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

$17,730 ------ ------ ------- ------- Three Months Ended Six Months Ended September 30, September 30, 2009 2008 2009 2008 ---- ---- ---- ---- Net (loss) income $(2,116) $5,403 $2,072 $11,733 Write-off of capitalized software, net of tax 4,860 - 4,860 - Option cancellation charge, net of tax 1,273 - 1,273 - ----- --- ----- --- Adjusted net income $4,017 $5,403 $8,205 $11,733 ------ ------ ------ ------- Three Months Ended Six Months Ended September 30, September 30, 2009 2008 2009 2008 ---- ---- ---- ---- GAAP (loss) earnings per diluted share $(0.14) $0.32 $0.13 $0.68 Write-off of capitalized software, net of tax 0.32 - 0.32 - Option cancellation charge, net of tax 0.08 - 0.08 - ---- --- ---- --- Adjusted earnings per diluted share $0.26 $0.32 $0.53 $0.68 ----- ----- ----- ----- (1) Other income, net includes interest income of $0.6 million and $0.9 million for the three months ending September 30, 2009 and 2008, respectively, and $1.2 mil
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