Quarterly report pursuant to Section 13 or 15(d)

Segment Information (Tables)

v3.19.1
Segment Information (Tables)
 3 Months Ended
Mar. 31, 2019
Segment Reporting [Abstract]  
Schedule of percentage of total revenue
    Three Months Ended March 31,  
    2019     2018  
As a percentage of total revenue            
North America     61.0 %     62.0 %
U.K.     23.6 %     20.4 %
Other foreign markets     15.4 %     17.6 %
Total consolidated revenue     100 %     100 %
Schedule of operating results for the segments
    Three Months Ended March 31,  
    2019     2018  
Segment revenue   (In thousands)  
North America   $ 14,987     $ 15,949  
U.K.     5,804       5,265  
Other foreign markets     3,785       4,541  
Total consolidated revenue   $ 24,576     $ 25,755  

 

    Three Months Ended March 31,  
    2019     2018  
Segment gross profit contribution *   (In thousands)  
North America   $ 4,295     $ 3,856  
U.K.     890       1,127  
Other foreign markets     (488 )     (570 )
Total consolidated gross profit   $ 4,697     $ 4,413  

 

* 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,  
    2019     2018  
Depreciation and amortization expenses   (In thousands)  
North America   $ 31     $ 25  
U.K.     10       4  
Other foreign markets     1       —  
Total consolidated depreciation and amortization expenses   $ 42     $ 29  
Schedule of segment identifiable assets

 

    March 31,     December 31,  
    2019     2018  
Segment identifiable assets   (In thousands)  
North America   $ 13,258     $ 11,566  
U.K.     8,941       4,956  
Other foreign markets     4,677       4,038  
Total consolidated identifiable assets   $ 26,876     $ 20,560