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Segment Information (Tables)

6 Months Ended

Jun. 30, 2024

Segment Information [Abstract]

Selected Financial Data for Reportable Segments

The following table summarizes selected financial data for the Company’s reportable segments:

		For the Three Months Ended								For the Six Months Ended
		June 30, 2024				June 30, 2023				June 30, 2024				June 30, 2023
		(In thousands)								(In thousands)
Net revenue:
Physical therapy operations		$	143,486			$	132,239			$	277,911			$	261,398
Industrial injury prevention services			23,704				19,246				44,954				38,596
Total Company		$	167,190			$	151,485			$	322,865			$	299,994
Operating Costs:
Salaries and related costs:
Physical therapy operations		$	81,452			$	74,394			$	161,226			$	148,281
Industrial injury prevention services			14,882				12,477				28,839				24,630
Total salaries and related costs		$	96,334			$	86,871			$	190,065			$	172,911
Rent supplies, contract labor and other:
Physical therapy operations		$	31,534			$	28,060			$	60,494			$	54,732
Industrial injury prevention services			3,743				2,784				6,699				6,212
Total rent, supplies, contract labor and other		$	35,277			$	30,844			$	67,193			$	60,944
Provision for credit losses:
Physical therapy operations		$	1,717			$	1,563			$	3,344			$	3,075
Industrial injury prevention services			-				-				-				-
Total provision for credit losses		$	1,717			$	1,563			$	3,344			$	3,075
Total Company		$	133,328			$	119,278			$	260,602			$	236,930
Gross profit:
Physical therapy operations		$	28,783			$	28,222			$	52,847			$	55,310
Industrial injury prevention services			5,079				3,985				9,416				7,754
Total Company		$	33,862			$	32,207			$	62,263			$	63,064

		As of
		June 30, 2024				June 30, 2023
Total Assets:
Physical therapy operations		$	853,045			$	849,907
Industrial injury prevention services			170,089				149,674
Total Company		$	1,023,134			$	999,581

X

- Definition

Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 25
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-25

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 22
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-22

Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 30
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-30

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X

- References

No definition available.

+ Details

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