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NOTE 9 - SEGMENT AND RELATED INFORMATION
3 Months Ended
Sep. 30, 2017
Segment Reporting [Abstract]  
NOTE 9 - SEGMENT AND RELATED INFORMATION

FONAR CORPORATION AND SUBSIDIARIES

NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS

SEPTEMBER 30, 2017 and 2016

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

(UNAUDITED)

 

NOTE 9 - 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, 2017. 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, 2017               
Net revenues from external customers  $2,454   $16,880   $19,334 
Inter-segment net revenues  $219   $—     $219 
(Loss) Income from operations  $(197)  $4,982   $4,785 
Depreciation and amortization  $82   $877   $959 
Capital expenditures  $44   $650   $694 

 

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