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Note 16 - Segment Information
12 Months Ended
Mar. 31, 2015
Notes to Financial Statements  
Segment Reporting Disclosure [Text Block]
16.
SEGMENT INFORMATION
 
The Company operates in three business segments. The overnight air cargo segment, comprised of its 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 its Global Ground Support, LLC (“GGS”) subsidiary, manufactures and provides mobile deicers and other specialized equipment to airlines, airports, the military and industrial customers. The ground support services segment, comprised of its 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. The Company evaluates the performance of its operating segments based on operating income. Segment data is summarized as follows:
 
 
   
Year Ended March 31,
 
   
2015
   
2014
 
Operating Revenues:                
Overnight Air Cargo
  $ 49,864,547     $ 52,341,439  
Ground Equipment Sales:
               
Domestic
    33,231,529       25,928,216  
International
    8,538,866       5,581,976  
Total Ground Equipment Sales
    41,770,395       31,510,192  
Ground Support Services
    20,546,216       16,920,414  
Total
  $ 112,181,158     $ 100,772,045  
                 
Operating Income (Loss):                
Overnight Air Cargo
  $ 1,174,330     $ 2,158,525  
Ground Equipment Sales
    4,283,683       2,397,357  
Ground Support Services
    266,862       1,085,103  
Corporate
    (2,308,172 )     (3,008,445 )
Total
  $ 3,416,703     $ 2,632,540  
                 
Capital Expenditures:                
Overnight Air Cargo
  $ 245,548     $ 119,559  
Ground Equipment Sales
    1,360,140       841,903  
Ground Support Services
    256,918       289,598  
Corporate
    69,175       32,108  
Total
  $ 1,931,781     $ 1,283,168  
                 
Depreciation and Amortization:                
Overnight Air Cargo
  $ 158,179     $ 166,796  
Ground Equipment Sales
    502,648       400,879  
Ground Support Services
    167,743       134,663  
Corporate
    28,340       50,074  
Total
  $ 856,911     $ 752,412  
 
 
For the fiscal years ended March 31, 2015 and 2014, capital expenditures of the ground equipment sales segment included the capitalization of $1,132,115 and $788,239, respectively, for commercial aircraft
deicers to be held for leasing.