XML 33 R28.htm IDEA: XBRL DOCUMENT v2.4.0.6
Goodwill and Intangible Assets (Tables)
3 Months Ended
Nov. 30, 2011
Goodwill And Intangible Assets (Tables) [Abstract]  
Changes in goodwill
Goodwill represents the excess of the purchase price over the fair value assigned to the assets acquired and liabilities assumed. Changes in the carrying amount of goodwill from August 31, 2011 to November 30, 2011 are as follows:
 
 
 
Apollo Global
 
 
 
 
 
University of
 
 
 
 
 
Other
 
Total
($ in thousands)
Phoenix
 
BPP
 
Other
 
Schools
 
Goodwill
Goodwill as of August 31, 2011
$
37,018

 
$
50,694

 
$
30,275

 
$
15,310

 
$
133,297

Goodwill acquired(1)
34,794

 

 

 

 
34,794

Impairment(2)

 

 
(11,912
)
 

 
(11,912
)
Currency translation adjustment

 
(3,529
)
 
(3,011
)
 

 
(6,540
)
Goodwill as of November 30, 2011
$
71,812

 
$
47,165

 
$
15,352

 
$
15,310

 
$
149,639

Intangible assets
Intangible assets, net consists of the following as of November 30, 2011 and August 31, 2011:
 
November 30, 2011
 
August 31, 2011
($ in thousands)
Gross
Carrying Amount
 
Accumulated Amortization
 
Effect of Foreign
Currency Translation Loss
 
Net
Carrying Amount
 
Gross
Carrying Amount
 
Accumulated Amortization
 
Effect of Foreign
Currency Translation Loss
 
Net
Carrying Amount
Finite-lived intangible assets
 

 
 

 
 

 
 

 
 

 
 

 
 

 
 

Software and technology(1)
$
42,389

 
$
(1,837
)
 
$

 
$
40,552

 
$
3,600

 
$
(3,450
)
 
$

 
$
150

Student and customer relationships(1)
14,109

 
(3,298
)
 
(1,526
)
 
9,285

 
9,477

 
(6,538
)
 
(1,284
)
 
1,655

Copyrights
20,891

 
(12,995
)
 
(868
)
 
7,028

 
20,891

 
(11,521
)
 
(422
)
 
8,948

Other(2)
12,878

 
(8,700
)
 
(1,196
)
 
2,982

 
15,102

 
(9,049
)
 
(1,166
)
 
4,887

Total finite-lived intangible assets
90,267

 
(26,830
)
 
(3,590
)
 
59,847

 
49,070

 
(30,558
)
 
(2,872
)
 
15,640

Indefinite-lived intangible assets
 

 
 

 
 

 
 

 
 

 
 

 
 

 
 

Trademarks(1), (2)
108,961

 

 
(5,926
)
 
103,035

 
98,849

 

 
(737
)
 
98,112

Accreditations and designations(2)
7,260

 

 
(574
)
 
6,686

 
7,456

 

 
(91
)
 
7,365

Total indefinite-lived intangible assets
116,221

 

 
(6,500
)
 
109,721

 
106,305

 

 
(828
)
 
105,477

Total intangible assets, net
$
206,488

 
$
(26,830
)
 
$
(10,090
)
 
$
169,568

 
$
155,375

 
$
(30,558
)
 
$
(3,700
)
 
$
121,117