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Segment Information
12 Months Ended
Dec. 31, 2021
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.

     Year Ended December 31,
 
 
2021
   
2020
   
2019
 
   
         
 
Net operating revenue:
                 
Physical therapy operations
 
$
451,122
   
$
383,770
   
$
444,507
 
Industrial injury prevention services
   
43,900
     
39,199
     
37,462
 
Total Company
 
$
495,022
   
$
422,969
   
$
481,969
 
 
                       
Gross profit:
                       
Physical therapy operations (excluding closure costs) (a non-GAAP measure)
 
$
106,518
   
$
88,295
   
$
104,120
 
Industrial injury prevention services
   
10,694
     
10,086
     
8,379
 
 
 
$
117,212
   
$
98,381
   
$
112,499
 
Physical therapy operations - closure costs
   
30
     
3,931
     
25
 
Gross profit
 
$
117,182
   
$
94,450
   
$
112,474
 
 
                       
Total Assets:
                       
Physical therapy operations
 
$
587,801
   
$
499,911
   
$
518,027
 
Industrial injury prevention services
   
161,625
     
94,450
     
112,474
 
Total Company
 
$
749,426
   
$
594,361
   
$
630,501