0000929887
2009-12-01
2010-02-28
0000929887
2008-12-01
2009-02-28
0000929887
2008-09-01
2009-02-28
0000929887
2008-08-31
0000929887
2009-02-28
0000929887
2009-09-01
2010-02-28
0000929887
2010-02-28
0000929887
us-gaap:CommonClassBMember
2010-02-28
0000929887
us-gaap:NonvotingCommonStockMember
2010-02-28
0000929887
2009-08-31
0000929887
2008-09-01
2009-08-31
0000929887
us-gaap:NonvotingCommonStockMember
2009-08-31
0000929887
us-gaap:CommonClassBMember
2009-08-31
0000929887
us-gaap:CommonClassBMember
2010-03-19
0000929887
2010-03-19
iso4217:USD
xbrli:shares
10-Q
2010-02-28
Apollo Group Inc
0000929887
Yes
No
--08-31
Large Accelerated Filer
Yes
9900000000
475000
151121000
true
Explanatory Note
This Amendment No. 1 on Form 10-Q/A is being filed for the sole purpose of furnishing an amended Interactive Data File on Exhibit 101, originally furnished with Apollo Group, Inc.’s Form 10-Q for the period ended February 28, 2010, which was filed on March 29, 2010 (the “initial filing”). The Interactive Data File furnished in the initial filing contained an error in the amount and date of the entity public float, and an error in the date of the number of entity common shares outstanding, all of which are included on the document and entity information page.
No other changes have been made to the initial filing. This Form 10−Q/A does not reflect events that may have occurred subsequent to the original filing date, and does not modify or update any related disclosures made in the initial filing.
The XBRL related information in Exhibit 101hereto shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, or otherwise subject to liability of that section and shall not be incorporated by reference into any filing or other document pursuant to the Securities Act of 1933, as amended, except as shall be expressly set forth by specific reference in such filing or document.
2010
Q2
660844000
507151000
261205000
102078000
47983000
38926000
24750000
1642937000
573740000
19579000
488686000
180155000
81431000
14043000
3000571000
54587000
71718000
218521000
522548000
344555000
98630000
5734000
1316293000
121522000
53659000
109518000
1600992000
0
1000
103000
52673000
2210792000
3527791000
-30122000
1339654000
59925000
1399579000
3000571000
968246000
432304000
298270000
88022000
57658000
35517000
0
1880017000
557507000
19579000
522358000
203671000
66254000
13991000
3263377000
461365000
66928000
268418000
491639000
333041000
133887000
0
1755278000
127701000
55636000
100149000
2038764000
0
103000
1000
1139000
2022623000
3195043000
-13740000
1159923000
64690000
1224613000
3263377000
1070336000
517344000
263549000
71953000
897346000
172990000
525000
3220000
-79000
170216000
69064000
101152000
-10638000
90514000
-2092000
92606000
869543000
364416000
224567000
69450000
658433000
211110000
3430000
621000
-201000
213718000
85190000
128528000
-3452000
125076000
-270000
125346000
2328995000
1036788000
537624000
144034000
1762946000
566049000
1457000
6128000
-749000
560629000
219045000
341584000
-10938000
330646000
-2102000
332748000
1832825000
733392000
450930000
127316000
1311638000
521187000
8807000
2050000
-2633000
525311000
214535000
310776000
-5392000
305384000
-322000
305706000
0.67
-0.07
0.60
0.67
-0.07
0.60
154119000
155168000
0.80
-0.02
0.78
0.79
-0.02
0.77
160153000
162757000
2.22
-0.07
2.15
2.21
-0.07
2.14
154473000
155621000
1.94
-0.03
1.91
1.92
-0.03
1.89
159643000
161806000
44500000
0
44500000
0
0
0
66848000
125487000
-5368000
-205000
72216000
125692000
-23666000
411000
-19045000
0
311601000
-4765000
316366000
-9907000
-1322000
294155000
-2574000
296729000
29115000
31358000
338000
11181000
64661000
46338000
883000
818000
-534000
-2599000
136582000
70913000
-19675000
-12583000
116879000
48272000
5606000
9112000
-89675000
18137000
-2241000
-51953000
31378000
108216000
18443000
20921000
4902000
5696000
434864000
475643000
0
1660000
74847000
114232000
-142879000
-176591000
423850000
15498000
17819000
13620000
8567000
96486000
201111000
2505000
338000
11181000
-598237000
103284000
-1150000
-1107000
-307402000
401229000
483195000
884424000
243435000
269646000
3583000
1263000
6741000
5251000
68032000
64019000
8756000
7161000
2802000
7362000
0
2203000
9400000
0
<p style='margin-top:0pt; margin-bottom:0pt'><font style="font-family:Times New Roman;font-size:10pt;font-weight:bold;margin-left:0px;">Note </font><font style="font-family:Times New Roman;font-size:10pt;font-weight:bold;">1</font><font style="font-family:Times New Roman;font-size:10pt;font-weight:bold;">. Nature of Operations</font></p><p style='margin-top:0pt; margin-bottom:0pt'> </p><p style='margin-top:0pt; margin-bottom:0pt'><font style="font-family:Times New Roman;font-size:10pt;margin-left:0px;">Apollo Group, Inc., </font><font style="font-family:Times New Roman;font-size:10pt;">its wholly-owned subsidiaries and subsidiaries</font><font style="font-family:Times New Roman;font-size:10pt;"> that we control</font><font style="font-family:Times New Roman;font-size:10pt;">, </font><font style="font-family:Times New Roman;font-size:10pt;">collectively referred to herein as "the Company," "Apollo Group," "Apollo," "APOL," "we," "us" or "our," has been an education provider for m</font><font style="font-family:Times New Roman;font-size:10pt;">ore than 35</font><font style="font-family:Times New Roman;font-size:10pt;"> years</font><font style="font-family:Times New Roman;font-size:10pt;">. </font><font style="font-family:Times New Roman;font-size:10pt;">We offer innovative and distinctive educational programs and services both online and on-campus </font><font style="font-family:Times New Roman;font-size:10pt;">at the undergraduate, </font><font style="font-family:Times New Roman;font-size:10pt;">master</font><font style="font-family:Times New Roman;font-size:10pt;">'</font><font style="font-family:Times New Roman;font-size:10pt;">s </font><font style="font-family:Times New Roman;font-size:10pt;">and doctoral levels</font><font style="font-family:Times New Roman;font-size:10pt;"> through our wholly-owned subsidiaries</font><font style="font-family:Times New Roman;font-size:10pt;">:</font></p><p style='margin-top:0pt; margin-bottom:0pt'> </p><p style='margin-top:0pt; margin-bottom:0pt'></p><ul><li style="margin-left:36px;list-style:disc;"><font style="font-family:Times New Roman;font-size:10pt;">The University of Phoenix, Inc. ("</font><font style="font-family:Times New Roman;font-size:10pt;">University</font><font style="font-family:Times New Roman;font-size:10pt;"> of </font><font style="font-family:Times New Roman;font-size:10pt;">Phoenix</font><font style="font-family:Times New Roman;font-size:10pt;">");</font></li><li style="margin-left:36px;list-style:disc;"><font style="font-family:Times New Roman;font-size:10pt;">Western International University, Inc. (</font><font style="font-family:Times New Roman;font-size:10pt;">"</font><font style="font-family:Times New Roman;font-size:10pt;">Western</font><font style="font-family:Times New Roman;font-size:10pt;"> </font><font style="font-family:Times New Roman;font-size:10pt;">International</font><font style="font-family:Times New Roman;font-size:10pt;"> </font><font style="font-family:Times New Roman;font-size:10pt;">University</font><font style="font-family:Times New Roman;font-size:10pt;">"</font><font style="font-family:Times New Roman;font-size:10pt;">);</font></li><li style="margin-left:36px;list-style:disc;"><font style="font-family:Times New Roman;font-size:10pt;">Institute for Professional Development ("IPD");</font></li><li style="margin-left:36px;list-style:disc;"><font style="font-family:Times New Roman;font-size:10pt;">The College for Financial Planning Institutes Corporation ("CFFP"); and</font></li><li style="margin-left:36px;list-style:disc;"><font style="font-family:Times New Roman;font-size:10pt;">Meritus University, Inc. ("Meritus").</font><font style="font-family:Times New Roman;font-size:10pt;"> </font></li></ul><p style='margin-top:0pt; margin-bottom:0pt'> </p><p style='margin-top:0pt; margin-bottom:0pt'><font style="font-family:Times New Roman;font-size:10pt;margin-left:0px;">In addition to these wholly-owned subsidiaries, we have an 8</font><font style="font-family:Times New Roman;font-size:10pt;">6</font><font style="font-family:Times New Roman;font-size:10pt;">.</font><font style="font-family:Times New Roman;font-size:10pt;">1</font><font style="font-family:Times New Roman;font-size:10pt;">% ownership interest in Apollo Global, Inc. ("Apollo Global"), which pursues investments primarily in the international education services industry, and which we consolidate in our financial statements. </font><font style="font-family:Times New Roman;font-size:10pt;">Apollo Global has completed the following acquisitions</font><font style="font-family:Times New Roman;font-size:10pt;">:</font></p><p style='margin-top:0pt; margin-bottom:0pt'> </p><p style='margin-top:0pt; margin-bottom:0pt'></p><ul><li style="margin-left:36px;list-style:disc;"><font style="font-family:Times New Roman;font-size:10pt;">BPP Holdings plc ("BPP") in the </font><font style="font-family:Times New Roman;font-size:10pt;">United Kingdom</font><font style="font-family:Times New Roman;font-size:10pt;">;</font></li><li style="margin-left:36px;list-style:disc;"><font style="font-family:Times New Roman;font-size:10pt;">Universidad de Artes, Ciencias y Comunicación ("UNIACC") in </font><font style="font-family:Times New Roman;font-size:10pt;">Chile</font><font style="font-family:Times New Roman;font-size:10pt;">;</font><font style="font-family:Times New Roman;font-size:10pt;"> and</font></li><li style="margin-left:36px;list-style:disc;"><font style="font-family:Times New Roman;font-size:10pt;">Universidad Latinoamericana ("ULA") in Mexico</font><font style="font-family:Times New Roman;font-size:10pt;">.</font></li></ul><p style='margin-top:0pt; margin-bottom:0pt'> </p><p style='margin-top:0pt; margin-bottom:0pt'><font style="font-family:Times New Roman;font-size:10pt;margin-left:0px;">We also operate online high school programs through our Insight Schools, Inc. ("Insight Schools") wholly-owned subsidiary.</font><font style="font-family:Times New Roman;font-size:10pt;"> In</font><font style="font-family:Times New Roman;font-size:10pt;"> the second quarter of </font><font style="font-family:Times New Roman;font-size:10pt;">fiscal year </font><font style="font-family:Times New Roman;font-size:10pt;">2010, we engaged an investment bank and proceeded with a formal</font><font style="font-family:Times New Roman;font-size:10pt;"> plan to </font><font style="font-family:Times New Roman;font-size:10pt;">sell</font><font style="font-family:Times New Roman;font-size:10pt;"> Insight Schools as we determined that the business is no longer consistent with our long-term strategic objectives.</font><font style="font-family:Times New Roman;font-size:10pt;"> </font><font style="font-family:Times New Roman;font-size:10pt;">Accordingly, we have presented</font><font style="font-family:Times New Roman;font-size:10pt;"> Insight Schools as held for sale</font><font style="font-family:Times New Roman;font-size:10pt;"> and as discontinued operations</font><font style="font-family:Times New Roman;font-size:10pt;">.</font><font style="font-family:Times New Roman;font-size:10pt;"> </font><font style="font-family:Times New Roman;font-size:10pt;">Refer to</font><font style="font-family:Times New Roman;font-size:10pt;"> Note</font><font style="font-family:Times New Roman;font-size:10pt;"> </font><font style="font-family:Times New Roman;font-size:10pt;">3</font><font style="font-family:Times New Roman;font-size:10pt;">, Discontinued Operations, for further discussion</font><font style="font-family:Times New Roman;font-size:10pt;">.</font></p><p style='margin-top:0pt; margin-bottom:0pt'> </p><p style='margin-top:0pt; margin-bottom:0pt'><font style="font-family:Times New Roman;font-size:10pt;margin-left:0px;">Our operations are generally subject to seasonal trends. </font><font style="font-family:Times New Roman;font-size:10pt;">We experience, and expect to continue to experience, fluctuations in our results of operations as a result of </font><font style="font-family:Times New Roman;font-size:10pt;">seasonal variations</font><font style="font-family:Times New Roman;font-size:10pt;"> in the level of student enrollments</font><font style="font-family:Times New Roman;font-size:10pt;"> and timing of certification exams</font><font style="font-family:Times New Roman;font-size:10pt;">. </font></p><p style='margin-top:0pt; margin-bottom:0pt'> </p><p style='margin-top:0pt; margin-bottom:0pt'></p><ul><li style="margin-left:36px;list-style:disc;"><font style="font-family:Times New Roman;font-size:10pt;font-style:italic;">University</font><font style="font-family:Times New Roman;font-size:10pt;font-style:italic;"> of </font><font style="font-family:Times New Roman;font-size:10pt;font-style:italic;">Phoenix</font><font style="font-family:Times New Roman;font-size:10pt;font-style:italic;"> </font><font style="font-family:Times New Roman;font-size:10pt;">–</font><font style="font-family:Times New Roman;font-size:10pt;"> </font><font style="font-family:Times New Roman;font-size:10pt;">University</font><font style="font-family:Times New Roman;font-size:10pt;"> of </font><font style="font-family:Times New Roman;font-size:10pt;">Phoenix</font><font style="font-family:Times New Roman;font-size:10pt;"> enroll</font><font style="font-family:Times New Roman;font-size:10pt;">s</font><font style="font-family:Times New Roman;font-size:10pt;"> students throughout the </font><font style="font-family:Times New Roman;font-size:10pt;">year, </font><font style="font-family:Times New Roman;font-size:10pt;">with its</font><font style="font-family:Times New Roman;font-size:10pt;"> net revenue generally lower in the second quarter (December through February) than the other quarters due to holiday breaks in December and January.</font></li></ul><p style='margin-top:0pt; margin-bottom:0pt'> </p><p style='margin-top:0pt; margin-bottom:0pt'></p><ul><li style="margin-left:36px;list-style:disc;"><font style="font-family:Times New Roman;font-size:10pt;font-style:italic;">BPP </font><font style="font-family:Times New Roman;font-size:10pt;">– BPP experiences significant seasonality associated with the timing of when </font><font style="font-family:Times New Roman;font-size:10pt;">its</font><font style="font-family:Times New Roman;font-size:10pt;"> courses begin and exam dates, which generally results in considerably lower net revenue in the second and to an even greater degree in the fourth quarters as compared to the other quarters.</font><font style="font-family:Times New Roman;font-size:10pt;"> In addition, as the cost structure of BPP is relatively fixed, BPP's </font><font style="font-family:Times New Roman;font-size:10pt;">profitability is</font><font style="font-family:Times New Roman;font-size:10pt;"> substantially lower in the second and fourth quarters.</font></li></ul><p style='margin-top:0pt; margin-bottom:0pt'> </p><p style='margin-top:0pt; margin-bottom:0pt'></p><ul><li style="margin-left:36px;list-style:disc;"><font style="font-family:Times New Roman;font-size:10pt;font-style:italic;">Other </font><font style="font-family:Times New Roman;font-size:10pt;font-style:italic;">s</font><font style="font-family:Times New Roman;font-size:10pt;font-style:italic;">ubsidiaries </font><font style="font-family:Times New Roman;font-size:10pt;">– Many </font><font style="font-family:Times New Roman;font-size:10pt;">of our other subsidiaries experience significant seasonality, as they have limited enrollment during their respective summer breaks and winter holidays.</font></li></ul>
<p style='margin-top:0pt; margin-bottom:0pt'><font style="font-family:Times New Roman;font-size:10pt;font-weight:bold;margin-left:0px;">Note </font><font style="font-family:Times New Roman;font-size:10pt;font-weight:bold;">2</font><font style="font-family:Times New Roman;font-size:10pt;font-weight:bold;">. </font><font style="font-family:Times New Roman;font-size:10pt;font-weight:bold;">Significant Accounting Policies</font></p><p style='margin-top:0pt; margin-bottom:0pt'> </p><p style='margin-top:0pt; margin-bottom:0pt'><font style="font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;margin-left:0px;">Basis of Presentation</font></p><p style='margin-top:0pt; margin-bottom:0pt'> </p><p style='margin-top:0pt; margin-bottom:0pt'><font style="font-family:Times New Roman;font-size:10pt;margin-left:0px;">The unaudited interim condensed consolidated financial statements include the accounts of Apollo Group, Inc.</font><font style="font-family:Times New Roman;font-size:10pt;">, its wholly-owned </font><font style="font-family:Times New Roman;font-size:10pt;">subsidiaries</font><font style="font-family:Times New Roman;font-size:10pt;">, and subsidiaries that we control</font><font style="font-family:Times New Roman;font-size:10pt;">. </font><font style="font-family:Times New Roman;font-size:10pt;">These unaudited interim condensed consolidated financial statements have been prepared pursuant to the rules and regulations of the U.S. Securities and Exchange Commission and, in the opinion of management, contain all adjustments necessary to fairly present the financial condition, results of operations and cash flows for the periods presented.</font></p><p style='margin-top:0pt; margin-bottom:0pt'> </p><p style='margin-top:0pt; margin-bottom:0pt'><font style="font-family:Times New Roman;font-size:10pt;margin-left:0px;">Certain information and note disclosures normally included in these unaudited interim condensed consolidated financial statements prepared in accordance with accounting principles generally accepted in the </font><font style="font-family:Times New Roman;font-size:10pt;">United States of America</font><font style="font-family:Times New Roman;font-size:10pt;"> ("GAAP") have been condensed or omitted pursuant to Securities and Exchange Commission rules. We believe that the disclosures made are adequate to make the information presented not misleading. We consistently applied the accounting policies described in Item 8, </font><font style="font-family:Times New Roman;font-size:10pt;font-style:italic;">Financial Statements and Supplementary Data,</font><font style="font-family:Times New Roman;font-size:10pt;"> in our </font><font style="font-family:Times New Roman;font-size:10pt;">2009</font><font style="font-family:Times New Roman;font-size:10pt;"> Annual Report on Form 10-K as filed with the Securities and Exchange Commission on October 2</font><font style="font-family:Times New Roman;font-size:10pt;">7</font><font style="font-family:Times New Roman;font-size:10pt;">, 200</font><font style="font-family:Times New Roman;font-size:10pt;">9</font><font style="font-family:Times New Roman;font-size:10pt;"> in preparing these unaudited interim condensed consolidated financial statements. For a discussion of our critical accounting policies, please refer to our </font><font style="font-family:Times New Roman;font-size:10pt;">2009</font><font style="font-family:Times New Roman;font-size:10pt;"> Annual Report on Form 10-K. These unaudited interim condensed consolidated financial statements and accompanying notes should be read in conjunction with Item 2, </font><font style="font-family:Times New Roman;font-size:10pt;font-style:italic;">Management's Discussion and Analysis of Financial Condition and Results of Operations</font><font style="font-family:Times New Roman;font-size:10pt;">, included in this filing and the audited consolidated financial statements and notes thereto contained in our </font><font style="font-family:Times New Roman;font-size:10pt;">2009</font><font style="font-family:Times New Roman;font-size:10pt;"> Annual Report on Form 10-K.</font></p><p style='margin-top:0pt; margin-bottom:0pt'> </p><p style='margin-top:0pt; margin-bottom:0pt'><font style="font-family:Times New Roman;font-size:10pt;margin-left:0px;">Our fiscal year is from September 1 to August 31. </font><font style="font-family:Times New Roman;font-size:10pt;">Unless otherwise noted, references to particular years or quarters refer to our fiscal years and the associated quarters of those fiscal years.</font></p><p style='margin-top:0pt; margin-bottom:0pt'> </p><p style='margin-top:0pt; margin-bottom:0pt'><font style="font-family:Times New Roman;font-size:10pt;margin-left:0px;">Because of the seasonal nature of our business, the results of operations for the </font><font style="font-family:Times New Roman;font-size:10pt;">three and six months ended</font><font style="font-family:Times New Roman;font-size:10pt;"> </font><font style="font-family:Times New Roman;font-size:10pt;">February 28, 2010</font><font style="font-family:Times New Roman;font-size:10pt;"> are not necessarily indicative of results to be expected for the entire fiscal year.</font></p><p style='margin-top:0pt; margin-bottom:0pt'> </p><p style='margin-top:0pt; margin-bottom:0pt'><font style="font-family:Times New Roman;font-size:10pt;margin-left:0px;">The preparation of financial statements in accordance with GAAP requires management to make certain estimates and assumptions that affect the reported amount of assets and liabilities and the disclosure of contingent assets and liabilities at the date of the financial statements and the reported amount of revenues and expenses during the reporting period. Actual results could differ from these estimates.</font></p><p style='margin-top:0pt; margin-bottom:0pt'> </p><p style='margin-top:0pt; margin-bottom:0pt'><font style="font-family:Times New Roman;font-size:10pt;margin-left:0px;">Assets and liabilities expected to be sold or disposed of are presented separately in our Condensed Consolidated Balance Sheets as assets or liabilities held for sale. If we determine we will not have continued significant involvement with components that are classified as held for sale, the results of operations of the</font><font style="font-family:Times New Roman;font-size:10pt;">se</font><font style="font-family:Times New Roman;font-size:10pt;"> componen</font><font style="font-family:Times New Roman;font-size:10pt;">ts are presented separately as i</font><font style="font-family:Times New Roman;font-size:10pt;">ncome (loss) from discontinued operations, net of tax</font><font style="font-family:Times New Roman;font-size:10pt;">,</font><font style="font-family:Times New Roman;font-size:10pt;"> in the current and prior periods. </font><font style="font-family:Times New Roman;font-size:10pt;">Refer to</font><font style="font-family:Times New Roman;font-size:10pt;"> Note</font><font style="font-family:Times New Roman;font-size:10pt;"> </font><font style="font-family:Times New Roman;font-size:10pt;">3</font><font style="font-family:Times New Roman;font-size:10pt;">, Discontinued Operations, for further discussion</font><font style="font-family:Times New Roman;font-size:10pt;">.</font></p><p style='margin-top:0pt; margin-bottom:0pt'> </p><p style='margin-top:0pt; margin-bottom:0pt'><font style="font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;margin-left:0px;">Recent Accounting Pronouncements</font></p><p style='margin-top:0pt; margin-bottom:0pt'> </p><p style='margin-top:0pt; margin-bottom:0pt'><font style="font-family:Times New Roman;font-size:10pt;font-style:italic;margin-left:0px;">Pronouncements Adopted</font></p><p style='margin-top:0pt; margin-bottom:0pt'> </p><p style='margin-top:0pt; margin-bottom:0pt'><font style="font-family:Times New Roman;font-size:10pt;margin-left:0px;">In September 2006, the </font><font style="font-family:Times New Roman;font-size:10pt;">Financial Accounting Standards Board ("FASB")</font><font style="font-family:Times New Roman;font-size:10pt;"> issued </font><font style="font-family:Times New Roman;font-size:10pt;">Statement of Financial Accounting Standards ("</font><font style="font-family:Times New Roman;font-size:10pt;">SFAS</font><font style="font-family:Times New Roman;font-size:10pt;">")</font><font style="font-family:Times New Roman;font-size:10pt;"> No. 157, "Fair Value Measurements" ("SFAS 157") (codified in ASC 820, "Fair Value Measurements and Disclosures"), which provides enhanced guidance for using fair value to measure assets and liabilities. On September 1, 2008, we partially adopted the provisions in SFAS 157 for fair valuing financial assets and liabilities and non-financial assets and liabilities that are recognized or disclosed at fair value on a recurring basis. The partial adoption of SFAS 157 did not have a material impact on our financial condition and results of operations. Effective September 1, 2009, we completed our full adoption of the provisions of SFAS 157 with respect to fair valuing non-financial assets and liabilities not measured on a recurring basis, and the adoption did not have a material impact on our financial condition, results of operations, and disclosures. </font></p><p style='margin-top:0pt; margin-bottom:0pt'> </p><p style='margin-top:0pt; margin-bottom:0pt'><font style="font-family:Times New Roman;font-size:10pt;margin-left:0px;">In December 2007, the FASB issued SFAS No. 141 (revised 2007), "Business Combinations" ("SFAS 141(R)") (codified in ASC 805, "Business Combinations"), which is a revision of SFAS 141, "Business Combinations" ("SFAS 141"). The primary requirements of SFAS 141(R) are as follows:</font></p><p style='margin-top:0pt; margin-bottom:0pt'> </p><p style='margin-top:0pt; margin-bottom:0pt'></p><ul><li style="margin-left:36px;list-style:disc;"><font style="font-family:Times New Roman;font-size:10pt;">upon initially obtaining control, the acquiring entity in a business combination recognizes 100% of the fair values of the acquired assets, including goodwill, and assumed liabilities, with only limited exceptions even if the acquirer has not acquired 100% of its target—as a consequence, the current step acquisition model has been eliminated;</font></li><li style="margin-left:36px;list-style:disc;"><font style="font-family:Times New Roman;font-size:10pt;">contingent consideration arrangements are fair valued at the acquisition date and included in the purchase price consideration—the concept of recognizing contingent consideration at a later date when the amount of that consideration is determinable beyond a reasonable doubt, is no longer applicable; </font></li><li style="margin-left:36px;list-style:disc;"><font style="font-family:Times New Roman;font-size:10pt;">for prior business combinations, adjustments for recognized changes in acquired tax uncertainties are recognized in accordance with the provisions of FASB Interpretation No. 48, "Accounting for Uncertainty in Income Taxes – An Interpretation of FASB No. 109" (codified in ASC 740, "Income Taxes"), and adjustments for recognized changes in the valuation allowance for acquired deferred tax assets are recognized in income tax expense in accordance with the provisions of SFAS No. 109, "Accounting for Income Taxes" (codified in ASC 740, "Income Taxes"); and </font></li><li style="margin-left:36px;list-style:disc;"><font style="font-family:Times New Roman;font-size:10pt;">all transaction costs must be expensed as incurred. </font></li></ul><p style='margin-top:0pt; margin-bottom:0pt'> </p><p style='margin-top:0pt; margin-bottom:0pt'><font style="font-family:Times New Roman;font-size:10pt;margin-left:0px;">In April 2009, the FASB issued FSP No. FAS 141(R)-1, "Accounting for Assets Acquired and Liabilities Assumed in a Business Combination That Arise from Contingencies" ("FSP FAS 141(R)-1") (codified in ASC 805). FSP FAS 141(R)-1 amends and clarifies SFAS 141(R) to address application issues raised about the initial recognition and measurement, subsequent measurement and accounting, and disclosure of assets and liabilities arising from contingencies in a business combination. SFAS 141(R) and FSP FAS 141(R)-1 apply prospectively to business combinations for which the acquisition date is on or after the beginning of the first annual reporting period beginning on or after December 15, 2008. We adopted SFAS 141(R) and FSP FAS 141(R)-1 on September 1, 2009. The adoption of SFAS 141(R) and FSP FAS 141(R)-1 did not have a material impact on our financial condition, results of operations, and disclosures. Deferred acquisition costs as of the adoption of SFAS 141(R) were not significant and were expensed as of August 31, 2009.</font></p><p style='margin-top:0pt; margin-bottom:0pt'> </p><p style='margin-top:0pt; margin-bottom:0pt'><font style="font-family:Times New Roman;font-size:10pt;margin-left:0px;">In December 2007, the FASB issued SFAS No. 160, "Non-controlling Interests in Consolidated Financial Statements — An Amendment of ARB No. 51" ("SFAS 160") (codified in ASC 810, "Consolidation"). SFAS 160 establishes new accounting and reporting standards for the non-controlling interest in a subsidiary and for the deconsolidation of a subsidiary. SFAS 160 requires non-controlling interests to be treated as a separate component of equity and any changes in the parent's ownership interest (in which control is retained) are accounted for as equity transactions. However, a change in ownership of a consolidated subsidiary that results in deconsolidation triggers gain or loss recognition, with the establishment of a new fair value basis in any remaining non-controlling ownership interests. SFAS 160 also establishes disclosure requirements that clearly identify and distinguish between the interests of the parent and the non-controlling interests. SFAS 160 is effective for fiscal years beginning on or after December 15, 2008 and the provisions are prospective upon adoption, except for the presentation and disclosure requirements, which must be applied retrospectively for all periods presented. Accordingly, we adopted SFAS 160 on September 1, 2009 and retrospectively adjusted the following statements:</font></p><p style='margin-top:0pt; margin-bottom:0pt'> </p><p style='margin-top:0pt; margin-bottom:0pt'></p><ul><li style="margin-left:36px;list-style:disc;"><font style="font-family:Times New Roman;font-size:10pt;">Condensed Consolidated Balance Sheets as of August 31, 2009;</font></li><li style="margin-left:36px;list-style:disc;"><font style="font-family:Times New Roman;font-size:10pt;">Condensed Consolidated Statements of Income for the three and six months ended February 28, 2009;</font></li><li style="margin-left:36px;list-style:disc;"><font style="font-family:Times New Roman;font-size:10pt;">Condensed Consolidated Statements of Comprehensive Income for the three and six months ended February 28, 2009; and</font></li><li style="margin-left:36px;list-style:disc;"><font style="font-family:Times New Roman;font-size:10pt;">Condensed Consoli</font><font style="font-family:Times New Roman;font-size:10pt;">dated Statements of Cash Flows f</font><font style="font-family:Times New Roman;font-size:10pt;">rom Continuing and Disco</font><font style="font-family:Times New Roman;font-size:10pt;">ntinued Operations for the</font><font style="font-family:Times New Roman;font-size:10pt;"> six months ended February 28, 2009.</font></li></ul><p style='margin-top:0pt; margin-bottom:0pt'> </p><p style='margin-top:0pt; margin-bottom:0pt'><font style="font-family:Times New Roman;font-size:10pt;margin-left:0px;">Refer to Note </font><font style="font-family:Times New Roman;font-size:10pt;">12</font><font style="font-family:Times New Roman;font-size:10pt;">, Shareholders' Equity, for additional disclosure related to our adoption of the provisions of SFAS 160.</font></p><p style='margin-top:0pt; margin-bottom:0pt'> </p><p style='margin-top:0pt; margin-bottom:0pt'><font style="font-family:Times New Roman;font-size:10pt;font-style:italic;margin-left:0px;">Pronouncements Not Yet Adopted</font></p><p style='margin-top:0pt; margin-bottom:0pt'> </p><p style='margin-top:0pt; margin-bottom:0pt'><font style="font-family:Times New Roman;font-size:10pt;margin-left:0px;">In June 2009, the FASB issued SFAS No. 167, "Amendments to FASB Interpretation No. 46(R)" ("SFAS 167") (codified in ASC 810), which modifies how a company determines when an entity that is insufficiently capitalized or is not controlled through voting (or similar rights) should be consolidated. SFAS 167 clarifies that the determination of whether a company is required to consolidate an entity is based on, among other things, an entity's purpose and design and a company's ability to direct the activities of the entity that most significantly impact the entity's economic performance. SFAS 167 requires an ongoing reassessment of whether a company is the primary beneficiary of a variable interest entity. SFAS 167 also requires additional disclosures about a company's involvement in variable interest entities and any significant changes in risk exposure due to that involvement. SFAS 167 is effective for fiscal years beginning after November 15, 2009 and is effective for us on September 1, 2010. We are currently evaluating the impact that the adoption of SFAS 167 will have on our financial condition, results of operations, and disclosures.</font></p><p style='margin-top:0pt; margin-bottom:0pt'> </p><p style='margin-top:0pt; margin-bottom:0pt'><font style="font-family:Times New Roman;font-size:10pt;margin-left:0px;">In October 2009, the FASB issued Accounting Standards Update ("ASU") No. 2009-13, "Revenue Recognition (Topic 605): Multiple-Deliverable Revenue Arrangements—a consensus of the FASB Emerging Issues Task Force" ("ASU 2009-13"), which provides guidance on whether multiple deliverables </font><font style="font-family:Times New Roman;font-size:10pt;">exist, how the arrangement should be separated, and the consideration allocated. ASU 2009-13 requires an entity to allocate revenue in an arrangement using estimated selling prices of deliverables if a vendor does not have vendor-specific objective evidence or third-party evidence of selling price. ASU 2009-13 is effective for the first annual reporting period beginning on or after June 15, 2010 and may be applied retrospectively for all periods presented or prospectively to arrangements entered into or materially modified after the adoption date. Early adoption is permitted provided that the revised guidance is retroactively applied to the beginning of the year of adoption. ASU 2009-13 is effective for us on September 1, 2010. </font><font style="font-family:Times New Roman;font-size:10pt;">We are currently evaluating the impact that the adoption of ASU 2009-13 will have on our financial condition, results of operations, and disclosures</font><font style="font-family:Times New Roman;font-size:10pt;">.</font></p><p style='margin-top:0pt; margin-bottom:0pt'> </p><p style='margin-top:0pt; margin-bottom:0pt'><font style="font-family:Times New Roman;font-size:10pt;margin-left:0px;">In January 2010, the FASB issued ASU No. 2010-06, "Fair Value Measurements and Disclosures (Topic 820): Improving Disclosures about Fair Value Measurements" ("ASU 2010-06"). ASU 2010-06 amends ASC 820 to add new disclosure requirements for significant transfers in and out of Level 1 and 2 measurements and to provide a gross presentation of the activities within the Level 3 rollforward. ASU 2010-06 also clarifies existing fair value disclosures about the level of disaggregation and about inputs and valuation techniques used to measure fair value. The disclosure requirements in ASU 2010-06 are effective for interim and annual reporting periods beginning after December 15, 2009, and are effective for us on March 1, 2010, except for the requirement to present the Level 3 rollforward on a gross basis, which is effective for fiscal years beginning after December 15, 2010, and is effective for us on September 1, 2011. We do not believe that the partial adoption of ASU 2010-06 on March 1, 2010 will have a material impact on our fair value measurement disclosures</font><font style="font-family:Times New Roman;font-size:10pt;">. W</font><font style="font-family:Times New Roman;font-size:10pt;">e are currently evaluating the impact that the full adoption of ASU 2010-06, with respect to the Level 3 rollforward, will have on our fair value measurement disclosures.</font></p>
<p style='margin-top:0pt; margin-bottom:0pt'><font style="font-family:Times New Roman;font-size:10pt;font-weight:bold;margin-left:0px;">Note 3. Discontinued Operations</font></p><p style='margin-top:0pt; margin-bottom:0pt'> </p><p style='margin-top:0pt; margin-bottom:0pt'><font style="font-family:Times New Roman;font-size:10pt;margin-left:0px;">In</font><font style="font-family:Times New Roman;font-size:10pt;"> the second quarter</font><font style="font-family:Times New Roman;font-size:10pt;"> of fiscal year</font><font style="font-family:Times New Roman;font-size:10pt;"> 2010, we </font><font style="font-family:Times New Roman;font-size:10pt;">initiated a formal plan to sell Insight Schools and </font><font style="font-family:Times New Roman;font-size:10pt;">engaged an investment bank</font><font style="font-family:Times New Roman;font-size:10pt;"> as we determined that the business is no longer consistent with our long-term strategic objectives. We </font><font style="font-family:Times New Roman;font-size:10pt;">also began the process of</font><font style="font-family:Times New Roman;font-size:10pt;"> actively marketing the sale of Insight Schools and </font><font style="font-family:Times New Roman;font-size:10pt;">based on the estimated timeframe in our current plan of sale, we believe the sale is probable within the next year</font><font style="font-family:Times New Roman;font-size:10pt;">. </font><font style="font-family:Times New Roman;font-size:10pt;">We do not expect to have significant continuing involvement with Insight Schools after it is sold. </font><font style="font-family:Times;font-size:10pt;">Based on these factors, we concluded that we meet the criteria for presenting Insight Schools as held for sale and as discontinued operations.</font><font style="font-family:Times;font-size:10pt;"> </font><font style="font-family:Times;font-size:10pt;">Accordingly, </font><font style="font-family:Times New Roman;font-size:10pt;">Insight Schools' assets and liabilities are classified as held for sale</font><font style="font-family:Times New Roman;font-size:10pt;"> </font><font style="font-family:Times New Roman;font-size:10pt;">in our </font><font style="font-family:Times New Roman;font-size:10pt;">Condensed Consolidated Balance Sheets as of </font><font style="font-family:Times New Roman;font-size:10pt;">February 28, 2010 and Insight Schools' operating results are presented as discontinued operations in our </font><font style="font-family:Times New Roman;font-size:10pt;">Condensed </font><font style="font-family:Times New Roman;font-size:10pt;">Consolidated Statements of Income for all periods presented. </font><font style="font-family:Times New Roman;font-size:10pt;">Cash flows from discontinued operations were not material and are included with cash flows from continuing operations in our Condensed Consolidated Statements of Cash Flows from Continuing and Discontinued Operations. </font><font style="font-family:Times New Roman;font-size:10pt;">Insight Schools was previously presented as its own reportable segment.</font><font style="font-family:Times New Roman;font-size:10pt;"> </font></p><p style='margin-top:0pt; margin-bottom:0pt'> </p><p style='margin-top:0pt; margin-bottom:0pt'><font style="font-family:Times New Roman;font-size:10pt;margin-left:0px;">Subsequent to February 28, 2010, we obtained exit price information from </font><font style="font-family:Times New Roman;font-size:10pt;">advisors and </font><font style="font-family:Times New Roman;font-size:10pt;">interested parties specific to the sale of Insight Schools. To determine the fair value of Insight Schools, we </font><font style="font-family:Times New Roman;font-size:10pt;">considered this</font><font style="font-family:Times New Roman;font-size:10pt;"> information </font><font style="font-family:Times New Roman;font-size:10pt;">in revising our estimate of fair value </font><font style="font-family:Times New Roman;font-size:10pt;">as a result of our intent to sell Insight Schools</font><font style="font-family:Times New Roman;font-size:10pt;">. Historically, our fair value analysis used a combination of the discounted cash flow and market-based approaches by applying a 75%/25% weighting factor to these respective valuation methods. </font><font style="font-family:Times New Roman;font-size:10pt;">The non-binding offers recently received for Insight Schools are</font><font style="font-family:Times New Roman;font-size:10pt;"> significantly lower than </font><font style="font-family:Times New Roman;font-size:10pt;">the estimated </font><font style="font-family:Times New Roman;font-size:10pt;">fair value</font><font style="font-family:Times New Roman;font-size:10pt;"> derived from our prior valuation methods. Rather, </font><font style="font-family:Times New Roman;font-size:10pt;">the non-binding offers recently received for Insight Schools are</font><font style="font-family:Times New Roman;font-size:10pt;"> based on Insight Schools' recent operating performance, which has generated and is expected to continue to generate operating losses in the near term. Refer to Note 6, Goodwill and Intangible Assets, and Note 7, Fair Value Measurements, for further discussion.</font></p><p style='margin-top:0pt; margin-bottom:0pt'> </p><p style='margin-top:0pt; margin-bottom:0pt'><font style="font-family:Times New Roman;font-size:10pt;margin-left:0px;">We are required to present Insight Schools' assets and liabilities held for sale at the lower of the carrying amount or fair value, less cost to sell. Accordingly, we evaluated Insight Schools' respective assets held for sale, including goodwill and other long-lived assets for impairment. Our goodwill impairment analysis results indicated that the carrying value of the Insight Schools' report</font><font style="font-family:Times New Roman;font-size:10pt;">ing unit of approximately $28.4</font><font style="font-family:Times New Roman;font-size:10pt;"> million exceeded the estimated f</font><font style="font-family:Times New Roman;font-size:10pt;">air value </font><font style="font-family:Times New Roman;font-size:10pt;">less cost to sell </font><font style="font-family:Times New Roman;font-size:10pt;">of approximately $19.0</font><font style="font-family:Times New Roman;font-size:10pt;"> million and resulted in recognizing a g</font><font style="font-family:Times New Roman;font-size:10pt;">oodwill impairment charge of $9.4</font><font style="font-family:Times New Roman;font-size:10pt;"> million. </font><font style="font-family:Times New Roman;font-size:10pt;">Th</font><font style="font-family:Times New Roman;font-size:10pt;">i</font><font style="font-family:Times New Roman;font-size:10pt;">s </font><font style="font-family:Times New Roman;font-size:10pt;">charge </font><font style="font-family:Times New Roman;font-size:10pt;">recorded </font><font style="font-family:Times New Roman;font-size:10pt;">in the second quarter of fiscal year 2010 </font><font style="font-family:Times New Roman;font-size:10pt;">is</font><font style="font-family:Times New Roman;font-size:10pt;"> </font><font style="font-family:Times New Roman;font-size:10pt;">reflected as a component of loss from discontinued operations </font><font style="font-family:Times New Roman;font-size:10pt;">for the three and six months ended February 28, 2010</font><font style="font-family:Times New Roman;font-size:10pt;">,</font><font style="font-family:Times New Roman;font-size:10pt;"> as presented below</font><font style="font-family:Times New Roman;font-size:10pt;">.</font></p><p style='margin-top:0pt; margin-bottom:0pt'> </p><p style='margin-top:0pt; margin-bottom:0pt'><font style="font-family:Times New Roman;font-size:10pt;margin-left:0px;">The major components of assets and liabilities of Insight Schools</font><font style="font-family:Times New Roman;font-size:10pt;">'</font><font style="font-family:Times New Roman;font-size:10pt;"> presented separately in the Condensed Consolidated Balance Sheets as held for sale</font><font style="font-family:Times New Roman;font-size:10pt;"> </font><font style="font-family:Times New Roman;font-size:10pt;">as of February 28, 2010 are outlined below. For comparability purposes, we have </font><font style="font-family:Times New Roman;font-size:10pt;">also </font><font style="font-family:Times New Roman;font-size:10pt;">presented</font><font style="font-family:Times New Roman;font-size:10pt;"> below</font><font style="font-family:Times New Roman;font-size:10pt;"> Insight Schools' assets and liabilities as of August 31, 2009</font><font style="font-family:Times New Roman;font-size:10pt;">, which are included in the respective financial statement line items</font><font style="font-family:Times New Roman;font-size:10pt;">.</font><font style="font-family:Times New Roman;font-size:10pt;"> </font></p><p style='margin-top: 0pt; margin-bottom: 0pt;'></p><div><table style="border-collapse:collapse;margin-top:20px;"><tr style="height: 34px"><td style="width: 487px; text-align:left;border-color:#000000;min-width:487px;"><font style="FONT-STYLE: italic;FONT-FAMILY: Times New Roman;FONT-SIZE: 8pt;COLOR: #000000;">($ in thousands)</font></td><td style="width: 13px; text-align:left;border-color:#000000;min-width:13px;"> </td><td style="width: 13px; border-bottom-style:solid;border-bottom-width:1px;text-align:left;border-color:#000000;min-width:13px;"> </td><td style="width: 90px; border-bottom-style:solid;border-bottom-width:1px;text-align:center;border-color:#000000;min-width:90px;"><font style="FONT-WEIGHT: bold;FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: center;">February 28, 2010</font></td><td style="width: 11px; text-align:left;border-color:#000000;min-width:11px;"> </td><td style="width: 11px; border-bottom-style:solid;border-bottom-width:1px;text-align:left;border-color:#000000;min-width:11px;"> </td><td style="width: 90px; border-bottom-style:solid;border-bottom-width:1px;text-align:center;border-color:#000000;min-width:90px;"><font style="FONT-WEIGHT: bold;FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: center;">August 31, 2009</font></td></tr><tr style="height: 17px"><td style="width: 487px; text-align:left;border-color:#000000;min-width:487px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;">Accounts receivable, net</font></td><td style="width: 13px; text-align:left;border-color:#000000;min-width:13px;"> </td><td style="width: 13px; text-align:right;border-color:#000000;min-width:13px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: right;">$</font></td><td style="width: 90px; text-align:right;border-color:#000000;min-width:90px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;"> 11,281</font></td><td style="width: 11px; text-align:left;border-color:#000000;min-width:11px;"> </td><td style="width: 11px; text-align:left;border-color:#000000;min-width:11px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;">$</font></td><td style="width: 90px; text-align:right;border-color:#000000;min-width:90px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;"> 6,564</font></td></tr><tr style="height: 17px"><td style="width: 487px; text-align:left;border-color:#000000;min-width:487px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;">Property and equipment, net</font></td><td style="width: 13px; text-align:left;border-color:#000000;min-width:13px;"> </td><td style="width: 13px; text-align:left;border-color:#000000;min-width:13px;"> </td><td style="width: 90px; text-align:right;border-color:#000000;min-width:90px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;"> 6,881</font></td><td style="width: 11px; text-align:left;border-color:#000000;min-width:11px;"> </td><td style="width: 11px; text-align:left;border-color:#000000;min-width:11px;"> </td><td style="width: 90px; text-align:right;border-color:#000000;min-width:90px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;"> 5,721</font></td></tr><tr style="height: 17px"><td style="width: 487px; text-align:left;border-color:#000000;min-width:487px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;">Goodwill</font></td><td style="width: 13px; text-align:left;border-color:#000000;min-width:13px;"> </td><td style="width: 13px; text-align:left;border-color:#000000;min-width:13px;"> </td><td style="width: 90px; text-align:right;border-color:#000000;min-width:90px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;"> 3,342</font></td><td style="width: 11px; text-align:left;border-color:#000000;min-width:11px;"> </td><td style="width: 11px; text-align:left;border-color:#000000;min-width:11px;"> </td><td style="width: 90px; text-align:right;border-color:#000000;min-width:90px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;"> 12,742</font></td></tr><tr style="height: 17px"><td style="width: 487px; text-align:left;border-color:#000000;min-width:487px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;">Other</font></td><td style="width: 13px; text-align:left;border-color:#000000;min-width:13px;"> </td><td style="width: 13px; text-align:left;border-color:#000000;min-width:13px;"> </td><td style="width: 90px; text-align:right;border-color:#000000;min-width:90px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;"> 3,246</font></td><td style="width: 11px; text-align:left;border-color:#000000;min-width:11px;"> </td><td style="width: 11px; text-align:left;border-color:#000000;min-width:11px;"> </td><td style="width: 90px; text-align:right;border-color:#000000;min-width:90px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;"> 1,563</font></td></tr><tr style="height: 18px"><td style="width: 487px; text-align:left;border-color:#000000;min-width:487px;"><font style="FONT-WEIGHT: bold;FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;"> Total Insight Schools assets</font></td><td style="width: 13px; text-align:left;border-color:#000000;min-width:13px;"> </td><td style="width: 13px; border-top-style:solid;border-top-width:1px;border-bottom-style:double;border-bottom-width:3px;text-align:right;border-color:#000000;min-width:13px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: right;">$</font></td><td style="width: 90px; border-top-style:solid;border-top-width:1px;border-bottom-style:double;border-bottom-width:3px;text-align:right;border-color:#000000;min-width:90px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;"> 24,750</font></td><td style="width: 11px; text-align:left;border-color:#000000;min-width:11px;"> </td><td style="width: 11px; border-top-style:solid;border-top-width:1px;border-bottom-style:double;border-bottom-width:3px;text-align:left;border-color:#000000;min-width:11px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;">$</font></td><td style="width: 90px; border-top-style:solid;border-top-width:1px;border-bottom-style:double;border-bottom-width:3px;text-align:right;border-color:#000000;min-width:90px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;"> 26,590</font></td></tr><tr style="height: 10px"><td style="width: 487px; text-align:left;border-color:#000000;min-width:487px;"> </td><td style="width: 13px; text-align:left;border-color:#000000;min-width:13px;"> </td><td style="width: 13px; text-align:left;border-color:#000000;min-width:13px;"> </td><td style="width: 90px; text-align:left;border-color:#000000;min-width:90px;"> </td><td style="width: 11px; text-align:left;border-color:#000000;min-width:11px;"> </td><td style="width: 11px; text-align:left;border-color:#000000;min-width:11px;"> </td><td style="width: 90px; text-align:left;border-color:#000000;min-width:90px;"> </td></tr><tr style="height: 18px"><td style="width: 487px; text-align:left;border-color:#000000;min-width:487px;"><font style="FONT-WEIGHT: bold;FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;"> Total Insight Schools liabilities</font></td><td style="width: 13px; text-align:left;border-color:#000000;min-width:13px;"> </td><td style="width: 13px; border-bottom-style:double;border-bottom-width:3px;text-align:right;border-color:#000000;min-width:13px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: right;">$</font></td><td style="width: 90px; border-bottom-style:double;border-bottom-width:3px;text-align:right;border-color:#000000;min-width:90px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;"> 5,734</font></td><td style="width: 11px; text-align:left;border-color:#000000;min-width:11px;"> </td><td style="width: 11px; border-bottom-style:double;border-bottom-width:3px;text-align:left;border-color:#000000;min-width:11px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;">$</font></td><td style="width: 90px; border-bottom-style:double;border-bottom-width:3px;text-align:right;border-color:#000000;min-width:90px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;"> 3,066</font></td></tr></table></div><p style='margin-top: 0pt; margin-bottom: 0pt;'></p><p style='margin-top:12pt; margin-bottom:0pt'><font style="font-family:Times New Roman;font-size:10pt;margin-left:0px;">The following table summarizes</font><font style="font-family:Times New Roman;font-size:10pt;"> Insight Schools</font><font style="font-family:Times New Roman;font-size:10pt;">'</font><font style="font-family:Times New Roman;font-size:10pt;"> operating results for the three and six months ended February 28, 2010 and 2009, which are presented in loss from discontinued operations, net of tax in our Condensed Consolidated Statements of Income:</font></p><p style='margin-top: 0pt; margin-bottom: 0pt;'></p><div><table style="border-collapse:collapse;margin-top:20px;"><tr style="height: 17px"><td style="width: 349px; text-align:left;border-color:#000000;min-width:349px;"> <font style="font-size: 7pt;"><sup></sup></font></td><td colspan="5" style="width: 189px; border-bottom-style:solid;border-bottom-width:1px;text-align:center;border-color:#000000;min-width:189px;"><font style="FONT-WEIGHT: bold;FONT-FAMILY: Times New Roman;FONT-SIZE: 9pt;COLOR: #000000;TEXT-ALIGN: center;">Three Months Ended February 28,</font></td><td style="width: 8px; text-align:left;border-color:#000000;min-width:8px;"> </td><td colspan="5" style="width: 171px; border-bottom-style:solid;border-bottom-width:1px;text-align:center;border-color:#000000;min-width:171px;"><font style="FONT-WEIGHT: bold;FONT-FAMILY: Times New Roman;FONT-SIZE: 9pt;COLOR: #000000;TEXT-ALIGN: center;">Six Months Ended February 28,</font></td></tr><tr style="height: 17px"><td style="width: 349px; text-align:left;border-color:#000000;min-width:349px;"> <font style="font-size: 7pt;"><sup></sup></font></td><td colspan="2" style="width: 87px; border-top-style:solid;border-top-width:1px;border-bottom-style:solid;border-bottom-width:1px;text-align:center;border-color:#000000;min-width:87px;"><font style="FONT-WEIGHT: bold;FONT-FAMILY: Times New Roman;FONT-SIZE: 9pt;COLOR: #000000;TEXT-ALIGN: center;">2010</font></td><td style="width: 13px; text-align:left;border-color:#000000;min-width:13px;"> </td><td colspan="2" style="width: 89px; border-top-style:solid;border-top-width:1px;border-bottom-style:solid;border-bottom-width:1px;text-align:center;border-color:#000000;min-width:89px;"><font style="FONT-WEIGHT: bold;FONT-FAMILY: Times New Roman;FONT-SIZE: 9pt;COLOR: #000000;TEXT-ALIGN: center;">2009</font></td><td style="width: 8px; text-align:left;border-color:#000000;min-width:8px;"> </td><td colspan="2" style="width: 79px; border-top-style:solid;border-top-width:1px;border-bottom-style:solid;border-bottom-width:1px;text-align:center;border-color:#000000;min-width:79px;"><font style="FONT-WEIGHT: bold;FONT-FAMILY: Times New Roman;FONT-SIZE: 9pt;COLOR: #000000;TEXT-ALIGN: center;">2010</font></td><td style="width: 13px; text-align:left;border-color:#000000;min-width:13px;"> </td><td colspan="2" style="width: 79px; border-top-style:solid;border-top-width:1px;border-bottom-style:solid;border-bottom-width:1px;text-align:center;border-color:#000000;min-width:79px;"><font style="FONT-WEIGHT: bold;FONT-FAMILY: Times New Roman;FONT-SIZE: 9pt;COLOR: #000000;TEXT-ALIGN: center;">2009</font></td></tr><tr style="height: 17px"><td style="width: 349px; text-align:left;border-color:#000000;min-width:349px;"><font style="FONT-STYLE: italic;FONT-FAMILY: Times New Roman;FONT-SIZE: 8pt;COLOR: #000000;">($ in thousands)</font><font style="font-size: 7pt;"><sup></sup></font></td><td style="width: 13px; text-align:center;border-color:#000000;min-width:13px;"> </td><td style="width: 74px; text-align:center;border-color:#000000;min-width:74px;"> </td><td style="width: 13px; text-align:left;border-color:#000000;min-width:13px;"> </td><td style="width: 13px; text-align:center;border-color:#000000;min-width:13px;"> </td><td style="width: 76px; text-align:center;border-color:#000000;min-width:76px;"> </td><td style="width: 8px; text-align:left;border-color:#000000;min-width:8px;"> </td><td style="width: 13px; text-align:center;border-color:#000000;min-width:13px;"> </td><td style="width: 66px; text-align:center;border-color:#000000;min-width:66px;"> </td><td style="width: 13px; text-align:left;border-color:#000000;min-width:13px;"> </td><td style="width: 13px; text-align:center;border-color:#000000;min-width:13px;"> </td><td style="width: 66px; text-align:center;border-color:#000000;min-width:66px;"> </td></tr><tr style="height: 17px"><td style="width: 349px; text-align:left;border-color:#000000;min-width:349px;"><font style="FONT-WEIGHT: bold;FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;">Net revenue</font><font style="font-size: 7pt;"><sup></sup></font></td><td style="width: 13px; border-bottom-style:solid;border-bottom-width:1px;text-align:right;border-color:#000000;min-width:13px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: right;">$</font></td><td style="width: 74px; border-bottom-style:solid;border-bottom-width:1px;text-align:right;border-color:#000000;min-width:74px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;"> 9,031</font></td><td style="width: 13px; text-align:left;border-color:#000000;min-width:13px;"> </td><td style="width: 13px; border-bottom-style:solid;border-bottom-width:1px;text-align:right;border-color:#000000;min-width:13px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: right;">$</font></td><td style="width: 76px; border-bottom-style:solid;border-bottom-width:1px;text-align:right;border-color:#000000;min-width:76px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;"> 6,586</font></td><td style="width: 8px; text-align:left;border-color:#000000;min-width:8px;"> </td><td style="width: 13px; border-bottom-style:solid;border-bottom-width:1px;text-align:right;border-color:#000000;min-width:13px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: right;">$</font></td><td style="width: 66px; border-bottom-style:solid;border-bottom-width:1px;text-align:right;border-color:#000000;min-width:66px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;"> 20,673</font></td><td style="width: 13px; text-align:left;border-color:#000000;min-width:13px;"> </td><td style="width: 13px; border-bottom-style:solid;border-bottom-width:1px;text-align:right;border-color:#000000;min-width:13px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: right;">$</font></td><td style="width: 66px; border-bottom-style:solid;border-bottom-width:1px;text-align:right;border-color:#000000;min-width:66px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;"> 14,271</font></td></tr><tr style="height: 17px"><td style="width: 349px; text-align:left;border-color:#000000;min-width:349px;"> <font style="font-size: 7pt;"><sup></sup></font></td><td style="width: 13px; text-align:right;border-color:#000000;min-width:13px;"> </td><td style="width: 74px; text-align:left;border-color:#000000;min-width:74px;"> </td><td style="width: 13px; text-align:left;border-color:#000000;min-width:13px;"> </td><td style="width: 13px; text-align:right;border-color:#000000;min-width:13px;"> </td><td style="width: 76px; text-align:left;border-color:#000000;min-width:76px;"> </td><td style="width: 8px; text-align:left;border-color:#000000;min-width:8px;"> </td><td style="width: 13px; text-align:right;border-color:#000000;min-width:13px;"> </td><td style="width: 66px; text-align:left;border-color:#000000;min-width:66px;"> </td><td style="width: 13px; text-align:left;border-color:#000000;min-width:13px;"> </td><td style="width: 13px; text-align:right;border-color:#000000;min-width:13px;"> </td><td style="width: 66px; text-align:left;border-color:#000000;min-width:66px;"> </td></tr><tr style="height: 17px"><td style="width: 349px; text-align:left;border-color:#000000;min-width:349px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;">Goodwill impairment</font><font style="font-size: 7pt;"><sup>(1)</sup></font></td><td style="width: 13px; text-align:right;border-color:#000000;min-width:13px;"> </td><td style="width: 74px; text-align:right;border-color:#000000;min-width:74px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;"> (9,400)</font></td><td style="width: 13px; text-align:left;border-color:#000000;min-width:13px;"> </td><td style="width: 13px; text-align:right;border-color:#000000;min-width:13px;"> </td><td style="width: 76px; text-align:right;border-color:#000000;min-width:76px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;"> -</font></td><td style="width: 8px; text-align:left;border-color:#000000;min-width:8px;"> </td><td style="width: 13px; text-align:right;border-color:#000000;min-width:13px;"> </td><td style="width: 66px; text-align:right;border-color:#000000;min-width:66px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;"> (9,400)</font></td><td style="width: 13px; text-align:left;border-color:#000000;min-width:13px;"> </td><td style="width: 13px; text-align:right;border-color:#000000;min-width:13px;"> </td><td style="width: 66px; text-align:right;border-color:#000000;min-width:66px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;"> -</font></td></tr><tr style="height: 17px"><td style="width: 349px; text-align:left;border-color:#000000;min-width:349px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;">Other costs and expenses</font><font style="font-size: 7pt;"><sup></sup></font></td><td style="width: 13px; border-bottom-style:solid;border-bottom-width:1px;text-align:right;border-color:#000000;min-width:13px;"> </td><td style="width: 74px; border-bottom-style:solid;border-bottom-width:1px;text-align:right;border-color:#000000;min-width:74px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;"> (11,136)</font></td><td style="width: 13px; text-align:left;border-color:#000000;min-width:13px;"> </td><td style="width: 13px; border-bottom-style:solid;border-bottom-width:1px;text-align:right;border-color:#000000;min-width:13px;"> </td><td style="width: 76px; border-bottom-style:solid;border-bottom-width:1px;text-align:right;border-color:#000000;min-width:76px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;"> (12,299)</font></td><td style="width: 8px; text-align:left;border-color:#000000;min-width:8px;"> </td><td style="width: 13px; border-bottom-style:solid;border-bottom-width:1px;text-align:right;border-color:#000000;min-width:13px;"> </td><td style="width: 66px; border-bottom-style:solid;border-bottom-width:1px;text-align:right;border-color:#000000;min-width:66px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;"> (23,237)</font></td><td style="width: 13px; text-align:left;border-color:#000000;min-width:13px;"> </td><td style="width: 13px; border-bottom-style:solid;border-bottom-width:1px;text-align:right;border-color:#000000;min-width:13px;"> </td><td style="width: 66px; border-bottom-style:solid;border-bottom-width:1px;text-align:right;border-color:#000000;min-width:66px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;"> (23,196)</font></td></tr><tr style="height: 17px"><td style="width: 349px; text-align:left;border-color:#000000;min-width:349px;"><font style="FONT-WEIGHT: bold;FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;">Loss from discontinued operations before income taxes</font><font style="font-size: 7pt;"><sup></sup></font></td><td style="width: 13px; text-align:left;border-color:#000000;min-width:13px;"> </td><td style="width: 74px; text-align:right;border-color:#000000;min-width:74px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;"> (11,505)</font></td><td style="width: 13px; text-align:left;border-color:#000000;min-width:13px;"> </td><td style="width: 13px; text-align:left;border-color:#000000;min-width:13px;"> </td><td style="width: 76px; text-align:right;border-color:#000000;min-width:76px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;"> (5,713)</font></td><td style="width: 8px; text-align:left;border-color:#000000;min-width:8px;"> </td><td style="width: 13px; text-align:left;border-color:#000000;min-width:13px;"> </td><td style="width: 66px; text-align:right;border-color:#000000;min-width:66px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;"> (11,964)</font></td><td style="width: 13px; text-align:left;border-color:#000000;min-width:13px;"> </td><td style="width: 13px; text-align:left;border-color:#000000;min-width:13px;"> </td><td style="width: 66px; text-align:right;border-color:#000000;min-width:66px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;"> (8,925)</font></td></tr><tr style="height: 17px"><td style="width: 349px; text-align:left;border-color:#000000;min-width:349px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;">Benefit from income taxes</font><font style="font-size: 7pt;"><sup>(1)</sup></font></td><td style="width: 13px; text-align:left;border-color:#000000;min-width:13px;"> </td><td style="width: 74px; text-align:right;border-color:#000000;min-width:74px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;"> 867</font></td><td style="width: 13px; text-align:left;border-color:#000000;min-width:13px;"> </td><td style="width: 13px; text-align:left;border-color:#000000;min-width:13px;"> </td><td style="width: 76px; text-align:right;border-color:#000000;min-width:76px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;"> 2,261</font></td><td style="width: 8px; text-align:left;border-color:#000000;min-width:8px;"> </td><td style="width: 13px; text-align:left;border-color:#000000;min-width:13px;"> </td><td style="width: 66px; text-align:right;border-color:#000000;min-width:66px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;"> 1,026</font></td><td style="width: 13px; text-align:left;border-color:#000000;min-width:13px;"> </td><td style="width: 13px; text-align:left;border-color:#000000;min-width:13px;"> </td><td style="width: 66px; text-align:right;border-color:#000000;min-width:66px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;"> 3,533</font></td></tr><tr style="height: 18px"><td style="width: 349px; text-align:left;border-color:#000000;min-width:349px;"><font style="FONT-WEIGHT: bold;FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;">Loss from discontinued operations</font><font style="font-size: 7pt;"><sup></sup></font></td><td style="width: 13px; border-top-style:solid;border-top-width:1px;border-bottom-style:double;border-bottom-width:3px;text-align:right;border-color:#000000;min-width:13px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: right;">$</font></td><td style="width: 74px; border-top-style:solid;border-top-width:1px;border-bottom-style:double;border-bottom-width:3px;text-align:right;border-color:#000000;min-width:74px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;"> (10,638)</font></td><td style="width: 13px; text-align:left;border-color:#000000;min-width:13px;"> </td><td style="width: 13px; border-top-style:solid;border-top-width:1px;border-bottom-style:double;border-bottom-width:3px;text-align:right;border-color:#000000;min-width:13px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: right;">$</font></td><td style="width: 76px; border-top-style:solid;border-top-width:1px;border-bottom-style:double;border-bottom-width:3px;text-align:right;border-color:#000000;min-width:76px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;"> (3,452)</font></td><td style="width: 8px; text-align:left;border-color:#000000;min-width:8px;"> </td><td style="width: 13px; border-top-style:solid;border-top-width:1px;border-bottom-style:double;border-bottom-width:3px;text-align:right;border-color:#000000;min-width:13px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: right;">$</font></td><td style="width: 66px; border-top-style:solid;border-top-width:1px;border-bottom-style:double;border-bottom-width:3px;text-align:right;border-color:#000000;min-width:66px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;"> (10,938)</font></td><td style="width: 13px; text-align:left;border-color:#000000;min-width:13px;"> </td><td style="width: 13px; border-top-style:solid;border-top-width:1px;border-bottom-style:double;border-bottom-width:3px;text-align:right;border-color:#000000;min-width:13px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: right;">$</font></td><td style="width: 66px; border-top-style:solid;border-top-width:1px;border-bottom-style:double;border-bottom-width:3px;text-align:right;border-color:#000000;min-width:66px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;"> (5,392)</font></td></tr><tr style="height: 16px"><td style="width: 349px; text-align:left;border-color:#000000;min-width:349px;"> <font style="font-size: 7pt;"><sup></sup></font></td><td style="width: 13px; text-align:right;border-color:#000000;min-width:13px;"> </td><td style="width: 74px; text-align:left;border-color:#000000;min-width:74px;"> </td><td style="width: 13px; text-align:left;border-color:#000000;min-width:13px;"> </td><td style="width: 13px; text-align:right;border-color:#000000;min-width:13px;"> </td><td style="width: 76px; text-align:left;border-color:#000000;min-width:76px;"> </td><td style="width: 8px; text-align:left;border-color:#000000;min-width:8px;"> </td><td style="width: 13px; text-align:right;border-color:#000000;min-width:13px;"> </td><td style="width: 66px; text-align:left;border-color:#000000;min-width:66px;"> </td><td style="width: 13px; text-align:left;border-color:#000000;min-width:13px;"> </td><td style="width: 13px; text-align:right;border-color:#000000;min-width:13px;"> </td><td style="width: 66px; text-align:left;border-color:#000000;min-width:66px;"> </td></tr><tr style="height: 17px"><td colspan="13" style="width: 728px; text-align:left;border-color:#000000;min-width:728px;"><sup><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;">(1)</font></sup><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: left;">As Insight Schools' goodwill is not deductible for tax purposes, we did not record a tax benefit associated with the goodwill impairment charge.</font></td></tr></table></div><p style='margin-top: 0pt; margin-bottom: 0pt;'></p><p style='margin-top:12pt; margin-bottom:0pt'><font style="font-family:Times New Roman;font-size:10pt;margin-left:0px;">We include only revenues and costs, including</font><font style="font-family:Times New Roman;font-size:10pt;"> the goodwill impairment charge</font><font style="font-family:Times New Roman;font-size:10pt;"> discussed above, directly attributable to the discontinued operations, and not </font><font style="font-family:Times New Roman;font-size:10pt;">those attributable to </font><font style="font-family:Times New Roman;font-size:10pt;">the ongoing entity. Accordingly, no interest expense or general corporate overhead have been allocated to Insight Schools. Additionally, we have ceased depreciation and amortization on property and equipment and finite-lived intangible assets at Insight Schools.</font></p>
<p style='margin-top:0pt; margin-bottom:0pt'><font style="font-family:Times New Roman;font-size:10pt;font-weight:bold;margin-left:0px;">Note 4. Acquisitions</font></p><p style='margin-top:0pt; margin-bottom:0pt'> </p><p style='margin-top:0pt; margin-bottom:0pt'><font style="font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;margin-left:0px;">BPP</font></p><p style='margin-top:0pt; margin-bottom:0pt'> </p><p style='margin-top:0pt; margin-bottom:0pt'><font style="font-family:Times New Roman;font-size:10pt;margin-left:0px;">On July 30, 2009, Apollo Global, through a wholly-owned </font><font style="font-family:Times New Roman;font-size:10pt;">United Kingdom</font><font style="font-family:Times New Roman;font-size:10pt;"> subsidiary, acquired the entire issued and to be issued ordinary share capital of BPP, a company registered in </font><font style="font-family:Times New Roman;font-size:10pt;">England</font><font style="font-family:Times New Roman;font-size:10pt;"> and </font><font style="font-family:Times New Roman;font-size:10pt;">Wales</font><font style="font-family:Times New Roman;font-size:10pt;">, for a cash purchase price of 620 pence per share. </font><font style="font-family:Times New Roman;font-size:10pt;">BPP is a provider of education and training to professionals in the legal and finance industries and the BPP College of Professional Studies is the first </font><font style="font-family:Times New Roman;font-size:10pt;">proprietary</font><font style="font-family:Times New Roman;font-size:10pt;"> institution to have been granted degree awarding powers in the </font><font style="font-family:Times New Roman;font-size:10pt;">United Kingdom</font><font style="font-family:Times New Roman;font-size:10pt;">. </font><font style="font-family:Times New Roman;font-size:10pt;">At exchange rates on the date of the acquisition, the purchase price for BPP, including assumed debt and transaction relate</font><font style="font-family:Times New Roman;font-size:10pt;">d expenses, was $601.6</font><font style="font-family:Times New Roman;font-size:10pt;"> million. </font></p><p style='margin-top:0pt; margin-bottom:0pt'> </p><p style='margin-top:0pt; margin-bottom:0pt'><font style="font-family:Times New Roman;font-size:10pt;margin-left:0px;">We accounted for t</font><font style="font-family:Times New Roman;font-size:10pt;">he BPP acquisition using the purchase method of </font><font style="font-family:Times New Roman;font-size:10pt;">accounting prior to our September 1, 2009 adoption of SFAS 141(R)</font><font style="font-family:Times New Roman;font-size:10pt;"> (codified in AS</font><font style="font-family:Times New Roman;font-size:10pt;">C 805, "Business Combinations") noted in </font><font style="font-family:Times New Roman;font-size:10pt;font-style:italic;">Recent Accounting Pronouncements</font><font style="font-family:Times New Roman;font-size:10pt;"> in Note 2, Significant Accounting Policies. </font><font style="font-family:Times New Roman;font-size:10pt;">To value the acquired assets and assumed liabilities, we used the following valuation methodologies:</font></p><p style='margin-top:0pt; margin-bottom:0pt'> </p><p style='margin-top:0pt; margin-bottom:0pt'></p><ul><li style="margin-left:54.7px;list-style:disc;"><font style="font-family:Times New Roman;font-size:10pt;">Land and buildings included in property and equipment were valued using the market approach.</font></li><li style="margin-left:54.7px;list-style:disc;"><font style="font-family:Times New Roman;font-size:10pt;">Trademarks were valued using the relief-from-royalty method, which represents the benefit of owning </font><font style="font-family:Times New Roman;font-size:10pt;">an</font><font style="font-family:Times New Roman;font-size:10pt;"> intangible asset rather than paying royalties for its use. </font></li><li style="margin-left:54.7px;list-style:disc;"><font style="font-family:Times New Roman;font-size:10pt;">All other intangible assets were valued using one of the following methods; the income approach, specifically the cost savings method and excess earnings method, </font><font style="font-family:Times New Roman;font-size:10pt;">or the</font><font style="font-family:Times New Roman;font-size:10pt;"> replacement cost approach. </font></li><li style="margin-left:54.7px;list-style:disc;"><font style="font-family:Times New Roman;font-size:10pt;">Certain other long-term obligations were valued using the discounted cash flow approach utilizing current discount rates, cost estimates and assumptions.</font></li><li style="margin-left:54.7px;list-style:disc;"><font style="font-family:Times New Roman;font-size:10pt;">All other net assets and liabilities carrying value approximated fair value at the time of the acquisition.</font></li></ul><p style='margin-top:0pt; margin-bottom:0pt'> </p><p style='margin-top:0pt; margin-bottom:0pt'><font style="font-family:Times New Roman;font-size:10pt;margin-left:0px;">A summary of the purchase price </font><font style="font-family:Times New Roman;font-size:10pt;">allocation </font><font style="font-family:Times New Roman;font-size:10pt;">is as follows</font><font style="font-family:Times New Roman;font-size:10pt;">:</font></p><p style='margin-top: 0pt; margin-bottom: 0pt;'></p><div><table style="border-collapse:collapse;margin-top:20px;"><tr style="height: 17px"><td style="width: 482px; text-align:left;border-color:#000000;min-width:482px;"><font style="FONT-STYLE: italic;FONT-FAMILY: Times New Roman;FONT-SIZE: 8pt;COLOR: #000000;">($ in thousands)</font></td><td style="width: 12px; text-align:left;border-color:#000000;min-width:12px;"> </td><td colspan="2" style="width: 92px; text-align:center;border-color:#000000;min-width:92px;"> </td><td style="width: 12px; text-align:left;border-color:#000000;min-width:12px;"> </td><td colspan="2" style="width: 92px; text-align:center;border-color:#000000;min-width:92px;"> </td></tr><tr style="height: 17px"><td style="width: 482px; text-align:left;border-color:#000000;min-width:482px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: left;">Tangible assets (net of acquired liabilities)</font></td><td style="width: 12px; text-align:left;border-color:#000000;min-width:12px;"> </td><td style="width: 12px; text-align:right;border-color:#000000;min-width:12px;"> </td><td style="width: 80px; text-align:left;border-color:#000000;min-width:80px;"> </td><td style="width: 12px; text-align:left;border-color:#000000;min-width:12px;"> </td><td style="width: 12px; text-align:right;border-color:#000000;min-width:12px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: right;">$</font></td><td style="width: 80px; text-align:right;border-color:#000000;min-width:80px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;"> (15,346)</font></td></tr><tr style="height: 17px"><td style="width: 482px; text-align:left;border-color:#000000;min-width:482px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: left;">Finite-lived intangible assets</font></td><td style="width: 12px; text-align:left;border-color:#000000;min-width:12px;"> </td><td style="width: 12px; text-align:left;border-color:#000000;min-width:12px;"> </td><td style="width: 80px; text-align:left;border-color:#000000;min-width:80px;"> </td><td style="width: 12px; text-align:left;border-color:#000000;min-width:12px;"> </td><td style="width: 12px; text-align:left;border-color:#000000;min-width:12px;"> </td><td style="width: 80px; text-align:right;border-color:#000000;min-width:80px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;"> 51,304</font></td></tr><tr style="height: 17px"><td style="width: 482px; text-align:left;border-color:#000000;min-width:482px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: left;">Indefinite-lived intangible assets</font></td><td style="width: 12px; text-align:left;border-color:#000000;min-width:12px;"> </td><td style="width: 12px; text-align:left;border-color:#000000;min-width:12px;"> </td><td style="width: 80px; text-align:left;border-color:#000000;min-width:80px;"> </td><td style="width: 12px; text-align:left;border-color:#000000;min-width:12px;"> </td><td style="width: 12px; text-align:left;border-color:#000000;min-width:12px;"> </td><td style="width: 80px; text-align:right;border-color:#000000;min-width:80px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;"> 139,990</font></td></tr><tr style="height: 17px"><td style="width: 482px; text-align:left;border-color:#000000;min-width:482px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: left;">Goodwill</font></td><td style="width: 12px; text-align:left;border-color:#000000;min-width:12px;"> </td><td style="width: 12px; text-align:left;border-color:#000000;min-width:12px;"> </td><td style="width: 80px; text-align:left;border-color:#000000;min-width:80px;"> </td><td style="width: 12px; text-align:left;border-color:#000000;min-width:12px;"> </td><td style="width: 12px; text-align:left;border-color:#000000;min-width:12px;"> </td><td style="width: 80px; text-align:right;border-color:#000000;min-width:80px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;"> 425,638</font></td></tr><tr style="height: 18px"><td style="width: 482px; text-align:left;border-color:#000000;min-width:482px;"><font style="FONT-WEIGHT: bold;FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: left;"> Total allocated purchase price</font></td><td style="width: 12px; text-align:left;border-color:#000000;min-width:12px;"> </td><td style="width: 12px; text-align:left;border-color:#000000;min-width:12px;"> </td><td style="width: 80px; text-align:left;border-color:#000000;min-width:80px;"> </td><td style="width: 12px; text-align:left;border-color:#000000;min-width:12px;"> </td><td style="width: 12px; border-top-style:solid;border-top-width:1px;border-bottom-style:double;border-bottom-width:3px;text-align:left;border-color:#000000;min-width:12px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: left;">$</font></td><td style="width: 80px; border-top-style:solid;border-top-width:1px;border-bottom-style:double;border-bottom-width:3px;text-align:right;border-color:#000000;min-width:80px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;"> 601,586</font></td></tr></table></div><p style='margin-top: 0pt; margin-bottom: 0pt;'></p><p style='margin-top:12pt; margin-bottom:0pt'><font style="font-family:Times New Roman;font-size:10pt;margin-left:0px;">We assigned indefinite lives to the acquired trademarks and </font><font style="font-family:Times New Roman;font-size:10pt;">certain</font><font style="font-family:Times New Roman;font-size:10pt;"> accreditations </font><font style="font-family:Times New Roman;font-size:10pt;">and designations </font><font style="font-family:Times New Roman;font-size:10pt;">as we believe that each of these intangible assets has the continued ability to generate cash flows indefinitely. In addition, there are no legal, regulatory, contractual, economic or other factors to limit the useful life of these intangible assets and we intend to renew trademarks and accreditations</font><font style="font-family:Times New Roman;font-size:10pt;"> and designations</font><font style="font-family:Times New Roman;font-size:10pt;">, which can be accomplished at little cost.</font></p><p style='margin-top:0pt; margin-bottom:0pt'> </p><p style='margin-top:0pt; margin-bottom:0pt'><font style="font-family:Times New Roman;font-size:10pt;margin-left:0px;">BPP's operating results are included in </font><font style="font-family:Times New Roman;font-size:10pt;">our</font><font style="font-family:Times New Roman;font-size:10pt;"> </font><font style="font-family:Times New Roman;font-size:10pt;">condensed </font><font style="font-family:Times New Roman;font-size:10pt;">consolidated financial statements from the date of acquisition</font><font style="font-family:Times New Roman;font-size:10pt;">.</font></p><p style='margin-top: 0pt; margin-bottom: 0pt;'></p><div><table style="border-collapse:collapse;margin-top:20px;"><tr style="height: 17px"><td style="width: 563px; text-align:left;border-color:#000000;min-width:563px;"><font style="FONT-STYLE: italic;TEXT-DECORATION: underline;FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;">Pro Forma Financial Results</font></td><td style="width: 13px; text-align:left;border-color:#000000;min-width:13px;"> </td><td style="width: 13px; text-align:left;border-color:#000000;min-width:13px;"> </td><td style="width: 127px; text-align:left;border-color:#000000;min-width:127px;"> </td></tr><tr style="height: 17px"><td style="width: 563px; text-align:left;border-color:#000000;min-width:563px;"> </td><td style="width: 13px; text-align:left;border-color:#000000;min-width:13px;"> </td><td style="width: 13px; text-align:left;border-color:#000000;min-width:13px;"> </td><td style="width: 127px; text-align:left;border-color:#000000;min-width:127px;"> </td></tr><tr style="height: 17px"><td colspan="4" style="width: 716px; text-align:left;border-color:#000000;min-width:716px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: left;">The following unaudited pro forma financial results of operations are presented as if the acquisition of BPP had been completed as of September 1, 2008:</font></td></tr><tr style="height: 17px"><td style="width: 563px; text-align:left;border-color:#000000;min-width:563px;"> </td><td style="width: 13px; text-align:left;border-color:#000000;min-width:13px;"> </td><td style="width: 13px; text-align:left;border-color:#000000;min-width:13px;"> </td><td style="width: 127px; text-align:left;border-color:#000000;min-width:127px;"> </td></tr><tr style="height: 17px"><td style="width: 563px; text-align:left;border-color:#000000;min-width:563px;"> </td><td style="width: 13px; text-align:left;border-color:#000000;min-width:13px;"> </td><td colspan="2" style="width: 140px; text-align:center;border-color:#000000;min-width:140px;"><font style="FONT-WEIGHT: bold;FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: center;">Six Months Ended</font></td></tr><tr style="height: 17px"><td style="width: 563px; text-align:left;border-color:#000000;min-width:563px;"> </td><td style="width: 13px; text-align:left;border-color:#000000;min-width:13px;"> </td><td colspan="2" style="width: 140px; border-bottom-style:solid;border-bottom-width:1px;text-align:center;border-color:#000000;min-width:140px;"><font style="FONT-WEIGHT: bold;FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: center;">February 28, 2009</font></td></tr><tr style="height: 17px"><td style="width: 563px; text-align:left;border-color:#000000;min-width:563px;"><font style="FONT-STYLE: italic;FONT-FAMILY: Times New Roman;FONT-SIZE: 9pt;COLOR: #000000;">(in thousands, except per share data)</font></td><td style="width: 13px; text-align:left;border-color:#000000;min-width:13px;"> </td><td style="width: 13px; text-align:center;border-color:#000000;min-width:13px;"> </td><td style="width: 127px; text-align:center;border-color:#000000;min-width:127px;"> </td></tr><tr style="height: 18px"><td style="width: 563px; text-align:left;border-color:#000000;min-width:563px;"><font style="FONT-WEIGHT: bold;FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;">Pro forma net revenue</font></td><td style="width: 13px; text-align:left;border-color:#000000;min-width:13px;"> </td><td style="width: 13px; border-bottom-style:double;border-bottom-width:3px;text-align:right;border-color:#000000;min-width:13px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: right;">$</font></td><td style="width: 127px; border-bottom-style:double;border-bottom-width:3px;text-align:right;border-color:#000000;min-width:127px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;"> 1,986,698</font></td></tr><tr style="height: 18px"><td style="width: 563px; text-align:left;border-color:#000000;min-width:563px;"> </td><td style="width: 13px; text-align:left;border-color:#000000;min-width:13px;"> </td><td style="width: 13px; border-top-style:double;border-top-width:3px;text-align:right;border-color:#000000;min-width:13px;"> </td><td style="width: 127px; border-top-style:double;border-top-width:3px;text-align:left;border-color:#000000;min-width:127px;"> </td></tr><tr style="height: 18px"><td style="width: 563px; text-align:left;border-color:#000000;min-width:563px;"><font style="FONT-WEIGHT: bold;FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;">Pro forma net income attributable to Apollo</font></td><td style="width: 13px; text-align:left;border-color:#000000;min-width:13px;"> </td><td style="width: 13px; border-bottom-style:double;border-bottom-width:3px;text-align:right;border-color:#000000;min-width:13px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: right;">$</font></td><td style="width: 127px; border-bottom-style:double;border-bottom-width:3px;text-align:right;border-color:#000000;min-width:127px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;"> 321,808</font></td></tr><tr style="height: 18px"><td style="width: 563px; text-align:left;border-color:#000000;min-width:563px;"> </td><td style="width: 13px; text-align:left;border-color:#000000;min-width:13px;"> </td><td style="width: 13px; text-align:right;border-color:#000000;min-width:13px;"> </td><td style="width: 127px; text-align:left;border-color:#000000;min-width:127px;"> </td></tr><tr style="height: 17px"><td style="width: 563px; text-align:left;border-color:#000000;min-width:563px;"><font style="FONT-WEIGHT: bold;FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;">Pro forma earnings per share:</font></td><td style="width: 13px; text-align:left;border-color:#000000;min-width:13px;"> </td><td style="width: 13px; text-align:right;border-color:#000000;min-width:13px;"> </td><td style="width: 127px; text-align:left;border-color:#000000;min-width:127px;"> </td></tr><tr style="height: 18px"><td style="width: 563px; text-align:left;border-color:#000000;min-width:563px;"><font style="FONT-WEIGHT: bold;FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;">Basic income per share attributable to Apollo</font></td><td style="width: 13px; text-align:left;border-color:#000000;min-width:13px;"> </td><td style="width: 13px; border-bottom-style:double;border-bottom-width:3px;text-align:right;border-color:#000000;min-width:13px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: right;">$</font></td><td style="width: 127px; border-bottom-style:double;border-bottom-width:3px;text-align:right;border-color:#000000;min-width:127px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;"> 2.02</font></td></tr><tr style="height: 19px"><td style="width: 563px; text-align:left;border-color:#000000;min-width:563px;"><font style="FONT-WEIGHT: bold;FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;">Diluted income per share attributable to Apollo</font></td><td style="width: 13px; text-align:left;border-color:#000000;min-width:13px;"> </td><td style="width: 13px; border-bottom-style:double;border-bottom-width:3px;text-align:right;border-color:#000000;min-width:13px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: right;">$</font></td><td style="width: 127px; border-top-style:double;border-top-width:3px;border-bottom-style:double;border-bottom-width:3px;text-align:right;border-color:#000000;min-width:127px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;"> 1.99</font></td></tr><tr style="height: 19px"><td style="width: 563px; text-align:left;border-color:#000000;min-width:563px;"><font style="FONT-WEIGHT: bold;FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;">Basic weighted average shares outstanding</font></td><td style="width: 13px; text-align:left;border-color:#000000;min-width:13px;"> </td><td style="width: 13px; border-top-style:double;border-top-width:3px;border-bottom-style:double;border-bottom-width:3px;text-align:right;border-color:#000000;min-width:13px;"> </td><td style="width: 127px; border-top-style:double;border-top-width:3px;border-bottom-style:double;border-bottom-width:3px;text-align:right;border-color:#000000;min-width:127px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;"> 159,643</font></td></tr><tr style="height: 19px"><td style="width: 563px; text-align:left;border-color:#000000;min-width:563px;"><font style="FONT-WEIGHT: bold;FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;">Diluted weighted average shares outstanding</font></td><td style="width: 13px; text-align:left;border-color:#000000;min-width:13px;"> </td><td style="width: 13px; border-top-style:double;border-top-width:3px;border-bottom-style:double;border-bottom-width:3px;text-align:right;border-color:#000000;min-width:13px;"> </td><td style="width: 127px; border-top-style:double;border-top-width:3px;border-bottom-style:double;border-bottom-width:3px;text-align:right;border-color:#000000;min-width:127px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;"> 161,806</font></td></tr></table></div><p style='margin-top: 0pt; margin-bottom: 0pt;'></p><p style='margin-top:12pt; margin-bottom:0pt'><font style="font-family:Times New Roman;font-size:10pt;margin-left:0px;">The</font><font style="font-family:Times New Roman;font-size:10pt;"> pro forma financial information is presented for informational purposes and includes certain adjustments that are factual and supportable, </font><font style="font-family:Times New Roman;font-size:10pt;">consisting of </font><font style="font-family:Times New Roman;font-size:10pt;">increased interest expense on debt used to fund the acquisition, </font><font style="font-family:Times New Roman;font-size:10pt;">adjustments to</font><font style="font-family:Times New Roman;font-size:10pt;"> depreciation expense related to the fair value adjustment for property and equipment, </font><font style="font-family:Times New Roman;font-size:10pt;">and </font><font style="font-family:Times New Roman;font-size:10pt;">amortization related to acquired intangible assets</font><font style="font-family:Times New Roman;font-size:10pt;">, as well as the related tax effect of these adjustments</font><font style="font-family:Times New Roman;font-size:10pt;">. The </font><font style="font-family:Times New Roman;font-size:10pt;">pro forma information is not indicative of the results of operations that would have been achieved if the acquisition and related borrowings had taken place at the beginning of the </font><font style="font-family:Times New Roman;font-size:10pt;">applicable presented period</font><font style="font-family:Times New Roman;font-size:10pt;">, or of future results of the consolidated entities</font><font style="font-family:Times New Roman;font-size:10pt;">.</font></p>
<div><table style="border-collapse:collapse;margin-top:20px;"><tr style="height: 17px"><td colspan="6" style="width: 720px; text-align:left;border-color:#000000;min-width:720px;"><font style="FONT-WEIGHT: bold;FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;">Note 5. Accounts Receivable, Net</font></td></tr><tr style="height: 17px"><td style="width: 531px; text-align:left;border-color:#000000;min-width:531px;"> </td><td style="width: 13px; text-align:left;border-color:#000000;min-width:13px;"> </td><td style="width: 75px; text-align:left;border-color:#000000;min-width:75px;"> </td><td style="width: 13px; text-align:left;border-color:#000000;min-width:13px;"> </td><td style="width: 13px; text-align:left;border-color:#000000;min-width:13px;"> </td><td style="width: 75px; text-align:left;border-color:#000000;min-width:75px;"> </td></tr><tr style="height: 17px"><td colspan="6" style="width: 720px; text-align:left;border-color:#000000;min-width:720px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;">Accounts receivable, net consist of the following as of February 28, 2010 and August 31, 2009:</font></td></tr><tr style="height: 17px"><td style="width: 531px; text-align:left;border-color:#000000;min-width:531px;"> </td><td colspan="2" style="width: 88px; text-align:center;border-color:#000000;min-width:88px;"> </td><td style="width: 13px; text-align:left;border-color:#000000;min-width:13px;"> </td><td style="width: 13px; text-align:left;border-color:#000000;min-width:13px;"> </td><td style="width: 75px; text-align:left;border-color:#000000;min-width:75px;"> </td></tr><tr style="height: 17px"><td style="width: 531px; text-align:left;border-color:#000000;min-width:531px;"><font style="FONT-STYLE: italic;FONT-FAMILY: Times New Roman;FONT-SIZE: 8pt;COLOR: #000000;">($ in thousands)</font></td><td colspan="2" style="width: 88px; border-bottom-style:solid;border-bottom-width:1px;text-align:center;border-color:#000000;min-width:88px;"><font style="FONT-WEIGHT: bold;FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: center;">February 28, 2010</font></td><td style="width: 13px; text-align:center;border-color:#000000;min-width:13px;"> </td><td colspan="2" style="width: 88px; border-bottom-style:solid;border-bottom-width:1px;text-align:center;border-color:#000000;min-width:88px;"><font style="FONT-WEIGHT: bold;FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: center;">August 31, 2009</font></td></tr><tr style="height: 17px"><td style="width: 531px; text-align:left;border-color:#000000;min-width:531px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;">Student accounts receivable</font></td><td style="width: 13px; text-align:right;border-color:#000000;min-width:13px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: right;">$</font></td><td style="width: 75px; text-align:right;border-color:#000000;min-width:75px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;"> 404,904</font></td><td style="width: 13px; text-align:right;border-color:#000000;min-width:13px;"> </td><td style="width: 13px; text-align:right;border-color:#000000;min-width:13px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: right;">$</font></td><td style="width: 75px; text-align:right;border-color:#000000;min-width:75px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;"> 380,226</font></td></tr><tr style="height: 17px"><td style="width: 531px; text-align:left;border-color:#000000;min-width:531px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;">Less allowance for doubtful accounts </font></td><td style="width: 13px; border-bottom-style:solid;border-bottom-width:1px;text-align:left;border-color:#000000;min-width:13px;"> </td><td style="width: 75px; border-bottom-style:solid;border-bottom-width:1px;text-align:right;border-color:#000000;min-width:75px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;"> (170,138)</font></td><td style="width: 13px; text-align:right;border-color:#000000;min-width:13px;"> </td><td style="width: 13px; border-bottom-style:solid;border-bottom-width:1px;text-align:right;border-color:#000000;min-width:13px;"> </td><td style="width: 75px; border-bottom-style:solid;border-bottom-width:1px;text-align:right;border-color:#000000;min-width:75px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;"> (110,420)</font></td></tr><tr style="height: 17px"><td style="width: 531px; text-align:left;border-color:#000000;min-width:531px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: left;"> Net student accounts receivable</font></td><td style="width: 13px; text-align:left;border-color:#000000;min-width:13px;"> </td><td style="width: 75px; text-align:right;border-color:#000000;min-width:75px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;"> 234,766</font></td><td style="width: 13px; text-align:right;border-color:#000000;min-width:13px;"> </td><td style="width: 13px; text-align:right;border-color:#000000;min-width:13px;"> </td><td style="width: 75px; text-align:right;border-color:#000000;min-width:75px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;"> 269,806</font></td></tr><tr style="height: 17px"><td style="width: 531px; text-align:left;border-color:#000000;min-width:531px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;">Other receivables</font></td><td style="width: 13px; text-align:left;border-color:#000000;min-width:13px;"> </td><td style="width: 75px; text-align:right;border-color:#000000;min-width:75px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;"> 26,439</font></td><td style="width: 13px; text-align:right;border-color:#000000;min-width:13px;"> </td><td style="width: 13px; text-align:right;border-color:#000000;min-width:13px;"> </td><td style="width: 75px; border-bottom-style:solid;border-bottom-width:1px;text-align:right;border-color:#000000;min-width:75px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;"> 28,464</font></td></tr><tr style="height: 18px"><td style="width: 531px; text-align:left;border-color:#000000;min-width:531px;"><font style="FONT-WEIGHT: bold;FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: left;"> Total accounts receivable, net </font></td><td style="width: 13px; border-top-style:solid;border-top-width:1px;border-bottom-style:double;border-bottom-width:3px;text-align:right;border-color:#000000;min-width:13px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: right;">$</font></td><td style="width: 75px; border-top-style:solid;border-top-width:1px;border-bottom-style:double;border-bottom-width:3px;text-align:right;border-color:#000000;min-width:75px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;"> 261,205</font></td><td style="width: 13px; text-align:left;border-color:#000000;min-width:13px;"> </td><td style="width: 13px; border-top-style:solid;border-top-width:1px;border-bottom-style:double;border-bottom-width:3px;text-align:right;border-color:#000000;min-width:13px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: right;">$</font></td><td style="width: 75px; border-top-style:solid;border-top-width:1px;border-bottom-style:double;border-bottom-width:3px;text-align:right;border-color:#000000;min-width:75px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;"> 298,270</font></td></tr></table></div><p style='margin-top: 0pt; margin-bottom: 0pt;'></p><p style='margin-top:12pt; margin-bottom:0pt'><font style="font-family:Times New Roman;font-size:10pt;margin-left:0px;">Student accounts receivable is composed primarily of amounts due related to tuition.</font><font style="font-family:Times New Roman;font-size:10pt;"> </font><font style="font-family:Times New Roman;font-size:10pt;">In the second quarter of fiscal year 2010, we began presenting Insight Schools' assets and liabilities as held for sale and its operating results as discontinued operations. Refer to Note 3, Discontinued Operations, for further discussion and disclosure of the components of Insight Schools' assets and liabilities.</font></p><p style='margin-top:0pt; margin-bottom:0pt'> </p><p style='margin-top:0pt; margin-bottom:0pt'><font style="font-family:Times New Roman;font-size:10pt;margin-left:0px;">Bad debt expense is included in instructional costs and services in our Condensed Consolidated Statements of </font><font style="font-family:Times New Roman;font-size:10pt;">Income</font><font style="font-family:Times New Roman;font-size:10pt;">. Please refer to </font><font style="font-family:Times New Roman;font-size:10pt;">our 2009 Annual Report on Form 10-K</font><font style="font-family:Times New Roman;font-size:10pt;"> </font><font style="font-family:Times New Roman;font-size:10pt;">for further discussion of our related critical accounting policy. The following table summarizes the activity in the related allowance for doubtful accounts for the </font><font style="font-family:Times New Roman;font-size:10pt;">three and six months ended</font><font style="font-family:Times New Roman;font-size:10pt;"> </font><font style="font-family:Times New Roman;font-size:10pt;">February 28, 2010</font><font style="font-family:Times New Roman;font-size:10pt;"> and </font><font style="font-family:Times New Roman;font-size:10pt;">2009</font><font style="font-family:Times New Roman;font-size:10pt;">:</font></p><p style='margin-top: 0pt; margin-bottom: 0pt;'></p><div><table style="border-collapse:collapse;margin-top:20px;"><tr style="height: 17px"><td style="width: 285px; text-align:left;border-color:#000000;min-width:285px;"> </td><td colspan="5" style="width: 213px; border-bottom-style:solid;border-bottom-width:1px;text-align:center;border-color:#000000;min-width:213px;"><font style="FONT-WEIGHT: bold;FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: center;">Three Months Ended February 28,</font></td><td style="width: 13px; text-align:center;border-color:#000000;min-width:13px;"> </td><td colspan="5" style="width: 209px; border-bottom-style:solid;border-bottom-width:1px;text-align:center;border-color:#000000;min-width:209px;"><font style="FONT-WEIGHT: bold;FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: center;">Six Months Ended February 28,</font></td></tr><tr style="height: 17px"><td style="width: 285px; text-align:left;border-color:#000000;min-width:285px;"><font style="FONT-STYLE: italic;FONT-FAMILY: Times New Roman;FONT-SIZE: 8pt;COLOR: #000000;">($ in thousands)</font></td><td colspan="2" style="width: 100px; border-bottom-style:solid;border-bottom-width:1px;text-align:center;border-color:#000000;min-width:100px;"><font style="FONT-WEIGHT: bold;FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: center;">2010</font></td><td style="width: 13px; text-align:center;border-color:#000000;min-width:13px;"> </td><td colspan="2" style="width: 100px; border-bottom-style:solid;border-bottom-width:1px;text-align:center;border-color:#000000;min-width:100px;"><font style="FONT-WEIGHT: bold;FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: center;">2009</font></td><td style="width: 13px; text-align:center;border-color:#000000;min-width:13px;"> </td><td colspan="2" style="width: 98px; border-bottom-style:solid;border-bottom-width:1px;text-align:center;border-color:#000000;min-width:98px;"><font style="FONT-WEIGHT: bold;FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: center;">2010</font></td><td style="width: 13px; text-align:center;border-color:#000000;min-width:13px;"> </td><td colspan="2" style="width: 98px; border-bottom-style:solid;border-bottom-width:1px;text-align:center;border-color:#000000;min-width:98px;"><font style="FONT-WEIGHT: bold;FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: center;">2009</font></td></tr><tr style="height: 17px"><td style="width: 285px; text-align:left;border-color:#000000;min-width:285px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;">Beginning allowance for doubtful accounts </font></td><td style="width: 13px; text-align:right;border-color:#000000;min-width:13px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: right;">$</font></td><td style="width: 87px; text-align:right;border-color:#000000;min-width:87px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;"> 138,405</font></td><td style="width: 13px; text-align:right;border-color:#000000;min-width:13px;"> </td><td style="width: 13px; text-align:right;border-color:#000000;min-width:13px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: right;">$</font></td><td style="width: 87px; text-align:right;border-color:#000000;min-width:87px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;"> 88,274</font></td><td style="width: 13px; text-align:right;border-color:#000000;min-width:13px;"> </td><td style="width: 13px; text-align:right;border-color:#000000;min-width:13px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: right;">$</font></td><td style="width: 85px; text-align:right;border-color:#000000;min-width:85px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;"> 110,420</font></td><td style="width: 13px; text-align:right;border-color:#000000;min-width:13px;"> </td><td style="width: 13px; text-align:right;border-color:#000000;min-width:13px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: right;">$</font></td><td style="width: 85px; text-align:right;border-color:#000000;min-width:85px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;"> 78,362</font></td></tr><tr style="height: 17px"><td style="width: 285px; text-align:left;border-color:#000000;min-width:285px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;">Provision for uncollectible accounts receivable</font></td><td style="width: 13px; text-align:left;border-color:#000000;min-width:13px;"> </td><td style="width: 87px; text-align:right;border-color:#000000;min-width:87px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;"> 73,883</font></td><td style="width: 13px; text-align:right;border-color:#000000;min-width:13px;"> </td><td style="width: 13px; text-align:right;border-color:#000000;min-width:13px;"> </td><td style="width: 87px; text-align:right;border-color:#000000;min-width:87px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;"> 36,056</font></td><td style="width: 13px; text-align:right;border-color:#000000;min-width:13px;"> </td><td style="width: 13px; text-align:right;border-color:#000000;min-width:13px;"> </td><td style="width: 85px; text-align:right;border-color:#000000;min-width:85px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;"> 136,582</font></td><td style="width: 13px; text-align:right;border-color:#000000;min-width:13px;"> </td><td style="width: 13px; text-align:right;border-color:#000000;min-width:13px;"> </td><td style="width: 85px; text-align:right;border-color:#000000;min-width:85px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;"> 70,913</font></td></tr><tr style="height: 17px"><td style="width: 285px; text-align:left;border-color:#000000;min-width:285px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;">Write-offs, net of recoveries</font></td><td style="width: 13px; text-align:left;border-color:#000000;min-width:13px;"> </td><td style="width: 87px; text-align:right;border-color:#000000;min-width:87px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;"> (41,291)</font></td><td style="width: 13px; text-align:right;border-color:#000000;min-width:13px;"> </td><td style="width: 13px; text-align:right;border-color:#000000;min-width:13px;"> </td><td style="width: 87px; text-align:right;border-color:#000000;min-width:87px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;"> (28,615)</font></td><td style="width: 13px; text-align:right;border-color:#000000;min-width:13px;"> </td><td style="width: 13px; text-align:right;border-color:#000000;min-width:13px;"> </td><td style="width: 85px; text-align:right;border-color:#000000;min-width:85px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;"> (76,005)</font></td><td style="width: 13px; text-align:right;border-color:#000000;min-width:13px;"> </td><td style="width: 13px; text-align:right;border-color:#000000;min-width:13px;"> </td><td style="width: 85px; text-align:right;border-color:#000000;min-width:85px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;"> (53,560)</font></td></tr><tr style="height: 17px"><td style="width: 285px; text-align:left;border-color:#000000;min-width:285px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;">Included in assets held for sale</font></td><td style="width: 13px; text-align:left;border-color:#000000;min-width:13px;"> </td><td style="width: 87px; text-align:right;border-color:#000000;min-width:87px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;"> (859)</font></td><td style="width: 13px; text-align:right;border-color:#000000;min-width:13px;"> </td><td style="width: 13px; text-align:right;border-color:#000000;min-width:13px;"> </td><td style="width: 87px; text-align:right;border-color:#000000;min-width:87px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;"> -</font></td><td style="width: 13px; text-align:right;border-color:#000000;min-width:13px;"> </td><td style="width: 13px; text-align:right;border-color:#000000;min-width:13px;"> </td><td style="width: 85px; text-align:right;border-color:#000000;min-width:85px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;"> (859)</font></td><td style="width: 13px; text-align:right;border-color:#000000;min-width:13px;"> </td><td style="width: 13px; text-align:right;border-color:#000000;min-width:13px;"> </td><td style="width: 85px; text-align:right;border-color:#000000;min-width:85px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;"> -</font></td></tr><tr style="height: 18px"><td style="width: 285px; text-align:left;border-color:#000000;min-width:285px;"><font style="FONT-WEIGHT: bold;FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: left;"> Ending allowance for doubtful accounts </font></td><td style="width: 13px; border-top-style:solid;border-top-width:1px;border-bottom-style:double;border-bottom-width:3px;text-align:right;border-color:#000000;min-width:13px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: right;">$</font></td><td style="width: 87px; border-top-style:solid;border-top-width:1px;border-bottom-style:double;border-bottom-width:3px;text-align:right;border-color:#000000;min-width:87px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;"> 170,138</font></td><td style="width: 13px; text-align:right;border-color:#000000;min-width:13px;"> </td><td style="width: 13px; border-top-style:solid;border-top-width:1px;border-bottom-style:double;border-bottom-width:3px;text-align:right;border-color:#000000;min-width:13px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: right;">$</font></td><td style="width: 87px; border-top-style:solid;border-top-width:1px;border-bottom-style:double;border-bottom-width:3px;text-align:right;border-color:#000000;min-width:87px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;"> 95,715</font></td><td style="width: 13px; text-align:right;border-color:#000000;min-width:13px;"> </td><td style="width: 13px; border-top-style:solid;border-top-width:1px;border-bottom-style:double;border-bottom-width:3px;text-align:right;border-color:#000000;min-width:13px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: right;">$</font></td><td style="width: 85px; border-top-style:solid;border-top-width:1px;border-bottom-style:double;border-bottom-width:3px;text-align:right;border-color:#000000;min-width:85px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;"> 170,138</font></td><td style="width: 13px; text-align:right;border-color:#000000;min-width:13px;"> </td><td style="width: 13px; border-top-style:solid;border-top-width:1px;border-bottom-style:double;border-bottom-width:3px;text-align:right;border-color:#000000;min-width:13px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: right;">$</font></td><td style="width: 85px; border-top-style:solid;border-top-width:1px;border-bottom-style:double;border-bottom-width:3px;text-align:right;border-color:#000000;min-width:85px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;"> 95,715</font></td></tr></table></div><p style='margin-top: 0pt; margin-bottom: 0pt;'></p><p style='margin-top:12pt; margin-bottom:0pt'><font style="font-family:Times New Roman;font-size:10pt;margin-left:0px;">The increase in bad debt expense </font><font style="font-family:Times New Roman;font-size:10pt;">is primarily</font><font style="font-family:Times New Roman;font-size:10pt;"> due to University of Pho</font><font style="font-family:Times New Roman;font-size:10pt;">enix's lower collection rates. </font><font style="font-family:Times New Roman;font-size:10pt;">Collection rates have declined as a result of the economic downturn, the effects of certain operational changes and increases in receivables from students enrolled </font><font style="font-family:Times New Roman;font-size:10pt;">in associate's degree programs.</font><font style="font-family:Times New Roman;font-size:10pt;"> Students enrolled in associate's de</font><font style="font-family:Times New Roman;font-size:10pt;">gree programs generally persist</font><font style="font-family:Times New Roman;font-size:10pt;"> at lower rates than those in bachelor's and graduate level programs, resulting in higher bad debts when these students withdraw from the University of Phoenix</font><font style="font-family:Times New Roman;font-size:10pt;">.</font></p>
<div><table style="border-collapse:collapse;margin-top:20px;"><tr style="height: 17px"><td colspan="18" style="width: 746px; text-align:left;border-color:#000000;min-width:746px;"><font style="FONT-WEIGHT: bold;FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;">Note 6. Goodwill and Intangible Assets</font></td></tr><tr style="height: 17px"><td style="width: 232px; text-align:left;border-color:#000000;min-width:232px;"> </td><td style="width: 13px; text-align:left;border-color:#000000;min-width:13px;"> </td><td style="width: 70px; text-align:left;border-color:#000000;min-width:70px;"> </td><td style="width: 11px; text-align:left;border-color:#000000;min-width:11px;"> </td><td style="width: 13px; text-align:left;border-color:#000000;min-width:13px;"> </td><td style="width: 64px; text-align:left;border-color:#000000;min-width:64px;"> </td><td style="width: 11px; text-align:left;border-color:#000000;min-width:11px;"> </td><td style="width: 13px; text-align:left;border-color:#000000;min-width:13px;"> </td><td style="width: 64px; text-align:left;border-color:#000000;min-width:64px;"> </td><td style="width: 11px; text-align:left;border-color:#000000;min-width:11px;"> </td><td style="width: 13px; text-align:left;border-color:#000000;min-width:13px;"> </td><td style="width: 59px; text-align:left;border-color:#000000;min-width:59px;"> </td><td style="width: 11px; text-align:left;border-color:#000000;min-width:11px;"> </td><td style="width: 13px; text-align:left;border-color:#000000;min-width:13px;"> </td><td style="width: 59px; text-align:left;border-color:#000000;min-width:59px;"> </td><td style="width: 11px; text-align:left;border-color:#000000;min-width:11px;"> </td><td style="width: 13px; text-align:left;border-color:#000000;min-width:13px;"> </td><td style="width: 65px; text-align:left;border-color:#000000;min-width:65px;"> </td></tr><tr style="height: 17px"><td colspan="18" style="width: 746px; text-align:left;border-color:#000000;min-width:746px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: left;">Goodwill represents the excess of the purchase price over the amount assigned to the net assets acquired and liabilities assumed. Changes in the carrying amount of goodwill by reportable segment from August 31, 2009 to February 28, 2010 are as follows:</font></td></tr><tr style="height: 17px"><td style="width: 232px; text-align:left;border-color:#000000;min-width:232px;"> </td><td style="width: 13px; text-align:left;border-color:#000000;min-width:13px;"> </td><td style="width: 70px; text-align:left;border-color:#000000;min-width:70px;"> </td><td style="width: 11px; text-align:left;border-color:#000000;min-width:11px;"> </td><td style="width: 13px; text-align:left;border-color:#000000;min-width:13px;"> </td><td style="width: 64px; text-align:left;border-color:#000000;min-width:64px;"> </td><td style="width: 11px; text-align:left;border-color:#000000;min-width:11px;"> </td><td style="width: 13px; text-align:left;border-color:#000000;min-width:13px;"> </td><td style="width: 64px; text-align:left;border-color:#000000;min-width:64px;"> </td><td style="width: 11px; text-align:left;border-color:#000000;min-width:11px;"> </td><td style="width: 13px; text-align:left;border-color:#000000;min-width:13px;"> </td><td style="width: 59px; text-align:left;border-color:#000000;min-width:59px;"> </td><td style="width: 11px; text-align:left;border-color:#000000;min-width:11px;"> </td><td style="width: 13px; text-align:left;border-color:#000000;min-width:13px;"> </td><td style="width: 59px; text-align:left;border-color:#000000;min-width:59px;"> </td><td style="width: 11px; text-align:left;border-color:#000000;min-width:11px;"> </td><td style="width: 13px; text-align:left;border-color:#000000;min-width:13px;"> </td><td style="width: 65px; text-align:left;border-color:#000000;min-width:65px;"> </td></tr><tr style="height: 17px"><td style="width: 232px; text-align:left;border-color:#000000;min-width:232px;"> </td><td style="width: 13px; text-align:left;border-color:#000000;min-width:13px;"> </td><td style="width: 70px; text-align:left;border-color:#000000;min-width:70px;"> </td><td style="width: 11px; text-align:left;border-color:#000000;min-width:11px;"> </td><td colspan="5" style="width: 165px; border-bottom-style:solid;border-bottom-width:1px;text-align:center;border-color:#000000;min-width:165px;"><font style="FONT-WEIGHT: bold;FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: center;">Apollo Global</font></td><td style="width: 11px; text-align:left;border-color:#000000;min-width:11px;"> </td><td style="width: 13px; text-align:left;border-color:#000000;min-width:13px;"> </td><td style="width: 59px; text-align:left;border-color:#000000;min-width:59px;"> </td><td style="width: 11px; text-align:left;border-color:#000000;min-width:11px;"> </td><td style="width: 13px; text-align:left;border-color:#000000;min-width:13px;"> </td><td style="width: 59px; text-align:left;border-color:#000000;min-width:59px;"> </td><td style="width: 11px; text-align:left;border-color:#000000;min-width:11px;"> </td><td style="width: 13px; text-align:left;border-color:#000000;min-width:13px;"> </td><td style="width: 65px; text-align:left;border-color:#000000;min-width:65px;"> </td></tr><tr style="height: 35px"><td style="width: 232px; text-align:left;border-color:#000000;min-width:232px;"><font style="FONT-STYLE: italic;FONT-FAMILY: Times New Roman;FONT-SIZE: 8pt;COLOR: #000000;">($ in thousands)</font></td><td colspan="2" style="width: 83px; border-bottom-style:solid;border-bottom-width:1px;text-align:center;border-color:#000000;min-width:83px;"><font style="FONT-WEIGHT: bold;FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: center;">University of Phoenix</font></td><td style="width: 11px; text-align:left;border-color:#000000;min-width:11px;"> </td><td colspan="2" style="width: 77px; border-bottom-style:solid;border-bottom-width:1px;text-align:center;border-color:#000000;min-width:77px;"><font style="FONT-WEIGHT: bold;FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: center;">BPP</font></td><td style="width: 11px; text-align:center;border-color:#000000;min-width:11px;"> </td><td colspan="2" style="width: 77px; border-bottom-style:solid;border-bottom-width:1px;text-align:center;border-color:#000000;min-width:77px;"><font style="FONT-WEIGHT: bold;FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: center;">Other</font></td><td style="width: 11px; text-align:center;border-color:#000000;min-width:11px;"> </td><td colspan="2" style="width: 72px; border-bottom-style:solid;border-bottom-width:1px;text-align:center;border-color:#000000;min-width:72px;"><font style="FONT-WEIGHT: bold;FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: center;">Insight Schools</font></td><td style="width: 11px; text-align:center;border-color:#000000;min-width:11px;"> </td><td colspan="2" style="width: 72px; border-bottom-style:solid;border-bottom-width:1px;text-align:center;border-color:#000000;min-width:72px;"><font style="FONT-WEIGHT: bold;FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: center;">Other
Schools</font></td><td style="width: 11px; text-align:center;border-color:#000000;min-width:11px;"> </td><td colspan="2" style="width: 78px; border-bottom-style:solid;border-bottom-width:1px;text-align:center;border-color:#000000;min-width:78px;"><font style="FONT-WEIGHT: bold;FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: center;">Total
Goodwill</font></td></tr><tr style="height: 17px"><td style="width: 232px; text-align:left;border-color:#000000;min-width:232px;"><font style="FONT-WEIGHT: bold;FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;">Goodwill as of August 31, 2009</font></td><td style="width: 13px; text-align:right;border-color:#000000;min-width:13px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: right;">$</font></td><td style="width: 70px; text-align:right;border-color:#000000;min-width:70px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;"> 37,018</font></td><td style="width: 11px; text-align:right;border-color:#000000;min-width:11px;"> </td><td style="width: 13px; text-align:right;border-color:#000000;min-width:13px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: right;">$</font></td><td style="width: 64px; text-align:right;border-color:#000000;min-width:64px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;"> 421,836</font></td><td style="width: 11px; text-align:right;border-color:#000000;min-width:11px;"> </td><td style="width: 13px; text-align:right;border-color:#000000;min-width:13px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: right;">$</font></td><td style="width: 64px; text-align:right;border-color:#000000;min-width:64px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;"> 33,871</font></td><td style="width: 11px; text-align:right;border-color:#000000;min-width:11px;"> </td><td style="width: 13px; text-align:right;border-color:#000000;min-width:13px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: right;">$</font></td><td style="width: 59px; text-align:right;border-color:#000000;min-width:59px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;"> 12,742</font></td><td style="width: 11px; text-align:right;border-color:#000000;min-width:11px;"> </td><td style="width: 13px; text-align:right;border-color:#000000;min-width:13px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: right;">$</font></td><td style="width: 59px; text-align:right;border-color:#000000;min-width:59px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;"> 16,891</font></td><td style="width: 11px; text-align:right;border-color:#000000;min-width:11px;"> </td><td style="width: 13px; text-align:right;border-color:#000000;min-width:13px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: right;">$</font></td><td style="width: 65px; text-align:right;border-color:#000000;min-width:65px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;"> 522,358</font></td></tr><tr style="height: 17px"><td style="width: 232px; text-align:left;border-color:#000000;min-width:232px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: left;"> Goodwill impairment</font></td><td style="width: 13px; text-align:right;border-color:#000000;min-width:13px;"> </td><td style="width: 70px; text-align:right;border-color:#000000;min-width:70px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;"> -</font></td><td style="width: 11px; text-align:right;border-color:#000000;min-width:11px;"> </td><td style="width: 13px; text-align:right;border-color:#000000;min-width:13px;"> </td><td style="width: 64px; text-align:right;border-color:#000000;min-width:64px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;"> -</font></td><td style="width: 11px; text-align:right;border-color:#000000;min-width:11px;"> </td><td style="width: 13px; text-align:right;border-color:#000000;min-width:13px;"> </td><td style="width: 64px; text-align:right;border-color:#000000;min-width:64px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;"> -</font></td><td style="width: 11px; text-align:right;border-color:#000000;min-width:11px;"> </td><td style="width: 13px; text-align:right;border-color:#000000;min-width:13px;"> </td><td style="width: 59px; text-align:right;border-color:#000000;min-width:59px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;"> (9,400)</font></td><td style="width: 11px; text-align:right;border-color:#000000;min-width:11px;"> </td><td style="width: 13px; text-align:right;border-color:#000000;min-width:13px;"> </td><td style="width: 59px; text-align:right;border-color:#000000;min-width:59px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;"> -</font></td><td style="width: 11px; text-align:right;border-color:#000000;min-width:11px;"> </td><td style="width: 13px; text-align:right;border-color:#000000;min-width:13px;"> </td><td style="width: 65px; text-align:right;border-color:#000000;min-width:65px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;"> (9,400)</font></td></tr><tr style="height: 17px"><td style="width: 232px; text-align:left;border-color:#000000;min-width:232px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: left;"> Included in assets held for sale</font></td><td style="width: 13px; text-align:right;border-color:#000000;min-width:13px;"> </td><td style="width: 70px; text-align:right;border-color:#000000;min-width:70px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;"> -</font></td><td style="width: 11px; text-align:right;border-color:#000000;min-width:11px;"> </td><td style="width: 13px; text-align:right;border-color:#000000;min-width:13px;"> </td><td style="width: 64px; text-align:right;border-color:#000000;min-width:64px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;"> -</font></td><td style="width: 11px; text-align:right;border-color:#000000;min-width:11px;"> </td><td style="width: 13px; text-align:right;border-color:#000000;min-width:13px;"> </td><td style="width: 64px; text-align:right;border-color:#000000;min-width:64px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;"> -</font></td><td style="width: 11px; text-align:right;border-color:#000000;min-width:11px;"> </td><td style="width: 13px; text-align:right;border-color:#000000;min-width:13px;"> </td><td style="width: 59px; text-align:right;border-color:#000000;min-width:59px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;"> (3,342)</font></td><td style="width: 11px; text-align:right;border-color:#000000;min-width:11px;"> </td><td style="width: 13px; text-align:right;border-color:#000000;min-width:13px;"> </td><td style="width: 59px; text-align:right;border-color:#000000;min-width:59px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;"> -</font></td><td style="width: 11px; text-align:right;border-color:#000000;min-width:11px;"> </td><td style="width: 13px; text-align:right;border-color:#000000;min-width:13px;"> </td><td style="width: 65px; text-align:right;border-color:#000000;min-width:65px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;"> (3,342)</font></td></tr><tr style="height: 17px"><td style="width: 232px; text-align:left;border-color:#000000;min-width:232px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: left;"> Currency translation adjustment</font></td><td style="width: 13px; text-align:right;border-color:#000000;min-width:13px;"> </td><td style="width: 70px; text-align:right;border-color:#000000;min-width:70px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;"> -</font></td><td style="width: 11px; text-align:right;border-color:#000000;min-width:11px;"> </td><td style="width: 13px; text-align:right;border-color:#000000;min-width:13px;"> </td><td style="width: 64px; text-align:right;border-color:#000000;min-width:64px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;"> (22,204)</font></td><td style="width: 11px; text-align:right;border-color:#000000;min-width:11px;"> </td><td style="width: 13px; text-align:right;border-color:#000000;min-width:13px;"> </td><td style="width: 64px; text-align:right;border-color:#000000;min-width:64px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;"> 1,274</font></td><td style="width: 11px; text-align:right;border-color:#000000;min-width:11px;"> </td><td style="width: 13px; text-align:right;border-color:#000000;min-width:13px;"> </td><td style="width: 59px; text-align:right;border-color:#000000;min-width:59px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;"> -</font></td><td style="width: 11px; text-align:right;border-color:#000000;min-width:11px;"> </td><td style="width: 13px; text-align:right;border-color:#000000;min-width:13px;"> </td><td style="width: 59px; text-align:right;border-color:#000000;min-width:59px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;"> -</font></td><td style="width: 11px; text-align:right;border-color:#000000;min-width:11px;"> </td><td style="width: 13px; text-align:right;border-color:#000000;min-width:13px;"> </td><td style="width: 65px; text-align:right;border-color:#000000;min-width:65px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;"> (20,930)</font></td></tr><tr style="height: 18px"><td style="width: 232px; text-align:left;border-color:#000000;min-width:232px;"><font style="FONT-WEIGHT: bold;FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;">Goodwill as of February 28, 2010</font></td><td style="width: 13px; border-top-style:solid;border-top-width:1px;border-bottom-style:double;border-bottom-width:3px;text-align:right;border-color:#000000;min-width:13px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: right;">$</font></td><td style="width: 70px; border-top-style:solid;border-top-width:1px;border-bottom-style:double;border-bottom-width:3px;text-align:right;border-color:#000000;min-width:70px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;"> 37,018</font></td><td style="width: 11px; text-align:right;border-color:#000000;min-width:11px;"> </td><td style="width: 13px; border-top-style:solid;border-top-width:1px;border-bottom-style:double;border-bottom-width:3px;text-align:right;border-color:#000000;min-width:13px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: right;">$</font></td><td style="width: 64px; border-top-style:solid;border-top-width:1px;border-bottom-style:double;border-bottom-width:3px;text-align:right;border-color:#000000;min-width:64px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;"> 399,632</font></td><td style="width: 11px; text-align:right;border-color:#000000;min-width:11px;"> </td><td style="width: 13px; border-top-style:solid;border-top-width:1px;border-bottom-style:double;border-bottom-width:3px;text-align:right;border-color:#000000;min-width:13px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: right;">$</font></td><td style="width: 64px; border-top-style:solid;border-top-width:1px;border-bottom-style:double;border-bottom-width:3px;text-align:right;border-color:#000000;min-width:64px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;"> 35,145</font></td><td style="width: 11px; text-align:right;border-color:#000000;min-width:11px;"> </td><td style="width: 13px; border-top-style:solid;border-top-width:1px;border-bottom-style:double;border-bottom-width:3px;text-align:right;border-color:#000000;min-width:13px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: right;">$</font></td><td style="width: 59px; border-top-style:solid;border-top-width:1px;border-bottom-style:double;border-bottom-width:3px;text-align:right;border-color:#000000;min-width:59px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;"> -</font></td><td style="width: 11px; text-align:right;border-color:#000000;min-width:11px;"> </td><td style="width: 13px; border-top-style:solid;border-top-width:1px;border-bottom-style:double;border-bottom-width:3px;text-align:right;border-color:#000000;min-width:13px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: right;">$</font></td><td style="width: 59px; border-top-style:solid;border-top-width:1px;border-bottom-style:double;border-bottom-width:3px;text-align:right;border-color:#000000;min-width:59px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;"> 16,891</font></td><td style="width: 11px; text-align:right;border-color:#000000;min-width:11px;"> </td><td style="width: 13px; border-top-style:solid;border-top-width:1px;border-bottom-style:double;border-bottom-width:3px;text-align:right;border-color:#000000;min-width:13px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: right;">$</font></td><td style="width: 65px; border-top-style:solid;border-top-width:1px;border-bottom-style:double;border-bottom-width:3px;text-align:right;border-color:#000000;min-width:65px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;"> 488,686</font></td></tr></table></div><p style='margin-top: 0pt; margin-bottom: 0pt;'></p><p style='margin-top:12pt; margin-bottom:0pt'><font style="font-family:Times New Roman;font-size:10pt;margin-left:0px;">In the second quarter of fiscal year 2010, we began presenting Insight Schools' assets and liabilities as held for sale and its operating results as discontinued operations. </font><font style="font-family:Times New Roman;font-size:10pt;">Additionally, we recorded a $9.4 million impairment of Insight Schools</font><font style="font-family:Times New Roman;font-size:10pt;">'</font><font style="font-family:Times New Roman;font-size:10pt;"> goodwill</font><font style="font-family:Times New Roman;font-size:10pt;"> during the second quarter of fiscal year 2010</font><font style="font-family:Times New Roman;font-size:10pt;">. </font><font style="font-family:Times New Roman;font-size:10pt;">Refer to Note 3,</font><font style="font-family:Times New Roman;font-size:10pt;"> Discontinued Operations, </font><font style="font-family:Times New Roman;font-size:10pt;">for further discussion. </font></p><p style='margin-top:0pt; margin-bottom:0pt'> </p><p style='margin-top:0pt; margin-bottom:0pt'><font style="font-family:Times New Roman;font-size:10pt;margin-left:0px;">Intangible assets consist of the following as of </font><font style="font-family:Times New Roman;font-size:10pt;">February 28, 2010</font><font style="font-family:Times New Roman;font-size:10pt;"> and </font><font style="font-family:Times New Roman;font-size:10pt;">August 31, 2009</font><font style="font-family:Times New Roman;font-size:10pt;">:</font></p><p style='margin-top: 0pt; margin-bottom: 0pt;'></p><div><table style="border-collapse:collapse;margin-top:20px;"><tr style="height: 17px"><td style="width: 179px; text-align:left;background-color:#FFFFFF;border-color:#000000;min-width:179px;"> </td><td style="width: 4px; text-align:left;background-color:#FFFFFF;border-color:#000000;min-width:4px;"> </td><td colspan="11" style="width: 263px; border-bottom-style:solid;border-bottom-width:1px;text-align:center;background-color:#FFFFFF;border-color:#000000;min-width:263px;"><font style="FONT-WEIGHT: bold;FONT-FAMILY: Times New Roman;FONT-SIZE: 8pt;COLOR: #000000;TEXT-ALIGN: center;">February 28, 2010</font></td><td style="width: 6px; text-align:left;background-color:#FFFFFF;border-color:#000000;min-width:6px;"> </td><td colspan="11" style="width: 263px; border-bottom-style:solid;border-bottom-width:1px;text-align:center;background-color:#FFFFFF;border-color:#000000;min-width:263px;"><font style="FONT-WEIGHT: bold;FONT-FAMILY: Times New Roman;FONT-SIZE: 8pt;COLOR: #000000;TEXT-ALIGN: center;">August 31, 2009</font></td></tr><tr style="height: 16px"><td style="width: 179px; text-align:left;background-color:#FFFFFF;border-color:#000000;min-width:179px;"> </td><td style="width: 4px; text-align:left;background-color:#FFFFFF;border-color:#000000;min-width:4px;"> </td><td style="width: 10px; text-align:left;background-color:#FFFFFF;border-color:#000000;min-width:10px;"> </td><td style="width: 48px; text-align:left;background-color:#FFFFFF;border-color:#000000;min-width:48px;"> </td><td style="width: 4px; text-align:center;background-color:#FFFFFF;border-color:#000000;min-width:4px;"> </td><td colspan="2" style="width: 70px; text-align:center;background-color:#FFFFFF;border-color:#000000;min-width:70px;"> </td><td style="width: 4px; text-align:center;background-color:#FFFFFF;border-color:#000000;min-width:4px;"> </td><td colspan="2" style="width: 65px; text-align:center;background-color:#FFFFFF;border-color:#000000;min-width:65px;"><font style="FONT-WEIGHT: bold;FONT-FAMILY: Times New Roman;FONT-SIZE: 8pt;COLOR: #000000;TEXT-ALIGN: center;">Effect of</font></td><td style="width: 4px; text-align:center;background-color:#FFFFFF;border-color:#000000;min-width:4px;"> </td><td style="width: 10px; text-align:left;background-color:#FFFFFF;border-color:#000000;min-width:10px;"> </td><td style="width: 48px; text-align:left;background-color:#FFFFFF;border-color:#000000;min-width:48px;"> </td><td style="width: 6px; text-align:left;background-color:#FFFFFF;border-color:#000000;min-width:6px;"> </td><td style="width: 10px; text-align:left;background-color:#FFFFFF;border-color:#000000;min-width:10px;"> </td><td style="width: 48px; text-align:left;background-color:#FFFFFF;border-color:#000000;min-width:48px;"> </td><td style="width: 4px; text-align:center;background-color:#FFFFFF;border-color:#000000;min-width:4px;"> </td><td colspan="2" style="width: 70px; text-align:center;background-color:#FFFFFF;border-color:#000000;min-width:70px;"> </td><td style="width: 4px; text-align:center;background-color:#FFFFFF;border-color:#000000;min-width:4px;"> </td><td colspan="2" style="width: 65px; text-align:center;background-color:#FFFFFF;border-color:#000000;min-width:65px;"><font style="FONT-WEIGHT: bold;FONT-FAMILY: Times New Roman;FONT-SIZE: 8pt;COLOR: #000000;TEXT-ALIGN: center;">Effect of</font></td><td style="width: 4px; text-align:center;background-color:#FFFFFF;border-color:#000000;min-width:4px;"> </td><td style="width: 10px; text-align:left;background-color:#FFFFFF;border-color:#000000;min-width:10px;"> </td><td style="width: 48px; text-align:left;background-color:#FFFFFF;border-color:#000000;min-width:48px;"> </td></tr><tr style="height: 16px"><td style="width: 179px; text-align:left;background-color:#FFFFFF;border-color:#000000;min-width:179px;"> </td><td style="width: 4px; text-align:left;background-color:#FFFFFF;border-color:#000000;min-width:4px;"> </td><td colspan="2" style="width: 58px; text-align:center;background-color:#FFFFFF;border-color:#000000;min-width:58px;"><font style="FONT-WEIGHT: bold;FONT-FAMILY: Times New Roman;FONT-SIZE: 8pt;COLOR: #000000;TEXT-ALIGN: center;">Acquired</font></td><td style="width: 4px; text-align:center;background-color:#FFFFFF;border-color:#000000;min-width:4px;"> </td><td style="width: 10px; text-align:center;background-color:#FFFFFF;border-color:#000000;min-width:10px;"> </td><td style="width: 60px; text-align:center;background-color:#FFFFFF;border-color:#000000;min-width:60px;"> </td><td style="width: 4px; text-align:center;background-color:#FFFFFF;border-color:#000000;min-width:4px;"> </td><td colspan="2" style="width: 65px; text-align:center;background-color:#FFFFFF;border-color:#000000;min-width:65px;"><font style="FONT-WEIGHT: bold;FONT-FAMILY: Times New Roman;FONT-SIZE: 8pt;COLOR: #000000;TEXT-ALIGN: center;">Foreign</font></td><td style="width: 4px; text-align:center;background-color:#FFFFFF;border-color:#000000;min-width:4px;"> </td><td style="width: 10px; text-align:center;background-color:#FFFFFF;border-color:#000000;min-width:10px;"> </td><td style="width: 48px; text-align:center;background-color:#FFFFFF;border-color:#000000;min-width:48px;"> </td><td style="width: 6px; text-align:left;background-color:#FFFFFF;border-color:#000000;min-width:6px;"> </td><td colspan="2" style="width: 58px; text-align:center;background-color:#FFFFFF;border-color:#000000;min-width:58px;"><font style="FONT-WEIGHT: bold;FONT-FAMILY: Times New Roman;FONT-SIZE: 8pt;COLOR: #000000;TEXT-ALIGN: center;">Acquired</font></td><td style="width: 4px; text-align:center;background-color:#FFFFFF;border-color:#000000;min-width:4px;"> </td><td style="width: 10px; text-align:center;background-color:#FFFFFF;border-color:#000000;min-width:10px;"> </td><td style="width: 60px; text-align:center;background-color:#FFFFFF;border-color:#000000;min-width:60px;"> </td><td style="width: 4px; text-align:center;background-color:#FFFFFF;border-color:#000000;min-width:4px;"> </td><td colspan="2" style="width: 65px; text-align:center;background-color:#FFFFFF;border-color:#000000;min-width:65px;"><font style="FONT-WEIGHT: bold;FONT-FAMILY: Times New Roman;FONT-SIZE: 8pt;COLOR: #000000;TEXT-ALIGN: center;">Foreign</font></td><td style="width: 4px; text-align:center;background-color:#FFFFFF;border-color:#000000;min-width:4px;"> </td><td style="width: 10px; text-align:center;background-color:#FFFFFF;border-color:#000000;min-width:10px;"> </td><td style="width: 48px; text-align:center;background-color:#FFFFFF;border-color:#000000;min-width:48px;"> </td></tr><tr style="height: 16px"><td style="width: 179px; text-align:left;background-color:#FFFFFF;border-color:#000000;min-width:179px;"> </td><td style="width: 4px; text-align:left;background-color:#FFFFFF;border-color:#000000;min-width:4px;"> </td><td colspan="2" style="width: 58px; text-align:center;background-color:#FFFFFF;border-color:#000000;min-width:58px;"><font style="FONT-WEIGHT: bold;FONT-FAMILY: Times New Roman;FONT-SIZE: 8pt;COLOR: #000000;TEXT-ALIGN: center;">Gross </font></td><td style="width: 4px; text-align:center;background-color:#FFFFFF;border-color:#000000;min-width:4px;"> </td><td style="width: 10px; text-align:left;background-color:#FFFFFF;border-color:#000000;min-width:10px;"> </td><td style="width: 60px; text-align:left;background-color:#FFFFFF;border-color:#000000;min-width:60px;"> </td><td style="width: 4px; text-align:center;background-color:#FFFFFF;border-color:#000000;min-width:4px;"> </td><td colspan="2" style="width: 65px; text-align:center;background-color:#FFFFFF;border-color:#000000;min-width:65px;"><font style="FONT-WEIGHT: bold;FONT-FAMILY: Times New Roman;FONT-SIZE: 8pt;COLOR: #000000;TEXT-ALIGN: center;">Currency</font></td><td style="width: 4px; text-align:center;background-color:#FFFFFF;border-color:#000000;min-width:4px;"> </td><td colspan="2" style="width: 58px; text-align:center;background-color:#FFFFFF;border-color:#000000;min-width:58px;"><font style="FONT-WEIGHT: bold;FONT-FAMILY: Times New Roman;FONT-SIZE: 8pt;COLOR: #000000;TEXT-ALIGN: center;">Net </font></td><td style="width: 6px; text-align:left;background-color:#FFFFFF;border-color:#000000;min-width:6px;"> </td><td colspan="2" style="width: 58px; text-align:center;background-color:#FFFFFF;border-color:#000000;min-width:58px;"><font style="FONT-WEIGHT: bold;FONT-FAMILY: Times New Roman;FONT-SIZE: 8pt;COLOR: #000000;TEXT-ALIGN: center;">Gross </font></td><td style="width: 4px; text-align:center;background-color:#FFFFFF;border-color:#000000;min-width:4px;"> </td><td style="width: 10px; text-align:left;background-color:#FFFFFF;border-color:#000000;min-width:10px;"> </td><td style="width: 60px; text-align:left;background-color:#FFFFFF;border-color:#000000;min-width:60px;"> </td><td style="width: 4px; text-align:center;background-color:#FFFFFF;border-color:#000000;min-width:4px;"> </td><td colspan="2" style="width: 65px; text-align:center;background-color:#FFFFFF;border-color:#000000;min-width:65px;"><font style="FONT-WEIGHT: bold;FONT-FAMILY: Times New Roman;FONT-SIZE: 8pt;COLOR: #000000;TEXT-ALIGN: center;">Currency</font></td><td style="width: 4px; text-align:center;background-color:#FFFFFF;border-color:#000000;min-width:4px;"> </td><td colspan="2" style="width: 58px; text-align:center;background-color:#FFFFFF;border-color:#000000;min-width:58px;"><font style="FONT-WEIGHT: bold;FONT-FAMILY: Times New Roman;FONT-SIZE: 8pt;COLOR: #000000;TEXT-ALIGN: center;">Net </font></td></tr><tr style="height: 16px"><td style="width: 179px; text-align:left;background-color:#FFFFFF;border-color:#000000;min-width:179px;"> </td><td style="width: 4px; text-align:left;background-color:#FFFFFF;border-color:#000000;min-width:4px;"> </td><td colspan="2" style="width: 58px; text-align:center;background-color:#FFFFFF;border-color:#000000;min-width:58px;"><font style="FONT-WEIGHT: bold;FONT-FAMILY: Times New Roman;FONT-SIZE: 8pt;COLOR: #000000;TEXT-ALIGN: center;">Carrying </font></td><td style="width: 4px; text-align:center;background-color:#FFFFFF;border-color:#000000;min-width:4px;"> </td><td colspan="2" style="width: 70px; text-align:center;background-color:#FFFFFF;border-color:#000000;min-width:70px;"><font style="FONT-WEIGHT: bold;FONT-FAMILY: Times New Roman;FONT-SIZE: 8pt;COLOR: #000000;TEXT-ALIGN: center;">Accumulated</font></td><td style="width: 4px; text-align:center;background-color:#FFFFFF;border-color:#000000;min-width:4px;"> </td><td colspan="2" style="width: 65px; text-align:center;background-color:#FFFFFF;border-color:#000000;min-width:65px;"><font style="FONT-WEIGHT: bold;FONT-FAMILY: Times New Roman;FONT-SIZE: 8pt;COLOR: #000000;TEXT-ALIGN: center;">Translation</font></td><td style="width: 4px; text-align:center;background-color:#FFFFFF;border-color:#000000;min-width:4px;"> </td><td colspan="2" style="width: 58px; text-align:center;background-color:#FFFFFF;border-color:#000000;min-width:58px;"><font style="FONT-WEIGHT: bold;FONT-FAMILY: Times New Roman;FONT-SIZE: 8pt;COLOR: #000000;TEXT-ALIGN: center;">Carrying </font></td><td style="width: 6px; text-align:left;background-color:#FFFFFF;border-color:#000000;min-width:6px;"> </td><td colspan="2" style="width: 58px; text-align:center;background-color:#FFFFFF;border-color:#000000;min-width:58px;"><font style="FONT-WEIGHT: bold;FONT-FAMILY: Times New Roman;FONT-SIZE: 8pt;COLOR: #000000;TEXT-ALIGN: center;">Carrying </font></td><td style="width: 4px; text-align:center;background-color:#FFFFFF;border-color:#000000;min-width:4px;"> </td><td colspan="2" style="width: 70px; text-align:center;background-color:#FFFFFF;border-color:#000000;min-width:70px;"><font style="FONT-WEIGHT: bold;FONT-FAMILY: Times New Roman;FONT-SIZE: 8pt;COLOR: #000000;TEXT-ALIGN: center;">Accumulated</font></td><td style="width: 4px; text-align:center;background-color:#FFFFFF;border-color:#000000;min-width:4px;"> </td><td colspan="2" style="width: 65px; text-align:center;background-color:#FFFFFF;border-color:#000000;min-width:65px;"><font style="FONT-WEIGHT: bold;FONT-FAMILY: Times New Roman;FONT-SIZE: 8pt;COLOR: #000000;TEXT-ALIGN: center;">Translation</font></td><td style="width: 4px; text-align:center;background-color:#FFFFFF;border-color:#000000;min-width:4px;"> </td><td colspan="2" style="width: 58px; text-align:center;background-color:#FFFFFF;border-color:#000000;min-width:58px;"><font style="FONT-WEIGHT: bold;FONT-FAMILY: Times New Roman;FONT-SIZE: 8pt;COLOR: #000000;TEXT-ALIGN: center;">Carrying </font></td></tr><tr style="height: 16px"><td style="width: 179px; text-align:left;background-color:#FFFFFF;border-color:#000000;min-width:179px;"> </td><td style="width: 4px; text-align:left;background-color:#FFFFFF;border-color:#000000;min-width:4px;"> </td><td colspan="2" style="width: 58px; border-bottom-style:solid;border-bottom-width:1px;text-align:center;background-color:#FFFFFF;border-color:#000000;min-width:58px;"><font style="FONT-WEIGHT: bold;FONT-FAMILY: Times New Roman;FONT-SIZE: 8pt;COLOR: #000000;TEXT-ALIGN: center;">Amount</font></td><td style="width: 4px; text-align:center;background-color:#FFFFFF;border-color:#000000;min-width:4px;"> </td><td colspan="2" style="width: 70px; border-bottom-style:solid;border-bottom-width:1px;text-align:center;background-color:#FFFFFF;border-color:#000000;min-width:70px;"><font style="FONT-WEIGHT: bold;FONT-FAMILY: Times New Roman;FONT-SIZE: 8pt;COLOR: #000000;TEXT-ALIGN: center;">Amortization</font></td><td style="width: 4px; text-align:center;background-color:#FFFFFF;border-color:#000000;min-width:4px;"> </td><td colspan="2" style="width: 65px; border-bottom-style:solid;border-bottom-width:1px;text-align:center;background-color:#FFFFFF;border-color:#000000;min-width:65px;"><font style="FONT-WEIGHT: bold;FONT-FAMILY: Times New Roman;FONT-SIZE: 8pt;COLOR: #000000;TEXT-ALIGN: center;">Loss</font></td><td style="width: 4px; text-align:center;background-color:#FFFFFF;border-color:#000000;min-width:4px;"> </td><td colspan="2" style="width: 58px; border-bottom-style:solid;border-bottom-width:1px;text-align:center;background-color:#FFFFFF;border-color:#000000;min-width:58px;"><font style="FONT-WEIGHT: bold;FONT-FAMILY: Times New Roman;FONT-SIZE: 8pt;COLOR: #000000;TEXT-ALIGN: center;">Amount</font></td><td style="width: 6px; text-align:left;background-color:#FFFFFF;border-color:#000000;min-width:6px;"> </td><td colspan="2" style="width: 58px; border-bottom-style:solid;border-bottom-width:1px;text-align:center;background-color:#FFFFFF;border-color:#000000;min-width:58px;"><font style="FONT-WEIGHT: bold;FONT-FAMILY: Times New Roman;FONT-SIZE: 8pt;COLOR: #000000;TEXT-ALIGN: center;">Amount</font></td><td style="width: 4px; text-align:center;background-color:#FFFFFF;border-color:#000000;min-width:4px;"> </td><td colspan="2" style="width: 70px; border-bottom-style:solid;border-bottom-width:1px;text-align:center;background-color:#FFFFFF;border-color:#000000;min-width:70px;"><font style="FONT-WEIGHT: bold;FONT-FAMILY: Times New Roman;FONT-SIZE: 8pt;COLOR: #000000;TEXT-ALIGN: center;">Amortization</font></td><td style="width: 4px; text-align:center;background-color:#FFFFFF;border-color:#000000;min-width:4px;"> </td><td colspan="2" style="width: 65px; border-bottom-style:solid;border-bottom-width:1px;text-align:center;background-color:#FFFFFF;border-color:#000000;min-width:65px;"><font style="FONT-WEIGHT: bold;FONT-FAMILY: Times New Roman;FONT-SIZE: 8pt;COLOR: #000000;TEXT-ALIGN: center;">Loss</font></td><td style="width: 4px; text-align:center;background-color:#FFFFFF;border-color:#000000;min-width:4px;"> </td><td colspan="2" style="width: 58px; border-bottom-style:solid;border-bottom-width:1px;text-align:center;background-color:#FFFFFF;border-color:#000000;min-width:58px;"><font style="FONT-WEIGHT: bold;FONT-FAMILY: Times New Roman;FONT-SIZE: 8pt;COLOR: #000000;TEXT-ALIGN: center;">Amount</font></td></tr><tr style="height: 16px"><td style="width: 179px; text-align:left;background-color:#FFFFFF;border-color:#000000;min-width:179px;"><font style="FONT-STYLE: italic;FONT-FAMILY: Times New Roman;FONT-SIZE: 7pt;COLOR: #000000;TEXT-ALIGN: left;">($ in thousands)</font></td><td style="width: 4px; text-align:left;background-color:#FFFFFF;border-color:#000000;min-width:4px;"> </td><td style="width: 10px; text-align:left;background-color:#FFFFFF;border-color:#000000;min-width:10px;"> </td><td style="width: 48px; text-align:center;background-color:#FFFFFF;border-color:#000000;min-width:48px;"> </td><td style="width: 4px; text-align:center;background-color:#FFFFFF;border-color:#000000;min-width:4px;"> </td><td style="width: 10px; text-align:center;background-color:#FFFFFF;border-color:#000000;min-width:10px;"> </td><td style="width: 60px; text-align:center;background-color:#FFFFFF;border-color:#000000;min-width:60px;"> </td><td style="width: 4px; text-align:center;background-color:#FFFFFF;border-color:#000000;min-width:4px;"> </td><td style="width: 10px; text-align:center;background-color:#FFFFFF;border-color:#000000;min-width:10px;"> </td><td style="width: 55px; text-align:center;background-color:#FFFFFF;border-color:#000000;min-width:55px;"> </td><td style="width: 4px; text-align:center;background-color:#FFFFFF;border-color:#000000;min-width:4px;"> </td><td style="width: 10px; text-align:center;background-color:#FFFFFF;border-color:#000000;min-width:10px;"> </td><td style="width: 48px; text-align:center;background-color:#FFFFFF;border-color:#000000;min-width:48px;"> </td><td style="width: 6px; text-align:left;background-color:#FFFFFF;border-color:#000000;min-width:6px;"> </td><td style="width: 10px; text-align:left;background-color:#FFFFFF;border-color:#000000;min-width:10px;"> </td><td style="width: 48px; text-align:center;background-color:#FFFFFF;border-color:#000000;min-width:48px;"> </td><td style="width: 4px; text-align:center;background-color:#FFFFFF;border-color:#000000;min-width:4px;"> </td><td style="width: 10px; text-align:center;background-color:#FFFFFF;border-color:#000000;min-width:10px;"> </td><td style="width: 60px; text-align:center;background-color:#FFFFFF;border-color:#000000;min-width:60px;"> </td><td style="width: 4px; text-align:center;background-color:#FFFFFF;border-color:#000000;min-width:4px;"> </td><td style="width: 10px; text-align:center;background-color:#FFFFFF;border-color:#000000;min-width:10px;"> </td><td style="width: 55px; text-align:center;background-color:#FFFFFF;border-color:#000000;min-width:55px;"> </td><td style="width: 4px; text-align:center;background-color:#FFFFFF;border-color:#000000;min-width:4px;"> </td><td style="width: 10px; text-align:center;background-color:#FFFFFF;border-color:#000000;min-width:10px;"> </td><td style="width: 48px; text-align:center;background-color:#FFFFFF;border-color:#000000;min-width:48px;"> </td></tr><tr style="height: 16px"><td style="width: 179px; text-align:left;background-color:#FFFFFF;border-color:#000000;min-width:179px;"><font style="FONT-WEIGHT: bold;FONT-FAMILY: Times New Roman;FONT-SIZE: 8pt;COLOR: #000000;">Finite-lived intangible assets</font></td><td style="width: 4px; text-align:left;background-color:#FFFFFF;border-color:#000000;min-width:4px;"> </td><td style="width: 10px; text-align:left;background-color:#FFFFFF;border-color:#000000;min-width:10px;"> </td><td style="width: 48px; text-align:center;background-color:#FFFFFF;border-color:#000000;min-width:48px;"> </td><td style="width: 4px; text-align:center;background-color:#FFFFFF;border-color:#000000;min-width:4px;"> </td><td style="width: 10px; text-align:center;background-color:#FFFFFF;border-color:#000000;min-width:10px;"> </td><td style="width: 60px; text-align:center;background-color:#FFFFFF;border-color:#000000;min-width:60px;"> </td><td style="width: 4px; text-align:center;background-color:#FFFFFF;border-color:#000000;min-width:4px;"> </td><td style="width: 10px; text-align:center;background-color:#FFFFFF;border-color:#000000;min-width:10px;"> </td><td style="width: 55px; text-align:center;background-color:#FFFFFF;border-color:#000000;min-width:55px;"> </td><td style="width: 4px; text-align:center;background-color:#FFFFFF;border-color:#000000;min-width:4px;"> </td><td style="width: 10px; text-align:center;background-color:#FFFFFF;border-color:#000000;min-width:10px;"> </td><td style="width: 48px; text-align:center;background-color:#FFFFFF;border-color:#000000;min-width:48px;"> </td><td style="width: 6px; text-align:left;background-color:#FFFFFF;border-color:#000000;min-width:6px;"> </td><td style="width: 10px; text-align:left;background-color:#FFFFFF;border-color:#000000;min-width:10px;"> </td><td style="width: 48px; text-align:center;background-color:#FFFFFF;border-color:#000000;min-width:48px;"> </td><td style="width: 4px; text-align:center;background-color:#FFFFFF;border-color:#000000;min-width:4px;"> </td><td style="width: 10px; text-align:center;background-color:#FFFFFF;border-color:#000000;min-width:10px;"> </td><td style="width: 60px; text-align:center;background-color:#FFFFFF;border-color:#000000;min-width:60px;"> </td><td style="width: 4px; text-align:center;background-color:#FFFFFF;border-color:#000000;min-width:4px;"> </td><td style="width: 10px; text-align:center;background-color:#FFFFFF;border-color:#000000;min-width:10px;"> </td><td style="width: 55px; text-align:center;background-color:#FFFFFF;border-color:#000000;min-width:55px;"> </td><td style="width: 4px; text-align:center;background-color:#FFFFFF;border-color:#000000;min-width:4px;"> </td><td style="width: 10px; text-align:center;background-color:#FFFFFF;border-color:#000000;min-width:10px;"> </td><td style="width: 48px; text-align:center;background-color:#FFFFFF;border-color:#000000;min-width:48px;"> </td></tr><tr style="height: 16px"><td style="width: 179px; text-align:left;background-color:#FFFFFF;border-color:#000000;min-width:179px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 8pt;COLOR: #000000;"> Student and customer relationships</font></td><td style="width: 4px; text-align:left;background-color:#FFFFFF;border-color:#000000;min-width:4px;"> </td><td style="width: 10px; text-align:right;background-color:#FFFFFF;border-color:#000000;min-width:10px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 8pt;COLOR: #000000;TEXT-ALIGN: right;">$</font></td><td style="width: 48px; text-align:right;background-color:#FFFFFF;border-color:#000000;min-width:48px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 8pt;COLOR: #000000;"> 26,515</font></td><td style="width: 4px; text-align:left;background-color:#FFFFFF;border-color:#000000;min-width:4px;"> </td><td style="width: 10px; text-align:left;background-color:#FFFFFF;border-color:#000000;min-width:10px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 8pt;COLOR: #000000;">$</font></td><td style="width: 60px; text-align:right;background-color:#FFFFFF;border-color:#000000;min-width:60px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 8pt;COLOR: #000000;"> (12,173)</font></td><td style="width: 4px; text-align:left;background-color:#FFFFFF;border-color:#000000;min-width:4px;"> </td><td style="width: 10px; text-align:left;background-color:#FFFFFF;border-color:#000000;min-width:10px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 8pt;COLOR: #000000;">$</font></td><td style="width: 55px; text-align:right;background-color:#FFFFFF;border-color:#000000;min-width:55px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 8pt;COLOR: #000000;"> (1,694)</font></td><td style="width: 4px; text-align:left;background-color:#FFFFFF;border-color:#000000;min-width:4px;"> </td><td style="width: 10px; text-align:left;background-color:#FFFFFF;border-color:#000000;min-width:10px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 8pt;COLOR: #000000;">$</font></td><td style="width: 48px; text-align:right;background-color:#FFFFFF;border-color:#000000;min-width:48px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 8pt;COLOR: #000000;"> 12,648</font></td><td style="width: 6px; text-align:left;background-color:#FFFFFF;border-color:#000000;min-width:6px;"> </td><td style="width: 10px; text-align:left;background-color:#FFFFFF;border-color:#000000;min-width:10px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 8pt;COLOR: #000000;">$</font></td><td style="width: 48px; text-align:right;background-color:#FFFFFF;border-color:#000000;min-width:48px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 8pt;COLOR: #000000;"> 26,515</font></td><td style="width: 4px; text-align:left;background-color:#FFFFFF;border-color:#000000;min-width:4px;"> </td><td style="width: 10px; text-align:left;background-color:#FFFFFF;border-color:#000000;min-width:10px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 8pt;COLOR: #000000;">$</font></td><td style="width: 60px; text-align:right;background-color:#FFFFFF;border-color:#000000;min-width:60px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 8pt;COLOR: #000000;"> (4,224)</font></td><td style="width: 4px; text-align:left;background-color:#FFFFFF;border-color:#000000;min-width:4px;"> </td><td style="width: 10px; text-align:left;background-color:#FFFFFF;border-color:#000000;min-width:10px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 8pt;COLOR: #000000;">$</font></td><td style="width: 55px; text-align:right;background-color:#FFFFFF;border-color:#000000;min-width:55px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 8pt;COLOR: #000000;"> (1,282)</font></td><td style="width: 4px; text-align:left;background-color:#FFFFFF;border-color:#000000;min-width:4px;"> </td><td style="width: 10px; text-align:left;background-color:#FFFFFF;border-color:#000000;min-width:10px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 8pt;COLOR: #000000;">$</font></td><td style="width: 48px; text-align:right;background-color:#FFFFFF;border-color:#000000;min-width:48px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 8pt;COLOR: #000000;"> 21,009</font></td></tr><tr style="height: 16px"><td style="width: 179px; text-align:left;background-color:#FFFFFF;border-color:#000000;min-width:179px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 8pt;COLOR: #000000;"> Copyrights</font></td><td style="width: 4px; text-align:left;background-color:#FFFFFF;border-color:#000000;min-width:4px;"> </td><td style="width: 10px; text-align:right;background-color:#FFFFFF;border-color:#000000;min-width:10px;"> </td><td style="width: 48px; text-align:right;background-color:#FFFFFF;border-color:#000000;min-width:48px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 8pt;COLOR: #000000;"> 20,891</font></td><td style="width: 4px; text-align:left;background-color:#FFFFFF;border-color:#000000;min-width:4px;"> </td><td style="width: 10px; text-align:left;background-color:#FFFFFF;border-color:#000000;min-width:10px;"> </td><td style="width: 60px; text-align:right;background-color:#FFFFFF;border-color:#000000;min-width:60px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 8pt;COLOR: #000000;"> (3,368)</font></td><td style="width: 4px; text-align:left;background-color:#FFFFFF;border-color:#000000;min-width:4px;"> </td><td style="width: 10px; text-align:left;background-color:#FFFFFF;border-color:#000000;min-width:10px;"> </td><td style="width: 55px; text-align:right;background-color:#FFFFFF;border-color:#000000;min-width:55px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 8pt;COLOR: #000000;"> (1,103)</font></td><td style="width: 4px; text-align:left;background-color:#FFFFFF;border-color:#000000;min-width:4px;"> </td><td style="width: 10px; text-align:left;background-color:#FFFFFF;border-color:#000000;min-width:10px;"> </td><td style="width: 48px; text-align:right;background-color:#FFFFFF;border-color:#000000;min-width:48px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 8pt;COLOR: #000000;"> 16,420</font></td><td style="width: 6px; text-align:left;background-color:#FFFFFF;border-color:#000000;min-width:6px;"> </td><td style="width: 10px; text-align:left;background-color:#FFFFFF;border-color:#000000;min-width:10px;"> </td><td style="width: 48px; text-align:right;background-color:#FFFFFF;border-color:#000000;min-width:48px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 8pt;COLOR: #000000;"> 20,891</font></td><td style="width: 4px; text-align:left;background-color:#FFFFFF;border-color:#000000;min-width:4px;"> </td><td style="width: 10px; text-align:left;background-color:#FFFFFF;border-color:#000000;min-width:10px;"> </td><td style="width: 60px; text-align:right;background-color:#FFFFFF;border-color:#000000;min-width:60px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 8pt;COLOR: #000000;"> (488)</font></td><td style="width: 4px; text-align:left;background-color:#FFFFFF;border-color:#000000;min-width:4px;"> </td><td style="width: 10px; text-align:left;background-color:#FFFFFF;border-color:#000000;min-width:10px;"> </td><td style="width: 55px; text-align:right;background-color:#FFFFFF;border-color:#000000;min-width:55px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 8pt;COLOR: #000000;"> (198)</font></td><td style="width: 4px; text-align:left;background-color:#FFFFFF;border-color:#000000;min-width:4px;"> </td><td style="width: 10px; text-align:left;background-color:#FFFFFF;border-color:#000000;min-width:10px;"> </td><td style="width: 48px; text-align:right;background-color:#FFFFFF;border-color:#000000;min-width:48px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 8pt;COLOR: #000000;"> 20,205</font></td></tr><tr style="height: 16px"><td style="width: 179px; text-align:left;background-color:#FFFFFF;border-color:#000000;min-width:179px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 8pt;COLOR: #000000;"> Other</font></td><td style="width: 4px; text-align:left;background-color:#FFFFFF;border-color:#000000;min-width:4px;"> </td><td style="width: 10px; text-align:left;background-color:#FFFFFF;border-color:#000000;min-width:10px;"> </td><td style="width: 48px; text-align:right;background-color:#FFFFFF;border-color:#000000;min-width:48px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 8pt;COLOR: #000000;"> 20,676</font></td><td style="width: 4px; text-align:left;background-color:#FFFFFF;border-color:#000000;min-width:4px;"> </td><td style="width: 10px; text-align:left;background-color:#FFFFFF;border-color:#000000;min-width:10px;"> </td><td style="width: 60px; text-align:right;background-color:#FFFFFF;border-color:#000000;min-width:60px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 8pt;COLOR: #000000;"> (6,793)</font></td><td style="width: 4px; text-align:left;background-color:#FFFFFF;border-color:#000000;min-width:4px;"> </td><td style="width: 10px; text-align:left;background-color:#FFFFFF;border-color:#000000;min-width:10px;"> </td><td style="width: 55px; text-align:right;background-color:#FFFFFF;border-color:#000000;min-width:55px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 8pt;COLOR: #000000;"> (1,336)</font></td><td style="width: 4px; text-align:left;background-color:#FFFFFF;border-color:#000000;min-width:4px;"> </td><td style="width: 10px; text-align:left;background-color:#FFFFFF;border-color:#000000;min-width:10px;"> </td><td style="width: 48px; text-align:right;background-color:#FFFFFF;border-color:#000000;min-width:48px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 8pt;COLOR: #000000;"> 12,547</font></td><td style="width: 6px; text-align:left;background-color:#FFFFFF;border-color:#000000;min-width:6px;"> </td><td style="width: 10px; text-align:left;background-color:#FFFFFF;border-color:#000000;min-width:10px;"> </td><td style="width: 48px; text-align:right;background-color:#FFFFFF;border-color:#000000;min-width:48px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 8pt;COLOR: #000000;"> 23,317</font></td><td style="width: 4px; text-align:left;background-color:#FFFFFF;border-color:#000000;min-width:4px;"> </td><td style="width: 10px; text-align:left;background-color:#FFFFFF;border-color:#000000;min-width:10px;"> </td><td style="width: 60px; text-align:right;background-color:#FFFFFF;border-color:#000000;min-width:60px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 8pt;COLOR: #000000;"> (5,233)</font></td><td style="width: 4px; text-align:left;background-color:#FFFFFF;border-color:#000000;min-width:4px;"> </td><td style="width: 10px; text-align:left;background-color:#FFFFFF;border-color:#000000;min-width:10px;"> </td><td style="width: 55px; text-align:right;background-color:#FFFFFF;border-color:#000000;min-width:55px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 8pt;COLOR: #000000;"> (1,117)</font></td><td style="width: 4px; text-align:left;background-color:#FFFFFF;border-color:#000000;min-width:4px;"> </td><td style="width: 10px; text-align:left;background-color:#FFFFFF;border-color:#000000;min-width:10px;"> </td><td style="width: 48px; text-align:right;background-color:#FFFFFF;border-color:#000000;min-width:48px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 8pt;COLOR: #000000;"> 16,967</font></td></tr><tr style="height: 16px"><td style="width: 179px; text-align:left;background-color:#FFFFFF;border-color:#000000;min-width:179px;"><font style="FONT-WEIGHT: bold;FONT-FAMILY: Times New Roman;FONT-SIZE: 8pt;COLOR: #000000;">Total finite-lived intangible assets</font></td><td style="width: 4px; text-align:left;background-color:#FFFFFF;border-color:#000000;min-width:4px;"> </td><td style="width: 10px; border-top-style:solid;border-top-width:1px;border-bottom-style:solid;border-bottom-width:1px;text-align:left;background-color:#FFFFFF;border-color:#000000;min-width:10px;"> </td><td style="width: 48px; border-top-style:solid;border-top-width:1px;border-bottom-style:solid;border-bottom-width:1px;text-align:right;background-color:#FFFFFF;border-color:#000000;min-width:48px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 8pt;COLOR: #000000;"> 68,082</font></td><td style="width: 4px; text-align:left;background-color:#FFFFFF;border-color:#000000;min-width:4px;"> </td><td style="width: 10px; border-top-style:solid;border-top-width:1px;border-bottom-style:solid;border-bottom-width:1px;text-align:left;background-color:#FFFFFF;border-color:#000000;min-width:10px;"> </td><td style="width: 60px; border-top-style:solid;border-top-width:1px;border-bottom-style:solid;border-bottom-width:1px;text-align:right;background-color:#FFFFFF;border-color:#000000;min-width:60px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 8pt;COLOR: #000000;"> (22,334)</font></td><td style="width: 4px; text-align:left;background-color:#FFFFFF;border-color:#000000;min-width:4px;"> </td><td style="width: 10px; border-top-style:solid;border-top-width:1px;border-bottom-style:solid;border-bottom-width:1px;text-align:left;background-color:#FFFFFF;border-color:#000000;min-width:10px;"> </td><td style="width: 55px; border-top-style:solid;border-top-width:1px;border-bottom-style:solid;border-bottom-width:1px;text-align:right;background-color:#FFFFFF;border-color:#000000;min-width:55px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 8pt;COLOR: #000000;"> (4,133)</font></td><td style="width: 4px; text-align:left;background-color:#FFFFFF;border-color:#000000;min-width:4px;"> </td><td style="width: 10px; border-top-style:solid;border-top-width:1px;border-bottom-style:solid;border-bottom-width:1px;text-align:left;background-color:#FFFFFF;border-color:#000000;min-width:10px;"> </td><td style="width: 48px; border-top-style:solid;border-top-width:1px;border-bottom-style:solid;border-bottom-width:1px;text-align:right;background-color:#FFFFFF;border-color:#000000;min-width:48px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 8pt;COLOR: #000000;"> 41,615</font></td><td style="width: 6px; text-align:left;background-color:#FFFFFF;border-color:#000000;min-width:6px;"> </td><td style="width: 10px; border-top-style:solid;border-top-width:1px;border-bottom-style:solid;border-bottom-width:1px;text-align:left;background-color:#FFFFFF;border-color:#000000;min-width:10px;"> </td><td style="width: 48px; border-top-style:solid;border-top-width:1px;border-bottom-style:solid;border-bottom-width:1px;text-align:right;background-color:#FFFFFF;border-color:#000000;min-width:48px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 8pt;COLOR: #000000;"> 70,723</font></td><td style="width: 4px; text-align:left;background-color:#FFFFFF;border-color:#000000;min-width:4px;"> </td><td style="width: 10px; border-top-style:solid;border-top-width:1px;border-bottom-style:solid;border-bottom-width:1px;text-align:left;background-color:#FFFFFF;border-color:#000000;min-width:10px;"> </td><td style="width: 60px; border-top-style:solid;border-top-width:1px;border-bottom-style:solid;border-bottom-width:1px;text-align:right;background-color:#FFFFFF;border-color:#000000;min-width:60px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 8pt;COLOR: #000000;"> (9,945)</font></td><td style="width: 4px; text-align:left;background-color:#FFFFFF;border-color:#000000;min-width:4px;"> </td><td style="width: 10px; border-top-style:solid;border-top-width:1px;border-bottom-style:solid;border-bottom-width:1px;text-align:left;background-color:#FFFFFF;border-color:#000000;min-width:10px;"> </td><td style="width: 55px; border-top-style:solid;border-top-width:1px;border-bottom-style:solid;border-bottom-width:1px;text-align:right;background-color:#FFFFFF;border-color:#000000;min-width:55px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 8pt;COLOR: #000000;"> (2,597)</font></td><td style="width: 4px; text-align:left;background-color:#FFFFFF;border-color:#000000;min-width:4px;"> </td><td style="width: 10px; border-top-style:solid;border-top-width:1px;border-bottom-style:solid;border-bottom-width:1px;text-align:left;background-color:#FFFFFF;border-color:#000000;min-width:10px;"> </td><td style="width: 48px; border-top-style:solid;border-top-width:1px;border-bottom-style:solid;border-bottom-width:1px;text-align:right;background-color:#FFFFFF;border-color:#000000;min-width:48px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 8pt;COLOR: #000000;"> 58,181</font></td></tr><tr style="height: 16px"><td style="width: 179px; text-align:left;background-color:#FFFFFF;border-color:#000000;min-width:179px;"> </td><td style="width: 4px; text-align:left;background-color:#FFFFFF;border-color:#000000;min-width:4px;"> </td><td style="width: 10px; text-align:left;background-color:#FFFFFF;border-color:#000000;min-width:10px;"> </td><td style="width: 48px; text-align:left;background-color:#FFFFFF;border-color:#000000;min-width:48px;"> </td><td style="width: 4px; text-align:left;background-color:#FFFFFF;border-color:#000000;min-width:4px;"> </td><td style="width: 10px; text-align:left;background-color:#FFFFFF;border-color:#000000;min-width:10px;"> </td><td style="width: 60px; text-align:left;background-color:#FFFFFF;border-color:#000000;min-width:60px;"> </td><td style="width: 4px; text-align:left;background-color:#FFFFFF;border-color:#000000;min-width:4px;"> </td><td style="width: 10px; text-align:left;background-color:#FFFFFF;border-color:#000000;min-width:10px;"> </td><td style="width: 55px; text-align:left;background-color:#FFFFFF;border-color:#000000;min-width:55px;"> </td><td style="width: 4px; text-align:left;background-color:#FFFFFF;border-color:#000000;min-width:4px;"> </td><td style="width: 10px; text-align:left;background-color:#FFFFFF;border-color:#000000;min-width:10px;"> </td><td style="width: 48px; text-align:left;background-color:#FFFFFF;border-color:#000000;min-width:48px;"> </td><td style="width: 6px; text-align:left;background-color:#FFFFFF;border-color:#000000;min-width:6px;"> </td><td style="width: 10px; text-align:left;background-color:#FFFFFF;border-color:#000000;min-width:10px;"> </td><td style="width: 48px; text-align:left;background-color:#FFFFFF;border-color:#000000;min-width:48px;"> </td><td style="width: 4px; text-align:left;background-color:#FFFFFF;border-color:#000000;min-width:4px;"> </td><td style="width: 10px; text-align:left;background-color:#FFFFFF;border-color:#000000;min-width:10px;"> </td><td style="width: 60px; text-align:left;background-color:#FFFFFF;border-color:#000000;min-width:60px;"> </td><td style="width: 4px; text-align:left;background-color:#FFFFFF;border-color:#000000;min-width:4px;"> </td><td style="width: 10px; text-align:left;background-color:#FFFFFF;border-color:#000000;min-width:10px;"> </td><td style="width: 55px; text-align:left;background-color:#FFFFFF;border-color:#000000;min-width:55px;"> </td><td style="width: 4px; text-align:left;background-color:#FFFFFF;border-color:#000000;min-width:4px;"> </td><td style="width: 10px; text-align:left;background-color:#FFFFFF;border-color:#000000;min-width:10px;"> </td><td style="width: 48px; text-align:left;background-color:#FFFFFF;border-color:#000000;min-width:48px;"> </td></tr><tr style="height: 16px"><td style="width: 179px; text-align:left;background-color:#FFFFFF;border-color:#000000;min-width:179px;"><font style="FONT-WEIGHT: bold;FONT-FAMILY: Times New Roman;FONT-SIZE: 8pt;COLOR: #000000;">Indefinite-lived intangible assets</font></td><td style="width: 4px; text-align:left;background-color:#FFFFFF;border-color:#000000;min-width:4px;"> </td><td style="width: 10px; text-align:left;background-color:#FFFFFF;border-color:#000000;min-width:10px;"> </td><td style="width: 48px; text-align:left;background-color:#FFFFFF;border-color:#000000;min-width:48px;"> </td><td style="width: 4px; text-align:left;background-color:#FFFFFF;border-color:#000000;min-width:4px;"> </td><td style="width: 10px; text-align:left;background-color:#FFFFFF;border-color:#000000;min-width:10px;"> </td><td style="width: 60px; text-align:left;background-color:#FFFFFF;border-color:#000000;min-width:60px;"> </td><td style="width: 4px; text-align:left;background-color:#FFFFFF;border-color:#000000;min-width:4px;"> </td><td style="width: 10px; text-align:left;background-color:#FFFFFF;border-color:#000000;min-width:10px;"> </td><td style="width: 55px; text-align:left;background-color:#FFFFFF;border-color:#000000;min-width:55px;"> </td><td style="width: 4px; text-align:left;background-color:#FFFFFF;border-color:#000000;min-width:4px;"> </td><td style="width: 10px; text-align:left;background-color:#FFFFFF;border-color:#000000;min-width:10px;"> </td><td style="width: 48px; text-align:left;background-color:#FFFFFF;border-color:#000000;min-width:48px;"> </td><td style="width: 6px; text-align:left;background-color:#FFFFFF;border-color:#000000;min-width:6px;"> </td><td style="width: 10px; text-align:left;background-color:#FFFFFF;border-color:#000000;min-width:10px;"> </td><td style="width: 48px; text-align:left;background-color:#FFFFFF;border-color:#000000;min-width:48px;"> </td><td style="width: 4px; text-align:left;background-color:#FFFFFF;border-color:#000000;min-width:4px;"> </td><td style="width: 10px; text-align:left;background-color:#FFFFFF;border-color:#000000;min-width:10px;"> </td><td style="width: 60px; text-align:left;background-color:#FFFFFF;border-color:#000000;min-width:60px;"> </td><td style="width: 4px; text-align:left;background-color:#FFFFFF;border-color:#000000;min-width:4px;"> </td><td style="width: 10px; text-align:left;background-color:#FFFFFF;border-color:#000000;min-width:10px;"> </td><td style="width: 55px; text-align:left;background-color:#FFFFFF;border-color:#000000;min-width:55px;"> </td><td style="width: 4px; text-align:left;background-color:#FFFFFF;border-color:#000000;min-width:4px;"> </td><td style="width: 10px; text-align:left;background-color:#FFFFFF;border-color:#000000;min-width:10px;"> </td><td style="width: 48px; text-align:left;background-color:#FFFFFF;border-color:#000000;min-width:48px;"> </td></tr><tr style="height: 16px"><td style="width: 179px; text-align:left;background-color:#FFFFFF;border-color:#000000;min-width:179px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 8pt;COLOR: #000000;"> Trademarks </font></td><td style="width: 4px; text-align:left;background-color:#FFFFFF;border-color:#000000;min-width:4px;"> </td><td style="width: 10px; text-align:left;background-color:#FFFFFF;border-color:#000000;min-width:10px;"> </td><td style="width: 48px; text-align:right;background-color:#FFFFFF;border-color:#000000;min-width:48px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 8pt;COLOR: #000000;"> 140,797</font></td><td style="width: 4px; text-align:left;background-color:#FFFFFF;border-color:#000000;min-width:4px;"> </td><td style="width: 10px; text-align:left;background-color:#FFFFFF;border-color:#000000;min-width:10px;"> </td><td style="width: 60px; text-align:right;background-color:#FFFFFF;border-color:#000000;min-width:60px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 8pt;COLOR: #000000;"> -</font></td><td style="width: 4px; text-align:left;background-color:#FFFFFF;border-color:#000000;min-width:4px;"> </td><td style="width: 10px; text-align:left;background-color:#FFFFFF;border-color:#000000;min-width:10px;"> </td><td style="width: 55px; text-align:right;background-color:#FFFFFF;border-color:#000000;min-width:55px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 8pt;COLOR: #000000;"> (9,150)</font></td><td style="width: 4px; text-align:left;background-color:#FFFFFF;border-color:#000000;min-width:4px;"> </td><td style="width: 10px; text-align:left;background-color:#FFFFFF;border-color:#000000;min-width:10px;"> </td><td style="width: 48px; text-align:right;background-color:#FFFFFF;border-color:#000000;min-width:48px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 8pt;COLOR: #000000;"> 131,647</font></td><td style="width: 6px; text-align:left;background-color:#FFFFFF;border-color:#000000;min-width:6px;"> </td><td style="width: 10px; text-align:left;background-color:#FFFFFF;border-color:#000000;min-width:10px;"> </td><td style="width: 48px; text-align:right;background-color:#FFFFFF;border-color:#000000;min-width:48px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 8pt;COLOR: #000000;"> 140,797</font></td><td style="width: 4px; text-align:left;background-color:#FFFFFF;border-color:#000000;min-width:4px;"> </td><td style="width: 10px; text-align:left;background-color:#FFFFFF;border-color:#000000;min-width:10px;"> </td><td style="width: 60px; text-align:right;background-color:#FFFFFF;border-color:#000000;min-width:60px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 8pt;COLOR: #000000;"> -</font></td><td style="width: 4px; text-align:left;background-color:#FFFFFF;border-color:#000000;min-width:4px;"> </td><td style="width: 10px; text-align:left;background-color:#FFFFFF;border-color:#000000;min-width:10px;"> </td><td style="width: 55px; text-align:right;background-color:#FFFFFF;border-color:#000000;min-width:55px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 8pt;COLOR: #000000;"> (2,441)</font></td><td style="width: 4px; text-align:left;background-color:#FFFFFF;border-color:#000000;min-width:4px;"> </td><td style="width: 10px; text-align:left;background-color:#FFFFFF;border-color:#000000;min-width:10px;"> </td><td style="width: 48px; text-align:right;background-color:#FFFFFF;border-color:#000000;min-width:48px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 8pt;COLOR: #000000;"> 138,356</font></td></tr><tr style="height: 16px"><td style="width: 179px; text-align:left;background-color:#FFFFFF;border-color:#000000;min-width:179px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 8pt;COLOR: #000000;"> Accreditations and designations</font></td><td style="width: 4px; text-align:left;background-color:#FFFFFF;border-color:#000000;min-width:4px;"> </td><td style="width: 10px; border-bottom-style:solid;border-bottom-width:1px;text-align:left;background-color:#FFFFFF;border-color:#000000;min-width:10px;"> </td><td style="width: 48px; border-bottom-style:solid;border-bottom-width:1px;text-align:right;background-color:#FFFFFF;border-color:#000000;min-width:48px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 8pt;COLOR: #000000;"> 7,456</font></td><td style="width: 4px; text-align:left;background-color:#FFFFFF;border-color:#000000;min-width:4px;"> </td><td style="width: 10px; border-bottom-style:solid;border-bottom-width:1px;text-align:left;background-color:#FFFFFF;border-color:#000000;min-width:10px;"> </td><td style="width: 60px; border-bottom-style:solid;border-bottom-width:1px;text-align:right;background-color:#FFFFFF;border-color:#000000;min-width:60px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 8pt;COLOR: #000000;"> -</font></td><td style="width: 4px; text-align:left;background-color:#FFFFFF;border-color:#000000;min-width:4px;"> </td><td style="width: 10px; border-bottom-style:solid;border-bottom-width:1px;text-align:left;background-color:#FFFFFF;border-color:#000000;min-width:10px;"> </td><td style="width: 55px; border-bottom-style:solid;border-bottom-width:1px;text-align:right;background-color:#FFFFFF;border-color:#000000;min-width:55px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 8pt;COLOR: #000000;"> (563)</font></td><td style="width: 4px; text-align:left;background-color:#FFFFFF;border-color:#000000;min-width:4px;"> </td><td style="width: 10px; border-bottom-style:solid;border-bottom-width:1px;text-align:left;background-color:#FFFFFF;border-color:#000000;min-width:10px;"> </td><td style="width: 48px; border-bottom-style:solid;border-bottom-width:1px;text-align:right;background-color:#FFFFFF;border-color:#000000;min-width:48px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 8pt;COLOR: #000000;"> 6,893</font></td><td style="width: 6px; text-align:left;background-color:#FFFFFF;border-color:#000000;min-width:6px;"> </td><td style="width: 10px; border-bottom-style:solid;border-bottom-width:1px;text-align:left;background-color:#FFFFFF;border-color:#000000;min-width:10px;"> </td><td style="width: 48px; border-bottom-style:solid;border-bottom-width:1px;text-align:right;background-color:#FFFFFF;border-color:#000000;min-width:48px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 8pt;COLOR: #000000;"> 7,456</font></td><td style="width: 4px; text-align:left;background-color:#FFFFFF;border-color:#000000;min-width:4px;"> </td><td style="width: 10px; border-bottom-style:solid;border-bottom-width:1px;text-align:left;background-color:#FFFFFF;border-color:#000000;min-width:10px;"> </td><td style="width: 60px; border-bottom-style:solid;border-bottom-width:1px;text-align:right;background-color:#FFFFFF;border-color:#000000;min-width:60px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 8pt;COLOR: #000000;"> -</font></td><td style="width: 4px; text-align:left;background-color:#FFFFFF;border-color:#000000;min-width:4px;"> </td><td style="width: 10px; border-bottom-style:solid;border-bottom-width:1px;text-align:left;background-color:#FFFFFF;border-color:#000000;min-width:10px;"> </td><td style="width: 55px; border-bottom-style:solid;border-bottom-width:1px;text-align:right;background-color:#FFFFFF;border-color:#000000;min-width:55px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 8pt;COLOR: #000000;"> (322)</font></td><td style="width: 4px; text-align:left;background-color:#FFFFFF;border-color:#000000;min-width:4px;"> </td><td style="width: 10px; border-bottom-style:solid;border-bottom-width:1px;text-align:left;background-color:#FFFFFF;border-color:#000000;min-width:10px;"> </td><td style="width: 48px; border-bottom-style:solid;border-bottom-width:1px;text-align:right;background-color:#FFFFFF;border-color:#000000;min-width:48px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 8pt;COLOR: #000000;"> 7,134</font></td></tr><tr style="height: 16px"><td style="width: 179px; text-align:left;background-color:#FFFFFF;border-color:#000000;min-width:179px;"><font style="FONT-WEIGHT: bold;FONT-FAMILY: Times New Roman;FONT-SIZE: 8pt;COLOR: #000000;">Total indefinite-lived intangible assets</font></td><td style="width: 4px; text-align:left;background-color:#FFFFFF;border-color:#000000;min-width:4px;"> </td><td style="width: 10px; text-align:left;background-color:#FFFFFF;border-color:#000000;min-width:10px;"> </td><td style="width: 48px; text-align:right;background-color:#FFFFFF;border-color:#000000;min-width:48px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 8pt;COLOR: #000000;"> 148,253</font></td><td style="width: 4px; text-align:left;background-color:#FFFFFF;border-color:#000000;min-width:4px;"> </td><td style="width: 10px; text-align:left;background-color:#FFFFFF;border-color:#000000;min-width:10px;"> </td><td style="width: 60px; text-align:right;background-color:#FFFFFF;border-color:#000000;min-width:60px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 8pt;COLOR: #000000;"> -</font></td><td style="width: 4px; text-align:left;background-color:#FFFFFF;border-color:#000000;min-width:4px;"> </td><td style="width: 10px; text-align:left;background-color:#FFFFFF;border-color:#000000;min-width:10px;"> </td><td style="width: 55px; text-align:right;background-color:#FFFFFF;border-color:#000000;min-width:55px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 8pt;COLOR: #000000;"> (9,713)</font></td><td style="width: 4px; text-align:left;background-color:#FFFFFF;border-color:#000000;min-width:4px;"> </td><td style="width: 10px; text-align:left;background-color:#FFFFFF;border-color:#000000;min-width:10px;"> </td><td style="width: 48px; text-align:right;background-color:#FFFFFF;border-color:#000000;min-width:48px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 8pt;COLOR: #000000;"> 138,540</font></td><td style="width: 6px; text-align:left;background-color:#FFFFFF;border-color:#000000;min-width:6px;"> </td><td style="width: 10px; text-align:left;background-color:#FFFFFF;border-color:#000000;min-width:10px;"> </td><td style="width: 48px; text-align:right;background-color:#FFFFFF;border-color:#000000;min-width:48px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 8pt;COLOR: #000000;"> 148,253</font></td><td style="width: 4px; text-align:left;background-color:#FFFFFF;border-color:#000000;min-width:4px;"> </td><td style="width: 10px; text-align:left;background-color:#FFFFFF;border-color:#000000;min-width:10px;"> </td><td style="width: 60px; text-align:right;background-color:#FFFFFF;border-color:#000000;min-width:60px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 8pt;COLOR: #000000;"> -</font></td><td style="width: 4px; text-align:left;background-color:#FFFFFF;border-color:#000000;min-width:4px;"> </td><td style="width: 10px; text-align:left;background-color:#FFFFFF;border-color:#000000;min-width:10px;"> </td><td style="width: 55px; text-align:right;background-color:#FFFFFF;border-color:#000000;min-width:55px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 8pt;COLOR: #000000;"> (2,763)</font></td><td style="width: 4px; text-align:left;background-color:#FFFFFF;border-color:#000000;min-width:4px;"> </td><td style="width: 10px; text-align:left;background-color:#FFFFFF;border-color:#000000;min-width:10px;"> </td><td style="width: 48px; text-align:right;background-color:#FFFFFF;border-color:#000000;min-width:48px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 8pt;COLOR: #000000;"> 145,490</font></td></tr><tr style="height: 17px"><td style="width: 179px; text-align:left;background-color:#FFFFFF;border-color:#000000;min-width:179px;"><font style="FONT-WEIGHT: bold;FONT-FAMILY: Times New Roman;FONT-SIZE: 8pt;COLOR: #000000;">Total intangible assets, net</font></td><td style="width: 4px; text-align:left;background-color:#FFFFFF;border-color:#000000;min-width:4px;"> </td><td style="width: 10px; border-top-style:solid;border-top-width:1px;border-bottom-style:double;border-bottom-width:3px;text-align:right;background-color:#FFFFFF;border-color:#000000;min-width:10px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 8pt;COLOR: #000000;TEXT-ALIGN: right;">$</font></td><td style="width: 48px; border-top-style:solid;border-top-width:1px;border-bottom-style:double;border-bottom-width:3px;text-align:right;background-color:#FFFFFF;border-color:#000000;min-width:48px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 8pt;COLOR: #000000;"> 216,335</font></td><td style="width: 4px; text-align:left;background-color:#FFFFFF;border-color:#000000;min-width:4px;"> </td><td style="width: 10px; border-top-style:solid;border-top-width:1px;border-bottom-style:double;border-bottom-width:3px;text-align:left;background-color:#FFFFFF;border-color:#000000;min-width:10px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 8pt;COLOR: #000000;">$</font></td><td style="width: 60px; border-top-style:solid;border-top-width:1px;border-bottom-style:double;border-bottom-width:3px;text-align:right;background-color:#FFFFFF;border-color:#000000;min-width:60px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 8pt;COLOR: #000000;"> (22,334)</font></td><td style="width: 4px; text-align:left;background-color:#FFFFFF;border-color:#000000;min-width:4px;"> </td><td style="width: 10px; border-top-style:solid;border-top-width:1px;border-bottom-style:double;border-bottom-width:3px;text-align:left;background-color:#FFFFFF;border-color:#000000;min-width:10px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 8pt;COLOR: #000000;">$</font></td><td style="width: 55px; border-top-style:solid;border-top-width:1px;border-bottom-style:double;border-bottom-width:3px;text-align:right;background-color:#FFFFFF;border-color:#000000;min-width:55px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 8pt;COLOR: #000000;"> (13,846)</font></td><td style="width: 4px; text-align:left;background-color:#FFFFFF;border-color:#000000;min-width:4px;"> </td><td style="width: 10px; border-top-style:solid;border-top-width:1px;border-bottom-style:double;border-bottom-width:3px;text-align:left;background-color:#FFFFFF;border-color:#000000;min-width:10px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 8pt;COLOR: #000000;">$</font></td><td style="width: 48px; border-top-style:solid;border-top-width:1px;border-bottom-style:double;border-bottom-width:3px;text-align:right;background-color:#FFFFFF;border-color:#000000;min-width:48px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 8pt;COLOR: #000000;"> 180,155</font></td><td style="width: 6px; text-align:left;background-color:#FFFFFF;border-color:#000000;min-width:6px;"> </td><td style="width: 10px; border-top-style:solid;border-top-width:1px;border-bottom-style:double;border-bottom-width:3px;text-align:left;background-color:#FFFFFF;border-color:#000000;min-width:10px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 8pt;COLOR: #000000;">$</font></td><td style="width: 48px; border-top-style:solid;border-top-width:1px;border-bottom-style:double;border-bottom-width:3px;text-align:right;background-color:#FFFFFF;border-color:#000000;min-width:48px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 8pt;COLOR: #000000;"> 218,976</font></td><td style="width: 4px; text-align:left;background-color:#FFFFFF;border-color:#000000;min-width:4px;"> </td><td style="width: 10px; border-top-style:solid;border-top-width:1px;border-bottom-style:double;border-bottom-width:3px;text-align:left;background-color:#FFFFFF;border-color:#000000;min-width:10px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 8pt;COLOR: #000000;">$</font></td><td style="width: 60px; border-top-style:solid;border-top-width:1px;border-bottom-style:double;border-bottom-width:3px;text-align:right;background-color:#FFFFFF;border-color:#000000;min-width:60px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 8pt;COLOR: #000000;"> (9,945)</font></td><td style="width: 4px; text-align:left;background-color:#FFFFFF;border-color:#000000;min-width:4px;"> </td><td style="width: 10px; border-top-style:solid;border-top-width:1px;border-bottom-style:double;border-bottom-width:3px;text-align:left;background-color:#FFFFFF;border-color:#000000;min-width:10px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 8pt;COLOR: #000000;">$</font></td><td style="width: 55px; border-top-style:solid;border-top-width:1px;border-bottom-style:double;border-bottom-width:3px;text-align:right;background-color:#FFFFFF;border-color:#000000;min-width:55px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 8pt;COLOR: #000000;"> (5,360)</font></td><td style="width: 4px; text-align:left;background-color:#FFFFFF;border-color:#000000;min-width:4px;"> </td><td style="width: 10px; border-top-style:solid;border-top-width:1px;border-bottom-style:double;border-bottom-width:3px;text-align:left;background-color:#FFFFFF;border-color:#000000;min-width:10px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 8pt;COLOR: #000000;">$</font></td><td style="width: 48px; border-top-style:solid;border-top-width:1px;border-bottom-style:double;border-bottom-width:3px;text-align:right;background-color:#FFFFFF;border-color:#000000;min-width:48px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 8pt;COLOR: #000000;"> 203,671</font></td></tr></table></div><p style='margin-top: 0pt; margin-bottom: 0pt;'></p><p style='margin-top:12pt; margin-bottom:0pt'><font style="font-family:Times New Roman;font-size:10pt;margin-left:0px;">Finite-lived intangible assets are amortized on either a straight-line basis or using an accelerated method to reflect the economic useful life of the asset. The weighted average useful lives range from </font><font style="font-family:Times New Roman;font-size:10pt;">2 to 15</font><font style="font-family:Times New Roman;font-size:10pt;"> years. Amortization expense for intangible asset</font><font style="font-family:Times New Roman;font-size:10pt;">s for the </font><font style="font-family:Times New Roman;font-size:10pt;">three months ended</font><font style="font-family:Times New Roman;font-size:10pt;"> </font><font style="font-family:Times New Roman;font-size:10pt;">February 28, 2010</font><font style="font-family:Times New Roman;font-size:10pt;"> and </font><font style="font-family:Times New Roman;font-size:10pt;">2009</font><font style="font-family:Times New Roman;font-size:10pt;"> </font><font style="font-family:Times New Roman;font-size:10pt;">was </font><font style="font-family:Times New Roman;font-size:10pt;">$6.5</font><font style="font-family:Times New Roman;font-size:10pt;"> million</font><font style="font-family:Times New Roman;font-size:10pt;"> and</font><font style="font-family:Times New Roman;font-size:10pt;"> </font><font style="font-family:Times New Roman;font-size:10pt;">$1.0</font><font style="font-family:Times New Roman;font-size:10pt;"> million</font><font style="font-family:Times New Roman;font-size:10pt;">, respectively</font><font style="font-family:Times New Roman;font-size:10pt;">, and for the six months ended</font><font style="font-family:Times New Roman;font-size:10pt;"> February 28, 2010 and 2009 was $14.0</font><font style="font-family:Times New Roman;font-size:10pt;"> million</font><font style="font-family:Times New Roman;font-size:10pt;"> and $1.9 million, respectively.</font></p>
<p style='margin-top:0pt; margin-bottom:0pt'><font style="font-family:Times New Roman;font-size:10pt;font-weight:bold;margin-left:0px;">Note 7. </font><font style="font-family:Times New Roman;font-size:10pt;font-weight:bold;">Fair Value Measurements</font></p><p style='margin-top:0pt; margin-bottom:0pt'> </p><p style='margin-top:0pt; margin-bottom:0pt'><font style="font-family:Times New Roman;font-size:10pt;margin-left:0px;">Assets</font><font style="font-family:Times New Roman;font-size:10pt;"> and liabilities</font><font style="font-family:Times New Roman;font-size:10pt;"> measured at fair value on a recurring basis consist of the following as of </font><font style="font-family:Times New Roman;font-size:10pt;">February 28, 2010</font><font style="font-family:Times New Roman;font-size:10pt;">:</font></p><p style='margin-top: 0pt; margin-bottom: 0pt;'></p><div><table style="border-collapse:collapse;margin-top:20px;"><tr style="height: 15px"><td style="width: 317px; text-align:left;background-color:#FFFFFF;border-color:#000000;min-width:317px;"> </td><td style="width: 13px; text-align:left;background-color:#FFFFFF;border-color:#000000;min-width:13px;"> </td><td style="width: 72px; text-align:left;background-color:#FFFFFF;border-color:#000000;min-width:72px;"> </td><td style="width: 13px; text-align:left;background-color:#FFFFFF;border-color:#000000;min-width:13px;"> </td><td colspan="8" style="width: 314px; border-bottom-style:solid;border-bottom-width:1px;text-align:center;background-color:#FFFFFF;border-color:#000000;min-width:314px;"><font style="FONT-WEIGHT: bold;FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: center;">Fair Value Measurements at Reporting Date Using</font></td></tr><tr style="height: 17px"><td style="width: 317px; text-align:left;background-color:#FFFFFF;border-color:#000000;min-width:317px;"><font style="FONT-STYLE: italic;FONT-FAMILY: Times New Roman;FONT-SIZE: 8pt;COLOR: #000000;">($ in thousands)</font></td><td colspan="2" style="width: 85px; border-bottom-style:solid;border-bottom-width:1px;text-align:center;background-color:#FFFFFF;border-color:#000000;min-width:85px;"><font style="FONT-WEIGHT: bold;FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: center;">February 28, 2010</font></td><td style="width: 13px; text-align:center;background-color:#FFFFFF;border-color:#000000;min-width:13px;"> </td><td colspan="2" style="width: 96px; border-bottom-style:solid;border-bottom-width:1px;text-align:center;background-color:#FFFFFF;border-color:#000000;min-width:96px;"><font style="FONT-WEIGHT: bold;FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: center;">Quoted Prices in Active Markets for Identical Assets/ Liabilities
(Level 1)</font></td><td style="width: 13px; text-align:center;background-color:#FFFFFF;border-color:#000000;min-width:13px;"> </td><td colspan="2" style="width: 96px; border-bottom-style:solid;border-bottom-width:1px;text-align:center;background-color:#FFFFFF;border-color:#000000;min-width:96px;"><font style="FONT-WEIGHT: bold;FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: center;">Significant Other Observable Inputs
(Level 2)</font></td><td style="width: 13px; text-align:center;background-color:#FFFFFF;border-color:#000000;min-width:13px;"> </td><td colspan="2" style="width: 96px; border-bottom-style:solid;border-bottom-width:1px;text-align:center;background-color:#FFFFFF;border-color:#000000;min-width:96px;"><font style="FONT-WEIGHT: bold;FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: center;">Significant Unobservable Inputs
(Level 3)</font></td></tr><tr style="height: 17px"><td style="width: 317px; text-align:left;background-color:#FFFFFF;border-color:#000000;min-width:317px;"><font style="FONT-WEIGHT: bold;FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;">Assets:</font></td><td style="width: 13px; text-align:left;background-color:#FFFFFF;border-color:#000000;min-width:13px;"> </td><td style="width: 72px; text-align:right;background-color:#FFFFFF;border-color:#000000;min-width:72px;"> </td><td style="width: 13px; text-align:right;background-color:#FFFFFF;border-color:#000000;min-width:13px;"> </td><td style="width: 13px; text-align:right;background-color:#FFFFFF;border-color:#000000;min-width:13px;"> </td><td style="width: 83px; text-align:right;background-color:#FFFFFF;border-color:#000000;min-width:83px;"> </td><td style="width: 13px; text-align:right;background-color:#FFFFFF;border-color:#000000;min-width:13px;"> </td><td style="width: 13px; text-align:right;background-color:#FFFFFF;border-color:#000000;min-width:13px;"> </td><td style="width: 83px; text-align:right;background-color:#FFFFFF;border-color:#000000;min-width:83px;"> </td><td style="width: 13px; text-align:right;background-color:#FFFFFF;border-color:#000000;min-width:13px;"> </td><td style="width: 13px; text-align:right;background-color:#FFFFFF;border-color:#000000;min-width:13px;"> </td><td style="width: 83px; text-align:right;background-color:#FFFFFF;border-color:#000000;min-width:83px;"> </td></tr><tr style="height: 17px"><td style="width: 317px; text-align:left;background-color:#FFFFFF;border-color:#000000;min-width:317px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;">Cash equivalents (including restricted cash equivalents):</font></td><td style="width: 13px; text-align:left;background-color:#FFFFFF;border-color:#000000;min-width:13px;"> </td><td style="width: 72px; text-align:right;background-color:#FFFFFF;border-color:#000000;min-width:72px;"> </td><td style="width: 13px; text-align:right;background-color:#FFFFFF;border-color:#000000;min-width:13px;"> </td><td style="width: 13px; text-align:right;background-color:#FFFFFF;border-color:#000000;min-width:13px;"> </td><td style="width: 83px; text-align:right;background-color:#FFFFFF;border-color:#000000;min-width:83px;"> </td><td style="width: 13px; text-align:right;background-color:#FFFFFF;border-color:#000000;min-width:13px;"> </td><td style="width: 13px; text-align:right;background-color:#FFFFFF;border-color:#000000;min-width:13px;"> </td><td style="width: 83px; text-align:right;background-color:#FFFFFF;border-color:#000000;min-width:83px;"> </td><td style="width: 13px; text-align:right;background-color:#FFFFFF;border-color:#000000;min-width:13px;"> </td><td style="width: 13px; text-align:right;background-color:#FFFFFF;border-color:#000000;min-width:13px;"> </td><td style="width: 83px; text-align:right;background-color:#FFFFFF;border-color:#000000;min-width:83px;"> </td></tr><tr style="height: 17px"><td style="width: 317px; text-align:left;background-color:#FFFFFF;border-color:#000000;min-width:317px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;"> Money market funds</font></td><td style="width: 13px; text-align:right;background-color:#FFFFFF;border-color:#000000;min-width:13px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: right;">$</font></td><td style="width: 72px; text-align:right;background-color:#FFFFFF;border-color:#000000;min-width:72px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;"> 1,161,995</font></td><td style="width: 13px; text-align:right;background-color:#FFFFFF;border-color:#000000;min-width:13px;"> </td><td style="width: 13px; text-align:right;background-color:#FFFFFF;border-color:#000000;min-width:13px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: right;">$</font></td><td style="width: 83px; text-align:right;background-color:#FFFFFF;border-color:#000000;min-width:83px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;"> 1,161,995</font></td><td style="width: 13px; text-align:right;background-color:#FFFFFF;border-color:#000000;min-width:13px;"> </td><td style="width: 13px; text-align:right;background-color:#FFFFFF;border-color:#000000;min-width:13px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: right;">$</font></td><td style="width: 83px; text-align:right;background-color:#FFFFFF;border-color:#000000;min-width:83px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;"> -</font></td><td style="width: 13px; text-align:right;background-color:#FFFFFF;border-color:#000000;min-width:13px;"> </td><td style="width: 13px; text-align:right;background-color:#FFFFFF;border-color:#000000;min-width:13px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: right;">$</font></td><td style="width: 83px; text-align:right;background-color:#FFFFFF;border-color:#000000;min-width:83px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;"> -</font></td></tr><tr style="height: 17px"><td style="width: 317px; text-align:left;background-color:#FFFFFF;border-color:#000000;min-width:317px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;">Marketable securities:</font></td><td style="width: 13px; text-align:right;background-color:#FFFFFF;border-color:#000000;min-width:13px;"> </td><td style="width: 72px; text-align:left;background-color:#FFFFFF;border-color:#000000;min-width:72px;"> </td><td style="width: 13px; text-align:right;background-color:#FFFFFF;border-color:#000000;min-width:13px;"> </td><td style="width: 13px; text-align:right;background-color:#FFFFFF;border-color:#000000;min-width:13px;"> </td><td style="width: 83px; text-align:left;background-color:#FFFFFF;border-color:#000000;min-width:83px;"> </td><td style="width: 13px; text-align:right;background-color:#FFFFFF;border-color:#000000;min-width:13px;"> </td><td style="width: 13px; text-align:right;background-color:#FFFFFF;border-color:#000000;min-width:13px;"> </td><td style="width: 83px; text-align:left;background-color:#FFFFFF;border-color:#000000;min-width:83px;"> </td><td style="width: 13px; text-align:right;background-color:#FFFFFF;border-color:#000000;min-width:13px;"> </td><td style="width: 13px; text-align:right;background-color:#FFFFFF;border-color:#000000;min-width:13px;"> </td><td style="width: 83px; text-align:left;background-color:#FFFFFF;border-color:#000000;min-width:83px;"> </td></tr><tr style="height: 17px"><td style="width: 317px; text-align:left;background-color:#FFFFFF;border-color:#000000;min-width:317px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;"> Auction-rate securities</font></td><td style="width: 13px; text-align:right;background-color:#FFFFFF;border-color:#000000;min-width:13px;"> </td><td style="width: 72px; text-align:right;background-color:#FFFFFF;border-color:#000000;min-width:72px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;"> 19,579</font></td><td style="width: 13px; text-align:right;background-color:#FFFFFF;border-color:#000000;min-width:13px;"> </td><td style="width: 13px; text-align:right;background-color:#FFFFFF;border-color:#000000;min-width:13px;"> </td><td style="width: 83px; text-align:right;background-color:#FFFFFF;border-color:#000000;min-width:83px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;"> -</font></td><td style="width: 13px; text-align:right;background-color:#FFFFFF;border-color:#000000;min-width:13px;"> </td><td style="width: 13px; text-align:right;background-color:#FFFFFF;border-color:#000000;min-width:13px;"> </td><td style="width: 83px; text-align:right;background-color:#FFFFFF;border-color:#000000;min-width:83px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;"> -</font></td><td style="width: 13px; text-align:right;background-color:#FFFFFF;border-color:#000000;min-width:13px;"> </td><td style="width: 13px; text-align:right;background-color:#FFFFFF;border-color:#000000;min-width:13px;"> </td><td style="width: 83px; text-align:right;background-color:#FFFFFF;border-color:#000000;min-width:83px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;"> 19,579</font></td></tr><tr style="height: 18px"><td style="width: 317px; text-align:left;background-color:#FFFFFF;border-color:#000000;min-width:317px;"><font style="FONT-WEIGHT: bold;FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;">Total assets:</font></td><td style="width: 13px; border-top-style:solid;border-top-width:1px;border-bottom-style:double;border-bottom-width:3px;text-align:right;background-color:#FFFFFF;border-color:#000000;min-width:13px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: right;">$</font></td><td style="width: 72px; border-top-style:solid;border-top-width:1px;border-bottom-style:double;border-bottom-width:3px;text-align:right;background-color:#FFFFFF;border-color:#000000;min-width:72px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;"> 1,181,574</font></td><td style="width: 13px; text-align:right;background-color:#FFFFFF;border-color:#000000;min-width:13px;"> </td><td style="width: 13px; border-top-style:solid;border-top-width:1px;border-bottom-style:double;border-bottom-width:3px;text-align:right;background-color:#FFFFFF;border-color:#000000;min-width:13px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: right;">$</font></td><td style="width: 83px; border-top-style:solid;border-top-width:1px;border-bottom-style:double;border-bottom-width:3px;text-align:right;background-color:#FFFFFF;border-color:#000000;min-width:83px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;"> 1,161,995</font></td><td style="width: 13px; text-align:right;background-color:#FFFFFF;border-color:#000000;min-width:13px;"> </td><td style="width: 13px; border-top-style:solid;border-top-width:1px;border-bottom-style:double;border-bottom-width:3px;text-align:right;background-color:#FFFFFF;border-color:#000000;min-width:13px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: right;">$</font></td><td style="width: 83px; border-top-style:solid;border-top-width:1px;border-bottom-style:double;border-bottom-width:3px;text-align:right;background-color:#FFFFFF;border-color:#000000;min-width:83px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;"> -</font></td><td style="width: 13px; text-align:right;background-color:#FFFFFF;border-color:#000000;min-width:13px;"> </td><td style="width: 13px; border-top-style:solid;border-top-width:1px;border-bottom-style:double;border-bottom-width:3px;text-align:right;background-color:#FFFFFF;border-color:#000000;min-width:13px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: right;">$</font></td><td style="width: 83px; border-top-style:solid;border-top-width:1px;border-bottom-style:double;border-bottom-width:3px;text-align:right;background-color:#FFFFFF;border-color:#000000;min-width:83px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;"> 19,579</font></td></tr><tr style="height: 18px"><td style="width: 317px; text-align:left;background-color:#FFFFFF;border-color:#000000;min-width:317px;"> </td><td style="width: 13px; text-align:right;background-color:#FFFFFF;border-color:#000000;min-width:13px;"> </td><td style="width: 72px; text-align:left;background-color:#FFFFFF;border-color:#000000;min-width:72px;"> </td><td style="width: 13px; text-align:right;background-color:#FFFFFF;border-color:#000000;min-width:13px;"> </td><td style="width: 13px; text-align:right;background-color:#FFFFFF;border-color:#000000;min-width:13px;"> </td><td style="width: 83px; text-align:left;background-color:#FFFFFF;border-color:#000000;min-width:83px;"> </td><td style="width: 13px; text-align:right;background-color:#FFFFFF;border-color:#000000;min-width:13px;"> </td><td style="width: 13px; text-align:right;background-color:#FFFFFF;border-color:#000000;min-width:13px;"> </td><td style="width: 83px; text-align:left;background-color:#FFFFFF;border-color:#000000;min-width:83px;"> </td><td style="width: 13px; text-align:right;background-color:#FFFFFF;border-color:#000000;min-width:13px;"> </td><td style="width: 13px; text-align:right;background-color:#FFFFFF;border-color:#000000;min-width:13px;"> </td><td style="width: 83px; text-align:left;background-color:#FFFFFF;border-color:#000000;min-width:83px;"> </td></tr><tr style="height: 17px"><td style="width: 317px; text-align:left;background-color:#FFFFFF;border-color:#000000;min-width:317px;"><font style="FONT-WEIGHT: bold;FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;">Liabilities:</font></td><td style="width: 13px; text-align:right;background-color:#FFFFFF;border-color:#000000;min-width:13px;"> </td><td style="width: 72px; text-align:left;background-color:#FFFFFF;border-color:#000000;min-width:72px;"> </td><td style="width: 13px; text-align:right;background-color:#FFFFFF;border-color:#000000;min-width:13px;"> </td><td style="width: 13px; text-align:right;background-color:#FFFFFF;border-color:#000000;min-width:13px;"> </td><td style="width: 83px; text-align:left;background-color:#FFFFFF;border-color:#000000;min-width:83px;"> </td><td style="width: 13px; text-align:right;background-color:#FFFFFF;border-color:#000000;min-width:13px;"> </td><td style="width: 13px; text-align:right;background-color:#FFFFFF;border-color:#000000;min-width:13px;"> </td><td style="width: 83px; text-align:left;background-color:#FFFFFF;border-color:#000000;min-width:83px;"> </td><td style="width: 13px; text-align:right;background-color:#FFFFFF;border-color:#000000;min-width:13px;"> </td><td style="width: 13px; text-align:right;background-color:#FFFFFF;border-color:#000000;min-width:13px;"> </td><td style="width: 83px; text-align:left;background-color:#FFFFFF;border-color:#000000;min-width:83px;"> </td></tr><tr style="height: 17px"><td style="width: 317px; text-align:left;background-color:#FFFFFF;border-color:#000000;min-width:317px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;">Other liabilities:</font></td><td style="width: 13px; text-align:right;background-color:#FFFFFF;border-color:#000000;min-width:13px;"> </td><td style="width: 72px; text-align:left;background-color:#FFFFFF;border-color:#000000;min-width:72px;"> </td><td style="width: 13px; text-align:right;background-color:#FFFFFF;border-color:#000000;min-width:13px;"> </td><td style="width: 13px; text-align:right;background-color:#FFFFFF;border-color:#000000;min-width:13px;"> </td><td style="width: 83px; text-align:left;background-color:#FFFFFF;border-color:#000000;min-width:83px;"> </td><td style="width: 13px; text-align:right;background-color:#FFFFFF;border-color:#000000;min-width:13px;"> </td><td style="width: 13px; text-align:right;background-color:#FFFFFF;border-color:#000000;min-width:13px;"> </td><td style="width: 83px; text-align:left;background-color:#FFFFFF;border-color:#000000;min-width:83px;"> </td><td style="width: 13px; text-align:right;background-color:#FFFFFF;border-color:#000000;min-width:13px;"> </td><td style="width: 13px; text-align:right;background-color:#FFFFFF;border-color:#000000;min-width:13px;"> </td><td style="width: 83px; text-align:left;background-color:#FFFFFF;border-color:#000000;min-width:83px;"> </td></tr><tr style="height: 17px"><td style="width: 317px; text-align:left;background-color:#FFFFFF;border-color:#000000;min-width:317px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;"> Interest rate swap</font></td><td style="width: 13px; text-align:right;background-color:#FFFFFF;border-color:#000000;min-width:13px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: right;">$</font></td><td style="width: 72px; text-align:right;background-color:#FFFFFF;border-color:#000000;min-width:72px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;"> 3,938</font></td><td style="width: 13px; text-align:right;background-color:#FFFFFF;border-color:#000000;min-width:13px;"> </td><td style="width: 13px; text-align:right;background-color:#FFFFFF;border-color:#000000;min-width:13px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: right;">$</font></td><td style="width: 83px; text-align:right;background-color:#FFFFFF;border-color:#000000;min-width:83px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;"> -</font></td><td style="width: 13px; text-align:right;background-color:#FFFFFF;border-color:#000000;min-width:13px;"> </td><td style="width: 13px; text-align:right;background-color:#FFFFFF;border-color:#000000;min-width:13px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: right;">$</font></td><td style="width: 83px; text-align:right;background-color:#FFFFFF;border-color:#000000;min-width:83px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;"> 3,938</font></td><td style="width: 13px; text-align:right;background-color:#FFFFFF;border-color:#000000;min-width:13px;"> </td><td style="width: 13px; text-align:right;background-color:#FFFFFF;border-color:#000000;min-width:13px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: right;">$</font></td><td style="width: 83px; text-align:right;background-color:#FFFFFF;border-color:#000000;min-width:83px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;"> -</font></td></tr><tr style="height: 18px"><td style="width: 317px; text-align:left;background-color:#FFFFFF;border-color:#000000;min-width:317px;"><font style="FONT-WEIGHT: bold;FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;">Total liabilities:</font></td><td style="width: 13px; border-top-style:solid;border-top-width:1px;border-bottom-style:double;border-bottom-width:3px;text-align:right;background-color:#FFFFFF;border-color:#000000;min-width:13px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: right;">$</font></td><td style="width: 72px; border-top-style:solid;border-top-width:1px;border-bottom-style:double;border-bottom-width:3px;text-align:right;background-color:#FFFFFF;border-color:#000000;min-width:72px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;"> 3,938</font></td><td style="width: 13px; text-align:right;background-color:#FFFFFF;border-color:#000000;min-width:13px;"> </td><td style="width: 13px; border-top-style:solid;border-top-width:1px;border-bottom-style:double;border-bottom-width:3px;text-align:right;background-color:#FFFFFF;border-color:#000000;min-width:13px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: right;">$</font></td><td style="width: 83px; border-top-style:solid;border-top-width:1px;border-bottom-style:double;border-bottom-width:3px;text-align:right;background-color:#FFFFFF;border-color:#000000;min-width:83px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;"> -</font></td><td style="width: 13px; text-align:right;background-color:#FFFFFF;border-color:#000000;min-width:13px;"> </td><td style="width: 13px; border-top-style:solid;border-top-width:1px;border-bottom-style:double;border-bottom-width:3px;text-align:right;background-color:#FFFFFF;border-color:#000000;min-width:13px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: right;">$</font></td><td style="width: 83px; border-top-style:solid;border-top-width:1px;border-bottom-style:double;border-bottom-width:3px;text-align:right;background-color:#FFFFFF;border-color:#000000;min-width:83px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;"> 3,938</font></td><td style="width: 13px; text-align:right;background-color:#FFFFFF;border-color:#000000;min-width:13px;"> </td><td style="width: 13px; border-top-style:solid;border-top-width:1px;border-bottom-style:double;border-bottom-width:3px;text-align:right;background-color:#FFFFFF;border-color:#000000;min-width:13px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: right;">$</font></td><td style="width: 83px; border-top-style:solid;border-top-width:1px;border-bottom-style:double;border-bottom-width:3px;text-align:right;background-color:#FFFFFF;border-color:#000000;min-width:83px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;"> -</font></td></tr></table></div><p style='margin-top: 0pt; margin-bottom: 0pt;'></p><p style='margin-top:12pt; margin-bottom:0pt'><font style="font-family:Times New Roman;font-size:10pt;margin-left:0px;">W</font><font style="font-family:Times New Roman;font-size:10pt;">e measure our money market funds included in cash and restricted cash equivalents, auction-rate securities included in marketable securities and interest rate swap included in o</font><font style="font-family:Times New Roman;font-size:10pt;">ther liabilities </font><font style="font-family:Times New Roman;font-size:10pt;">on a recurring basis </font><font style="font-family:Times New Roman;font-size:10pt;">at fair value.</font><font style="font-family:Times New Roman;font-size:10pt;"> For our assets and liabilities measured on a recurring basis, we did not significantly change our valuation techniques associated with fair value measurements from prior periods.</font><font style="font-family:Times New Roman;font-size:10pt;"> As of </font><font style="font-family:Times New Roman;font-size:10pt;">February 28, 2010</font><font style="font-family:Times New Roman;font-size:10pt;">, cash equivalents disclosed in the table above excludes </font><font style="font-family:Times New Roman;font-size:10pt;">$6.0</font><font style="font-family:Times New Roman;font-size:10pt;"> million of cash held in bank overnight deposit accounts that approximate fair value.</font></p><p style='margin-top:0pt; margin-bottom:0pt'> </p><p style='margin-top:0pt; margin-bottom:0pt'></p><ul><li style="margin-left:36px;list-style:disc;"><font style="font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;">Money market funds</font><font style="font-family:Times New Roman;font-size:10pt;"> - Classified within Level 1 and were valued primarily using real-time quotes for transactions in active exchange markets involving identical assets. </font></li><li style="margin-left:36px;list-style:disc;"><font style="font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;">Auction-rate securities</font><font style="font-family:Times New Roman;font-size:10pt;"> - Classified within Level 3 due to the illiquidity of the market and were valued using a discounted cash flow model that encompassed significant unobservable inputs to determine probabilities of default and timing of auction failure, probabilities of a successful auction at par and/or repurchase at par value for each auction period, collateralization of the underlying security and credit worthiness of the issuer. </font><font style="font-family:Times New Roman;font-size:10pt;">The assumptions used to prepare the discounted cash flows include estimates for interest rates, credit spreads, timing and amount of cash flows, liquidity premiums, expected hol</font><font style="font-family:Times New Roman;font-size:10pt;">ding periods and default risk. </font><font style="font-family:Times New Roman;font-size:10pt;">These assumptions are subject to change as the underlying data sources and market conditions evolve</font><font style="font-family:Times New Roman;font-size:10pt;">.</font><font style="font-family:Times New Roman;font-size:10pt;"> </font><font style="font-family:Times New Roman;font-size:10pt;">Additionally, as the market for auction-rate securities continues to be inactive, our discounted cash flow model also factored the illiquidity of the auction-rate securities market by adding a spread of 450 to 500 basis points t</font><font style="font-family:Times New Roman;font-size:10pt;">o the applicable discount rate.</font></li><li style="margin-left:36px;list-style:disc;"><font style="font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;">Interest rate swap </font><font style="font-family:Times New Roman;font-size:10pt;font-weight:bold;">–</font><font style="font-family:Times New Roman;font-size:10pt;font-weight:bold;"> </font><font style="font-family:Times New Roman;font-size:10pt;">We have an interest rate </font><font style="font-family:Times New Roman;font-size:10pt;">swap </font><font style="font-family:Times New Roman;font-size:10pt;">with</font><font style="font-family:Times New Roman;font-size:10pt;"> a notional amount of £30.0 millio</font><font style="font-family:Times New Roman;font-size:10pt;">n (</font><font style="font-family:Times New Roman;font-size:10pt;">$46.3</font><font style="font-family:Times New Roman;font-size:10pt;"> million)</font><font style="font-family:Times New Roman;font-size:10pt;"> used to minimize the interest rate exposure on a portion of BPP's variable rate debt. The interest rate swap is used to fix the variable interest rate on the associated debt. The swap is classified within Level 2 and is valued using readily available pricing sources which utilize market observable inputs including the current variable interest rate for similar types of instruments.</font></li></ul><p style='margin-top:0pt; margin-bottom:0pt'> </p><p style='margin-top:0pt; margin-bottom:0pt'><font style="font-family:Times New Roman;font-size:10pt;margin-left:0px;">At February 28, 2010, the carrying value of our debt,</font><font style="font-family:Times New Roman;font-size:10pt;"> excluding capital leases, was $169.7</font><font style="font-family:Times New Roman;font-size:10pt;"> million. Substantially all of our debt is variable interest rate debt and the carrying amount approximates fair value. </font></p><p style='margin-top:0pt; margin-bottom:0pt'> </p><p style='margin-top:0pt; margin-bottom:0pt'><font style="font-family:Times New Roman;font-size:10pt;margin-left:0px;">During the six months ended February 28, 2010, we did not have any changes in our Level 3 assets that are measured at fair value on a recurring basis using significant unobservable inputs.</font></p><p style='margin-top:0pt; margin-bottom:0pt'> </p><p style='margin-top:0pt; margin-bottom:0pt'><font style="font-family:Times New Roman;font-size:10pt;margin-left:0px;">Assets measured at fair value on a non-recurring basis consist of the following</font><font style="font-family:Times New Roman;font-size:10pt;"> as of February 28, 2010</font><font style="font-family:Times New Roman;font-size:10pt;">:</font></p><p style='margin-top: 0pt; margin-bottom: 0pt;'></p><div><table style="border-collapse:collapse;margin-top:20px;"><tr style="height: 17px"><td style="width: 198px; text-align:left;background-color:#FFFFFF;border-color:#000000;min-width:198px;"> <font style="font-size: 7pt;"><sup></sup></font></td><td style="width: 13px; text-align:left;background-color:#FFFFFF;border-color:#000000;min-width:13px;"> </td><td style="width: 73px; text-align:left;background-color:#FFFFFF;border-color:#000000;min-width:73px;"> </td><td style="width: 16px; text-align:left;background-color:#FFFFFF;border-color:#000000;min-width:16px;"> </td><td colspan="8" style="width: 321px; border-bottom-style:solid;border-bottom-width:1px;text-align:center;background-color:#FFFFFF;border-color:#000000;min-width:321px;"><font style="FONT-WEIGHT: bold;FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: center;">Fair Value Measurements at Reporting Date Using</font></td><td style="width: 12px; text-align:left;background-color:#FFFFFF;border-color:#000000;min-width:12px;"> </td><td style="width: 12px; text-align:left;background-color:#FFFFFF;border-color:#000000;min-width:12px;"> </td><td style="width: 83px; text-align:left;background-color:#FFFFFF;border-color:#000000;min-width:83px;"> </td></tr><tr style="height: 17px"><td style="width: 198px; text-align:left;background-color:#FFFFFF;border-color:#000000;min-width:198px;"><font style="FONT-STYLE: italic;FONT-FAMILY: Times New Roman;FONT-SIZE: 8pt;COLOR: #000000;">($ in thousands)</font><font style="font-size: 7pt;"><sup></sup></font></td><td colspan="2" style="width: 86px; border-bottom-style:solid;border-bottom-width:1px;text-align:center;background-color:#FFFFFF;border-color:#000000;min-width:86px;"><font style="FONT-WEIGHT: bold;FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: center;">February 28, 2010</font></td><td style="width: 16px; text-align:center;background-color:#FFFFFF;border-color:#000000;min-width:16px;"> </td><td colspan="2" style="width: 97px; border-bottom-style:solid;border-bottom-width:1px;text-align:center;background-color:#FFFFFF;border-color:#000000;min-width:97px;"><font style="FONT-WEIGHT: bold;FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: center;">Quoted Prices in Active Markets for Identical Assets
(Level 1)</font></td><td style="width: 16px; text-align:center;background-color:#FFFFFF;border-color:#000000;min-width:16px;"> </td><td colspan="2" style="width: 96px; border-bottom-style:solid;border-bottom-width:1px;text-align:center;background-color:#FFFFFF;border-color:#000000;min-width:96px;"><font style="FONT-WEIGHT: bold;FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: center;">Significant Other Observable Inputs
(Level 2)</font></td><td style="width: 16px; text-align:center;background-color:#FFFFFF;border-color:#000000;min-width:16px;"> </td><td colspan="2" style="width: 96px; border-bottom-style:solid;border-bottom-width:1px;text-align:center;background-color:#FFFFFF;border-color:#000000;min-width:96px;"><font style="FONT-WEIGHT: bold;FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: center;">Significant Unobservable Inputs
(Level 3)</font></td><td style="width: 12px; text-align:center;background-color:#FFFFFF;border-color:#000000;min-width:12px;"> </td><td colspan="2" style="width: 95px; border-bottom-style:solid;border-bottom-width:1px;text-align:center;background-color:#FFFFFF;border-color:#000000;min-width:95px;"><font style="FONT-WEIGHT: bold;FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: center;">Total Losses</font></td></tr><tr style="height: 17px"><td style="width: 198px; text-align:left;background-color:#FFFFFF;border-color:#000000;min-width:198px;"><font style="FONT-WEIGHT: bold;FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;">Assets:</font><font style="font-size: 7pt;"><sup></sup></font></td><td style="width: 13px; text-align:left;background-color:#FFFFFF;border-color:#000000;min-width:13px;"> </td><td style="width: 73px; text-align:right;background-color:#FFFFFF;border-color:#000000;min-width:73px;"> </td><td style="width: 16px; text-align:right;background-color:#FFFFFF;border-color:#000000;min-width:16px;"> </td><td style="width: 14px; text-align:right;background-color:#FFFFFF;border-color:#000000;min-width:14px;"> </td><td style="width: 83px; text-align:right;background-color:#FFFFFF;border-color:#000000;min-width:83px;"> </td><td style="width: 16px; text-align:right;background-color:#FFFFFF;border-color:#000000;min-width:16px;"> </td><td style="width: 13px; text-align:right;background-color:#FFFFFF;border-color:#000000;min-width:13px;"> </td><td style="width: 83px; text-align:right;background-color:#FFFFFF;border-color:#000000;min-width:83px;"> </td><td style="width: 16px; text-align:right;background-color:#FFFFFF;border-color:#000000;min-width:16px;"> </td><td style="width: 13px; text-align:right;background-color:#FFFFFF;border-color:#000000;min-width:13px;"> </td><td style="width: 83px; text-align:right;background-color:#FFFFFF;border-color:#000000;min-width:83px;"> </td><td style="width: 12px; text-align:right;background-color:#FFFFFF;border-color:#000000;min-width:12px;"> </td><td style="width: 12px; text-align:right;background-color:#FFFFFF;border-color:#000000;min-width:12px;"> </td><td style="width: 83px; text-align:left;background-color:#FFFFFF;border-color:#000000;min-width:83px;"> </td></tr><tr style="height: 17px"><td style="width: 198px; text-align:left;background-color:#FFFFFF;border-color:#000000;min-width:198px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;">Assets held for sale</font><font style="font-size: 7pt;"><sup></sup></font></td><td style="width: 13px; text-align:left;background-color:#FFFFFF;border-color:#000000;min-width:13px;"> </td><td style="width: 73px; text-align:right;background-color:#FFFFFF;border-color:#000000;min-width:73px;"> </td><td style="width: 16px; text-align:right;background-color:#FFFFFF;border-color:#000000;min-width:16px;"> </td><td style="width: 14px; text-align:left;background-color:#FFFFFF;border-color:#000000;min-width:14px;"> </td><td style="width: 83px; text-align:right;background-color:#FFFFFF;border-color:#000000;min-width:83px;"> </td><td style="width: 16px; text-align:right;background-color:#FFFFFF;border-color:#000000;min-width:16px;"> </td><td style="width: 13px; text-align:right;background-color:#FFFFFF;border-color:#000000;min-width:13px;"> </td><td style="width: 83px; text-align:right;background-color:#FFFFFF;border-color:#000000;min-width:83px;"> </td><td style="width: 16px; text-align:right;background-color:#FFFFFF;border-color:#000000;min-width:16px;"> </td><td style="width: 13px; text-align:left;background-color:#FFFFFF;border-color:#000000;min-width:13px;"> </td><td style="width: 83px; text-align:right;background-color:#FFFFFF;border-color:#000000;min-width:83px;"> </td><td style="width: 12px; text-align:right;background-color:#FFFFFF;border-color:#000000;min-width:12px;"> </td><td style="width: 12px; text-align:right;background-color:#FFFFFF;border-color:#000000;min-width:12px;"> </td><td style="width: 83px; text-align:left;background-color:#FFFFFF;border-color:#000000;min-width:83px;"> </td></tr><tr style="height: 17px"><td style="width: 198px; text-align:left;background-color:#FFFFFF;border-color:#000000;min-width:198px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;"> Goodwill</font><font style="font-size: 7pt;"><sup></sup></font></td><td style="width: 13px; text-align:right;background-color:#FFFFFF;border-color:#000000;min-width:13px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: right;">$</font></td><td style="width: 73px; text-align:right;background-color:#FFFFFF;border-color:#000000;min-width:73px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;"> 3,342</font></td><td style="width: 16px; text-align:right;background-color:#FFFFFF;border-color:#000000;min-width:16px;"> </td><td style="width: 14px; text-align:right;background-color:#FFFFFF;border-color:#000000;min-width:14px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: right;">$</font></td><td style="width: 83px; text-align:right;background-color:#FFFFFF;border-color:#000000;min-width:83px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;"> -</font></td><td style="width: 16px; text-align:right;background-color:#FFFFFF;border-color:#000000;min-width:16px;"> </td><td style="width: 13px; text-align:right;background-color:#FFFFFF;border-color:#000000;min-width:13px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: right;">$</font></td><td style="width: 83px; text-align:right;background-color:#FFFFFF;border-color:#000000;min-width:83px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;"> -</font></td><td style="width: 16px; text-align:right;background-color:#FFFFFF;border-color:#000000;min-width:16px;"> </td><td style="width: 13px; text-align:right;background-color:#FFFFFF;border-color:#000000;min-width:13px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: right;">$</font></td><td style="width: 83px; text-align:right;background-color:#FFFFFF;border-color:#000000;min-width:83px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;"> 3,342</font></td><td style="width: 12px; text-align:left;background-color:#FFFFFF;border-color:#000000;min-width:12px;"> </td><td style="width: 12px; text-align:right;background-color:#FFFFFF;border-color:#000000;min-width:12px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: right;">$</font></td><td style="width: 83px; text-align:right;background-color:#FFFFFF;border-color:#000000;min-width:83px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;"> (9,400)</font></td></tr><tr style="height: 18px"><td style="width: 198px; text-align:left;background-color:#FFFFFF;border-color:#000000;min-width:198px;"><font style="FONT-WEIGHT: bold;FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;"> Total</font><font style="font-size: 7pt;"><sup></sup></font></td><td style="width: 13px; border-top-style:solid;border-top-width:1px;border-bottom-style:double;border-bottom-width:3px;text-align:right;background-color:#FFFFFF;border-color:#000000;min-width:13px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: right;">$</font></td><td style="width: 73px; border-top-style:solid;border-top-width:1px;border-bottom-style:double;border-bottom-width:3px;text-align:right;background-color:#FFFFFF;border-color:#000000;min-width:73px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;"> 3,342</font></td><td style="width: 16px; text-align:right;background-color:#FFFFFF;border-color:#000000;min-width:16px;"> </td><td style="width: 14px; border-top-style:solid;border-top-width:1px;border-bottom-style:double;border-bottom-width:3px;text-align:right;background-color:#FFFFFF;border-color:#000000;min-width:14px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: right;">$</font></td><td style="width: 83px; border-top-style:solid;border-top-width:1px;border-bottom-style:double;border-bottom-width:3px;text-align:right;background-color:#FFFFFF;border-color:#000000;min-width:83px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;"> -</font></td><td style="width: 16px; text-align:right;background-color:#FFFFFF;border-color:#000000;min-width:16px;"> </td><td style="width: 13px; border-top-style:solid;border-top-width:1px;border-bottom-style:double;border-bottom-width:3px;text-align:right;background-color:#FFFFFF;border-color:#000000;min-width:13px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: right;">$</font></td><td style="width: 83px; border-top-style:solid;border-top-width:1px;border-bottom-style:double;border-bottom-width:3px;text-align:right;background-color:#FFFFFF;border-color:#000000;min-width:83px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;"> -</font></td><td style="width: 16px; text-align:right;background-color:#FFFFFF;border-color:#000000;min-width:16px;"> </td><td style="width: 13px; border-top-style:solid;border-top-width:1px;border-bottom-style:double;border-bottom-width:3px;text-align:right;background-color:#FFFFFF;border-color:#000000;min-width:13px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: right;">$</font></td><td style="width: 83px; border-top-style:solid;border-top-width:1px;border-bottom-style:double;border-bottom-width:3px;text-align:right;background-color:#FFFFFF;border-color:#000000;min-width:83px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;"> 3,342</font></td><td style="width: 12px; text-align:left;background-color:#FFFFFF;border-color:#000000;min-width:12px;"> </td><td style="width: 12px; border-top-style:solid;border-top-width:1px;border-bottom-style:double;border-bottom-width:3px;text-align:right;background-color:#FFFFFF;border-color:#000000;min-width:12px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: right;">$</font></td><td style="width: 83px; border-top-style:solid;border-top-width:1px;border-bottom-style:double;border-bottom-width:3px;text-align:right;background-color:#FFFFFF;border-color:#000000;min-width:83px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;"> (9,400)</font></td></tr><tr style="height: 9px"><td style="width: 198px; text-align:left;border-color:#000000;min-width:198px;"> <font style="font-size: 7pt;"><sup></sup></font></td><td style="width: 13px; text-align:right;border-color:#000000;min-width:13px;"> </td><td style="width: 73px; text-align:left;border-color:#000000;min-width:73px;"> </td><td style="width: 16px; text-align:right;border-color:#000000;min-width:16px;"> </td><td style="width: 14px; text-align:right;border-color:#000000;min-width:14px;"> </td><td style="width: 83px; text-align:left;border-color:#000000;min-width:83px;"> </td><td style="width: 16px; text-align:right;border-color:#000000;min-width:16px;"> </td><td style="width: 13px; text-align:right;border-color:#000000;min-width:13px;"> </td><td style="width: 83px; text-align:left;border-color:#000000;min-width:83px;"> </td><td style="width: 16px; text-align:right;border-color:#000000;min-width:16px;"> </td><td style="width: 13px; text-align:right;border-color:#000000;min-width:13px;"> </td><td style="width: 83px; text-align:left;border-color:#000000;min-width:83px;"> </td><td style="width: 12px; text-align:left;border-color:#000000;min-width:12px;"> </td><td style="width: 12px; text-align:left;border-color:#000000;min-width:12px;"> </td><td style="width: 83px; text-align:left;border-color:#000000;min-width:83px;"> </td></tr></table></div><p style='margin-top: 0pt; margin-bottom: 0pt;'></p><p style='margin-top:12pt; margin-bottom:0pt'><font style="font-family:Times New Roman;font-size:10pt;margin-left:0px;">In connection with presenting Insight Schools as held for sale in the second quarter </font><font style="font-family:Times New Roman;font-size:10pt;">of fiscal year 2010</font><font style="font-family:Times New Roman;font-size:10pt;">, we measured </font><font style="font-family:Times New Roman;font-size:10pt;">Insight Schools' goodwill </font><font style="font-family:Times New Roman;font-size:10pt;">at fair value on a non-recurring basis using Level 3 inputs</font><font style="font-family:Times New Roman;font-size:10pt;">. The Level 3 inputs </font><font style="font-family:Times New Roman;font-size:10pt;">were </font><font style="font-family:Times New Roman;font-size:10pt;">primarily </font><font style="font-family:Times New Roman;font-size:10pt;">based on</font><font style="font-family:Times New Roman;font-size:10pt;"> </font><font style="font-family:Times New Roman;font-size:10pt;">exit price information from advisors which includes consideration of </font><font style="font-family:Times New Roman;font-size:10pt;">non-binding offers we recently received </font><font style="font-family:Times New Roman;font-size:10pt;">from third parties to</font><font style="font-family:Times New Roman;font-size:10pt;"> purchase Insight Schools</font><font style="font-family:Times New Roman;font-size:10pt;">. </font><font style="font-family:Times New Roman;font-size:10pt;">The </font><font style="font-family:Times New Roman;font-size:10pt;">Insight Schools' goodwill balance </font><font style="font-family:Times New Roman;font-size:10pt;">was written down to </font><font style="font-family:Times New Roman;font-size:10pt;">the implied fair value</font><font style="font-family:Times New Roman;font-size:10pt;">, resulting in</font><font style="font-family:Times New Roman;font-size:10pt;"> an impairment charge of $9.4 million </font><font style="font-family:Times New Roman;font-size:10pt;">that is</font><font style="font-family:Times New Roman;font-size:10pt;"> </font><font style="font-family:Times New Roman;font-size:10pt;">included in</font><font style="font-family:Times New Roman;font-size:10pt;"> loss from discontinued operations for the three and six months ended February 28, 2010.</font><font style="font-family:Times New Roman;font-size:10pt;"> Refer to Note 3, Discontinued Operations for further discussion.</font></p>
<div><table style="border-collapse:collapse;margin-top:20px;"><tr style="height: 17px"><td colspan="7" style="width: 723px; text-align:left;border-color:#000000;min-width:723px;"><font style="FONT-WEIGHT: bold;FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: left;">Note 8. Accrued Liabilities</font></td></tr><tr style="height: 17px"><td style="width: 515px; text-align:left;border-color:#000000;min-width:515px;"> </td><td style="width: 12px; text-align:left;border-color:#000000;min-width:12px;"> </td><td style="width: 12px; text-align:left;border-color:#000000;min-width:12px;"> </td><td style="width: 80px; text-align:left;border-color:#000000;min-width:80px;"> </td><td style="width: 12px; text-align:left;border-color:#000000;min-width:12px;"> </td><td style="width: 12px; text-align:left;border-color:#000000;min-width:12px;"> </td><td style="width: 80px; text-align:left;border-color:#000000;min-width:80px;"> </td></tr><tr style="height: 17px"><td colspan="7" style="width: 723px; text-align:left;border-color:#000000;min-width:723px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: left;">Accrued liabilities consist of the following as of February 28, 2010 and August 31, 2009:</font></td></tr><tr style="height: 17px"><td style="width: 515px; text-align:left;border-color:#000000;min-width:515px;"> </td><td style="width: 12px; text-align:left;border-color:#000000;min-width:12px;"> </td><td style="width: 12px; text-align:left;border-color:#000000;min-width:12px;"> </td><td style="width: 80px; text-align:left;border-color:#000000;min-width:80px;"> </td><td style="width: 12px; text-align:left;border-color:#000000;min-width:12px;"> </td><td style="width: 12px; text-align:left;border-color:#000000;min-width:12px;"> </td><td style="width: 80px; text-align:left;border-color:#000000;min-width:80px;"> </td></tr><tr style="height: 17px"><td style="width: 515px; text-align:left;background-color:#FFFFFF;border-color:#000000;min-width:515px;"> </td><td style="width: 12px; text-align:left;background-color:#FFFFFF;border-color:#000000;min-width:12px;"> </td><td colspan="2" style="width: 92px; border-bottom-style:solid;border-bottom-width:1px;text-align:center;background-color:#FFFFFF;border-color:#000000;min-width:92px;"><font style="FONT-WEIGHT: bold;FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: center;">February 28, 2010</font></td><td style="width: 12px; text-align:center;background-color:#FFFFFF;border-color:#000000;min-width:12px;"> </td><td colspan="2" style="width: 92px; border-bottom-style:solid;border-bottom-width:1px;text-align:center;background-color:#FFFFFF;border-color:#000000;min-width:92px;"><font style="FONT-WEIGHT: bold;FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: center;">August 31, 2009</font></td></tr><tr style="height: 17px"><td style="width: 515px; text-align:left;background-color:#FFFFFF;border-color:#000000;min-width:515px;"><font style="FONT-STYLE: italic;FONT-FAMILY: Times New Roman;FONT-SIZE: 8pt;COLOR: #000000;TEXT-ALIGN: left;">($ in thousands)</font></td><td style="width: 12px; text-align:left;background-color:#FFFFFF;border-color:#000000;min-width:12px;"> </td><td style="width: 12px; text-align:left;background-color:#FFFFFF;border-color:#000000;min-width:12px;"> </td><td style="width: 80px; text-align:center;background-color:#FFFFFF;border-color:#000000;min-width:80px;"> </td><td style="width: 12px; text-align:center;background-color:#FFFFFF;border-color:#000000;min-width:12px;"> </td><td style="width: 12px; text-align:center;background-color:#FFFFFF;border-color:#000000;min-width:12px;"> </td><td style="width: 80px; text-align:center;background-color:#FFFFFF;border-color:#000000;min-width:80px;"> </td></tr><tr style="height: 17px"><td style="width: 515px; text-align:left;background-color:#FFFFFF;border-color:#000000;min-width:515px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: left;">Estimated litigation loss</font></td><td style="width: 12px; text-align:left;background-color:#FFFFFF;border-color:#000000;min-width:12px;"> </td><td style="width: 12px; text-align:right;background-color:#FFFFFF;border-color:#000000;min-width:12px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: right;">$</font></td><td style="width: 80px; text-align:right;background-color:#FFFFFF;border-color:#000000;min-width:80px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;"> 44,500</font></td><td style="width: 12px; text-align:left;background-color:#FFFFFF;border-color:#000000;min-width:12px;"> </td><td style="width: 12px; text-align:right;background-color:#FFFFFF;border-color:#000000;min-width:12px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: right;">$</font></td><td style="width: 80px; text-align:right;background-color:#FFFFFF;border-color:#000000;min-width:80px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;"> 80,500</font></td></tr><tr style="height: 17px"><td style="width: 515px; text-align:left;background-color:#FFFFFF;border-color:#000000;min-width:515px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: left;">Salaries, wages, and benefits </font></td><td style="width: 12px; text-align:left;background-color:#FFFFFF;border-color:#000000;min-width:12px;"> </td><td style="width: 12px; text-align:right;background-color:#FFFFFF;border-color:#000000;min-width:12px;"> </td><td style="width: 80px; text-align:right;background-color:#FFFFFF;border-color:#000000;min-width:80px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;"> 72,882</font></td><td style="width: 12px; text-align:left;background-color:#FFFFFF;border-color:#000000;min-width:12px;"> </td><td style="width: 12px; text-align:left;border-color:#000000;min-width:12px;"> </td><td style="width: 80px; text-align:right;background-color:#FFFFFF;border-color:#000000;min-width:80px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;"> 76,583</font></td></tr><tr style="height: 17px"><td style="width: 515px; text-align:left;background-color:#FFFFFF;border-color:#000000;min-width:515px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: left;">Accrued advertising</font></td><td style="width: 12px; text-align:left;background-color:#FFFFFF;border-color:#000000;min-width:12px;"> </td><td style="width: 12px; text-align:left;background-color:#FFFFFF;border-color:#000000;min-width:12px;"> </td><td style="width: 80px; text-align:right;background-color:#FFFFFF;border-color:#000000;min-width:80px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;"> 34,537</font></td><td style="width: 12px; text-align:left;background-color:#FFFFFF;border-color:#000000;min-width:12px;"> </td><td style="width: 12px; text-align:left;background-color:#FFFFFF;border-color:#000000;min-width:12px;"> </td><td style="width: 80px; text-align:right;background-color:#FFFFFF;border-color:#000000;min-width:80px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;"> 35,974</font></td></tr><tr style="height: 17px"><td style="width: 515px; text-align:left;background-color:#FFFFFF;border-color:#000000;min-width:515px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: left;">Accrued professional fees</font></td><td style="width: 12px; text-align:left;background-color:#FFFFFF;border-color:#000000;min-width:12px;"> </td><td style="width: 12px; text-align:left;background-color:#FFFFFF;border-color:#000000;min-width:12px;"> </td><td style="width: 80px; text-align:right;background-color:#FFFFFF;border-color:#000000;min-width:80px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;"> 25,208</font></td><td style="width: 12px; text-align:left;background-color:#FFFFFF;border-color:#000000;min-width:12px;"> </td><td style="width: 12px; text-align:left;background-color:#FFFFFF;border-color:#000000;min-width:12px;"> </td><td style="width: 80px; text-align:right;background-color:#FFFFFF;border-color:#000000;min-width:80px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;"> 25,287</font></td></tr><tr style="height: 17px"><td style="width: 515px; text-align:left;background-color:#FFFFFF;border-color:#000000;min-width:515px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;">Student refunds, grants and scholarships</font></td><td style="width: 12px; text-align:left;background-color:#FFFFFF;border-color:#000000;min-width:12px;"> </td><td style="width: 12px; text-align:left;background-color:#FFFFFF;border-color:#000000;min-width:12px;"> </td><td style="width: 80px; text-align:right;background-color:#FFFFFF;border-color:#000000;min-width:80px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;"> 11,759</font></td><td style="width: 12px; text-align:left;background-color:#FFFFFF;border-color:#000000;min-width:12px;"> </td><td style="width: 12px; text-align:left;background-color:#FFFFFF;border-color:#000000;min-width:12px;"> </td><td style="width: 80px; text-align:right;background-color:#FFFFFF;border-color:#000000;min-width:80px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;"> 11,287</font></td></tr><tr style="height: 17px"><td style="width: 515px; text-align:left;background-color:#FFFFFF;border-color:#000000;min-width:515px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: left;">Other accrued liabilities </font></td><td style="width: 12px; text-align:left;background-color:#FFFFFF;border-color:#000000;min-width:12px;"> </td><td style="width: 12px; text-align:left;background-color:#FFFFFF;border-color:#000000;min-width:12px;"> </td><td style="width: 80px; border-bottom-style:solid;border-bottom-width:1px;text-align:right;background-color:#FFFFFF;border-color:#000000;min-width:80px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;"> 29,635</font></td><td style="width: 12px; text-align:left;background-color:#FFFFFF;border-color:#000000;min-width:12px;"> </td><td style="width: 12px; text-align:left;background-color:#FFFFFF;border-color:#000000;min-width:12px;"> </td><td style="width: 80px; border-bottom-style:solid;border-bottom-width:1px;text-align:right;background-color:#FFFFFF;border-color:#000000;min-width:80px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;"> 38,787</font></td></tr><tr style="height: 18px"><td style="width: 515px; text-align:left;background-color:#FFFFFF;border-color:#000000;min-width:515px;"><font style="FONT-WEIGHT: bold;FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: left;"> Total accrued liabilities </font></td><td style="width: 12px; text-align:left;background-color:#FFFFFF;border-color:#000000;min-width:12px;"> </td><td style="width: 12px; border-top-style:solid;border-top-width:1px;border-bottom-style:double;border-bottom-width:3px;text-align:right;background-color:#FFFFFF;border-color:#000000;min-width:12px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: right;">$</font></td><td style="width: 80px; border-top-style:solid;border-top-width:1px;border-bottom-style:double;border-bottom-width:3px;text-align:right;background-color:#FFFFFF;border-color:#000000;min-width:80px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;"> 218,521</font></td><td style="width: 12px; text-align:left;background-color:#FFFFFF;border-color:#000000;min-width:12px;"> </td><td style="width: 12px; border-top-style:solid;border-top-width:1px;border-bottom-style:double;border-bottom-width:3px;text-align:right;background-color:#FFFFFF;border-color:#000000;min-width:12px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: right;">$</font></td><td style="width: 80px; border-top-style:solid;border-top-width:1px;border-bottom-style:double;border-bottom-width:3px;text-align:right;background-color:#FFFFFF;border-color:#000000;min-width:80px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;"> 268,418</font></td></tr></table></div><p style='margin-top: 0pt; margin-bottom: 0pt;'></p><p style='margin-top:12pt; margin-bottom:0pt'><font style="font-family:Times New Roman;font-size:10pt;margin-left:0px;">Please refer to</font><font style="font-family:Times New Roman;font-size:10pt;"> </font><font style="font-family:Times New Roman;font-size:10pt;">Note </font><font style="font-family:Times New Roman;font-size:10pt;">15</font><font style="font-family:Times New Roman;font-size:10pt;">, Commitments and Contingencies, </font><font style="font-family:Times New Roman;font-size:10pt;">for discussion of</font><font style="font-family:Times New Roman;font-size:10pt;"> estimated litigation loss</font><font style="font-family:Times New Roman;font-size:10pt;">es</font><font style="font-family:Times New Roman;font-size:10pt;">. </font><font style="font-family:Times New Roman;font-size:10pt;">Salaries, wages, and benefits represent amounts due to employees, faculty and third parties for salaries, bonuses, vacation pay, and health insurance. Accrued advertising represents amounts due for Internet marketing, direct mail campaigns, and print and broadcast advertising. Accrued professional fees represent amounts due to third parties for outsourced student financial aid processing and other accrued professional and legal obligations. Student refunds, grants and scholarships represent amounts due to students for tuition refunds, federal and state grants payable, scholarships, and other related items. Other accrued liabilities </font><font style="font-family:Times New Roman;font-size:10pt;">primarily </font><font style="font-family:Times New Roman;font-size:10pt;">include</font><font style="font-family:Times New Roman;font-size:10pt;">s</font><font style="font-family:Times New Roman;font-size:10pt;"> sales and business taxes</font><font style="font-family:Times New Roman;font-size:10pt;">, facilities costs such as </font><font style="font-family:Times New Roman;font-size:10pt;">rent and </font><font style="font-family:Times New Roman;font-size:10pt;">utilities</font><font style="font-family:Times New Roman;font-size:10pt;">,</font><font style="font-family:Times New Roman;font-size:10pt;"> and certain accrued purchases</font><font style="font-family:Times New Roman;font-size:10pt;">.</font><font style="font-family:Times New Roman;font-size:10pt;"> </font></p>
<div><table style="border-collapse:collapse;margin-top:20px;"><tr style="height: 17px"><td colspan="7" style="width: 721px; text-align:left;border-color:#000000;min-width:721px;"><font style="FONT-WEIGHT: bold;FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;">Note 9. Debt</font></td></tr><tr style="height: 17px"><td style="width: 507px; text-align:left;border-color:#000000;min-width:507px;"> </td><td style="width: 13px; text-align:left;border-color:#000000;min-width:13px;"> </td><td style="width: 13px; text-align:left;border-color:#000000;min-width:13px;"> </td><td style="width: 81px; text-align:left;border-color:#000000;min-width:81px;"> </td><td style="width: 13px; text-align:left;border-color:#000000;min-width:13px;"> </td><td style="width: 13px; text-align:left;border-color:#000000;min-width:13px;"> </td><td style="width: 81px; text-align:left;border-color:#000000;min-width:81px;"> </td></tr><tr style="height: 17px"><td colspan="7" style="width: 721px; text-align:left;border-color:#000000;min-width:721px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;">Debt and short-term borrowings consist of the following as of February 28, 2010 and August 31, 2009:</font></td></tr><tr style="height: 17px"><td style="width: 507px; text-align:left;border-color:#000000;min-width:507px;"> </td><td style="width: 13px; text-align:left;border-color:#000000;min-width:13px;"> </td><td colspan="5" style="width: 201px; text-align:center;border-color:#000000;min-width:201px;"> </td></tr><tr style="height: 17px"><td style="width: 507px; text-align:left;border-color:#000000;min-width:507px;"> </td><td style="width: 13px; text-align:left;border-color:#000000;min-width:13px;"> </td><td colspan="2" style="width: 94px; text-align:center;border-color:#000000;min-width:94px;"><font style="FONT-WEIGHT: bold;FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: center;">February 28,</font></td><td style="width: 13px; text-align:left;border-color:#000000;min-width:13px;"> </td><td colspan="2" style="width: 94px; text-align:center;border-color:#000000;min-width:94px;"><font style="FONT-WEIGHT: bold;FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: center;">August 31,</font></td></tr><tr style="height: 17px"><td style="width: 507px; text-align:left;border-color:#000000;min-width:507px;"><font style="FONT-STYLE: italic;FONT-FAMILY: Times New Roman;FONT-SIZE: 8pt;COLOR: #000000;">($ in thousands)</font></td><td style="width: 13px; text-align:left;border-color:#000000;min-width:13px;"> </td><td colspan="2" style="width: 94px; border-bottom-style:solid;border-bottom-width:1px;text-align:center;border-color:#000000;min-width:94px;"><font style="FONT-WEIGHT: bold;FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: center;">2010</font></td><td style="width: 13px; text-align:center;border-color:#000000;min-width:13px;"> </td><td colspan="2" style="width: 94px; border-bottom-style:solid;border-bottom-width:1px;text-align:center;border-color:#000000;min-width:94px;"><font style="FONT-WEIGHT: bold;FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: center;">2009</font></td></tr><tr style="height: 17px"><td style="width: 507px; text-align:left;border-color:#000000;min-width:507px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;">Bank Facility, see terms below</font></td><td style="width: 13px; text-align:left;border-color:#000000;min-width:13px;"> </td><td style="width: 13px; text-align:right;border-color:#000000;min-width:13px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: right;">$</font></td><td style="width: 81px; text-align:right;border-color:#000000;min-width:81px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;"> 97,222</font></td><td style="width: 13px; text-align:right;border-color:#000000;min-width:13px;"> </td><td style="width: 13px; text-align:right;border-color:#000000;min-width:13px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: right;">$</font></td><td style="width: 81px; text-align:right;border-color:#000000;min-width:81px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;"> 495,608</font></td></tr><tr style="height: 17px"><td style="width: 507px; text-align:left;border-color:#000000;min-width:507px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;">Capital lease obligations</font></td><td style="width: 13px; text-align:left;border-color:#000000;min-width:13px;"> </td><td style="width: 13px; text-align:right;border-color:#000000;min-width:13px;"> </td><td style="width: 81px; text-align:right;border-color:#000000;min-width:81px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;"> 6,383</font></td><td style="width: 13px; text-align:right;border-color:#000000;min-width:13px;"> </td><td style="width: 13px; text-align:right;border-color:#000000;min-width:13px;"> </td><td style="width: 81px; text-align:right;border-color:#000000;min-width:81px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;"> 7,763</font></td></tr><tr style="height: 17px"><td style="width: 507px; text-align:left;border-color:#000000;min-width:507px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;">Other, interest rates ranging from 1.1% to 9.4% with various maturities from 2010 to 2019</font></td><td style="width: 13px; text-align:left;border-color:#000000;min-width:13px;"> </td><td style="width: 13px; border-bottom-style:solid;border-bottom-width:1px;text-align:right;border-color:#000000;min-width:13px;"> </td><td style="width: 81px; border-bottom-style:solid;border-bottom-width:1px;text-align:right;border-color:#000000;min-width:81px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;"> 72,504</font></td><td style="width: 13px; text-align:left;border-color:#000000;min-width:13px;"> </td><td style="width: 13px; border-bottom-style:solid;border-bottom-width:1px;text-align:right;border-color:#000000;min-width:13px;"> </td><td style="width: 81px; border-bottom-style:solid;border-bottom-width:1px;text-align:right;border-color:#000000;min-width:81px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;"> 85,695</font></td></tr><tr style="height: 17px"><td style="width: 507px; text-align:left;border-color:#000000;min-width:507px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;"> Total debt</font></td><td style="width: 13px; text-align:left;border-color:#000000;min-width:13px;"> </td><td style="width: 13px; text-align:right;border-color:#000000;min-width:13px;"> </td><td style="width: 81px; text-align:right;border-color:#000000;min-width:81px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;"> 176,109</font></td><td style="width: 13px; text-align:right;border-color:#000000;min-width:13px;"> </td><td style="width: 13px; text-align:right;border-color:#000000;min-width:13px;"> </td><td style="width: 81px; text-align:right;border-color:#000000;min-width:81px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;"> 589,066</font></td></tr><tr style="height: 17px"><td style="width: 507px; text-align:left;border-color:#000000;min-width:507px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;">Less short-term borrowings and current portion of long-term debt</font></td><td style="width: 13px; text-align:left;border-color:#000000;min-width:13px;"> </td><td style="width: 13px; border-bottom-style:solid;border-bottom-width:1px;text-align:right;border-color:#000000;min-width:13px;"> </td><td style="width: 81px; text-align:right;border-color:#000000;min-width:81px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;"> (54,587)</font></td><td style="width: 13px; text-align:right;border-color:#000000;min-width:13px;"> </td><td style="width: 13px; border-bottom-style:solid;border-bottom-width:1px;text-align:right;border-color:#000000;min-width:13px;"> </td><td style="width: 81px; text-align:right;border-color:#000000;min-width:81px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;"> (461,365)</font></td></tr><tr style="height: 18px"><td style="width: 507px; text-align:left;border-color:#000000;min-width:507px;"><font style="FONT-WEIGHT: bold;FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;"> Long-term debt</font></td><td style="width: 13px; text-align:left;border-color:#000000;min-width:13px;"> </td><td style="width: 13px; border-top-style:solid;border-top-width:1px;border-bottom-style:double;border-bottom-width:3px;text-align:right;border-color:#000000;min-width:13px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: right;">$</font></td><td style="width: 81px; border-top-style:solid;border-top-width:1px;border-bottom-style:double;border-bottom-width:3px;text-align:right;border-color:#000000;min-width:81px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;"> 121,522</font></td><td style="width: 13px; text-align:left;border-color:#000000;min-width:13px;"> </td><td style="width: 13px; border-top-style:solid;border-top-width:1px;border-bottom-style:double;border-bottom-width:3px;text-align:right;border-color:#000000;min-width:13px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: right;">$</font></td><td style="width: 81px; border-top-style:solid;border-top-width:1px;border-bottom-style:double;border-bottom-width:3px;text-align:right;border-color:#000000;min-width:81px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;"> 127,701</font></td></tr></table></div><p style='margin-top: 0pt; margin-bottom: 0pt;'></p><p style='margin-top:12pt; margin-bottom:0pt'><font style="font-family:Times New Roman;font-size:10pt;margin-left:0px;">On January 4, 2008, we entered into a syndicated $500 million credit agreement (the "Bank Facility"). The Bank Facility is an unsecured revolving credit facility </font><font style="font-family:Times New Roman;font-size:10pt;">available</font><font style="font-family:Times New Roman;font-size:10pt;"> for general corporate purposes including acquisitions and stock buybacks. The Bank Facility has an expansion feature for an aggregate principal amount of up to $250 million. The term is five years</font><font style="font-family:Times New Roman;font-size:10pt;">,</font><font style="font-family:Times New Roman;font-size:10pt;"> expir</font><font style="font-family:Times New Roman;font-size:10pt;">ing</font><font style="font-family:Times New Roman;font-size:10pt;"> on January 4, 2013. The Bank Facility provides a multi-currency sub-limit facility for borrowings in certain specified foreign currencies up to $300 million. </font></p><p style='margin-top:0pt; margin-bottom:0pt'> </p><p style='margin-top:0pt; margin-bottom:0pt'><font style="font-family:Times New Roman;font-size:10pt;margin-left:0px;">A</font><font style="font-family:Times New Roman;font-size:10pt;">s of August 31, 2009</font><font style="font-family:Times New Roman;font-size:10pt;">, w</font><font style="font-family:Times New Roman;font-size:10pt;">e borrowed our entire credit line under the Bank Facility, which included</font><font style="font-family:Times New Roman;font-size:10pt;"> £63.0</font><font style="font-family:Times New Roman;font-size:10pt;"> million denominated in British Pounds</font><font style="font-family:Times New Roman;font-size:10pt;"> </font><font style="font-family:Times New Roman;font-size:10pt;">(</font><font style="font-family:Times New Roman;font-size:10pt;">equivalent to $102.6 million and $97.2 million U</font><font style="font-family:Times New Roman;font-size:10pt;">.</font><font style="font-family:Times New Roman;font-size:10pt;">S</font><font style="font-family:Times New Roman;font-size:10pt;">.</font><font style="font-family:Times New Roman;font-size:10pt;"> dollars as of August 31, 2009 and February 28, 2010, respectively)</font><font style="font-family:Times New Roman;font-size:10pt;"> </font><font style="font-family:Times New Roman;font-size:10pt;">related to the BPP acquisition. </font><font style="font-family:Times New Roman;font-size:10pt;">We repaid t</font><font style="font-family:Times New Roman;font-size:10pt;">he U.S. dollar denominated debt on our Bank Facility of $393 million </font><font style="font-family:Times New Roman;font-size:10pt;">during the </font><font style="font-family:Times New Roman;font-size:10pt;">first quarter of fiscal year 2010</font><font style="font-family:Times New Roman;font-size:10pt;">.</font></p><p style='margin-top:0pt; margin-bottom:0pt'> </p><p style='margin-top:0pt; margin-bottom:0pt'><font style="font-family:Times New Roman;font-size:10pt;margin-left:0px;">The Bank Facility fees are determined based on a pricing grid that varies according to our leverage ratio. The Bank Facility fee ranges from 12.5 to 17.5 basis points and the incremental fees for borrowings under the facility range from LIBOR + 50.0 to 82.5 basis points. The weighted average interest rate on outstanding borrowings under the Bank Facility at </font><font style="font-family:Times New Roman;font-size:10pt;">February 28, 2010</font><font style="font-family:Times New Roman;font-size:10pt;"> was </font><font style="font-family:Times New Roman;font-size:10pt;">1.0%</font><font style="font-family:Times New Roman;font-size:10pt;">.</font><font style="font-family:Times New Roman;font-size:10pt;"> </font></p><p style='margin-top:0pt; margin-bottom:0pt'> </p><p style='margin-top:0pt; margin-bottom:0pt'><font style="font-family:Times New Roman;font-size:10pt;margin-left:0px;">The Bank Facility contains affirmative and negative covenants, including the following financial covenants: maximum leverage ratio, minimum coverage interest and rent expense ratio, and a U.S. Department of Education financial responsibility composite score. In addition, there are covenants restricting indebtedness, liens, investments, asset transfers and distributions.</font><font style="font-family:Times New Roman;font-size:10pt;"> We</font><font style="font-family:Times New Roman;font-size:10pt;"> </font><font style="font-family:Times New Roman;font-size:10pt;">were</font><font style="font-family:Times New Roman;font-size:10pt;"> in compliance with all </font><font style="font-family:Times New Roman;font-size:10pt;">covenants related to the </font><font style="font-family:Times New Roman;font-size:10pt;">Bank Facility </font><font style="font-family:Times New Roman;font-size:10pt;">at </font><font style="font-family:Times New Roman;font-size:10pt;">February 28, 2010</font><font style="font-family:Times New Roman;font-size:10pt;">.</font></p><p style='margin-top:0pt; margin-bottom:0pt'> </p><p style='margin-top:0pt; margin-bottom:0pt'><font style="font-family:Times New Roman;font-size:10pt;margin-left:0px;">Other debt includes </font><font style="font-family:Times New Roman;font-size:10pt;">$59.7</font><font style="font-family:Times New Roman;font-size:10pt;"> million of variable rate debt and </font><font style="font-family:Times New Roman;font-size:10pt;">$</font><font style="font-family:Times New Roman;font-size:10pt;">12.8</font><font style="font-family:Times New Roman;font-size:10pt;"> million of fixed rate debt at the subsidiaries of Apollo Global. The weighted average interest rate of these debt instruments at </font><font style="font-family:Times New Roman;font-size:10pt;">February 28, 2010</font><font style="font-family:Times New Roman;font-size:10pt;"> was </font><font style="font-family:Times New Roman;font-size:10pt;">2.9%</font><font style="font-family:Times New Roman;font-size:10pt;">.</font></p><p style='margin-top:0pt; margin-bottom:0pt'> </p><p style='margin-top:0pt; margin-bottom:0pt'><font style="font-family:Times New Roman;font-size:10pt;margin-left:0px;">Please refer to </font><font style="font-family:Times New Roman;font-size:10pt;">Note </font><font style="font-family:Times New Roman;font-size:10pt;">7, Fair Value Measurements, for discussion of the fair value of our debt.</font></p>
<div><table style="border-collapse:collapse;margin-top:20px;"><tr style="height: 17px"><td colspan="6" style="width: 720px; text-align:left;border-color:#000000;min-width:720px;"><font style="FONT-WEIGHT: bold;FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;">Note 10. Other Liabilities</font></td></tr><tr style="height: 17px"><td style="width: 531px; text-align:left;border-color:#000000;min-width:531px;"> </td><td style="width: 13px; text-align:left;border-color:#000000;min-width:13px;"> </td><td style="width: 75px; text-align:left;border-color:#000000;min-width:75px;"> </td><td style="width: 13px; text-align:left;border-color:#000000;min-width:13px;"> </td><td style="width: 13px; text-align:left;border-color:#000000;min-width:13px;"> </td><td style="width: 75px; text-align:left;border-color:#000000;min-width:75px;"> </td></tr><tr style="height: 17px"><td colspan="6" style="width: 720px; text-align:left;border-color:#000000;min-width:720px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;">Other liabilities consist of the following as of February 28, 2010 and August 31, 2009:</font></td></tr><tr style="height: 17px"><td style="width: 531px; text-align:left;border-color:#000000;min-width:531px;"> </td><td colspan="2" style="width: 88px; text-align:center;border-color:#000000;min-width:88px;"> </td><td style="width: 13px; text-align:left;border-color:#000000;min-width:13px;"> </td><td style="width: 13px; text-align:left;border-color:#000000;min-width:13px;"> </td><td style="width: 75px; text-align:left;border-color:#000000;min-width:75px;"> </td></tr><tr style="height: 17px"><td style="width: 531px; text-align:left;border-color:#000000;min-width:531px;"><font style="FONT-STYLE: italic;FONT-FAMILY: Times New Roman;FONT-SIZE: 8pt;COLOR: #000000;TEXT-ALIGN: left;">($ in thousands)</font></td><td colspan="2" style="width: 88px; border-bottom-style:solid;border-bottom-width:1px;text-align:center;border-color:#000000;min-width:88px;"><font style="FONT-WEIGHT: bold;FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: center;">February 28, 2010</font></td><td style="width: 13px; text-align:center;border-color:#000000;min-width:13px;"> </td><td colspan="2" style="width: 88px; border-bottom-style:solid;border-bottom-width:1px;text-align:center;border-color:#000000;min-width:88px;"><font style="FONT-WEIGHT: bold;FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: center;">August 31, 2009</font></td></tr><tr style="height: 17px"><td style="width: 531px; text-align:left;border-color:#000000;min-width:531px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: left;">Deferred rent and other lease incentives</font></td><td style="width: 13px; text-align:right;border-color:#000000;min-width:13px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: right;">$</font></td><td style="width: 75px; text-align:right;border-color:#000000;min-width:75px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;"> 75,834</font></td><td style="width: 13px; text-align:left;border-color:#000000;min-width:13px;"> </td><td style="width: 13px; text-align:right;border-color:#000000;min-width:13px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: right;">$</font></td><td style="width: 75px; text-align:right;border-color:#000000;min-width:75px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;"> 71,579</font></td></tr><tr style="height: 17px"><td style="width: 531px; text-align:left;border-color:#000000;min-width:531px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: left;">Reserve for uncertain tax positions</font></td><td style="width: 13px; text-align:right;border-color:#000000;min-width:13px;"> </td><td style="width: 75px; text-align:right;border-color:#000000;min-width:75px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;"> 63,594</font></td><td style="width: 13px; text-align:left;border-color:#000000;min-width:13px;"> </td><td style="width: 13px; text-align:right;border-color:#000000;min-width:13px;"> </td><td style="width: 75px; text-align:right;border-color:#000000;min-width:75px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;"> 97,619</font></td></tr><tr style="height: 17px"><td style="width: 531px; text-align:left;border-color:#000000;min-width:531px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: left;">Other</font></td><td style="width: 13px; border-bottom-style:solid;border-bottom-width:1px;text-align:right;border-color:#000000;min-width:13px;"> </td><td style="width: 75px; border-bottom-style:solid;border-bottom-width:1px;text-align:right;border-color:#000000;min-width:75px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;"> 68,720</font></td><td style="width: 13px; text-align:left;border-color:#000000;min-width:13px;"> </td><td style="width: 13px; border-bottom-style:solid;border-bottom-width:1px;text-align:right;border-color:#000000;min-width:13px;"> </td><td style="width: 75px; border-bottom-style:solid;border-bottom-width:1px;text-align:right;border-color:#000000;min-width:75px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;"> 64,838</font></td></tr><tr style="height: 17px"><td style="width: 531px; text-align:left;border-color:#000000;min-width:531px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;"> Total other liabilities </font></td><td style="width: 13px; text-align:right;border-color:#000000;min-width:13px;"> </td><td style="width: 75px; text-align:right;border-color:#000000;min-width:75px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;"> 208,148</font></td><td style="width: 13px; text-align:left;border-color:#000000;min-width:13px;"> </td><td style="width: 13px; text-align:right;border-color:#000000;min-width:13px;"> </td><td style="width: 75px; text-align:right;border-color:#000000;min-width:75px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;"> 234,036</font></td></tr><tr style="height: 17px"><td style="width: 531px; text-align:left;border-color:#000000;min-width:531px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;">Less current portion </font></td><td style="width: 13px; text-align:right;border-color:#000000;min-width:13px;"> </td><td style="width: 75px; border-bottom-style:solid;border-bottom-width:1px;text-align:right;border-color:#000000;min-width:75px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;"> (98,630)</font></td><td style="width: 13px; text-align:left;border-color:#000000;min-width:13px;"> </td><td style="width: 13px; text-align:right;border-color:#000000;min-width:13px;"> </td><td style="width: 75px; border-bottom-style:solid;border-bottom-width:1px;text-align:right;border-color:#000000;min-width:75px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;"> (133,887)</font></td></tr><tr style="height: 18px"><td style="width: 531px; text-align:left;border-color:#000000;min-width:531px;"><font style="FONT-WEIGHT: bold;FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;"> Total other long-term liabilities</font></td><td style="width: 13px; border-top-style:solid;border-top-width:1px;border-bottom-style:double;border-bottom-width:3px;text-align:right;border-color:#000000;min-width:13px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: right;">$</font></td><td style="width: 75px; border-top-style:solid;border-top-width:1px;border-bottom-style:double;border-bottom-width:3px;text-align:right;border-color:#000000;min-width:75px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;"> 109,518</font></td><td style="width: 13px; text-align:left;border-color:#000000;min-width:13px;"> </td><td style="width: 13px; border-top-style:solid;border-top-width:1px;border-bottom-style:double;border-bottom-width:3px;text-align:right;border-color:#000000;min-width:13px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: right;">$</font></td><td style="width: 75px; border-top-style:solid;border-top-width:1px;border-bottom-style:double;border-bottom-width:3px;text-align:right;border-color:#000000;min-width:75px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;"> 100,149</font></td></tr></table></div><p style='margin-top: 0pt; margin-bottom: 0pt;'></p><p style='margin-top:12pt; margin-bottom:0pt'><font style="font-family:Times New Roman;font-size:10pt;margin-left:0px;">Deferred rent and other lease incentives represent amounts included in lease agreements and are amortized on a straight-line basis over the term of the leases. Refer to Note 11, Income Taxes, for discussion of our uncertain tax positions.</font></p>
<p style='margin-top:0pt; margin-bottom:0pt'><font style="font-family:Times New Roman;font-size:10pt;font-weight:bold;margin-left:0px;">Note </font><font style="font-family:Times New Roman;font-size:10pt;font-weight:bold;">11</font><font style="font-family:Times New Roman;font-size:10pt;font-weight:bold;">. Income Taxes</font></p><p style='margin-top:0pt; margin-bottom:0pt'> </p><p style='margin-top:0pt; margin-bottom:0pt'><font style="font-family:Times New Roman;font-size:10pt;margin-left:0px;">We exercise significant judgment in determining our income tax provision due to transactions, credits and calculations where the ultimate tax determination is uncertain. Please refer to our significant accounting policies included in our 2009 Annual Report on Form 10-K for further discussion.</font></p><p style='margin-top:0pt; margin-bottom:0pt'> </p><p style='margin-top:0pt; margin-bottom:0pt'><font style="font-family:Times New Roman;font-size:10pt;margin-left:0px;">During the six months ended February 28, 2010, our unrecognized tax benefits decreased by $24.6 million, excluding interest and penalties, primarily as a result of settling our Internal Revenue Code Section 162(m) issue related to stock option compensation as discussed below. This decrease was partially offset by an increase in our unrecognized tax benefits as a result of tax positions taken during the </font><font style="font-family:Times New Roman;font-size:10pt;">six months ended February 28, 2010</font><font style="font-family:Times New Roman;font-size:10pt;"> related to state taxes.</font></p><p style='margin-top:0pt; margin-bottom:0pt'> </p><p style='margin-top:0pt; margin-bottom:0pt'><font style="font-family:Times New Roman;font-size:10pt;margin-left:0px;">As of February 28, 2010, we had total </font><font style="font-family:Times New Roman;font-size:10pt;">uncertain tax positions of $63.6</font><font style="font-family:Times New Roman;font-size:10pt;"> million, including accrued interest and penalties</font><font style="font-family:Times New Roman;font-size:10pt;"> of $3.9 million</font><font style="font-family:Times New Roman;font-size:10pt;">, of which $50.8 million is included in other current liabilities in our Condensed Consolidated Balance Sheets. We believe that it is reasonably possible that this portion of our uncertain tax positions could be resolved or settled within the next 12 months. The current portion of our uncertain tax positions principally relates to amounts accrued related to allocation and apportionment of our income amongst various state and local jurisdictions. The entire amount of our unrecognized tax benefits would favorably affect our effective rate if ultimately recognized. </font></p><p style='margin-top:0pt; margin-bottom:0pt'> </p><p style='margin-top:0pt; margin-bottom:0pt'><font style="font-family:Times New Roman;font-size:10pt;font-style:italic;margin-left:0px;">Internal Revenue Service Audits</font><font style="font-family:Times New Roman;font-size:10pt;"> </font></p><p style='margin-top:0pt; margin-bottom:0pt'> </p><p style='margin-top:0pt; margin-bottom:0pt'><font style="font-family:Times New Roman;font-size:10pt;margin-left:0px;">An audit relating to our </font><font style="font-family:Times New Roman;font-size:10pt;">U.S.</font><font style="font-family:Times New Roman;font-size:10pt;"> federal income tax returns for fiscal years 2003 through 2005 commenced in September 2006. In February 2009, the Internal Revenue Service issued an examination report and proposed to disallow deductions relating to stock option compensation in excess of the limitations of Internal Revenue Code Section 162(m). Under Section 162(m), the amount of such deduction per covered executive officer is limited to $1.0 million per year, except to the extent the compensation qualifies as performance-based. Compensation attributable to options with revised measurement dates may not have qualified as performance-based compensation. The Internal Revenue Service examination report also proposed the additions of penalties and interest. On March 6, 2009, we commenced administrative proceedings with the Office of Appeals of the Internal Revenue Service challenging the proposed adjustments, including penalties and interest. On November 25, 2009, we executed a Closing Agreement with the Internal Revenue Service Office of Appeals to settle this matter. The settlement resolves only the disputed tax issues between the Internal Revenue Service and us and is not an admission by us of liability, wrongdoing, legal compliance or non-compliance for any other purpose.</font></p><p style='margin-top:0pt; margin-bottom:0pt'> </p><p style='margin-top:0pt; margin-bottom:0pt'><font style="font-family:Times New Roman;font-size:10pt;margin-left:0px;">We accrued an additional $0.5 million of interest during the first quarter of fiscal year 2010, resulting in a total accrual, prior to the settlement, of $50.5 million included in our reserve for uncertain tax positions relating to this issue. As a result of this settlement, we reclassified $27.3 million to income taxes payable in our Condensed Consolidated Balance S</font><font style="font-family:Times New Roman;font-size:10pt;">heets as of November 30, 2009. </font><font style="font-family:Times New Roman;font-size:10pt;">We paid </font><font style="font-family:Times New Roman;font-size:10pt;">$</font><font style="font-family:Times New Roman;font-size:10pt;">22.6 million during the second quarter of fiscal year 2010 and we expect to pay the remainder by the end of fiscal year 2010. The remaining accrual of $23.2 million, relating to the amount in excess of the settlement, was reversed during the first quarter of fiscal year 2010 through a reduction in the provision for income taxes, a decrease in deferred tax assets, and an increase in additional paid-in capital in the amounts of $10.2 million, $1.5 million and $11.5 million, respectively.</font></p><p style='margin-top:0pt; margin-bottom:0pt'> </p><p style='margin-top:0pt; margin-bottom:0pt'><font style="font-family:Times New Roman;font-size:10pt;margin-left:0px;">Based on the agreed upon settlement, we believe that we are entitled to certain deductions related to stock option compensation that were not claimed on our tax returns for the years ended in 2006 through 2009. During the first quarter of fiscal year 2010, we recorded the benefit of these deductions through provision for income taxes, deferred taxes, and additional paid-in-capital in the amounts of $1.2 million, $0.9 million, and $16.0 million, respectively. We have submitted claims to the Internal Revenue Service for the deductions that were not taken on our tax returns for the years ended in 2006, 2007, and 2008. We intend to claim the deductions related to stock option compensation in fiscal year 2009 on our tax return for the year ended in 2009.</font></p><p style='margin-top:0pt; margin-bottom:0pt'> </p><p style='margin-top:0pt; margin-bottom:0pt'><font style="font-family:Times New Roman;font-size:10pt;margin-left:0px;">During fiscal year 2009, the Internal Revenue Service commenced an examination of our tax returns for the years ended in 2006, 2007, and 2008. In addition, we are subject to numerous ongoing audits by state, local, and foreign tax authorities. Although we believe our tax accruals to be reasonable, the final determination of tax audits in the </font><font style="font-family:Times New Roman;font-size:10pt;">U.S.</font><font style="font-family:Times New Roman;font-size:10pt;"> or abroad and any related litigation could be materially different from our historical income tax provisions and accruals.</font></p>
<p style='margin-top:0pt; margin-bottom:0pt'><font style="font-family:Times New Roman;font-size:10pt;font-weight:bold;margin-left:0px;">Note </font><font style="font-family:Times New Roman;font-size:10pt;font-weight:bold;">12</font><font style="font-family:Times New Roman;font-size:10pt;font-weight:bold;">. S</font><font style="font-family:Times New Roman;font-size:10pt;font-weight:bold;">hare</font><font style="font-family:Times New Roman;font-size:10pt;font-weight:bold;">holders' Equity</font></p><p style='margin-top:0pt; margin-bottom:0pt'> </p><p style='margin-top:0pt; margin-bottom:0pt'><font style="font-family:Times New Roman;font-size:10pt;margin-left:0px;">The following tables detail changes in</font><font style="font-family:Times New Roman;font-size:10pt;"> shareholders' equity during</font><font style="font-family:Times New Roman;font-size:10pt;"> </font><font style="font-family:Times New Roman;font-size:10pt;">the</font><font style="font-family:Times New Roman;font-size:10pt;"> six months ended February 28, 2010 and 2009</font><font style="font-family:Times New Roman;font-size:10pt;">:</font></p><p style='margin-top: 0pt; margin-bottom: 0pt;'></p><div><table style="border-collapse:collapse;margin-top:20px;"><tr style="height: 15px"><td style="width: 151px; text-align:left;border-color:#000000;min-width:151px;"> </td><td colspan="5" style="width: 91px; border-bottom-style:solid;border-bottom-width:1px;text-align:center;border-color:#000000;min-width:91px;"><font style="FONT-WEIGHT: bold;FONT-FAMILY: Times New Roman;FONT-SIZE: 7pt;COLOR: #000000;TEXT-ALIGN: center;">Common Stock</font></td><td style="width: 4px; text-align:center;border-color:#000000;min-width:4px;"> </td><td colspan="2" rowspan="Aspose.Cells.Range" style="width: 54px; text-align:center;border-color:#000000;min-width:54px;"><font style="FONT-WEIGHT: bold;FONT-FAMILY: Times New Roman;FONT-SIZE: 7pt;COLOR: #000000;TEXT-ALIGN: center;">Additional Paid-in Capital</font></td><td style="width: 4px; text-align:center;border-color:#000000;min-width:4px;"> </td><td colspan="2" rowspan="Aspose.Cells.Range" style="width: 66px; text-align:center;border-color:#000000;min-width:66px;"><font style="FONT-WEIGHT: bold;FONT-FAMILY: Times New Roman;FONT-SIZE: 7pt;COLOR: #000000;TEXT-ALIGN: center;">Treasury Stock
Class A</font></td><td style="width: 3px; text-align:center;border-color:#000000;min-width:3px;"> </td><td colspan="2" rowspan="Aspose.Cells.Range" style="width: 61px; text-align:center;border-color:#000000;min-width:61px;"><font style="FONT-WEIGHT: bold;FONT-FAMILY: Times New Roman;FONT-SIZE: 7pt;COLOR: #000000;TEXT-ALIGN: center;">Retained Earnings </font></td><td style="width: 3px; text-align:center;border-color:#000000;min-width:3px;"> </td><td colspan="2" rowspan="Aspose.Cells.Range" style="width: 71px; text-align:center;border-color:#000000;min-width:71px;"><font style="FONT-WEIGHT: bold;FONT-FAMILY: Times New Roman;FONT-SIZE: 7pt;COLOR: #000000;TEXT-ALIGN: center;">Accumulated Other Comprehensive Loss</font></td><td style="width: 6px; text-align:center;border-color:#000000;min-width:6px;"> </td><td colspan="2" rowspan="Aspose.Cells.Range" style="width: 70px; text-align:center;border-color:#000000;min-width:70px;"><font style="FONT-WEIGHT: bold;FONT-FAMILY: Times New Roman;FONT-SIZE: 7pt;COLOR: #000000;TEXT-ALIGN: center;">Total Apollo Shareholders' Equity</font></td><td style="width: 6px; text-align:center;border-color:#000000;min-width:6px;"> </td><td colspan="2" rowspan="Aspose.Cells.Range" style="width: 70px; text-align:center;border-color:#000000;min-width:70px;"><font style="FONT-WEIGHT: bold;FONT-FAMILY: Times New Roman;FONT-SIZE: 7pt;COLOR: #000000;TEXT-ALIGN: center;">Noncontrolling Interests</font></td><td style="width: 6px; text-align:center;border-color:#000000;min-width:6px;"> </td><td colspan="2" rowspan="Aspose.Cells.Range" style="width: 59px; text-align:center;border-color:#000000;min-width:59px;"><font style="FONT-WEIGHT: bold;FONT-FAMILY: Times New Roman;FONT-SIZE: 7pt;COLOR: #000000;TEXT-ALIGN: center;">Total Equity </font></td></tr><tr style="height: 15px"><td style="width: 151px; text-align:left;border-color:#000000;min-width:151px;"> </td><td colspan="2" style="width: 46px; border-bottom-style:solid;border-bottom-width:1px;text-align:center;border-color:#000000;min-width:46px;"><font style="FONT-WEIGHT: bold;FONT-FAMILY: Times New Roman;FONT-SIZE: 7pt;COLOR: #000000;TEXT-ALIGN: center;">Class A</font></td><td style="width: 4px; text-align:center;border-color:#000000;min-width:4px;"> </td><td colspan="2" style="width: 41px; border-bottom-style:solid;border-bottom-width:1px;text-align:center;border-color:#000000;min-width:41px;"><font style="FONT-WEIGHT: bold;FONT-FAMILY: Times New Roman;FONT-SIZE: 7pt;COLOR: #000000;TEXT-ALIGN: center;">Class B</font></td><td style="width: 4px; text-align:center;border-color:#000000;min-width:4px;"> </td><td style="width: 43px; text-align:center;border-color:#000000;min-width:43px;"> </td><td style="width: 4px; text-align:center;border-color:#000000;min-width:4px;"> </td><td style="width: 55px; border-bottom-style:solid;border-bottom-width:1px;text-align:center;border-color:#000000;min-width:55px;"> </td><td style="width: 3px; text-align:center;border-color:#000000;min-width:3px;"> </td><td style="width: 50px; text-align:center;border-color:#000000;min-width:50px;"> </td><td style="width: 3px; text-align:center;border-color:#000000;min-width:3px;"> </td><td style="width: 60px; text-align:center;border-color:#000000;min-width:60px;"> </td><td style="width: 6px; text-align:center;border-color:#000000;min-width:6px;"> </td><td style="width: 59px; text-align:center;border-color:#000000;min-width:59px;"> </td><td style="width: 6px; text-align:center;border-color:#000000;min-width:6px;"> </td><td style="width: 59px; text-align:center;border-color:#000000;min-width:59px;"> </td><td style="width: 6px; text-align:center;border-color:#000000;min-width:6px;"> </td><td style="width: 48px; text-align:center;border-color:#000000;min-width:48px;"> </td></tr><tr style="height: 15px"><td style="width: 151px; text-align:left;border-color:#000000;min-width:151px;"> </td><td colspan="2" style="width: 46px; border-bottom-style:solid;border-bottom-width:1px;text-align:center;border-color:#000000;min-width:46px;"><font style="FONT-WEIGHT: bold;FONT-FAMILY: Times New Roman;FONT-SIZE: 7pt;COLOR: #000000;TEXT-ALIGN: center;">Stated Value </font></td><td style="width: 4px; text-align:center;border-color:#000000;min-width:4px;"> </td><td colspan="2" style="width: 41px; border-bottom-style:solid;border-bottom-width:1px;text-align:center;border-color:#000000;min-width:41px;"><font style="FONT-WEIGHT: bold;FONT-FAMILY: Times New Roman;FONT-SIZE: 7pt;COLOR: #000000;TEXT-ALIGN: center;">Stated Value </font></td><td style="width: 4px; text-align:center;border-color:#000000;min-width:4px;"> </td><td style="width: 43px; border-bottom-style:solid;border-bottom-width:1px;text-align:center;border-color:#000000;min-width:43px;"> </td><td style="width: 4px; text-align:center;border-color:#000000;min-width:4px;"> </td><td colspan="2" style="width: 66px; border-bottom-style:solid;border-bottom-width:1px;text-align:center;border-color:#000000;min-width:66px;"><font style="FONT-WEIGHT: bold;FONT-FAMILY: Times New Roman;FONT-SIZE: 7pt;COLOR: #000000;TEXT-ALIGN: center;">Stated Value </font></td><td style="width: 3px; text-align:center;border-color:#000000;min-width:3px;"> </td><td style="width: 50px; border-bottom-style:solid;border-bottom-width:1px;text-align:center;border-color:#000000;min-width:50px;"> </td><td style="width: 3px; text-align:center;border-color:#000000;min-width:3px;"> </td><td style="width: 60px; border-bottom-style:solid;border-bottom-width:1px;text-align:center;border-color:#000000;min-width:60px;"> </td><td style="width: 6px; text-align:center;border-color:#000000;min-width:6px;"> </td><td style="width: 59px; border-bottom-style:solid;border-bottom-width:1px;text-align:center;border-color:#000000;min-width:59px;"> </td><td style="width: 6px; text-align:center;border-color:#000000;min-width:6px;"> </td><td style="width: 59px; border-bottom-style:solid;border-bottom-width:1px;text-align:center;border-color:#000000;min-width:59px;"> </td><td style="width: 6px; text-align:center;border-color:#000000;min-width:6px;"> </td><td style="width: 48px; border-bottom-style:solid;border-bottom-width:1px;text-align:center;border-color:#000000;min-width:48px;"> </td></tr><tr style="height: 15px"><td style="width: 151px; text-align:left;border-color:#000000;min-width:151px;"><font style="FONT-STYLE: italic;FONT-FAMILY: Times New Roman;FONT-SIZE: 7pt;COLOR: #000000;TEXT-ALIGN: left;">($ in thousands)</font></td><td style="width: 11px; text-align:left;border-color:#000000;min-width:11px;"> </td><td style="width: 35px; text-align:left;border-color:#000000;min-width:35px;"> </td><td style="width: 4px; text-align:left;border-color:#000000;min-width:4px;"> </td><td style="width: 11px; text-align:left;border-color:#000000;min-width:11px;"> </td><td style="width: 30px; text-align:left;border-color:#000000;min-width:30px;"> </td><td style="width: 4px; text-align:left;border-color:#000000;min-width:4px;"> </td><td style="width: 11px; text-align:left;border-color:#000000;min-width:11px;"> </td><td style="width: 43px; text-align:left;border-color:#000000;min-width:43px;"> </td><td style="width: 4px; text-align:left;border-color:#000000;min-width:4px;"> </td><td style="width: 11px; text-align:left;border-color:#000000;min-width:11px;"> </td><td style="width: 55px; text-align:left;border-color:#000000;min-width:55px;"> </td><td style="width: 3px; text-align:left;border-color:#000000;min-width:3px;"> </td><td style="width: 11px; text-align:left;border-color:#000000;min-width:11px;"> </td><td style="width: 50px; text-align:left;border-color:#000000;min-width:50px;"> </td><td style="width: 3px; text-align:left;border-color:#000000;min-width:3px;"> </td><td style="width: 11px; text-align:left;border-color:#000000;min-width:11px;"> </td><td style="width: 60px; text-align:left;border-color:#000000;min-width:60px;"> </td><td style="width: 6px; text-align:left;border-color:#000000;min-width:6px;"> </td><td style="width: 11px; text-align:left;border-color:#000000;min-width:11px;"> </td><td style="width: 59px; text-align:left;border-color:#000000;min-width:59px;"> </td><td style="width: 6px; text-align:left;border-color:#000000;min-width:6px;"> </td><td style="width: 11px; text-align:left;border-color:#000000;min-width:11px;"> </td><td style="width: 59px; text-align:left;border-color:#000000;min-width:59px;"> </td><td style="width: 6px; text-align:left;border-color:#000000;min-width:6px;"> </td><td style="width: 11px; text-align:left;border-color:#000000;min-width:11px;"> </td><td style="width: 48px; text-align:left;border-color:#000000;min-width:48px;"> </td></tr><tr style="height: 15px"><td style="width: 151px; text-align:left;border-color:#000000;min-width:151px;"><font style="FONT-WEIGHT: bold;FONT-FAMILY: Times New Roman;FONT-SIZE: 7pt;COLOR: #000000;TEXT-ALIGN: left;">Balance as of August 31, 2009</font></td><td style="width: 11px; text-align:right;border-color:#000000;min-width:11px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 7pt;COLOR: #000000;TEXT-ALIGN: right;">$</font></td><td style="width: 35px; text-align:right;border-color:#000000;min-width:35px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 7pt;COLOR: #000000;"> 103</font></td><td style="width: 4px; text-align:right;border-color:#000000;min-width:4px;"> </td><td style="width: 11px; text-align:right;border-color:#000000;min-width:11px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 7pt;COLOR: #000000;TEXT-ALIGN: right;">$</font></td><td style="width: 30px; text-align:right;border-color:#000000;min-width:30px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 7pt;COLOR: #000000;"> 1</font></td><td style="width: 4px; text-align:right;border-color:#000000;min-width:4px;"> </td><td style="width: 11px; text-align:right;border-color:#000000;min-width:11px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 7pt;COLOR: #000000;TEXT-ALIGN: right;">$</font></td><td style="width: 43px; text-align:right;border-color:#000000;min-width:43px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 7pt;COLOR: #000000;"> 1,139</font></td><td style="width: 4px; text-align:right;border-color:#000000;min-width:4px;"> </td><td style="width: 11px; text-align:right;border-color:#000000;min-width:11px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 7pt;COLOR: #000000;TEXT-ALIGN: right;">$</font></td><td style="width: 55px; text-align:right;border-color:#000000;min-width:55px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 7pt;COLOR: #000000;"> (2,022,623)</font></td><td style="width: 3px; text-align:right;border-color:#000000;min-width:3px;"> </td><td style="width: 11px; text-align:right;border-color:#000000;min-width:11px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 7pt;COLOR: #000000;TEXT-ALIGN: right;">$</font></td><td style="width: 50px; text-align:right;border-color:#000000;min-width:50px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 7pt;COLOR: #000000;"> 3,195,043</font></td><td style="width: 3px; text-align:right;border-color:#000000;min-width:3px;"> </td><td style="width: 11px; text-align:right;border-color:#000000;min-width:11px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 7pt;COLOR: #000000;TEXT-ALIGN: right;">$</font></td><td style="width: 60px; text-align:right;border-color:#000000;min-width:60px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 7pt;COLOR: #000000;"> (13,740)</font></td><td style="width: 6px; text-align:right;border-color:#000000;min-width:6px;"> </td><td style="width: 11px; text-align:right;border-color:#000000;min-width:11px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 7pt;COLOR: #000000;TEXT-ALIGN: right;">$</font></td><td style="width: 59px; text-align:right;border-color:#000000;min-width:59px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 7pt;COLOR: #000000;"> 1,159,923</font></td><td style="width: 6px; text-align:right;border-color:#000000;min-width:6px;"> </td><td style="width: 11px; text-align:right;border-color:#000000;min-width:11px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 7pt;COLOR: #000000;TEXT-ALIGN: right;">$</font></td><td style="width: 59px; text-align:right;border-color:#000000;min-width:59px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 7pt;COLOR: #000000;"> 64,690</font></td><td style="width: 6px; text-align:right;border-color:#000000;min-width:6px;"> </td><td style="width: 11px; text-align:right;border-color:#000000;min-width:11px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 7pt;COLOR: #000000;TEXT-ALIGN: right;">$</font></td><td style="width: 48px; text-align:right;border-color:#000000;min-width:48px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 7pt;COLOR: #000000;"> 1,224,613</font></td></tr><tr style="height: 15px"><td style="width: 151px; text-align:left;border-color:#000000;min-width:151px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 7pt;COLOR: #000000;">Treasury stock purchases</font></td><td style="width: 11px; text-align:right;border-color:#000000;min-width:11px;"> </td><td style="width: 35px; text-align:right;border-color:#000000;min-width:35px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 7pt;COLOR: #000000;"> -</font></td><td style="width: 4px; text-align:right;border-color:#000000;min-width:4px;"> </td><td style="width: 11px; text-align:right;border-color:#000000;min-width:11px;"> </td><td style="width: 30px; text-align:right;border-color:#000000;min-width:30px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 7pt;COLOR: #000000;"> -</font></td><td style="width: 4px; text-align:right;border-color:#000000;min-width:4px;"> </td><td style="width: 11px; text-align:right;border-color:#000000;min-width:11px;"> </td><td style="width: 43px; text-align:right;border-color:#000000;min-width:43px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 7pt;COLOR: #000000;"> -</font></td><td style="width: 4px; text-align:right;border-color:#000000;min-width:4px;"> </td><td style="width: 11px; text-align:right;border-color:#000000;min-width:11px;"> </td><td style="width: 55px; text-align:right;border-color:#000000;min-width:55px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 7pt;COLOR: #000000;"> (201,111)</font></td><td style="width: 3px; text-align:right;border-color:#000000;min-width:3px;"> </td><td style="width: 11px; text-align:right;border-color:#000000;min-width:11px;"> </td><td style="width: 50px; text-align:right;border-color:#000000;min-width:50px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 7pt;COLOR: #000000;"> -</font></td><td style="width: 3px; text-align:right;border-color:#000000;min-width:3px;"> </td><td style="width: 11px; text-align:right;border-color:#000000;min-width:11px;"> </td><td style="width: 60px; text-align:right;border-color:#000000;min-width:60px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 7pt;COLOR: #000000;"> -</font></td><td style="width: 6px; text-align:right;border-color:#000000;min-width:6px;"> </td><td style="width: 11px; text-align:right;border-color:#000000;min-width:11px;"> </td><td style="width: 59px; text-align:right;border-color:#000000;min-width:59px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 7pt;COLOR: #000000;"> (201,111)</font></td><td style="width: 6px; text-align:right;border-color:#000000;min-width:6px;"> </td><td style="width: 11px; text-align:right;border-color:#000000;min-width:11px;"> </td><td style="width: 59px; text-align:right;border-color:#000000;min-width:59px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 7pt;COLOR: #000000;"> -</font></td><td style="width: 6px; text-align:right;border-color:#000000;min-width:6px;"> </td><td style="width: 11px; text-align:right;border-color:#000000;min-width:11px;"> </td><td style="width: 48px; text-align:right;border-color:#000000;min-width:48px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 7pt;COLOR: #000000;"> (201,111)</font></td></tr><tr style="height: 15px"><td style="width: 151px; text-align:left;border-color:#000000;min-width:151px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 7pt;COLOR: #000000;">Stock issued under stock purchase plans</font></td><td style="width: 11px; text-align:left;border-color:#000000;min-width:11px;"> </td><td style="width: 35px; text-align:right;border-color:#000000;min-width:35px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 7pt;COLOR: #000000;"> -</font></td><td style="width: 4px; text-align:left;border-color:#000000;min-width:4px;"> </td><td style="width: 11px; text-align:right;border-color:#000000;min-width:11px;"> </td><td style="width: 30px; text-align:right;border-color:#000000;min-width:30px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 7pt;COLOR: #000000;"> -</font></td><td style="width: 4px; text-align:left;border-color:#000000;min-width:4px;"> </td><td style="width: 11px; text-align:right;border-color:#000000;min-width:11px;"> </td><td style="width: 43px; text-align:right;border-color:#000000;min-width:43px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 7pt;COLOR: #000000;"> 133</font></td><td style="width: 4px; text-align:left;border-color:#000000;min-width:4px;"> </td><td style="width: 11px; text-align:right;border-color:#000000;min-width:11px;"> </td><td style="width: 55px; text-align:right;border-color:#000000;min-width:55px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 7pt;COLOR: #000000;"> 2,619</font></td><td style="width: 3px; text-align:left;border-color:#000000;min-width:3px;"> </td><td style="width: 11px; text-align:right;border-color:#000000;min-width:11px;"> </td><td style="width: 50px; text-align:right;border-color:#000000;min-width:50px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 7pt;COLOR: #000000;"> -</font></td><td style="width: 3px; text-align:left;border-color:#000000;min-width:3px;"> </td><td style="width: 11px; text-align:right;border-color:#000000;min-width:11px;"> </td><td style="width: 60px; text-align:right;border-color:#000000;min-width:60px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 7pt;COLOR: #000000;"> -</font></td><td style="width: 6px; text-align:left;border-color:#000000;min-width:6px;"> </td><td style="width: 11px; text-align:right;border-color:#000000;min-width:11px;"> </td><td style="width: 59px; text-align:right;border-color:#000000;min-width:59px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 7pt;COLOR: #000000;"> 2,752</font></td><td style="width: 6px; text-align:left;border-color:#000000;min-width:6px;"> </td><td style="width: 11px; text-align:right;border-color:#000000;min-width:11px;"> </td><td style="width: 59px; text-align:right;border-color:#000000;min-width:59px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 7pt;COLOR: #000000;"> -</font></td><td style="width: 6px; text-align:left;border-color:#000000;min-width:6px;"> </td><td style="width: 11px; text-align:right;border-color:#000000;min-width:11px;"> </td><td style="width: 48px; text-align:right;border-color:#000000;min-width:48px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 7pt;COLOR: #000000;"> 2,752</font></td></tr><tr style="height: 15px"><td style="width: 151px; text-align:left;border-color:#000000;min-width:151px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 7pt;COLOR: #000000;">Stock issued under stock option plans </font></td><td style="width: 11px; text-align:left;border-color:#000000;min-width:11px;"> </td><td style="width: 35px; text-align:right;border-color:#000000;min-width:35px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 7pt;COLOR: #000000;"> -</font></td><td style="width: 4px; text-align:left;border-color:#000000;min-width:4px;"> </td><td style="width: 11px; text-align:right;border-color:#000000;min-width:11px;"> </td><td style="width: 30px; text-align:right;border-color:#000000;min-width:30px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 7pt;COLOR: #000000;"> -</font></td><td style="width: 4px; text-align:left;border-color:#000000;min-width:4px;"> </td><td style="width: 11px; text-align:right;border-color:#000000;min-width:11px;"> </td><td style="width: 43px; text-align:right;border-color:#000000;min-width:43px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 7pt;COLOR: #000000;"> (4,508)</font></td><td style="width: 4px; text-align:left;border-color:#000000;min-width:4px;"> </td><td style="width: 11px; text-align:right;border-color:#000000;min-width:11px;"> </td><td style="width: 55px; text-align:right;border-color:#000000;min-width:55px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 7pt;COLOR: #000000;"> 10,323</font></td><td style="width: 3px; text-align:left;border-color:#000000;min-width:3px;"> </td><td style="width: 11px; text-align:right;border-color:#000000;min-width:11px;"> </td><td style="width: 50px; text-align:right;border-color:#000000;min-width:50px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 7pt;COLOR: #000000;"> -</font></td><td style="width: 3px; text-align:left;border-color:#000000;min-width:3px;"> </td><td style="width: 11px; text-align:right;border-color:#000000;min-width:11px;"> </td><td style="width: 60px; text-align:right;border-color:#000000;min-width:60px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 7pt;COLOR: #000000;"> -</font></td><td style="width: 6px; text-align:left;border-color:#000000;min-width:6px;"> </td><td style="width: 11px; text-align:right;border-color:#000000;min-width:11px;"> </td><td style="width: 59px; text-align:right;border-color:#000000;min-width:59px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 7pt;COLOR: #000000;"> 5,815</font></td><td style="width: 6px; text-align:left;border-color:#000000;min-width:6px;"> </td><td style="width: 11px; text-align:right;border-color:#000000;min-width:11px;"> </td><td style="width: 59px; text-align:right;border-color:#000000;min-width:59px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 7pt;COLOR: #000000;"> -</font></td><td style="width: 6px; text-align:left;border-color:#000000;min-width:6px;"> </td><td style="width: 11px; text-align:right;border-color:#000000;min-width:11px;"> </td><td style="width: 48px; text-align:right;border-color:#000000;min-width:48px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 7pt;COLOR: #000000;"> 5,815</font></td></tr><tr style="height: 15px"><td style="width: 151px; text-align:left;border-color:#000000;min-width:151px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 7pt;COLOR: #000000;">Tax shortfall of stock options exercised </font></td><td style="width: 11px; text-align:left;border-color:#000000;min-width:11px;"> </td><td style="width: 35px; text-align:right;border-color:#000000;min-width:35px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 7pt;COLOR: #000000;"> -</font></td><td style="width: 4px; text-align:left;border-color:#000000;min-width:4px;"> </td><td style="width: 11px; text-align:right;border-color:#000000;min-width:11px;"> </td><td style="width: 30px; text-align:right;border-color:#000000;min-width:30px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 7pt;COLOR: #000000;"> -</font></td><td style="width: 4px; text-align:left;border-color:#000000;min-width:4px;"> </td><td style="width: 11px; text-align:right;border-color:#000000;min-width:11px;"> </td><td style="width: 43px; text-align:right;border-color:#000000;min-width:43px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 7pt;COLOR: #000000;"> (690)</font></td><td style="width: 4px; text-align:left;border-color:#000000;min-width:4px;"> </td><td style="width: 11px; text-align:right;border-color:#000000;min-width:11px;"> </td><td style="width: 55px; text-align:right;border-color:#000000;min-width:55px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 7pt;COLOR: #000000;"> -</font></td><td style="width: 3px; text-align:left;border-color:#000000;min-width:3px;"> </td><td style="width: 11px; text-align:right;border-color:#000000;min-width:11px;"> </td><td style="width: 50px; text-align:right;border-color:#000000;min-width:50px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 7pt;COLOR: #000000;"> -</font></td><td style="width: 3px; text-align:left;border-color:#000000;min-width:3px;"> </td><td style="width: 11px; text-align:right;border-color:#000000;min-width:11px;"> </td><td style="width: 60px; text-align:right;border-color:#000000;min-width:60px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 7pt;COLOR: #000000;"> -</font></td><td style="width: 6px; text-align:left;border-color:#000000;min-width:6px;"> </td><td style="width: 11px; text-align:right;border-color:#000000;min-width:11px;"> </td><td style="width: 59px; text-align:right;border-color:#000000;min-width:59px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 7pt;COLOR: #000000;"> (690)</font></td><td style="width: 6px; text-align:left;border-color:#000000;min-width:6px;"> </td><td style="width: 11px; text-align:right;border-color:#000000;min-width:11px;"> </td><td style="width: 59px; text-align:right;border-color:#000000;min-width:59px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 7pt;COLOR: #000000;"> -</font></td><td style="width: 6px; text-align:left;border-color:#000000;min-width:6px;"> </td><td style="width: 11px; text-align:right;border-color:#000000;min-width:11px;"> </td><td style="width: 48px; text-align:right;border-color:#000000;min-width:48px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 7pt;COLOR: #000000;"> (690)</font></td></tr><tr style="height: 15px"><td style="width: 151px; text-align:left;border-color:#000000;min-width:151px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 7pt;COLOR: #000000;">Tax benefit related to IRS dispute settlement</font></td><td style="width: 11px; text-align:left;border-color:#000000;min-width:11px;"> </td><td style="width: 35px; text-align:right;border-color:#000000;min-width:35px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 7pt;COLOR: #000000;"> -</font></td><td style="width: 4px; text-align:left;border-color:#000000;min-width:4px;"> </td><td style="width: 11px; text-align:right;border-color:#000000;min-width:11px;"> </td><td style="width: 30px; text-align:right;border-color:#000000;min-width:30px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 7pt;COLOR: #000000;"> -</font></td><td style="width: 4px; text-align:left;border-color:#000000;min-width:4px;"> </td><td style="width: 11px; text-align:right;border-color:#000000;min-width:11px;"> </td><td style="width: 43px; text-align:right;border-color:#000000;min-width:43px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 7pt;COLOR: #000000;"> 27,484</font></td><td style="width: 4px; text-align:left;border-color:#000000;min-width:4px;"> </td><td style="width: 11px; text-align:right;border-color:#000000;min-width:11px;"> </td><td style="width: 55px; text-align:right;border-color:#000000;min-width:55px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 7pt;COLOR: #000000;"> -</font></td><td style="width: 3px; text-align:left;border-color:#000000;min-width:3px;"> </td><td style="width: 11px; text-align:right;border-color:#000000;min-width:11px;"> </td><td style="width: 50px; text-align:right;border-color:#000000;min-width:50px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 7pt;COLOR: #000000;"> -</font></td><td style="width: 3px; text-align:left;border-color:#000000;min-width:3px;"> </td><td style="width: 11px; text-align:right;border-color:#000000;min-width:11px;"> </td><td style="width: 60px; text-align:right;border-color:#000000;min-width:60px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 7pt;COLOR: #000000;"> -</font></td><td style="width: 6px; text-align:left;border-color:#000000;min-width:6px;"> </td><td style="width: 11px; text-align:right;border-color:#000000;min-width:11px;"> </td><td style="width: 59px; text-align:right;border-color:#000000;min-width:59px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 7pt;COLOR: #000000;"> 27,484</font></td><td style="width: 6px; text-align:left;border-color:#000000;min-width:6px;"> </td><td style="width: 11px; text-align:right;border-color:#000000;min-width:11px;"> </td><td style="width: 59px; text-align:right;border-color:#000000;min-width:59px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 7pt;COLOR: #000000;"> -</font></td><td style="width: 6px; text-align:left;border-color:#000000;min-width:6px;"> </td><td style="width: 11px; text-align:right;border-color:#000000;min-width:11px;"> </td><td style="width: 48px; text-align:right;border-color:#000000;min-width:48px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 7pt;COLOR: #000000;"> 27,484</font></td></tr><tr style="height: 15px"><td style="width: 151px; text-align:left;border-color:#000000;min-width:151px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 7pt;COLOR: #000000;">Stock-based compensation</font></td><td style="width: 11px; text-align:left;border-color:#000000;min-width:11px;"> </td><td style="width: 35px; text-align:right;border-color:#000000;min-width:35px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 7pt;COLOR: #000000;"> -</font></td><td style="width: 4px; text-align:left;border-color:#000000;min-width:4px;"> </td><td style="width: 11px; text-align:right;border-color:#000000;min-width:11px;"> </td><td style="width: 30px; text-align:right;border-color:#000000;min-width:30px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 7pt;COLOR: #000000;"> -</font></td><td style="width: 4px; text-align:left;border-color:#000000;min-width:4px;"> </td><td style="width: 11px; text-align:right;border-color:#000000;min-width:11px;"> </td><td style="width: 43px; text-align:right;border-color:#000000;min-width:43px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 7pt;COLOR: #000000;"> 29,115</font></td><td style="width: 4px; text-align:left;border-color:#000000;min-width:4px;"> </td><td style="width: 11px; text-align:right;border-color:#000000;min-width:11px;"> </td><td style="width: 55px; text-align:right;border-color:#000000;min-width:55px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 7pt;COLOR: #000000;"> -</font></td><td style="width: 3px; text-align:left;border-color:#000000;min-width:3px;"> </td><td style="width: 11px; text-align:right;border-color:#000000;min-width:11px;"> </td><td style="width: 50px; text-align:right;border-color:#000000;min-width:50px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 7pt;COLOR: #000000;"> -</font></td><td style="width: 3px; text-align:left;border-color:#000000;min-width:3px;"> </td><td style="width: 11px; text-align:right;border-color:#000000;min-width:11px;"> </td><td style="width: 60px; text-align:right;border-color:#000000;min-width:60px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 7pt;COLOR: #000000;"> -</font></td><td style="width: 6px; text-align:left;border-color:#000000;min-width:6px;"> </td><td style="width: 11px; text-align:right;border-color:#000000;min-width:11px;"> </td><td style="width: 59px; text-align:right;border-color:#000000;min-width:59px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 7pt;COLOR: #000000;"> 29,115</font></td><td style="width: 6px; text-align:left;border-color:#000000;min-width:6px;"> </td><td style="width: 11px; text-align:right;border-color:#000000;min-width:11px;"> </td><td style="width: 59px; text-align:right;border-color:#000000;min-width:59px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 7pt;COLOR: #000000;"> -</font></td><td style="width: 6px; text-align:left;border-color:#000000;min-width:6px;"> </td><td style="width: 11px; text-align:right;border-color:#000000;min-width:11px;"> </td><td style="width: 48px; text-align:right;border-color:#000000;min-width:48px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 7pt;COLOR: #000000;"> 29,115</font></td></tr><tr style="height: 15px"><td style="width: 151px; text-align:left;border-color:#000000;min-width:151px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 7pt;COLOR: #000000;">Currency translation adjustment, net of tax</font></td><td style="width: 11px; text-align:left;border-color:#000000;min-width:11px;"> </td><td style="width: 35px; text-align:right;border-color:#000000;min-width:35px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 7pt;COLOR: #000000;"> -</font></td><td style="width: 4px; text-align:left;border-color:#000000;min-width:4px;"> </td><td style="width: 11px; text-align:right;border-color:#000000;min-width:11px;"> </td><td style="width: 30px; text-align:right;border-color:#000000;min-width:30px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 7pt;COLOR: #000000;"> -</font></td><td style="width: 4px; text-align:left;border-color:#000000;min-width:4px;"> </td><td style="width: 11px; text-align:right;border-color:#000000;min-width:11px;"> </td><td style="width: 43px; text-align:right;border-color:#000000;min-width:43px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 7pt;COLOR: #000000;"> -</font></td><td style="width: 4px; text-align:left;border-color:#000000;min-width:4px;"> </td><td style="width: 11px; text-align:right;border-color:#000000;min-width:11px;"> </td><td style="width: 55px; text-align:right;border-color:#000000;min-width:55px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 7pt;COLOR: #000000;"> -</font></td><td style="width: 3px; text-align:left;border-color:#000000;min-width:3px;"> </td><td style="width: 11px; text-align:right;border-color:#000000;min-width:11px;"> </td><td style="width: 50px; text-align:right;border-color:#000000;min-width:50px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 7pt;COLOR: #000000;"> -</font></td><td style="width: 3px; text-align:left;border-color:#000000;min-width:3px;"> </td><td style="width: 11px; text-align:right;border-color:#000000;min-width:11px;"> </td><td style="width: 60px; text-align:right;border-color:#000000;min-width:60px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 7pt;COLOR: #000000;"> (16,382)</font></td><td style="width: 6px; text-align:left;border-color:#000000;min-width:6px;"> </td><td style="width: 11px; text-align:right;border-color:#000000;min-width:11px;"> </td><td style="width: 59px; text-align:right;border-color:#000000;min-width:59px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 7pt;COLOR: #000000;"> (16,382)</font></td><td style="width: 6px; text-align:left;border-color:#000000;min-width:6px;"> </td><td style="width: 11px; text-align:right;border-color:#000000;min-width:11px;"> </td><td style="width: 59px; text-align:right;border-color:#000000;min-width:59px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 7pt;COLOR: #000000;"> (2,663)</font></td><td style="width: 6px; text-align:left;border-color:#000000;min-width:6px;"> </td><td style="width: 11px; text-align:right;border-color:#000000;min-width:11px;"> </td><td style="width: 48px; text-align:right;border-color:#000000;min-width:48px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 7pt;COLOR: #000000;"> (19,045)</font></td></tr><tr style="height: 15px"><td style="width: 151px; text-align:left;border-color:#000000;min-width:151px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 7pt;COLOR: #000000;">Net income (loss)</font></td><td style="width: 11px; text-align:left;border-color:#000000;min-width:11px;"> </td><td style="width: 35px; text-align:right;border-color:#000000;min-width:35px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 7pt;COLOR: #000000;"> -</font></td><td style="width: 4px; text-align:left;border-color:#000000;min-width:4px;"> </td><td style="width: 11px; text-align:right;border-color:#000000;min-width:11px;"> </td><td style="width: 30px; text-align:right;border-color:#000000;min-width:30px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 7pt;COLOR: #000000;"> -</font></td><td style="width: 4px; text-align:left;border-color:#000000;min-width:4px;"> </td><td style="width: 11px; text-align:right;border-color:#000000;min-width:11px;"> </td><td style="width: 43px; text-align:right;border-color:#000000;min-width:43px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 7pt;COLOR: #000000;"> -</font></td><td style="width: 4px; text-align:left;border-color:#000000;min-width:4px;"> </td><td style="width: 11px; text-align:right;border-color:#000000;min-width:11px;"> </td><td style="width: 55px; text-align:right;border-color:#000000;min-width:55px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 7pt;COLOR: #000000;"> -</font></td><td style="width: 3px; text-align:left;border-color:#000000;min-width:3px;"> </td><td style="width: 11px; text-align:right;border-color:#000000;min-width:11px;"> </td><td style="width: 50px; text-align:right;border-color:#000000;min-width:50px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 7pt;COLOR: #000000;"> 332,748</font></td><td style="width: 3px; text-align:left;border-color:#000000;min-width:3px;"> </td><td style="width: 11px; text-align:right;border-color:#000000;min-width:11px;"> </td><td style="width: 60px; text-align:right;border-color:#000000;min-width:60px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 7pt;COLOR: #000000;"> -</font></td><td style="width: 6px; text-align:left;border-color:#000000;min-width:6px;"> </td><td style="width: 11px; text-align:right;border-color:#000000;min-width:11px;"> </td><td style="width: 59px; text-align:right;border-color:#000000;min-width:59px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 7pt;COLOR: #000000;"> 332,748</font></td><td style="width: 6px; text-align:left;border-color:#000000;min-width:6px;"> </td><td style="width: 11px; text-align:right;border-color:#000000;min-width:11px;"> </td><td style="width: 59px; text-align:right;border-color:#000000;min-width:59px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 7pt;COLOR: #000000;"> (2,102)</font></td><td style="width: 6px; text-align:left;border-color:#000000;min-width:6px;"> </td><td style="width: 11px; text-align:right;border-color:#000000;min-width:11px;"> </td><td style="width: 48px; text-align:right;border-color:#000000;min-width:48px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 7pt;COLOR: #000000;"> 330,646</font></td></tr><tr style="height: 15px"><td style="width: 151px; text-align:left;border-color:#000000;min-width:151px;"><font style="FONT-WEIGHT: bold;FONT-FAMILY: Times New Roman;FONT-SIZE: 7pt;COLOR: #000000;TEXT-ALIGN: left;">Balance as of February 28, 2010</font></td><td style="width: 11px; border-top-style:solid;border-top-width:1px;border-bottom-style:double;border-bottom-width:3px;text-align:right;border-color:#000000;min-width:11px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 7pt;COLOR: #000000;TEXT-ALIGN: right;">$</font></td><td style="width: 35px; border-top-style:solid;border-top-width:1px;border-bottom-style:double;border-bottom-width:3px;text-align:right;border-color:#000000;min-width:35px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 7pt;COLOR: #000000;"> 103</font></td><td style="width: 4px; text-align:right;border-color:#000000;min-width:4px;"> </td><td style="width: 11px; border-top-style:solid;border-top-width:1px;border-bottom-style:double;border-bottom-width:3px;text-align:right;border-color:#000000;min-width:11px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 7pt;COLOR: #000000;TEXT-ALIGN: right;">$</font></td><td style="width: 30px; border-top-style:solid;border-top-width:1px;border-bottom-style:double;border-bottom-width:3px;text-align:right;border-color:#000000;min-width:30px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 7pt;COLOR: #000000;"> 1</font></td><td style="width: 4px; text-align:right;border-color:#000000;min-width:4px;"> </td><td style="width: 11px; border-top-style:solid;border-top-width:1px;border-bottom-style:double;border-bottom-width:3px;text-align:right;border-color:#000000;min-width:11px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 7pt;COLOR: #000000;TEXT-ALIGN: right;">$</font></td><td style="width: 43px; border-top-style:solid;border-top-width:1px;border-bottom-style:double;border-bottom-width:3px;text-align:right;border-color:#000000;min-width:43px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 7pt;COLOR: #000000;"> 52,673</font></td><td style="width: 4px; text-align:right;border-color:#000000;min-width:4px;"> </td><td style="width: 11px; border-top-style:solid;border-top-width:1px;border-bottom-style:double;border-bottom-width:3px;text-align:right;border-color:#000000;min-width:11px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 7pt;COLOR: #000000;TEXT-ALIGN: right;">$</font></td><td style="width: 55px; border-top-style:solid;border-top-width:1px;border-bottom-style:double;border-bottom-width:3px;text-align:right;border-color:#000000;min-width:55px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 7pt;COLOR: #000000;"> (2,210,792)</font></td><td style="width: 3px; text-align:right;border-color:#000000;min-width:3px;"> </td><td style="width: 11px; border-top-style:solid;border-top-width:1px;border-bottom-style:double;border-bottom-width:3px;text-align:right;border-color:#000000;min-width:11px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 7pt;COLOR: #000000;TEXT-ALIGN: right;">$</font></td><td style="width: 50px; border-top-style:solid;border-top-width:1px;border-bottom-style:double;border-bottom-width:3px;text-align:right;border-color:#000000;min-width:50px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 7pt;COLOR: #000000;"> 3,527,791</font></td><td style="width: 3px; text-align:right;border-color:#000000;min-width:3px;"> </td><td style="width: 11px; border-top-style:solid;border-top-width:1px;border-bottom-style:double;border-bottom-width:3px;text-align:right;border-color:#000000;min-width:11px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 7pt;COLOR: #000000;TEXT-ALIGN: right;">$</font></td><td style="width: 60px; border-top-style:solid;border-top-width:1px;border-bottom-style:double;border-bottom-width:3px;text-align:right;border-color:#000000;min-width:60px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 7pt;COLOR: #000000;"> (30,122)</font></td><td style="width: 6px; text-align:right;border-color:#000000;min-width:6px;"> </td><td style="width: 11px; border-top-style:solid;border-top-width:1px;border-bottom-style:double;border-bottom-width:3px;text-align:right;border-color:#000000;min-width:11px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 7pt;COLOR: #000000;TEXT-ALIGN: right;">$</font></td><td style="width: 59px; border-top-style:solid;border-top-width:1px;border-bottom-style:double;border-bottom-width:3px;text-align:right;border-color:#000000;min-width:59px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 7pt;COLOR: #000000;"> 1,339,654</font></td><td style="width: 6px; text-align:right;border-color:#000000;min-width:6px;"> </td><td style="width: 11px; border-top-style:solid;border-top-width:1px;border-bottom-style:double;border-bottom-width:3px;text-align:right;border-color:#000000;min-width:11px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 7pt;COLOR: #000000;TEXT-ALIGN: right;">$</font></td><td style="width: 59px; border-top-style:solid;border-top-width:1px;border-bottom-style:double;border-bottom-width:3px;text-align:right;border-color:#000000;min-width:59px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 7pt;COLOR: #000000;"> 59,925</font></td><td style="width: 6px; text-align:right;border-color:#000000;min-width:6px;"> </td><td style="width: 11px; border-top-style:solid;border-top-width:1px;border-bottom-style:double;border-bottom-width:3px;text-align:right;border-color:#000000;min-width:11px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 7pt;COLOR: #000000;TEXT-ALIGN: right;">$</font></td><td style="width: 48px; border-top-style:solid;border-top-width:1px;border-bottom-style:double;border-bottom-width:3px;text-align:right;border-color:#000000;min-width:48px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 7pt;COLOR: #000000;"> 1,399,579</font></td></tr><tr style="height: 15px"><td style="width: 151px; text-align:left;border-color:#000000;min-width:151px;"> </td><td style="width: 11px; text-align:right;border-color:#000000;min-width:11px;"> </td><td style="width: 35px; text-align:left;border-color:#000000;min-width:35px;"> </td><td style="width: 4px; text-align:right;border-color:#000000;min-width:4px;"> </td><td style="width: 11px; text-align:right;border-color:#000000;min-width:11px;"> </td><td style="width: 30px; text-align:left;border-color:#000000;min-width:30px;"> </td><td style="width: 4px; text-align:right;border-color:#000000;min-width:4px;"> </td><td style="width: 11px; text-align:right;border-color:#000000;min-width:11px;"> </td><td style="width: 43px; text-align:left;border-color:#000000;min-width:43px;"> </td><td style="width: 4px; text-align:right;border-color:#000000;min-width:4px;"> </td><td style="width: 11px; text-align:right;border-color:#000000;min-width:11px;"> </td><td style="width: 55px; text-align:left;border-color:#000000;min-width:55px;"> </td><td style="width: 3px; text-align:right;border-color:#000000;min-width:3px;"> </td><td style="width: 11px; text-align:right;border-color:#000000;min-width:11px;"> </td><td style="width: 50px; text-align:left;border-color:#000000;min-width:50px;"> </td><td style="width: 3px; text-align:right;border-color:#000000;min-width:3px;"> </td><td style="width: 11px; text-align:right;border-color:#000000;min-width:11px;"> </td><td style="width: 60px; text-align:left;border-color:#000000;min-width:60px;"> </td><td style="width: 6px; text-align:right;border-color:#000000;min-width:6px;"> </td><td style="width: 11px; text-align:right;border-color:#000000;min-width:11px;"> </td><td style="width: 59px; text-align:left;border-color:#000000;min-width:59px;"> </td><td style="width: 6px; text-align:right;border-color:#000000;min-width:6px;"> </td><td style="width: 11px; text-align:right;border-color:#000000;min-width:11px;"> </td><td style="width: 59px; text-align:left;border-color:#000000;min-width:59px;"> </td><td style="width: 6px; text-align:right;border-color:#000000;min-width:6px;"> </td><td style="width: 11px; text-align:right;border-color:#000000;min-width:11px;"> </td><td style="width: 48px; text-align:left;border-color:#000000;min-width:48px;"> </td></tr><tr style="height: 15px"><td style="width: 151px; text-align:left;border-color:#000000;min-width:151px;"> </td><td colspan="5" style="width: 91px; border-bottom-style:solid;border-bottom-width:1px;text-align:center;border-color:#000000;min-width:91px;"><font style="FONT-WEIGHT: bold;FONT-FAMILY: Times New Roman;FONT-SIZE: 7pt;COLOR: #000000;TEXT-ALIGN: center;">Common Stock</font></td><td style="width: 4px; text-align:center;border-color:#000000;min-width:4px;"> </td><td colspan="2" rowspan="Aspose.Cells.Range" style="width: 54px; text-align:center;border-color:#000000;min-width:54px;"><font style="FONT-WEIGHT: bold;FONT-FAMILY: Times New Roman;FONT-SIZE: 7pt;COLOR: #000000;TEXT-ALIGN: center;">Additional Paid-in Capital</font></td><td style="width: 4px; text-align:center;border-color:#000000;min-width:4px;"> </td><td colspan="2" rowspan="Aspose.Cells.Range" style="width: 66px; text-align:center;border-color:#000000;min-width:66px;"><font style="FONT-WEIGHT: bold;FONT-FAMILY: Times New Roman;FONT-SIZE: 7pt;COLOR: #000000;TEXT-ALIGN: center;">Treasury Stock
Class A</font></td><td style="width: 3px; text-align:center;border-color:#000000;min-width:3px;"> </td><td colspan="2" rowspan="Aspose.Cells.Range" style="width: 61px; text-align:center;border-color:#000000;min-width:61px;"><font style="FONT-WEIGHT: bold;FONT-FAMILY: Times New Roman;FONT-SIZE: 7pt;COLOR: #000000;TEXT-ALIGN: center;">Retained Earnings </font></td><td style="width: 3px; text-align:center;border-color:#000000;min-width:3px;"> </td><td colspan="2" rowspan="Aspose.Cells.Range" style="width: 71px; text-align:center;border-color:#000000;min-width:71px;"><font style="FONT-WEIGHT: bold;FONT-FAMILY: Times New Roman;FONT-SIZE: 7pt;COLOR: #000000;TEXT-ALIGN: center;">Accumulated Other Comprehensive Loss</font></td><td style="width: 6px; text-align:center;border-color:#000000;min-width:6px;"> </td><td colspan="2" rowspan="Aspose.Cells.Range" style="width: 70px; text-align:center;border-color:#000000;min-width:70px;"><font style="FONT-WEIGHT: bold;FONT-FAMILY: Times New Roman;FONT-SIZE: 7pt;COLOR: #000000;TEXT-ALIGN: center;">Total Apollo Shareholders' Equity</font></td><td style="width: 6px; text-align:center;border-color:#000000;min-width:6px;"> </td><td colspan="2" rowspan="Aspose.Cells.Range" style="width: 70px; text-align:center;border-color:#000000;min-width:70px;"><font style="FONT-WEIGHT: bold;FONT-FAMILY: Times New Roman;FONT-SIZE: 7pt;COLOR: #000000;TEXT-ALIGN: center;">Noncontrolling Interests</font></td><td style="width: 6px; text-align:center;border-color:#000000;min-width:6px;"> </td><td colspan="2" rowspan="Aspose.Cells.Range" style="width: 59px; text-align:center;border-color:#000000;min-width:59px;"><font style="FONT-WEIGHT: bold;FONT-FAMILY: Times New Roman;FONT-SIZE: 7pt;COLOR: #000000;TEXT-ALIGN: center;">Total Equity </font></td></tr><tr style="height: 15px"><td style="width: 151px; text-align:left;border-color:#000000;min-width:151px;"> </td><td colspan="2" style="width: 46px; border-bottom-style:solid;border-bottom-width:1px;text-align:center;border-color:#000000;min-width:46px;"><font style="FONT-WEIGHT: bold;FONT-FAMILY: Times New Roman;FONT-SIZE: 7pt;COLOR: #000000;TEXT-ALIGN: center;">Class A</font></td><td style="width: 4px; text-align:center;border-color:#000000;min-width:4px;"> </td><td colspan="2" style="width: 41px; border-bottom-style:solid;border-bottom-width:1px;text-align:center;border-color:#000000;min-width:41px;"><font style="FONT-WEIGHT: bold;FONT-FAMILY: Times New Roman;FONT-SIZE: 7pt;COLOR: #000000;TEXT-ALIGN: center;">Class B</font></td><td style="width: 4px; text-align:center;border-color:#000000;min-width:4px;"> </td><td style="width: 43px; text-align:center;border-color:#000000;min-width:43px;"> </td><td style="width: 4px; text-align:center;border-color:#000000;min-width:4px;"> </td><td style="width: 55px; border-bottom-style:solid;border-bottom-width:1px;text-align:center;border-color:#000000;min-width:55px;"> </td><td style="width: 3px; text-align:center;border-color:#000000;min-width:3px;"> </td><td style="width: 50px; text-align:center;border-color:#000000;min-width:50px;"> </td><td style="width: 3px; text-align:center;border-color:#000000;min-width:3px;"> </td><td style="width: 60px; text-align:center;border-color:#000000;min-width:60px;"> </td><td style="width: 6px; text-align:center;border-color:#000000;min-width:6px;"> </td><td style="width: 59px; text-align:center;border-color:#000000;min-width:59px;"> </td><td style="width: 6px; text-align:center;border-color:#000000;min-width:6px;"> </td><td style="width: 59px; text-align:center;border-color:#000000;min-width:59px;"> </td><td style="width: 6px; text-align:center;border-color:#000000;min-width:6px;"> </td><td style="width: 48px; text-align:center;border-color:#000000;min-width:48px;"> </td></tr><tr style="height: 15px"><td style="width: 151px; text-align:left;border-color:#000000;min-width:151px;"> </td><td colspan="2" style="width: 46px; border-bottom-style:solid;border-bottom-width:1px;text-align:center;border-color:#000000;min-width:46px;"><font style="FONT-WEIGHT: bold;FONT-FAMILY: Times New Roman;FONT-SIZE: 7pt;COLOR: #000000;TEXT-ALIGN: center;">Stated Value </font></td><td style="width: 4px; text-align:center;border-color:#000000;min-width:4px;"> </td><td colspan="2" style="width: 41px; border-bottom-style:solid;border-bottom-width:1px;text-align:center;border-color:#000000;min-width:41px;"><font style="FONT-WEIGHT: bold;FONT-FAMILY: Times New Roman;FONT-SIZE: 7pt;COLOR: #000000;TEXT-ALIGN: center;">Stated Value </font></td><td style="width: 4px; text-align:center;border-color:#000000;min-width:4px;"> </td><td style="width: 43px; border-bottom-style:solid;border-bottom-width:1px;text-align:center;border-color:#000000;min-width:43px;"> </td><td style="width: 4px; text-align:center;border-color:#000000;min-width:4px;"> </td><td colspan="2" style="width: 66px; border-bottom-style:solid;border-bottom-width:1px;text-align:center;border-color:#000000;min-width:66px;"><font style="FONT-WEIGHT: bold;FONT-FAMILY: Times New Roman;FONT-SIZE: 7pt;COLOR: #000000;TEXT-ALIGN: center;">Stated Value </font></td><td style="width: 3px; text-align:center;border-color:#000000;min-width:3px;"> </td><td style="width: 50px; border-bottom-style:solid;border-bottom-width:1px;text-align:center;border-color:#000000;min-width:50px;"> </td><td style="width: 3px; text-align:center;border-color:#000000;min-width:3px;"> </td><td style="width: 60px; border-bottom-style:solid;border-bottom-width:1px;text-align:center;border-color:#000000;min-width:60px;"> </td><td style="width: 6px; text-align:center;border-color:#000000;min-width:6px;"> </td><td style="width: 59px; border-bottom-style:solid;border-bottom-width:1px;text-align:center;border-color:#000000;min-width:59px;"> </td><td style="width: 6px; text-align:center;border-color:#000000;min-width:6px;"> </td><td style="width: 59px; border-bottom-style:solid;border-bottom-width:1px;text-align:center;border-color:#000000;min-width:59px;"> </td><td style="width: 6px; text-align:center;border-color:#000000;min-width:6px;"> </td><td style="width: 48px; border-bottom-style:solid;border-bottom-width:1px;text-align:center;border-color:#000000;min-width:48px;"> </td></tr><tr style="height: 15px"><td style="width: 151px; text-align:left;border-color:#000000;min-width:151px;"><font style="FONT-WEIGHT: bold;FONT-FAMILY: Times New Roman;FONT-SIZE: 7pt;COLOR: #000000;TEXT-ALIGN: left;">Balance as of August 31, 2008</font></td><td style="width: 11px; text-align:right;border-color:#000000;min-width:11px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 7pt;COLOR: #000000;TEXT-ALIGN: right;">$</font></td><td style="width: 35px; text-align:right;border-color:#000000;min-width:35px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 7pt;COLOR: #000000;"> 103</font></td><td style="width: 4px; text-align:right;border-color:#000000;min-width:4px;"> </td><td style="width: 11px; text-align:right;border-color:#000000;min-width:11px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 7pt;COLOR: #000000;TEXT-ALIGN: right;">$</font></td><td style="width: 30px; text-align:right;border-color:#000000;min-width:30px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 7pt;COLOR: #000000;"> 1</font></td><td style="width: 4px; text-align:right;border-color:#000000;min-width:4px;"> </td><td style="width: 11px; text-align:right;border-color:#000000;min-width:11px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 7pt;COLOR: #000000;TEXT-ALIGN: right;">$</font></td><td style="width: 43px; text-align:right;border-color:#000000;min-width:43px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 7pt;COLOR: #000000;"> -</font></td><td style="width: 4px; text-align:right;border-color:#000000;min-width:4px;"> </td><td style="width: 11px; text-align:right;border-color:#000000;min-width:11px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 7pt;COLOR: #000000;TEXT-ALIGN: right;">$</font></td><td style="width: 55px; text-align:right;border-color:#000000;min-width:55px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 7pt;COLOR: #000000;"> (1,757,277)</font></td><td style="width: 3px; text-align:right;border-color:#000000;min-width:3px;"> </td><td style="width: 11px; text-align:right;border-color:#000000;min-width:11px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 7pt;COLOR: #000000;TEXT-ALIGN: right;">$</font></td><td style="width: 50px; text-align:right;border-color:#000000;min-width:50px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 7pt;COLOR: #000000;"> 2,595,340</font></td><td style="width: 3px; text-align:right;border-color:#000000;min-width:3px;"> </td><td style="width: 11px; text-align:right;border-color:#000000;min-width:11px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 7pt;COLOR: #000000;TEXT-ALIGN: right;">$</font></td><td style="width: 60px; text-align:right;border-color:#000000;min-width:60px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 7pt;COLOR: #000000;"> (3,781)</font></td><td style="width: 6px; text-align:right;border-color:#000000;min-width:6px;"> </td><td style="width: 11px; text-align:right;border-color:#000000;min-width:11px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 7pt;COLOR: #000000;TEXT-ALIGN: right;">$</font></td><td style="width: 59px; text-align:right;border-color:#000000;min-width:59px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 7pt;COLOR: #000000;"> 834,386</font></td><td style="width: 6px; text-align:right;border-color:#000000;min-width:6px;"> </td><td style="width: 11px; text-align:right;border-color:#000000;min-width:11px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 7pt;COLOR: #000000;TEXT-ALIGN: right;">$</font></td><td style="width: 59px; text-align:right;border-color:#000000;min-width:59px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 7pt;COLOR: #000000;"> 11,779</font></td><td style="width: 6px; text-align:right;border-color:#000000;min-width:6px;"> </td><td style="width: 11px; text-align:right;border-color:#000000;min-width:11px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 7pt;COLOR: #000000;TEXT-ALIGN: right;">$</font></td><td style="width: 48px; text-align:right;border-color:#000000;min-width:48px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 7pt;COLOR: #000000;"> 846,165</font></td></tr><tr style="height: 15px"><td style="width: 151px; text-align:left;border-color:#000000;min-width:151px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 7pt;COLOR: #000000;">Treasury stock purchases</font></td><td style="width: 11px; text-align:left;border-color:#000000;min-width:11px;"> </td><td style="width: 35px; text-align:right;border-color:#000000;min-width:35px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 7pt;COLOR: #000000;"> -</font></td><td style="width: 4px; text-align:left;border-color:#000000;min-width:4px;"> </td><td style="width: 11px; text-align:right;border-color:#000000;min-width:11px;"> </td><td style="width: 30px; text-align:right;border-color:#000000;min-width:30px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 7pt;COLOR: #000000;"> -</font></td><td style="width: 4px; text-align:left;border-color:#000000;min-width:4px;"> </td><td style="width: 11px; text-align:right;border-color:#000000;min-width:11px;"> </td><td style="width: 43px; text-align:right;border-color:#000000;min-width:43px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 7pt;COLOR: #000000;"> -</font></td><td style="width: 4px; text-align:left;border-color:#000000;min-width:4px;"> </td><td style="width: 11px; text-align:right;border-color:#000000;min-width:11px;"> </td><td style="width: 55px; text-align:right;border-color:#000000;min-width:55px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 7pt;COLOR: #000000;"> (2,505)</font></td><td style="width: 3px; text-align:left;border-color:#000000;min-width:3px;"> </td><td style="width: 11px; text-align:right;border-color:#000000;min-width:11px;"> </td><td style="width: 50px; text-align:right;border-color:#000000;min-width:50px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 7pt;COLOR: #000000;"> -</font></td><td style="width: 3px; text-align:left;border-color:#000000;min-width:3px;"> </td><td style="width: 11px; text-align:right;border-color:#000000;min-width:11px;"> </td><td style="width: 60px; text-align:right;border-color:#000000;min-width:60px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 7pt;COLOR: #000000;"> -</font></td><td style="width: 6px; text-align:left;border-color:#000000;min-width:6px;"> </td><td style="width: 11px; text-align:right;border-color:#000000;min-width:11px;"> </td><td style="width: 59px; text-align:right;border-color:#000000;min-width:59px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 7pt;COLOR: #000000;"> (2,505)</font></td><td style="width: 6px; text-align:left;border-color:#000000;min-width:6px;"> </td><td style="width: 11px; text-align:right;border-color:#000000;min-width:11px;"> </td><td style="width: 59px; text-align:right;border-color:#000000;min-width:59px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 7pt;COLOR: #000000;"> -</font></td><td style="width: 6px; text-align:left;border-color:#000000;min-width:6px;"> </td><td style="width: 11px; text-align:right;border-color:#000000;min-width:11px;"> </td><td style="width: 48px; text-align:right;border-color:#000000;min-width:48px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 7pt;COLOR: #000000;"> (2,505)</font></td></tr><tr style="height: 15px"><td style="width: 151px; text-align:left;border-color:#000000;min-width:151px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 7pt;COLOR: #000000;">Stock issued under stock purchase plans</font></td><td style="width: 11px; text-align:left;border-color:#000000;min-width:11px;"> </td><td style="width: 35px; text-align:right;border-color:#000000;min-width:35px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 7pt;COLOR: #000000;"> -</font></td><td style="width: 4px; text-align:left;border-color:#000000;min-width:4px;"> </td><td style="width: 11px; text-align:right;border-color:#000000;min-width:11px;"> </td><td style="width: 30px; text-align:right;border-color:#000000;min-width:30px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 7pt;COLOR: #000000;"> -</font></td><td style="width: 4px; text-align:left;border-color:#000000;min-width:4px;"> </td><td style="width: 11px; text-align:right;border-color:#000000;min-width:11px;"> </td><td style="width: 43px; text-align:right;border-color:#000000;min-width:43px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 7pt;COLOR: #000000;"> 10</font></td><td style="width: 4px; text-align:left;border-color:#000000;min-width:4px;"> </td><td style="width: 11px; text-align:right;border-color:#000000;min-width:11px;"> </td><td style="width: 55px; text-align:right;border-color:#000000;min-width:55px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 7pt;COLOR: #000000;"> 2,710</font></td><td style="width: 3px; text-align:left;border-color:#000000;min-width:3px;"> </td><td style="width: 11px; text-align:right;border-color:#000000;min-width:11px;"> </td><td style="width: 50px; text-align:right;border-color:#000000;min-width:50px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 7pt;COLOR: #000000;"> -</font></td><td style="width: 3px; text-align:left;border-color:#000000;min-width:3px;"> </td><td style="width: 11px; text-align:right;border-color:#000000;min-width:11px;"> </td><td style="width: 60px; text-align:right;border-color:#000000;min-width:60px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 7pt;COLOR: #000000;"> -</font></td><td style="width: 6px; text-align:left;border-color:#000000;min-width:6px;"> </td><td style="width: 11px; text-align:right;border-color:#000000;min-width:11px;"> </td><td style="width: 59px; text-align:right;border-color:#000000;min-width:59px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 7pt;COLOR: #000000;"> 2,720</font></td><td style="width: 6px; text-align:left;border-color:#000000;min-width:6px;"> </td><td style="width: 11px; text-align:right;border-color:#000000;min-width:11px;"> </td><td style="width: 59px; text-align:right;border-color:#000000;min-width:59px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 7pt;COLOR: #000000;"> -</font></td><td style="width: 6px; text-align:left;border-color:#000000;min-width:6px;"> </td><td style="width: 11px; text-align:right;border-color:#000000;min-width:11px;"> </td><td style="width: 48px; text-align:right;border-color:#000000;min-width:48px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 7pt;COLOR: #000000;"> 2,720</font></td></tr><tr style="height: 15px"><td style="width: 151px; text-align:left;border-color:#000000;min-width:151px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 7pt;COLOR: #000000;">Stock issued under stock option plans </font></td><td style="width: 11px; text-align:left;border-color:#000000;min-width:11px;"> </td><td style="width: 35px; text-align:right;border-color:#000000;min-width:35px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 7pt;COLOR: #000000;"> -</font></td><td style="width: 4px; text-align:left;border-color:#000000;min-width:4px;"> </td><td style="width: 11px; text-align:right;border-color:#000000;min-width:11px;"> </td><td style="width: 30px; text-align:right;border-color:#000000;min-width:30px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 7pt;COLOR: #000000;"> -</font></td><td style="width: 4px; text-align:left;border-color:#000000;min-width:4px;"> </td><td style="width: 11px; text-align:right;border-color:#000000;min-width:11px;"> </td><td style="width: 43px; text-align:right;border-color:#000000;min-width:43px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 7pt;COLOR: #000000;"> (18,945)</font></td><td style="width: 4px; text-align:left;border-color:#000000;min-width:4px;"> </td><td style="width: 11px; text-align:right;border-color:#000000;min-width:11px;"> </td><td style="width: 55px; text-align:right;border-color:#000000;min-width:55px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 7pt;COLOR: #000000;"> 111,327</font></td><td style="width: 3px; text-align:left;border-color:#000000;min-width:3px;"> </td><td style="width: 11px; text-align:right;border-color:#000000;min-width:11px;"> </td><td style="width: 50px; text-align:right;border-color:#000000;min-width:50px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 7pt;COLOR: #000000;"> 1,384</font></td><td style="width: 3px; text-align:left;border-color:#000000;min-width:3px;"> </td><td style="width: 11px; text-align:right;border-color:#000000;min-width:11px;"> </td><td style="width: 60px; text-align:right;border-color:#000000;min-width:60px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 7pt;COLOR: #000000;"> -</font></td><td style="width: 6px; text-align:left;border-color:#000000;min-width:6px;"> </td><td style="width: 11px; text-align:right;border-color:#000000;min-width:11px;"> </td><td style="width: 59px; text-align:right;border-color:#000000;min-width:59px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 7pt;COLOR: #000000;"> 93,766</font></td><td style="width: 6px; text-align:left;border-color:#000000;min-width:6px;"> </td><td style="width: 11px; text-align:right;border-color:#000000;min-width:11px;"> </td><td style="width: 59px; text-align:right;border-color:#000000;min-width:59px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 7pt;COLOR: #000000;"> -</font></td><td style="width: 6px; text-align:left;border-color:#000000;min-width:6px;"> </td><td style="width: 11px; text-align:right;border-color:#000000;min-width:11px;"> </td><td style="width: 48px; text-align:right;border-color:#000000;min-width:48px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 7pt;COLOR: #000000;"> 93,766</font></td></tr><tr style="height: 15px"><td style="width: 151px; text-align:left;border-color:#000000;min-width:151px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 7pt;COLOR: #000000;">Tax benefits of stock options exercised </font></td><td style="width: 11px; text-align:left;border-color:#000000;min-width:11px;"> </td><td style="width: 35px; text-align:right;border-color:#000000;min-width:35px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 7pt;COLOR: #000000;"> -</font></td><td style="width: 4px; text-align:left;border-color:#000000;min-width:4px;"> </td><td style="width: 11px; text-align:right;border-color:#000000;min-width:11px;"> </td><td style="width: 30px; text-align:right;border-color:#000000;min-width:30px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 7pt;COLOR: #000000;"> -</font></td><td style="width: 4px; text-align:left;border-color:#000000;min-width:4px;"> </td><td style="width: 11px; text-align:right;border-color:#000000;min-width:11px;"> </td><td style="width: 43px; text-align:right;border-color:#000000;min-width:43px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 7pt;COLOR: #000000;"> 9,514</font></td><td style="width: 4px; text-align:left;border-color:#000000;min-width:4px;"> </td><td style="width: 11px; text-align:right;border-color:#000000;min-width:11px;"> </td><td style="width: 55px; text-align:right;border-color:#000000;min-width:55px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 7pt;COLOR: #000000;"> -</font></td><td style="width: 3px; text-align:left;border-color:#000000;min-width:3px;"> </td><td style="width: 11px; text-align:right;border-color:#000000;min-width:11px;"> </td><td style="width: 50px; text-align:right;border-color:#000000;min-width:50px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 7pt;COLOR: #000000;"> -</font></td><td style="width: 3px; text-align:left;border-color:#000000;min-width:3px;"> </td><td style="width: 11px; text-align:right;border-color:#000000;min-width:11px;"> </td><td style="width: 60px; text-align:right;border-color:#000000;min-width:60px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 7pt;COLOR: #000000;"> -</font></td><td style="width: 6px; text-align:left;border-color:#000000;min-width:6px;"> </td><td style="width: 11px; text-align:right;border-color:#000000;min-width:11px;"> </td><td style="width: 59px; text-align:right;border-color:#000000;min-width:59px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 7pt;COLOR: #000000;"> 9,514</font></td><td style="width: 6px; text-align:left;border-color:#000000;min-width:6px;"> </td><td style="width: 11px; text-align:right;border-color:#000000;min-width:11px;"> </td><td style="width: 59px; text-align:right;border-color:#000000;min-width:59px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 7pt;COLOR: #000000;"> -</font></td><td style="width: 6px; text-align:left;border-color:#000000;min-width:6px;"> </td><td style="width: 11px; text-align:right;border-color:#000000;min-width:11px;"> </td><td style="width: 48px; text-align:right;border-color:#000000;min-width:48px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 7pt;COLOR: #000000;"> 9,514</font></td></tr><tr style="height: 15px"><td style="width: 151px; text-align:left;border-color:#000000;min-width:151px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 7pt;COLOR: #000000;">Stock-based compensation</font></td><td style="width: 11px; text-align:left;border-color:#000000;min-width:11px;"> </td><td style="width: 35px; text-align:right;border-color:#000000;min-width:35px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 7pt;COLOR: #000000;"> -</font></td><td style="width: 4px; text-align:left;border-color:#000000;min-width:4px;"> </td><td style="width: 11px; text-align:right;border-color:#000000;min-width:11px;"> </td><td style="width: 30px; text-align:right;border-color:#000000;min-width:30px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 7pt;COLOR: #000000;"> -</font></td><td style="width: 4px; text-align:left;border-color:#000000;min-width:4px;"> </td><td style="width: 11px; text-align:right;border-color:#000000;min-width:11px;"> </td><td style="width: 43px; text-align:right;border-color:#000000;min-width:43px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 7pt;COLOR: #000000;"> 31,358</font></td><td style="width: 4px; text-align:left;border-color:#000000;min-width:4px;"> </td><td style="width: 11px; text-align:right;border-color:#000000;min-width:11px;"> </td><td style="width: 55px; text-align:right;border-color:#000000;min-width:55px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 7pt;COLOR: #000000;"> -</font></td><td style="width: 3px; text-align:left;border-color:#000000;min-width:3px;"> </td><td style="width: 11px; text-align:right;border-color:#000000;min-width:11px;"> </td><td style="width: 50px; text-align:right;border-color:#000000;min-width:50px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 7pt;COLOR: #000000;"> -</font></td><td style="width: 3px; text-align:left;border-color:#000000;min-width:3px;"> </td><td style="width: 11px; text-align:right;border-color:#000000;min-width:11px;"> </td><td style="width: 60px; text-align:right;border-color:#000000;min-width:60px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 7pt;COLOR: #000000;"> -</font></td><td style="width: 6px; text-align:left;border-color:#000000;min-width:6px;"> </td><td style="width: 11px; text-align:right;border-color:#000000;min-width:11px;"> </td><td style="width: 59px; text-align:right;border-color:#000000;min-width:59px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 7pt;COLOR: #000000;"> 31,358</font></td><td style="width: 6px; text-align:left;border-color:#000000;min-width:6px;"> </td><td style="width: 11px; text-align:right;border-color:#000000;min-width:11px;"> </td><td style="width: 59px; text-align:right;border-color:#000000;min-width:59px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 7pt;COLOR: #000000;"> -</font></td><td style="width: 6px; text-align:left;border-color:#000000;min-width:6px;"> </td><td style="width: 11px; text-align:right;border-color:#000000;min-width:11px;"> </td><td style="width: 48px; text-align:right;border-color:#000000;min-width:48px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 7pt;COLOR: #000000;"> 31,358</font></td></tr><tr style="height: 15px"><td style="width: 151px; text-align:left;border-color:#000000;min-width:151px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 7pt;COLOR: #000000;">Currency translation adjustment, net of tax</font></td><td style="width: 11px; text-align:left;border-color:#000000;min-width:11px;"> </td><td style="width: 35px; text-align:right;border-color:#000000;min-width:35px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 7pt;COLOR: #000000;"> -</font></td><td style="width: 4px; text-align:left;border-color:#000000;min-width:4px;"> </td><td style="width: 11px; text-align:right;border-color:#000000;min-width:11px;"> </td><td style="width: 30px; text-align:right;border-color:#000000;min-width:30px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 7pt;COLOR: #000000;"> -</font></td><td style="width: 4px; text-align:left;border-color:#000000;min-width:4px;"> </td><td style="width: 11px; text-align:right;border-color:#000000;min-width:11px;"> </td><td style="width: 43px; text-align:right;border-color:#000000;min-width:43px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 7pt;COLOR: #000000;"> -</font></td><td style="width: 4px; text-align:left;border-color:#000000;min-width:4px;"> </td><td style="width: 11px; text-align:right;border-color:#000000;min-width:11px;"> </td><td style="width: 55px; text-align:right;border-color:#000000;min-width:55px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 7pt;COLOR: #000000;"> -</font></td><td style="width: 3px; text-align:left;border-color:#000000;min-width:3px;"> </td><td style="width: 11px; text-align:right;border-color:#000000;min-width:11px;"> </td><td style="width: 50px; text-align:right;border-color:#000000;min-width:50px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 7pt;COLOR: #000000;"> -</font></td><td style="width: 3px; text-align:left;border-color:#000000;min-width:3px;"> </td><td style="width: 11px; text-align:right;border-color:#000000;min-width:11px;"> </td><td style="width: 60px; text-align:right;border-color:#000000;min-width:60px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 7pt;COLOR: #000000;"> (7,655)</font></td><td style="width: 6px; text-align:left;border-color:#000000;min-width:6px;"> </td><td style="width: 11px; text-align:right;border-color:#000000;min-width:11px;"> </td><td style="width: 59px; text-align:right;border-color:#000000;min-width:59px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 7pt;COLOR: #000000;"> (7,655)</font></td><td style="width: 6px; text-align:left;border-color:#000000;min-width:6px;"> </td><td style="width: 11px; text-align:right;border-color:#000000;min-width:11px;"> </td><td style="width: 59px; text-align:right;border-color:#000000;min-width:59px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 7pt;COLOR: #000000;"> (2,252)</font></td><td style="width: 6px; text-align:left;border-color:#000000;min-width:6px;"> </td><td style="width: 11px; text-align:right;border-color:#000000;min-width:11px;"> </td><td style="width: 48px; text-align:right;border-color:#000000;min-width:48px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 7pt;COLOR: #000000;"> (9,907)</font></td></tr><tr style="height: 15px"><td style="width: 151px; text-align:left;border-color:#000000;min-width:151px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 7pt;COLOR: #000000;">Unrealized investment loss, net of tax</font></td><td style="width: 11px; text-align:left;border-color:#000000;min-width:11px;"> </td><td style="width: 35px; text-align:right;border-color:#000000;min-width:35px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 7pt;COLOR: #000000;"> -</font></td><td style="width: 4px; text-align:left;border-color:#000000;min-width:4px;"> </td><td style="width: 11px; text-align:right;border-color:#000000;min-width:11px;"> </td><td style="width: 30px; text-align:right;border-color:#000000;min-width:30px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 7pt;COLOR: #000000;"> -</font></td><td style="width: 4px; text-align:left;border-color:#000000;min-width:4px;"> </td><td style="width: 11px; text-align:right;border-color:#000000;min-width:11px;"> </td><td style="width: 43px; text-align:right;border-color:#000000;min-width:43px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 7pt;COLOR: #000000;"> -</font></td><td style="width: 4px; text-align:left;border-color:#000000;min-width:4px;"> </td><td style="width: 11px; text-align:right;border-color:#000000;min-width:11px;"> </td><td style="width: 55px; text-align:right;border-color:#000000;min-width:55px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 7pt;COLOR: #000000;"> -</font></td><td style="width: 3px; text-align:left;border-color:#000000;min-width:3px;"> </td><td style="width: 11px; text-align:right;border-color:#000000;min-width:11px;"> </td><td style="width: 50px; text-align:right;border-color:#000000;min-width:50px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 7pt;COLOR: #000000;"> -</font></td><td style="width: 3px; text-align:left;border-color:#000000;min-width:3px;"> </td><td style="width: 11px; text-align:right;border-color:#000000;min-width:11px;"> </td><td style="width: 60px; text-align:right;border-color:#000000;min-width:60px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 7pt;COLOR: #000000;"> (1,322)</font></td><td style="width: 6px; text-align:left;border-color:#000000;min-width:6px;"> </td><td style="width: 11px; text-align:right;border-color:#000000;min-width:11px;"> </td><td style="width: 59px; text-align:right;border-color:#000000;min-width:59px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 7pt;COLOR: #000000;"> (1,322)</font></td><td style="width: 6px; text-align:left;border-color:#000000;min-width:6px;"> </td><td style="width: 11px; text-align:right;border-color:#000000;min-width:11px;"> </td><td style="width: 59px; text-align:right;border-color:#000000;min-width:59px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 7pt;COLOR: #000000;"> -</font></td><td style="width: 6px; text-align:left;border-color:#000000;min-width:6px;"> </td><td style="width: 11px; text-align:right;border-color:#000000;min-width:11px;"> </td><td style="width: 48px; text-align:right;border-color:#000000;min-width:48px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 7pt;COLOR: #000000;"> (1,322)</font></td></tr><tr style="height: 15px"><td style="width: 151px; text-align:left;border-color:#000000;min-width:151px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 7pt;COLOR: #000000;TEXT-ALIGN: left;">Other, net</font></td><td style="width: 11px; text-align:right;border-color:#000000;min-width:11px;"> </td><td style="width: 35px; text-align:right;border-color:#000000;min-width:35px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 7pt;COLOR: #000000;"> -</font></td><td style="width: 4px; text-align:left;border-color:#000000;min-width:4px;"> </td><td style="width: 11px; text-align:right;border-color:#000000;min-width:11px;"> </td><td style="width: 30px; text-align:right;border-color:#000000;min-width:30px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 7pt;COLOR: #000000;"> -</font></td><td style="width: 4px; text-align:left;border-color:#000000;min-width:4px;"> </td><td style="width: 11px; text-align:right;border-color:#000000;min-width:11px;"> </td><td style="width: 43px; text-align:right;border-color:#000000;min-width:43px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 7pt;COLOR: #000000;"> -</font></td><td style="width: 4px; text-align:left;border-color:#000000;min-width:4px;"> </td><td style="width: 11px; text-align:right;border-color:#000000;min-width:11px;"> </td><td style="width: 55px; text-align:right;border-color:#000000;min-width:55px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 7pt;COLOR: #000000;"> -</font></td><td style="width: 3px; text-align:left;border-color:#000000;min-width:3px;"> </td><td style="width: 11px; text-align:right;border-color:#000000;min-width:11px;"> </td><td style="width: 50px; text-align:right;border-color:#000000;min-width:50px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 7pt;COLOR: #000000;"> -</font></td><td style="width: 3px; text-align:left;border-color:#000000;min-width:3px;"> </td><td style="width: 11px; text-align:right;border-color:#000000;min-width:11px;"> </td><td style="width: 60px; text-align:right;border-color:#000000;min-width:60px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 7pt;COLOR: #000000;"> -</font></td><td style="width: 6px; text-align:left;border-color:#000000;min-width:6px;"> </td><td style="width: 11px; text-align:right;border-color:#000000;min-width:11px;"> </td><td style="width: 59px; text-align:right;border-color:#000000;min-width:59px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 7pt;COLOR: #000000;"> -</font></td><td style="width: 6px; text-align:left;border-color:#000000;min-width:6px;"> </td><td style="width: 11px; text-align:right;border-color:#000000;min-width:11px;"> </td><td style="width: 59px; text-align:right;border-color:#000000;min-width:59px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 7pt;COLOR: #000000;"> (107)</font></td><td style="width: 6px; text-align:left;border-color:#000000;min-width:6px;"> </td><td style="width: 11px; text-align:right;border-color:#000000;min-width:11px;"> </td><td style="width: 48px; text-align:right;border-color:#000000;min-width:48px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 7pt;COLOR: #000000;"> (107)</font></td></tr><tr style="height: 15px"><td style="width: 151px; text-align:left;border-color:#000000;min-width:151px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 7pt;COLOR: #000000;">Net income (loss)</font></td><td style="width: 11px; text-align:left;border-color:#000000;min-width:11px;"> </td><td style="width: 35px; text-align:right;border-color:#000000;min-width:35px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 7pt;COLOR: #000000;"> -</font></td><td style="width: 4px; text-align:left;border-color:#000000;min-width:4px;"> </td><td style="width: 11px; text-align:right;border-color:#000000;min-width:11px;"> </td><td style="width: 30px; text-align:right;border-color:#000000;min-width:30px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 7pt;COLOR: #000000;"> -</font></td><td style="width: 4px; text-align:left;border-color:#000000;min-width:4px;"> </td><td style="width: 11px; text-align:right;border-color:#000000;min-width:11px;"> </td><td style="width: 43px; text-align:right;border-color:#000000;min-width:43px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 7pt;COLOR: #000000;"> -</font></td><td style="width: 4px; text-align:left;border-color:#000000;min-width:4px;"> </td><td style="width: 11px; text-align:right;border-color:#000000;min-width:11px;"> </td><td style="width: 55px; text-align:right;border-color:#000000;min-width:55px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 7pt;COLOR: #000000;"> -</font></td><td style="width: 3px; text-align:left;border-color:#000000;min-width:3px;"> </td><td style="width: 11px; text-align:right;border-color:#000000;min-width:11px;"> </td><td style="width: 50px; text-align:right;border-color:#000000;min-width:50px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 7pt;COLOR: #000000;"> 305,706</font></td><td style="width: 3px; text-align:left;border-color:#000000;min-width:3px;"> </td><td style="width: 11px; text-align:right;border-color:#000000;min-width:11px;"> </td><td style="width: 60px; text-align:right;border-color:#000000;min-width:60px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 7pt;COLOR: #000000;"> -</font></td><td style="width: 6px; text-align:left;border-color:#000000;min-width:6px;"> </td><td style="width: 11px; text-align:right;border-color:#000000;min-width:11px;"> </td><td style="width: 59px; text-align:right;border-color:#000000;min-width:59px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 7pt;COLOR: #000000;"> 305,706</font></td><td style="width: 6px; text-align:left;border-color:#000000;min-width:6px;"> </td><td style="width: 11px; text-align:right;border-color:#000000;min-width:11px;"> </td><td style="width: 59px; text-align:right;border-color:#000000;min-width:59px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 7pt;COLOR: #000000;"> (322)</font></td><td style="width: 6px; text-align:left;border-color:#000000;min-width:6px;"> </td><td style="width: 11px; text-align:right;border-color:#000000;min-width:11px;"> </td><td style="width: 48px; text-align:right;border-color:#000000;min-width:48px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 7pt;COLOR: #000000;"> 305,384</font></td></tr><tr style="height: 15px"><td style="width: 151px; text-align:left;border-color:#000000;min-width:151px;"><font style="FONT-WEIGHT: bold;FONT-FAMILY: Times New Roman;FONT-SIZE: 7pt;COLOR: #000000;TEXT-ALIGN: left;">Balance as of February 28, 2009</font></td><td style="width: 11px; border-top-style:solid;border-top-width:1px;border-bottom-style:double;border-bottom-width:3px;text-align:right;border-color:#000000;min-width:11px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 7pt;COLOR: #000000;TEXT-ALIGN: right;">$</font></td><td style="width: 35px; border-top-style:solid;border-top-width:1px;border-bottom-style:double;border-bottom-width:3px;text-align:right;border-color:#000000;min-width:35px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 7pt;COLOR: #000000;"> 103</font></td><td style="width: 4px; text-align:right;border-color:#000000;min-width:4px;"> </td><td style="width: 11px; border-top-style:solid;border-top-width:1px;border-bottom-style:double;border-bottom-width:3px;text-align:right;border-color:#000000;min-width:11px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 7pt;COLOR: #000000;TEXT-ALIGN: right;">$</font></td><td style="width: 30px; border-top-style:solid;border-top-width:1px;border-bottom-style:double;border-bottom-width:3px;text-align:right;border-color:#000000;min-width:30px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 7pt;COLOR: #000000;"> 1</font></td><td style="width: 4px; text-align:right;border-color:#000000;min-width:4px;"> </td><td style="width: 11px; border-top-style:solid;border-top-width:1px;border-bottom-style:double;border-bottom-width:3px;text-align:right;border-color:#000000;min-width:11px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 7pt;COLOR: #000000;TEXT-ALIGN: right;">$</font></td><td style="width: 43px; border-top-style:solid;border-top-width:1px;border-bottom-style:double;border-bottom-width:3px;text-align:right;border-color:#000000;min-width:43px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 7pt;COLOR: #000000;"> 21,937</font></td><td style="width: 4px; text-align:right;border-color:#000000;min-width:4px;"> </td><td style="width: 11px; border-top-style:solid;border-top-width:1px;border-bottom-style:double;border-bottom-width:3px;text-align:right;border-color:#000000;min-width:11px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 7pt;COLOR: #000000;TEXT-ALIGN: right;">$</font></td><td style="width: 55px; border-top-style:solid;border-top-width:1px;border-bottom-style:double;border-bottom-width:3px;text-align:right;border-color:#000000;min-width:55px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 7pt;COLOR: #000000;"> (1,645,745)</font></td><td style="width: 3px; text-align:right;border-color:#000000;min-width:3px;"> </td><td style="width: 11px; border-top-style:solid;border-top-width:1px;border-bottom-style:double;border-bottom-width:3px;text-align:right;border-color:#000000;min-width:11px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 7pt;COLOR: #000000;TEXT-ALIGN: right;">$</font></td><td style="width: 50px; border-top-style:solid;border-top-width:1px;border-bottom-style:double;border-bottom-width:3px;text-align:right;border-color:#000000;min-width:50px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 7pt;COLOR: #000000;"> 2,902,430</font></td><td style="width: 3px; text-align:right;border-color:#000000;min-width:3px;"> </td><td style="width: 11px; border-top-style:solid;border-top-width:1px;border-bottom-style:double;border-bottom-width:3px;text-align:right;border-color:#000000;min-width:11px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 7pt;COLOR: #000000;TEXT-ALIGN: right;">$</font></td><td style="width: 60px; border-top-style:solid;border-top-width:1px;border-bottom-style:double;border-bottom-width:3px;text-align:right;border-color:#000000;min-width:60px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 7pt;COLOR: #000000;"> (12,758)</font></td><td style="width: 6px; text-align:right;border-color:#000000;min-width:6px;"> </td><td style="width: 11px; border-top-style:solid;border-top-width:1px;border-bottom-style:double;border-bottom-width:3px;text-align:right;border-color:#000000;min-width:11px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 7pt;COLOR: #000000;TEXT-ALIGN: right;">$</font></td><td style="width: 59px; border-top-style:solid;border-top-width:1px;border-bottom-style:double;border-bottom-width:3px;text-align:right;border-color:#000000;min-width:59px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 7pt;COLOR: #000000;"> 1,265,968</font></td><td style="width: 6px; text-align:right;border-color:#000000;min-width:6px;"> </td><td style="width: 11px; border-top-style:solid;border-top-width:1px;border-bottom-style:double;border-bottom-width:3px;text-align:right;border-color:#000000;min-width:11px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 7pt;COLOR: #000000;TEXT-ALIGN: right;">$</font></td><td style="width: 59px; border-top-style:solid;border-top-width:1px;border-bottom-style:double;border-bottom-width:3px;text-align:right;border-color:#000000;min-width:59px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 7pt;COLOR: #000000;"> 9,098</font></td><td style="width: 6px; text-align:right;border-color:#000000;min-width:6px;"> </td><td style="width: 11px; border-top-style:solid;border-top-width:1px;border-bottom-style:double;border-bottom-width:3px;text-align:right;border-color:#000000;min-width:11px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 7pt;COLOR: #000000;TEXT-ALIGN: right;">$</font></td><td style="width: 48px; border-top-style:solid;border-top-width:1px;border-bottom-style:double;border-bottom-width:3px;text-align:right;border-color:#000000;min-width:48px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 7pt;COLOR: #000000;"> 1,275,066</font></td></tr></table></div><p style='margin-top: 0pt; margin-bottom: 0pt;'></p><p style='margin-top:12pt; margin-bottom:0pt'><font style="font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;margin-left:0px;">Share Reissuances</font></p><p style='margin-top:0pt; margin-bottom:0pt'> </p><p style='margin-top:0pt; margin-bottom:0pt'><font style="font-family:Times New Roman;font-size:10pt;margin-left:0px;">During the</font><font style="font-family:Times New Roman;font-size:10pt;"> three months ended</font><font style="font-family:Times New Roman;font-size:10pt;"> February 28, 2010 and 2009</font><font style="font-family:Times New Roman;font-size:10pt;">, we issued approxim</font><font style="font-family:Times New Roman;font-size:10pt;">ately </font><font style="font-family:Times New Roman;font-size:10pt;">0.1</font><font style="font-family:Times New Roman;font-size:10pt;"> million shares and </font><font style="font-family:Times New Roman;font-size:10pt;">1.3</font><font style="font-family:Times New Roman;font-size:10pt;"> million shares, respectively, </font><font style="font-family:Times New Roman;font-size:10pt;">and during the six months ended February 28, 2010 and 2009, we issued approximately </font><font style="font-family:Times New Roman;font-size:10pt;">0.2</font><font style="font-family:Times New Roman;font-size:10pt;"> million shares and </font><font style="font-family:Times New Roman;font-size:10pt;">1.9</font><font style="font-family:Times New Roman;font-size:10pt;"> million shares, respectively,</font><font style="font-family:Times New Roman;font-size:10pt;"> </font><font style="font-family:Times New Roman;font-size:10pt;">of our Class A common stock</font><font style="font-family:Times New Roman;font-size:10pt;"> from our treasury stock</font><font style="font-family:Times New Roman;font-size:10pt;"> as a result of stock option exercises, release o</font><font style="font-family:Times New Roman;font-size:10pt;">f shares covered by vested restricted stock units, </font><font style="font-family:Times New Roman;font-size:10pt;">and </font><font style="font-family:Times New Roman;font-size:10pt;">purchases under </font><font style="font-family:Times New Roman;font-size:10pt;">our employee stock purchase plan.</font><font style="font-family:Times New Roman;font-size:10pt;"> </font></p><p style='margin-top:0pt; margin-bottom:0pt'> </p><p style='margin-top:0pt; margin-bottom:0pt'><font style="font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;margin-left:0px;">Share Repurchases</font></p><p style='margin-top:0pt; margin-bottom:0pt'> </p><p style='margin-top:0pt; margin-bottom:0pt'><font style="font-family:Times New Roman;font-size:10pt;margin-left:0px;">Our Board of Directors has authorized us to repurchase outstanding shares of Apollo Group Class A common stock, from time to time, depending on market conditions and other considerations.</font><font style="font-family:Times New Roman;font-size:10pt;"> </font><font style="font-family:Times New Roman;font-size:10pt;">On </font><font style="font-family:Times New Roman;font-size:10pt;">February 18</font><font style="font-family:Times New Roman;font-size:10pt;">, 2010, our Board of Directors authorized a $500 million increase in the amount available under our </font><font style="font-family:Times New Roman;font-size:10pt;">share</font><font style="font-family:Times New Roman;font-size:10pt;"> repurchase program up to an aggregate amount of $1 billion of Apollo Group Class A common stock. </font><font style="font-family:Times New Roman;font-size:10pt;">There is no expiration date on the repurchase authorizations and repurchases occur at our discretion. </font></p><p style='margin-top:0pt; margin-bottom:0pt'> </p><p style='margin-top:0pt; margin-bottom:0pt'><font style="font-family:Times New Roman;font-size:10pt;margin-left:0px;">During the three months ended February 28, 2010, we repurchased approximately </font><font style="font-family:Times New Roman;font-size:10pt;">3.4</font><font style="font-family:Times New Roman;font-size:10pt;"> million shares of our Class A common stock at a total cost of approximately </font><font style="font-family:Times New Roman;font-size:10pt;">$200</font><font style="font-family:Times New Roman;font-size:10pt;"> million, representing a weighted average purchase price of </font><font style="font-family:Times New Roman;font-size:10pt;">$59.61</font><font style="font-family:Times New Roman;font-size:10pt;"> per share. As of February 28, 2010, approximately </font><font style="font-family:Times New Roman;font-size:10pt;">$800</font><font style="font-family:Times New Roman;font-size:10pt;"> million remained available under our share repurchase authorization. </font><font style="font-family:Times New Roman;font-size:10pt;">The amount and timing of future share repurchases, if any, will be made as market and business conditions warrant</font><font style="font-family:Times New Roman;font-size:10pt;">.</font><font style="font-family:Times New Roman;font-size:10pt;"> </font><font style="font-family:Times New Roman;font-size:10pt;">Repurchases may be made on the open market or in privately negotiated transactions, pursuant to the applicable</font><font style="font-family:Times New Roman;font-size:10pt;"> Securities and Exchange Commission </font><font style="font-family:Times New Roman;font-size:10pt;">rules, and may include repurchases pursuant</font><font style="font-family:Times New Roman;font-size:10pt;"> to</font><font style="font-family:Times New Roman;font-size:10pt;"> Securities and Exchange Commission </font><font style="font-family:Times New Roman;font-size:10pt;">Rule 10b5-1 nondiscretionary trading </font><font style="font-family:Times New Roman;font-size:10pt;">programs.</font></p><p style='margin-top:0pt; margin-bottom:0pt'> </p><p style='margin-top:0pt; margin-bottom:0pt'><font style="font-family:Times New Roman;font-size:10pt;margin-left:0px;">In connection with the release of vested shares of restricted stock, we repurchased approximately </font><font style="font-family:Times New Roman;font-size:10pt;">2</font><font style="font-family:Times New Roman;font-size:10pt;">,000</font><font style="font-family:Times New Roman;font-size:10pt;"> shares for </font><font style="font-family:Times New Roman;font-size:10pt;">$0.1</font><font style="font-family:Times New Roman;font-size:10pt;"> million </font><font style="font-family:Times New Roman;font-size:10pt;">and 19,000 shares for $1.1 million </font><font style="font-family:Times New Roman;font-size:10pt;">during the </font><font style="font-family:Times New Roman;font-size:10pt;">three and six months ended February 28, 2010, respectively.</font><font style="font-family:Times New Roman;font-size:10pt;"> </font><font style="font-family:Times New Roman;font-size:10pt;">During the six months ended February 28, 2009, we repurchased </font><font style="font-family:Times New Roman;font-size:10pt;">approximately </font><font style="font-family:Times New Roman;font-size:10pt;">36,000</font><font style="font-family:Times New Roman;font-size:10pt;"> shares for </font><font style="font-family:Times New Roman;font-size:10pt;">$2.5</font><font style="font-family:Times New Roman;font-size:10pt;"> million</font><font style="font-family:Times New Roman;font-size:10pt;">.</font><font style="font-family:Times New Roman;font-size:10pt;"> </font><font style="font-family:Times New Roman;font-size:10pt;">These repurchases relate to </font><font style="font-family:Times New Roman;font-size:10pt;">tax withholding requ</font><font style="font-family:Times New Roman;font-size:10pt;">irements on </font><font style="font-family:Times New Roman;font-size:10pt;">the </font><font style="font-family:Times New Roman;font-size:10pt;">restricted stock units</font><font style="font-family:Times New Roman;font-size:10pt;"> and </font><font style="font-family:Times New Roman;font-size:10pt;">do not fall under the repurchase program described above, and therefore do not reduce the amount that is available for repurchase under that program.</font></p>
<p style='margin-top:0pt; margin-bottom:0pt'><font style="font-family:Times New Roman;font-size:10pt;font-weight:bold;margin-left:0px;">Note </font><font style="font-family:Times New Roman;font-size:10pt;font-weight:bold;">13</font><font style="font-family:Times New Roman;font-size:10pt;font-weight:bold;">. Earnings Per Share</font></p><p style='margin-top:0pt; margin-bottom:0pt'> </p><p style='margin-top:0pt; margin-bottom:0pt'><font style="font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;margin-left:0px;">Apollo Group Common Stock</font></p><p style='margin-top:0pt; margin-bottom:0pt'> </p><p style='margin-top:0pt; margin-bottom:0pt'><font style="font-family:Times New Roman;font-size:10pt;margin-left:0px;">Our outstanding shares consist of Apollo Group Class A and Class B common stock. Our Articles of Incorporation treat the declaration of dividends on the Apollo Group Class A and Class B common stock in an identical manner. As such, both the Apollo Group Class A and Class B common stock are included in the calculation of our earnings per share. </font></p><p style='margin-top:0pt; margin-bottom:0pt'> </p><p style='margin-top:0pt; margin-bottom:0pt'><font style="font-family:Times New Roman;font-size:10pt;margin-left:0px;">Diluted weighted average shares outstanding includes the incremental effect of shares that would be issued upon the assumed exercise of stock options and the vesting </font><font style="font-family:Times New Roman;font-size:10pt;">and release </font><font style="font-family:Times New Roman;font-size:10pt;">of restricted stock units. The following provides a reconciliation of the basic and diluted earnings per share computations for our common stock for the periods indicated</font><font style="font-family:Times New Roman;font-size:10pt;">:</font></p><p style='margin-top: 0pt; margin-bottom: 0pt;'></p><div><table style="border-collapse:collapse;margin-top:20px;"><tr style="height: 17px"><td style="width: 287px; text-align:left;border-color:#000000;min-width:287px;"> <font style="font-size: 7pt;"><sup></sup></font></td><td colspan="15" style="width: 427px; border-bottom-style:solid;border-bottom-width:1px;text-align:center;border-color:#000000;min-width:427px;"><font style="FONT-WEIGHT: bold;FONT-FAMILY: Times New Roman;FONT-SIZE: 8pt;COLOR: #000000;TEXT-ALIGN: center;">Three Months Ended February 28,</font></td></tr><tr style="height: 17px"><td style="width: 287px; text-align:left;border-color:#000000;min-width:287px;"> <font style="font-size: 7pt;"><sup></sup></font></td><td colspan="7" style="width: 207px; border-top-style:solid;border-top-width:1px;border-bottom-style:solid;border-bottom-width:1px;text-align:center;border-color:#000000;min-width:207px;"><font style="FONT-WEIGHT: bold;FONT-FAMILY: Times New Roman;FONT-SIZE: 8pt;COLOR: #000000;TEXT-ALIGN: center;">2010</font></td><td style="width: 13px; text-align:left;border-color:#000000;min-width:13px;"> </td><td colspan="7" style="width: 207px; border-top-style:solid;border-top-width:1px;border-bottom-style:solid;border-bottom-width:1px;text-align:center;border-color:#000000;min-width:207px;"><font style="FONT-WEIGHT: bold;FONT-FAMILY: Times New Roman;FONT-SIZE: 8pt;COLOR: #000000;TEXT-ALIGN: center;">2009</font></td></tr><tr style="height: 51px"><td style="width: 287px; text-align:left;border-color:#000000;min-width:287px;"><font style="FONT-STYLE: italic;FONT-FAMILY: Times New Roman;FONT-SIZE: 8pt;COLOR: #000000;">(in thousands, except per share data)</font><font style="font-size: 7pt;"><sup></sup></font></td><td colspan="2" style="width: 77px; border-top-style:solid;border-top-width:1px;border-bottom-style:solid;border-bottom-width:1px;text-align:center;border-color:#000000;min-width:77px;"><font style="FONT-WEIGHT: bold;FONT-FAMILY: Times New Roman;FONT-SIZE: 8pt;COLOR: #000000;TEXT-ALIGN: center;">Net Income Attributable to Apollo</font></td><td style="width: 8px; text-align:center;border-color:#000000;min-width:8px;"> </td><td style="width: 52px; border-bottom-style:solid;border-bottom-width:1px;text-align:center;border-color:#000000;min-width:52px;"><font style="FONT-WEIGHT: bold;FONT-FAMILY: Times New Roman;FONT-SIZE: 8pt;COLOR: #000000;TEXT-ALIGN: center;">Weighted Average Shares</font></td><td style="width: 8px; text-align:center;border-color:#000000;min-width:8px;"> </td><td colspan="2" style="width: 62px; border-top-style:solid;border-top-width:1px;border-bottom-style:solid;border-bottom-width:1px;text-align:center;border-color:#000000;min-width:62px;"><font style="FONT-WEIGHT: bold;FONT-FAMILY: Times New Roman;FONT-SIZE: 8pt;COLOR: #000000;TEXT-ALIGN: center;">Per Share Amount</font></td><td style="width: 13px; text-align:center;border-color:#000000;min-width:13px;"> </td><td colspan="2" style="width: 77px; border-top-style:solid;border-top-width:1px;border-bottom-style:solid;border-bottom-width:1px;text-align:center;border-color:#000000;min-width:77px;"><font style="FONT-WEIGHT: bold;FONT-FAMILY: Times New Roman;FONT-SIZE: 8pt;COLOR: #000000;TEXT-ALIGN: center;">Net Income Attributable to Apollo</font></td><td style="width: 8px; text-align:center;border-color:#000000;min-width:8px;"> </td><td style="width: 52px; border-bottom-style:solid;border-bottom-width:1px;text-align:center;border-color:#000000;min-width:52px;"><font style="FONT-WEIGHT: bold;FONT-FAMILY: Times New Roman;FONT-SIZE: 8pt;COLOR: #000000;TEXT-ALIGN: center;">Weighted Average Shares</font></td><td style="width: 8px; text-align:center;border-color:#000000;min-width:8px;"> </td><td colspan="2" style="width: 62px; border-top-style:solid;border-top-width:1px;border-bottom-style:solid;border-bottom-width:1px;text-align:center;border-color:#000000;min-width:62px;"><font style="FONT-WEIGHT: bold;FONT-FAMILY: Times New Roman;FONT-SIZE: 8pt;COLOR: #000000;TEXT-ALIGN: center;">Per Share Amount</font></td></tr><tr style="height: 17px"><td style="width: 287px; text-align:left;border-color:#000000;min-width:287px;"><font style="FONT-WEIGHT: bold;FONT-FAMILY: Times New Roman;FONT-SIZE: 8pt;COLOR: #000000;">Basic income per share attributable to Apollo</font><font style="font-size: 7pt;"><sup></sup></font></td><td style="width: 13px; text-align:right;border-color:#000000;min-width:13px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 8pt;COLOR: #000000;TEXT-ALIGN: right;">$</font></td><td style="width: 64px; text-align:right;border-color:#000000;min-width:64px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 8pt;COLOR: #000000;"> 92,606</font></td><td style="width: 8px; text-align:right;border-color:#000000;min-width:8px;"> </td><td style="width: 52px; text-align:right;border-color:#000000;min-width:52px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 8pt;COLOR: #000000;"> 154,119</font></td><td style="width: 8px; text-align:right;border-color:#000000;min-width:8px;"> </td><td style="width: 13px; text-align:right;border-color:#000000;min-width:13px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 8pt;COLOR: #000000;TEXT-ALIGN: right;">$</font></td><td style="width: 49px; text-align:right;border-color:#000000;min-width:49px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 8pt;COLOR: #000000;"> 0.60</font></td><td style="width: 13px; text-align:right;border-color:#000000;min-width:13px;"> </td><td style="width: 13px; text-align:right;border-color:#000000;min-width:13px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 8pt;COLOR: #000000;TEXT-ALIGN: right;">$</font></td><td style="width: 64px; text-align:right;border-color:#000000;min-width:64px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 8pt;COLOR: #000000;"> 125,346</font></td><td style="width: 8px; text-align:right;border-color:#000000;min-width:8px;"> </td><td style="width: 52px; text-align:right;border-color:#000000;min-width:52px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 8pt;COLOR: #000000;"> 160,153</font></td><td style="width: 8px; text-align:right;border-color:#000000;min-width:8px;"> </td><td style="width: 13px; text-align:right;border-color:#000000;min-width:13px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 8pt;COLOR: #000000;TEXT-ALIGN: right;">$</font></td><td style="width: 49px; text-align:right;border-color:#000000;min-width:49px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 8pt;COLOR: #000000;"> 0.78</font></td></tr><tr style="height: 17px"><td style="width: 287px; text-align:left;border-color:#000000;min-width:287px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 8pt;COLOR: #000000;">Effect of dilutive securities:</font><font style="font-size: 7pt;"><sup></sup></font></td><td style="width: 13px; text-align:right;border-color:#000000;min-width:13px;"> </td><td style="width: 64px; text-align:left;border-color:#000000;min-width:64px;"> </td><td style="width: 8px; text-align:right;border-color:#000000;min-width:8px;"> </td><td style="width: 52px; text-align:left;border-color:#000000;min-width:52px;"> </td><td style="width: 8px; text-align:right;border-color:#000000;min-width:8px;"> </td><td style="width: 13px; text-align:right;border-color:#000000;min-width:13px;"> </td><td style="width: 49px; text-align:left;border-color:#000000;min-width:49px;"> </td><td style="width: 13px; text-align:right;border-color:#000000;min-width:13px;"> </td><td style="width: 13px; text-align:right;border-color:#000000;min-width:13px;"> </td><td style="width: 64px; text-align:left;border-color:#000000;min-width:64px;"> </td><td style="width: 8px; text-align:right;border-color:#000000;min-width:8px;"> </td><td style="width: 52px; text-align:left;border-color:#000000;min-width:52px;"> </td><td style="width: 8px; text-align:right;border-color:#000000;min-width:8px;"> </td><td style="width: 13px; text-align:right;border-color:#000000;min-width:13px;"> </td><td style="width: 49px; text-align:left;border-color:#000000;min-width:49px;"> </td></tr><tr style="height: 17px"><td style="width: 287px; text-align:left;border-color:#000000;min-width:287px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 8pt;COLOR: #000000;TEXT-ALIGN: left;"> Stock options</font><font style="font-size: 7pt;"><sup>(1)</sup></font></td><td style="width: 13px; text-align:right;border-color:#000000;min-width:13px;"> </td><td style="width: 64px; text-align:right;border-color:#000000;min-width:64px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 8pt;COLOR: #000000;"> -</font></td><td style="width: 8px; text-align:right;border-color:#000000;min-width:8px;"> </td><td style="width: 52px; text-align:right;border-color:#000000;min-width:52px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 8pt;COLOR: #000000;"> 808</font></td><td style="width: 8px; text-align:right;border-color:#000000;min-width:8px;"> </td><td style="width: 13px; text-align:right;border-color:#000000;min-width:13px;"> </td><td style="width: 49px; text-align:right;border-color:#000000;min-width:49px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 8pt;COLOR: #000000;"> -</font></td><td style="width: 13px; text-align:right;border-color:#000000;min-width:13px;"> </td><td style="width: 13px; text-align:right;border-color:#000000;min-width:13px;"> </td><td style="width: 64px; text-align:right;border-color:#000000;min-width:64px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 8pt;COLOR: #000000;"> -</font></td><td style="width: 8px; text-align:right;border-color:#000000;min-width:8px;"> </td><td style="width: 52px; text-align:right;border-color:#000000;min-width:52px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 8pt;COLOR: #000000;"> 2,356</font></td><td style="width: 8px; text-align:right;border-color:#000000;min-width:8px;"> </td><td style="width: 13px; text-align:right;border-color:#000000;min-width:13px;"> </td><td style="width: 49px; text-align:right;border-color:#000000;min-width:49px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 8pt;COLOR: #000000;"> (0.01)</font></td></tr><tr style="height: 17px"><td style="width: 287px; text-align:left;border-color:#000000;min-width:287px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 8pt;COLOR: #000000;TEXT-ALIGN: left;"> Restricted stock units</font><font style="font-size: 7pt;"><sup>(2)</sup></font></td><td style="width: 13px; text-align:right;border-color:#000000;min-width:13px;"> </td><td style="width: 64px; text-align:right;border-color:#000000;min-width:64px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 8pt;COLOR: #000000;"> -</font></td><td style="width: 8px; text-align:right;border-color:#000000;min-width:8px;"> </td><td style="width: 52px; text-align:right;border-color:#000000;min-width:52px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 8pt;COLOR: #000000;"> 241</font></td><td style="width: 8px; text-align:right;border-color:#000000;min-width:8px;"> </td><td style="width: 13px; text-align:right;border-color:#000000;min-width:13px;"> </td><td style="width: 49px; text-align:right;border-color:#000000;min-width:49px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 8pt;COLOR: #000000;"> -</font></td><td style="width: 13px; text-align:right;border-color:#000000;min-width:13px;"> </td><td style="width: 13px; text-align:right;border-color:#000000;min-width:13px;"> </td><td style="width: 64px; text-align:right;border-color:#000000;min-width:64px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 8pt;COLOR: #000000;"> -</font></td><td style="width: 8px; text-align:right;border-color:#000000;min-width:8px;"> </td><td style="width: 52px; text-align:right;border-color:#000000;min-width:52px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 8pt;COLOR: #000000;"> 248</font></td><td style="width: 8px; text-align:right;border-color:#000000;min-width:8px;"> </td><td style="width: 13px; text-align:right;border-color:#000000;min-width:13px;"> </td><td style="width: 49px; text-align:right;border-color:#000000;min-width:49px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 8pt;COLOR: #000000;"> -</font></td></tr><tr style="height: 18px"><td style="width: 287px; text-align:left;border-color:#000000;min-width:287px;"><font style="FONT-WEIGHT: bold;FONT-FAMILY: Times New Roman;FONT-SIZE: 8pt;COLOR: #000000;">Diluted income per share attributable to Apollo</font><font style="font-size: 7pt;"><sup></sup></font></td><td style="width: 13px; border-top-style:solid;border-top-width:1px;border-bottom-style:double;border-bottom-width:3px;text-align:right;border-color:#000000;min-width:13px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 8pt;COLOR: #000000;TEXT-ALIGN: right;">$</font></td><td style="width: 64px; border-top-style:solid;border-top-width:1px;border-bottom-style:double;border-bottom-width:3px;text-align:right;border-color:#000000;min-width:64px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 8pt;COLOR: #000000;"> 92,606</font></td><td style="width: 8px; text-align:right;border-color:#000000;min-width:8px;"> </td><td style="width: 52px; border-top-style:solid;border-top-width:1px;border-bottom-style:double;border-bottom-width:3px;text-align:right;border-color:#000000;min-width:52px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 8pt;COLOR: #000000;"> 155,168</font></td><td style="width: 8px; text-align:right;border-color:#000000;min-width:8px;"> </td><td style="width: 13px; border-top-style:solid;border-top-width:1px;border-bottom-style:double;border-bottom-width:3px;text-align:right;border-color:#000000;min-width:13px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 8pt;COLOR: #000000;TEXT-ALIGN: right;">$</font></td><td style="width: 49px; border-top-style:solid;border-top-width:1px;border-bottom-style:double;border-bottom-width:3px;text-align:right;border-color:#000000;min-width:49px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 8pt;COLOR: #000000;"> 0.60</font></td><td style="width: 13px; text-align:right;border-color:#000000;min-width:13px;"> </td><td style="width: 13px; border-top-style:solid;border-top-width:1px;border-bottom-style:double;border-bottom-width:3px;text-align:right;border-color:#000000;min-width:13px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 8pt;COLOR: #000000;TEXT-ALIGN: right;">$</font></td><td style="width: 64px; border-top-style:solid;border-top-width:1px;border-bottom-style:double;border-bottom-width:3px;text-align:right;border-color:#000000;min-width:64px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 8pt;COLOR: #000000;"> 125,346</font></td><td style="width: 8px; text-align:right;border-color:#000000;min-width:8px;"> </td><td style="width: 52px; border-top-style:solid;border-top-width:1px;border-bottom-style:double;border-bottom-width:3px;text-align:right;border-color:#000000;min-width:52px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 8pt;COLOR: #000000;"> 162,757</font></td><td style="width: 8px; text-align:right;border-color:#000000;min-width:8px;"> </td><td style="width: 13px; border-top-style:solid;border-top-width:1px;border-bottom-style:double;border-bottom-width:3px;text-align:right;border-color:#000000;min-width:13px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 8pt;COLOR: #000000;TEXT-ALIGN: right;">$</font></td><td style="width: 49px; border-top-style:solid;border-top-width:1px;border-bottom-style:double;border-bottom-width:3px;text-align:right;border-color:#000000;min-width:49px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 8pt;COLOR: #000000;"> 0.77</font></td></tr><tr style="height: 18px"><td style="width: 287px; text-align:left;border-color:#000000;min-width:287px;"> <font style="font-size: 7pt;"><sup></sup></font></td><td style="width: 13px; text-align:left;border-color:#000000;min-width:13px;"> </td><td style="width: 64px; text-align:left;border-color:#000000;min-width:64px;"> </td><td style="width: 8px; text-align:left;border-color:#000000;min-width:8px;"> </td><td style="width: 52px; text-align:left;border-color:#000000;min-width:52px;"> </td><td style="width: 8px; text-align:left;border-color:#000000;min-width:8px;"> </td><td style="width: 13px; text-align:left;border-color:#000000;min-width:13px;"> </td><td style="width: 49px; text-align:left;border-color:#000000;min-width:49px;"> </td><td style="width: 13px; text-align:left;border-color:#000000;min-width:13px;"> </td><td style="width: 13px; text-align:left;border-color:#000000;min-width:13px;"> </td><td style="width: 64px; text-align:left;border-color:#000000;min-width:64px;"> </td><td style="width: 8px; text-align:left;border-color:#000000;min-width:8px;"> </td><td style="width: 52px; text-align:left;border-color:#000000;min-width:52px;"> </td><td style="width: 8px; text-align:left;border-color:#000000;min-width:8px;"> </td><td style="width: 13px; text-align:left;border-color:#000000;min-width:13px;"> </td><td style="width: 49px; text-align:left;border-color:#000000;min-width:49px;"> </td></tr><tr style="height: 17px"><td style="width: 287px; text-align:left;border-color:#000000;min-width:287px;"> <font style="font-size: 7pt;"><sup></sup></font></td><td colspan="15" style="width: 427px; border-bottom-style:solid;border-bottom-width:1px;text-align:center;border-color:#000000;min-width:427px;"><font style="FONT-WEIGHT: bold;FONT-FAMILY: Times New Roman;FONT-SIZE: 8pt;COLOR: #000000;TEXT-ALIGN: center;">Six Months Ended February 28,</font></td></tr><tr style="height: 17px"><td style="width: 287px; text-align:left;border-color:#000000;min-width:287px;"> <font style="font-size: 7pt;"><sup></sup></font></td><td colspan="7" style="width: 207px; border-top-style:solid;border-top-width:1px;border-bottom-style:solid;border-bottom-width:1px;text-align:center;border-color:#000000;min-width:207px;"><font style="FONT-WEIGHT: bold;FONT-FAMILY: Times New Roman;FONT-SIZE: 8pt;COLOR: #000000;TEXT-ALIGN: center;">2010</font></td><td style="width: 13px; text-align:left;border-color:#000000;min-width:13px;"> </td><td colspan="7" style="width: 207px; border-top-style:solid;border-top-width:1px;border-bottom-style:solid;border-bottom-width:1px;text-align:center;border-color:#000000;min-width:207px;"><font style="FONT-WEIGHT: bold;FONT-FAMILY: Times New Roman;FONT-SIZE: 8pt;COLOR: #000000;TEXT-ALIGN: center;">2009</font></td></tr><tr style="height: 57px"><td style="width: 287px; text-align:left;border-color:#000000;min-width:287px;"><font style="FONT-STYLE: italic;FONT-FAMILY: Times New Roman;FONT-SIZE: 8pt;COLOR: #000000;">(in thousands, except per share data)</font><font style="font-size: 7pt;"><sup></sup></font></td><td colspan="2" style="width: 77px; border-top-style:solid;border-top-width:1px;border-bottom-style:solid;border-bottom-width:1px;text-align:center;border-color:#000000;min-width:77px;"><font style="FONT-WEIGHT: bold;FONT-FAMILY: Times New Roman;FONT-SIZE: 8pt;COLOR: #000000;TEXT-ALIGN: center;">Net Income Attributable to Apollo</font></td><td style="width: 8px; text-align:center;border-color:#000000;min-width:8px;"> </td><td style="width: 52px; border-bottom-style:solid;border-bottom-width:1px;text-align:center;border-color:#000000;min-width:52px;"><font style="FONT-WEIGHT: bold;FONT-FAMILY: Times New Roman;FONT-SIZE: 8pt;COLOR: #000000;TEXT-ALIGN: center;">Weighted Average Shares</font></td><td style="width: 8px; text-align:center;border-color:#000000;min-width:8px;"> </td><td colspan="2" style="width: 62px; border-top-style:solid;border-top-width:1px;border-bottom-style:solid;border-bottom-width:1px;text-align:center;border-color:#000000;min-width:62px;"><font style="FONT-WEIGHT: bold;FONT-FAMILY: Times New Roman;FONT-SIZE: 8pt;COLOR: #000000;TEXT-ALIGN: center;">Per Share Amount</font></td><td style="width: 13px; text-align:center;border-color:#000000;min-width:13px;"> </td><td colspan="2" style="width: 77px; border-top-style:solid;border-top-width:1px;border-bottom-style:solid;border-bottom-width:1px;text-align:center;border-color:#000000;min-width:77px;"><font style="FONT-WEIGHT: bold;FONT-FAMILY: Times New Roman;FONT-SIZE: 8pt;COLOR: #000000;TEXT-ALIGN: center;">Net Income Attributable to Apollo</font></td><td style="width: 8px; text-align:center;border-color:#000000;min-width:8px;"> </td><td style="width: 52px; border-bottom-style:solid;border-bottom-width:1px;text-align:center;border-color:#000000;min-width:52px;"><font style="FONT-WEIGHT: bold;FONT-FAMILY: Times New Roman;FONT-SIZE: 8pt;COLOR: #000000;TEXT-ALIGN: center;">Weighted Average Shares</font></td><td style="width: 8px; text-align:center;border-color:#000000;min-width:8px;"> </td><td colspan="2" style="width: 62px; border-top-style:solid;border-top-width:1px;border-bottom-style:solid;border-bottom-width:1px;text-align:center;border-color:#000000;min-width:62px;"><font style="FONT-WEIGHT: bold;FONT-FAMILY: Times New Roman;FONT-SIZE: 8pt;COLOR: #000000;TEXT-ALIGN: center;">Per Share Amount</font></td></tr><tr style="height: 17px"><td style="width: 287px; text-align:left;border-color:#000000;min-width:287px;"><font style="FONT-WEIGHT: bold;FONT-FAMILY: Times New Roman;FONT-SIZE: 8pt;COLOR: #000000;">Basic income per share attributable to Apollo</font><font style="font-size: 7pt;"><sup></sup></font></td><td style="width: 13px; text-align:right;border-color:#000000;min-width:13px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 8pt;COLOR: #000000;TEXT-ALIGN: right;">$</font></td><td style="width: 64px; text-align:right;border-color:#000000;min-width:64px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 8pt;COLOR: #000000;"> 332,748</font></td><td style="width: 8px; text-align:right;border-color:#000000;min-width:8px;"> </td><td style="width: 52px; text-align:right;border-color:#000000;min-width:52px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 8pt;COLOR: #000000;"> 154,473</font></td><td style="width: 8px; text-align:right;border-color:#000000;min-width:8px;"> </td><td style="width: 13px; text-align:right;border-color:#000000;min-width:13px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 8pt;COLOR: #000000;TEXT-ALIGN: right;">$</font></td><td style="width: 49px; text-align:right;border-color:#000000;min-width:49px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 8pt;COLOR: #000000;"> 2.15</font></td><td style="width: 13px; text-align:right;border-color:#000000;min-width:13px;"> </td><td style="width: 13px; text-align:right;border-color:#000000;min-width:13px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 8pt;COLOR: #000000;TEXT-ALIGN: right;">$</font></td><td style="width: 64px; text-align:right;border-color:#000000;min-width:64px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 8pt;COLOR: #000000;"> 305,706</font></td><td style="width: 8px; text-align:right;border-color:#000000;min-width:8px;"> </td><td style="width: 52px; text-align:right;border-color:#000000;min-width:52px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 8pt;COLOR: #000000;"> 159,643</font></td><td style="width: 8px; text-align:right;border-color:#000000;min-width:8px;"> </td><td style="width: 13px; text-align:right;border-color:#000000;min-width:13px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 8pt;COLOR: #000000;TEXT-ALIGN: right;">$</font></td><td style="width: 49px; text-align:right;border-color:#000000;min-width:49px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 8pt;COLOR: #000000;"> 1.91</font></td></tr><tr style="height: 17px"><td style="width: 287px; text-align:left;border-color:#000000;min-width:287px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 8pt;COLOR: #000000;">Effect of dilutive securities:</font><font style="font-size: 7pt;"><sup></sup></font></td><td style="width: 13px; text-align:right;border-color:#000000;min-width:13px;"> </td><td style="width: 64px; text-align:left;border-color:#000000;min-width:64px;"> </td><td style="width: 8px; text-align:right;border-color:#000000;min-width:8px;"> </td><td style="width: 52px; text-align:left;border-color:#000000;min-width:52px;"> </td><td style="width: 8px; text-align:right;border-color:#000000;min-width:8px;"> </td><td style="width: 13px; text-align:right;border-color:#000000;min-width:13px;"> </td><td style="width: 49px; text-align:left;border-color:#000000;min-width:49px;"> </td><td style="width: 13px; text-align:right;border-color:#000000;min-width:13px;"> </td><td style="width: 13px; text-align:right;border-color:#000000;min-width:13px;"> </td><td style="width: 64px; text-align:left;border-color:#000000;min-width:64px;"> </td><td style="width: 8px; text-align:right;border-color:#000000;min-width:8px;"> </td><td style="width: 52px; text-align:left;border-color:#000000;min-width:52px;"> </td><td style="width: 8px; text-align:right;border-color:#000000;min-width:8px;"> </td><td style="width: 13px; text-align:right;border-color:#000000;min-width:13px;"> </td><td style="width: 49px; text-align:left;border-color:#000000;min-width:49px;"> </td></tr><tr style="height: 17px"><td style="width: 287px; text-align:left;border-color:#000000;min-width:287px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 8pt;COLOR: #000000;TEXT-ALIGN: left;"> Stock options</font><font style="font-size: 7pt;"><sup>(1)</sup></font></td><td style="width: 13px; text-align:right;border-color:#000000;min-width:13px;"> </td><td style="width: 64px; text-align:right;border-color:#000000;min-width:64px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 8pt;COLOR: #000000;"> -</font></td><td style="width: 8px; text-align:right;border-color:#000000;min-width:8px;"> </td><td style="width: 52px; text-align:right;border-color:#000000;min-width:52px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 8pt;COLOR: #000000;"> 927</font></td><td style="width: 8px; text-align:right;border-color:#000000;min-width:8px;"> </td><td style="width: 13px; text-align:right;border-color:#000000;min-width:13px;"> </td><td style="width: 49px; text-align:right;border-color:#000000;min-width:49px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 8pt;COLOR: #000000;"> (0.01)</font></td><td style="width: 13px; text-align:right;border-color:#000000;min-width:13px;"> </td><td style="width: 13px; text-align:right;border-color:#000000;min-width:13px;"> </td><td style="width: 64px; text-align:right;border-color:#000000;min-width:64px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 8pt;COLOR: #000000;"> -</font></td><td style="width: 8px; text-align:right;border-color:#000000;min-width:8px;"> </td><td style="width: 52px; text-align:right;border-color:#000000;min-width:52px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 8pt;COLOR: #000000;"> 1,932</font></td><td style="width: 8px; text-align:right;border-color:#000000;min-width:8px;"> </td><td style="width: 13px; text-align:right;border-color:#000000;min-width:13px;"> </td><td style="width: 49px; text-align:right;border-color:#000000;min-width:49px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 8pt;COLOR: #000000;"> (0.02)</font></td></tr><tr style="height: 17px"><td style="width: 287px; text-align:left;border-color:#000000;min-width:287px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 8pt;COLOR: #000000;TEXT-ALIGN: left;"> Restricted stock units</font><font style="font-size: 7pt;"><sup>(2)</sup></font></td><td style="width: 13px; text-align:right;border-color:#000000;min-width:13px;"> </td><td style="width: 64px; text-align:right;border-color:#000000;min-width:64px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 8pt;COLOR: #000000;"> -</font></td><td style="width: 8px; text-align:right;border-color:#000000;min-width:8px;"> </td><td style="width: 52px; text-align:right;border-color:#000000;min-width:52px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 8pt;COLOR: #000000;"> 221</font></td><td style="width: 8px; text-align:right;border-color:#000000;min-width:8px;"> </td><td style="width: 13px; text-align:right;border-color:#000000;min-width:13px;"> </td><td style="width: 49px; text-align:right;border-color:#000000;min-width:49px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 8pt;COLOR: #000000;"> -</font></td><td style="width: 13px; text-align:right;border-color:#000000;min-width:13px;"> </td><td style="width: 13px; text-align:right;border-color:#000000;min-width:13px;"> </td><td style="width: 64px; text-align:right;border-color:#000000;min-width:64px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 8pt;COLOR: #000000;"> -</font></td><td style="width: 8px; text-align:right;border-color:#000000;min-width:8px;"> </td><td style="width: 52px; text-align:right;border-color:#000000;min-width:52px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 8pt;COLOR: #000000;"> 231</font></td><td style="width: 8px; text-align:right;border-color:#000000;min-width:8px;"> </td><td style="width: 13px; text-align:right;border-color:#000000;min-width:13px;"> </td><td style="width: 49px; text-align:right;border-color:#000000;min-width:49px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 8pt;COLOR: #000000;"> -</font></td></tr><tr style="height: 18px"><td style="width: 287px; text-align:left;border-color:#000000;min-width:287px;"><font style="FONT-WEIGHT: bold;FONT-FAMILY: Times New Roman;FONT-SIZE: 8pt;COLOR: #000000;">Diluted income per share attributable to Apollo</font><font style="font-size: 7pt;"><sup></sup></font></td><td style="width: 13px; border-top-style:solid;border-top-width:1px;border-bottom-style:double;border-bottom-width:3px;text-align:right;border-color:#000000;min-width:13px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 8pt;COLOR: #000000;TEXT-ALIGN: right;">$</font></td><td style="width: 64px; border-top-style:solid;border-top-width:1px;border-bottom-style:double;border-bottom-width:3px;text-align:right;border-color:#000000;min-width:64px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 8pt;COLOR: #000000;"> 332,748</font></td><td style="width: 8px; text-align:right;border-color:#000000;min-width:8px;"> </td><td style="width: 52px; border-top-style:solid;border-top-width:1px;border-bottom-style:double;border-bottom-width:3px;text-align:right;border-color:#000000;min-width:52px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 8pt;COLOR: #000000;"> 155,621</font></td><td style="width: 8px; text-align:right;border-color:#000000;min-width:8px;"> </td><td style="width: 13px; border-top-style:solid;border-top-width:1px;border-bottom-style:double;border-bottom-width:3px;text-align:right;border-color:#000000;min-width:13px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 8pt;COLOR: #000000;TEXT-ALIGN: right;">$</font></td><td style="width: 49px; border-top-style:solid;border-top-width:1px;border-bottom-style:double;border-bottom-width:3px;text-align:right;border-color:#000000;min-width:49px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 8pt;COLOR: #000000;"> 2.14</font></td><td style="width: 13px; text-align:right;border-color:#000000;min-width:13px;"> </td><td style="width: 13px; border-top-style:solid;border-top-width:1px;border-bottom-style:double;border-bottom-width:3px;text-align:right;border-color:#000000;min-width:13px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 8pt;COLOR: #000000;TEXT-ALIGN: right;">$</font></td><td style="width: 64px; border-top-style:solid;border-top-width:1px;border-bottom-style:double;border-bottom-width:3px;text-align:right;border-color:#000000;min-width:64px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 8pt;COLOR: #000000;"> 305,706</font></td><td style="width: 8px; text-align:right;border-color:#000000;min-width:8px;"> </td><td style="width: 52px; border-top-style:solid;border-top-width:1px;border-bottom-style:double;border-bottom-width:3px;text-align:right;border-color:#000000;min-width:52px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 8pt;COLOR: #000000;"> 161,806</font></td><td style="width: 8px; text-align:right;border-color:#000000;min-width:8px;"> </td><td style="width: 13px; border-top-style:solid;border-top-width:1px;border-bottom-style:double;border-bottom-width:3px;text-align:right;border-color:#000000;min-width:13px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 8pt;COLOR: #000000;TEXT-ALIGN: right;">$</font></td><td style="width: 49px; border-top-style:solid;border-top-width:1px;border-bottom-style:double;border-bottom-width:3px;text-align:right;border-color:#000000;min-width:49px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 8pt;COLOR: #000000;"> 1.89</font></td></tr></table></div><p style='margin-top: 0pt; margin-bottom: 0pt;'></p><p style='margin-top:12pt; margin-bottom:0pt'><font style="font-family:Times New Roman;font-size:9pt;margin-left:0px;">(1)</font><font style="font-family:Times New Roman;font-size:9pt;"> For the </font><font style="font-family:Times New Roman;font-size:9pt;">three months ended</font><font style="font-family:Times New Roman;font-size:9pt;"> </font><font style="font-family:Times New Roman;font-size:9pt;">February 28, 2010</font><font style="font-family:Times New Roman;font-size:9pt;"> and </font><font style="font-family:Times New Roman;font-size:9pt;">2009</font><font style="font-family:Times New Roman;font-size:9pt;">, </font><font style="font-family:Times New Roman;font-size:9pt;">approximately </font><font style="font-family:Times New Roman;font-size:9pt;">5,232</font><font style="font-family:Times New Roman;font-size:9pt;">,000</font><font style="font-family:Times New Roman;font-size:9pt;"> and</font><font style="font-family:Times New Roman;font-size:9pt;"> </font><font style="font-family:Times New Roman;font-size:9pt;">324,000</font><font style="font-family:Times New Roman;font-size:9pt;">, respectively</font><font style="font-family:Times New Roman;font-size:9pt;">,</font><font style="font-family:Times New Roman;font-size:9pt;"> </font><font style="font-family:Times New Roman;font-size:9pt;">and for the six months ended February 28, 2010 and 2009, approximately </font><font style="font-family:Times New Roman;font-size:9pt;">4,875</font><font style="font-family:Times New Roman;font-size:9pt;">,000</font><font style="font-family:Times New Roman;font-size:9pt;"> and 1,220,000, respectively, </font><font style="font-family:Times New Roman;font-size:9pt;">of our stock options outstanding were excluded from the calculation of diluted earnings per share because their inclusion would have been anti-dilutive. These options could be dilutive in the future.</font></p><p style='margin-top:0pt; margin-bottom:0pt'><font style="font-family:Times New Roman;font-size:9pt;margin-left:0px;">(2)</font><font style="font-family:Times New Roman;font-size:9pt;"> For the </font><font style="font-family:Times New Roman;font-size:9pt;">three months ended</font><font style="font-family:Times New Roman;font-size:9pt;"> February 28, 2010</font><font style="font-family:Times New Roman;font-size:9pt;"> and </font><font style="font-family:Times New Roman;font-size:9pt;">2009</font><font style="font-family:Times New Roman;font-size:9pt;">, approximately </font><font style="font-family:Times New Roman;font-size:9pt;">4</font><font style="font-family:Times New Roman;font-size:9pt;">,000</font><font style="font-family:Times New Roman;font-size:9pt;"> and </font><font style="font-family:Times New Roman;font-size:9pt;">3</font><font style="font-family:Times New Roman;font-size:9pt;">,000</font><font style="font-family:Times New Roman;font-size:9pt;">, respectively</font><font style="font-family:Times New Roman;font-size:9pt;">, and for </font><font style="font-family:Times New Roman;font-size:9pt;">both </font><font style="font-family:Times New Roman;font-size:9pt;">the six months ended February 28, 2010 and 2009, approximately </font><font style="font-family:Times New Roman;font-size:9pt;">3</font><font style="font-family:Times New Roman;font-size:9pt;">,000</font><font style="font-family:Times New Roman;font-size:9pt;"> of our restricted stock units were excluded from the calculation of diluted earnings per share because their inclusion would have been anti-dilutive. These restricted stock units could be dilutive in the future.</font></p>
<div><table style="border-collapse:collapse;margin-top:20px;"><tr style="height: 17px"><td colspan="12" style="width: 724px; text-align:left;border-color:#000000;min-width:724px;"><font style="FONT-WEIGHT: bold;FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;">Note 14. Share-Based Compensation</font></td></tr><tr style="height: 17px"><td style="width: 285px; text-align:left;border-color:#000000;min-width:285px;"> </td><td style="width: 13px; text-align:left;border-color:#000000;min-width:13px;"> </td><td style="width: 87px; text-align:left;border-color:#000000;min-width:87px;"> </td><td style="width: 13px; text-align:left;border-color:#000000;min-width:13px;"> </td><td style="width: 13px; text-align:left;border-color:#000000;min-width:13px;"> </td><td style="width: 87px; text-align:left;border-color:#000000;min-width:87px;"> </td><td style="width: 13px; text-align:left;border-color:#000000;min-width:13px;"> </td><td style="width: 13px; text-align:left;border-color:#000000;min-width:13px;"> </td><td style="width: 87px; text-align:left;border-color:#000000;min-width:87px;"> </td><td style="width: 13px; text-align:left;border-color:#000000;min-width:13px;"> </td><td style="width: 13px; text-align:left;border-color:#000000;min-width:13px;"> </td><td style="width: 87px; text-align:left;border-color:#000000;min-width:87px;"> </td></tr><tr style="height: 17px"><td colspan="12" style="width: 724px; text-align:left;border-color:#000000;min-width:724px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;">The table below details share-based compensation expense for the three and six months ended February 28, 2010 and 2009:</font></td></tr><tr style="height: 17px"><td style="width: 285px; text-align:left;border-color:#000000;min-width:285px;"> </td><td style="width: 13px; text-align:left;border-color:#000000;min-width:13px;"> </td><td style="width: 87px; text-align:left;border-color:#000000;min-width:87px;"> </td><td style="width: 13px; text-align:left;border-color:#000000;min-width:13px;"> </td><td style="width: 13px; text-align:left;border-color:#000000;min-width:13px;"> </td><td style="width: 87px; text-align:left;border-color:#000000;min-width:87px;"> </td><td style="width: 13px; text-align:left;border-color:#000000;min-width:13px;"> </td><td style="width: 13px; text-align:left;border-color:#000000;min-width:13px;"> </td><td style="width: 87px; text-align:left;border-color:#000000;min-width:87px;"> </td><td style="width: 13px; text-align:left;border-color:#000000;min-width:13px;"> </td><td style="width: 13px; text-align:left;border-color:#000000;min-width:13px;"> </td><td style="width: 87px; text-align:left;border-color:#000000;min-width:87px;"> </td></tr><tr style="height: 17px"><td style="width: 285px; text-align:left;border-color:#000000;min-width:285px;"> </td><td colspan="5" style="width: 213px; border-bottom-style:solid;border-bottom-width:1px;text-align:center;border-color:#000000;min-width:213px;"><font style="FONT-WEIGHT: bold;FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: center;">Three Months Ended February 28,</font></td><td style="width: 13px; text-align:left;border-color:#000000;min-width:13px;"> </td><td colspan="5" style="width: 213px; border-bottom-style:solid;border-bottom-width:1px;text-align:center;border-color:#000000;min-width:213px;"><font style="FONT-WEIGHT: bold;FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: center;">Six Months Ended February 28,</font></td></tr><tr style="height: 17px"><td style="width: 285px; text-align:left;border-color:#000000;min-width:285px;"><font style="FONT-STYLE: italic;FONT-FAMILY: Times New Roman;FONT-SIZE: 8pt;COLOR: #000000;">($ in thousands)</font></td><td colspan="2" style="width: 100px; border-top-style:solid;border-top-width:1px;border-bottom-style:solid;border-bottom-width:1px;text-align:center;border-color:#000000;min-width:100px;"><font style="FONT-WEIGHT: bold;FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: center;">2010</font></td><td style="width: 13px; text-align:left;border-color:#000000;min-width:13px;"> </td><td colspan="2" style="width: 100px; border-top-style:solid;border-top-width:1px;border-bottom-style:solid;border-bottom-width:1px;text-align:center;border-color:#000000;min-width:100px;"><font style="FONT-WEIGHT: bold;FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: center;">2009</font></td><td style="width: 13px; text-align:left;border-color:#000000;min-width:13px;"> </td><td colspan="2" style="width: 100px; border-top-style:solid;border-top-width:1px;border-bottom-style:solid;border-bottom-width:1px;text-align:center;border-color:#000000;min-width:100px;"><font style="FONT-WEIGHT: bold;FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: center;">2010</font></td><td style="width: 13px; text-align:left;border-color:#000000;min-width:13px;"> </td><td colspan="2" style="width: 100px; border-top-style:solid;border-top-width:1px;border-bottom-style:solid;border-bottom-width:1px;text-align:center;border-color:#000000;min-width:100px;"><font style="FONT-WEIGHT: bold;FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: center;">2009</font></td></tr><tr style="height: 17px"><td style="width: 285px; text-align:left;border-color:#000000;min-width:285px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;">Instructional costs and services</font></td><td style="width: 13px; text-align:right;border-color:#000000;min-width:13px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: right;">$</font></td><td style="width: 87px; text-align:right;border-color:#000000;min-width:87px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;"> 5,494</font></td><td style="width: 13px; text-align:left;border-color:#000000;min-width:13px;"> </td><td style="width: 13px; text-align:right;border-color:#000000;min-width:13px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: right;">$</font></td><td style="width: 87px; text-align:right;border-color:#000000;min-width:87px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;"> 4,652</font></td><td style="width: 13px; text-align:left;border-color:#000000;min-width:13px;"> </td><td style="width: 13px; text-align:right;border-color:#000000;min-width:13px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: right;">$</font></td><td style="width: 87px; text-align:right;border-color:#000000;min-width:87px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;"> 9,633</font></td><td style="width: 13px; text-align:left;border-color:#000000;min-width:13px;"> </td><td style="width: 13px; text-align:right;border-color:#000000;min-width:13px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: right;">$</font></td><td style="width: 87px; text-align:right;border-color:#000000;min-width:87px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;"> 8,680</font></td></tr><tr style="height: 17px"><td style="width: 285px; text-align:left;border-color:#000000;min-width:285px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;">Selling and promotional</font></td><td style="width: 13px; text-align:right;border-color:#000000;min-width:13px;"> </td><td style="width: 87px; text-align:right;border-color:#000000;min-width:87px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;"> 2,053</font></td><td style="width: 13px; text-align:left;border-color:#000000;min-width:13px;"> </td><td style="width: 13px; text-align:right;border-color:#000000;min-width:13px;"> </td><td style="width: 87px; text-align:right;border-color:#000000;min-width:87px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;"> 1,571</font></td><td style="width: 13px; text-align:left;border-color:#000000;min-width:13px;"> </td><td style="width: 13px; text-align:right;border-color:#000000;min-width:13px;"> </td><td style="width: 87px; text-align:right;border-color:#000000;min-width:87px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;"> 4,320</font></td><td style="width: 13px; text-align:left;border-color:#000000;min-width:13px;"> </td><td style="width: 13px; text-align:right;border-color:#000000;min-width:13px;"> </td><td style="width: 87px; text-align:right;border-color:#000000;min-width:87px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;"> 3,023</font></td></tr><tr style="height: 17px"><td style="width: 285px; text-align:left;border-color:#000000;min-width:285px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;">General and administrative</font></td><td style="width: 13px; border-bottom-style:solid;border-bottom-width:1px;text-align:right;border-color:#000000;min-width:13px;"> </td><td style="width: 87px; text-align:right;border-color:#000000;min-width:87px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;"> 7,414</font></td><td style="width: 13px; text-align:left;border-color:#000000;min-width:13px;"> </td><td style="width: 13px; border-bottom-style:solid;border-bottom-width:1px;text-align:right;border-color:#000000;min-width:13px;"> </td><td style="width: 87px; border-bottom-style:solid;border-bottom-width:1px;text-align:right;border-color:#000000;min-width:87px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;"> 10,016</font></td><td style="width: 13px; text-align:left;border-color:#000000;min-width:13px;"> </td><td style="width: 13px; border-bottom-style:solid;border-bottom-width:1px;text-align:right;border-color:#000000;min-width:13px;"> </td><td style="width: 87px; text-align:right;border-color:#000000;min-width:87px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;"> 15,162</font></td><td style="width: 13px; text-align:left;border-color:#000000;min-width:13px;"> </td><td style="width: 13px; border-bottom-style:solid;border-bottom-width:1px;text-align:right;border-color:#000000;min-width:13px;"> </td><td style="width: 87px; text-align:right;border-color:#000000;min-width:87px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;"> 19,655</font></td></tr><tr style="height: 18px"><td style="width: 285px; text-align:left;border-color:#000000;min-width:285px;"><font style="FONT-WEIGHT: bold;FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;"> Share-based compensation expense</font></td><td style="width: 13px; border-top-style:solid;border-top-width:1px;border-bottom-style:double;border-bottom-width:3px;text-align:right;border-color:#000000;min-width:13px;"><font style="FONT-WEIGHT: bold;FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: right;">$</font></td><td style="width: 87px; border-top-style:solid;border-top-width:1px;border-bottom-style:double;border-bottom-width:3px;text-align:right;border-color:#000000;min-width:87px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;"> 14,961</font></td><td style="width: 13px; text-align:left;border-color:#000000;min-width:13px;"> </td><td style="width: 13px; border-top-style:solid;border-top-width:1px;border-bottom-style:double;border-bottom-width:3px;text-align:right;border-color:#000000;min-width:13px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: right;">$</font></td><td style="width: 87px; border-top-style:solid;border-top-width:1px;border-bottom-style:double;border-bottom-width:3px;text-align:right;border-color:#000000;min-width:87px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;"> 16,239</font></td><td style="width: 13px; text-align:left;border-color:#000000;min-width:13px;"> </td><td style="width: 13px; border-top-style:solid;border-top-width:1px;border-bottom-style:double;border-bottom-width:3px;text-align:right;border-color:#000000;min-width:13px;"><font style="FONT-WEIGHT: bold;FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: right;">$</font></td><td style="width: 87px; border-top-style:solid;border-top-width:1px;border-bottom-style:double;border-bottom-width:3px;text-align:right;border-color:#000000;min-width:87px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;"> 29,115</font></td><td style="width: 13px; text-align:left;border-color:#000000;min-width:13px;"> </td><td style="width: 13px; border-top-style:solid;border-top-width:1px;border-bottom-style:double;border-bottom-width:3px;text-align:right;border-color:#000000;min-width:13px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: right;">$</font></td><td style="width: 87px; border-top-style:solid;border-top-width:1px;border-bottom-style:double;border-bottom-width:3px;text-align:right;border-color:#000000;min-width:87px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;"> 31,358</font></td></tr></table></div><p style='margin-top: 0pt; margin-bottom: 0pt;'></p><p style='margin-top:12pt; margin-bottom:0pt'><font style="font-family:Times New Roman;font-size:10pt;margin-left:0px;">In accordance with our Apollo Group, Inc. Amended and Restated 2000 Stock Incentive Plan, during the </font><font style="font-family:Times New Roman;font-size:10pt;">three and six months ended</font><font style="font-family:Times New Roman;font-size:10pt;"> </font><font style="font-family:Times New Roman;font-size:10pt;">February 28, 2010</font><font style="font-family:Times New Roman;font-size:10pt;">, we granted approximately </font><font style="font-family:Times New Roman;font-size:10pt;">9</font><font style="font-family:Times New Roman;font-size:10pt;">,000</font><font style="font-family:Times New Roman;font-size:10pt;"> and </font><font style="font-family:Times New Roman;font-size:10pt;">44,000</font><font style="font-family:Times New Roman;font-size:10pt;"> stock options, respectively,</font><font style="font-family:Times New Roman;font-size:10pt;"> that had weighted average grant date fair value of </font><font style="font-family:Times New Roman;font-size:10pt;">$23.88 and </font><font style="font-family:Times New Roman;font-size:10pt;">$23.19</font><font style="font-family:Times New Roman;font-size:10pt;"> per option</font><font style="font-family:Times New Roman;font-size:10pt;">, respectively</font><font style="font-family:Times New Roman;font-size:10pt;">. The weighted average exercise price of these options was </font><font style="font-family:Times New Roman;font-size:10pt;">$59.88 and </font><font style="font-family:Times New Roman;font-size:10pt;">$58.65</font><font style="font-family:Times New Roman;font-size:10pt;">, respectively</font><font style="font-family:Times New Roman;font-size:10pt;">. As of </font><font style="font-family:Times New Roman;font-size:10pt;">February 28, 2010</font><font style="font-family:Times New Roman;font-size:10pt;">, there was approximately </font><font style="font-family:Times New Roman;font-size:10pt;">$61.6</font><font style="font-family:Times New Roman;font-size:10pt;"> million</font><font style="font-family:Times New Roman;font-size:10pt;"> of total unrecognized share-based compensation expense, net of forfeitures, related to unvested stock options.</font></p><p style='margin-top:0pt; margin-bottom:0pt'><font style="font-family:Times New Roman;font-size:10pt;margin-left:0px;"> </font></p><p style='margin-top:0pt; margin-bottom:0pt'><font style="font-family:Times New Roman;font-size:10pt;margin-left:0px;">In accordance with our Apollo Group, Inc. Amended and Restated 2000 Stock Incentive Plan, during the </font><font style="font-family:Times New Roman;font-size:10pt;">three and six months ended</font><font style="font-family:Times New Roman;font-size:10pt;"> </font><font style="font-family:Times New Roman;font-size:10pt;">February 28, 2010</font><font style="font-family:Times New Roman;font-size:10pt;">, we granted approximately </font><font style="font-family:Times New Roman;font-size:10pt;">9</font><font style="font-family:Times New Roman;font-size:10pt;">5</font><font style="font-family:Times New Roman;font-size:10pt;">,000</font><font style="font-family:Times New Roman;font-size:10pt;"> and </font><font style="font-family:Times New Roman;font-size:10pt;">114</font><font style="font-family:Times New Roman;font-size:10pt;">,000</font><font style="font-family:Times New Roman;font-size:10pt;"> restricted stock units</font><font style="font-family:Times New Roman;font-size:10pt;">, respectively,</font><font style="font-family:Times New Roman;font-size:10pt;"> that had weighted average grant date fair value of </font><font style="font-family:Times New Roman;font-size:10pt;">$60.49 and </font><font style="font-family:Times New Roman;font-size:10pt;">$60.35</font><font style="font-family:Times New Roman;font-size:10pt;"> per unit</font><font style="font-family:Times New Roman;font-size:10pt;">, respectively</font><font style="font-family:Times New Roman;font-size:10pt;">. As of </font><font style="font-family:Times New Roman;font-size:10pt;">February 28, 2010</font><font style="font-family:Times New Roman;font-size:10pt;">, there was approximately </font><font style="font-family:Times New Roman;font-size:10pt;">$39.8</font><font style="font-family:Times New Roman;font-size:10pt;"> million of total unrecognized share-based compensation expense, net of forfeitures, related to unvested restricted stock units.</font></p>
<p style='margin-top:0pt; margin-bottom:0pt'><font style="font-family:Times New Roman;font-size:10pt;font-weight:bold;margin-left:0px;">Note 15. Commitments and Contingencies </font></p><p style='margin-top:0pt; margin-bottom:0pt'> </p><p style='margin-top:0pt; margin-bottom:0pt'><font style="font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;margin-left:0px;">Contingencies Related to Litigation and Other Proceedings</font></p><p style='margin-top:0pt; margin-bottom:0pt'> </p><p style='margin-top:0pt; margin-bottom:0pt'><font style="font-family:Times New Roman;font-size:10pt;margin-left:0px;">The following is a description of pending litigation, settlements, and other proceedings that fall outside the scope of ordinary and routine litigation incidental to our business.</font></p><p style='margin-top:0pt; margin-bottom:0pt'> </p><p style='margin-top:0pt; margin-bottom:0pt'><font style="font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;margin-left:0px;">Pending</font><font style="font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;"> </font><font style="font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;">Litigation and Settlements</font></p><p style='margin-top:0pt; margin-bottom:0pt'> </p><p style='margin-top:0pt; margin-bottom:0pt'><font style="font-family:Times New Roman;font-size:10pt;font-style:italic;margin-left:0px;">Incentive Compensation False Claims Act Lawsuit</font></p><p style='margin-top:0pt; margin-bottom:0pt'> </p><p style='margin-top:0pt; margin-bottom:0pt'><font style="font-family:Times New Roman;font-size:10pt;margin-left:0px;">On August 29, 2003, we were notified that a qui tam action had been filed against us on March 7, 2003, in the U.S. District Court for the Eastern District of California by two then-current employees on behalf of themselves and the federal government. When the federal government declines to intervene in a qui tam action, as it has done in this case, the relators may elect to pursue the litigation on behalf of the federal government and, if they are successful, are entitled to receive a portion of the federal government's recovery. The qui tam action alleges, among other things, violations of the False Claims Act, 31 U.S.C. § 3729(a)(1) and (2), by University of Phoenix through submission of a knowingly false or fraudulent claim for payment or approval, and submission of knowingly false records or statements to get a false or fraudulent claim paid or approved in connection with federal student aid programs. The qui tam action also asserts that </font><font style="font-family:Times New Roman;font-size:10pt;">University</font><font style="font-family:Times New Roman;font-size:10pt;"> of </font><font style="font-family:Times New Roman;font-size:10pt;">Phoenix</font><font style="font-family:Times New Roman;font-size:10pt;"> improperly compensates its employees. Specifically, the relators allege that our entry into Program Participation Agreements with the U.S. Department of Education under Title IV of the Higher Education Act, as reauthorized, constitutes a false claim because we did not intend to comply with the applicable employee compensation requirements and, therefore, </font><font style="font-family:Times New Roman;font-size:10pt;">we should be required to pay to the</font><font style="font-family:Times New Roman;font-size:10pt;"> U.S.</font><font style="font-family:Times New Roman;font-size:10pt;"> Department </font><font style="font-family:Times New Roman;font-size:10pt;">of Education </font><font style="font-family:Times New Roman;font-size:10pt;">treble the amount of costs incurred by the </font><font style="font-family:Times New Roman;font-size:10pt;">U.S. </font><font style="font-family:Times New Roman;font-size:10pt;">Department</font><font style="font-family:Times New Roman;font-size:10pt;"> of Education</font><font style="font-family:Times New Roman;font-size:10pt;"> in student loan defaults, student loan subsidies and student financial aid grants from January 1997 to the present, plus statutory penalties and forfeiture amounts. We believe that at all relevant times our compensation programs and practices were in compliance with the applicable legal requirements</font><font style="font-family:Times New Roman;font-size:10pt;">. </font><font style="font-family:Times New Roman;font-size:10pt;">Under the District Court's current Scheduling Order, trial </font><font style="font-family:Times New Roman;font-size:10pt;">was</font><font style="font-family:Times New Roman;font-size:10pt;"> set for March 2010. </font></p><p style='margin-top:0pt; margin-bottom:0pt'> </p><p style='margin-top:0pt; margin-bottom:0pt'><font style="font-family:Times New Roman;font-size:10pt;margin-left:0px;">In September 2009, the parties to the action, along with the U.S. Department of Justice, participated in a private mediation in which the parties reached an agreement in principle regarding the financial terms of a potential settlement. During the fourth quarter of fiscal year 2009, based on the settlement discussions to resolve this matter, we recorded a pre-tax charge of $80.5 million which represented our best estimate of the loss related to this matter. </font></p><p style='margin-top:0pt; margin-bottom:0pt'> </p><p style='margin-top:0pt; margin-bottom:0pt'><font style="font-family:Times New Roman;font-size:10pt;margin-left:0px;">The settlement was finalized by all parties on December 1</font><font style="font-family:Times New Roman;font-size:10pt;">4</font><font style="font-family:Times New Roman;font-size:10pt;">, 2009. The agreement makes clear that we do not acknowledge, admit or concede any liability, wrongdoing, noncompliance or violation as a result of the settlement. Under the terms of the agreement, we paid $67.5 million to the </font><font style="font-family:Times New Roman;font-size:10pt;">United States</font><font style="font-family:Times New Roman;font-size:10pt;"> in December 2009. Under a separate agreement, w</font><font style="font-family:Times New Roman;font-size:10pt;">e paid $11.0 million in attorneys</font><font style="font-family:Times New Roman;font-size:10pt;">'</font><font style="font-family:Times New Roman;font-size:10pt;"> fees to the plaintiffs, as required by the False Claims Act, in December 2009. </font><font style="font-family:Times New Roman;font-size:10pt;">The remaining portion of the $80.5 million pre-tax charge recorded in fiscal year 2009 represented our estimate of future legal costs as of August 31, 2009. </font><font style="font-family:Times New Roman;font-size:10pt;">On December 17, 2009, the Court entered the order dismissing the lawsuit with prejudice.</font></p><p style='margin-top:0pt; margin-bottom:0pt'> </p><p style='margin-top:0pt; margin-bottom:0pt'><font style="font-family:Times New Roman;font-size:10pt;font-style:italic;margin-left:0px;">Securities Class Action </font></p><p style='margin-top:0pt; margin-bottom:0pt'> </p><p style='margin-top:0pt; margin-bottom:0pt'><font style="font-family:Times New Roman;font-size:10pt;margin-left:0px;">In October 2004, three class action complaints were filed in the U.S. District Court for the District of Arizona. The District Court consolidated the three pending class action complaints under the caption </font><font style="font-family:Times New Roman;font-size:10pt;font-style:italic;">In re Apollo Group, Inc. Securities Litigation</font><font style="font-family:Times New Roman;font-size:10pt;">, Case No. CV04-2147-PHX-JAT and a consolidated class action complaint was filed on May 16, 2005 by the lead plaintiff. </font><font style="font-family:Times New Roman;font-size:10pt;">The consolidated complaint named us, Todd S. Nelson, Kenda B. Gonzales and Daniel E. Bachus as defendants. On March 1, 2007, by stipulation and order of the Court, Daniel E. Bachus was dismisse</font><font style="font-family:Times New Roman;font-size:10pt;">d as a defendant from the case. </font><font style="font-family:Times New Roman;font-size:10pt;">Lead plaintiff represents a class of our shareholders who acquired their shares between February 27, 2004 and September 14, 2004. The complaint alleges violations of Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated under the Act by us for defendants' allegedly material false and misleading statements in connection with our failure to publicly disclose the contents of a preliminary U.S. </font><font style="font-family:Times New Roman;font-size:10pt;">Department of Education</font><font style="font-family:Times New Roman;font-size:10pt;"> program review report. The case proceeded to trial on November 14, 2007. On January 16, 2008, the jury returned a verdict in favor of the plaintiffs awarding damages of up to $5.55 for each share of common stock in the class suit, plus pre-judgment and post-judgment interest. The class shares are those purchased after February 27, 2004 and still owned on September 14, 2004. The judgment was entered on January 30, 2008, subject to an automatic stay until February 13, 2008. On February 13, 2008, the District Court granted our motion to stay execution of the judgment pending resolution of our motions for post-trial relief, which were also filed on February 13, 2008, provided that we post a bond in the amount of $95.0 million. </font><font style="font-family:Times New Roman;font-size:10pt;">On February 19, 2008, we posted the $95.0 million bond with the </font><font style="font-family:Times New Roman;font-size:10pt;">District </font><font style="font-family:Times New Roman;font-size:10pt;">Court. Oral arguments on our post-trial motions occurred on August 4, 2008, during which the </font><font style="font-family:Times New Roman;font-size:10pt;">District </font><font style="font-family:Times New Roman;font-size:10pt;">Court vacated the earlier judgment based on the jury verdict and entered judgment in favor of Apollo and the other defendants. The $95.0 million bond posted in February was subsequently released on August 11, 2008. Plaintiffs' lawyers filed a Notice of Appeal with the Ninth Circuit Court of Appeals on August 29, 2008. </font><font style="font-family:Times New Roman;font-size:10pt;">A hearing before a panel of the Ninth Circuit Court of Appeals took place on March 3, 2010. A ruling has not yet been issued by the Court.</font></p><p style='margin-top:0pt; margin-bottom:0pt'> </p><p style='margin-top:0pt; margin-bottom:0pt'><font style="font-family:Times New Roman;font-size:10pt;margin-left:0px;">As a result of the jury verdict awarded in favor of the plaintiffs, we recorded a charge for estimated damages of $168.4 million and additional interest charges of $1.6 million in the second and third quarters of fiscal year 2008, respe</font><font style="font-family:Times New Roman;font-size:10pt;">ctively.</font><font style="font-family:Times New Roman;font-size:10pt;"> In the fourth quarter of fiscal year 2008, we subsequently reversed the original estimate</font><font style="font-family:Times New Roman;font-size:10pt;">d</font><font style="font-family:Times New Roman;font-size:10pt;"> charge and related pre- and post-judgment interest totaling $170.0 million because the District Court vacated the earlier judgment and entered judgment in favor of Apollo.</font><font style="font-family:Times New Roman;font-size:10pt;"> </font><font style="font-family:Times New Roman;font-size:10pt;">In connection with this matter, we currently estimate our range of loss to be between zero and $225.0 million which was based on similar assumptions used to estimate the original charge, including if the plaintiffs were to prevail in a </font><font style="font-family:Times New Roman;font-size:10pt;">judgment on appeal. In the second quarter of fiscal year 2010, based on settlement discussions to resolve this matter, we recorded a pre-tax charge of $44.5 million in accrued liabilities. The actual amount of this loss will not be known until a final settlement, if any, is reached or the litigation is concluded. </font></p><p style='margin-top:0pt; margin-bottom:0pt'> </p><p style='margin-top:0pt; margin-bottom:0pt'><font style="font-family:Times New Roman;font-size:10pt;margin-left:0px;">The outcome of this legal proceeding is uncertain because of the many questions of fact and law that may arise. </font><font style="font-family:Times New Roman;font-size:10pt;">A </font><font style="font-family:Times New Roman;font-size:10pt;">settlement or </font><font style="font-family:Times New Roman;font-size:10pt;">other</font><font style="font-family:Times New Roman;font-size:10pt;"> disposition of this litigation could be </font><font style="font-family:Times New Roman;font-size:10pt;">for an amount greater than our reserve</font><font style="font-family:Times New Roman;font-size:10pt;"> and could have a material and adverse affect on our business, financial condition, results of operations and cash flows.</font></p><p style='margin-top:0pt; margin-bottom:0pt'> </p><p style='margin-top:0pt; margin-bottom:0pt'><font style="font-family:Times New Roman;font-size:10pt;font-style:italic;margin-left:0px;">Barnett Derivative Action </font></p><p style='margin-top:0pt; margin-bottom:0pt'> </p><p style='margin-top:0pt; margin-bottom:0pt'><font style="font-family:Times New Roman;font-size:10pt;margin-left:0px;">On April 24, 2006, Larry Barnett, one of our shareholders, filed a shareholder derivative complaint on behalf of Apollo. </font><font style="font-family:Times New Roman;font-size:10pt;">The allegations in the complaint pertain to the matters that were the subject of the investigation performed by the </font><font style="font-family:Times New Roman;font-size:10pt;">U.S. </font><font style="font-family:Times New Roman;font-size:10pt;">Department of Education that led to the issuance of the </font><font style="font-family:Times New Roman;font-size:10pt;">U.S. </font><font style="font-family:Times New Roman;font-size:10pt;">Department of Education's February 5, 2004 Program Review Report. </font><font style="font-family:Times New Roman;font-size:10pt;">The complaint was filed in the Superior Court for the State of </font><font style="font-family:Times New Roman;font-size:10pt;">Arizona</font><font style="font-family:Times New Roman;font-size:10pt;">, </font><font style="font-family:Times New Roman;font-size:10pt;">Maricopa</font><font style="font-family:Times New Roman;font-size:10pt;"> </font><font style="font-family:Times New Roman;font-size:10pt;">County</font><font style="font-family:Times New Roman;font-size:10pt;"> and is entitled </font><font style="font-family:Times New Roman;font-size:10pt;font-style:italic;">Barnett v. John Blair et al</font><font style="font-family:Times New Roman;font-size:10pt;">, Case Number CV2006-051558. In the complaint, plaintiff asserts a derivative claim, on our behalf, for breaches of fiduciary duty against the following nine of our current or former officers and directors: John M. Blair, Dino J. DeConcini, Hedy F. Govenar, Kenda B. Gonzales, Todd S. Nelson, Laura Palmer Noone, John R. Norton III, John G. Sperling and Peter V. Sperling. </font><font style="font-family:Times New Roman;font-size:10pt;">Plaintiff contends that we are entitled to recover from these individuals the amount of the settlement that we paid to the </font><font style="font-family:Times New Roman;font-size:10pt;">U.S. </font><font style="font-family:Times New Roman;font-size:10pt;">Department of Education and our losses (both litigation expenses and any damages awarded) stemming from the federal securities class actions </font><font style="font-family:Times New Roman;font-size:10pt;">pending against us in Federal District Court as described above under "Securities Class Action." On August 21, 2006, we filed a Motion to Stay the case pending the resolution of the federal Securities Class Action. </font></p><p style='margin-top:0pt; margin-bottom:0pt'> </p><p style='margin-top:0pt; margin-bottom:0pt'><font style="font-family:Times New Roman;font-size:10pt;margin-left:0px;">On October 10, 2006, plaintiff subsequently amended his complaint to include new allegations pertaining to our alleged backdating of stock option grants to Todd S. Nelson, Kenda B. Gonzales, Laura Palmer Noone, John G. Sperling and three additional defendants: J. </font><font style="font-family:Times New Roman;font-size:10pt;">Jorge Klor de Alva</font><font style="font-family:Times New Roman;font-size:10pt;">, Jerry F. Noble and Anthony F. Digiovanni. </font><font style="font-family:Times New Roman;font-size:10pt;">This First Amended Complaint adds allegations that the individual defendants breached their fiduciary duties to us and that certain of them were unjustly enriched by their receipt of backdated stock option grants. The plaintiff seeks, among other things, an award of unspecified damages and reasonable costs and expenses, including attorneys' fees. </font></p><p style='margin-top:0pt; margin-bottom:0pt'> </p><p style='margin-top:0pt; margin-bottom:0pt'><font style="font-family:Times New Roman;font-size:10pt;margin-left:0px;">On November 10, 2006, we filed an Amended Motion to Stay the action pending resolution of the federal Securities Class Action and the Special Committee's investigation into the allegations of stock option backdating. On January 29, 2007, the Court granted the Amended Motion to Stay pending the resolution of the trial in the federal Securities Class Action. </font></p><p style='margin-top:0pt; margin-bottom:0pt'> </p><p style='margin-top:0pt; margin-bottom:0pt'><font style="font-family:Times New Roman;font-size:10pt;margin-left:0px;">On March 7, 2008, following the entry of judgment in the federal Securities Class Action, we filed a motion to stay discovery regarding the U.S. </font><font style="font-family:Times New Roman;font-size:10pt;">Department of Education</font><font style="font-family:Times New Roman;font-size:10pt;"> claims pending the disposition of post-trial motions in the federal Securities Class Action and informed the Superior Court of an imminent settlement regarding the stock option claims. On March 10, 2008, the Superior Court stayed the stock option claims. On September 17, 2008, the Superior Court dismissed the stock option backdating claims. The settlement does not apply to the U.S. </font><font style="font-family:Times New Roman;font-size:10pt;">Department of Education</font><font style="font-family:Times New Roman;font-size:10pt;"> claims. </font></p><p style='margin-top:0pt; margin-bottom:0pt'> </p><p style='margin-top:0pt; margin-bottom:0pt'><font style="font-family:Times New Roman;font-size:10pt;margin-left:0px;">With respect to the U.S. </font><font style="font-family:Times New Roman;font-size:10pt;">Department of Education</font><font style="font-family:Times New Roman;font-size:10pt;"> claims, on April 10, 2008, the plaintiff filed his Second Amended Complaint. In addition to the damages previously sought, plaintiff added a request that we recover from defendants the expenses associated with the ongoing </font><font style="font-family:Times New Roman;font-size:10pt;font-style:italic;">qui tam</font><font style="font-family:Times New Roman;font-size:10pt;"> action pending in the U.S. District Court for the Eastern District of California. On May 9, 2008, we moved for a continued stay of Counts 1-2 and dismissal of Counts 3-5 added in the Second Amended Complaint. On July 30, 2008, the Superior Court dismissed Counts 3-5, and stayed Counts 1-2, until the next pre-trial conference. At the continued pre</font><font style="font-family:Times New Roman;font-size:10pt;">-</font><font style="font-family:Times New Roman;font-size:10pt;">trial conference on October 27, 2008, the Superior Court lifted the discovery stay and set certain long-range deadlines for completion of discovery, dispositive motions, and disclosure of experts, the earliest of which is May 31, 2010. A trial, if any, is not likely to occur until some time in 2011. </font></p><p style='margin-top:0pt; margin-bottom:0pt'> </p><p style='margin-top:0pt; margin-bottom:0pt'><font style="font-family:Times New Roman;font-size:10pt;margin-left:0px;">On April 3, 2009, we filed a motion seeking the appointment of an independent panel consisting of Dr. Roy A. Herberger, Jr. and Stephen J. Giusto. The Court </font><font style="font-family:Times New Roman;font-size:10pt;">granted our motion on July 31, 2009.</font></p><p style='margin-top:0pt; margin-bottom:0pt'> </p><p style='margin-top:0pt; margin-bottom:0pt'><font style="font-family:Times New Roman;font-size:10pt;margin-left:0px;">On March 22, 2010, the parties filed a stipulation of settlement with the Court wherein they </font><font style="font-family:Times New Roman;font-size:10pt;">agreed to resolve this action. </font><font style="font-family:Times New Roman;font-size:10pt;">The proposed stipulation of settlement requires the Company to implement a series of corporate governance reforms and pay </font><font style="font-family:Times New Roman;font-size:10pt;">an immaterial amount</font><font style="font-family:Times New Roman;font-size:10pt;"> </font><font style="font-family:Times New Roman;font-size:10pt;">to the p</font><font style="font-family:Times New Roman;font-size:10pt;">laintiff's counse</font><font style="font-family:Times New Roman;font-size:10pt;">l for their fees and expenses. </font><font style="font-family:Times New Roman;font-size:10pt;">Based on information available to us at present, our management does not expect a material adverse effect on our business to result from this action</font><font style="font-family:Times New Roman;font-size:10pt;">.</font></p><p style='margin-top:0pt; margin-bottom:0pt'> </p><p style='margin-top:0pt; margin-bottom:0pt'><font style="font-family:Times New Roman;font-size:10pt;font-style:italic;margin-left:0px;">Teamsters Local Union Putative Class Action</font></p><p style='margin-top:0pt; margin-bottom:0pt'> </p><p style='margin-top:0pt; margin-bottom:0pt'><font style="font-family:Times New Roman;font-size:10pt;margin-left:0px;">On November 2, 2006, the Teamsters Local 617 Pension and Welfare Funds filed a class action complaint purporting to represent a class of shareholders who purchased our stock between November 28, 2001 and October 18, 2006. The complaint, filed in the U.S. District Court for the District of Arizona, is entitled </font><font style="font-family:Times New Roman;font-size:10pt;font-style:italic;">Teamsters Local 617 Pension & Welfare Funds v. Apollo Group, Inc. et al.</font><font style="font-family:Times New Roman;font-size:10pt;">, Case Number 06-cv-02674-RCB, and alleges that we and certain of our current and former directors and officers violated Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by purportedly making misrepresentations concerning our stock option granting policies and practices and related accounting. The defendants are Apollo Group, Inc., J. </font><font style="font-family:Times New Roman;font-size:10pt;">Jorge Klor de Alva</font><font style="font-family:Times New Roman;font-size:10pt;">, Daniel E. Bachus, John M. Blair, Dino J. DeConcini, Kenda B. Gonzales, Hedy F. Govenar, Brian E. Mueller, Todd S. Nelson, Laura Palmer Noone, John R. Norton III, John G. Sperling and Peter V. Sperling. Plaintiff seeks unstated compensatory damages and other relief. On January 3, 2007, other shareholders, through their separate attorneys, filed motions seeking appointment as lead plaintiff and approval of their designated counsel as lead counsel to pursue this action. On September 11, 2007, the Court appointed The Pension Trust Fund for Operating Engineers as lead plaintiff and approved lead plaintiff's selection of lead counsel and liaison counsel. Lead plaintiff filed an amended complaint on November 23, 2007, asserting the same legal claims as the original complaint and adding claims for violations of Section 20A of the Securities Exchange Act of 1934 and allegations of breach of fiduciary duties and civil conspiracy. </font></p><p style='margin-top:0pt; margin-bottom:0pt'> </p><p style='margin-top:0pt; margin-bottom:0pt'><font style="font-family:Times New Roman;font-size:10pt;margin-left:0px;">On January 22, 2008, all defendants filed motions to dismiss. On March 31, 2009, the Court dismissed the case with prejudice as to Daniel Bachus, Hedy Govenar, Brian E. Mueller, Dino J. DeConcini, and Laura </font><font style="font-family:Times New Roman;font-size:10pt;">Palmer </font><font style="font-family:Times New Roman;font-size:10pt;">Noone. The Court also dismissed the case as to John Sperling and Peter Sperling, but granted plaintiffs leave to file an amended complaint against them. Finally, the Court dismissed all of plaintiffs' claims concerning misconduct before November 2001 and all of the state law claims for conspiracy and breach of fidu</font><font style="font-family:Times New Roman;font-size:10pt;">ciary duty. On April 30, 2009, p</font><font style="font-family:Times New Roman;font-size:10pt;">laintiffs filed their Second Amended Complaint, which alleges similar claims for alleged securities fraud against the same defendants. On June 15, 2009, all defendants filed another motion to dismis</font><font style="font-family:Times New Roman;font-size:10pt;">s the Second Amended Complaint. On February 22, 2010, the Court partially granted the plaintiffs' motion for reconsideration, but withheld a final determination on the individual defendants pending the Court's ruling on the motion to dismiss the Second Amended Complaint.</font></p><p style='margin-top:0pt; margin-bottom:0pt'> </p><p style='margin-top:0pt; margin-bottom:0pt'><font style="font-family:Times New Roman;font-size:10pt;margin-left:0px;">Discovery in this case has not yet begun. Because of the many questions of fact and law that may arise, the outcome of this legal proceeding is uncertain at this point. Based on information available to us at present, we cannot reasonably estimate a range of loss for this action and accordingly have not accrued any liability associated with this action.</font></p><p style='margin-top:0pt; margin-bottom:0pt'> </p><p style='margin-top:0pt; margin-bottom:0pt'><font style="font-family:Times New Roman;font-size:10pt;font-style:italic;margin-left:0px;">Patent</font><font style="font-family:Times New Roman;font-size:10pt;"> </font><font style="font-family:Times New Roman;font-size:10pt;font-style:italic;">Infringement Litigation</font></p><p style='margin-top:0pt; margin-bottom:0pt'> </p><p style='margin-top:0pt; margin-bottom:0pt'><font style="font-family:Times New Roman;font-size:10pt;margin-left:0px;">On March 3, 2008, Digital-Vending Services International Inc. filed a complaint against </font><font style="font-family:Times New Roman;font-size:10pt;">University</font><font style="font-family:Times New Roman;font-size:10pt;"> of </font><font style="font-family:Times New Roman;font-size:10pt;">Phoenix</font><font style="font-family:Times New Roman;font-size:10pt;"> and Apollo Group Inc., as well as Capella Education Company, Laureate Education Inc., and Walden University Inc. in the U.S. District Court for the Eastern District of Texas. The complaint alleges that we and the other defendants have infringed and are infringing various patents relating to managing courseware in a shared use operating environment. We filed an answer to the complaint on May 27, 2008, in which we denied that Digital-Vending Services International's patents were duly and lawfully issued, and asserted defenses of non-infringement and patent invalidity, among others. We also asserted a counterclaim seeking a declaratory judgment that the patents are invalid, unenforceable, and not infringed by us. Together with the other defendants, we filed a motion to transfer venue from the Eastern District of Texas to </font><font style="font-family:Times New Roman;font-size:10pt;">Washington</font><font style="font-family:Times New Roman;font-size:10pt;">, </font><font style="font-family:Times New Roman;font-size:10pt;">D.C.</font><font style="font-family:Times New Roman;font-size:10pt;"> on February 27, 2009. On September 30, 2009, the Court granted plaintiffs' motion to transfer the case to the Eastern District of Virginia and denied the defendants' motion to transfer the case to the </font><font style="font-family:Times New Roman;font-size:10pt;">District of Columbia</font><font style="font-family:Times New Roman;font-size:10pt;">. </font><font style="font-family:Times New Roman;font-size:10pt;">Discovery in the </font><font style="font-family:Times New Roman;font-size:10pt;">case is </font><font style="font-family:Times New Roman;font-size:10pt;">ongoing</font><font style="font-family:Times New Roman;font-size:10pt;">.</font><font style="font-family:Times New Roman;font-size:10pt;"> </font><font style="font-family:Times New Roman;font-size:10pt;">A scheduling order has been issued with a trial date set for November 1, 2010. </font></p><p style='margin-top:0pt; margin-bottom:0pt'> </p><p style='margin-top:0pt; margin-bottom:0pt'><font style="font-family:Times New Roman;font-size:10pt;margin-left:0px;">On March 18, 2010, we filed our opening claim construction brief and a motion for summary judgment based on the indefiniteness of the </font><font style="font-family:Times New Roman;font-size:10pt;">Digital-Vending Services International</font><font style="font-family:Times New Roman;font-size:10pt;"> patent claims</font><font style="font-family:Times New Roman;font-size:10pt;">. </font><font style="font-family:Times New Roman;font-size:10pt;">Because of the many questions of fact and law that may arise, the outcome of this legal proceeding is uncertain at this point. Based on information available to us at present, we cannot reasonably estimate a range of loss for this action and accordingly have not accrued any liability associated with this action.</font></p><p style='margin-top:0pt; margin-bottom:0pt'> </p><p style='margin-top:0pt; margin-bottom:0pt'><font style="font-family:Times New Roman;font-size:10pt;font-style:italic;margin-left:0px;">Student Loan Class Action</font></p><p style='margin-top:0pt; margin-bottom:0pt'> </p><p style='margin-top:0pt; margin-bottom:0pt'><font style="font-family:Times New Roman;font-size:10pt;margin-left:0px;">On December 9, 2008, three former </font><font style="font-family:Times New Roman;font-size:10pt;">University</font><font style="font-family:Times New Roman;font-size:10pt;"> of </font><font style="font-family:Times New Roman;font-size:10pt;">Phoenix</font><font style="font-family:Times New Roman;font-size:10pt;"> students filed a complaint against Apollo Group, Inc. and </font><font style="font-family:Times New Roman;font-size:10pt;">University</font><font style="font-family:Times New Roman;font-size:10pt;"> of </font><font style="font-family:Times New Roman;font-size:10pt;">Phoenix</font><font style="font-family:Times New Roman;font-size:10pt;"> in the U.S. District Court for the Eastern District of Arkansas. The complaint alleges that with regard to students who dropped from their courses shortly after enrolling, </font><font style="font-family:Times New Roman;font-size:10pt;">University</font><font style="font-family:Times New Roman;font-size:10pt;"> of </font><font style="font-family:Times New Roman;font-size:10pt;">Phoenix</font><font style="font-family:Times New Roman;font-size:10pt;"> improperly returned the entire amount of the students' undisbursed federal loan funds to the lender. The students purport to be bringing the complaint on behalf of themselves and a proposed class of similarly-situated student loan borrowers. On January 21, 2009, the plaintiffs voluntarily filed a dismissal "without prejudice to re-filing." The plaintiffs then filed a similar complaint in the U.S. District Court for the Central District of California (Western Division - </font><font style="font-family:Times New Roman;font-size:10pt;">Los Angeles</font><font style="font-family:Times New Roman;font-size:10pt;">) on February 5, 2009. We filed an answer denying all of the asserted claims on March 30, 2009. Under the District Court's current Scheduling Order, trial is set for October 2010. The matter is currently in discovery. The plaintiffs filed their motion for class certification and an amended complaint on July 14, 2009. On Ma</font><font style="font-family:Times New Roman;font-size:10pt;">rch 22, 2010, the Court denied p</font><font style="font-family:Times New Roman;font-size:10pt;">laintiffs' M</font><font style="font-family:Times New Roman;font-size:10pt;">otion for Class Certification. </font><font style="font-family:Times New Roman;font-size:10pt;">The Court's action encompasses a denial to certify the class action for all purported nationwide classes and </font><font style="font-family:Times New Roman;font-size:10pt;">California</font><font style="font-family:Times New Roman;font-size:10pt;"> sub-classes. </font><font style="font-family:Times New Roman;font-size:10pt;">As a result, the case will now proceed on an individual plaintiff basis and, absent a reversal of this denial of class certification, we do not expect any material adverse impact from the lawsuit</font><font style="font-family:Times New Roman;font-size:10pt;">.</font></p><p style='margin-top:0pt; margin-bottom:0pt'> </p><p style='margin-top:0pt; margin-bottom:0pt'><font style="font-family:Times New Roman;font-size:10pt;font-style:italic;margin-left:0px;">Brodale Employment and False Claims Lawsuit</font></p><p style='margin-top:0pt; margin-bottom:0pt'> </p><p style='margin-top:0pt; margin-bottom:0pt'><font style="font-family:Times New Roman;font-size:10pt;margin-left:0px;">On August 1, 2008, former employee, Stephen Lee Brodale, filed a lawsuit in </font><font style="font-family:Times New Roman;font-size:10pt;">Federal District Court</font><font style="font-family:Times New Roman;font-size:10pt;"> in </font><font style="font-family:Times New Roman;font-size:10pt;">San Diego</font><font style="font-family:Times New Roman;font-size:10pt;"> against Apollo, </font><font style="font-family:Times New Roman;font-size:10pt;">University</font><font style="font-family:Times New Roman;font-size:10pt;"> of </font><font style="font-family:Times New Roman;font-size:10pt;">Phoenix</font><font style="font-family:Times New Roman;font-size:10pt;">, and several individual employees. The complaint alleges various employment claims and also includes claims under the Federal and </font><font style="font-family:Times New Roman;font-size:10pt;">California</font><font style="font-family:Times New Roman;font-size:10pt;"> false claims acts. The </font><font style="font-family:Times New Roman;font-size:10pt;">U.S. </font><font style="font-family:Times New Roman;font-size:10pt;">Department of Justice declined to participate in the lawsuit and it was served on the Company on August 10, 2009. On September 16, 2009, the Court dismissed the employment claims without prejudice, upon joint motion by the parties, so that they could proceed to binding arbitration. On September 14, 2009, we filed a motion to dismiss the remaining false claims act allegations. The Court granted our motion and dismissed the remaining claims on November 6, 2009</font><font style="font-family:Times New Roman;font-size:10pt;">.</font><font style="font-family:Times New Roman;font-size:10pt;"> </font><font style="font-family:Times New Roman;font-size:10pt;">On January 5, 20</font><font style="font-family:Times New Roman;font-size:10pt;">10, p</font><font style="font-family:Times New Roman;font-size:10pt;">laintiff filed a Notice of Appeal with the Ninth Circuit. Plaintiff subsequently agreed to voluntarily dismiss the appeal and the Court ordered the appeal dismissed on February 10, 2010.</font></p><p style='margin-top:0pt; margin-bottom:0pt'> </p><p style='margin-top:0pt; margin-bottom:0pt'><font style="font-family:Times New Roman;font-size:10pt;font-style:italic;margin-left:0px;">Wage and Hour Class Actions</font></p><p style='margin-top:0pt; margin-bottom:0pt'> </p><p style='margin-top:0pt; margin-bottom:0pt'><font style="font-family:Times New Roman;font-size:10pt;margin-left:0px;">During fiscal year 2009</font><font style="font-family:Times New Roman;font-size:10pt;"> and 2010</font><font style="font-family:Times New Roman;font-size:10pt;">, </font><font style="font-family:Times New Roman;font-size:10pt;">five</font><font style="font-family:Times New Roman;font-size:10pt;"> lawsuits, each styled as a class action, were commenced by various former </font><font style="font-family:Times New Roman;font-size:10pt;">and current </font><font style="font-family:Times New Roman;font-size:10pt;">employees against Apollo and/or </font><font style="font-family:Times New Roman;font-size:10pt;">University</font><font style="font-family:Times New Roman;font-size:10pt;"> of </font><font style="font-family:Times New Roman;font-size:10pt;">Phoenix</font><font style="font-family:Times New Roman;font-size:10pt;"> alleging wage and hour claims for failure to pay minimum wages and overtime and certain other violations. These lawsuits are as follows:</font></p><p style='margin-top:0pt; margin-bottom:0pt'> </p><p style='margin-top:0pt; margin-bottom:0pt'></p><ul><li style="margin-left:36px;list-style:disc;"><font style="font-family:Times New Roman;font-size:10pt;font-style:italic;">Juric</font><font style="font-family:Times New Roman;font-size:10pt;">. Action filed April 3, 2009, by former employee Dejan Juric in California State Court in </font><font style="font-family:Times New Roman;font-size:10pt;">Los Angeles</font><font style="font-family:Times New Roman;font-size:10pt;">. We filed an answer denying all of the asserted claims on May 4, 2009 and then removed the case to the </font><font style="font-family:Times New Roman;font-size:10pt;">Federal District Court</font><font style="font-family:Times New Roman;font-size:10pt;"> in </font><font style="font-family:Times New Roman;font-size:10pt;">Los Angeles</font><font style="font-family:Times New Roman;font-size:10pt;">. The matter is currently in discovery. </font><font style="font-family:Times New Roman;font-size:10pt;">On December 30, 2009, </font><font style="font-family:Times New Roman;font-size:10pt;">p</font><font style="font-family:Times New Roman;font-size:10pt;">laintiff filed an amended complaint dismissing the </font><font style="font-family:Times New Roman;font-size:10pt;">California</font><font style="font-family:Times New Roman;font-size:10pt;"> class allegations and inserting nation-wide </font><font style="font-family:Times New Roman;font-size:10pt;">class allegations under the Fair Labor Standards Act. </font><font style="font-family:Times New Roman;font-size:10pt;">On February 16, 2010, </font><font style="font-family:Times New Roman;font-size:10pt;">we</font><font style="font-family:Times New Roman;font-size:10pt;"> filed a motion to dismiss, or in the alternative to stay or transfer, the case based on </font><font style="font-family:Times New Roman;font-size:10pt;">the previously filed </font><font style="font-family:Times New Roman;font-size:10pt;">Sabol action.</font></li></ul><p style='margin-top:0pt; margin-bottom:0pt'> </p><p style='margin-top:0pt; margin-bottom:0pt'></p><ul><li style="margin-left:36px;list-style:disc;"><font style="font-family:Times New Roman;font-size:10pt;font-style:italic;">Sabol.</font><font style="font-family:Times New Roman;font-size:10pt;"> Action filed July 31, 2009, by several former employees in </font><font style="font-family:Times New Roman;font-size:10pt;">Federal District Court</font><font style="font-family:Times New Roman;font-size:10pt;"> in </font><font style="font-family:Times New Roman;font-size:10pt;">Philadelphia</font><font style="font-family:Times New Roman;font-size:10pt;">. We filed an answer denying the asserted claim on September 29, 2009.</font><font style="font-family:Times New Roman;font-size:12pt;"> </font><font style="font-family:Times New Roman;font-size:10pt;">During the course of the action, all but one of the </font><font style="font-family:Times New Roman;font-size:10pt;">former employees </font><font style="font-family:Times New Roman;font-size:10pt;">voluntarily opted out of the lawsuit</font><font style="font-family:Times New Roman;font-size:10pt;">.</font><font style="font-family:Times New Roman;font-size:10pt;"> </font><font style="font-family:Times New Roman;font-size:10pt;">On January 24, 2010, we filed a motion for partial summary judgment with respect to plaintiff</font><font style="font-family:Times New Roman;font-size:10pt;">'s</font><font style="font-family:Times New Roman;font-size:10pt;"> claim that the "Academic Counselor" position is incorr</font><font style="font-family:Times New Roman;font-size:10pt;">ectly classified as exempt. </font><font style="font-family:Times New Roman;font-size:10pt;">On February 9, 2010, p</font><font style="font-family:Times New Roman;font-size:10pt;">laintiff</font><font style="font-family:Times New Roman;font-size:10pt;"> filed a Rule 56(f) motion seeking leave to conduct additional discovery before response to our motion for partial summary judgment.</font><font style="font-family:Times New Roman;font-size:10pt;"> </font><font style="font-family:Times New Roman;font-size:10pt;">On March 3, 2010, the Court granted plaintiff leave to conduct additional discovery on issues related to the motion for partial summary</font><font style="font-family:Times New Roman;font-size:10pt;"> judgment until April 5, 2010. </font><font style="font-family:Times New Roman;font-size:10pt;">The Court also ordered plaintiff to file his response to the motion for summary judgment on or before April 20, 2010.</font><font style="font-family:Times New Roman;font-size:10pt;"> On February 15, 2010, p</font><font style="font-family:Times New Roman;font-size:10pt;">laintiff</font><font style="font-family:Times New Roman;font-size:10pt;"> filed a Motion for Class Certification </font><font style="font-family:Times New Roman;font-size:10pt;">and we filed our opposition on March </font><font style="font-family:Times New Roman;font-size:10pt;">5, 2010</font><font style="font-family:Times New Roman;font-size:10pt;">.</font></li></ul><p style='margin-top:0pt; margin-bottom:0pt'> </p><p style='margin-top:0pt; margin-bottom:0pt'></p><ul><li style="margin-left:36px;list-style:disc;"><font style="font-family:Times New Roman;font-size:10pt;font-style:italic;">Tranchita</font><font style="font-family:Times New Roman;font-size:10pt;font-style:italic;">.</font><font style="font-family:Times New Roman;font-size:10pt;"> Action filed August 10, 2009, by several former employees in </font><font style="font-family:Times New Roman;font-size:10pt;">Federal District Court</font><font style="font-family:Times New Roman;font-size:10pt;"> in </font><font style="font-family:Times New Roman;font-size:10pt;">Chicago</font><font style="font-family:Times New Roman;font-size:10pt;">. On September 2, 2009, we filed a motion to dismiss, or in the alternative to stay or transfer, the case based on the previously filed Sabol action. </font><font style="font-family:Times New Roman;font-size:10pt;">The </font><font style="font-family:Times New Roman;font-size:10pt;">p</font><font style="font-family:Times New Roman;font-size:10pt;">laintiffs </font><font style="font-family:Times New Roman;font-size:10pt;">subsequently </font><font style="font-family:Times New Roman;font-size:10pt;">agreed to dismiss their class allegat</font><font style="font-family:Times New Roman;font-size:10pt;">ion</font><font style="font-family:Times New Roman;font-size:10pt;">s and settle the case for an im</font><font style="font-family:Times New Roman;font-size:10pt;">material amount. </font><font style="font-family:Times New Roman;font-size:10pt;">On February 16, 2010, the parties filed a Notice of Settlement with the Court and are currently finalizing the settlement agreement</font><font style="font-family:Times New Roman;font-size:10pt;">s before filing a request for dismissal with the Court.</font></li></ul><p style='margin-top:0pt; margin-bottom:0pt'> </p><p style='margin-top:0pt; margin-bottom:0pt'></p><ul><li style="margin-left:36px;list-style:disc;"><font style="font-family:Times New Roman;font-size:10pt;font-style:italic;">Davis</font><font style="font-family:Times New Roman;font-size:10pt;font-style:italic;">. </font><font style="font-family:Times New Roman;font-size:10pt;">Action filed September 28, 2009, by former employee Adonijah Davis in </font><font style="font-family:Times New Roman;font-size:10pt;">Federal District Court</font><font style="font-family:Times New Roman;font-size:10pt;"> in </font><font style="font-family:Times New Roman;font-size:10pt;">Tampa</font><font style="font-family:Times New Roman;font-size:10pt;">, </font><font style="font-family:Times New Roman;font-size:10pt;">Florida</font><font style="font-family:Times New Roman;font-size:10pt;">. On November 2, 2009, we filed a motion to dismiss, or in the alternative to stay or transfer, the case based on the previously filed Sabol action. </font><font style="font-family:Times New Roman;font-size:10pt;">On November 17, 2009, p</font><font style="font-family:Times New Roman;font-size:10pt;">laintiff filed an amended complaint removing the class action allegations and electing to proceed on a single plaintiff basis. As a result, the Court denied our motion to dismiss as moot on November 18, 2009.</font><font style="font-family:Times New Roman;font-size:10pt;"> </font><font style="font-family:Times New Roman;font-size:10pt;">On January 28, 2010, the parties agreed to settle the case</font><font style="font-family:Times New Roman;font-size:10pt;"> for an im</font><font style="font-family:Times New Roman;font-size:10pt;">material amount</font><font style="font-family:Times New Roman;font-size:10pt;">. </font><font style="font-family:Times New Roman;font-size:10pt;">The</font><font style="font-family:Times New Roman;font-size:10pt;"> parties are currently finalizing</font><font style="font-family:Times New Roman;font-size:10pt;"> the settlement agreement before filing a request for dismissal with the Court</font><font style="font-family:Times New Roman;font-size:10pt;">.</font></li></ul><p style='margin-top:0pt; margin-bottom:0pt'> </p><p style='margin-top:0pt; margin-bottom:0pt'></p><ul><li style="margin-left:36px;list-style:disc;"><font style="font-family:Times New Roman;font-size:10pt;font-style:italic;">Adoma.</font><font style="font-family:Times New Roman;font-size:10pt;"> Action filed January 8, 2010 by Diane Adoma in United States District Court, Eastern District of California. </font><font style="font-family:Times New Roman;font-size:10pt;">On March 5, 2010, we filed a motion to dismiss, or in the alternative to stay or transfer, the case based on the previously filed Sabol and Juric actions.</font></li></ul><p style='margin-top:0pt; margin-bottom:0pt'> </p><p style='margin-top:0pt; margin-bottom:0pt'><font style="font-family:Times New Roman;font-size:10pt;margin-left:0px;">Because of the many questions of fact and law that may arise, the outcome of these legal proceedings is uncertain at this point. Based on information available to us at present, we cannot reasonably estimate a range of loss for these actions and, accordingly, we have not accrued any liability associated with these actions.</font></p><p style='margin-top:0pt; margin-bottom:0pt'> </p><p style='margin-top:0pt; margin-bottom:0pt'><font style="font-family:Times New Roman;font-size:10pt;font-style:italic;margin-left:0px;">Other</font></p><p style='margin-top:0pt; margin-bottom:0pt'> </p><p style='margin-top:0pt; margin-bottom:0pt'><font style="font-family:Times New Roman;font-size:10pt;margin-left:0px;">We are subject to various claims and contingencies in the ordinary course of business, including those related to regulation, litigation, business transactions, employee-related matters and taxes, among others. We do not believe any of these are material for separate disclosure.</font></p><p style='margin-top:0pt; margin-bottom:0pt'> </p><p style='margin-top:0pt; margin-bottom:0pt'><font style="font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;margin-left:0px;">Regulatory and Other Legal Matters</font></p><p style='margin-top:0pt; margin-bottom:0pt'> </p><p style='margin-top:0pt; margin-bottom:0pt'><font style="font-family:Times New Roman;font-size:10pt;font-style:italic;margin-left:0px;">Student Financial Aid</font></p><p style='margin-top:0pt; margin-bottom:0pt'> </p><p style='margin-top:0pt; margin-bottom:0pt'><font style="font-family:Times New Roman;font-size:10pt;margin-left:0px;">All </font><font style="font-family:Times New Roman;font-size:10pt;">U.S.</font><font style="font-family:Times New Roman;font-size:10pt;"> federal financial aid programs are established by Title IV of the Higher Education Act and regulations promulgated thereunder. In August 2008, the Higher Education Act was reauthorized through September 30, 2013 by the Hig</font><font style="font-family:Times New Roman;font-size:10pt;">her Education Opportunity Act.</font></p><p style='margin-top:0pt; margin-bottom:0pt'> </p><p style='margin-top:0pt; margin-bottom:0pt'><font style="font-family:Times New Roman;font-size:10pt;margin-left:0px;">The Higher Education Opportunity Act specifies the manner in which the U.S. Department of Education reviews institutions for eligibility and certification to participate in Title IV programs. Every educational institution involved in Title IV programs must be certified to participate and is required to periodically renew this certification. </font></p><p style='margin-top:0pt; margin-bottom:0pt'> </p><p style='margin-top:0pt; margin-bottom:0pt'><font style="font-family:Times New Roman;font-size:10pt;margin-left:0px;">University</font><font style="font-family:Times New Roman;font-size:10pt;"> of </font><font style="font-family:Times New Roman;font-size:10pt;">Phoenix</font><font style="font-family:Times New Roman;font-size:10pt;"> w</font><font style="font-family:Times New Roman;font-size:10pt;">as recertified in November 2009 and </font><font style="font-family:Times New Roman;font-size:10pt;">entered into</font><font style="font-family:Times New Roman;font-size:10pt;"> a</font><font style="font-family:Times New Roman;font-size:10pt;"> new </font><font style="font-family:Times New Roman;font-size:10pt;">Title IV </font><font style="font-family:Times New Roman;font-size:10pt;">Program Participation Agreement</font><font style="font-family:Times New Roman;font-size:10pt;"> which</font><font style="font-family:Times New Roman;font-size:10pt;"> expires </font><font style="font-family:Times New Roman;font-size:10pt;">on </font><font style="font-family:Times New Roman;font-size:10pt;">December 31, 2012.</font></p><p style='margin-top:0pt; margin-bottom:0pt'> </p><p style='margin-top:0pt; margin-bottom:0pt'><font style="font-family:Times New Roman;font-size:10pt;margin-left:0px;">Western</font><font style="font-family:Times New Roman;font-size:10pt;"> </font><font style="font-family:Times New Roman;font-size:10pt;">International</font><font style="font-family:Times New Roman;font-size:10pt;"> </font><font style="font-family:Times New Roman;font-size:10pt;">University</font><font style="font-family:Times New Roman;font-size:10pt;"> was recertified in October 2003 and its current certification for participation in Title IV programs expired on June 30, 2009. In March 2009, </font><font style="font-family:Times New Roman;font-size:10pt;">Western</font><font style="font-family:Times New Roman;font-size:10pt;"> </font><font style="font-family:Times New Roman;font-size:10pt;">International</font><font style="font-family:Times New Roman;font-size:10pt;"> </font><font style="font-family:Times New Roman;font-size:10pt;">University</font><font style="font-family:Times New Roman;font-size:10pt;"> submitted its Title IV recertification application to the U.S. Department of Education and </font><font style="font-family:Times New Roman;font-size:10pt;">its</font><font style="font-family:Times New Roman;font-size:10pt;"> eligibility continues on a month-to-month basis until the U.S. Department of Education completes it</font><font style="font-family:Times New Roman;font-size:10pt;">s</font><font style="font-family:Times New Roman;font-size:10pt;"> review of the application and issues its decision. We have no reason to believe that the application will not be renewed in due course</font><font style="font-family:Times New Roman;font-size:10pt;">.</font></p><p style='margin-top:0pt; margin-bottom:0pt'> </p><p style='margin-top:0pt; margin-bottom:0pt'><font style="font-family:Times New Roman;font-size:10pt;font-style:italic;margin-left:0px;">U.S.</font><font style="font-family:Times New Roman;font-size:10pt;font-style:italic;"> Department of Education </font><font style="font-family:Times New Roman;font-size:10pt;font-style:italic;">Program Review</font></p><p style='margin-top:0pt; margin-bottom:0pt'> </p><p style='margin-top:0pt; margin-bottom:0pt'><font style="font-family:Times New Roman;font-size:10pt;margin-left:0px;">The U.S. Department of Education periodically reviews institutions participating in Title IV programs for compliance with applicable standards and regulations. In February 2009, the U.S. Department of Education performed a program review of </font><font style="font-family:Times New Roman;font-size:10pt;">University</font><font style="font-family:Times New Roman;font-size:10pt;"> of </font><font style="font-family:Times New Roman;font-size:10pt;">Phoenix</font><font style="font-family:Times New Roman;font-size:10pt;">'s policies and procedures involving Title IV programs. On December 31, 2009, </font><font style="font-family:Times New Roman;font-size:10pt;">University</font><font style="font-family:Times New Roman;font-size:10pt;"> of </font><font style="font-family:Times New Roman;font-size:10pt;">Phoenix</font><font style="font-family:Times New Roman;font-size:10pt;"> received the U.S. Department of </font><font style="font-family:Times New Roman;font-size:10pt;">Education's Program Review Report, which is a preliminary report of the U.S. Department of Education's findings. </font><font style="font-family:Times New Roman;font-size:10pt;">We are in the process of finalizing our response to these findings and plan to submit them shortly</font><font style="font-family:Times New Roman;font-size:10pt;">.</font><font style="font-family:Times New Roman;font-size:10pt;"> The U.S. Department of Education will review our response and will issue a Final Program Review Determination letter that will confirm any required corrective action or amounts owed to the U.S. Department of Education</font><font style="font-family:Times New Roman;font-size:10pt;">.</font><font style="font-family:Times New Roman;font-size:10pt;"> </font></p><p style='margin-top:0pt; margin-bottom:0pt'> </p><p style='margin-top:0pt; margin-bottom:0pt'><font style="font-family:Times New Roman;font-size:10pt;margin-left:0px;">The report contains six findings and one concern. Three of the findings generally relate to our procedures for determining the date on which a student withdraws from </font><font style="font-family:Times New Roman;font-size:10pt;">University</font><font style="font-family:Times New Roman;font-size:10pt;"> of </font><font style="font-family:Times New Roman;font-size:10pt;">Phoenix</font><font style="font-family:Times New Roman;font-size:10pt;">, one of which cites exceptions to the U.S. Department of Education's rules regarding the timing of returning unearned Title IV funds. No errors were identified in our calculation of the amounts of Title IV funds to be returned. Another finding relates to isolated clerical errors in verifying student-supplied information. The two remaining findings were self reported by </font><font style="font-family:Times New Roman;font-size:10pt;">University</font><font style="font-family:Times New Roman;font-size:10pt;"> of </font><font style="font-family:Times New Roman;font-size:10pt;">Phoenix</font><font style="font-family:Times New Roman;font-size:10pt;"> in its 2008 Annual Compliance Audit. These involve our calculation of student financial need in certain cases without taking into account tuition and fee waivers and discounts, principally for employees of Apollo Group and its affiliates eligible for tuition assistance, and the use of Title IV funds for non-program purposes such as transcript, application and late fees.</font></p><p style='margin-top:0pt; margin-bottom:0pt'> </p><p style='margin-top:0pt; margin-bottom:0pt'><font style="font-family:Times New Roman;font-size:10pt;margin-left:0px;">In addition, the U.S. Department of Education expressed a concern that some students enroll and begin attending classes before completely understanding the implications of enrollment, including their eligibility for student financial aid. The U.S. Department of Education stated its belief that prospective students would be better served if they were more extensively counseled prior to incurring any tuition liability about total program charges, the number of credits that are transferable, the total number of credits required to complete their chosen program and the financial aid available for each academic year of the program.</font></p><p style='margin-top:0pt; margin-bottom:0pt'><font style="font-family:Times New Roman;font-size:10pt;margin-left:0px;"> </font></p><p style='margin-top:0pt; margin-bottom:0pt'><font style="font-family:Times New Roman;font-size:10pt;margin-left:0px;">We believe that our liability resulting from these findings will be approximately $1.5 million, which has been accrued in our </font><font style="font-family:Times New Roman;font-size:10pt;">February</font><font style="font-family:Times New Roman;font-size:10pt;"> </font><font style="font-family:Times New Roman;font-size:10pt;">28, 2010</font><font style="font-family:Times New Roman;font-size:10pt;"> financial statements. In addition, the U.S. Department of Education's regulations require certain institutions to post a letter of credit where a program review report cites untimely return of unearned Title IV funds for more than 10% of the sampled students. </font><font style="font-family:Times New Roman;font-size:10pt;">Absent relief from this requirement </font><font style="font-family:Times New Roman;font-size:10pt;">or other instruction</font><font style="font-family:Times New Roman;font-size:10pt;"> by </font><font style="font-family:Times New Roman;font-size:10pt;">the U.S. Department of Education, </font><font style="font-family:Times New Roman;font-size:10pt;">University</font><font style="font-family:Times New Roman;font-size:10pt;"> of </font><font style="font-family:Times New Roman;font-size:10pt;">Phoenix</font><font style="font-family:Times New Roman;font-size:10pt;"> will be required to post a letter of credit</font><font style="font-family:Times New Roman;font-size:10pt;"> within 30 days of the issuance of the Final Program Review Determination letter </font><font style="font-family:Times New Roman;font-size:10pt;">in the amount of approximately $125 million</font><font style="font-family:Times New Roman;font-size:10pt;">, to be maintained until at least September 30, 2011</font><font style="font-family:Times New Roman;font-size:10pt;">.</font><font style="font-family:Times New Roman;font-size:10pt;"> </font></p><p style='margin-top:0pt; margin-bottom:0pt'> </p><p style='margin-top:0pt; margin-bottom:0pt'><font style="font-family:Times New Roman;font-size:10pt;font-style:italic;margin-left:0px;">Securities and Exchange Commission Informal Inquiry</font></p><p style='margin-top:0pt; margin-bottom:0pt'> </p><p style='margin-top:0pt; margin-bottom:0pt'><font style="font-family:Times New Roman;font-size:10pt;margin-left:0px;">During October 2009, we received notification from the Enforcement Division of the Securities and Exchange Commission indicating that they had commenced an informal inquiry into our </font><font style="font-family:Times New Roman;font-size:10pt;">revenue recognition practices. </font><font style="font-family:Times New Roman;font-size:10pt;">Based on the information and documents that the </font><font style="font-family:Times New Roman;font-size:10pt;">Securities and Exchange Commission</font><font style="font-family:Times New Roman;font-size:10pt;"> has requested from us and</font><font style="font-family:Times New Roman;font-size:10pt;">/or</font><font style="font-family:Times New Roman;font-size:10pt;"> our auditors, which relate to our revenue recognition practices and other matters, including our policies and practices relating to student refunds, the return of Title IV funds to lenders and bad debt reserves, the eventual scope, duration and outcome of the inquiry cannot be predicted at this time. We are cooperating fully with the Securities and Exchange Commission in connection with the inquiry</font><font style="font-family:Times New Roman;font-size:10pt;">.</font></p><p style='margin-top:0pt; margin-bottom:0pt'> </p><p style='margin-top:0pt; margin-bottom:0pt'><font style="font-family:Times New Roman;font-size:10pt;font-style:italic;margin-left:0px;">Internal Revenue Service Audit</font><font style="font-family:Times New Roman;font-size:10pt;font-style:italic;">s</font></p><p style='margin-top:0pt; margin-bottom:0pt'><font style="font-family:Times New Roman;font-size:10pt;font-weight:bold;margin-left:0px;"> </font></p><p style='margin-top:0pt; margin-bottom:0pt'><font style="font-family:Times New Roman;font-size:10pt;margin-left:0px;">Please refer to Note </font><font style="font-family:Times New Roman;font-size:10pt;">11</font><font style="font-family:Times New Roman;font-size:10pt;">, </font><font style="font-family:Times New Roman;font-size:10pt;">Income Taxes</font><font style="font-family:Times New Roman;font-size:10pt;">, </font><font style="font-family:Times New Roman;font-size:10pt;">for discussion of Internal Revenue Service audits.</font></p>
<p style='margin-top:0pt; margin-bottom:0pt'><font style="font-family:Times New Roman;font-size:10pt;font-weight:bold;margin-left:0px;">Note </font><font style="font-family:Times New Roman;font-size:10pt;font-weight:bold;">16</font><font style="font-family:Times New Roman;font-size:10pt;font-weight:bold;">. Segment Reporting</font></p><p style='margin-top:0pt; margin-bottom:0pt'> </p><p style='margin-top:0pt; margin-bottom:0pt'><font style="font-family:Times New Roman;font-size:10pt;margin-left:0px;">We operate</font><font style="font-family:Times New Roman;font-size:10pt;"> primarily</font><font style="font-family:Times New Roman;font-size:10pt;"> in the education industry. </font><font style="font-family:Times New Roman;font-size:10pt;">We have organized our segments using a combination of factors primarily focusing on the type of educational services provided and products delivered. </font><font style="font-family:Times New Roman;font-size:10pt;">Our seven</font><font style="font-family:Times New Roman;font-size:10pt;"> </font><font style="font-family:Times New Roman;font-size:10pt;">operating segments</font><font style="font-family:Times New Roman;font-size:10pt;"> are managed in the following </font><font style="font-family:Times New Roman;font-size:10pt;">four</font><font style="font-family:Times New Roman;font-size:10pt;"> reportable segments: </font></p><p style='margin-top:0pt; margin-bottom:0pt'> </p><p style='margin-top:0pt; margin-bottom:0pt'></p><ul><li style="margin-left:36px;list-style:disc;"><font style="font-family:Times New Roman;font-size:10pt;">University</font><font style="font-family:Times New Roman;font-size:10pt;"> of </font><font style="font-family:Times New Roman;font-size:10pt;">Phoenix</font><font style="font-family:Times New Roman;font-size:10pt;">;</font></li><li style="margin-left:36px;list-style:disc;"><font style="font-family:Times New Roman;font-size:10pt;">Apollo Global – BPP;</font></li><li style="margin-left:36px;list-style:disc;"><font style="font-family:Times New Roman;font-size:10pt;">Apollo Global – Other; and</font></li><li style="margin-left:36px;list-style:disc;"><font style="font-family:Times New Roman;font-size:10pt;">Other Schools. </font></li></ul><p style='margin-top:0pt; margin-bottom:0pt'> </p><p style='margin-top:0pt; margin-bottom:0pt'><font style="font-family:Times New Roman;font-size:10pt;margin-left:0px;">In the second quarter of fiscal year 2010, we began presenting Insight Schools' assets and liabilities as held for sale and discontinued operations.</font><font style="font-family:Times New Roman;font-size:10pt;"> </font><font style="font-family:Times New Roman;font-size:10pt;">Insight Schools was previously reported as its own reportable segment. As </font><font style="font-family:Times New Roman;font-size:10pt;">Insight Schools </font><font style="font-family:Times New Roman;font-size:10pt;">is presented </font><font style="font-family:Times New Roman;font-size:10pt;">as discontinued operations in our Condensed Consolidated Statements of Income for all periods presented, we have revised our financial information by reportable segment to conform to our current presentation</font><font style="font-family:Times New Roman;font-size:10pt;">.</font></p><p style='margin-top:0pt; margin-bottom:0pt'> </p><p style='margin-top:0pt; margin-bottom:0pt'><font style="font-family:Times New Roman;font-size:10pt;margin-left:0px;">The Other Schools segment </font><font style="font-family:Times New Roman;font-size:10pt;">includes </font><font style="font-family:Times New Roman;font-size:10pt;">Western</font><font style="font-family:Times New Roman;font-size:10pt;"> </font><font style="font-family:Times New Roman;font-size:10pt;">International</font><font style="font-family:Times New Roman;font-size:10pt;"> </font><font style="font-family:Times New Roman;font-size:10pt;">University</font><font style="font-family:Times New Roman;font-size:10pt;">, IPD, CFFP and</font><font style="font-family:Times New Roman;font-size:10pt;"> Meritus. The Corporate caption in our segment reporting </font><font style="font-family:Times New Roman;font-size:10pt;">includes adjustments to reconcile segment results to consolidated results, which primarily consist of net </font><font style="font-family:Times New Roman;font-size:10pt;">revenue and corporate charges that are not allocated to our </font><font style="font-family:Times New Roman;font-size:10pt;">reportable</font><font style="font-family:Times New Roman;font-size:10pt;"> segments. Please refer to our 2009 Annual Report on Form 10-K for further discussion of our segments.</font></p><p style='margin-top: 0pt; margin-bottom: 0pt;'></p><div><table style="border-collapse:collapse;margin-top:20px;"><tr style="height: 17px"><td colspan="13" style="width: 735px; text-align:left;border-color:#000000;min-width:735px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 9pt;COLOR: #000000;">A summary of financial information by reportable segment is as follows:</font></td></tr><tr style="height: 17px"><td style="width: 308px; text-align:left;border-color:#000000;min-width:308px;"> <font style="font-size: 7pt;"><sup></sup></font></td><td style="width: 13px; text-align:left;border-color:#000000;min-width:13px;"> </td><td style="width: 87px; text-align:left;border-color:#000000;min-width:87px;"> </td><td style="width: 13px; text-align:left;border-color:#000000;min-width:13px;"> </td><td style="width: 13px; text-align:left;border-color:#000000;min-width:13px;"> </td><td style="width: 87px; text-align:left;border-color:#000000;min-width:87px;"> </td><td style="width: 13px; text-align:left;border-color:#000000;min-width:13px;"> </td><td style="width: 13px; text-align:left;border-color:#000000;min-width:13px;"> </td><td style="width: 75px; text-align:left;border-color:#000000;min-width:75px;"> </td><td style="width: 13px; text-align:left;border-color:#000000;min-width:13px;"> </td><td style="width: 13px; text-align:left;border-color:#000000;min-width:13px;"> </td><td style="width: 75px; text-align:left;border-color:#000000;min-width:75px;"> </td></tr><tr style="height: 17px"><td style="width: 308px; text-align:left;border-color:#000000;min-width:308px;"> <font style="font-size: 7pt;"><sup></sup></font></td><td colspan="5" style="width: 213px; border-bottom-style:solid;border-bottom-width:1px;text-align:center;border-color:#000000;min-width:213px;"><font style="FONT-WEIGHT: bold;FONT-FAMILY: Times New Roman;FONT-SIZE: 9pt;COLOR: #000000;TEXT-ALIGN: center;">Three Months Ended February 28,</font></td><td style="width: 13px; text-align:left;border-color:#000000;min-width:13px;"> </td><td colspan="5" style="width: 189px; border-bottom-style:solid;border-bottom-width:1px;text-align:center;border-color:#000000;min-width:189px;"><font style="FONT-WEIGHT: bold;FONT-FAMILY: Times New Roman;FONT-SIZE: 9pt;COLOR: #000000;TEXT-ALIGN: center;">Six Months Ended February 28,</font></td></tr><tr style="height: 17px"><td style="width: 308px; text-align:left;border-color:#000000;min-width:308px;"><font style="FONT-STYLE: italic;FONT-FAMILY: Times New Roman;FONT-SIZE: 8pt;COLOR: #000000;">($ in thousands)</font><font style="font-size: 7pt;"><sup></sup></font></td><td colspan="2" style="width: 100px; border-top-style:solid;border-top-width:1px;border-bottom-style:solid;border-bottom-width:1px;text-align:center;border-color:#000000;min-width:100px;"><font style="FONT-WEIGHT: bold;FONT-FAMILY: Times New Roman;FONT-SIZE: 9pt;COLOR: #000000;TEXT-ALIGN: center;">2010</font></td><td style="width: 13px; text-align:left;border-color:#000000;min-width:13px;"> </td><td colspan="2" style="width: 100px; border-top-style:solid;border-top-width:1px;border-bottom-style:solid;border-bottom-width:1px;text-align:center;border-color:#000000;min-width:100px;"><font style="FONT-WEIGHT: bold;FONT-FAMILY: Times New Roman;FONT-SIZE: 9pt;COLOR: #000000;TEXT-ALIGN: center;">2009</font></td><td style="width: 13px; text-align:left;border-color:#000000;min-width:13px;"> </td><td colspan="2" style="width: 88px; border-top-style:solid;border-top-width:1px;border-bottom-style:solid;border-bottom-width:1px;text-align:center;border-color:#000000;min-width:88px;"><font style="FONT-WEIGHT: bold;FONT-FAMILY: Times New Roman;FONT-SIZE: 9pt;COLOR: #000000;TEXT-ALIGN: center;">2010</font></td><td style="width: 13px; text-align:left;border-color:#000000;min-width:13px;"> </td><td colspan="2" style="width: 88px; border-top-style:solid;border-top-width:1px;border-bottom-style:solid;border-bottom-width:1px;text-align:center;border-color:#000000;min-width:88px;"><font style="FONT-WEIGHT: bold;FONT-FAMILY: Times New Roman;FONT-SIZE: 9pt;COLOR: #000000;TEXT-ALIGN: center;">2009</font></td></tr><tr style="height: 17px"><td style="width: 308px; text-align:left;border-color:#000000;min-width:308px;"><font style="FONT-WEIGHT: bold;FONT-FAMILY: Times New Roman;FONT-SIZE: 9pt;COLOR: #000000;TEXT-ALIGN: left;">Net revenue:</font><font style="font-size: 7pt;"><sup></sup></font></td><td style="width: 13px; text-align:left;border-color:#000000;min-width:13px;"> </td><td style="width: 87px; text-align:left;border-color:#000000;min-width:87px;"> </td><td style="width: 13px; text-align:left;border-color:#000000;min-width:13px;"> </td><td style="width: 13px; text-align:left;border-color:#000000;min-width:13px;"> </td><td style="width: 87px; text-align:left;border-color:#000000;min-width:87px;"> </td><td style="width: 13px; text-align:left;border-color:#000000;min-width:13px;"> </td><td style="width: 13px; text-align:left;border-color:#000000;min-width:13px;"> </td><td style="width: 75px; text-align:left;border-color:#000000;min-width:75px;"> </td><td style="width: 13px; text-align:left;border-color:#000000;min-width:13px;"> </td><td style="width: 13px; text-align:left;border-color:#000000;min-width:13px;"> </td><td style="width: 75px; text-align:left;border-color:#000000;min-width:75px;"> </td></tr><tr style="height: 17px"><td style="width: 308px; text-align:left;border-color:#000000;min-width:308px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 9pt;COLOR: #000000;"> University of Phoenix</font><font style="font-size: 7pt;"><sup></sup></font></td><td style="width: 13px; text-align:right;border-color:#000000;min-width:13px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: right;">$</font></td><td style="width: 87px; text-align:right;border-color:#000000;min-width:87px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;"> 977,476</font></td><td style="width: 13px; text-align:left;border-color:#000000;min-width:13px;"> </td><td style="width: 13px; text-align:right;border-color:#000000;min-width:13px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: right;">$</font></td><td style="width: 87px; text-align:right;border-color:#000000;min-width:87px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;"> 829,276</font></td><td style="width: 13px; text-align:left;border-color:#000000;min-width:13px;"> </td><td style="width: 13px; text-align:right;border-color:#000000;min-width:13px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: right;">$</font></td><td style="width: 75px; text-align:right;border-color:#000000;min-width:75px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;"> 2,099,846</font></td><td style="width: 13px; text-align:left;border-color:#000000;min-width:13px;"> </td><td style="width: 13px; text-align:right;border-color:#000000;min-width:13px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: right;">$</font></td><td style="width: 75px; text-align:right;border-color:#000000;min-width:75px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;"> 1,742,484</font></td></tr><tr style="height: 17px"><td style="width: 308px; text-align:left;border-color:#000000;min-width:308px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 9pt;COLOR: #000000;"> Apollo Global:</font><font style="font-size: 7pt;"><sup></sup></font></td><td style="width: 13px; text-align:right;border-color:#000000;min-width:13px;"> </td><td style="width: 87px; text-align:left;border-color:#000000;min-width:87px;"> </td><td style="width: 13px; text-align:left;border-color:#000000;min-width:13px;"> </td><td style="width: 13px; text-align:right;border-color:#000000;min-width:13px;"> </td><td style="width: 87px; text-align:left;border-color:#000000;min-width:87px;"> </td><td style="width: 13px; text-align:left;border-color:#000000;min-width:13px;"> </td><td style="width: 13px; text-align:right;border-color:#000000;min-width:13px;"> </td><td style="width: 75px; text-align:left;border-color:#000000;min-width:75px;"> </td><td style="width: 13px; text-align:left;border-color:#000000;min-width:13px;"> </td><td style="width: 13px; text-align:right;border-color:#000000;min-width:13px;"> </td><td style="width: 75px; text-align:left;border-color:#000000;min-width:75px;"> </td></tr><tr style="height: 17px"><td style="width: 308px; text-align:left;border-color:#000000;min-width:308px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 9pt;COLOR: #000000;"> BPP</font><font style="font-size: 7pt;"><sup></sup></font></td><td style="width: 13px; text-align:right;border-color:#000000;min-width:13px;"> </td><td style="width: 87px; text-align:right;border-color:#000000;min-width:87px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;"> 53,647</font></td><td style="width: 13px; text-align:left;border-color:#000000;min-width:13px;"> </td><td style="width: 13px; text-align:right;border-color:#000000;min-width:13px;"> </td><td style="width: 87px; text-align:right;border-color:#000000;min-width:87px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;"> -</font></td><td style="width: 13px; text-align:left;border-color:#000000;min-width:13px;"> </td><td style="width: 13px; text-align:right;border-color:#000000;min-width:13px;"> </td><td style="width: 75px; text-align:right;border-color:#000000;min-width:75px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;"> 142,320</font></td><td style="width: 13px; text-align:left;border-color:#000000;min-width:13px;"> </td><td style="width: 13px; text-align:right;border-color:#000000;min-width:13px;"> </td><td style="width: 75px; text-align:right;border-color:#000000;min-width:75px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;"> -</font></td></tr><tr style="height: 17px"><td style="width: 308px; text-align:left;border-color:#000000;min-width:308px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 9pt;COLOR: #000000;"> Other</font><font style="font-size: 7pt;"><sup></sup></font></td><td style="width: 13px; border-bottom-style:solid;border-bottom-width:1px;text-align:right;border-color:#000000;min-width:13px;"> </td><td style="width: 87px; border-bottom-style:solid;border-bottom-width:1px;text-align:right;border-color:#000000;min-width:87px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;"> 12,493</font></td><td style="width: 13px; text-align:left;border-color:#000000;min-width:13px;"> </td><td style="width: 13px; border-bottom-style:solid;border-bottom-width:1px;text-align:right;border-color:#000000;min-width:13px;"> </td><td style="width: 87px; border-bottom-style:solid;border-bottom-width:1px;text-align:right;border-color:#000000;min-width:87px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;"> 14,062</font></td><td style="width: 13px; text-align:left;border-color:#000000;min-width:13px;"> </td><td style="width: 13px; border-bottom-style:solid;border-bottom-width:1px;text-align:right;border-color:#000000;min-width:13px;"> </td><td style="width: 75px; border-bottom-style:solid;border-bottom-width:1px;text-align:right;border-color:#000000;min-width:75px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;"> 28,925</font></td><td style="width: 13px; text-align:left;border-color:#000000;min-width:13px;"> </td><td style="width: 13px; border-bottom-style:solid;border-bottom-width:1px;text-align:right;border-color:#000000;min-width:13px;"> </td><td style="width: 75px; border-bottom-style:solid;border-bottom-width:1px;text-align:right;border-color:#000000;min-width:75px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;"> 31,064</font></td></tr><tr style="height: 17px"><td style="width: 308px; text-align:left;border-color:#000000;min-width:308px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 9pt;COLOR: #000000;"> Total Apollo Global</font><font style="font-size: 7pt;"><sup></sup></font></td><td style="width: 13px; text-align:right;border-color:#000000;min-width:13px;"> </td><td style="width: 87px; text-align:right;border-color:#000000;min-width:87px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;"> 66,140</font></td><td style="width: 13px; text-align:left;border-color:#000000;min-width:13px;"> </td><td style="width: 13px; text-align:right;border-color:#000000;min-width:13px;"> </td><td style="width: 87px; text-align:right;border-color:#000000;min-width:87px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;"> 14,062</font></td><td style="width: 13px; text-align:left;border-color:#000000;min-width:13px;"> </td><td style="width: 13px; text-align:right;border-color:#000000;min-width:13px;"> </td><td style="width: 75px; text-align:right;border-color:#000000;min-width:75px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;"> 171,245</font></td><td style="width: 13px; text-align:left;border-color:#000000;min-width:13px;"> </td><td style="width: 13px; text-align:right;border-color:#000000;min-width:13px;"> </td><td style="width: 75px; text-align:right;border-color:#000000;min-width:75px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;"> 31,064</font></td></tr><tr style="height: 17px"><td style="width: 308px; text-align:left;border-color:#000000;min-width:308px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 9pt;COLOR: #000000;"> Other Schools</font><font style="font-size: 7pt;"><sup></sup></font></td><td style="width: 13px; text-align:right;border-color:#000000;min-width:13px;"> </td><td style="width: 87px; text-align:right;border-color:#000000;min-width:87px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;"> 26,720</font></td><td style="width: 13px; text-align:left;border-color:#000000;min-width:13px;"> </td><td style="width: 13px; text-align:right;border-color:#000000;min-width:13px;"> </td><td style="width: 87px; text-align:right;border-color:#000000;min-width:87px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;"> 25,618</font></td><td style="width: 13px; text-align:left;border-color:#000000;min-width:13px;"> </td><td style="width: 13px; text-align:right;border-color:#000000;min-width:13px;"> </td><td style="width: 75px; text-align:right;border-color:#000000;min-width:75px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;"> 57,904</font></td><td style="width: 13px; text-align:left;border-color:#000000;min-width:13px;"> </td><td style="width: 13px; text-align:right;border-color:#000000;min-width:13px;"> </td><td style="width: 75px; text-align:right;border-color:#000000;min-width:75px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;"> 57,607</font></td></tr><tr style="height: 17px"><td style="width: 308px; text-align:left;border-color:#000000;min-width:308px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 9pt;COLOR: #000000;"> Corporate</font><font style="font-size: 7pt;"><sup></sup></font></td><td style="width: 13px; text-align:right;border-color:#000000;min-width:13px;"> </td><td style="width: 87px; text-align:right;border-color:#000000;min-width:87px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;"> -</font></td><td style="width: 13px; text-align:left;border-color:#000000;min-width:13px;"> </td><td style="width: 13px; text-align:right;border-color:#000000;min-width:13px;"> </td><td style="width: 87px; text-align:right;border-color:#000000;min-width:87px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;"> 587</font></td><td style="width: 13px; text-align:left;border-color:#000000;min-width:13px;"> </td><td style="width: 13px; text-align:right;border-color:#000000;min-width:13px;"> </td><td style="width: 75px; text-align:right;border-color:#000000;min-width:75px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;"> -</font></td><td style="width: 13px; text-align:left;border-color:#000000;min-width:13px;"> </td><td style="width: 13px; text-align:right;border-color:#000000;min-width:13px;"> </td><td style="width: 75px; text-align:right;border-color:#000000;min-width:75px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;"> 1,670</font></td></tr><tr style="height: 18px"><td style="width: 308px; text-align:left;border-color:#000000;min-width:308px;"><font style="FONT-WEIGHT: bold;FONT-FAMILY: Times New Roman;FONT-SIZE: 9pt;COLOR: #000000;">Total net revenue</font><font style="font-size: 7pt;"><sup></sup></font></td><td style="width: 13px; border-top-style:solid;border-top-width:1px;border-bottom-style:double;border-bottom-width:3px;text-align:right;border-color:#000000;min-width:13px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: right;">$</font></td><td style="width: 87px; border-top-style:solid;border-top-width:1px;border-bottom-style:double;border-bottom-width:3px;text-align:right;border-color:#000000;min-width:87px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;"> 1,070,336</font></td><td style="width: 13px; text-align:left;border-color:#000000;min-width:13px;"> </td><td style="width: 13px; border-top-style:solid;border-top-width:1px;border-bottom-style:double;border-bottom-width:3px;text-align:right;border-color:#000000;min-width:13px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: right;">$</font></td><td style="width: 87px; border-top-style:solid;border-top-width:1px;border-bottom-style:double;border-bottom-width:3px;text-align:right;border-color:#000000;min-width:87px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;"> 869,543</font></td><td style="width: 13px; text-align:left;border-color:#000000;min-width:13px;"> </td><td style="width: 13px; border-top-style:solid;border-top-width:1px;border-bottom-style:double;border-bottom-width:3px;text-align:right;border-color:#000000;min-width:13px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: right;">$</font></td><td style="width: 75px; border-top-style:solid;border-top-width:1px;border-bottom-style:double;border-bottom-width:3px;text-align:right;border-color:#000000;min-width:75px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;"> 2,328,995</font></td><td style="width: 13px; text-align:left;border-color:#000000;min-width:13px;"> </td><td style="width: 13px; border-top-style:solid;border-top-width:1px;border-bottom-style:double;border-bottom-width:3px;text-align:right;border-color:#000000;min-width:13px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: right;">$</font></td><td style="width: 75px; border-top-style:solid;border-top-width:1px;border-bottom-style:double;border-bottom-width:3px;text-align:right;border-color:#000000;min-width:75px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;"> 1,832,825</font></td></tr><tr style="height: 18px"><td style="width: 308px; text-align:left;border-color:#000000;min-width:308px;"> <font style="font-size: 7pt;"><sup></sup></font></td><td style="width: 13px; text-align:right;border-color:#000000;min-width:13px;"> </td><td style="width: 87px; text-align:left;border-color:#000000;min-width:87px;"> </td><td style="width: 13px; text-align:left;border-color:#000000;min-width:13px;"> </td><td style="width: 13px; text-align:right;border-color:#000000;min-width:13px;"> </td><td style="width: 87px; text-align:left;border-color:#000000;min-width:87px;"> </td><td style="width: 13px; text-align:left;border-color:#000000;min-width:13px;"> </td><td style="width: 13px; text-align:right;border-color:#000000;min-width:13px;"> </td><td style="width: 75px; text-align:left;border-color:#000000;min-width:75px;"> </td><td style="width: 13px; text-align:left;border-color:#000000;min-width:13px;"> </td><td style="width: 13px; text-align:right;border-color:#000000;min-width:13px;"> </td><td style="width: 75px; text-align:left;border-color:#000000;min-width:75px;"> </td></tr><tr style="height: 17px"><td style="width: 308px; text-align:left;border-color:#000000;min-width:308px;"><font style="FONT-WEIGHT: bold;FONT-FAMILY: Times New Roman;FONT-SIZE: 9pt;COLOR: #000000;TEXT-ALIGN: left;">Operating income (loss):</font><font style="font-size: 7pt;"><sup></sup></font></td><td style="width: 13px; text-align:right;border-color:#000000;min-width:13px;"> </td><td style="width: 87px; text-align:left;border-color:#000000;min-width:87px;"> </td><td style="width: 13px; text-align:left;border-color:#000000;min-width:13px;"> </td><td style="width: 13px; text-align:right;border-color:#000000;min-width:13px;"> </td><td style="width: 87px; text-align:left;border-color:#000000;min-width:87px;"> </td><td style="width: 13px; text-align:left;border-color:#000000;min-width:13px;"> </td><td style="width: 13px; text-align:right;border-color:#000000;min-width:13px;"> </td><td style="width: 75px; text-align:left;border-color:#000000;min-width:75px;"> </td><td style="width: 13px; text-align:left;border-color:#000000;min-width:13px;"> </td><td style="width: 13px; text-align:right;border-color:#000000;min-width:13px;"> </td><td style="width: 75px; text-align:left;border-color:#000000;min-width:75px;"> </td></tr><tr style="height: 17px"><td style="width: 308px; text-align:left;border-color:#000000;min-width:308px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 9pt;COLOR: #000000;"> University of Phoenix</font><font style="font-size: 7pt;"><sup></sup></font></td><td style="width: 13px; text-align:right;border-color:#000000;min-width:13px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: right;">$</font></td><td style="width: 87px; text-align:right;border-color:#000000;min-width:87px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;"> 246,418</font></td><td style="width: 13px; text-align:left;border-color:#000000;min-width:13px;"> </td><td style="width: 13px; text-align:right;border-color:#000000;min-width:13px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: right;">$</font></td><td style="width: 87px; text-align:right;border-color:#000000;min-width:87px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;"> 230,062</font></td><td style="width: 13px; text-align:left;border-color:#000000;min-width:13px;"> </td><td style="width: 13px; text-align:right;border-color:#000000;min-width:13px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: right;">$</font></td><td style="width: 75px; text-align:right;border-color:#000000;min-width:75px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;"> 637,433</font></td><td style="width: 13px; text-align:left;border-color:#000000;min-width:13px;"> </td><td style="width: 13px; text-align:right;border-color:#000000;min-width:13px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: right;">$</font></td><td style="width: 75px; text-align:right;border-color:#000000;min-width:75px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;"> 540,275</font></td></tr><tr style="height: 17px"><td style="width: 308px; text-align:left;border-color:#000000;min-width:308px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 9pt;COLOR: #000000;"> Apollo Global:</font><font style="font-size: 7pt;"><sup></sup></font></td><td style="width: 13px; text-align:right;border-color:#000000;min-width:13px;"> </td><td style="width: 87px; text-align:left;border-color:#000000;min-width:87px;"> </td><td style="width: 13px; text-align:left;border-color:#000000;min-width:13px;"> </td><td style="width: 13px; text-align:right;border-color:#000000;min-width:13px;"> </td><td style="width: 87px; text-align:left;border-color:#000000;min-width:87px;"> </td><td style="width: 13px; text-align:left;border-color:#000000;min-width:13px;"> </td><td style="width: 13px; text-align:right;border-color:#000000;min-width:13px;"> </td><td style="width: 75px; text-align:left;border-color:#000000;min-width:75px;"> </td><td style="width: 13px; text-align:left;border-color:#000000;min-width:13px;"> </td><td style="width: 13px; text-align:right;border-color:#000000;min-width:13px;"> </td><td style="width: 75px; text-align:left;border-color:#000000;min-width:75px;"> </td></tr><tr style="height: 17px"><td style="width: 308px; text-align:left;border-color:#000000;min-width:308px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 9pt;COLOR: #000000;"> BPP</font><font style="font-size: 7pt;"><sup></sup></font></td><td style="width: 13px; text-align:right;border-color:#000000;min-width:13px;"> </td><td style="width: 87px; text-align:right;border-color:#000000;min-width:87px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;"> (10,793)</font></td><td style="width: 13px; text-align:left;border-color:#000000;min-width:13px;"> </td><td style="width: 13px; text-align:right;border-color:#000000;min-width:13px;"> </td><td style="width: 87px; text-align:right;border-color:#000000;min-width:87px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;"> -</font></td><td style="width: 13px; text-align:left;border-color:#000000;min-width:13px;"> </td><td style="width: 13px; text-align:right;border-color:#000000;min-width:13px;"> </td><td style="width: 75px; text-align:right;border-color:#000000;min-width:75px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;"> 4,809</font></td><td style="width: 13px; text-align:left;border-color:#000000;min-width:13px;"> </td><td style="width: 13px; text-align:right;border-color:#000000;min-width:13px;"> </td><td style="width: 75px; text-align:right;border-color:#000000;min-width:75px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;"> -</font></td></tr><tr style="height: 17px"><td style="width: 308px; text-align:left;border-color:#000000;min-width:308px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 9pt;COLOR: #000000;"> Other</font><font style="font-size: 7pt;"><sup></sup></font></td><td style="width: 13px; border-bottom-style:solid;border-bottom-width:1px;text-align:right;border-color:#000000;min-width:13px;"> </td><td style="width: 87px; border-bottom-style:solid;border-bottom-width:1px;text-align:right;border-color:#000000;min-width:87px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;"> (5,951)</font></td><td style="width: 13px; text-align:left;border-color:#000000;min-width:13px;"> </td><td style="width: 13px; border-bottom-style:solid;border-bottom-width:1px;text-align:right;border-color:#000000;min-width:13px;"> </td><td style="width: 87px; border-bottom-style:solid;border-bottom-width:1px;text-align:right;border-color:#000000;min-width:87px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;"> (2,010)</font></td><td style="width: 13px; text-align:left;border-color:#000000;min-width:13px;"> </td><td style="width: 13px; border-bottom-style:solid;border-bottom-width:1px;text-align:right;border-color:#000000;min-width:13px;"> </td><td style="width: 75px; border-bottom-style:solid;border-bottom-width:1px;text-align:right;border-color:#000000;min-width:75px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;"> (7,823)</font></td><td style="width: 13px; text-align:left;border-color:#000000;min-width:13px;"> </td><td style="width: 13px; border-bottom-style:solid;border-bottom-width:1px;text-align:right;border-color:#000000;min-width:13px;"> </td><td style="width: 75px; border-bottom-style:solid;border-bottom-width:1px;text-align:right;border-color:#000000;min-width:75px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;"> (1,271)</font></td></tr><tr style="height: 17px"><td style="width: 308px; text-align:left;border-color:#000000;min-width:308px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 9pt;COLOR: #000000;"> Total Apollo Global</font><font style="font-size: 7pt;"><sup></sup></font></td><td style="width: 13px; text-align:right;border-color:#000000;min-width:13px;"> </td><td style="width: 87px; text-align:right;border-color:#000000;min-width:87px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;"> (16,744)</font></td><td style="width: 13px; text-align:left;border-color:#000000;min-width:13px;"> </td><td style="width: 13px; text-align:right;border-color:#000000;min-width:13px;"> </td><td style="width: 87px; text-align:right;border-color:#000000;min-width:87px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;"> (2,010)</font></td><td style="width: 13px; text-align:left;border-color:#000000;min-width:13px;"> </td><td style="width: 13px; text-align:right;border-color:#000000;min-width:13px;"> </td><td style="width: 75px; text-align:right;border-color:#000000;min-width:75px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;"> (3,014)</font></td><td style="width: 13px; text-align:left;border-color:#000000;min-width:13px;"> </td><td style="width: 13px; text-align:right;border-color:#000000;min-width:13px;"> </td><td style="width: 75px; text-align:right;border-color:#000000;min-width:75px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;"> (1,271)</font></td></tr><tr style="height: 17px"><td style="width: 308px; text-align:left;border-color:#000000;min-width:308px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 9pt;COLOR: #000000;"> Other Schools</font><font style="font-size: 7pt;"><sup></sup></font></td><td style="width: 13px; text-align:right;border-color:#000000;min-width:13px;"> </td><td style="width: 87px; text-align:right;border-color:#000000;min-width:87px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;"> (2,036)</font></td><td style="width: 13px; text-align:left;border-color:#000000;min-width:13px;"> </td><td style="width: 13px; text-align:right;border-color:#000000;min-width:13px;"> </td><td style="width: 87px; text-align:right;border-color:#000000;min-width:87px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;"> (1,324)</font></td><td style="width: 13px; text-align:left;border-color:#000000;min-width:13px;"> </td><td style="width: 13px; text-align:right;border-color:#000000;min-width:13px;"> </td><td style="width: 75px; text-align:right;border-color:#000000;min-width:75px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;"> 713</font></td><td style="width: 13px; text-align:left;border-color:#000000;min-width:13px;"> </td><td style="width: 13px; text-align:right;border-color:#000000;min-width:13px;"> </td><td style="width: 75px; text-align:right;border-color:#000000;min-width:75px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;"> 3,229</font></td></tr><tr style="height: 17px"><td style="width: 308px; text-align:left;border-color:#000000;min-width:308px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 9pt;COLOR: #000000;"> Corporate</font><font style="font-size: 7pt;"><sup>(1)</sup></font></td><td style="width: 13px; border-bottom-style:solid;border-bottom-width:1px;text-align:right;border-color:#000000;min-width:13px;"> </td><td style="width: 87px; border-bottom-style:solid;border-bottom-width:1px;text-align:right;border-color:#000000;min-width:87px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;"> (54,648)</font></td><td style="width: 13px; text-align:left;border-color:#000000;min-width:13px;"> </td><td style="width: 13px; border-bottom-style:solid;border-bottom-width:1px;text-align:right;border-color:#000000;min-width:13px;"> </td><td style="width: 87px; border-bottom-style:solid;border-bottom-width:1px;text-align:right;border-color:#000000;min-width:87px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;"> (15,618)</font></td><td style="width: 13px; text-align:left;border-color:#000000;min-width:13px;"> </td><td style="width: 13px; border-bottom-style:solid;border-bottom-width:1px;text-align:right;border-color:#000000;min-width:13px;"> </td><td style="width: 75px; border-bottom-style:solid;border-bottom-width:1px;text-align:right;border-color:#000000;min-width:75px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;"> (69,083)</font></td><td style="width: 13px; text-align:left;border-color:#000000;min-width:13px;"> </td><td style="width: 13px; border-bottom-style:solid;border-bottom-width:1px;text-align:right;border-color:#000000;min-width:13px;"> </td><td style="width: 75px; border-bottom-style:solid;border-bottom-width:1px;text-align:right;border-color:#000000;min-width:75px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;"> (21,046)</font></td></tr><tr style="height: 17px"><td style="width: 308px; text-align:left;border-color:#000000;min-width:308px;"><font style="FONT-WEIGHT: bold;FONT-FAMILY: Times New Roman;FONT-SIZE: 9pt;COLOR: #000000;">Total operating income</font><font style="font-size: 7pt;"><sup></sup></font></td><td style="width: 13px; text-align:right;border-color:#000000;min-width:13px;"> </td><td style="width: 87px; text-align:right;border-color:#000000;min-width:87px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;"> 172,990</font></td><td style="width: 13px; text-align:left;border-color:#000000;min-width:13px;"> </td><td style="width: 13px; text-align:right;border-color:#000000;min-width:13px;"> </td><td style="width: 87px; text-align:right;border-color:#000000;min-width:87px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;"> 211,110</font></td><td style="width: 13px; text-align:left;border-color:#000000;min-width:13px;"> </td><td style="width: 13px; text-align:right;border-color:#000000;min-width:13px;"> </td><td style="width: 75px; text-align:right;border-color:#000000;min-width:75px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;"> 566,049</font></td><td style="width: 13px; text-align:left;border-color:#000000;min-width:13px;"> </td><td style="width: 13px; text-align:right;border-color:#000000;min-width:13px;"> </td><td style="width: 75px; text-align:right;border-color:#000000;min-width:75px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;"> 521,187</font></td></tr><tr style="height: 17px"><td style="width: 308px; text-align:left;border-color:#000000;min-width:308px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 9pt;COLOR: #000000;">Reconciling items:</font><font style="font-size: 7pt;"><sup></sup></font></td><td style="width: 13px; text-align:right;border-color:#000000;min-width:13px;"> </td><td style="width: 87px; text-align:left;border-color:#000000;min-width:87px;"> </td><td style="width: 13px; text-align:left;border-color:#000000;min-width:13px;"> </td><td style="width: 13px; text-align:right;border-color:#000000;min-width:13px;"> </td><td style="width: 87px; text-align:left;border-color:#000000;min-width:87px;"> </td><td style="width: 13px; text-align:left;border-color:#000000;min-width:13px;"> </td><td style="width: 13px; text-align:right;border-color:#000000;min-width:13px;"> </td><td style="width: 75px; text-align:left;border-color:#000000;min-width:75px;"> </td><td style="width: 13px; text-align:left;border-color:#000000;min-width:13px;"> </td><td style="width: 13px; text-align:right;border-color:#000000;min-width:13px;"> </td><td style="width: 75px; text-align:left;border-color:#000000;min-width:75px;"> </td></tr><tr style="height: 17px"><td style="width: 308px; text-align:left;border-color:#000000;min-width:308px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 9pt;COLOR: #000000;"> Interest income</font><font style="font-size: 7pt;"><sup></sup></font></td><td style="width: 13px; text-align:right;border-color:#000000;min-width:13px;"> </td><td style="width: 87px; text-align:right;border-color:#000000;min-width:87px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;"> 525</font></td><td style="width: 13px; text-align:left;border-color:#000000;min-width:13px;"> </td><td style="width: 13px; text-align:right;border-color:#000000;min-width:13px;"> </td><td style="width: 87px; text-align:right;border-color:#000000;min-width:87px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;"> 3,430</font></td><td style="width: 13px; text-align:left;border-color:#000000;min-width:13px;"> </td><td style="width: 13px; text-align:right;border-color:#000000;min-width:13px;"> </td><td style="width: 75px; text-align:right;border-color:#000000;min-width:75px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;"> 1,457</font></td><td style="width: 13px; text-align:left;border-color:#000000;min-width:13px;"> </td><td style="width: 13px; text-align:right;border-color:#000000;min-width:13px;"> </td><td style="width: 75px; text-align:right;border-color:#000000;min-width:75px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;"> 8,807</font></td></tr><tr style="height: 17px"><td style="width: 308px; text-align:left;border-color:#000000;min-width:308px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 9pt;COLOR: #000000;"> Interest expense</font><font style="font-size: 7pt;"><sup></sup></font></td><td style="width: 13px; text-align:right;border-color:#000000;min-width:13px;"> </td><td style="width: 87px; text-align:right;border-color:#000000;min-width:87px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;"> (3,220)</font></td><td style="width: 13px; text-align:left;border-color:#000000;min-width:13px;"> </td><td style="width: 13px; text-align:right;border-color:#000000;min-width:13px;"> </td><td style="width: 87px; text-align:right;border-color:#000000;min-width:87px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;"> (621)</font></td><td style="width: 13px; text-align:left;border-color:#000000;min-width:13px;"> </td><td style="width: 13px; text-align:right;border-color:#000000;min-width:13px;"> </td><td style="width: 75px; text-align:right;border-color:#000000;min-width:75px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;"> (6,128)</font></td><td style="width: 13px; text-align:left;border-color:#000000;min-width:13px;"> </td><td style="width: 13px; text-align:right;border-color:#000000;min-width:13px;"> </td><td style="width: 75px; text-align:right;border-color:#000000;min-width:75px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;"> (2,050)</font></td></tr><tr style="height: 17px"><td style="width: 308px; text-align:left;border-color:#000000;min-width:308px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 9pt;COLOR: #000000;"> Other, net</font><font style="font-size: 7pt;"><sup></sup></font></td><td style="width: 13px; text-align:right;border-color:#000000;min-width:13px;"> </td><td style="width: 87px; text-align:right;border-color:#000000;min-width:87px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;"> (79)</font></td><td style="width: 13px; text-align:left;border-color:#000000;min-width:13px;"> </td><td style="width: 13px; text-align:right;border-color:#000000;min-width:13px;"> </td><td style="width: 87px; text-align:right;border-color:#000000;min-width:87px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;"> (201)</font></td><td style="width: 13px; text-align:left;border-color:#000000;min-width:13px;"> </td><td style="width: 13px; text-align:right;border-color:#000000;min-width:13px;"> </td><td style="width: 75px; text-align:right;border-color:#000000;min-width:75px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;"> (749)</font></td><td style="width: 13px; text-align:left;border-color:#000000;min-width:13px;"> </td><td style="width: 13px; text-align:right;border-color:#000000;min-width:13px;"> </td><td style="width: 75px; text-align:right;border-color:#000000;min-width:75px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;"> (2,633)</font></td></tr><tr style="height: 18px"><td style="width: 308px; text-align:left;border-color:#000000;min-width:308px;"><font style="FONT-WEIGHT: bold;FONT-FAMILY: Times New Roman;FONT-SIZE: 9pt;COLOR: #000000;">Income from continuing operations before income taxes</font><font style="font-size: 7pt;"><sup></sup></font></td><td style="width: 13px; border-top-style:solid;border-top-width:1px;border-bottom-style:double;border-bottom-width:3px;text-align:right;border-color:#000000;min-width:13px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: right;">$</font></td><td style="width: 87px; border-top-style:solid;border-top-width:1px;border-bottom-style:double;border-bottom-width:3px;text-align:right;border-color:#000000;min-width:87px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;"> 170,216</font></td><td style="width: 13px; text-align:left;border-color:#000000;min-width:13px;"> </td><td style="width: 13px; border-top-style:solid;border-top-width:1px;border-bottom-style:double;border-bottom-width:3px;text-align:right;border-color:#000000;min-width:13px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: right;">$</font></td><td style="width: 87px; border-top-style:solid;border-top-width:1px;border-bottom-style:double;border-bottom-width:3px;text-align:right;border-color:#000000;min-width:87px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;"> 213,718</font></td><td style="width: 13px; text-align:left;border-color:#000000;min-width:13px;"> </td><td style="width: 13px; border-top-style:solid;border-top-width:1px;border-bottom-style:double;border-bottom-width:3px;text-align:right;border-color:#000000;min-width:13px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: right;">$</font></td><td style="width: 75px; border-top-style:solid;border-top-width:1px;border-bottom-style:double;border-bottom-width:3px;text-align:right;border-color:#000000;min-width:75px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;"> 560,629</font></td><td style="width: 13px; text-align:left;border-color:#000000;min-width:13px;"> </td><td style="width: 13px; border-top-style:solid;border-top-width:1px;border-bottom-style:double;border-bottom-width:3px;text-align:right;border-color:#000000;min-width:13px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: right;">$</font></td><td style="width: 75px; border-top-style:solid;border-top-width:1px;border-bottom-style:double;border-bottom-width:3px;text-align:right;border-color:#000000;min-width:75px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;"> 525,311</font></td></tr><tr style="height: 18px"><td style="width: 308px; text-align:left;border-color:#000000;min-width:308px;"> <font style="font-size: 7pt;"><sup></sup></font></td><td style="width: 13px; text-align:right;border-color:#000000;min-width:13px;"> </td><td style="width: 87px; text-align:left;border-color:#000000;min-width:87px;"> </td><td style="width: 13px; text-align:left;border-color:#000000;min-width:13px;"> </td><td style="width: 13px; text-align:right;border-color:#000000;min-width:13px;"> </td><td style="width: 87px; text-align:left;border-color:#000000;min-width:87px;"> </td><td style="width: 13px; text-align:left;border-color:#000000;min-width:13px;"> </td><td style="width: 13px; text-align:right;border-color:#000000;min-width:13px;"> </td><td style="width: 75px; text-align:left;border-color:#000000;min-width:75px;"> </td><td style="width: 13px; text-align:left;border-color:#000000;min-width:13px;"> </td><td style="width: 13px; text-align:right;border-color:#000000;min-width:13px;"> </td><td style="width: 75px; text-align:left;border-color:#000000;min-width:75px;"> </td></tr><tr style="height: 17px"><td colspan="13" style="width: 735px; text-align:left;border-color:#000000;min-width:735px;"><sup><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 9pt;COLOR: #000000;">(1)</font></sup><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 9pt;COLOR: #000000;TEXT-ALIGN: left;">The operating loss for Corporate in both the three and six months ended February 28, 2010 includes the $44.5 million charge associated with the Securities Class Action matter. Refer to Note 15, Commitments and Contingencies, for further discussion.</font></td></tr></table></div><p style='margin-top: 0pt; margin-bottom: 0pt;'></p><div><table style="border-collapse:collapse;margin-top:20px;"><tr style="height: 17px"><td colspan="7" style="width: 755px; text-align:left;border-color:#000000;min-width:755px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;">A summary of our consolidated assets by reportable segment is as follows:</font></td></tr><tr style="height: 17px"><td style="width: 531px; text-align:left;border-color:#000000;min-width:531px;"> <font style="font-size: 7pt;"><sup></sup></font></td><td style="width: 13px; text-align:left;border-color:#000000;min-width:13px;"> </td><td style="width: 75px; text-align:left;border-color:#000000;min-width:75px;"> </td><td style="width: 13px; text-align:left;border-color:#000000;min-width:13px;"> </td><td style="width: 13px; text-align:left;border-color:#000000;min-width:13px;"> </td><td style="width: 75px; text-align:left;border-color:#000000;min-width:75px;"> </td></tr><tr style="height: 17px"><td style="width: 531px; text-align:left;border-color:#000000;min-width:531px;"><font style="FONT-STYLE: italic;FONT-FAMILY: Times New Roman;FONT-SIZE: 8pt;COLOR: #000000;">($ in thousands)</font><font style="font-size: 7pt;"><sup></sup></font></td><td colspan="2" style="width: 88px; border-bottom-style:solid;border-bottom-width:1px;text-align:center;border-color:#000000;min-width:88px;"><font style="FONT-WEIGHT: bold;FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: center;">February 28, 2010</font></td><td style="width: 13px; text-align:left;border-color:#000000;min-width:13px;"> </td><td colspan="2" style="width: 88px; border-bottom-style:solid;border-bottom-width:1px;text-align:center;border-color:#000000;min-width:88px;"><font style="FONT-WEIGHT: bold;FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: center;">August 31, 2009</font></td></tr><tr style="height: 17px"><td style="width: 531px; text-align:left;border-color:#000000;min-width:531px;"><font style="FONT-WEIGHT: bold;FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;">Assets:</font><font style="font-size: 7pt;"><sup></sup></font></td><td style="width: 13px; text-align:left;border-color:#000000;min-width:13px;"> </td><td style="width: 75px; text-align:left;border-color:#000000;min-width:75px;"> </td><td style="width: 13px; text-align:left;border-color:#000000;min-width:13px;"> </td><td style="width: 13px; text-align:left;border-color:#000000;min-width:13px;"> </td><td style="width: 75px; text-align:left;border-color:#000000;min-width:75px;"> </td></tr><tr style="height: 17px"><td style="width: 531px; text-align:left;border-color:#000000;min-width:531px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;"> University of Phoenix</font><font style="font-size: 7pt;"><sup></sup></font></td><td style="width: 13px; text-align:right;border-color:#000000;min-width:13px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: right;">$</font></td><td style="width: 75px; text-align:right;border-color:#000000;min-width:75px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;"> 1,088,659</font></td><td style="width: 13px; text-align:left;border-color:#000000;min-width:13px;"> </td><td style="width: 13px; text-align:right;border-color:#000000;min-width:13px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: right;">$</font></td><td style="width: 75px; text-align:right;border-color:#000000;min-width:75px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;"> 1,112,002</font></td></tr><tr style="height: 17px"><td style="width: 531px; text-align:left;border-color:#000000;min-width:531px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;"> Apollo Global:</font><font style="font-size: 7pt;"><sup></sup></font></td><td style="width: 13px; text-align:right;border-color:#000000;min-width:13px;"> </td><td style="width: 75px; text-align:left;border-color:#000000;min-width:75px;"> </td><td style="width: 13px; text-align:left;border-color:#000000;min-width:13px;"> </td><td style="width: 13px; text-align:right;border-color:#000000;min-width:13px;"> </td><td style="width: 75px; text-align:left;border-color:#000000;min-width:75px;"> </td></tr><tr style="height: 17px"><td style="width: 531px; text-align:left;border-color:#000000;min-width:531px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;"> BPP</font><font style="font-size: 7pt;"><sup></sup></font></td><td style="width: 13px; text-align:right;border-color:#000000;min-width:13px;"> </td><td style="width: 75px; text-align:right;border-color:#000000;min-width:75px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;"> 709,824</font></td><td style="width: 13px; text-align:left;border-color:#000000;min-width:13px;"> </td><td style="width: 13px; text-align:right;border-color:#000000;min-width:13px;"> </td><td style="width: 75px; text-align:right;border-color:#000000;min-width:75px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;"> 778,416</font></td></tr><tr style="height: 17px"><td style="width: 531px; text-align:left;border-color:#000000;min-width:531px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;"> Other</font><font style="font-size: 7pt;"><sup></sup></font></td><td style="width: 13px; border-bottom-style:solid;border-bottom-width:1px;text-align:right;border-color:#000000;min-width:13px;"> </td><td style="width: 75px; border-bottom-style:solid;border-bottom-width:1px;text-align:right;border-color:#000000;min-width:75px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;"> 127,268</font></td><td style="width: 13px; text-align:left;border-color:#000000;min-width:13px;"> </td><td style="width: 13px; border-bottom-style:solid;border-bottom-width:1px;text-align:right;border-color:#000000;min-width:13px;"> </td><td style="width: 75px; border-bottom-style:solid;border-bottom-width:1px;text-align:right;border-color:#000000;min-width:75px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;"> 133,615</font></td></tr><tr style="height: 17px"><td style="width: 531px; text-align:left;border-color:#000000;min-width:531px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;"> Total Apollo Global</font><font style="font-size: 7pt;"><sup></sup></font></td><td style="width: 13px; text-align:right;border-color:#000000;min-width:13px;"> </td><td style="width: 75px; text-align:right;border-color:#000000;min-width:75px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;"> 837,092</font></td><td style="width: 13px; text-align:left;border-color:#000000;min-width:13px;"> </td><td style="width: 13px; text-align:right;border-color:#000000;min-width:13px;"> </td><td style="width: 75px; text-align:right;border-color:#000000;min-width:75px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;"> 912,031</font></td></tr><tr style="height: 17px"><td style="width: 531px; text-align:left;border-color:#000000;min-width:531px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;"> Other Schools</font><font style="font-size: 7pt;"><sup></sup></font></td><td style="width: 13px; text-align:right;border-color:#000000;min-width:13px;"> </td><td style="width: 75px; text-align:right;border-color:#000000;min-width:75px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;"> 51,218</font></td><td style="width: 13px; text-align:left;border-color:#000000;min-width:13px;"> </td><td style="width: 13px; text-align:right;border-color:#000000;min-width:13px;"> </td><td style="width: 75px; text-align:right;border-color:#000000;min-width:75px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;"> 52,100</font></td></tr><tr style="height: 17px"><td style="width: 531px; text-align:left;border-color:#000000;min-width:531px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;"> Insight Schools</font><font style="font-size: 7pt;"><sup> (1)</sup></font></td><td style="width: 13px; text-align:right;border-color:#000000;min-width:13px;"> </td><td style="width: 75px; text-align:right;border-color:#000000;min-width:75px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;"> -</font></td><td style="width: 13px; text-align:left;border-color:#000000;min-width:13px;"> </td><td style="width: 13px; text-align:right;border-color:#000000;min-width:13px;"> </td><td style="width: 75px; text-align:right;border-color:#000000;min-width:75px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;"> 26,590</font></td></tr><tr style="height: 17px"><td style="width: 531px; text-align:left;border-color:#000000;min-width:531px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;"> Corporate</font><font style="font-size: 7pt;"><sup></sup></font></td><td style="width: 13px; text-align:right;border-color:#000000;min-width:13px;"> </td><td style="width: 75px; text-align:right;border-color:#000000;min-width:75px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;"> 1,023,602</font></td><td style="width: 13px; text-align:left;border-color:#000000;min-width:13px;"> </td><td style="width: 13px; text-align:right;border-color:#000000;min-width:13px;"> </td><td style="width: 75px; text-align:right;border-color:#000000;min-width:75px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;"> 1,160,654</font></td></tr><tr style="height: 18px"><td style="width: 531px; text-align:left;border-color:#000000;min-width:531px;"><font style="FONT-WEIGHT: bold;FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;">Total assets</font><font style="font-size: 7pt;"><sup></sup></font></td><td style="width: 13px; border-top-style:solid;border-top-width:1px;border-bottom-style:double;border-bottom-width:3px;text-align:right;border-color:#000000;min-width:13px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: right;">$</font></td><td style="width: 75px; border-top-style:solid;border-top-width:1px;border-bottom-style:double;border-bottom-width:3px;text-align:right;border-color:#000000;min-width:75px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;"> 3,000,571</font></td><td style="width: 13px; text-align:left;border-color:#000000;min-width:13px;"> </td><td style="width: 13px; border-top-style:solid;border-top-width:1px;border-bottom-style:double;border-bottom-width:3px;text-align:right;border-color:#000000;min-width:13px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: right;">$</font></td><td style="width: 75px; border-top-style:solid;border-top-width:1px;border-bottom-style:double;border-bottom-width:3px;text-align:right;border-color:#000000;min-width:75px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;"> 3,263,377</font></td></tr><tr style="height: 18px"><td style="width: 531px; text-align:left;border-color:#000000;min-width:531px;"> <font style="font-size: 7pt;"><sup></sup></font></td><td style="width: 13px; text-align:right;border-color:#000000;min-width:13px;"> </td><td style="width: 75px; text-align:left;border-color:#000000;min-width:75px;"> </td><td style="width: 13px; text-align:left;border-color:#000000;min-width:13px;"> </td><td style="width: 13px; text-align:right;border-color:#000000;min-width:13px;"> </td><td style="width: 75px; text-align:left;border-color:#000000;min-width:75px;"> </td></tr><tr style="height: 17px"><td colspan="7" style="width: 755px; text-align:left;border-color:#000000;min-width:755px;"><sup><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;">(1) </font></sup><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 9pt;COLOR: #000000;">Insight Schools' assets are held for sale and included in our Corporate caption as of February 28, 2010 in our Condensed Consolidated Balance Sheets. Please refer to Note 3, Discontinued Operations, for further discussion.</font></td></tr></table></div>