Segment Information

9 Months Ended

Sep. 30, 2019

Segment Reporting [Abstract]

Segment Information

18. 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 September 30, 2019						Nine Months Ended September 30, 2019
	Healthcare		Nutrition		Consolidated		Healthcare		Nutrition		Consolidated
Revenues	$	159,979	$	143,918	$	303,897	$	473,987	$	384,382	$	858,369
Adjusted EBITDA	$	39,177	$	17,662	$	56,839	$	100,986	$	65,673	$	166,659
Acquisition and integration costs					$	5,259					$	31,306
Restructuring and related charges						281						4,225
Interest expense						23,006						54,334
Depreciation and amortization						9,700						22,366
Income before income taxes					$	18,593					$	54,428
Total assets as of September 30, 2019							$	379,926	$	1,625,578	$	2,005,504