Segment Information (Tables)

12 Months Ended

Dec. 31, 2018

Reconciliation of Operating Profit (Loss) from Segments to Consolidated

The following table sets forth the revenue and operating results attributable to each reportable segment and includes a reconciliation of segment revenue to consolidated revenue and operating results to consolidated income before income tax expense (benefit). Inter-segment revenue is eliminated in consolidation and is not significant.

(in thousands)	Years ended December 31,
	2018			2017
Revenue:
Performance Improvement Solutions	$	42,954		$	39,899
Nuclear Industry Training and Consulting		49,295			30,981
	$	92,249		$	70,880

Depreciation:
Performance Improvement Solutions	$	385		$	321
Nuclear Industry Training and Consulting		130			21
	$	515		$	342

Amortization of definite-lived intangible assets:
Performance Improvement Solutions	$	898		$	246
Nuclear Industry Training and Consulting		714			89
	$	1,612		$	335

Operating income
Performance Improvement Solutions	$	2,640		$	(3,191	)
Nuclear Industry Training and Consulting		(1,274	)		3,420

Operating income	$	1,366		$	229

Interest (expense) income, net		(268	)		80
(Loss) Gain on derivative instruments, net		(350	)		99
Other income (expense), net		29			(4	)
Income before income taxes	$	777		$	404

Reconciliation of Assets from Segment to Consolidated

Additional information relating to segments is as follows:

(in thousands)	December 31,
	2018		2017

Performance Improvement Solutions	$	40,353	$	33,434
Nuclear Industry Training and Consulting		21,087		22,748
Intercompany receivable elimination		-		-
Total assets	$	61,440	$	56,182

Segment Reporting Information, by Segment

For the years ended December 31, 2018 and 2017, 91% and 83%, respectively, of the Company’s consolidated revenue was from customers in the nuclear power industry. The Company designs, develops and delivers business and technology solutions to the energy industry worldwide. Revenue, operating income (loss) and total assets for the Company’s United States, European, and Asian subsidiaries as of and for the years ended December 31, 2018 and 2017 are as follows:

(in thousands)	Year ended December 31, 2018
	United States		Europe			Asia			Eliminations			Consolidated

Revenue	$	88,979	$	2,150		$	1,120		$	-		$	92,249
Transfers between geographic locations		2,046		-			199			(2,245	)		-
Total revenue	$	91,025	$	2,150		$	1,319		$	(2,245	)	$	92,249
Operating income (loss)	$	2,902	$	(1,116	)	$	(420	)	$	-		$	1,366
Total assets, at December 31	$	171,206	$	3,893		$	3,592		$	(117,251	)	$	61,440

(in thousands)	Year ended December 31, 2017
	United States		Europe			Asia			Eliminations			Consolidated

Revenue	$	66,249	$	3,196		$	1,435		$	-		$	70,880
Transfers between geographic locations		1,953		-			668			(2,621	)		-
Total revenue	$	68,202	$	3,196		$	2,103		$	(2,621	)	$	70,880
Operating income (loss)	$	1,930	$	(1,585	)	$	(116	)	$	-		$	229
Total assets, at December 31	$	148,717	$	5,057		$	4,313		$	(101,905	)	$	56,182