| Segment Information |
Our segment information is as follows (in thousands):
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Three months ended June 30, |
|
Six months ended June 30, |
|
|
2018 |
|
2017 |
|
2018 |
|
2017 |
Revenues: |
|
|
|
|
|
|
|
|
Supply Chain Management Group |
|
$ |
54,263 |
|
|
$ |
56,404 |
|
|
$ |
110,127 |
|
|
$ |
112,489 |
|
Aviation Group |
|
35,804 |
|
|
32,590 |
|
|
68,554 |
|
|
64,944 |
|
Federal Services Group |
|
80,327 |
|
|
104,866 |
|
|
168,610 |
|
|
213,721 |
|
Total revenues |
|
$ |
170,394 |
|
|
$ |
193,860 |
|
|
$ |
347,291 |
|
|
$ |
391,154 |
|
|
|
|
|
|
|
|
|
|
Operating income: |
|
|
|
|
|
|
|
|
|
|
|
|
Supply Chain Management Group |
|
$ |
8,168 |
|
|
$ |
8,950 |
|
|
$ |
15,764 |
|
|
$ |
17,433 |
|
Aviation Group |
|
2,846 |
|
|
2,579 |
|
|
5,107 |
|
|
4,915 |
|
Federal Services Group |
|
3,606 |
|
|
3,992 |
|
|
6,084 |
|
|
7,910 |
|
Corporate/unallocated expenses |
|
(765 |
) |
|
(516 |
) |
|
(1,507 |
) |
|
(1,057 |
) |
Operating income |
|
$ |
13,855 |
|
|
$ |
15,005 |
|
|
$ |
25,448 |
|
|
$ |
29,201 |
|
|
| Revenue by Customer |
Our revenues by customer is as follows (dollars in thousands):
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Three months ended June 30, |
|
Six months ended June 30, |
Customer |
|
2018 |
|
% |
|
2017 |
|
% |
|
2018 |
|
% |
|
2017 |
|
% |
U.S. Postal Service |
|
$ |
43,089 |
|
|
25.3 |
% |
|
$ |
45,959 |
|
|
23.7 |
% |
|
$ |
87,120 |
|
|
25.1 |
% |
|
$ |
92,428 |
|
|
23.6 |
% |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
U.S. Navy |
|
35,696 |
|
|
20.9 |
% |
|
52,030 |
|
|
26.8 |
% |
|
78,281 |
|
|
22.5 |
% |
|
104,526 |
|
|
26.7 |
% |
U.S. Army |
|
41,548 |
|
|
24.4 |
% |
|
50,399 |
|
|
26.1 |
% |
|
84,335 |
|
|
24.3 |
% |
|
104,500 |
|
|
26.7 |
% |
U.S. Air Force |
|
4,943 |
|
|
2.9 |
% |
|
1,822 |
|
|
0.9 |
% |
|
7,224 |
|
|
2.1 |
% |
|
2,840 |
|
|
0.7 |
% |
Total - DoD |
|
82,187 |
|
|
48.2 |
% |
|
104,251 |
|
|
53.8 |
% |
|
169,840 |
|
|
48.9 |
% |
|
211,866 |
|
|
54.1 |
% |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Commercial aviation |
|
34,037 |
|
|
20.0 |
% |
|
32,265 |
|
|
16.6 |
% |
|
65,572 |
|
|
18.9 |
% |
|
64,069 |
|
|
16.4 |
% |
Other commercial |
|
3,444 |
|
|
2.0 |
% |
|
3,308 |
|
|
1.7 |
% |
|
7,032 |
|
|
2.0 |
% |
|
6,437 |
|
|
1.7 |
% |
Total - Commercial |
|
37,481 |
|
|
22.0 |
% |
|
35,573 |
|
|
18.3 |
% |
|
72,604 |
|
|
20.9 |
% |
|
70,506 |
|
|
18.1 |
% |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Other government |
|
7,637 |
|
|
4.5 |
% |
|
8,077 |
|
|
4.2 |
% |
|
17,727 |
|
|
5.1 |
% |
|
16,354 |
|
|
4.2 |
% |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Total |
|
$ |
170,394 |
|
|
100 |
% |
|
$ |
193,860 |
|
|
100 |
% |
|
$ |
347,291 |
|
|
100 |
% |
|
$ |
391,154 |
|
|
100 |
% |
|