XML 48 R34.htm IDEA: XBRL DOCUMENT v3.8.0.1
Segment Information (Tables)
 9 Months Ended
Sep. 30, 2017
Segment Reporting [Abstract]  
Revenue from External Customers by Products and Services [Table Text Block]
The Company's external customers revenues from other activities for the three and nine month periods ended September 30, 2017 and 2016 are presented below (in thousands):
 
 
Three Months Ended
 
Nine Months Ended
 
 
September 30,
 
September 30,
 
 
2017
 
2016
 
2017
 
2016
Mail and package handling services
 
$
48,283

 
$
23,502

 
$
123,564

 
$
62,553

Aircraft maintenance, modifications and part sales
 
13,915

 
8,958

 
70,492

 
30,217

Facility and ground equipment services
 
3,625

 
3,780

 
9,528

 
9,281

Other
 
400

 
399

 
1,157

 
1,273

Total customer revenues
 
$
66,223

 
$
36,639

 
$
204,741

 
$
103,324
Schedule of Segment Reporting Information, by Segment
The Company's segment information from continuing operations is presented below (in thousands):
 
Three Months Ending September 30,
 
Nine Months Ending September 30,
 
2017
 
2016
 
2017
 
2016
Total revenues:
 
 
 
 
 
 
 
CAM
$
58,465

 
$
46,346

 
$
155,973

 
$
145,511

ACMI Services
146,943

 
128,702

 
436,391

 
357,803

All other
94,470

 
65,328

 
300,184

 
177,592

Eliminate inter-segment revenues
(45,777
)
 
(47,115
)
 
(147,319
)
 
(133,711
)
Total
$
254,101

 
$
193,261

 
$
745,229

 
$
547,195

Customer revenues:
 
 
 
 
 
 
 
CAM
$
40,940

 
$
27,920

 
$
104,102

 
$
86,068

ACMI Services
146,938

 
128,702

 
436,386

 
357,803

All other
66,223

 
36,639

 
204,741

 
103,324

Total
$
254,101

 
$
193,261

 
$
745,229

 
$
547,195

Depreciation and amortization expense:
 
 
 
 
 
 
 
CAM
$
26,829

 
$
22,958

 
$
31,368

 
$
68,295

ACMI Services
9,805

 
10,528

 
77,383

 
30,300

All other
971

 
453

 
3,077

 
1,010

Total
$
37,605

 
$
33,939

 
$
111,828

 
$
99,605

Segment earnings (loss):
 
 
 
 
 
 
 
CAM
$
19,445

 
$
16,110

 
$
45,570

 
$
51,849

ACMI Services
(5,223
)
 
(9,686
)
 
(8,841
)
 
(27,172
)
     All other
655

 
5,089

 
11,977

 
13,087

Net unallocated interest expense
(268
)
 
83

 
(655
)
 
(287
)
Net loss on financial instruments
(34,433
)
 
(8,473
)
 
(100,213
)
 
(3,443
)
Charges for non-consolidating affiliates
(945
)
 
—

 
(945
)
 
—

Pre-tax earnings (loss) from continuing operations
$
(20,769
)
 
$
3,123

 
$
(53,107
)
 
$
34,034
Reconciliation of Assets from Segment to Consolidated
The Company's assets are presented below by segment (in thousands):
 
September 30,
 
December 31,
 
2017
 
2016
Assets:
 
 
 
CAM
$
1,140,559

 
$
971,986

ACMI Services
175,963

 
164,489

All other
170,381

 
122,855

Total
$
1,486,903

 
$
1,259,330