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v3.23.2

Segment Information- Schedule of EBITDA (Details) - USD ($) $ in Thousands | 3 Months Ended
--- | ---
Jun. 30, 2023 | Jun. 30, 2022
Segment Reporting Information |  |
Operating Income | $ 658 | $ 834
Depreciation and amortization (excluding leased engines depreciation) | 690 | 605
Gain on sale of property and equipment | (6) | (2)
Securities expenses | 45 | 15
Adjusted EBITDA | 1,387 | 1,452
Overnight air cargo |  |
Segment Reporting Information |  |
Operating Income | 1,935 | 1,077
Depreciation and amortization (excluding leased engines depreciation) | 85 | 19
Gain on sale of property and equipment | (6) | 0
Securities expenses | 0 | 0
Adjusted EBITDA | 2,014 | 1,096
Ground equipment sales |  |
Segment Reporting Information |  |
Operating Income | (85) | 142
Depreciation and amortization (excluding leased engines depreciation) | 34 | 49
Gain on sale of property and equipment | 0 | 0
Securities expenses | 0 | 0
Adjusted EBITDA | (51) | 191
Commercial jet engines and parts |  |
Segment Reporting Information |  |
Operating Income | 1,478 | 3,074
Depreciation and amortization (excluding leased engines depreciation) | 190 | 179
Gain on sale of property and equipment | 0 | (2)
Securities expenses | 0 | 0
Adjusted EBITDA | 1,668 | 3,251
Corporate and other |  |
Segment Reporting Information |  |
Operating Income | (2,670) | (3,459)
Depreciation and amortization (excluding leased engines depreciation) | 381 | 358
Gain on sale of property and equipment | 0 | 0
Securities expenses | 45 | 15
Adjusted EBITDA | $ (2,244) | $ (3,086)

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- Definition The difference between the carrying value and the sale price of real estate or properties that were intended to be sold or held for capital appreciation or rental income. This element refers to the gain (loss) included in earnings and not to the cash proceeds of the sale. This element is a noncash adjustment to net income when calculating net cash generated by operating activities using the indirect method. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 230 -SubTopic 10 -Name Accounting Standards Codification -Section 45 -Paragraph 28 -Subparagraph (b) -Publisher FASB -URI https://asc.fasb.org//1943274/2147482740/230-10-45-28 Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 360 -SubTopic 10 -Name Accounting Standards Codification -Section 45 -Paragraph 5 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482130/360-10-45-5 Reference 3: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 360 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 3 -Subparagraph (c) -Publisher FASB -URI https://asc.fasb.org//1943274/2147482099/360-10-50-3 + Details
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