Note 12 - Segment Information (Tables)

9 Months Ended

Dec. 31, 2016

Notes Tables

Schedule of Segment Reporting Information, by Segment [Table Text Block]

	Three Months Ended December 31,						Nine Months Ended December 31,
	2016			2015			2016			2015
Operating Revenues:
Overnight Air Cargo	$	17,099,640		$	18,674,458		$	50,888,019		$	48,949,401
Ground Equipment Sales:
Domestic		781,519			19,120,611			16,472,690			41,261,674
International		1,960,841			1,320,235			4,029,235			4,501,549
Total Ground Equipment Sales		2,742,360			20,440,846			20,501,925			45,763,223
Ground Support Services		7,579,661			6,559,110			21,417,854			17,974,239
Printing Equipment and Maintenance
Domestic		2,151,030			789,000			5,400,433			789,000
International		538,868			246,000			2,248,291			246,000
Total Printing Equipment and Maintenance		2,689,898			1,035,000			7,648,724			1,035,000
Commercial Jet Engines:
Domestic		1,558,983			-			2,009,171			-
International		1,439,182			-			2,284,101			-
Total Commercial Jet Engines		2,998,165			-			4,293,272			-
Leasing		37,547			5,718			501,062			5,718
Corporate		281,926			265,837			845,778			796,884
Intercompany		2,339,973			(362,396	)		(1,311,221	)		(893,443	)
Total	$	35,769,170		$	46,618,573		$	104,785,413		$	113,631,022
Operating Income (Loss):
Overnight Air Cargo	$	716,356		$	1,099,335		$	2,136,337		$	2,484,097
Ground Equipment Sales		(912,893	)		3,841,378			672,464			7,685,291
Ground Support Services		(41,199	)		(69,620	)		(391,968	)		(675,813	)
Printing Equipment and Maintenance		1,056,972			(883,000	)		(5,890,238	)		(883,000	)
Commercial Jet Engines		491,479			-			534,285			-
Leasing		226,011			(194	)		405,426			(194	)
Corporate		(453,577	)		(2,686	)		(1,917,110	)		(169,617	)
Intercompany		556,268			(95,096	)		38,478			(95,096	)
Total	$	1,639,417		$	3,890,117		$	(4,412,326	)	$	8,345,668
Capital Expenditures:
Overnight Air Cargo	$	43,542		$	6,618		$	79,582		$	82,607
Ground Equipment Sales		-			119,455			19,596			338,194
Ground Support Services		119,381			220,816			331,520			429,588
Printing Equipment and Maintenance		-			-			9,927			-
Commercial Jet Engines		50,154			-			50,154			-
Leasing		-			241,398			3,066,500			241,398
Corporate		393,890			190,733			1,027,228			200,666
Intercompany		-			(241,398	)		(3,066,500	)		(241,398	)
Total	$	606,967		$	537,622		$	1,518,007		$	1,051,055
Depreciation and Amortization:
Overnight Air Cargo	$	31,866		$	37,068		$	91,175		$	106,161
Ground Equipment Sales		359,021			165,401			453,941			364,465
Ground Support Services		103,600			60,993			274,309			149,560
Printing Equipment and Maintenance		(13,082	)		17,000			1,713,322			17,000
Commercial Jet Engines		38,221			-			66,627			-
Leasing		14,516			3,658			232,806			3,658
Corporate		49,390			13,817			116,175			28,214
Intercompany		(171,734	)		(1,463	)		(193,284	)		(1,463	)
Total	$	411,798		$	296,474		$	2,755,071		$	667,595