14.	SEGMENT REPORTING

We operate our business in three reportable segments: (a) the Transportation and Skilled Trades segment; (b) the Healthcare and Other Professions segment; and (c) the Transitional segment. Our reportable segments have been determined based on a method by which we now evaluate performance and allocate resources. Each reportable segment represents a group of post-secondary education providers that offer a variety of degree and non-degree academic programs. These segments are organized by key market segments to enhance operational alignment within each segment to more effectively execute our strategic plan. Each of the Company’s schools is a reporting unit and an operating segment. Our operating segments are described below.

Transportation and Skilled Trades – The Transportation and Skilled Trades segment offers academic programs mainly in the career-oriented disciplines of transportation and skilled trades (e.g. automotive, diesel, HVAC, welding and manufacturing).

Healthcare and Other Professions – The Healthcare and Other Professions segment offers academic programs in the career-oriented disciplines of health sciences, hospitality and business and information technology (e.g. dental assistant, medical assistant, practical nursing, culinary arts and cosmetology).

Transitional – The Transitional segment refers to our campus operations which have been closed prior to 2019. The schools in the Transitional segment employed a gradual teach-out process that enabled the schools to continue to operate to allow their current students to complete their course of study.

The Company continually evaluates each campus for profitability, earning potential, and customer satisfaction. This evaluation takes several factors into consideration, including the campus’s geographic location and program offerings, as well as skillsets required of our students by their potential employers. The purpose of this evaluation is to ensure that our programs provide our students with the best possible opportunity to succeed in the marketplace with the goals of attracting more students to our programs and, ultimately, to provide our shareholders with the maximum return on their investment. Campuses classified in the Transitional segment have been subject to this process and have been strategically identified for closure. As of December 31, 2019, no campuses have been categorized in the Transitional segment.

We evaluate segment performance based on operating results. Adjustments to reconcile segment results to consolidated results are included under the caption “Corporate,” which primarily includes unallocated corporate activity.

For all prior periods presented, the Company reclassified its Marietta, Georgia campus from the HOPS segment to the Transportation and Skilled Trades segment. This reclassification occurred to address how the Company evaluates performance and allocates resources and was approved by the Company’s Board of Directors.

Summary financial information by reporting segment is as follows:

	For the Year Ended December 31,
	Revenue															Operating Income (Loss)
	2019		% of Total			2018		% of Total			2017		% of Total			2019			2018			2017
Transportation and Skilled Trades	$	193,722		70.9	%	$	185,263		70.4	%	$	181,328		69.2	%	$	21,979		$	17,661		$	17,795
Healthcare and Other Professions		79,620		29.1	%		72,135		27.4	%		63,641		24.3	%		7,588			6,469			3,937
Transitional		-		0.0	%		5,802		2.3	%		16,884		6.4	%		-			(5,994	)		(6,926	)
Corporate		-		0.0	%		-		0.0	%		-		0.0	%		(24,329	)		(22,090	)		(19,522	)
Total	$	273,342		100	%	$	263,200		100	%	$	261,853		100	%	$	5,238		$	(3,954	)	$	(4,716	)

	Total Assets
	December 31, 2019		December 31, 2018
Transportation and Skilled Trades	$	121,611	$	92,070
Healthcare and Other Professions		27,945		14,078
Transitional		-		527
Corporate		45,207		39,363
Total	$	194,763	$	146,038