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Asset Disposals | 9 Months Ended
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Sep. 30, 2017
Property, Plant and Equipment [Abstract] |
Asset Disposals | ASSET DISPOSALS During the third quarter of 2017, we disposed of one medium aircraft and related parts inventory utilized in the Oil and Gas segment. This aircraft no longer met our strategic needs. During the first two quarters of 2017, we disposed of five medium aircraft and related parts inventory in the Oil & Gas segment. These aircraft no longer met our strategic needs. During the third quarter of 2016, we sold four light aircraft previously utilized in the Oil and Gas segment. Cash proceeds totaled $2.2 million, resulting in a $0.1 million loss on the sale of these assets. In the first two quarters of 2016 we sold five light and three medium aircraft and related parts inventory utilized in the Oil and Gas segment. Cash proceeds totaled $11.0 million, resulting in a gain on the sale of these assets of $3.9 million. These aircraft no longer met our strategic needs.

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