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Segment Information (Tables)
6 Months Ended
Jun. 30, 2020
Segment Reporting [Abstract]  
Summary of financial information by reportable segment A summary of financial information by reportable segment is as follows (in thousands):
Three Months Ended June 30,Six Months Ended June 30,
2020201920202019
(Unaudited)(Unaudited)
Revenue:
American Public Education Segment
$73,547  $63,448  $140,641  $129,169  
Hondros College of Nursing Segment
8,602  7,141  16,141  14,888  
 Intersegment elimination(22) (29) (39) (56) 
Total Revenue$82,127  $70,560  156,743  $144,001  
Depreciation and amortization:
American Public Education Segment
$3,221  $3,688  $6,415  $7,470  
Hondros College of Nursing Segment
170  255  314  524  
Total Depreciation and amortization$3,391  $3,943  6,729  $7,994
Income (loss) from operations before interest income and income taxes:
American Public Education Segment
$9,077  $6,589  $12,655  $14,111  
Hondros College of Nursing Segment
(35) (910) (921) (7,056) 
 Intersegment elimination(1) (1) —   
Total income from operations before interest income and income taxes
$9,041  $5,678  11,734  $7,060  
Interest income, net:
American Public Education Segment
$177  $1,123  867  $2,170  
Hondros College of Nursing Segment
 12  14  18  
Total Interest income, net$179  $1,135  881  $2,188  
Income tax expense (benefit):
American Public Education Segment
$2,537  $2,132  3,752  $3,798  
Hondros College of Nursing Segment
(5) (234) (246) (1,963) 
Total Income tax expense (benefit)$2,532  $1,898  3,506  $1,835  
Capital expenditures:
American Public Education Segment
$999  $1,229  $2,744  $2,574  
Hondros College of Nursing Segment
25  143  149  383  
Total Capital expenditures$1,024  $1,372  2,893  $2,957
Summary of consolidated assets by reportable segment
A summary of the Company’s consolidated assets by reportable segment is as follows (in thousands):
As of June 30, 2020As of December 31, 2019
(Unaudited)
Assets:
American Public Education Segment
$312,479  $305,896  
Hondros College of Nursing Segment
49,222  49,001  
Total Assets$361,701  $354,897