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Devry Education Group Inc. (DV) SEC Filing 10-K Annual report for the fiscal year ending Thursday, June 30, 2016

Devry Education Group Inc.

CIK: 730464 Ticker: DV

Exhibit 99.1

DeVry Education Group Announces Fourth-Quarter and Full-Year Fiscal 2016 Results

Further diversifies revenue base across multiple in-demand education verticals

Significant cost reductions achieved at DeVry University

DOWNERS GROVE, Ill.--(BUSINESS WIRE)--August 18, 2016--DeVry Education Group (NYSE:DV), a leading global education provider, today reported academic, operational and financial results for its fiscal 2016 fourth quarter and full-year ended June 30, 2016. DeVry Group also reported enrollment results at Carrington College, Chamberlain College of Nursing, DeVry Medical International and DeVry University and its Keller Graduate School of Management.

“In fiscal 2016, we made notable progress in further diversifying our revenue profile, while improving operating efficiencies and building on the quality, relevance and accessibility of the education we provide to our students,” said Lisa W. Wardell, president and CEO of DeVry Education Group. “Looking ahead, we have a strong sense of urgency across our organization as we focus on improving our operating performance and further evolving our offerings to meet the needs of today’s students and to fill the workforce skills gaps that are prevalent in our society. Our long-term strategy is centered on expanding our programs and delivery methods across a number of in-demand professions worldwide; particularly in technology, healthcare and professional education. In fiscal 2017, we will be laser-focused on stabilizing revenue, growing earnings per share and strategic capital allocation.”


The following information was filed by Devry Education Group Inc. (DV) on Thursday, August 18, 2016 as an 8K 2.02 statement, which is an earnings press release pertaining to results of operations and financial condition. It may be helpful to assess the quality of management by comparing the information in the press release to the information in the accompanying 10-K Annual Report statement of earnings and operation as management may choose to highlight particular information in the press release.

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Financial Statements, Disclosures and Schedules

Inside this 10-K Annual Report

Document And Entity Information
Schedule Ii (valuation And Qualifying Accounts And Reserves) (detail)
Commitments And Contingencies - Additional Information (detail)
Consolidated Balance Sheets
Consolidated Balance Sheets (parenthetical)
Consolidated Statements Of Cash Flows
Consolidated Statements Of Comprehensive Income
Consolidated Statements Of Income (loss)
Consolidated Statements Of Shareholders' Equity
Consolidated Statements Of Shareholders' Equity (parenthetical)
Debt - Additional Information (detail)
Dividends And Share Repurchase Programs (shares Repurchased Under Programs) (detail)
Income Taxes - Additional Information (detail)
Restructuring Charges (separation And Restructuring Plan Activity) (detail)
Restructuring Charges - Additional Information (detail)
Segment Information (revenues And Long-lived Assets By Geographic Area) (detail)
Segment Information (tabulation Of Business Segment Information Based On Current Segmentation) (detail)
Business Combinations
Business Combinations (acquired Intangible Assets Subject To Amortization And Values And Estimated Useful Lives) (detail)
Business Combinations (estimated Fair Values Of Assets Acquired And Liabilities Assumed) (detail)
Business Combinations (tables)
Business Combinations - Additional Information (detail)
Commitments And Contingencies
Commitments And Contingencies (future Minimum Rental Commitments For Non-cancellable Operating Leases) (detail)
Commitments And Contingencies (tables)
Debt
Discontinued Operations
Discontinued Operations (operating Results Of The Discontinued Operations) (detail)
Discontinued Operations (tables)
Discontinued Operations - Additional Information (detail)
Dividends And Stock Repurchase Programs
Dividends And Stock Repurchase Programs (cash Dividends Declared) (detail)
Dividends And Stock Repurchase Programs (tables)
Dividends And Stock Repurchase Programs - Additional Information (detail)
Employee Benefit Plans
Employee Benefit Plans - Additional Information (detail)
Fair Value Measurements
Fair Value Measurements (assets Measured At Fair Value On Recurring Basis) (detail)
Fair Value Measurements (roll-forward Of Assets And Liabilities Measured At Fair Value Using Level Three Inputs) (detail)
Fair Value Measurements (tables)
Fair Value Measurements - Additional Information (detail)
Financing Receivables
Financing Receivables (credit Risk Profiles Of Institutional Student Loan Balance) (detail)
Financing Receivables (institutional Loan Balances And Related Allowances For Credit Losses) (detail)
Financing Receivables (institutional Student Loans Past Due) (detail)
Financing Receivables (tables)
Financing Receivables - Additional Information (detail)
Income Taxes
Income Taxes (changes In Unrecognized Tax Benefits) (detail)
Income Taxes (components Of Income Before Income Taxes) (detail)
Income Taxes (deferred Income Tax Asset (liabilities)) (detail)
Income Taxes (income Tax Provisions (benefits) (detail)
Income Taxes (income Tax Provisions Computed Using Statutory U.s. Federal Rate) (detail)
Income Taxes (tables)
Intangible Assets
Intangible Assets (changes In Carrying Amount Of Goodwill, By Segment) (detail)
Intangible Assets (estimated Amortization Expense For Amortized Intangible Assets) (detail)
Intangible Assets (schedule Of Intangible Assets) (detail)
Intangible Assets (schedule Of Intangible Assets) (parenthetical) (detail)
Intangible Assets (summary Of Goodwill Balances By Reporting Segment) (detail)
Intangible Assets (summary Of Goodwill Balances By Reporting Unit) (detail)
Intangible Assets (summary Of Indefinite-lived Intangible Assets Balances By Reporting Unit) (detail)
Intangible Assets (tables)
Intangible Assets - Additional Information (detail)
Nature Of Operations
Nature Of Operations - Additional Information (detail)
Quarterly Financial Data (unaudited)
Quarterly Financial Data (unaudited) (summary Of Quarterly Data) (detail)
Quarterly Financial Data (unaudited) (tables)
Restructuring Charges
Restructuring Charges (tables)
Schedule Ii (valuation And Qualifying Accounts And Reserves) (parenthetical) (detail)
Segment Information
Segment Information (tables)
Segment Information - Additional Information (detail)
Stock-based Compensation
Stock-based Compensation (fair Values Of Stock Option Awards Weighted Average Assumptions) (detail)
Stock-based Compensation (summary Of Options Activity) (detail)
Stock-based Compensation (summary Of Restricted Stock Units Activity) (detail)
Stock-based Compensation (summary Of Stock Appreciation Rights Activity) (detail)
Stock-based Compensation (tables)
Stock-based Compensation (total Stock-based Compensation Expense Included In Consolidated Statement Of Income) (detail)
Stock-based Compensation - Additional Information (detail)
Subsequent Event
Subsequent Event - Additional Information (detail)
Summary Of Significant Accounting Policies
Summary Of Significant Accounting Policies (available-for-sale Marketable Securities) (detail)
Summary Of Significant Accounting Policies (policies)
Summary Of Significant Accounting Policies (reconciliation Of Basic Shares To Diluted Shares) (detail)
Summary Of Significant Accounting Policies (reconciliation Of Non-controlling Interest Balance) (detail)
Summary Of Significant Accounting Policies (tables)
Summary Of Significant Accounting Policies - Additional Information (detail)
Valuation And Qualifying Accounts And Reserves

Material Contracts, Statements, Certifications & more

Devry Education Group Inc. provided additional information to their SEC Filing as exhibits

Ticker: DV
CIK: 730464
Form Type: 10-K Annual Report
Accession Number: 0001144204-16-121173-2
Submitted to the SEC: Thu Aug 25 2016 2:59:06 PM EST
Accepted by the SEC: Thu Aug 25 2016
Period: Thursday, June 30, 2016
Industry: Educational Services

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