| Segment Information |
Our segment information is as follows (in thousands):
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Three months ended September 30, |
|
Nine months ended September 30, |
|
|
2018 |
|
2017 |
|
2018 |
|
2017 |
Revenues: |
|
|
|
|
|
|
|
|
Supply Chain Management Group |
|
$ |
51,834 |
|
|
$ |
51,174 |
|
|
$ |
161,961 |
|
|
$ |
163,663 |
|
Aviation Group |
|
34,000 |
|
|
31,059 |
|
|
102,554 |
|
|
96,003 |
|
Federal Services Group |
|
83,097 |
|
|
91,931 |
|
|
251,707 |
|
|
305,652 |
|
Total revenues |
|
$ |
168,931 |
|
|
$ |
174,164 |
|
|
$ |
516,222 |
|
|
$ |
565,318 |
|
|
|
|
|
|
|
|
|
|
Operating income: |
|
|
|
|
|
|
|
|
|
|
|
|
Supply Chain Management Group |
|
$ |
7,783 |
|
|
$ |
8,178 |
|
|
$ |
23,547 |
|
|
$ |
25,611 |
|
Aviation Group |
|
2,184 |
|
|
1,983 |
|
|
7,291 |
|
|
6,898 |
|
Federal Services Group |
|
6,186 |
|
|
2,593 |
|
|
12,270 |
|
|
10,503 |
|
Corporate/unallocated expenses |
|
(456 |
) |
|
(517 |
) |
|
(1,963 |
) |
|
(1,574 |
) |
Operating income |
|
$ |
15,697 |
|
|
$ |
12,237 |
|
|
$ |
41,145 |
|
|
$ |
41,438 |
|
|
| Revenue by Customer |
Our revenues by customer is as follows (dollars in thousands):
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Three months ended September 30, |
|
Nine months ended September 30, |
Customer |
|
2018 |
|
% |
|
2017 |
|
% |
|
2018 |
|
% |
|
2017 |
|
% |
U.S. Postal Service |
|
$ |
43,031 |
|
|
25.5 |
% |
|
$ |
43,833 |
|
|
25.2 |
% |
|
$ |
130,151 |
|
|
25.2 |
% |
|
$ |
136,261 |
|
|
24.1 |
% |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
U.S. Navy |
|
37,013 |
|
|
21.9 |
% |
|
38,895 |
|
|
22.3 |
% |
|
115,294 |
|
|
22.4 |
% |
|
143,421 |
|
|
25.4 |
% |
U.S. Army |
|
38,167 |
|
|
22.6 |
% |
|
45,717 |
|
|
26.3 |
% |
|
122,502 |
|
|
23.7 |
% |
|
150,217 |
|
|
26.6 |
% |
U.S. Air Force |
|
4,822 |
|
|
2.9 |
% |
|
2,967 |
|
|
1.7 |
% |
|
12,046 |
|
|
2.3 |
% |
|
5,807 |
|
|
1.0 |
% |
Total - DoD |
|
80,002 |
|
|
47.4 |
% |
|
87,579 |
|
|
50.3 |
% |
|
249,842 |
|
|
48.4 |
% |
|
299,445 |
|
|
53.0 |
% |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Commercial aviation |
|
32,641 |
|
|
19.3 |
% |
|
30,637 |
|
|
17.6 |
% |
|
98,213 |
|
|
19.0 |
% |
|
94,706 |
|
|
16.8 |
% |
Other commercial |
|
3,386 |
|
|
2.0 |
% |
|
2,833 |
|
|
1.6 |
% |
|
10,418 |
|
|
2.0 |
% |
|
9,270 |
|
|
1.6 |
% |
Total - Commercial |
|
36,027 |
|
|
21.3 |
% |
|
33,470 |
|
|
19.2 |
% |
|
108,631 |
|
|
21.0 |
% |
|
103,976 |
|
|
18.4 |
% |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Other government |
|
9,871 |
|
|
5.8 |
% |
|
9,282 |
|
|
5.3 |
% |
|
27,598 |
|
|
5.4 |
% |
|
25,636 |
|
|
4.5 |
% |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Total |
|
$ |
168,931 |
|
|
100 |
% |
|
$ |
174,164 |
|
|
100 |
% |
|
$ |
516,222 |
|
|
100 |
% |
|
$ |
565,318 |
|
|
100 |
% |
|