Financial Information by Segment

6 Months Ended

Dec. 31, 2019

Segment Reporting [Abstract]

Financial Information by Segment

Note 15. – 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, 2019 and 2018 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, 2019,
Net revenues from external customers	$	4,314	$	8,491	$	0		$	12,805
Operating profit (loss)		297		518		(534	)		281
Depreciation and amortization		89		260		1			350
Assets		7,339		9,892		5,592			22,823
Expenditures for property, plant and    equipment		17		280		0			297
As of and for the three months ended December 31, 2018,
Net revenues from external customers	$	4,081	$	8,070	$	0		$	12,151
Operating profit (loss)		326		61		(521	)		(134	)
Depreciation and amortization		85		266		0			351
Assets		13,069		8,605		4,052			25,726
Expenditures for property, plant and    equipment		59		173		0			232
As of and for the six months ended December 31, 2019,
Net revenues from external customers	$	8,546	$	15,911	$	0		$	24,457
Operating profit (loss)		465		781		(1,185	)		61
Depreciation and amortization		177		506		2			685
Assets		7,339		9,892		5,592			22,823
Expenditures for property, plant and equipment		55		493		0			548
As of and for the six months ended December 31, 2018,
Net revenues from external customers	$	7,772	$	14,586	$	0		$	22,358
Operating profit (loss)		110		4		(975	)		(861	)
Depreciation and amortization		166		522		1			689
Assets		13,069		8,605		4,052			25,726
Expenditures for property, plant and equipment		202		442		0			644