| Segment Information |
Corporate expenses are primarily selling, general and administrative expenses not allocated to segments. Our segment information is as follows (in thousands):
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
|
Three months ended September 30, |
|
Nine months ended September 30, |
| |
|
2022 |
|
2021 |
|
2022 |
|
2021 |
| Revenues: |
|
|
|
|
|
|
|
|
| Aviation |
|
$ |
102,625 |
|
|
$ |
73,124 |
|
|
$ |
300,934 |
|
|
$ |
165,010 |
|
| Fleet |
|
64,754 |
|
|
60,268 |
|
|
196,526 |
|
|
173,072 |
|
| Federal and Defense |
|
75,108 |
|
|
67,190 |
|
|
217,979 |
|
|
202,593 |
|
| Total revenues |
|
$ |
242,487 |
|
|
$ |
200,582 |
|
|
$ |
715,439 |
|
|
$ |
540,675 |
|
|
|
|
|
|
|
|
|
|
| Operating income (loss): |
|
|
|
|
|
|
|
|
| Aviation |
|
$ |
10,017 |
|
|
$ |
3,719 |
|
|
$ |
24,089 |
|
|
$ |
(18,885) |
|
| Fleet |
|
6,539 |
|
|
5,387 |
|
|
18,286 |
|
|
15,128 |
|
| Federal and Defense |
|
1,939 |
|
|
5,386 |
|
|
3,803 |
|
|
17,410 |
|
| Corporate/unallocated expenses |
|
(1,223) |
|
|
(600) |
|
|
(2,841) |
|
|
(2,872) |
|
| Operating income |
|
$ |
17,272 |
|
|
$ |
13,892 |
|
|
$ |
43,337 |
|
|
$ |
10,781 |
|
|
|