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Segment Information (Tables)
 9 Months Ended
Sep. 30, 2022
Segment Reporting [Abstract]  
Schedule of Segment Information by Regions

Revenue, operating income (loss), general and administrative expenses, and depreciation and amortization by operating segment during the three and nine months ended September 30, 2022 and 2021 (unaudited) were as follows:

 

 

Three Months Ended

Nine Months Ended

 

(millions)

 

September 30, 2022

 

 

September 30, 2021

 

 

September 30, 2022

 

 

September 30, 2021

 

Services revenue

 

 

 

 

 

 

 

 

 

 

 

 

Commercial

 

 

 

 

 

 

 

 

 

 

 

 

Lease type contracts

 

$

68.6

 

 

$

56.9

 

 

$

194.9

 

 

$

147.1

 

Management type contracts

 

 

68.2

 

 

 

59.1

 

 

 

206.0

 

 

 

170.6

 

Total Commercial

 

$

136.8

 

 

$

116.0

 

 

 

400.9

 

 

 

317.7

 

Aviation

 

 

 

 

 

 

 

 

 

 

 

 

Lease type contracts

 

 

3.6

 

 

 

2.8

 

 

 

10.5

 

 

 

6.2

 

Management type contracts

 

 

66.7

 

 

 

42.8

 

 

 

176.6

 

 

 

107.6

 

Total Aviation

 

$

70.3

 

 

$

45.6

 

 

 

187.1

 

 

 

113.8

 

Reimbursed management type contract revenue

 

 

197.3

 

 

 

150.0

 

 

 

547.2

 

 

 

402.5

 

Total services revenue

 

$

404.4

 

 

$

311.6

 

 

$

1,135.2

 

 

$

834.0

 

Operating income (loss)

 

 

 

 

 

 

 

 

 

 

 

 

Commercial

 

$

32.4

 

 

$

25.5

 

 

$

95.7

 

 

$

73.6

 

Aviation

 

 

9.7

 

 

 

6.5

 

 

 

26.3

 

 

 

15.6

 

Other

 

 

(18.3

)

 

 

(13.1

)

 

 

(52.5

)

 

 

(41.0

)

Total operating income

 

$

23.8

 

 

$

18.9

 

 

$

69.5

 

 

$

48.2

 

General and administrative expenses

 

 

 

 

 

 

 

 

 

 

 

 

Commercial

 

$

7.2

 

 

$

5.9

 

 

$

21.1

 

 

$

16.9

 

Aviation

 

 

3.1

 

 

 

2.9

 

 

 

8.7

 

 

 

8.6

 

Other

 

 

16.9

 

 

 

12.3

 

 

 

48.6

 

 

 

38.6

 

Total general and administrative expenses

 

$

27.2

 

 

$

21.1

 

 

$

78.4

 

 

$

64.1

 

Depreciation and amortization

 

 

 

 

 

 

 

 

 

 

 

 

Commercial(1)

 

$

3.4

 

 

$

3.1

 

 

$

9.2

 

 

$

9.8

 

Aviation(2)

 

 

2.4

 

 

 

2.1

 

 

 

7.4

 

 

 

6.3

 

Other

 

 

1.4

 

 

 

0.8

 

 

 

3.9

 

 

 

2.4

 

Total depreciation and amortization

 

$

7.2

 

 

$

6.0

 

 

$

20.5

 

 

$

18.5

 
(1)
Included depreciation and amortization expenses related to cost of services activities of $2.1 million and $1.8 million during the three months ended September 30, 2022 and 2021, respectively, and $5.5 million and $5.8 million during the nine months ended September 30, 2022 and 2021, respectively.
(2)
Included depreciation and amortization expenses related to cost of service activities of $1.3 million and $1.1 million during the three months ended September 30, 2022 and 2021, respectively, and $3.5 million and $3.2 million during the nine months ended September 30, 2022 and 2021, respectively.