| Segment Information |
Our segment information is as follows (in thousands):
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Three months ended June 30, |
|
Six months ended June 30, |
|
|
2019 |
|
2018 |
|
2019 |
|
2018 |
Revenues: |
|
|
|
|
|
|
|
|
Supply Chain Management Group |
|
$ |
53,805 |
|
|
$ |
54,263 |
|
|
$ |
105,509 |
|
|
$ |
110,127 |
|
Aviation Group |
|
54,997 |
|
|
35,804 |
|
|
104,367 |
|
|
68,554 |
|
Federal Services Group |
|
80,309 |
|
|
80,327 |
|
|
149,154 |
|
|
168,610 |
|
Total revenues |
|
$ |
189,111 |
|
|
$ |
170,394 |
|
|
$ |
359,030 |
|
|
$ |
347,291 |
|
|
|
|
|
|
|
|
|
|
Operating income: |
|
|
|
|
|
|
|
|
|
|
|
|
Supply Chain Management Group |
|
$ |
7,557 |
|
|
$ |
8,168 |
|
|
$ |
14,545 |
|
|
$ |
15,764 |
|
Aviation Group |
|
5,204 |
|
|
2,846 |
|
|
8,252 |
|
|
5,107 |
|
Federal Services Group |
|
5,059 |
|
|
3,606 |
|
|
8,444 |
|
|
6,084 |
|
Corporate/unallocated expenses |
|
(1,404 |
) |
|
(765 |
) |
|
(3,012 |
) |
|
(1,507 |
) |
Operating income |
|
$ |
16,416 |
|
|
$ |
13,855 |
|
|
$ |
28,229 |
|
|
$ |
25,448 |
|
|
| Revenue by Customer |
Our revenues by customer is as follows (dollars in thousands):
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Three months ended June 30, |
|
Six months ended June 30, |
Customer |
|
2019 |
|
% |
|
2018 |
|
% |
|
2019 |
|
% |
|
2018 |
|
% |
USPS |
|
$ |
42,112 |
|
|
22.3 |
% |
|
$ |
43,089 |
|
|
25.3 |
% |
|
$ |
84,795 |
|
|
23.6 |
% |
|
$ |
87,120 |
|
|
25.1 |
% |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
U.S. Navy |
|
22,202 |
|
|
11.8 |
% |
|
35,696 |
|
|
20.9 |
% |
|
42,807 |
|
|
11.9 |
% |
|
78,281 |
|
|
22.5 |
% |
U.S. Army |
|
47,333 |
|
|
25.0 |
% |
|
41,548 |
|
|
24.4 |
% |
|
84,052 |
|
|
23.4 |
% |
|
84,335 |
|
|
24.3 |
% |
U.S. Air Force |
|
5,545 |
|
|
2.9 |
% |
|
4,943 |
|
|
2.9 |
% |
|
10,922 |
|
|
3.1 |
% |
|
7,224 |
|
|
2.1 |
% |
Total - DoD |
|
75,080 |
|
|
39.7 |
% |
|
82,187 |
|
|
48.2 |
% |
|
137,781 |
|
|
38.4 |
% |
|
169,840 |
|
|
48.9 |
% |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Commercial aviation |
|
54,086 |
|
|
28.6 |
% |
|
34,037 |
|
|
20.0 |
% |
|
102,561 |
|
|
28.6 |
% |
|
65,572 |
|
|
18.9 |
% |
Other commercial |
|
5,090 |
|
|
2.7 |
% |
|
3,444 |
|
|
2.0 |
% |
|
10,174 |
|
|
2.8 |
% |
|
7,032 |
|
|
2.0 |
% |
Total - Commercial |
|
59,176 |
|
|
31.3 |
% |
|
37,481 |
|
|
22.0 |
% |
|
112,735 |
|
|
31.4 |
% |
|
72,604 |
|
|
20.9 |
% |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Other government |
|
12,743 |
|
|
6.7 |
% |
|
7,637 |
|
|
4.5 |
% |
|
23,719 |
|
|
6.6 |
% |
|
17,727 |
|
|
5.1 |
% |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Total |
|
$ |
189,111 |
|
|
100 |
% |
|
$ |
170,394 |
|
|
100 |
% |
|
$ |
359,030 |
|
|
100 |
% |
|
$ |
347,291 |
|
|
100 |
% |
|