| Segment Information |
Our segment information for the three- and nine-months ended September 30, 2015 and 2014 is as follows (in thousands):
| |
|
Three months |
|
|
Nine months |
|
| |
|
2015 |
|
|
2014 |
|
|
2015 |
|
|
2014 |
|
Revenues: |
|
|
|
|
|
|
|
|
|
|
|
|
Supply Chain Management Group |
|
$ |
50,315 |
|
|
$ |
44,542 |
|
|
$ |
144,429 |
|
|
$ |
127,478 |
|
Aviation Group |
|
|
32,976 |
|
|
|
- |
|
|
|
87,644 |
|
|
|
- |
|
Federal Services Group |
|
|
42,240 |
|
|
|
41,915 |
|
|
|
117,774 |
|
|
|
155,117 |
|
IT, Energy and Management Consulting Group |
|
|
11,865 |
|
|
|
15,292 |
|
|
|
39,466 |
|
|
|
46,525 |
|
Total revenues |
|
$ |
137,396 |
|
|
$ |
101,749 |
|
|
$ |
389,313 |
|
|
$ |
329,120 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Operating income: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Supply Chain Management Group |
|
$ |
9,235 |
|
|
$ |
6,195 |
|
|
$ |
26,222 |
|
|
$ |
21,713 |
|
Aviation Group |
|
|
2,116 |
|
|
|
- |
|
|
|
6,833 |
|
|
|
- |
|
Federal Services Group |
|
|
1,152 |
|
|
|
(105 |
) |
|
|
529 |
|
|
|
4,259 |
|
IT, Energy and Management Consulting Group |
|
|
1,169 |
|
|
|
1,866 |
|
|
|
3,872 |
|
|
|
5,151 |
|
Corporate/unallocated expenses |
|
|
(429 |
) |
|
|
(773 |
) |
|
|
(2,033 |
) |
|
|
(1,880 |
) |
Operating income |
|
$ |
13,243 |
|
|
$ |
7,183 |
|
|
$ |
35,423 |
|
|
$ |
29,243 |
|
| |
|
September 30, |
|
|
December 31, |
|
| |
|
2015 |
|
|
2014 |
|
Total assets: |
|
|
|
|
|
|
Supply Chain Management Group |
|
$ |
196,355 |
|
|
$ |
192,720 |
|
Aviation Group |
|
|
269,743 |
|
|
|
- |
|
Federal Services Group |
|
|
33,014 |
|
|
|
36,225 |
|
IT, Energy and Management Consulting Group |
|
|
47,559 |
|
|
|
49,790 |
|
Corporate |
|
|
78,018 |
|
|
|
76,595 |
|
Total assets |
|
$ |
624,689 |
|
|
$ |
355,330 |
|
|
| Revenue by Customer |
Our revenue by customer is as follows (in thousands):
| |
|
Three months ended September 30, |
|
|
Nine months ended September 30, |
|
|
|
|
2015 |
|
|
% |
|
|
2014 |
|
|
% |
|
|
2015 |
|
|
% |
|
|
2014 |
|
|
% |
|
Source of Revenues |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
U.S. Postal Service |
|
$ |
47,356 |
|
|
|
34.5 |
|
|
$ |
43,273 |
|
|
|
42.5 |
|
|
$ |
136,875 |
|
|
|
35.1 |
|
|
$ |
123,865 |
|
|
|
37.6 |
|
Department of Energy |
|
|
2,817 |
|
|
|
2.0 |
|
|
|
4,791 |
|
|
|
4.7 |
|
|
|
11,923 |
|
|
|
3.1 |
|
|
|
14,340 |
|
|
|
4.4 |
|
Department of Treasury |
|
|
418 |
|
|
|
0.3 |
|
|
|
263 |
|
|
|
0.3 |
|
|
|
1,405 |
|
|
|
0.4 |
|
|
|
9,194 |
|
|
|
2.8 |
|
Other government |
|
|
6,861 |
|
|
|
5.0 |
|
|
|
9,197 |
|
|
|
9.0 |
|
|
|
18,085 |
|
|
|
4.6 |
|
|
|
23,664 |
|
|
|
7.2 |
|
Total – Federal civilian agencies |
|
|
57,452 |
|
|
|
41.8 |
|
|
|
57,524 |
|
|
|
56.5 |
|
|
|
168,288 |
|
|
|
43.2 |
|
|
|
171,063 |
|
|
|
52.0 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
U.S. Navy |
|
|
24,036 |
|
|
|
17.5 |
|
|
|
20,568 |
|
|
|
20.2 |
|
|
|
68,040 |
|
|
|
17.5 |
|
|
|
69,324 |
|
|
|
21.1 |
|
Army/Army Reserve |
|
|
20,476 |
|
|
|
14.9 |
|
|
|
21,855 |
|
|
|
21.5 |
|
|
|
58,204 |
|
|
|
15.0 |
|
|
|
83,579 |
|
|
|
25.4 |
|
U.S. Air Force |
|
|
869 |
|
|
|
0.6 |
|
|
|
800 |
|
|
|
0.8 |
|
|
|
2,583 |
|
|
|
0.6 |
|
|
|
2,405 |
|
|
|
0.7 |
|
Total - DoD |
|
|
45,381 |
|
|
|
33.0 |
|
|
|
43,223 |
|
|
|
42.5 |
|
|
|
128,827 |
|
|
|
33.1 |
|
|
|
155,308 |
|
|
|
47.2 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Commercial Aviation |
|
|
32,976 |
|
|
|
24.0 |
|
|
|
- |
|
|
|
- |
|
|
|
87,644 |
|
|
|
22.5 |
|
|
|
- |
|
|
|
- |
|
Other commercial |
|
|
1,587 |
|
|
|
1.2 |
|
|
|
1,002 |
|
|
|
1.0 |
|
|
|
4,554 |
|
|
|
1.2 |
|
|
|
2,749 |
|
|
|
0.8 |
|
Commercial |
|
|
34,563 |
|
|
|
25.2 |
|
|
|
1,002 |
|
|
|
1.0 |
|
|
|
92,198 |
|
|
|
23.7 |
|
|
|
2,749 |
|
|
|
0.8 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Total |
|
$ |
137,396 |
|
|
|
100 |
|
|
$ |
101,749 |
|
|
|
100 |
|
|
$ |
389,313 |
|
|
|
100 |
|
|
$ |
329,120 |
|
|
|
100 |
|
|