Quarterly report pursuant to Section 13 or 15(d)

Business Segments and Customer Information

v3.4.0.3
Business Segments and Customer Information
 3 Months Ended
Mar. 31, 2016
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 four reportable operating segments:

Supply Chain Management Group – Our Supply Chain Management Group supplies vehicle parts primarily through a Managed Inventory Program ("MIP") and direct sales to the United States Postal Service ("USPS") and to other customers.

Aviation Group - Our Aviation Group provides MRO services, parts supply and distribution, and supply chain solutions for general aviation jet aircraft engines and engine accessories.

Federal Services Group - Our Federal Services Group provides engineering, industrial, logistics, foreign military sales, and legacy equipment sustainment services to the United States Department of Defense ("DoD") and other government agencies.

IT, Energy and Management Consulting Group – Our IT, Energy and Management Consulting Group provides technical and consulting services primarily to various DoD and civilian government agencies.

These segments operate under separate management teams and financial information is produced for each segment.  The entities within the IT, Energy and Management Consulting Group reportable segment 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 operating income. Net sales of our business segments exclude intersegment sales as these activities are eliminated in consolidation.
Our segment information for the three months ended March 31, 2016 and 2015 is as follows (in thousands):

   
Three months ended March 31,
  
   
2016
    
2015
  
Revenues:
        
  Supply Chain Management Group
  
$
51,143
    
$
46,242
  
  Aviation Group
    
33,546
      
22,764
  
  Federal Services Group
    
47,715
      
37,792
  
  IT, Energy and Management Consulting Group
    
11,232
      
13,993
  
    Total revenues
  
$
143,636
    
$
120,791
  
                 
Operating income:
                
  Supply Chain Management Group
  
$
9,028
    
$
8,306
  
  Aviation Group
    
3,289
      
2,113
  
  Federal Services Group
    
389
      
(267
)
  IT, Energy and Management Consulting Group
    
888
      
1,215
  
  Corporate/unallocated expenses
    
(853
)
    
(683
)
   Operating income
  
$
12,741
    
$
10,684
  


Customer Information

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


   
Three months ended March 31,
  
Customer
  
2016
    
%
    
2015
    
%
  
U. S. Postal Service
  
$
46,297
      
32.2
    
$
44,180
      
36.6
  
                                 
U.S. Navy
    
29,891
      
20.8
      
21,397
      
17.7
  
U.S. Army
    
22,210
      
15.5
      
19,171
      
15.9
  
U.S. Air Force
    
981
      
0.7
      
790
      
0.6
  
Total-DoD
    
53,082
      
37.0
      
41,358
      
34.2
  
                                 
Commercial Aviation
    
33,546
      
23.3
      
22,764
      
18.9
  
Other Commercial
    
2,283
      
1.6
      
1,207
      
1.0
  
Total-Commercial
    
35,829
      
24.9
      
23,971
      
19.9
  
                                 
Department of Energy
    
2,903
      
2.0
      
4,444
      
3.7
  
Social Security Administration
    
2,587
      
1.8
      
2,450
      
2.0
  
Other Government
    
2,938
      
2.1
      
4,388
      
3.6
  
Total-Other Civilian Agencies
    
8,428
      
5.9
      
11,282
      
9.3
  
                                 
Total
  
$
143,636
      
100.0
    
$
120,791
      
100.0