Segment Information (Tables)

9 Months Ended

Sep. 30, 2016

A summary of financial information by reportable segment is as follows (unaudited):



	Three Months Ended September 30,					Nine Months Ended September 30,
	2016			2015		2016			2015
	(In thousands)
Revenue:
American Public Education Segment	$	67,065		$	69,233	$	212,859		$	219,263
Hondros College of Nursing Segment	6,738			7,058		21,655			22,735
Total Revenue	$	73,803		$	76,291	$	234,514		$	241,998
Depreciation and amortization:
American Public Education Segment	$	4,550		$	4,558	$	13,619		$	13,297
Hondros College of Nursing Segment	360			333		1,005			881
Total Depreciation and amortization	$	4,910		$	4,891	$	14,624		$	14,178
Income (loss) from continuing operations before interest income and income taxes:
American Public Education Segment	$	5,659		$	10,049	$	31,211		$	34,179
Hondros College of Nursing Segment	(5,267		)	463		(4,189		)	2,380
Total income (loss) from continuing operations before interest income and income taxes	$	392		$	10,512	$	27,022		$	36,559
Interest income, net:
American Public Education Segment	$	37		$	37	$	111		$	78
Hondros College of Nursing Segment	—			—		—			—
Total Interest income, net	$	37		$	37	$	111		$	78
Income Tax expense (benefit):
American Public Education Segment	$	2,100		$	3,634	$	12,111		$	13,071
Hondros College of Nursing Segment	(2,015		)	162		(1,587		)	923
Total Income Tax expense (benefit)	$	85		$	3,796	$	10,524		$	13,994
Capital expenditures:
American Public Education Segment	$	2,694		$	6,314	$	8,992		$	18,448
Hondros College of Nursing Segment	72			487		678			1,116
Total Capital expenditures	$	2,766		$	6,801	$	9,670		$	19,564

A summary of the Company’s consolidated assets by reportable segment is as follows (current period unaudited):



	As of September 30, 2016		As of December 31, 2015
	(Unaudited)
	(In thousands)
Assets:
American Public Education Segment	$	264,230	$	250,118
Hondros College of Nursing Segment	49,094		53,778
Total Assets	$	313,324	$	303,896