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Business Segments (Tables)
6 Months Ended
Jun. 30, 2015
Business Segments  
Schedule of revenue, gross profit and income from operations by segment

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

For the Three Months ended

 

For the Six Months ended

 

 

June 30,

 

June 30,

Revenue:

    

2015

    

2014

    

2015

    

2014

Aviation segment

 

$

3,185.3

 

$

4,436.5

 

$

6,082.3

 

$

8,686.4

Marine segment

 

 

2,805.4

 

 

3,532.8

 

 

5,126.1

 

 

7,013.0

Land segment

 

 

2,505.7

 

 

3,373.2

 

 

4,628.7

 

 

6,194.0

 

 

$

8,496.4

 

$

11,342.5

 

$

15,837.1

 

$

21,893.4

 

 

 

 

 

 

 

 

 

 

 

 

 

Gross profit:

 

 

 

 

 

 

 

 

 

 

 

 

Aviation segment

 

$

85.0

 

$

81.8

 

$

167.9

 

$

150.7

Marine segment

 

 

41.8

 

 

48.8

 

 

95.7

 

 

96.7

Land segment

 

 

63.6

 

 

60.9

 

 

142.2

 

 

132.1

 

 

$

190.4

 

$

191.5

 

$

405.8

 

$

379.5

 

 

 

 

 

 

 

 

 

 

 

 

 

Income from operations:

 

 

 

 

 

 

 

 

 

 

 

 

Aviation segment

 

$

26.0

 

$

37.2

 

$

53.8

 

$

67.2

Marine segment

 

 

13.6

 

 

20.9

 

 

39.7

 

 

42.0

Land segment

 

 

16.5

 

 

14.4

 

 

48.3

 

 

40.9

 

 

 

56.1

 

 

72.5

 

 

141.8

 

 

150.1

Corporate overhead - unallocated

 

 

14.5

 

 

12.7

 

 

28.8

 

 

26.0

 

 

$

41.6

 

$

59.8

 

$

113.0

 

$

124.1

 

Schedule of accounts receivable, net and total assets by segment

 

 

 

 

 

 

 

 

 

As of

 

 

June 30,

 

December 31,

 

 

2015

 

2014

Accounts receivable, net:

    

 

 

    

 

 

Aviation segment, net of allowance for bad debt of $7.1 and $7.9 as of June 30, 2015 and December 31, 2014, respectively

 

$

711.7

 

$

686.0

Marine segment, net of allowance for bad debt of $9.5 and $8.4 as of June 30, 2015 and December 31, 2014, respectively

 

 

952.0

 

 

974.0

Land segment, net of allowance for bad debt of $8.7 and $9.4 as of June 30, 2015 and December 31, 2014, respectively

 

 

694.5

 

 

647.4

 

 

$

2,358.2

 

$

2,307.4

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Total assets:

 

 

 

 

 

 

Aviation segment

 

$

1,649.0

 

$

1,635.5

Marine segment

 

 

1,521.2

 

 

1,483.1

Land segment

 

 

1,691.0

 

 

1,570.6

Corporate

 

 

241.3

 

 

190.9

 

 

$

5,102.5

 

$

4,880.1