| Segment Information |
Our segment information is as follows (in thousands):
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For the years ended December 31, |
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|
2017 |
|
2016 |
|
2015 |
Revenues |
|
|
|
|
|
Supply Chain Management Group |
$ |
214,542 |
|
|
$ |
205,475 |
|
|
$ |
196,772 |
|
Aviation Group |
134,809 |
|
|
133,466 |
|
|
119,729 |
|
Federal Services Group |
410,762 |
|
|
352,849 |
|
|
217,481 |
|
Total revenues |
$ |
760,113 |
|
|
$ |
691,790 |
|
|
$ |
533,982 |
|
|
|
|
|
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|
Operating income: |
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|
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|
Supply Chain Management Group |
$ |
33,754 |
|
|
$ |
34,632 |
|
|
$ |
35,453 |
|
Aviation Group |
9,695 |
|
|
12,823 |
|
|
10,635 |
|
Federal Services Group |
13,419 |
|
|
7,796 |
|
|
6,802 |
|
Corporate expenses |
(2,543 |
) |
|
(3,722 |
) |
|
(2,351 |
) |
Operating income |
$ |
54,325 |
|
|
$ |
51,529 |
|
|
$ |
50,539 |
|
|
|
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|
Depreciation and amortization expense: |
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Supply Chain Management Group |
$ |
6,536 |
|
|
$ |
6,445 |
|
|
$ |
7,074 |
|
Aviation Group |
4,835 |
|
|
5,461 |
|
|
5,865 |
|
Federal Services Group |
14,511 |
|
|
14,140 |
|
|
12,602 |
|
Total depreciation and amortization |
$ |
25,882 |
|
|
$ |
26,046 |
|
|
$ |
25,541 |
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|
Capital expenditures: |
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|
|
|
Supply Chain Management Group |
$ |
1,376 |
|
|
$ |
4,195 |
|
|
$ |
7,544 |
|
Aviation Group |
1,387 |
|
|
1,459 |
|
|
959 |
|
Federal Services Group |
177 |
|
|
94 |
|
|
94 |
|
Corporate |
373 |
|
|
1,624 |
|
|
1,965 |
|
Total capital expenditures |
$ |
3,313 |
|
|
$ |
7,372 |
|
|
$ |
10,562 |
|
|
|
|
|
|
|
|
|
|
|
December 31, |
|
2017 |
|
2016 |
Total assets: |
|
|
|
Supply Chain Management Group |
$ |
176,860 |
|
|
$ |
185,004 |
|
Aviation Group |
282,738 |
|
|
291,500 |
|
Federal Services Group |
102,372 |
|
|
107,549 |
|
Corporate |
67,043 |
|
|
77,786 |
|
Total assets |
$ |
629,013 |
|
|
$ |
661,839 |
|
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| Revenue by Customer |
Our revenue by customer is as follows for the years ended December 31, (in thousands):
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Revenues by Customer
Years ended December 31,
|
Customer |
|
2017 |
|
% |
|
2016 |
|
% |
|
2015 |
|
% |
U.S. Postal Service |
|
$ |
180,205 |
|
|
23.7 |
|
$ |
181,215 |
|
|
26.2 |
|
$ |
184,876 |
|
|
34.6 |
|
|
|
|
|
|
|
|
|
|
|
|
|
U.S. Navy |
|
206,644 |
|
|
27.2 |
|
190,155 |
|
|
27.5 |
|
98,887 |
|
|
18.5 |
U.S. Army |
|
188,462 |
|
|
24.8 |
|
139,764 |
|
|
20.2 |
|
80,086 |
|
|
15.0 |
U.S. Air Force |
|
7,123 |
|
|
0.9 |
|
3,482 |
|
|
0.5 |
|
3,558 |
|
|
0.7 |
Total - DoD |
|
402,229 |
|
|
52.9 |
|
333,401 |
|
|
48.2 |
|
182,531 |
|
|
34.2 |
|
|
|
|
|
|
|
|
|
|
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|
Commercial Aviation |
|
126,960 |
|
|
16.7 |
|
131,067 |
|
|
19.0 |
|
119,729 |
|
|
22.4 |
Other Commercial |
|
12,498 |
|
|
1.7 |
|
10,721 |
|
|
1.5 |
|
4,653 |
|
|
0.9 |
Total - Commercial |
|
139,458 |
|
|
18.4 |
|
141,788 |
|
|
20.5 |
|
124,382 |
|
|
23.3 |
|
|
|
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|
|
|
|
|
|
|
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|
Other Government |
|
38,221 |
|
|
5.0 |
|
35,386 |
|
|
5.1 |
|
42,193 |
|
|
7.9 |
|
|
|
|
|
|
|
|
|
|
|
|
|
Total |
|
$ |
760,113 |
|
|
100.0 |
|
$ |
691,790 |
|
|
100.0 |
|
$ |
533,982 |
|
|
100.0 |
|
| Revenue from External Customers by Geographic Areas |
Revenue by geography is based on the billing address of the customer. Our revenue by geographic area is as follows (in thousands):
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Years ended December 31, |
|
|
2017 |
|
2016 |
|
2015 |
United States |
|
$ |
708,474 |
|
|
$ |
638,726 |
|
|
$ |
481,466 |
|
Other Countries (1)
|
|
51,639 |
|
|
53,064 |
|
|
52,516 |
|
Total revenue |
|
$ |
760,113 |
|
|
$ |
691,790 |
|
|
$ |
533,982 |
|
(1) No individual country, other than disclosed above, exceeded 10% of our total revenue for any period presented.
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