Quarterly report pursuant to Section 13 or 15(d)

Segment Information (Tables)

v3.8.0.1
Segment Information (Tables)
3 Months Ended
Mar. 31, 2018
Segment Reporting [Abstract]  
Schedule of percentage of total revenue
      Three Months Ended
March 31,
 
      2018     2017  
  As a percentage of total revenue          
  North America     62.0 %     57.7 %
  U.K.     20.4 %     24.4 %
  Other foreign markets     17.6 %     17.9 %
  Total consolidated revenue     100 %     100 %
Schedule of operating results for the segments

      Three Months Ended
March 31,
 
  Segment revenue   2018     2017  
  (In thousands)          
  North America   $ 15,949     $ 12,682  
  U.K.     5,265       5,355  
  Other foreign markets     4,541       3,928  
  Total consolidated revenue   $ 25,755     $ 21,965  

 

      Three Months Ended
March 31,
 
  Segment gross profit contribution *   2018     2017  
  (In thousands)          
  North America   $ 3,856     $ 1,553  
  U.K.     1,127       1,770  
  Other foreign markets     (570 )     295  
  Total consolidated gross profit   $ 4,413     $ 3,618  

 

* Segment gross profit is calculated as revenue less direct course expenses, advertising and sales expenses and royalty expense.
Schedule of depreciation and amortization expenses
      Three Months Ended
March 31,
 
  Depreciation and amortization expenses   2018     2017  
  (In thousands)          
  North America   $ 25     $ 29  
  U.K.     4       4  
  Other foreign markets             —          —  
  Total consolidated depreciation and amortization expenses   $ 29     $ 33  
Schedule of segment identifiable assets
      March 31,     December 31,  
  Segment identifiable assets   2018     2017  
  (In thousands)            
  North America   $ 15,832     $ 15,364  
  U.K.     7,681       9,090  
  Other foreign markets     5,273       2,566  
  Total consolidated identifiable assets   $ 28,786     $ 27,020