Quarterly report pursuant to Section 13 or 15(d)

Segment Information (Tables)

v3.19.2
Segment Information (Tables)
6 Months Ended
Jun. 30, 2019
Segment Reporting [Abstract]  
Schedule of percentage of total revenue
    Three Months Ended
June 30,
    Six Months Ended
June 30,
 
As a percentage of total revenue   2019     2018     2019     2018  
North America     59.0 %     52.5 %     60.0 %     57.3 %
U.K.     20.7 %     23.6 %     22.2 %     22.0 %
Other foreign markets     20.3 %     23.9 %     17.8 %     20.7 %
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   2019     2018     2019     2018  
    (In thousands)     (In thousands)  
North America   $ 13,980     $ 13,237     $ 28,967     $ 29,186  
U.K.     4,898       5,944       10,702       11,209  
Other foreign markets     4,820       6,041       8,605       10,582  
Total consolidated revenue   $ 23,698     $ 25,222     $ 48,274     $ 50,977  

 

    Three Months Ended
June 30,
    Six Months Ended
June 30,
 
Segment gross profit contribution *   2019     2018     2019     2018  
  (In thousands)     (In thousands)  
North America   $ 3,472     $ (459 )   $ 7,767     $ 3,397  
U.K.     565       1,719       1,455       2,846  
Other foreign markets     451       914       (37 )     344  
Total consolidated gross profit   $ 4,488     $ 2,174     $ 9,185     $ 6,587  

 

* 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
June 30,
    Six Months Ended
June 30,
 
Depreciation and amortization expenses   2019     2018     2019     2018  
  (In thousands)     (In thousands)  
North America   $ 41     $ 28     $ 72     $ 53  
U.K.     18       10       28       14  
Other foreign markets     1       3       2       3  
Total consolidated depreciation and amortization expenses   $ 60     $ 41     $ 102     $ 70  
Schedule of segment identifiable assets
  June 30,     December 31,  
Segment identifiable assets   2019     2018  
  (In thousands)  
North America   $ 15,399     $ 11,566  
U.K.     8,547       4,956  
Other foreign markets     3,589       4,038  
Total consolidated identifiable assets   $ 27,535     $ 20,560