Adtalem Global Education (ATGE) 10-Q 30 Oct 19 2020 Q1 Quarterly report Financial data

Document And Entity Information

Document And Entity Information - shares	3 Months Ended
	Sep. 30, 2019	Oct. 22, 2019
Document And Entity Information [Abstract]
Document Type	10-Q
Document Quarterly Report	true
Document Period End Date	Sep. 30, 2019
Document Transition Report	false
Entity File Number	1-13988
Entity Registrant Name	Adtalem Global Education Inc.
Entity Incorporation, State or Country Code	DE
Entity Tax Identification Number	36-3150143
Entity Address, Address Line One	500 WEST MONROE STREET
Entity Address, City or Town	CHICAGO
Entity Address, State or Province	IL
Entity Address, Postal Zip Code	60661
City Area Code	866
Local Phone Number	374-2678
Title of 12(b) Security	Common Stock
Trading Symbol	ATGE
Security Exchange Name	NYSE
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Large Accelerated Filer
Entity Small Business	false
Entity Emerging Growth Company	false
Entity Shell Company	false
Entity Common Stock, Shares Outstanding		53,995,000
Current Fiscal Year End Date	--06-30
Document Fiscal Year Focus	2020
Document Fiscal Period Focus	Q1
Entity Central Index Key	0000730464
Amendment Flag	false

CONSOLIDATED BALANCE SHEETS

CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Sep. 30, 2019	Jun. 30, 2019	Sep. 30, 2018
Current Assets:
Cash and Cash Equivalents	$ 121,079	$ 204,202	$ 334,222
Investments in Marketable Securities	8,763	8,680	8,402
Restricted Cash	710	1,022	877
Accounts Receivable, Net	116,212	83,560	108,213
Prepaid Expenses and Other Current Assets	39,476	29,313	60,031
Current Assets Held for Sale	169,873	177,923	227,641
Total Current Assets	456,113	504,700	739,386
Land, Building and Equipment:
Land	41,441	41,938	41,183
Building	309,893	322,657	288,438
Equipment	235,027	228,533	221,294
Construction in Progress	8,681	13,545	25,799
Land, Building and Equipment, Gross	595,042	606,673	576,714
Accumulated Depreciation	(314,219)	(323,240)	(306,340)
Land, Building and Equipment Held for Sale, Net	73,763	81,250	81,029
Land, Building and Equipment, Net	354,586	364,683	351,403
Noncurrent Assets:
Operating Lease Assets	195,238	0	0
Deferred Income Taxes	14,977	18,314	31,080
Intangible Assets, Net	295,324	297,989	240,166
Goodwill	686,992	687,256	627,239
Other Assets, Net	91,086	52,113	45,201
Other Assets Held for Sale	366,008	317,641	315,390
Total Noncurrent Assets	1,649,625	1,373,313	1,259,076
TOTAL ASSETS	2,460,324	2,242,696	2,349,865
Current Liabilities:
Accounts Payable	44,674	53,385	48,087
Accrued Salaries, Wages and Benefits	30,071	46,664	32,056
Accrued Liabilities	61,966	76,529	80,591
Deferred Revenue	168,533	95,944	173,856
Current Operating Lease Liabilities	54,057	0	0
Current Portion of Long-Term Debt	3,000	3,000	3,000
Current Liabilities Held for Sale	50,174	36,109	121,496
Total Current Liabilities	412,475	311,631	459,086
Noncurrent Liabilities:
Long-Term Debt	327,600	398,094	289,579
Long-Term Operating Lease Liabilities	192,055	0	0
Deferred Income Taxes	29,094	29,426	29,378
Other Liabilities	92,252	86,326	101,561
Noncurrent Liabilities Held for Sale	76,468	16,146	21,412
Total Noncurrent Liabilities	717,469	529,992	441,930
TOTAL LIABILITIES	1,129,944	841,623	901,016
COMMITMENTS AND CONTINGENCIES (NOTE 14)
NONCONTROLLING INTEREST	3,187	9,543	8,814
SHAREHOLDERS' EQUITY:
Common Stock, $0.01 Par Value, 200,000,000 Shares Authorized; 54,649,000, 55,303,000 and 59,120,000 Shares Outstanding at September 30, 2019, June 30, 2019 and September 30, 2018, respectively	805	801	798
Additional Paid-in Capital	492,151	486,061	469,545
Retained Earnings	2,027,263	2,012,902	1,908,465
Accumulated Other Comprehensive Loss	(176,739)	(137,290)	(163,168)
Treasury Stock, at Cost, 25,862,000, 24,830,000 and 20,727,000 Shares at September 30, 2019, June 30, 2019 and September 30, 2018, respectively	(1,016,287)	(970,944)	(775,605)
TOTAL SHAREHOLDERS' EQUITY	1,327,193	1,391,530	1,440,035
TOTAL LIABILITIES, NONCONTROLLING INTEREST AND SHAREHOLDERS' EQUITY	$ 2,460,324	$ 2,242,696	$ 2,349,865

CONSOLIDATED BALANCE SHEETS (Pa

CONSOLIDATED BALANCE SHEETS (Parenthetical) - $ / shares	Sep. 30, 2019	Jun. 30, 2019	Sep. 30, 2018
Statement of Financial Position [Abstract]
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	54,649,000	55,303,000	59,120,000
Treasury Stock, Shares	25,862,000	24,830,000	20,727,000

CONSOLIDATED STATEMENTS OF INCO

CONSOLIDATED STATEMENTS OF INCOME (LOSS) - USD ($) $ in Thousands	3 Months Ended
	Sep. 30, 2019	Sep. 30, 2018
Income Statement [Abstract]
REVENUE	$ 254,613	$ 236,939
OPERATING COST AND EXPENSE:
Cost of Educational Services	128,034	111,534
Student Services and Administrative Expense	99,087	89,164
Restructuring Expense	6,530	39,473
Loss on Disposals, Accelerated Depreciation and Adjustments to Land, Building and Equipment	(4,779)	0
Total Operating Cost and Expense	228,872	240,171
Operating Income (Loss) from Continuing Operations	25,741	(3,232)
OTHER INCOME (EXPENSE):
Interest and Dividend Income	678	969
Interest Expense	(5,328)	(4,918)
Investment Gain	23	0
Net Other Expense	(4,627)	(3,949)
Income (Loss) from Continuing Operations Before Income Taxes	21,114	(7,181)
Income Tax (Provision) Benefit	(3,706)	2,330
Income (Loss) from Continuing Operations	17,408	(4,851)
DISCONTINUED OPERATIONS (NOTE 2):
Loss from Discontinued Operations Before Income Taxes	(2,883)	(5,719)
Income Tax (Provision) Benefit	(273)	985
Loss from Discontinued Operations	(3,156)	(4,734)
NET INCOME (LOSS)	14,252	(9,585)
Net Loss Attributable to Noncontrolling Interest from Continuing Operations	109	64
Net Income Attributable to Noncontrolling Interest	0	(9)
NET INCOME (LOSS) ATTRIBUTABLE TO ADTALEM GLOBAL EDUCATION	14,361	(9,530)
AMOUNTS ATTRIBUTABLE TO ADTALEM GLOBAL EDUCATION:
Income (Loss) from Continuing Operations	17,517	(4,787)
Loss from Discontinued Operations	(3,156)	(4,743)
NET INCOME (LOSS) ATTRIBUTABLE TO ADTALEM GLOBAL EDUCATION	$ 14,361	$ (9,530)
Basic:
Continuing Operations	$ 0.32	$ (0.08)
Discontinued Operations	(0.06)	(0.08)
Total, basic	0.26	(0.16)
Diluted:
Continuing Operations	0.31	(0.08)
Discontinued Operations	(0.06)	(0.08)
Total, diluted	$ 0.26	$ (0.16)

CONSOLIDATED STATEMENTS OF COMP

CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (LOSS) - USD ($) $ in Thousands	3 Months Ended
	Sep. 30, 2019	Sep. 30, 2018
Condensed Financial Information of Parent Company Only Disclosure [Abstract]
NET INCOME (LOSS)	$ 14,252	$ (9,585)
OTHER COMPREHENSIVE INCOME (LOSS), NET OF TAX
Currency Translation Loss	(39,494)	(20,615)
Change in Fair Value of Available-For-Sale Securities	45	(4)
COMPREHENSIVE LOSS	(25,197)	(30,204)
COMPREHENSIVE LOSS ATTRIBUTABLE TO NONCONTROLLING INTEREST	184	669
COMPREHENSIVE LOSS ATTRIBUTABLE TO ADTALEM GLOBAL EDUCATION	$ (25,013)	$ (29,535)

CONSOLIDATED STATEMENTS OF CASH

CONSOLIDATED STATEMENTS OF CASH FLOWS $ in Thousands	3 Months Ended
	Sep. 30, 2019USD ($)	Sep. 30, 2018USD ($)
CASH FLOW FROM OPERATING ACTIVITIES:
Net Income (Loss)	$ 14,252	$ (9,585)
Loss from Discontinued Operations	3,156	4,734
Adjustments to Reconcile Net Income (Loss) to Net Cash Provided by Operating Activities:
Stock-Based Compensation Expense	5,223	4,137
Amortization and Adjustments to Operating Lease Assets	12,804	0
Depreciation	8,393	7,727
Amortization of Intangible Assets	2,534	1,605
Amortization of Deferred Debt Issuance Costs	392	392
Provision for Bad Debts	5,554	1,203
Deferred Income Taxes	2,991	7,915
Loss on Disposals, Accelerated Depreciation and Adjustments to Land, Building and Equipment	1,053	37,984
Realized Loss on Investments	11	0
Unrealized Gain on Investments	(33)	0
Realized Gain on Sale of Assets	(4,779)	0
Changes in Assets and Liabilities:
Accounts Receivable	(38,206)	(39,199)
Prepaid Expenses and Other Current Assets	(13,646)	(11,308)
Accounts Payable	(7,566)	1,397
Accrued Salaries, Wages, Benefits and Liabilities	(19,010)	(14,257)
Deferred Revenue	72,589	74,909
Operating Lease Liabilities	(13,681)	0
Other Assets and Liabilities	1,270	(14,137)
Net Cash Provided by Operating Activities-Continuing Operations	33,301	53,517
Net Cash Provided by Operating Activities-Discontinued Operations	14,167	24,497
NET CASH PROVIDED BY OPERATING ACTIVITIES	47,468	78,014
CASH FLOWS FROM INVESTING ACTIVITIES:
Capital Expenditures	(10,436)	(13,321)
Sales of Marketable Securities	290	0
Purchases of Marketable Securities	(292)	(4,152)
Proceeds from Sale of Assets	6,421	0
Net Cash Used in Investing Activities-Continuing Operations	(4,017)	(17,473)
Net Cash Used in Investing Activities-Discontinued Operations	(1,728)	(2,946)
NET CASH USED IN INVESTING ACTIVITIES	(5,745)	(20,419)
CASH FLOWS FROM FINANCING ACTIVITIES:
Proceeds from Exercise of Stock Options	828	10,492
Employee Taxes Paid on Withholding Shares	(5,045)	(5,188)
Proceeds from Stock Issued Under Colleague Stock Purchase Plan	0	159
Repurchase of Common Stock for Treasury	(40,255)	(59,175)
Borrowings Under Credit Facility	30,000	0
Repayments Under Credit Facility	(100,750)	(750)
Proceeds from Down Payment on Seller Loan	5,200	0
Purchase of Noncontrolling Interest of Subsidiary	(6,247)	0
Net Cash Used in Financing Activities-Continuing Operations	(116,269)	(54,462)
Net Cash Used in Financing Activities-Discontinued Operations	(480)	(470)
NET CASH USED IN FINANCING ACTIVITIES	(116,749)	(54,932)
Effects of Exchange Rate Differences	(6,750)	(1,579)
NET (DECREASE) INCREASE IN CASH, CASH EQUIVALENTS AND RESTRICTED CASH	(81,776)	1,084
Cash, Cash Equivalents and Restricted Cash at Beginning of Period	300,467	444,405
Cash, Cash Equivalents and Restricted Cash at End of Period	218,691	445,489
Less: Cash, Cash Equivalents and Restricted Cash of Discontinued Operations at End of Period	96,902	110,390
Cash, Cash Equivalents and Restricted Cash at End of Period	121,789	335,099
Non-cash Investing and Financing Activity:
Decrease in Redemption Value of Noncontrolling Interest Put Options	$ 0	$ (241)

CONSOLIDATED STATEMENTS OF SHAR

CONSOLIDATED STATEMENTS OF SHAREHOLDERS' EQUITY - USD ($) $ in Thousands	Common Stock	Additional Paid-in Capital	Retained Earnings	Accumulated Other Comprehensive Loss	Treasury Stock	Total
Beginning Balance at Jun. 30, 2018	$ 793	$ 454,653	$ 1,917,373	$ (142,168)	$ (711,365)	$ 1,519,286
Cumulative effect adjustment upon the adoption			381	(381)		0
Net income (loss)			(9,530)			(9,530)
Foreign currency translation				(20,615)		(20,615)
Unrealized investment gains (losses), net of tax				(4)		(4)
Change in noncontrolling interest put option			241			241
Stock-based compensation		4,369				4,369
Net activity from stock-based compensation awards	5	10,487			(5,188)	5,304
Proceeds from stock issued under Colleague Stock Purchase Plan		36			123	159
Repurchase of common shares for treasury					(59,175)	(59,175)
Ending Balance at Sep. 30, 2018	798	469,545	1,908,465	(163,168)	(775,605)	1,440,035
Beginning Balance at Jun. 30, 2019	801	486,061	2,012,902	(137,290)	(970,944)	1,391,530
Net income (loss)			14,361			14,361
Foreign currency translation				(39,494)		(39,494)
Unrealized investment gains (losses), net of tax				45		45
Change in noncontrolling interest put option						0
Stock-based compensation		5,225				5,225
Net activity from stock-based compensation awards	4	865			(5,088)	(4,219)
Repurchase of common shares for treasury					(40,255)	(40,255)
Ending Balance at Sep. 30, 2019	$ 805	$ 492,151	$ 2,027,263	$ (176,739)	$ (1,016,287)	$ 1,327,193

INTERIM FINANCIAL STATEMENTS

INTERIM FINANCIAL STATEMENTS	3 Months Ended
	Sep. 30, 2019
Organization, Consolidation and Presentation of Financial Statements [Abstract]
INTERIM FINANCIAL STATEMENTS	NOTE 1: INTERIM FINANCIAL STATEMENTS For purposes of this report, “Adtalem,” “we,” “our,” “us,” or similar references refers to Adtalem Global Education Inc. and its consolidated subsidiaries, unless the context requires otherwise. The interim Consolidated Financial Statements include accounts of Adtalem and its wholly-owned and majority-owned subsidiaries. Adtalem’s wholly-owned subsidiaries include: ● Chamberlain University (“Chamberlain”) ● American University of the Caribbean School of Medicine (“AUC”) ● Ross University School of Medicine (“RUSM”) ● Ross University School of Veterinary Medicine (“RUSVM”) ● Association of Certified Anti-Money Laundering Specialists (“ACAMS”) ● Becker Professional Education (“Becker”) ● OnCourse Learning (“OCL”) ​ In addition, Adtalem maintains a 69% ownership interest in EduPristine. In addition, Adtalem had a 97.9% ownership interest in Adtalem Education of Brazil (“Adtalem Brazil”) as of June 30, 2019. On July 1, 2019, the Adtalem Brazil management noncontrolling interest members exercised their put options and sold their remaining ownership interests in Adtalem Brazil to Adtalem. As of the first quarter of fiscal year 2020, Adtalem owns 100% of Adtalem Brazil. On October 18, 2019, Adtalem entered into a definitive agreement to sell Adtalem Brazil. Adtalem Brazil is presented as discontinued operations, see “Note 2: Discontinued Operations and Assets Held for Sale” for further details. On December 4, 2018, Adtalem completed the sale of its previously wholly-owned subsidiary Carrington College (“Carrington”). On December 11, 2018, Adtalem completed the sale of its previously wholly-owned subsidiary DeVry University. Carrington and DeVry University are presented as discontinued operations. See “Note 2: Discontinued Operations and Assets Held for Sale” for additional details. 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 Adtalem. The interim Consolidated Financial Statements should be read in conjunction with the Consolidated Financial Statements and notes thereto contained in Adtalem's Annual Report on Form 10-K for the fiscal year ended June 30, 2019, as filed with the Securities and Exchange Commission (“SEC”). The results of operations for the three months ended September 30, 2019 are not necessarily indicative of results to be expected for the entire fiscal year.

DISCONTINUED OPERATIONS AND ASS

DISCONTINUED OPERATIONS AND ASSETS HELD FOR SALE	3 Months Ended
	Sep. 30, 2019
DISCONTINUED OPERATIONS AND ASSETS HELD FOR SALE
DISCONTINUED OPERATIONS AND ASSETS HELD FOR SALE	NOTE 2: DISCONTINUED OPERATIONS AND ASSETS HELD FOR SALE On December 4, 2018, Adtalem completed the sale of Carrington to San Joaquin Valley College, Inc. (“SJVC”) for de minimis consideration. As the sale represented a strategic shift that has a major effect on Adtalem’s operations and financial results, Carrington is presented in Adtalem’s financial reporting as a discontinued operation. Adtalem has retained certain leases associated with the Carrington operations. Adtalem remains the primary lessee on these leases and subleases to Carrington. Adtalem records the proceeds from these subleases as an offset to operating costs. Adtalem also assigned certain leases to Carrington but remains contingently liable under these leases. Adtalem recorded a pre-tax loss of $11.3 million on the sale of Carrington and transferred $9.9 million of cash and restricted cash balances to Carrington in the second quarter of fiscal year 2019, subject to post-closing adjustments to be completed in fiscal year 2020. On December 11, 2018, Adtalem completed the sale of DeVry University to Cogswell Education, LLC (“Cogswell”) for de minimis consideration. As the sale represented a strategic shift that has a major effect on Adtalem’s operations and financial results, DeVry University is presented in Adtalem’s financial reporting as a discontinued operation. The purchase agreement includes an earn-out entitling Adtalem to payments of up to $20 million over a ten-year period payable based on DeVry University’s free cash flow. In connection with the closing of the sale, Adtalem loaned to DeVry University $10.0 million under the terms of the promissory note, dated as of December 11, 2018 (the “Note”). The Note bears interest at a rate of 4% per annum, payable annually in arrears and has a maturity date of January 1, 2022. DeVry University may make prepayments on the Note. This loan is presented as Other Assets, Net on the Consolidated Balance Sheet. Adtalem has retained certain leases associated with DeVry University operations. Adtalem remains the primary lessee on these leases and subleases to DeVry University. In addition, Adtalem owns the buildings for certain DeVry University operating and administrative office locations and leases space to DeVry University under one-year operating leases, renewable annually at DeVry University’s option. Adtalem records the proceeds from these leases and subleases as an offset to operating costs. Adtalem also assigned certain leases to DeVry University but remains contingently liable under these leases. Adtalem recorded a pre-tax loss of $22.3 million on the sale of DeVry University and transferred $40.2 million of cash and restricted cash balances to DeVry University in fiscal year 2019. On October 18, 2019, Adtalem entered into a Stock Purchase Agreement (“Purchase Agreement”) with Estácio Participações S.A. (“Estácio”) and Sociedade de Ensino Superior Estaćio de Sá Ltda, a wholly owned subsidiary of Estácio (“Purchaser”). Pursuant to the terms and subject to the conditions set forth in the Purchase Agreement, Adtalem will sell all of the issued and outstanding shares of Adtalem Brasil Holding S.A. (a/k/a Adtalem Brazil) to the Purchaser for approximately $465 million in cash. In addition, Adtalem expects to receive approximately $74 million in settlement of cash balances as of June 30, 2019 of $89 million, net of indebtedness of $15 million, resulting in total proceeds of $539 million. This transaction is expected to be completed in the first half of fiscal year 2021. This sale advances Adtalem’s strategy to become a leading workforce solutions provider in the medical and healthcare and financial services industries, aligning Adtalem’s portfolio to better address the global workforce skills gap and serve its markets in a more competitive and comprehensive way. As the potential sale represents a strategic shift that will have a major effect on Adtalem’s operations and financial results, Adtalem Brazil is presented in Adtalem’s financial reporting as a discontinued operation. All prior periods presented disclose Adtalem Brazil’s assets and liabilities as held for sale, and operations and cash flows of Adtalem Brazil, which were previously included as the only component of the Business and Law reportable segment, as discontinued operations. In connection with the announced proposed sale of Adtalem Brazil, Adtalem entered into certain deal contingent foreign exchange forward contracts to economically hedge the Brazilian Real denominated purchase price through mitigation of the currency exchange rate risk. Management does not expect this contract to qualify for hedge accounting treatment under Accounting Standards Codification (“ASC”) 815, and as a result, all changes in fair value will be recorded to the income statement. The following is a summary of balance sheet information of assets and liabilities reported as held for sale (in thousands). ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ September 30, ​ June 30, ​ September 30, ​ 2019 2019 2018 ASSETS: ​ ​ ​ Current Assets: ​ ​ ​ Cash and Cash Equivalents ​ $ 96,902 ​ $ 95,243 ​ $ 94,423 Restricted Cash ​ — ​ — ​ 15,967 Accounts Receivable, Net ​ 64,915 ​ 74,269 ​ 98,089 Prepaid Expenses and Other Current Assets ​ 8,056 ​ 8,411 ​ 19,162 Total Current Assets Held for Sale ​ 169,873 ​ 177,923 ​ 227,641 Land, Building and Equipment Held for Sale, Net ​ ​ 73,763 ​ ​ 81,250 ​ ​ 81,029 Noncurrent Assets: ​ ​ ​ ​ Operating Lease Assets ​ 72,261 ​ — ​ — Intangible Assets, Net ​ 110,711 ​ 120,108 ​ 115,429 Goodwill ​ 173,064 ​ 187,195 ​ 178,046 Perkins Program Fund, Net ​ — ​ — ​ 13,450 Other Assets, Net ​ 9,972 ​ 10,338 ​ 8,465 Total Noncurrent Assets Held for Sale ​ 366,008 ​ 317,641 ​ 315,390 Total Assets Held for Sale ​ $ 609,644 ​ $ 576,814 ​ $ 624,060 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ LIABILITIES: ​ ​ ​ ​ Current Liabilities: ​ ​ ​ ​ Accounts Payable ​ $ 2,857 ​ $ 4,242 ​ $ 25,896 Accrued Salaries, Wages and Benefits ​ 16,239 ​ 17,828 ​ 22,526 Accrued Liabilities ​ 9,800 ​ 10,193 ​ 14,580 Deferred Revenue ​ 11,104 ​ 3,846 ​ 58,494 Current Operating Lease Liabilities ​ 10,174 ​ — ​ — Total Current Liabilities Held for Sale ​ 50,174 ​ 36,109 ​ 121,496 Noncurrent Liabilities: ​ ​ ​ ​ ​ Long-Term Operating Lease Liabilities ​ 62,367 ​ — ​ — Deferred Income Taxes ​ — ​ — ​ 216 Other Liabilities ​ 14,101 ​ 16,146 ​ 21,196 Total Noncurrent Liabilities Held for Sale ​ 76,468 ​ 16,146 ​ 21,412 Total Liabilities Held for Sale ​ $ 126,642 ​ $ 52,255 ​ $ 142,908 ​ The following is a summary of income statement information of operations reported as discontinued operations (in thousands). The results include Carrington's and DeVry University's operations through the date of each respective sale. ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Three Months Ended ​ ​ ​ September 30, ​ ​ 2019 2018 ​ REVENUE ​ $ 45,652 ​ $ 159,554 ​ OPERATING COST AND EXPENSE: ​ ​ ​ Cost of Educational Services ​ 33,948 ​ 98,460 ​ Student Services and Administrative Expense ​ 14,373 ​ 64,706 ​ Restructuring Expense (Gain) ​ 35 ​ (443) ​ Asset Impairment Charge - Building and Equipment ​ — ​ 2,242 ​ Total Operating Cost and Expense ​ 48,356 ​ 164,965 ​ Operating Loss from Discontinued Operations ​ (2,704) ​ (5,411) ​ OTHER INCOME (EXPENSE): ​ ​ ​ ​ ​ ​ ​ Interest and Dividend Income ​ ​ 978 ​ ​ 976 ​ Interest Expense ​ ​ (1,157) ​ ​ (1,284) ​ Net Other Expense ​ (179) ​ (308) ​ Loss from Discontinued Operations Before Income Taxes ​ ​ (2,883) ​ ​ (5,719) ​ Income Tax (Provision) Benefit ​ (273) ​ 985 ​ Loss from Discontinued Operations ​ ​ (3,156) ​ ​ (4,734) ​ Net Income Attributable to Noncontrolling Interest ​ ​ — ​ ​ (9) ​ Loss from Discontinued Operations Attributable to Adtalem Global Education ​ $ (3,156) ​ $ (4,743) ​ ​

SUMMARY OF SIGNIFICANT ACCOUNTI

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	3 Months Ended
	Sep. 30, 2019
Accounting Policies [Abstract]
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	NOTE 3: SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES Principles of Consolidation The Consolidated Financial Statements include the accounts of Adtalem 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%, but greater than 50%, the noncontrolling ownership interest is reported on our Consolidated Balance Sheets. The noncontrolling ownership interest earnings portion is classified as “Net Loss Attributable to Noncontrolling Interest from Continuing Operations” and “Net Income Attributable to Noncontrolling Interest from Discontinued Operations” in our Consolidated Statements of Income (Loss). Unless indicated, or the context requires otherwise, references to years refer to Adtalem’s fiscal years. Investments in Equity Securities For an investment in equity securities where we do not have the ability to influence the operating and financial decisions of the investee, the initially recorded cost basis is adjusted upon the occurrence of an observable transaction in the security. Generally, an investment in an equity security is defined as an ownership interest of less than 20%. The equity investment is classified as Other Assets, Net on the Consolidated Balance Sheets. 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. Adtalem 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. Adtalem 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 cash 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. 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 Adtalem’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. Revenue Recognition Revenue is recognized when control of the promised goods or services is transferred to our customers (students and members), in an amount that reflects the consideration we expect to be entitled in exchange for those goods or services. The following tables disaggregate revenue by source (in thousands): ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Three Months Ended September 30, 2019 ​ ​ Medical and ​ Financial ​ Home Office ​ ​ ​ Healthcare Services and Other Consolidated Higher Education $ 201,453 $ — $ — $ 201,453 Test Preparation/Certifications ​ ​ — ​ ​ 24,972 ​ ​ — ​ ​ 24,972 Conferences/Seminars ​ ​ — ​ ​ 17,070 ​ ​ — ​ ​ 17,070 Memberships/Subscriptions ​ ​ — ​ ​ 4,867 ​ ​ — ​ ​ 4,867 Other ​ ​ 6,034 ​ ​ 217 ​ ​ — ​ ​ 6,251 Total $ 207,487 $ 47,126 $ — $ 254,613 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Three Months Ended September 30, 2018 ​ ​ Medical and ​ Financial ​ Home Office ​ ​ ​ Healthcare Services and Other Consolidated Higher Education $ 201,173 $ — $ — $ 201,173 Test Preparation/Certifications ​ ​ — ​ ​ 28,716 ​ ​ (807) ​ ​ 27,909 Conferences/Seminars ​ ​ — ​ ​ 2,868 ​ ​ — ​ ​ 2,868 Memberships/Subscriptions ​ ​ — ​ ​ 3,936 ​ ​ — ​ ​ 3,936 Other ​ ​ 927 ​ ​ 126 ​ ​ — ​ ​ 1,053 Total $ 202,100 $ 35,646 $ (807) $ 236,939 ​ In addition, see “Note 15: Segment Information” for a disaggregation of revenue by geographical region. Performance Obligations and Revenue Recognition Higher Education: Test Preparation/Certifications: instruction delivery periods. Certification revenue consists of exam preparation guides, seminars, exam sitting fees and recertification fees. We recognize revenue for each of these items at a point in time when the applicable performance obligation is satisfied. Conferences/Seminars: Memberships/Subscriptions: Other: Customer contracts generally have separately stated prices for each performance obligation contained in the contract. Therefore, each performance obligation generally has its own standalone selling price. For higher education students, arrangements for payment are agreed to prior to registration of the student’s first academic term. The majority of U.S. students obtain Title IV or other financial aid resulting in institutions receiving a significant amount of the transaction price at the beginning of the academic term. Students utilizing private funding or funding through Adtalem’s institutional loan programs (see “Note 6: Financing Receivables” for further discussion) generally pay during or after the academic term is complete. For non-higher education customers, payment is typically due and collected at the time a customer places an order. Transaction Price Revenue, or transaction price, is measured as the amount of consideration expected to be received in exchange for transferring goods or services. For higher education, students may receive discounts, scholarships or refunds, which gives rise to variable consideration. The amounts of discounts or scholarships are applied to individual student accounts when such amounts are awarded. Therefore, the transaction price is reduced directly by these discounts or scholarships from the amount of the standard tuition rate charged. Upon withdrawal, a student may be eligible to receive a refund, or partial refund, the amount of which is dependent on the timing of the withdrawal during the academic term. If a student withdraws prior to completing an academic term, federal and state regulations and accreditation criteria permit Adtalem 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 Adtalem in excess of such set percentages of tuition are refunded to the student or the appropriate funding source. For contracts with similar characteristics and historical data on refunds, the expected value method is applied in determining the variable consideration related to refunds. Estimates of Adtalem’s expected refunds are determined at the outset of each academic term, based upon actual refunds in previous academic terms. Reserves related to refunds are presented as refund liabilities within Accrued Liabilities on the Consolidated Balance Sheets. All refunds are netted against revenue during the applicable academic term. Management reassesses collectability throughout the period revenue is recognized by the Adtalem 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. For test preparation and other Financial Services products, the transaction price is equal to the amount charged to the customer, which is the standard rate, less any discounts and an estimate for returns or refunds. We believe it is probable that no significant reversal will occur in the amount of cumulative revenue recognized will occur when the uncertainty associated with the variable consideration is subsequently resolved. Therefore, the estimate of variable consideration is not constrained. Contract Balances For higher education institutions, students are billed at the beginning of each academic term and payment is due at that time. Adtalem’s performance obligation is to provide educational services in the form of instruction during the academic term. As instruction is provided, deferred revenue is reduced. A significant portion of student payments are from Title IV financial aid and other programs and are generally received during the first month of the respective academic term. For students utilizing Adtalem’s institutional loan programs (see “Note 6: Financing Receivables”), payments are generally received after the academic term, and the corresponding performance obligation, is complete. When payments are received, accounts receivable is reduced. For our Financial Services businesses, customers are billed and payment is due at the time of order placement. In most cases, performance obligations are delivered subsequent to payments received. Delivering our performance obligations reduces deferred revenue, and accounts receivable is reduced upon payments received. Becker offers flexible payment plans with terms of up to 18-months as a financing option for the Becker CPA Exam Review Course (see “Note 6: Financing Receivables”). In this case, payment is received after satisfying the performance obligation. Revenue of $79.4 million was recognized during the first three months of fiscal year 2020 that was included in the deferred revenue balance at the beginning of fiscal year 2020. Revenue recognized from performance obligations that were satisfied, or partially satisfied, in prior periods was not material. The difference between the opening and closing balances of deferred revenue includes decreases from revenue recognized during the period and increases from charges and payments received related to the start of academic terms beginning during the period. Allowance for bad debts as of September 30, 2019, June 30, 2019 and September 30, 2018 were $18.8 million, $14.5 million and $13.3 million, respectively. Practical Expedients As our performance obligations have an original expected duration of one year or less, we have applied the practical expedient (as provided in ASC 606-10-50-14) to not disclose the information in ASC 606-10-50-13, which requires disclosure of the amount of the transaction price allocated to our performance obligations that are unsatisfied (or partially unsatisfied) as of the end of the reporting period and when the entity expects to recognize this amount as revenue. All consideration from contracts with customers is included in the transaction price. Internal-Use Software Development Costs Adtalem 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. Once the project is complete, capitalized internal-use software development costs are included as Equipment on the Consolidated Balance Sheets. As of September 30, 2019, June 30, 2019 and September 30, 2018, the net balance of capitalized internal-use software development costs was $11.1 million, $10.6 million and $12.4 million, respectively. Impairment of Long-Lived Assets Adtalem 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. During the first quarter of fiscal year 2019, we recorded impairment charges of $2.2 million to write-down building, building improvements, furniture and equipment to zero based on the fair market value of the DeVry University operations, which are classified within discontinued operations. In the first quarter of fiscal year 2019, Adtalem announced its decision to relocate RUSM’s campus operations to Barbados and not return to RUSM’s Dominica campus. Adtalem recorded impairment charges of $37.8 million in the first quarter of fiscal year 2019, to fully impair the land, buildings and equipment in Dominica as management determined the market value less the costs to sell the facilities or move the equipment is zero (see “Note 10: Restructuring Charges”). The impairment charges are included in Restructuring Expense in the Consolidated Statements of Income (Loss). For a discussion of the impairment review of goodwill and intangible assets see “Note 9: Intangible Assets.” 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. Adtalem Brazil’s and EduPristine’s operations and ACAMS 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 resulting 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 periods ended September 30, 2019 and 2018 were not material. Noncontrolling Interest As of June 30, 2019, Adtalem maintained a 97.9% ownership interest in Adtalem Brazil with the remaining 2.1% owned by members of the Adtalem Brazil senior management group. Since July 1, 2015, Adtalem has had the right to exercise a call option and purchase any remaining Adtalem Brazil stock from Adtalem Brazil management. Likewise, Adtalem Brazil management has had the right to exercise a put option and sell its remaining ownership interest in Adtalem Brazil to Adtalem. In addition, Adtalem currently maintains a 69% ownership interest in EduPristine with the remaining 31% owned by Kaizen Management Advisors (“Kaizen”), an India-based private equity firm. The adjustment to increase or decrease the Adtalem Brazil and EduPristine noncontrolling interests for their respective proportionate shares of Adtalem Brazil’s and EduPristine’s profit (loss) flows through the Consolidated Statements of Income (Loss) each reporting period based on Adtalem’s noncontrolling interest accounting policy. Beginning on March 26, 2020, Adtalem will have the right to exercise a call option and purchase any remaining EduPristine stock from Kaizen. Likewise, Kaizen will have the right to exercise a put option and sell up to 33% of its remaining ownership interest in EduPristine to Adtalem. Beginning on March 26, 2022, Kaizen will have the right to exercise a put option and sell its remaining ownership interest in EduPristine to Adtalem. Since the put options are out of the control of Adtalem, authoritative guidance requires the noncontrolling interests, which includes the value of the put options, to be displayed outside of the equity section of the Consolidated Balance Sheets. On July 1, 2019, the Adtalem Brazil management noncontrolling members exercised their put option and sold their remaining ownership interest in Adtalem Brazil to Adtalem. In the first quarter of fiscal year 2020, $6.2 million of noncontrolling interest was removed from the Consolidated Balance Sheet as a result of the put option exercise and Adtalem currently owns 100% of Adtalem Brazil. Prior to July 1, 2019, the Adtalem Brazil management put option was being accreted to its fair value in accordance with the terms of the related stock purchase agreement. The adjustments to increase or decrease the put option to its expected redemption value each reporting period was recorded in retained earnings in accordance with U.S. Generally Accepted Accounting Principles (“GAAP”). Adtalem has not adjusted the redemption value related to the Kaizen put option as management believes the redemption value has not materially changed since acquiring a majority stake in EduPristine. The following is a reconciliation of the noncontrolling interest balance (in thousands): ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Three Months Ended ​ ​ ​ September 30, ​ ​ 2019 2018 ​ Balance at Beginning of Period ​ $ 9,543 ​ $ 9,110 ​ Net Loss Attributable to Noncontrolling Interest ​ (109) ​ (55) ​ Decrease in Redemption Value of Noncontrolling Interest Put Option ​ — ​ (241) ​ Payment for Purchase of Noncontrolling Interest of Subsidiary ​ ​ (6,247) ​ ​ — ​ Balance at End of Period ​ $ 3,187 ​ $ 8,814 ​ ​ Earnings per Common Share Basic earnings per share is computed by dividing net income or loss attributable to Adtalem 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 or loss attributable to Adtalem by the weighted average number of shares assuming dilution. As required by GAAP, because the three months ended September 30, 2018 resulted in a loss from continuing operations, diluted earnings per share was computed by dividing the net loss attributable to Adtalem 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 outstanding stock-based grants representing 329,000 and 272,000 shares of common stock for the three months ended September 30, 2019 and 2018, respectively. These outstanding stock-based grants were excluded because the exercise prices were greater than the average market price of the common shares or the assumed proceeds upon exercise under the Treasury Stock Method resulted in the repurchase of more shares than would be issued; thus, their effect would be anti-dilutive. The following is a reconciliation of basic shares to diluted shares (in thousands): ​ ​ ​ ​ ​ ​ ​ ​ Three Months Ended ​ ​ ​ September 30, ​ ​ 2019 2018 ​ Weighted Average Shares Outstanding 55,018 59,722 Unvested Participating RSUs 475 606 Basic Shares 55,493 60,328 Effect of Dilutive Stock Options 647 874 Diluted Shares 56,140 61,202 ​ Treasury Stock Adtalem’s Board of Directors (the “Board”) has authorized share repurchase programs on eleven occasions (see “Note 7: Share Repurchase Programs”). The eleventh share repurchase program was approved on November 7, 2018 and commenced in January 2019. Shares that are repurchased by Adtalem are recorded as Treasury Stock at cost and result in a reduction of Shareholders’ Equity. From time to time, shares of our common stock are delivered back to Adtalem under a swap arrangement resulting from employees’ exercise of incentive stock options pursuant to the terms of the Adtalem Stock Incentive Plans (see “Note 4: Stock-Based Compensation”). In addition, shares of our common stock are delivered back to Adtalem for payment of withholding taxes from employees for vesting RSUs. These shares are recorded as Treasury Stock at cost and result in a reduction of Shareholders’ Equity. Prior to March 2019, treasury shares were reissued on a monthly basis, at market value, less a 5% discount, to the Adtalem Colleague Stock Purchase Plan in exchange for employee payroll deductions. When treasury shares are reissued, Adtalem 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 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 is composed of the change in cumulative translation adjustment, primarily at Adtalem Brazil, and unrealized gains on available-for-sale marketable securities, net of the effects of income taxes. The Accumulated Other Comprehensive Loss balance at September 30, 2019, consists of $176.9 million of cumulative translation losses ($176.6 million attributable to Adtalem and $0.3 million attributable to noncontrolling interest) and $0.1 million of unrealized gains on available-for-sale marketable securities, net of tax of $0.0 million and all attributable to Adtalem. At June 30, 2019, this balance consisted of $137.4 million of cumulative translation losses ($134.3 million attributable to Adtalem and $3.1 million attributable to noncontrolling interest) and $0.1 million of unrealized gains on available-for-sale marketable securities, net of tax of $0.0 million and all attributable to Adtalem. As of September 30, 2018, this balance consisted of $163.2 million of cumulative translation losses ($159.4 million attributable to Adtalem and $3.8 million attributable to noncontrolling interest) and unrealized gains on available-for-sale marketable securities were immaterial. 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 $20.2 million and $16.8 million for the three months ended September 30, 2019 and 2018, respectively. Hurricane Expense In September 2017, Hurricanes Irma and Maria caused damage and disrupted operations at AUC and RUSM. Adtalem recorded expenses of $6.9 million in the first quarter of fiscal year 2019 associated with incremental costs of teaching at alternative sites. No hurricane-related costs were recorded in the first quarter of fiscal year 2020. Received and expected insurance proceeds of $6.9 million were recorded to offset these expenses in the first quarter of fiscal year 2019. Restructuring Charges Adtalem’s financial statements include charges related to severance and related benefits for workforce reductions in staff. These charges also include early lease termination or cease-of-use costs, accelerated depreciation and losses on disposals of property and equipment related to campus and administrative office consolidations (see “Note 10: Restructuring Charges”). When estimating the costs of exiting lease space, estimates are made which could differ materially from actual results and result in additional restructuring charges or reversals in future periods. Recent Accounting Pronouncements In June 2016, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update (“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 Adtalem’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-of-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. We adopted this guidance, along with the related clarifications and improvements, effective July 1, 2019 using the modified retrospective approach without adjusting prior comparative periods. The adoption of this standard significantly impacts our Consolidated Balance Sheets, but did not impact our Consolidated Statements of Income (Loss). We elected the practical expedients package which allows us to forego reassessing (i) whether any expired or existing contracts are or contain leases; (ii) the lease classification for any expired or expiring leases; and (iii) initial direct costs for any existing leases. We did not elect the hindsight practical expedient, which permits the use of hindsight when determining the lease term and impairment of operating lease assets. See “Note 11: Leases” for the disclosures related to this new accounting standard. ​ The impact on the Consolidated Balance Sheet upon adoption of ASC 842 is as follows: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ June 30, ​ Adjustments due to ​ July 1, ​ 2019 adoption of ASC 842 2019 ​ ​ (in thousands, except share and par value amounts) ASSETS: ​ ​ ​ ​ ​ ​ ​ ​ ​ Current Assets: ​ ​ ​ ​ ​ ​ ​ ​ ​ Cash and Cash Equivalents ​ $ 299,445 ​ $ — ​ $ 299,445 Investments in Marketable Securities ​ 8,680 ​ — ​ 8,680 Restricted Cash ​ 1,022 ​ — ​ 1,022 Accounts Receivable, Net ​ 157,829 ​ — ​ 157,829 Prepaid Expenses and Other Current Assets ​ 37,724 ​ (3,483) ​ 34,241 Total Current Assets ​ 504,700 ​ (3,483) ​ 501,217 Land, Building and Equipment: ​ ​ ​ ​ Land ​ 44,609 ​ — ​ 44,609 Building ​ 383,331 ​ — ​ 383,331 Equipment ​ 281,551 ​ — ​ 281,551 Construction in Progress ​ 16,222 ​ — ​ 16,222 ​ ​ 725,713 ​ — ​ 725,713 Accumulated Depreciation ​ (361,030) ​ — ​ (361,030) Land, Building and Equipment, Net ​ 364,683 ​ — ​ 364,683 Noncurrent Assets: ​ ​ ​ ​ ​ ​ Operating Lease Assets ​ — ​ 282,978 ​ 282,978 Deferred Income Taxes ​ 18,314 ​ — ​ 18,314 Intangible Assets, Net ​ 418,097 ​ — ​ 418,097 Goodwill ​ 874,451 ​ — ​ 874,451 Other Assets, Net ​ 62,451 ​ — ​ 62,451 Total Noncurrent Assets ​ 1,373,313 ​ 282,978 ​ 1,656,291 TOTAL ASSETS ​ $ 2,242,696 ​ $ 279,495 ​ $ 2,522,191 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ LIABILITIES: ​ ​ ​ Current Liabilities: ​ ​ ​ Accounts Payable ​ $ 57,627 ​ $ — ​ $ 57,627 Accrued Salaries, Wages and Benefits ​ 64,492 ​ — ​ 64,492 Accrued Liabilities ​ 86,722 ​ (16,946) ​ 69,776 Deferred Revenue ​ 99,790 ​ — ​ 99,790 Current Operating Lease Liabilities ​ — ​ 66,707 ​ 66,707 Current Portion of Long-Term Debt ​ 3,000 ​ — ​ 3,000 Total Current Liabilities ​ 311,631 ​ 49,761 ​ 361,392 Noncurrent Liabilities: ​ ​ ​ ​ ​ ​ Long-Term Debt ​ 398,094 ​ — ​ 398,094 Long-Term Operating Lease Liabilities ​ — ​ 269,387 ​ 269,387 Deferred Income Taxes ​ 29,426 ​ — ​ 29,426 Other Liabilities ​ 102,472 ​ (39,653) ​ 62,819 Total Noncurrent Liabilities ​ 529,992 ​ 229,734 ​ 759,726 TOTAL LIABILITIES ​ 841,623 ​ 279,495 ​ 1,121,118 NONCONTROLLING INTEREST ​ 9,543 ​ — ​ 9,543 SHAREHOLDERS’ EQUITY: ​ ​ ​ ​ ​ ​ Common Stock, $0.01 Par Value ​ 801 ​ — ​ 801 Additional Paid-in Capital ​ 486,061 ​ — ​ 486,061 Retained Earnings ​ 2,012,902 ​ — ​ 2,012,902 Accumulated Other Comprehensive Loss ​ (137,290) ​ — ​ (137,290) Treasury Stock, at Cost ​ (970,944) ​ — ​ (970,944) TOTAL SHAREHOLDERS’ EQUITY ​ 1,391,530 ​ — ​ 1,391,530 TOTAL LIABILITIES, NONCONTROLLING INTEREST AND SHAREHOLDERS’ EQUITY ​ $ 2,242,696 ​ $ 279,495 ​ $ 2,522,191 ​ Upon the adoption of ASC 842, the following balances were removed from the Consolidated Balance Sheet as of July 1, 2019: (i) $3.5 million of prepaid rent balances within Prepaid Expenses and Other Current Assets; (ii) $6.8 million of current deferred rent liability balances within Accrued Liabilities; (iii) $10.1 million of current restructure liability balances within Accrued Liabilities; (iv) $24.8 million of noncurrent deferred rent liability balances within Other Liabilities; and (v) $14.9 million of noncurrent restructure liability balances within Other Liabilities. ​ Reclassifications Beginning in the first quarter of fiscal year 2020, Adtalem Brazil operations were classified as discontinued operations. See “Note 2: Discontinued Operations and Assets Held for Sale” for further information. Prior period amounts have been revised to conform to the current classification. Certain expenses in prior periods previously allocated to Adtalem Brazil within our former Business and Law segment have been reclassified to the Home Office and Other segment based on discontinued operation reporting guidance regarding allocation of corporate overhead. See “Note 15: Segment Information” for additional information.

STOCK-BASED COMPENSATION

STOCK-BASED COMPENSATION	3 Months Ended
	Sep. 30, 2019
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
STOCK-BASED COMPENSATION	NOTE 4: STOCK-BASED COMPENSATION Adtalem maintains two stock-based incentive plans: the Amended and Restated Incentive Plan of 2005 and the Fourth 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 Adtalem’s common stock. The Fourth 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 2005 incentive plan, no further stock-based grants will be issued under this plan. The Fourth 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. Adtalem 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. We account for forfeitures of outstanding but unvested grants in the period they occur. As of September 30, 2019, 6,735,482 authorized but unissued shares of common stock were reserved for issuance under Adtalem’s stock-based incentive plans. The following is a summary of options activity for the three months ended September 30, 2019: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Weighted ​ ​ ​ ​ ​ Weighted Average Aggregate ​ ​ ​ ​ Average ​ Remaining ​ Intrinsic ​ ​ Number of ​ Exercise ​ Contractual ​ Value ​ ​ Options ​ Price ​ Life (in Years) ​ (in thousands) Outstanding at July 1, 2019 1,488,478 ​ $ 31.33 ​ Granted 229,125 ​ 43.39 ​ Exercised (37,889) ​ 28.94 ​ Forfeited (15,576) ​ 42.51 ​ Expired (65,274) ​ 52.28 ​ Outstanding at September 30, 2019 1,598,864 ​ 32.15 7.15 ​ $ 12,512 Exercisable at September 30, 2019 768,712 ​ $ 28.43 5.87 ​ $ 8,385 ​ The total intrinsic value of options exercised for the three months ended September 30, 2019 and 2018 was $0.5 million and $1.8 million, respectively. The fair value of Adtalem’s stock option awards was estimated using a binomial model. This model uses historical cancellation and exercise experience of Adtalem 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 Adtalem’s stock-based incentive plans during the first three months of fiscal years 2020 and 2019 was $16.98 and $20.96, per share, respectively. The fair value of Adtalem’s stock option grants was estimated assuming the following weighted average assumptions: ​ ​ ​ ​ ​ ​ ​ ​ ​ Fiscal Year ​ ​ 2019 2018 ​ Expected Life (in Years) 6.51 6.50 Expected Volatility 37.66 % 39.60 % Risk-free Interest Rate 1.40 % 2.73 % Dividend Yield 0.00 % 0.00 % ​ 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. Adtalem’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 Adtalem’s long-term historical volatility. If factors change and different assumptions are employed in the valuation of stock-based grants in future periods, the stock-based compensation expense that Adtalem records may differ significantly from what was recorded in previous periods. During the first three months of fiscal year 2020, Adtalem granted 370,280 RSUs to selected employees. Of these, 135,660 are performance-based RSUs and 234,620 are non-performance-based RSUs. Performance-based RSUs are earned by the recipients over a three-year period based on achievement of return on invested capital and free cash flow per share. Certain awards are subject to achievement of a minimum level of Adtalem’s earnings before interest, taxes, depreciation and amortization. Non-performance-based RSUs are subject to restrictions which lapse ratably over one, three or four-year periods on the grant anniversary date based on the recipient’s continued service on the Board, employment with Adtalem or upon retirement. During the restriction period, the recipient of the non-performance based RSUs has the right to receive dividend equivalents, if any. This right does not pertain to the performance-based RSUs. The following is a summary of RSU activity for the three months ended September 30, 2019: ​ ​ ​ ​ ​ ​ ​ ​ ​ Weighted ​ ​ ​ ​ Average ​ ​ Number of ​ Grant Date ​ ​ RSUs ​ Fair Value Outstanding at July 1, 2019 878,030 ​ $ 34.86 Granted 370,280 ​ 43.39 Vested (330,216) ​ 27.37 Forfeited (40,611) ​ 37.83 Outstanding at September 30, 2019 877,483 ​ $ 40.01 ​ The weighted average estimated grant date fair value of RSUs granted at market price under Adtalem’s stock-based incentive plans during the first three months of fiscal years 2020 and 2019 was $43.39 and $49.03, per share, respectively. The following table shows total stock-based compensation expense included in the Consolidated Statements of Income (Loss) (in thousands): ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Three Months Ended ​ ​ ​ September 30, ​ ​ 2019 2018 ​ Cost of Educational Services ​ $ 455 ​ $ 395 ​ Student Services and Administrative Expense ​ 4,768 ​ 3,742 ​ ​ ​ 5,223 ​ 4,137 ​ Income Tax Benefit ​ (2,533) ​ (2,007) ​ Net Stock-Based Compensation Expense ​ $ 2,690 ​ $ 2,130 ​ ​ As of September 30, 2019, $30.9 million of total pre-tax unrecognized stock-based compensation expense related to unvested grants is expected to be recognized over a weighted average period of 2.7 years. The total fair value of options and RSUs vested during the three months ended September 30, 2019 and 2018 was approximately $12.1 million and $11.1 million, respectively. There was no capitalized stock-based compensation cost at each of September 30, 2019, June 30, 2019 and September 30, 2018. Adtalem has an established practice of issuing new shares of common stock to satisfy stock-based grant exercises. However, Adtalem 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	3 Months Ended
	Sep. 30, 2019
Fair Value Disclosures [Abstract]
FAIR VALUE MEASUREMENTS	NOTE 5: FAIR VALUE MEASUREMENTS Adtalem 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 – Observable inputs other than prices included in Level 1, such as 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, Adtalem uses quoted market prices to determine fair value, and such measurements are classified within Level 1. In cases where market prices are not available, Adtalem 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. The carrying value of our Cash and Cash Equivalents approximates fair value because of their short-term nature. Adtalem maintains a rabbi trust to fund obligations under a non-qualified deferred compensation plan. Amounts in the rabbi trust are invested in stock and bond mutual funds, which are designated as available-for-sale securities carried at fair value, and are included in Investments in Marketable Securities on the Consolidated Balance Sheets. All Investments in Marketable Securities are recorded at fair value based upon quoted market prices using Level 1 inputs. As of September 30, 2019, June 30, 2019 and September 30, 2018, there were no assets or liabilities measured at fair value using Level 2 or Level 3 inputs. 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, 2019. See “Note 9: Intangible Assets” for further discussion on the impairment review including valuation techniques and assumptions.

FINANCING RECEIVABLES

FINANCING RECEIVABLES	3 Months Ended
	Sep. 30, 2019
Receivables [Abstract]
FINANCING RECEIVABLES	NOTE 6: FINANCING RECEIVABLES Adtalem’s financing receivables consist of trade receivables related to institutional loan programs available to students at Chamberlain, AUC, RUSM and RUSVM. 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 at rates from 3.0% to 12.0% per annum accrue each month on the unpaid balance. Most students are required to begin repaying their loans while they are still in school with a minimum payment level designed to demonstrate their capability to repay, reduce the possibility of over borrowing and to minimize interest being accrued on the loan balance. Payments may increase upon completing or departing school. After a student leaves school, the student typically will have a monthly installment repayment plan. In addition, the Becker CPA Exam Review Course can be financed through Becker’s flexible payment plans with terms of up to 18-months. Reserves for uncollectible loans are determined by analyzing the current aging of institutional loans and historical loss rates of loans at each institution. Management performs this analysis periodically throughout the year. Loans are considered nonperforming if they are more than 90 days past due. Since all of Adtalem’s institutional loans are generated through the extension of credit to fund educational costs, all such receivables are considered part of the same loan portfolio. The following table details the institutional loan balances along with the related allowances for credit losses (in thousands). ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ September 30, 2019 ​ June 30, 2019 ​ September 30, 2018 Gross Institutional Loans ​ ​ $ 47,673 ​ ​ $ 47,937 ​ ​ $ 48,936 Allowance for Credit Losses: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Balance at July 1 $ (6,289) ​ ​ ​ $ (10,003) ​ ​ ​ $ (10,003) ​ ​ ​ Charge-offs and Adjustments ​ ​ 26 ​ ​ ​ ​ ​ 10,777 ​ ​ ​ ​ ​ 5,355 ​ ​ ​ Recoveries ​ ​ (24) ​ ​ ​ ​ ​ (83) ​ ​ ​ ​ ​ (32) ​ ​ ​ Additional Provision ​ ​ (3,291) ​ ​ ​ ​ ​ (6,980) ​ ​ ​ ​ ​ (2,462) ​ ​ ​ Balance at End of Period ​ ​ ​ ​ ​ (9,578) ​ ​ ​ ​ ​ (6,289) ​ ​ ​ ​ ​ (7,142) Net Institutional Loans ​ ​ ​ $ 38,095 ​ ​ ​ $ 41,648 ​ ​ ​ $ 41,794 ​ Of the net balances above, $14.1 million, $16.6 million and $12.7 million was classified as Accounts Receivable, Net on the Consolidated Balance Sheets at September 30, 2019, June 30, 2019 and September 30, 2018, respectively, and $24.0 million, $25.1 million and $29.1 million, representing amounts due beyond one year, was classified as Other Assets, Net on the Consolidated Balance Sheets at September 30, 2019, June 30, 2019 and September 30, 2018, respectively. The following tables detail the credit risk profiles of the institutional loan balances based on payment activity and an aging of past due institutional loans (in thousands). ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ September 30, ​ June 30, ​ September 30, ​ 2019 2019 2018 Institutional Loans: ​ ​ ​ ​ Performing ​ $ 36,712 ​ $ 38,049 ​ $ 41,963 Nonperforming ​ 10,961 ​ 9,888 ​ 6,973 Total Institutional Loans ​ $ 47,673 ​ $ 47,937 ​ $ 48,936 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Greater ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ 30-59 ​ 60-89 ​ Than 90 ​ ​ ​ ​ ​ ​ ​ Total ​ ​ 1-29 Days ​ Days Past ​ Days Past ​ Days Past ​ Total ​ ​ ​ ​ Institutional ​ ​ Past Due ​ Due ​ Due ​ Due ​ Past Due ​ Current ​ Loans Institutional Loans: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ September 30, 2019 ​ $ 3,317 ​ $ 1,342 ​ $ 526 ​ $ 10,961 ​ $ 16,146 ​ $ 31,527 ​ $ 47,673 June 30, 2019 ​ $ 3,578 ​ $ 2,458 ​ $ 687 ​ $ 9,888 ​ $ 16,611 ​ $ 31,326 ​ $ 47,937 September 30, 2018 ​ $ 6,437 ​ $ 757 ​ $ 752 ​ $ 6,973 ​ $ 14,919 ​ $ 34,017 ​ $ 48,936 ​ Allowances for credit losses on nonperforming loans as of September 30, 2019, June 30, 2019 and September 30, 2018 were $9.4 million, $6.1 million and $7.0 million, respectively. ​ In connection with the completion of the sale of DeVry University, Adtalem loaned $10.0 million to DeVry University under the terms of the Note. The Note bears interest at a rate of 4% per annum, payable annually in arrears, and has a maturity date of January 1, 2022. The value of the DeVry University loan receivable included in Other Assets, Net on the Consolidated Balance Sheet as of September 30, 2019 and June 30, 2019 is estimated by discounting the future cash flows using an average of current rates for similar arrangements, which is estimated at 4% per annum. Management has evaluated the collectability of this note and has determined no reserve is necessary. On July 31, 2019, Adtalem sold its Chicago, Illinois, campus facility to DePaul College Prep Foundation (“DePaul College Prep”). In connection with the sale, Adtalem holds a mortgage from DePaul College Prep for $46.8 million. The mortgage is due on July 31, 2024 as a balloon payment and bears interest at a rate of 4% per annum, payable monthly. The value of the DePaul College Prep loan receivable included in Other Assets, Net on the Consolidated Balance Sheet as of September 30, 2019 is $40.4 million, which is estimated by discounting the future cash flows using an average of current rates for similar arrangements, which is estimated at 7% per annum. Management has evaluated the collectability of this note and has determined no reserve is necessary.

SHARE REPURCHASE PROGRAMS

SHARE REPURCHASE PROGRAMS	3 Months Ended
	Sep. 30, 2019
Dividends And Share Repurchase Program [Abstract]
SHARE REPURCHASE PROGRAMS	NOTE 7: SHARE REPURCHASE PROGRAMS On November 7, 2018, the Board authorized Adtalem’s eleventh share repurchase program, which allows Adtalem to repurchase up to $300 million of its common stock through December 31, 2021. The eleventh share repurchase program commenced in January 2019. During the three months ended September 30, 2019, a total of 918,807 shares were repurchased for an aggregate of $40.3 million under the eleventh share repurchase program. To date, a total of 3,463,963 shares were repurchased for an aggregate of $158.1 million under the eleventh share repurchase program, resulting in $141.9 million of authorized share repurchases remaining under the eleventh share repurchase program as of September 30, 2019. The timing and amount of any repurchases will be determined based on an evaluation of market conditions and other factors. These repurchases may be made through the open market, including block purchases, in privately negotiated transactions, or otherwise. The repurchases will be funded through available cash balances and/or borrowings and may be suspended or discontinued at any time. 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	3 Months Ended
	Sep. 30, 2019
Business Combinations [Abstract]
BUSINESS COMBINATIONS	NOTE 8: BUSINESS COMBINATIONS OnCourse Learning On May 31, 2019, Adtalem completed the acquisition of 100% of the equity interests of OCL for $118.4 million, net of cash of $1.2 million. The payment for this purchase was made in the fourth quarter of fiscal year 2019, and was funded with available domestic cash balances and $100 million in borrowings under Adtalem’s revolving credit facility. OCL is a leading provider of compliance training, licensure preparation, continuing education and professional development in the banking and mortgage industries across the U.S. The acquisition furthers Adtalem’s growth strategy into financial services. The operations of OCL are included in Adtalem’s Financial Services segment. The results of OCL’s operations have been included in the Consolidated Financial Statements of Adtalem since the date of acquisition. The following table summarizes the preliminary fair values of the assets acquired and liabilities assumed at the date of acquisition (in thousands): ​ ​ ​ ​ ​ May 31, ​ ​ 2019 Current Assets ​ $ 5,260 Property and Equipment ​ 1,197 Intangible Assets ​ 63,100 Goodwill ​ 59,519 Total Assets Acquired ​ 129,076 Liabilities Assumed ​ 9,445 Net Assets Acquired ​ $ 119,631 ​ 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 Financial Services reporting unit and reportable segment. Factors that contributed to a purchase price resulting in the recognition of goodwill include OCL’s strategic fit into Adtalem’s expanding presence in financial services, the reputation of the OCL brand as a leader in the industry and potential future growth opportunity. Of the $63.1 million of acquired intangible assets, $18.4 million was assigned to Trade Names, which has been determined not to be subject to amortization. The remaining acquired intangible assets were determined to be subject to amortization with an average useful life of approximately nine years. The values and estimated useful lives by asset type are as follows (in thousands): ​ ​ ​ ​ ​ ​ ​ ​ May 31, 2019 ​ ​ Value ​ Estimated ​ Assigned Useful Life Customer Relationships ​ $ 26,400 ​ 11 years Curriculum ​ 11,600 6 years Course Delivery Technology ​ 6,700 5 years ​ There is no proforma presentation of operating results for this acquisition due to the insignificant effect on consolidated operations.

INTANGIBLE ASSETS

INTANGIBLE ASSETS	3 Months Ended
	Sep. 30, 2019
Goodwill and Intangible Assets Disclosure [Abstract]
INTANGIBLE ASSETS	NOTE 9: 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. Intangible assets consist of the following (in thousands): ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ September 30, 2019 ​ ​ ​ Gross ​ ​ Weighted Average ​ ​ Carrying ​ Accumulated ​ Amortization ​ ​ Amount ​ Amortization ​ Period Amortizable Intangible Assets: ​ ​ Customer Relationships ​ $ 68,900 ​ $ (15,865) 10 Years Curriculum/Software ​ 11,600 ​ (644) 6 Years Course Delivery Technology ​ 7,200 ​ (853) 5 Years Total ​ $ 87,700 ​ $ (17,362) Indefinite-Lived Intangible Assets: ​ ​ Trade Names ​ $ 95,746 ​ Chamberlain Title IV Eligibility and Accreditations ​ 1,200 ​ AUC Title IV Eligibility and Accreditations ​ 100,000 ​ Ross Title IV Eligibility and Accreditations ​ 14,100 ​ Intellectual Property ​ 13,940 ​ Total ​ $ 224,986 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ June 30, 2019 ​ Gross ​ ​ ​ ​ Carrying ​ Accumulated ​ ​ Amount ​ Amortization Amortizable Intangible Assets: ​ ​ ​ ​ Customer Relationships $ 69,300 $ (14,448) Curriculum/Software ​ 16,600 ​ (5,193) Course Delivery Technology ​ 7,200 ​ (487) Total ​ $ 93,100 ​ $ (20,128) Indefinite-Lived Intangible Assets: ​ ​ Trade Names ​ $ 95,777 ​ Chamberlain Title IV Eligibility and Accreditations ​ 1,200 ​ AUC Title IV Eligibility and Accreditations ​ 100,000 ​ Ross Title IV Eligibility and Accreditations ​ 14,100 ​ Intellectual Property ​ 13,940 ​ Total ​ $ 225,017 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ September 30, 2018 ​ Gross ​ ​ ​ ​ Carrying Accumulated ​ Amount Amortization Amortizable Intangible Assets: ​ ​ Customer Relationships ​ $ 42,900 ​ $ (10,756) Curriculum/Software ​ ​ 5,000 ​ ​ (3,750) Proprietary Technology ​ ​ 500 ​ ​ (281) Total $ 48,400 $ (14,787) Indefinite-Lived Intangible Assets: ​ ​ ​ ​ ​ ​ Trade Names $ 77,313 ​ ​ ​ Chamberlain Title IV Eligibility and Accreditations ​ ​ 1,200 ​ ​ ​ AUC Title IV Eligibility and Accreditations ​ ​ 100,000 ​ ​ ​ Ross Title IV Eligibility and Accreditations ​ ​ 14,100 ​ ​ ​ Intellectual Property ​ ​ 13,940 ​ ​ ​ Total $ 206,553 ​ ​ ​ ​ Amortization expense for amortized intangible assets was $2.5 million and $1.6 million for the three months ended September 30, 2019 and 2018, respectively. 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): ​ ​ ​ ​ ​ ​ ​ Financial Fiscal Year ​ Services ​ 2020 (Remaining) ​ $ 7,728 ​ 2021 ​ 10,073 ​ 2022 ​ 9,944 ​ 2023 ​ 9,792 ​ 2024 ​ 9,509 ​ Thereafter ​ 23,292 ​ Total ​ $ 70,338 ​ ​ All amortizable intangible assets except ACAMS customer relationships are being amortized on a straight-line basis. 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 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. Adtalem’s annual impairment review was most recently completed as of May 31, 2019, at which time there was no impairment loss associated with recorded goodwill or indefinite-lived intangible assets for any reporting unit. Adtalem has four reporting units that contained goodwill as of the first quarter of fiscal year 2020. These reporting units constitute components for which discrete financial information is available and regularly reviewed by segment management. If the carrying amount of a reporting unit containing the goodwill exceeds the fair value of that reporting unit, an impairment loss to goodwill is recognized. In analyzing the results of operations and business conditions of all the reporting units, as of September 30, 2019, it was determined that no triggering event had occurred that would indicate the carrying value of a reporting unit had exceeded its fair value. Adtalem has four reporting units that contained indefinite-lived intangible assets as of the first quarter of fiscal year 2020. For indefinite-lived intangible assets, management first analyzes qualitative factors including results of operations and business conditions of the four 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. These interim triggering event conclusions were based on the fact that the annual impairment review of Adtalem’s reporting units and indefinite-lived intangible assets resulted in no impairment indicators as of the end of fiscal year 2019, and that no interim events or deviations from planned operating results occurred as of September 30, 2019, that would cause management to reassess these conclusions. In January 2019, Adtalem relocated RUSM to Barbados from its temporary locations in Knoxville, Tennessee at facilities owned by Lincoln Memorial University (“LMU”) and at a facility in St Kitts. Management believes the values of RUSM’s goodwill and indefinite-lived intangible assets are not affected by this move. The Trade Name will continue to be used and the U.S. Department of Education (“ED”) has provided approval for RUSM to operate in Barbados. No new accreditation is necessary, as RUSM’s secondary accreditor, the Caribbean Accreditation Authority for Education in Medicine and other Health Professions (“CAAM-HP”), is now its primary accreditor as of the start of the January 2019 semester. CAAM-HP is authorized by the government of Barbados to accredit medical programs. 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 or goodwill. As of September 30, 2019, intangible assets from business combinations totaled $295.3 million and goodwill totaled $687.0 million. Together, these assets equaled 40% of total assets as of such date, and any impairment could significantly affect future results of operations. The table below summarizes goodwill balances by reporting unit (in thousands): ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ September 30, June 30, September 30, Reporting Unit ​ 2019 ​ 2019 ​ 2018 Chamberlain ​ $ 4,716 ​ $ 4,716 ​ $ 4,716 AUC ​ 68,321 ​ 68,321 ​ 68,321 RUSM and RUSVM ​ 237,173 ​ 237,173 ​ 237,173 Financial Services ​ 376,782 ​ 377,046 ​ 317,029 Total ​ $ 686,992 ​ $ 687,256 ​ $ 627,239 ​ The table below summarizes goodwill balances by reportable segment (in thousands): ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ September 30, June 30, September 30, Reportable Segment ​ 2019 ​ 2019 ​ 2018 Medical and Healthcare ​ $ 310,210 ​ $ 310,210 ​ $ 310,210 Financial Services ​ 376,782 ​ 377,046 ​ 317,029 Total ​ $ 686,992 ​ $ 687,256 ​ $ 627,239 ​ The table below summarizes the changes in goodwill balances by reportable segment (in thousands): ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Medical and Financial ​ ​ ​ ​ Healthcare ​ Services ​ Total Balance at June 30, 2018 ​ $ 310,210 ​ $ 317,699 ​ $ 627,909 Foreign exchange rate changes ​ — ​ (670) ​ (670) Balance at September 30, 2018 ​ ​ 310,210 ​ ​ 317,029 ​ ​ 627,239 Acquisitions ​ ​ — ​ ​ 59,519 ​ ​ 59,519 Foreign exchange rate changes ​ — ​ 498 ​ 498 Balance at June 30, 2019 ​ ​ 310,210 ​ ​ 377,046 ​ ​ 687,256 Foreign exchange rate changes ​ — ​ (264) ​ (264) Balance at September 30, 2019 ​ $ 310,210 ​ $ 376,782 ​ $ 686,992 ​ The decrease in the goodwill balance from June 30, 2019 in the Financial Services segment is the result of a change in the value of the Indian Rupee compared to the U.S. dollar. Since EduPristine’s goodwill is recorded in local currency, fluctuations in the values of the Indian Rupee in relation to the U.S. dollar will cause changes in the balance of this asset. The table below summarizes the indefinite-lived intangible asset balances by reportable segment (in thousands): ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ September 30, June 30, September 30, Reportable Segment ​ 2019 ​ 2019 ​ 2018 Medical and Healthcare ​ $ 137,500 ​ $ 137,500 ​ $ 137,500 Financial Services ​ 87,486 ​ 87,517 ​ 69,053 Total ​ $ 224,986 ​ $ 225,017 ​ $ 206,553 ​

RESTRUCTURING CHARGES

RESTRUCTURING CHARGES	3 Months Ended
	Sep. 30, 2019
Restructuring and Related Activities [Abstract]
RESTRUCTURING CHARGES	NOTE 10: RESTRUCTURING CHARGES During the first quarter of fiscal year 2020, Adtalem recorded restructuring charges primarily related to the sale of Becker’s courses for healthcare students and Adtalem’s home office real estate consolidations. During the first quarter of fiscal year 2019, Adtalem recorded restructuring charges primarily related to the impairment of the land, buildings and equipment at the Dominica campus of RUSM and severance related to workforce reductions in Dominica. In January 2019, RUSM relocated its campus operations to Barbados with no plans to return to Dominica. The land, buildings and equipment in Dominica have been fully impaired as management determined the market value less the costs to sell the facilities or move the equipment is zero (see “Note 3: Summary of Significant Accounting Policies”). In addition, during the first quarter of fiscal year 2019, Adtalem recorded restructuring charges primarily related to real estate consolidations at Adtalem’s home office. When estimating costs of exiting lease space, estimates are made which could differ materially from actual results and result in additional restructuring charges or reversals in future periods. Termination benefit charges, resulting from reducing Adtalem’s workforce by 15 and 176 positions in the first quarter of fiscal year 2020 and 2019, respectively, represented severance pay and benefits for these employees. Adtalem’s home office is classified as “Home Office and Other” in “Note 15: Segment Information.” Pre-tax restructuring charges by segment were as follows (in thousands): ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Three Months Ended September 30, 2019 ​ Three Months Ended September 30, 2018 ​ Real Estate Termination ​ ​ Real Estate Termination ​ ​ ​ ​ and Other ​ Benefits ​ Total ​ and Other ​ Benefits ​ Total Medical and Healthcare ​ $ 127 ​ $ — ​ $ 127 ​ $ 37,753 ​ $ 1,262 ​ $ 39,015 Financial Services ​ ​ 1,690 ​ ​ 289 ​ ​ 1,979 ​ ​ — ​ ​ — ​ ​ — Home Office and Other ​ 4,122 ​ 302 ​ 4,424 ​ 509 ​ (51) ​ 458 Total ​ $ 5,939 ​ $ 591 ​ $ 6,530 ​ $ 38,262 ​ $ 1,211 ​ $ 39,473 ​ The following table summarizes the separation and restructuring plan activity for the fiscal years 2020 and 2019, for which cash payments are required (in thousands): ​ ​ ​ ​ Liability balance at June 30, 2018 $ 38,927 Increase in liability (separation and other charges) ​ 8,870 Reduction in liability (payments and adjustments) ​ (22,714) Liability balance at June 30, 2019 ​ 25,083 ASC 842 (Leases) Adjustment (1) ​ ​ (25,030) Liability balance at July 1, 2019 ​ 53 Increase in liability (separation and other charges) ​ 591 Reduction in liability (payments and adjustments) ​ (500) Liability balance at September 30, 2019 ​ $ 144 ​ (1) The liability balance of $0.1 million as of September 30, 2019 is recorded as Accrued Liabilities on the Consolidated Balance Sheet. This liability balance represents costs for employees who have either not yet separated from Adtalem or for whom full severance has not yet been paid. All of these remaining costs are expected to be paid within the next 12 months.

LEASES

LEASES	3 Months Ended
	Sep. 30, 2019
LEASES
LEASES	NOTE 11: LEASES Management determines if a contract contains a lease at inception. Adtalem has entered into operating leases for academic sites, housing facilities and office space which expire at various dates through February 2030, most of which include options to terminate for a fee or extend the leases for an additional five-year period. The lease term includes options to terminate or extend when it is reasonably certain that the option will be exercised. Management elected to account for lease and non-lease components (e.g., common-area maintenance costs) as a single lease component for all operating leases. Leases with an initial term of 12 months or less are not recorded on the balance sheet. Adtalem has not entered into any financing leases. Operating lease liabilities represent our obligation to make lease payments arising from the lease. Operating lease assets represent our right to use an underlying asset during the lease term. Operating lease assets and liabilities are recognized at the lease commencement date based on the present value of future lease payments over the lease term. Operating lease assets are adjusted for any prepaid or accrued lease payments, lease incentives, initial direct costs and impairments. Adtalem’s incremental borrowing rate is utilized in determining the present value of the lease payments when the implicit rate is not readily determinable based upon the information available at the commencement date. Adtalem’s incremental borrowing rate is determined using a secured borrowing rate for the same currency and term as the associated lease. Operating lease expense is recognized on a straight-line basis over the lease term. As of September 30, 2019, an additional operating lease that has not yet commenced will result in an additional operating lease asset and lease liability of $10.0 million. This operating lease will commence during the third quarter of fiscal year 2020 and has an 11-year lease term. The components of lease cost were as follows (in thousands): ​ ​ ​ ​ ​ ​ ​ Three Months Ended ​ September 30, ​ ​ 2019 Operating Lease Cost ​ $ 13,703 Sublease Income ​ (5,126) Total Lease Cost ​ $ 8,577 ​ Maturities of lease liabilities by fiscal year were as follows as of September 30, 2019 (in thousands): ​ ​ ​ ​ ​ Operating Fiscal Year ​ Leases 2020 (Remaining) ​ $ 50,344 2021 ​ ​ 61,142 2022 ​ ​ 56,349 2023 ​ ​ 45,344 2024 ​ ​ 28,880 Thereafter ​ ​ 40,791 Total lease payments ​ 282,850 Less: imputed interest ​ ​ (36,738) Present value of lease liabilities ​ $ 246,112 ​ Lease term and discount rate were as follows: ​ ​ ​ ​ ​ September 30, ​ ​ 2019 Weighted-average remaining operating lease term (years) ​ ​ 5.1 Weighted-average operating lease discount rate ​ ​ 5.4% ​ Supplemental disclosures of cash flow information related to leases were as follows (in thousands): ​ ​ ​ ​ ​ September 30, ​ ​ 2019 Cash paid for amounts in the measurement of operating lease liabilities (net of sublease receipts) ​ $ 11,963 Operating lease assets obtained in exchange for operating lease liabilities ​ $ 4,868 ​ Adtalem maintains agreements to lease four facilities owned by Adtalem to DeVry University with various expiration dates through December 2023. Adtalem entered into agreements to sublease either a portion or the full leased space at 25 of its operating lease locations. Most of these subleases are a result of Adtalem retaining leases associated with restructured lease activities at DeVry University and Carrington prior to their divestitures during fiscal year 2019. All sublease expirations with DeVry University and Carrington coincide with Adtalem’s original head lease expiration dates. At that time, Adtalem will be relieved of its obligations. In addition, Adtalem has entered into subleases with non-affiliated entities for vacated or partially vacated space from restructuring activities. Adtalem sublease agreements expire at various dates through December 2025. Adtalem records sublease income as an offset against its lease expense recorded on the head lease. For leases which Adtalem vacated or partially vacated space, Adtalem recorded estimated restructuring charges in prior periods. Actual results may differ from these estimates, which could result in additional restructuring charges or reversals. Future minimum lease and sublease rental income under these agreements at September 30, 2019, are as follows (in thousands): ​ ​ ​ ​ ​ Fiscal Year Amount 2020 (Remaining) ​ $ 18,608 2021 ​ ​ 20,099 2022 ​ 17,103 2023 ​ 16,368 2024 ​ 10,523 Thereafter ​ ​ 7,308 Total ​ $ 90,009 ​ As previously disclosed in our 2019 Annual Report on Form 10-K and under the previous lease accounting, future minimum rental commitments for all noncancelable operating leases, adjusted to exclude Adtalem Brazil, having a remaining term in excess of one year at June 30, 2019, were as follows (in thousands): ​ ​ ​ ​ Fiscal Year ​ Amount 2020 ​ $ 67,109 2021 ​ ​ 60,781 2022 ​ ​ 55,982 2023 ​ ​ 44,970 2024 ​ ​ 28,374 Thereafter ​ ​ 36,120 Total minimum lease payments ​ $ 293,336 ​ Rent expense, adjusted to exclude Adtalem Brazil, for the years ended June 30, 2019 and 2018 was $35.8 million and $25.0 million, respectively.

INCOME TAXES

INCOME TAXES	3 Months Ended
	Sep. 30, 2019
Income Tax Disclosure [Abstract]
INCOME TAXES	NOTE 12: INCOME TAXES The effective tax rate on income from continuing operations was 17.6% in the first quarter of fiscal year 2020 compared to 32.4% on loss from continuing operations in the first quarter of fiscal year 2019. The effective tax rate in the first quarter of fiscal year 2019 included a pre-tax income special item of $39.0 million related to the write-offs of assets and restructuring charges in Dominica. The effective tax rates on income from continuing operations excluding this non-recurring special item was 16.4% in the first quarter of fiscal year 2019. The increase in the first quarter of fiscal year 2020 primarily reflects a decrease in the percentage of earnings from foreign operations, which are taxed at lower rates than domestic earnings. The provisions from the Tax Cuts and Jobs Act of 2017 (the “Tax Act”) impacting the first quarter of fiscal year 2020 effective tax rate include a tax on global intangible low-taxed income (“GILTI”), a deduction for foreign derived intangible income (“FDII”), and a limitation of certain executive compensation. Our estimates may be revised in future periods as we obtain additional data and any new regulations or guidance is released. Three of Adtalem’s operating units benefit from local tax incentives: AUC, which operates in St. Maarten, RUSM, which operates in Barbados, and RUSVM, which operates in St. Kitts. AUC’s effective tax rate reflects benefits derived from investment incentives. RUSM and RUSVM each have agreements with their respective domestic governments that exempt them from local income taxation. RUSM has an exemption in Barbados until 2039. RUSVM has an exemption in St. Kitts until 2037.

DEBT

DEBT	3 Months Ended
	Sep. 30, 2019
Debt Disclosure [Abstract]
DEBT	NOTE 13: DEBT Long-term debt consists of the following (in thousands): ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ September 30, June 30, September 30, ​ ​ 2019 ​ 2019 ​ 2018 Total Debt: ​ ​ ​ Term B Loan ​ $ 296,250 ​ $ 297,000 ​ $ 299,250 Revolver ​ 40,000 ​ 110,000 ​ — Total Principal Payments Due ​ 336,250 ​ 407,000 ​ 299,250 Deferred Debt Issuance Costs ​ (5,650) ​ (5,906) ​ (6,671) Total Amount Outstanding ​ 330,600 ​ 401,094 ​ 292,579 Less Current Portion: ​ ​ ​ Term B Loan ​ (3,000) ​ (3,000) ​ (3,000) Noncurrent Portion ​ $ 327,600 ​ $ 398,094 ​ $ 289,579 ​ Scheduled future maturities of long-term debt for the next five fiscal years ending June 30 and in the aggregate are as follows (in thousands): ​ ​ ​ ​ ​ Maturity Fiscal Year ​ Payments 2020 (Remaining) ​ $ 2,250 2021 ​ 3,000 2022 ​ 3,000 2023 ​ 43,000 2024 ​ 3,000 Thereafter ​ 282,000 Total ​ $ 336,250 ​ Senior Secured Credit Facilities On April 13, 2018, Adtalem entered into a Credit Agreement (the “Credit Agreement”) that provides for (1) a $300 million revolving facility (“Revolver”) with a maturity date of April 13, 2023, and (2) a $300 million senior secured Term B loan (“Term B Loan”) with a maturity date of April 13, 2025. We refer to the Revolver and Term B Loan collectively as the “Credit Facility.” The Revolver has availability for currencies other than U.S. dollars of up to $200 million and $100 million available for letters of credit. Subject to certain conditions set forth in the Credit Agreement, the Credit Facility may be increased by $250 million. Interest on the Term B Loan and the Revolver is set based on the London Interbank Offered Rate (“LIBOR”) based on observable market transactions. The U.K. Financial Conduct Authority (“FCA”), which regulates LIBOR, has announced that it has commitments from panel banks to continue to contribute to LIBOR through the end of 2021, but that it will not use its powers to compel contributions beyond such date. Various parties, including government agencies, are seeking to identify an alternative rate to replace LIBOR. Management is monitoring their efforts, and evaluating the need for an amendment to the Credit Agreement to accommodate a replacement rate. Term B Loan For Eurocurrency rate loans, Term B Loan interest is equal to LIBOR or a LIBOR-equivalent rate plus 3%. For base rate loans, Term B Loan interest is equal to the base rate plus 2%. The Term B Loan amortizes in equal quarterly installments of $750,000, with the balance due at maturity on April 13, 2025. As of September 30, 2019, June 30, 2019 and September 30, 2018, the interest rate for borrowings under the Term B Loan facility was 5.04%, 5.40% and 5.24%, respectively, which approximated the effective interest rate. Revolver Revolver interest is equal to LIBOR or a LIBOR-equivalent rate for Eurocurrency rate loans or a base rate, plus an applicable rate based on Adtalem’s consolidated leverage ratio, as defined in the Credit Agreement. The applicable rate ranges from 1.75% to 2.75% for Eurocurrency rate loans and from 0.75% to 1.75% for base rate loans. As of September 30, 2019 and June 30, 2019, borrowings under the Revolver were $40 million and $110 million with a weighted average interest rate of 4.20% and 4.66%, respectively. There were no outstanding borrowings under the Revolver as of September 30, 2018. Adtalem had a letter of credit outstanding of $68.4 million as of each of September 30, 2019, June 30, 2019 and September 30, 2018. This letter of credit was posted in the second quarter of fiscal year 2017 in relation to a settlement with the Federal Trade Commission (“FTC”). As of September 30, 2019, Adtalem is charged an annual fee equal to 2.25% of the undrawn face amount of the outstanding letters of credit under the Revolver, payable quarterly. Adtalem continues to post the letter of credit in relation to the settlement with the FTC on behalf of DeVry University and is reimbursed by DeVry University for 2.00% of the outstanding amount of this letter of credit. The Credit Agreement also requires payment of a commitment fee equal to 0.40% of the undrawn portion of the Revolver as of September 30, 2019. The amount undrawn under the Revolver, which includes the impact of the outstanding letters of credit, was $191.6 million as of September 30, 2019. The letter of credit fees and commitment fees are adjustable quarterly, based upon Adtalem’s achievement of certain financial ratios. Debt Issuance Costs Adtalem incurred $9.9 million in fees that were capitalized in relation to the Credit Agreement, $7.1 million of which was related to the Term B Loan facility and $2.7 million of which was related to the Revolver facility. The deferred debt issuance costs related to the Term B Loan are presented as a direct deduction from the face amount of the debt, while the deferred debt issuance costs related to the Revolver are classified as Other Assets, Net on the Consolidated Balance Sheets. The deferred debt issuance costs amortization is recorded in Interest Expense in the Consolidated Statements of Income (Loss). The following table summarizes the total deferred debt issuance costs for the Term B Loan and Revolver, which are being amortized over seven years and five years, respectively (in thousands): ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Term B Loan Revolver Total Deferred Debt Issuance Costs at June 30, 2019 ​ $ 5,906 ​ $ 2,061 ​ $ 7,967 Amortization of Deferred Debt Issuance Costs ​ (256) ​ (136) ​ (392) Deferred Debt Issuance Costs at September 30, 2019 ​ $ 5,650 ​ $ 1,925 ​ $ 7,575 ​ Covenants and Guarantees The Credit Agreement contains customary covenants, including restrictions on our restricted subsidiaries’ ability to merge and consolidate with other companies, incur indebtedness, grant liens or security interest on assets, make acquisitions, loans, advances or investments, or sell or otherwise transfer assets. The 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 Adtalem’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 Credit Agreement would constitute an event of default and could result in termination of the Credit Agreement and require payment of all outstanding borrowings and replacement of outstanding letters of credit. Adtalem was in compliance with the debt covenants as of September 30, 2019. The stock of all U.S. and certain foreign subsidiaries of Adtalem is pledged as collateral for borrowings under the Credit Agreement. The Term B Loan requires mandatory prepayments equal to a percentage of Excess Cash Flow, which is defined within the Credit Agreement, subject to incremental step-downs, depending on the consolidated leverage ratio. Beginning in fiscal year 2019, the Excess Cash Flow payment is due in the first quarter of each year and is based on the Excess Cash Flow and leverage ratio for the prior year. No payment was due as of September 30, 2019. Our borrowings under the Credit Facility are guaranteed by us and all of our domestic subsidiaries (subject to certain exceptions) and secured by a first lien on our assets and the assets of our guarantor subsidiaries (excluding real estate), including capital stock of the subsidiaries.

COMMITMENTS AND CONTINGENCIES

COMMITMENTS AND CONTINGENCIES	3 Months Ended
	Sep. 30, 2019
Commitments and Contingencies Disclosure [Abstract]
COMMITMENTS AND CONTINGENCIES	NOTE 14: COMMITMENTS AND CONTINGENCIES Adtalem 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. As of September 30, 2019, Adtalem believes it has adequately reserved for potential losses. 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 Adtalem’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. 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 Adtalem, 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 Adtalem common stock between February 4, 2011 and January 27, 2016. The complaint cites the January 27, 2016 Notice of Intent to Limit (the “January 2016 Notice”) and a civil complaint (the “FTC lawsuit”) filed by the FTC on January 27, 2016 against Adtalem, DeVry University, Inc., and DeVry/New York Inc. (collectively, the “Adtalem Parties”), which was resolved with the FTC in 2017, that alleged 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 FTC Act, as the basis for 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 alleged false or misleading statements, the plaintiff alleged that defendants overstated Adtalem’s growth, revenue and earnings potential and made false or misleading statements about Adtalem’s business, operations and prospects. The plaintiff alleged direct liability against all defendants for violations of §10(b) and Rule 10b-5 of the Securities Exchange Act of 1934 (the “Exchange Act”) and asserted liability against the individual defendants pursuant to § 20(a) of the Exchange Act. The plaintiff sought 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. URS was appointed as lead plaintiff on August 24, 2016. URS filed a second amended complaint (“SAC”) on December 23, 2016. The SAC sought to represent a putative class of persons who purchased Adtalem common stock between August 26, 2011 and January 27, 2016 and named an additional individual defendant, Patrick J. Unzicker, Adtalem’s former Chief Financial Officer. Like the original complaint, the SAC asserted 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, which motion was granted on December 6, 2017, without prejudice. The plaintiffs filed a third amended complaint (“TAC”) on January 29, 2018. The defendants moved to dismiss the TAC on March 30, 2018. The court denied the motion to dismiss the TAC on December 20, 2018. On February 8, 2019, defendants filed their answer to the TAC wherein defendants denied all material allegations in the TAC. The parties engaged in mediation and reached a tentative resolution. On September 5, 2019, the court granted preliminary approval of the class action settlement. The final approval hearing is set for December 6, 2019. 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 Adtalem Parties in the United States District Court for the Northern District of Illinois (the “Petrizzo Case”). The complaint was filed on behalf of a putative class of persons consisting of those who enrolled in and/or attended classes at DeVry University during and after 2002 and who were unable to find employment within their chosen field of study within six months of graduation. Citing the FTC lawsuit, the plaintiffs claimed that defendants made false or misleading statements regarding DeVry University’s graduate employment rate and asserted claims for unjust enrichment and violations of six different states’ consumer fraud, unlawful trade practices, and consumer protection laws. The plaintiffs seek monetary, declaratory, injunctive, and other unspecified relief. 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 Adtalem Parties in the United States District Court for the Northern District of Illinois (the “Jara Case”). The individual plaintiffs claimed to have graduated from DeVry University in 2001 or later and sought to proceed on behalf of a putative class of persons consisting of those who obtained a degree from DeVry University and who were unable to find employment within their chosen field of study within six months of graduation. Citing the FTC lawsuit, the plaintiffs claimed that defendants made false or misleading statements regarding DeVry University’s graduate employment rate and asserted claims for unjust enrichment and violations of ten different states’ consumer fraud, unlawful trade practices, and consumer protection laws. The plaintiffs sought monetary, declaratory, injunctive, and other unspecified relief. By order dated November 28, 2016, the district court ordered the Petrizzo Case and the Jara Case be consolidated under the Petrizzo caption for all further purposes. On December 5, 2016, plaintiffs filed an amended consolidated complaint on behalf of 38 individual plaintiffs and others similarly situated. The amended consolidated complaint sought to bring claims on behalf of the named individuals and a putative nationwide class of individuals for unjust enrichment and alleged violations of the Illinois Consumer Fraud and Deceptive Practices Act and the Illinois Private Businesses and Vocational Schools Act of 2012. In addition, it purported to assert causes of action on behalf of certain of the named individuals and 15 individual state-specific putative classes for alleged violations of 15 different states’ consumer fraud, unlawful trade practices, and consumer protection laws. Finally, it sought to bring individual claims under Georgia state law on behalf of certain named plaintiffs. The plaintiffs sought monetary, declaratory, injunctive, and other unspecified relief. A motion to dismiss the amended complaint was filed by the Adtalem Parties and granted by the court, without prejudice, on February 12, 2018. On April 12, 2018, the Petrizzo plaintiffs refiled their complaint with a new lead plaintiff, Renee Heather Polly. The plaintiffs’ refiled complaint is nearly identical to the complaint previously dismissed by the court on February 12, 2018. The Adtalem Parties moved to dismiss this refiled complaint on May 14, 2018. The court granted defendants’ motion and dismissed the amended complaint with prejudice on February 13, 2019. On March 15, 2019, plaintiffs filed a notice of appeal and this matter is currently pending on appeal before the Seventh Circuit. On January 17, 2017, Harriet Myers filed a complaint derivatively on behalf of Adtalem 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. Adtalem was named as a nominal defendant only. The plaintiff agreed to a stipulated order moving the case to the United States District Court for the District of Delaware. Citing the FTC lawsuit and settlement, the January 2016 Notice, the negotiated agreement reached by DeVry University and ED on October 13, 2016 (the “ED Settlement”), and the allegations in the lawsuit filed by the Pension Trust Fund for Operating Engineers, each referenced above, the plaintiff has alleged that the individual defendants have breached their fiduciary duties and violated federal securities law since at least 2011. The plaintiff has asserted that the individual defendants permitted Adtalem 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) of the Exchange Act 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. The plaintiff seeks on behalf of Adtalem monetary, injunctive and other unspecified relief. The parties reached an agreement to settle this matter along with the City of Hialeah City of Hialeah On June 20, 2017, the City of Hialeah Employees Retirement System filed a complaint derivatively on behalf of Adtalem in the Court of Chancery of the State of Delaware against individual defendants Daniel M. Hamburger, Christopher B. Begley, Lisa W. Wardell, Lyle Logan, Fernando Ruiz, Ronald L. Taylor and James D. White. Adtalem was named as a nominal defendant only. Citing the FTC lawsuit and settlement, the January 2016 Notice and ED Settlement, and documents produced in response to plaintiff’s request under Section 220 of the Delaware General Corporation Law, the plaintiff alleges that the individual defendants have breached their fiduciary duties. The plaintiff asserts that the individual defendants permitted Adtalem and DeVry University to make, and failed to stop, false and misleading advertisements in breach of their fiduciary duties and in bad faith. The plaintiff seeks on behalf of Adtalem monetary and other unspecified relief. A motion to dismiss the complaint was filed by the Adtalem Parties on September 1, 2017, which was partially granted as to one count and partially denied as to another count on April 20, 2018. The parties reached an agreement to settle this matter along with the Myers City of Hialeah On April 13, 2018, a putative class action lawsuit was filed by Nicole Versetto, individually and on behalf of other similarly situated, against the Adtalem Parties in the Circuit Court of Cook County, Illinois, Chancery Division. The complaint was filed on behalf of herself and three separate classes of similarly situated individuals who were citizens of the State of Illinois and who purchased or paid for a DeVry University program between January 1, 2008 and April 8, 2016. The plaintiff claims that defendants made false or misleading statements regarding DeVry University’s graduate employment rate and asserts causes of action under the Illinois Uniform Deceptive Trade Practices Act, Illinois Consumer Fraud and Deceptive Trade Practices Act, and Illinois Private Business and Vocational Schools Act, and claims of breach of contract, fraudulent misrepresentation, concealment, negligence, breach of fiduciary duty, conversion, unjust enrichment, and declaratory relief as to violations of state law. The plaintiff seeks compensatory, exemplary, punitive, treble, and statutory penalties and damages, including pre-judgment and post-judgment interest, in addition to restitution, declaratory and injunctive relief, and attorneys’ fees. The Adtalem Parties moved to dismiss this complaint on June 20, 2018. On March 11, 2019, the court granted plaintiff’s motion for leave to file an amended complaint. Plaintiff filed an amended complaint that same day, asserting similar claims, with new lead plaintiff, Dave McCormick. Defendants filed a motion to dismiss plaintiff’s amended complaint on April 15, 2019 and the court granted Defendants’ motion on July 29, 2019, with leave to amend. The plaintiff has filed an amended complaint on August 26, 2019. Defendants’ intend to move to dismiss this complaint as it is substantially similar to the one the court previously dismissed. On May 8, 2018, the Carlson Law Firm (“Carlson”) filed a lawsuit against Adtalem and DeVry University, Inc., on behalf of 71 individual former DeVry University students in Rangel v. Adtalem and DeVry University, Inc. Carlson filed this lawsuit in the United States District Court for the Western District of Texas. Plaintiffs contend that DeVry University “made deceptive representations about the benefits of obtaining a degree from DeVry University” in violation of Texas state laws and seek full restitution of all monies paid to DeVry University and any student loan lenders, punitive damages, and attorneys’ fees. The defendants moved to dismiss this complaint on June 5, 2018. On June 27, 2018, Carlson filed a second lawsuit on behalf of 32 former DeVry University students against Adtalem and DeVry University, Inc. in Lindberg v. Adtalem and DeVry University, Inc. Carlson filed this lawsuit in the United States District Court for the Western District of Texas. The allegations are identical to the allegations in the lawsuit Carlson filed on May 8, 2018. Specifically, plaintiffs contend that DeVry University “made deceptive representations about the benefits of obtaining a degree from DeVry University” in violation of Texas state laws and seek full restitution of all monies paid to DeVry University and any student loan lenders, punitive damages, and attorneys’ fees. The defendants moved to dismiss this complaint on August 28, 2018. The court consolidated these two lawsuits on December 10, 2018. The defendants moved to dismiss the consolidated action on December 18, 2018. On January 2, 2019, Carlson filed a motion to intervene on behalf of 13 additional former DeVry University students seeking to join the consolidated lawsuit. The parties re-filed their briefing on the motions to dismiss so that the motion would apply to all three groups of plaintiffs. On April 24, 2019, the Court granted Adtalem’s and DeVry University’s motions to dismiss, with leave to amend. The plaintiffs filed an amended complaint on June 7, 2019. Defendants moved to dismiss the complaint on July 5, 2019. That motion is fully briefed and set for oral argument on November 20, 2019. On April 4, 2019, the Carlson Law Firm sent notice pursuant to California Legal Remedies Act, Civil Code § 1750, of 105 individuals who purportedly have claims against DeVry University and Adtalem based on allegedly deceptive comments made about the benefits of obtaining a DeVry University degree; specifically, that 90% of graduates obtained a job in their chosen field of study within six months of graduation, and that graduates were paid more than graduates of other universities. On July 16, 2019, the Carlson Law Firm filed a lawsuit in the United States District Court for the Northern District of California – San Jose Division against Adtalem and DeVry University on behalf of 102 individual former DeVry University students in Alvarez v. Adtalem and DeVry University, Inc. The plaintiffs contend that defendants misrepresented the benefits of graduating from DeVry University and falsely and misleadingly advertised the employment rate and income rate of their graduates to induce potential students to purchase educational products and services, and to remain students through graduation. The lawsuit seeks exemplary damages, restitution, economic damages, punitive damages, pre- and post-judgment interest, attorneys’ fees and the cost of suit. The plaintiffs brought claims for fraud by misrepresentation, fraud by concealment, negligent misrepresentation, civil theft, violation of the California Consumer Legal Remedies Act, violation of California’s Unfair Competition Law, and violation of California’s False Advertising Law. Defendants filed a motion to dismiss the complaint on October 1, 2019, and are awaiting Plaintiffs’ response to that motion. On August 13, 2019, a plaintiff, Magana, filed a putative class action lawsuit against Adtalem and DeVry University, Inc. in the United States District Court for the Eastern District of California, alleging damages based on allegedly deceptive statements made about the benefits of obtaining a DeVry University degree. Plaintiffs assert claims under the California Unfair Competition Law, California False Advertising Law, and claims of fraud/material misrepresentation, fraudulent concealment/intentional omission of material facts, negligent misrepresentation, breach of contract, breach of fiduciary duty, conversion, unjust enrichment, and declaratory relief. Defendants intend to file a motion to dismiss plaintiffs’ complaint. On June 21, 2018, Stoltmann Law Offices filed a lawsuit against Adtalem in Cook County Circuit Court, alleging that Adtalem breached a contract with Stoltmann Law Offices to pay filing fees associated with arbitration claims Stoltmann Law Offices has filed with the Judicial Arbitration and Mediation Services, Inc. (“JAMS”). Stoltmann Law Offices is seeking specific performance from the court. Adtalem moved to dismiss this complaint on August 3, 2018. Prior to the court ruling on Adtalem’s motion to dismiss, Stoltmann Law Offices and 399 individuals filed an amended complaint on August 9, 2018, asserting claims for specific performance, declaratory judgment and a petition to compel arbitration. Adtalem moved to dismiss the amended complaint on August 31, 2018. The court granted Adtalem’s motion to dismiss on November 30, 2018, but granted plaintiffs leave to file a second amended complaint. A single individual plaintiff filed a second amended complaint on January 3, 2019. Adtalem moved to dismiss the complaint on May 23, 2019. While the motion to dismiss has been fully briefed, a hearing date has not yet been set. On June 7, 2019, Stoltmann Law Offices filed a complaint in the Northern District of Illinois on behalf of Michael Forsythe seeking to compel arbitration of his consumer claims before JAMS. Adtalem moved to dismiss the complaint on July 1, 2019. The motion to dismiss is fully briefed, however, a hearing date has not yet been set. Stoltmann Law Offices is representing hundreds of individuals who have filed claims with JAMS alleging fraud-based claims based on DeVry University’s graduate employment statistics. Stoltmann Law Offices has paid the filing fees for eight of these arbitrations to move forward. On June 14, 2019, JAMS sent commencement letters initiating the arbitration process for the claims of James Archibald and Gilbert Caro. Defendants filed their answers to these two claims on June 28, 2019. An arbitration hearing is tentatively scheduled for March 9-12, 2020, to adjudicate the claims of James Archibald, and February 3-6, 2020, to adjudicate the claims of Gilbert Caro. On August 2, 2019, JAMS sent commencement letters initiating the arbitration process for the claims of Sterling Bridges, David Cobb, and Lacresha Houser. Defendants filed their answers to these claims on August 16, 2019. An arbitration hearing is tentatively scheduled to begin on April 14, 2020, to adjudicate the claims of David Cobb. An arbitration hearing is tentatively scheduled to begin on May 11, 2020, to adjudicate the claims of Lacresha Houser. On August 5, 2019, JAMS sent commencement letters initiating the arbitration process for the claims of Micael Pizzo, Damion Tilghman, and Rickya Tillery. Defendants filed their answers on August 19, 2019. An arbitration hearing is tentatively scheduled to begin on July 13, 2020, to adjudicate the claims of Rickya Tillery. On March 29, 2019, a putative class action lawsuit was filed by Robby Brown, individually and on behalf of all others similarly situated, against Adtalem and DeVry University, Inc., in the Western District of Missouri. The complaint was filed on behalf of himself and two separate classes of similarly situated individuals who were citizens of the State of Missouri and who purchased or paid for and received any part of a DeVry University program. The plaintiffs claim that defendants made false or misleading statements regarding DeVry University’s graduate employment rate and assert claims of breach of contract, negligent misrepresentation, fraudulent misrepresentation, fraudulent concealment, breach of fiduciary duty, conversion, unjust enrichment, and declaratory relief. The plaintiffs seek compensatory, exemplary, punitive, treble, and statutory penalties and damages as allowed by law, including pre-judgment and post-judgment interest disgorgement, restitution, injunctive and declaratory relief, and attorneys’ fees. Defendants filed a motion to dismiss the complaint on May 31, 2019. On October 9, 2019, the court granted in part and denied in part the motion to dismiss. The court dismissed plaintiffs’ claims for unjust enrichment and conversion, allowing the remaining claims to proceed. On or about April 1, 2019, Adtalem, Chamberlain and DeVry University received similar Civil Investigative Demands (“CID”) from the U.S. Department of Justice (the “DOJ”). The CIDs were issued pursuant to a False Claims Act inquiry concerning allegations that Adtalem, in particular Chamberlain and Adtalem’s former subsidiary DeVry University, submitted or caused the submission of false claims to the U.S. Department of Defense and U.S. Department of Veteran Affairs for federal funds under the GI Bill Programs and Tuition Assistance Program from 2011 to the date of the CIDs. It is specifically alleged that Chamberlain and DeVry University engaged in unlawful recruitment tactics, and provided incentive payments based directly or indirectly on securing federal financial aid. At this time, we cannot predict the duration or outcome of this investigation, but Adtalem is cooperating fully with this DOJ inquiry and is providing documents and other information requested by the DOJ. On April 3, 2019, a putative class action lawsuit was filed by T’Lani Robinson, individually and on behalf of all others similarly situated, against Adtalem and DeVry University, Inc., in the Northern District of Georgia. The complaint was filed on behalf of herself and three separate classes of similarly situated individuals who were citizens of the State of Georgia who purchased or paid for and received any part of a DeVry University program. The plaintiffs claim that defendants made false or misleading statements regarding DeVry University’s graduate employment rate and assert claims of breach of contract, negligent misrepresentation, fraudulent misrepresentation, fraudulent concealment, breach of fiduciary duty, conversion, unjust enrichment, and declaratory relief. The plaintiffs seek compensatory, exemplary, punitive, treble, and statutory penalties and damages as allowed by law, including pre-judgment and post-judgment interest disgorgement, restitution, injunctive and declaratory relief, and attorneys’ fees. Defendants filed a motion to dismiss the complaint on May 31, 2019. The motion to dismiss has been fully briefed and the parties are awaiting a decision by the court.

SEGMENT INFORMATION

SEGMENT INFORMATION	3 Months Ended
	Sep. 30, 2019
Segment Reporting [Abstract]
SEGMENT INFORMATION	NOTE 15: SEGMENT INFORMATION During the fourth quarter of fiscal year 2019, Adtalem renamed two of its segments: Professional Education was renamed Financial Services, and Technology and Business was renamed Business and Law. Beginning in the first quarter of fiscal year 2020, Adtalem Brazil operations were classified as discontinued operations. See “Note 2: Discontinued Operations and Assets Held for Sale” for further information. Segment information presented excludes the results of Adtalem Brazil. Adtalem eliminated its Business and Law reportable segment during the first quarter of fiscal year 2020 when Adtalem Brazil was classified as discontinued operations. Discontinued operations assets are included in the table below to reconcile to Total Consolidated Assets presented on the Consolidated Balance Sheets. In addition, certain expenses previously allocated to Adtalem Brazil within our former Business and Law segment have been reclassified to the Home Office and Other segment based on discontinued operations reporting guidance regarding allocation of corporate overhead. Adtalem presents two reportable segments: “Medical and Healthcare,” which includes the operations of Chamberlain and the medical and veterinary schools (which include AUC, RUSM and RUSVM); and “Financial Services,” which includes the operations of ACAMS, Becker, OCL and EduPristine. “Home Office and Other” includes activity not allocated to a reportable segment. These segments are consistent with the method by which the Chief Operating Decision Maker (Adtalem’s Chairman, President and Chief Executive Officer) evaluates performance and allocates resources. Performance evaluations are based, in part, on each segment’s operating income. Intersegment sales are accounted for at amounts comparable to sales to nonaffiliated customers and are eliminated in consolidation. “Home Office and Other” includes activity not allocated to a reportable segment and is included to reconcile segment results to the Consolidated Financial Statements. Segments may have allocated depreciation expense related to depreciable assets reported as an asset in a different segment. The accounting policies of the segments are the same as those described in “Note 3: Summary of Significant Accounting Policies.” Summary financial information by reportable segment is as follows (in thousands): ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Three Months Ended ​ ​ ​ September 30, ​ ​ 2019 2018 ​ Revenue: ​ ​ Medical and Healthcare ​ $ 207,487 ​ $ 202,100 ​ Financial Services ​ 47,126 ​ 35,646 ​ Home Office and Other ​ — ​ (807) ​ Total Consolidated Revenue ​ $ 254,613 ​ $ 236,939 ​ Operating Income (Loss) from Continuing Operations: ​ ​ ​ Medical and Healthcare ​ $ 28,500 ​ $ 1,656 ​ Financial Services ​ 2,128 ​ 4,750 ​ Home Office and Other ​ (4,887) ​ (9,638) ​ Total Consolidated Operating Income (Loss) from Continuing Operations ​ $ 25,741 ​ $ (3,232) ​ Segment Assets: ​ ​ ​ Medical and Healthcare ​ $ 1,006,655 ​ $ 872,108 ​ Financial Services ​ 582,820 ​ 452,054 ​ Home Office and Other ​ 261,205 ​ 401,643 ​ Discontinued Operations ​ 609,644 ​ 624,060 ​ Total Consolidated Assets ​ $ 2,460,324 ​ $ 2,349,865 ​ Additions to Long-Lived Assets: ​ ​ ​ Medical and Healthcare ​ $ 6,467 ​ $ 11,776 ​ Financial Services ​ 539 ​ 962 ​ Home Office and Other ​ 3,430 ​ 583 ​ Total Consolidated Additions to Long-Lived Assets ​ $ 10,436 ​ $ 13,321 ​ Reconciliation to Consolidated Financial Statements: ​ ​ ​ Capital Expenditures ​ $ 10,436 ​ $ 13,321 ​ Total Consolidated Additions to Long-Lived Assets ​ $ 10,436 ​ $ 13,321 ​ Depreciation Expense: ​ ​ ​ Medical and Healthcare ​ $ 7,231 ​ $ 6,260 ​ Financial Services ​ 294 ​ 367 ​ Home Office and Other ​ 868 ​ 1,100 ​ Total Consolidated Depreciation Expense ​ $ 8,393 ​ $ 7,727 ​ Intangible Asset Amortization Expense: ​ ​ ​ Financial Services ​ $ 2,534 ​ $ 1,605 ​ Total Consolidated Intangible Asset Amortization Expense ​ $ 2,534 ​ $ 1,605 ​ ​ ​ Adtalem conducts its educational and financial services operations in the U.S., Barbados, St. Kitts, St. Maarten, India, Europe, China, Canada, and the Middle East. Other international revenue was less than 5% of total revenue for each of the three months ended September 30, 2019 and 2018. Revenue and long-lived assets by geographic area are as follows (in thousands): ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Three Months Ended ​ ​ ​ September 30, ​ ​ 2019 2018 ​ Revenue from Unaffiliated Customers: ​ ​ Domestic Operations ​ $ 161,397 ​ $ 146,662 ​ International Operations: ​ ​ ​ Barbados, Dominica, St. Kitts and St. Maarten ​ 90,969 ​ 88,447 ​ Other ​ 2,247 ​ 1,830 ​ Total International ​ 93,216 ​ 90,277 ​ Total Consolidated Revenue ​ $ 254,613 ​ $ 236,939 ​ Long-Lived Assets: ​ ​ ​ Domestic Operations ​ $ 196,331 ​ $ 152,427 ​ International Operations: ​ ​ ​ Barbados, Dominica, St. Kitts and St. Maarten ​ 173,793 ​ 161,136 ​ Other ​ 1,785 ​ 2,012 ​ Total International ​ 175,578 ​ 163,148 ​ Total Consolidated Long-Lived Assets ​ $ 371,909 ​ $ 315,575 ​ ​ No one customer accounted for more than 10% of Adtalem’s consolidated revenue.

REAL ESTATE TRANSACTIONS

REAL ESTATE TRANSACTIONS	3 Months Ended
	Sep. 30, 2019
Real Estate [Abstract]
REAL ESTATE TRANSACTIONS	NOTE 16: REAL ESTATE TRANSACTIONS On July 31, 2019, Adtalem sold its Chicago, Illinois, campus facility to DePaul College Prep for $52.0 million. Adtalem received $5.2 million of cash at the time of closing and holds a mortgage, secured by the property, from DePaul College Prep for $46.8 million. The mortgage is due on July 31, 2024 as a balloon payment and bears interest at a rate of 4% per annum, payable monthly. The buyer has an option to make prepayments. Due to Adtalem’s involvement with financing the sale, the transaction did not qualify as a sale for accounting purposes. Adtalem continues to maintain the assets associated with the sale on the Consolidated Balance Sheets. Adtalem has recorded a note receivable of $40.4 million and a financing payable of $45.6 million, which are classified as Other Assets, Net and Other Liabilities, respectively, on the Consolidated Balance Sheets. See “Note 6: Financing Receivables” for a discussion on the discounting of the note receivable. The $5.2 million received during the first quarter of fiscal year 2020 is classified as a financing activity on the Consolidated Statements of Cash Flows. On September 27, 2019, Adtalem closed on the sale of its Columbus, Ohio, campus facility. Net proceeds from the sale of $6.4 million resulted in a gain on the sale of $4.8 million. This gain was recorded at Adtalem’s home office, which is classified as “Home Office and Other” in “Note 15: Segment Information.”

SUMMARY OF SIGNIFICANT ACCOUN_2

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Policies)	3 Months Ended
	Sep. 30, 2019
Accounting Policies [Abstract]
Principles of Consolidation	Principles of Consolidation The Consolidated Financial Statements include the accounts of Adtalem 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%, but greater than 50%, the noncontrolling ownership interest is reported on our Consolidated Balance Sheets. The noncontrolling ownership interest earnings portion is classified as “Net Loss Attributable to Noncontrolling Interest from Continuing Operations” and “Net Income Attributable to Noncontrolling Interest from Discontinued Operations” in our Consolidated Statements of Income (Loss). Unless indicated, or the context requires otherwise, references to years refer to Adtalem’s fiscal years.
Equity Method Investment	Investments in Equity Securities For an investment in equity securities where we do not have the ability to influence the operating and financial decisions of the investee, the initially recorded cost basis is adjusted upon the occurrence of an observable transaction in the security. Generally, an investment in an equity security is defined as an ownership interest of less than 20%. The equity investment is classified as Other Assets, Net on the Consolidated Balance Sheets.
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. Adtalem 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. Adtalem 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	Financial Aid and Restricted Cash A significant portion of cash 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. 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 Adtalem’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.
Revenue Recognition	Revenue Recognition Revenue is recognized when control of the promised goods or services is transferred to our customers (students and members), in an amount that reflects the consideration we expect to be entitled in exchange for those goods or services. The following tables disaggregate revenue by source (in thousands): ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Three Months Ended September 30, 2019 ​ ​ Medical and ​ Financial ​ Home Office ​ ​ ​ Healthcare Services and Other Consolidated Higher Education $ 201,453 $ — $ — $ 201,453 Test Preparation/Certifications ​ ​ — ​ ​ 24,972 ​ ​ — ​ ​ 24,972 Conferences/Seminars ​ ​ — ​ ​ 17,070 ​ ​ — ​ ​ 17,070 Memberships/Subscriptions ​ ​ — ​ ​ 4,867 ​ ​ — ​ ​ 4,867 Other ​ ​ 6,034 ​ ​ 217 ​ ​ — ​ ​ 6,251 Total $ 207,487 $ 47,126 $ — $ 254,613 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Three Months Ended September 30, 2018 ​ ​ Medical and ​ Financial ​ Home Office ​ ​ ​ Healthcare Services and Other Consolidated Higher Education $ 201,173 $ — $ — $ 201,173 Test Preparation/Certifications ​ ​ — ​ ​ 28,716 ​ ​ (807) ​ ​ 27,909 Conferences/Seminars ​ ​ — ​ ​ 2,868 ​ ​ — ​ ​ 2,868 Memberships/Subscriptions ​ ​ — ​ ​ 3,936 ​ ​ — ​ ​ 3,936 Other ​ ​ 927 ​ ​ 126 ​ ​ — ​ ​ 1,053 Total $ 202,100 $ 35,646 $ (807) $ 236,939 ​ In addition, see “Note 15: Segment Information” for a disaggregation of revenue by geographical region. Performance Obligations and Revenue Recognition Higher Education: Test Preparation/Certifications: instruction delivery periods. Certification revenue consists of exam preparation guides, seminars, exam sitting fees and recertification fees. We recognize revenue for each of these items at a point in time when the applicable performance obligation is satisfied. Conferences/Seminars: Memberships/Subscriptions: Other: Customer contracts generally have separately stated prices for each performance obligation contained in the contract. Therefore, each performance obligation generally has its own standalone selling price. For higher education students, arrangements for payment are agreed to prior to registration of the student’s first academic term. The majority of U.S. students obtain Title IV or other financial aid resulting in institutions receiving a significant amount of the transaction price at the beginning of the academic term. Students utilizing private funding or funding through Adtalem’s institutional loan programs (see “Note 6: Financing Receivables” for further discussion) generally pay during or after the academic term is complete. For non-higher education customers, payment is typically due and collected at the time a customer places an order. Transaction Price Revenue, or transaction price, is measured as the amount of consideration expected to be received in exchange for transferring goods or services. For higher education, students may receive discounts, scholarships or refunds, which gives rise to variable consideration. The amounts of discounts or scholarships are applied to individual student accounts when such amounts are awarded. Therefore, the transaction price is reduced directly by these discounts or scholarships from the amount of the standard tuition rate charged. Upon withdrawal, a student may be eligible to receive a refund, or partial refund, the amount of which is dependent on the timing of the withdrawal during the academic term. If a student withdraws prior to completing an academic term, federal and state regulations and accreditation criteria permit Adtalem 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 Adtalem in excess of such set percentages of tuition are refunded to the student or the appropriate funding source. For contracts with similar characteristics and historical data on refunds, the expected value method is applied in determining the variable consideration related to refunds. Estimates of Adtalem’s expected refunds are determined at the outset of each academic term, based upon actual refunds in previous academic terms. Reserves related to refunds are presented as refund liabilities within Accrued Liabilities on the Consolidated Balance Sheets. All refunds are netted against revenue during the applicable academic term. Management reassesses collectability throughout the period revenue is recognized by the Adtalem 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. For test preparation and other Financial Services products, the transaction price is equal to the amount charged to the customer, which is the standard rate, less any discounts and an estimate for returns or refunds. We believe it is probable that no significant reversal will occur in the amount of cumulative revenue recognized will occur when the uncertainty associated with the variable consideration is subsequently resolved. Therefore, the estimate of variable consideration is not constrained. Contract Balances For higher education institutions, students are billed at the beginning of each academic term and payment is due at that time. Adtalem’s performance obligation is to provide educational services in the form of instruction during the academic term. As instruction is provided, deferred revenue is reduced. A significant portion of student payments are from Title IV financial aid and other programs and are generally received during the first month of the respective academic term. For students utilizing Adtalem’s institutional loan programs (see “Note 6: Financing Receivables”), payments are generally received after the academic term, and the corresponding performance obligation, is complete. When payments are received, accounts receivable is reduced. For our Financial Services businesses, customers are billed and payment is due at the time of order placement. In most cases, performance obligations are delivered subsequent to payments received. Delivering our performance obligations reduces deferred revenue, and accounts receivable is reduced upon payments received. Becker offers flexible payment plans with terms of up to 18-months as a financing option for the Becker CPA Exam Review Course (see “Note 6: Financing Receivables”). In this case, payment is received after satisfying the performance obligation. Revenue of $79.4 million was recognized during the first three months of fiscal year 2020 that was included in the deferred revenue balance at the beginning of fiscal year 2020. Revenue recognized from performance obligations that were satisfied, or partially satisfied, in prior periods was not material. The difference between the opening and closing balances of deferred revenue includes decreases from revenue recognized during the period and increases from charges and payments received related to the start of academic terms beginning during the period. Allowance for bad debts as of September 30, 2019, June 30, 2019 and September 30, 2018 were $18.8 million, $14.5 million and $13.3 million, respectively. Practical Expedients As our performance obligations have an original expected duration of one year or less, we have applied the practical expedient (as provided in ASC 606-10-50-14) to not disclose the information in ASC 606-10-50-13, which requires disclosure of the amount of the transaction price allocated to our performance obligations that are unsatisfied (or partially unsatisfied) as of the end of the reporting period and when the entity expects to recognize this amount as revenue. All consideration from contracts with customers is included in the transaction price.
Internal-Use Software Development Costs	Internal-Use Software Development Costs Adtalem 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. Once the project is complete, capitalized internal-use software development costs are included as Equipment on the Consolidated Balance Sheets. As of September 30, 2019, June 30, 2019 and September 30, 2018, the net balance of capitalized internal-use software development costs was $11.1 million, $10.6 million and $12.4 million, respectively.
Impairment of Long-Lived Assets	Impairment of Long-Lived Assets Adtalem 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. During the first quarter of fiscal year 2019, we recorded impairment charges of $2.2 million to write-down building, building improvements, furniture and equipment to zero based on the fair market value of the DeVry University operations, which are classified within discontinued operations. In the first quarter of fiscal year 2019, Adtalem announced its decision to relocate RUSM’s campus operations to Barbados and not return to RUSM’s Dominica campus. Adtalem recorded impairment charges of $37.8 million in the first quarter of fiscal year 2019, to fully impair the land, buildings and equipment in Dominica as management determined the market value less the costs to sell the facilities or move the equipment is zero (see “Note 10: Restructuring Charges”). The impairment charges are included in Restructuring Expense in the Consolidated Statements of Income (Loss). For a discussion of the impairment review of goodwill and intangible assets see “Note 9: Intangible Assets.”
Foreign Currency Translation	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. Adtalem Brazil’s and EduPristine’s operations and ACAMS 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 resulting 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 periods ended September 30, 2019 and 2018 were not material.
Noncontrolling Interest	Noncontrolling Interest As of June 30, 2019, Adtalem maintained a 97.9% ownership interest in Adtalem Brazil with the remaining 2.1% owned by members of the Adtalem Brazil senior management group. Since July 1, 2015, Adtalem has had the right to exercise a call option and purchase any remaining Adtalem Brazil stock from Adtalem Brazil management. Likewise, Adtalem Brazil management has had the right to exercise a put option and sell its remaining ownership interest in Adtalem Brazil to Adtalem. In addition, Adtalem currently maintains a 69% ownership interest in EduPristine with the remaining 31% owned by Kaizen Management Advisors (“Kaizen”), an India-based private equity firm. The adjustment to increase or decrease the Adtalem Brazil and EduPristine noncontrolling interests for their respective proportionate shares of Adtalem Brazil’s and EduPristine’s profit (loss) flows through the Consolidated Statements of Income (Loss) each reporting period based on Adtalem’s noncontrolling interest accounting policy. Beginning on March 26, 2020, Adtalem will have the right to exercise a call option and purchase any remaining EduPristine stock from Kaizen. Likewise, Kaizen will have the right to exercise a put option and sell up to 33% of its remaining ownership interest in EduPristine to Adtalem. Beginning on March 26, 2022, Kaizen will have the right to exercise a put option and sell its remaining ownership interest in EduPristine to Adtalem. Since the put options are out of the control of Adtalem, authoritative guidance requires the noncontrolling interests, which includes the value of the put options, to be displayed outside of the equity section of the Consolidated Balance Sheets. On July 1, 2019, the Adtalem Brazil management noncontrolling members exercised their put option and sold their remaining ownership interest in Adtalem Brazil to Adtalem. In the first quarter of fiscal year 2020, $6.2 million of noncontrolling interest was removed from the Consolidated Balance Sheet as a result of the put option exercise and Adtalem currently owns 100% of Adtalem Brazil. Prior to July 1, 2019, the Adtalem Brazil management put option was being accreted to its fair value in accordance with the terms of the related stock purchase agreement. The adjustments to increase or decrease the put option to its expected redemption value each reporting period was recorded in retained earnings in accordance with U.S. Generally Accepted Accounting Principles (“GAAP”). Adtalem has not adjusted the redemption value related to the Kaizen put option as management believes the redemption value has not materially changed since acquiring a majority stake in EduPristine. The following is a reconciliation of the noncontrolling interest balance (in thousands): ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Three Months Ended ​ ​ ​ September 30, ​ ​ 2019 2018 ​ Balance at Beginning of Period ​ $ 9,543 ​ $ 9,110 ​ Net Loss Attributable to Noncontrolling Interest ​ (109) ​ (55) ​ Decrease in Redemption Value of Noncontrolling Interest Put Option ​ — ​ (241) ​ Payment for Purchase of Noncontrolling Interest of Subsidiary ​ ​ (6,247) ​ ​ — ​ Balance at End of Period ​ $ 3,187 ​ $ 8,814 ​
Earnings per Common Share	Earnings per Common Share Basic earnings per share is computed by dividing net income or loss attributable to Adtalem 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 or loss attributable to Adtalem by the weighted average number of shares assuming dilution. As required by GAAP, because the three months ended September 30, 2018 resulted in a loss from continuing operations, diluted earnings per share was computed by dividing the net loss attributable to Adtalem 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 outstanding stock-based grants representing 329,000 and 272,000 shares of common stock for the three months ended September 30, 2019 and 2018, respectively. These outstanding stock-based grants were excluded because the exercise prices were greater than the average market price of the common shares or the assumed proceeds upon exercise under the Treasury Stock Method resulted in the repurchase of more shares than would be issued; thus, their effect would be anti-dilutive. The following is a reconciliation of basic shares to diluted shares (in thousands): ​ ​ ​ ​ ​ ​ ​ ​ Three Months Ended ​ ​ ​ September 30, ​ ​ 2019 2018 ​ Weighted Average Shares Outstanding 55,018 59,722 Unvested Participating RSUs 475 606 Basic Shares 55,493 60,328 Effect of Dilutive Stock Options 647 874 Diluted Shares 56,140 61,202
Treasury Stock	Treasury Stock Adtalem’s Board of Directors (the “Board”) has authorized share repurchase programs on eleven occasions (see “Note 7: Share Repurchase Programs”). The eleventh share repurchase program was approved on November 7, 2018 and commenced in January 2019. Shares that are repurchased by Adtalem are recorded as Treasury Stock at cost and result in a reduction of Shareholders’ Equity. From time to time, shares of our common stock are delivered back to Adtalem under a swap arrangement resulting from employees’ exercise of incentive stock options pursuant to the terms of the Adtalem Stock Incentive Plans (see “Note 4: Stock-Based Compensation”). In addition, shares of our common stock are delivered back to Adtalem for payment of withholding taxes from employees for vesting RSUs. These shares are recorded as Treasury Stock at cost and result in a reduction of Shareholders’ Equity. Prior to March 2019, treasury shares were reissued on a monthly basis, at market value, less a 5% discount, to the Adtalem Colleague Stock Purchase Plan in exchange for employee payroll deductions. When treasury shares are reissued, Adtalem 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 Adtalem Brazil, and unrealized gains on available-for-sale marketable securities, net of the effects of income taxes. The Accumulated Other Comprehensive Loss balance at September 30, 2019, consists of $176.9 million of cumulative translation losses ($176.6 million attributable to Adtalem and $0.3 million attributable to noncontrolling interest) and $0.1 million of unrealized gains on available-for-sale marketable securities, net of tax of $0.0 million and all attributable to Adtalem. At June 30, 2019, this balance consisted of $137.4 million of cumulative translation losses ($134.3 million attributable to Adtalem and $3.1 million attributable to noncontrolling interest) and $0.1 million of unrealized gains on available-for-sale marketable securities, net of tax of $0.0 million and all attributable to Adtalem. As of September 30, 2018, this balance consisted of $163.2 million of cumulative translation losses ($159.4 million attributable to Adtalem and $3.8 million attributable to noncontrolling interest) and unrealized gains on available-for-sale marketable securities were immaterial.
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 $20.2 million and $16.8 million for the three months ended September 30, 2019 and 2018, respectively.
Hurricane Expense	Hurricane Expense In September 2017, Hurricanes Irma and Maria caused damage and disrupted operations at AUC and RUSM. Adtalem recorded expenses of $6.9 million in the first quarter of fiscal year 2019 associated with incremental costs of teaching at alternative sites. No hurricane-related costs were recorded in the first quarter of fiscal year 2020. Received and expected insurance proceeds of $6.9 million were recorded to offset these expenses in the first quarter of fiscal year 2019.
Restructuring Charges	Restructuring Charges Adtalem’s financial statements include charges related to severance and related benefits for workforce reductions in staff. These charges also include early lease termination or cease-of-use costs, accelerated depreciation and losses on disposals of property and equipment related to campus and administrative office consolidations (see “Note 10: Restructuring Charges”). When estimating the costs of exiting lease space, estimates are made which could differ materially from actual results and result in additional restructuring charges or reversals in future periods.
Recent Accounting Pronouncements	Recent Accounting Pronouncements In June 2016, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update (“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 Adtalem’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-of-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. We adopted this guidance, along with the related clarifications and improvements, effective July 1, 2019 using the modified retrospective approach without adjusting prior comparative periods. The adoption of this standard significantly impacts our Consolidated Balance Sheets, but did not impact our Consolidated Statements of Income (Loss). We elected the practical expedients package which allows us to forego reassessing (i) whether any expired or existing contracts are or contain leases; (ii) the lease classification for any expired or expiring leases; and (iii) initial direct costs for any existing leases. We did not elect the hindsight practical expedient, which permits the use of hindsight when determining the lease term and impairment of operating lease assets. See “Note 11: Leases” for the disclosures related to this new accounting standard. ​ The impact on the Consolidated Balance Sheet upon adoption of ASC 842 is as follows: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ June 30, ​ Adjustments due to ​ July 1, ​ 2019 adoption of ASC 842 2019 ​ ​ (in thousands, except share and par value amounts) ASSETS: ​ ​ ​ ​ ​ ​ ​ ​ ​ Current Assets: ​ ​ ​ ​ ​ ​ ​ ​ ​ Cash and Cash Equivalents ​ $ 299,445 ​ $ — ​ $ 299,445 Investments in Marketable Securities ​ 8,680 ​ — ​ 8,680 Restricted Cash ​ 1,022 ​ — ​ 1,022 Accounts Receivable, Net ​ 157,829 ​ — ​ 157,829 Prepaid Expenses and Other Current Assets ​ 37,724 ​ (3,483) ​ 34,241 Total Current Assets ​ 504,700 ​ (3,483) ​ 501,217 Land, Building and Equipment: ​ ​ ​ ​ Land ​ 44,609 ​ — ​ 44,609 Building ​ 383,331 ​ — ​ 383,331 Equipment ​ 281,551 ​ — ​ 281,551 Construction in Progress ​ 16,222 ​ — ​ 16,222 ​ ​ 725,713 ​ — ​ 725,713 Accumulated Depreciation ​ (361,030) ​ — ​ (361,030) Land, Building and Equipment, Net ​ 364,683 ​ — ​ 364,683 Noncurrent Assets: ​ ​ ​ ​ ​ ​ Operating Lease Assets ​ — ​ 282,978 ​ 282,978 Deferred Income Taxes ​ 18,314 ​ — ​ 18,314 Intangible Assets, Net ​ 418,097 ​ — ​ 418,097 Goodwill ​ 874,451 ​ — ​ 874,451 Other Assets, Net ​ 62,451 ​ — ​ 62,451 Total Noncurrent Assets ​ 1,373,313 ​ 282,978 ​ 1,656,291 TOTAL ASSETS ​ $ 2,242,696 ​ $ 279,495 ​ $ 2,522,191 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ LIABILITIES: ​ ​ ​ Current Liabilities: ​ ​ ​ Accounts Payable ​ $ 57,627 ​ $ — ​ $ 57,627 Accrued Salaries, Wages and Benefits ​ 64,492 ​ — ​ 64,492 Accrued Liabilities ​ 86,722 ​ (16,946) ​ 69,776 Deferred Revenue ​ 99,790 ​ — ​ 99,790 Current Operating Lease Liabilities ​ — ​ 66,707 ​ 66,707 Current Portion of Long-Term Debt ​ 3,000 ​ — ​ 3,000 Total Current Liabilities ​ 311,631 ​ 49,761 ​ 361,392 Noncurrent Liabilities: ​ ​ ​ ​ ​ ​ Long-Term Debt ​ 398,094 ​ — ​ 398,094 Long-Term Operating Lease Liabilities ​ — ​ 269,387 ​ 269,387 Deferred Income Taxes ​ 29,426 ​ — ​ 29,426 Other Liabilities ​ 102,472 ​ (39,653) ​ 62,819 Total Noncurrent Liabilities ​ 529,992 ​ 229,734 ​ 759,726 TOTAL LIABILITIES ​ 841,623 ​ 279,495 ​ 1,121,118 NONCONTROLLING INTEREST ​ 9,543 ​ — ​ 9,543 SHAREHOLDERS’ EQUITY: ​ ​ ​ ​ ​ ​ Common Stock, $0.01 Par Value ​ 801 ​ — ​ 801 Additional Paid-in Capital ​ 486,061 ​ — ​ 486,061 Retained Earnings ​ 2,012,902 ​ — ​ 2,012,902 Accumulated Other Comprehensive Loss ​ (137,290) ​ — ​ (137,290) Treasury Stock, at Cost ​ (970,944) ​ — ​ (970,944) TOTAL SHAREHOLDERS’ EQUITY ​ 1,391,530 ​ — ​ 1,391,530 TOTAL LIABILITIES, NONCONTROLLING INTEREST AND SHAREHOLDERS’ EQUITY ​ $ 2,242,696 ​ $ 279,495 ​ $ 2,522,191 ​ Upon the adoption of ASC 842, the following balances were removed from the Consolidated Balance Sheet as of July 1, 2019: (i) $3.5 million of prepaid rent balances within Prepaid Expenses and Other Current Assets; (ii) $6.8 million of current deferred rent liability balances within Accrued Liabilities; (iii) $10.1 million of current restructure liability balances within Accrued Liabilities; (iv) $24.8 million of noncurrent deferred rent liability balances within Other Liabilities; and (v) $14.9 million of noncurrent restructure liability balances within Other Liabilities. ​
Reclassifications	Reclassifications Beginning in the first quarter of fiscal year 2020, Adtalem Brazil operations were classified as discontinued operations. See “Note 2: Discontinued Operations and Assets Held for Sale” for further information. Prior period amounts have been revised to conform to the current classification. Certain expenses in prior periods previously allocated to Adtalem Brazil within our former Business and Law segment have been reclassified to the Home Office and Other segment based on discontinued operation reporting guidance regarding allocation of corporate overhead. See “Note 15: Segment Information” for additional information.

DISCONTINUED OPERATIONS AND A_2

DISCONTINUED OPERATIONS AND ASSETS HELD FOR SALE (Tables)	3 Months Ended
	Sep. 30, 2019
DISCONTINUED OPERATIONS AND ASSETS HELD FOR SALE
Balance Sheet Information of Assets and Liabilities Reported as Discontinued Operations	The following is a summary of balance sheet information of assets and liabilities reported as held for sale (in thousands). ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ September 30, ​ June 30, ​ September 30, ​ 2019 2019 2018 ASSETS: ​ ​ ​ Current Assets: ​ ​ ​ Cash and Cash Equivalents ​ $ 96,902 ​ $ 95,243 ​ $ 94,423 Restricted Cash ​ — ​ — ​ 15,967 Accounts Receivable, Net ​ 64,915 ​ 74,269 ​ 98,089 Prepaid Expenses and Other Current Assets ​ 8,056 ​ 8,411 ​ 19,162 Total Current Assets Held for Sale ​ 169,873 ​ 177,923 ​ 227,641 Land, Building and Equipment Held for Sale, Net ​ ​ 73,763 ​ ​ 81,250 ​ ​ 81,029 Noncurrent Assets: ​ ​ ​ ​ Operating Lease Assets ​ 72,261 ​ — ​ — Intangible Assets, Net ​ 110,711 ​ 120,108 ​ 115,429 Goodwill ​ 173,064 ​ 187,195 ​ 178,046 Perkins Program Fund, Net ​ — ​ — ​ 13,450 Other Assets, Net ​ 9,972 ​ 10,338 ​ 8,465 Total Noncurrent Assets Held for Sale ​ 366,008 ​ 317,641 ​ 315,390 Total Assets Held for Sale ​ $ 609,644 ​ $ 576,814 ​ $ 624,060 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ LIABILITIES: ​ ​ ​ ​ Current Liabilities: ​ ​ ​ ​ Accounts Payable ​ $ 2,857 ​ $ 4,242 ​ $ 25,896 Accrued Salaries, Wages and Benefits ​ 16,239 ​ 17,828 ​ 22,526 Accrued Liabilities ​ 9,800 ​ 10,193 ​ 14,580 Deferred Revenue ​ 11,104 ​ 3,846 ​ 58,494 Current Operating Lease Liabilities ​ 10,174 ​ — ​ — Total Current Liabilities Held for Sale ​ 50,174 ​ 36,109 ​ 121,496 Noncurrent Liabilities: ​ ​ ​ ​ ​ Long-Term Operating Lease Liabilities ​ 62,367 ​ — ​ — Deferred Income Taxes ​ — ​ — ​ 216 Other Liabilities ​ 14,101 ​ 16,146 ​ 21,196 Total Noncurrent Liabilities Held for Sale ​ 76,468 ​ 16,146 ​ 21,412 Total Liabilities Held for Sale ​ $ 126,642 ​ $ 52,255 ​ $ 142,908 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Three Months Ended ​ ​ ​ September 30, ​ ​ 2019 2018 ​ REVENUE ​ $ 45,652 ​ $ 159,554 ​ OPERATING COST AND EXPENSE: ​ ​ ​ Cost of Educational Services ​ 33,948 ​ 98,460 ​ Student Services and Administrative Expense ​ 14,373 ​ 64,706 ​ Restructuring Expense (Gain) ​ 35 ​ (443) ​ Asset Impairment Charge - Building and Equipment ​ — ​ 2,242 ​ Total Operating Cost and Expense ​ 48,356 ​ 164,965 ​ Operating Loss from Discontinued Operations ​ (2,704) ​ (5,411) ​ OTHER INCOME (EXPENSE): ​ ​ ​ ​ ​ ​ ​ Interest and Dividend Income ​ ​ 978 ​ ​ 976 ​ Interest Expense ​ ​ (1,157) ​ ​ (1,284) ​ Net Other Expense ​ (179) ​ (308) ​ Loss from Discontinued Operations Before Income Taxes ​ ​ (2,883) ​ ​ (5,719) ​ Income Tax (Provision) Benefit ​ (273) ​ 985 ​ Loss from Discontinued Operations ​ ​ (3,156) ​ ​ (4,734) ​ Net Income Attributable to Noncontrolling Interest ​ ​ — ​ ​ (9) ​ Loss from Discontinued Operations Attributable to Adtalem Global Education ​ $ (3,156) ​ $ (4,743) ​

SUMMARY OF SIGNIFICANT ACCOUN_3

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)	3 Months Ended
	Sep. 30, 2019
Accounting Policies [Abstract]
Disaggregate revenue	The following tables disaggregate revenue by source (in thousands): ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Three Months Ended September 30, 2019 ​ ​ Medical and ​ Financial ​ Home Office ​ ​ ​ Healthcare Services and Other Consolidated Higher Education $ 201,453 $ — $ — $ 201,453 Test Preparation/Certifications ​ ​ — ​ ​ 24,972 ​ ​ — ​ ​ 24,972 Conferences/Seminars ​ ​ — ​ ​ 17,070 ​ ​ — ​ ​ 17,070 Memberships/Subscriptions ​ ​ — ​ ​ 4,867 ​ ​ — ​ ​ 4,867 Other ​ ​ 6,034 ​ ​ 217 ​ ​ — ​ ​ 6,251 Total $ 207,487 $ 47,126 $ — $ 254,613 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Three Months Ended September 30, 2018 ​ ​ Medical and ​ Financial ​ Home Office ​ ​ ​ Healthcare Services and Other Consolidated Higher Education $ 201,173 $ — $ — $ 201,173 Test Preparation/Certifications ​ ​ — ​ ​ 28,716 ​ ​ (807) ​ ​ 27,909 Conferences/Seminars ​ ​ — ​ ​ 2,868 ​ ​ — ​ ​ 2,868 Memberships/Subscriptions ​ ​ — ​ ​ 3,936 ​ ​ — ​ ​ 3,936 Other ​ ​ 927 ​ ​ 126 ​ ​ — ​ ​ 1,053 Total $ 202,100 $ 35,646 $ (807) $ 236,939
Reconciliation of Non-Controlling Interest Balance	The following is a reconciliation of the noncontrolling interest balance (in thousands): ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Three Months Ended ​ ​ ​ September 30, ​ ​ 2019 2018 ​ Balance at Beginning of Period ​ $ 9,543 ​ $ 9,110 ​ Net Loss Attributable to Noncontrolling Interest ​ (109) ​ (55) ​ Decrease in Redemption Value of Noncontrolling Interest Put Option ​ — ​ (241) ​ Payment for Purchase of Noncontrolling Interest of Subsidiary ​ ​ (6,247) ​ ​ — ​ Balance at End of Period ​ $ 3,187 ​ $ 8,814 ​
Reconciliation of Basic Shares to Diluted Shares	The following is a reconciliation of basic shares to diluted shares (in thousands): ​ ​ ​ ​ ​ ​ ​ ​ Three Months Ended ​ ​ ​ September 30, ​ ​ 2019 2018 ​ Weighted Average Shares Outstanding 55,018 59,722 Unvested Participating RSUs 475 606 Basic Shares 55,493 60,328 Effect of Dilutive Stock Options 647 874 Diluted Shares 56,140 61,202
Summary of impact on the Consolidated Balance Sheet upon adoption of ASC 842	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ June 30, ​ Adjustments due to ​ July 1, ​ 2019 adoption of ASC 842 2019 ​ ​ (in thousands, except share and par value amounts) ASSETS: ​ ​ ​ ​ ​ ​ ​ ​ ​ Current Assets: ​ ​ ​ ​ ​ ​ ​ ​ ​ Cash and Cash Equivalents ​ $ 299,445 ​ $ — ​ $ 299,445 Investments in Marketable Securities ​ 8,680 ​ — ​ 8,680 Restricted Cash ​ 1,022 ​ — ​ 1,022 Accounts Receivable, Net ​ 157,829 ​ — ​ 157,829 Prepaid Expenses and Other Current Assets ​ 37,724 ​ (3,483) ​ 34,241 Total Current Assets ​ 504,700 ​ (3,483) ​ 501,217 Land, Building and Equipment: ​ ​ ​ ​ Land ​ 44,609 ​ — ​ 44,609 Building ​ 383,331 ​ — ​ 383,331 Equipment ​ 281,551 ​ — ​ 281,551 Construction in Progress ​ 16,222 ​ — ​ 16,222 ​ ​ 725,713 ​ — ​ 725,713 Accumulated Depreciation ​ (361,030) ​ — ​ (361,030) Land, Building and Equipment, Net ​ 364,683 ​ — ​ 364,683 Noncurrent Assets: ​ ​ ​ ​ ​ ​ Operating Lease Assets ​ — ​ 282,978 ​ 282,978 Deferred Income Taxes ​ 18,314 ​ — ​ 18,314 Intangible Assets, Net ​ 418,097 ​ — ​ 418,097 Goodwill ​ 874,451 ​ — ​ 874,451 Other Assets, Net ​ 62,451 ​ — ​ 62,451 Total Noncurrent Assets ​ 1,373,313 ​ 282,978 ​ 1,656,291 TOTAL ASSETS ​ $ 2,242,696 ​ $ 279,495 ​ $ 2,522,191 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ LIABILITIES: ​ ​ ​ Current Liabilities: ​ ​ ​ Accounts Payable ​ $ 57,627 ​ $ — ​ $ 57,627 Accrued Salaries, Wages and Benefits ​ 64,492 ​ — ​ 64,492 Accrued Liabilities ​ 86,722 ​ (16,946) ​ 69,776 Deferred Revenue ​ 99,790 ​ — ​ 99,790 Current Operating Lease Liabilities ​ — ​ 66,707 ​ 66,707 Current Portion of Long-Term Debt ​ 3,000 ​ — ​ 3,000 Total Current Liabilities ​ 311,631 ​ 49,761 ​ 361,392 Noncurrent Liabilities: ​ ​ ​ ​ ​ ​ Long-Term Debt ​ 398,094 ​ — ​ 398,094 Long-Term Operating Lease Liabilities ​ — ​ 269,387 ​ 269,387 Deferred Income Taxes ​ 29,426 ​ — ​ 29,426 Other Liabilities ​ 102,472 ​ (39,653) ​ 62,819 Total Noncurrent Liabilities ​ 529,992 ​ 229,734 ​ 759,726 TOTAL LIABILITIES ​ 841,623 ​ 279,495 ​ 1,121,118 NONCONTROLLING INTEREST ​ 9,543 ​ — ​ 9,543 SHAREHOLDERS’ EQUITY: ​ ​ ​ ​ ​ ​ Common Stock, $0.01 Par Value ​ 801 ​ — ​ 801 Additional Paid-in Capital ​ 486,061 ​ — ​ 486,061 Retained Earnings ​ 2,012,902 ​ — ​ 2,012,902 Accumulated Other Comprehensive Loss ​ (137,290) ​ — ​ (137,290) Treasury Stock, at Cost ​ (970,944) ​ — ​ (970,944) TOTAL SHAREHOLDERS’ EQUITY ​ 1,391,530 ​ — ​ 1,391,530 TOTAL LIABILITIES, NONCONTROLLING INTEREST AND SHAREHOLDERS’ EQUITY ​ $ 2,242,696 ​ $ 279,495 ​ $ 2,522,191

STOCK-BASED COMPENSATION (Table

STOCK-BASED COMPENSATION (Tables)	3 Months Ended
	Sep. 30, 2019
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Summary of options Activity	The following is a summary of options activity for the three months ended September 30, 2019: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Weighted ​ ​ ​ ​ ​ Weighted Average Aggregate ​ ​ ​ ​ Average ​ Remaining ​ Intrinsic ​ ​ Number of ​ Exercise ​ Contractual ​ Value ​ ​ Options ​ Price ​ Life (in Years) ​ (in thousands) Outstanding at July 1, 2019 1,488,478 ​ $ 31.33 ​ Granted 229,125 ​ 43.39 ​ Exercised (37,889) ​ 28.94 ​ Forfeited (15,576) ​ 42.51 ​ Expired (65,274) ​ 52.28 ​ Outstanding at September 30, 2019 1,598,864 ​ 32.15 7.15 ​ $ 12,512 Exercisable at September 30, 2019 768,712 ​ $ 28.43 5.87 ​ $ 8,385
Fair Values of Stock Option Awards Estimated Weighted Average Assumptions	The fair value of Adtalem’s stock option grants was estimated assuming the following weighted average assumptions: ​ ​ ​ ​ ​ ​ ​ ​ ​ Fiscal Year ​ ​ 2019 2018 ​ Expected Life (in Years) 6.51 6.50 Expected Volatility 37.66 % 39.60 % Risk-free Interest Rate 1.40 % 2.73 % Dividend Yield 0.00 % 0.00 %
Summary of Restricted Stock Units Activity	The following is a summary of RSU activity for the three months ended September 30, 2019: ​ ​ ​ ​ ​ ​ ​ ​ ​ Weighted ​ ​ ​ ​ Average ​ ​ Number of ​ Grant Date ​ ​ RSUs ​ Fair Value Outstanding at July 1, 2019 878,030 ​ $ 34.86 Granted 370,280 ​ 43.39 Vested (330,216) ​ 27.37 Forfeited (40,611) ​ 37.83 Outstanding at September 30, 2019 877,483 ​ $ 40.01
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): ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Three Months Ended ​ ​ ​ September 30, ​ ​ 2019 2018 ​ Cost of Educational Services ​ $ 455 ​ $ 395 ​ Student Services and Administrative Expense ​ 4,768 ​ 3,742 ​ ​ ​ 5,223 ​ 4,137 ​ Income Tax Benefit ​ (2,533) ​ (2,007) ​ Net Stock-Based Compensation Expense ​ $ 2,690 ​ $ 2,130 ​

FINANCING RECEIVABLES (Tables)

FINANCING RECEIVABLES (Tables)	3 Months Ended
	Sep. 30, 2019
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). ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ September 30, 2019 ​ June 30, 2019 ​ September 30, 2018 Gross Institutional Loans ​ ​ $ 47,673 ​ ​ $ 47,937 ​ ​ $ 48,936 Allowance for Credit Losses: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Balance at July 1 $ (6,289) ​ ​ ​ $ (10,003) ​ ​ ​ $ (10,003) ​ ​ ​ Charge-offs and Adjustments ​ ​ 26 ​ ​ ​ ​ ​ 10,777 ​ ​ ​ ​ ​ 5,355 ​ ​ ​ Recoveries ​ ​ (24) ​ ​ ​ ​ ​ (83) ​ ​ ​ ​ ​ (32) ​ ​ ​ Additional Provision ​ ​ (3,291) ​ ​ ​ ​ ​ (6,980) ​ ​ ​ ​ ​ (2,462) ​ ​ ​ Balance at End of Period ​ ​ ​ ​ ​ (9,578) ​ ​ ​ ​ ​ (6,289) ​ ​ ​ ​ ​ (7,142) Net Institutional Loans ​ ​ ​ $ 38,095 ​ ​ ​ $ 41,648 ​ ​ ​ $ 41,794
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 of past due institutional loans (in thousands). ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ September 30, ​ June 30, ​ September 30, ​ 2019 2019 2018 Institutional Loans: ​ ​ ​ ​ Performing ​ $ 36,712 ​ $ 38,049 ​ $ 41,963 Nonperforming ​ 10,961 ​ 9,888 ​ 6,973 Total Institutional Loans ​ $ 47,673 ​ $ 47,937 ​ $ 48,936
Institutional Student Loans Past Due	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Greater ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ 30-59 ​ 60-89 ​ Than 90 ​ ​ ​ ​ ​ ​ ​ Total ​ ​ 1-29 Days ​ Days Past ​ Days Past ​ Days Past ​ Total ​ ​ ​ ​ Institutional ​ ​ Past Due ​ Due ​ Due ​ Due ​ Past Due ​ Current ​ Loans Institutional Loans: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ September 30, 2019 ​ $ 3,317 ​ $ 1,342 ​ $ 526 ​ $ 10,961 ​ $ 16,146 ​ $ 31,527 ​ $ 47,673 June 30, 2019 ​ $ 3,578 ​ $ 2,458 ​ $ 687 ​ $ 9,888 ​ $ 16,611 ​ $ 31,326 ​ $ 47,937 September 30, 2018 ​ $ 6,437 ​ $ 757 ​ $ 752 ​ $ 6,973 ​ $ 14,919 ​ $ 34,017 ​ $ 48,936

BUSINESS COMBINATIONS (Tables)

BUSINESS COMBINATIONS (Tables)	3 Months Ended
	Sep. 30, 2019
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): ​ ​ ​ ​ ​ ​ ​ ​ May 31, 2019 ​ ​ Value ​ Estimated ​ Assigned Useful Life Customer Relationships ​ $ 26,400 ​ 11 years Curriculum ​ 11,600 6 years Course Delivery Technology ​ 6,700 5 years
OnCourse Learning [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): ​ ​ ​ ​ ​ May 31, ​ ​ 2019 Current Assets ​ $ 5,260 Property and Equipment ​ 1,197 Intangible Assets ​ 63,100 Goodwill ​ 59,519 Total Assets Acquired ​ 129,076 Liabilities Assumed ​ 9,445 Net Assets Acquired ​ $ 119,631

INTANGIBLE ASSETS (Tables)

INTANGIBLE ASSETS (Tables)	3 Months Ended
	Sep. 30, 2019
Goodwill and Intangible Assets Disclosure [Abstract]
Schedule of Intangible Assets	Intangible assets consist of the following (in thousands): ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ September 30, 2019 ​ ​ ​ Gross ​ ​ Weighted Average ​ ​ Carrying ​ Accumulated ​ Amortization ​ ​ Amount ​ Amortization ​ Period Amortizable Intangible Assets: ​ ​ Customer Relationships ​ $ 68,900 ​ $ (15,865) 10 Years Curriculum/Software ​ 11,600 ​ (644) 6 Years Course Delivery Technology ​ 7,200 ​ (853) 5 Years Total ​ $ 87,700 ​ $ (17,362) Indefinite-Lived Intangible Assets: ​ ​ Trade Names ​ $ 95,746 ​ Chamberlain Title IV Eligibility and Accreditations ​ 1,200 ​ AUC Title IV Eligibility and Accreditations ​ 100,000 ​ Ross Title IV Eligibility and Accreditations ​ 14,100 ​ Intellectual Property ​ 13,940 ​ Total ​ $ 224,986 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ June 30, 2019 ​ Gross ​ ​ ​ ​ Carrying ​ Accumulated ​ ​ Amount ​ Amortization Amortizable Intangible Assets: ​ ​ ​ ​ Customer Relationships $ 69,300 $ (14,448) Curriculum/Software ​ 16,600 ​ (5,193) Course Delivery Technology ​ 7,200 ​ (487) Total ​ $ 93,100 ​ $ (20,128) Indefinite-Lived Intangible Assets: ​ ​ Trade Names ​ $ 95,777 ​ Chamberlain Title IV Eligibility and Accreditations ​ 1,200 ​ AUC Title IV Eligibility and Accreditations ​ 100,000 ​ Ross Title IV Eligibility and Accreditations ​ 14,100 ​ Intellectual Property ​ 13,940 ​ Total ​ $ 225,017 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ September 30, 2018 ​ Gross ​ ​ ​ ​ Carrying Accumulated ​ Amount Amortization Amortizable Intangible Assets: ​ ​ Customer Relationships ​ $ 42,900 ​ $ (10,756) Curriculum/Software ​ ​ 5,000 ​ ​ (3,750) Proprietary Technology ​ ​ 500 ​ ​ (281) Total $ 48,400 $ (14,787) Indefinite-Lived Intangible Assets: ​ ​ ​ ​ ​ ​ Trade Names $ 77,313 ​ ​ ​ Chamberlain Title IV Eligibility and Accreditations ​ ​ 1,200 ​ ​ ​ AUC Title IV Eligibility and Accreditations ​ ​ 100,000 ​ ​ ​ Ross Title IV Eligibility and Accreditations ​ ​ 14,100 ​ ​ ​ Intellectual Property ​ ​ 13,940 ​ ​ ​ Total $ 206,553 ​ ​ ​
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): ​ ​ ​ ​ ​ ​ ​ Financial Fiscal Year ​ Services ​ 2020 (Remaining) ​ $ 7,728 ​ 2021 ​ 10,073 ​ 2022 ​ 9,944 ​ 2023 ​ 9,792 ​ 2024 ​ 9,509 ​ Thereafter ​ 23,292 ​ Total ​ $ 70,338 ​
Changes in Carrying Amount of Goodwill, by Segment	The table below summarizes goodwill balances by reporting unit (in thousands): ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ September 30, June 30, September 30, Reporting Unit ​ 2019 ​ 2019 ​ 2018 Chamberlain ​ $ 4,716 ​ $ 4,716 ​ $ 4,716 AUC ​ 68,321 ​ 68,321 ​ 68,321 RUSM and RUSVM ​ 237,173 ​ 237,173 ​ 237,173 Financial Services ​ 376,782 ​ 377,046 ​ 317,029 Total ​ $ 686,992 ​ $ 687,256 ​ $ 627,239 ​ The table below summarizes goodwill balances by reportable segment (in thousands): ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ September 30, June 30, September 30, Reportable Segment ​ 2019 ​ 2019 ​ 2018 Medical and Healthcare ​ $ 310,210 ​ $ 310,210 ​ $ 310,210 Financial Services ​ 376,782 ​ 377,046 ​ 317,029 Total ​ $ 686,992 ​ $ 687,256 ​ $ 627,239 ​ The table below summarizes the changes in goodwill balances by reportable segment (in thousands): ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Medical and Financial ​ ​ ​ ​ Healthcare ​ Services ​ Total Balance at June 30, 2018 ​ $ 310,210 ​ $ 317,699 ​ $ 627,909 Foreign exchange rate changes ​ — ​ (670) ​ (670) Balance at September 30, 2018 ​ ​ 310,210 ​ ​ 317,029 ​ ​ 627,239 Acquisitions ​ ​ — ​ ​ 59,519 ​ ​ 59,519 Foreign exchange rate changes ​ — ​ 498 ​ 498 Balance at June 30, 2019 ​ ​ 310,210 ​ ​ 377,046 ​ ​ 687,256 Foreign exchange rate changes ​ — ​ (264) ​ (264) Balance at September 30, 2019 ​ $ 310,210 ​ $ 376,782 ​ $ 686,992
Summary of Indefinite-Lived Intangible Assets Balances by Reporting Segment	The table below summarizes the indefinite-lived intangible asset balances by reportable segment (in thousands): ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ September 30, June 30, September 30, Reportable Segment ​ 2019 ​ 2019 ​ 2018 Medical and Healthcare ​ $ 137,500 ​ $ 137,500 ​ $ 137,500 Financial Services ​ 87,486 ​ 87,517 ​ 69,053 Total ​ $ 224,986 ​ $ 225,017 ​ $ 206,553

RESTRUCTURING CHARGES (Tables)

RESTRUCTURING CHARGES (Tables)	3 Months Ended
	Sep. 30, 2019
Restructuring and Related Activities [Abstract]
Restructuring and Related Costs	Pre-tax restructuring charges by segment were as follows (in thousands): ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Three Months Ended September 30, 2019 ​ Three Months Ended September 30, 2018 ​ Real Estate Termination ​ ​ Real Estate Termination ​ ​ ​ ​ and Other ​ Benefits ​ Total ​ and Other ​ Benefits ​ Total Medical and Healthcare ​ $ 127 ​ $ — ​ $ 127 ​ $ 37,753 ​ $ 1,262 ​ $ 39,015 Financial Services ​ ​ 1,690 ​ ​ 289 ​ ​ 1,979 ​ ​ — ​ ​ — ​ ​ — Home Office and Other ​ 4,122 ​ 302 ​ 4,424 ​ 509 ​ (51) ​ 458 Total ​ $ 5,939 ​ $ 591 ​ $ 6,530 ​ $ 38,262 ​ $ 1,211 ​ $ 39,473
Schedule of Restructuring Reserve by Type of Cost	The following table summarizes the separation and restructuring plan activity for the fiscal years 2020 and 2019, for which cash payments are required (in thousands): ​ ​ ​ ​ Liability balance at June 30, 2018 $ 38,927 Increase in liability (separation and other charges) ​ 8,870 Reduction in liability (payments and adjustments) ​ (22,714) Liability balance at June 30, 2019 ​ 25,083 ASC 842 (Leases) Adjustment (1) ​ ​ (25,030) Liability balance at July 1, 2019 ​ 53 Increase in liability (separation and other charges) ​ 591 Reduction in liability (payments and adjustments) ​ (500) Liability balance at September 30, 2019 ​ $ 144

LEASES (Tables)

LEASES (Tables)	3 Months Ended
	Sep. 30, 2019
LEASES
Summary of components of lease cost	The components of lease cost were as follows (in thousands): ​ ​ ​ ​ ​ ​ ​ Three Months Ended ​ September 30, ​ ​ 2019 Operating Lease Cost ​ $ 13,703 Sublease Income ​ (5,126) Total Lease Cost ​ $ 8,577
Summary of maturities of lease liabilities	Maturities of lease liabilities by fiscal year were as follows as of September 30, 2019 (in thousands): ​ ​ ​ ​ ​ Operating Fiscal Year ​ Leases 2020 (Remaining) ​ $ 50,344 2021 ​ ​ 61,142 2022 ​ ​ 56,349 2023 ​ ​ 45,344 2024 ​ ​ 28,880 Thereafter ​ ​ 40,791 Total lease payments ​ 282,850 Less: imputed interest ​ ​ (36,738) Present value of lease liabilities ​ $ 246,112
Summary of lease term and discount rate	Lease term and discount rate were as follows: ​ ​ ​ ​ ​ September 30, ​ ​ 2019 Weighted-average remaining operating lease term (years) ​ ​ 5.1 Weighted-average operating lease discount rate ​ ​ 5.4%
Summary of supplemental disclosures of cash flow information related to leases	​ Supplemental disclosures of cash flow information related to leases were as follows (in thousands): ​ ​ ​ ​ ​ September 30, ​ ​ 2019 Cash paid for amounts in the measurement of operating lease liabilities (net of sublease receipts) ​ $ 11,963 Operating lease assets obtained in exchange for operating lease liabilities ​ $ 4,868
Schedule of Future minimum lease and sublease rental income	Future minimum lease and sublease rental income under these agreements at September 30, 2019, are as follows (in thousands): ​ ​ ​ ​ ​ Fiscal Year Amount 2020 (Remaining) ​ $ 18,608 2021 ​ ​ 20,099 2022 ​ 17,103 2023 ​ 16,368 2024 ​ 10,523 Thereafter ​ ​ 7,308 Total ​ $ 90,009
Summary of future minimum rental commitments for all noncancelable operating leases	​ As previously disclosed in our 2019 Annual Report on Form 10-K and under the previous lease accounting, future minimum rental commitments for all noncancelable operating leases, adjusted to exclude Adtalem Brazil, having a remaining term in excess of one year at June 30, 2019, were as follows (in thousands): ​ ​ ​ ​ Fiscal Year ​ Amount 2020 ​ $ 67,109 2021 ​ ​ 60,781 2022 ​ ​ 55,982 2023 ​ ​ 44,970 2024 ​ ​ 28,374 Thereafter ​ ​ 36,120 Total minimum lease payments ​ $ 293,336

DEBT (Tables)

DEBT (Tables)	3 Months Ended
	Sep. 30, 2019
Debt Instruments [Abstract]
Schedule of Long-term Debt Instruments	Long-term debt consists of the following (in thousands): ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ September 30, June 30, September 30, ​ ​ 2019 ​ 2019 ​ 2018 Total Debt: ​ ​ ​ Term B Loan ​ $ 296,250 ​ $ 297,000 ​ $ 299,250 Revolver ​ 40,000 ​ 110,000 ​ — Total Principal Payments Due ​ 336,250 ​ 407,000 ​ 299,250 Deferred Debt Issuance Costs ​ (5,650) ​ (5,906) ​ (6,671) Total Amount Outstanding ​ 330,600 ​ 401,094 ​ 292,579 Less Current Portion: ​ ​ ​ Term B Loan ​ (3,000) ​ (3,000) ​ (3,000) Noncurrent Portion ​ $ 327,600 ​ $ 398,094 ​ $ 289,579
Schedule of Maturities of Long-term Debt	Scheduled future maturities of long-term debt for the next five fiscal years ending June 30 and in the aggregate are as follows (in thousands): ​ ​ ​ ​ ​ Maturity Fiscal Year ​ Payments 2020 (Remaining) ​ $ 2,250 2021 ​ 3,000 2022 ​ 3,000 2023 ​ 43,000 2024 ​ 3,000 Thereafter ​ 282,000 Total ​ $ 336,250
Schedule Of Debt Issuance Costs	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Term B Loan Revolver Total Deferred Debt Issuance Costs at June 30, 2019 ​ $ 5,906 ​ $ 2,061 ​ $ 7,967 Amortization of Deferred Debt Issuance Costs ​ (256) ​ (136) ​ (392) Deferred Debt Issuance Costs at September 30, 2019 ​ $ 5,650 ​ $ 1,925 ​ $ 7,575

SEGMENT INFORMATION (Tables)

SEGMENT INFORMATION (Tables)	3 Months Ended
	Sep. 30, 2019
Segment Reporting [Abstract]
Tabulation of Business Segment Information Based on Current Segmentation	Summary financial information by reportable segment is as follows (in thousands): ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Three Months Ended ​ ​ ​ September 30, ​ ​ 2019 2018 ​ Revenue: ​ ​ Medical and Healthcare ​ $ 207,487 ​ $ 202,100 ​ Financial Services ​ 47,126 ​ 35,646 ​ Home Office and Other ​ — ​ (807) ​ Total Consolidated Revenue ​ $ 254,613 ​ $ 236,939 ​ Operating Income (Loss) from Continuing Operations: ​ ​ ​ Medical and Healthcare ​ $ 28,500 ​ $ 1,656 ​ Financial Services ​ 2,128 ​ 4,750 ​ Home Office and Other ​ (4,887) ​ (9,638) ​ Total Consolidated Operating Income (Loss) from Continuing Operations ​ $ 25,741 ​ $ (3,232) ​ Segment Assets: ​ ​ ​ Medical and Healthcare ​ $ 1,006,655 ​ $ 872,108 ​ Financial Services ​ 582,820 ​ 452,054 ​ Home Office and Other ​ 261,205 ​ 401,643 ​ Discontinued Operations ​ 609,644 ​ 624,060 ​ Total Consolidated Assets ​ $ 2,460,324 ​ $ 2,349,865 ​ Additions to Long-Lived Assets: ​ ​ ​ Medical and Healthcare ​ $ 6,467 ​ $ 11,776 ​ Financial Services ​ 539 ​ 962 ​ Home Office and Other ​ 3,430 ​ 583 ​ Total Consolidated Additions to Long-Lived Assets ​ $ 10,436 ​ $ 13,321 ​ Reconciliation to Consolidated Financial Statements: ​ ​ ​ Capital Expenditures ​ $ 10,436 ​ $ 13,321 ​ Total Consolidated Additions to Long-Lived Assets ​ $ 10,436 ​ $ 13,321 ​ Depreciation Expense: ​ ​ ​ Medical and Healthcare ​ $ 7,231 ​ $ 6,260 ​ Financial Services ​ 294 ​ 367 ​ Home Office and Other ​ 868 ​ 1,100 ​ Total Consolidated Depreciation Expense ​ $ 8,393 ​ $ 7,727 ​ Intangible Asset Amortization Expense: ​ ​ ​ Financial Services ​ $ 2,534 ​ $ 1,605 ​ Total Consolidated Intangible Asset Amortization Expense ​ $ 2,534 ​ $ 1,605 ​
Revenues and Long-Lived Assets by Geographic Area	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Three Months Ended ​ ​ ​ September 30, ​ ​ 2019 2018 ​ Revenue from Unaffiliated Customers: ​ ​ Domestic Operations ​ $ 161,397 ​ $ 146,662 ​ International Operations: ​ ​ ​ Barbados, Dominica, St. Kitts and St. Maarten ​ 90,969 ​ 88,447 ​ Other ​ 2,247 ​ 1,830 ​ Total International ​ 93,216 ​ 90,277 ​ Total Consolidated Revenue ​ $ 254,613 ​ $ 236,939 ​ Long-Lived Assets: ​ ​ ​ Domestic Operations ​ $ 196,331 ​ $ 152,427 ​ International Operations: ​ ​ ​ Barbados, Dominica, St. Kitts and St. Maarten ​ 173,793 ​ 161,136 ​ Other ​ 1,785 ​ 2,012 ​ Total International ​ 175,578 ​ 163,148 ​ Total Consolidated Long-Lived Assets ​ $ 371,909 ​ $ 315,575 ​

INTERIM FINANCIAL STATEMENTS -

INTERIM FINANCIAL STATEMENTS - Additional Information (Detail)	Sep. 30, 2019	Jun. 30, 2019
Adtalem Brazil [Member]
Ownership interest of parent in subsidiary	100.00%	97.90%
Edupristine [Member]
Ownership interest of parent in subsidiary	69.00%

DISCONTINUED OPERATIONS AND A_3

DISCONTINUED OPERATIONS AND ASSETS HELD FOR SALE (Summary of Balance Sheet Information of Assets and Liabilities) (Detail) - USD ($) $ in Thousands	3 Months Ended		12 Months Ended
	Sep. 30, 2019	Sep. 30, 2018	Jun. 30, 2019
Current Assets:
Cash and Cash Equivalents	$ 96,902	$ 94,423	$ 95,243
Restricted Cash	0	15,967	0
Accounts Receivable, Net	64,915	98,089	74,269
Prepaid Expenses and Other Current Assets	8,056	19,162	8,411
Total Current Assets Held for Sale	169,873	227,641	177,923
Land, Building and Equipment Held for Sale, Net	73,763	81,029	81,250
Noncurrent Assets:
Operating Lease Assets	72,261	0	0
Intangible Assets, Net	110,711	115,429	120,108
Goodwill	173,064	178,046	187,195
Perkins Program Fund, Net	0	13,450	0
Other Assets, Net	9,972	8,465	10,338
Total Noncurrent Assets Held for Sale	366,008	315,390	317,641
Total Assets Held for Sale	609,644	624,060	576,814
Current Liabilities:
Accounts Payable	2,857	25,896	4,242
Accrued Salaries, Wages and Benefits	16,239	22,526	17,828
Accrued Liabilities	9,800	14,580	10,193
Deferred Revenue	11,104	58,494	3,846
Current Operating Lease Liabilities	10,174	0	0
Total Current Liabilities Held for Sale	50,174	121,496	36,109
Noncurrent Liabilities:
Long-Term Operating Lease Liabilities	62,367	0	0
Deferred Income Taxes	0	216	0
Other Liabilities	14,101	21,196	16,146
Total Noncurrent Liabilities Held for Sale	76,468	21,412	16,146
Total Liabilities Held for Sale	$ 126,642	$ 142,908	$ 52,255

DISCONTINUED OPERATIONS AND A_4

DISCONTINUED OPERATIONS AND ASSETS HELD FOR SALE (Summary of Income Statement Information of Operations) (Detail) - USD ($) $ in Thousands	3 Months Ended
	Sep. 30, 2019	Sep. 30, 2018
REVENUE:
Total Revenue	$ 45,652	$ 159,554
OPERATING COST AND EXPENSE:
Cost of Educational Services	33,948	98,460
Student Services and Administrative Expense	14,373	64,706
Restructuring Expense (Gain)	35	(443)
Asset Impairment Charge - Building and Equipment		2,242
Total Operating Cost and Expense	48,356	164,965
Operating Loss from Discontinued Operations	(2,704)	(5,411)
Interest and Dividend Income	978	976
Interest Expense	(1,157)	(1,284)
Net Other Expense	(179)	(308)
Interest Income	978	976
Loss from Discontinued Operations Before Income Taxes and Noncontrolling Interest	(2,883)	(5,719)
Income Tax (Provision) Benefit	(273)	985
Loss from Discontinued Operations Before Noncontrolling Interest	(3,156)	(4,734)
Net Income Attributable to Noncontrolling Interest	0	(9)
Loss from Discontinued Operations	$ (3,156)	$ (4,743)

DISCONTINUED OPERATIONS AND A_5

DISCONTINUED OPERATIONS AND ASSETS HELD FOR SALE - Additional Information (Detail) - USD ($) $ in Thousands	Dec. 11, 2018	Sep. 30, 2019	Dec. 31, 2018	Jun. 30, 2019	Oct. 18, 2019	Sep. 30, 2018
Land, Building and Equipment Held for Sale, Net		$ 73,763		$ 81,250		$ 81,029
Indebtedness		126,642		52,255		$ 142,908
Carrington College [Member] | Discontinued Operations, Disposed of by Sale
Discontinued Operation, Gain (Loss) from Disposal of Discontinued Operation, before Income Tax			$ 11,300
Cash And Restricted Cash Transferred To Discontinued Operation			$ (9,900)
DeVry University [Member]
Discontinued Operation, Gain (Loss) from Disposal of Discontinued Operation, before Income Tax				22,300
Payments to Acquire Loans Held-for-investment	$ 10,000
Earn Out Term	10 years
Earn Out Maximum	$ 20,000
Receivable with Imputed Interest, Face Amount		$ 10,000
Receivable with Imputed Interest, Effective Yield (Interest Rate)	4.00%	4.00%
Receivable with Imputed Interest, Due Date	Jan. 1, 2022	Jan. 1, 2022
Cash And Restricted Cash Transferred To Discontinued Operation				$ (40,200)
Adtalem Educacional do Brasil [Member] | Discontinued Operations, Disposed of by Sale
Consideration from disposal					$ 465,000
Cash balances expected to be received net of indebtedness					74,000
Cash balances receivable					89,000
Indebtedness					15,000
Proceeds from disposal					$ 539,000

SUMMARY OF SIGNIFICANT ACCOUN_4

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Disaggregate revenue) (Detail) - USD ($) $ in Thousands	3 Months Ended
	Sep. 30, 2019	Sep. 30, 2018
Disaggregation of Revenue [Line Items]
Revenues	$ 254,613	$ 236,939
Higher Education [Member]
Disaggregation of Revenue [Line Items]
Revenues	201,453	201,173
Test Preparation/Certifications
Disaggregation of Revenue [Line Items]
Revenues	24,972	27,909
Conferences Seminars [Member]
Disaggregation of Revenue [Line Items]
Revenues	17,070	2,868
Memberships Subscriptions [Member]
Disaggregation of Revenue [Line Items]
Revenues	4,867	3,936
Other [Member]
Disaggregation of Revenue [Line Items]
Revenues	6,251	1,053
Medical and Healthcare [Member]
Disaggregation of Revenue [Line Items]
Revenues	207,487	202,100
Medical and Healthcare [Member] | Higher Education [Member]
Disaggregation of Revenue [Line Items]
Revenues	201,453	201,173
Medical and Healthcare [Member] | Test Preparation/Certifications
Disaggregation of Revenue [Line Items]
Revenues	0	0
Medical and Healthcare [Member] | Conferences Seminars [Member]
Disaggregation of Revenue [Line Items]
Revenues	0	0
Medical and Healthcare [Member] | Memberships Subscriptions [Member]
Disaggregation of Revenue [Line Items]
Revenues	0	0
Medical and Healthcare [Member] | Other [Member]
Disaggregation of Revenue [Line Items]
Revenues	6,034	927
Financial Services
Disaggregation of Revenue [Line Items]
Revenues	47,126	35,646
Financial Services | Higher Education [Member]
Disaggregation of Revenue [Line Items]
Revenues	0	0
Financial Services | Test Preparation/Certifications
Disaggregation of Revenue [Line Items]
Revenues	24,972	28,716
Financial Services | Conferences Seminars [Member]
Disaggregation of Revenue [Line Items]
Revenues	17,070	2,868
Financial Services | Memberships Subscriptions [Member]
Disaggregation of Revenue [Line Items]
Revenues	4,867	3,936
Financial Services | Other [Member]
Disaggregation of Revenue [Line Items]
Revenues	217	126
Home Office And Other [Member]
Disaggregation of Revenue [Line Items]
Revenues	0	(807)
Home Office And Other [Member] | Higher Education [Member]
Disaggregation of Revenue [Line Items]
Revenues	0	0
Home Office And Other [Member] | Test Preparation/Certifications
Disaggregation of Revenue [Line Items]
Revenues	0	(807)
Home Office And Other [Member] | Conferences Seminars [Member]
Disaggregation of Revenue [Line Items]
Revenues	0	0
Home Office And Other [Member] | Memberships Subscriptions [Member]
Disaggregation of Revenue [Line Items]
Revenues	0	0
Home Office And Other [Member] | Other [Member]
Disaggregation of Revenue [Line Items]
Revenues	$ 0	$ 0

SUMMARY OF SIGNIFICANT ACCOUN_5

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Reconciliation of Non-Controlling Interest Balance) (Detail) - USD ($) $ in Thousands	3 Months Ended
	Sep. 30, 2019	Sep. 30, 2018
Accounting Policies [Abstract]
Balance at Beginning of Period	$ 9,543	$ 9,110
Net Loss Attributable to Noncontrolling Interest	(109)	(55)
Decrease in Redemption Value of Noncontrolling Interest Put Option		(241)
Payment for Purchase of Noncontrolling Interest of Subsidiary	(6,247)
Balance at End of Period	$ 3,187	$ 8,814

SUMMARY OF SIGNIFICANT ACCOUN_6

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Reconciliation of Basic Shares to Diluted Shares) (Detail) - shares shares in Thousands	3 Months Ended
	Sep. 30, 2019	Sep. 30, 2018
Accounting Policies [Abstract]
Weighted Average Shares Outstanding	55,018	59,722
Unvested Participating RSUs	475	606
Basic Shares	55,493	60,328
Effect of Dilutive Stock Options	647	874
Diluted Shares	56,140	61,202

SUMMARY OF SIGNIFICANT ACCOUN_7

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Impact on Consolidated Balance Sheet Upon Adoption of ASC 842) (Detail) - USD ($) $ / shares in Units, $ in Thousands	Sep. 30, 2019	Jul. 01, 2019	Jun. 30, 2019	Sep. 30, 2018	Jun. 30, 2018
Current Assets:
Cash and Cash Equivalents	$ 121,079		$ 204,202	$ 334,222
Investments in Marketable Securities	8,763		8,680	8,402
Restricted Cash	710		1,022	877
Accounts Receivable, Net	116,212		83,560	108,213
Prepaid Expenses and Other Current Assets	39,476		29,313	60,031
Total Current Assets	456,113		504,700	739,386
Land, Building and Equipment:
Land	41,441		41,938	41,183
Building	309,893		322,657	288,438
Equipment	235,027		228,533	221,294
Construction in Progress	8,681		13,545	25,799
Land, Building and Equipment, Gross	595,042		606,673	576,714
Accumulated Depreciation	(314,219)		(323,240)	(306,340)
Noncurrent Assets:
Operating Lease Assets	195,238		0	0
Deferred Income Taxes	14,977		18,314	31,080
Intangible Assets, Net	295,324		297,989	240,166
Goodwill	686,992		687,256	627,239
Other Assets, Net	91,086		52,113	45,201
Total Noncurrent Assets	1,649,625		1,373,313	1,259,076
TOTAL ASSETS	2,460,324		2,242,696	2,349,865
Current Liabilities:
Accounts Payable	44,674		53,385	48,087
Accrued Salaries, Wages and Benefits	30,071		46,664	32,056
Accrued Liabilities	61,966		76,529	80,591
Deferred Revenue	168,533		95,944	173,856
Current Operating Lease Liabilities	54,057		0	0
Current Portion of Long-Term Debt	3,000		3,000	3,000
Total Current Liabilities	412,475		311,631	459,086
Noncurrent Liabilities:
Long-Term Debt	327,600		398,094	289,579
Long-Term Operating Lease Liabilities	192,055		0	0
Deferred Income Taxes	29,094		29,426	29,378
Other Liabilities	92,252		86,326	101,561
Total Noncurrent Liabilities	717,469		529,992	441,930
TOTAL LIABILITIES	1,129,944		841,623	901,016
NONCONTROLLING INTEREST	3,187		9,543	8,814	$ 9,110
SHAREHOLDERS' EQUITY:
Common Stock, $0.01 Par Value	805		801	798
Additional Paid-in Capital	492,151		486,061	469,545
Retained Earnings	2,027,263		2,012,902	1,908,465
Accumulated Other Comprehensive Loss	(176,739)		(137,290)	(163,168)
Treasury Stock, at Cost	(1,016,287)		(970,944)	(775,605)
TOTAL SHAREHOLDERS' EQUITY	1,327,193		1,391,530	1,440,035	$ 1,519,286
TOTAL LIABILITIES, NONCONTROLLING INTEREST AND SHAREHOLDERS' EQUITY	$ 2,460,324		$ 2,242,696	$ 2,349,865
Common Stock, Par Value	$ 0.01		$ 0.01	$ 0.01
ASC 842
Current Assets:
Cash and Cash Equivalents		$ 299,445
Investments in Marketable Securities		8,680
Restricted Cash		1,022
Accounts Receivable, Net		157,829
Prepaid Expenses and Other Current Assets		34,241
Total Current Assets		501,217
Land, Building and Equipment:
Land		44,609
Building		383,331
Equipment		281,551
Construction in Progress		16,222
Land, Building and Equipment, Gross		725,713
Accumulated Depreciation		(361,030)
Land, Building and Equipment, Net		364,683
Noncurrent Assets:
Operating Lease Assets		282,978
Deferred Income Taxes		18,314
Intangible Assets, Net		418,097
Goodwill		874,451
Other Assets, Net		62,451
Total Noncurrent Assets		1,656,291
TOTAL ASSETS		2,522,191
Current Liabilities:
Accounts Payable		57,627
Accrued Salaries, Wages and Benefits		64,492
Accrued Liabilities		69,776
Deferred Revenue		99,790
Current Operating Lease Liabilities		66,707
Current Portion of Long-Term Debt		3,000
Total Current Liabilities		361,392
Noncurrent Liabilities:
Long-Term Debt		398,094
Long-Term Operating Lease Liabilities		269,387
Deferred Income Taxes		29,426
Other Liabilities		62,819
Total Noncurrent Liabilities		759,726
TOTAL LIABILITIES		1,121,118
NONCONTROLLING INTEREST		9,543
SHAREHOLDERS' EQUITY:
Common Stock, $0.01 Par Value		801
Additional Paid-in Capital		486,061
Retained Earnings		2,012,902
Accumulated Other Comprehensive Loss		(137,290)
Treasury Stock, at Cost		(970,944)
TOTAL SHAREHOLDERS' EQUITY		1,391,530
TOTAL LIABILITIES, NONCONTROLLING INTEREST AND SHAREHOLDERS' EQUITY		2,522,191
ASC 842 | June 30, 2019
Current Assets:
Cash and Cash Equivalents			$ 299,445
Investments in Marketable Securities			8,680
Restricted Cash			1,022
Accounts Receivable, Net			157,829
Prepaid Expenses and Other Current Assets			37,724
Total Current Assets			504,700
Land, Building and Equipment:
Land			44,609
Building			383,331
Equipment			281,551
Construction in Progress			16,222
Land, Building and Equipment, Gross			725,713
Accumulated Depreciation			(361,030)
Land, Building and Equipment, Net			364,683
Noncurrent Assets:
Deferred Income Taxes			18,314
Intangible Assets, Net			418,097
Goodwill			874,451
Other Assets, Net			62,451
Total Noncurrent Assets			1,373,313
TOTAL ASSETS			2,242,696
Current Liabilities:
Accounts Payable			57,627
Accrued Salaries, Wages and Benefits			64,492
Accrued Liabilities			86,722
Deferred Revenue			99,790
Current Portion of Long-Term Debt			3,000
Total Current Liabilities			311,631
Noncurrent Liabilities:
Long-Term Debt			398,094
Deferred Income Taxes			29,426
Other Liabilities			102,472
Total Noncurrent Liabilities			529,992
TOTAL LIABILITIES			841,623
NONCONTROLLING INTEREST			9,543
SHAREHOLDERS' EQUITY:
Common Stock, $0.01 Par Value			801
Additional Paid-in Capital			486,061
Retained Earnings			2,012,902
Accumulated Other Comprehensive Loss			(137,290)
Treasury Stock, at Cost			(970,944)
TOTAL SHAREHOLDERS' EQUITY			1,391,530
TOTAL LIABILITIES, NONCONTROLLING INTEREST AND SHAREHOLDERS' EQUITY			$ 2,242,696
ASC 842 | Adjustments due to adoption of ASC 842
Current Assets:
Prepaid Expenses and Other Current Assets		(3,483)
Total Current Assets		(3,483)
Noncurrent Assets:
Operating Lease Assets		282,978
Total Noncurrent Assets		282,978
TOTAL ASSETS		279,495
Current Liabilities:
Accrued Liabilities		(16,946)
Current Operating Lease Liabilities		66,707
Total Current Liabilities		49,761
Noncurrent Liabilities:
Long-Term Operating Lease Liabilities		269,387
Other Liabilities		(39,653)
Total Noncurrent Liabilities		229,734
TOTAL LIABILITIES		279,495
SHAREHOLDERS' EQUITY:
TOTAL LIABILITIES, NONCONTROLLING INTEREST AND SHAREHOLDERS' EQUITY		279,495
ASC 842 | Adjustments due to adoption of ASC 842 | Accrued Liabilities [Member]
SHAREHOLDERS' EQUITY:
Deferred Rent Credit, Current		6,800
Restructuring Reserve, Current		10,100
ASC 842 | Adjustments due to adoption of ASC 842 | Prepaid Expenses and Other Current Assets [Member]
SHAREHOLDERS' EQUITY:
Prepaid Rent		3,500
ASC 842 | Adjustments due to adoption of ASC 842 | Other Noncurrent Liabilities [Member]
SHAREHOLDERS' EQUITY:
Noncurrent deferred rent liability		24,800
Restructuring Reserve, Noncurrent		$ 14,900

SUMMARY OF SIGNIFICANT ACCOUN_8

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES - Additional Information (Detail)	3 Months Ended		8 Months Ended	12 Months Ended
	Sep. 30, 2019USD ($)itemshares	Sep. 30, 2018USD ($)shares	Feb. 28, 2019	Jun. 30, 2019USD ($)	Jul. 01, 2019USD ($)
Summary Of Significant Accounting Policies [Line Items]
Revenue recognized included in the deferred revenue	$ 79,400,000
Allowance for bad debts	18,800,000	$ 13,300,000		$ 14,500,000
Capitalized internal-use software development costs	11,100,000	12,400,000		10,600,000
Property, Plant and Equipment, Gross	$ 595,042,000	$ 576,714,000		606,673,000
Number of Operating Units Benefit from Local Tax Incentives | item	3
Decrease in noncontrolling interest	$ 6,247,000
Anti-dilutive shares excluded from computations of earnings per share | shares	329,000	272,000
Discount on re-issue of treasury stock			5.00%
Cumulative translation losses	$ 176,900,000	$ 163,200,000		137,400,000
Advertising expense	20,200,000	16,800,000
Operating Lease Assets	195,238,000	0		0
Hurricane [Member]
Summary Of Significant Accounting Policies [Line Items]
Loss from catastrophes	0	6,900,000
Unusual or Infrequent Item, or Both, Insurance Proceeds		6,900,000
DeVry University And Carrington College [Member]
Summary Of Significant Accounting Policies [Line Items]
Impairment of Long-Lived Assets to be Disposed of		2,200,000
Property, Plant and Equipment, Gross		0
ASC 842
Summary Of Significant Accounting Policies [Line Items]
Property, Plant and Equipment, Gross					$ 725,713,000
Operating Lease Assets					282,978,000
ASC 842 | Adjustments due to adoption of ASC 842
Summary Of Significant Accounting Policies [Line Items]
Operating Lease Assets					$ 282,978,000
Parent [Member]
Summary Of Significant Accounting Policies [Line Items]
Cumulative translation losses	176,600,000	159,400,000		134,300,000
Tax effect on unrealized gains on available-for-sale securities	100,000			100,000
Other comprehensive income (loss), securities available-for-sale, tax	0			0
Noncontrolling Interest [Member]
Summary Of Significant Accounting Policies [Line Items]
Cumulative translation losses	$ 300,000	3,800,000		$ 3,100,000
Maximum
Summary Of Significant Accounting Policies [Line Items]
Revenue practical expedient remaining performance obligation	1 year
Software and Software Development Costs [Member] | Maximum
Summary Of Significant Accounting Policies [Line Items]
Finite live intangible assets amortization period	7 years
Adtalem Brazil [Member]
Summary Of Significant Accounting Policies [Line Items]
Ownership interest of parent in subsidiary	100.00%			97.90%
Decrease in noncontrolling interest	$ 6,200,000
Adtalem Brazil Senior Management Group [Member] | Adtalem Brazil [Member]
Summary Of Significant Accounting Policies [Line Items]
Noncontrolling Interest, Ownership Percentage by Noncontrolling Owners				2.10%
Edupristine [Member]
Summary Of Significant Accounting Policies [Line Items]
Ownership interest of parent in subsidiary	69.00%
Ownership percentage held by minority available for purchase	33.00%
Kaizen [Member] | Edupristine [Member]
Summary Of Significant Accounting Policies [Line Items]
Noncontrolling Interest, Ownership Percentage by Noncontrolling Owners	31.00%
Dominica Campus [Member] | Ross University School of Medicine [Member]
Summary Of Significant Accounting Policies [Line Items]
Impairment of Long-Lived Assets to be Disposed of		$ 37,800,000
Property, Plant and Equipment, Gross	$ 0

STOCK-BASED COMPENSATION (Summa

STOCK-BASED COMPENSATION (Summary of Options Activity) (Detail) - Stock Option $ / shares in Units, $ in Thousands	3 Months Ended
	Sep. 30, 2019USD ($)$ / sharesshares
Employee Service Share-based Compensation, Allocation of Recognized Period Costs [Line Items]
Number of Options, Outstanding at beginning of period | shares	1,488,478
Number of Options, Granted | shares	229,125
Number of Options, Exercised | shares	(37,889)
Number of Options Forfeited | shares	(15,576)
Number of Options Expired | shares	(65,274)
Number of Options, Outstanding at end of period | shares	1,598,864
Number of Options, Exercisable at end of period | shares	768,712
Weighted Average Exercise Price at beginning of period | $ / shares	$ 31.33
Weighted Average Exercise Price, Options Granted | $ / shares	43.39
Weighted Average Exercise Price, Options Exercised | $ / shares	28.94
Weighted Average Exercise Price, Options Forfeited | $ / shares	42.51
Weighted Average Exercise Price, Options Expired | $ / shares	52.28
Weighted Average Exercise Price, Outstanding at end of period | $ / shares	32.15
Weighted Average Exercise Price, Exercisable at end of period | $ / shares	$ 28.43
Weighted Average Remaining Contractual Life, Outstanding at end of period	7 years 1 month 24 days
Weighted Average Remaining Contractual Life, Exercisable at end of period	5 years 10 months 13 days
Aggregate Intrinsic Value, Outstanding at End of period | $	$ 12,512
Aggregate Intrinsic Value, Exercisable at end of period | $	$ 8,385

STOCK-BASED COMPENSATION (Fair

STOCK-BASED COMPENSATION (Fair Values of Stock Option Awards Weighted Average Assumptions) (Detail)	3 Months Ended
	Sep. 30, 2019	Sep. 30, 2018
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Expected Life (in Years)	6 years 6 months 3 days	6 years 6 months
Expected Volatility	37.66%	39.60%
Risk-free Interest Rate	1.40%	2.73%
Dividend Yield	0.00%	0.00%

STOCK-BASED COMPENSATION (Sum_2

STOCK-BASED COMPENSATION (Summary of Restricted Stock Units Activity) (Detail) - Restricted Stock Units - $ / shares	3 Months Ended
	Sep. 30, 2019	Sep. 30, 2018
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Restricted Stock Units Outstanding at beginning of period	878,030
Restricted Stock Units Outstanding, Shares Granted	370,280
Restricted Stock Units Outstanding, Shares Vested	(330,216)
Restricted Stock Units Outstanding, Shares Forfeited	(40,611)
Restricted Stock Units Outstanding at end of period	877,483
Weighted Average Grant Date Fair Value, Nonvested beginning balance	$ 34.86
Weighted Average Grant Date Fair Value, Shares Granted	43.39	$ 49.03
Weighted Average Grant Date Fair Value, Shares Vested	27.37
Weighted Average Grant Date Fair Value, Shares Forfeited	37.83
Weighted Average Grant Date Fair Value, Nonvested ending balance	$ 40.01

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
	Sep. 30, 2019	Sep. 30, 2018
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock-Based Compensation Expense	$ 5,223	$ 4,137
Income Tax Benefit	(2,533)	(2,007)
Net Stock-Based Compensation Expense	2,690	2,130
Cost of Educational Services
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock-Based Compensation Expense	455	395
Student Services And Administrative Expense
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock-Based Compensation Expense	$ 4,768	$ 3,742

STOCK-BASED COMPENSATION - Addi

STOCK-BASED COMPENSATION - Additional Information (Detail) $ / shares in Units, $ in Thousands	3 Months Ended		12 Months Ended
	Sep. 30, 2019USD ($)item$ / sharesshares	Sep. 30, 2018USD ($)$ / shares	Jun. 30, 2019USD ($)
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Total intrinsic value of options exercised | $	$ 500	$ 1,800
Total pre-tax unrecognized compensation costs related to non-vested awards | $	$ 30,900
Total pre-tax unrecognized compensation costs related to non-vested awards expected to be recognized, years	2 years 8 months 12 days
Total fair value of options and Restricted Stock Units vested | $	$ 12,100	11,100
Share-based Payment Arrangement, Amount Capitalized | $	$ 0	$ 0	$ 0
Stock Incentive Plans
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based compensation arrangements plans | item	2
Weighted average estimated grant date fair values, for options granted at market price, per share | $ / shares	$ 16.98	$ 20.96
Common Stock, Capital Shares Reserved for Future Issuance | shares	6,735,482
Stock Incentive Plans | Maximum
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Term of options (in years)	10 years
Vesting Period (in years)	5 years
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 | $ / shares	$ 43.39	$ 49.03
Restricted Stock Units Outstanding, Shares Granted | shares	370,280
Performance Based Shares
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Term of options (in years)	3 years
Restricted Stock Units Outstanding, Shares Granted | shares	135,660
Non-Performance Based Shares
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Term of options (in years)	3 years
Restricted Stock Units Outstanding, Shares Granted | shares	234,620
Non-Performance Based Shares | Minimum
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Term of options (in years)	1 year
Non-Performance Based Shares | Maximum
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Term of options (in years)	4 years

FINANCING RECEIVABLES (Institut

FINANCING RECEIVABLES (Institutional Loan Balances and Related Allowances for Credit Losses) (Detail) - USD ($) $ in Thousands	3 Months Ended		12 Months Ended
	Sep. 30, 2019	Sep. 30, 2018	Jun. 30, 2019
Receivables [Abstract]
Gross Institutional Loans	$ 47,673	$ 48,936	$ 47,937
Allowance for Credit Losses:
Balance at July 1	(6,289)	(10,003)	(10,003)
Charge-offs and Adjustments	26	5,355	10,777
Recoveries	(24)	(32)	(83)
Additional Provision	(3,291)	(2,462)	(6,980)
Balance at End of Period	(9,578)	(7,142)	(6,289)
Net Institutional Loans	$ 38,095	$ 41,794	$ 41,648

FINANCING RECEIVABLES (Credit R

FINANCING RECEIVABLES (Credit Risk Profiles of Institutional Loan Balance) (Detail) - USD ($) $ in Thousands	Sep. 30, 2019	Jun. 30, 2019	Sep. 30, 2018
Financing Receivables [Line Items]
Total Institutional Loans	$ 47,673	$ 47,937	$ 48,936
Credit Concentration Risk [Member]
Financing Receivables [Line Items]
Total Institutional Loans	47,673	47,937	48,936
Credit Concentration Risk [Member] | Performing
Financing Receivables [Line Items]
Total Institutional Loans	36,712	38,049	41,963
Credit Concentration Risk [Member] | Nonperforming
Financing Receivables [Line Items]
Total Institutional Loans	$ 10,961	$ 9,888	$ 6,973

FINANCING RECEIVABLES (Instit_2

FINANCING RECEIVABLES (Institutional Loans Past Due) (Detail) - USD ($) $ in Thousands	Sep. 30, 2019	Jun. 30, 2019	Sep. 30, 2018
Financing Receivable, Recorded Investment, Past Due [Line Items]
Institutional Loans, Past Due	$ 16,146	$ 16,611	$ 14,919
Institutional Loans, Current	31,527	31,326	34,017
Total Institutional Loans	47,673	47,937	48,936
Financing Receivables, 1 to 29 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Institutional Loans, Past Due	3,317	3,578	6,437
Financing Receivables, 30 to 59 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Institutional Loans, Past Due	1,342	2,458	757
Financing Receivables, 60 to 89 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Institutional Loans, Past Due	526	687	752
Financing Receivables Greater Than 90 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Institutional Loans, Past Due	$ 10,961	$ 9,888	$ 6,973

FINANCING RECEIVABLES - Additio

FINANCING RECEIVABLES - Additional Information (Detail) - USD ($) $ in Thousands	Jul. 31, 2019	Dec. 11, 2018	Sep. 30, 2019	Jun. 30, 2019	Sep. 30, 2018	Jun. 30, 2018
Financing Receivables [Line Items]
Financing Receivable Allowance For Credit Losses			$ 9,578	$ 6,289	$ 7,142	$ 10,003
Minimum
Financing Receivables [Line Items]
Receivable with Imputed Interest, Effective Yield (Interest Rate)			3.00%
Maximum
Financing Receivables [Line Items]
Receivable with Imputed Interest, Effective Yield (Interest Rate)			12.00%
Accounts Receivable
Financing Receivables [Line Items]
Net Institutional Student Loans, Current			$ 14,100	16,600	12,700
Other Assets
Financing Receivables [Line Items]
Net Institutional Student Loans, Noncurrent			24,000	25,100	29,100
Nonperforming
Financing Receivables [Line Items]
Financing Receivable Allowance For Credit Losses			$ 9,400	$ 6,100	$ 7,000
DeVry University [Member]
Financing Receivables [Line Items]
Receivable with Imputed Interest, Effective Yield (Interest Rate)		4.00%	4.00%
Receivable with Imputed Interest, Face Amount			$ 10,000
Receivable with Imputed Interest, Due Date		Jan. 1, 2022	Jan. 1, 2022
Future Cash Flows Discounting Rate			4.00%
DePaul College Prep | Discontinued Operations, Disposed of by Sale
Financing Receivables [Line Items]
Receivable with Imputed Interest, Effective Yield (Interest Rate)	4.00%		4.00%
Receivable with Imputed Interest, Face Amount	$ 46,800
Loan Receivable			$ 40,400
Future Cash Flows Discounting Rate			7.00%

SHARE REPURCHASE PROGRAMS - Add

SHARE REPURCHASE PROGRAMS - Additional Information (Detail) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2019	Sep. 30, 2018	Sep. 30, 2019	Nov. 07, 2018
Share Repurchases [Line Items]
Payments for Repurchase of Common Stock	$ 40,255	$ 59,175
Authorized on November 7, 2018
Share Repurchases [Line Items]
Payments for Repurchase of Common Stock	$ 40,300		$ 158,100
Treasury Stock Shares Acquired	918,807		3,463,963
Maximum | Authorized on November 7, 2018
Share Repurchases [Line Items]
Authorized amount for repurchase				$ 300,000
Remaining authorized amount for repurchase	$ 141,900		$ 141,900

BUSINESS COMBINATIONS (Estimate

BUSINESS COMBINATIONS (Estimated Fair Values of Assets Acquired and Liabilities Assumed) (Detail) - USD ($) $ in Thousands	Sep. 30, 2019	Jun. 30, 2019	May 31, 2019	Sep. 30, 2018
Business Acquisition [Line Items]
Goodwill	$ 686,992	$ 687,256		$ 627,239
OnCourse Learning [Member]
Business Acquisition [Line Items]
Current Assets			$ 5,260
Property and Equipment			1,197
Intangible Assets			63,100
Goodwill			59,519
Total Assets Acquired			129,076
Liabilities Assumed			9,445
Net Assets Acquired			$ 119,631

BUSINESS COMBINATIONS (Acquired

BUSINESS COMBINATIONS (Acquired Intangible Assets Subject to Amortization and Values and Estimated Useful Lives) (Detail) - OnCourse Learning [Member] $ in Thousands	May 31, 2019USD ($)	May 31, 2019USD ($)
Business Acquisition [Line Items]
Amortizable intangible assets, estimated useful lives	9 years
Customer Relationships [Member]
Business Acquisition [Line Items]
Intangible assets, finite lived	$ 26,400	$ 26,400
Amortizable intangible assets, estimated useful lives		11 years
Curriculum/Software [Member]
Business Acquisition [Line Items]
Intangible assets, finite lived	11,600	$ 11,600
Amortizable intangible assets, estimated useful lives		6 years
Course Delivery Technology
Business Acquisition [Line Items]
Intangible assets, finite lived	$ 6,700	$ 6,700
Amortizable intangible assets, estimated useful lives		5 years

BUSINESS COMBINATIONS - Additio

BUSINESS COMBINATIONS - Additional Information (Detail) - USD ($) $ in Thousands	May 31, 2019	Jun. 30, 2018
Business Acquisition [Line Items]
Long-term line of credit		$ 0
OnCourse Learning [Member]
Business Acquisition [Line Items]
Percentage of voting interests acquired	100.00%
Payments to acquire business	$ 118,400
Cash acquired from acquisition	1,200
Long-term line of credit	100,000
Assets acquired, approximate price paid	$ 119,631
Acquired Finite Lived Intangible Assets Weighted Average Useful Life	9 years
Intangible Assets	$ 63,100
OnCourse Learning [Member] | Trade Name [Member]
Business Acquisition [Line Items]
Intangible Assets	$ 18,400

INTANGIBLE ASSETS (Schedule of

INTANGIBLE ASSETS (Schedule of Intangible Assets) (Detail) - USD ($) $ in Thousands	3 Months Ended
	Sep. 30, 2019	Jun. 30, 2019	Sep. 30, 2018
Intangible Assets [Line Items]
Amortizable Intangible Assets, Gross Carrying Amount	$ 87,700	$ 93,100	$ 48,400
Amortizable Intangible Assets, Accumulated Amortization	(17,362)	(20,128)	(14,787)
Indefinite-lived Intangible Assets, Gross Carrying Amount	224,986	225,017	206,553
Customer Relationships [Member]
Intangible Assets [Line Items]
Amortizable Intangible Assets, Gross Carrying Amount	68,900	69,300	42,900
Amortizable Intangible Assets, Accumulated Amortization	$ (15,865)	(14,448)	(10,756)
Amortizable Intangible Assets, Weighted Average Amortization Period	10 years
Curriculum/Software [Member]
Intangible Assets [Line Items]
Amortizable Intangible Assets, Gross Carrying Amount	$ 11,600	16,600	5,000
Amortizable Intangible Assets, Accumulated Amortization	$ (644)	(5,193)	(3,750)
Amortizable Intangible Assets, Weighted Average Amortization Period	6 years
Course Delivery Technology
Intangible Assets [Line Items]
Amortizable Intangible Assets, Gross Carrying Amount	$ 7,200	7,200
Amortizable Intangible Assets, Accumulated Amortization	$ (853)	(487)
Amortizable Intangible Assets, Weighted Average Amortization Period	5 years
Patented Technology [Member]
Intangible Assets [Line Items]
Amortizable Intangible Assets, Gross Carrying Amount			500
Amortizable Intangible Assets, Accumulated Amortization			(281)
Trade Names [Member]
Intangible Assets [Line Items]
Indefinite-lived Intangible Assets, Gross Carrying Amount	$ 95,746	95,777	77,313
Chamberlain Title IV Eligibility And Accreditations [Member]
Intangible Assets [Line Items]
Indefinite-lived Intangible Assets, Gross Carrying Amount	1,200	1,200	1,200
AUC Title IV Eligibility And Accreditations [Member]
Intangible Assets [Line Items]
Indefinite-lived Intangible Assets, Gross Carrying Amount	100,000	100,000	100,000
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

INTANGIBLE ASSETS (Estimated Am

INTANGIBLE ASSETS (Estimated Amortization Expense for Amortized Intangible Assets) (Detail) - Financial Services $ in Thousands	Sep. 30, 2019USD ($)
Intangible Assets [Line Items]
2020 (Remaining)	$ 7,728
2021	10,073
2022	9,944
2023	9,792
2024	9,509
Thereafter	23,292
Total	$ 70,338

INTANGIBLE ASSETS (Summary of G

INTANGIBLE ASSETS (Summary of Goodwill Balances by Reporting Unit) (Detail) - USD ($) $ in Thousands	Sep. 30, 2019	Jun. 30, 2019	Sep. 30, 2018
Goodwill [Line Items]
Goodwill	$ 686,992	$ 687,256	$ 627,239
Chamberlain University [Member]
Goodwill [Line Items]
Goodwill	4,716	4,716	4,716
AUC [Member]
Goodwill [Line Items]
Goodwill	68,321	68,321	68,321
RUSM and RUSVM [Member]
Goodwill [Line Items]
Goodwill	237,173	237,173	237,173
Financial Services
Goodwill [Line Items]
Goodwill	$ 376,782	$ 377,046	$ 317,029

INTANGIBLE ASSETS (Summary of_2

INTANGIBLE ASSETS (Summary of Goodwill Balances by Reporting Segment) (Detail) - USD ($) $ in Thousands	Sep. 30, 2019	Jun. 30, 2019	Sep. 30, 2018
Goodwill [Line Items]
Goodwill	$ 686,992	$ 687,256	$ 627,239
Medical and Healthcare [Member]
Goodwill [Line Items]
Goodwill	310,210	310,210	310,210
Financial Services
Goodwill [Line Items]
Goodwill	$ 376,782	$ 377,046	$ 317,029

INTANGIBLE ASSETS (Changes in C

INTANGIBLE ASSETS (Changes in Carrying Amount of Goodwill, by Segment) (Detail) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2019	Sep. 30, 2018	Jun. 30, 2019
Goodwill [Line Items]
Goodwill beginning balance	$ 687,256	$ 627,909	$ 627,239
Acquisitions			59,519
Foreign exchange rate changes	(264)	(670)	498
Goodwill ending balance	686,992	627,239	687,256
Medical and Healthcare [Member]
Goodwill [Line Items]
Goodwill beginning balance	310,210	310,210	310,210
Acquisitions			0
Foreign exchange rate changes	0	0	0
Goodwill ending balance	310,210	310,210	310,210
Financial Services
Goodwill [Line Items]
Goodwill beginning balance	377,046	317,699	317,029
Acquisitions			59,519
Foreign exchange rate changes	(264)	(670)	498
Goodwill ending balance	$ 376,782	$ 317,029	$ 377,046

INTANGIBLE ASSETS (Summary of I

INTANGIBLE ASSETS (Summary of Indefinite-Lived Intangible Assets Balances by Reporting Segment) (Detail) - USD ($) $ in Thousands	Sep. 30, 2019	Jun. 30, 2019	Sep. 30, 2018
Indefinite-lived Intangible Assets [Line Items]
Indefinite-lived intangible assets balances	$ 224,986	$ 225,017	$ 206,553
Medical and Healthcare [Member]
Indefinite-lived Intangible Assets [Line Items]
Indefinite-lived intangible assets balances	137,500	137,500	137,500
Financial Services
Indefinite-lived Intangible Assets [Line Items]
Indefinite-lived intangible assets balances	$ 87,486	$ 87,517	$ 69,053

INTANGIBLE ASSETS - Additional

INTANGIBLE ASSETS - Additional Information (Detail) $ in Thousands	1 Months Ended	3 Months Ended
	May 31, 2019USD ($)	Sep. 30, 2019USD ($)segment	Sep. 30, 2018USD ($)	Jun. 30, 2019USD ($)
Goodwill and Intangible Assets Disclosure [Abstract]
Number of reporting units | segment		4
Amortization of Intangible Assets		$ 2,534	$ 1,605
Intangible assets from business combinations		295,324	240,166	$ 297,989
Goodwill		$ 686,992	$ 627,239	$ 687,256
Percentage of intangible assets including Goodwill		40.00%
Goodwill write-off	$ 0	$ 0

RESTRUCTURING CHARGES (Pre-tax

RESTRUCTURING CHARGES (Pre-tax Restructuring Charges) (Detail) - USD ($) $ in Thousands	3 Months Ended
	Sep. 30, 2019	Sep. 30, 2018
Restructuring Cost and Reserve [Line Items]
Restructuring Charges	$ 6,530	$ 39,473
Medical and Healthcare [Member]
Restructuring Cost and Reserve [Line Items]
Restructuring Charges	127	39,015
Financial Services
Restructuring Cost and Reserve [Line Items]
Restructuring Charges	1,979
Home Office And Other [Member]
Restructuring Cost and Reserve [Line Items]
Restructuring Charges	4,424	458
Real Estate and Other
Restructuring Cost and Reserve [Line Items]
Restructuring Charges	5,939	38,262
Real Estate and Other | Medical and Healthcare [Member]
Restructuring Cost and Reserve [Line Items]
Restructuring Charges	127	37,753
Real Estate and Other | Financial Services
Restructuring Cost and Reserve [Line Items]
Restructuring Charges	1,690
Real Estate and Other | Home Office And Other [Member]
Restructuring Cost and Reserve [Line Items]
Restructuring Charges	4,122	509
Termination Benefits
Restructuring Cost and Reserve [Line Items]
Restructuring Charges	591	1,211
Termination Benefits | Medical and Healthcare [Member]
Restructuring Cost and Reserve [Line Items]
Restructuring Charges		1,262
Termination Benefits | Financial Services
Restructuring Cost and Reserve [Line Items]
Restructuring Charges	289
Termination Benefits | Home Office And Other [Member]
Restructuring Cost and Reserve [Line Items]
Restructuring Charges	$ 302	$ (51)

RESTRUCTURING CHARGES (Separati

RESTRUCTURING CHARGES (Separation and Restructuring Plan Activity) (Detail) - USD ($) $ in Thousands	Jul. 01, 2019	Sep. 30, 2019	Jun. 30, 2019
Restructuring Cost and Reserve [Line Items]
Liability beginning balance	$ 25,083	$ 25,083	$ 38,927
Increase in liability (separation and other charges)		591	8,870
Reduction in liability (payments and adjustments)		(500)	(22,714)
Liability ending balance	53	$ 144	$ 25,083
ASC 842
Restructuring Cost and Reserve [Line Items]
Reduction in liability from ASU implementation	$ (25,030)

RESTRUCTURING CHARGES - Additio

RESTRUCTURING CHARGES - Additional Information (Detail) $ in Millions	3 Months Ended
	Sep. 30, 2019USD ($)	Sep. 30, 2018
Restructuring Cost and Reserve [Line Items]
Restructuring and Related Cost, Number of Positions Eliminated	15	176
Adtalem Global Education Inc. [Member]
Restructuring Cost and Reserve [Line Items]
Restructuring reserve current	$ 0.1

LEASES - Additional Information

LEASES - Additional Information (Detail) $ in Millions	3 Months Ended
	Sep. 30, 2019USD ($)facility
LEASES
Option to terminate lease	true
Option to extend lease	true
Extension term	5 years
Number of facilities owned by lessor	4
Number of operating lease locations the entity has agreements to sublease either a portion or the full leased space	25
Operating lease asset on property lease that has not yet commenced | $	$ 10
Lease term on property lease that has not yet commenced	11 years

LEASES - (Components of Lease C

LEASES - (Components of Lease Cost) (Detail) $ in Thousands	3 Months Ended
	Sep. 30, 2019USD ($)
Lease, Cost [Abstract]
Operating Lease Cost	$ 13,703
Sublease Income	(5,126)
Total Lease Cost	$ 8,577

LEASES - (Maturities of Lease L

LEASES - (Maturities of Lease Liabilities) (Detail) $ in Thousands	Sep. 30, 2019USD ($)
Maturities of lease liabilities
2020 (Remaining)	$ 50,344
2021	61,142
2022	56,349
2023	45,344
2024	28,880
Thereafter	40,791
Total lease payments	282,850
Less: imputed interest	(36,738)
Present value of lease liabilities	$ 246,112

LEASES - (Lease Term, Discount

LEASES - (Lease Term, Discount Rate and Cash Flow Information ) (Detail) $ in Thousands	3 Months Ended
	Sep. 30, 2019USD ($)
LEASES
Weighted-average remaining operating lease term (years)	5 years 1 month 6 days
Weighted-average operating lease discount rate	5.40%
Cash paid for amounts in the measurement of operating lease liabilities (net of sublease receipts)	$ 11,963
Operating lease assets obtained in exchange for operating lease liabilities	$ 4,868

LEASES - (Future Minimum Rental

LEASES - (Future Minimum Rental Commitments for Noncancelable Operating Leases ) (Detail) - USD ($) $ in Thousands	12 Months Ended
	Jun. 30, 2019	Jun. 30, 2018	Sep. 30, 2019
Lessor, Operating Lease, Payments, Fiscal Year Maturity [Abstract]
2020 (Remaining)			$ 18,608
2021			20,099
2022			17,103
2023			16,368
2024			10,523
Thereafter			7,308
Total			$ 90,009
Future minimum rental commitments for all noncancelable operating leases
Rent expense	$ 35,800	$ 25,000
Operating Leases Including Adtalem Brazil
Future minimum rental commitments for all noncancelable operating leases
2020	67,109
2021	60,781
2022	55,982
2023	44,970
2024	28,374
Thereafter	36,120
Total minimum lease payments	$ 293,336

INCOME TAXES - Additional Infor

INCOME TAXES - Additional Information (Detail) $ in Millions	3 Months Ended
	Sep. 30, 2019item	Sep. 30, 2018USD ($)
Income Tax Disclosure [Abstract]
Number of operating units benefit from local tax incentives | item	3
Effective Income Tax Rate Reconciliation, Percent	17.60%	32.40%
Effective Income Tax Rate Continuing Operations Excluding Special Items		16.40%
Income (Loss) From Write Off Of Assets And Restructuring Charges Before Tax | $		$ 39

DEBT (Long-term debt) (Detail)

DEBT (Long-term debt) (Detail) - USD ($) $ in Thousands	Sep. 30, 2019	Jun. 30, 2019	Sep. 30, 2018	Jun. 30, 2018
Total Debt:
Long-term Debt, Gross	$ 336,250	$ 407,000	$ 299,250
Line of credit				$ 0
Deferred Debt Issuance Costs	(7,575)	(7,967)
Total Amount Outstanding	330,600	401,094	292,579
Less Current Portion:
Term B Loan	(3,000)	(3,000)	(3,000)
Noncurrent Portion	327,600	398,094	289,579
Revolver [Member]
Total Debt:
Long-term Debt, Gross	40,000	110,000
Term Loan [Member]
Total Debt:
Long-term Debt, Gross	296,250	297,000	299,250
Deferred Debt Issuance Costs	$ (5,650)	$ (5,906)	$ (6,671)

DEBT (Scheduled maturities of l

DEBT (Scheduled maturities of long-term debt) (Detail) - USD ($) $ in Thousands	Sep. 30, 2019	Jun. 30, 2019	Sep. 30, 2018
Debt Disclosure [Abstract]
2020 (Remaining)	$ 2,250
2021	3,000
2022	3,000
2023	43,000
2024	3,000
Thereafter	282,000
Long-term Debt	$ 336,250	$ 407,000	$ 299,250

DEBT (Debt Issuance Costs) (Det

DEBT (Debt Issuance Costs) (Detail) $ in Thousands	Sep. 30, 2019USD ($)
Deferred Debt Issuance Costs at June 30, 2019	$ 7,967
Amortization of Deferred Debt Issuance Costs	(392)
Deferred Debt Issuance Costs at September 30, 2019	7,575
Term B Loan [Member]
Deferred Debt Issuance Costs at June 30, 2019	5,906
Amortization of Deferred Debt Issuance Costs	(256)
Deferred Debt Issuance Costs at September 30, 2019	5,650
Revolver [Member]
Deferred Debt Issuance Costs at June 30, 2019	2,061
Amortization of Deferred Debt Issuance Costs	(136)
Deferred Debt Issuance Costs at September 30, 2019	$ 1,925

DEBT - Additional Information (

DEBT - Additional Information (Detail) - USD ($)	Apr. 13, 2018	Sep. 30, 2019	Jun. 30, 2019	Sep. 30, 2018	Jun. 30, 2018
Line of Credit Facility [Line Items]
Letters of credit outstanding		$ 68,400,000	$ 68,400,000	$ 68,400,000
Commitment fee percentage		0.40%
Credit annual fee percentage reimbursement		2.00%
Annual fee percentage		2.25%
Line of Credit facility, initiation date	Apr. 13, 2018
Outstanding letters of credit		$ 191,600,000
Long-term debt		330,600,000	401,094,000	292,579,000
Increase in line of credit facility	$ 250,000,000
Long-term Line of Credit					$ 0
Debt issuance costs, gross	$ 9,900,000
Long-term debt, gross		$ 336,250,000	$ 407,000,000	$ 299,250,000
Term Loan [Member]
Line of Credit Facility [Line Items]
Interest rate for borrowings under the Term B Loan facility		5.04%	5.40%	5.24%
Debt instrument, maturity date	Apr. 13, 2025
Debt instrument, face amount	$ 300,000,000
Principal payment	750,000
Debt issuance costs, gross	$ 7,100,000
Amortization period	7 years
Weighted Average
Line of Credit Facility [Line Items]
Application rate, percentage		4.20%
Eurocurrency Rate [Member] | Term Loan [Member]
Line of Credit Facility [Line Items]
Debt instrument, description of variable rate basis		LIBOR-equivalent rate plus 3%
Basic spread rate		3.00%
Base Rate [Member] | Term Loan [Member]
Line of Credit Facility [Line Items]
Debt instrument, description of variable rate basis		base rate plus 2%
Basic spread rate		2.00%
Revolver [Member]
Line of Credit Facility [Line Items]
Maximum borrowing capacity	$ 300,000,000
Line of credit facility, expiration date	Apr. 13, 2023
Foreign currency borrowing capacity	$ 200,000,000
Long-term Line of Credit		$ 40,000,000	$ 110,000,000
Debt issuance costs, gross	$ 2,700,000
Amortization period	5 years
Revolver [Member] | Minimum
Line of Credit Facility [Line Items]
Application rate, percentage		1.75%
Revolver [Member] | Maximum
Line of Credit Facility [Line Items]
Application rate, percentage		2.75%
Revolver [Member] | Weighted Average
Line of Credit Facility [Line Items]
Application rate, percentage			4.66%
Revolver [Member] | Prime Rate [Member] | Minimum
Line of Credit Facility [Line Items]
Application rate, percentage		0.75%
Revolver [Member] | Prime Rate [Member] | Maximum
Line of Credit Facility [Line Items]
Application rate, percentage		1.75%
Letter of Credit [Member]
Line of Credit Facility [Line Items]
Maximum borrowing capacity	$ 100,000,000
Term B Loan [Member]
Line of Credit Facility [Line Items]
Excess cash flow payment due		$ 0

COMMITMENTS AND CONTINGENCIES -

COMMITMENTS AND CONTINGENCIES - Additional Information (Detail)

Jul. 16, 2019individual

May 23, 2019individual

Apr. 04, 2019USD ($)

Apr. 03, 2019lawsuit

Mar. 29, 2019lawsuit

Jan. 02, 2019lawsuit

Jun. 27, 2018lawsuit

Jun. 21, 2018lawsuit

May 08, 2018lawsuit

Apr. 13, 2018class

Nov. 28, 2016statelawsuit

Oct. 28, 2016statelawsuit

Oct. 14, 2016statelawsuit

Jun. 14, 2019

Dec. 10, 2018lawsuit

Jan. 17, 2017claim

Loss Contingencies [Line Items]

Number of lawsuits

2

Number of arbitrations

8

Number of claims

2

Petrizzo and Jara Case [Member]

Loss Contingencies [Line Items]

Number of other individuals filed lawsuit

38

Number of different states involved in lawsuit | state

15

Number of individual state specific putative class | state

15

Petrizzo Case [Member]

Loss Contingencies [Line Items]

Number of other individuals filed lawsuit

5

Number of different states involved in lawsuit | state

6

Jara Case [Member]

Loss Contingencies [Line Items]

Number of other individuals filed lawsuit

11

Number of different states involved in lawsuit | state

10

Harriet Myers Case [Member]

Loss Contingencies [Line Items]

Number of claims | claim

3

Nicole Versetto [Member]

Loss Contingencies [Line Items]

Number of other individuals filed lawsuit | class

3

Carlson Case [Member]

Loss Contingencies [Line Items]

Number of other individuals filed lawsuit

102

13

32

71

Number of other individuals to whom notice has been sent | $

105

Stoltmann Case [Member]

Loss Contingencies [Line Items]

Number of other individuals filed lawsuit

399

Number Of Individuals to File Second Amended Claim | individual

1

Robby Brown Case [Member]

Loss Contingencies [Line Items]

Number of other individuals filed lawsuit

2

T Lani Robinson Case [Member]

Loss Contingencies [Line Items]

Number of other individuals filed lawsuit

3

SEGMENT INFORMATION (Tabulation

SEGMENT INFORMATION (Tabulation of Business Segment Information Based on Current Segmentation) (Detail) - USD ($) $ in Thousands	3 Months Ended
	Sep. 30, 2019	Sep. 30, 2018	Jun. 30, 2019
Segment Reporting Information [Line Items]
Total Consolidated Revenue	$ 254,613	$ 236,939
Total Consolidated Operating Income from Continuing Operations	25,741	(3,232)
Total Consolidated Assets	2,460,324	2,349,865	$ 2,242,696
Capital Expenditures	10,436	13,321
Total Consolidated Additions to Long-Lived Assets	10,436	13,321
Total Consolidated Depreciation Expense	8,393	7,727
Total Consolidated Intangible Asset Amortization Expense	2,534	1,605
Discontinued Operations, Held-for-sale [Member]
Segment Reporting Information [Line Items]
Total Consolidated Assets	609,644	624,060
Reconciliation to Consolidated Financial Statements [Member]
Segment Reporting Information [Line Items]
Capital Expenditures	10,436	13,321
Total Consolidated Additions to Long-Lived Assets	10,436	13,321
Medical and Healthcare [Member]
Segment Reporting Information [Line Items]
Total Consolidated Revenue	207,487	202,100
Total Consolidated Operating Income from Continuing Operations	28,500	1,656
Total Consolidated Assets	1,006,655	872,108
Total Consolidated Additions to Long-Lived Assets	6,467	11,776
Total Consolidated Depreciation Expense	7,231	6,260
Financial Services
Segment Reporting Information [Line Items]
Total Consolidated Revenue	47,126	35,646
Total Consolidated Operating Income from Continuing Operations	2,128	4,750
Total Consolidated Assets	582,820	452,054
Total Consolidated Additions to Long-Lived Assets	539	962
Total Consolidated Depreciation Expense	294	367
Total Consolidated Intangible Asset Amortization Expense	2,534	1,605
Home Office And Other [Member]
Segment Reporting Information [Line Items]
Total Consolidated Revenue	0	(807)
Total Consolidated Operating Income from Continuing Operations	(4,887)	(9,638)
Total Consolidated Assets	261,205	401,643
Total Consolidated Additions to Long-Lived Assets	3,430	583
Total Consolidated Depreciation Expense	$ 868	$ 1,100

SEGMENT INFORMATION (Revenues a

SEGMENT INFORMATION (Revenues and Long-Lived Assets by Geographic Area) (Detail) - USD ($) $ in Thousands	3 Months Ended
	Sep. 30, 2019	Sep. 30, 2018
Segment Reporting Information [Line Items]
Total Consolidated Revenue	$ 254,613	$ 236,939
Total Consolidated Long-lived Assets	371,909	315,575
Domestic Operations [Member]
Segment Reporting Information [Line Items]
Total Consolidated Revenue	161,397	146,662
Total Consolidated Long-lived Assets	196,331	152,427
Barbados, Dominica, St. Kitts and St. Maarten [Member]
Segment Reporting Information [Line Items]
Total Consolidated Revenue	90,969	88,447
Total Consolidated Long-lived Assets	173,793	161,136
Other International Operations [Member]
Segment Reporting Information [Line Items]
Total Consolidated Revenue	2,247	1,830
Total Consolidated Long-lived Assets	1,785	2,012
International Operations [Member]
Segment Reporting Information [Line Items]
Total Consolidated Revenue	93,216	90,277
Total Consolidated Long-lived Assets	$ 175,578	$ 163,148

SEGMENT INFORMATION - Additiona

SEGMENT INFORMATION - Additional Information (Detail) - segment	3 Months Ended
	Sep. 30, 2019	Sep. 30, 2018
Segment Reporting Information [Line Items]
Number of segments renamed	2
Number of reporting segments	2
Sales Revenue, Net [Member]
Segment Reporting Information [Line Items]
Concentration risk, percentage	10.00%	10.00%
Other International Operations [Member]
Segment Reporting Information [Line Items]
Concentration risk	less than 5%	less than 5%

REAL ESTATE TRANSACTIONS (Detai

REAL ESTATE TRANSACTIONS (Detail) - USD ($) $ in Thousands	Sep. 27, 2019	Jul. 31, 2019	Sep. 30, 2019	Sep. 30, 2018	Jun. 30, 2019
Real Estate [Line Items]
Proceeds From Down Payment On Seller Loan			$ 5,200	$ 0
Notes receivable			64,915	98,089	$ 74,269
Financing payables			14,101	21,196	$ 16,146
Proceeds from Sales of Assets, Investing Activities			6,421	0
Realized Gain on Sale of Assets			$ 4,779	$ 0
Discontinued Operations, Disposed of by Sale | DePaul College Prep
Real Estate [Line Items]
Proceeds from disposal		$ 52,000
Proceeds From Down Payment On Seller Loan		5,200
Receivable with Imputed Interest, Face Amount		$ 46,800
Receivable with Imputed Interest, Effective Yield (Interest Rate)		4.00%	4.00%
Discontinued Operations, Disposed of by Sale | DePaul College Prep | Other Assets
Real Estate [Line Items]
Notes receivable		$ 40,400
Discontinued Operations, Disposed of by Sale | DePaul College Prep | Other Liabilities
Real Estate [Line Items]
Financing payables		$ 45,600
Discontinued Operations, Disposed of by Sale | Columbus, Ohio Campus
Real Estate [Line Items]
Proceeds from Sales of Assets, Investing Activities	$ 6,400
Realized Gain on Sale of Assets	$ 4,800