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Note 8 - Segment Information
3 Months Ended
Jun. 30, 2014
Segment Reporting [Abstract]  
Segment Reporting Disclosure [Text Block]

8.

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 June 30,

 
   

2014

   

2013

 

Operating Revenues:

               

Overnight Air Cargo

  $ 11,680,942     $ 12,408,189  

Ground Equipment Sales:

               

Domestic

    4,473,939       5,000,871  

International

    837,994       235,692  

Total Ground Equipment Sales

    5,311,933       5,236,563  

Ground Support Services

    4,785,662       3,635,302  

Total

  $ 21,778,537     $ 21,280,054  
                 

Operating Income (Loss):

               

Overnight Air Cargo

  $ 545,287     $ 672,247  

Ground Equipment Sales

    (180,198 )     6,211  

Ground Support Services

    221,414       250,167  

Corporate

    (487,679 )     (708,167 )

Total

  $ 98,824     $ 220,458  
                 

Capital Expenditures:

               

Overnight Air Cargo

  $ 38,580     $ -  

Ground Equipment Sales

    151,731       16,079  

Ground Support Services

    84,705       75,404  

Corporate

    -       5,932  

Total

  $ 275,016     $ 97,415  
                 

Depreciation and Amortization:

               

Overnight Air Cargo

  $ 38,173     $ 42,388  

Ground Equipment Sales

    126,173       55,940  

Ground Support Services

    43,828       32,438  

Corporate

    8,366       13,535  

Total

  $ 216,540     $ 144,301