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SEGMENT INFORMATION
9 Months Ended
Sep. 30, 2020
SEGMENT INFORMATION [Abstract]  
SEGMENT INFORMATION
12. SEGMENT INFORMATION

The Company’s reportable segments include the physical therapy operations segment and the industrial injury prevention services segment. Included in the physical therapy operations segment are revenues from management contract services and other services which include services the Company provides on-site, such as schools for athletic trainers.

The Company evaluates performance of the segments based on gross profit. The Company has provided additional information regarding its reportable segments which contributes to the understanding of the Company and provides useful information.

The following table summarizes selected financial data for the Company’s reportable segments. Prior year results presented herein have been changed to conform to the current presentation.

 
Three Months Ended
   
Nine Months Ended
 
   
September 30, 2020
   
September 30, 2019
   
September 30, 2020
   
September 30, 2019
 
   
(in thousands)
   
(in thousands)
 
Net operating revenues:
                       
Physical therapy operations
 
$
98,914
   
$
107,303
   
$
275,954
   
$
332,719
 
Industrial injury prevention services
   
10,015
     
9,948
     
29,549
     
27,136
 
Total Company
 
$
108,929
   
$
117,251
   
$
305,503
   
$
359,855
 
 
                               
Gross profit:
                               
Physical therapy operations (excluding closure costs)
 
$
27,568
   
$
25,399
   
$
61,546
   
$
79,009
 
Industrial injury prevention services
   
2,868
     
1,976
     
7,711
     
6,518
 
 
 
$
30,436
   
$
27,375
   
$
69,257
   
$
85,527
 
Physical therapy operations - closure costs
   
79
     
3
     
3,925
     
12
 
Gross profit
 
$
30,357
   
$
27,372
   
$
65,332
   
$
85,515
 
 
                               
Total Assets:
                               
Physical therapy operations
                 
$
524,658
   
$
512,657
 
Industrial injury prevention services
                   
50,780
     
48,188
 
Total Company
                 
$
575,438
   
$
560,845