The Advanced Thin Ionization Calorimeter (ATIC) experiment is designed to measure the composition and energy spectra of Z = 1 to 28 cosmic rays over the energy range of approximately 10 GeV - 100 TeV. ATIC is comprised of an eight-layer, 18 radiation length deep Bismuth Germanate (BGO) calorimeter, downstream of a 0.75 nuclear interaction length graphite target and an approximately 1 sq m finely segmented silicon charge detector. Interleaved with the graphite layers are three scintillator strip hodoscopes for pre-triggering and tracking. ATIC flew for the first time on a Long Duration Balloon (LDB) launched from McMurdo, Antarctica in January 2001. During its 16-day flight ATIC collected more than 30 million science events, along with housekeeping, calibration, and rate data. This presentation will describe the ATIC data processing, including calibration and efficiency corrections, and show results from analysis of this dataset. The next launch is planned for December 2002.