CONSOLIDATED STATEMENTS OF INCOME AND COMPREHENSIVE INCOME (USD $) In Thousands, except Per Share data, unless otherwise specified	12 Months Ended
	Dec. 31, 2012		Dec. 31, 2011		Dec. 31, 2010
REVENUE:
Tuition and registration fees	$ 1,460,959		$ 1,816,746		$ 1,990,139
Other	28,310		56,623		79,414
Total revenue	1,489,269	[1]	1,873,369	[1]	2,069,553
OPERATING EXPENSES:
Educational services and facilities	571,169		626,158		617,421
General and administrative	894,185		932,643		1,070,691
Depreciation and amortization	80,658		82,350		68,667
Goodwill and asset impairment	127,007		191,524		70,429
Total operating expenses	1,673,019		1,832,675		1,827,208
Operating (loss) income	(183,750)	[1]	40,694	[1]	242,345
OTHER INCOME (EXPENSE):
Interest income	1,826		1,376		1,138
Interest expense	(271)		(563)		(381)
Miscellaneous income (expense)	483		1,972		(484)
Total other income	2,038		2,785		273
PRETAX (LOSS) INCOME	(181,712)		43,479		242,618
(Benefit from) provision for income taxes	(46,806)		46,740		78,948
(LOSS) INCOME FROM CONTINUING OPERATIONS	(134,906)		(3,261)		163,670
(LOSS) INCOME FROM DISCONTINUED OPERATIONS, net of tax	(7,890)		21,834	[2]	(5,897)
NET (LOSS) INCOME	(142,796)		18,573		157,773
OTHER COMPREHENSIVE INCOME (LOSS), net of tax:
Foreign currency translation adjustments	503		(5,015)		(8,577)
Unrealized (losses) gains on investments	(152)		(40)		88
Total other comprehensive income (loss)	351		(5,055)		(8,489)
COMPREHENSIVE (LOSS) INCOME	$ (142,445)		$ 13,518		$ 149,284
NET (LOSS) INCOME PER SHARE-BASIC:
(Loss) income from continuing operations	$ (2.03)		$ (0.04)		$ 2.05
(Loss) income from discontinued operations	$ (0.12)		$ 0.29		$ (0.08)
Net (loss) income per share	$ (2.15)	[3]	$ 0.25	[3]	$ 1.97
NET (LOSS) INCOME PER SHARE-DILUTED:
(Loss) income from continuing operations	$ (2.03)		$ (0.04)		$ 2.02
(Loss) income from discontinued operations	$ (0.12)		$ 0.29		$ (0.07)
Net (loss) income per share	$ (2.15)	[3]	$ 0.25	[3]	$ 1.95
WEIGHTED AVERAGE SHARES OUTSTANDING:
Basic	66,475		74,498		79,902
Diluted	66,475		74,498		80,850

[1] As of December 31, 2012, the results of operations for LCB Pittsburgh, along with our campuses that had previously ceased operations or were sold, are presented within discontinued operations for all periods presented.

[2] During the year ended December 31, 2011, we completed the sale of our Istituto Marangoni schools in Milan, Paris and London. As a result of that transaction we recorded a pretax gain of approximately $27.1 million. The income tax benefit for fiscal 2011 included $0.3 million of income tax expense related to this sale. The tax gain related to this transaction was significantly less than the gain reflected within the income before income tax for fiscal 2011 due to the $20.2 million of goodwill which was allocated to the remainder of the International reporting unit for book purposes, but which was included in the net assets sold for purposes of calculating the taxable gain.

[3] Basic and diluted earnings per share are calculated independently for each of the quarters presented. Accordingly, the sum of the quarterly earnings per share amounts may not agree with the annual earnings per share amount for the corresponding year.