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Exhibit 11.1
To the Stockholders and Board of Directors of
Global Knowledge, Inc.:
We have audited in accordance with auditing standards generally accepted in the
United States, the financial statements of Global Knowledge, Inc. included in
this registration statement and have issued our report thereon dated July 27,
2000. Our audit was made for the purpose of forming an opinion on the basic
financial statements taken as a whole. The schedule to follow is the
responsibility of the Company's management and is presented for purposes of
complying with the Securities and Exchange Commission's rules, and is not part
of the basic financial statements. This schedule has been subjected to the
auditing procedures applied in the audit of the basic financial statements and,
in our opinion, fairly states in all material respects the financial data
required to be set forth therein in relation to the basic financial statements
taken as a whole.
/s/ Arthur Andersen LLP
Boston, Massachusetts
July 27, 2000
Schedule II - Valuation and Qualifying Accounts
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<CAPTION>
Description Balance at Additions charged Deductions Balance at
(in thousands) Beginning of Period to expense End of Period
<S> <C> <C> <C> <C>
Allowance for Doubtful Accounts
Year ended December 31, 1997 694 -- -- 694
Year ended December 31, 1998 694 979 (269) 1,404
Year ended December 31, 1999 1,404 3,526 (854) 4,076
Nine months ended September 30, 2000 4,076 2,377 (631) 5,822
Restructuring Reserve
Year ended December 31, 1997 6,250 7,484 (7,892) 5,842
Year ended December 31, 1998 5,842 4,881 (6,203) 4,520
Year ended December 31, 1999 4,520 2,195 (3,546) 3,169
Six months ended June 30, 2000 3,169 2,889 (2,111) 3,947
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