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Business Segments and Customer Information
6 Months Ended
Jun. 30, 2022
Segment Reporting [Abstract]  
Business Segments and Customer Information Business Segments and Customer Information
Business Segments

Management of our business operations is conducted under three reportable operating segments:

Aviation
Our Aviation segment provides aftermarket repair and distribution services to commercial, business and general aviation, cargo, military and defense, and rotorcraft customers globally. Core services include parts distribution, engine accessory maintenance, MRO services, rotable exchange and supply chain services.

Fleet
Our Fleet segment provides parts, inventory management, e-commerce fulfillment, logistics, supply chain support and other services to support the commercial aftermarket medium- and heavy-duty truck market, the United States Postal Service ("USPS"), and the DoD. Core services include vehicle parts distribution, sourcing, IT solutions, customized fleet logistics, warehousing, kitting, just-in-time supply chain management, alternative product sourcing, and engineering and technical support.

Federal and Defense
Our Federal and Defense segment provides aftermarket MRO and logistics services to improve operational readiness and extend the life cycle of military vehicles, ships and aircraft for the DoD, federal agencies and international defense customers. Core services include procurement; supply chain management; vehicle, maritime and aircraft sustainment services; base operations support; IT services and energy consulting.
We evaluate segment performance based on consolidated revenues and operating income. Net sales of our business segments exclude inter-segment sales as these activities are eliminated in consolidation. Corporate expenses are primarily selling, general and administrative expenses not allocated to segments. Our segment information is as follows (in thousands):

 Three months ended June 30,Six months ended June 30,
 2022202120222021
Revenues:
Aviation$105,019 $47,515 $198,309 $91,886 
Fleet64,742 58,057 131,772 112,804 
Federal and Defense71,952 69,540 142,871 135,403 
Total revenues$241,713 $175,112 $472,952 $340,093 
Operating income (loss):    
Aviation$6,450 $(22,272)$14,072 $(22,604)
Fleet5,366 4,000 11,747 9,741 
Federal and Defense2,552 6,999 1,864 12,024 
Corporate/unallocated expenses (217)(1,441)(1,618)(2,272)
Operating income (loss)$14,151 $(12,714)$26,065 $(3,111)