Item 2.02 Results of Operations and Financial Condition.

On October 24, 2012, Ambassadors Group, Inc. (the "Registrant") issued a press release announcing the Registrant's earnings for the quarter ended September 30, 2012. A copy of the press release is furnished herewith as Exhibit 99.1 and incorporated by reference herein in its entirety.

The information in this report (including Exhibit 99.1) is being furnished pursuant to Item 2.02 and shall not be deemed to be "filed" for purposes of
Section 18 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), or otherwise subject to the liabilities of that section, nor shall it be deemed to be incorporated by reference in any filing under the Securities Act of 1933, as amended or the Exchange Act.

Item 8.01. Other Events.

On October 18, 2012, the Board of Directors of the Registrant declared a special cash dividend of $0.50 per share. The dividend is payable on November 22, 2012 to stockholders of record on November 6, 2012. Also on October 18, 2012, the Board of Directors of the Registrant authorized an approximately $2.7 million increase in the funds which the Company may spend under the Company's stock repurchase plan from $70.0 million to approximately $72.7 million. Of the approximately $72.7 million available for repurchase, the Company has expended approximately $56.5 million. Approximately $16.2 million remains available for repurchase under the stock repurchase plan.

On October 24, 2012, the Registrant issued a press release announcing the declaration of the special cash dividend and the increase to the Registrant's stock repurchase plan.

Item 9.01 Financial Statements and Exhibits.

(d) Exhibits

Exhibit 99.1: Press Release, dated October 24, 2012

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