Segment Information | 12. Segment Information The Company conducts its business through two reportable business segments: the Human Services Segment and the Post-Acute Specialty Rehabilitation Services (“SRS”) Segment. Through the Human Services Segment, the Company primarily provides home- and community-based human services to adults and children with intellectual and developmental disabilities (“I/DD”), and to youth with emotional, behavioral and/or medically complex challenges (“ARY”) and, beginning in fiscal 2014, to elders. The operations of the Human Services Segment have been organized by management into three operating segments based upon geography and clients served. Through the SRS Segment, the Company delivers services to individuals who have suffered acquired brain injury, spinal injuries and other catastrophic injuries and illnesses. The operations of the SRS Segment have been organized by management into two operating segments, NeuroRestorative and CareMeridian, based upon service type. The NeuroRestorative operating group provides behavioral therapies to brain injured clients in post-acute community settings and the CareMeridian operating group provides a higher level of medical support to traumatically injured clients . Each operating segment is aligned with the Company’s reporting structure and has a segment manager that is directly accountable for its operations and regularly reports results to the chief operating decision maker, which is the Company's Chief Executive Officer, for the purpose of evaluating these results and making decisions regarding resource allocations. The Company evaluates performance based on EBITDA. EBITDA for each segment is defined as income from continuing operations before depreciation and amortization, intangible impairments, interest income (expense), and income taxes directly attributable to the segment. Activities classified as “Corporate” in the table below relate primarily to unallocated home office expenses, management fees, and debt extinguishment costs. The favorable adjustment of $3.2 million to the Company's contingent consideration liabilities during the three months ended December 31, 2015, as further described in Note 10 Fair Value Measurements , is classified under "Corporate". The following table is a financial summary by reportable segments for the periods indicated (in thousands): For the three months ended December 31, Human Services Post-Acute Specialty Rehabilitation Services Corporate Consolidated 2015 Net revenue $ 277,710 $ 68,037 $ — $ 345,747 EBITDA 37,622 11,647 (25,115 ) 24,154 Total assets 603,773 251,874 196,554 1,052,201 Depreciation and amortization 11,428 5,892 667 17,987 Purchases of property and equipment 5,348 2,908 866 9,122 2014 Net revenue $ 271,969 $ 62,621 $ — $ 334,590 EBITDA (1) 42,564 11,768 (31,998 ) 22,334 Depreciation and amortization 11,387 5,239 584 17,210 Purchases of property and equipment 4,310 4,164 412 8,886 (1) The performance measures previously reported for the three months ended December 31, 2014 have been revised from Income (loss) from continuing operations before income taxes to EBITDA. A reconciliation of EBITDA to loss from continuing operations on a consolidated basis is as follows (in thousands): Three Months Ended December 31, 2015 2014 EBITDA $ 24,154 $ 22,334 Less: Depreciation and amortization $ 17,987 $ 17,210 Interest expense, net 8,349 10,880 Loss from continuing operations before income taxes $ (2,182 ) $ (5,756 ) For the three months ended December 31, 2015, Interest expense, net includes the reversal of $0.2 million of interest expense associated with acquisition related contingent consideration liabilities and $0.3 million of interest income included in Other income (expense) in the Statement of Operations. For the three months ended December 31, 2014, Interest expense, net includes $25 thousand of interest income included in Other income (expense) in the Statement of Operations. Revenue derived from contracts with state and local governmental payors in the state of Minnesota, the Company’s largest state, which is included in the Human Services segment, accounted for approximately 15% of the Company’s net revenue for the three months ended December 31, 2015 and 2014 . |