FAIR VALUE MEASUREMENTS (Tables)

6 Months Ended

Dec. 31, 2014

Assets Measured at Fair Value on Recurring Basis

The following tables present DeVry Group’s assets and liabilities at December 31, 2014, that are measured at fair value on a recurring basis and are categorized using the fair value hierarchy (in thousands).

	Level 1		Level 2		Level 3
Cash and Cash Equivalents	$	379,965	$	-	$	-
Available for Sale Investments:
Marketable Securities, short-term		3,520		-		-
Total Financial Assets at Fair Value	$	383,485	$	-	$	-

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

As of and for the six months ended December 31, 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 and six months ended December 31, 2013 (dollars in thousands). The amount recorded as foreign currency translation gain for the three and six months ended December 31, 2013 is classified as student services and administrative expense in the Consolidated Statements of Income (Loss).

	Three Months Ended December 31,		Six Months Ended December 31,
	2013		2013
Balance at Beginning of Period	$	2,519	$	2,509
Total Realized Gains (Losses) Included in Income:
Foreign Currency Translation Changes		(148)		(138)
Balance at End of Period	$	2,371	$	2,371