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Business Segments (Tables)
3 Months Ended
Mar. 31, 2015
Business Segments  
Schedule of revenue, gross profit and income from operations by segment

 

 

 

 

 

 

 

 

 

For the Three Months ended

 

 

March 31,

Revenue:

    

2015 

    

2014 

Aviation segment

 

$

2,897.0 

 

$

4,249.8 

Marine segment

 

 

2,320.7 

 

 

3,480.2 

Land segment

 

 

2,123.0 

 

 

2,820.9 

 

 

$

7,340.7 

 

$

10,550.9 

 

 

 

 

 

 

 

Gross profit:

 

 

 

 

 

 

Aviation segment

 

$

82.9 

 

$

68.9 

Marine segment

 

 

53.9 

 

 

47.8 

Land segment

 

 

78.6 

 

 

71.3 

 

 

$

215.4 

 

$

188.0 

 

 

 

 

 

 

 

Income from operations:

 

 

 

 

 

 

Aviation segment

 

$

27.8 

 

$

30.1 

Marine segment

 

 

26.1 

 

 

21.0 

Land segment

 

 

31.8 

 

 

26.5 

 

 

 

85.7 

 

 

77.6 

Corporate overhead - unallocated

 

 

14.2 

 

 

13.3 

 

 

$

71.5 

 

$

64.3 

 

Schedule of accounts receivable, net and total assets by segment

 

 

 

 

 

 

 

 

 

As of

 

 

March 31,

 

December 31,

 

 

2015 

 

2014 

Accounts receivable, net:

    

 

 

    

 

 

Aviation segment, net of allowance for bad debt of $7.2 and $7.9 as of March 31, 2015 and December 31, 2014, respectively

 

$

653.2 

 

$

686.5 

Marine segment, net of allowance for bad debt of $8.4 as of March 31, 2015 and December 31, 2014, respectively

 

 

870.6 

 

 

974.0 

Land segment, net of allowance for bad debt of $9.7 and $9.4 as of March 31, 2015 and December 31, 2014, respectively

 

 

678.5 

 

 

647.4 

 

 

$

2,202.3 

 

$

2,307.9 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Total assets:

 

 

 

 

 

 

Aviation segment

 

$

1,656.3 

 

$

1,635.4 

Marine segment

 

 

1,349.1 

 

 

1,483.1 

Land segment

 

 

1,570.7 

 

 

1,570.6 

Corporate

 

 

211.9 

 

 

190.9 

 

 

$

4,788.0 

 

$

4,880.0