Segment Information (Tables)

12 Months Ended

Dec. 31, 2019

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,
	2019			2018
Revenue:
Performance Improvement Solutions	$	45,776		$	42,954
Nuclear Industry Training and Consulting		37,199			49,295
	$	82,975		$	92,249

Depreciation:
Performance Improvement Solutions	$	345		$	385
Nuclear Industry Training and Consulting		18			130
	$	363		$	515

Amortization of definite-lived intangible assets:
Performance Improvement Solutions	$	1,871		$	898
Nuclear Industry Training and Consulting		529			714
	$	2,400		$	1,612

Operating (loss) income
Performance Improvement Solutions	$	(5,802	)	$	2,640
Nuclear Industry Training and Consulting		(1,617	)		(1,274	)

Operating (loss) income	$	(7,419	)	$	1,366

Interest expense		(988	)		(268	)
Loss on derivative instruments		(13	)		(350	)
Other income (expense), net		2,068			29
Income (loss) before income taxes	$	(6,352	)	$	777

Reconciliation of Assets from Segment to Consolidated

Additional information relating to segments is as follows:

(in thousands)	December 31,
	2019		2018

Performance Improvement Solutions	$	41,550	$	40,353
Nuclear Industry Training and Consulting		16,959		21,087
Total assets	$	58,509	$	61,440

Segment Reporting Information, by Segment

For the years ended December 31, 2019 and 2018, 90% and 91%, 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, 2019 and 2018 are as follows:

(in thousands)	Year ended December 31, 2019
	United States			Europe			Asia			Eliminations			Consolidated

Revenue	$	81,597		$	-		$	1,378		$	-		$	82,975
Transfers between geographic locations		623			-			124			(747	)		-
Total revenue	$	82,220		$	-		$	1,502		$	(747	)	$	82,975
Operating income (loss)	$	(7,710	)	$	54		$	237		$	-		$	(7,419	)
Total assets, at December 31	$	184,115		$	3,526		$	2,805		$	(131,937	)	$	58,509

(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