Segment Information (Tables)

9 Months Ended

Sep. 30, 2014

The following table presents operating information and identifiable assets by reportable segment (in thousands):

	Quarters Ended September 30,						Nine Months Ended September 30,
	2014			2013			2014			2013
Launch Vehicles:
Revenues	$	129,906		$	127,870		$	392,987		$	396,189
Operating income		16,792			11,267			39,570			33,822
Identifiable assets		207,591			195,294	⁽²⁾		207,591			195,294	⁽²⁾
Capital expenditures		3,511			2,311			8,481			6,984
Depreciation and amortization		4,349			4,745			13,139			13,622
Satellites and Space Systems:
Revenues	$	105,734		$	88,125		$	275,768		$	282,736
Operating income		5,454			8,141			11,465			29,615
Identifiable assets		295,562			288,343	⁽²⁾		295,562			288,343	⁽²⁾
Capital expenditures		3,133			4,175			10,725			14,548
Depreciation and amortization		2,247			2,067			6,366			6,299
Advanced Space Programs:
Revenues	$	106,160		$	121,259		$	323,651		$	351,138
Operating income		14,224			6,198			30,290			19,582
Identifiable assets		330,055			448,015	⁽²⁾		330,055			448,015	⁽²⁾
Capital expenditures		496			836			3,086			3,598
Depreciation and amortization		2,467			2,403			7,485			6,438
Corporate and Other:
Revenues⁽¹⁾	$	(3,593	)	$	(15,278	)	$	(12,790	)	$	(40,193	)
Operating loss		(3,210	)⁽³⁾		-			(9,823	)⁽³⁾		-
Identifiable assets		516,500			353,109	⁽²⁾		516,500			353,109	⁽²⁾
Capital expenditures		1,481			374			2,492			2,399
Depreciation and amortization		1,559			1,551			4,738			4,665
Consolidated:
Revenues	$	338,207		$	321,976		$	979,616		$	989,870
Operating income		33,260			25,606			71,502			83,019
Identifiable assets		1,349,708			1,284,761	⁽²⁾		1,349,708			1,284,761	⁽²⁾
Capital expenditures		8,621			7,696			24,784			27,529
Depreciation and amortization		10,622			10,766			31,728			31,024

(1)

Corporate and other revenues are comprised solely of the elimination of intersegment revenues summarized as follows (in millions):

	Quarters Ended September 30,				Nine Months Ended September 30,
	2014		2013		2014		2013
Launch Vehicles	$	2.5	$	14.1	$	9.4	$	36.1
Satellites and Space Systems		0.9		1.0		2.8		3.3
Advanced Space Programs		0.2		0.2		0.6		0.8
Total intersegment revenues	$	3.6	$	15.3	$	12.8	$	40.2

(2)

As of December 31, 2013.

(3)

The corporate and other operating loss in 2014 is comprised solely of professional fees and other costs pertaining to the proposed Merger (see Note 2).

- Definition

Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss.

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