XML 31 R21.htm IDEA: XBRL DOCUMENT v3.4.0.3
Segment Information
3 Months Ended
Mar. 31, 2016
Segment Information [Abstract]  
Segment Information
14. Segment Information

The Company has two reportable business segments.  The Performance Improvement Solutions business segment provides simulation, training products, and engineering products and services delivered across the breadth of industries the Company serves.  Solutions include simulation for both training and engineering applications.  Engineering services include plant design verification and validation. The Company provides these services across all of its market segments.  Contracts typically range from ten months to three years.

The Nuclear Industry Training and Consulting business segment provides specialized workforce solutions primarily to the U.S. nuclear industry, working at our clients' facilities.  This business is managed through our Hyperspring, LLC subsidiary.  Hyperspring has been providing these services since 2005.

The following table sets forth the revenue and operating results attributable to each reportable segment and includes a reconciliation of segment contract revenue to consolidated revenue and operating results to consolidated income (loss) before income taxes:

(in thousands)
 
Three months ended
 
  
March 31,
 
  
2016
  
2015
 
Contract revenue:
      
Performance Improvement Solutions
 
$
8,843
  
$
8,833
 
Nuclear Industry Training and Consulting
  
4,133
   
5,180
 
   
12,976
   
14,013
 
         
Operating income (loss):
        
Performance Improvement Solutions
  
(42
)
  
(704
)
Nuclear Industry Training and Consulting
  
188
   
300
 
Gain on change in fair value of contingent consideration, net
  
69
   
80
 
   
215
   
(324
)
         
Interest income, net
  
27
   
27
 
Loss on derivative instruments, net
  
(118
)
  
(48
)
Other income (expense), net
  
102
   
(39
)
Income (loss) before income taxes
 
$
226
  
$
(384
)