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Note 7 - Segment Information
9 Months Ended
Dec. 31, 2013
Segment Reporting [Abstract]  
Segment Reporting Disclosure [Text Block]

7.        Segment Information


The Company operates in three business segments. The overnight air cargo segment, comprised of the Company’s Mountain Air Cargo, Inc. (“MAC”) and CSA Air, Inc. (“CSA”) subsidiaries, operates in the air express delivery services industry. The ground equipment sales segment, comprised of the Company’s Global Ground Support, LLC (“GGS”) subsidiary, manufactures and provides mobile deicers and other specialized equipment products to passenger and cargo airlines, airports, the U.S. military and industrial customers. The ground support services segment, comprised of the Company’s Global Aviation Services, LLC (“GAS”) subsidiary, provides ground support equipment maintenance and facilities maintenance services to domestic airlines and aviation service providers. Each business segment has separate management teams and infrastructures that offer different products and services. The Company evaluates the performance of its operating segments based on operating income.


Segment data is summarized as follows:


     

Three Months Ended December 31,

   

Nine Months Ended December 31,

 
     

2013

   

2012

   

2013

   

2012

 

Operating Revenues:

                               
 

Overnight Air Cargo

  $ 14,475,404     $ 12,416,819     $ 39,004,768     $ 35,201,746  
 

Ground Equipment Sales:

                               
 

Domestic

    8,180,669       7,802,351       20,554,855       21,353,676  
 

International

    2,870,507       3,142,912       3,640,217       6,420,764  
 

Total Ground Equipment Sales

    11,051,176       10,945,263       24,195,072       27,774,440  
 

Ground Support Services

    4,308,020       3,341,186       12,104,906       9,377,307  
 

Total

  $ 29,834,600     $ 26,703,268     $ 75,304,746     $ 72,353,493  
                                   

Operating Income (Loss):

                               
 

Overnight Air Cargo

  $ 497,552       707,561     $ 1,734,768     $ 2,326,295  
 

Ground Equipment Sales

    1,208,623       441,346       1,667,536       582,089  
 

Ground Support Services

    253,834       407,954       811,449       630,244  
 

Corporate

    (1,164,339 )     (570,319 )     (2,445,133 )     (1,547,482 )
 

Total

  $ 795,670     $ 986,542     $ 1,768,620     $ 1,991,146  
                                   

Capital Expenditures:

                               
 

Overnight Air Cargo

  $ 37,769     $ 36,156     $ 50,005     $ 85,651  
 

Ground Equipment Sales

    10,451       16,508       28,555       128,159  
 

Ground Support Services

    57,748       15,335       159,568       31,373  
 

Corporate

    17,280       3,908       29,395       47,330  
 

Total

  $ 123,248     $ 71,907     $ 267,523     $ 292,513  
                                   

Depreciation and Amortization:

                               
 

Overnight Air Cargo

  $ 42,478     $ 38,815     $ 127,310     $ 114,705  
 

Ground Equipment Sales

    127,191       51,617       274,725       122,546  
 

Ground Support Services

    31,929       32,820       98,223       99,737  
 

Corporate

    13,038       12,994       40,032       42,505  
 

Total

  $ 214,636     $ 136,246     $ 540,290     $ 379,493