Summary of Significant Accounting Policies (Tables)

3 Months Ended

Mar. 31, 2013

Schedule of Operating Expenses as Previously Reported and as Reclassified

The following table presents our operating expenses as previously reported and as reclassified on our Consolidated Income Statement for each of the quarters in 2012.


	2012
	First Quarter As Reported		First Quarter As Reclassified		Second Quarter As Reported		Second Quarter As Reclassified
Costs and expenses:
Instructional costs and services	$	50,824	$	50,824	$	53,406	$	53,406
Admissions advisory and related		—		19,991		—		20,369
Advertising		—		13,639		—		11,467
Marketing and promotional		—		929		—		919
Selling and promotional		34,559		—		32,755		—
General and administrative		7,544		7,544		7,701		7,701

Total costs and expenses	$	92,927	$	92,927	$	93,862	$	93,862


	2012
	Third Quarter As Reported		Third Quarter As Reclassified		Fourth Quarter As Reported		Fourth Quarter As Reclassified
Costs and expenses:
Instructional costs and services	$	57,354	$	57,354	$	58,819	$	58,819
Admissions advisory and related		—		22,342		—		23,215
Advertising		—		12,909		—		13,008
Marketing and promotional		—		1,199		—		1,313
Selling and promotional		36,450		—		37,536		—
General and administrative		8,561		8,561		11,696		11,696

Total costs and expenses	$	102,365	$	102,365	$	108,051	$	108,051

- Definition

Tabular disclosure of prior period adjustments to previously issued financial statements including (1) the effect of the correction on each financial statement line item and any per-share amounts affected for each prior period presented (2) the cumulative effect of the change on retained earnings or other appropriate components of equity or net assets in the statement of financial position, as of the beginning of the earliest period presented, and (3) the effect of the prior period adjustments (both gross and net of applicable income tax) on the net income of each prior period presented in the entity's annual report for the year in which the adjustments are made.

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