SEGMENT INFORMATION

12 Months Ended

Dec. 31, 2013

Segment Reporting [Abstract]

SEGMENT INFORMATION

17. SEGMENT INFORMATION

The Company manages its business with four segments: fully-insured dental HMO and indemnity, fully-insured dental PPO, self-insured dental and corporate, all other. Self-insured dental consists of the self-insured dental HMO, self-insured dental PPO and self-insured dental indemnity products. Corporate, all other consists of revenue associated with the Company’s dental indemnity, dental PPO, and vision products underwritten by third-party insurance carriers and certain other corporate activities. These segments are consistent with information used by the Chief Executive Officer (the chief operating decision maker) in managing the business. The Company changed the composition of its reportable segments in the first quarter of 2012, and the amounts in the prior period financial statements relating to reportable segments have been modified to conform to the current composition of reportable segments. The Company changed the reportable segments to reflect managements’ view of the dental PPO products in the Company’s expanding markets. Prior to 2012, the Company managed its business with three segments: dental fully-insured, dental self-insured and corporate, all other.

The results of the fully-insured dental HMO and indemnity, fully-insured dental PPO and self-insured dental segments are measured by gross profit. The Company does not allocate insurance expense, investment and other income, assets or liabilities to these segments because the Company does not use these measures to analyze the segments. These items are assigned to the remainder of the Company’s business, which it identifies as corporate, all other. The Company’s gross profit was approximately $18,601,000, $16,417,000, and $13,876,000 for the years ended December 31, 2013, 2012 and 2011, respectively.

Listed below is financial information required for each reportable segment for the years ended December 31, 2013, 2012 and 2011 (amounts in thousands):

	Fiscal Year Ended December 31, 2013						Fiscal Year Ended December 31, 2012
	Revenues- External Customers		Healthcare Services Expense		Total		Revenues- External Customers		Healthcare Services Expense		Total
Reportable segments:
Fully-insured dental HMO/Indemnity	$	46,656	$	35,024	$	11,632	$	43,844	$	33,399	$	10,445
Fully-insured dental PPO		13,494		10,695		2,799		11,429		9,363		2,066
Self-insured dental		25,641		22,043		3,598		24,380		20,974		3,406
Corporate, all other		572				572		500				500
Total	$	86,363	$	67,762		18,601	$	80,153	$	63,736		16,417
Investment income						164						128
Realized gains on investments, net												34
Other income						61						68
Insurance expense						16,790						14,609
Income before income tax					$	2,036					$	2,038
Total assets-corporate					$	56,903					$	37,337
	Fiscal Year Ended December 31, 2011
	Revenues- External Customers		Healthcare Services Expense		Total
Reportable segments:
Fully-insured dental HMO/Indemnity	$	42,527	$	33,463	$	9,064
Fully-insured dental PPO		9,557		8,543		1,014
Self-insured dental		23,650		20,345		3,305
Corporate, all other		493				493
Total	$	76,227	$	62,351		13,876
Investment income						110
Realized gains on investments, net						17
Other income						61
Insurance expense						13,117
Income before income tax					$	947
Total assets-corporate					$	38,276

Inter-segment revenues were not significant for 2013, 2012, or 2011.