SEGMENT REPORTING (Tables)

3 Months Ended

Mar. 31, 2013

Summary Financial Information by Reporting Segment

Summary financial information by reporting segment is as follows:


	Revenue				Operating (Loss) Income
	For the Quarter Ended March 31,				For the Quarter Ended March 31,
	2013		2012		2013			2012
	(Dollars in thousands)
CTU	$	90,209	$	96,329	$	15,912		$	19,079
AIU		66,299		88,940		3,146			14,661

Total University Schools		156,508		185,269		19,058			33,740

Health Education		38,021		54,092		(11,310	)		(1,672	)
Culinary Arts		45,938		62,838		(12,137	)		1,266
Design & Technology		30,289		41,801		(7,156	)		334

Total Career Schools		114,248		158,731		(30,603	)		(72	)

International		49,677		42,829		13,480			13,125
Corporate and Other ⁽¹⁾		—		14		(6,368	)		12,582

Subtotal		320,433		386,843		(4,433	)		59,375
Transitional Schools		20,050		44,521		(13,668	)		(11,519	)

Total	$	340,483	$	431,364	$	(18,101	)	$	47,856


	Total Assets as of ⁽²⁾
	March 31, 2013		December 31, 2012
	(Dollars in thousands)
CTU	$	72,047	$	72,554
AIU		58,524		65,092

Total University Schools		130,571		137,646

Health Education		43,076		52,511
Culinary Arts		167,166		173,477
Design & Technology		30,037		30,720

Total Career Schools		240,279		256,708

International		264,451		280,636
Corporate and Other		310,591		385,611

Subtotal		945,892		1,060,601
Transitional Schools		26,373		39,030
Discontinued Operations		22,359		23,072

Total	$	994,624	$	1,122,703

(1)	The first quarter of 2012 operating income includes a $19.0 million insurance recovery related to the settlement of claims under certain insurance policies.

(2)	Total assets do not include intercompany receivable or payable activity between schools and corporate and investments in subsidiaries.

- Definition

Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss.

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