VSE Corporation Quarterly report pursuant to Section 13 or 15(d)

Quarterly report pursuant to Section 13 or 15(d)

Cover
- Cover
Financial Statements
Notes to Financial Statements
Accounting Policies
- Nature of Operations and Basis of Presentation (Policies)
Notes Tables
Notes Details

Business Segments and Customer Information - Segment Information (Details)

v3.22.2

Business Segments and Customer Information - Segment Information (Details) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2022 USD ($)	Jun. 30, 2021 USD ($)	Jun. 30, 2022 USD ($) segment	Jun. 30, 2021 USD ($)
Segment Reporting [Abstract]
Number of operating segments \| segment			3
Number of reportable segments \| segment			3
Segment Reporting Information [Line Items]
Revenues	$ 241,713	$ 175,112	$ 472,952	$ 340,093
Operating income (loss)	14,151	(12,714)	26,065	(3,111)
Corporate/unallocated expenses
Segment Reporting Information [Line Items]
Operating income (loss)	(217)	(1,441)	(1,618)	(2,272)
Aviation
Segment Reporting Information [Line Items]
Revenues	105,019	47,515	198,309	91,886
Aviation \| Operating Segments
Segment Reporting Information [Line Items]
Operating income (loss)	6,450	(22,272)	14,072	(22,604)
Fleet
Segment Reporting Information [Line Items]
Revenues	64,742	58,057	131,772	112,804
Fleet \| Operating Segments
Segment Reporting Information [Line Items]
Operating income (loss)	5,366	4,000	11,747	9,741
Federal and Defense
Segment Reporting Information [Line Items]
Revenues	71,952	69,540	142,871	135,403
Federal and Defense \| Operating Segments
Segment Reporting Information [Line Items]
Operating income (loss)	$ 2,552	$ 6,999	$ 1,864	$ 12,024

- Definition

Number of operating segments. An operating segment is a component of an enterprise: (a) that engages in business activities from which it may earn revenues and incur expenses (including revenues and expenses relating to transactions with other components of the same enterprise), (b) whose operating results are regularly reviewed by the enterprise's chief operating decision maker to make decisions about resources to be allocated to the segment and assess its performance, and (c) for which discrete financial information is available. An operating segment may engage in business activities for which it has yet to earn revenues, for example, start-up operations may be operating segments before earning revenues.

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