Quarterly report pursuant to Section 13 or 15(d)

Business Segments and Customer Information

v2.3.0.15
Business Segments and Customer Information
 9 Months Ended
Sep. 30, 2011
Business Segments and Customer Information [Abstract]  
Business Segments and Customer Information
(6) Business Segments and Customer Information

Business Segments

Management of our business operations is conducted under five reportable operating segments: the Federal Group, the International Group, the IT, Energy and Management Consulting Group, the Infrastructure Group, and the Supply Chain Management Group. These segments operate under separate management teams and financial information is produced for each segment.  The entities within each of the Federal Group, International Group, and IT, Energy and Management Consulting Group reportable segments meet the aggregation of operating segments criteria as defined by the accounting standard for segment reporting.  We evaluate segment performance based on consolidated revenues and profits or losses from operations before income taxes.

Federal Group - Our Federal Group provides legacy equipment sustainment, engineering, technical, management, integrated logistics support and information technology services to DoD and other government agencies. The Federal Group consists of four divisions: CED, ELD, FSS and SED.  
 
International Group - Our International Group provides engineering, industrial, logistics and foreign military sales services to the U.S. military and other government agencies. It consists of two divisions: GLOBAL and FMD.
 
IT, Energy and Management Consulting Group – Our IT, Energy and Management Consulting Group provides technical and consulting services primarily to various civilian government agencies. This group consists of Energetics, G&B and Akimeka.
 
Infrastructure Group – Our Infrastructure Group is engaged principally in providing diversified technical and management services to the government, including transportation infrastructure services, construction management services and aerospace services.  This group consists of ICRC.
 
Supply Chain Management Group – Our Supply Chain Management Group supplies vehicle parts. This group consists of WBI, acquired on June 6, 2011.
 
Our segment information is as follows (in thousands):
 
For the three- and nine-month periods ended September 30,

   
Three months
    
Nine months
  
   
2011
    
2010
    
2011
    
2010
  
Revenues:
                        
  Federal Group
   $ 36,479     $ 103,274     $ 155,574     $ 361,795  
  International Group
     51,290       64,686       157,682       186,873  
  IT, Energy and Management Consulting Group
    25,905       25,831       80,871       67,459  
  Infrastructure Group
     9,815       19,152       28,476       37,465  
  Supply Chain Management Group
     36,434        -       47,110       -  
    Total revenues
   $ 159,923     $ 212,943     $ 469,713     $ 653,592  
                                 
Operating income:
                                
  Federal Group
   $ 1,153     $ 5,593     $ 5,914     $ 16,436  
  International Group
     222       3,688       3,938       7,571  
  IT, Energy and Management Consulting Group       
    3,079       3,534       9,206       7,968  
  Infrastructure Group
     159       (73 )     605       396  
  Supply Chain Management Group
    6,896       -       8,823       -  
  Corporate/unallocated expenses
     (122 )      (897 )     (2,917 )      (1,922 )
   Operating income
   $ 11,387     $ 11,845     $ 25,569     $ 30,449  
                                 
                                 
   
September 30,
    
December 31,
                  
      2011       2010                  
Total assets:
                                
  Federal Group
   $ 31,863     $ 67,452                  
  International Group
     49,366       62,062                  
  IT, Energy and Management Consulting Group
    20,761       24,658                  
  Infrastructure Group
     15,614       21,239                  
  Supply Chain Management Group
    56,067       -                  
  Corporate
     265,367       113,015                  
    Total assets
   $ 439,038     $ 288,426                  

Customer Information

Our revenue by customer is as follows (in thousands):

   
Three months
    
Nine months
  
   
ended September 30,
    
ended September 30,
  
Source of Revenues
  
2011
    
2010
    
2011
    
2010
  
Army/Army Reserve
   $ 48,930     $ 106,324     $ 189,193     $ 361,060  
Navy
     35,521       46,708       110,453       138,473  
Department of Transportation
    6,974       18,310       20,264       34,843  
U.S. Postal Service
     33,532       -       43,113       -  
Department of Treasury
     11,034       15,449       31,778       39,452  
Other
     23,932       26,152       74,912       79,764  
     Total revenues
   $ 159,923     $ 212,943     $ 469,713     $ 653,592