Restructuring and Other Charges (Tables)

9 Months Ended

May 31, 2012

Restructuring and Other Charges (Tables) [Abstract]

The following table details the charges incurred for the three and nine months ended May 31, 2012 and 2011, and the cumulative costs associated with these activities, which have all been included in restructuring and other charges on our Condensed Consolidated Statements of Income:



	Three Months Ended May 31,				Nine Months Ended May 31,				Cumulative Costs for Restructuring Activities
($ in thousands)	2012		2011		2012		2011		Cumulative Costs for Restructuring Activities
Non-cancelable lease obligations and related costs, net⁽¹⁾	$	535	$	—	$	22,245	$	—	$	41,312
Employee severance and other benefits	2,681		—		2,681		3,846		6,527
Other restructuring related costs	4,361		—		4,361		—		4,361
Restructuring and other charges	$	7,577	$	—	$	29,287	$	3,846	$	52,200

⁽¹⁾ Non-cancelable lease obligations and related costs, net includes charges associated with the fair value of our future contractual lease obligations and interest accretion on our lease obligation liabilities, and is partially offset by the release of certain liabilities related to the leases such as deferred rent.

The following table summarizes the above restructuring and other charges in our segment reporting format:



	Three Months Ended May 31,				Nine Months Ended May 31,				Cumulative Costs for Restructuring Activities
($ in thousands)	2012		2011		2012		2011		Cumulative Costs for Restructuring Activities
University of Phoenix	$	535	$	—	$	22,245	$	3,846	$	45,158
Apollo Global — Other	2,681		—		2,681		—		2,681
Corporate	4,361		—		4,361		—		4,361
Restructuring and other charges	$	7,577	$	—	$	29,287	$	3,846	$	52,200

The following table details the changes in our restructuring liability by type of cost during the nine months ended May 31, 2012:



($ in thousands)	Non-Cancelable Lease Obligations and Related Costs, Net			Employee Severance and Other Benefits			Other Restructuring Related Costs			Total
Balance at August 31, 2011⁽¹⁾	$	17,802		$	—		$	—		$	17,802
Expense incurred	22,692			2,681			4,361			29,734
Interest accretion	1,368			—			—			1,368
Payments	(6,391		)	(2,681		)	(654		)	(9,726		)
Balance at May 31, 2012⁽¹⁾	$	35,471		$	—		$	3,707		$	39,178

⁽¹⁾The current portion of our restructuring liability was $16.2 million and $3.2 million as of May 31, 2012 and August 31, 2011, respectively.

- Definition

Tabular disclosure of restructuring and related costs by type of restructuring including the description of the restructuring costs, such as the expected cost; the costs incurred during the period; the cumulative costs incurred as of the balance sheet date; the income statement caption within which the restructuring charges recognized for the period are included; and changes to an entity's restructuring reserve that occurred during the period associated with the exit from or disposal of business activities or restructurings for each major type of cost.

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