| Segment Information |
Our segment information is as follows (in thousands):
For the years ended December 31, |
|
|
|
|
|
|
|
|
|
| |
|
2015 |
|
|
2014 |
|
|
2013 |
|
Revenues |
|
|
|
|
|
|
|
|
|
Supply Chain Management Group |
|
$ |
196,772 |
|
|
$ |
172,482 |
|
|
$ |
154,702 |
|
Aviation Group |
|
|
119,729 |
|
|
|
- |
|
|
|
- |
|
Federal Services Group |
|
|
166,973 |
|
|
|
190,761 |
|
|
|
242,343 |
|
IT, Energy and Management Consulting Group |
|
|
50,508 |
|
|
|
60,828 |
|
|
|
74,593 |
|
Total revenues |
|
$ |
533,982 |
|
|
$ |
424,071 |
|
|
$ |
471,638 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
Operating income: |
|
|
|
|
|
|
|
|
|
|
|
|
Supply Chain Management Group |
|
$ |
35,453 |
|
|
$ |
29,694 |
|
|
$ |
27,299 |
|
Aviation Group |
|
|
10,635 |
|
|
|
- |
|
|
|
- |
|
Federal Services Group |
|
|
2,071 |
|
|
|
3,452 |
|
|
|
9,469 |
|
IT, Energy and Management Consulting Group |
|
|
4,731 |
|
|
|
6,634 |
|
|
|
9,061 |
|
Corporate |
|
|
(2,351 |
) |
|
|
(2,850 |
) |
|
|
(1,726 |
) |
Operating income |
|
$ |
50,539 |
|
|
$ |
36,930 |
|
|
$ |
44,103 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
Depreciation and amortization expense: |
|
|
|
|
|
|
|
|
|
|
|
|
Supply Chain Management Group |
|
$ |
7,074 |
|
|
$ |
5,373 |
|
|
$ |
4,265 |
|
Aviation Group |
|
|
5,865 |
|
|
|
- |
|
|
|
- |
|
Federal Services Group |
|
|
10,635 |
|
|
|
11,320 |
|
|
|
13,356 |
|
IT, Energy and Management Consulting Group |
|
|
1,967 |
|
|
|
2,077 |
|
|
|
2,387 |
|
Total depreciation and amortization |
|
$ |
25,541 |
|
|
$ |
18,770 |
|
|
$ |
20,008 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
Capital expenditures: |
|
|
|
|
|
|
|
|
|
|
|
|
Supply Chain Management Group |
|
$ |
7,544 |
|
|
$ |
2,524 |
|
|
$ |
895 |
|
Aviation Group |
|
|
959 |
|
|
|
- |
|
|
|
- |
|
Federal Services Group |
|
|
78 |
|
|
|
230 |
|
|
|
1,447 |
|
IT, Energy and Management Consulting Group |
|
|
16 |
|
|
|
199 |
|
|
|
71 |
|
Corporate |
|
|
1,965 |
|
|
|
461 |
|
|
|
2,003 |
|
Total capital expenditures |
|
$ |
10,562 |
|
|
$ |
3,414 |
|
|
$ |
4,416 |
|
| |
|
December 31, |
|
| |
|
2015 |
|
|
2014 |
|
Total assets: |
|
|
|
|
|
|
Supply Chain Management Group |
|
$ |
189,654 |
|
|
$ |
192,720 |
|
Aviation Group |
|
|
264,160 |
|
|
|
- |
|
Federal Services Group |
|
|
38,626 |
|
|
|
36,225 |
|
IT, Energy and Management Consulting Group |
|
|
47,107 |
|
|
|
49,790 |
|
Corporate |
|
|
82,587 |
|
|
|
76,595 |
|
Total assets |
|
$ |
622,134 |
|
|
$ |
355,330 |
|
|
| Revenue by Customer |
Our customers also include various other government agencies and commercial entities. Our revenue by customer is as follows for the years ended December 31, (in thousands):
| |
|
Revenues by Customer |
|
| |
|
(dollars in thousands) |
|
| |
|
Years ended December 31, |
|
Customer |
|
2015 |
|
|
% |
|
|
2014 |
|
|
% |
|
|
2013 |
|
|
% |
|
U. S. Postal Service |
|
$ |
184,876 |
|
|
|
34.6 |
|
|
$ |
167,268 |
|
|
|
39.4 |
|
|
$ |
142,203 |
|
|
|
30.1 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
U.S. Army |
|
|
80,086 |
|
|
|
15.0 |
|
|
|
101,714 |
|
|
|
24.0 |
|
|
|
101,736 |
|
|
|
21.6 |
|
U.S. Navy |
|
|
98,887 |
|
|
|
18.5 |
|
|
|
88,007 |
|
|
|
20.7 |
|
|
|
123,307 |
|
|
|
26.1 |
|
U.S. Air Force |
|
|
3,558 |
|
|
|
0.7 |
|
|
|
3,323 |
|
|
|
0.8 |
|
|
|
3,625 |
|
|
|
0.8 |
|
Total - DoD |
|
|
182,531 |
|
|
|
34.2 |
|
|
|
193,044 |
|
|
|
45.5 |
|
|
|
228,668 |
|
|
|
48.5 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Commercial Aviation |
|
|
119,729 |
|
|
|
22.4 |
|
|
|
- |
|
|
|
- |
|
|
|
- |
|
|
|
- |
|
Other Commercial |
|
|
4,653 |
|
|
|
0.9 |
|
|
|
3,680 |
|
|
|
0.9 |
|
|
|
2,250 |
|
|
|
0.5 |
|
Total - Commercial |
|
|
124,382 |
|
|
|
23.3 |
|
|
|
3,680 |
|
|
|
0.9 |
|
|
|
2,250 |
|
|
|
0.5 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Department of Energy |
|
|
16,020 |
|
|
|
3.0 |
|
|
|
19,000 |
|
|
|
4.5 |
|
|
|
20,124 |
|
|
|
4.3 |
|
Social Security Administration |
|
|
9,666 |
|
|
|
1.8 |
|
|
|
10,153 |
|
|
|
2.4 |
|
|
|
12,981 |
|
|
|
2.8 |
|
Department of Treasury |
|
|
1,405 |
|
|
|
0.3 |
|
|
|
10,897 |
|
|
|
2.6 |
|
|
|
35,929 |
|
|
|
7.6 |
|
Other Government |
|
|
15,102 |
|
|
|
2.8 |
|
|
|
20,029 |
|
|
|
4.7 |
|
|
|
29,483 |
|
|
|
6.2 |
|
Total - Other Civilian Agencies |
|
|
42,193 |
|
|
|
7.9 |
|
|
|
60,079 |
|
|
|
14.2 |
|
|
|
98,517 |
|
|
|
20.9 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Total |
|
$ |
533,982 |
|
|
|
100.0 |
|
|
$ |
424,071 |
|
|
|
100.0 |
|
|
$ |
471,638 |
|
|
|
100.0 |
|
|