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Segment Information
 9 Months Ended
Sep. 30, 2013
Segment Reporting [Abstract]  
Segment Information
SEGMENT INFORMATION
The Company operates in two reportable segments, as described below. The CAM segment consists of the Company's aircraft leasing operations and its segment earnings includes an allocation of interest expense. The ACMI Services segment consists of the Company's airline operations, including the CMI agreement with DHL as well as ACMI and charter service agreements that the Company has with other customers. Due to the similarities among the Company's airline operations, the airline operations are aggregated into a single reportable segment, ACMI Services. The Company's other activities, which include contracts with the USPS, the sale of aircraft parts and maintenance services, facility and ground equipment maintenance services and management services for workers' compensation do not constitute reportable segments and are combined in “All other” with inter-segment profit eliminations. Inter-segment revenues are valued at arms-length, market rates. Cash, cash equivalents and deferred tax assets are reflected in Assets - All other below. The Company's segment information from continuing operations is presented below (in thousands):
 
Three Months Ending
 
Nine Months Ending
 
September 30,
 
September 30,
 
2013
 
2012
 
2013
 
2012
Total revenues:
 
 
 
 
 
 
 
CAM
$
40,089

 
$
39,155

 
$
118,420

 
$
115,073

ACMI Services
109,429

 
122,526

 
327,349

 
357,110

All other
30,037

 
26,773

 
83,242

 
81,876

Eliminate inter-segment revenues
(38,678
)
 
(34,628
)
 
(105,951
)
 
(101,173
)
Total
$
140,877

 
$
153,826

 
$
423,060

 
$
452,886

Customer revenues:
 
 
 
 
 
 
 
CAM
$
17,373

 
$
18,638

 
$
53,553

 
$
56,663

ACMI Services
109,429

 
122,526

 
327,349

 
357,110

All other
14,075

 
12,662

 
42,158

 
39,113

Total
$
140,877

 
$
153,826

 
$
423,060

 
$
452,886

Depreciation and amortization expense:
 
 
 
 
 
 
 
CAM
$
16,697

 
$
15,187

 
$
46,016

 
$
44,288

ACMI Services
6,821

 
5,685

 
19,651

 
18,244

All other
(126
)
 
185

 
410

 
339

Total
$
23,392

 
$
21,057

 
$
66,077

 
$
62,871

Segment earnings (loss):
 
 
 
 
 
 
 
CAM
$
15,893

 
$
17,334

 
$
49,980

 
$
50,819

ACMI Services
(7,113
)
 
(1,746
)
 
(21,610
)
 
(11,543
)
     All other
4,400

 
3,373

 
9,188

 
8,602

Net unallocated interest expense
(367
)
 
(296
)
 
(810
)
 
(961
)
Net gain on derivative instruments
(317
)
 
294

 
425

 
956

Pre-tax earnings from continuing operations
$
12,496

 
$
18,959

 
$
37,173

 
$
47,873


The Company's assets are presented below by segment (in thousands):
 
September 30,
 
December 31,
 
2013
 
2012
Assets:
 
 
 
CAM
$
807,571

 
$
810,664

ACMI Services
177,603

 
161,650

All other
80,957

 
63,297

Total
$
1,066,131

 
$
1,035,611


Interest expense of $0.1 million and $0.4 million for the three and nine month periods ending September 30, 2013, respectively, compared to $0.2 million and $0.7 million for the corresponding periods in 2012, respectively, was reimbursed through the commercial agreements with DHL and included in the ACMI Services segment earnings above. Interest expense allocated to CAM was $3.3 million and $9.2 million for the three and nine month periods ending September 30, 2013, respectively, compared to $3.1 million and $9.1 million for the corresponding periods of 2012, respectively.