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SEGMENTS
 3 Months Ended
Mar. 31, 2022
SEGMENTS [Abstract]  
SEGMENTS
10.
SEGMENTS

We operate our business in two reportable segments: (a) the Transportation and Skilled Trades segment; and (b) the Healthcare and Other Professions 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).
The Company also utilizes the Transitional segment on a limited basis solely when and if it closes a school.
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.

Summary financial information by reporting segment is as follows:

 
For the Three Months Ended March 31,
  
   
Revenue
    
Operating (loss) income
  
   
2022
    
% of
Total
    
2021
    
% of
Total
    
2022
    
2021
  
Transportation and Skilled Trades
  
$
58,784
      
71.2
%
  
$
55,670
      
71.4
%
  
$
7,245
    
$
12,324
  
Healthcare and Other Professions
    
23,770
      
28.8
%
    
22,326
      
28.6
%
    
1,307
      
2,949
  
Corporate
    
-
              
-
              
(8,878
)
    
(9,254
)
Total
  
$
82,554
      
100.0
%
  
$
77,996
      
100.0
%
  
$
(326
)
  
$
6,019
  


 
Total Assets
  
   
March 31, 2022
    
December 31, 2021
  
Transportation and Skilled Trades
  
$
153,616
    
$
156,531
  
Healthcare and Other Professions
    
36,981
      
33,959
  
Corporate
    
97,091
      
104,809
  
Total
  
$
287,688
    
$
295,299