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Nord Anglia Education, Inc KEY OPERATING DATA AND SUPPLEMENTARY FINANCIAL INFORMATION REVISED BASIS OF PRESENTATION OF REGIONAL DATA

The following excerpt is from the company's SEC filing.

As a result of our growth in each of the Middle East and South East Asia, we will report key operating data and supplementary financial information separately for the Middle East and South East Asia commencing with the first quarter of fiscal 2016. The table below presents our key operating data and supplementary financial information for each of the first three quarters of fiscal 2015 after giving effect to our new basis of presentation.

Q1FY15

Q2FY15

Q3FY15

(unaudited)

Full-time equivalent students (average for the period)

Europe

Southeast Asia

North Ame rica

19,899

22,470

23,932

Capacity (average for the period)

11,688

26,587

31,888

34,539

Utilization (average for the period)

Revenue per FTE (in $ thousands)

We calculate average FTEs for a relevant period by dividing the total number of FTEs at each calendar month end in the period by the number of calendar months in the period.

We calculate average capacity for a period as the total number of FTEs that can be accommodated in a school based on its existing classrooms at each academic calendar month divided by the number of months in such period.

We calculate utilization during a period...


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