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Revenue Recognition (Tables)
3 Months Ended
Jun. 30, 2019
Revenue from Contract with Customer [Abstract]  
Disaggregation of Revenue
The following table summarizes disaggregated revenues by type:
 
Three Months Ended
June 30, 2019
 
Three Months Ended
June 30, 2018
Product Sales
 
 
 
Air cargo
$
5,414,377

 
$
5,519,611

Ground equipment sales
12,002,366

 
6,169,103

Ground support services
2,266,859

 
2,422,581

Commercial jet engines and parts
11,170,632

 
25,029,114

Printing equipment and maintenance
48,440

 
286,642

Corporate and other

 

Support Services
 
 
 
Air cargo
12,894,182

 
12,096,874

Ground equipment sales
104,545

 
100,592

Ground support services
6,213,354

 
6,605,265

Commercial jet engines and parts
1,410,027

 
965,826

Printing equipment and maintenance
10,745

 
7,658

Corporate and other
40,552

 

Leasing Revenue
 
 
 
Air cargo

 

Ground equipment sales
20,357

 
31,002

Ground support services

 

Commercial jet engines and parts
3,714,048

 
1,201,510

Printing equipment and maintenance

 

Corporate and other
45,418

 
40,067

Other
 
 
 
Air cargo
11,123

 
24,174

Ground equipment sales
121,623

 
84,084

Ground support services
36,588

 
19,795

Commercial jet engines and parts
32,197

 
123,724

Printing equipment and maintenance
5,085

 
4,523

Corporate and other
142,017

 
135,324

 
 
 
 
Total
$
55,704,535

 
$
60,867,469

The following table summarizes total revenues by segment:
 
Three Months Ended
June 30, 2019
 
Three Months Ended
June 30, 2018
Air cargo
$
18,319,682

 
$
17,640,658

Ground equipment sales
12,248,891

 
6,384,781

Ground support services
8,516,800

 
9,047,640

Commercial jet engines and parts
16,326,905

 
27,320,175

Printing equipment and maintenance
64,270

 
298,823

Corporate and other
227,987

 
175,392

 
 
 
 
Total
$
55,704,535

 
$
60,867,469

Contract with Customer, Asset and Liability
The following table presents outstanding contract liabilities and the amount of outstanding April 1, 2019 contract liabilities that were recognized as revenue during the quarter June 30, 2019:

 
 
Outstanding contract liabilities
 
Outstanding contract liabilities as of April 1, 2019
Recognized as Revenue
As of June 30, 2019

 
$
8,393,700

 
 
As of April 1, 2019
 
$
1,866,843

 
 
For the quarter ended June 30, 2019
 
 
 
$
447,341


Contract assets primarily relate to deposits paid to customers. The following table presents the amount of contract assets as of April 1, 2019 and June 30, 2019:
 
Contract assets
As of June 30, 2019
$
4,621,096

As of April 1, 2019
$
1,743,460