XML 31 R20.htm IDEA: XBRL DOCUMENT v3.22.1
Business Segment Information
3 Months Ended
Mar. 31, 2022
Segment Reporting [Abstract]  
Business Segment Information Business Segment Information
The Company’s reportable segments are organized based on service platforms, with the ITS segment reflecting higher margin rental revenues that generally include payments made by third-party and direct payers and the DME Services segment reflecting lower margin product sales, direct payer rental and services revenues. Resources are allocated and performance is assessed for these segments by the Company’s Chief Executive Officer, whom the Company has determined to be its chief operating decision-maker. The Company believes that reporting performance at the gross profit level is the best indicator of segment performance.
The financial information summarized below is presented by reportable segment for the three months ended March 31, 2022 and 2021:
2022
(in thousands)ITSDME Services
Corporate/
Eliminations
Total
 
Net revenues - external$16,641$10,122$$26,763
Net revenues - internal1,488(1,488)
Total net revenues16,64111,610(1,488)26,763
Gross profit10,7384,62915,367
Selling, general and administrative expenses15,89215,892
Interest expense(277)(277)
Other expense(28)(28)
Benefit from income taxes462462
Net loss$(368)
Total assets$61,991$34,246$2,000$98,237
Purchases of medical equipment$1,511$1,420$$2,931
Depreciation and amortization of intangible assets$2,398$1,018$$3,416
2021
(in thousands)ITSDME Services
Corporate/
Eliminations
Total
Net revenues - external$15,911$8,552$$24,463
Net revenues - internal1,446(1,446)
Total net revenues15,9119,998(1,446)24,463
Gross profit10,0034,57314,576
Selling, general and administrative expenses13,70313,703
Interest expense(322)(322)
Other expense(69)(69)
Benefit from income taxes179179
Net income$661
Total assets$62,508$26,079$2,000$90,587
Purchases of medical equipment$1,621$715$$2,336
Depreciation and amortization of intangible assets$2,696$874$$3,570