
	Revenue						Operating Income (Loss)
	For the Quarters Ended September 30,						For the Quarters Ended September 30,
	2011			2010			2011			2010
	(Dollars in thousands)
CTU ⁽¹⁾	$	100,477		$	116,311		$	16,755		$	32,414
AIU⁽²⁾		85,787			113,119			12,430			23,252
Health Education		102,195			110,421			(3,632	)		12,820
Culinary Arts⁽³⁾		73,686			108,305			3,800			(23,867	)
Art & Design		49,686			61,082			2,557			9,158
International		19,567			15,061			(7,151	)		(6,740	)
Corporate and Other		(84	)		(157	)		(8,965	)		(7,530	)

Total	$	431,314		$	524,142		$	15,794		$	39,507


	Revenue						Operating Income (Loss)
	For the Years to Date Ended September 30,						For the Years to Date Ended September 30,
	2011			2010			2011			2010
CTU ⁽¹⁾	$	330,603		$	342,079		$	87,016		$	94,278
AIU⁽²⁾		288,092			349,934			66,384			96,054
Health Education		328,329			322,256			11,379			35,434
Culinary Arts⁽³⁾		248,718			293,881			30,741			(3,267	)
Art & Design		170,962			186,270			20,627			22,663
International		105,509			87,378			12,371			9,689
Corporate and Other ⁽⁴⁾		(345	)		(491	)		(16,809	)		(29,146	)

Total	$	1,471,868		$	1,581,307		$	211,709		$	225,705


							Total Assets as of ⁽⁵⁾
							September 30, 2011			December 31, 2010
							(Dollars in thousands)
CTU ⁽⁶⁾							$	74,992		$	52,566
AIU ⁽⁶⁾								78,524			112,159
Health Education								251,770			283,558
Culinary Arts								324,051			339,848
Art & Design								80,170			91,514
International								281,105			269,723
Corporate and Other								418,012			396,714
Discontinued Operations								23,712			25,797

Total							$	1,532,336		$	1,571,879

(1)	During the third quarter 2011, CTU recorded an accrual of $5.0 million within administrative expense for an estimate for potential reimbursements of government funds.

(2)	During the third quarter 2010, AIU recorded $7.0 million of legal expense related to the settlements of legal matters.

(3)

During the third quarter 2010, Culinary Arts recorded a $40.0 million charge related to the settlement of a legal matter. For the first and third quarters 2010, Culinary Arts recorded $3.2 million and $7.3 million, respectively, of additional bad debt expense for increases in reserve rates related to our extended payment plan programs.

(4)

Year to date September 30, 2011 includes a $7.0 million insurance recovery related to previously settled legal matters. The prior year to date included a $2.4 million lease termination charge related to our former corporate headquarters and a $4.1 million charge for an increase in the allowance for doubtful accounts related to our previously terminated recourse loan program.

(5)	Total assets do not include the following intercompany activity: receivable or payable activity between schools and corporate and investments in subsidiaries.

(6)	During the first quarter of 2011 in conjunction with the segment reorganization, $27.9 million of the goodwill balance attributable to the former University reporting unit was reclassified from AIU to CTU, in accordance with FASB ASC Topic 350—Intangibles—Goodwill and Other.