| Schedule of Disaggregation of Revenue |
A summary of revenues by customer for each of our operating segments for the three and nine months ended September 30, 2024 and 2023 is as follows (in thousands):
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Three months ended September 30, 2024 |
|
Nine months ended September 30, 2024 |
|
|
Aviation |
|
Fleet |
|
Total |
|
Aviation |
|
Fleet |
|
Total |
| Commercial |
|
$ |
202,786 |
|
|
$ |
44,828 |
|
|
$ |
247,614 |
|
|
$ |
552,066 |
|
|
$ |
135,911 |
|
|
$ |
687,977 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Other government |
|
856 |
|
|
25,143 |
|
|
25,999 |
|
|
6,787 |
|
|
86,347 |
|
|
93,134 |
|
| Total |
|
$ |
203,642 |
|
|
$ |
69,971 |
|
|
$ |
273,613 |
|
|
$ |
558,853 |
|
|
$ |
222,258 |
|
|
$ |
781,111 |
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Three months ended September 30, 2023 |
|
Nine months ended September 30, 2023 |
|
|
Aviation |
|
Fleet |
|
Total |
|
Aviation |
|
Fleet |
|
Total |
| Commercial |
|
$ |
150,715 |
|
|
$ |
37,430 |
|
|
$ |
188,145 |
|
|
$ |
386,595 |
|
|
$ |
108,011 |
|
|
$ |
494,606 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Other government |
|
1,640 |
|
|
41,568 |
|
|
43,208 |
|
|
3,724 |
|
|
126,833 |
|
|
130,557 |
|
| Total |
|
$ |
152,355 |
|
|
$ |
78,998 |
|
|
$ |
231,353 |
|
|
$ |
390,319 |
|
|
$ |
234,844 |
|
|
$ |
625,163 |
|
A summary of revenues by type for each of our operating segments for the three and nine months ended September 30, 2024 and 2023 is as follows (in thousands):
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|
|
|
|
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|
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|
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|
|
|
|
|
|
|
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|
Three months ended September 30, 2024 |
|
Nine months ended September 30, 2024 |
|
|
Aviation |
|
Fleet |
|
Total |
|
Aviation |
|
Fleet |
|
Total |
| Repair |
|
$ |
83,012 |
|
|
$ |
— |
|
|
$ |
83,012 |
|
|
$ |
209,056 |
|
|
$ |
— |
|
|
$ |
209,056 |
|
| Distribution |
|
120,630 |
|
|
69,971 |
|
|
190,601 |
|
|
349,797 |
|
|
222,258 |
|
|
572,055 |
|
| Total |
|
$ |
203,642 |
|
|
$ |
69,971 |
|
|
$ |
273,613 |
|
|
$ |
558,853 |
|
|
$ |
222,258 |
|
|
$ |
781,111 |
|
|
|
|
|
|
|
|
|
|
|
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|
|
|
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|
|
|
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|
Three months ended September 30, 2023 |
|
Nine months ended September 30, 2023 |
|
|
Aviation |
|
Fleet |
|
Total |
|
Aviation |
|
Fleet |
|
Total |
| Repair |
|
$ |
44,713 |
|
|
$ |
— |
|
|
$ |
44,713 |
|
|
$ |
112,328 |
|
|
$ |
— |
|
|
$ |
112,328 |
|
| Distribution |
|
107,642 |
|
|
78,998 |
|
|
186,640 |
|
|
277,991 |
|
|
234,844 |
|
|
512,835 |
|
| Total |
|
$ |
152,355 |
|
|
$ |
78,998 |
|
|
$ |
231,353 |
|
|
$ |
390,319 |
|
|
$ |
234,844 |
|
|
$ |
625,163 |
|
Contract balances were as follows (in thousands):
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September 30, |
|
December 31, |
|
|
Financial Statement Classification |
|
2024 |
|
2023 |
Billed and billable receivables |
|
Receivables, net |
|
$ |
162,665 |
|
|
$ |
127,958 |
|
Contract assets - unbilled receivables |
|
Contract assets |
|
$ |
29,549 |
|
|
$ |
8,049 |
|
| Contract liabilities |
|
Accrued expenses and other current liabilities |
|
$ |
6,039 |
|
|
$ |
2,785 |
|
|
|
|
|
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|