Effective pursuant to the Matrix Transaction, the Company no longer owns a controlling interest in Matrix, which historically constituted the HA Services segment as further discussed in Note . As the HA Services segment, through is presented as a discontinued operation, it is not reflected in the Company’s segment disclosures.  However, the Company accounts for its noncontrolling interest in Matrix from through as an equity method investment, which solely comprises Matrix Investment in the table below.

Segment results are based on how the Company’s chief operating decision maker (“CODM”) manages the Company’s business, makes operating decisions and evaluates operating performance. The operating results of the segments include revenue and expenses incurred by the segment, as well as an allocation of direct expenses incurred by Corporate on behalf of the segment. Indirect expenses, including unallocated corporate functions and expenses, such as executive, accounting, finance, human resources, information technology and legal, as well as the results of SPCIC and elimination entries recorded in consolidation are reflected in Corporate and Other.

The following table sets forth certain financial information from continuing operations attributable to the Company’s business segments for the years ended and

During the year ended the Company reported its segment activities under a full absorption method, where all corporate direct and indirect costs were allocated to the reporting segments. Additionally, the oversight of legacy businesses was transferred to the management of WD Services in In fiscal a decision was made by the CODM to retain indirect costs at Corporate because the operating segments have no ability to control or manage these costs and the costs have no direct relationship to revenue earned or operating costs incurred by the segment. In addition, the amount of direct expense incurred by Corporate on behalf of the segments was limited, as each of the Company’s segments operated and continue to operate with their own infrastructure, workforce and processes, which further supported retaining indirect costs at Corporate rather than allocating all Corporate costs to the segments. Separate reporting of indirect costs within Corporate and Other also allows the CODM to better track and manage these costs and allows the Company’s shareholders greater transparency into costs associated with revenue generation and administration of the Company. The segment results for the year ended have been recast to reflect the current management of the segments. The operating income (loss) for NET Services and WD Services as originally reported for the year ended included an allocation of indirect corporate overhead expense of and respectively.

 

At of the Company’s net assets from continuing operations were located in countries outside of the U.S. At of the Company’s net assets from continuing operations were located in countries outside of the U.S.

and of the Company’s consolidated revenue was derived from U.S. state Medicaid program for the years ended and respectively. and of the Company’s consolidated revenue was derived from the UK governmental agency for the years ended and respectively. In addition, substantially all of the Company’s revenues are generated from domestic and foreign governmental agencies or entities that contract with governmental agencies.