NOTE 9 - SEGMENT AND RELATED INFORMATION

9 Months Ended

Mar. 31, 2019

Segment Reporting [Abstract]

NOTE 9 - SEGMENT AND RELATED INFORMATION

FONAR CORPORATION AND SUBSIDIARIES

NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS

MARCH 31, 2019 and 2018

(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 March 31, 2019
Net revenues from external customers	$	2,788		$	19,991	$	22,779
Inter-segment net revenues	$	228		$	—	$	228
(Loss) income from operations	$	(27	)	$	6,635	$	6,608
Depreciation and amortization	$	92		$	886	$	978
Capital expenditures	$	661		$	213	$	874
For the three months ended March 31, 2018
Net revenues from external customers	$	2,411		$	18,568	$	20,979
Inter-segment net revenues	$	228		$	—	$	228
(Loss) income from operations	$	(457	)	$	4,859	$	4,402
Depreciation and amortization	$	93		$	899	$	992
Capital expenditures	$	80		$	727	$	807
For the nine months ended March 31, 2019
Net revenues from external customers	$	7,440		$	57,269	$	64,709
Inter-segment net revenues	$	683		$	—	$	683
(Loss) income from operations	$	(665	)	$	18,791	$	18,126
Depreciation and amortization	$	276		$	2,576	$	2,852
Capital expenditures	$	706		$	2,451	$	3,157
For the nine months ended March 31, 2018
Net revenues from external customers	$	7,520		$	52,960	$	60,480
Inter-segment net revenues	$	674		$	—	$	674
(Loss) income from operations	$	(490	)	$	15,488	$	14,998
Depreciation and amortization	$	259		$	2,690	$	2,949
Capital expenditures	$	259		$	2,410	$	2,669