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The Advisory Board Company Reports Fiscal Year 2010 Second Quarter Results
Date:11/2/2009

THE ADVISORY BOARD COMPANY CONSOLIDATED BALANCE SHEETS (In thousands) September 30, March 31, 2009 2009 ---- ---- (unaudited) ASSETS Current assets: Cash and cash equivalents $29,961 $23,746 Marketable securities 11,839 8,385 Membership fees receivable, net 126,151 116,739 Prepaid expenses and other current assets 4,872 5,113 Deferred income taxes, net 4,265 3,083 ----- ----- Total current assets 177,088 157,066 Property and equipment, net 23,817 34,156 Intangible assets, net 4,423 4,463 Goodwill 26,330 24,563 Deferred incentive compensation and other charges 30,201 26,737 Deferred income taxes, net of current portion 7,803 7,555 Other non-current assets 5,000 - Marketable securities 52,681 61,718 ------ ------ Total assets $327,343 $316,258 ======== ======== LIABILITIES AND STOCKHOLDERS' EQUITY Current liabilities: Deferred revenues
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