Quarterly report pursuant to Section 13 or 15(d)

Segment Information (Tables)

v3.19.3
Segment Information (Tables)
 9 Months Ended
Sep. 30, 2019
Segment Reporting [Abstract]  
Schedule of percentage of total revenue
    Three Months Ended
September 30,		     Nine Months Ended
September 30,		  
As a percentage of total revenue     2019     2018     2019     2018  
North America     55.7 %     56.1 %     58.5 %     56.9 %
U.K.     18.6 %     23.0 %     20.9 %     22.3 %
Other foreign markets     25.7 %     20.9 %     20.6 %     20.8 %
Total consolidated revenue     100.0 %     100.0 %     100.0 %     100.0 %
Schedule of operating results for the segments
    Three Months Ended
September 30,		     Nine Months Ended
September 30,		  
  2019     2018     2019     2018  
Segment revenue   (In thousands)     (In thousands)  
North America   $ 14,452     $ 12,662     $ 43,419     $ 41,848  
U.K.     4,816       5,191       15,518       16,400  
Other foreign markets     6,668       4,704       15,273       15,286  
Total consolidated revenue   $ 25,936     $ 22,557     $ 74,210     $ 73,534  

  

    Three Months Ended
September 30,		     Nine Months Ended
September 30,		  
    2019     2018     2019     2018  
Segment gross profit contribution *   (In thousands)     (In thousands)  
North America   $ 2,559     $ 1,621     $ 10,326     $ 5,018  
U.K.     378       845       1,833       3,691  
Other foreign markets     2,611       299       2,574       643  
Total consolidated gross profit   $ 5,548     $ 2,765     $ 14,733     $ 9,352  

 

* Segment gross profit is calculated as revenue less direct course expenses, advertising and sales expenses and royalty expenses.
Schedule of depreciation and amortization expenses
    Three Months Ended
September 30,		     Nine Months Ended
September 30,		  
    2019     2018     2019     2018  
Depreciation and amortization expenses   (In thousands)     (In thousands)  
North America   $ 24     $ 26     $ 96     $ 79  
U.K.     13       11       41       25  
Other foreign markets     1       1       3       4  
Total consolidated depreciation and amortization expenses   $ 38     $ 38     $ 140     $ 108  
Schedule of segment identifiable assets
    September 30,     December 31,  
    2019     2018  
Segment identifiable assets   (In thousands)  
North America   $ 16,433     $ 11,566  
U.K.     9,106       4,956  
Other foreign markets     4,271       4,038  
Total consolidated identifiable assets   $ 29,810     $ 20,560