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Itt Educational Services Inc – ‘10-Q’ for 6/30/16 – ‘EX-32.2’

On:  Friday, 7/29/16, at 8:00am ET   ·   For:  6/30/16   ·   Accession #:  1193125-16-663358   ·   File #:  1-13144

Previous ‘10-Q’:  ‘10-Q’ on 4/29/16 for 3/31/16   ·   Latest ‘10-Q’:  This Filing

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  As Of               Filer                 Filing    For·On·As Docs:Size             Issuer                      Filing Agent

 7/29/16  Itt Educational Services Inc      10-Q        6/30/16   92:7.7M                                   Donnelley … Solutions/FA

Quarterly Report   —   Form 10-Q   —   Sect. 13 / 15(d) – SEA’34
Filing Table of Contents

Document/Exhibit                   Description                      Pages   Size 

 1: 10-Q        Quarterly Report                                    HTML    970K 
 2: EX-10.1     Material Contract                                   HTML     60K 
 3: EX-10.2     Material Contract                                   HTML     32K 
 4: EX-31.1     Certification -- §302 - SOA'02                      HTML     34K 
 5: EX-31.2     Certification -- §302 - SOA'02                      HTML     34K 
 6: EX-32.1     Certification -- §906 - SOA'02                      HTML     29K 
 7: EX-32.2     Certification -- §906 - SOA'02                      HTML     29K 
14: R1          Document and Entity Information                     HTML     49K 
15: R2          Condensed Consolidated Balance Sheets (Unaudited)   HTML    134K 
16: R3          Condensed Consolidated Balance Sheets (Unaudited)   HTML     46K 
                (Parenthetical)                                                  
17: R4          Condensed Consolidated Statements of Operations     HTML     83K 
                (Unaudited)                                                      
18: R5          Condensed Consolidated Statements of Comprehensive  HTML     50K 
                Income (Unaudited)                                               
19: R6          Condensed Consolidated Statements of Comprehensive  HTML     35K 
                Income (Unaudited) (Parenthetical)                               
20: R7          Condensed Consolidated Statements of Cash Flows     HTML    112K 
                (Unaudited)                                                      
21: R8          Condensed Consolidated Statements of Shareholders'  HTML     79K 
                Equity                                                           
22: R9          The Company and Basis of Presentation               HTML     42K 
23: R10         New Accounting Guidance and Adoption of New         HTML     47K 
                Accounting Guidance                                              
24: R11         Fair Value and Credit Risk of Financial             HTML     76K 
                Instruments                                                      
25: R12         Equity Compensation                                 HTML     72K 
26: R13         Variable Interest Entities                          HTML    133K 
27: R14         Private Education Loans                             HTML    102K 
28: R15         Goodwill and Intangibles                            HTML     84K 
29: R16         Debt                                                HTML     92K 
30: R17         Earnings Per Common Share                           HTML     40K 
31: R18         Employee Pension Benefits                           HTML     55K 
32: R19         Commitments and Contingencies                       HTML    301K 
33: R20         Risks and Uncertainties                             HTML     64K 
34: R21         Fair Value and Credit Risk of Financial             HTML     60K 
                Instruments (Tables)                                             
35: R22         Equity Compensation (Tables)                        HTML     77K 
36: R23         Variable Interest Entities (Tables)                 HTML     89K 
37: R24         Private Education Loans (Tables)                    HTML     81K 
38: R25         Goodwill and Intangibles (Tables)                   HTML     78K 
39: R26         Debt (Tables)                                       HTML     69K 
40: R27         Earnings Per Common Share (Tables)                  HTML     38K 
41: R28         Employee Pension Benefits (Tables)                  HTML     57K 
42: R29         Commitments and Contingencies (Tables)              HTML     72K 
43: R30         Business and Significant Accounting Policies -      HTML     56K 
                Additional Information (Detail)                                  
44: R31         Fair Value and Credit Risk of Financial             HTML     55K 
                Instruments - Fair Value Measurement of Financial                
                Assets (Detail)                                                  
45: R32         Fair Value and Credit Risk of Financial             HTML     89K 
                Instruments - Additional Information (Detail)                    
46: R33         Equity Compensation Plans - Stock-Based             HTML     40K 
                Compensation Expense and Related Income Tax                      
                Benefit (Detail)                                                 
47: R34         Equity Compensation Plans - Additional Information  HTML     37K 
                (Detail)                                                         
48: R35         Equity Compensation Plans - Stock Options Granted,  HTML     96K 
                Forfeited, Exercised and Expired (Detail)                        
49: R36         Equity Compensation Plans - Stock Options Granted   HTML     45K 
                and Exercised (Detail)                                           
50: R37         Equity Compensation Plans - Assumptions used to     HTML     40K 
                Estimate Grant Date Fair Value of Stock options                  
                (Detail)                                                         
51: R38         Equity Compensation Plans - Number of Restricted    HTML     53K 
                Stock Units (RSUs) Granted, Forfeited and Vested                 
                (Detail)                                                         
52: R39         Variable Interest Entities - Schedule of Carrying   HTML     56K 
                Value of Assets and Liabilities of PEAKS Trust                   
                (Detail)                                                         
53: R40         Variable Interest Entities - Schedule of Carrying   HTML     34K 
                Value of Assets and Liabilities of PEAKS Trust                   
                (Parenthetical) (Detail)                                         
54: R41         Variable Interest Entities - Schedule of Revenue    HTML     48K 
                and Expenses of PEAKS Trust (Detail)                             
55: R42         Variable Interest Entities - Guarantee and Other    HTML     34K 
                Payments Related to PEAKS Program (Detail)                       
56: R43         Variable Interest Entities - Schedule of Fair       HTML     60K 
                Value and Carrying Value of Assets and Liabilities               
                of the CUSO (Detail)                                             
57: R44         Variable Interest Entities - Schedule of Fair       HTML     34K 
                Value and Carrying Value of Assets and Liabilities               
                of the CUSO (Parenthetical) (Detail)                             
58: R45         Variable Interest Entities - Additional             HTML     40K 
                Information (Detail)                                             
59: R46         Variable Interest Entities - Schedule of Revenue    HTML     48K 
                and Expenses of CUSO (Detail)                                    
60: R47         Variable Interest Entities - Schedule of Payments   HTML     41K 
                Made to Entity Related to Guarantee Obligations                  
                (Detail)                                                         
61: R48         Variable Interest Entities - Schedule of Payments   HTML     37K 
                Made to Entity Related to Guarantee Obligations                  
                (Parenthetical) (Detail)                                         
62: R49         Private Education Loans - Additional Information    HTML     45K 
                (Detail)                                                         
63: R50         Private Education Loans - Schedule of Information   HTML     51K 
                Regarding Aggregate Changes in Accretable Yield                  
                (Detail)                                                         
64: R51         Private Education Loans - Schedule of Information   HTML     51K 
                Regarding Changes in Allowance for Loan Losses                   
                (Detail)                                                         
65: R52         Private Education Loans - Schedule of Information   HTML     32K 
                Regarding Changes in Allowance for Loan Losses                   
                (Parenthetical) (Detail)                                         
66: R53         Goodwill and Intangibles - Schedule of Carrying     HTML     52K 
                Value of Acquired Amortizable Intangible Assets                  
                (Detail)                                                         
67: R54         Goodwill and Intangibles - Additional Information   HTML     32K 
                (Detail)                                                         
68: R55         Goodwill and Intangibles - Estimated Amortization   HTML     40K 
                Expense of Intangible Assets (Detail)                            
69: R56         Goodwill and Intangibles - Schedule of Indefinite   HTML     52K 
                Lived Intangible Assets (Detail)                                 
70: R57         Debt - Term Loans - Additional Information          HTML     79K 
                (Detail)                                                         
71: R58         Debt - Outstanding Principal Balance, Debt          HTML     44K 
                Discount and Carrying Value of Financing Agreement               
                (Detail)                                                         
72: R59         Debt - Schedule of Principal Repayment under the    HTML     36K 
                Financing Agreement (Detail)                                     
73: R60         Debt - Total Amount of Interest Expense and Fees    HTML     33K 
                Recognized on Borrowing (Detail)                                 
74: R61         Debt - PEAKS Trust Senior Debt - Additional         HTML     76K 
                Information (Detail)                                             
75: R62         Debt - Estimated Principal Payments on the PEAKS    HTML     45K 
                Senior Debt in the Period (Detail)                               
76: R63         Debt - Total Amount of Interest Expense and         HTML     38K 
                Discount Accretion on PEAKS Senior Debt (Detail)                 
77: R64         Earnings Per Common Share - Historical Net Income   HTML     38K 
                and Weighted Average Number of Shares of Common                  
                Stock Outstanding (Detail)                                       
78: R65         Earnings Per Common Share - Additional Information  HTML     33K 
                (Detail)                                                         
79: R66         Employee Pension Benefits - Components of Net       HTML     43K 
                Periodic Pension Benefit of Pension Plan and                     
                Excess Pension Plan (Detail)                                     
80: R67         Employee Pension Benefits - Additional Information  HTML     43K 
                (Detail)                                                         
81: R68         Employee Pension Benefits - Schedule of Changes in  HTML     61K 
                Components of Accumulated Other Comprehensive                    
                Income (Loss) (Detail)                                           
82: R69         Employee Pension Benefits - Schedule of Net         HTML     37K 
                Periodic Pension Benefit and Related Statement of                
                Operations Line Item (Detail)                                    
83: R70         Commitments and Contingencies - Additional          HTML    227K 
                Information (Detail)                                             
84: R71         Commitments and Contingencies - Amounts of          HTML     37K 
                Recorded Liability Related to Claims and                         
                Contingencies (Detail)                                           
85: R72         Commitments and Contingencies - Activity With       HTML     37K 
                Respect to Claims and Contingencies (Detail)                     
86: R73         Commitments and Contingencies - Historical and      HTML     47K 
                Projected Performance and Collections of the CUSO                
                Student Loans under the CUSO RSA (Detail)                        
87: R74         Commitments and Contingencies - Aggregate Amount    HTML     47K 
                of Guarantee Payments (Detail)                                   
88: R75         Commitments and Contingencies - Aggregate Amount    HTML     37K 
                of Guarantee Payments (Parenthetical) (Detail)                   
89: R76         Risks and Uncertainties - Additional Information    HTML     79K 
                (Detail)                                                         
91: XML         IDEA XML File -- Filing Summary                      XML    172K 
90: EXCEL       IDEA Workbook of Financial Reports                  XLSX    112K 
 8: EX-101.INS  XBRL Instance -- esi-20160630                        XML   2.32M 
10: EX-101.CAL  XBRL Calculations -- esi-20160630_cal                XML    256K 
11: EX-101.DEF  XBRL Definitions -- esi-20160630_def                 XML    707K 
12: EX-101.LAB  XBRL Labels -- esi-20160630_lab                      XML   1.35M 
13: EX-101.PRE  XBRL Presentations -- esi-20160630_pre               XML   1.10M 
 9: EX-101.SCH  XBRL Schema -- esi-20160630                          XSD    239K 
92: ZIP         XBRL Zipped Folder -- 0001193125-16-663358-xbrl      Zip    231K 


‘EX-32.2’   —   Certification — §906 – SOA’02


This Exhibit is an HTML Document rendered as filed.  [ Alternative Formats ]



  EX-32.2  

Exhibit 32.2

CERTIFICATION PURSUANT TO

18 U.S.C. SECTION 1350,

AS ADOPTED PURSUANT TO

SECTION 906 OF THE SARBANES-OXLEY ACT OF 2002

In connection with the Quarterly Report of ITT Educational Services, Inc. (the “Company”) on Form 10-Q for the period ending June 30, 2016 as filed with the Securities and Exchange Commission (the “Report”), I, Rocco F. Tarasi, III, Chief Financial Officer of the Company, certify, pursuant to 18 U.S.C. § 1350, as adopted pursuant to § 906 of the Sarbanes-Oxley Act of 2002, that:

 

  (1) The Report fully complies with the requirements of section 13(a) or 15(d) of the Securities Exchange Act of 1934; and

 

  (2) The information contained in the Report fairly presents, in all material respects, the financial condition and results of operations of the Company.

 

/s/ Rocco F. Tarasi, III

Chief Financial Officer
July 29, 2016

Dates Referenced Herein   and   Documents Incorporated by Reference

This ‘10-Q’ Filing    Date    Other Filings
Filed on:7/29/164,  SC 13D/A
For Period end:6/30/16
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Filing Submission 0001193125-16-663358   –   Alternative Formats (Word / Rich Text, HTML, Plain Text, et al.)

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