Segment and Revenue Information (Tables)

6 Months Ended

Jun. 30, 2023

Schedule of Segment Reporting Information

The Company's segment information from continuing operations is presented below (in thousands):


	Three Months Ended				Six Months Ended
	June 30,				June 30,
	2023		2022		2023		2022
Total revenues:
CAM	$	111,378	$	109,674	$	223,422	$	216,579
ACMI Services	366,187		347,498		700,314		677,588
All other	110,789		107,879		221,377		210,414
Eliminate inter-segment revenues	(59,015)		(55,383)		(114,679)		(109,053)
Total	$	529,339	$	509,668	$	1,030,434	$	995,528
Customer revenues:
CAM	$	84,194	$	80,800	$	167,352	$	157,491
ACMI Services	366,179		347,478		700,292		677,562
All other	78,966		81,390		162,790		160,475
Total	$	529,339	$	509,668	$	1,030,434	$	995,528

Revenue from External Customers from Other Activities

The Company's external customer revenues from other activities for the three and six month periods ended June 30, 2023, and 2022 are presented below (in thousands):


	Three Months Ended				Six Months Ended
	June 30,				June 30,
	2023		2022		2023		2022
Aircraft maintenance, modifications and part sales	$	39,165	$	34,621	$	81,238	$	72,161
Ground services	24,987		26,970		48,652		52,071
Other, including aviation fuel sales	14,814		19,799		32,900		36,243
Total customer revenues	$	78,966	$	81,390	$	162,790	$	160,475

Other Segment Information From Continuing Operations

The Company's other segment information from continuing operations is presented below (in thousands):


	Three Months Ended				Six Months Ended
	June 30,				June 30,
	2023		2022		2023		2022
Depreciation and amortization expense:
CAM	$	58,091	$	56,421	$	118,488	$	112,712
ACMI Services	23,835		24,248		47,456		49,438
All other	765		703		1,475		1,293
Total	$	82,691	$	81,372	$	167,419	$	163,443
Interest expense
CAM	10,908		6,224		20,930		13,929
ACMI Services	5,058		2,648		10,016		6,026
Segment earnings (loss):
CAM	$	31,020	$	39,617	$	65,220	$	74,612
ACMI Services	24,054		21,837		21,643		44,002

All other	(1,299)		191		(645)		1,742

Net unallocated interest expense	(526)		(574)		(1,036)		(881)

Net gain (loss) on financial instruments	1,818		6,011		78		8,707


Other non-service components of retiree benefit costs, net	(3,218)		5,388		(6,436)		10,776
Loss from non-consolidated affiliate	(2,107)		(3,220)		(2,513)		(4,623)
Pre-tax earnings from continuing operations	$	49,742	$	69,250	$	76,311	$	134,335

Schedule of Assets by Segment

The Company's assets are presented below by segment (in thousands). Cash and cash equivalents are reflected in Assets - All other.


	June 30,		December 31,
	2023		2022
Assets:
CAM	$	2,743,731	$	2,510,559
ACMI Services	839,091		921,522


All other	169,743		157,812
Total	$	3,752,565	$	3,589,893