Annual report pursuant to Section 13 and 15(d)

Business Segments and Customer Information (Tables)

v3.20.1
Business Segments and Customer Information (Tables)
12 Months Ended
Dec. 31, 2019
Segment Reporting, Disclosure of Entity's Reportable Segments [Abstract]  
Segment Information
Our segment information is as follows (in thousands):
 
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):
 
 
(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):
 
 
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.