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Segment Information
 3 Months Ended
Mar. 31, 2019
Segment Reporting [Abstract]  
Segment Information

16. Segment Information  

 

Following the acquisition of Nutrisystem in March 2019, we organize and manage our operations within two reportable segments, based on the types of products and services they offer: Healthcare and Nutrition.  The Healthcare segment consists of SilverSneakers senior fitness, Prime Fitness and WholeHealth Living.  The Nutrition segment provides weight management products and services.   

 

Each segment’s profit is measured as earnings before interest, taxes, depreciation and amortization (“EBITDA”) excluding acquisition and integration costs and restructuring and related charges, as shown below:

 

(In thousands)

 

 

 

 

 

 

 

 

 

 

 

 

Three Months Ended March 31, 2019

 

 

 

Healthcare

 

Nutrition

 

Consolidated

 

 

 

 

 

 

 

 

 

 

 

 

Revenues

 

$

156,527

 

$

57,567

 

$

214,094

 

 

 

 

 

 

 

 

 

 

 

 

Adjusted EBITDA

 

$

26,129

 

$

13,344

 

$

39,473

 

Acquisition and integration costs

 

 

 

 

 

 

 

$

17,052

 

Restructuring and related charges

 

 

 

 

 

 

 

 

1,591

 

Interest expense

 

 

 

 

 

 

 

 

7,666

 

Depreciation and amortization

 

 

 

 

 

 

 

 

3,582

 

Income before income taxes

 

 

 

 

 

 

 

$

9,582

 

 

 

 

 

 

 

 

 

 

 

 

Total assets as of March 31, 2019

 

$

456,017

 

$

1,614,571

 

$

2,070,588