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Segment Information
 6 Months Ended
Jun. 30, 2014
Segment Reporting [Abstract]  
Segment Information
SEGMENT INFORMATION
The Company operates in two reportable segments. 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
 
Six Months Ending
 
June 30,
 
June 30,
 
2014
 
2013
 
2014
 
2013
Total revenues:
 
 
 
 
 
 
 
CAM
$
40,590

 
$
39,362

 
$
81,225

 
$
78,331

ACMI Services
111,304

 
106,604

 
219,900

 
217,920

All other
36,493

 
26,951

 
63,301

 
53,205

Eliminate inter-segment revenues
(38,769
)
 
(34,013
)
 
(71,215
)
 
(67,273
)
Total
$
149,618

 
$
138,904

 
$
293,211

 
$
282,183

Customer revenues:
 
 
 
 
 
 
 
CAM
$
17,839

 
$
17,845

 
$
36,253

 
$
36,181

ACMI Services
111,304

 
106,604

 
219,900

 
217,920

All other
20,475

 
14,455

 
37,058

 
28,082

Total
$
149,618

 
$
138,904

 
$
293,211

 
$
282,183

Depreciation and amortization expense:
 
 
 
 
 
 
 
CAM
$
20,328

 
$
14,803

 
$
38,673

 
$
29,319

ACMI Services
7,191

 
6,692

 
14,026

 
12,830

All other
(377
)
 
270

 
(578
)
 
536

Total
$
27,142

 
$
21,765

 
$
52,121

 
$
42,685

Segment earnings (loss):
 
 
 
 
 
 
 
CAM
$
10,667

 
$
17,214

 
$
25,107

 
$
34,087

ACMI Services
309

 
(9,093
)
 
(6,737
)
 
(14,497
)
     All other
4,108

 
2,607

 
7,125

 
4,788

Net unallocated interest expense
(424
)
 
(95
)
 
(803
)
 
(443
)
Net gain on derivative instruments
31

 
452

 
330

 
742

Pre-tax earnings from continuing operations
$
14,691

 
$
11,085

 
$
25,022

 
$
24,677


The Company's assets are presented below by segment (in thousands):
 
June 30,
 
December 31,
 
2014
 
2013
Assets:
 
 
 
CAM
$
776,655

 
$
808,987

ACMI Services
156,466

 
141,664

Discontinued operations
952

 
294

All other
90,411

 
82,194

Total
$
1,024,484

 
$
1,033,139


Interest expense of $0.1 million and $0.2 million for the three and six month periods ending June 30, 2014, respectively, compared to $0.1 million and $0.3 million for the corresponding periods in 2013, respectively, was reimbursed through the commercial agreements with DHL and included in the ACMI Services segment earnings above. Interest expense allocated to CAM was $3.0 million and $6.3 million for the three and six month periods ending June 30, 2014, respectively, compared to $3.3 million and $5.9 million for the corresponding periods of 2013, respectively.