Segment Information

6 Months Ended

Jun. 30, 2016

Segment Information [Abstract]

SEGMENT INFORMATION

NOTE 7 – SEGMENT INFORMATION

During the second quarter of 2016, the Company completed its acquisition of Natural Habitat. As a result of the acquisition, the Company updated its reporting information and its operating segments to add Natural Habitat as a separate operating and reporting segment.

As of June 30, 2016, total assets for the Lindblad segment and Natural Habitat segment were $349.9 million and $48.1 million, respectively. As of June 30, 2016, the $28.3 million in Goodwill and other intangibles on the accompanying condensed consolidated balance sheet were all related to the Natural Habitat segment. For the three and six months ended June 30, 2016, tradename and customer list amortization of $0.1 million was related to the Natural Habitat segment. 

The Company evaluates the performance of its business segments based largely on operating income results of the segments without allocating other income and expenses, net, income taxes, and interest expense, net. For the three and six months ended June 30, 2016 and 2015, the following operating results were:

	For the Three Months Ended June 30,															For the Six Months Ended June 30,
	2016									2015						2016							2015
	By Segment															By Segment
	Lindblad			Natural Habitat			Total			Lindblad		Natural Habitat		Total		Lindblad		Natural Habitat			Total		Lindblad		Natural Habitat		Total
Tour revenues	$	48,187		$	5,684		$	53,871		$	49,531	$	-	$	49,531	$	109,761	$	5,684		$	115,445	$	104,952	$	-	$	104,952
Operating (loss) income	$	(1,744	)	$	(793	)	$	(2,537	)	$	2,404	$	-	$	2,404	$	9,175	$	(793	)	$	8,382	$	10,384	$	-	$	10,384