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Segment Information
 12 Months Ended
Dec. 31, 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. Also 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.

   
December 31,
    
December 31,
    
December 31,
  
 
2020
    
2019
    
2018
  
   
(in thousands)
          
(in thousands)
  
Net operating revenues:
                  
Physical therapy operations
  
$
383,770
    
$
444,507
    
$
428,445
  
Industrial injury prevention services
    
39,199
      
37,462
      
25,466
  
Total Company
  
$
422,969
    
$
481,969
    
$
453,911
  
 
                        
Gross profit:
                        
Physical therapy operations (excluding closure costs)
  
$
88,295
    
$
104,120
    
$
96,463
  
Industrial injury prevention services
    
10,086
      
8,379
      
5,192
  
 
  
$
98,381
    
$
112,499
    
$
101,655
  
Physical therapy operations - closure costs
    
3,931
      
25
      
(8
)
Gross profit
  
$
94,450
    
$
112,474
    
$
101,663
  
 
                        
Total Assets:
                        
Physical therapy operations
  
$
550,181
    
$
518,027
    
$
421,474
  
Industrial injury prevention services
    
44,180
      
42,818
      
21,692
  
Total Company
  
$
594,361
    
$
560,845
    
$
443,166