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Segment Information
 12 Months Ended
Dec. 31, 2016
Segment Reporting [Abstract]  
Segment Information
Segment Information
The Company has two operating segments that are managed in the following reportable segments:
•American Public Education Segment, or APEI Segment, and
•Hondros College of Nursing Segment, or HCON Segment.

In accordance with FASB ASC Topic 280, Segment Reporting, the chief operating decision-maker has been identified as the Chief Executive Officer. The Chief Executive Officer reviews operating results to make decisions about allocating resources and assessing performance for APEI and HCON.
A summary of financial information by reportable segment is as follows (in thousands):
 
Year Ended December 31,

2014
 
2015
 
2016
Revenue
 
 
 
 
 
   American Public Education Segment
$
319,879

 
$
297,439

 
$
283,941

   Hondros College of Nursing Segment
30,141

 
30,471

 
29,198

Total Revenue
$
350,020

 
$
327,910

 
$
313,139

Depreciation and Amortization
 
 
 
 
 
   American Public Education Segment
$
14,859

 
$
19,337

 
$
18,029

   Hondros College of Nursing Segment
1,262

 
1,183

 
1,355

Total Depreciation and Amortization
$
16,121

 
$
20,520

 
$
19,384

Income from continuing operations before interest income and income taxes
 
 
 
 
 
   American Public Education Segment
$
62,499

 
$
48,967

 
$
41,916

   Hondros College of Nursing Segment
3,333

 
3,314

 
(3,640
)
Total income from continuing operations before interest income and income taxes
$
65,832

 
$
52,281

 
$
38,276

Interest Income, Net

 

 

   American Public Education Segment
$
361

 
$
115

 
$
116

   Hondros College of Nursing Segment
—

 
—

 
—

Total Interest Income, Net
$
361

 
$
115

 
$
116

Income Tax Expense

 

 

   American Public Education Segment
$
23,861

 
$
18,788

 
$
16,322

   Hondros College of Nursing Segment
1,289

 
1,284

 
(1,382
)
Total Income Tax Expense
$
25,150

 
$
20,072

 
$
14,940

Capital Expenditures
 
 
 
 
 
   American Public Education Segment
$
24,273

 
$
24,541

 
$
12,912

   Hondros College of Nursing Segment
323

 
1,461

 
914

Total Capital Expenditures
$
24,596

 
$
26,002

 
$
13,826



A summary of the Company’s consolidated assets by reportable segment is as follows (in thousands):

 
As of December 31,

2015
 
2016
Assets
 
 
 
   American Public Education Segment
$
245,649

 
$
271,436

   Hondros College of Nursing Segment
53,778

 
49,276

Total Assets
$
299,427

 
$
320,712