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Company Description (as filed with the SEC)
We commenced our business in China in July 2000. We incorporated China Distance Education Holdings Limited, or CDEL Cayman, in the Cayman Islands in January 2008. CDEL Cayman became our ultimate holding company in March 2008 after a series of restructurings in connection with our initial public offering in August 2008. For additional information on our organizational structure, see "Item 4.C. Information on the Company -- Organizational Structure." We incurred capital expenditures of $2.7 million, $2.8 million and $2.0 million in the fiscal years ended September 30, 2014, 2013 and 2012, respectively. The amount of capital expenditures in the fiscal year ended September 30, 2014 related primarily to our expenditures on property, plant and equipment, and software. These capital expenditures were funded from our operating cash flow. For additional information on our capital expenditures, see Item "5.B. ... More ...
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