<SEC-DOCUMENT>0001157523-18-002270.txt : 20181101
<SEC-HEADER>0001157523-18-002270.hdr.sgml : 20181101
<ACCEPTANCE-DATETIME>20181101162023
ACCESSION NUMBER:		0001157523-18-002270
CONFORMED SUBMISSION TYPE:	8-K
PUBLIC DOCUMENT COUNT:		2
CONFORMED PERIOD OF REPORT:	20181101
ITEM INFORMATION:		Results of Operations and Financial Condition
ITEM INFORMATION:		Financial Statements and Exhibits
FILED AS OF DATE:		20181101
DATE AS OF CHANGE:		20181101

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:			0630

	FILING VALUES:
		FORM TYPE:		8-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-13988
		FILM NUMBER:		181154026

	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>a51892884.htm
<DESCRIPTION>ADTALEM GLOBAL EDUCATION INC. 8-K
<TEXT>
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      <font style="font-size: 18pt"><b>UNITED STATES </b></font><br><font style="font-size: 18pt"><b>SECURITIES
      AND EXCHANGE COMMISSION</b></font><br><b>Washington, D.C. 20549 </b>
    </p>
    <hr style="height: 1.0 pt; color: #000000; text-align: center; width: 10%">


    <p style="text-align: center">
      <font style="font-size: 18pt"><b>FORM 8-K </b></font>&#160;
    </p>
    <hr style="height: 1.0 pt; color: #000000; text-align: center; width: 10%">


    <p style="text-align: center">
      <font style="font-size: 12pt"><b>CURRENT REPORT </b></font>
    </p>
    <p style="text-align: center">
      <font style="font-size: 12pt"><b>Pursuant to Section&#160;13 or 15(d) of the
      Securities Exchange Act of 1934 </b></font>
    </p>
    <p style="text-align: center">
      <font style="font-size: 12pt"><b>Date of Report </b></font><br><b>(Date
      of earliest event reported) </b>
    </p>
    <p style="text-align: center">
      <font style="font-size: 12pt; font-family: Times New Roman"><b>November
      1, 2018</b></font>
    </p>
    <hr style="height: 1.0 pt; color: #000000; text-align: center; width: 10%">


    <p style="text-align: center">
      <font style="font-size: 24pt"><b>ADTALEM GLOBAL EDUCATION INC.</b></font><br><b>(Exact
      name of registrant as specified in its charter)</b><br>
    </p>
    <hr style="height: 1.0 pt; color: #000000; text-align: center; width: 10%">


    <p style="text-align: center">

    </p>
    <div style="text-align:center">
    <table style="font-family: Times New Roman; margin-left:auto;margin-right:auto; font-size: 10pt; width: 90%; margin-bottom: 10.0px" cellspacing="0">
      <tr>
        <td style="text-align: center; padding-left: 0.0px; width: 33%" valign="top">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <b>Delaware</b>
          </p>
        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: center; padding-left: 0.0px; width: 34%" valign="top">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <b>1-13988</b>
          </p>
        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: center; padding-left: 0.0px; width: 33%" valign="top">
          <b>36-3150143</b>
        </td>
      </tr>
      <tr>
        <td style="text-align: center; padding-left: 0.0px; width: 33%" valign="top">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <b>(State of incorporation)</b>
          </p>
        </td>
        <td style="text-align: center; padding-left: 0.0px; width: 34%" valign="top">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <b>(Commission File Number)</b>
          </p>
        </td>
        <td style="text-align: center; padding-left: 0.0px; width: 33%" valign="top">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <b>(I.R.S. Employer<i> </i>Identification No.)</b>
          </p>
        </td>
      </tr>
      <tr>
        <td style="width: 33%">

        </td>
        <td style="width: 34%">

        </td>
        <td style="width: 33%">
          &#160;
        </td>
      </tr>
    </table>
    </div>
<div style="text-align:left">
    <table style="font-family: Times New Roman; font-size: 10pt; width: 100%; margin-bottom: 10.0px" cellspacing="0">
      <tr>
        <td style="width: 10%">
          &#160;
        </td>
        <td style="text-align: center; padding-left: 0.0px; width: 35%" valign="top">
          <b>500 West Monroe Street</b>

          <p style="margin-top: 0px; margin-bottom: 0px">
            <b>Chicago, Illinois</b>
          </p>
        </td>
        <td style="text-align: left; padding-left: 0.0px; width: 25%" valign="bottom">
          &#160;
        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: center; padding-left: 0.0px; width: 20%" valign="bottom">
          <b>60661</b>
        </td>
        <td style="width: 10%">

        </td>
      </tr>
      <tr>
        <td style="width: 10%">

        </td>
        <td style="text-align: center; padding-left: 0.0px; width: 35%" valign="top">
          <b>(Address of principal executive offices)</b>
        </td>
        <td style="text-align: left; padding-left: 0.0px; width: 25%" valign="bottom">

        </td>
        <td style="text-align: center; padding-left: 0.0px; width: 20%" valign="top">
          <b>(Zip Code)</b>
        </td>
        <td style="width: 10%">

        </td>
      </tr>
    </table>
    </div>
    <p style="text-align: center">
      <b>(630) 515-7700</b><br><b>(Registrant&#8217;s telephone number, including
      area code) </b>
    </p>
    <p style="text-align: center">
      <b>N/A </b><br><b>(Former name or former address, if changed since last
      report)</b>
    </p>
    <hr style="color: #000000; text-align: center; width: 10%; height: 1.0 pt">


    <p style="text-align: justify">
      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-size: 10pt; font-family: Arial Unicode MS">&#8414;</font>
      <font style="font-size: 10pt; font-family: Times New Roman">Written
      communications pursuant to Rule 425 under the Securities Act (17 CFR
      230.425)</font>
    </p>
    <p>
      <font style="font-size: 10pt; font-family: Arial Unicode MS">&#8414;</font>
      <font style="font-size: 10pt; font-family: Times New Roman">Soliciting
      material pursuant to Rule 14a-12 under the Exchange Act (17 CFR
      240.14a-12)</font>
    </p>
    <p>
      <font style="font-size: 10pt; font-family: Arial Unicode MS">&#8414;</font>
      <font style="font-size: 10pt; font-family: Times New Roman">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-size: 10pt; font-family: Arial Unicode MS">&#8414;</font>
      <font style="font-size: 10pt; font-family: Times New Roman">Pre-commencement
      communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR
      240.13e-4(c))</font>
    </p>
    <p>
      <font style="font-size: 10pt; font-family: Times New Roman">&#160;Indicate by
      check mark whether the registrant is an emerging growth company as
      defined in Rule 405 of the Securities Act of 1933 (&#167;230.405 of this
      chapter) or Rule 12b-2 of the Securities Exchange Act of 1934
      (&#167;240.12b-2 of this chapter).</font>
    </p>
    <p>
      Emerging growth company <font style="font-size: 10pt; font-family: Arial Unicode MS">&#8414;</font>
    </p>
    <p style="text-align: justify">
      <font style="font-size: 10pt; font-family: Times New Roman">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> <font style="font-size: 10pt; font-family: Arial Unicode MS">&#8414;</font>&#160;
    </p>
    <hr style="color: #000000; text-align: center; width: 100%; height: 2.0 pt">


    <p style="text-align: justify">

    </p>
    <div style="margin-right: 0pt; width: 100%; text-indent: 0pt; margin-left: 0pt; margin-bottom: 10pt">
      <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="color: #000000; text-align: center; width: 100%; height: 1.0 pt">

<div style="text-align:left">

    <table style="font-family: Times New Roman; font-size: 10pt; width: 100%; margin-bottom: 10.0px" cellspacing="0">
      <tr>
        <td style="text-align: left; padding-left: 0.0px; width: 10%" valign="top">
          <b>Item 2.02</b>
        </td>
        <td style="text-align: left; padding-left: 0.0px; width: 90%" valign="top">
          <b>Results of Operations and Financial Condition</b>
        </td>
      </tr>
    </table>
    </div>
    <p style="text-align: justify; text-indent: 30.0px">
      On November 1, 2018, Adtalem Global Education Inc. (&#8220;Adtalem&#8221;) issued a
      press release announcing its fiscal 2019 first quarter academic,
      operating and financial results.&#160;&#160;The press release is attached hereto
      as Exhibit 99.1 to this Form 8-K and is incorporated herein by reference.
    </p>
    <p style="text-align: justify; 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, as amended (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, as amended 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 8-K and related press release,
      including those that affect Adtalem&#8217;s expectations or plans, constitute
      forward-looking statements within the meaning of the Safe Harbor
      Provision of the Private Securities Litigation Reform Act of
      1995.&#160;&#160;These forward-looking statements generally can be identified by
      phrases such as Adtalem 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;
      &quot;potential,&quot; &quot;continue,&quot; &quot;may,&quot; &quot;will,&quot; &quot;should,&quot; &quot;could&quot; or other words
      or phrases of similar import which predict or indicate future events or
      trends or that are not statements of historical matters.
    </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, 2018, and
      its most recent Form 10-Q for the quarter ending September 30, 2018.
    </p>
    <p style="text-align: justify; text-indent: 30.0px">
      These forward-looking statements are based on information as of November
      1, 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">
    <table style="font-family: Times New Roman; font-size: 10pt; width: 100%; margin-bottom: 10.0px" cellspacing="0">
      <tr>
        <td style="text-align: left; padding-left: 0.0px; width: 10%" valign="top">
          <b>Item 9.01</b>
        </td>
        <td style="text-align: left; padding-left: 0.0px; width: 90%" valign="top">
          <b>Financial Statements and Exhibits</b>
        </td>
      </tr>
    </table>
    </div>
    <p>
      99.1 &#160;&#160;Press Release of Adtalem Global Education Inc., dated November 1,
      2018
    </p>
    <p>

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

    </p>
    <p style="text-align: center">
      <b>SIGNATURES</b>
    </p>
    <p style="text-align: left; text-indent: 30.0px">
      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.
    </p>
<div style="text-align:left">
    <table style="font-family: Times New Roman; font-size: 10pt; width: 100%; margin-bottom: 10.0px" cellspacing="0">
      <tr>
        <td style="width: 54%">

        </td>
        <td colspan="2" style="text-align: left; padding-left: 0.0px" valign="bottom">
          ADTALEM GLOBAL EDUCATION INC.
        </td>
        <td style="width: 18%">

        </td>
      </tr>
      <tr>
        <td style="width: 54%">

        </td>
        <td colspan="2" style="text-align: left; padding-left: 0.0px" valign="bottom">
          (Registrant)
        </td>
        <td style="width: 18%">

        </td>
      </tr>
      <tr>
        <td style="width: 54%">

        </td>
        <td style="width: 3%">

        </td>
        <td style="width: 25%">

        </td>
        <td style="text-align: left; padding-left: 0.0px; width: 18%" valign="top">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px; width: 54%; padding-bottom: 2.0px" valign="top">
          <p style="margin-top: 0px; margin-bottom: 0px">
            Date: November 1, 2018
          </p>
        </td>
        <td style="text-align: left; padding-left: 0.0px; width: 3%; padding-bottom: 2.0px" valign="bottom">
          By:
        </td>
        <td style="border-bottom-color: black; border-bottom-style: solid; text-align: left; border-bottom-width: 1.0pt; padding-left: 0.0px; width: 25%" valign="bottom">
          <p style="margin-top: 0px; margin-bottom: 0px">
            /s/ Kathleen A. Carroll
          </p>
        </td>
        <td style="width: 18%">

        </td>
      </tr>
      <tr>
        <td style="width: 54%">

        </td>
        <td style="width: 3%">

        </td>
        <td style="text-align: left; padding-left: 0.0px; width: 25%" valign="bottom">
          <p style="margin-top: 0px; margin-bottom: 0px">
            Kathleen A. Carroll
          </p>
        </td>
        <td style="width: 18%">

        </td>
      </tr>
      <tr>
        <td style="width: 54%">

        </td>
        <td style="width: 3%">

        </td>
        <td colspan="2" style="text-align: left; padding-left: 0.0px" valign="bottom">
          <p style="margin-top: 0px; margin-bottom: 0px">
            Vice President, Controller
          </p>
        </td>
      </tr>
    </table>
    </div>
    <div style="margin-right: 0pt; width: 100%; text-indent: 0pt; margin-left: 0pt; margin-bottom: 10pt">
      <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">
      <b>EXHIBIT&#160;INDEX</b>
    </p>
    <p style="text-align: center">

    </p>
<div style="text-align:left">
    <table style="font-family: Times New Roman; font-size: 10pt; width: 100%; margin-bottom: 10.0px" cellspacing="0">
      <tr>
        <td style="border-bottom-color: black; border-bottom-style: solid; text-align: left; border-bottom-width: 1.0pt; padding-left: 0.0px; width: 12%" valign="top">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <b>Exhibit Number</b>
          </p>
        </td>
        <td style="width: 2%">
          &#160;
        </td>
        <td style="border-bottom-color: black; border-bottom-style: solid; text-align: left; border-bottom-width: 1.0pt; padding-left: 0.0px; width: 86%" valign="top">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <b>Description</b>
          </p>
        </td>
      </tr>
      <tr>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: left; padding-left: 0.0px; width: 12%" valign="top">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <a href="a51892884ex99_1.htm">99.1</a>
          </p>
        </td>
        <td style="width: 2%">

        </td>
        <td style="text-align: left; padding-left: 0.0px; width: 86%" valign="top">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <a href="a51892884ex99_1.htm">Press Release dated November 1, 2018</a>
          </p>
        </td>
      </tr>
    </table>
    </div>
    <p style="text-align: left">

    </p>
  </body>
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</DOCUMENT>
<DOCUMENT>
<TYPE>EX-99.1
<SEQUENCE>2
<FILENAME>a51892884ex99_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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  <body style="font-size: 8pt; font-family: Times New Roman">
    <p style="text-align: right">
      <b>Exhibit 99.1</b>
    </p>
    <p style="text-align: center">
      <font style="font-size: 12pt; font-family: Times New Roman"><b>Adtalem
      Global Education Announces First Quarter Fiscal 2019 Results</b></font>
    </p>
    <p style="text-align: center">
      <i><font style="font-size: 12pt; font-family: Times New Roman"><b>New
      Student Enrollment up 19.7% and Total Enrollment up 3.6%</b></font></i>
    </p>
    <p>
      CHICAGO--(BUSINESS WIRE)--November 1, 2018--Adtalem Global Education
      Inc. (NYSE: ATGE), a leading global education provider, today reported
      academic, operating and financial results for its first quarter fiscal
      2019 ended September 30, 2018.
    </p>
    <p>
      &#8220;Fiscal year 2019 is off to a good start as we delivered solid new
      student enrollment growth,&#8221; said Lisa Wardell, president and CEO of
      Adtalem. &#8220;We are focused on growth opportunities in and across our
      verticals, while maintaining an operational focus through our portfolio
      management approach and effective cost management. Our short and
      long-term priorities are aligned to support our students in the
      achievement of outstanding outcomes, while delivering sustainable
      revenue and EPS growth over the long term.&#8221;
    </p>
    <p>
      <b>Financial and Operating Highlights</b>
    </p>
    <p>
      Selected operating and financial data for the three months ended
      September 30, 2018:
    </p>
    <ul>
      <li style="margin-bottom: 10.0px">
        Adtalem new student enrollment increased 19.7 percent and total
        student enrollment increased 3.6 percent from the prior year
      </li>
      <li style="margin-bottom: 10.0px">
        Revenue of $284.2 million decreased 3.1 percent compared to the prior
        year
      </li>
      <li style="margin-bottom: 10.0px">
        Operating loss from continuing operations was $2.5 million compared to
        operating income from continuing operations of $29.9 million in the
        prior year; operating income from continuing operations excluding
        special items was $37.0 million compared to $31.0 million in the prior
        year
      </li>
      <li style="margin-bottom: 10.0px">
        Net loss was $9.5 million compared to net income of $12.8 million in
        the prior year; net income from continuing operations excluding
        special items was $27.3 million compared to $26.2 million in the prior
        year
      </li>
      <li style="margin-bottom: 10.0px">
        Diluted loss per share was $0.16 compared to earnings per share of
        $0.20 in the prior year; diluted earnings per share from continuing
        operations excluding special items was $0.45 compared to $0.41 in the
        prior year
      </li>
      <li style="margin-bottom: 10.0px">
        Approximately 1.2 million shares of common stock were repurchased
        during the first quarter of fiscal 2019 at an average purchase price
        of $47.94 for a total of $59.2 million
      </li>
    </ul>
    <div style="margin-right: 0pt; width: 100%; text-indent: 0pt; margin-left: 0pt; margin-bottom: 10pt">
      <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>
      Fiscal 2019 first quarter results contained total pre-tax restructuring
      charges of $39.5 million, of which $37.8 million were non-cash charges,
      primarily related to the closing of the Ross University School of
      Medicine (RUSM) campus in Dominica and relocating to Barbados.
    </p>
    <p>
      Adtalem signed agreements to transfer ownership of DeVry University and
      Carrington College during the second and fourth quarter of fiscal 2018,
      respectively. Both divestitures are expected to be completed by calendar
      year end 2018 and are subject to certain terms and conditions, including
      regulatory and accreditor approval. As a result of these transactions,
      DeVry University and Carrington College are classified as discontinued
      operations. Adtalem recorded an after-tax loss from discontinued
      operations of $4.7 million in the first quarter of fiscal 2019.
    </p>
    <p>
      <b>Segment Highlights</b>
    </p>
    <p>
      <b>Medical and Healthcare</b>
    </p>
    <p>
      First quarter segment revenue increased 5.7 percent to $202.1 million
      compared to the prior year. Chamberlain revenue was essentially flat at
      $113.7 million in the first quarter compared to the prior year. New
      student enrollment increased 9.5 percent and total student enrollment
      increased 4.1 percent in the September 2018 session compared to the
      prior year. Revenue in the quarter for the medical and veterinary
      schools increased 14.3 percent from the prior year to $88.4 million,
      driven by enrollment increases and the hurricane impact in the prior
      year first quarter. New student enrollment increased 9.5 percent and
      total student enrollment increased 2.5 percent in the September 2018
      semester compared to the same semester last year. Segment operating
      income in the first quarter was $1.7 million compared to $26.2 million
      in the prior year. Excluding special items, segment operating income in
      the first quarter was $40.7 million compared to $26.3 million in the
      prior year.
    </p>
    <div style="margin-right: 0pt; width: 100%; text-indent: 0pt; margin-left: 0pt; margin-bottom: 10pt">
      <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>
      <b>Professional Education</b>
    </p>
    <p>
      First quarter segment revenue decreased 11.0 percent to $35.6 million
      compared to the prior year. Segment operating income was $4.8 million
      compared to $10.5 million in the prior year. The decreases were
      primarily a result of a planned shift to hold the Association of
      Certified Anti-Money Laundering Specialists (ACAMS) North American
      annual conference in the second quarter of fiscal 2019 as compared to
      being held in the first quarter of fiscal 2018.
    </p>
    <p>
      <b>Technology and Business</b>
    </p>
    <p>
      First quarter segment revenue decreased 24.3 percent to $47.3 million
      compared to the prior year. On a constant currency basis, revenue
      decreased 4.2 percent compared to the prior year due to higher
      discounting to counter increased competition and reductions in
      government financial aid funding. New student enrollment increased 23.8
      percent, and increased 9.4 percent excluding Wyden Online distance
      learning, while total enrollment was up 3.5 percent compared to the same
      term last year, and increased 0.7 percent excluding Wyden Online.
      Segment operating loss in the first quarter was $2.7 million compared to
      operating income of $1.9 million in the prior year.
    </p>
    <p>
      <b>Adtalem Outlook</b>
    </p>
    <p>
      Fiscal 2019 second quarter revenue is expected to increase approximately
      3 to 4 percent compared to the prior year. Second quarter operating
      costs before special items are expected to be up 5 to 6 percent compared
      to the prior year. The second quarter outlook assumes an exchange rate
      of 3.75 Brazilian Real to the U.S. Dollar.
    </p>
    <p>
      Fiscal 2019 full year revenue is expected to increase approximately 4
      percent compared to the prior year. The effective income tax rate is
      expected to be in the 17 to 18 percent range. Earnings per share from
      continuing operations before special items are expected to grow in the 2
      to 3 percent range compared to the prior year. The full year outlook
      assumes an exchange rate of 3.70 Brazilian Real to the U.S. Dollar. Full
      year capital spending is expected to be in the $70 to $75 million range,
      including approximately $25 to $30 million for the relocation of RUSM to
      Barbados. Adtalem&#8217;s outlook excludes potential charges related to
      restructuring plans and the pending ownership transfer of DeVry
      University and Carrington College.
    </p>
    <div style="margin-right: 0pt; width: 100%; text-indent: 0pt; margin-left: 0pt; margin-bottom: 10pt">
      <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>
      <b>Conference Call and Webcast Information</b>
    </p>
    <p>
      Adtalem will hold a conference call to discuss its first quarter fiscal
      2019 earnings on Thursday, November 1, at 4 p.m. CT (5 p.m. ET). 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) and ask for the Adtalem call
      or use conference ID: 13684548. Adtalem will also broadcast the
      conference call on Adtalem's website at<b>: </b><u>http://www.investorcalendar.com/event/39722</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>
    <p>
      Adtalem will archive a telephone replay of the call until December 1,
      2019. To access the replay, dial 877-660-6853 (domestic) or 201-612-7415
      (international), conference ID: 13684548. To access the webcast replay,
      please visit Adtalem's website at: <u>http://www.investorcalendar.com/event/39722</u>.
    </p>
    <p>
      <b>About Adtalem Global Education Inc.</b>
    </p>
    <p>
      The purpose of Adtalem Global Education Inc. 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, EduPristine, Ross University
      School of Medicine and Ross University School of Veterinary Medicine.
      For more information, please visit&#160;adtalem.com.
    </p>
    <div style="margin-right: 0pt; width: 100%; text-indent: 0pt; margin-left: 0pt; margin-bottom: 10pt">
      <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>
      <b>Forward Looking Statement</b>
    </p>
    <p>
      Certain statements contained in this release concerning Adtalem Global
      Education&#8217;s expected future performance, including those statements
      concerning expectations or plans, constitute &#8220;forward-looking
      statements&#8221; within the meaning of 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; &#8220;plans,&#8221; &#8220;intends,&#8221; &#8220;estimates,&#8221;
      &#8220;potential,&#8221; &#8220;continue,&#8221; &#8220;may,&#8221; &#8220;will,&#8221; &#8220;should,&#8221; &#8220;could,&#8221; or other
      words or phrases of similar import which predict or indicate future
      events or trends or that are not statements of historical matters.
      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, 2018 filed with the Securities
      and Exchange Commission (SEC) on August 24, 2018. Any forward-looking
      statement made by us in this release is based only on information
      currently available to us and speaks only as of the date on which it is
      made. We undertake no obligation to publicly update any forward-looking
      statement, whether written or oral, that may be made from time to time,
      whether as a result of new information, future developments or otherwise.
    </p>
    <div style="margin-right: 0pt; width: 100%; text-indent: 0pt; margin-left: 0pt; margin-bottom: 10pt">
      <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 style="font-family: Times New Roman; font-size: 8pt; width: 100%; margin-bottom: 10.0px" cellspacing="0">
      <tr>
        <td colspan="7">
          &#160;
        </td>
      </tr>
      <tr>
        <td colspan="7" style="padding-right: 0.0px; white-space: nowrap; text-align: left; padding-left: 0.0px" valign="top">
          <b>Enrollment from Continuing Operations</b>
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>
          &#160;
        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="top">
          <b>FY 2019</b>
        </td>
        <td>
          &#160;
        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="top">
          <b>FY 2018</b>
        </td>
        <td>
          &#160;
        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; 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="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          24,280
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          20,281
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          +19.7%
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 30.0px" valign="top">
          Total students
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          118,270
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          114,146
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          +3.6%
        </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>September 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="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          5,435
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          4,962
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          +9.5%
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 30.0px" valign="top">
          Total students
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          31,295
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          30,062
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          +4.1%
        </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">
          <i>July 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<sup>(2)</sup>
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          2,523
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          2,497
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          +1.0%
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 30.0px" valign="top">
          Total students
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          28,037
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          26,811
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          +4.6%
        </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">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <b>Medical and Veterinary</b>
          </p>
        </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>September Semester<sup>(3)</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="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          889
        </td>
        <td>

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

        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          +9.5%
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 30.0px" valign="top">
          Total students
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          5,887
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          5,744
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          +2.5%
        </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">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <b>Adtalem Brazil</b>
          </p>
        </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>September Semester</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="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          17,956
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          14,507
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          +23.8%
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 30.0px" valign="top">
          Total students
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          81,088
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          78,340
        </td>
        <td>

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

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>
          &#160;
        </td>
      </tr>
    </table>
    </div>
<div style="text-align:left">
    <table style="font-family: Times New Roman; font-size: 8pt; width: 100%; margin-bottom: 10.0px" cellspacing="0">
      <tr>
        <td>

        </td>
        <td colspan="6">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: left; padding-left: 0.0px" valign="top">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <b>Enrollment from Discontinued Operations</b>
          </p>
        </td>
        <td colspan="6">

        </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">
          <p style="margin-top: 0px; margin-bottom: 0px">
            &#160;
          </p>
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="top">
          <b>FY 2019</b>
        </td>
        <td>

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

        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          <b>% Change</b>
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px" valign="top">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <b>Carrington College</b>
          </p>
        </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 September 30, 2018</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="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          1,970
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          2,155
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          -8.6%
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 35.0px" valign="top">
          Total students
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          5,692
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          5,258
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          +8.3%
        </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>DeVry 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">
          Undergraduate <i>&#8211; September 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="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          3,189
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          2,825
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          +12.9%
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 35.0px" valign="top">
          Total students
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          18,129
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          19,287
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          -6.0%
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px" valign="top">
          Graduate <i>&#8211; September 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="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          6,886
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          7,915
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          -13.0%
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px" valign="top">
          Undergraduate <i>&#8211; July 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="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          2,977
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          2,616
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          +13.8%
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 35.0px" valign="top">
          Total students
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          17,478
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          18,853
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          -7.3%
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px" valign="top">
          Graduate <i>&#8211; July 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="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          6,449
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          7,442
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          -13.3%
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>
          &#160;
        </td>
      </tr>
    </table>
    </div>
    <p>
      1) Includes the most recently reported enrollments at Adtalem&#8217;s
      postsecondary institutions
    </p>
    <p>
      2) Post-licensure online programs only; pre-licensure campus-based
      programs start in September, January and May; Total students includes
      pre and post-licensure enrollment
    </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-right: 0pt; width: 100%; text-indent: 0pt; margin-left: 0pt; margin-bottom: 10pt">
      <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 style="font-family: Times New Roman; font-size: 8pt; width: 100%; margin-bottom: 10.0px" cellspacing="0">
      <tr>
        <td colspan="14">
          &#160;
        </td>
      </tr>
      <tr>
        <td colspan="14" style="text-align: center; padding-left: 0.0px" valign="bottom">
          <b>ADTALEM GLOBAL EDUCATION INC.</b>
        </td>
      </tr>
      <tr>
        <td colspan="14" style="text-align: center; padding-left: 0.0px" valign="bottom">
          <b>CONSOLIDATED BALANCE SHEETS</b>
        </td>
      </tr>
      <tr>
        <td colspan="14" style="text-align: center; padding-left: 0.0px" valign="bottom">
          <b>(Unaudited)</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>

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

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

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

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

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2" style="padding-right: 0.0px; border-bottom-color: black; white-space: nowrap; border-bottom-style: solid; text-align: center; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          <b>2018</b>
        </td>
        <td>

        </td>
        <td colspan="2" style="padding-right: 0.0px; border-bottom-color: black; white-space: nowrap; border-bottom-style: solid; text-align: center; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          <b>2018</b>
        </td>
        <td>

        </td>
        <td colspan="2" style="padding-right: 0.0px; border-bottom-color: black; white-space: nowrap; border-bottom-style: solid; text-align: center; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          <b>2017</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="8" 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 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">
          Cash and Cash Equivalents
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          408,765
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          430,690
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          273,102
        </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="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          8,402
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          4,255
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          4,139
        </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="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          877
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          310
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          1,555
        </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="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          166,794
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          146,726
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          151,867
        </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 Current Assets
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          69,714
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          58,887
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          56,794
        </td>
        <td>

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

        </td>
        <td>

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

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; border-bottom-color: black; white-space: nowrap; border-bottom-style: solid; text-align: right; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          84,834
        </td>
        <td style="border-bottom-color: black; border-bottom-style: solid; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; border-bottom-color: black; white-space: nowrap; border-bottom-style: solid; text-align: right; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          47,132
        </td>
        <td style="border-bottom-color: black; border-bottom-style: solid; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; border-bottom-color: black; white-space: nowrap; border-bottom-style: solid; text-align: right; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          54,169
        </td>
        <td style="border-bottom-color: black; border-bottom-style: solid; border-bottom-width: 1.0pt">
          &#160;
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

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

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; border-bottom-color: black; white-space: nowrap; border-bottom-style: solid; text-align: right; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          739,386
        </td>
        <td style="border-bottom-color: black; border-bottom-style: solid; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; border-bottom-color: black; white-space: nowrap; border-bottom-style: solid; text-align: right; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          688,000
        </td>
        <td style="border-bottom-color: black; border-bottom-style: solid; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; border-bottom-color: black; white-space: nowrap; border-bottom-style: solid; text-align: right; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          541,626
        </td>
        <td style="border-bottom-color: black; border-bottom-style: solid; 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 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">
          Land
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          43,724
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          48,177
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          49,078
        </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="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          349,694
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          389,129
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          403,717
        </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="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          269,298
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          302,516
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          289,692
        </td>
        <td>

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

        </td>
        <td>

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

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; border-bottom-color: black; white-space: nowrap; border-bottom-style: solid; text-align: right; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          26,849
        </td>
        <td style="border-bottom-color: black; border-bottom-style: solid; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; border-bottom-color: black; white-space: nowrap; border-bottom-style: solid; text-align: right; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          25,360
        </td>
        <td style="border-bottom-color: black; border-bottom-style: solid; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; border-bottom-color: black; white-space: nowrap; border-bottom-style: solid; text-align: right; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          18,803
        </td>
        <td style="border-bottom-color: black; border-bottom-style: solid; border-bottom-width: 1.0pt">
          &#160;
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          689,565
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          765,182
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          761,290
        </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="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          (338,162
        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: left; padding-left: 0.0px" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          (376,528
        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: left; padding-left: 0.0px" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          (344,316
        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: left; padding-left: 0.0px" valign="bottom">
          )
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

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

        </td>
        <td>

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

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

        </td>
        <td style="padding-right: 0.0px; border-bottom-color: black; white-space: nowrap; border-bottom-style: solid; text-align: right; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          59,154
        </td>
        <td style="border-bottom-color: black; border-bottom-style: solid; border-bottom-width: 1.0pt">
          &#160;
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

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

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; border-bottom-color: black; white-space: nowrap; border-bottom-style: solid; text-align: right; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          351,403
        </td>
        <td style="border-bottom-color: black; border-bottom-style: solid; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; border-bottom-color: black; white-space: nowrap; border-bottom-style: solid; text-align: right; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          388,654
        </td>
        <td style="border-bottom-color: black; border-bottom-style: solid; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; border-bottom-color: black; white-space: nowrap; border-bottom-style: solid; text-align: right; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          476,128
        </td>
        <td style="border-bottom-color: black; border-bottom-style: solid; 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>Noncurrent Assets:</b>
        </td>
        <td>

        </td>
        <td>

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

        </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">
          Deferred Income Taxes
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          31,080
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          38,780
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          32,137
        </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="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          355,595
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          362,931
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          395,916
        </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="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          805,285
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          813,887
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          838,669
        </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="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          53,666
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          39,259
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          37,663
        </td>
        <td>

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

        </td>
        <td>

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

        </td>
        <td>

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

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

        </td>
        <td style="padding-right: 0.0px; border-bottom-color: black; white-space: nowrap; border-bottom-style: solid; text-align: right; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          62,372
        </td>
        <td style="border-bottom-color: black; border-bottom-style: solid; border-bottom-width: 1.0pt">
          &#160;
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

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

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; border-bottom-color: black; white-space: nowrap; border-bottom-style: solid; text-align: right; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          1,259,076
        </td>
        <td style="border-bottom-color: black; border-bottom-style: solid; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; border-bottom-color: black; white-space: nowrap; border-bottom-style: solid; text-align: right; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          1,268,307
        </td>
        <td style="border-bottom-color: black; border-bottom-style: solid; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; border-bottom-color: black; white-space: nowrap; border-bottom-style: solid; text-align: right; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          1,366,757
        </td>
        <td style="border-bottom-color: black; border-bottom-style: solid; border-bottom-width: 1.0pt">
          &#160;
        </td>
      </tr>
      <tr>
        <td colspan="4" style="text-align: left; padding-left: 0.0px; padding-bottom: 4.0px" valign="bottom">
          <b>TOTAL ASSETS</b>
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px; padding-bottom: 4.0px" valign="bottom">
          $
        </td>
        <td style="padding-right: 0.0px; border-bottom-color: black; white-space: nowrap; border-bottom-style: double; text-align: right; border-bottom-width: 2.25pt; padding-left: 0.0px" valign="bottom">
          2,349,865
        </td>
        <td style="border-bottom-color: black; border-bottom-style: double; border-bottom-width: 2.25pt">
          &#160;
        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px; padding-bottom: 4.0px" valign="bottom">
          $
        </td>
        <td style="padding-right: 0.0px; border-bottom-color: black; white-space: nowrap; border-bottom-style: double; text-align: right; border-bottom-width: 2.25pt; padding-left: 0.0px" valign="bottom">
          2,344,961
        </td>
        <td style="border-bottom-color: black; border-bottom-style: double; border-bottom-width: 2.25pt">
          &#160;
        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px; padding-bottom: 4.0px" valign="bottom">
          $
        </td>
        <td style="padding-right: 0.0px; border-bottom-color: black; white-space: nowrap; border-bottom-style: double; text-align: right; border-bottom-width: 2.25pt; padding-left: 0.0px" valign="bottom">
          2,384,511
        </td>
        <td style="border-bottom-color: black; border-bottom-style: double; 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 colspan="2">

        </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 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">
          <b>Current Liabilities:</b>
        </td>
        <td>

        </td>
        <td>

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

        </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">
          Accounts Payable
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          50,413
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          47,477
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          46,095
        </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="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          46,255
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          71,289
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          56,860
        </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="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          90,167
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          80,803
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          80,871
        </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="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          185,061
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          106,773
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          171,470
        </td>
        <td>

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

        </td>
        <td>

        </td>
        <td colspan="2" style="text-align: left; padding-left: 0.0px" valign="bottom">
          Current Portion of Long-Term Debt
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          3,000
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          3,000
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; 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; padding-bottom: 2.0px" valign="bottom">
          Current Liabilities Held for Sale
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; border-bottom-color: black; white-space: nowrap; border-bottom-style: solid; text-align: right; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          84,190
        </td>
        <td style="border-bottom-color: black; border-bottom-style: solid; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; border-bottom-color: black; white-space: nowrap; border-bottom-style: solid; text-align: right; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          56,439
        </td>
        <td style="border-bottom-color: black; border-bottom-style: solid; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; border-bottom-color: black; white-space: nowrap; border-bottom-style: solid; text-align: right; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          95,222
        </td>
        <td style="border-bottom-color: black; border-bottom-style: solid; border-bottom-width: 1.0pt">
          &#160;
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

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

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; border-bottom-color: black; white-space: nowrap; border-bottom-style: solid; text-align: right; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          459,086
        </td>
        <td style="border-bottom-color: black; border-bottom-style: solid; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; border-bottom-color: black; white-space: nowrap; border-bottom-style: solid; text-align: right; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          365,781
        </td>
        <td style="border-bottom-color: black; border-bottom-style: solid; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; border-bottom-color: black; white-space: nowrap; border-bottom-style: solid; text-align: right; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          450,518
        </td>
        <td style="border-bottom-color: black; border-bottom-style: solid; 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>Noncurrent Liabilities:</b>
        </td>
        <td>

        </td>
        <td>

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

        </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">
          Long-Term Debt
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          289,579
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          290,073
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          135,000
        </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
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          29,378
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          29,115
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          34,755
        </td>
        <td>

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

        </td>
        <td>

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

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          122,757
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          131,380
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          98,718
        </td>
        <td>

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

        </td>
        <td>

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

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; border-bottom-color: black; white-space: nowrap; border-bottom-style: solid; text-align: right; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          216
        </td>
        <td style="border-bottom-color: black; border-bottom-style: solid; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; border-bottom-color: black; white-space: nowrap; border-bottom-style: solid; text-align: right; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          216
        </td>
        <td style="border-bottom-color: black; border-bottom-style: solid; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; border-bottom-color: black; white-space: nowrap; border-bottom-style: solid; text-align: right; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          915
        </td>
        <td style="border-bottom-color: black; border-bottom-style: solid; border-bottom-width: 1.0pt">
          &#160;
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

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

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; border-bottom-color: black; white-space: nowrap; border-bottom-style: solid; text-align: right; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          441,930
        </td>
        <td style="border-bottom-color: black; border-bottom-style: solid; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; border-bottom-color: black; white-space: nowrap; border-bottom-style: solid; text-align: right; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          450,784
        </td>
        <td style="border-bottom-color: black; border-bottom-style: solid; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; border-bottom-color: black; white-space: nowrap; border-bottom-style: solid; text-align: right; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          269,388
        </td>
        <td style="border-bottom-color: black; border-bottom-style: solid; border-bottom-width: 1.0pt">
          &#160;
        </td>
      </tr>
      <tr>
        <td colspan="4" style="text-align: left; padding-left: 0.0px; padding-bottom: 2.0px" valign="bottom">
          <b>TOTAL LIABILITIES</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; border-bottom-color: black; white-space: nowrap; border-bottom-style: solid; text-align: right; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          901,016
        </td>
        <td style="border-bottom-color: black; border-bottom-style: solid; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; border-bottom-color: black; white-space: nowrap; border-bottom-style: solid; text-align: right; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          816,565
        </td>
        <td style="border-bottom-color: black; border-bottom-style: solid; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; border-bottom-color: black; white-space: nowrap; border-bottom-style: solid; text-align: right; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          719,906
        </td>
        <td style="border-bottom-color: black; border-bottom-style: solid; border-bottom-width: 1.0pt">
          &#160;
        </td>
      </tr>
      <tr>
        <td colspan="4" style="text-align: left; padding-left: 0.0px; padding-bottom: 2.0px" valign="bottom">
          <b>NONCONTROLLING INTEREST</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; border-bottom-color: black; white-space: nowrap; border-bottom-style: solid; text-align: right; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          8,814
        </td>
        <td style="border-bottom-color: black; border-bottom-style: solid; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; border-bottom-color: black; white-space: nowrap; border-bottom-style: solid; text-align: right; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          9,110
        </td>
        <td style="border-bottom-color: black; border-bottom-style: solid; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; border-bottom-color: black; white-space: nowrap; border-bottom-style: solid; text-align: right; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          6,566
        </td>
        <td style="border-bottom-color: black; border-bottom-style: solid; 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 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">
          Common Stock, $0.01 Par Value, 200,000,000 Shares Authorized;
        </td>
        <td>

        </td>
        <td>

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

        </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">
          59,120,000, 59,893,000 and 61,194,000 Shares Outstanding at
        </td>
        <td>

        </td>
        <td>

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

        </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">
          September 30, 2018, June 30, 2018 and September 30, 2017,
          respectively
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          798
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          793
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          785
        </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="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          469,545
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          454,653
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          422,358
        </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="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          1,908,465
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          1,917,373
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          1,894,372
        </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="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          (163,168
        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: left; padding-left: 0.0px" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          (142,168
        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: left; padding-left: 0.0px" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          (35,720
        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: left; 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, 20,727,000, 19,390,000 and 17,271,000
          Shares at
        </td>
        <td>

        </td>
        <td>

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

        </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; padding-bottom: 2.0px" valign="bottom">
          September 30, 2018, June 30, 2018 and September 30, 2017,
          respectively
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; border-bottom-color: black; white-space: nowrap; border-bottom-style: solid; text-align: right; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          (775,605
        </td>
        <td style="padding-right: 0.0px; border-bottom-color: black; white-space: nowrap; border-bottom-style: solid; text-align: left; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; border-bottom-color: black; white-space: nowrap; border-bottom-style: solid; text-align: right; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          (711,365
        </td>
        <td style="padding-right: 0.0px; border-bottom-color: black; white-space: nowrap; border-bottom-style: solid; text-align: left; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; border-bottom-color: black; white-space: nowrap; border-bottom-style: solid; text-align: right; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          (623,756
        </td>
        <td style="padding-right: 0.0px; border-bottom-color: black; white-space: nowrap; border-bottom-style: solid; text-align: left; 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; padding-bottom: 2.0px" valign="bottom">
          <b>TOTAL SHAREHOLDERS' EQUITY</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; border-bottom-color: black; white-space: nowrap; border-bottom-style: solid; text-align: right; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          1,440,035
        </td>
        <td style="border-bottom-color: black; border-bottom-style: solid; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; border-bottom-color: black; white-space: nowrap; border-bottom-style: solid; text-align: right; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          1,519,286
        </td>
        <td style="border-bottom-color: black; border-bottom-style: solid; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; border-bottom-color: black; white-space: nowrap; border-bottom-style: solid; text-align: right; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          1,658,039
        </td>
        <td style="border-bottom-color: black; border-bottom-style: solid; 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 colspan="2">

        </td>
        <td>

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

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

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

        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px; padding-bottom: 4.0px" valign="bottom">
          $
        </td>
        <td style="padding-right: 0.0px; border-bottom-color: black; white-space: nowrap; border-bottom-style: double; text-align: right; border-bottom-width: 2.25pt; padding-left: 0.0px" valign="bottom">
          2,349,865
        </td>
        <td style="border-bottom-color: black; border-bottom-style: double; border-bottom-width: 2.25pt">
          &#160;
        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px; padding-bottom: 4.0px" valign="bottom">
          $
        </td>
        <td style="padding-right: 0.0px; border-bottom-color: black; white-space: nowrap; border-bottom-style: double; text-align: right; border-bottom-width: 2.25pt; padding-left: 0.0px" valign="bottom">
          2,344,961
        </td>
        <td style="border-bottom-color: black; border-bottom-style: double; border-bottom-width: 2.25pt">
          &#160;
        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px; padding-bottom: 4.0px" valign="bottom">
          $
        </td>
        <td style="padding-right: 0.0px; border-bottom-color: black; white-space: nowrap; border-bottom-style: double; text-align: right; border-bottom-width: 2.25pt; padding-left: 0.0px" valign="bottom">
          2,384,511
        </td>
        <td style="border-bottom-color: black; border-bottom-style: double; border-bottom-width: 2.25pt">
          &#160;
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>
          &#160;
        </td>
      </tr>
    </table>
    </div>
    <div style="margin-right: 0pt; width: 100%; text-indent: 0pt; margin-left: 0pt; margin-bottom: 10pt">
      <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 style="font-family: Times New Roman; font-size: 8pt; width: 100%; margin-bottom: 10.0px" cellspacing="0">
      <tr>
        <td colspan="11">
          &#160;
        </td>
      </tr>
      <tr>
        <td colspan="11" style="padding-right: 0.0px; white-space: nowrap; text-align: center; padding-left: 0.0px" valign="bottom">
          <b>ADTALEM GLOBAL EDUCATION INC.</b>
        </td>
      </tr>
      <tr>
        <td colspan="11" style="padding-right: 0.0px; white-space: nowrap; text-align: center; padding-left: 0.0px" valign="bottom">
          <b>CONSOLIDATED STATEMENTS OF INCOME (LOSS)</b>
        </td>
      </tr>
      <tr>
        <td colspan="11" style="padding-right: 0.0px; white-space: nowrap; text-align: center; padding-left: 0.0px" valign="bottom">
          <b>(Unaudited)</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>

        </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>

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

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

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

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

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

        </td>
        <td>

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

        </td>
        <td colspan="5" style="padding-right: 0.0px; border-bottom-color: black; white-space: nowrap; border-bottom-style: solid; text-align: center; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          <b>September 30,</b>
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2" style="padding-right: 0.0px; border-bottom-color: black; white-space: nowrap; border-bottom-style: solid; text-align: center; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          <b>2018</b>
        </td>
        <td>

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

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

        </td>
        <td colspan="5" style="padding-right: 0.0px; white-space: nowrap; text-align: center; padding-left: 0.0px" valign="bottom">
          <b>(in thousands, except per</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>

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

        </td>
        <td colspan="5" style="padding-right: 0.0px; white-space: nowrap; text-align: center; padding-left: 0.0px" valign="bottom">
          <b>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 style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          284,190
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          293,143
        </td>
        <td>

        </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>

        </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">
          Cost of Educational Services
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          148,653
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          173,176
        </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>

        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          98,497
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          88,944
        </td>
        <td>

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

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

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; border-bottom-color: black; white-space: nowrap; border-bottom-style: solid; text-align: right; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          39,548
        </td>
        <td style="border-bottom-color: black; border-bottom-style: solid; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; border-bottom-color: black; white-space: nowrap; border-bottom-style: solid; text-align: right; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          1,137
        </td>
        <td style="border-bottom-color: black; border-bottom-style: solid; border-bottom-width: 1.0pt">
          &#160;
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

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

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; border-bottom-color: black; white-space: nowrap; border-bottom-style: solid; text-align: right; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          286,698
        </td>
        <td style="border-bottom-color: black; border-bottom-style: solid; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; border-bottom-color: black; white-space: nowrap; border-bottom-style: solid; text-align: right; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          263,257
        </td>
        <td style="border-bottom-color: black; border-bottom-style: solid; border-bottom-width: 1.0pt">
          &#160;
        </td>
      </tr>
      <tr>
        <td colspan="4" style="text-align: left; padding-left: 0.0px; padding-bottom: 2.0px" valign="bottom">
          <b>Operating (Loss) Income from Continuing Operations</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; border-bottom-color: black; white-space: nowrap; border-bottom-style: solid; text-align: right; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          (2,508
        </td>
        <td style="padding-right: 0.0px; border-bottom-color: black; white-space: nowrap; border-bottom-style: solid; text-align: left; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; border-bottom-color: black; white-space: nowrap; border-bottom-style: solid; text-align: right; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          29,886
        </td>
        <td style="border-bottom-color: black; border-bottom-style: solid; 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>

        </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">
          Interest Income
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          1,945
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          2,118
        </td>
        <td>

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

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

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; border-bottom-color: black; white-space: nowrap; border-bottom-style: solid; text-align: right; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          (6,202
        </td>
        <td style="padding-right: 0.0px; border-bottom-color: black; white-space: nowrap; border-bottom-style: solid; text-align: left; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; border-bottom-color: black; white-space: nowrap; border-bottom-style: solid; text-align: right; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          (1,916
        </td>
        <td style="padding-right: 0.0px; border-bottom-color: black; white-space: nowrap; border-bottom-style: solid; text-align: left; 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-left: 0.0px; padding-bottom: 2.0px" valign="bottom">
          Net Interest (Expense) Income
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; border-bottom-color: black; white-space: nowrap; border-bottom-style: solid; text-align: right; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          (4,257
        </td>
        <td style="padding-right: 0.0px; border-bottom-color: black; white-space: nowrap; border-bottom-style: solid; text-align: left; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; border-bottom-color: black; white-space: nowrap; border-bottom-style: solid; text-align: right; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          202
        </td>
        <td style="border-bottom-color: black; border-bottom-style: solid; border-bottom-width: 1.0pt">
          &#160;
        </td>
      </tr>
      <tr>
        <td colspan="4" style="text-align: left; padding-left: 0.0px" valign="bottom">
          <b>(Loss) Income from Continuing Operations Before Income Taxes</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          (6,765
        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: left; padding-left: 0.0px" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          30,088
        </td>
        <td>

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

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          1,887
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          (4,475
        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: left; padding-left: 0.0px" valign="bottom">
          )
        </td>
      </tr>
      <tr>
        <td colspan="4" style="text-align: left; padding-left: 0.0px; padding-bottom: 2.0px" valign="bottom">
          <b>Equity Method Investment Loss</b>
        </td>
        <td>

        </td>
        <td>

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

        </td>
        <td style="padding-right: 0.0px; border-bottom-color: black; white-space: nowrap; border-bottom-style: solid; text-align: right; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          (44
        </td>
        <td style="padding-right: 0.0px; border-bottom-color: black; white-space: nowrap; border-bottom-style: solid; text-align: left; 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; padding-bottom: 2.0px" valign="bottom">
          <b>(Loss) Income from Continuing Operations</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; border-bottom-color: black; white-space: nowrap; border-bottom-style: solid; text-align: right; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          (4,878
        </td>
        <td style="padding-right: 0.0px; border-bottom-color: black; white-space: nowrap; border-bottom-style: solid; text-align: left; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; border-bottom-color: black; white-space: nowrap; border-bottom-style: solid; text-align: right; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          25,569
        </td>
        <td style="border-bottom-color: black; border-bottom-style: solid; 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>

        </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">
          <b>Loss from Discontinued Operations Before Income Taxes</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          (6,135
        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: left; padding-left: 0.0px" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          (15,449
        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: left; padding-left: 0.0px" valign="bottom">
          )
        </td>
      </tr>
      <tr>
        <td>

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

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; border-bottom-color: black; white-space: nowrap; border-bottom-style: solid; text-align: right; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          1,428
        </td>
        <td style="border-bottom-color: black; border-bottom-style: solid; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; border-bottom-color: black; white-space: nowrap; border-bottom-style: solid; text-align: right; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          2,796
        </td>
        <td style="border-bottom-color: black; border-bottom-style: solid; border-bottom-width: 1.0pt">
          &#160;
        </td>
      </tr>
      <tr>
        <td>

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

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; border-bottom-color: black; white-space: nowrap; border-bottom-style: solid; text-align: right; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          (4,707
        </td>
        <td style="padding-right: 0.0px; border-bottom-color: black; white-space: nowrap; border-bottom-style: solid; text-align: left; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; border-bottom-color: black; white-space: nowrap; border-bottom-style: solid; text-align: right; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          (12,653
        </td>
        <td style="padding-right: 0.0px; border-bottom-color: black; white-space: nowrap; border-bottom-style: solid; text-align: left; 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</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          (9,585
        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: left; padding-left: 0.0px" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          12,916
        </td>
        <td>

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

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

        </td>
        <td>

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

        </td>
        <td style="padding-right: 0.0px; border-bottom-color: black; white-space: nowrap; border-bottom-style: solid; text-align: right; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          (131
        </td>
        <td style="padding-right: 0.0px; border-bottom-color: black; white-space: nowrap; border-bottom-style: solid; text-align: left; 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; padding-bottom: 4.0px" valign="bottom">
          <b>NET (LOSS) INCOME ATTRIBUTABLE TO ADTALEM GLOBAL EDUCATION</b>
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px; padding-bottom: 4.0px" valign="bottom">
          $
        </td>
        <td style="padding-right: 0.0px; border-bottom-color: black; white-space: nowrap; border-bottom-style: double; text-align: right; border-bottom-width: 2.25pt; padding-left: 0.0px" valign="bottom">
          (9,530
        </td>
        <td style="padding-right: 0.0px; border-bottom-color: black; white-space: nowrap; border-bottom-style: double; text-align: left; border-bottom-width: 2.25pt; padding-left: 0.0px" valign="bottom">
          )
        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px; padding-bottom: 4.0px" valign="bottom">
          $
        </td>
        <td style="padding-right: 0.0px; border-bottom-color: black; white-space: nowrap; border-bottom-style: double; text-align: right; border-bottom-width: 2.25pt; padding-left: 0.0px" valign="bottom">
          12,785
        </td>
        <td style="border-bottom-color: black; border-bottom-style: double; 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 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 EDUCATION:</b>
        </td>
        <td>

        </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">
          (Loss) Income from Continuing Operations
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          (4,823
        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: left; padding-left: 0.0px" valign="bottom">
          )
        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          25,438
        </td>
        <td>

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

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

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; border-bottom-color: black; white-space: nowrap; border-bottom-style: solid; text-align: right; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          (4,707
        </td>
        <td style="padding-right: 0.0px; border-bottom-color: black; white-space: nowrap; border-bottom-style: solid; text-align: left; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; border-bottom-color: black; white-space: nowrap; border-bottom-style: solid; text-align: right; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          (12,653
        </td>
        <td style="padding-right: 0.0px; border-bottom-color: black; white-space: nowrap; border-bottom-style: solid; text-align: left; 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; padding-bottom: 4.0px" valign="bottom">
          <b>NET (LOSS) INCOME ATTRIBUTABLE TO ADTALEM GLOBAL EDUCATION</b>
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px; padding-bottom: 4.0px" valign="bottom">
          $
        </td>
        <td style="padding-right: 0.0px; border-bottom-color: black; white-space: nowrap; border-bottom-style: double; text-align: right; border-bottom-width: 2.25pt; padding-left: 0.0px" valign="bottom">
          (9,530
        </td>
        <td style="padding-right: 0.0px; border-bottom-color: black; white-space: nowrap; border-bottom-style: double; text-align: left; border-bottom-width: 2.25pt; padding-left: 0.0px" valign="bottom">
          )
        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px; padding-bottom: 4.0px" valign="bottom">
          $
        </td>
        <td style="padding-right: 0.0px; border-bottom-color: black; white-space: nowrap; border-bottom-style: double; text-align: right; border-bottom-width: 2.25pt; padding-left: 0.0px" valign="bottom">
          12,785
        </td>
        <td style="border-bottom-color: black; border-bottom-style: double; 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 colspan="2">
          &#160;
        </td>
      </tr>
      <tr>
        <td colspan="4" style="text-align: left; padding-left: 0.0px" valign="bottom">
          <b>EARNINGS (LOSS) PER COMMON SHARE ATTRIBUTABLE TO</b>
        </td>
        <td>

        </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">
          <b>ADTALEM GLOBAL EDUCATION SHAREHOLDERS:</b>
        </td>
        <td>

        </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">
          <b>Basic:</b>
        </td>
        <td>

        </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">
          Continuing Operations
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          (0.08
        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: left; padding-left: 0.0px" valign="bottom">
          )
        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          0.41
        </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>

        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          (0.08
        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: left; padding-left: 0.0px" valign="bottom">
          )
        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          (0.20
        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: left; 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">
          Total
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          (0.16
        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: left; padding-left: 0.0px" valign="bottom">
          )
        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          0.20
        </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>

        </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">
          Continuing Operations
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          (0.08
        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: left; padding-left: 0.0px" valign="bottom">
          )
        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          0.40
        </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>

        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          (0.08
        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: left; padding-left: 0.0px" valign="bottom">
          )
        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          (0.20
        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: left; 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">
          Total
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          (0.16
        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: left; padding-left: 0.0px" valign="bottom">
          )
        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          0.20
        </td>
        <td>

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

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

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

        </td>
        <td>

        </td>
        <td colspan="2">
          &#160;
        </td>
      </tr>
    </table>
    </div>
    <div style="margin-right: 0pt; width: 100%; text-indent: 0pt; margin-left: 0pt; margin-bottom: 10pt">
      <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 style="font-family: Times New Roman; font-size: 8pt; width: 100%; margin-bottom: 10.0px" cellspacing="0">
      <tr>
        <td colspan="11">
          &#160;
        </td>
      </tr>
      <tr>
        <td colspan="11" style="text-align: center; padding-left: 0.0px" valign="bottom">
          <b>ADTALEM GLOBAL EDUCATION INC.</b>
        </td>
      </tr>
      <tr>
        <td colspan="11" style="text-align: center; padding-left: 0.0px" valign="bottom">
          <b>CONSOLIDATED STATEMENTS OF CASH FLOWS</b>
        </td>
      </tr>
      <tr>
        <td colspan="11" style="text-align: center; padding-left: 0.0px" valign="bottom">
          <b>(Unaudited)</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>

        </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="top">

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

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

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

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

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

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

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

        </td>
        <td colspan="5" style="padding-right: 0.0px; border-bottom-color: black; white-space: nowrap; border-bottom-style: solid; text-align: center; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          <b>September 30,</b>
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2" style="padding-right: 0.0px; border-bottom-color: black; white-space: nowrap; border-bottom-style: solid; text-align: center; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          <b>2018</b>
        </td>
        <td>

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

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="5" style="padding-right: 0.0px; white-space: nowrap; text-align: center; 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>

        </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>

        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          (9,585
        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: left; padding-left: 0.0px" valign="bottom">
          )
        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          12,916
        </td>
        <td>

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

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

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          4,707
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          12,653
        </td>
        <td>

        </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>

        </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>

        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          4,137
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          4,985
        </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>

        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          10,042
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          11,178
        </td>
        <td>

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

        </td>
        <td>

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

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          2,110
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          2,497
        </td>
        <td>

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

        </td>
        <td>

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

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          392
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          176
        </td>
        <td>

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

        </td>
        <td>

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

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          2,982
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          4,536
        </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>

        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          7,915
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          1,491
        </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>

        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          39,205
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          10,552
        </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>

        </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>

        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          (26,314
        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: left; padding-left: 0.0px" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          (3,900
        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: left; 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>

        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          (26,153
        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: left; padding-left: 0.0px" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          (16,781
        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: left; 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>

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

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          4,248
        </td>
        <td>

        </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>

        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          (15,153
        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: left; padding-left: 0.0px" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          (30,877
        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: left; padding-left: 0.0px" valign="bottom">
          )
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

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

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; border-bottom-color: black; white-space: nowrap; border-bottom-style: solid; text-align: right; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          78,622
        </td>
        <td style="border-bottom-color: black; border-bottom-style: solid; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; border-bottom-color: black; white-space: nowrap; border-bottom-style: solid; text-align: right; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          67,653
        </td>
        <td style="border-bottom-color: black; border-bottom-style: solid; 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>

        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          73,687
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          81,327
        </td>
        <td>

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

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

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; border-bottom-color: black; white-space: nowrap; border-bottom-style: solid; text-align: right; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          4,327
        </td>
        <td style="border-bottom-color: black; border-bottom-style: solid; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; border-bottom-color: black; white-space: nowrap; border-bottom-style: solid; text-align: right; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          9,010
        </td>
        <td style="border-bottom-color: black; border-bottom-style: solid; border-bottom-width: 1.0pt">
          &#160;
        </td>
      </tr>
      <tr>
        <td>

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

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; border-bottom-color: black; white-space: nowrap; border-bottom-style: solid; text-align: right; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          78,014
        </td>
        <td style="border-bottom-color: black; border-bottom-style: solid; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; border-bottom-color: black; white-space: nowrap; border-bottom-style: solid; text-align: right; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          90,337
        </td>
        <td style="border-bottom-color: black; border-bottom-style: solid; 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>

        </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>

        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          (15,150
        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: left; padding-left: 0.0px" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          (11,773
        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: left; padding-left: 0.0px" valign="bottom">
          )
        </td>
      </tr>
      <tr>
        <td>

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

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; border-bottom-color: black; white-space: nowrap; border-bottom-style: solid; text-align: right; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          (4,152
        </td>
        <td style="padding-right: 0.0px; border-bottom-color: black; white-space: nowrap; border-bottom-style: solid; text-align: left; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          )
        </td>
        <td>

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

        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          (19,302
        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: left; padding-left: 0.0px" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          (11,786
        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: left; padding-left: 0.0px" valign="bottom">
          )
        </td>
      </tr>
      <tr>
        <td>

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

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; border-bottom-color: black; white-space: nowrap; border-bottom-style: solid; text-align: right; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          (1,117
        </td>
        <td style="padding-right: 0.0px; border-bottom-color: black; white-space: nowrap; border-bottom-style: solid; text-align: left; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; border-bottom-color: black; white-space: nowrap; border-bottom-style: solid; text-align: right; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          (2,122
        </td>
        <td style="padding-right: 0.0px; border-bottom-color: black; white-space: nowrap; border-bottom-style: solid; text-align: left; 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; padding-bottom: 2.0px" valign="bottom">
          <b>NET CASH USED IN INVESTING ACTIVITIES</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; border-bottom-color: black; white-space: nowrap; border-bottom-style: solid; text-align: right; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          (20,419
        </td>
        <td style="padding-right: 0.0px; border-bottom-color: black; white-space: nowrap; border-bottom-style: solid; text-align: left; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; border-bottom-color: black; white-space: nowrap; border-bottom-style: solid; text-align: right; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          (13,908
        </td>
        <td style="padding-right: 0.0px; border-bottom-color: black; white-space: nowrap; border-bottom-style: solid; text-align: left; 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>

        </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>

        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          10,492
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          1,884
        </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>

        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          (5,188
        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: left; padding-left: 0.0px" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          (3,486
        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: left; 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>

        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          159
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          195
        </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>

        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          (59,175
        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: left; padding-left: 0.0px" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          (50,375
        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: left; 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>

        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          (470
        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: left; padding-left: 0.0px" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          (6,315
        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: left; 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 Credit Facility
        </td>
        <td>

        </td>
        <td>

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

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          76,000
        </td>
        <td>

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

        </td>
        <td colspan="3" style="text-align: left; padding-left: 0.0px; padding-bottom: 2.0px" valign="bottom">
          Repayments Under Credit Facility
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; border-bottom-color: black; white-space: nowrap; border-bottom-style: solid; text-align: right; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          (750
        </td>
        <td style="padding-right: 0.0px; border-bottom-color: black; white-space: nowrap; border-bottom-style: solid; text-align: left; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; border-bottom-color: black; white-space: nowrap; border-bottom-style: solid; text-align: right; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          (66,000
        </td>
        <td style="padding-right: 0.0px; border-bottom-color: black; white-space: nowrap; border-bottom-style: solid; text-align: left; 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; padding-bottom: 2.0px" valign="bottom">
          <b>NET CASH USED IN FINANCING ACTIVITIES</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; border-bottom-color: black; white-space: nowrap; border-bottom-style: solid; text-align: right; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          (54,932
        </td>
        <td style="padding-right: 0.0px; border-bottom-color: black; white-space: nowrap; border-bottom-style: solid; text-align: left; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; border-bottom-color: black; white-space: nowrap; border-bottom-style: solid; text-align: right; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          (48,097
        </td>
        <td style="padding-right: 0.0px; border-bottom-color: black; white-space: nowrap; border-bottom-style: solid; text-align: left; 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; padding-bottom: 2.0px" valign="bottom">
          Effects of Exchange Rate Differences
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; border-bottom-color: black; white-space: nowrap; border-bottom-style: solid; text-align: right; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          (1,579
        </td>
        <td style="padding-right: 0.0px; border-bottom-color: black; white-space: nowrap; border-bottom-style: solid; text-align: left; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; border-bottom-color: black; white-space: nowrap; border-bottom-style: solid; text-align: right; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          1,765
        </td>
        <td style="border-bottom-color: black; border-bottom-style: solid; border-bottom-width: 1.0pt">
          &#160;
        </td>
      </tr>
      <tr>
        <td colspan="4" style="text-align: left; padding-left: 0.0px" valign="bottom">
          <b>NET INCREASE IN CASH, CASH EQUIVALENTS AND RESTRICTED CASH</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          1,084
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          30,097
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td colspan="4" style="text-align: left; padding-left: 0.0px; padding-bottom: 2.0px" valign="bottom">
          Cash, Cash Equivalents and Restricted Cash at Beginning of Period
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; border-bottom-color: black; white-space: nowrap; border-bottom-style: solid; text-align: right; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          444,405
        </td>
        <td style="border-bottom-color: black; border-bottom-style: solid; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; border-bottom-color: black; white-space: nowrap; border-bottom-style: solid; text-align: right; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          251,096
        </td>
        <td style="border-bottom-color: black; border-bottom-style: solid; 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>

        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          445,489
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          281,193
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td colspan="4" style="text-align: left; padding-left: 0.0px; padding-bottom: 2.0px" valign="bottom">
          Cash, Cash Equivalents and Restricted Cash of Discontinued
          Operations at End of Period
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; border-bottom-color: black; white-space: nowrap; border-bottom-style: solid; text-align: right; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          35,847
        </td>
        <td style="border-bottom-color: black; border-bottom-style: solid; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; border-bottom-color: black; white-space: nowrap; border-bottom-style: solid; text-align: right; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          6,973
        </td>
        <td style="border-bottom-color: black; border-bottom-style: solid; border-bottom-width: 1.0pt">
          &#160;
        </td>
      </tr>
      <tr>
        <td colspan="4" style="text-align: left; padding-left: 0.0px; padding-bottom: 4.0px" valign="bottom">
          <b>Cash, Cash Equivalents and Restricted Cash at End of Period</b>
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px; padding-bottom: 4.0px" valign="bottom">
          $
        </td>
        <td style="padding-right: 0.0px; border-bottom-color: black; white-space: nowrap; border-bottom-style: double; text-align: right; border-bottom-width: 2.25pt; padding-left: 0.0px" valign="bottom">
          409,642
        </td>
        <td style="border-bottom-color: black; border-bottom-style: double; border-bottom-width: 2.25pt">
          &#160;
        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px; padding-bottom: 4.0px" valign="bottom">
          $
        </td>
        <td style="padding-right: 0.0px; border-bottom-color: black; white-space: nowrap; border-bottom-style: double; text-align: right; border-bottom-width: 2.25pt; padding-left: 0.0px" valign="bottom">
          274,220
        </td>
        <td style="border-bottom-color: black; border-bottom-style: double; border-bottom-width: 2.25pt">
          &#160;
        </td>
      </tr>
      <tr>
        <td colspan="4">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>
          &#160;
        </td>
      </tr>
    </table>
    </div>
    <div style="margin-right: 0pt; width: 100%; text-indent: 0pt; margin-left: 0pt; margin-bottom: 10pt">
      <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 style="font-family: Times New Roman; font-size: 8pt; width: 100%; margin-bottom: 10.0px" cellspacing="0">
      <tr>
        <td colspan="15">
          &#160;
        </td>
      </tr>
      <tr>
        <td colspan="15" style="padding-right: 0.0px; white-space: nowrap; text-align: center; padding-left: 0.0px" valign="bottom">
          <b>ADTALEM GLOBAL EDUCATION INC.</b>
        </td>
      </tr>
      <tr>
        <td colspan="15" style="padding-right: 0.0px; white-space: nowrap; text-align: center; padding-left: 0.0px" valign="bottom">
          <b>SEGMENT INFORMATION</b>
        </td>
      </tr>
      <tr>
        <td colspan="15" style="padding-right: 0.0px; white-space: nowrap; text-align: center; padding-left: 0.0px" valign="bottom">
          <b>(Unaudited)</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>

        </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="8" style="padding-right: 0.0px; white-space: nowrap; text-align: center; padding-left: 0.0px" valign="bottom">
          <b>Three Months Ended</b>
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px; padding-bottom: 2.0px" valign="bottom">

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

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

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

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

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

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

        </td>
        <td colspan="8" style="padding-right: 0.0px; border-bottom-color: black; white-space: nowrap; border-bottom-style: solid; text-align: center; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          <b>September 30,</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="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="padding-right: 0.0px; white-space: nowrap; text-align: center; padding-left: 0.0px" valign="bottom">
          <b>Increase</b>
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px; padding-bottom: 2.0px" valign="bottom">

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

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

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

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

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

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

        </td>
        <td colspan="2" style="padding-right: 0.0px; border-bottom-color: black; white-space: nowrap; border-bottom-style: solid; text-align: center; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          <b>2018</b>
        </td>
        <td style="text-align: center; padding-left: 0.0px; padding-bottom: 2.0px" valign="bottom">

        </td>
        <td colspan="2" style="padding-right: 0.0px; border-bottom-color: black; white-space: nowrap; border-bottom-style: solid; text-align: center; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          <b>2017</b>
        </td>
        <td style="text-align: center; padding-left: 0.0px; padding-bottom: 2.0px" valign="bottom">

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

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="8" style="padding-right: 0.0px; white-space: nowrap; text-align: center; padding-left: 0.0px" valign="bottom">
          <b>(in thousands)</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="2">

        </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-left: 0.0px" valign="bottom">
          Medical and Healthcare
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          202,100
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          191,285
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          5.7
        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: left; 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="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          35,646
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          40,042
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          (11.0
        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: left; 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="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          47,251
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          62,439
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          (24.3
        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: left; padding-left: 0.0px" valign="bottom">
          )%
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td colspan="4" style="text-align: left; padding-left: 0.0px; padding-bottom: 2.0px" valign="bottom">
          Home Office and Other
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; border-bottom-color: black; white-space: nowrap; border-bottom-style: solid; text-align: right; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          (807
        </td>
        <td style="padding-right: 0.0px; border-bottom-color: black; white-space: nowrap; border-bottom-style: solid; text-align: left; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; border-bottom-color: black; white-space: nowrap; border-bottom-style: solid; text-align: right; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          (623
        </td>
        <td style="padding-right: 0.0px; border-bottom-color: black; white-space: nowrap; border-bottom-style: solid; text-align: left; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px; padding-bottom: 2.0px" valign="bottom">
          NM
        </td>
        <td>

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

        </td>
        <td>

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

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; border-bottom-color: black; white-space: nowrap; border-bottom-style: solid; text-align: right; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          284,190
        </td>
        <td style="border-bottom-color: black; border-bottom-style: solid; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; border-bottom-color: black; white-space: nowrap; border-bottom-style: solid; text-align: right; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          293,143
        </td>
        <td style="border-bottom-color: black; border-bottom-style: solid; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px; padding-bottom: 2.0px" valign="bottom">
          (3.1
        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: left; padding-left: 0.0px; padding-bottom: 2.0px" 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 colspan="2">

        </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="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          1,656
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          26,232
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          (93.7
        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: left; 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="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          4,750
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          10,507
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          (54.8
        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: left; 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="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          (2,745
        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: left; padding-left: 0.0px" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          1,861
        </td>
        <td>

        </td>
        <td>

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

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

        </td>
        <td colspan="4" style="text-align: left; padding-left: 0.0px; padding-bottom: 2.0px" valign="bottom">
          Home Office and Other
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; border-bottom-color: black; white-space: nowrap; border-bottom-style: solid; text-align: right; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          (6,169
        </td>
        <td style="padding-right: 0.0px; border-bottom-color: black; white-space: nowrap; border-bottom-style: solid; text-align: left; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; border-bottom-color: black; white-space: nowrap; border-bottom-style: solid; text-align: right; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          (8,714
        </td>
        <td style="padding-right: 0.0px; border-bottom-color: black; white-space: nowrap; border-bottom-style: solid; text-align: left; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px; padding-bottom: 2.0px" valign="bottom">
          NM
        </td>
        <td>

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

        </td>
        <td colspan="4" style="text-align: left; padding-left: 0.0px; padding-bottom: 2.0px" valign="bottom">
          Total Consolidated Operating (Loss) Income
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px; padding-bottom: 2.0px" valign="bottom">
          $
        </td>
        <td style="padding-right: 0.0px; border-bottom-color: black; white-space: nowrap; border-bottom-style: solid; text-align: right; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          (2,508
        </td>
        <td style="padding-right: 0.0px; border-bottom-color: black; white-space: nowrap; border-bottom-style: solid; text-align: left; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          )
        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px; padding-bottom: 2.0px" valign="bottom">
          $
        </td>
        <td style="padding-right: 0.0px; border-bottom-color: black; white-space: nowrap; border-bottom-style: solid; text-align: right; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          29,886
        </td>
        <td style="border-bottom-color: black; border-bottom-style: solid; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px; padding-bottom: 2.0px" valign="bottom">
          NM
        </td>
        <td>

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

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

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

        </td>
        <td>

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

        </td>
        <td>

        </td>
        <td colspan="2">
          &#160;
        </td>
      </tr>
      <tr>
        <td colspan="15" style="text-align: center; padding-left: 0.0px" valign="bottom">
          <b>NON-GAAP SEGMENT INFORMATION</b>
        </td>
      </tr>
      <tr>
        <td colspan="15" style="padding-left: 0.0px" valign="bottom">
          In accordance with U.S. Generally Accepted Accounting Principles
          (&quot;GAAP&quot;), the operating results of DeVry University and Carrington
          College (&quot;Carrington&quot;) are reclassified as discontinued operations
          for the first quarter of fiscal year 2019 and 2018. During the first
          quarter of fiscal year 2019, Adtalem recorded special items related
          to the following: (i) Restructuring charges related to the closing
          of the Ross University School of Medicine (&quot;RUSM&quot;), which is part of
          the Medical and Healthcare segment, campus in Dominica; (ii) loss on
          sale charges at Adtalem Brazil, which is part of the Technology and
          Business segment, related to the disposition of the Joao Pessoa
          institution (presented as restructuring expense); and (iii) real
          estate consolidations at Adtalem's home office (not related to any
          segment). During the first quarter of fiscal year 2018, Adtalem
          recorded special items related to the following: (i) Restructuring
          charges primarily related to workforce reductions at Adtalem's home
          office in order to align its cost structure with operating changes.
          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 adjusted
          operating income, adjusted net income and adjusted earnings per
          share 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 and
          restructuring charges. 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):
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

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

        </td>
        <td>

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

        </td>
        <td>

        </td>
        <td colspan="2">
          &#160;
        </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="8" style="padding-right: 0.0px; white-space: nowrap; text-align: center; padding-left: 0.0px" valign="bottom">
          <b>Three Months Ended</b>
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px; padding-bottom: 2.0px" valign="bottom">

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

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

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

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

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

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

        </td>
        <td colspan="8" style="padding-right: 0.0px; border-bottom-color: black; white-space: nowrap; border-bottom-style: solid; text-align: center; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          <b>September 30,</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="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-left: 0.0px; padding-bottom: 2.0px" valign="bottom">

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

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

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

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

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

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

        </td>
        <td colspan="2" style="padding-right: 0.0px; border-bottom-color: black; white-space: nowrap; border-bottom-style: solid; text-align: center; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          <b>2018</b>
        </td>
        <td style="text-align: center; padding-left: 0.0px; padding-bottom: 2.0px" valign="bottom">

        </td>
        <td colspan="2" style="padding-right: 0.0px; border-bottom-color: black; white-space: nowrap; border-bottom-style: solid; text-align: center; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          <b>2017</b>
        </td>
        <td style="text-align: center; padding-left: 0.0px; padding-bottom: 2.0px" valign="bottom">

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

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

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

        </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">
          Medical and Healthcare Operating Income
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          1,656
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          26,232
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          (93.7
        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: left; padding-left: 0.0px" valign="bottom">
          )%
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td colspan="4" style="text-align: left; padding-left: 0.0px; padding-bottom: 2.0px" valign="bottom">
          Restructuring Expense
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; border-bottom-color: black; white-space: nowrap; border-bottom-style: solid; text-align: right; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          39,015
        </td>
        <td style="border-bottom-color: black; border-bottom-style: solid; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; border-bottom-color: black; white-space: nowrap; border-bottom-style: solid; text-align: right; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          112
        </td>
        <td style="border-bottom-color: black; border-bottom-style: solid; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px; padding-bottom: 2.0px" valign="bottom">
          NM
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td colspan="5" style="text-align: left; padding-left: 0.0px; padding-bottom: 2.0px" valign="bottom">
          Medical and Healthcare Operating Income Excluding Special Items
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px; padding-bottom: 2.0px" valign="bottom">
          $
        </td>
        <td style="padding-right: 0.0px; border-bottom-color: black; white-space: nowrap; border-bottom-style: solid; text-align: right; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          40,671
        </td>
        <td style="border-bottom-color: black; border-bottom-style: solid; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px; padding-bottom: 2.0px" valign="bottom">
          $
        </td>
        <td style="padding-right: 0.0px; border-bottom-color: black; white-space: nowrap; border-bottom-style: solid; text-align: right; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          26,344
        </td>
        <td style="border-bottom-color: black; border-bottom-style: solid; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px; padding-bottom: 2.0px" valign="bottom">
          54.4
        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: left; padding-left: 0.0px; padding-bottom: 2.0px" 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 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">
          Technology and Business Operating (Loss) Income
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          (2,745
        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: left; padding-left: 0.0px" valign="bottom">
          )
        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          1,861
        </td>
        <td>

        </td>
        <td>

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

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

        </td>
        <td colspan="4" style="text-align: left; padding-left: 0.0px; padding-bottom: 2.0px" valign="bottom">
          Restructuring Expense
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; border-bottom-color: black; white-space: nowrap; border-bottom-style: solid; text-align: right; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          75
        </td>
        <td style="border-bottom-color: black; border-bottom-style: solid; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td>

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

        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px; padding-bottom: 2.0px" valign="bottom">
          NM
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td colspan="5" style="text-align: left; padding-left: 0.0px; padding-bottom: 2.0px" valign="bottom">
          Technology and Business Operating (Loss) Income Excluding Special
          Items
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px; padding-bottom: 2.0px" valign="bottom">
          $
        </td>
        <td style="padding-right: 0.0px; border-bottom-color: black; white-space: nowrap; border-bottom-style: solid; text-align: right; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          (2,670
        </td>
        <td style="padding-right: 0.0px; border-bottom-color: black; white-space: nowrap; border-bottom-style: solid; text-align: left; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          )
        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px; padding-bottom: 2.0px" valign="bottom">
          $
        </td>
        <td style="padding-right: 0.0px; border-bottom-color: black; white-space: nowrap; border-bottom-style: solid; text-align: right; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          1,861
        </td>
        <td style="border-bottom-color: black; border-bottom-style: solid; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px; padding-bottom: 2.0px" valign="bottom">
          NM
        </td>
        <td>

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

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

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

        </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="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          (6,169
        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: left; padding-left: 0.0px" valign="bottom">
          )
        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          (8,714
        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: left; padding-left: 0.0px" valign="bottom">
          )
        </td>
        <td>

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

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

        </td>
        <td colspan="4" style="text-align: left; padding-left: 0.0px; padding-bottom: 2.0px" valign="bottom">
          Restructuring Expense
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; border-bottom-color: black; white-space: nowrap; border-bottom-style: solid; text-align: right; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          458
        </td>
        <td style="border-bottom-color: black; border-bottom-style: solid; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; border-bottom-color: black; white-space: nowrap; border-bottom-style: solid; text-align: right; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          1,025
        </td>
        <td style="border-bottom-color: black; border-bottom-style: solid; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px; padding-bottom: 2.0px" valign="bottom">
          NM
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td colspan="5" style="text-align: left; padding-left: 0.0px; padding-bottom: 2.0px" valign="bottom">
          Home Office and Other Operating Loss Excluding Special Items
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px; padding-bottom: 2.0px" valign="bottom">
          $
        </td>
        <td style="padding-right: 0.0px; border-bottom-color: black; white-space: nowrap; border-bottom-style: solid; text-align: right; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          (5,711
        </td>
        <td style="padding-right: 0.0px; border-bottom-color: black; white-space: nowrap; border-bottom-style: solid; text-align: left; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          )
        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px; padding-bottom: 2.0px" valign="bottom">
          $
        </td>
        <td style="padding-right: 0.0px; border-bottom-color: black; white-space: nowrap; border-bottom-style: solid; text-align: right; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          (7,689
        </td>
        <td style="padding-right: 0.0px; border-bottom-color: black; white-space: nowrap; border-bottom-style: solid; text-align: left; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px; padding-bottom: 2.0px" valign="bottom">
          NM
        </td>
        <td>

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

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

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

        </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">
          Adtalem Global Education Operating (Loss) Income
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          (2,508
        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: left; padding-left: 0.0px" valign="bottom">
          )
        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          29,886
        </td>
        <td>

        </td>
        <td>

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

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

        </td>
        <td colspan="4" style="text-align: left; padding-left: 0.0px; padding-bottom: 2.0px" valign="bottom">
          Restructuring Expense
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; border-bottom-color: black; white-space: nowrap; border-bottom-style: solid; text-align: right; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          39,548
        </td>
        <td style="border-bottom-color: black; border-bottom-style: solid; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; border-bottom-color: black; white-space: nowrap; border-bottom-style: solid; text-align: right; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          1,137
        </td>
        <td style="border-bottom-color: black; border-bottom-style: solid; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px; padding-bottom: 2.0px" valign="bottom">
          NM
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td colspan="5" style="text-align: left; padding-left: 0.0px; padding-bottom: 2.0px" valign="bottom">
          Adtalem Global Education Operating Income Excluding Special Items
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px; padding-bottom: 2.0px" valign="bottom">
          $
        </td>
        <td style="padding-right: 0.0px; border-bottom-color: black; white-space: nowrap; border-bottom-style: solid; text-align: right; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          37,040
        </td>
        <td style="border-bottom-color: black; border-bottom-style: solid; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px; padding-bottom: 2.0px" valign="bottom">
          $
        </td>
        <td style="padding-right: 0.0px; border-bottom-color: black; white-space: nowrap; border-bottom-style: solid; text-align: right; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          31,023
        </td>
        <td style="border-bottom-color: black; border-bottom-style: solid; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px; padding-bottom: 2.0px" valign="bottom">
          19.4
        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: left; padding-left: 0.0px; padding-bottom: 2.0px" valign="bottom">
          %
        </td>
      </tr>
      <tr>
        <td colspan="5">

        </td>
        <td>

        </td>
        <td>

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

        </td>
        <td>

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

        </td>
        <td>

        </td>
        <td colspan="2">
          &#160;
        </td>
      </tr>
    </table>
    </div>
    <div style="margin-right: 0pt; width: 100%; text-indent: 0pt; margin-left: 0pt; margin-bottom: 10pt">
      <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 style="font-family: Times New Roman; font-size: 8pt; width: 100%; margin-bottom: 10.0px" cellspacing="0">
      <tr>
        <td colspan="10">
          &#160;
        </td>
      </tr>
      <tr>
        <td colspan="10" style="padding-right: 0.0px; white-space: nowrap; text-align: center; padding-left: 0.0px" valign="bottom">
          <b>ADTALEM GLOBAL EDUCATON INC.</b>
        </td>
      </tr>
      <tr>
        <td colspan="10" style="padding-right: 0.0px; white-space: nowrap; text-align: center; padding-left: 0.0px" valign="bottom">
          <b>NON-GAAP EARNINGS DISCLOSURE</b>
        </td>
      </tr>
      <tr>
        <td colspan="10" style="padding-right: 0.0px; white-space: nowrap; text-align: center; padding-left: 0.0px" valign="bottom">
          <b>(Unaudited)</b>
        </td>
      </tr>
      <tr>
        <td>
          &#160;
        </td>
        <td>
          &#160;
        </td>
        <td>

        </td>
        <td>
          &#160;
        </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="top">

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

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

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

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

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

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

        </td>
        <td colspan="5" style="padding-right: 0.0px; border-bottom-color: black; white-space: nowrap; border-bottom-style: solid; text-align: center; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          <b>September 30,</b>
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2" style="padding-right: 0.0px; border-bottom-color: black; white-space: nowrap; border-bottom-style: solid; text-align: center; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          <b>2018</b>
        </td>
        <td>

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

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

        </td>
        <td colspan="5" style="padding-right: 0.0px; white-space: nowrap; text-align: center; padding-left: 0.0px" valign="bottom">
          <b>(in thousands, except</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="top">

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

        </td>
        <td colspan="5" style="padding-right: 0.0px; white-space: nowrap; text-align: center; padding-left: 0.0px" valign="bottom">
          <b>per share amounts)</b>
        </td>
      </tr>
      <tr>
        <td colspan="3" style="text-align: left; padding-left: 0.0px" valign="bottom">
          <b>Net (Loss) Income</b>
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          (9,530
        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: left; padding-left: 0.0px" valign="bottom">
          )
        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          12,785
        </td>
        <td>

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

        </td>
        <td colspan="2" style="text-align: left; padding-left: 0.0px" valign="bottom">
          (Loss) Earnings per Share (basic-2018, diluted-2017)
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          (0.16
        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: left; padding-left: 0.0px" valign="bottom">
          )
        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          0.20
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td colspan="3" 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 colspan="2">

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

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

        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          39,548
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          1,137
        </td>
        <td>

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

        </td>
        <td>

        </td>
        <td style="text-align: left; padding-left: 0.0px" valign="bottom">
          Effect on Earnings per Share (diluted)
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          0.65
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          0.02
        </td>
        <td>

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

        </td>
        <td colspan="2" style="text-align: left; padding-left: 0.0px" valign="bottom">
          Income Tax Impact on Non-GAAP Adjustments
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          (7,452
        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: left; padding-left: 0.0px" valign="bottom">
          )
        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          (327
        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: left; padding-left: 0.0px" valign="bottom">
          )
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: left; padding-left: 0.0px" valign="bottom">
          Effect on Earnings per Share (diluted)
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          (0.12
        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: left; padding-left: 0.0px" valign="bottom">
          )
        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          (0.01
        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: left; padding-left: 0.0px" valign="bottom">
          )
        </td>
      </tr>
      <tr>
        <td colspan="3" style="text-align: left; padding-left: 0.0px" valign="bottom">
          <b>Discontinued Operations, net of tax</b>
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          4,707
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          12,653
        </td>
        <td>

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

        </td>
        <td>

        </td>
        <td style="text-align: left; padding-left: 0.0px" valign="bottom">
          Effect on Earnings per Share (diluted)
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          0.08
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          0.20
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td colspan="3" style="text-align: left; padding-left: 0.0px" valign="bottom">
          <b>Net Income from Continuing Operations Excluding Special Items,
          net of tax</b>
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          27,273
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          26,248
        </td>
        <td>

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

        </td>
        <td colspan="2" style="text-align: left; padding-left: 0.0px" valign="bottom">
          Earnings per Share Excluding Special Items (diluted)
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          0.45
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          0.41
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td colspan="3" style="text-align: left; padding-left: 0.0px" valign="bottom">
          Shares used in Basic EPS Calculation
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          60,328
        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2" style="text-align: right; padding-left: 0.0px" valign="bottom">
          NA
        </td>
      </tr>
      <tr>
        <td colspan="3" style="text-align: left; padding-left: 0.0px" valign="bottom">
          Shares used in Diluted EPS Calculation
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          61,202
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          63,432
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td>

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

        </td>
        <td>

        </td>
        <td colspan="2">
          &#160;
        </td>
      </tr>
    </table>
    </div>
    <div style="margin-right: 0pt; width: 100%; text-indent: 0pt; margin-left: 0pt; margin-bottom: 10pt">
      <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 style="font-family: Times New Roman; font-size: 8pt; width: 100%; margin-bottom: 10.0px" cellspacing="0">
      <tr>
        <td colspan="3">

        </td>
        <td>
          &#160;
        </td>
        <td colspan="15">

        </td>
      </tr>
      <tr>
        <td colspan="19" style="padding-right: 0.0px; white-space: nowrap; text-align: center; padding-left: 0.0px" valign="bottom">
          <b>SUPPLEMENTAL RECONCILIATIONS</b>
        </td>
      </tr>
      <tr>
        <td colspan="19" style="padding-right: 0.0px; white-space: nowrap; text-align: center; padding-left: 0.0px" valign="bottom">
          <b>(Unaudited)</b>
        </td>
      </tr>
      <tr>
        <td>
          &#160;
        </td>
        <td>
          &#160;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

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

        </td>
        <td>

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

        </td>
        <td>

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

        </td>
        <td>

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

        </td>
        <td>

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

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

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="14" style="padding-right: 0.0px; white-space: nowrap; text-align: center; padding-left: 0.0px" valign="bottom">
          <b>Three Months Ended September 30, 2018</b>
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="14" style="padding-right: 0.0px; border-bottom-color: black; white-space: nowrap; border-bottom-style: solid; text-align: center; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          <b>(in thousands)</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="top">

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

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

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

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

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

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

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

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

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

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

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

        </td>
        <td colspan="2" style="padding-right: 0.0px; border-bottom-color: black; white-space: nowrap; border-bottom-style: solid; text-align: center; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          <b>Healthcare</b>
        </td>
        <td style="text-align: center; padding-left: 0.0px; padding-bottom: 2.0px" valign="bottom">

        </td>
        <td colspan="2" style="padding-right: 0.0px; border-bottom-color: black; white-space: nowrap; border-bottom-style: solid; text-align: center; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          <b>Education</b>
        </td>
        <td style="text-align: center; padding-left: 0.0px; padding-bottom: 2.0px" valign="bottom">

        </td>
        <td colspan="2" style="padding-right: 0.0px; border-bottom-color: black; white-space: nowrap; border-bottom-style: solid; text-align: center; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          <b>Business</b>
        </td>
        <td style="text-align: center; padding-left: 0.0px; padding-bottom: 2.0px" valign="bottom">

        </td>
        <td colspan="2" style="padding-right: 0.0px; border-bottom-color: black; white-space: nowrap; border-bottom-style: solid; text-align: center; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          <b>and Other</b>
        </td>
        <td style="text-align: center; padding-left: 0.0px; padding-bottom: 2.0px" valign="bottom">

        </td>
        <td colspan="2" style="padding-right: 0.0px; border-bottom-color: black; white-space: nowrap; border-bottom-style: solid; text-align: center; 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">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <u><b>Revenue:</b></u>
          </p>
        </td>
        <td>

        </td>
        <td>

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

        </td>
        <td>

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

        </td>
        <td>

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

        </td>
        <td>

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

        </td>
        <td>

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

        </td>
      </tr>
      <tr>
        <td colspan="3" style="text-align: left; padding-left: 0.0px" valign="bottom">
          Fiscal Year 2018 as Reported
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          191,285
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          40,042
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          62,439
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          (623
        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: left; padding-left: 0.0px" valign="bottom">
          )
        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          293,143
        </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="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          3,471
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          (5,338
        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: left; padding-left: 0.0px" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          (3,223
        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: left; padding-left: 0.0px" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          (184
        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: left; padding-left: 0.0px" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          (5,274
        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: left; 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="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          -
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          942
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          626
        </td>
        <td>

        </td>
        <td>

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

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          1,568
        </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="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          7,344
        </td>
        <td>

        </td>
        <td>

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

        </td>
        <td>

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

        </td>
        <td>

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

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          7,344
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td colspan="3" style="text-align: left; padding-left: 0.0px; padding-bottom: 2.0px" valign="bottom">
          Effect of Currency Change
        </td>
        <td>

        </td>
        <td>

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

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

        </td>
        <td style="padding-right: 0.0px; border-bottom-color: black; white-space: nowrap; border-bottom-style: solid; text-align: right; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          (12,591
        </td>
        <td style="padding-right: 0.0px; border-bottom-color: black; white-space: nowrap; border-bottom-style: solid; text-align: left; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          )
        </td>
        <td>

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

        </td>
        <td style="padding-right: 0.0px; border-bottom-color: black; white-space: nowrap; border-bottom-style: solid; text-align: right; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          (12,591
        </td>
        <td style="padding-right: 0.0px; border-bottom-color: black; white-space: nowrap; border-bottom-style: solid; text-align: left; 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; padding-bottom: 2.0px" valign="bottom">
          Fiscal Year 2019 as Reported
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px; padding-bottom: 2.0px" valign="bottom">
          $
        </td>
        <td style="padding-right: 0.0px; border-bottom-color: black; white-space: nowrap; border-bottom-style: solid; text-align: right; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          202,100
        </td>
        <td style="border-bottom-color: black; border-bottom-style: solid; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px; padding-bottom: 2.0px" valign="bottom">
          $
        </td>
        <td style="padding-right: 0.0px; border-bottom-color: black; white-space: nowrap; border-bottom-style: solid; text-align: right; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          35,646
        </td>
        <td style="border-bottom-color: black; border-bottom-style: solid; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px; padding-bottom: 2.0px" valign="bottom">
          $
        </td>
        <td style="padding-right: 0.0px; border-bottom-color: black; white-space: nowrap; border-bottom-style: solid; text-align: right; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          47,251
        </td>
        <td style="border-bottom-color: black; border-bottom-style: solid; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px; padding-bottom: 2.0px" valign="bottom">
          $
        </td>
        <td style="padding-right: 0.0px; border-bottom-color: black; white-space: nowrap; border-bottom-style: solid; text-align: right; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          (807
        </td>
        <td style="padding-right: 0.0px; border-bottom-color: black; white-space: nowrap; border-bottom-style: solid; text-align: left; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          )
        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px; padding-bottom: 2.0px" valign="bottom">
          $
        </td>
        <td style="padding-right: 0.0px; border-bottom-color: black; white-space: nowrap; border-bottom-style: solid; text-align: right; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          284,190
        </td>
        <td style="border-bottom-color: black; border-bottom-style: solid; 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 colspan="2">

        </td>
        <td>

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

        </td>
        <td>

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

        </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-top: 0px; margin-bottom: 0px">
            <u><b>Fiscal Year 2019 % Change:</b></u>
          </p>
        </td>
        <td>

        </td>
        <td>

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

        </td>
        <td>

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

        </td>
        <td>

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

        </td>
        <td>

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

        </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="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          1.8
        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: left; padding-left: 0.0px" valign="bottom">
          %
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          (13.3
        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: left; padding-left: 0.0px" valign="bottom">
          %)
        </td>
        <td>

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

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

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          (1.8
        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: left; 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="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          -
        </td>
        <td>

        </td>
        <td>

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

        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          1.0
        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: left; padding-left: 0.0px" valign="bottom">
          %
        </td>
        <td>

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

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          0.5
        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: left; padding-left: 0.0px" valign="bottom">
          %
        </td>
      </tr>
      <tr>
        <td colspan="3" style="text-align: left; padding-left: 0.0px; padding-bottom: 2.0px" valign="bottom">
          Hurricane Impact
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; border-bottom-color: black; white-space: nowrap; border-bottom-style: solid; text-align: right; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          3.8
        </td>
        <td style="padding-right: 0.0px; border-bottom-color: black; white-space: nowrap; border-bottom-style: solid; text-align: left; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          %
        </td>
        <td>

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

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

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

        </td>
        <td style="padding-right: 0.0px; border-bottom-color: black; white-space: nowrap; border-bottom-style: solid; text-align: right; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          2.5
        </td>
        <td style="padding-right: 0.0px; border-bottom-color: black; white-space: nowrap; border-bottom-style: solid; text-align: left; 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="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          5.7
        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: left; padding-left: 0.0px" valign="bottom">
          %
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          (11.0
        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: left; padding-left: 0.0px" valign="bottom">
          %)
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          (4.2
        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: left; padding-left: 0.0px" valign="bottom">
          %)
        </td>
        <td>

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

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          1.2
        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: left; padding-left: 0.0px" valign="bottom">
          %
        </td>
      </tr>
      <tr>
        <td colspan="3" style="text-align: left; padding-left: 0.0px; padding-bottom: 2.0px" valign="bottom">
          Effect of Currency Change
        </td>
        <td>

        </td>
        <td>

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

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

        </td>
        <td style="padding-right: 0.0px; border-bottom-color: black; white-space: nowrap; border-bottom-style: solid; text-align: right; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          (20.2
        </td>
        <td style="padding-right: 0.0px; border-bottom-color: black; white-space: nowrap; border-bottom-style: solid; text-align: left; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          %)
        </td>
        <td>

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

        </td>
        <td style="padding-right: 0.0px; border-bottom-color: black; white-space: nowrap; border-bottom-style: solid; text-align: right; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          (4.3
        </td>
        <td style="padding-right: 0.0px; border-bottom-color: black; white-space: nowrap; border-bottom-style: solid; text-align: left; 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 2019 % Change
        </td>
        <td>

        </td>
        <td>

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

        </td>
        <td>

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

        </td>
        <td>

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

        </td>
        <td>

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

        </td>
        <td>

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

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

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

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; border-bottom-color: black; white-space: nowrap; border-bottom-style: solid; text-align: right; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          5.7
        </td>
        <td style="padding-right: 0.0px; border-bottom-color: black; white-space: nowrap; border-bottom-style: solid; text-align: left; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          %
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; border-bottom-color: black; white-space: nowrap; border-bottom-style: solid; text-align: right; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          (11.0
        </td>
        <td style="padding-right: 0.0px; border-bottom-color: black; white-space: nowrap; border-bottom-style: solid; text-align: left; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          %)
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; border-bottom-color: black; white-space: nowrap; border-bottom-style: solid; text-align: right; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          (24.3
        </td>
        <td style="padding-right: 0.0px; border-bottom-color: black; white-space: nowrap; border-bottom-style: solid; text-align: left; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          %)
        </td>
        <td>

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

        </td>
        <td style="padding-right: 0.0px; border-bottom-color: black; white-space: nowrap; border-bottom-style: solid; text-align: right; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          (3.1
        </td>
        <td style="padding-right: 0.0px; border-bottom-color: black; white-space: nowrap; border-bottom-style: solid; text-align: left; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          %)
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

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

        </td>
        <td>

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

        </td>
        <td>

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

        </td>
        <td>

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

        </td>
        <td>

        </td>
        <td colspan="2">
          &#160;
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="14" style="padding-right: 0.0px; white-space: nowrap; text-align: center; padding-left: 0.0px" valign="bottom">
          <b>Three Months Ended September 30, 2018</b>
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="14" style="padding-right: 0.0px; border-bottom-color: black; white-space: nowrap; border-bottom-style: solid; text-align: center; 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="padding-right: 0.0px; white-space: nowrap; text-align: center; padding-left: 0.0px" valign="bottom">
          <b>Medical and</b>
        </td>
        <td style="text-align: center; padding-left: 0.0px" valign="bottom">

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

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

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

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

        </td>
      </tr>
      <tr>
        <td colspan="3" style="text-align: left; padding-left: 0.0px; padding-bottom: 2.0px" valign="bottom">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <u><b>Total Expenses:</b></u>
          </p>
        </td>
        <td style="text-align: left; padding-left: 0.0px; padding-bottom: 2.0px" valign="top">

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

        </td>
        <td colspan="2" style="padding-right: 0.0px; border-bottom-color: black; white-space: nowrap; border-bottom-style: solid; text-align: center; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          <b>Healthcare</b>
        </td>
        <td style="text-align: center; padding-left: 0.0px; padding-bottom: 2.0px" valign="bottom">

        </td>
        <td colspan="2" style="padding-right: 0.0px; border-bottom-color: black; white-space: nowrap; border-bottom-style: solid; text-align: center; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          <b>Education</b>
        </td>
        <td style="text-align: center; padding-left: 0.0px; padding-bottom: 2.0px" valign="bottom">

        </td>
        <td colspan="2" style="padding-right: 0.0px; border-bottom-color: black; white-space: nowrap; border-bottom-style: solid; text-align: center; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          <b>Business</b>
        </td>
        <td style="text-align: center; padding-left: 0.0px; padding-bottom: 2.0px" valign="bottom">

        </td>
        <td colspan="2" style="padding-right: 0.0px; border-bottom-color: black; white-space: nowrap; border-bottom-style: solid; text-align: center; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          <b>and Other</b>
        </td>
        <td style="text-align: center; padding-left: 0.0px; padding-bottom: 2.0px" valign="bottom">

        </td>
        <td colspan="2" style="padding-right: 0.0px; border-bottom-color: black; white-space: nowrap; border-bottom-style: solid; text-align: center; 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 2018 as Reported
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          165,053
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          29,535
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          60,578
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          8,091
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          263,257
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td colspan="3" style="text-align: left; padding-left: 0.0px" valign="bottom">
          Cost Increase (Reduction)
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          10,104
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          215
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          143
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          (2,161
        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: left; padding-left: 0.0px" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          8,301
        </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="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          -
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          1,146
        </td>
        <td>

        </td>
        <td>

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

        </td>
        <td>

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

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          1,563
        </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="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          (13,617
        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: left; padding-left: 0.0px" valign="bottom">
          )
        </td>
        <td>

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

        </td>
        <td>

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

        </td>
        <td>

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

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          (13,617
        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: left; 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="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          38,903
        </td>
        <td>

        </td>
        <td>

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

        </td>
        <td>

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

        </td>
        <td>

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

        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          38,411
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td colspan="3" style="text-align: left; padding-left: 0.0px; padding-bottom: 2.0px" valign="bottom">
          Effect of Currency Change
        </td>
        <td>

        </td>
        <td>

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

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

        </td>
        <td style="padding-right: 0.0px; border-bottom-color: black; white-space: nowrap; border-bottom-style: solid; text-align: right; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          (11,217
        </td>
        <td style="padding-right: 0.0px; border-bottom-color: black; white-space: nowrap; border-bottom-style: solid; text-align: left; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          )
        </td>
        <td>

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

        </td>
        <td style="padding-right: 0.0px; border-bottom-color: black; white-space: nowrap; border-bottom-style: solid; text-align: right; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          (11,217
        </td>
        <td style="padding-right: 0.0px; border-bottom-color: black; white-space: nowrap; border-bottom-style: solid; text-align: left; 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; padding-bottom: 2.0px" valign="bottom">
          Fiscal Year 2019 as Reported
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px; padding-bottom: 2.0px" valign="bottom">
          $
        </td>
        <td style="padding-right: 0.0px; border-bottom-color: black; white-space: nowrap; border-bottom-style: solid; text-align: right; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          200,443
        </td>
        <td style="border-bottom-color: black; border-bottom-style: solid; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px; padding-bottom: 2.0px" valign="bottom">
          $
        </td>
        <td style="padding-right: 0.0px; border-bottom-color: black; white-space: nowrap; border-bottom-style: solid; text-align: right; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          30,896
        </td>
        <td style="border-bottom-color: black; border-bottom-style: solid; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px; padding-bottom: 2.0px" valign="bottom">
          $
        </td>
        <td style="padding-right: 0.0px; border-bottom-color: black; white-space: nowrap; border-bottom-style: solid; text-align: right; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          49,996
        </td>
        <td style="border-bottom-color: black; border-bottom-style: solid; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px; padding-bottom: 2.0px" valign="bottom">
          $
        </td>
        <td style="padding-right: 0.0px; border-bottom-color: black; white-space: nowrap; border-bottom-style: solid; text-align: right; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          5,363
        </td>
        <td style="border-bottom-color: black; border-bottom-style: solid; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px; padding-bottom: 2.0px" valign="bottom">
          $
        </td>
        <td style="padding-right: 0.0px; border-bottom-color: black; white-space: nowrap; border-bottom-style: solid; text-align: right; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          286,698
        </td>
        <td style="border-bottom-color: black; border-bottom-style: solid; 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 colspan="2">

        </td>
        <td>

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

        </td>
        <td>

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

        </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-top: 0px; margin-bottom: 0px">
            <u><b>Fiscal Year 2019 % Change:</b></u>
          </p>
        </td>
        <td>

        </td>
        <td>

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

        </td>
        <td>

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

        </td>
        <td>

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

        </td>
        <td>

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

        </td>
        <td>

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

        </td>
      </tr>
      <tr>
        <td colspan="3" style="text-align: left; padding-left: 0.0px" valign="bottom">
          Cost Increase (Reduction)
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          6.1
        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: left; padding-left: 0.0px" valign="bottom">
          %
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          0.7
        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: left; padding-left: 0.0px" valign="bottom">
          %
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          0.2
        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: left; padding-left: 0.0px" valign="bottom">
          %
        </td>
        <td>

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

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          3.2
        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: left; 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="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          -
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          3.9
        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: left; padding-left: 0.0px" valign="bottom">
          %
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          0.7
        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: left; padding-left: 0.0px" valign="bottom">
          %
        </td>
        <td>

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

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          0.6
        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: left; 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="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          (8.3
        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: left; padding-left: 0.0px" valign="bottom">
          %)
        </td>
        <td>

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

        </td>
        <td>

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

        </td>
        <td>

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

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          (5.2
        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: left; padding-left: 0.0px" valign="bottom">
          %)
        </td>
      </tr>
      <tr>
        <td colspan="3" style="text-align: left; padding-left: 0.0px; padding-bottom: 2.0px" valign="bottom">
          Restructuring Expense Change
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; border-bottom-color: black; white-space: nowrap; border-bottom-style: solid; text-align: right; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          23.6
        </td>
        <td style="padding-right: 0.0px; border-bottom-color: black; white-space: nowrap; border-bottom-style: solid; text-align: left; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          %
        </td>
        <td>

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

        </td>
        <td style="padding-right: 0.0px; border-bottom-color: black; white-space: nowrap; border-bottom-style: solid; text-align: right; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          0.1
        </td>
        <td style="padding-right: 0.0px; border-bottom-color: black; white-space: nowrap; border-bottom-style: solid; text-align: left; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          %
        </td>
        <td>

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

        </td>
        <td style="padding-right: 0.0px; border-bottom-color: black; white-space: nowrap; border-bottom-style: solid; text-align: right; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          14.6
        </td>
        <td style="padding-right: 0.0px; border-bottom-color: black; white-space: nowrap; border-bottom-style: solid; text-align: left; 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="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          21.4
        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: left; padding-left: 0.0px" valign="bottom">
          %
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          4.6
        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: left; padding-left: 0.0px" valign="bottom">
          %
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          1.0
        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: left; padding-left: 0.0px" valign="bottom">
          %
        </td>
        <td>

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

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          13.2
        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: left; padding-left: 0.0px" valign="bottom">
          %
        </td>
      </tr>
      <tr>
        <td colspan="3" style="text-align: left; padding-left: 0.0px; padding-bottom: 2.0px" valign="bottom">
          Effect of Currency Change
        </td>
        <td>

        </td>
        <td>

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

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

        </td>
        <td style="padding-right: 0.0px; border-bottom-color: black; white-space: nowrap; border-bottom-style: solid; text-align: right; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          (18.5
        </td>
        <td style="padding-right: 0.0px; border-bottom-color: black; white-space: nowrap; border-bottom-style: solid; text-align: left; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          %)
        </td>
        <td>

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

        </td>
        <td style="padding-right: 0.0px; border-bottom-color: black; white-space: nowrap; border-bottom-style: solid; text-align: right; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          (4.3
        </td>
        <td style="padding-right: 0.0px; border-bottom-color: black; white-space: nowrap; border-bottom-style: solid; text-align: left; 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 2019 % Change
        </td>
        <td>

        </td>
        <td>

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

        </td>
        <td>

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

        </td>
        <td>

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

        </td>
        <td>

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

        </td>
        <td>

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

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

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

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; border-bottom-color: black; white-space: nowrap; border-bottom-style: solid; text-align: right; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          21.4
        </td>
        <td style="padding-right: 0.0px; border-bottom-color: black; white-space: nowrap; border-bottom-style: solid; text-align: left; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          %
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; border-bottom-color: black; white-space: nowrap; border-bottom-style: solid; text-align: right; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          4.6
        </td>
        <td style="padding-right: 0.0px; border-bottom-color: black; white-space: nowrap; border-bottom-style: solid; text-align: left; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          %
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; border-bottom-color: black; white-space: nowrap; border-bottom-style: solid; text-align: right; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          (17.5
        </td>
        <td style="padding-right: 0.0px; border-bottom-color: black; white-space: nowrap; border-bottom-style: solid; text-align: left; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          %)
        </td>
        <td>

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

        </td>
        <td style="padding-right: 0.0px; border-bottom-color: black; white-space: nowrap; border-bottom-style: solid; text-align: right; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          8.9
        </td>
        <td style="padding-right: 0.0px; border-bottom-color: black; white-space: nowrap; border-bottom-style: solid; text-align: left; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          %
        </td>
      </tr>
      <tr>
        <td>

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

        </td>
        <td>

        </td>
        <td>

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

        </td>
        <td>

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

        </td>
        <td>

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

        </td>
        <td>

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

        </td>
        <td>

        </td>
        <td colspan="2">
          &#160;
        </td>
      </tr>
    </table>
    </div>
    <div style="margin-right: 0pt; width: 100%; text-indent: 0pt; margin-left: 0pt; margin-bottom: 10pt">
      <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 style="font-family: Times New Roman; font-size: 8pt; width: 100%; margin-bottom: 10.0px" cellspacing="0">
      <tr>
        <td colspan="19">
          &#160;
        </td>
      </tr>
      <tr>
        <td colspan="19" style="padding-right: 0.0px; white-space: nowrap; text-align: center; padding-left: 0.0px" valign="bottom">
          <b>SUPPLEMENTAL RECONCILIATIONS</b>
        </td>
      </tr>
      <tr>
        <td colspan="19" style="padding-right: 0.0px; white-space: nowrap; text-align: center; padding-left: 0.0px" valign="bottom">
          <b>(Unaudited)</b>
        </td>
      </tr>
      <tr>
        <td>
          &#160;
        </td>
        <td>
          &#160;
        </td>
        <td>

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

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

        </td>
        <td>

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

        </td>
        <td>

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

        </td>
        <td>

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

        </td>
        <td>

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

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

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="14" style="padding-right: 0.0px; white-space: nowrap; text-align: center; padding-left: 0.0px" valign="bottom">
          <b>Three Months Ended September 30, 2018</b>
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="14" style="padding-right: 0.0px; border-bottom-color: black; white-space: nowrap; border-bottom-style: solid; text-align: center; 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="padding-right: 0.0px; white-space: nowrap; text-align: center; padding-left: 0.0px" valign="bottom">
          <b>Medical and</b>
        </td>
        <td style="text-align: center; padding-left: 0.0px" valign="bottom">

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

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

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

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

        </td>
      </tr>
      <tr>
        <td colspan="3" style="text-align: left; padding-left: 0.0px; padding-bottom: 2.0px" valign="bottom">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <u><b>Operating Income (Loss):</b></u>
          </p>
        </td>
        <td style="text-align: left; padding-left: 0.0px; padding-bottom: 2.0px" valign="top">

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

        </td>
        <td colspan="2" style="padding-right: 0.0px; border-bottom-color: black; white-space: nowrap; border-bottom-style: solid; text-align: center; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          <b>Healthcare</b>
        </td>
        <td style="text-align: center; padding-left: 0.0px; padding-bottom: 2.0px" valign="bottom">

        </td>
        <td colspan="2" style="padding-right: 0.0px; border-bottom-color: black; white-space: nowrap; border-bottom-style: solid; text-align: center; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          <b>Education</b>
        </td>
        <td style="text-align: center; padding-left: 0.0px; padding-bottom: 2.0px" valign="bottom">

        </td>
        <td colspan="2" style="padding-right: 0.0px; border-bottom-color: black; white-space: nowrap; border-bottom-style: solid; text-align: center; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          <b>and Business</b>
        </td>
        <td style="text-align: center; padding-left: 0.0px; padding-bottom: 2.0px" valign="bottom">

        </td>
        <td colspan="2" style="padding-right: 0.0px; border-bottom-color: black; white-space: nowrap; border-bottom-style: solid; text-align: center; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          <b>and Other</b>
        </td>
        <td style="text-align: center; padding-left: 0.0px; padding-bottom: 2.0px" valign="bottom">

        </td>
        <td colspan="2" style="padding-right: 0.0px; border-bottom-color: black; white-space: nowrap; border-bottom-style: solid; text-align: center; 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 2018 as Reported
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          26,232
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          10,507
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          1,861
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          (8,714
        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: left; padding-left: 0.0px" valign="bottom">
          )
        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          29,886
        </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="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          (6,634
        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: left; padding-left: 0.0px" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          (5,553
        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: left; padding-left: 0.0px" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          (3,366
        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: left; padding-left: 0.0px" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          1,978
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          (13,575
        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: left; 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="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          -
        </td>
        <td>

        </td>
        <td>

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

        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          209
        </td>
        <td>

        </td>
        <td>

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

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          5
        </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="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          20,961
        </td>
        <td>

        </td>
        <td>

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

        </td>
        <td>

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

        </td>
        <td>

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

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          20,961
        </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="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          (38,903
        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: left; padding-left: 0.0px" valign="bottom">
          )
        </td>
        <td>

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

        </td>
        <td>

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

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

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          (38,411
        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: left; padding-left: 0.0px" valign="bottom">
          )
        </td>
      </tr>
      <tr>
        <td colspan="3" style="text-align: left; padding-left: 0.0px; padding-bottom: 2.0px" valign="bottom">
          Effect of Currency Change
        </td>
        <td>

        </td>
        <td>

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

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

        </td>
        <td style="padding-right: 0.0px; border-bottom-color: black; white-space: nowrap; border-bottom-style: solid; text-align: right; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          (1,374
        </td>
        <td style="padding-right: 0.0px; border-bottom-color: black; white-space: nowrap; border-bottom-style: solid; text-align: left; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          )
        </td>
        <td>

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

        </td>
        <td style="padding-right: 0.0px; border-bottom-color: black; white-space: nowrap; border-bottom-style: solid; text-align: right; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          (1,374
        </td>
        <td style="padding-right: 0.0px; border-bottom-color: black; white-space: nowrap; border-bottom-style: solid; text-align: left; 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; padding-bottom: 2.0px" valign="bottom">
          Fiscal Year 2019 as Reported
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px; padding-bottom: 2.0px" valign="bottom">
          $
        </td>
        <td style="padding-right: 0.0px; border-bottom-color: black; white-space: nowrap; border-bottom-style: solid; text-align: right; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          1,656
        </td>
        <td style="border-bottom-color: black; border-bottom-style: solid; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px; padding-bottom: 2.0px" valign="bottom">
          $
        </td>
        <td style="padding-right: 0.0px; border-bottom-color: black; white-space: nowrap; border-bottom-style: solid; text-align: right; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          4,750
        </td>
        <td style="border-bottom-color: black; border-bottom-style: solid; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px; padding-bottom: 2.0px" valign="bottom">
          $
        </td>
        <td style="padding-right: 0.0px; border-bottom-color: black; white-space: nowrap; border-bottom-style: solid; text-align: right; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          (2,745
        </td>
        <td style="padding-right: 0.0px; border-bottom-color: black; white-space: nowrap; border-bottom-style: solid; text-align: left; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          )
        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px; padding-bottom: 2.0px" valign="bottom">
          $
        </td>
        <td style="padding-right: 0.0px; border-bottom-color: black; white-space: nowrap; border-bottom-style: solid; text-align: right; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          (6,169
        </td>
        <td style="padding-right: 0.0px; border-bottom-color: black; white-space: nowrap; border-bottom-style: solid; text-align: left; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          )
        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px; padding-bottom: 2.0px" valign="bottom">
          $
        </td>
        <td style="padding-right: 0.0px; border-bottom-color: black; white-space: nowrap; border-bottom-style: solid; text-align: right; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          (2,508
        </td>
        <td style="padding-right: 0.0px; border-bottom-color: black; white-space: nowrap; border-bottom-style: solid; text-align: left; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          )
        </td>
      </tr>
      <tr>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td>

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

        </td>
        <td>

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

        </td>
        <td>

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

        </td>
        <td>

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

        </td>
        <td>

        </td>
        <td colspan="2">
          &#160;
        </td>
      </tr>
    </table>
    </div>
    <div style="margin-right: 0pt; width: 100%; text-indent: 0pt; margin-left: 0pt; margin-bottom: 10pt">
      <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 style="font-family: Times New Roman; font-size: 8pt; width: 100%; margin-bottom: 10.0px" cellspacing="0">
      <tr>
        <td colspan="17">
          &#160;
        </td>
      </tr>
      <tr>
        <td colspan="17" style="padding-right: 0.0px; white-space: nowrap; text-align: center; padding-left: 0.0px" valign="bottom">
          <b>ADTALEM GLOBAL EDUCATION INC.</b>
        </td>
      </tr>
      <tr>
        <td colspan="17" style="padding-right: 0.0px; white-space: nowrap; text-align: center; padding-left: 0.0px" valign="bottom">
          <b>CONSOLIDATED STATEMENTS OF INCOME (LOSS) <sup>1</sup></b>
        </td>
      </tr>
      <tr>
        <td colspan="17" style="padding-right: 0.0px; white-space: nowrap; text-align: center; padding-left: 0.0px" valign="bottom">
          <b>(Unaudited)</b>
        </td>
      </tr>
      <tr>
        <td>

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

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

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

        </td>
        <td>

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

        </td>
        <td>

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

        </td>
        <td>

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

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

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="11" style="padding-right: 0.0px; border-bottom-color: black; white-space: nowrap; border-bottom-style: solid; text-align: center; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          <b>Fiscal Year 2018</b>
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2" style="padding-right: 0.0px; border-bottom-color: black; white-space: nowrap; border-bottom-style: solid; text-align: center; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          <b>Q1</b>
        </td>
        <td>

        </td>
        <td colspan="2" style="padding-right: 0.0px; border-bottom-color: black; white-space: nowrap; border-bottom-style: solid; text-align: center; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          <b>Q2</b>
        </td>
        <td>

        </td>
        <td colspan="2" style="padding-right: 0.0px; border-bottom-color: black; white-space: nowrap; border-bottom-style: solid; text-align: center; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          <b>Q3</b>
        </td>
        <td>

        </td>
        <td colspan="2" style="padding-right: 0.0px; border-bottom-color: black; white-space: nowrap; border-bottom-style: solid; text-align: center; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          <b>Q4</b>
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="11" style="padding-right: 0.0px; white-space: nowrap; 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 style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          293,143
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          308,211
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          310,070
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          319,787
        </td>
        <td>

        </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>

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

        </td>
        <td>

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

        </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">
          Cost of Educational Services
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          173,176
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          157,443
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          159,312
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          155,673
        </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>

        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          88,944
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          89,423
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          97,633
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          97,064
        </td>
        <td>

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

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

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; border-bottom-color: black; white-space: nowrap; border-bottom-style: solid; text-align: right; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          1,137
        </td>
        <td style="border-bottom-color: black; border-bottom-style: solid; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; border-bottom-color: black; white-space: nowrap; border-bottom-style: solid; text-align: right; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          1,426
        </td>
        <td style="border-bottom-color: black; border-bottom-style: solid; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; border-bottom-color: black; white-space: nowrap; border-bottom-style: solid; text-align: right; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          621
        </td>
        <td style="border-bottom-color: black; border-bottom-style: solid; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; border-bottom-color: black; white-space: nowrap; border-bottom-style: solid; text-align: right; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          1,883
        </td>
        <td style="border-bottom-color: black; border-bottom-style: solid; border-bottom-width: 1.0pt">
          &#160;
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

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

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; border-bottom-color: black; white-space: nowrap; border-bottom-style: solid; text-align: right; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          263,257
        </td>
        <td style="border-bottom-color: black; border-bottom-style: solid; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; border-bottom-color: black; white-space: nowrap; border-bottom-style: solid; text-align: right; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          248,292
        </td>
        <td style="border-bottom-color: black; border-bottom-style: solid; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; border-bottom-color: black; white-space: nowrap; border-bottom-style: solid; text-align: right; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          257,566
        </td>
        <td style="border-bottom-color: black; border-bottom-style: solid; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; border-bottom-color: black; white-space: nowrap; border-bottom-style: solid; text-align: right; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          254,620
        </td>
        <td style="border-bottom-color: black; border-bottom-style: solid; border-bottom-width: 1.0pt">
          &#160;
        </td>
      </tr>
      <tr>
        <td colspan="4" style="text-align: left; padding-left: 0.0px; padding-bottom: 2.0px" valign="bottom">
          <b>Operating Income from Continuing Operations</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; border-bottom-color: black; white-space: nowrap; border-bottom-style: solid; text-align: right; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          29,886
        </td>
        <td style="border-bottom-color: black; border-bottom-style: solid; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; border-bottom-color: black; white-space: nowrap; border-bottom-style: solid; text-align: right; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          59,919
        </td>
        <td style="border-bottom-color: black; border-bottom-style: solid; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; border-bottom-color: black; white-space: nowrap; border-bottom-style: solid; text-align: right; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          52,504
        </td>
        <td style="border-bottom-color: black; border-bottom-style: solid; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; border-bottom-color: black; white-space: nowrap; border-bottom-style: solid; text-align: right; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          65,167
        </td>
        <td style="border-bottom-color: black; border-bottom-style: solid; 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>

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

        </td>
        <td>

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

        </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">
          Interest Income
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          2,118
        </td>
        <td>

        </td>
        <td>

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

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          1,329
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          1,015
        </td>
        <td>

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

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

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; border-bottom-color: black; white-space: nowrap; border-bottom-style: solid; text-align: right; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          (1,916
        </td>
        <td style="padding-right: 0.0px; border-bottom-color: black; white-space: nowrap; border-bottom-style: solid; text-align: left; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          )
        </td>
        <td>

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

        </td>
        <td style="padding-right: 0.0px; border-bottom-color: black; white-space: nowrap; border-bottom-style: solid; text-align: right; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          (2,850
        </td>
        <td style="padding-right: 0.0px; border-bottom-color: black; white-space: nowrap; border-bottom-style: solid; text-align: left; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; border-bottom-color: black; white-space: nowrap; border-bottom-style: solid; text-align: right; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          (7,373
        </td>
        <td style="padding-right: 0.0px; border-bottom-color: black; white-space: nowrap; border-bottom-style: solid; text-align: left; 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-left: 0.0px; padding-bottom: 2.0px" valign="bottom">
          Net Interest Income (Expense)
        </td>
        <td>

        </td>
        <td>

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

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

        </td>
        <td style="padding-right: 0.0px; border-bottom-color: black; white-space: nowrap; border-bottom-style: solid; text-align: right; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          (1,521
        </td>
        <td style="padding-right: 0.0px; border-bottom-color: black; white-space: nowrap; border-bottom-style: solid; text-align: left; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; border-bottom-color: black; white-space: nowrap; border-bottom-style: solid; text-align: right; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          (6,358
        </td>
        <td style="padding-right: 0.0px; border-bottom-color: black; white-space: nowrap; border-bottom-style: solid; text-align: left; 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 from Continuing Operations Before Income Taxes</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          30,088
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          58,803
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          50,983
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          58,809
        </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>

        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          (4,475
        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: left; padding-left: 0.0px" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          (110,276
        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: left; padding-left: 0.0px" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          (8,024
        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: left; padding-left: 0.0px" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          38,673
        </td>
        <td>

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

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; border-bottom-color: black; white-space: nowrap; border-bottom-style: solid; text-align: right; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          (44
        </td>
        <td style="padding-right: 0.0px; border-bottom-color: black; white-space: nowrap; border-bottom-style: solid; text-align: left; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          )
        </td>
        <td>

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

        </td>
        <td style="padding-right: 0.0px; border-bottom-color: black; white-space: nowrap; border-bottom-style: solid; text-align: right; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          (100
        </td>
        <td style="padding-right: 0.0px; border-bottom-color: black; white-space: nowrap; border-bottom-style: solid; text-align: left; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          )
        </td>
        <td>

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

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; border-bottom-color: black; white-space: nowrap; border-bottom-style: solid; text-align: right; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          25,569
        </td>
        <td style="border-bottom-color: black; border-bottom-style: solid; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; border-bottom-color: black; white-space: nowrap; border-bottom-style: solid; text-align: right; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          (51,467
        </td>
        <td style="padding-right: 0.0px; border-bottom-color: black; white-space: nowrap; border-bottom-style: solid; text-align: left; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; border-bottom-color: black; white-space: nowrap; border-bottom-style: solid; text-align: right; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          42,859
        </td>
        <td style="border-bottom-color: black; border-bottom-style: solid; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; border-bottom-color: black; white-space: nowrap; border-bottom-style: solid; text-align: right; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          97,482
        </td>
        <td style="border-bottom-color: black; border-bottom-style: solid; 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>

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

        </td>
        <td>

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

        </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">
          <b>Loss from Discontinued Operations Before Income Taxes</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          (15,449
        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: left; padding-left: 0.0px" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          (48,409
        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: left; padding-left: 0.0px" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          (7,422
        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: left; padding-left: 0.0px" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          (52,882
        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: left; padding-left: 0.0px" valign="bottom">
          )
        </td>
      </tr>
      <tr>
        <td>

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

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; border-bottom-color: black; white-space: nowrap; border-bottom-style: solid; text-align: right; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          2,796
        </td>
        <td style="border-bottom-color: black; border-bottom-style: solid; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; border-bottom-color: black; white-space: nowrap; border-bottom-style: solid; text-align: right; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          19,094
        </td>
        <td style="border-bottom-color: black; border-bottom-style: solid; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; border-bottom-color: black; white-space: nowrap; border-bottom-style: solid; text-align: right; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          3,851
        </td>
        <td style="border-bottom-color: black; border-bottom-style: solid; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; border-bottom-color: black; white-space: nowrap; border-bottom-style: solid; text-align: right; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          18,275
        </td>
        <td style="border-bottom-color: black; border-bottom-style: solid; border-bottom-width: 1.0pt">
          &#160;
        </td>
      </tr>
      <tr>
        <td>

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

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; border-bottom-color: black; white-space: nowrap; border-bottom-style: solid; text-align: right; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          (12,653
        </td>
        <td style="padding-right: 0.0px; border-bottom-color: black; white-space: nowrap; border-bottom-style: solid; text-align: left; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; border-bottom-color: black; white-space: nowrap; border-bottom-style: solid; text-align: right; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          (29,315
        </td>
        <td style="padding-right: 0.0px; border-bottom-color: black; white-space: nowrap; border-bottom-style: solid; text-align: left; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; border-bottom-color: black; white-space: nowrap; border-bottom-style: solid; text-align: right; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          (3,571
        </td>
        <td style="padding-right: 0.0px; border-bottom-color: black; white-space: nowrap; border-bottom-style: solid; text-align: left; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; border-bottom-color: black; white-space: nowrap; border-bottom-style: solid; text-align: right; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          (34,607
        </td>
        <td style="padding-right: 0.0px; border-bottom-color: black; white-space: nowrap; border-bottom-style: solid; text-align: left; 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 INCOME (LOSS)</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          12,916
        </td>
        <td>

        </td>
        <td>

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

        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          39,288
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          62,875
        </td>
        <td>

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

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

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; border-bottom-color: black; white-space: nowrap; border-bottom-style: solid; text-align: right; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          (131
        </td>
        <td style="padding-right: 0.0px; border-bottom-color: black; white-space: nowrap; border-bottom-style: solid; text-align: left; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          )
        </td>
        <td>

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

        </td>
        <td style="padding-right: 0.0px; border-bottom-color: black; white-space: nowrap; border-bottom-style: solid; text-align: right; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          46
        </td>
        <td style="border-bottom-color: black; border-bottom-style: solid; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; border-bottom-color: black; white-space: nowrap; border-bottom-style: solid; text-align: right; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          (69
        </td>
        <td style="padding-right: 0.0px; border-bottom-color: black; white-space: nowrap; border-bottom-style: solid; text-align: left; 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 INCOME (LOSS) ATTRIBUTABLE TO ADTALEM</b>
        </td>
        <td>

        </td>
        <td>

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

        </td>
        <td>

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

        </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; padding-bottom: 4.0px" valign="bottom">
          <b>GLOBAL EDUCATION</b>
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px; padding-bottom: 4.0px" valign="bottom">
          $
        </td>
        <td style="padding-right: 0.0px; border-bottom-color: black; white-space: nowrap; border-bottom-style: double; text-align: right; border-bottom-width: 2.25pt; padding-left: 0.0px" valign="bottom">
          12,785
        </td>
        <td style="border-bottom-color: black; border-bottom-style: double; border-bottom-width: 2.25pt">
          &#160;
        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px; padding-bottom: 4.0px" valign="bottom">
          $
        </td>
        <td style="padding-right: 0.0px; border-bottom-color: black; white-space: nowrap; border-bottom-style: double; text-align: right; border-bottom-width: 2.25pt; padding-left: 0.0px" valign="bottom">
          (81,156
        </td>
        <td style="padding-right: 0.0px; border-bottom-color: black; white-space: nowrap; border-bottom-style: double; text-align: left; border-bottom-width: 2.25pt; padding-left: 0.0px" valign="bottom">
          )
        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px; padding-bottom: 4.0px" valign="bottom">
          $
        </td>
        <td style="padding-right: 0.0px; border-bottom-color: black; white-space: nowrap; border-bottom-style: double; text-align: right; border-bottom-width: 2.25pt; padding-left: 0.0px" valign="bottom">
          39,334
        </td>
        <td style="border-bottom-color: black; border-bottom-style: double; border-bottom-width: 2.25pt">
          &#160;
        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px; padding-bottom: 4.0px" valign="bottom">
          $
        </td>
        <td style="padding-right: 0.0px; border-bottom-color: black; white-space: nowrap; border-bottom-style: double; text-align: right; border-bottom-width: 2.25pt; padding-left: 0.0px" valign="bottom">
          62,806
        </td>
        <td style="border-bottom-color: black; border-bottom-style: double; 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 colspan="2">

        </td>
        <td>

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

        </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>

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

        </td>
        <td>

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

        </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">
          <b>EDUCATION:</b>
        </td>
        <td>

        </td>
        <td>

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

        </td>
        <td>

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

        </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">
          Income (Loss) from Continuing Operations
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          25,438
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          (51,841
        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: left; padding-left: 0.0px" valign="bottom">
          )
        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          42,905
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          97,413
        </td>
        <td>

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

        </td>
        <td>

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

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; border-bottom-color: black; white-space: nowrap; border-bottom-style: solid; text-align: right; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          (12,653
        </td>
        <td style="padding-right: 0.0px; border-bottom-color: black; white-space: nowrap; border-bottom-style: solid; text-align: left; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; border-bottom-color: black; white-space: nowrap; border-bottom-style: solid; text-align: right; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          (29,315
        </td>
        <td style="padding-right: 0.0px; border-bottom-color: black; white-space: nowrap; border-bottom-style: solid; text-align: left; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; border-bottom-color: black; white-space: nowrap; border-bottom-style: solid; text-align: right; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          (3,571
        </td>
        <td style="padding-right: 0.0px; border-bottom-color: black; white-space: nowrap; border-bottom-style: solid; text-align: left; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; border-bottom-color: black; white-space: nowrap; border-bottom-style: solid; text-align: right; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          (34,607
        </td>
        <td style="padding-right: 0.0px; border-bottom-color: black; white-space: nowrap; border-bottom-style: solid; text-align: left; 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 INCOME (LOSS) ATTRIBUTABLE TO ADTALEM</b>
        </td>
        <td>

        </td>
        <td>

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

        </td>
        <td>

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

        </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; padding-bottom: 4.0px" valign="bottom">
          <b>GLOBAL EDUCATION</b>
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px; padding-bottom: 4.0px" valign="bottom">
          $
        </td>
        <td style="padding-right: 0.0px; border-bottom-color: black; white-space: nowrap; border-bottom-style: double; text-align: right; border-bottom-width: 2.25pt; padding-left: 0.0px" valign="bottom">
          12,785
        </td>
        <td style="border-bottom-color: black; border-bottom-style: double; border-bottom-width: 2.25pt">
          &#160;
        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px; padding-bottom: 4.0px" valign="bottom">
          $
        </td>
        <td style="padding-right: 0.0px; border-bottom-color: black; white-space: nowrap; border-bottom-style: double; text-align: right; border-bottom-width: 2.25pt; padding-left: 0.0px" valign="bottom">
          (81,156
        </td>
        <td style="padding-right: 0.0px; border-bottom-color: black; white-space: nowrap; border-bottom-style: double; text-align: left; border-bottom-width: 2.25pt; padding-left: 0.0px" valign="bottom">
          )
        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px; padding-bottom: 4.0px" valign="bottom">
          $
        </td>
        <td style="padding-right: 0.0px; border-bottom-color: black; white-space: nowrap; border-bottom-style: double; text-align: right; border-bottom-width: 2.25pt; padding-left: 0.0px" valign="bottom">
          39,334
        </td>
        <td style="border-bottom-color: black; border-bottom-style: double; border-bottom-width: 2.25pt">
          &#160;
        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px; padding-bottom: 4.0px" valign="bottom">
          $
        </td>
        <td style="padding-right: 0.0px; border-bottom-color: black; white-space: nowrap; border-bottom-style: double; text-align: right; border-bottom-width: 2.25pt; padding-left: 0.0px" valign="bottom">
          62,806
        </td>
        <td style="border-bottom-color: black; border-bottom-style: double; 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 colspan="2">

        </td>
        <td>

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

        </td>
        <td>

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

        </td>
        <td>

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

        </td>
        <td>

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

        </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">
          <b>TO ADTALEM GLOBAL EDUCATION SHAREHOLDERS:</b>
        </td>
        <td>

        </td>
        <td>

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

        </td>
        <td>

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

        </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">
          <b>Basic:</b>
        </td>
        <td>

        </td>
        <td>

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

        </td>
        <td>

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

        </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">
          Continuing Operations
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          0.41
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          (0.85
        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: left; padding-left: 0.0px" valign="bottom">
          )
        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          0.70
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          1.60
        </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>

        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          (0.20
        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: left; padding-left: 0.0px" valign="bottom">
          )
        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          (0.48
        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: left; padding-left: 0.0px" valign="bottom">
          )
        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          (0.06
        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: left; padding-left: 0.0px" valign="bottom">
          )
        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          (0.57
        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: left; 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">
          Total
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          0.20
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          (1.33
        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: left; padding-left: 0.0px" valign="bottom">
          )
        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          0.64
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          1.03
        </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>

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

        </td>
        <td>

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

        </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">
          Continuing Operations
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          0.40
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          (0.85
        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: left; padding-left: 0.0px" valign="bottom">
          )
        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          0.69
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          1.58
        </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>

        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          (0.20
        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: left; padding-left: 0.0px" valign="bottom">
          )
        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          (0.48
        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: left; padding-left: 0.0px" valign="bottom">
          )
        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          (0.06
        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: left; padding-left: 0.0px" valign="bottom">
          )
        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          (0.56
        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: left; 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">
          Total
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          0.20
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          (1.33
        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: left; padding-left: 0.0px" valign="bottom">
          )
        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          0.63
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          1.02
        </td>
        <td>

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

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

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

        </td>
        <td>

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

        </td>
        <td>

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

        </td>
        <td>

        </td>
        <td colspan="2">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="top">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <sup>1</sup>
          </p>
        </td>
        <td colspan="16" style="text-align: left; padding-left: 0.0px" valign="bottom">
          <p style="margin-top: 0px; margin-bottom: 0px">
            This financial statement provides fiscal year 2018 quarterly
            supplemental information after classifying DeVry University and
            Carrington as discontinued operations.
          </p>
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td colspan="16" style="text-align: left; padding-left: 0.0px" valign="bottom">
          <p style="margin-top: 0px; margin-bottom: 0px">
            &#160;
          </p>
        </td>
      </tr>
    </table>
    </div>
    <div style="margin-right: 0pt; width: 100%; text-indent: 0pt; margin-left: 0pt; margin-bottom: 10pt">
      <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 style="font-family: Times New Roman; font-size: 8pt; width: 100%; margin-bottom: 10.0px" cellspacing="0">
      <tr>
        <td colspan="17">
          &#160;
        </td>
      </tr>
      <tr>
        <td colspan="17" style="padding-right: 0.0px; white-space: nowrap; text-align: center; padding-left: 0.0px" valign="bottom">
          <b>NON-GAAP EARNINGS DISCLOSURE <sup>1</sup></b>
        </td>
      </tr>
      <tr>
        <td colspan="17" style="padding-right: 0.0px; white-space: nowrap; text-align: center; padding-left: 0.0px" valign="bottom">
          <b>(Unaudited)</b>
        </td>
      </tr>
      <tr>
        <td>

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

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

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

        </td>
        <td>

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

        </td>
        <td>

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

        </td>
        <td>

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

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

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="11" style="padding-right: 0.0px; border-bottom-color: black; white-space: nowrap; border-bottom-style: solid; text-align: center; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          <b>Fiscal Year 2018</b>
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2" style="padding-right: 0.0px; border-bottom-color: black; white-space: nowrap; border-bottom-style: solid; text-align: center; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          <b>Q1</b>
        </td>
        <td>

        </td>
        <td colspan="2" style="padding-right: 0.0px; border-bottom-color: black; white-space: nowrap; border-bottom-style: solid; text-align: center; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          <b>Q2</b>
        </td>
        <td>

        </td>
        <td colspan="2" style="padding-right: 0.0px; border-bottom-color: black; white-space: nowrap; border-bottom-style: solid; text-align: center; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          <b>Q3</b>
        </td>
        <td>

        </td>
        <td colspan="2" style="padding-right: 0.0px; border-bottom-color: black; white-space: nowrap; border-bottom-style: solid; text-align: center; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          <b>Q4</b>
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="11" 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 Income (Loss)</b>
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          12,785
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          (81,156
        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: left; padding-left: 0.0px" valign="bottom">
          )
        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          39,334
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          62,806
        </td>
        <td>

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

        </td>
        <td colspan="3" style="text-align: left; padding-left: 0.0px" valign="bottom">
          Earnings (Loss) per Share (diluted, basic-Q2)
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          0.20
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          (1.33
        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: left; padding-left: 0.0px" valign="bottom">
          )
        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          0.63
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          1.02
        </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 colspan="2">

        </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">
          Restructuring Expense
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          1,137
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          1,426
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          621
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          1,883
        </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="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          0.02
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          0.02
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          0.01
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          0.03
        </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="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          -
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          101,196
        </td>
        <td>

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

        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          2,682
        </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="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          -
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          1.63
        </td>
        <td>

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

        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          0.04
        </td>
        <td>

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

        </td>
        <td colspan="3" style="text-align: left; padding-left: 0.0px" valign="bottom">
          Tax Benefit on Carrington Loss
        </td>
        <td>

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

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

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

        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          (48,903
        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: left; 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="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          -
        </td>
        <td>

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

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

        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          (0.79
        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: left; padding-left: 0.0px" valign="bottom">
          )
        </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="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          (327
        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: left; padding-left: 0.0px" valign="bottom">
          )
        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          (528
        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: left; padding-left: 0.0px" valign="bottom">
          )
        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          (144
        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: left; padding-left: 0.0px" valign="bottom">
          )
        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          (84
        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: left; 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="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          (0.01
        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: left; padding-left: 0.0px" valign="bottom">
          )
        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          (0.01
        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: left; padding-left: 0.0px" valign="bottom">
          )
        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          0.00
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          0.00
        </td>
        <td>

        </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="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          12,653
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          29,315
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          3,571
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          34,607
        </td>
        <td>

        </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="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          0.20
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          0.47
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          0.06
        </td>
        <td>

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

        </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 colspan="2">

        </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">
          <b>Items, net of tax</b>
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          26,248
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          50,253
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          43,382
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          52,991
        </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 colspan="2">

        </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">
          Special Items, net of tax
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          0.41
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          0.81
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          0.70
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          0.86
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td colspan="4" style="text-align: left; padding-left: 0.0px" valign="bottom">
          Shares used in Basic EPS calculation
        </td>
        <td>

        </td>
        <td>

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

        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          61,234
        </td>
        <td>

        </td>
        <td>

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

        </td>
        <td colspan="2" style="text-align: right; padding-left: 0.0px" valign="bottom">
          NA
        </td>
      </tr>
      <tr>
        <td colspan="4" style="text-align: left; padding-left: 0.0px" valign="bottom">
          Shares used in Diluted EPS calculation
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          63,432
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          62,023
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          61,965
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="bottom">
          61,659
        </td>
        <td>

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

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

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

        </td>
        <td>

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

        </td>
        <td>

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

        </td>
        <td>

        </td>
        <td colspan="2">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px" valign="top">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <sup>1</sup>
          </p>
          <p style="margin-top: 0px; margin-bottom: 0px">
            &#160;
          </p>
        </td>
        <td colspan="16" style="text-align: left; padding-left: 0.0px" valign="bottom">
          <p style="margin-top: 0px; margin-bottom: 0px">
            This Non-GAAP information provides fiscal year 2018 quarterly
            supplemental information after classifying DeVry University and
            Carrington as discontinued operations.
          </p>
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td colspan="16" style="text-align: left; padding-left: 0.0px" valign="bottom">
          <p style="margin-top: 0px; margin-bottom: 0px">
            &#160;
          </p>
        </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>
  </body>
</html>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
