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Segment Information
 9 Months Ended
Sep. 30, 2015
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
 
Nine Months Ending
 
September 30,
 
September 30,
 
2015
 
2014
 
2015
 
2014
Total revenues:
 
 
 
 
 
 
 
CAM
$
42,574

 
$
40,226

 
$
131,060

 
$
121,451

ACMI Services
99,918

 
102,853

 
309,278

 
322,753

All other
38,398

 
42,055

 
106,183

 
105,356

Eliminate inter-segment revenues
(38,585
)
 
(46,691
)
 
(108,838
)
 
(117,906
)
Total
$
142,305

 
$
138,443

 
$
437,683

 
$
431,654

Customer revenues:
 
 
 
 
 
 
 
CAM
$
23,671

 
$
20,227

 
$
68,212

 
$
56,480

ACMI Services
98,820

 
102,853

 
308,180

 
322,753

All other
19,814

 
15,363

 
61,291

 
52,421

Total
$
142,305

 
$
138,443

 
$
437,683

 
$
431,654

Depreciation and amortization expense:
 
 
 
 
 
 
 
CAM
$
21,305

 
$
19,740

 
$
64,571

 
$
58,413

ACMI Services
9,461

 
6,543

 
26,579

 
20,569

All other
(12
)
 
24

 
(3
)
 
(554
)
Total
$
30,754

 
$
26,307

 
$
91,147

 
$
78,428

Segment earnings (loss):
 
 
 
 
 
 
 
CAM
$
13,482

 
$
13,574

 
$
42,361

 
$
38,681

ACMI Services
(4,914
)
 
(126
)
 
(6,359
)
 
(6,863
)
     All other
2,077

 
2,010

 
6,993

 
9,135

Net unallocated interest expense
(394
)
 
(457
)
 
(1,279
)
 
(1,260
)
Net gain on derivative instruments
96

 
639

 
347

 
969

Pre-tax earnings from continuing operations
$
10,347

 
$
15,640

 
$
42,063

 
$
40,662


The Company's assets are presented below by segment (in thousands):
 
September 30,
 
December 31,
 
2015
 
2014
Assets:
 
 
 
CAM
$
796,333

 
$
801,195

ACMI Services
139,940

 
135,109

All other
$
97,477

 
$
95,325

Total
$
1,033,750

 
$
1,031,629


Interest expense allocated to CAM was $2.3 million and $7.2 million for the three and nine month periods ending September 30, 2015, respectively, compared to $2.8 million and $9.1 million for the corresponding periods of 2014, respectively.