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Segment Information
12 Months Ended
Sep. 30, 2018
Segment Reporting [Abstract]  
Segment Information
Segment Information
Our principal business is providing postsecondary education. We also provide manufacturer-specific training and these operations are managed separately from our campus operations. These operations do not currently meet the quantitative criteria for segments and therefore are reflected in the Other category. Our equity method investments and other non-Postsecondary Education operations are also included within the Other category. Corporate expenses are allocated to Postsecondary education and the Other category based on compensation expense. Depreciation and amortization includes amortization of assets subject to financing obligation.
Summary information by reportable segment is as follows:
 
 
Year Ended September 30,
 
 
2018
 
2017
 
2016
Revenues
 
 
 
 
 
 
Postsecondary education
 
$
300,753

 
$
308,884

 
$
334,156

Other
 
16,218

 
16,273

 
12,990

Intersegment eliminations
 
(6
)
 
(894
)
 

Consolidated
 
$
316,965

 
$
324,263

 
$
347,146

Loss from operations
 
 
 
 
 
 
Postsecondary education
 
$
(31,707
)
 
$
(315
)
 
$
(13,980
)
Other
 
(3,568
)
 
(1,509
)
 
(4,643
)
Consolidated
 
$
(35,275
)
 
$
(1,824
)
 
$
(18,623
)
Depreciation and amortization (1)
 
 
 
 
 
 
Postsecondary education
 
$
14,978

 
$
16,502

 
$
17,222

Other
 
710

 
384

 
527

Consolidated
 
$
15,688

 
$
16,886

 
$
17,749

Net income (loss)
 
 
 
 
 
 
Postsecondary education
 
$
(29,713
)
 
$
(8,422
)
 
$
(44,467
)
Other
 
(2,969
)
 
294

 
(3,229
)
Consolidated
 
$
(32,682
)
 
$
(8,128
)
 
$
(47,696
)
 
 
 
 
 
 
 
 
 
As of September 30,
 
 
2018
 
2017
 
2016
Goodwill
 
 
 
 
 
 
Postsecondary education
 
$
8,222

 
$
8,222

 
$
8,222

Other
 

 
783

 
783

Consolidated
 
$
8,222

 
$
9,005

 
$
9,005

Total assets
 
 
 
 
 
 
Postsecondary education
 
$
275,427

 
$
266,370

 
$
289,688

Other
 
6,851

 
7,732

 
7,471

Consolidated
 
$
282,278

 
$
274,102

 
$
297,159


(1) Excludes depreciation of training equipment obtained in exchange for services of $1.4 million, $1.3 million and $1.3 million for the years ended September 30, 2018, 2017 and 2016, respectively.