XML 34 R24.htm IDEA: XBRL DOCUMENT v3.19.2
Segment Information
 3 Months Ended
Jun. 30, 2019
Segment Reporting [Abstract]  
Segment Information
Segment Information
The Company has six business segments: overnight air cargo, ground equipment sales, ground support services, commercial jet engine and parts segment, printing equipment and maintenance and corporate and other. Segment data is summarized as follows:
 
Three Months Ended June 30,
 
2019
 
2018
Operating Revenues by Segment:
 
 
 
Overnight Air Cargo
$
18,319,682

 
$
17,640,658

Ground Equipment Sales:
 
 
 
Domestic
10,858,891

 
5,292,017

International
1,390,000

 
1,095,097

Total Ground Equipment Sales
12,248,891

 
6,387,114

Ground Support Services
8,516,800

 
9,047,640

Printing Equipment and Maintenance
 
 
 
Domestic
21,684

 
194,792

International
46,186

 
107,921

Total Printing Equipment and Maintenance
67,870

 
302,713

Commercial Jet Engines and Parts:
 
 
 
Domestic
8,938,715

 
23,154,535

International
8,141,000

 
5,002,140

Total Commercial Jet Engines and Parts
17,079,715

 
28,156,675

Corporate and other
598,988

 
474,205

Intercompany
(1,127,411
)
 
(1,141,536
)
Total
$
55,704,535

 
$
60,867,469

 
 
 
 
Operating Income (Loss):
 
 
 
Overnight Air Cargo
$
47,918

 
$
1,056,692

Ground Equipment Sales
1,347,378

 
393,500

Ground Support Services
213,081

 
(87,724
)
Printing Equipment and Maintenance
(456,199
)
 
(318,278
)
Commercial Jet Engines and Parts
1,909,029

 
3,282,908

Corporate and other
(1,869,296
)
 
(1,729,200
)
Intercompany
19,788

 
5,804

Total
$
1,211,699

 
$
2,603,702

 
 
 
 
Capital Expenditures:
 
 
 
Overnight Air Cargo
$
8,288

 
$
5,996

Ground Equipment Sales
10,402

 
140,090

Ground Support Services
47,608

 
52,438

Printing Equipment and Maintenance
—

 
—

Commercial Jet Engines and Parts
3,465,404

 
183,821

Corporate and other
60,224

 
77,230

Total
$
3,591,926

 
$
459,575

 
 
 
 
Depreciation, Amortization and Impairment:
 
 
 
Overnight Air Cargo
18,176

 
$
22,763

Ground Equipment Sales
52,380

 
91,349

Ground Support Services
86,252

 
125,055

Printing Equipment and Maintenance
2,225

 
14,331

Commercial Jet Engines and Parts
1,735,490

 
1,097,933

Corporate and other
140,088

 
145,295

Intercompany
(1,325
)
 
(1,325
)
Total
$
2,033,286

 
$
1,495,401