XML 46 R30.htm IDEA: XBRL DOCUMENT v3.7.0.1
Business Segments (Tables)
 6 Months Ended
Jun. 30, 2017
Segment Reporting [Abstract]  
Schedule of revenue, gross profit and income from operations by segment Information concerning our revenue, gross profit and income from operations by segment is as follows (in millions):
 
 
For the Three Months Ended
 
 
For the Six Months Ended
 
 
 
June 30,
 
 
June 30,
 
Revenue:
 
2017

 
2016

 
2017

 
2016

Aviation segment
 
$
3,508.4

 
$
2,621.6

 
$
6,825.8

 
$
4,841.0

Land segment
 
2,564.0

 
2,171.0

 
5,347.4

 
3,866.0

Marine segment
 
2,013.8

 
1,840.4

 
4,107.3

 
3,116.9

 
 
$
8,086.2

 
$
6,633.0

 
$
16,280.4

 
$
11,823.9

 
 
 
 
 
 
 
 
 
Gross profit:
 
 
 
 
 
 
 
 
Aviation segment
 
$
110.9

 
$
98.6

 
$
210.8

 
$
187.3

Land segment
 
87.2

 
80.2

 
185.0

 
173.9

Marine segment
 
32.9

 
39.7

 
66.6

 
78.8

 
 
$
231.0

 
$
218.5

 
$
462.4

 
$
440.0

Income from operations:
 
 
 
 
 
 
 
 
Aviation segment
 
$
49.7

 
$
37.2

 
$
90.2

 
$
71.2

Land segment
 
12.2

 
16.2

 
33.6

 
50.1

Marine segment
 
7.2

 
11.0

 
15.5

 
22.5

 
 
69.2

 
64.4

 
139.3

 
143.8

Corporate overhead - unallocated
 
(17.9
)
 
(18.8
)
 
(37.7
)
 
(37.2
)
 
 
$
51.2

 
$
45.6

 
$
101.6

 
$
106.6
Schedule of accounts receivable, net and total assets by segment Information concerning our accounts receivable, net and total assets by segment is as follows (in millions):
 
 
As of
 
 
 
June 30,

 
December 31,

 
 
2017

 
2016

Accounts receivable, net:
 
 
 
 
Aviation segment, net of allowance for bad debt of $6.9 and $6.6 as of June 30, 2017 and December 31, 2016, respectively
 
$
786.0

 
$
776.0

Land segment, net of allowance for bad debt of $9.2 and $8.2 as of June 30, 2017 and December 31, 2016, respectively
 
712.2

 
737.5

Marine segment, net of allowance for bad debt of $11.6 and $10.2 as of June 30, 2017 and December 31, 2016, respectively
 
743.3

 
830.5

 
 
$
2,241.4

 
$
2,344.0

Total assets:
 
 

 
 

Aviation segment
 
$
2,049.4

 
$
2,050.6

Land segment
 
1,913.8

 
1,928.5

Marine segment
 
1,169.7

 
1,287.7

Corporate
 
153.1

 
145.8

 
 
$
5,286.0

 
$
5,412.6