| Segment Information |
Our segment information for the three- and six-months ended June 30, 2015 and 2014 is as follows (in thousands):
| |
|
Three months |
|
|
Six months |
|
| |
|
2015 |
|
|
2014 |
|
|
2015 |
|
|
2014 |
|
Revenues: |
|
|
|
|
|
|
|
|
|
|
|
|
Supply Chain Management Group |
|
$ |
47,872 |
|
|
$ |
42,313 |
|
|
$ |
94,114 |
|
|
$ |
82,936 |
|
Aviation Group |
|
|
31,904 |
|
|
|
- |
|
|
|
54,668 |
|
|
|
- |
|
Federal Services Group |
|
|
37,742 |
|
|
|
49,931 |
|
|
|
75,534 |
|
|
|
113,202 |
|
IT, Energy and Management Consulting Group |
|
|
13,608 |
|
|
|
15,718 |
|
|
|
27,601 |
|
|
|
31,233 |
|
Total revenues |
|
$ |
131,126 |
|
|
$ |
107,962 |
|
|
$ |
251,917 |
|
|
$ |
227,371 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Operating income: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Supply Chain Management Group |
|
$ |
8,681 |
|
|
$ |
7,697 |
|
|
$ |
16,987 |
|
|
$ |
15,518 |
|
Aviation Group |
|
|
2,604 |
|
|
|
- |
|
|
|
4,717 |
|
|
|
- |
|
Federal Services Group |
|
|
(356 |
) |
|
|
1,646 |
|
|
|
(623 |
) |
|
|
4,364 |
|
IT, Energy and Management Consulting Group |
|
|
1,488 |
|
|
|
1,832 |
|
|
|
2,703 |
|
|
|
3,285 |
|
Corporate/unallocated expenses |
|
|
(921 |
) |
|
|
(472 |
) |
|
|
(1,604 |
) |
|
|
(1,107 |
) |
Operating income |
|
$ |
11,496 |
|
|
$ |
10,703 |
|
|
$ |
22,180 |
|
|
$ |
22,060 |
|
| |
|
June 30, |
|
|
December 31, |
|
| |
|
2015 |
|
|
2014 |
|
Total assets: |
|
|
|
|
|
|
Supply Chain Management Group |
|
$ |
190,372 |
|
|
$ |
192,720 |
|
Aviation Group |
|
|
272,890 |
|
|
|
- |
|
Federal Services Group |
|
|
33,823 |
|
|
|
36,225 |
|
IT, Energy and Management Consulting Group |
|
|
49,633 |
|
|
|
49,790 |
|
Corporate |
|
|
85,312 |
|
|
|
76,595 |
|
Total assets |
|
$ |
632,030 |
|
|
$ |
355,330 |
|
|
| Revenue by Customer |
Our revenue by customer is as follows (in thousands):
| |
|
Three months ended June 30, |
|
|
Six months ended June 30, |
|
| |
|
2015 |
|
|
% |
|
|
2014 |
|
|
% |
|
|
2015 |
|
|
% |
|
|
2014 |
|
|
% |
|
Source of Revenues |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
U.S. Navy |
|
$ |
22,607 |
|
|
|
17.2 |
|
|
$ |
24,142 |
|
|
|
22.4 |
|
|
$ |
44,004 |
|
|
|
17.4 |
|
|
$ |
48,756 |
|
|
|
21.5 |
|
Army/Army Reserve |
|
|
18,557 |
|
|
|
14.2 |
|
|
|
28,026 |
|
|
|
26.0 |
|
|
|
37,728 |
|
|
|
15.0 |
|
|
|
61,724 |
|
|
|
27.1 |
|
U.S. Air Force |
|
|
924 |
|
|
|
0.7 |
|
|
|
809 |
|
|
|
0.7 |
|
|
|
1,714 |
|
|
|
0.7 |
|
|
|
1,605 |
|
|
|
0.7 |
|
Total - DoD |
|
|
42,088 |
|
|
|
32.1 |
|
|
|
52,977 |
|
|
|
49.1 |
|
|
|
83,446 |
|
|
|
33.1 |
|
|
|
112,085 |
|
|
|
49.3 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
U.S. Postal Service |
|
|
45,339 |
|
|
|
34.5 |
|
|
|
41,263 |
|
|
|
38.2 |
|
|
|
89,519 |
|
|
|
35.5 |
|
|
|
80,592 |
|
|
|
35.4 |
|
Department of Energy |
|
|
4,662 |
|
|
|
3.6 |
|
|
|
4,923 |
|
|
|
4.5 |
|
|
|
9,106 |
|
|
|
3.6 |
|
|
|
9,549 |
|
|
|
4.2 |
|
Department of Treasury |
|
|
572 |
|
|
|
0.4 |
|
|
|
573 |
|
|
|
0.5 |
|
|
|
987 |
|
|
|
0.4 |
|
|
|
8,931 |
|
|
|
3.9 |
|
Other government |
|
|
4,801 |
|
|
|
3.7 |
|
|
|
7,288 |
|
|
|
6.8 |
|
|
|
11,224 |
|
|
|
4.5 |
|
|
|
14,467 |
|
|
|
6.4 |
|
Total – Federal civilian agencies |
|
|
55,374 |
|
|
|
42.2 |
|
|
|
54,047 |
|
|
|
50.0 |
|
|
|
110,836 |
|
|
|
44.0 |
|
|
|
113,539 |
|
|
|
49.9 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Commercial Aviation |
|
|
31,904 |
|
|
|
24.3 |
|
|
|
- |
|
|
|
- |
|
|
|
54,668 |
|
|
|
21.7 |
|
|
|
- |
|
|
|
- |
|
Other commercial |
|
|
1,760 |
|
|
|
1.4 |
|
|
|
938 |
|
|
|
0.9 |
|
|
|
2,967 |
|
|
|
1.2 |
|
|
|
1,747 |
|
|
|
0.8 |
|
Commercial |
|
|
33,664 |
|
|
|
25.7 |
|
|
|
938 |
|
|
|
0.9 |
|
|
|
57,635 |
|
|
|
22.9 |
|
|
|
1,747 |
|
|
|
0.8 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Total |
|
$ |
131,126 |
|
|
|
100 |
|
|
$ |
107,962 |
|
|
|
100 |
|
|
$ |
251,917 |
|
|
|
100 |
|
|
$ |
227,371 |
|
|
|
100 |
|
|