Thread regarding National American University Holdings Inc. layoffs

Weldon Spring, Missouri and Tigard, Oregon closings

"During January 2016, the Company announced the planned closure of two campuses: Weldon Spring, Missouri and Tigard, Oregon, effective March 1, 2016. The related physical locations will not be driving future revenue; instead, these students will be supported by the online platform. As a result, for the three and nine month periods ended February 29, 2016, undepreciated leasehold improvements of $328 and $394 for Weldon Spring, Missouri and Tigard, Oregon, respectively, were fully written off. The impairment loss is included in loss on disposition of property in the consolidated financial statements."

........................................................http://yahoo.brand.edgar-online.com/displayfilinginfo.aspx?FilingID=11297331-970-154127&type=sect&TabIndex=2&dcn=0001354488-16-006855&nav=1&src=Yahoo

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