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

3,848 ----- ----- ----- ----- EBITDA $7,342 $9,199 $12,571 $26,929 ------ ------ ------- ------- Write-off of capitalized software - - 7,397 - Option cancellation charge (2) - - 1,937 - --- --- ----- --- Adjusted EBITDA $7,342 $9,199 $21,905 $26,929 ------ ------ ------- -------
    
    
    
                                  Three Months Ended      Nine Months Ended
                                     December 31,           December 31,
                                    ------------           ------------
                                  2009        2008      2009          2008
                                  ----        ----      ----          ----
    
     Net income                 $4,309       $5,830     $6,381       $17,563
     Write-off of
      capitalized software,
      net of tax                     -            -      4,860             -
     Option cancellation
      charge, net of tax             -            -      1,273             -
                                   ---          ---      -----           ---
          Adjusted net income   $4,309       $5,830    $12,514       $17,563
                                ------       ------    -------       -------
    
    
    
    
                                Three Months Ended      Nine Months Ended
                                   December 31,           December 31,
                                   ------------          ------------
                                 2009         2008     2009         2008
                                 ----         ----     ----        ----
    
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SOURCE The Advisory Board Company
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