10. SEGMENT AND GEOGRAPHIC REPORTING

12 Months Ended

Aug. 31, 2017

Segments, Geographical Areas [Abstract]

SEGMENT AND GEOGRAPHIC REPORTING

We account for segments and geographic revenues in accordance with guidance issued by the FASB. Our reportable segments are strategic business units that offer different products and services.

Results for each segment and consolidated results are as follows years ended August 31, 2017, 2016 and 2015 (in thousands, because of rounding, numbers may not foot):

Year ended August 31, 2017
	Simulations Plus, Inc.		Cognigen Corporation		DILIsym		Eliminations			Total
Net Revenues	$	15,600	$	7,300	$	1,238		0		$	24,138
Income from operations before income taxes	$	6,194	$	1,750	$	320		0		$	8,264
Total assets	$	33,056	$	9,363	$	13,794	$	(17,702	)	$	38,512
Goodwill	$	0	$	4,789	$	5,598				$	10,387
Capital expenditures	$	48	$	96	$	32				$	176
Capitalized software costs	$	1,133	$	219	$	24				$	1,376
Depreciation and Amortization	$	1618	$	374	$	135				$	2,127

Year ended August 31, 2016
	Simulations Plus, Inc.		Cognigen Corporation		Eliminations			Total
Net Revenues	$	14,417		5,554				$	19,972
Income from operations before income taxes	$	6,330	$	901				$	7,231
Total assets	$	26,306	$	8,975	$	(7,238	)	$	28,043
Goodwill	$	0	$	4,789				$	4,789
Capital expenditures	$	6	$	32				$	38
Capitalized software costs	$	1,017	$	178				$	1,195
Depreciation and Amortization	$	1,556	$	375				$	1,931

Year ended August 31, 2015
	Simulations Plus, Inc.		Cognigen Corporation		Eliminations			Total
Net Revenues	$	13,086	$	5,228				$	18,314
Income from operations before income taxes	$	4,816	$	1,041				$	5,857
Total assets	$	25,549	$	9,033	$	(7,238	)	$	27,344
Goodwill	$	0	$	4,789				$	4,789
Capital expenditures	$	23	$	14				$	37
Capitalized software costs	$	1,019	$	151				$	1,170
Depreciation and Amortization	$	1,633	$	357				$	1,990

In addition, the Company allocates revenues to geographic areas based on the locations of its customers. Geographical revenues for the years ended August 31, 2017, 2016 and 2015 were as follows (in thousands, because of rounding, numbers may not foot):

Year ended August 31, 2017

	North America		Europe		Asia		South America		Total
Simulations Plus, Inc.	$	7,846	$	3,826	$	3,926	$	1	$	15,600
Cognigen Corporation		7,300		–		–		–		7,300
DILIsym Services, Inc*		851		151		236				1,238
Total	$	15,997	$	3,977	$	4,162	$	1	$	24,138

*DILIsym was acquired on June 1, 2017.

Year ended August 31, 2016

	North America		Europe		Asia		South America		Total
Simulations Plus, Inc.	$	6,830	$	4,022	$	3,564	$	2	$	14,418
Cognigen Corporation		5,554		–		–		–		5,554
Total	$	12,384	$	4,022	$	3,564	$	2	$	19,972

Year ended August 31, 2015

	North America		Europe		Asia		South America		Total
Simulations Plus, Inc.	$	6,261	$	3,629	$	3,153	$	43	$	13,086
Cognigen Corporation		5,228		–		–		–		5,228
Total	$	11,489	$	3,629	$	3,153	$	43	$	18,314