BUSINESS COMBINATIONS (Tables)

12 Months Ended

Jun. 30, 2012

Estimated Fair Values of Assets Acquired and Liabilities Assumed

The following table summarizes the estimated fair values of the assets acquired and liabilities assumed at the date of acquisition (dollars in thousands).

	At April 2, 2012
Current Assets	$	670
Property and Equipment		41
Intangible Assets		2,260
Goodwill		3,699
Total Assets Acquired		6,670
Liabilities Assumed		1,288
Net Assets Acquired	$	5,382

Acquired Intangible Assets Subject to Amortization and Values and Estimated Useful Lives

All of the acquired intangible assets have been determined to be subject to amortization with an average useful life of 5.8 years. Their values and estimated useful lives by asset type are as follows (dollars in thousands):

	At April 2, 2012
	Value Assigned		Estimated Useful Life
Trade Name	$	50	1 yr 6 months
Curriculum		870	5 yrs
Customer Relationships		400	10 yrs
Non-competition Agreements		940	5 yrs

ATC International

Estimated Fair Values of Assets Acquired and Liabilities Assumed

The following table summarizes the estimated fair values of the assets acquired and liabilities assumed at the date of acquisition (dollars in thousands).

	At April 30, 2011
Current Assets	$	2,534
Property and Equipment		23
Other Long-term Assets		61
Intangible Assets		4,639
Goodwill		5,010
Total Assets Acquired		12,267
Liabilities Assumed		7,513
Net Assets Acquired	$	4,754

Acquired Intangible Assets Subject to Amortization and Values and Estimated Useful Lives

The acquired intangible assets have all been determined to be subject to amortization with an average useful life of approximately 9.5 years. Their values and estimated useful lives by assets type are as follows (dollars in thousands):

	At April 30, 2011
	Value Assigned		Estimated Useful Lives
Customer Relationships	$	3,230		12 years
Curriculum and Course Materials		1,071		5 years
Trade Names and Trademarks		140		2 years
Non-Compete Agreements		116		2 years
Non-Compete Agreements		82		6 months

Faculdade Boa Viagem

Estimated Fair Values of Assets Acquired and Liabilities Assumed

The following table summarizes the estimated fair values of the assets acquired and liabilities assumed at the date of acquisition (dollars in thousands).

	At February 29, 2012
Current Assets	$	548
Property and Equipment		12,822
Intangible Assets		19,108
Goodwill		14,092
Total Assets Acquired		46,570
Liabilities Assumed		22,323
Net Assets Acquired	$	24,247

Acquired Intangible Assets Subject to Amortization and Values and Estimated Useful Lives

The remaining acquired intangible assets were determined to be subject to amortization with an average useful life of approximately 5.8 years. Their values and estimated useful lives by asset type are as follows (dollars in thousands):

	At February 29, 2012
	Value Assigned		Estimated Useful Lives
Student Relationships	$	3,174		6 years
Curriculum		133		2 years

American University Of Caribbean

Estimated Fair Values of Assets Acquired and Liabilities Assumed

The following table summarizes the estimated fair values of the assets acquired and liabilities assumed at the date of acquisition (dollars in thousands).

	At August 3, 2011
Current Assets	$	3,901
Land, Property and Equipment		35,125
Intangible Assets		131,400
Goodwill		68,321
Total Assets Acquired		238,747
Liabilities Assumed		12,844
Net Assets Acquired	$	225,903

Acquired Intangible Assets Subject to Amortization and Values and Estimated Useful Lives

The remaining acquired intangible asset was determined to be subject to amortization and its value and estimated useful life is as follows (dollars in thousands):

	At August 3, 2011
	Value Assigned		Estimated Useful Life
Student Relationships	$	14,300		4 years