FAIR VALUE MEASUREMENTS (Tables)

12 Months Ended

Jun. 30, 2012

Assets Measured at Fair Value on Recurring Basis

The following tables present DeVry’s assets at June 30, 2012, 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	$	174,076	$	—	$	—
Available for Sale Investments:
Marketable Securities, short-term		2,632		—		—
ATC Earn-out Liability		—		—		4,361
Total Financial Assets at Fair Value	$	176,708	$	—	$	4,361

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

Below is a roll-forward of assets measured at fair value using Level 3 inputs for the twelve months ended June 30, 2012 (dollars in thousands). The amount recorded as interest expense in fiscal 2012 is classified in the Interest and Other (Expense) Income section of the Consolidated Statements of Income. The amount recorded as foreign currency translation gain is classified as student services and administrative expense in the Consolidated Statements of Income.

	Long-Term Liabilities
	For the Year Ended June 30, 2012
Balance at Beginning of Period	$	4,352
Total Realized (Gains) Losses Included in Income:
Interest Expense Accretion		264
Foreign Currency Translation Gain		(255	)
Balance at June 30, 2012	$	4,361