NOTE 9 - SEGMENT AND RELATED INFORMATION

3 Months Ended

Sep. 30, 2018

Segment Reporting [Abstract]

NOTE 9 - SEGMENT AND RELATED INFORMATION

FONAR CORPORATION AND SUBSIDIARIES

NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS

SEPTEMBER 30, 2018 and 2017

(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, 2018. 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, 2018
Net revenues from external customers	$	2,209		$	18,496	$	20,705
Inter-segment net revenues	$	228		$	—	$	228
(Loss) Income from operations	$	(230	)	$	5,767	$	5,537
Depreciation and amortization	$	93		$	829	$	922
Capital expenditures	$	20		$	449	$	469
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