DeVry's principal business is providing secondary and post-secondary education. The services of our operations are described in more detail in "Note 1- Nature of Operations." DeVry presents three reportable segments: "Business, Technology and Management", which includes DeVry University undergraduate and graduate operations; "Medical and Healthcare" which includes the operations of Ross University medical and veterinary schools, Chamberlain College of Nursing and Carrington; "International, K-12 and Professional Education", which includes the operations of DeVry Brasil, AAI and the professional exam review and training operations of Becker Professional Review.

These segments are consistent with the method by which the Chief Operating Decision Maker (DeVry's President and CEO) evaluates performance and allocates resources. Performance evaluations are based, in part, on each segment's operating income, which is defined as income before interest income and expense, amortization, non-controlling interest and income taxes. Intersegment sales are accounted for at amounts comparable to sales to nonaffiliated customers and are eliminated in consolidation. The accounting policies of the segments are the same as those described in "Note 2 — Summary of Significant Accounting Policies."

The segments described above have changed from those previously reported, effective with the beginning of the fourth quarter of fiscal year 2011. The two largest segments, Business, Technology and Management and Medical and Healthcare, remained unchanged and consist of our two U.S. postsecondary educational segments. The former Other Educational Services segment was combined with the former Professional Education segment to create the International, K-12 and Professional Education segment. The combining of the former Professional Education and Other Educational Services segments reflects the realignment of DeVry's management structure with DeVry Brasil, Advanced Academics and Becker Professional Education reporting to one executive. The new segment structure is consistent with how the Chief Operating Decision Maker evaluates performance and allocates resources to DeVry's operating segments. In addition, the new structure combines those educational institutions outside of our United States postsecondary educational segments into one segment.

The consistent measure of segment operating income excludes interest income and expense, amortization and certain corporate-related depreciation and expenses. As such, these items are reconciling items in arriving at income before income taxes. The consistent measure of segment assets excludes deferred income tax assets and certain depreciable corporate assets. Additions to long-lived assets have been measured in this same manner. Reconciling items are included as corporate assets.

Following is a tabulation of business segment information based on the current segmentation for each of the years ended June 30, 2011, 2010 and 2009. Corporate information is included where it is needed to reconcile segment data to the consolidated financial statements.

			For the Year Ended June 30,
Revenues:			2011		2010		2009
	Business, Technology and Management	$	1,460,146	$	1,263,553	$	989,472
	Medical and Healthcare		558,335		507,037		362,715
	International, K-12 and Professional Education		163,890		144,591		109,266
	Total Consolidated Revenues	$	2,182,371	$	1,915,181	$	1,461,453
Operating Income:
	Business, Technology and Management	$	359,403	$	291,060	$	126,909
	Medical and Healthcare		106,965		111,081		91,651
	International, K-12 and Professional Education		32,684		19,882		29,669
Reconciling Items:
	Amortization Expense		(6,103)		(10,812)		(10,476)
	Depreciation and Other		1,226		(309)		(2,920)
	Total Consolidated Operating Income	$	494,175	$	410,902	$	234,833
Interest and Other Income (Expense):
	Interest Income	$	1,539	$	2,080	$	5,251
	Interest Expense		(1,282)		(1,585)		(2,775)
	Net Investment Gain		-		1,225		43
	Net Interest and Other Income (Expense)		257		1,720		2,519
	Total Consolidated Income Before Income Taxes	$	494,432	$	412,622	$	237,352
Segment Assets:
	Business, Technology and Management	$	446,810	$	406,505	$	434,443
	Medical and Healthcare		1,036,834		939,854		792,075
	International, K-12 and Professional Education		238,733		196,813		182,557
	Corporate		128,126		84,654		25,224
	Total Consolidated Assets	$	1,850,503	$	1,627,826	$	1,434,299
Additions to Long-lived Assets:
	Business, Technology and Management	$	55,726	$	55,458	$	45,683
	Medical and Healthcare		40,590		26,453		358,096
	International, K-12 and Professional Education		23,844		6,242		53,501
	Corporate		25,865		42,856		-
	Total Consolidated Additions to Long-lived Assets	$	146,025	$	131,009	$	457,280
Reconciliation to Consolidated Financial Statements:
	Capital Expenditures	$	135,726	$	131,009	$	74,044
	Increase in Capital Assets from Acquisitions		23		-		33,973
	Increase in Intangible Assets and Goodwill		10,276		-		349,263
	Total Increase in Consolidated Long-lived Assets	$	146,025	$	131,009	$	457,280
Depreciation Expense:
	Business, Technology and Management	$	26,572	$	32,814	$	27,644
	Medical and Healthcare		17,025		14,591		10,376
	International, K-12 and Professional Education		4,066		3,139		1,158
	Corporate		10,370		681		647
	Total Consolidated Depreciation	$	58,033	$	51,225	$	39,825
Intangible Asset Amortization Expense:
	Medical and Healthcare		420		4,750		7,598
	International, K-12 and Professional Education		5,683		6,062		2,878
	Total Consolidated Amortization	$	6,103	$	10,812	$	10,476

In January 2009, DeVry bought out the lease on approximately 40% of the space it occupied at its DeVry University campus in Long Island City, New York. As a result, DeVry recorded a pre-tax charge of approximately $4.0 million. The charge is composed of a $2.7 million cash outlay and a non-cash charge of $1.3 million related to the write-off of leasehold improvements, net of a deferred rent credit. This loss is included in operating income of the current Business, Technology and Management reportable segment and the previous DeVry University reportable segment.

DeVry conducts its educational operations in the United States, Canada, the Caribbean countries of Dominica and St. Kitts/Nevis, Brazil, Europe, the Middle East and the Pacific Rim. Other international revenues, which are derived principally from Brazil and Canada, were less than 5% of total revenues for the years ended June 30, 2011, 2010 and 2009. Revenues and long-lived assets by geographic area are as follows:

				For the Year Ended June 30,
				2011		2010		2009
Revenue from Unaffiliated Customers:
	Domestic Operations		$	1,913,328	$	1,669,517	$	1,281,875
	International Operations:
		Dominica and St. Kitts/Nevis		205,409		193,024		161,361
		Other		63,634		52,640		18,217
		Total International		269,043		245,664		179,578
	Consolidated		$	2,182,371	$	1,915,181	$	1,461,453
Long-lived Assets:
	Domestic Operations		$	792,482	$	730,710	$	663,689
	International Operations:
		Dominica and St. Kitts/Nevis		347,441		331,682		324,112
		Other		85,930		65,787		61,051
		Total International		433,371		397,469		385,163
	Consolidated		$	1,225,853	$	1,128,179	$	1,048,852