Segment Information (Tables)

9 Months Ended

Sep. 30, 2017

Segment Reporting [Abstract]

Summary of financial information by reportable segment

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

	Three Months Ended September 30,					Nine Months Ended September 30,
	2017		2016			2017		2016
	(In thousands)
Revenue:
American Public Education Segment	$	64,885	$	67,065		$	197,318	$	212,859
Hondros College of Nursing Segment	8,394		6,738			23,845		21,655
Total Revenue	$	73,279	$	73,803		$	221,163	$	234,514
Depreciation and amortization:
American Public Education Segment	$	4,335	$	4,550		$	13,117	$	13,619
Hondros College of Nursing Segment	355		360			1,043		1,005
Total Depreciation and amortization	$	4,690	$	4,910		$	14,160	$	14,624
Income from operations before interest income and income taxes:
American Public Education Segment	$	6,855	$	5,659		$	20,445	$	31,211
Hondros College of Nursing Segment	744		(5,267		)	1,779		(4,189		)
Total Income from operations before interest income and income taxes	$	7,599	$	392		$	22,224	$	27,022
Interest income, net:
American Public Education Segment	$	17	$	37		$	43	$	111
Hondros College of Nursing Segment	—		—			—		—
Total Interest income, net	$	17	$	37		$	43	$	111
Income tax expense:
American Public Education Segment	$	3,007	$	2,100		$	8,975	$	12,111
Hondros College of Nursing Segment	287		(2,015		)	693		(1,587		)
Total Income tax expense	$	3,294	$	85		$	9,668	$	10,524
Capital expenditures:
American Public Education Segment	$	2,645	$	2,694		$	6,187	$	8,992
Hondros College of Nursing Segment	109		72			348		678
Total Capital expenditures	$	2,754	$	2,766		$	6,535	$	9,670

Summary of consolidated assets by reportable segment

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

	As of September 30, 2017		As of December 31, 2016
	(In thousands)
Assets:
American Public Education Segment	$	280,431	$	267,260
Hondros College of Nursing Segment	49,470		48,360
Total Assets	$	329,901	$	315,620