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Note 4 - Segment Information
6 Months Ended
Dec. 31, 2015
Notes to Financial Statements  
Segment Reporting Disclosure [Text Block]
4
.            
Segment Information
 
We have three reportable segments comprised of an asset-based segment, an asset-light based segment, and an equipment leasing and services segment. Our asset-based segment includes our asset-based dry van carrier and rail services, which are geographically diversified but have similar economic and other relevant characteristics, as they all provide truckload carrier services of general commodities to a similar class of customers. Our asset-light based segment consists of our warehousing, brokerage, and less-than-truckload ("LTL") operations. Our equipment leasing and services segment consists of tractor and trailer sales and leasing. This segment also includes revenues from insurance, maintenance, and other ancillary services that we provide for independent contractors. We have determined that these segments qualify as reportable segments under ASC 280-10,
Segment Reporting
. Information regarding our reportable segments is summarized below (in thousands):
 
 
 
Operating Revenues
 
 
 
Three Months Ended
December 31,
 
 
Six Months Ended
December 31,
 
 
 
201
5
 
 
2014
 
 
2015
 
 
2014
 
                                 
Asset-based
  $ 236,324     $ 200,596     $ 467,087     $ 377,465  
Asset-light
    32,943       21,775       63,539       38,322  
Equipment leasing and services
    6,132       ---       10,894       ---  
Total
  $ 275,399     $ 222,371     $ 541,520     $ 415,787  
 
 
 
Operating Income
 
 
 
Three Months Ended
December 31,
 
 
Six Months Ended
December 31,
 
 
 
201
5
 
 
2014
 
 
2015
 
 
2014
 
                                 
Asset-based
  $ 11,471     $ 12,853     $ 18,953     $ 24,102  
Asset-light
    3,280       2,716       7,111       4,935  
Equipment leasing and services
    (672 )     ---       9,188       ---  
Total
  $ 14,079     $ 15,569     $ 35,252     $ 29,037  
 
Results of the equipment leasing and services segment prior to the current fiscal year are impracticable to determine due to the way we had costs integrated with our asset-based segment.
 
Information as to our operating revenue by geographic area is summarized below (in thousands). We allocate operating revenue based on the country of origin of the tractor hauling the freight (in thousands):
 
 
 
Operating Revenues
 
 
 
Three Months Ended
December 31,
 
 
Six Months Ended
December 31,
 
 
 
2015
 
 
2014
 
 
2015
 
 
2014
 
                                 
United States
  $ 241,843     $ 184,123     $ 474,552     $ 337,309  
Canada
    21,193       26,859       43,138       56,065  
Mexico
    12,363       11,389       23,830       22,413  
Consolidated
  $ 275,399     $ 222,371     $ 541,520     $ 415,787