| Segment Information |
Our segment information is as follows (in thousands):
|
|
|
|
|
|
|
|
|
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|
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|
For the years ended December 31, |
|
2019 |
|
2018 |
|
2017 |
Revenues |
|
|
|
|
|
Aviation Group |
$ |
224,546 |
|
|
$ |
145,423 |
|
|
$ |
134,809 |
|
Supply Chain Management Group |
214,520 |
|
|
214,809 |
|
|
214,542 |
|
Federal Services Group |
313,561 |
|
|
336,986 |
|
|
410,762 |
|
Total revenues |
$ |
752,627 |
|
|
$ |
697,218 |
|
|
$ |
760,113 |
|
|
|
|
|
|
|
Operating income: |
|
|
|
|
|
|
|
|
Aviation Group |
$ |
17,901 |
|
|
$ |
11,076 |
|
|
$ |
9,695 |
|
Supply Chain Management Group |
29,819 |
|
|
30,626 |
|
|
33,754 |
|
Federal Services Group |
18,144 |
|
|
15,797 |
|
|
13,419 |
|
Corporate expenses |
(5,607 |
) |
|
(3,269 |
) |
|
(2,543 |
) |
Operating income |
$ |
60,257 |
|
|
$ |
54,230 |
|
|
$ |
54,325 |
|
|
|
|
|
|
|
Depreciation and amortization expense: |
|
|
|
|
|
|
|
|
Aviation Group |
$ |
12,546 |
|
|
$ |
5,123 |
|
|
$ |
4,835 |
|
Supply Chain Management Group |
11,085 |
|
|
7,299 |
|
|
6,536 |
|
Federal Services Group |
3,296 |
|
|
12,802 |
|
|
14,511 |
|
Total depreciation and amortization |
$ |
26,927 |
|
|
$ |
25,224 |
|
|
$ |
25,882 |
|
|
|
|
|
|
|
Capital expenditures: |
|
|
|
|
|
|
|
|
Aviation Group |
$ |
8,396 |
|
|
$ |
1,772 |
|
|
$ |
1,387 |
|
Supply Chain Management Group |
1,076 |
|
|
802 |
|
|
1,376 |
|
Federal Services Group |
58 |
|
|
209 |
|
|
177 |
|
Corporate |
130 |
|
|
334 |
|
|
373 |
|
Total capital expenditures |
$ |
9,660 |
|
|
$ |
3,117 |
|
|
$ |
3,313 |
|
|
|
|
|
|
|
|
|
|
|
December 31, |
|
2019 |
|
2018 |
Total assets: |
|
|
|
Aviation Group |
$ |
522,446 |
|
|
$ |
316,197 |
|
Supply Chain Management Group |
170,142 |
|
|
166,015 |
|
Federal Services Group |
88,966 |
|
|
92,098 |
|
Corporate |
64,310 |
|
|
64,518 |
|
Total assets |
$ |
845,864 |
|
|
$ |
638,828 |
|
|
| Revenue by Customer |
Our revenue by customer is as follows for the years ended December 31, (in thousands):
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|
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|
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(in thousands)
Years ended December 31, |
Source of Revenues |
|
2019 |
|
% |
|
2018 |
|
% |
|
2017 |
|
% |
DoD |
|
$ |
304,334 |
|
|
41 |
|
$ |
334,494 |
|
|
48 |
|
$ |
402,229 |
|
|
53 |
Other government |
|
205,775 |
|
|
27 |
|
212,118 |
|
|
30 |
|
218,426 |
|
|
29 |
Commercial |
|
242,518 |
|
|
32 |
|
150,606 |
|
|
22 |
|
139,458 |
|
|
18 |
Total Revenues |
|
$ |
752,627 |
|
|
100 |
|
$ |
697,218 |
|
|
100 |
|
$ |
760,113 |
|
|
100 |
|
| Revenue by Geographic Areas |
Revenue by geography is based on the billing address of the customer. Our revenue by geographic area is as follows (in thousands):
|
|
|
|
|
|
|
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|
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|
Years ended December 31, |
|
|
2019 |
|
2018 |
|
2017 |
United States |
|
$ |
659,451 |
|
|
$ |
647,168 |
|
|
$ |
708,474 |
|
Other Countries (1)
|
|
93,176 |
|
|
50,050 |
|
|
51,639 |
|
Total revenue |
|
$ |
752,627 |
|
|
$ |
697,218 |
|
|
$ |
760,113 |
|
(1) No individual country, other than disclosed above, exceeded 10% of our total revenue for any period presented.
|