Financial Information by Segment

9 Months Ended

Mar. 31, 2022

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 March 31, 2022 and 2021 and for the three and nine months then ended is as follows:

	Healthcare Services			Pharmacy			Corporate and Other			Total
As of and for the three months ended March 31, 2022
Net revenues from external customers	$	3,749		$	6,778		$	0		$	10,527
Operating profit (loss)		(435	)		(210	)		(419	)		(1,064	)
Depreciation and amortization		118			263			3			384
Assets		11,932			10,229			7,796			29,957
Expenditures for property, plant and equipment		496			417			5			918
As of and for the three months ended March 31, 2021
Net revenues from external customers	$	3,286		$	6,492		$	0		$	9,778
Operating profit (loss)		50			27			(617	)		(540	)
Depreciation and amortization		85			254			0			339
Assets		7,677			8,606			11,795			28,078
Expenditures for property, plant and equipment		80			219			0			299
As of and for the nine months ended March 31, 2022
Net revenues from external customers	$	10,582		$	20,881		$	0		$	31,463
Operating profit (loss)		(1,725	)		(137	)		(1,267	)		(3,129	)
Depreciation and amortization		337			743			3			1,083
Assets		11,932			10,229			7,796			29,957
Expenditures for property, plant and equipment		1,528			902			6			2,436
As of and for the nine months ended March 31, 2021
Net revenues from external customers	$	10,119		$	20,231		$	0		$	30,350
Operating profit (loss)		(40	)		284			(1,361	)		(1,117	)
Depreciation and amortization		249			708			0			957
Assets		7,677			8,606			11,795			28,078
Expenditures for property, plant and equipment		405			887			7			1,299