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NOTE 10 - SEGMENT AND RELATED INFORMATION
3 Months Ended
Sep. 30, 2016
Segment Reporting [Abstract]  
NOTE 10 - SEGMENT AND RELATED INFORMATION

FONAR CORPORATION AND SUBSIDIARIES

NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS

SEPTEMBER 30, 2016 and 2015

(Amounts and shares in thousands, except per share amounts)

(UNAUDITED)

 

NOTE 10 - SEGMENT AND RELATED INFORMATION

 

The Company operates in two industry segments - manufacturing and the servicing of medical equipment and management of diagnostic imaging centers.

 

The accounting policies of the segments are the same as those described in the summary of significant accounting policies as disclosed in the Company’s 10-K as of June 30, 2016. All inter-segment sales are market-based. The Company evaluates performance based on income or loss from operations.

 

Summarized financial information concerning the Company's reportable segments is shown in the following table:

 

   Medical
Equipment
  Management
Of Diagnostic
Imaging
Centers
  Totals
For the three months ended Sept. 30, 2016               
Net revenues from external customers  $2,621   $16,113   $18,734 
Inter-segment net revenues  $381   $—     $381 
(Loss) Income from operations  $(147)  $4,900   $4,753 
Depreciation and amortization  $80   $776   $856 
Capital expenditures  $43   $599   $642 

 

For the three months ended Sept. 30, 2015

               
Net revenues from external customers  $2,330   $15,281   $17,611 
Inter-segment net revenues  $524   $—     $524 
(Loss) Income from operations  $(63)  $3,678   $3,615 
Depreciation and amortization  $78   $751   $829 
Capital expenditures  $19   $45   $64