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The Advisory Board Company Reports Fiscal Year 2010 First Quarter Results
Date:8/4/2009

SFAS No. 123R and in employer taxes associated with the exercise of employee stock options. The Company has recorded all these expenses in the same line items as other compensation paid to the relevant categories of employees. THE ADVISORY BOARD COMPANY CONSOLIDATED BALANCE SHEETS (In thousands) June 30, March 31, 2009 2009 ---- ---- (unaudited) ASSETS Current assets: Cash and cash equivalents $14,528 $23,746 Marketable securities 11,022 8,385 Membership fees receivable, net 124,552 116,739 Prepaid expenses and other current assets 4,727 5,113 Deferred income taxes, net 3,239 3,083 ----- ----- Total current assets 158,068 157,066 Property and equipment, net 32,724 34,156 Intangible assets, net 4,456 4,463 Goodwill 24,908 24,563 Deferred incentive compensation and other charges 27,183 26,737 Deferred income taxes, net of current portion 7,673 7,555 Other non-current assets 5,000 - Marketable securities 57,697 61,718 ------ ------ Total assets $
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