Financial Information by Segment

6 Months Ended

Dec. 31, 2021

Segment Reporting [Abstract]

Financial Information by Segment

Note 14. – Financial Information by Segment

Under ASC Topic No. 280, Segment Reporting, operating segments are defined as components of an enterprise about which separate financial information is available that is evaluated regularly by the chief operating decision maker, or decision-making group, in deciding how to allocate resources and in assessing performance. Our chief operating decision-making group is composed of SunLink’s chief executive officer and other members of SunLink’s senior management. Our two reportable operating segments are Healthcare Services and Pharmacy.

We evaluate performance of our operating segments based on revenue and operating profit (loss). At the beginning of the current fiscal year, the Company modified the approach to certain assets, and expense allocations to calculate segment assets, operating profit and depreciation and amortization. All prior year amounts have been changed to consistently apply the changed allocation method used in the current year. Segment information as of December 31, 2021 and 2020 and for the three and six months then ended is as follows:

	Healthcare Services			Pharmacy		Corporate and Other			Total
As of and for the three months ended December 31, 2021
Net revenues from external customers	$	3,335		$	7,076	$	0		$	10,411
Operating profit (loss)		(703	)		61		(430	)		(1,072	)
Depreciation and amortization		121			245		0			366
Assets		11,386			9,905		8,892			30,183
Expenditures for property, plant and equipment		659			167		0			826
As of and for the three months ended December 31, 2020
Net revenues from external customers	$	3,368		$	6,782	$	0		$	10,150
Operating profit (loss)		(35	)		62		(281	)		(254	)
Depreciation and amortization		85			233		0			318
Assets		8,024			8,546		11,952			28,522
Expenditures for property, plant and equipment		90			315		0			405
As of and for the six months ended December 31, 2021
Net revenues from external customers	$	6,833		$	14,103	$	0		$	20,936
Operating profit (loss)		(1,290	)		73		(848	)		(2,065	)
Depreciation and amortization		219			480		0			699
Assets		11,386			9,905		8,892			30,183
Expenditures for property, plant and equipment		1,032			485		1			1,518
As of and for the six months ended December 31, 2020
Net revenues from external customers	$	6,833		$	13,739	$	0		$	20,572
Operating profit (loss)		(90	)		257		(744	)		(577	)
Depreciation and amortization		164			454		0			618
Assets		8,024			8,546		11,952			28,522
Expenditures for property, plant and equipment		325			668		7			1,000