Quarterly report pursuant to Section 13 or 15(d)

Segment Information (Tables)

v3.10.0.1
Segment Information (Tables)
6 Months Ended
Jun. 30, 2018
Segment Reporting [Abstract]  
Schedule of percentage of total revenue

    Three Months Ended
June 30,
    Six Months Ended
June 30,
 
    2018     2017     2018     2017  
As a percentage of total revenue                        
North America     52.5 %     58.2 %     57.3 %     58.0 %
U.K.     23.6 %     22.1 %     22.0 %     23.1 %
Other foreign markets     23.9 %     19.7 %     20.7 %     18.9 %
Total consolidated revenue     100 %     100 %     100 %     100 %

Schedule of operating results for the segments

    Three Months Ended
June 30,
    Six Months Ended
June 30,
 
Segment revenue   2018     2017     2018     2017  
(In thousands)                        
North America   $ 13,237     $ 15,262     $ 29,186     $ 27,944  
U.K.     5,944       5,786       11,209       11,141  
Other foreign markets     6,041       5,160       10,582       9,088  
Total consolidated revenue   $ 25,222     $ 26,208     $ 50,977     $ 48,173  

 

    Three Months Ended
June 30,
    Six Months Ended
June 30,
 
Segment gross profit contribution *   2018     2017     2018     2017  
(In thousands)                        
North America   $ (459 )   $ 2,961     $ 3,397     $ 4,514  
U.K.     1,719       2,023       2,846       3,793  
Other foreign markets     914       1,234       344       1,529  
Total consolidated gross profit   $ 2,174     $ 6,218     $ 6,587     $ 9,836  

 

* 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
June 30,
    Six Months Ended
June 30,
 
Depreciation and amortization expenses   2018     2017     2018     2017  
(In thousands)                        
North America   $ 28     $ 27     $ 53     $ 56  
U.K.     10       5       14       9  
Other foreign markets     3             3        
Total consolidated depreciation and amortization expenses   $ 41     $ 32     $ 70     $ 65  

Schedule of segment identifiable assets
    June 30,     December 31,  
Segment identifiable assets   2018     2017  
(In thousands)      
North America   $ 10,449     $ 15,364  
U.K.     6,384       9,090  
Other foreign markets     5,583       2,566  
Total consolidated identifiable assets   $ 22,416     $ 27,020