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The Advisory Board Company Reports Results For Quarter Ended 12/31/09
Date:2/4/2010

trative (1) 12.6% 11.5% 13.2% 12.0% Depreciation and amortization 2.3% 2.4% 2.8% 2.2% Income from operations 9.8% 13.1% 4.3% 13.3% Net income 7.1% 9.8% 3.6% 10.1%
  1. During the three and nine months ended December 31, 2009, the Company recognized approximately $0.8 million and $3.4 million in cost of services, approximately $0.5 million and $1.7 million in member relations and marketing, and approximately $0.9 million and $5.0 million in general and administrative expense for share-based compensation.  During the three and nine months ended December 31, 2008, the Company recognized approximately $1.2 million and $3.4 million in cost of services, approximately $0.6 million and $1.8 million in member relations and marketing, and approximately $1.5 million and $4.5 million in general and administrative expense for share-based compensation. Included in the share-based compensation amounts for the nine months ended December 31, 2009 are approximately $0.7 million, $0.1 million, and $1.1 million recorded in cost of services, member relations and marketing, and general and administrative expense, respectively, relating to the one-time charge for the cancellation of certain stock options during the quarter ending September
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