v3.4.0.3
Note 4 - Segment Information
 9 Months Ended
Mar. 31, 2016
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, or make available to,
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
 
 
Nine Months Ended
 
 
 
March 31,
 
 
March 31,
 
 
 
2016
 
 
2015
 
 
2016
 
 
2015
 
                                 
Asset-based
   $ 220,099     $ 206,789     $ 687,187     $ 584,253  
Asset-light
     31,362       24,913       94,901       63,235  
Equipment leasing and services
     8,113       ---       19,006       ---  
Total
   $ 259,574     $ 231,702     $ 801,094     $ 647,488  
 
 
 
Operating Income
 
 
 
Three Months Ended
 
 
Nine Months Ended
 
 
 
March 31,
 
 
March 31,
 
 
 
2016
 
 
2015
 
 
2016
 
 
2015
 
                                 
Asset-based
   $ 9,607     $ 12,718     $ 28,455     $ 36,722  
Asset-light
    2,968       2,610       10,182       7,643  
Equipment leasing and services
     (1,044 )     ---       8,145       ---  
Total
   $ 11,531     $ 15,328     $ 46,782     $ 44,365  
 
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:
 
 
 
Operating Revenues
 
 
 
Three Months Ended
 
 
Nine Months Ended
 
 
 
March 31,
 
 
March 31,
 
 
 
2016
 
 
2015
 
 
2016
 
 
2015
 
                                 
United States
   $ 228,458     $ 196,287     $ 703,010     $ 532,664  
Canada
     19,745       23,485       62,883       80,481  
Mexico
     11,371       11,930       35,201       34,343  
Consolidated
   $ 259,574     $ 231,702     $ 801,094     $ 647,488