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Segment Information
3 Months Ended
Dec. 31, 2020
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 investment 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.
Summary information by reportable segment was as follows:
Postsecondary EducationOther Consolidated
Three Months Ended December 31, 2020
Revenues$73,560 $2,565 $76,125 
Income (loss) from operations1,104 (329)775 
Depreciation and amortization (1)
3,258 24 3,282 
Net income (loss)1,412 (329)1,083 
Postsecondary EducationOther Consolidated
Three Months Ended December 31, 2019
Revenues$83,320 $3,914 $87,234 
Income (loss) from operations4,601 (347)4,254 
Depreciation and amortization (2)
2,971 42 3,013 
Net income (loss)5,031 (347)4,684 
As of December 31, 2020
Total assets$428,295 $6,292 $434,587 
As of September 30, 2020
Total assets$435,144 $6,837 $441,981 

(1) Includes depreciation of training equipment obtained in exchange for services of $0.3 million for the three months ended December 31, 2020.
(2) Excludes depreciation of training equipment obtained in exchange for services of $0.3 million for the three months ended December 31, 2019.