Quarterly report pursuant to Section 13 or 15(d)

Business Segments and Customer Information

 v2.3.0.11
Business Segments and Customer Information
 6 Months Ended
Jun. 30, 2011
Business Segments and Customer Information [Abstract]  
Business Segments and Customer Information
(7) Business Segments and Customer Information
 
Business Segments
 
Management of our business operations is conducted under five reportable operating segments: the Federal Group, the International Group, the IT, Energy and Management Consulting Group, the Infrastructure Group, and the Supply Chain Management Group. These segments operate under separate management teams and financial information is produced for each segment.  The entities within each of the Federal Group, International Group, and IT, Energy and Management Consulting Group reportable segments meet the aggregation of operating segments criteria as defined by the accounting standard for segment reporting.  We evaluate segment performance based on consolidated revenues and profits or losses from operations before income taxes.
 
Federal Group - Our Federal Group provides legacy equipment sustainment, engineering, technical, management, integrated logistics support and information technology services to DoD and other government agencies. The Federal Group consists of four divisions: CED, ELD, FSS and SED.  
 
International Group - Our International Group provides engineering, industrial, logistics and foreign military sales services to the U.S. military and other government agencies. It consists of two divisions: GLOBAL and FMD.
 
IT, Energy and Management Consulting Group – Our IT, Energy and Management Consulting Group provides technical and consulting services primarily to various civilian government agencies. This group consists of Energetics, G&B and, since August 2010, Akimeka.
 
Infrastructure Group – Our Infrastructure Group is engaged principally in providing diversified technical and management services to the government, including transportation infrastructure services, construction management services and aerospace services.  This group consists of ICRC.
 
Supply Chain Management Group – Our Supply Chain Management Group supplies vehicle parts. This group consists of WBI, acquired on June 6, 2011.
 
 
Our segment information is as follows (in thousands):
 
For the three- and six-month periods ended June 30,

 
   
Three months
    
Six months
  
   
2011
    
2010
    
2011
    
2010
  
Revenues:
                        
  Federal Group
   $ 52,747     $ 128,755     $ 119,095     $ 258,521  
  International Group
     54,682       52,939       106,392       122,187  
  IT, Energy and Management
    Consulting Group
     27,603       21,336       54,966       41,628  
  Infrastructure Group
     12,838       9,443       18,661       18,313  
  Supply Chain
   Management Group
     10,676        -       10,676       -  
    Total revenues
   $ 158,546     $ 212,473     $ 309,790     $ 440,649  
                                 
Operating income:
                                
  Federal Group
   $ 3,172     $ 6,059     $ 5,716     $ 10,843  
  International Group
     1,800       1,841       3,716       3,883  
  IT, Energy and
   Management Consulting
   Group       
     3,133       2,450       5,477       4,434  
  Infrastructure Group
     214       188       446       469  
  Supply Chain
   Management Group
     1,959       -       1,959       -  
  Corporate/unallocated
   expenses
     (3,005 )      (585 )     (3,132 )     (1,025 )
   Operating income
   $ 7,273     $ 9,953     $ 14,182     $ 18,604  
                                 
                                 
   
June 30,
    
December 31
                  
      2011       2010                  
Total assets:
                                
  Federal Group
   $ 51,784     $ 67,452                  
  International Group
     57,005       62,062                  
  IT, Energy and Management Consulting Group
     29,095       24,658                  
  Infrastructure Group
     15,414       21,239                  
  Supply Chain
   Management Group
     58,058       -                  
  Corporate
     271,997       113,015                  
    Total assets
   $ 483,353     $ 288,426                  
                  
 
Customer Information
 
Our revenue by customer is as follows (in thousands):
 
   
Three months
    
Six months
  
   
ended June 30,
    
ended June 30,
  
   
2011
    
2010
    
2011
    
2010
  
Source of Revenues
                        
                         
Army/Army Reserve
   $ 64,615     $ 127,325     $ 140,263     $ 254,736  
Navy
     38,842       37,989       74,932       91,765  
Department of  Transportation
     9,786       8,553       13,290       16,533  
U.S. Postal Service
     9,581       -       9,581       -  
Department of Treasury
     9,094       12,099       20,744       24,003  
Other
     26,628       26,507       50,980       53,612  
     Total revenues
   $ 158,546     $ 212,473     $ 309,790     $ 440,649