SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)

12 Months Ended

Jun. 30, 2012

Available-For-Sale Marketable Securities

The following is a summary of our available-for-sale marketable securities at June 30, 2012 (dollars in thousands):

	Gross Unrealized
	Cost		(Loss)			Gain		Fair Value
Marketable Securities:
Bond Mutual Fund	$	949	$	—		$	87	$	1,036
Stock Mutual Funds		2,033		(437	)		—		1,596
Total Marketable Securities	$	2,982	$	(437	)	$	87	$	2,632

Reconciliation of Non-Controlling Interest Balance

The following is a reconciliation of the non-controlling interest balance (in thousands):

	Year Ended June 30,
	2012		2011
Balance at Beginning of Period	$	6,755	$	5,007
Net Income Attributable to Non-controlling Interest		816		427
Accretion of Non-controlling Interest Put Option		671		1,321
Balance at End of Period	$	8,242	$	6,755

Reconciliation of Basic Shares to Diluted Shares

The following is a reconciliation of basic shares to diluted shares (amounts in thousands).

	Years Ended June 30,
	2012		2011		2010
Weighted Average Shares Outstanding		66,752		69,608		71,140
Unvested participating Restricted Shares		424		295		192
Basic Shares		67,176		69,903		71,332
Effect of Dilutive Stock Options		529		717		935
Diluted Shares		67,705		70,620		72,267

Accumulated Other Comprehensive Income

The following are the amounts recorded in Accumulated Other Comprehensive (Loss) Income for the years ended June 30, 2012, 2011 and 2010 (dollars in thousands).

	Year Ended June 30,
	2012			2011		2010
Balance at Beginning of Period	$	15,729		$	9,896	$	7,157
Net Unrealized Investment (Losses) Gains		(10	)		187		116
Translation Adjustments:
Attributable to DeVry Inc.		(17,793	)		4,411		1,970
Attributable to Non-controlling Interest		(3,815	)		1,235		653
Balance at End of Period	$	(5,889	)	$	15,729	$	9,896