XML 28 R17.htm IDEA: XBRL DOCUMENT v3.21.1
SEGMENT INFORMATION
 3 Months Ended
Mar. 31, 2021
SEGMENT INFORMATION [Abstract]  
SEGMENT INFORMATION
11. 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 athletic trainers for schools.

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 March 31,
  
   
2021
    
2020
  
   
(in thousands)
        
Net operating revenues:
            
Physical therapy operations
  
$
102,359
    
$
102,841
  
Industrial injury prevention services
    
10,009
      
9,876
  
Total Company
  
$
112,368
    
$
112,717
  
 
                
Gross profit:
                
Physical therapy operations (excluding closure costs)
  
$
23,211
    
$
17,779
  
Industrial injury prevention services
    
2,722
      
1,664
  
 
  
$
25,933
    
$
19,443
  
Physical therapy operations - closure costs
    
37
      
3,752
  
Gross profit
  
$
25,896
    
$
15,691
  
 
                
Total Assets:
                
Physical therapy operations
  
$
554,320
    
$
550,231
  
Industrial injury prevention services
    
44,070
      
44,130
  
Total Company
  
$
598,390
    
$
594,361