XML 69 R4.htm IDEA: XBRL DOCUMENT v2.4.0.6
Consolidated Statements Of Operations (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended 12 Months Ended
Jun. 30, 2012
Mar. 31, 2012
Dec. 31, 2011
Sep. 30, 2011
Jun. 30, 2011
Mar. 31, 2011
Dec. 31, 2010
Sep. 30, 2010
Jun. 30, 2010
Mar. 31, 2010
Dec. 31, 2009
Sep. 30, 2009
Jun. 30, 2012
Jun. 30, 2011
Jun. 30, 2010
Net revenues $ 639,185 $ 702,499 $ 737,188 $ 682,095 $ 695,391 $ 754,340 $ 771,866 $ 666,032 $ 650,757 $ 667,896 $ 655,469 $ 534,399 $ 2,760,967 $ 2,887,629 $ 2,508,521
Costs and expenses:                              
Educational services                         1,504,378 1,480,776 1,267,106
General and administrative                         760,841 759,099 667,191
Management fees paid to affiliates                         0 0 32,055
Depreciation and amortization                         158,663 146,480 123,359
Goodwill and indefinite-lived intangible asset impairments (Note 5)                         1,746,765 0 0
Total costs and expenses                         4,170,647 2,386,355 2,089,711
(Loss) Income before interest, loss on extinguishment of debt and income taxes                         (1,409,680) 501,274 418,810
Interest expense, net                         110,330 120,694 121,456
Loss on extinguishment of debt                         9,474 11,368 47,207
(Loss) Income before income taxes (1,234,550) (442,340) 103,291 44,115 58,103 113,457 138,432 59,220 80,932 109,252 34,540 25,423 (1,529,484) 369,212 250,147
Provision for income taxes (benefit) expense                         (13,743) 139,704 81,641
Net (loss) income $ (1,188,706) $ (417,116) $ 63,127 $ 26,954 $ 34,799 $ 72,983 $ 85,278 $ 36,448 $ 47,900 $ 84,570 $ 20,274 $ 15,762 $ (1,515,741) $ 229,508 $ 168,506
(Loss) Earnings per share: (Note 3)                              
Basic                         $ (11.97) $ 1.67 $ 1.23
Diluted $ (9.51) $ (3.31) $ 0.49 $ 0.21 $ 0.26 $ 0.53 $ 0.61 $ 0.25 $ 0.33 $ 0.59 $ 0.14 $ 0.13 $ (11.97) $ 1.66 $ 1.22
Weighted average number of shares outstanding: (Note 3)                              
Basic                         126,659 137,376 136,917
Diluted                         126,659 138,316 137,667