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

$145,368 $150,609 Accounts payable and accrued liabilities 39,591 35,777 Accrued incentive compensation 6,342 7,320 ----- ----- Total current liabilities 191,301 193,706 Long-term deferred revenues 28,860 19,869 Other long-term liabilities 3,463 3,784 ----- ----- Total liabilities 223,624 217,359 ------- ------- Stockholders' equity: Common stock 217 217 Additional paid-in capital 237,333 233,794 Retained earnings 136,564 134,492 Accumulated elements of comprehensive income 1,515 1,307 Treasury stock (271,910) (270,911) -------- -------- Total stockholders' equity 103,719 98,899 ------- ------ Total liabilities and stockholders' equity $327,343 $316,258 ======== ======== THE ADVISORY BOARD COMPANY UNAUDITED CONSOLIDATED STATEMENTS OF CASH FLOWS (In thousands) Six Months Ended September 30,
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