FAIR VALUE MEASUREMENTS (Tables)

3 Months Ended

Sep. 30, 2014

Assets Measured at Fair Value on Recurring Basis

The following tables present DeVry Group’s assets and liabilities at June 30, 2014, that are measured at fair value on a recurring basis and are categorized using the fair value hierarchy (dollars in thousands).

	Level 1		Level 2		Level 3
Cash and Cash Equivalents	$	473,108	$	-	$	-
Available for Sale Investments:
Marketable Securities, short-term		3,414		-		-
Total Financial Assets at Fair Value	$	476,522	$	-	$	-

Roll-Forward of Assets Measured at Fair Value using Level Three Inputs

As of and for the three months ended September 30, 2014, there were no assets or liabilities measured at fair value using Level 3 inputs. Below is a roll-forward of accrued contingent liabilities measured at fair value using Level 3 inputs for the three months ended September 30, 2013 (dollars in thousands). The amount recorded as foreign currency translation gain for the three months ended September 30, 2013 is classified as student services and administrative expense in the Consolidated Statements of Income (Loss).

	Accrued
	Expenses
Balance at June 30, 2013	$	2,509
Total Unrealized Gains (Losses) Included in AOCI:
Foreign Currency Translation Changes		10
Balance at September 30, 2013	$	2,519