ 130,400,000	$ 41,700,000
Available-for-sale Securities, Accumulated Gross Unrealized Gain (Loss), before Tax, Total	200,000	200,000	200,000	200,000	100,000
Tax effect on unrealized gains on available-for-sale securities	$ 100,000	$ 200,000	$ 100,000	$ 200,000	$ 100,000

STOCK-BASED COMPENSATION (Summa

STOCK-BASED COMPENSATION (Summary of Options Activity) (Detail) - Stock Option $ / shares in Units, $ in Thousands	6 Months Ended
	Dec. 31, 2016USD ($)$ / sharesshares
Employee Service Share-based Compensation, Allocation of Recognized Period Costs [Line Items]
Options, Outstanding at beginning of period | shares	3,574,336
Options, Granted | shares	397,700
Options, Exercised | shares	(649,678)
Options Forfeited | shares	(7,720)
Options Expired | shares	(23,081)
Options, Outstanding at end of period | shares	3,291,557
Options, Exercisable at end of period | shares	2,293,387
Weighted Average Exercise Price at beginning of period | $ / shares	$ 32.79
Weighted Average Exercise Price, Options Granted | $ / shares	23.78
Weighted Average Exercise Price, Options Exercised | $ / shares	21.61
Weighted Average Exercise Price, Options Forfeited | $ / shares	31.01
Weighted Average Exercise Price, Options Expired | $ / shares	31.01
Weighted Average Outstanding Price at end of period | $ / shares	33.93
Weighted Average Exercise Price, Exercisable at end of period | $ / shares	$ 38.07
Weighted Average Remaining Contractual Life, Outstanding at end of period	5 years 7 months 28 days
Weighted Average Remaining Contractual Life, Exercisable at end of period	4 years 1 month 28 days
Aggregate Intrinsic Value, Outstanding at End of period | $	$ 12,461
Aggregate Intrinsic Value, Exercisable at end of period | $	$ 4,715

STOCK-BASED COMPENSATION (Sum38

STOCK-BASED COMPENSATION (Summary of Stock Appreciation Rights Activity) (Detail) - Stock Appreciation Rights (SARs) [Member] $ / shares in Units, $ in Thousands	6 Months Ended
	Dec. 31, 2016USD ($)$ / sharesshares
Employee Service Share-based Compensation, Allocation of Recognized Period Costs [Line Items]
Outstanding at beginning of period | shares	118,065
Rights Granted | shares	0
Rights Exercised | shares	0
Rights Canceled | shares	0
Outstanding at end of period | shares	118,065
Exercisable at end of period | shares	118,065
Weighted Average Grant Date Fair Value, Nonvested beginning balance | $ / shares	$ 42.74
Weighted Average Exercise Price Rights Granted | $ / shares	0
Weighted Average Exercise Price Rights Exercised | $ / shares	0
Weighted Average Exercise Price Rights Canceled | $ / shares	0
Weighted Average Grant Date Fair Value, Nonvested ending balance | $ / shares	42.74
Weighted Average Exercise Price, Exercisable at end of period | $ / shares	$ 42.74
Weighted Average Remaining Contractual Life, Outstanding at end of period	11 months 1 day
Weighted Average Remaining Contractual Life, Exercisable at end of period	11 months 1 day
Aggregate Intrinsic Value, Outstanding at end of period | $	$ 15
Aggregate Intrinsic Value, Exercisable at end of period | $	$ 15

STOCK-BASED COMPENSATION (Fair

STOCK-BASED COMPENSATION (Fair Values of Stock Option Awards Weighted Average Assumptions) (Detail)	6 Months Ended
	Dec. 31, 2016	Dec. 31, 2015
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Expected Life (in Years)	6 years 10 months 17 days	6 years 9 months 11 days
Expected Volatility	42.41%	41.35%
Risk-free Interest Rate	1.41%	1.85%
Dividend Yield	1.19%	1.01%
Pre-vesting Forfeiture Rate	10.00%	3.00%

STOCK-BASED COMPENSATION (Sum40

STOCK-BASED COMPENSATION (Summary of Restricted Stock Units Activity) (Detail) - Restricted Stock Units (RSUs) [Member] - $ / shares	6 Months Ended
	Dec. 31, 2016	Dec. 31, 2015
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Outstanding at beginning of period	1,139,350
Restricted Stock Units Outstanding, Shares Granted	644,340
Restricted Stock Units Outstanding, Shares Vested	(361,964)
Restricted Stock Units Outstanding, Shares Forfeited	(43,671)
Outstanding at end of period	1,378,055
Weighted Average Grant Date Fair Value, Nonvested beginning balance	$ 27.78
Weighted Average Grant Date Fair Value, Shares Granted	23.84	$ 26.04
Weighted Average Grant Date Fair Value, Shares Vested	27.18
Weighted Average Grant Date Fair Value, Shares Forfeited	28.14
Weighted Average Grant Date Fair Value, Nonvested ending balance	$ 26.09

STOCK-BASED COMPENSATION (Total

STOCK-BASED COMPENSATION (Total Stock-Based Compensation Expense Included in Consolidated Statement of Income) (Detail) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2016	Dec. 31, 2015
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock-Based Compensation Expense	$ 3,583	$ 3,974	$ 9,333	$ 10,212
Income Tax Benefit	(1,251)	(1,514)	(3,283)	(3,718)
Net Stock-Based Compensation Expense	2,332	2,460	6,050	6,494
Cost Of Educational Services
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock-Based Compensation Expense	1,147	1,272	2,987	3,268
Student Services And Administrative Expense
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock-Based Compensation Expense	$ 2,436	$ 2,702	$ 6,346	$ 6,944

STOCK-BASED COMPENSATION - Addi

STOCK-BASED COMPENSATION - Additional Information (Detail) - USD ($) $ / shares in Units, $ in Millions	6 Months Ended
	Dec. 31, 2016	Dec. 31, 2015
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Total intrinsic value of options exercised	$ 3.6	$ 0.1
Total pre-tax unrecognized compensation costs related to non-vested awards	$ 25.8
Total pre-tax unrecognized compensation costs related to non-vested awards expected to be recognized, years	2 years 6 months
Total fair value of options and Restricted Stock Units vested	$ 12.8	$ 13.9
Stock Incentive Plans
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Weighted average estimated grant date fair values, for options granted at market price, per share	$ 9.09	$ 10.17
Common Stock, Capital Shares Reserved for Future Issuance	6,814,851
Restricted Stock Units
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Grants in Period, Weighted Average Grant Date Fair Value	$ 23.84	$ 26.04
Restricted Stock Units Outstanding, Shares Granted	644,340
Performance Based Shares
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Restricted Stock Units Outstanding, Shares Granted	221,710
Non-Performance Based Shares
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Restricted Stock Units Outstanding, Shares Granted	422,630

FAIR VALUE MEASUREMENTS (Assets

FAIR VALUE MEASUREMENTS (Assets Measured at Fair Value on Recurring Basis) (Detail) - USD ($) $ in Thousands	Dec. 31, 2016	Jun. 30, 2016	Dec. 31, 2015
Available-for-Sale Investments:
Marketable Securities, short-term	$ 3,844	$ 3,609	$ 3,493
Institutional Loans Receivable, Net	45,982	49,025	49,547
Level 1
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Cash and Cash Equivalents	199,945	308,164	178,193
Available-for-Sale Investments:
Marketable Securities, short-term	3,844	3,609	3,493
Institutional Loans Receivable, Net	0	0	0
Deferred Acquisition Obligations	0	0	0
FIES Long-Term Receivable	0	0
Total Financial Assets at Fair Value	203,789	311,773	181,686
Level 2
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Cash and Cash Equivalents	0	0	0
Available-for-Sale Investments:
Marketable Securities, short-term	0	0	0
Institutional Loans Receivable, Net	45,982	49,025	49,547
Deferred Acquisition Obligations	29,499	32,121	31,656
FIES Long-Term Receivable	13,151	13,057
Total Financial Assets at Fair Value	88,632	94,203	81,203
Level 3
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Cash and Cash Equivalents	0	0	0
Available-for-Sale Investments:
Marketable Securities, short-term	0	0	0
Institutional Loans Receivable, Net	0	0	0
Deferred Acquisition Obligations	0	0	0
FIES Long-Term Receivable	0	0
Total Financial Assets at Fair Value	$ 0	$ 0	$ 0

FAIR VALUE MEASUREMENTS - Addit

FAIR VALUE MEASUREMENTS - Additional Information (Detail) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2016	Dec. 31, 2015	Jun. 30, 2016
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Disposal Group, Including Discontinued Operation, Property, Plant and Equipment	$ 11,280	$ 0	$ 11,280	$ 0	$ 0
Impairment of Long-Lived Assets to be Disposed of	4,764	0	4,764	0
Accrued Expenses [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Deferred Acquisition Obligations	15,100	10,900	15,100	10,900	7,700
Deferred Rent and Other Liabilities [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Deferred Acquisition Obligations	$ 14,400	$ 20,700	$ 14,400	$ 20,700	$ 24,400

FINANCING RECEIVABLES (Institut

FINANCING RECEIVABLES (Institutional Loan Balances and Related Allowances for Credit Losses) (Detail) - USD ($) $ in Thousands	6 Months Ended		12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Jun. 30, 2016
Financing Receivables [Line Items]
Gross Institutional Loans	$ 55,782	$ 71,712	$ 69,825
Allowance for Credit Losses:
Balance at July 1	(20,800)	(20,630)	(20,630)
Charge-offs and Adjustments	16,281	4,856	7,388
Recoveries	(438)	(434)	(461)
Additional Provision	(4,843)	(5,957)	(7,097)
Balance at End of Period	(9,800)	(22,165)	(20,800)
Net Institutional Loans	$ 45,982	$ 49,547	$ 49,025

FINANCING RECEIVABLES (Credit R

FINANCING RECEIVABLES (Credit Risk Profiles of Institutional Loan Balance) (Detail) - USD ($) $ in Thousands	Dec. 31, 2016	Jun. 30, 2016	Dec. 31, 2015
Financing Receivables [Line Items]
Total Institutional Loans	$ 55,782	$ 69,825	$ 71,712
Credit Risk Profiles Of Institutional Loans
Financing Receivables [Line Items]
Total Institutional Loans	55,782	69,825	71,712
Performing | Credit Risk Profiles Of Institutional Loans
Financing Receivables [Line Items]
Total Institutional Loans	48,010	50,045	52,669
Nonperforming | Credit Risk Profiles Of Institutional Loans
Financing Receivables [Line Items]
Total Institutional Loans	$ 7,772	$ 19,780	$ 19,043

FINANCING RECEIVABLES (Instit47

FINANCING RECEIVABLES (Institutional Loans Past Due) (Detail) - USD ($) $ in Thousands	Dec. 31, 2016	Jun. 30, 2016	Dec. 31, 2015
Financing Receivable, Recorded Investment, Past Due [Line Items]
Institutional Loans, Past Due	$ 18,550	$ 30,254	$ 28,973
Institutional Loans, Current	37,232	39,571	42,739
Total Institutional Loans	55,782	69,825	71,712
Financing Receivables, 30 to 59 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Institutional Loans, Past Due	5,863	8,038	6,303
Financing Receivables, 60 to 89 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Institutional Loans, Past Due	2,998	1,512	2,004
Financing Receivables 90 To 119 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Institutional Loans, Past Due	1,917	924	1,623
Financing Receivables Greater Than 120 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Institutional Loans, Past Due	$ 7,772	$ 19,780	$ 19,043

FINANCING RECEIVABLES - Additio

FINANCING RECEIVABLES - Additional Information (Detail) - USD ($) $ in Thousands	6 Months Ended
	Dec. 31, 2016	Jun. 30, 2016	Dec. 31, 2015	Jun. 30, 2015
Financing Receivables [Line Items]
Number of days past due, to consider loans as nonperforming	120 days
Financing Receivable Allowance For Credit Losses	$ 9,800	$ 20,800	$ 22,165	$ 20,630
Notes Receivable Gross	55,782	69,825	71,712
Federal Trade Commission Settlement Agreement [Member] | Institutional Loan [Member]
Financing Receivables [Line Items]
Financing Receivable Allowance For Credit Losses	13,400
Notes Receivable Gross	17,500
Forgivable Of Loan	12,900
Nonperforming loan
Financing Receivables [Line Items]
Impaired Financing Receivable, with Related Allowance, Recorded Investment	7,800	19,800	19,000
Impaired Financing Receivable, Related Allowance	7,700	19,700	17,200
Accounts Receivable
Financing Receivables [Line Items]
Net Institutional Student Loans, classified as Accounts Receivable	18,800	21,700	23,600
Other Assets
Financing Receivables [Line Items]
Net Institutional Student Loans, classified as Other Assets	$ 27,200	$ 27,300	$ 25,900
Becker
Financing Receivables [Line Items]
Term of loan, in months	18 months

DIVIDENDS AND SHARE REPURCHAS49

DIVIDENDS AND SHARE REPURCHASE PROGRAMS (Shares Repurchased under Programs) (Detail) $ in Millions	6 Months Ended
	Dec. 31, 2016USD ($)shares
Stock Repurchase Programs Total
Share Repurchases [Line Items]
Shares Repurchased | shares	14,405,629
Total Cost | $	$ 530.2
Authorized on November 15, 2006
Share Repurchases [Line Items]
Shares Repurchased | shares	908,399
Total Cost | $	$ 35
Authorized on May 13, 2008
Share Repurchases [Line Items]
Shares Repurchased | shares	1,027,417
Total Cost | $	$ 50
Authorized on November 11, 2009
Share Repurchases [Line Items]
Shares Repurchased | shares	972,205
Total Cost | $	$ 50
Authorized on August 11, 2010
Share Repurchases [Line Items]
Shares Repurchased | shares	1,103,628
Total Cost | $	$ 50
Authorized on November 10, 2010
Share Repurchases [Line Items]
Shares Repurchased | shares	968,105
Total Cost | $	$ 50
Authorized on May 20, 2011
Share Repurchases [Line Items]
Shares Repurchased | shares	2,396,143
Total Cost | $	$ 100
Authorized on November 2, 2011
Share Repurchases [Line Items]
Shares Repurchased | shares	3,478,299
Total Cost | $	$ 100
Authorized On August 29, 2012
Share Repurchases [Line Items]
Shares Repurchased | shares	2,005,317
Total Cost | $	$ 62.7
Authorized On December 15, 2015
Share Repurchases [Line Items]
Shares Repurchased | shares	1,546,116
Total Cost | $	$ 32.5

DIVIDENDS AND SHARE REPURCHAS50

DIVIDENDS AND SHARE REPURCHASE PROGRAMS - Additional Information (Detail) - USD ($) $ in Millions	1 Months Ended			6 Months Ended
	Dec. 22, 2016	Jun. 24, 2016	Dec. 23, 2015	Dec. 31, 2016	Dec. 15, 2015
Ninth share repurchase plan [Member]
Share Repurchases [Line Items]
Treasury Stock Shares Acquired				676,814
Treasury Stock Value Acquired Cost Method				$ 16.4
Maximum | Ninth share repurchase plan [Member]
Share Repurchases [Line Items]
Authorized amount for repurchase					$ 100
DeVry Group [Member]
Share Repurchases [Line Items]
Payments of Dividends	$ 11.4	$ 11.6	$ 11.6

BUSINESS COMBINATIONS (Estimate

BUSINESS COMBINATIONS (Estimated Fair Values of Assets Acquired and Liabilities Assumed) (Detail) - USD ($) $ in Thousands	Dec. 31, 2016	Jul. 02, 2016	Jun. 30, 2016	Jun. 01, 2016	Dec. 31, 2015	Dec. 15, 2015
Business Acquisition [Line Items]
Goodwill	$ 854,838		$ 588,007		$ 542,994
Association Of Certified Anti-Money Laundering Specialists [Member]
Business Acquisition [Line Items]
Current Assets		$ 24,895
Property and Equipment		432
Other Long-term Assets		3,200
Intangible Assets		88,600
Goodwill		274,620
Total Assets Acquired		391,747
Liabilities Assumed		37,619
Net Assets Acquired		$ 354,128
Faculdade de Imperatriz [Member]
Business Acquisition [Line Items]
Current Assets				$ 1,626
Property and Equipment				291
Intangible Assets				2,652
Goodwill				4,997
Total Assets Acquired				9,566
Liabilities Assumed				2,756
Net Assets Acquired				$ 6,810
Grupo Ibmec Educacional S A [Member]
Business Acquisition [Line Items]
Current Assets						$ 27,615
Property and Equipment						17,968
Other Long-term Assets						2,639
Intangible Assets						59,275
Goodwill						107,888
Total Assets Acquired						215,385
Liabilities Assumed						24,423
Net Assets Acquired						$ 190,962

BUSINESS COMBINATIONS (Acquired

BUSINESS COMBINATIONS (Acquired Intangible Assets Subject to Amortization and Values and Estimated Useful Lives) (Detail) - USD ($) $ in Thousands	Jul. 02, 2016	Dec. 15, 2015
Association Of Certified Anti-Money Laundering Specialists [Member]
Business Acquisition [Line Items]
Amortizable intangible assets, estimated useful lives	9 years
Association Of Certified Anti-Money Laundering Specialists [Member] | Customer Relationships [Member]
Business Acquisition [Line Items]
Amortizable intangible assets	$ 42,500
Amortizable intangible assets, estimated useful lives	10 years
Association Of Certified Anti-Money Laundering Specialists [Member] | Curriculum Software [Member]
Business Acquisition [Line Items]
Amortizable intangible assets	$ 5,000
Amortizable intangible assets, estimated useful lives	3 years
Association Of Certified Anti-Money Laundering Specialists [Member] | Noncompete Agreements [Member]
Business Acquisition [Line Items]
Amortizable intangible assets	$ 700
Amortizable intangible assets, estimated useful lives	1 year
Association Of Certified Anti-Money Laundering Specialists [Member] | Proprietary Technology [Member]
Business Acquisition [Line Items]
Amortizable intangible assets	$ 500
Amortizable intangible assets, estimated useful lives	4 years
Grupo Ibmec Educacional S A [Member]
Business Acquisition [Line Items]
Amortizable intangible assets, estimated useful lives		5 years
Grupo Ibmec Educacional S A [Member] | Student Relationships [Member]
Business Acquisition [Line Items]
Amortizable intangible assets		$ 4,360
Amortizable intangible assets, estimated useful lives		5 years
Grupo Ibmec Educacional S A [Member] | Curriculum Software [Member]
Business Acquisition [Line Items]
Amortizable intangible assets		$ 1,821
Amortizable intangible assets, estimated useful lives		5 years

BUSINESS COMBINATIONS - Additio

BUSINESS COMBINATIONS - Additional Information (Detail) $ in Thousands	Jul. 02, 2016USD ($)	Jun. 01, 2016USD ($)	Dec. 15, 2015USD ($)
Grupo Ibmec Educacional S A [Member]
Business Acquisition [Line Items]
Acquired Finite Lived Intangible Assets Weighted Average Useful Life			5 years
Number Of Students In Degree Programs			15,000
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Intangible Assets, Other than Goodwill			$ 59,275
Payments to Acquire Businesses, Gross			180,500
Business Combination, Consideration Transferred			$ 191,000
Business Acquisition, Percentage of Voting Interests Acquired			100.00%
Business Combination, Contingent Consideration			$ 10,500
Grupo Ibmec Educacional S A [Member] | Trade Name [Member]
Business Acquisition [Line Items]
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Indefinite-Lived Intangible Assets			18,400
Grupo Ibmec Educacional S A [Member] | Accreditations [Member]
Business Acquisition [Line Items]
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Intangible Assets, Other than Goodwill			$ 34,700
Faculdade de Imperatriz [Member]
Business Acquisition [Line Items]
Number Of Students In Degree Programs		2,000
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Intangible Assets, Other than Goodwill		$ 2,652
Payments to Acquire Businesses, Gross		3,500
Business Combination, Consideration Transferred		$ 6,800
Business Acquisition, Percentage of Voting Interests Acquired		100.00%
Business Combination, Contingent Consideration		$ 3,300
Faculdade de Imperatriz [Member] | Trade Name [Member]
Business Acquisition [Line Items]
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Indefinite-Lived Intangible Assets		500
Faculdade de Imperatriz [Member] | Accreditations [Member]
Business Acquisition [Line Items]
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Intangible Assets, Other than Goodwill		$ 2,100
Association Of Certified Anti-Money Laundering Specialists [Member]
Business Acquisition [Line Items]
Acquired Finite Lived Intangible Assets Weighted Average Useful Life	9 years
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Intangible Assets, Other than Goodwill	$ 88,600
Payments to Acquire Businesses, Gross	$ 330,600
Business Acquisition, Percentage of Voting Interests Acquired	100.00%
Cash Acquired from Acquisition	$ 23,500
Association Of Certified Anti-Money Laundering Specialists [Member] | Revolving Credit Facility [Member]
Business Acquisition [Line Items]
Long-term Line of Credit	175,000
Association Of Certified Anti-Money Laundering Specialists [Member] | Trade Name [Member]
Business Acquisition [Line Items]
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Indefinite-Lived Intangible Assets	$ 39,900

INTANGIBLE ASSETS (Schedule of

INTANGIBLE ASSETS (Schedule of Intangible Assets) (Detail) - USD ($) $ in Thousands	6 Months Ended
	Dec. 31, 2016	Jun. 30, 2016	Dec. 31, 2015
Intangible Assets [Line Items]
Amortizable Intangible Assets, Gross Carrying Amount	$ 78,185	$ 32,465	$ 31,625
Amortizable Intangible Assets, Accumulated Amortization	(16,508)	(11,835)	(10,356)
Indefinite-lived Intangible Assets, Gross Carrying Amount	359,851	322,226	336,632
Student Relationships [Member]
Intangible Assets [Line Items]
Amortizable Intangible Assets, Gross Carrying Amount	12,657	14,530	11,739
Amortizable Intangible Assets, Accumulated Amortization	$ (8,324)	(7,150)	(4,128)
Amortizable Intangible Assets, Weighted Average Amortization Period	5 years
Customer Relationships [Member]
Intangible Assets [Line Items]
Amortizable Intangible Assets, Gross Carrying Amount	$ 42,900	400	400
Amortizable Intangible Assets, Accumulated Amortization	$ (2,547)	(170)	(150)
Amortizable Intangible Assets, Weighted Average Amortization Period	10 years
Test Prep Relationships [Member]
Intangible Assets [Line Items]
Amortizable Intangible Assets, Gross Carrying Amount			808
Amortizable Intangible Assets, Accumulated Amortization			(741)
Non-compete Agreements [Member]
Intangible Assets [Line Items]
Amortizable Intangible Assets, Gross Carrying Amount	$ 1,640	940	940
Amortizable Intangible Assets, Accumulated Amortization	$ (1,226)	(799)	(705)
Amortizable Intangible Assets, Weighted Average Amortization Period	3 years
Curriculum/Software [Member]
Intangible Assets [Line Items]
Amortizable Intangible Assets, Gross Carrying Amount	$ 8,143	4,038	3,692
Amortizable Intangible Assets, Accumulated Amortization	$ (2,206)	(1,914)	(1,587)
Amortizable Intangible Assets, Weighted Average Amortization Period	4 years
Outplacement Relationships [Member]
Intangible Assets [Line Items]
Amortizable Intangible Assets, Gross Carrying Amount			3,900
Amortizable Intangible Assets, Accumulated Amortization			(1,894)
Franchise Contracts [Member]
Intangible Assets [Line Items]
Amortizable Intangible Assets, Gross Carrying Amount	$ 10,783	10,968	8,861
Amortizable Intangible Assets, Accumulated Amortization	$ (1,148)	(863)	(451)
Amortizable Intangible Assets, Weighted Average Amortization Period	18 years
Proprietary Technology [Member]
Intangible Assets [Line Items]
Amortizable Intangible Assets, Gross Carrying Amount	$ 500
Amortizable Intangible Assets, Accumulated Amortization	$ (63)
Amortizable Intangible Assets, Weighted Average Amortization Period	4 years
Trade Names [Member]
Intangible Assets [Line Items]
Amortizable Intangible Assets, Gross Carrying Amount	$ 1,163	1,183	957
Amortizable Intangible Assets, Accumulated Amortization	(901)	(858)	(645)
Indefinite-lived Intangible Assets, Gross Carrying Amount	$ 110,048	70,731	63,667
Amortizable Intangible Assets, Weighted Average Amortization Period	10 years
Trademarks [Member]
Intangible Assets [Line Items]
Indefinite-lived Intangible Assets, Gross Carrying Amount	$ 1,645	1,645	1,645
Ross Title IV Eligibility and Accreditations [Member]
Intangible Assets [Line Items]
Indefinite-lived Intangible Assets, Gross Carrying Amount	14,100	14,100	14,100
Intellectual Property [Member]
Intangible Assets [Line Items]
Indefinite-lived Intangible Assets, Gross Carrying Amount	13,940	13,940	13,940
Chamberlain Title IV Eligibility and Accreditations [Member]
Intangible Assets [Line Items]
Indefinite-lived Intangible Assets, Gross Carrying Amount	1,200	1,200	1,200
Carrington Title IV Eligibility and Accreditations [Member]
Intangible Assets [Line Items]
Indefinite-lived Intangible Assets, Gross Carrying Amount	20,200	20,200	60,700
Devry Brasil Accreditations [Member]
Intangible Assets [Line Items]
Indefinite-lived Intangible Assets, Gross Carrying Amount	98,718	100,410	81,380
AUC Title IV Eligibility and Accreditations [Member]
Intangible Assets [Line Items]
Indefinite-lived Intangible Assets, Gross Carrying Amount	100,000	100,000	100,000
Clinical Agreements [Member]
Intangible Assets [Line Items]
Amortizable Intangible Assets, Gross Carrying Amount	399	406	328
Amortizable Intangible Assets, Accumulated Amortization	$ (93)	$ (81)	$ (55)
Amortizable Intangible Assets, Weighted Average Amortization Period	15 years

INTANGIBLE ASSETS (Estimated Am

INTANGIBLE ASSETS (Estimated Amortization Expense for Amortized Intangible Assets) (Detail) $ in Thousands	Dec. 31, 2016USD ($)
Intangible Assets [Line Items]
2,017	$ 11,117
2,018	9,413
2,019	8,515
2,020	6,145
2,021	5,363
Thereafter	26,811
Devry Brasil [Member]
Intangible Assets [Line Items]
2,017	3,635
2,018	2,912
2,019	2,093
2,020	1,474
2,021	923
Thereafter	7,125
Becker [Member]
Intangible Assets [Line Items]
2,017	7,482
2,018	6,501
2,019	6,422
2,020	4,671
2,021	4,440
Thereafter	$ 19,686

INTANGIBLE ASSETS (Summary of G

INTANGIBLE ASSETS (Summary of Goodwill Balances by Reporting Unit) (Detail) - USD ($) $ in Thousands	Dec. 31, 2016	Jun. 30, 2016	Dec. 31, 2015
Intangible Assets [Line Items]
Goodwill	$ 854,838	$ 588,007	$ 542,994
AUC [Member]
Intangible Assets [Line Items]
Goodwill	68,321	68,321	68,321
RUSM and RUSVM [Member]
Intangible Assets [Line Items]
Goodwill	237,173	237,173	237,173
Chamberlain [Member]
Intangible Assets [Line Items]
Goodwill	4,716	4,716	4,716
Carrington [Member]
Intangible Assets [Line Items]
Goodwill	0	0	5,811
DeVry Brasil [Member]
Intangible Assets [Line Items]
Goodwill	216,050	223,558	172,274
Becker [Member]
Intangible Assets [Line Items]
Goodwill	306,382	32,043	32,503
DeVry University [Member]
Intangible Assets [Line Items]
Goodwill	$ 22,196	$ 22,196	$ 22,196

INTANGIBLE ASSETS (Summary of57

INTANGIBLE ASSETS (Summary of Goodwill Balances by Reporting Segment) (Detail) - USD ($) $ in Thousands	Dec. 31, 2016	Jun. 30, 2016	Dec. 31, 2015
Intangible Assets [Line Items]
Goodwill	$ 854,838	$ 588,007	$ 542,994
Medical And Healthcare [Member]
Intangible Assets [Line Items]
Goodwill	310,210	310,210	316,021
International And Professional Education [Member]
Intangible Assets [Line Items]
Goodwill	522,432	255,601	204,777
Business Technology And Management [Member]
Intangible Assets [Line Items]
Goodwill	$ 22,196	$ 22,196	$ 22,196

INTANGIBLE ASSETS (Changes in C

INTANGIBLE ASSETS (Changes in Carrying Amount of Goodwill, by Segment) (Detail) - USD ($) $ in Thousands	6 Months Ended			12 Months Ended
	Dec. 31, 2016	Jun. 30, 2016	Dec. 31, 2015	Jun. 30, 2015
Goodwill [Line Items]
Goodwill beginning balance	$ 588,007	$ 542,994	$ 552,329	$ 519,879
Purchase Accounting Adjustment	(3,122)	4,575
Acquisitions	274,620	11,394	104,613	55,915
Foreign currency exchange rate changes	(4,667)	34,855	(20,975)	(23,465)
Goodwill ending balance	854,838	588,007	542,994	552,329
Impairments		(5,811)	(92,973)
Medical And Healthcare [Member]
Goodwill [Line Items]
Goodwill beginning balance	495,927	495,927	495,927	495,927
Purchase Accounting Adjustment	0	0
Acquisitions	0	0	0	0
Foreign currency exchange rate changes	0	0	0	0
Goodwill ending balance	495,927	495,927	495,927	495,927
Accumulated Impairment Losses beginning balance	(185,717)	(179,906)	(86,933)	(86,933)
Impairments		(5,811)	(92,973)
Accumulated Impairment Losses ending balance	(185,717)	(185,717)	(179,906)	(86,933)
International And Professional Education [Member]
Goodwill [Line Items]
Goodwill beginning balance	255,601	204,777	121,139	88,689
Purchase Accounting Adjustment	(3,122)	4,575
Acquisitions	274,620	11,394	104,613	55,915
Foreign currency exchange rate changes	(4,667)	34,855	(20,975)	(23,465)
Goodwill ending balance	522,432	255,601	204,777	121,139
Impairments		0	0
Business Technology And Management [Member]
Goodwill [Line Items]
Goodwill beginning balance	22,196	22,196	22,196	22,196
Purchase Accounting Adjustment	0	0
Acquisitions	0	0	0	0
Foreign currency exchange rate changes	0	0	0	0
Goodwill ending balance	$ 22,196	22,196	22,196	$ 22,196
Impairments		$ 0	$ 0

INTANGIBLE ASSETS (Summary of I

INTANGIBLE ASSETS (Summary of Indefinite-Lived Intangible Assets Balances by Reporting Unit) (Detail) - USD ($) $ in Thousands	Dec. 31, 2016	Jun. 30, 2016	Dec. 31, 2015
Indefinite-lived Intangible Assets [Line Items]
Indefinite-lived intangible assets balances	$ 359,851	$ 322,226	$ 336,632
Medical and Healthcare
Indefinite-lived Intangible Assets [Line Items]
Indefinite-lived intangible assets balances	157,700	157,700	198,200
International and Professional Education
Indefinite-lived Intangible Assets [Line Items]
Indefinite-lived intangible assets balances	200,506	162,881	136,787
Business, Technology and Management
Indefinite-lived Intangible Assets [Line Items]
Indefinite-lived intangible assets balances	$ 1,645	$ 1,645	$ 1,645

INTANGIBLE ASSETS - Additional

INTANGIBLE ASSETS - Additional Information (Detail) - USD ($) $ in Thousands	1 Months Ended	3 Months Ended			6 Months Ended			12 Months Ended
	May 31, 2016	Dec. 31, 2016	Jun. 30, 2016	Dec. 31, 2015	Dec. 31, 2016	Jun. 30, 2016	Dec. 31, 2015	Jun. 30, 2015
Intangible Assets [Line Items]
Amortization of Intangible Assets		$ 2,432		$ 1,378	$ 5,695		$ 2,550
Indefinite-lived Intangible Assets, Period Increase (Decrease)					37,600
Goodwill		854,838	$ 588,007	542,994	854,838	$ 588,007	542,994
Intangible Assets, Net (Excluding Goodwill), Total		$ 421,528	342,856	357,901	$ 421,528	342,856	357,901
Percentage Of Intangible Assets Including Goodwill		55.00%			55.00%
Goodwill, Acquired During Period					$ 274,620	11,394	104,613	$ 55,915
Devry University [Member]
Intangible Assets [Line Items]
Fair Value In Excess Of Carrying Value Percentage	6.00%
Goodwill		$ 22,196	22,196	22,196	$ 22,196	22,196	22,196
Percentage of Decline In Revenue					23.90%
Potential Impairment Of Goodwill And Intangible Assets					$ 23,800
Percentage Of Cost Savings On Revenue Decline	90.00%
Carrington [Member]
Intangible Assets [Line Items]
Goodwill		0	0	$ 5,811	0	$ 0	$ 5,811
Potential Impairment Of Intangible Assets		$ 20,200			20,200
Carrington [Member] | Title Four Eligibility And Accreditations [Member]
Intangible Assets [Line Items]
Goodwill and Intangible Asset Impairment, Total			$ 48,200
Association Of Certified Anti-Money Laundering Specialists [Member]
Intangible Assets [Line Items]
Indefinite-lived Intangible Assets Acquired					39,900
Goodwill, Acquired During Period					$ 274,600

RESTRUCTURING CHARGES (Separati

RESTRUCTURING CHARGES (Separation and Restructuring Plan Activity) (Detail) - USD ($) $ in Millions	6 Months Ended	12 Months Ended
	Dec. 31, 2016	Jun. 30, 2016
Restructuring Cost and Reserve [Line Items]
Liability beginning balance	$ 48.2	$ 27
Increase in liability (separation and other charges)	5.8	67.5
Reduction in liability (payments and adjustments)	(16)	(46.3)
Liability ending balance	$ 38	$ 48.2

RESTRUCTURING CHARGES - Additio

RESTRUCTURING CHARGES - Additional Information (Detail) $ in Thousands	3 Months Ended		6 Months Ended
	Dec. 31, 2016USD ($)	Dec. 31, 2015USD ($)	Dec. 31, 2016USD ($)	Dec. 31, 2015USD ($)
Restructuring Cost and Reserve [Line Items]
Restructuring and Related Cost, Number of Positions Eliminated				187
Restructuring Charges, Total	$ 5,050	$ 12,923	$ 10,097	$ 36,997
Severance
Restructuring Cost and Reserve [Line Items]
Severance Costs		500		5,800
Real Estate
Restructuring Cost and Reserve [Line Items]
Restructuring Charges, Total	5,100	$ 12,400	10,100	31,200
Business, Technology and Management
Restructuring Cost and Reserve [Line Items]
Restructuring Charges, Total			4,000	36,900
Medical and Healthcare
Restructuring Cost and Reserve [Line Items]
Restructuring Charges, Total			3,700	$ 100
DeVry Home Office [Member]
Restructuring Cost and Reserve [Line Items]
Restructuring Charges, Total			2,400
DeVry Group
Restructuring Cost and Reserve [Line Items]
Restructuring Reserve, Noncurrent	22,700		22,700
Restructuring Reserve, Current	$ 15,300		$ 15,300

INCOME TAXES - Additional Infor

INCOME TAXES - Additional Information (Detail) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2016	Dec. 31, 2015	Jun. 30, 2016
Income Tax Contingency [Line Items]
Undistributed Earnings of Foreign Subsidiaries	$ 962,000	$ 829,000	$ 962,000	$ 829,000	$ 891,000
Effective Income Tax Rate Reconciliation, Percent, Total	(316.80%)		(12.10%)
Income Tax Expense (Benefit)	$ (11,216)	$ (7,514)	$ (4,315)	$ (6,853)
Effective Income Tax Rate Excluding Settlements	18.20%	13.00%	19.40%	13.20%

DEBT - Additional Information (

DEBT - Additional Information (Detail) - USD ($) $ in Millions	3 Months Ended	6 Months Ended
	Dec. 31, 2016	Dec. 31, 2016	Oct. 11, 2016	Sep. 30, 2016	Jun. 30, 2016	Dec. 31, 2015
Revolving Credit Facility
Line of Credit Facility [Line Items]
Line of Credit Facility, Maximum Borrowing Capacity	$ 550	$ 550
Letters of Credit Outstanding, Amount	68.5	$ 68.5			$ 0.1	$ 0.1
Line Of Credit Facility Unused Capacity Commitment Fee Percentage		0.35%
Line of Credit Facility, Current Borrowing Capacity	$ 400	$ 400
Letter of Credit Annual Fee Percentage	2.00%	2.00%
Line of Credit Facility, Expiration Date		Mar. 31, 2020
Foreign Currency Borrowing Capacity	$ 200	$ 200
Line of Credit Facility, Initiation Date		Mar. 31, 2015
Long-term Line of Credit	$ 225	$ 225
Debt, Weighted Average Interest Rate	2.73%	2.73%
Revolving Credit Facility | Minimum [Member]
Line of Credit Facility [Line Items]
Line of Credit Facility, Interest Rate During Period		1.00%
Revolving Credit Facility | Maximum [Member]
Line of Credit Facility [Line Items]
Line of Credit Facility, Interest Rate During Period		2.00%
Revolving Credit Facility | Prime Rate | Minimum [Member]
Line of Credit Facility [Line Items]
Line of Credit Facility, Interest Rate During Period		2.00%
Revolving Credit Facility | Prime Rate | Maximum [Member]
Line of Credit Facility [Line Items]
Line of Credit Facility, Interest Rate During Period		3.00%
Letter of Credit
Line of Credit Facility [Line Items]
Line of Credit Facility, Maximum Borrowing Capacity			$ 100	$ 50
Letter Of Credit Title IV Disbursement, Amount	$ 68.4	$ 68.4

COMMITMENTS AND CONTINGENCIES -

COMMITMENTS AND CONTINGENCIES - Additional Information (Detail) - USD ($) $ in Thousands	3 Months Ended	6 Months Ended
	Dec. 31, 2016	Dec. 31, 2016
Inquiry Settlement	$ 2,250	$ 2,250
Inquiry Settlement Penalties	500	500
Permanent Injunction And Monetary Judgment Agreement [Member]
Forgivable Of Loan	30,400	30,400
Forgiveable Of Account Receivable	20,200	20,200
Settlement Payment	49,400	$ 49,400
Letter of Credit
Letter Of Credit Title IV Percentage		10.00%
Letter Of Credit Title IV Disbursement, Amount	$ 68,400	$ 68,400
Letter Of Credit Provisional Certification Term		5 years

SEGMENT INFORMATION (Tabulation

SEGMENT INFORMATION (Tabulation of Business Segment Information Based on Current Segmentation) (Detail) - USD ($) $ in Thousands		3 Months Ended		6 Months Ended
		Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2016	Dec. 31, 2015	Jun. 30, 2016
Segment Reporting Information [Line Items]
Total Consolidated Revenue		$ 456,350	$ 456,203	$ 906,242	$ 897,615
Total Consolidated Operating Income (Loss)		4,846	(56,377)	37,953	(48,132)
Interest Income		993	240	2,051	367
Interest Expense		(2,300)	(1,847)	(4,415)	(4,173)
Net Interest Expense		(1,307)	(1,607)	(2,364)	(3,806)
Total Consolidated Income (Loss) Before Income Taxes		3,539	(57,984)	35,589	(51,938)
Total Consolidated Assets		2,301,433	1,892,540	2,301,433	1,892,540	$ 2,096,996
Total Consolidated Additions to Long-lived Assets		9,088	199,004	384,058	221,757
Total Consolidated Depreciation		18,091	19,693	35,567	39,370
Total Consolidated Amortization		2,432	1,378	5,695	2,550
Reconciliation to Consolidated Financial Statements [Member]
Segment Reporting Information [Line Items]
Capital Expenditures		9,088	18,295	20,406	41,048
Increase in Capital Assets from Acquisitions		0	13,487	4,913	13,487
Increase in Intangible Assets and Goodwill		0	167,222	358,739	167,222
Total Consolidated Additions to Long-lived Assets		9,088	199,004	384,058	221,757
Medical and Healthcare
Segment Reporting Information [Line Items]
Total Consolidated Revenue		233,855	234,374	470,609	458,358
Total Consolidated Operating Income (Loss)		45,872	(56,941)	87,714	(22,688)
Total Consolidated Assets		932,085	914,206	932,085	914,206
Total Consolidated Additions to Long-lived Assets		4,100	7,813	8,610	18,481
Total Consolidated Depreciation		7,921	8,046	15,590	15,980
Total Consolidated Amortization		0	65	0	125
International and Professional Education
Segment Reporting Information [Line Items]
Total Consolidated Revenue		100,752	62,403	193,722	121,076
Total Consolidated Operating Income (Loss)		13,616	7,846	17,697	9,884
Total Consolidated Assets		1,041,764	537,397	1,041,764	537,397
Total Consolidated Additions to Long-lived Assets		2,828	183,499	371,271	189,160
Total Consolidated Depreciation		2,349	1,312	4,457	2,746
Total Consolidated Amortization		2,432	1,313	5,695	2,425
Business, Technology and Management
Segment Reporting Information [Line Items]
Total Consolidated Revenue		122,395	160,212	243,285	319,678
Total Consolidated Operating Income (Loss)	[1]	600	(4,362)	(7,385)	(29,611)
Total Consolidated Assets		213,431	355,113	213,431	355,113
Total Consolidated Additions to Long-lived Assets		845	3,346	1,635	6,529
Total Consolidated Depreciation		4,761	7,156	9,524	14,465
Intersegment Revenue and Other
Segment Reporting Information [Line Items]
Total Consolidated Revenue		(652)	(786)	(1,374)	(1,497)
Home Office And Other
Segment Reporting Information [Line Items]
Total Consolidated Operating Income (Loss)	[1]	(55,242)	(2,920)	(60,073)	(5,717)
Total Consolidated Assets	[2]	114,153	85,824	114,153	85,824
Total Consolidated Additions to Long-lived Assets		1,315	4,346	2,542	7,587
Total Consolidated Depreciation		$ 3,060	$ 3,179	$ 5,996	$ 6,179
[1]	Business, Technology and Management and Home Office and Other Operating Income (Loss) includes $4.1 million and $52.2 million in charges, respectively, in the three and six months ended December 31, 2016 for regulatory settlements as described in "Note 3: Regulatory Settlements."
[2]	Home Office and Other Segment Assets in fiscal year 2016 have been revised to reflect the reclassification of deferred tax assets and liabilities related to adoption of ASU No. 2015-17 "Income Taxes (Topic 740): Balance Sheet Classification of Deferred Taxes."

SEGMENT INFORMATION (Revenues a

SEGMENT INFORMATION (Revenues and Long-Lived Assets by Geographic Area) (Detail) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2016	Dec. 31, 2015
Segment Reporting Information [Line Items]
Total Consolidated Revenue from Unaffiliated Customers	$ 456,350	$ 456,203	$ 906,242	$ 897,615
Total Consolidated Long-lived Assets	571,016	607,729	571,016	607,729
Domestic Operations
Segment Reporting Information [Line Items]
Total Consolidated Revenue from Unaffiliated Customers	293,588	321,729	595,620	645,725
Total Consolidated Long-lived Assets	265,549	338,048	265,549	338,048
Dominica and St. Kitts, St. Maarten
Segment Reporting Information [Line Items]
Total Consolidated Revenue from Unaffiliated Customers	88,542	91,851	176,846	174,700
Total Consolidated Long-lived Assets	190,796	185,605	190,796	185,605
Brazil
Segment Reporting Information [Line Items]
Total Consolidated Revenue from Unaffiliated Customers	73,387	40,089	131,627	73,342
Total Consolidated Long-lived Assets	111,096	84,019	111,096	84,019
Other
Segment Reporting Information [Line Items]
Total Consolidated Revenue from Unaffiliated Customers	833	2,534	2,149	3,848
Total Consolidated Long-lived Assets	3,575	57	3,575	57
International Operations
Segment Reporting Information [Line Items]
Total Consolidated Revenue from Unaffiliated Customers	162,762	134,474	310,622	251,890
Total Consolidated Long-lived Assets	$ 305,467	$ 269,681	$ 305,467	$ 269,681

SEGMENT INFORMATION - Additiona

SEGMENT INFORMATION - Additional Information (Detail) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2016	Dec. 31, 2015
Home Office And Other [Member]
Segment Reporting Information [Line Items]
Regulatory Settlement Charge	$ 52.2		$ 52.2
Business Technology And Management [Member]
Segment Reporting Information [Line Items]
Regulatory Settlement Charge	$ 4.1		$ 4.1
Sales Revenue, Net
Segment Reporting Information [Line Items]
Concentration Risk, Benchmark Description	less than 5%	less than 5%	less than 5%	less than 5%
Sales Revenue, Net | Entity Wide Revenue Major Customers
Segment Reporting Information [Line Items]
Concentration Risk, Percentage	10.00%	10.00%	10.00%	10.00%