<SEC-DOCUMENT>0001157523-18-000228.txt : 20180206
<SEC-HEADER>0001157523-18-000228.hdr.sgml : 20180206
<ACCEPTANCE-DATETIME>20180206160527
ACCESSION NUMBER:		0001157523-18-000228
CONFORMED SUBMISSION TYPE:	8-K
PUBLIC DOCUMENT COUNT:		2
CONFORMED PERIOD OF REPORT:	20180206
ITEM INFORMATION:		Results of Operations and Financial Condition
ITEM INFORMATION:		Financial Statements and Exhibits
FILED AS OF DATE:		20180206
DATE AS OF CHANGE:		20180206

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Adtalem Global Education Inc.
		CENTRAL INDEX KEY:			0000730464
		STANDARD INDUSTRIAL CLASSIFICATION:	SERVICES-EDUCATIONAL SERVICES [8200]
		IRS NUMBER:				363150143
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			0811

	FILING VALUES:
		FORM TYPE:		8-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-13988
		FILM NUMBER:		18577649

	BUSINESS ADDRESS:	
		STREET 1:		500 WEST MONROE
		STREET 2:		28TH FLOOR
		CITY:			CHICAGO
		STATE:			IL
		ZIP:			60661
		BUSINESS PHONE:		630-515-7700

	MAIL ADDRESS:	
		STREET 1:		500 WEST MONROE
		STREET 2:		28TH FLOOR
		CITY:			CHICAGO
		STATE:			IL
		ZIP:			60661

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	Adtalem Global Education
		DATE OF NAME CHANGE:	20170522

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	Adtalem Global Education Inc.
		DATE OF NAME CHANGE:	20170519

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	Adtalem Global Education
		DATE OF NAME CHANGE:	20170519
</SEC-HEADER>
<DOCUMENT>
<TYPE>8-K
<SEQUENCE>1
<FILENAME>a51754378.htm
<DESCRIPTION>ADTALEM GLOBAL EDUCATION INC. 8-K
<TEXT>
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    <p style="text-align: center">
      <font style="font-family: Times New Roman; font-size: 18pt"><b>UNITED
      STATES</b></font><b><font style="font-family: Times New Roman; font-size: 18pt"><br style="font-family: Times New Roman; font-size: 18pt"></font><font style="font-family: Times New Roman; font-size: 18pt">SECURITIES
      AND EXCHANGE COMMISSION</font></b><br><font style="font-family: Times New Roman; font-size: 12pt"><b>Washington,
      D.C. 20549</b></font><br><font style="font-family: Times New Roman"><b>______________</b></font><br>
    </p>
    <p style="text-align: center">
      <font style="font-family: Times New Roman; font-size: 18pt"><b>FORM 8-K</b></font><br><font style="font-family: Times New Roman"><b>______________</b></font><br>
    </p>
    <p style="text-align: center">
      <br>
      <font style="font-family: Times New Roman; font-size: 12pt"><b>CURRENT
      REPORT</b></font><br><font style="font-family: Times New Roman; font-size: 12pt"><b>Pursuant
      to Section 13 or 15(d) of the Securities Exchange Act of 1934</b></font><br><br><font style="font-family: Times New Roman; font-size: 10pt"><b>Date
      of Report</b></font><font style="font-family: Times New Roman; font-size: 10pt"><br style="font-family: Times New Roman; font-size: 10pt"></font><font style="font-family: Times New Roman; font-size: 10pt"><b>(Date
      of earliest event reported)</b></font><br><br><font style="font-family: Times New Roman; font-size: 10pt"><b>February
      6, 2018</b></font><font style="font-family: Times New Roman; font-size: 10pt"><br style="font-family: Times New Roman; font-size: 10pt"></font><font style="font-family: Times New Roman"><b>______________</b></font><br><br>
    </p>
    <p style="text-align: center">
      <font style="font-size: 24pt"><b>ADTALEM GLOBAL EDUCATION INC.</b></font><br><font style="font-family: Times New Roman; font-size: 10pt"><b>(Exact
      name of registrant as specified in its charter)</b></font><br><font style="font-family: Times New Roman"><b>______________</b></font><br>
    </p>
    <div style="text-align:center">
    <table cellspacing="0" style="font-family: Times New Roman; margin-left:auto;margin-right:auto; margin-bottom: 10.0px; width: 100%; font-size: 10pt">
      <tr>
        <td style="text-align: center; width: 33%; padding-left: 0.0px" valign="bottom">
          <p style="margin-bottom: 0px; margin-top: 0px">
            <b>Delaware</b>
          </p>
        </td>
        <td style="text-align: center; white-space: nowrap; width: 34%; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          <p style="margin-bottom: 0px; margin-top: 0px">
            <b>1-13988</b>
          </p>
        </td>
        <td style="text-align: center; white-space: nowrap; width: 33%; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          <p style="margin-bottom: 0px; margin-top: 0px">
            <font style="font-family: Times New Roman; font-size: 10pt"><b>36-3150143</b></font>
          </p>
        </td>
      </tr>
      <tr>
        <td style="text-align: center; width: 33%; padding-left: 0.0px" valign="top">
          <p style="margin-bottom: 0px; margin-top: 0px">
            <b>(State of incorporation)</b>
          </p>
        </td>
        <td style="text-align: center; width: 34%; padding-left: 0.0px" valign="top">
          <p style="margin-bottom: 0px; margin-top: 0px">
            <b>(Commission File Number)</b>
          </p>
        </td>
        <td style="text-align: center; width: 33%; padding-left: 0.0px" valign="top">
          <p style="margin-bottom: 0px; margin-top: 0px">
            <b>(IRS Employer Identification No.)</b>
          </p>
        </td>
      </tr>
    </table>
    </div>
    <p>

    </p>
    <div style="text-align:center">
    <table cellspacing="0" style="font-family: Times New Roman; margin-left:auto;margin-right:auto; margin-bottom: 10.0px; width: 100%; font-size: 10pt">
      <tr>
        <td style="text-align: center; width: 50%; padding-left: 0.0px" valign="bottom">
          <p style="margin-bottom: 0px; margin-top: 0px">
            <b>500 West Monroe</b>
          </p>
          <p style="margin-bottom: 0px; margin-top: 0px">
            <b>Chicago, Illinois</b>
          </p>
        </td>
        <td style="text-align: center; white-space: nowrap; width: 50%; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          <p style="margin-bottom: 0px; margin-top: 0px">
            <b>60661</b>
          </p>
        </td>
      </tr>
      <tr>
        <td style="text-align: center; width: 50%; padding-left: 0.0px" valign="bottom">
          <p style="margin-bottom: 0px; margin-top: 0px">
            <font style="font-family: Times New Roman; font-size: 10pt"><b>(Address
            of principal executive offices)</b></font>
          </p>
        </td>
        <td style="text-align: center; width: 50%; padding-left: 0.0px" valign="bottom">
          <p style="margin-bottom: 0px; margin-top: 0px">
            <font style="font-family: Times New Roman; font-size: 10pt"><b>(Zip
            Code)</b></font>
          </p>
        </td>
      </tr>
    </table>
    </div>
    <p style="text-align: center">
      <font style="font-family: Times New Roman; font-size: 10pt"><b>(630) </b></font><b>515-7700</b><br><font style="font-family: Times New Roman"><b>(Registrant&#8217;s
      telephone number, including area code)</b></font><br><br><font style="font-family: Times New Roman"><b>N/A</b></font><br><font style="font-family: Times New Roman"><b>(Former
      name or former address, if changed since last report)</b></font><br>
    </p>
    <p style="text-align: center">
      <font style="font-family: Times New Roman"><b>______________</b></font><br>
    </p>
    <p>
      Check the appropriate box below if the Form 8-K filing is intended to
      simultaneously satisfy the filing obligation of the registrant under any
      of the following provisions (see General Instruction A.2. below):
    </p>
    <p>
      <font style="font-family: Arial Unicode MS; font-size: 10pt">&#8414;</font>
      <font style="font-family: Times New Roman; font-size: 10pt">Written
      communications pursuant to Rule 425 under the Securities Act (17 CFR
      230.425)</font>
    </p>
    <p>
      <font style="font-family: Arial Unicode MS; font-size: 10pt">&#8414;</font>
      <font style="font-family: Times New Roman; font-size: 10pt">Soliciting
      material pursuant to Rule 14a-12 under the Exchange Act (17 CFR
      240.14a-12)</font>
    </p>
    <p>
      <font style="font-family: Arial Unicode MS; font-size: 10pt">&#8414;</font>
      <font style="font-family: Times New Roman; font-size: 10pt">Pre-commencement
      communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR
      240.14d-2(b))</font>
    </p>
    <p>
      <font style="font-family: Arial Unicode MS; font-size: 10pt">&#8414;</font>
      <font style="font-family: Times New Roman; font-size: 10pt">Pre-commencement
      communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR
      240.13e-4(c))</font>
    </p>
    <p style="text-align: justify">
      Indicate by check mark whether the registrant is an emerging growth
      company as defined in Rule 405 of the Securities Act of 1933 (17 CPR
      &#167;230.405) or Rule 12b-2 of the Securities Exchange Act of 1934 (17 CFR
      &#167;240.12b-2).
    </p>
    <p>
      Emerging growth company&#160;&#160;<font style="font-family: Arial Unicode MS; font-size: 10pt">&#8414;</font>
    </p>
    <p>
      If an emerging growth company, indicate by check mark if the registrant
      has elected not to use the extended transition period for complying with
      any new or revised financial accounting standards provided pursuant to
      Section 13(a) of the Exchange Act.<font style="font-size: 10pt">&#160;&#160;</font><font style="font-family: Arial Unicode MS; font-size: 10pt">&#8414;</font>
    </p>
    <hr style="text-align: center; width: 100%; color: #000000; height: 1.0 pt">


    <p>

    </p>
    <div style="margin-bottom: 10pt; margin-right: 0pt; margin-left: 0pt; width: 100%; text-indent: 0pt">
      <div>
        <div style="text-align: left">

        </div>
      </div>
      <div style="page-break-after: always">
        <div style="text-align: center">

        </div>
        <div style="text-align: center">
          <hr style="color: black; height: 1.5pt">

        </div>
      </div>
      <div>
        <div style="text-align: right">

        </div>
      </div>
    </div>
    <hr style="text-align: center; width: 100%; color: #000000; height: 1.0 pt">


    <p>

    </p>
<div style="text-align:left">
    <table cellspacing="0" style="font-family: Times New Roman; margin-bottom: 10.0px; width: 100%; font-size: 10pt">
      <tr>
        <td style="text-align: left; width: 15%; padding-left: 0.0px" valign="top">
          <b>Item 2.02</b>
        </td>
        <td style="text-align: left; width: 85%; padding-left: 20.0px" valign="top">
          <b>Results of Operations and Financial Condition</b>
        </td>
      </tr>
    </table>
    </div>
    <p style="text-align: left; text-indent: 30.0px">
      On February 6, 2018, Adtalem Global Education Inc. (&#8220;Adtalem&#8221;) issued a
      press release announcing its fiscal 2018 second quarter operating and
      enrollment results.&#160;&#160;The press release is attached hereto as Exhibit
      99.1 to this Form 8-K.
    </p>
    <p style="text-align: left; text-indent: 30.0px">
      The information furnished pursuant to this Item 2.02, including Exhibit
      99.1, shall not be deemed &#8220;filed&#8221; for purposes of Section 18 of the
      Securities Exchange Act of 1934 (the &#8220;Exchange Act&#8221;) or otherwise
      subject to the liabilities under that Section and shall not be deemed to
      be incorporated by reference into any filing of Adtalem under the
      Securities Act of 1933 or the Exchange Act.
    </p>
    <p style="text-align: justify">
      <i>Forward Looking Statements </i>
    </p>
    <p style="text-align: justify; text-indent: 30.0px">
      Certain statements contained in this Form&#160;8-K and related press release,
      including those that affect Adtalem&#8217;s expectations or plans, may
      constitute forward-looking statements subject to the Safe Harbor
      Provision of the Private Securities Litigation Reform Act of 1995. These
      forward-looking statements generally can be identified by phrases such
      as Adtalem Global Education Inc. or its management &#8220;anticipates,&#8221;
      &#8220;believes,&#8221; &#8220;estimates,&#8221; &#8220;expects,&#8221; &#8220;forecasts,&#8221; &#8220;foresees,&#8221; &#8220;intends,&#8221;
      &#8220;plans&#8221; or other words or phrases of similar import.
    </p>
    <p style="text-align: justify; text-indent: 30.0px">
      Because these forward-looking statements involve risks and
      uncertainties, there are important factors that could cause Adtalem&#8217;s
      actual results to differ materially from those projected or implied by
      these forward-looking statements.&#160;&#160;Additional information regarding
      factors that could cause results to differ can be found in Adtalem&#8217;s
      Annual Report on Form 10-K for the fiscal year ended June 30, 2017, and
      its most recent Form 10-Q for the quarter ending December 31, 2017.
    </p>
    <p style="text-align: justify; text-indent: 30.0px">
      These forward-looking statements are based on information as of February
      6, 2018, and Adtalem assumes no obligation to publicly update or revise
      its forward-looking statements even if experience or future changes make
      it clear that any projected results expressed or implied therein will
      not be realized.<br><br><br>
    </p>
<div style="text-align:left">
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      <tr>
        <td style="text-align: left; width: 15%; padding-left: 0.0px" valign="top">
          <b>Item 9.01</b>
        </td>
        <td style="text-align: left; width: 85%; padding-left: 0.0px" valign="top">
          <b>Financial Statements and Exhibits</b>
        </td>
      </tr>
    </table>
    </div>
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    <table cellspacing="0" style="font-family: Times New Roman; margin-bottom: 10.0px; width: 100%; font-size: 10pt">
      <tr>
        <td style="width: 5%">

        </td>
        <td style="width: 95%">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="text-align: left; white-space: nowrap; width: 5%; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          99.1
        </td>
        <td style="text-align: left; width: 95%; padding-left: 0.0px" valign="bottom">
          Press Release dated February 6, 2018
        </td>
      </tr>
    </table>
    </div>
    <p>

    </p>
    <hr style="text-align: center; width: 100%; color: #000000; height: 1.0 pt">


    <p>

    </p>
    <div style="margin-bottom: 10pt; margin-right: 0pt; margin-left: 0pt; width: 100%; text-indent: 0pt">
      <div>
        <div style="text-align: left">

        </div>
      </div>
      <div style="page-break-after: always">
        <div style="text-align: center">

        </div>
        <div style="text-align: center">
          <hr style="color: black; height: 1.5pt">

        </div>
      </div>
      <div>
        <div style="text-align: right">

        </div>
      </div>
    </div>
    <p>

    </p>
    <p style="text-align: center">
      <font style="font-family: Times New Roman; font-size: 10pt"><b>SIGNATURES</b></font><br>
    </p>
    <p style="text-align: left; text-indent: 30.0px">
      <font style="font-family: Times New Roman; font-size: 10pt">Pursuant to
      the requirements of the Securities Exchange Act of 1934, the registrant
      has duly caused this report to be signed on its behalf by the
      undersigned hereunto duly authorized.</font>
    </p>
    <p style="text-align: left; margin-left: 30.0px">

    </p>
    <div style="text-align:center">
    <table cellspacing="0" style="font-family: Times New Roman; margin-left:auto;margin-right:auto; margin-bottom: 10.0px; width: 100%; font-size: 10pt">
      <tr>
        <td style="width: 5%">

        </td>
        <td style="width: 45%">

        </td>
        <td colspan="2" style="text-align: left; padding-left: 0.0px" valign="top">
          <p style="margin-bottom: 0px; margin-top: 0px">
            ADTALEM GLOBAL EDUCATION INC.
          </p>
        </td>
      </tr>
      <tr>
        <td style="width: 5%">

        </td>
        <td style="width: 45%">

        </td>
        <td colspan="2" style="text-align: left; padding-left: 0.0px" valign="top">
          (Registrant)
        </td>
      </tr>
      <tr>
        <td style="text-align: left; width: 5%; padding-left: 0.0px" valign="top">

        </td>
        <td style="width: 45%">

        </td>
        <td colspan="2">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-bottom: 2.0px; width: 5%; padding-left: 0.0px" valign="top">
          Date:
        </td>
        <td style="text-align: left; padding-bottom: 2.0px; width: 45%; padding-left: 0.0px" valign="top">
          <p style="margin-bottom: 0px; margin-top: 0px">
            February 6, 2018
          </p>
        </td>
        <td style="text-align: left; padding-bottom: 2.0px; width: 4%; padding-left: 0.0px" valign="top">
          By:
        </td>
        <td style="text-align: left; border-bottom-style: solid; border-bottom-color: black; width: 46%; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="top">
          <p style="margin-bottom: 0px; margin-top: 0px">
            /s/ Kathleen A. Carroll
          </p>
        </td>
      </tr>
      <tr>
        <td style="width: 5%">

        </td>
        <td style="width: 45%">

        </td>
        <td style="width: 4%">

        </td>
        <td style="text-align: left; width: 46%; padding-left: 0.0px" valign="top">
          <p style="margin-bottom: 0px; margin-top: 0px">
            Kathleen A. Carroll
          </p>
        </td>
      </tr>
      <tr>
        <td style="width: 5%">

        </td>
        <td style="width: 45%">

        </td>
        <td style="width: 4%">

        </td>
        <td style="text-align: left; width: 46%; padding-left: 0.0px" valign="top">
          <p style="margin-bottom: 0px; margin-top: 0px">
            Vice President, Controller
          </p>
        </td>
      </tr>
    </table>
    </div>
    <p>

    </p>
    <div style="margin-bottom: 10pt; margin-right: 0pt; margin-left: 0pt; width: 100%; text-indent: 0pt">
      <div>
        <div style="text-align: left">

        </div>
      </div>
      <div style="page-break-after: always">
        <div style="text-align: center">

        </div>
        <div style="text-align: center">
          <hr style="color: black; height: 1.5pt">

        </div>
      </div>
      <div>
        <div style="text-align: right">

        </div>
      </div>
    </div>
    <hr style="text-align: center; width: 100%; color: #000000; height: 1.0 pt">


    <p>

    </p>
    <p style="text-align: center">
      <b>EXHIBIT INDEX</b><br><br><br>
    </p>
<div style="text-align:left">
    <table cellspacing="0" style="font-family: Times New Roman; margin-bottom: 10.0px; width: 100%; font-size: 10pt">
      <tr>
        <td style="text-align: left; border-bottom-style: solid; border-bottom-color: black; width: 15%; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          <p style="margin-bottom: 0px; margin-top: 0px">
            <b>Exhibit Number</b>
          </p>
        </td>
        <td style="text-align: left; padding-bottom: 2.0px; width: 2%; padding-left: 0.0px" valign="top">
          &#160;
        </td>
        <td style="text-align: left; border-bottom-style: solid; border-bottom-color: black; width: 83%; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          <p style="margin-bottom: 0px; margin-top: 0px">
            <b>Description</b>
          </p>
        </td>
      </tr>
      <tr>
        <td style="text-align: left; white-space: nowrap; width: 15%; padding-right: 0.0px; padding-left: 0.0px" valign="top">
          <p style="margin-bottom: 0px; margin-top: 0px">
            <a href="a51754378ex99_1.htm">99.1</a>
          </p>
        </td>
        <td style="width: 2%">

        </td>
        <td style="text-align: left; width: 83%; padding-left: 0.0px" valign="bottom">
          <p style="margin-bottom: 0px; margin-top: 0px">
            <a href="a51754378ex99_1.htm">Press Release dated February 6, 2018</a>
          </p>
        </td>
      </tr>
    </table>
    </div>
    <p>

    </p>
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<DOCUMENT>
<TYPE>EX-99.1
<SEQUENCE>2
<FILENAME>a51754378ex99_1.htm
<DESCRIPTION>EXHIBIT 99.1
<TEXT>
<html>
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    <title></title>
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<!--All rights reserved www.businesswire.com-->
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    <p style="text-align: right">
      <b>Exhibit 99.1</b>
    </p>
    <p style="text-align: center">
      <font style="font-family: Times New Roman; font-size: 12pt"><b>Adtalem
      Global Education Announces Second Quarter Fiscal 2018 Results</b></font>
    </p>
    <p>
      CHICAGO--(BUSINESS WIRE)--February 6, 2018--Adtalem Global Education
      (NYSE: ATGE), a leading global education provider, today reported
      academic, operating and financial results for its fiscal 2018 second
      quarter ended December 31, 2017, including enrollment results at
      Carrington College, Chamberlain University, its medical and veterinary
      schools and DeVry University/Keller Graduate School of Management.
    </p>
    <p>
      &#8220;Our revenue profile and growth outlook continue to improve as we
      execute on our strategic plan,&#8221; said Lisa Wardell, president and CEO of
      Adtalem Global Education.&#160;&#8220;We are expanding our presence across our core
      sectors and directing our resources toward the most promising revenue
      opportunities within our verticals. Everything we do is centered on
      increasing the value proposition we provide to our students and their
      employers, while positioning our portfolio to grow in a profitable and
      sustainable manner. Our strong cash flow generation, healthy financial
      position and increasing operating leverage support our ongoing
      commitment to balanced capital allocation that includes returning
      capital to our fellow owners.&#8221;
    </p>
    <p>
      <u><b>Financial and Operating Highlights</b></u>
    </p>
    <p>
      Selected financial data for the three months ended December 31, 2017:
    </p>
    <ul>
      <li style="margin-bottom: 10.0px">
        Revenue of $337.2 million increased 1.0 percent compared to the prior
        year
      </li>
      <li style="margin-bottom: 10.0px">
        Net loss of $81.2 million compared to net income of $14.4 million in
        the prior year; net income from continuing operations excluding
        special items was $47.3 million, compared to $41.1 million in the
        prior year
      </li>
      <li style="margin-bottom: 10.0px">
        Diluted loss per share was $1.33, compared to earnings per share of
        $0.23 in the prior year; diluted earnings per share from continuing
        operations excluding special items was $0.76, compared to $0.64 in the
        prior year
      </li>
      <li style="margin-bottom: 10.0px">
        Operating cash flow for the first six months of fiscal year 2018 was
        $49.6 million, compared to $41.5 million in the prior year
      </li>
      <li style="margin-bottom: 10.0px">
        Cash and cash equivalents were $212.2 million as of December 31, 2017,
        compared to $197.9 million as of December 31, 2016. Outstanding bank
        borrowings were $165.0 million as of December 31, 2017, compared to
        $225.0 million as of December 31, 2016
      </li>
      <li style="margin-bottom: 10.0px">
        Approximately 1.14 million shares of common stock were repurchased
        during the second quarter of fiscal 2018
      </li>
    </ul>
    <div style="margin-bottom: 10pt; margin-right: 0pt; margin-left: 0pt; width: 100%; text-indent: 0pt">
      <div>
        <div style="text-align: left">

        </div>
      </div>
      <div style="page-break-after: always">
        <div style="text-align: center">

        </div>
        <div style="text-align: center">
          <hr style="color: black; height: 1.5pt">

        </div>
      </div>
      <div>
        <div style="text-align: right">

        </div>
      </div>
    </div>
    <p>
      During the second quarter, Adtalem signed an agreement to transfer
      ownership of DeVry University to Cogswell Education LLC. The agreement
      is subject to certain terms and conditions to be met during the
      transition process, including regulatory and accreditor approval, and
      the transaction is anticipated to be completed in early fiscal year
      2019. As a result of this transaction, DeVry University has been
      classified as a discontinued operation. Adtalem recorded an after-tax
      loss from discontinued operations of $25.4 million in the second
      quarter, which includes $47.2 million of pre-tax charges related to
      impairment of intangible and long-lived assets.
    </p>
    <p>
      The fiscal 2018 second quarter results contained special items for
      restructuring charges of $2.6 million (pre-tax) related to workforce
      reductions and real estate consolidations at Carrington and Adtalem&#8217;s
      home office, and tax expense of $101.2 million related to adoption of
      the Tax Cuts and Jobs Act of 2017.
    </p>
    <p>
      <u><b>Segment Highlights</b></u>
    </p>
    <p>
      <b>Medical and Healthcare Segment</b>
    </p>
    <p>
      Second quarter segment revenue of $203.3 million increased 0.9 percent
      compared to the prior year, with growth at Chamberlain University
      partially offset by decreased revenue at the medical and veterinary
      schools. Chamberlain revenue in the quarter increased 1.9 percent from
      the prior year to $115.1 million, while revenue for the medical and
      veterinary schools decreased 0.3 percent from the prior year to $88.2
      million.
    </p>
    <div style="margin-bottom: 10pt; margin-right: 0pt; margin-left: 0pt; width: 100%; text-indent: 0pt">
      <div>
        <div style="text-align: left">

        </div>
      </div>
      <div style="page-break-after: always">
        <div style="text-align: center">

        </div>
        <div style="text-align: center">
          <hr style="color: black; height: 1.5pt">

        </div>
      </div>
      <div>
        <div style="text-align: right">

        </div>
      </div>
    </div>
    <p>
      Second quarter operating income for the segment was $55.0 million,
      representing an increase of 5.6 percent from the prior year.
    </p>
    <p>
      American University of the Caribbean School of Medicine (AUC) reopened
      its campus in St. Maarten in January, following repairs to address the
      damage caused by Hurricane Irma. Ross University School of Medicine
      (RUSM) in Dominica continues to assess the damage caused by Hurricane
      Maria, and students have been temporarily relocated to Knoxville, Tenn.
      at a campus owned by Lincoln Memorial University.
    </p>
    <p>
      Additional expenses in the second quarter related to maintaining
      alternative teaching sites for both AUC and RUSM and remediating the
      property damage to the campuses in St. Maarten and Dominica were largely
      offset by received and committed reimbursements under Adtalem&#8217;s
      insurance policies, after deductibles, which were met during the first
      quarter.
    </p>
    <p>
      <b>Professional Education</b>
    </p>
    <p>
      Second quarter segment revenue increased 10.9 percent compared to the
      prior year to $30.4 million, driven by growth from Association of
      Certified Anti Money Laundering Specialists (ACAMS). Segment operating
      income for the second quarter was $2.2 million, up from $0.1 million in
      the prior year driven by revenue growth at ACAMS.
    </p>
    <p>
      In the second quarter, ACAMS&#8217; revenue increased 62 percent with
      particularly strong results coming from the Asia Pacific region, as well
      as solid gains generated through expanding partnerships in Europe.
    </p>
    <p>
      <b>Technology and Business</b>
    </p>
    <p>
      Second quarter segment revenue increased 2.4 percent to $75.1 million
      compared to the prior year. On a constant currency basis, revenue in the
      segment grew 0.9 percent. Segment operating income in the second quarter
      increased 3.8 percent over the prior year to $14.0 million as a result
      of revenue growth and cost efficiencies.
    </p>
    <p>
      <b>US Traditional Postsecondary</b>
    </p>
    <p>
      Second quarter segment revenue declined 10.5 percent to $29.0 million
      compared to the prior year. An operating loss of $5.8 million was
      reported in the second quarter compared to an operating loss of $6.3
      million in the prior year. Excluding special items, the segment reported
      an operating loss of $4.7 million for the quarter, compared to an
      operating loss of $3.9 million in the prior year.
    </p>
    <div style="margin-bottom: 10pt; margin-right: 0pt; margin-left: 0pt; width: 100%; text-indent: 0pt">
      <div>
        <div style="text-align: left">

        </div>
      </div>
      <div style="page-break-after: always">
        <div style="text-align: center">

        </div>
        <div style="text-align: center">
          <hr style="color: black; height: 1.5pt">

        </div>
      </div>
      <div>
        <div style="text-align: right">

        </div>
      </div>
    </div>
    <p>
      Carrington showed improvement in new student enrollment in the quarter,
      which was up 7.2 percent, highlighting the efforts to revise the
      institution&#8217;s program offerings and marketing efforts.
    </p>
    <p>
      <b>Adtalem Outlook</b>
    </p>
    <p>
      Fiscal 2018 third quarter revenue is expected to increase 3 to 4 percent
      compared to the prior year. Revenue growth within the Medical and
      Healthcare, Professional Education and Technology and Business segments
      is expected to offset declining revenue within the US Traditional
      Postsecondary segment. Third quarter operating costs before special
      items are expected to increase 1 to 2 percent compared to the prior
      year. Third quarter expenses may be impacted by the timing of the
      receipt of insurance proceeds for the reimbursement of hurricane-related
      expenses.
    </p>
    <p>
      Fiscal 2018 full year revenue is expected to increase 1 to 2 percent
      compared to the prior year and earnings growth from continuing
      operations before special items is expected to be 10 to 12 percent
      compared to the prior year. Full year capital spending is expected to be
      in the $60 to $65 million range, excluding hurricane-related spending.
      The effective income tax rate on continuing operations for the fiscal
      year is expected to be in the range of 16 to 17 percent, before special
      items. Adtalem&#8217;s outlook excludes potential charges related to
      restructuring plans and the pending sale of DeVry University.
    </p>
    <p>
      <b>Conference Call and Webcast Information</b>
    </p>
    <p>
      Adtalem will hold a conference call to discuss its fiscal 2018 second
      quarter earnings on Tuesday, February 6, at 4 p.m. CST (5 p.m. EST). The
      conference call will be led by Lisa Wardell, president and chief
      executive officer; and Patrick Unzicker, chief financial officer and
      treasurer.
    </p>
    <p>
      For those wishing to participate by telephone, dial 877-407-6184
      (domestic) or 201-389-0877 (international). Ask for the Adtalem call or
      use conference ID: 13674998. Adtalem will also broadcast the conference
      call on Adtalem's website at<b>: </b><u>http://www.investorcalendar.com/event/23549</u>.
    </p>
    <p>
      Please access the website at least 15 minutes prior to the start of the
      call to register, download and install any necessary audio software.
    </p>
    <div style="margin-bottom: 10pt; margin-right: 0pt; margin-left: 0pt; width: 100%; text-indent: 0pt">
      <div>
        <div style="text-align: left">

        </div>
      </div>
      <div style="page-break-after: always">
        <div style="text-align: center">

        </div>
        <div style="text-align: center">
          <hr style="color: black; height: 1.5pt">

        </div>
      </div>
      <div>
        <div style="text-align: right">

        </div>
      </div>
    </div>
    <p>
      Adtalem will archive a telephone replay of the call until Mar. 6, 2018.
      To access the replay, dial 877-660-6853 (domestic) or 201-612-7415
      (international), conference ID: 13674998. To access the webcast replay,
      please visit Adtalem's website at: <u>http://www.investorcalendar.com/event/23549</u>.
    </p>
    <p>
      <b>About Adtalem Global Education</b>
    </p>
    <p>
      The purpose of Adtalem Global Education is to empower students to
      achieve their goals, find success, and make inspiring contributions to
      our global community. Adtalem Global Education Inc. (NYSE: ATGE; member
      S&amp;P MidCap 400 Index) is a leading global education provider and the
      parent organization of Adtalem Educacional do Brasil, American
      University of the Caribbean School of Medicine, Association of Certified
      Anti-Money Laundering Specialists, Becker Professional Education,
      Carrington College, Chamberlain University, DeVry University and its
      Keller Graduate School of Management, Ross University School of Medicine
      and Ross University School of Veterinary Medicine. For more information,
      please visit&#160;adtalem.com.
    </p>
    <p>
      <b>Forward Looking Statement</b>
    </p>
    <p>
      Certain statements contained in this release concerning Adtalem Global
      Education&#8217;s future performance, including those statements concerning
      expectations or plans, may constitute forward-looking statements subject
      to the Safe Harbor Provision of the Private Securities Litigation Reform
      Act of 1995. These forward-looking statements generally can be
      identified by phrases such as Adtalem Global Education or its management
      &quot;believes,&quot; &quot;expects,&quot; &quot;anticipates,&quot; &quot;foresees,&quot; &quot;forecasts,&quot;
      &quot;estimates&quot; or other words or phrases of similar import. Actual results
      may differ materially from those projected or implied by these
      forward-looking statements. Potential risks, uncertainties and other
      factors that could cause results to differ are described more fully in
      Item 1A, &quot;Risk Factors,&quot; in the most recent Annual Report on Form 10-K
      for the year ending June 30, 2017 and filed with the Securities and
      Exchange Commission (SEC) on August 24, 2017 and its most recent
      Quarterly Report on Form 10-Q for the quarter ending December 31, 2017
      and filed with the SEC on February 6, 2018.
    </p>
    <div style="margin-bottom: 10pt; margin-right: 0pt; margin-left: 0pt; width: 100%; text-indent: 0pt">
      <div>
        <div style="text-align: left">

        </div>
      </div>
      <div style="page-break-after: always">
        <div style="text-align: center">

        </div>
        <div style="text-align: center">
          <hr style="color: black; height: 1.5pt">

        </div>
      </div>
      <div>
        <div style="text-align: right">

        </div>
      </div>
    </div>
<div style="text-align:left">
    <table cellspacing="0" style="font-family: Times New Roman; margin-bottom: 10.0px; width: 100%; font-size: 8pt">
      <tr>
        <td colspan="7" style="text-align: left; padding-left: 0.0px" valign="top">
          <p style="margin-bottom: 0px; margin-top: 0px">
            <b>Enrollment from Continuing Operations</b>
          </p>
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>
          &#160;
        </td>
        <td>

        </td>
        <td>
          &#160;
        </td>
        <td>

        </td>
        <td>
          &#160;
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="top">
          <b>FY 2018</b>
        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="top">
          <b>FY 2017</b>
        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          <b>% Change</b>
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px" valign="top">
          <b>Adtalem Global Education Student Enrollments<sup>(1)</sup></b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 30.0px" valign="top">
          New students
        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          6,528
        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          6,084
        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          +7.3%
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 30.0px" valign="top">
          Total students
        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          121,255
        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          118,424
        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          +2.4%
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>
          &#160;
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>
          &#160;
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px" valign="top">
          <b>Chamberlain University</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px" valign="top">
          <i>November Session<sup>(2)</sup></i>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 30.0px" valign="top">
          New students
        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          2,806
        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          2,660
        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          +5.5%
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 30.0px" valign="top">
          Total students
        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          29,719
        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          28,268
        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          +5.1%
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px" valign="top">
          <i>January Session</i>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 30.0px" valign="top">
          New students
        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          4,472
        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          4,185
        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          +6.9%
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 30.0px" valign="top">
          Total students
        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          31,333
        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          29,789
        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          +5.2%
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>
          &#160;
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px" valign="top">
          <b>Carrington College</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px" valign="top">
          <i>3 months ending December 31, 2017</i>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 35.0px" valign="top">
          New students
        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          1,541
        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          1,437
        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          +7.2%
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 35.0px" valign="top">
          Total students
        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          5,644
        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          5,910
        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          -4.5%
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>
          &#160;
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px" valign="top">
          <b>Medical and Veterinary<sup>(3)</sup></b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px" valign="top">
          <i>January Term</i>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 35.0px" valign="top">
          New students
        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          515
        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          462
        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          +11.5%
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 35.0px" valign="top">
          Total students
        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          5,938
        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          5,863
        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          +1.3%
        </td>
      </tr>
    </table>
    </div>
<div style="text-align:left">
    <table cellspacing="0" style="font-family: Times New Roman; margin-bottom: 10.0px; width: 100%; font-size: 8pt">
      <tr>
        <td colspan="7" style="text-align: left; padding-left: 0.0px" valign="top">
          <p style="margin-bottom: 0px; margin-top: 0px">
            <b>Enrollment from Discontinued Operations</b>
          </p>
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>
          &#160;
        </td>
        <td>

        </td>
        <td>
          &#160;
        </td>
        <td>

        </td>
        <td>
          &#160;
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px" valign="top">
          <b>DeVry University</b>
        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="top">
          <b>FY 2018</b>
        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="top">
          <b>FY 2017</b>
        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          <b>% Change</b>
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px" valign="top">
          Undergraduate <i>&#8211; November Session</i>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 35.0px" valign="top">
          New students
        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          2,359
        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          3,092
        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          -23.7%
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 35.0px" valign="top">
          Total students
        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          18,385
        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          24,015
        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          -23.4%
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px" valign="top">
          Undergraduate <i>&#8211; January Session</i>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 35.0px" valign="top">
          New students
        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          2,439
        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          2,528
        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          -3.5%
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 35.0px" valign="top">
          Total students
        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          17,859
        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          22,994
        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          -22.3%
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px" valign="top">
          Graduate <i>&#8211; November Session</i>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 35.0px" valign="top">
          Coursetakers<sup>(4)</sup>
        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          7,488
        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          9,589
        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          -21.9%
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px" valign="top">
          Graduate <i>&#8211; January Session</i>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 35.0px" valign="top">
          Coursetakers<sup>(4)</sup>
        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          7,602
        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          9,553
        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          -20.4%
        </td>
      </tr>
    </table>
    </div>
    <p>
      1) Includes the most recently reported enrollments at Adtalem&#8217;s
      postsecondary institutions, excluding DeVry University
    </p>
    <p>
      2) Post-licensure online programs only; pre-licensure campus-based
      programs start in September, January and May
    </p>
    <p>
      3) Includes enrollments in its medical and veterinary preparatory
      programs
    </p>
    <p>
      4) The term &#8220;coursetaker&#8221; refers to the number of courses taken by a
      student. Thus one student taking two courses equals two coursetakers
    </p>
    <div style="margin-bottom: 10pt; margin-right: 0pt; margin-left: 0pt; width: 100%; text-indent: 0pt">
      <div>
        <div style="text-align: left">

        </div>
      </div>
      <div style="page-break-after: always">
        <div style="text-align: center">

        </div>
        <div style="text-align: center">
          <hr style="color: black; height: 1.5pt">

        </div>
      </div>
      <div>
        <div style="text-align: right">

        </div>
      </div>
    </div>
<div style="text-align:left">
    <table cellspacing="0" style="font-family: Times New Roman; margin-bottom: 10.0px; width: 100%; font-size: 8pt">
      <tr>
        <td colspan="16" style="text-align: center; padding-left: 0.0px" valign="bottom">
          <b>ADTALEM GLOBAL EDUCATION INC.</b>
        </td>
      </tr>
      <tr>
        <td colspan="16" style="text-align: center; padding-left: 0.0px" valign="bottom">
          <b>CONSOLIDATED BALANCE SHEETS</b>
        </td>
      </tr>
      <tr>
        <td colspan="16" style="text-align: center; padding-left: 0.0px" valign="bottom">
          <b>(Unaudited)</b>
        </td>
      </tr>
      <tr>
        <td colspan="16" style="text-align: center; padding-left: 0.0px" valign="bottom">
          <b>PRELIMINARY</b>
        </td>
      </tr>
      <tr>
        <td>
          &#160;
        </td>
        <td>
          &#160;
        </td>
        <td>
          &#160;
        </td>
        <td>

        </td>
        <td>
          &#160;
        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>
          &#160;
        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>
          &#160;
        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2" style="text-align: center; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          <b>December 31,</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2" style="text-align: center; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          <b>June 30,</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2" style="text-align: center; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          <b>December 31,</b>
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2" style="text-align: center; border-bottom-style: solid; white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          <b>2017</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2" style="text-align: center; border-bottom-style: solid; white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          <b>2017</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2" style="text-align: center; border-bottom-style: solid; white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          <b>2016</b>
        </td>
      </tr>
      <tr>
        <td colspan="4" style="text-align: left; padding-left: 0.0px" valign="bottom">
          <b>ASSETS:</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="10" style="text-align: center; padding-left: 0.0px" valign="bottom">
          <b>(in thousands, except share and par value amounts)</b>
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td colspan="3" style="text-align: left; padding-left: 0.0px" valign="bottom">
          <b>Current Assets:</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2" style="text-align: left; padding-left: 0.0px" valign="bottom">
          Cash and Cash Equivalents
        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          212,239
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          240,426
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          197,860
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2" style="text-align: left; padding-left: 0.0px" valign="bottom">
          Marketable Securities and Investments
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          4,268
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          4,013
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          3,844
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2" style="text-align: left; padding-left: 0.0px" valign="bottom">
          Restricted Cash
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          566
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          4,759
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          5,622
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2" style="text-align: left; padding-left: 0.0px" valign="bottom">
          Accounts Receivable, Net
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          148,638
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          161,405
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          127,941
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2" style="text-align: left; padding-left: 0.0px" valign="bottom">
          Prepaid Expenses and Other
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          75,972
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          36,988
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          54,964
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2" style="text-align: left; padding-bottom: 2.0px; padding-left: 0.0px" valign="bottom">
          Current Assets Held for Sale
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; border-bottom-style: solid; white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          28,126
        </td>
        <td style="border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; border-bottom-style: solid; white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          23,616
        </td>
        <td style="border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; border-bottom-style: solid; white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          37,202
        </td>
        <td style="border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt">
          &#160;
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: left; padding-bottom: 2.0px; padding-left: 0.0px" valign="bottom">
          Total Current Assets
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; border-bottom-style: solid; white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          469,809
        </td>
        <td style="border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; border-bottom-style: solid; white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          471,207
        </td>
        <td style="border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; border-bottom-style: solid; white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          427,433
        </td>
        <td style="border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt">
          &#160;
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td colspan="3" style="text-align: left; padding-left: 0.0px" valign="bottom">
          <b>Land, Building and Equipment:</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2" style="text-align: left; padding-left: 0.0px" valign="bottom">
          Land
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          46,918
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          48,947
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          48,595
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2" style="text-align: left; padding-left: 0.0px" valign="bottom">
          Building
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          425,659
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          443,914
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          441,271
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2" style="text-align: left; padding-left: 0.0px" valign="bottom">
          Equipment
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          365,394
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          352,622
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          361,608
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2" style="text-align: left; padding-bottom: 2.0px; padding-left: 0.0px" valign="bottom">
          Construction in Progress
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; border-bottom-style: solid; white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          26,520
        </td>
        <td style="border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; border-bottom-style: solid; white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          22,240
        </td>
        <td style="border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; border-bottom-style: solid; white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          15,380
        </td>
        <td style="border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt">
          &#160;
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          864,491
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          867,723
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          866,854
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2" style="text-align: left; padding-left: 0.0px" valign="bottom">
          Accumulated Depreciation
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          (446,152
        </td>
        <td style="text-align: left; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          (416,801
        </td>
        <td style="text-align: left; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          (406,295
        </td>
        <td style="text-align: left; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          )
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2" style="text-align: left; padding-bottom: 2.0px; padding-left: 0.0px" valign="bottom">
          Land, Building and Equipment Held for Sale, Net
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; border-bottom-style: solid; white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          -
        </td>
        <td style="border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; border-bottom-style: solid; white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          37,904
        </td>
        <td style="border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; border-bottom-style: solid; white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          39,967
        </td>
        <td style="border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt">
          &#160;
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: left; padding-bottom: 2.0px; padding-left: 0.0px" valign="bottom">
          Land, Building and Equipment, Net
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; border-bottom-style: solid; white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          418,339
        </td>
        <td style="border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; border-bottom-style: solid; white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          488,826
        </td>
        <td style="border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; border-bottom-style: solid; white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          500,526
        </td>
        <td style="border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt">
          &#160;
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td colspan="3" style="text-align: left; padding-left: 0.0px" valign="bottom">
          <b>Other Assets:</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2" style="text-align: left; padding-left: 0.0px" valign="bottom">
          Deferred Income Taxes, Net
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          31,090
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          33,772
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          26,618
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2" style="text-align: left; padding-left: 0.0px" valign="bottom">
          Intangible Assets, Net
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          407,000
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          412,158
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          419,883
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2" style="text-align: left; padding-left: 0.0px" valign="bottom">
          Goodwill
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          832,943
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          829,086
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          832,642
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2" style="text-align: left; padding-left: 0.0px" valign="bottom">
          Other Assets, Net
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          38,091
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          40,696
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          56,227
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2" style="text-align: left; padding-bottom: 2.0px; padding-left: 0.0px" valign="bottom">
          Other Assets Held for Sale
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; border-bottom-style: solid; white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          13,450
        </td>
        <td style="border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; border-bottom-style: solid; white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          38,290
        </td>
        <td style="border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; border-bottom-style: solid; white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          38,104
        </td>
        <td style="border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt">
          &#160;
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: left; padding-bottom: 2.0px; padding-left: 0.0px" valign="bottom">
          Total Other Assets
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; border-bottom-style: solid; white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          1,322,574
        </td>
        <td style="border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; border-bottom-style: solid; white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          1,354,002
        </td>
        <td style="border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; border-bottom-style: solid; white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          1,373,474
        </td>
        <td style="border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt">
          &#160;
        </td>
      </tr>
      <tr>
        <td colspan="4" style="text-align: left; padding-bottom: 4.0px; padding-left: 0.0px" valign="bottom">
          <b>TOTAL ASSETS</b>
        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-bottom: 4.0px; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="text-align: right; border-bottom-style: double; white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 2.25pt; padding-left: 0.0px" valign="bottom">
          2,210,722
        </td>
        <td style="border-bottom-style: double; border-bottom-color: black; border-bottom-width: 2.25pt">
          &#160;
        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-bottom: 4.0px; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="text-align: right; border-bottom-style: double; white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 2.25pt; padding-left: 0.0px" valign="bottom">
          2,314,035
        </td>
        <td style="border-bottom-style: double; border-bottom-color: black; border-bottom-width: 2.25pt">
          &#160;
        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-bottom: 4.0px; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="text-align: right; border-bottom-style: double; white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 2.25pt; padding-left: 0.0px" valign="bottom">
          2,301,433
        </td>
        <td style="border-bottom-style: double; border-bottom-color: black; border-bottom-width: 2.25pt">
          &#160;
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">
          &#160;
        </td>
      </tr>
      <tr>
        <td colspan="4" style="text-align: left; padding-left: 0.0px" valign="bottom">
          <b>LIABILITIES:</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td colspan="3" style="text-align: left; padding-left: 0.0px" valign="bottom">
          <b>Current Liabilities:</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2" style="text-align: left; padding-left: 0.0px" valign="bottom">
          Accounts Payable
        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          37,818
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          46,417
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          32,119
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2" style="text-align: left; padding-left: 0.0px" valign="bottom">
          Accrued Salaries, Wages and Benefits
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          63,417
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          81,661
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          64,680
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2" style="text-align: left; padding-left: 0.0px" valign="bottom">
          Accrued Liabilities
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          77,891
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          90,306
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          94,938
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2" style="text-align: left; padding-left: 0.0px" valign="bottom">
          Deferred Revenue
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          81,224
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          115,770
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          88,092
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2" style="text-align: left; padding-bottom: 2.0px; padding-left: 0.0px" valign="bottom">
          Current Liabilities Held for Sale
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; border-bottom-style: solid; white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          36,469
        </td>
        <td style="border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; border-bottom-style: solid; white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          43,173
        </td>
        <td style="border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; border-bottom-style: solid; white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          45,727
        </td>
        <td style="border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt">
          &#160;
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: left; padding-bottom: 2.0px; padding-left: 0.0px" valign="bottom">
          Total Current Liabilities
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; border-bottom-style: solid; white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          296,819
        </td>
        <td style="border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; border-bottom-style: solid; white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          377,327
        </td>
        <td style="border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; border-bottom-style: solid; white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          325,556
        </td>
        <td style="border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt">
          &#160;
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td colspan="3" style="text-align: left; padding-left: 0.0px" valign="bottom">
          <b>Other Liabilities:</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2" style="text-align: left; padding-left: 0.0px" valign="bottom">
          Revolving Loan
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          165,000
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          125,000
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          225,000
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2" style="text-align: left; padding-left: 0.0px" valign="bottom">
          Deferred Income Taxes, Net
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          31,745
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          34,712
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          32,452
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2" style="text-align: left; padding-left: 0.0px" valign="bottom">
          Deferred Rent and Other
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          101,232
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          101,672
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          106,792
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2" style="text-align: left; padding-bottom: 2.0px; padding-left: 0.0px" valign="bottom">
          Income Taxes Payable
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; border-bottom-style: solid; white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          88,562
        </td>
        <td style="border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; border-bottom-style: solid; white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          -
        </td>
        <td style="border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; border-bottom-style: solid; white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          -
        </td>
        <td style="border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt">
          &#160;
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: left; padding-bottom: 2.0px; padding-left: 0.0px" valign="bottom">
          Total Other Liabilities
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; border-bottom-style: solid; white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          386,539
        </td>
        <td style="border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; border-bottom-style: solid; white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          261,384
        </td>
        <td style="border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; border-bottom-style: solid; white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          364,244
        </td>
        <td style="border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt">
          &#160;
        </td>
      </tr>
      <tr>
        <td colspan="4" style="text-align: left; padding-bottom: 2.0px; padding-left: 0.0px" valign="bottom">
          <b>TOTAL LIABILITIES</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; border-bottom-style: solid; white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          683,358
        </td>
        <td style="border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; border-bottom-style: solid; white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          638,711
        </td>
        <td style="border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; border-bottom-style: solid; white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          689,800
        </td>
        <td style="border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt">
          &#160;
        </td>
      </tr>
      <tr>
        <td colspan="4" style="text-align: left; padding-bottom: 2.0px; padding-left: 0.0px" valign="bottom">
          <b>NONCONTROLLING INTEREST</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; border-bottom-style: solid; white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          7,405
        </td>
        <td style="border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; border-bottom-style: solid; white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          6,285
        </td>
        <td style="border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; border-bottom-style: solid; white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          6,720
        </td>
        <td style="border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt">
          &#160;
        </td>
      </tr>
      <tr>
        <td colspan="4" style="text-align: left; padding-left: 0.0px" valign="bottom">
          <b>SHAREHOLDERS' EQUITY:</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td colspan="3" style="text-align: left; padding-left: 0.0px" valign="bottom">
          Common Stock, $0.01 Par Value, 200,000,000 Shares Authorized;
          60,295,000,
        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2" style="text-align: left; padding-left: 0.0px" valign="bottom">
          62,371,000 and 62,776,000 Shares Outstanding at December 31, 2017,
        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2" style="text-align: left; padding-left: 0.0px" valign="bottom">
          June 30, 2017 and December 31, 2016, respectively
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          787
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          781
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          775
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td colspan="3" style="text-align: left; padding-left: 0.0px" valign="bottom">
          Additional Paid-in Capital
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          433,855
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          415,912
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          395,155
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td colspan="3" style="text-align: left; padding-left: 0.0px" valign="bottom">
          Retained Earnings
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          1,812,746
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          1,881,397
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          1,797,634
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td colspan="3" style="text-align: left; padding-left: 0.0px" valign="bottom">
          Accumulated Other Comprehensive Loss
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          (60,745
        </td>
        <td style="text-align: left; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          (59,119
        </td>
        <td style="text-align: left; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          (50,828
        </td>
        <td style="text-align: left; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          )
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td colspan="3" style="text-align: left; padding-left: 0.0px" valign="bottom">
          Treasury Stock, at Cost, 18,451,000, 15,691,000 and 14,762,000
          Shares at
        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2" style="text-align: left; padding-bottom: 2.0px; padding-left: 0.0px" valign="bottom">
          December 31, 2017, June 30, 2017 and December 31, 2016, respectively
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; border-bottom-style: solid; white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          (666,684
        </td>
        <td style="text-align: left; border-bottom-style: solid; white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; border-bottom-style: solid; white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          (569,932
        </td>
        <td style="text-align: left; border-bottom-style: solid; white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; border-bottom-style: solid; white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          (537,823
        </td>
        <td style="text-align: left; border-bottom-style: solid; white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          )
        </td>
      </tr>
      <tr>
        <td colspan="4" style="text-align: left; padding-bottom: 2.0px; padding-left: 0.0px" valign="bottom">
          <b>TOTAL SHAREHOLDERS' EQUITY</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; border-bottom-style: solid; white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          1,519,959
        </td>
        <td style="border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; border-bottom-style: solid; white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          1,669,039
        </td>
        <td style="border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; border-bottom-style: solid; white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          1,604,913
        </td>
        <td style="border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt">
          &#160;
        </td>
      </tr>
      <tr>
        <td colspan="4" style="text-align: left; padding-left: 0.0px" valign="bottom">
          <b>TOTAL LIABILITIES, NONCONTROLLING INTEREST AND</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td colspan="3" style="text-align: left; padding-bottom: 4.0px; padding-left: 0.0px" valign="bottom">
          <b>SHAREHOLDERS' EQUITY</b>
        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-bottom: 4.0px; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="text-align: right; border-bottom-style: double; white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 2.25pt; padding-left: 0.0px" valign="bottom">
          2,210,722
        </td>
        <td style="border-bottom-style: double; border-bottom-color: black; border-bottom-width: 2.25pt">
          &#160;
        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-bottom: 4.0px; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="text-align: right; border-bottom-style: double; white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 2.25pt; padding-left: 0.0px" valign="bottom">
          2,314,035
        </td>
        <td style="border-bottom-style: double; border-bottom-color: black; border-bottom-width: 2.25pt">
          &#160;
        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-bottom: 4.0px; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="text-align: right; border-bottom-style: double; white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 2.25pt; padding-left: 0.0px" valign="bottom">
          2,301,433
        </td>
        <td style="border-bottom-style: double; border-bottom-color: black; border-bottom-width: 2.25pt">
          &#160;
        </td>
      </tr>
    </table>
    </div>
    <div style="margin-bottom: 10pt; margin-right: 0pt; margin-left: 0pt; width: 100%; text-indent: 0pt">
      <div>
        <div style="text-align: left">

        </div>
      </div>
      <div style="page-break-after: always">
        <div style="text-align: center">

        </div>
        <div style="text-align: center">
          <hr style="color: black; height: 1.5pt">

        </div>
      </div>
      <div>
        <div style="text-align: right">

        </div>
      </div>
    </div>
<div style="text-align:left">
    <table cellspacing="0" style="font-family: Times New Roman; margin-bottom: 10.0px; width: 100%; font-size: 8pt">
      <tr>
        <td colspan="19" style="text-align: center; padding-left: 0.0px" valign="bottom">
          <b>ADTALEM GLOBAL EDUCATION INC.</b>
        </td>
      </tr>
      <tr>
        <td colspan="19" style="text-align: center; padding-left: 0.0px" valign="bottom">
          <b>CONSOLIDATED STATEMENTS OF INCOME (LOSS)</b>
        </td>
      </tr>
      <tr>
        <td colspan="19" style="text-align: center; padding-left: 0.0px" valign="bottom">
          <b>(Unaudited)</b>
        </td>
      </tr>
      <tr>
        <td colspan="19" style="text-align: center; padding-left: 0.0px" valign="bottom">
          <b>PRELIMINARY</b>
        </td>
      </tr>
      <tr>
        <td>
          &#160;
        </td>
        <td>
          &#160;
        </td>
        <td>
          &#160;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>
          &#160;
        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>
          &#160;
        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>
          &#160;
        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px" valign="bottom">

        </td>
        <td style="text-align: left; padding-left: 0.0px" valign="bottom">

        </td>
        <td style="text-align: left; padding-left: 0.0px" valign="bottom">

        </td>
        <td style="text-align: left; padding-left: 0.0px" valign="bottom">

        </td>
        <td style="text-align: left; padding-left: 0.0px" valign="bottom">

        </td>
        <td colspan="6" style="text-align: center; padding-left: 0.0px" valign="bottom">
          <b>Three Months Ended</b>
        </td>
        <td style="text-align: center; padding-left: 0.0px" valign="bottom">

        </td>
        <td style="text-align: center; padding-left: 0.0px" valign="bottom">

        </td>
        <td colspan="6" style="text-align: center; padding-left: 0.0px" valign="bottom">
          <b>Six Months Ended</b>
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-bottom: 2.0px; padding-left: 0.0px" valign="bottom">

        </td>
        <td style="text-align: left; padding-bottom: 2.0px; padding-left: 0.0px" valign="bottom">

        </td>
        <td style="text-align: left; padding-bottom: 2.0px; padding-left: 0.0px" valign="bottom">

        </td>
        <td style="text-align: left; padding-bottom: 2.0px; padding-left: 0.0px" valign="bottom">

        </td>
        <td style="text-align: left; padding-bottom: 2.0px; padding-left: 0.0px" valign="bottom">

        </td>
        <td colspan="6" style="text-align: center; border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          <b>December 31,</b>
        </td>
        <td style="text-align: center; padding-bottom: 2.0px; padding-left: 0.0px" valign="bottom">

        </td>
        <td style="text-align: center; padding-bottom: 2.0px; padding-left: 0.0px" valign="bottom">

        </td>
        <td colspan="6" style="text-align: center; border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          <b>December 31,</b>
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2" style="text-align: center; border-bottom-style: solid; white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          <b>2017</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2" style="text-align: center; border-bottom-style: solid; white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          <b>2016</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2" style="text-align: center; border-bottom-style: solid; white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          <b>2017</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2" style="text-align: center; border-bottom-style: solid; white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          <b>2016</b>
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="14" style="text-align: center; padding-left: 0.0px" valign="bottom">
          <b>(in thousands, except per share amounts)</b>
        </td>
      </tr>
      <tr>
        <td colspan="4" style="text-align: left; padding-left: 0.0px" valign="bottom">
          <b>REVENUE:</b>
        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td colspan="3" style="text-align: left; padding-left: 0.0px" valign="bottom">
          Tuition
        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          302,184
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          301,263
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          582,207
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          588,161
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td colspan="3" style="text-align: left; padding-bottom: 2.0px; padding-left: 0.0px" valign="bottom">
          Other Educational
        </td>
        <td>

        </td>
        <td style="text-align: right; border-bottom-style: solid; white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          35,060
        </td>
        <td style="border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; border-bottom-style: solid; white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          32,695
        </td>
        <td style="border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; border-bottom-style: solid; white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          80,315
        </td>
        <td style="border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; border-bottom-style: solid; white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          74,824
        </td>
        <td style="border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt">
          &#160;
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2" style="text-align: left; padding-bottom: 2.0px; padding-left: 0.0px" valign="bottom">
          Total Revenue
        </td>
        <td>

        </td>
        <td style="text-align: right; border-bottom-style: solid; white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          337,244
        </td>
        <td style="border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; border-bottom-style: solid; white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          333,958
        </td>
        <td style="border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; border-bottom-style: solid; white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          662,522
        </td>
        <td style="border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; border-bottom-style: solid; white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          662,985
        </td>
        <td style="border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt">
          &#160;
        </td>
      </tr>
      <tr>
        <td colspan="4" style="text-align: left; padding-left: 0.0px" valign="bottom">
          <b>OPERATING COST AND EXPENSE:</b>
        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td colspan="3" style="text-align: left; padding-left: 0.0px" valign="bottom">
          Cost of Educational Services
        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          178,970
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          179,148
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          374,911
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          366,634
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td colspan="3" style="text-align: left; padding-left: 0.0px" valign="bottom">
          Student Services and Administrative Expense
        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          100,336
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          101,167
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          201,544
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          204,632
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td colspan="3" style="text-align: left; padding-left: 0.0px" valign="bottom">
          Restructuring Expense
        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          2,554
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          2,963
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          4,941
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          6,313
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td colspan="3" style="text-align: left; padding-bottom: 2.0px; padding-left: 0.0px" valign="bottom">
          Regulatory Settlements
        </td>
        <td>

        </td>
        <td style="text-align: right; border-bottom-style: solid; white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          -
        </td>
        <td style="border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; border-bottom-style: solid; white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          52,150
        </td>
        <td style="border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; border-bottom-style: solid; white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          -
        </td>
        <td style="border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; border-bottom-style: solid; white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          52,150
        </td>
        <td style="border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt">
          &#160;
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2" style="text-align: left; padding-bottom: 2.0px; padding-left: 0.0px" valign="bottom">
          Total Operating Cost and Expense
        </td>
        <td>

        </td>
        <td style="text-align: right; border-bottom-style: solid; white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          281,860
        </td>
        <td style="border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; border-bottom-style: solid; white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          335,428
        </td>
        <td style="border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; border-bottom-style: solid; white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          581,396
        </td>
        <td style="border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; border-bottom-style: solid; white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          629,729
        </td>
        <td style="border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt">
          &#160;
        </td>
      </tr>
      <tr>
        <td colspan="4" style="text-align: left; padding-bottom: 2.0px; padding-left: 0.0px" valign="bottom">
          <b>Operating Income (Loss) from Continuing Operations</b>
        </td>
        <td>

        </td>
        <td style="text-align: right; border-bottom-style: solid; white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          55,384
        </td>
        <td style="border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; border-bottom-style: solid; white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          (1,470
        </td>
        <td style="text-align: left; border-bottom-style: solid; white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; border-bottom-style: solid; white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          81,126
        </td>
        <td style="border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; border-bottom-style: solid; white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          33,256
        </td>
        <td style="border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt">
          &#160;
        </td>
      </tr>
      <tr>
        <td colspan="4" style="text-align: left; padding-left: 0.0px" valign="bottom">
          <b>INTEREST:</b>
        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td colspan="3" style="text-align: left; padding-left: 0.0px" valign="bottom">
          Interest Income
        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          1,365
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          988
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          3,483
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          2,032
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td colspan="3" style="text-align: left; padding-bottom: 2.0px; padding-left: 0.0px" valign="bottom">
          Interest Expense
        </td>
        <td>

        </td>
        <td style="text-align: right; border-bottom-style: solid; white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          (2,481
        </td>
        <td style="text-align: left; border-bottom-style: solid; white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; border-bottom-style: solid; white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          (2,300
        </td>
        <td style="text-align: left; border-bottom-style: solid; white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; border-bottom-style: solid; white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          (4,397
        </td>
        <td style="text-align: left; border-bottom-style: solid; white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; border-bottom-style: solid; white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          (4,415
        </td>
        <td style="text-align: left; border-bottom-style: solid; white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          )
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2" style="text-align: left; padding-bottom: 2.0px; padding-left: 0.0px" valign="bottom">
          Net Interest Expense
        </td>
        <td>

        </td>
        <td style="text-align: right; border-bottom-style: solid; white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          (1,116
        </td>
        <td style="text-align: left; border-bottom-style: solid; white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; border-bottom-style: solid; white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          (1,312
        </td>
        <td style="text-align: left; border-bottom-style: solid; white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; border-bottom-style: solid; white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          (914
        </td>
        <td style="text-align: left; border-bottom-style: solid; white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; border-bottom-style: solid; white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          (2,383
        </td>
        <td style="text-align: left; border-bottom-style: solid; white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          )
        </td>
      </tr>
      <tr>
        <td colspan="4" style="text-align: left; padding-left: 0.0px" valign="bottom">
          <b>Income (Loss) from Continuing Operations Before Income Taxes</b>
        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          54,268
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          (2,782
        </td>
        <td style="text-align: left; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          80,212
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          30,873
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td colspan="4" style="text-align: left; padding-left: 0.0px" valign="bottom">
          <b>Income Tax (Provision) Benefit</b>
        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          (109,636
        </td>
        <td style="text-align: left; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          10,082
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          (113,232
        </td>
        <td style="text-align: left; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          2,363
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td colspan="4" style="text-align: left; padding-bottom: 2.0px; padding-left: 0.0px" valign="bottom">
          <b>Equity Method Investment Income (Loss)</b>
        </td>
        <td>

        </td>
        <td style="text-align: right; border-bottom-style: solid; white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          6
        </td>
        <td style="border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; border-bottom-style: solid; white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          -
        </td>
        <td style="border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; border-bottom-style: solid; white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          (38
        </td>
        <td style="text-align: left; border-bottom-style: solid; white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; border-bottom-style: solid; white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          -
        </td>
        <td style="border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt">
          &#160;
        </td>
      </tr>
      <tr>
        <td colspan="4" style="text-align: left; padding-bottom: 2.0px; padding-left: 0.0px" valign="bottom">
          <b>(Loss) Income from Continuing Operations</b>
        </td>
        <td>

        </td>
        <td style="text-align: right; border-bottom-style: solid; white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          (55,362
        </td>
        <td style="text-align: left; border-bottom-style: solid; white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; border-bottom-style: solid; white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          7,300
        </td>
        <td style="border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; border-bottom-style: solid; white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          (33,058
        </td>
        <td style="text-align: left; border-bottom-style: solid; white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; border-bottom-style: solid; white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          33,236
        </td>
        <td style="border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt">
          &#160;
        </td>
      </tr>
      <tr>
        <td colspan="4" style="text-align: left; padding-left: 0.0px" valign="bottom">
          <b>DISCONTINUED OPERATIONS:</b>
        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td colspan="3" style="text-align: left; padding-left: 0.0px" valign="bottom">
          <b>(Loss) Income from Discontinued Operations Before</b>
        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2" style="text-align: left; padding-left: 0.0px" valign="bottom">
          <b>Income Taxes</b>
        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          (43,873
        </td>
        <td style="text-align: left; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          6,321
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          (55,179
        </td>
        <td style="text-align: left; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          4,716
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td colspan="3" style="text-align: left; padding-bottom: 2.0px; padding-left: 0.0px" valign="bottom">
          <b>Income Tax Benefit</b>
        </td>
        <td>

        </td>
        <td style="text-align: right; border-bottom-style: solid; white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          18,453
        </td>
        <td style="border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; border-bottom-style: solid; white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          1,134
        </td>
        <td style="border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; border-bottom-style: solid; white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          20,371
        </td>
        <td style="border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; border-bottom-style: solid; white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          1,952
        </td>
        <td style="border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt">
          &#160;
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td colspan="3" style="text-align: left; padding-bottom: 2.0px; padding-left: 0.0px" valign="bottom">
          <b>(Loss) Income from Discontinued Operations</b>
        </td>
        <td>

        </td>
        <td style="text-align: right; border-bottom-style: solid; white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          (25,420
        </td>
        <td style="text-align: left; border-bottom-style: solid; white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; border-bottom-style: solid; white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          7,455
        </td>
        <td style="border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; border-bottom-style: solid; white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          (34,808
        </td>
        <td style="text-align: left; border-bottom-style: solid; white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; border-bottom-style: solid; white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          6,668
        </td>
        <td style="border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt">
          &#160;
        </td>
      </tr>
      <tr>
        <td colspan="4" style="text-align: left; padding-left: 0.0px" valign="bottom">
          <b>NET (LOSS) INCOME</b>
        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          (80,782
        </td>
        <td style="text-align: left; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          14,755
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          (67,866
        </td>
        <td style="text-align: left; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          39,904
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td colspan="3" style="text-align: left; padding-bottom: 2.0px; padding-left: 0.0px" valign="bottom">
          Net Income Attributable to Noncontrolling Interest
        </td>
        <td>

        </td>
        <td style="text-align: right; border-bottom-style: solid; white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          (374
        </td>
        <td style="text-align: left; border-bottom-style: solid; white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; border-bottom-style: solid; white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          (342
        </td>
        <td style="text-align: left; border-bottom-style: solid; white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; border-bottom-style: solid; white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          (505
        </td>
        <td style="text-align: left; border-bottom-style: solid; white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; border-bottom-style: solid; white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          (339
        </td>
        <td style="text-align: left; border-bottom-style: solid; white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          )
        </td>
      </tr>
      <tr>
        <td colspan="4" style="text-align: left; padding-left: 0.0px" valign="bottom">
          <b>NET (LOSS) INCOME ATTRIBUTABLE TO ADTALEM GLOBAL</b>
        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td colspan="3" style="text-align: left; padding-bottom: 4.0px; padding-left: 0.0px" valign="bottom">
          <b>EDUCATION</b>
        </td>
        <td style="text-align: right; white-space: nowrap; padding-bottom: 4.0px; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="text-align: right; border-bottom-style: double; white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 2.25pt; padding-left: 0.0px" valign="bottom">
          (81,156
        </td>
        <td style="text-align: left; border-bottom-style: double; white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 2.25pt; padding-left: 0.0px" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-bottom: 4.0px; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="text-align: right; border-bottom-style: double; white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 2.25pt; padding-left: 0.0px" valign="bottom">
          14,413
        </td>
        <td style="border-bottom-style: double; border-bottom-color: black; border-bottom-width: 2.25pt">
          &#160;
        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-bottom: 4.0px; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="text-align: right; border-bottom-style: double; white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 2.25pt; padding-left: 0.0px" valign="bottom">
          (68,371
        </td>
        <td style="text-align: left; border-bottom-style: double; white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 2.25pt; padding-left: 0.0px" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-bottom: 4.0px; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="text-align: right; border-bottom-style: double; white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 2.25pt; padding-left: 0.0px" valign="bottom">
          39,565
        </td>
        <td style="border-bottom-style: double; border-bottom-color: black; border-bottom-width: 2.25pt">
          &#160;
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">
          &#160;
        </td>
      </tr>
      <tr>
        <td colspan="4" style="text-align: left; padding-left: 0.0px" valign="bottom">
          <b>AMOUNTS ATTRIBUTABLE TO ADTALEM GLOBAL</b>
        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td colspan="3" style="text-align: left; padding-left: 0.0px" valign="bottom">
          <b>EDUCATION:</b>
        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2" style="text-align: left; padding-left: 0.0px" valign="bottom">
          (Loss) Income from Continuing Operations
        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          (55,736
        </td>
        <td style="text-align: left; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          6,958
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          (33,563
        </td>
        <td style="text-align: left; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          32,897
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2" style="text-align: left; padding-bottom: 2.0px; padding-left: 0.0px" valign="bottom">
          (Loss) Income from Discontinued Operations
        </td>
        <td>

        </td>
        <td style="text-align: right; border-bottom-style: solid; white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          (25,420
        </td>
        <td style="text-align: left; border-bottom-style: solid; white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; border-bottom-style: solid; white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          7,455
        </td>
        <td style="border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; border-bottom-style: solid; white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          (34,808
        </td>
        <td style="text-align: left; border-bottom-style: solid; white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; border-bottom-style: solid; white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          6,668
        </td>
        <td style="border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt">
          &#160;
        </td>
      </tr>
      <tr>
        <td colspan="4" style="text-align: left; padding-left: 0.0px" valign="bottom">
          <b>NET (LOSS) INCOME ATTRIBUTABLE TO ADTALEM GLOBAL</b>
        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td colspan="3" style="text-align: left; padding-bottom: 4.0px; padding-left: 0.0px" valign="bottom">
          <b>EDUCATION</b>
        </td>
        <td style="text-align: right; white-space: nowrap; padding-bottom: 4.0px; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="text-align: right; border-bottom-style: double; white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 2.25pt; padding-left: 0.0px" valign="bottom">
          (81,156
        </td>
        <td style="text-align: left; border-bottom-style: double; white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 2.25pt; padding-left: 0.0px" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-bottom: 4.0px; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="text-align: right; border-bottom-style: double; white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 2.25pt; padding-left: 0.0px" valign="bottom">
          14,413
        </td>
        <td style="border-bottom-style: double; border-bottom-color: black; border-bottom-width: 2.25pt">
          &#160;
        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-bottom: 4.0px; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="text-align: right; border-bottom-style: double; white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 2.25pt; padding-left: 0.0px" valign="bottom">
          (68,371
        </td>
        <td style="text-align: left; border-bottom-style: double; white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 2.25pt; padding-left: 0.0px" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-bottom: 4.0px; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="text-align: right; border-bottom-style: double; white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 2.25pt; padding-left: 0.0px" valign="bottom">
          39,565
        </td>
        <td style="border-bottom-style: double; border-bottom-color: black; border-bottom-width: 2.25pt">
          &#160;
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">
          &#160;
        </td>
      </tr>
      <tr>
        <td colspan="4" style="text-align: left; padding-left: 0.0px" valign="bottom">
          <b>(LOSS) EARNINGS PER COMMON SHARE ATTRIBUTABLE</b>
        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td colspan="3" style="text-align: left; padding-left: 0.0px" valign="bottom">
          <b>TO ADTALEM GLOBAL EDUCATION SHAREHOLDERS:</b>
        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2" style="text-align: left; padding-left: 0.0px" valign="bottom">
          <b>Basic:</b>
        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: left; padding-left: 0.0px" valign="bottom">
          Continuing Operations
        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          (0.91
        </td>
        <td style="text-align: left; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          0.11
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          (0.54
        </td>
        <td style="text-align: left; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          0.52
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: left; padding-left: 0.0px" valign="bottom">
          Discontinued Operations
        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          (0.42
        </td>
        <td style="text-align: left; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          0.12
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          (0.56
        </td>
        <td style="text-align: left; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          0.11
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: left; padding-left: 0.0px" valign="bottom">
          Total
        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          (1.33
        </td>
        <td style="text-align: left; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          0.23
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          (1.10
        </td>
        <td style="text-align: left; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          0.62
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2" style="text-align: left; padding-left: 0.0px" valign="bottom">
          <b>Diluted:</b>
        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: left; padding-left: 0.0px" valign="bottom">
          Continuing Operations
        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          (0.91
        </td>
        <td style="text-align: left; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          0.11
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          (0.54
        </td>
        <td style="text-align: left; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          0.52
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: left; padding-left: 0.0px" valign="bottom">
          Discontinued Operations
        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          (0.42
        </td>
        <td style="text-align: left; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          0.12
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          (0.56
        </td>
        <td style="text-align: left; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          0.10
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: left; padding-left: 0.0px" valign="bottom">
          Total
        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          (1.33
        </td>
        <td style="text-align: left; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          0.23
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          (1.10
        </td>
        <td style="text-align: left; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          0.62
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">
          &#160;
        </td>
      </tr>
      <tr>
        <td colspan="4" style="text-align: left; padding-left: 0.0px" valign="bottom">
          <b>Cash Dividends Declared per Common Share</b>
        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          -
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          0.18
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          -
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          0.18
        </td>
        <td>

        </td>
      </tr>
    </table>
    </div>
    <div style="margin-bottom: 10pt; margin-right: 0pt; margin-left: 0pt; width: 100%; text-indent: 0pt">
      <div>
        <div style="text-align: left">

        </div>
      </div>
      <div style="page-break-after: always">
        <div style="text-align: center">

        </div>
        <div style="text-align: center">
          <hr style="color: black; height: 1.5pt">

        </div>
      </div>
      <div>
        <div style="text-align: right">

        </div>
      </div>
    </div>
<div style="text-align:left">
    <table cellspacing="0" style="font-family: Times New Roman; margin-bottom: 10.0px; width: 100%; font-size: 8pt">
      <tr>
        <td colspan="10" style="text-align: center; padding-left: 0.0px" valign="bottom">
          <b>ADTALEM GLOBAL EDUCATION INC.</b>
        </td>
      </tr>
      <tr>
        <td colspan="10" style="text-align: center; padding-left: 0.0px" valign="bottom">
          <b>CONSOLIDATED STATEMENTS OF CASH FLOWS</b>
        </td>
      </tr>
      <tr>
        <td colspan="10" style="text-align: center; padding-left: 0.0px" valign="bottom">
          <b>(Unaudited)</b>
        </td>
      </tr>
      <tr>
        <td colspan="10" style="text-align: center; padding-left: 0.0px" valign="bottom">
          <b>PRELIMINARY</b>
        </td>
      </tr>
      <tr>
        <td>
          &#160;
        </td>
        <td>
          &#160;
        </td>
        <td>
          &#160;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px" valign="bottom">

        </td>
        <td style="text-align: left; padding-left: 0.0px" valign="bottom">

        </td>
        <td style="text-align: left; padding-left: 0.0px" valign="bottom">

        </td>
        <td style="text-align: left; padding-left: 0.0px" valign="bottom">

        </td>
        <td style="text-align: left; padding-left: 0.0px" valign="bottom">

        </td>
        <td colspan="5" style="text-align: center; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          <b>Six Months Ended</b>
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-bottom: 2.0px; padding-left: 0.0px" valign="bottom">

        </td>
        <td style="text-align: left; padding-bottom: 2.0px; padding-left: 0.0px" valign="bottom">

        </td>
        <td style="text-align: left; padding-bottom: 2.0px; padding-left: 0.0px" valign="bottom">

        </td>
        <td style="text-align: left; padding-bottom: 2.0px; padding-left: 0.0px" valign="bottom">

        </td>
        <td style="text-align: left; padding-bottom: 2.0px; padding-left: 0.0px" valign="bottom">

        </td>
        <td colspan="5" style="text-align: center; border-bottom-style: solid; white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          <b>December 31,</b>
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2" style="text-align: center; border-bottom-style: solid; white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          <b>2017</b>
        </td>
        <td>

        </td>
        <td colspan="2" style="text-align: center; border-bottom-style: solid; white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          <b>2016</b>
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="5" style="text-align: center; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          <b>(in thousands)</b>
        </td>
      </tr>
      <tr>
        <td colspan="4" style="text-align: left; padding-left: 0.0px" valign="bottom">
          <b>CASH FLOW FROM OPERATING ACTIVITIES:</b>
        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td colspan="3" style="text-align: left; padding-left: 0.0px" valign="bottom">
          Net (Loss) Income
        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          (67,866
        </td>
        <td style="text-align: left; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          )
        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          39,904
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td colspan="3" style="text-align: left; padding-left: 0.0px" valign="bottom">
          Loss (Income) from Discontinued Operations
        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          34,808
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          (6,668
        </td>
        <td style="text-align: left; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          )
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td colspan="3" style="text-align: left; padding-left: 0.0px" valign="bottom">
          Adjustments to Reconcile Net (Loss) Income to Net Cash Provided by
          Operating Activities:
        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2" style="text-align: left; padding-left: 0.0px" valign="bottom">
          Stock-Based Compensation Expense
        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          8,780
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          9,333
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2" style="text-align: left; padding-left: 0.0px" valign="bottom">
          Depreciation
        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          24,865
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          26,043
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2" style="text-align: left; padding-left: 0.0px" valign="bottom">
          Amortization
        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          5,311
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          6,047
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2" style="text-align: left; padding-left: 0.0px" valign="bottom">
          Provision for Refunds and Uncollectible Accounts
        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          20,305
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          20,111
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2" style="text-align: left; padding-left: 0.0px" valign="bottom">
          Deferred Income Taxes
        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          1,258
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          10,730
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2" style="text-align: left; padding-left: 0.0px" valign="bottom">
          Loss on Disposals, Accelerated Depreciation and Adjustments to Land,
          Building and Equipment
        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          30,201
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          3,229
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2" style="text-align: left; padding-left: 0.0px" valign="bottom">
          Changes in Assets and Liabilities:
        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: left; padding-left: 0.0px" valign="bottom">
          Accounts Receivable
        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          (7,150
        </td>
        <td style="text-align: left; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          (9,094
        </td>
        <td style="text-align: left; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          )
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: left; padding-left: 0.0px" valign="bottom">
          Prepaid Expenses and Other
        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          (30,810
        </td>
        <td style="text-align: left; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          (34,805
        </td>
        <td style="text-align: left; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          )
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: left; padding-left: 0.0px" valign="bottom">
          Accounts Payable
        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          (2,569
        </td>
        <td style="text-align: left; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          (8,200
        </td>
        <td style="text-align: left; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          )
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: left; padding-left: 0.0px" valign="bottom">
          Accrued Salaries, Wages, Benefits and Liabilities
        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          (28,204
        </td>
        <td style="text-align: left; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          (993
        </td>
        <td style="text-align: left; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          )
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: left; padding-left: 0.0px" valign="bottom">
          Deferred Revenue
        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          (34,570
        </td>
        <td style="text-align: left; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          (19,255
        </td>
        <td style="text-align: left; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          )
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: left; padding-bottom: 2.0px; padding-left: 0.0px" valign="bottom">
          Income Taxes Payable, Long-Term
        </td>
        <td>

        </td>
        <td style="text-align: right; border-bottom-style: solid; white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          88,562
        </td>
        <td style="border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td style="text-align: right; border-bottom-style: solid; white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          -
        </td>
        <td style="border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt">
          &#160;
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td colspan="3" style="text-align: left; padding-left: 0.0px" valign="bottom">
          Net Cash Provided by Operating Activities-Continuing Operations
        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          42,921
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          36,382
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td colspan="3" style="text-align: left; padding-bottom: 2.0px; padding-left: 0.0px" valign="bottom">
          Net Cash Provided by Operating Activities-Discontinued Operations
        </td>
        <td>

        </td>
        <td style="text-align: right; border-bottom-style: solid; white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          6,692
        </td>
        <td style="border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td style="text-align: right; border-bottom-style: solid; white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          5,096
        </td>
        <td style="border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt">
          &#160;
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td colspan="3" style="text-align: left; padding-bottom: 2.0px; padding-left: 0.0px" valign="bottom">
          <b>NET CASH PROVIDED BY OPERATING ACTIVITIES</b>
        </td>
        <td>

        </td>
        <td style="text-align: right; border-bottom-style: solid; white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          49,613
        </td>
        <td style="border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td style="text-align: right; border-bottom-style: solid; white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          41,478
        </td>
        <td style="border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt">
          &#160;
        </td>
      </tr>
      <tr>
        <td colspan="4" style="text-align: left; padding-left: 0.0px" valign="bottom">
          <b>CASH FLOWS FROM INVESTING ACTIVITIES:</b>
        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td colspan="3" style="text-align: left; padding-left: 0.0px" valign="bottom">
          Capital Expenditures
        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          (32,594
        </td>
        <td style="text-align: left; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          (18,771
        </td>
        <td style="text-align: left; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          )
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td colspan="3" style="text-align: left; padding-left: 0.0px" valign="bottom">
          Payment for Purchase of Businesses, Net of Cash Acquired
        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          (972
        </td>
        <td style="text-align: left; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          (330,567
        </td>
        <td style="text-align: left; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          )
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td colspan="3" style="text-align: left; padding-bottom: 2.0px; padding-left: 0.0px" valign="bottom">
          Marketable Securities Purchased
        </td>
        <td>

        </td>
        <td style="text-align: right; border-bottom-style: solid; white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          (136
        </td>
        <td style="text-align: left; border-bottom-style: solid; white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td style="text-align: right; border-bottom-style: solid; white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          (73
        </td>
        <td style="text-align: left; border-bottom-style: solid; white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          )
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td colspan="3" style="text-align: left; padding-left: 0.0px" valign="bottom">
          Net Cash Used in Investing Activities-Continuing Operations
        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          (33,702
        </td>
        <td style="text-align: left; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          (349,411
        </td>
        <td style="text-align: left; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          )
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td colspan="3" style="text-align: left; padding-bottom: 2.0px; padding-left: 0.0px" valign="bottom">
          Net Cash Provided by (Used in) Investing Activities-Discontinued
          Operations
        </td>
        <td>

        </td>
        <td style="text-align: right; border-bottom-style: solid; white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          8,575
        </td>
        <td style="border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td style="text-align: right; border-bottom-style: solid; white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          (1,635
        </td>
        <td style="text-align: left; border-bottom-style: solid; white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          )
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td colspan="3" style="text-align: left; padding-bottom: 2.0px; padding-left: 0.0px" valign="bottom">
          <b>NET CASH USED IN INVESTING ACTIVITIES</b>
        </td>
        <td>

        </td>
        <td style="text-align: right; border-bottom-style: solid; white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          (25,127
        </td>
        <td style="text-align: left; border-bottom-style: solid; white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td style="text-align: right; border-bottom-style: solid; white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          (351,046
        </td>
        <td style="text-align: left; border-bottom-style: solid; white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          )
        </td>
      </tr>
      <tr>
        <td colspan="4" style="text-align: left; padding-left: 0.0px" valign="bottom">
          <b>CASH FLOWS FROM FINANCING ACTIVITIES:</b>
        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td colspan="3" style="text-align: left; padding-left: 0.0px" valign="bottom">
          Proceeds from Exercise of Stock Options
        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          9,582
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          13,784
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td colspan="3" style="text-align: left; padding-left: 0.0px" valign="bottom">
          Employee Taxes Paid on Withholding Shares
        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          (3,806
        </td>
        <td style="text-align: left; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          (2,650
        </td>
        <td style="text-align: left; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          )
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td colspan="3" style="text-align: left; padding-left: 0.0px" valign="bottom">
          Proceeds from Stock Issued Under Colleague Stock Purchase Plan
        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          391
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          439
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td colspan="3" style="text-align: left; padding-left: 0.0px" valign="bottom">
          Repurchase of Common Stock for Treasury
        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          (93,178
        </td>
        <td style="text-align: left; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          (16,381
        </td>
        <td style="text-align: left; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          )
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td colspan="3" style="text-align: left; padding-left: 0.0px" valign="bottom">
          Cash Dividends Paid
        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          -
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          (11,412
        </td>
        <td style="text-align: left; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          )
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td colspan="3" style="text-align: left; padding-left: 0.0px" valign="bottom">
          Payments of Seller Financed Obligations
        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          (7,941
        </td>
        <td style="text-align: left; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          (3,518
        </td>
        <td style="text-align: left; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          )
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td colspan="3" style="text-align: left; padding-left: 0.0px" valign="bottom">
          Borrowings Under Revolving Credit Facility
        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          201,000
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          405,000
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td colspan="3" style="text-align: left; padding-bottom: 2.0px; padding-left: 0.0px" valign="bottom">
          Repayments Under Revolving Credit Facility
        </td>
        <td>

        </td>
        <td style="text-align: right; border-bottom-style: solid; white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          (161,000
        </td>
        <td style="text-align: left; border-bottom-style: solid; white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td style="text-align: right; border-bottom-style: solid; white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          (180,000
        </td>
        <td style="text-align: left; border-bottom-style: solid; white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          )
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td colspan="3" style="text-align: left; padding-bottom: 2.0px; padding-left: 0.0px" valign="bottom">
          <b>NET CASH (USED IN) PROVIDED BY FINANCING ACTIVITIES</b>
        </td>
        <td>

        </td>
        <td style="text-align: right; border-bottom-style: solid; white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          (54,952
        </td>
        <td style="text-align: left; border-bottom-style: solid; white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td style="text-align: right; border-bottom-style: solid; white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          205,262
        </td>
        <td style="border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt">
          &#160;
        </td>
      </tr>
      <tr>
        <td colspan="4" style="text-align: left; padding-bottom: 2.0px; padding-left: 0.0px" valign="bottom">
          Effects of Exchange Rate Differences
        </td>
        <td>

        </td>
        <td style="text-align: right; border-bottom-style: solid; white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          (1,043
        </td>
        <td style="text-align: left; border-bottom-style: solid; white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td style="text-align: right; border-bottom-style: solid; white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          (4
        </td>
        <td style="text-align: left; border-bottom-style: solid; white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          )
        </td>
      </tr>
      <tr>
        <td colspan="4" style="text-align: left; padding-left: 0.0px" valign="bottom">
          <b>NET DECREASE IN CASH, CASH EQUIVALENTS AND RESTRICTED CASH</b>
        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          (31,509
        </td>
        <td style="text-align: left; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          (104,310
        </td>
        <td style="text-align: left; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          )
        </td>
      </tr>
      <tr>
        <td colspan="4" style="text-align: left; padding-bottom: 2.0px; padding-left: 0.0px" valign="bottom">
          Cash, Cash Equivalents and Restricted Cash at Beginning of Period
        </td>
        <td>

        </td>
        <td style="text-align: right; border-bottom-style: solid; white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          251,096
        </td>
        <td style="border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td style="text-align: right; border-bottom-style: solid; white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          315,347
        </td>
        <td style="border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt">
          &#160;
        </td>
      </tr>
      <tr>
        <td colspan="4" style="text-align: left; padding-left: 0.0px" valign="bottom">
          Cash, Cash Equivalents and Restricted Cash at End of Period
        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          219,587
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          211,037
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td colspan="4" style="text-align: left; padding-bottom: 2.0px; padding-left: 0.0px" valign="bottom">
          Less: Cash, Cash Equivalents and Restricted Cash of Discontinued
          Operations at End of Period
        </td>
        <td>

        </td>
        <td style="text-align: right; border-bottom-style: solid; white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          6,782
        </td>
        <td style="border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td style="text-align: right; border-bottom-style: solid; white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          7,555
        </td>
        <td style="border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt">
          &#160;
        </td>
      </tr>
      <tr>
        <td colspan="4" style="text-align: left; padding-bottom: 4.0px; padding-left: 0.0px" valign="bottom">
          <b>Cash, Cash Equivalents and Restricted Cash at End of Period</b>
        </td>
        <td style="text-align: right; white-space: nowrap; padding-bottom: 4.0px; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="text-align: right; border-bottom-style: double; white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 2.25pt; padding-left: 0.0px" valign="bottom">
          212,805
        </td>
        <td style="border-bottom-style: double; border-bottom-color: black; border-bottom-width: 2.25pt">
          &#160;
        </td>
        <td style="text-align: right; white-space: nowrap; padding-bottom: 4.0px; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="text-align: right; border-bottom-style: double; white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 2.25pt; padding-left: 0.0px" valign="bottom">
          203,482
        </td>
        <td style="border-bottom-style: double; border-bottom-color: black; border-bottom-width: 2.25pt">
          &#160;
        </td>
      </tr>
    </table>
    </div>
    <div style="margin-bottom: 10pt; margin-right: 0pt; margin-left: 0pt; width: 100%; text-indent: 0pt">
      <div>
        <div style="text-align: left">

        </div>
      </div>
      <div style="page-break-after: always">
        <div style="text-align: center">

        </div>
        <div style="text-align: center">
          <hr style="color: black; height: 1.5pt">

        </div>
      </div>
      <div>
        <div style="text-align: right">

        </div>
      </div>
    </div>
<div style="text-align:left">
    <table cellspacing="0" style="font-family: Times New Roman; margin-bottom: 10.0px; width: 100%; font-size: 8pt">
      <tr>
        <td colspan="29" style="text-align: center; padding-left: 0.0px" valign="bottom">
          <b>ADTALEM GLOBAL EDUCATION INC.</b>
        </td>
      </tr>
      <tr>
        <td colspan="29" style="text-align: center; padding-left: 0.0px" valign="bottom">
          <b>SEGMENT INFORMATION</b>
        </td>
      </tr>
      <tr>
        <td colspan="29" style="text-align: center; padding-left: 0.0px" valign="bottom">
          <b>(Unaudited)</b>
        </td>
      </tr>
      <tr>
        <td colspan="29" style="text-align: center; padding-left: 0.0px" valign="bottom">
          <b>PRELIMINARY</b>
        </td>
      </tr>
      <tr>
        <td>
          &#160;
        </td>
        <td>
          &#160;
        </td>
        <td>
          &#160;
        </td>
        <td>
          &#160;
        </td>
        <td>

        </td>
        <td>
          &#160;
        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>
          &#160;
        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>
          &#160;
        </td>
        <td>
          &#160;
        </td>
        <td colspan="2">

        </td>
        <td>
          &#160;
        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>
          &#160;
        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>
          &#160;
        </td>
        <td>
          &#160;
        </td>
        <td colspan="2">

        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px" valign="bottom">

        </td>
        <td style="text-align: left; padding-left: 0.0px" valign="bottom">

        </td>
        <td style="text-align: left; padding-left: 0.0px" valign="bottom">

        </td>
        <td style="text-align: left; padding-left: 0.0px" valign="bottom">

        </td>
        <td style="text-align: left; padding-left: 0.0px" valign="bottom">

        </td>
        <td style="text-align: left; padding-left: 0.0px" valign="top">

        </td>
        <td style="text-align: left; padding-left: 0.0px" valign="bottom">

        </td>
        <td colspan="10" style="text-align: center; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          <b>Three Months Ended</b>
        </td>
        <td style="text-align: center; padding-left: 0.0px" valign="bottom">

        </td>
        <td style="text-align: center; padding-left: 0.0px" valign="bottom">

        </td>
        <td colspan="10" style="text-align: center; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          <b>Six Months Ended</b>
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-bottom: 2.0px; padding-left: 0.0px" valign="bottom">

        </td>
        <td style="text-align: left; padding-bottom: 2.0px; padding-left: 0.0px" valign="bottom">

        </td>
        <td style="text-align: left; padding-bottom: 2.0px; padding-left: 0.0px" valign="bottom">

        </td>
        <td style="text-align: left; padding-bottom: 2.0px; padding-left: 0.0px" valign="bottom">

        </td>
        <td style="text-align: left; padding-bottom: 2.0px; padding-left: 0.0px" valign="bottom">

        </td>
        <td style="text-align: left; padding-bottom: 2.0px; padding-left: 0.0px" valign="top">

        </td>
        <td style="text-align: left; padding-bottom: 2.0px; padding-left: 0.0px" valign="bottom">

        </td>
        <td colspan="10" style="text-align: center; border-bottom-style: solid; white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          <b>December 31,</b>
        </td>
        <td style="text-align: center; padding-bottom: 2.0px; padding-left: 0.0px" valign="bottom">

        </td>
        <td style="text-align: center; padding-bottom: 2.0px; padding-left: 0.0px" valign="bottom">

        </td>
        <td colspan="10" style="text-align: center; border-bottom-style: solid; white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          <b>December 31,</b>
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px" valign="bottom">

        </td>
        <td style="text-align: left; padding-left: 0.0px" valign="bottom">

        </td>
        <td style="text-align: left; padding-left: 0.0px" valign="bottom">

        </td>
        <td style="text-align: left; padding-left: 0.0px" valign="bottom">

        </td>
        <td style="text-align: left; padding-left: 0.0px" valign="bottom">

        </td>
        <td style="text-align: left; padding-left: 0.0px" valign="top">

        </td>
        <td style="text-align: left; padding-left: 0.0px" valign="bottom">

        </td>
        <td style="text-align: center; padding-left: 0.0px" valign="bottom">

        </td>
        <td style="text-align: center; padding-left: 0.0px" valign="bottom">

        </td>
        <td style="text-align: center; padding-left: 0.0px" valign="top">

        </td>
        <td style="text-align: center; padding-left: 0.0px" valign="bottom">

        </td>
        <td style="text-align: center; padding-left: 0.0px" valign="bottom">

        </td>
        <td style="text-align: center; padding-left: 0.0px" valign="bottom">

        </td>
        <td style="text-align: center; padding-left: 0.0px" valign="top">

        </td>
        <td style="text-align: center; padding-left: 0.0px" valign="bottom">

        </td>
        <td colspan="2" style="text-align: center; padding-left: 0.0px" valign="bottom">
          <b>Increase</b>
        </td>
        <td style="text-align: center; padding-left: 0.0px" valign="bottom">

        </td>
        <td style="text-align: center; padding-left: 0.0px" valign="bottom">

        </td>
        <td style="text-align: center; padding-left: 0.0px" valign="bottom">

        </td>
        <td style="text-align: center; padding-left: 0.0px" valign="bottom">

        </td>
        <td style="text-align: center; padding-left: 0.0px" valign="top">

        </td>
        <td style="text-align: center; padding-left: 0.0px" valign="bottom">

        </td>
        <td style="text-align: center; padding-left: 0.0px" valign="bottom">

        </td>
        <td style="text-align: center; padding-left: 0.0px" valign="bottom">

        </td>
        <td style="text-align: center; padding-left: 0.0px" valign="top">

        </td>
        <td style="text-align: center; padding-left: 0.0px" valign="bottom">

        </td>
        <td colspan="2" style="text-align: center; padding-left: 0.0px" valign="bottom">
          <b>Increase</b>
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-bottom: 2.0px; padding-left: 0.0px" valign="bottom">

        </td>
        <td style="text-align: left; padding-bottom: 2.0px; padding-left: 0.0px" valign="bottom">

        </td>
        <td style="text-align: left; padding-bottom: 2.0px; padding-left: 0.0px" valign="bottom">

        </td>
        <td style="text-align: left; padding-bottom: 2.0px; padding-left: 0.0px" valign="bottom">

        </td>
        <td style="text-align: left; padding-bottom: 2.0px; padding-left: 0.0px" valign="bottom">

        </td>
        <td style="text-align: left; padding-bottom: 2.0px; padding-left: 0.0px" valign="top">

        </td>
        <td style="text-align: left; padding-bottom: 2.0px; padding-left: 0.0px" valign="bottom">

        </td>
        <td style="text-align: center; border-bottom-style: solid; white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          <b>2017</b>
        </td>
        <td style="text-align: center; border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          &#160;
        </td>
        <td style="text-align: center; padding-bottom: 2.0px; padding-left: 0.0px" valign="top">

        </td>
        <td style="text-align: center; padding-bottom: 2.0px; padding-left: 0.0px" valign="bottom">

        </td>
        <td style="text-align: center; border-bottom-style: solid; white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          <b>2016</b>
        </td>
        <td style="text-align: center; border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          &#160;
        </td>
        <td style="text-align: center; padding-bottom: 2.0px; padding-left: 0.0px" valign="top">

        </td>
        <td style="text-align: center; padding-bottom: 2.0px; padding-left: 0.0px" valign="bottom">

        </td>
        <td colspan="2" style="text-align: center; border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          <b>(Decrease)</b>
        </td>
        <td style="text-align: center; padding-bottom: 2.0px; padding-left: 0.0px" valign="bottom">

        </td>
        <td style="text-align: center; padding-bottom: 2.0px; padding-left: 0.0px" valign="bottom">

        </td>
        <td style="text-align: center; border-bottom-style: solid; white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          <b>2017</b>
        </td>
        <td style="text-align: center; border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          &#160;
        </td>
        <td style="text-align: center; padding-bottom: 2.0px; padding-left: 0.0px" valign="top">

        </td>
        <td style="text-align: center; padding-bottom: 2.0px; padding-left: 0.0px" valign="bottom">

        </td>
        <td style="text-align: center; border-bottom-style: solid; white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          <b>2016</b>
        </td>
        <td style="text-align: center; border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          &#160;
        </td>
        <td style="text-align: center; padding-bottom: 2.0px; padding-left: 0.0px" valign="top">

        </td>
        <td style="text-align: center; padding-bottom: 2.0px; padding-left: 0.0px" valign="bottom">

        </td>
        <td colspan="2" style="text-align: center; border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          <b>(Decrease)</b>
        </td>
      </tr>
      <tr>
        <td colspan="5" style="text-align: left; padding-left: 0.0px" valign="bottom">
          <b>REVENUE:</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="22" style="text-align: center; padding-left: 0.0px" valign="bottom">
          <b>(in thousands)</b>
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td colspan="4" style="text-align: left; padding-left: 0.0px" valign="bottom">
          Medical and Healthcare
        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          203,297
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          201,409
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          0.9
        </td>
        <td style="text-align: left; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          %
        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          394,582
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          401,178
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          (1.6
        </td>
        <td style="text-align: left; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          )%
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td colspan="4" style="text-align: left; padding-left: 0.0px" valign="bottom">
          Professional Education
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          30,359
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          27,366
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          10.9
        </td>
        <td style="text-align: left; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          %
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          70,401
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          62,096
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          13.4
        </td>
        <td style="text-align: left; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          %
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td colspan="4" style="text-align: left; padding-left: 0.0px" valign="bottom">
          Technology and Business
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          75,133
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          73,387
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          2.4
        </td>
        <td style="text-align: left; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          %
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          137,572
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          131,627
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          4.5
        </td>
        <td style="text-align: left; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          %
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td colspan="4" style="text-align: left; padding-left: 0.0px" valign="bottom">
          U.S. Traditional Postsecondary
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          29,033
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          32,445
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          (10.5
        </td>
        <td style="text-align: left; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          )%
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          61,168
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          69,431
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          (11.9
        </td>
        <td style="text-align: left; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          )%
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td colspan="4" style="text-align: left; padding-bottom: 2.0px; padding-left: 0.0px" valign="bottom">
          Home Office and Other
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; border-bottom-style: solid; white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          (578
        </td>
        <td style="text-align: left; border-bottom-style: solid; white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; border-bottom-style: solid; white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          (649
        </td>
        <td style="text-align: left; border-bottom-style: solid; white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-bottom: 2.0px; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          10.9
        </td>
        <td style="text-align: left; white-space: nowrap; padding-bottom: 2.0px; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          %
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; border-bottom-style: solid; white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          (1,201
        </td>
        <td style="text-align: left; border-bottom-style: solid; white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; border-bottom-style: solid; white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          (1,347
        </td>
        <td style="text-align: left; border-bottom-style: solid; white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-bottom: 2.0px; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          10.8
        </td>
        <td style="text-align: left; white-space: nowrap; padding-bottom: 2.0px; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          %
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td colspan="4" style="text-align: left; padding-bottom: 2.0px; padding-left: 0.0px" valign="bottom">
          Total Consolidated Revenue
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; border-bottom-style: solid; white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          337,244
        </td>
        <td style="border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; border-bottom-style: solid; white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          333,958
        </td>
        <td style="border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-bottom: 2.0px; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          1.0
        </td>
        <td style="text-align: left; white-space: nowrap; padding-bottom: 2.0px; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          %
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; border-bottom-style: solid; white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          662,522
        </td>
        <td style="border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; border-bottom-style: solid; white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          662,985
        </td>
        <td style="border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-bottom: 2.0px; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          (0.1
        </td>
        <td style="text-align: left; white-space: nowrap; padding-bottom: 2.0px; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          )%
        </td>
      </tr>
      <tr>
        <td colspan="5" style="text-align: left; padding-left: 0.0px" valign="bottom">
          <b>OPERATING INCOME (LOSS):</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td colspan="4" style="text-align: left; padding-left: 0.0px" valign="bottom">
          Medical and Healthcare
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          55,047
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          52,152
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          5.6
        </td>
        <td style="text-align: left; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          %
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          81,279
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          96,016
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          (15.3
        </td>
        <td style="text-align: left; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          )%
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td colspan="4" style="text-align: left; padding-left: 0.0px" valign="bottom">
          Professional Education
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          2,193
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          134
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          1,536.6
        </td>
        <td style="text-align: left; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          %
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          12,700
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          6,191
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          105.1
        </td>
        <td style="text-align: left; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          %
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td colspan="4" style="text-align: left; padding-left: 0.0px" valign="bottom">
          Technology and Business
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          13,991
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          13,482
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          3.8
        </td>
        <td style="text-align: left; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          %
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          15,852
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          11,506
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          37.8
        </td>
        <td style="text-align: left; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          %
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td colspan="4" style="text-align: left; padding-left: 0.0px" valign="bottom">
          U.S. Traditional Postsecondary
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          (5,779
        </td>
        <td style="text-align: left; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          (6,281
        </td>
        <td style="text-align: left; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          8.0
        </td>
        <td style="text-align: left; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          %
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          (11,293
        </td>
        <td style="text-align: left; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          (8,301
        </td>
        <td style="text-align: left; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          (36.0
        </td>
        <td style="text-align: left; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          )%
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td colspan="4" style="text-align: left; padding-bottom: 2.0px; padding-left: 0.0px" valign="bottom">
          Home Office and Other
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; border-bottom-style: solid; white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          (10,068
        </td>
        <td style="text-align: left; border-bottom-style: solid; white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; border-bottom-style: solid; white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          (60,957
        </td>
        <td style="text-align: left; border-bottom-style: solid; white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-bottom: 2.0px; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          83.5
        </td>
        <td style="text-align: left; white-space: nowrap; padding-bottom: 2.0px; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          %
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; border-bottom-style: solid; white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          (17,412
        </td>
        <td style="text-align: left; border-bottom-style: solid; white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; border-bottom-style: solid; white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          (72,156
        </td>
        <td style="text-align: left; border-bottom-style: solid; white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-bottom: 2.0px; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          75.9
        </td>
        <td style="text-align: left; white-space: nowrap; padding-bottom: 2.0px; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          %
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td colspan="4" style="text-align: left; padding-bottom: 2.0px; padding-left: 0.0px" valign="bottom">
          Total Consolidated Operating Income (Loss)
        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-bottom: 2.0px; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="text-align: right; border-bottom-style: solid; white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          55,384
        </td>
        <td style="border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-bottom: 2.0px; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="text-align: right; border-bottom-style: solid; white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          (1,470
        </td>
        <td style="text-align: left; border-bottom-style: solid; white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-bottom: 2.0px; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          NM
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-bottom: 2.0px; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="text-align: right; border-bottom-style: solid; white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          81,126
        </td>
        <td style="border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-bottom: 2.0px; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="text-align: right; border-bottom-style: solid; white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          33,256
        </td>
        <td style="border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-bottom: 2.0px; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          143.9
        </td>
        <td style="text-align: left; white-space: nowrap; padding-bottom: 2.0px; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          %
        </td>
      </tr>
    </table>
    </div>
<div style="text-align:left">
    <table cellspacing="0" style="font-family: Times New Roman; margin-bottom: 10.0px; width: 100%; font-size: 8pt">
      <tr>
        <td style="padding-left: 0.0px" valign="bottom">
          <p style="margin-bottom: 0px; margin-top: 0px">
            <b>NON-GAAP INFORMATION</b><br>
          </p>
          <p style="margin-bottom: 0px; margin-top: 0px">
            During the second quarter and first six months of fiscal year
            2018, Adtalem classified the operating results of DeVry University
            as discontinued operations, and recorded special items related to
            the following: (i) Restructuring charges primarily related to
            workforce reductions and real estate consolidations at Carrington
            College (&quot;Carrington&quot;), which is part of the U.S. Traditional
            Postsecondary segment, and Adtalem's home office (not related to
            any segment); and (ii) Income tax charges related to
            implementation of the Tax Cuts and Jobs Act of 2017. During the
            second quarter and first six months of fiscal year 2017, Adtalem
            recorded special items related to the following: (i) Restructuring
            charges primarily related to real estate consolidations at
            Carrington and Adtalem's home office in order to align its cost
            structure with enrollments; and (ii) Charges related to regulatory
            settlement agreements. In addition, in accordance with U.S.
            Generally Accepted Accounting Principles (&quot;GAAP&quot;), the operating
            results of DeVry University are reclassified as discontinued
            operations for the second quarter and first six months of fiscal
            year 2017. The following tables illustrate the effects of the
            discontinued operations and special items on Adtalem&#8217;s operating
            income and net income. Management believes that the non-GAAP
            disclosure of operating income and net income excluding the
            discontinued operations and special items provides investors with
            useful supplemental information regarding the underlying business
            trends and performance of Adtalem&#8217;s ongoing operations and is
            useful for period-over-period comparisons of such operations given
            the special nature of discontinued operations, restructuring
            charges and regulatory settlements. Adtalem uses these
            supplemental financial measures internally in its management and
            budgeting process. However, these non-GAAP financial measures
            should be viewed in addition to, and not as a substitute for,
            Adtalem&#8217;s reported results prepared in accordance with GAAP. The
            following tables reconcile these non-GAAP measures to the most
            directly comparable GAAP information (in thousands):
          </p>
        </td>
      </tr>
    </table>
    </div>
<div style="text-align:left">
    <table cellspacing="0" style="font-family: Times New Roman; margin-bottom: 10.0px; width: 100%; font-size: 8pt">
      <tr>
        <td>
          &#160;
        </td>
        <td>
          &#160;
        </td>
        <td>
          &#160;
        </td>
        <td>
          &#160;
        </td>
        <td>

        </td>
        <td>
          &#160;
        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>
          &#160;
        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>
          &#160;
        </td>
        <td colspan="2">

        </td>
        <td>
          &#160;
        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>
          &#160;
        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>
          &#160;
        </td>
        <td colspan="2">

        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px" valign="bottom">

        </td>
        <td style="text-align: left; padding-left: 0.0px" valign="bottom">

        </td>
        <td style="text-align: left; padding-left: 0.0px" valign="bottom">

        </td>
        <td style="text-align: left; padding-left: 0.0px" valign="bottom">

        </td>
        <td style="text-align: left; padding-left: 0.0px" valign="bottom">

        </td>
        <td style="text-align: left; padding-left: 0.0px" valign="top">

        </td>
        <td style="text-align: left; padding-left: 0.0px" valign="bottom">

        </td>
        <td colspan="9" style="text-align: center; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          <b>Three Months Ended</b>
        </td>
        <td style="text-align: center; padding-left: 0.0px" valign="bottom">

        </td>
        <td style="text-align: center; padding-left: 0.0px" valign="bottom">

        </td>
        <td colspan="9" style="text-align: center; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          <b>Six Months Ended</b>
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-bottom: 2.0px; padding-left: 0.0px" valign="bottom">

        </td>
        <td style="text-align: left; padding-bottom: 2.0px; padding-left: 0.0px" valign="bottom">

        </td>
        <td style="text-align: left; padding-bottom: 2.0px; padding-left: 0.0px" valign="bottom">

        </td>
        <td style="text-align: left; padding-bottom: 2.0px; padding-left: 0.0px" valign="bottom">

        </td>
        <td style="text-align: left; padding-bottom: 2.0px; padding-left: 0.0px" valign="bottom">

        </td>
        <td style="text-align: left; padding-bottom: 2.0px; padding-left: 0.0px" valign="top">

        </td>
        <td style="text-align: left; padding-bottom: 2.0px; padding-left: 0.0px" valign="bottom">

        </td>
        <td colspan="9" style="text-align: center; border-bottom-style: solid; white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          <b>December 31,</b>
        </td>
        <td style="text-align: center; padding-bottom: 2.0px; padding-left: 0.0px" valign="bottom">

        </td>
        <td style="text-align: center; padding-bottom: 2.0px; padding-left: 0.0px" valign="bottom">

        </td>
        <td colspan="9" style="text-align: center; border-bottom-style: solid; white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          <b>December 31,</b>
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px" valign="bottom">

        </td>
        <td style="text-align: left; padding-left: 0.0px" valign="bottom">

        </td>
        <td style="text-align: left; padding-left: 0.0px" valign="bottom">

        </td>
        <td style="text-align: left; padding-left: 0.0px" valign="bottom">

        </td>
        <td style="text-align: left; padding-left: 0.0px" valign="bottom">

        </td>
        <td style="text-align: left; padding-left: 0.0px" valign="top">

        </td>
        <td style="text-align: left; padding-left: 0.0px" valign="bottom">

        </td>
        <td style="text-align: center; padding-left: 0.0px" valign="bottom">

        </td>
        <td style="text-align: center; padding-left: 0.0px" valign="bottom">

        </td>
        <td style="text-align: center; padding-left: 0.0px" valign="top">

        </td>
        <td style="text-align: center; padding-left: 0.0px" valign="bottom">

        </td>
        <td style="text-align: center; padding-left: 0.0px" valign="bottom">

        </td>
        <td style="text-align: center; padding-left: 0.0px" valign="bottom">

        </td>
        <td style="text-align: center; padding-left: 0.0px" valign="bottom">

        </td>
        <td colspan="2" style="text-align: center; padding-left: 0.0px" valign="bottom">
          <b>Increase</b>
        </td>
        <td style="text-align: center; padding-left: 0.0px" valign="bottom">

        </td>
        <td style="text-align: center; padding-left: 0.0px" valign="bottom">

        </td>
        <td style="text-align: center; padding-left: 0.0px" valign="bottom">

        </td>
        <td style="text-align: center; padding-left: 0.0px" valign="bottom">

        </td>
        <td style="text-align: center; padding-left: 0.0px" valign="top">

        </td>
        <td style="text-align: center; padding-left: 0.0px" valign="bottom">

        </td>
        <td style="text-align: center; padding-left: 0.0px" valign="bottom">

        </td>
        <td style="text-align: center; padding-left: 0.0px" valign="bottom">

        </td>
        <td style="text-align: center; padding-left: 0.0px" valign="bottom">

        </td>
        <td colspan="2" style="text-align: center; padding-left: 0.0px" valign="bottom">
          <b>Increase</b>
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-bottom: 2.0px; padding-left: 0.0px" valign="bottom">

        </td>
        <td style="text-align: left; padding-bottom: 2.0px; padding-left: 0.0px" valign="bottom">

        </td>
        <td style="text-align: left; padding-bottom: 2.0px; padding-left: 0.0px" valign="bottom">

        </td>
        <td style="text-align: left; padding-bottom: 2.0px; padding-left: 0.0px" valign="bottom">

        </td>
        <td style="text-align: left; padding-bottom: 2.0px; padding-left: 0.0px" valign="bottom">

        </td>
        <td style="text-align: left; padding-bottom: 2.0px; padding-left: 0.0px" valign="top">

        </td>
        <td style="text-align: left; padding-bottom: 2.0px; padding-left: 0.0px" valign="bottom">

        </td>
        <td style="text-align: center; border-bottom-style: solid; white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          <b>2017</b>
        </td>
        <td style="text-align: center; border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          &#160;
        </td>
        <td style="text-align: center; padding-bottom: 2.0px; padding-left: 0.0px" valign="top">

        </td>
        <td style="text-align: center; padding-bottom: 2.0px; padding-left: 0.0px" valign="bottom">

        </td>
        <td style="text-align: center; border-bottom-style: solid; white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          <b>2016</b>
        </td>
        <td style="text-align: center; border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          &#160;
        </td>
        <td style="text-align: center; padding-bottom: 2.0px; padding-left: 0.0px" valign="bottom">

        </td>
        <td colspan="2" style="text-align: center; border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          <b>(Decrease)</b>
        </td>
        <td style="text-align: center; padding-bottom: 2.0px; padding-left: 0.0px" valign="bottom">

        </td>
        <td style="text-align: center; padding-bottom: 2.0px; padding-left: 0.0px" valign="bottom">

        </td>
        <td style="text-align: center; border-bottom-style: solid; white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          <b>2017</b>
        </td>
        <td style="text-align: center; border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          &#160;
        </td>
        <td style="text-align: center; padding-bottom: 2.0px; padding-left: 0.0px" valign="top">

        </td>
        <td style="text-align: center; padding-bottom: 2.0px; padding-left: 0.0px" valign="bottom">

        </td>
        <td style="text-align: center; border-bottom-style: solid; white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          <b>2016</b>
        </td>
        <td style="text-align: center; border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          &#160;
        </td>
        <td style="text-align: center; padding-bottom: 2.0px; padding-left: 0.0px" valign="bottom">

        </td>
        <td colspan="2" style="text-align: center; border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          <b>(Decrease)</b>
        </td>
      </tr>
      <tr>
        <td colspan="5" style="text-align: left; padding-left: 0.0px" valign="bottom">
          Medical and Healthcare Operating Income
        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          55,047
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          52,152
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          5.6
        </td>
        <td style="text-align: left; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          %
        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          81,279
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          96,016
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          (15.3
        </td>
        <td style="text-align: left; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          )%
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td colspan="4" style="text-align: left; padding-bottom: 2.0px; padding-left: 0.0px" valign="bottom">
          Restructuring Expense
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; border-bottom-style: solid; white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          -
        </td>
        <td style="border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; border-bottom-style: solid; white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          -
        </td>
        <td style="border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-bottom: 2.0px; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          NM
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; border-bottom-style: solid; white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          112
        </td>
        <td style="border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; border-bottom-style: solid; white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          -
        </td>
        <td style="border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-bottom: 2.0px; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          NM
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td colspan="5" style="text-align: left; padding-left: 0.0px" valign="bottom">
          Medical and Healthcare Operating Income
        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td colspan="4" style="text-align: left; padding-bottom: 2.0px; padding-left: 0.0px" valign="bottom">
          Excluding Special Items
        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-bottom: 2.0px; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="text-align: right; border-bottom-style: solid; white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          55,047
        </td>
        <td style="border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-bottom: 2.0px; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="text-align: right; border-bottom-style: solid; white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          52,152
        </td>
        <td style="border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-bottom: 2.0px; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          5.6
        </td>
        <td style="text-align: left; white-space: nowrap; padding-bottom: 2.0px; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          %
        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-bottom: 2.0px; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="text-align: right; border-bottom-style: solid; white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          81,391
        </td>
        <td style="border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-bottom: 2.0px; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="text-align: right; border-bottom-style: solid; white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          96,016
        </td>
        <td style="border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-bottom: 2.0px; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          (15.2
        </td>
        <td style="text-align: left; white-space: nowrap; padding-bottom: 2.0px; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          )%
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td colspan="2">
          &#160;
        </td>
      </tr>
      <tr>
        <td colspan="5" style="text-align: left; padding-left: 0.0px" valign="bottom">
          U.S. Traditional Postsecondary Operating Loss
        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          (5,779
        </td>
        <td style="text-align: left; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          (6,281
        </td>
        <td style="text-align: left; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          8.0
        </td>
        <td style="text-align: left; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          %
        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          (11,293
        </td>
        <td style="text-align: left; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          (8,301
        </td>
        <td style="text-align: left; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          (36.0
        </td>
        <td style="text-align: left; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          )%
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td colspan="4" style="text-align: left; padding-bottom: 2.0px; padding-left: 0.0px" valign="bottom">
          Restructuring Expense
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; border-bottom-style: solid; white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          1,128
        </td>
        <td style="border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; border-bottom-style: solid; white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          2,335
        </td>
        <td style="border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-bottom: 2.0px; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          (51.7
        </td>
        <td style="text-align: left; white-space: nowrap; padding-bottom: 2.0px; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          )%
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; border-bottom-style: solid; white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          2,378
        </td>
        <td style="border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; border-bottom-style: solid; white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          3,703
        </td>
        <td style="border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-bottom: 2.0px; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          (35.8
        </td>
        <td style="text-align: left; white-space: nowrap; padding-bottom: 2.0px; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          )%
        </td>
      </tr>
      <tr>
        <td colspan="5" style="text-align: left; padding-left: 0.0px" valign="bottom">
          U.S. Traditional Postsecondary Operating Loss
        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td colspan="4" style="text-align: left; padding-bottom: 2.0px; padding-left: 0.0px" valign="bottom">
          Excluding Special Items
        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-bottom: 2.0px; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="text-align: right; border-bottom-style: solid; white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          (4,651
        </td>
        <td style="text-align: left; border-bottom-style: solid; white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-bottom: 2.0px; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="text-align: right; border-bottom-style: solid; white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          (3,946
        </td>
        <td style="text-align: left; border-bottom-style: solid; white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-bottom: 2.0px; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          (17.9
        </td>
        <td style="text-align: left; white-space: nowrap; padding-bottom: 2.0px; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          )%
        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-bottom: 2.0px; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="text-align: right; border-bottom-style: solid; white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          (8,915
        </td>
        <td style="text-align: left; border-bottom-style: solid; white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-bottom: 2.0px; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="text-align: right; border-bottom-style: solid; white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          (4,598
        </td>
        <td style="text-align: left; border-bottom-style: solid; white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-bottom: 2.0px; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          (93.9
        </td>
        <td style="text-align: left; white-space: nowrap; padding-bottom: 2.0px; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          )%
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td colspan="2">
          &#160;
        </td>
      </tr>
      <tr>
        <td colspan="5" style="text-align: left; padding-left: 0.0px" valign="bottom">
          Home Office and Other Operating Loss
        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          (10,068
        </td>
        <td style="text-align: left; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          (60,957
        </td>
        <td style="text-align: left; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          83.5
        </td>
        <td style="text-align: left; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          %
        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          (17,412
        </td>
        <td style="text-align: left; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          (72,156
        </td>
        <td style="text-align: left; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          75.9
        </td>
        <td style="text-align: left; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          %
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td colspan="4" style="text-align: left; padding-left: 0.0px" valign="bottom">
          Restructuring Expense
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          1,426
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          628
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          127.1
        </td>
        <td style="text-align: left; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          %
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          2,451
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          2,610
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          (6.1
        </td>
        <td style="text-align: left; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          )%
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td colspan="4" style="text-align: left; padding-bottom: 2.0px; padding-left: 0.0px" valign="bottom">
          Regulatory Settlement
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; border-bottom-style: solid; white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          -
        </td>
        <td style="border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; border-bottom-style: solid; white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          52,150
        </td>
        <td style="border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-bottom: 2.0px; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          NM
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; border-bottom-style: solid; white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          -
        </td>
        <td style="border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; border-bottom-style: solid; white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          52,150
        </td>
        <td style="border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-bottom: 2.0px; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          NM
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td colspan="5" style="text-align: left; padding-left: 0.0px" valign="bottom">
          Home Office and Other Operating Loss
        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td colspan="4" style="text-align: left; padding-bottom: 2.0px; padding-left: 0.0px" valign="bottom">
          Excluding Special Items
        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-bottom: 2.0px; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="text-align: right; border-bottom-style: solid; white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          (8,642
        </td>
        <td style="text-align: left; border-bottom-style: solid; white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-bottom: 2.0px; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="text-align: right; border-bottom-style: solid; white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          (8,179
        </td>
        <td style="text-align: left; border-bottom-style: solid; white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-bottom: 2.0px; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          (5.7
        </td>
        <td style="text-align: left; white-space: nowrap; padding-bottom: 2.0px; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          )%
        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-bottom: 2.0px; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="text-align: right; border-bottom-style: solid; white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          (14,961
        </td>
        <td style="text-align: left; border-bottom-style: solid; white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-bottom: 2.0px; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="text-align: right; border-bottom-style: solid; white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          (17,396
        </td>
        <td style="text-align: left; border-bottom-style: solid; white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-bottom: 2.0px; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          14.0
        </td>
        <td style="text-align: left; white-space: nowrap; padding-bottom: 2.0px; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          %
        </td>
      </tr>
    </table>
    </div>
    <div style="margin-bottom: 10pt; margin-right: 0pt; margin-left: 0pt; width: 100%; text-indent: 0pt">
      <div>
        <div style="text-align: left">

        </div>
      </div>
      <div style="page-break-after: always">
        <div style="text-align: center">

        </div>
        <div style="text-align: center">
          <hr style="color: black; height: 1.5pt">

        </div>
      </div>
      <div>
        <div style="text-align: right">

        </div>
      </div>
    </div>
<div style="text-align:left">
    <table cellspacing="0" style="font-family: Times New Roman; margin-bottom: 10.0px; width: 100%; font-size: 8pt">
      <tr>
        <td colspan="20" style="text-align: center; padding-left: 0.0px" valign="bottom">
          <b>ADTALEM GLOBAL EDUCATION INC.</b>
        </td>
      </tr>
      <tr>
        <td colspan="20" style="text-align: center; padding-left: 0.0px" valign="bottom">
          <b>NON-GAAP EARNINGS DISCLOSURE</b>
        </td>
      </tr>
      <tr>
        <td colspan="20" style="text-align: center; padding-left: 0.0px" valign="bottom">
          <b>(Unaudited)</b>
        </td>
      </tr>
      <tr>
        <td colspan="20" style="text-align: center; padding-left: 0.0px" valign="bottom">
          <b>PRELIMINARY</b>
        </td>
      </tr>
      <tr>
        <td>
          &#160;
        </td>
        <td>
          &#160;
        </td>
        <td>
          &#160;
        </td>
        <td>

        </td>
        <td>
          &#160;
        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>
          &#160;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>
          &#160;
        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px" valign="bottom">

        </td>
        <td style="text-align: left; padding-left: 0.0px" valign="bottom">

        </td>
        <td style="text-align: left; padding-left: 0.0px" valign="bottom">

        </td>
        <td style="text-align: left; padding-left: 0.0px" valign="bottom">

        </td>
        <td style="text-align: left; padding-left: 0.0px" valign="top">

        </td>
        <td style="text-align: left; padding-left: 0.0px" valign="bottom">

        </td>
        <td colspan="6" style="text-align: center; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          <b>Three Months Ended</b>
        </td>
        <td style="text-align: center; padding-left: 0.0px" valign="bottom">

        </td>
        <td style="text-align: left; padding-left: 0.0px" valign="bottom">

        </td>
        <td colspan="6" style="text-align: center; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          <b>Six Months Ended</b>
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-bottom: 2.0px; padding-left: 0.0px" valign="bottom">

        </td>
        <td style="text-align: left; padding-bottom: 2.0px; padding-left: 0.0px" valign="bottom">

        </td>
        <td style="text-align: left; padding-bottom: 2.0px; padding-left: 0.0px" valign="bottom">

        </td>
        <td style="text-align: left; padding-bottom: 2.0px; padding-left: 0.0px" valign="bottom">

        </td>
        <td style="text-align: left; padding-bottom: 2.0px; padding-left: 0.0px" valign="top">

        </td>
        <td style="text-align: left; padding-bottom: 2.0px; padding-left: 0.0px" valign="bottom">

        </td>
        <td colspan="6" style="text-align: center; border-bottom-style: solid; white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          <b>December 31,</b>
        </td>
        <td style="text-align: center; padding-bottom: 2.0px; padding-left: 0.0px" valign="bottom">

        </td>
        <td style="text-align: left; padding-bottom: 2.0px; padding-left: 0.0px" valign="bottom">

        </td>
        <td colspan="6" style="text-align: center; border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          <b>December 31,</b>
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2" style="text-align: center; border-bottom-style: solid; white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          <b>2017</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2" style="text-align: center; border-bottom-style: solid; white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          <b>2016</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3" style="text-align: center; border-bottom-style: solid; white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          <b>2017</b>
        </td>
        <td>

        </td>
        <td colspan="2" style="text-align: center; border-bottom-style: solid; white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          <b>2016</b>
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="14" style="text-align: center; padding-left: 0.0px" valign="bottom">
          <b>(in thousands, except per share amounts)</b>
        </td>
      </tr>
      <tr>
        <td colspan="4" style="text-align: left; padding-left: 0.0px" valign="bottom">
          <b>Net (Loss) Income</b>
        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          (81,156
        </td>
        <td style="text-align: left; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          14,413
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          (68,371
        </td>
        <td style="text-align: left; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          39,565
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td colspan="3" style="text-align: left; padding-left: 0.0px" valign="bottom">
          (Loss) Earnings per Share (basic-2017, diluted-2016)
        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          (1.33
        </td>
        <td style="text-align: left; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          0.23
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          (1.10
        </td>
        <td style="text-align: left; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          0.62
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td colspan="4" style="text-align: left; padding-left: 0.0px" valign="bottom">
          <b>Continuing Operations:</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td colspan="3" style="text-align: left; padding-left: 0.0px" valign="bottom">
          Restructuring Expense
        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          2,554
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          2,963
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          4,941
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          6,313
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2" style="text-align: left; padding-left: 0.0px" valign="bottom">
          Effect on Earnings per Share (diluted)
        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          0.04
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          0.05
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          0.08
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          0.10
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td colspan="3" style="text-align: left; padding-left: 0.0px" valign="bottom">
          Tax Cuts and Jobs Act of 2017
        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          101,196
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          -
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          101,196
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          -
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2" style="text-align: left; padding-left: 0.0px" valign="bottom">
          Effect on Earnings per Share (diluted)
        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          1.63
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          -
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          1.61
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          -
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td colspan="3" style="text-align: left; padding-left: 0.0px" valign="bottom">
          Regulatory Settlements
        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          -
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          52,150
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          -
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          52,150
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2" style="text-align: left; padding-left: 0.0px" valign="bottom">
          Effect on Earnings per Share (diluted)
        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          -
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          0.81
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          -
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          0.82
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td colspan="3" style="text-align: left; padding-left: 0.0px" valign="bottom">
          Income Tax Impact on Non-GAAP Adjustments
        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          (695
        </td>
        <td style="text-align: left; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          (20,938
        </td>
        <td style="text-align: left; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          (1,284
        </td>
        <td style="text-align: left; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          (21,856
        </td>
        <td style="text-align: left; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          )
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2" style="text-align: left; padding-left: 0.0px" valign="bottom">
          Effect on Earnings per Share (diluted)
        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          (0.01
        </td>
        <td style="text-align: left; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          (0.33
        </td>
        <td style="text-align: left; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          (0.02
        </td>
        <td style="text-align: left; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          (0.34
        </td>
        <td style="text-align: left; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          )
        </td>
      </tr>
      <tr>
        <td colspan="4" style="text-align: left; padding-left: 0.0px" valign="bottom">
          <b>Discontinued Operations, net of tax</b>
        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          25,420
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          (7,455
        </td>
        <td style="text-align: left; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          34,808
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          (6,668
        </td>
        <td style="text-align: left; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          )
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td colspan="3" style="text-align: left; padding-left: 0.0px" valign="bottom">
          Effect on Earnings per Share (diluted)
        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          0.41
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          (0.12
        </td>
        <td style="text-align: left; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          0.56
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          (0.10
        </td>
        <td style="text-align: left; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          )
        </td>
      </tr>
      <tr>
        <td colspan="4" style="text-align: left; padding-left: 0.0px" valign="bottom">
          <b>Net Income from Continuing Operations Excluding Special</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td colspan="3" style="text-align: left; padding-left: 0.0px" valign="bottom">
          <b>Items, net of tax</b>
        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          47,319
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          41,133
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          71,290
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          69,504
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2" style="text-align: left; padding-left: 0.0px" valign="bottom">
          Earnings per Share from Continuing Operations Excluding
        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: left; padding-left: 0.0px" valign="bottom">
          Special Items, net of tax
        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          0.76
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          0.64
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          1.14
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          1.09
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td colspan="4" style="text-align: left; padding-left: 0.0px" valign="bottom">
          Shares used in EPS calculation
        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td colspan="3" style="text-align: left; padding-left: 0.0px" valign="bottom">
          Basic
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          61,234
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-left: 0.0px" valign="bottom">
          NA
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          62,009
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-left: 0.0px" valign="bottom">
          NA
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td colspan="3" style="text-align: left; padding-left: 0.0px" valign="bottom">
          Diluted
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          62,023
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          64,028
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          62,705
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          63,871
        </td>
        <td>

        </td>
      </tr>
    </table>
    </div>
    <div style="margin-bottom: 10pt; margin-right: 0pt; margin-left: 0pt; width: 100%; text-indent: 0pt">
      <div>
        <div style="text-align: left">

        </div>
      </div>
      <div style="page-break-after: always">
        <div style="text-align: center">

        </div>
        <div style="text-align: center">
          <hr style="color: black; height: 1.5pt">

        </div>
      </div>
      <div>
        <div style="text-align: right">

        </div>
      </div>
    </div>
<div style="text-align:left">
    <table cellspacing="0" style="font-family: Times New Roman; margin-bottom: 10.0px; width: 100%; font-size: 8pt">
      <tr>
        <td colspan="27" style="text-align: center; padding-left: 0.0px" valign="bottom">
          <b>SUPPLEMENTAL RECONCILIATIONS</b>
        </td>
      </tr>
      <tr>
        <td colspan="27" style="text-align: center; padding-left: 0.0px" valign="bottom">
          <b>(Unaudited)</b>
        </td>
      </tr>
      <tr>
        <td colspan="27" style="text-align: center; padding-left: 0.0px" valign="bottom">
          <b>PRELIMINARY</b>
        </td>
      </tr>
      <tr>
        <td>
          &#160;
        </td>
        <td>
          &#160;
        </td>
        <td>

        </td>
        <td>
          &#160;
        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>
          &#160;
        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>
          &#160;
        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>
          &#160;
        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>
          &#160;
        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>
          &#160;
        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="22" style="text-align: center; padding-left: 0.0px" valign="bottom">
          <b>Three Months Ended December 31, 2017</b>
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="22" style="text-align: center; border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          <b>(in thousands)</b>
        </td>
      </tr>
      <tr>
        <td colspan="3" style="text-align: left; padding-left: 0.0px" valign="bottom">

        </td>
        <td style="text-align: left; padding-left: 0.0px" valign="top">

        </td>
        <td style="text-align: left; padding-left: 0.0px" valign="bottom">

        </td>
        <td colspan="2" style="text-align: center; padding-left: 0.0px" valign="bottom">
          <b>Medical</b>
        </td>
        <td style="text-align: center; padding-left: 0.0px" valign="top">

        </td>
        <td style="text-align: center; padding-left: 0.0px" valign="bottom">

        </td>
        <td colspan="2">

        </td>
        <td style="text-align: center; padding-left: 0.0px" valign="top">

        </td>
        <td style="text-align: center; padding-left: 0.0px" valign="bottom">

        </td>
        <td colspan="2" style="text-align: center; padding-left: 0.0px" valign="bottom">
          <b>Technology</b>
        </td>
        <td style="text-align: center; padding-left: 0.0px" valign="top">

        </td>
        <td style="text-align: center; padding-left: 0.0px" valign="bottom">

        </td>
        <td colspan="2" style="text-align: center; padding-left: 0.0px" valign="bottom">
          <b>U.S.</b>
        </td>
        <td style="text-align: center; padding-left: 0.0px" valign="top">

        </td>
        <td style="text-align: center; padding-left: 0.0px" valign="bottom">

        </td>
        <td colspan="2" style="text-align: center; padding-left: 0.0px" valign="bottom">
          <b>Home Office</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
      </tr>
      <tr>
        <td colspan="3" style="text-align: left; padding-left: 0.0px" valign="bottom">

        </td>
        <td style="text-align: left; padding-left: 0.0px" valign="top">

        </td>
        <td style="text-align: left; padding-left: 0.0px" valign="bottom">

        </td>
        <td colspan="2" style="text-align: center; padding-left: 0.0px" valign="bottom">
          <b>and</b>
        </td>
        <td style="text-align: center; padding-left: 0.0px" valign="top">

        </td>
        <td style="text-align: center; padding-left: 0.0px" valign="bottom">

        </td>
        <td colspan="2" style="text-align: center; padding-left: 0.0px" valign="bottom">
          <b>Professional</b>
        </td>
        <td style="text-align: center; padding-left: 0.0px" valign="top">

        </td>
        <td style="text-align: center; padding-left: 0.0px" valign="bottom">

        </td>
        <td colspan="2" style="text-align: center; padding-left: 0.0px" valign="bottom">
          <b>and</b>
        </td>
        <td style="text-align: center; padding-left: 0.0px" valign="top">

        </td>
        <td style="text-align: center; padding-left: 0.0px" valign="bottom">

        </td>
        <td colspan="2" style="text-align: center; padding-left: 0.0px" valign="bottom">
          <b>Traditional</b>
        </td>
        <td style="text-align: center; padding-left: 0.0px" valign="top">

        </td>
        <td style="text-align: center; padding-left: 0.0px" valign="bottom">

        </td>
        <td colspan="2" style="text-align: center; padding-left: 0.0px" valign="bottom">
          <b>and</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
      </tr>
      <tr>
        <td colspan="3" style="text-align: left; padding-bottom: 2.0px; padding-left: 0.0px" valign="bottom">
          <p style="margin-bottom: 0px; margin-top: 0px">
            <u><b>Revenue:</b></u>
          </p>
        </td>
        <td style="text-align: left; padding-bottom: 2.0px; padding-left: 0.0px" valign="top">

        </td>
        <td style="text-align: left; padding-bottom: 2.0px; padding-left: 0.0px" valign="bottom">

        </td>
        <td colspan="2" style="text-align: center; border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          <b>Healthcare</b>
        </td>
        <td style="text-align: center; padding-bottom: 2.0px; padding-left: 0.0px" valign="top">

        </td>
        <td style="text-align: center; padding-bottom: 2.0px; padding-left: 0.0px" valign="bottom">

        </td>
        <td colspan="2" style="text-align: center; border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          <b>Education</b>
        </td>
        <td style="text-align: center; padding-bottom: 2.0px; padding-left: 0.0px" valign="top">

        </td>
        <td style="text-align: center; padding-bottom: 2.0px; padding-left: 0.0px" valign="bottom">

        </td>
        <td colspan="2" style="text-align: center; border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          <b>Business</b>
        </td>
        <td style="text-align: center; padding-bottom: 2.0px; padding-left: 0.0px" valign="top">

        </td>
        <td style="text-align: center; padding-bottom: 2.0px; padding-left: 0.0px" valign="bottom">

        </td>
        <td colspan="2" style="text-align: center; border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          <b>Postsecondary</b>
        </td>
        <td style="text-align: center; padding-bottom: 2.0px; padding-left: 0.0px" valign="top">

        </td>
        <td style="text-align: center; padding-bottom: 2.0px; padding-left: 0.0px" valign="bottom">

        </td>
        <td colspan="2" style="text-align: center; border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          <b>Other</b>
        </td>
        <td style="text-align: center; padding-bottom: 2.0px; padding-left: 0.0px" valign="top">

        </td>
        <td style="text-align: center; padding-bottom: 2.0px; padding-left: 0.0px" valign="bottom">

        </td>
        <td colspan="2" style="text-align: center; border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          <b>Consolidated</b>
        </td>
      </tr>
      <tr>
        <td colspan="3" style="text-align: left; padding-left: 0.0px" valign="bottom">
          Fiscal Year 2017 as Reported
        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          201,409
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          27,366
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          73,387
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          32,445
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          (649
        </td>
        <td style="text-align: left; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          333,958
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td colspan="3" style="text-align: left; padding-left: 0.0px" valign="bottom">
          Organic Growth (Decline)
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          2,780
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          2,993
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          438
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          (3,412
        </td>
        <td style="text-align: left; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          71
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          2,870
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td colspan="3" style="text-align: left; padding-left: 0.0px" valign="bottom">
          Effect of Acquisitions
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          -
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          -
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          218
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          -
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          -
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          218
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td colspan="3" style="text-align: left; padding-left: 0.0px" valign="bottom">
          Hurricane Impact
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          (892
        </td>
        <td style="text-align: left; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          -
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          -
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          -
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          -
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          (892
        </td>
        <td style="text-align: left; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          )
        </td>
      </tr>
      <tr>
        <td colspan="3" style="text-align: left; padding-bottom: 2.0px; padding-left: 0.0px" valign="bottom">
          Effect of Currency Change
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; border-bottom-style: solid; white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          -
        </td>
        <td style="border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; border-bottom-style: solid; white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          -
        </td>
        <td style="border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; border-bottom-style: solid; white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          1,090
        </td>
        <td style="border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; border-bottom-style: solid; white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          -
        </td>
        <td style="border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; border-bottom-style: solid; white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          -
        </td>
        <td style="border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; border-bottom-style: solid; white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          1,090
        </td>
        <td style="border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt">
          &#160;
        </td>
      </tr>
      <tr>
        <td colspan="3" style="text-align: left; padding-bottom: 2.0px; padding-left: 0.0px" valign="bottom">
          Fiscal Year 2018 as Reported
        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-bottom: 2.0px; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="text-align: right; border-bottom-style: solid; white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          203,297
        </td>
        <td style="border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-bottom: 2.0px; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="text-align: right; border-bottom-style: solid; white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          30,359
        </td>
        <td style="border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-bottom: 2.0px; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="text-align: right; border-bottom-style: solid; white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          75,133
        </td>
        <td style="border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-bottom: 2.0px; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="text-align: right; border-bottom-style: solid; white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          29,033
        </td>
        <td style="border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-bottom: 2.0px; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="text-align: right; border-bottom-style: solid; white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          (578
        </td>
        <td style="text-align: left; border-bottom-style: solid; white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-bottom: 2.0px; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="text-align: right; border-bottom-style: solid; white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          337,244
        </td>
        <td style="border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt">
          &#160;
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">
          &#160;
        </td>
      </tr>
      <tr>
        <td colspan="3" style="text-align: left; padding-left: 0.0px" valign="bottom">
          <p style="margin-bottom: 0px; margin-top: 0px">
            <u><b>Fiscal Year 2018 % Change:</b></u>
          </p>
        </td>
        <td colspan="2">

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
      </tr>
      <tr>
        <td colspan="3" style="text-align: left; padding-left: 0.0px" valign="bottom">
          Organic Growth (Decline)
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          1.4
        </td>
        <td style="text-align: left; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          %
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          10.9
        </td>
        <td style="text-align: left; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          %
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          0.6
        </td>
        <td style="text-align: left; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          %
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          (10.5
        </td>
        <td style="text-align: left; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          %)
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          NM
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          0.9
        </td>
        <td style="text-align: left; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          %
        </td>
      </tr>
      <tr>
        <td colspan="3" style="text-align: left; padding-bottom: 2.0px; padding-left: 0.0px" valign="bottom">
          Effect of Acquisitions
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; border-bottom-style: solid; white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          -
        </td>
        <td style="border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; border-bottom-style: solid; white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          -
        </td>
        <td style="border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; border-bottom-style: solid; white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          0.3
        </td>
        <td style="text-align: left; border-bottom-style: solid; white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          %
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; border-bottom-style: solid; white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          -
        </td>
        <td style="border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; border-bottom-style: solid; white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          NM
        </td>
        <td style="border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; border-bottom-style: solid; white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          0.1
        </td>
        <td style="text-align: left; border-bottom-style: solid; white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          %
        </td>
      </tr>
      <tr>
        <td colspan="3" style="text-align: left; padding-left: 0.0px" valign="bottom">
          Constant Currency Change
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          1.4
        </td>
        <td style="text-align: left; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          %
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          10.9
        </td>
        <td style="text-align: left; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          %
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          0.9
        </td>
        <td style="text-align: left; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          %
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          (10.5
        </td>
        <td style="text-align: left; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          %)
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          NM
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          0.9
        </td>
        <td style="text-align: left; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          %
        </td>
      </tr>
      <tr>
        <td colspan="3" style="text-align: left; padding-left: 0.0px" valign="bottom">
          Hurricane Impact
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          (0.4
        </td>
        <td style="text-align: left; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          %)
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          -
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          -
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          -
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          NM
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          (0.3
        </td>
        <td style="text-align: left; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          %)
        </td>
      </tr>
      <tr>
        <td colspan="3" style="text-align: left; padding-bottom: 2.0px; padding-left: 0.0px" valign="bottom">
          Effect of Currency Change
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; border-bottom-style: solid; white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          -
        </td>
        <td style="border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; border-bottom-style: solid; white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          -
        </td>
        <td style="border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; border-bottom-style: solid; white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          1.5
        </td>
        <td style="text-align: left; border-bottom-style: solid; white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          %
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; border-bottom-style: solid; white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          -
        </td>
        <td style="border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; border-bottom-style: solid; white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          NM
        </td>
        <td style="border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; border-bottom-style: solid; white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          0.3
        </td>
        <td style="text-align: left; border-bottom-style: solid; white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          %
        </td>
      </tr>
      <tr>
        <td colspan="3" style="text-align: left; padding-left: 0.0px" valign="bottom">
          Fiscal Year 2018 % Change
        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td colspan="2" style="text-align: left; padding-bottom: 2.0px; padding-left: 0.0px" valign="bottom">
          as Reported
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; border-bottom-style: solid; white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          0.9
        </td>
        <td style="text-align: left; border-bottom-style: solid; white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          %
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; border-bottom-style: solid; white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          10.9
        </td>
        <td style="text-align: left; border-bottom-style: solid; white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          %
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; border-bottom-style: solid; white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          2.4
        </td>
        <td style="text-align: left; border-bottom-style: solid; white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          %
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; border-bottom-style: solid; white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          (10.5
        </td>
        <td style="text-align: left; border-bottom-style: solid; white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          %)
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; border-bottom-style: solid; white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          NM
        </td>
        <td style="border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; border-bottom-style: solid; white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          1.0
        </td>
        <td style="text-align: left; border-bottom-style: solid; white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          %
        </td>
      </tr>
    </table>
    </div>
<div style="text-align:left">
    <table cellspacing="0" style="font-family: Times New Roman; margin-bottom: 10.0px; width: 100%; font-size: 8pt">
      <tr>
        <td>
          &#160;
        </td>
        <td>
          &#160;
        </td>
        <td>

        </td>
        <td>
          &#160;
        </td>
        <td>

        </td>
        <td colspan="22" style="text-align: center; padding-left: 0.0px" valign="bottom">
          <b>Six Months Ended December 31, 2017</b>
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="22" style="text-align: center; border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          <b>(in thousands)</b>
        </td>
      </tr>
      <tr>
        <td colspan="3" style="text-align: left; padding-left: 0.0px" valign="bottom">

        </td>
        <td style="text-align: left; padding-left: 0.0px" valign="top">

        </td>
        <td style="text-align: left; padding-left: 0.0px" valign="bottom">

        </td>
        <td colspan="2" style="text-align: center; padding-left: 0.0px" valign="bottom">
          <b>Medical</b>
        </td>
        <td style="text-align: center; padding-left: 0.0px" valign="top">
          &#160;
        </td>
        <td style="text-align: center; padding-left: 0.0px" valign="bottom">

        </td>
        <td colspan="2">

        </td>
        <td style="text-align: center; padding-left: 0.0px" valign="top">
          &#160;
        </td>
        <td style="text-align: center; padding-left: 0.0px" valign="bottom">

        </td>
        <td colspan="2" style="text-align: center; padding-left: 0.0px" valign="bottom">
          <b>Technology</b>
        </td>
        <td style="text-align: center; padding-left: 0.0px" valign="top">
          &#160;
        </td>
        <td style="text-align: center; padding-left: 0.0px" valign="bottom">

        </td>
        <td colspan="2" style="text-align: center; padding-left: 0.0px" valign="bottom">
          <b>U.S.</b>
        </td>
        <td style="text-align: center; padding-left: 0.0px" valign="top">
          &#160;
        </td>
        <td style="text-align: center; padding-left: 0.0px" valign="bottom">

        </td>
        <td colspan="2" style="text-align: center; padding-left: 0.0px" valign="bottom">
          <b>Home Office</b>
        </td>
        <td>
          &#160;
        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
      </tr>
      <tr>
        <td colspan="3" style="text-align: left; padding-left: 0.0px" valign="bottom">

        </td>
        <td style="text-align: left; padding-left: 0.0px" valign="top">

        </td>
        <td style="text-align: left; padding-left: 0.0px" valign="bottom">

        </td>
        <td colspan="2" style="text-align: center; padding-left: 0.0px" valign="bottom">
          <b>and</b>
        </td>
        <td style="text-align: center; padding-left: 0.0px" valign="top">

        </td>
        <td style="text-align: center; padding-left: 0.0px" valign="bottom">

        </td>
        <td colspan="2" style="text-align: center; padding-left: 0.0px" valign="bottom">
          <b>Professional</b>
        </td>
        <td style="text-align: center; padding-left: 0.0px" valign="top">

        </td>
        <td style="text-align: center; padding-left: 0.0px" valign="bottom">

        </td>
        <td colspan="2" style="text-align: center; padding-left: 0.0px" valign="bottom">
          <b>and</b>
        </td>
        <td style="text-align: center; padding-left: 0.0px" valign="top">

        </td>
        <td style="text-align: center; padding-left: 0.0px" valign="bottom">

        </td>
        <td colspan="2" style="text-align: center; padding-left: 0.0px" valign="bottom">
          <b>Traditional</b>
        </td>
        <td style="text-align: center; padding-left: 0.0px" valign="top">

        </td>
        <td style="text-align: center; padding-left: 0.0px" valign="bottom">

        </td>
        <td colspan="2" style="text-align: center; padding-left: 0.0px" valign="bottom">
          <b>and</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
      </tr>
      <tr>
        <td colspan="3" style="text-align: left; padding-bottom: 2.0px; padding-left: 0.0px" valign="bottom">
          <p style="margin-bottom: 0px; margin-top: 0px">
            <u><b>Revenue:</b></u>
          </p>
        </td>
        <td style="text-align: left; padding-bottom: 2.0px; padding-left: 0.0px" valign="top">

        </td>
        <td style="text-align: left; padding-bottom: 2.0px; padding-left: 0.0px" valign="bottom">

        </td>
        <td colspan="2" style="text-align: center; border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          <b>Healthcare</b>
        </td>
        <td style="text-align: center; padding-bottom: 2.0px; padding-left: 0.0px" valign="top">

        </td>
        <td style="text-align: center; padding-bottom: 2.0px; padding-left: 0.0px" valign="bottom">

        </td>
        <td colspan="2" style="text-align: center; border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          <b>Education</b>
        </td>
        <td style="text-align: center; padding-bottom: 2.0px; padding-left: 0.0px" valign="top">

        </td>
        <td style="text-align: center; padding-bottom: 2.0px; padding-left: 0.0px" valign="bottom">

        </td>
        <td colspan="2" style="text-align: center; border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          <b>Business</b>
        </td>
        <td style="text-align: center; padding-bottom: 2.0px; padding-left: 0.0px" valign="top">

        </td>
        <td style="text-align: center; padding-bottom: 2.0px; padding-left: 0.0px" valign="bottom">

        </td>
        <td colspan="2" style="text-align: center; border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          <b>Postsecondary</b>
        </td>
        <td style="text-align: center; padding-bottom: 2.0px; padding-left: 0.0px" valign="top">

        </td>
        <td style="text-align: center; padding-bottom: 2.0px; padding-left: 0.0px" valign="bottom">

        </td>
        <td colspan="2" style="text-align: center; border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          <b>Other</b>
        </td>
        <td style="text-align: center; padding-bottom: 2.0px; padding-left: 0.0px" valign="top">

        </td>
        <td style="text-align: center; padding-bottom: 2.0px; padding-left: 0.0px" valign="bottom">

        </td>
        <td colspan="2" style="text-align: center; border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          <b>Consolidated</b>
        </td>
      </tr>
      <tr>
        <td colspan="3" style="text-align: left; padding-left: 0.0px" valign="bottom">
          Fiscal Year 2017 as Reported
        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          401,178
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          62,096
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          131,627
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          69,431
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          (1,347
        </td>
        <td style="text-align: left; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          662,985
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td colspan="3" style="text-align: left; padding-left: 0.0px" valign="bottom">
          Organic Growth (Decline)
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          1,640
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          8,305
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          2,948
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          (8,263
        </td>
        <td style="text-align: left; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          146
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          4,776
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td colspan="3" style="text-align: left; padding-left: 0.0px" valign="bottom">
          Effect of Acquisitions
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          -
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          -
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          218
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          -
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          -
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          218
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td colspan="3" style="text-align: left; padding-left: 0.0px" valign="bottom">
          Hurricane Impact
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          (8,236
        </td>
        <td style="text-align: left; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          -
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          -
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          -
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          -
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          (8,236
        </td>
        <td style="text-align: left; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          )
        </td>
      </tr>
      <tr>
        <td colspan="3" style="text-align: left; padding-bottom: 2.0px; padding-left: 0.0px" valign="bottom">
          Effect of Currency Change
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; border-bottom-style: solid; white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          -
        </td>
        <td style="border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; border-bottom-style: solid; white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          -
        </td>
        <td style="border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; border-bottom-style: solid; white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          2,779
        </td>
        <td style="border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; border-bottom-style: solid; white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          -
        </td>
        <td style="border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; border-bottom-style: solid; white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          -
        </td>
        <td style="border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; border-bottom-style: solid; white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          2,779
        </td>
        <td style="border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt">
          &#160;
        </td>
      </tr>
      <tr>
        <td colspan="3" style="text-align: left; padding-bottom: 2.0px; padding-left: 0.0px" valign="bottom">
          Fiscal Year 2018 as Reported
        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-bottom: 2.0px; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="text-align: right; border-bottom-style: solid; white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          394,582
        </td>
        <td style="border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-bottom: 2.0px; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="text-align: right; border-bottom-style: solid; white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          70,401
        </td>
        <td style="border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-bottom: 2.0px; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="text-align: right; border-bottom-style: solid; white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          137,572
        </td>
        <td style="border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-bottom: 2.0px; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="text-align: right; border-bottom-style: solid; white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          61,168
        </td>
        <td style="border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-bottom: 2.0px; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="text-align: right; border-bottom-style: solid; white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          (1,201
        </td>
        <td style="text-align: left; border-bottom-style: solid; white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-bottom: 2.0px; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="text-align: right; border-bottom-style: solid; white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          662,522
        </td>
        <td style="border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt">
          &#160;
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">
          &#160;
        </td>
      </tr>
      <tr>
        <td colspan="3" style="text-align: left; padding-left: 0.0px" valign="bottom">
          <p style="margin-bottom: 0px; margin-top: 0px">
            <u><b>Fiscal Year 2018 % Change:</b></u>
          </p>
        </td>
        <td colspan="2">

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
      </tr>
      <tr>
        <td colspan="3" style="text-align: left; padding-left: 0.0px" valign="bottom">
          Organic Growth (Decline)
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          0.4
        </td>
        <td style="text-align: left; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          %
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          13.4
        </td>
        <td style="text-align: left; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          %
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          2.2
        </td>
        <td style="text-align: left; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          %
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          (11.9
        </td>
        <td style="text-align: left; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          %)
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          NM
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          0.7
        </td>
        <td style="text-align: left; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          %
        </td>
      </tr>
      <tr>
        <td colspan="3" style="text-align: left; padding-bottom: 2.0px; padding-left: 0.0px" valign="bottom">
          Effect of Acquisitions
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; border-bottom-style: solid; white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          -
        </td>
        <td style="border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; border-bottom-style: solid; white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          -
        </td>
        <td style="border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; border-bottom-style: solid; white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          0.2
        </td>
        <td style="text-align: left; border-bottom-style: solid; white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          %
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; border-bottom-style: solid; white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          -
        </td>
        <td style="border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; border-bottom-style: solid; white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          NM
        </td>
        <td style="border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; border-bottom-style: solid; white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          0.0
        </td>
        <td style="text-align: left; border-bottom-style: solid; white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          %
        </td>
      </tr>
      <tr>
        <td colspan="3" style="text-align: left; padding-left: 0.0px" valign="bottom">
          Constant Currency Change
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          0.4
        </td>
        <td style="text-align: left; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          %
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          13.4
        </td>
        <td style="text-align: left; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          %
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          2.4
        </td>
        <td style="text-align: left; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          %
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          (11.9
        </td>
        <td style="text-align: left; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          %)
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          NM
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          0.8
        </td>
        <td style="text-align: left; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          %
        </td>
      </tr>
      <tr>
        <td colspan="3" style="text-align: left; padding-left: 0.0px" valign="bottom">
          Hurricane Impact
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          (2.1
        </td>
        <td style="text-align: left; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          %)
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          -
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          -
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          -
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          NM
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          (1.2
        </td>
        <td style="text-align: left; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          %)
        </td>
      </tr>
      <tr>
        <td colspan="3" style="text-align: left; padding-bottom: 2.0px; padding-left: 0.0px" valign="bottom">
          Effect of Currency Change
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; border-bottom-style: solid; white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          -
        </td>
        <td style="border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; border-bottom-style: solid; white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          -
        </td>
        <td style="border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; border-bottom-style: solid; white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          2.1
        </td>
        <td style="text-align: left; border-bottom-style: solid; white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          %
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; border-bottom-style: solid; white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          -
        </td>
        <td style="border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; border-bottom-style: solid; white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          NM
        </td>
        <td style="border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; border-bottom-style: solid; white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          0.4
        </td>
        <td style="text-align: left; border-bottom-style: solid; white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          %
        </td>
      </tr>
      <tr>
        <td colspan="3" style="text-align: left; padding-left: 0.0px" valign="bottom">
          Fiscal Year 2018 % Change
        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td colspan="2" style="text-align: left; padding-bottom: 2.0px; padding-left: 0.0px" valign="bottom">
          as Reported
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; border-bottom-style: solid; white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          (1.6
        </td>
        <td style="text-align: left; border-bottom-style: solid; white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          %)
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; border-bottom-style: solid; white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          13.4
        </td>
        <td style="text-align: left; border-bottom-style: solid; white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          %
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; border-bottom-style: solid; white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          4.5
        </td>
        <td style="text-align: left; border-bottom-style: solid; white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          %
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; border-bottom-style: solid; white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          (11.9
        </td>
        <td style="text-align: left; border-bottom-style: solid; white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          %)
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; border-bottom-style: solid; white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          NM
        </td>
        <td style="border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; border-bottom-style: solid; white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          (0.1
        </td>
        <td style="text-align: left; border-bottom-style: solid; white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          %)
        </td>
      </tr>
    </table>
    </div>
    <div style="margin-bottom: 10pt; margin-right: 0pt; margin-left: 0pt; width: 100%; text-indent: 0pt">
      <div>
        <div style="text-align: left">

        </div>
      </div>
      <div style="page-break-after: always">
        <div style="text-align: center">

        </div>
        <div style="text-align: center">
          <hr style="color: black; height: 1.5pt">

        </div>
      </div>
      <div>
        <div style="text-align: right">

        </div>
      </div>
    </div>
<div style="text-align:left">
    <table cellspacing="0" style="font-family: Times New Roman; margin-bottom: 10.0px; width: 100%; font-size: 8pt">
      <tr>
        <td colspan="27" style="text-align: center; padding-left: 0.0px" valign="bottom">
          <b>SUPPLEMENTAL RECONCILIATIONS</b>
        </td>
      </tr>
      <tr>
        <td colspan="27" style="text-align: center; padding-left: 0.0px" valign="bottom">
          <b>(Unaudited)</b>
        </td>
      </tr>
      <tr>
        <td colspan="27" style="text-align: center; padding-left: 0.0px" valign="bottom">
          <b>PRELIMINARY</b>
        </td>
      </tr>
      <tr>
        <td>
          &#160;
        </td>
        <td>
          &#160;
        </td>
        <td>

        </td>
        <td>
          &#160;
        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>
          &#160;
        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>
          &#160;
        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>
          &#160;
        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>
          &#160;
        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>
          &#160;
        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="22" style="text-align: center; padding-left: 0.0px" valign="bottom">
          <b>Three Months Ended December 31, 2017</b>
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="22" style="text-align: center; border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          <b>(in thousands)</b>
        </td>
      </tr>
      <tr>
        <td colspan="3" style="text-align: left; padding-left: 0.0px" valign="bottom">

        </td>
        <td style="text-align: left; padding-left: 0.0px" valign="top">

        </td>
        <td style="text-align: left; padding-left: 0.0px" valign="bottom">

        </td>
        <td colspan="2" style="text-align: center; padding-left: 0.0px" valign="bottom">
          <b>Medical</b>
        </td>
        <td style="text-align: center; padding-left: 0.0px" valign="top">

        </td>
        <td style="text-align: center; padding-left: 0.0px" valign="bottom">

        </td>
        <td colspan="2">

        </td>
        <td style="text-align: center; padding-left: 0.0px" valign="top">

        </td>
        <td style="text-align: center; padding-left: 0.0px" valign="bottom">

        </td>
        <td colspan="2" style="text-align: center; padding-left: 0.0px" valign="bottom">
          <b>Technology</b>
        </td>
        <td style="text-align: center; padding-left: 0.0px" valign="top">

        </td>
        <td style="text-align: center; padding-left: 0.0px" valign="bottom">

        </td>
        <td colspan="2" style="text-align: center; padding-left: 0.0px" valign="bottom">
          <b>U.S.</b>
        </td>
        <td style="text-align: center; padding-left: 0.0px" valign="top">

        </td>
        <td style="text-align: center; padding-left: 0.0px" valign="bottom">

        </td>
        <td colspan="2" style="text-align: center; padding-left: 0.0px" valign="bottom">
          <b>Home Office</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
      </tr>
      <tr>
        <td colspan="3" style="text-align: left; padding-left: 0.0px" valign="bottom">

        </td>
        <td style="text-align: left; padding-left: 0.0px" valign="top">

        </td>
        <td style="text-align: left; padding-left: 0.0px" valign="bottom">

        </td>
        <td colspan="2" style="text-align: center; padding-left: 0.0px" valign="bottom">
          <b>and</b>
        </td>
        <td style="text-align: center; padding-left: 0.0px" valign="top">

        </td>
        <td style="text-align: center; padding-left: 0.0px" valign="bottom">

        </td>
        <td colspan="2" style="text-align: center; padding-left: 0.0px" valign="bottom">
          <b>Professional</b>
        </td>
        <td style="text-align: center; padding-left: 0.0px" valign="top">

        </td>
        <td style="text-align: center; padding-left: 0.0px" valign="bottom">

        </td>
        <td colspan="2" style="text-align: center; padding-left: 0.0px" valign="bottom">
          <b>and</b>
        </td>
        <td style="text-align: center; padding-left: 0.0px" valign="top">

        </td>
        <td style="text-align: center; padding-left: 0.0px" valign="bottom">

        </td>
        <td colspan="2" style="text-align: center; padding-left: 0.0px" valign="bottom">
          <b>Traditional</b>
        </td>
        <td style="text-align: center; padding-left: 0.0px" valign="top">

        </td>
        <td style="text-align: center; padding-left: 0.0px" valign="bottom">

        </td>
        <td colspan="2" style="text-align: center; padding-left: 0.0px" valign="bottom">
          <b>and</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
      </tr>
      <tr>
        <td colspan="3" style="text-align: left; padding-bottom: 2.0px; padding-left: 0.0px" valign="bottom">
          <p style="margin-bottom: 0px; margin-top: 0px">
            <u><b>Total Expenses:</b></u>
          </p>
        </td>
        <td style="text-align: left; padding-bottom: 2.0px; padding-left: 0.0px" valign="top">

        </td>
        <td style="text-align: left; padding-bottom: 2.0px; padding-left: 0.0px" valign="bottom">

        </td>
        <td colspan="2" style="text-align: center; border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          <b>Healthcare</b>
        </td>
        <td style="text-align: center; padding-bottom: 2.0px; padding-left: 0.0px" valign="top">

        </td>
        <td style="text-align: center; padding-bottom: 2.0px; padding-left: 0.0px" valign="bottom">

        </td>
        <td colspan="2" style="text-align: center; border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          <b>Education</b>
        </td>
        <td style="text-align: center; padding-bottom: 2.0px; padding-left: 0.0px" valign="top">

        </td>
        <td style="text-align: center; padding-bottom: 2.0px; padding-left: 0.0px" valign="bottom">

        </td>
        <td colspan="2" style="text-align: center; border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          <b>Business</b>
        </td>
        <td style="text-align: center; padding-bottom: 2.0px; padding-left: 0.0px" valign="top">

        </td>
        <td style="text-align: center; padding-bottom: 2.0px; padding-left: 0.0px" valign="bottom">

        </td>
        <td colspan="2" style="text-align: center; border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          <b>Postsecondary</b>
        </td>
        <td style="text-align: center; padding-bottom: 2.0px; padding-left: 0.0px" valign="top">

        </td>
        <td style="text-align: center; padding-bottom: 2.0px; padding-left: 0.0px" valign="bottom">

        </td>
        <td colspan="2" style="text-align: center; border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          <b>Other</b>
        </td>
        <td style="text-align: center; padding-bottom: 2.0px; padding-left: 0.0px" valign="top">

        </td>
        <td style="text-align: center; padding-bottom: 2.0px; padding-left: 0.0px" valign="bottom">

        </td>
        <td colspan="2" style="text-align: center; border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          <b>Consolidated</b>
        </td>
      </tr>
      <tr>
        <td colspan="3" style="text-align: left; padding-left: 0.0px" valign="bottom">
          Fiscal Year 2017 as Reported
        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          149,257
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          27,232
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          59,904
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          38,727
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          60,308
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          335,428
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td colspan="3" style="text-align: left; padding-left: 0.0px" valign="bottom">
          Cost (Reduction) Investment
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          (1,253
        </td>
        <td style="text-align: left; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          934
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          237
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          (2,708
        </td>
        <td style="text-align: left; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          535
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          (2,255
        </td>
        <td style="text-align: left; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          )
        </td>
      </tr>
      <tr>
        <td colspan="3" style="text-align: left; padding-left: 0.0px" valign="bottom">
          Effect of Acquisitions
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          -
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          -
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          151
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          -
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          -
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          151
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td colspan="3" style="text-align: left; padding-left: 0.0px" valign="bottom">
          Hurricane Impact
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          245
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          -
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          -
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          -
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          -
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          245
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td colspan="3" style="text-align: left; padding-left: 0.0px" valign="bottom">
          Restructuring Expense Change
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          -
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          -
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          -
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          (1,207
        </td>
        <td style="text-align: left; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          798
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          (409
        </td>
        <td style="text-align: left; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          )
        </td>
      </tr>
      <tr>
        <td colspan="3" style="text-align: left; padding-left: 0.0px" valign="bottom">
          Regulatory Settlement Change
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          -
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          -
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          -
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          -
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          (52,150
        </td>
        <td style="text-align: left; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          (52,150
        </td>
        <td style="text-align: left; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          )
        </td>
      </tr>
      <tr>
        <td colspan="3" style="text-align: left; padding-bottom: 2.0px; padding-left: 0.0px" valign="bottom">
          Effect of Currency Change
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; border-bottom-style: solid; white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          -
        </td>
        <td style="border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; border-bottom-style: solid; white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          -
        </td>
        <td style="border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; border-bottom-style: solid; white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          850
        </td>
        <td style="border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; border-bottom-style: solid; white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          -
        </td>
        <td style="border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; border-bottom-style: solid; white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          -
        </td>
        <td style="border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; border-bottom-style: solid; white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          850
        </td>
        <td style="border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt">
          &#160;
        </td>
      </tr>
      <tr>
        <td colspan="3" style="text-align: left; padding-bottom: 2.0px; padding-left: 0.0px" valign="bottom">
          Fiscal Year 2018 as Reported
        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-bottom: 2.0px; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="text-align: right; border-bottom-style: solid; white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          148,249
        </td>
        <td style="border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-bottom: 2.0px; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="text-align: right; border-bottom-style: solid; white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          28,166
        </td>
        <td style="border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-bottom: 2.0px; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="text-align: right; border-bottom-style: solid; white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          61,142
        </td>
        <td style="border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-bottom: 2.0px; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="text-align: right; border-bottom-style: solid; white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          34,812
        </td>
        <td style="border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-bottom: 2.0px; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="text-align: right; border-bottom-style: solid; white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          9,491
        </td>
        <td style="border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-bottom: 2.0px; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="text-align: right; border-bottom-style: solid; white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          281,860
        </td>
        <td style="border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt">
          &#160;
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">
          &#160;
        </td>
      </tr>
      <tr>
        <td colspan="3" style="text-align: left; padding-left: 0.0px" valign="bottom">
          <p style="margin-bottom: 0px; margin-top: 0px">
            <u><b>Fiscal Year 2018 % Change:</b></u>
          </p>
        </td>
        <td colspan="2">

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
      </tr>
      <tr>
        <td colspan="3" style="text-align: left; padding-left: 0.0px" valign="bottom">
          Cost (Reduction) Investment
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          (0.8
        </td>
        <td style="text-align: left; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          %)
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          3.4
        </td>
        <td style="text-align: left; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          %
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          0.4
        </td>
        <td style="text-align: left; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          %
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          (7.0
        </td>
        <td style="text-align: left; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          %)
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          NM
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          (0.7
        </td>
        <td style="text-align: left; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          %)
        </td>
      </tr>
      <tr>
        <td colspan="3" style="text-align: left; padding-bottom: 2.0px; padding-left: 0.0px" valign="bottom">
          Effect of Acquisitions
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; border-bottom-style: solid; white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          -
        </td>
        <td style="border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; border-bottom-style: solid; white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          -
        </td>
        <td style="border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; border-bottom-style: solid; white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          0.3
        </td>
        <td style="text-align: left; border-bottom-style: solid; white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          %
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; border-bottom-style: solid; white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          -
        </td>
        <td style="border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; border-bottom-style: solid; white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          NM
        </td>
        <td style="border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; border-bottom-style: solid; white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          0.0
        </td>
        <td style="text-align: left; border-bottom-style: solid; white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          %
        </td>
      </tr>
      <tr>
        <td colspan="3" style="text-align: left; padding-left: 0.0px" valign="bottom">
          Constant Currency Change
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          (0.8
        </td>
        <td style="text-align: left; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          %)
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          3.4
        </td>
        <td style="text-align: left; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          %
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          0.6
        </td>
        <td style="text-align: left; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          %
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          (7.0
        </td>
        <td style="text-align: left; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          %)
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          NM
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          (0.6
        </td>
        <td style="text-align: left; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          %)
        </td>
      </tr>
      <tr>
        <td colspan="3" style="text-align: left; padding-left: 0.0px" valign="bottom">
          Hurricane Impact
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          0.2
        </td>
        <td style="text-align: left; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          %
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          -
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          -
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          -
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          NM
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          0.1
        </td>
        <td style="text-align: left; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          %
        </td>
      </tr>
      <tr>
        <td colspan="3" style="text-align: left; padding-left: 0.0px" valign="bottom">
          Restructuring Expense Change
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          -
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          -
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          -
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          (3.1
        </td>
        <td style="text-align: left; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          %)
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          NM
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          (0.1
        </td>
        <td style="text-align: left; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          %)
        </td>
      </tr>
      <tr>
        <td colspan="3" style="text-align: left; padding-left: 0.0px" valign="bottom">
          Regulatory Settlement Change
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          -
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          -
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          -
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          -
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          NM
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          (15.5
        </td>
        <td style="text-align: left; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          %)
        </td>
      </tr>
      <tr>
        <td colspan="3" style="text-align: left; padding-bottom: 2.0px; padding-left: 0.0px" valign="bottom">
          Effect of Currency Change
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; border-bottom-style: solid; white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          -
        </td>
        <td style="border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; border-bottom-style: solid; white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          -
        </td>
        <td style="border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; border-bottom-style: solid; white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          1.4
        </td>
        <td style="text-align: left; border-bottom-style: solid; white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          %
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; border-bottom-style: solid; white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          -
        </td>
        <td style="border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; border-bottom-style: solid; white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          NM
        </td>
        <td style="border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; border-bottom-style: solid; white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          0.3
        </td>
        <td style="text-align: left; border-bottom-style: solid; white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          %
        </td>
      </tr>
      <tr>
        <td colspan="3" style="text-align: left; padding-left: 0.0px" valign="bottom">
          Fiscal Year 2018 % Change
        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td colspan="2" style="text-align: left; padding-bottom: 2.0px; padding-left: 0.0px" valign="bottom">
          as Reported
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; border-bottom-style: solid; white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          (0.7
        </td>
        <td style="text-align: left; border-bottom-style: solid; white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          %)
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; border-bottom-style: solid; white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          3.4
        </td>
        <td style="text-align: left; border-bottom-style: solid; white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          %
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; border-bottom-style: solid; white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          2.1
        </td>
        <td style="text-align: left; border-bottom-style: solid; white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          %
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; border-bottom-style: solid; white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          (10.1
        </td>
        <td style="text-align: left; border-bottom-style: solid; white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          %)
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; border-bottom-style: solid; white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          NM
        </td>
        <td style="border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; border-bottom-style: solid; white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          (16.0
        </td>
        <td style="text-align: left; border-bottom-style: solid; white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          %)
        </td>
      </tr>
    </table>
    </div>
<div style="text-align:left">
    <table cellspacing="0" style="font-family: Times New Roman; margin-bottom: 10.0px; width: 100%; font-size: 8pt">
      <tr>
        <td>
          &#160;
        </td>
        <td>
          &#160;
        </td>
        <td>

        </td>
        <td>
          &#160;
        </td>
        <td>

        </td>
        <td colspan="22" style="text-align: center; padding-left: 0.0px" valign="bottom">
          <b>Six Months Ended December 31, 2017</b>
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="22" style="text-align: center; border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          <b>(in thousands)</b>
        </td>
      </tr>
      <tr>
        <td colspan="3" style="text-align: left; padding-left: 0.0px" valign="bottom">

        </td>
        <td>

        </td>
        <td style="text-align: left; padding-left: 0.0px" valign="bottom">

        </td>
        <td colspan="2" style="text-align: center; padding-left: 0.0px" valign="bottom">
          <b>Medical</b>
        </td>
        <td style="text-align: center; padding-left: 0.0px" valign="top">
          &#160;
        </td>
        <td style="text-align: center; padding-left: 0.0px" valign="bottom">

        </td>
        <td colspan="2">

        </td>
        <td style="text-align: center; padding-left: 0.0px" valign="top">
          &#160;
        </td>
        <td style="text-align: center; padding-left: 0.0px" valign="bottom">

        </td>
        <td colspan="2" style="text-align: center; padding-left: 0.0px" valign="bottom">
          <b>Technology</b>
        </td>
        <td style="text-align: center; padding-left: 0.0px" valign="top">
          &#160;
        </td>
        <td style="text-align: center; padding-left: 0.0px" valign="bottom">

        </td>
        <td colspan="2" style="text-align: center; padding-left: 0.0px" valign="bottom">
          <b>U.S.</b>
        </td>
        <td style="text-align: center; padding-left: 0.0px" valign="top">
          &#160;
        </td>
        <td style="text-align: center; padding-left: 0.0px" valign="bottom">

        </td>
        <td colspan="2" style="text-align: center; padding-left: 0.0px" valign="bottom">
          <b>Home Office</b>
        </td>
        <td>
          &#160;
        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
      </tr>
      <tr>
        <td colspan="3" style="text-align: left; padding-left: 0.0px" valign="bottom">

        </td>
        <td>

        </td>
        <td style="text-align: left; padding-left: 0.0px" valign="bottom">

        </td>
        <td colspan="2" style="text-align: center; padding-left: 0.0px" valign="bottom">
          <b>and</b>
        </td>
        <td style="text-align: center; padding-left: 0.0px" valign="top">

        </td>
        <td style="text-align: center; padding-left: 0.0px" valign="bottom">

        </td>
        <td colspan="2" style="text-align: center; padding-left: 0.0px" valign="bottom">
          <b>Professional</b>
        </td>
        <td style="text-align: center; padding-left: 0.0px" valign="top">

        </td>
        <td style="text-align: center; padding-left: 0.0px" valign="bottom">

        </td>
        <td colspan="2" style="text-align: center; padding-left: 0.0px" valign="bottom">
          <b>and</b>
        </td>
        <td style="text-align: center; padding-left: 0.0px" valign="top">

        </td>
        <td style="text-align: center; padding-left: 0.0px" valign="bottom">

        </td>
        <td colspan="2" style="text-align: center; padding-left: 0.0px" valign="bottom">
          <b>Traditional</b>
        </td>
        <td style="text-align: center; padding-left: 0.0px" valign="top">

        </td>
        <td style="text-align: center; padding-left: 0.0px" valign="bottom">

        </td>
        <td colspan="2" style="text-align: center; padding-left: 0.0px" valign="bottom">
          <b>and</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
      </tr>
      <tr>
        <td colspan="3" style="text-align: left; padding-bottom: 2.0px; padding-left: 0.0px" valign="bottom">
          <p style="margin-bottom: 0px; margin-top: 0px">
            <u><b>Total Expenses:</b></u>
          </p>
        </td>
        <td>

        </td>
        <td style="text-align: left; padding-bottom: 2.0px; padding-left: 0.0px" valign="bottom">

        </td>
        <td colspan="2" style="text-align: center; border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          <b>Healthcare</b>
        </td>
        <td style="text-align: center; padding-bottom: 2.0px; padding-left: 0.0px" valign="top">

        </td>
        <td style="text-align: center; padding-bottom: 2.0px; padding-left: 0.0px" valign="bottom">

        </td>
        <td colspan="2" style="text-align: center; border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          <b>Education</b>
        </td>
        <td style="text-align: center; padding-bottom: 2.0px; padding-left: 0.0px" valign="top">

        </td>
        <td style="text-align: center; padding-bottom: 2.0px; padding-left: 0.0px" valign="bottom">

        </td>
        <td colspan="2" style="text-align: center; border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          <b>Business</b>
        </td>
        <td style="text-align: center; padding-bottom: 2.0px; padding-left: 0.0px" valign="top">

        </td>
        <td style="text-align: center; padding-bottom: 2.0px; padding-left: 0.0px" valign="bottom">

        </td>
        <td colspan="2" style="text-align: center; border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          <b>Postsecondary</b>
        </td>
        <td style="text-align: center; padding-bottom: 2.0px; padding-left: 0.0px" valign="top">

        </td>
        <td style="text-align: center; padding-bottom: 2.0px; padding-left: 0.0px" valign="bottom">

        </td>
        <td colspan="2" style="text-align: center; border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          <b>Other</b>
        </td>
        <td style="text-align: center; padding-bottom: 2.0px; padding-left: 0.0px" valign="top">

        </td>
        <td style="text-align: center; padding-bottom: 2.0px; padding-left: 0.0px" valign="bottom">

        </td>
        <td colspan="2" style="text-align: center; border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          <b>Consolidated</b>
        </td>
      </tr>
      <tr>
        <td colspan="3" style="text-align: left; padding-left: 0.0px" valign="bottom">
          Fiscal Year 2017 as Reported
        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          305,163
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          55,905
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          120,120
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          77,732
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          70,809
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          629,729
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td colspan="3" style="text-align: left; padding-left: 0.0px" valign="bottom">
          Cost (Reduction) Investment
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          (5,344
        </td>
        <td style="text-align: left; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          1,796
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          (865
        </td>
        <td style="text-align: left; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          (3,946
        </td>
        <td style="text-align: left; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          (2,289
        </td>
        <td style="text-align: left; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          (10,648
        </td>
        <td style="text-align: left; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          )
        </td>
      </tr>
      <tr>
        <td colspan="3" style="text-align: left; padding-left: 0.0px" valign="bottom">
          Effect of Acquisitions
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          -
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          -
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          151
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          -
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          -
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          151
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td colspan="3" style="text-align: left; padding-left: 0.0px" valign="bottom">
          Hurricane Impact
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          13,372
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          -
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          -
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          -
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          -
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          13,372
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td colspan="3" style="text-align: left; padding-left: 0.0px" valign="bottom">
          Restructuring Expense Change
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          112
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          -
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          -
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          (1,325
        </td>
        <td style="text-align: left; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          (159
        </td>
        <td style="text-align: left; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          (1,372
        </td>
        <td style="text-align: left; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          )
        </td>
      </tr>
      <tr>
        <td colspan="3" style="text-align: left; padding-left: 0.0px" valign="bottom">
          Regulatory Settlement Change
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          -
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          -
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          -
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          -
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          (52,150
        </td>
        <td style="text-align: left; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          (52,150
        </td>
        <td style="text-align: left; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          )
        </td>
      </tr>
      <tr>
        <td colspan="3" style="text-align: left; padding-bottom: 2.0px; padding-left: 0.0px" valign="bottom">
          Effect of Currency Change
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; border-bottom-style: solid; white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          -
        </td>
        <td style="border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; border-bottom-style: solid; white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          -
        </td>
        <td style="border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; border-bottom-style: solid; white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          2,314
        </td>
        <td style="border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; border-bottom-style: solid; white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          -
        </td>
        <td style="border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; border-bottom-style: solid; white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          -
        </td>
        <td style="border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; border-bottom-style: solid; white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          2,314
        </td>
        <td style="border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt">
          &#160;
        </td>
      </tr>
      <tr>
        <td colspan="3" style="text-align: left; padding-bottom: 2.0px; padding-left: 0.0px" valign="bottom">
          Fiscal Year 2018 as Reported
        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-bottom: 2.0px; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="text-align: right; border-bottom-style: solid; white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          313,303
        </td>
        <td style="border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-bottom: 2.0px; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="text-align: right; border-bottom-style: solid; white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          57,701
        </td>
        <td style="border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-bottom: 2.0px; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="text-align: right; border-bottom-style: solid; white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          121,720
        </td>
        <td style="border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-bottom: 2.0px; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="text-align: right; border-bottom-style: solid; white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          72,461
        </td>
        <td style="border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-bottom: 2.0px; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="text-align: right; border-bottom-style: solid; white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          16,211
        </td>
        <td style="border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-bottom: 2.0px; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="text-align: right; border-bottom-style: solid; white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          581,396
        </td>
        <td style="border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt">
          &#160;
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">
          &#160;
        </td>
      </tr>
      <tr>
        <td colspan="3" style="text-align: left; padding-left: 0.0px" valign="bottom">
          <p style="margin-bottom: 0px; margin-top: 0px">
            <u><b>Fiscal Year 2018 % Change:</b></u>
          </p>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
      </tr>
      <tr>
        <td colspan="3" style="text-align: left; padding-left: 0.0px" valign="bottom">
          Cost (Reduction) Investment
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          (1.8
        </td>
        <td style="text-align: left; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          %)
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          3.2
        </td>
        <td style="text-align: left; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          %
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          (0.7
        </td>
        <td style="text-align: left; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          %)
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          (5.1
        </td>
        <td style="text-align: left; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          %)
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          NM
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          (1.7
        </td>
        <td style="text-align: left; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          %)
        </td>
      </tr>
      <tr>
        <td colspan="3" style="text-align: left; padding-bottom: 2.0px; padding-left: 0.0px" valign="bottom">
          Effect of Acquisitions
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; border-bottom-style: solid; white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          -
        </td>
        <td style="border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; border-bottom-style: solid; white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          -
        </td>
        <td style="border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; border-bottom-style: solid; white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          0.1
        </td>
        <td style="text-align: left; border-bottom-style: solid; white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          %
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; border-bottom-style: solid; white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          -
        </td>
        <td style="border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; border-bottom-style: solid; white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          NM
        </td>
        <td style="border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; border-bottom-style: solid; white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          0.0
        </td>
        <td style="text-align: left; border-bottom-style: solid; white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          %
        </td>
      </tr>
      <tr>
        <td colspan="3" style="text-align: left; padding-left: 0.0px" valign="bottom">
          Constant Currency Change
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          (1.8
        </td>
        <td style="text-align: left; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          %)
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          3.2
        </td>
        <td style="text-align: left; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          %
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          (0.6
        </td>
        <td style="text-align: left; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          %)
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          (5.1
        </td>
        <td style="text-align: left; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          %)
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          NM
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          (1.7
        </td>
        <td style="text-align: left; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          %)
        </td>
      </tr>
      <tr>
        <td colspan="3" style="text-align: left; padding-left: 0.0px" valign="bottom">
          Hurricane Impact
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          4.4
        </td>
        <td style="text-align: left; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          %
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          -
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          -
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          -
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          NM
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          2.1
        </td>
        <td style="text-align: left; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          %
        </td>
      </tr>
      <tr>
        <td colspan="3" style="text-align: left; padding-left: 0.0px" valign="bottom">
          Restructuring Expense Change
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          0.0
        </td>
        <td style="text-align: left; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          %
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          -
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          -
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          (1.7
        </td>
        <td style="text-align: left; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          %)
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          NM
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          (0.2
        </td>
        <td style="text-align: left; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          %)
        </td>
      </tr>
      <tr>
        <td colspan="3" style="text-align: left; padding-left: 0.0px" valign="bottom">
          Regulatory Settlement Change
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          -
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          -
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          -
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          -
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          NM
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          (8.3
        </td>
        <td style="text-align: left; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px" valign="bottom">
          %)
        </td>
      </tr>
      <tr>
        <td colspan="3" style="text-align: left; padding-bottom: 2.0px; padding-left: 0.0px" valign="bottom">
          Effect of Currency Change
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; border-bottom-style: solid; white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          -
        </td>
        <td style="border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; border-bottom-style: solid; white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          -
        </td>
        <td style="border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; border-bottom-style: solid; white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          1.9
        </td>
        <td style="text-align: left; border-bottom-style: solid; white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          %
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; border-bottom-style: solid; white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          -
        </td>
        <td style="border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; border-bottom-style: solid; white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          NM
        </td>
        <td style="border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; border-bottom-style: solid; white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          0.4
        </td>
        <td style="text-align: left; border-bottom-style: solid; white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          %
        </td>
      </tr>
      <tr>
        <td colspan="3" style="text-align: left; padding-left: 0.0px" valign="bottom">
          Fiscal Year 2018 % Change
        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td colspan="2" style="text-align: left; padding-bottom: 2.0px; padding-left: 0.0px" valign="bottom">
          as Reported
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; border-bottom-style: solid; white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          2.7
        </td>
        <td style="text-align: left; border-bottom-style: solid; white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          %
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; border-bottom-style: solid; white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          3.2
        </td>
        <td style="text-align: left; border-bottom-style: solid; white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          %
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; border-bottom-style: solid; white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          1.3
        </td>
        <td style="text-align: left; border-bottom-style: solid; white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          %
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; border-bottom-style: solid; white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          (6.8
        </td>
        <td style="text-align: left; border-bottom-style: solid; white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          %)
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; border-bottom-style: solid; white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          NM
        </td>
        <td style="border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; border-bottom-style: solid; white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          (7.7
        </td>
        <td style="text-align: left; border-bottom-style: solid; white-space: nowrap; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          %)
        </td>
      </tr>
    </table>
    </div>
    <p>

    </p>
    <p>
      CONTACT:<br>Adtalem Global Education<br>Investor Contact:<br>Beth
      Coronelli<br><u>Beth.Coronelli@Adtalem.com</u><br>630-353-9035<br>or<br>Media
      Contact:<br>Ernie Gibble<br><u>Ernie.Gibble@Adtalem.com</u><br>630-353-9920
    </p>
    <p>

    </p>
  </body>
</html>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
