| Segment Information |
Our segment information for the three months ended March 31, 2015 and 2014 is as follows (in thousands):
| |
|
Three Months |
|
| |
|
ended March 31, |
|
| |
|
2015 |
|
|
2014 |
|
Revenues: |
|
|
|
|
|
|
Supply Chain Management Group |
|
$ |
46,242 |
|
|
$ |
40,623 |
|
Aviation Group |
|
|
22,764 |
|
|
|
- |
|
Federal Services Group |
|
|
37,792 |
|
|
|
63,270 |
|
IT, Energy and Management Consulting Group |
|
|
13,993 |
|
|
|
15,516 |
|
Total revenues |
|
$ |
120,791 |
|
|
$ |
119,409 |
|
| |
|
|
|
|
|
|
|
|
Operating income: |
|
|
|
|
|
|
|
|
Supply Chain Management Group |
|
$ |
8,306 |
|
|
$ |
7,821 |
|
Aviation Group |
|
|
2,113 |
|
|
|
- |
|
Federal Services Group |
|
|
(267 |
) |
|
|
2,718 |
|
IT, Energy and Management Consulting Group |
|
|
1,215 |
|
|
|
1,453 |
|
Corporate/unallocated expenses |
|
|
(683 |
) |
|
|
(635 |
) |
Operating income |
|
$ |
10,684 |
|
|
$ |
11,357 |
|
| |
|
March 31, |
|
|
December 31, |
|
| |
|
2015 |
|
|
2014 |
|
Total assets: |
|
|
|
|
|
|
Supply Chain Management Group |
|
$ |
216,098 |
|
|
$ |
192,720 |
|
Aviation Group |
|
|
277,844 |
|
|
|
- |
|
Federal Services Group |
|
|
38,050 |
|
|
|
36,225 |
|
IT, Energy and Management Consulting Group |
|
|
24,722 |
|
|
|
49,790 |
|
Corporate/unallocated expenses |
|
|
86,756 |
|
|
|
76,595 |
|
Total assets |
|
$ |
643,470 |
|
|
$ |
355,330 |
|
|
| Revenue by Customer |
Our revenue by customer is as follows (in thousands):
| |
|
Three Months |
|
| |
|
ended March 31, |
|
| |
|
2015 |
|
|
% |
|
|
2014 |
|
|
% |
|
Source of Revenues |
|
|
|
|
|
|
|
|
|
|
|
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
U.S. Navy |
|
$ |
21,397 |
|
|
|
17.7 |
|
|
$ |
24,614 |
|
|
|
20.6 |
|
Army/Army Reserve |
|
|
19,171 |
|
|
|
15.9 |
|
|
|
33,698 |
|
|
|
28.2 |
|
U.S. Air Force |
|
|
790 |
|
|
|
0.7 |
|
|
|
796 |
|
|
|
0.7 |
|
Total - DoD |
|
|
41,358 |
|
|
|
34.3 |
|
|
|
59,108 |
|
|
|
49.5 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
U.S. Postal Service |
|
|
44,180 |
|
|
|
36.6 |
|
|
|
39,329 |
|
|
|
32.9 |
|
Department of Energy |
|
|
4,444 |
|
|
|
3.7 |
|
|
|
4,626 |
|
|
|
3.9 |
|
Department of Treasury |
|
|
415 |
|
|
|
0.3 |
|
|
|
8,358 |
|
|
|
7.0 |
|
Other government |
|
|
6,423 |
|
|
|
5.3 |
|
|
|
7,179 |
|
|
|
6.0 |
|
Total – Federal civilian agencies |
|
|
55,462 |
|
|
|
45.9 |
|
|
|
59,492 |
|
|
|
49.8 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Commercial |
|
|
23,971 |
|
|
|
19.8 |
|
|
|
809 |
|
|
|
0.7 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Total |
|
$ |
120,791 |
|
|
|
100.0 |
|
|
$ |
119,409 |
|
|
|
100.0 |
|
|