The Advisory Board Company Income Statement

Quarterly: March 2012 - December 2009 Previous Quarters
Annual

Income	2012-03	2011-12	2011-09	2011-06	2011-03	2010-12	2010-09	2010-06	2010-03	2009-12
Revenue	95.76M	100.04M	92.93M	81.62M	70.44M	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Cost of Revenue	50.95M	54.24M	52.51M	45.49M	36.26M	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Gross Profit	44.80M	45.81M	40.42M	36.12M	34.17M	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Research & Development Expense						Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Selling, General, & Admin. Expense	31.73M	30.83M	30.40M	28.80M	26.55M	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Depreciation & Amortization	2.73M	2.235M	2.143M	1.925M	1.369M	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Operating Interest Expense						Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Other Operating Income (Expense)						Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Total Operating Expenses	85.41M	87.30M	85.06M	76.22M	64.18M	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Operating Income	10.35M	12.74M	7.876M	5.397M	6.259M	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Non-Operating Income	0.164M	1.625M	0.448M	0.797M	0.588M	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Pretax Income	10.51M	14.36M	8.324M	6.194M	6.847M	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Provision for Income Taxes	4.057M	5.702M	3.121M	2.323M	2.178M	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Income after Tax	6.454M	8.661M	5.203M	3.871M	4.669M	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Minority Interest						Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Minority Interest						Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Equity In Affiliates	-0.728M	-0.609M				Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Income Before Extraordinaries & Disc. Operations	5.726M	8.052M	5.203M	3.871M	4.669M	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Investment Gains/Losses						Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Other Income/Charges						Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Income from Discontinued Operations						Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Net Income	8.167M	8.052M	5.203M	3.871M	5.113M	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Earnings Per Share Data	2012-03	2011-12	2011-09	2011-06	2011-03	2010-12	2010-09	2010-06	2010-03	2009-12
Average Shares to compute diluted EPS	17.33	17.47	17.18	16.90	16.42	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Average Shares used to compute basic EPS	16.40	16.48	16.30	16.12	15.73	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
EPS - Basic net	0.49	0.49	0.32	0.24	0.32	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
EPS - Diluted net	0.47	0.46	0.30	0.23	0.30	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro