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Business Segments (Tables)
3 Months Ended
Mar. 31, 2016
Business Segments  
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

 

 

March 31,

 

    

2016

    

2015

Revenue:

 

 

 

 

 

 

Aviation segment

 

$

2,221.1

 

$

2,897.0

Land segment

 

 

1,695.0

 

 

2,123.0

Marine segment

 

 

1,276.5

 

 

2,320.7

 

 

$

5,192.6

 

$

7,340.7

 

 

 

 

 

 

 

Gross profit:

 

 

 

 

 

 

Aviation segment

 

$

91.0

 

$

82.9

Land segment

 

 

93.6

 

 

78.6

Marine segment

 

 

39.2

 

 

53.9

 

 

$

223.8

 

$

215.4

 

 

 

 

 

 

 

Income from operations:

 

 

 

 

 

 

Aviation segment

 

$

36.3

 

$

27.8

Land segment

 

 

34.0

 

 

31.8

Marine segment

 

 

11.4

 

 

26.1

 

 

 

81.7

 

 

85.7

Corporate overhead - unallocated

 

 

18.4

 

 

14.2

 

 

$

63.3

 

$

71.5

 

 

 

 

 

 

 

 

 

 

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

 

 

March 31,

 

December 31,

 

 

2016

 

2015

Accounts receivable, net:

    

 

 

    

 

 

Aviation segment, net of allowance for bad debt of $5.7 and $6.1 as of March 31, 2016 and December 31, 2015, respectively

 

$

502.7

 

$

571.6

Land segment, net of allowance for bad debt of $7.4 and $7.2 as of March 31, 2016 and December 31, 2015, respectively

 

 

645.7

 

 

629.8

Marine segment, net of allowance for bad debt of $11.1 and  $10.6 as of March 31, 2016 and December 31, 2015, respectively

 

 

524.7

 

 

611.2

 

 

$

1,673.2

 

$

1,812.6

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Total assets:

 

 

 

 

 

 

Aviation segment

 

$

1,558.3

 

$

1,546.4

Land segment

 

 

1,674.6

 

 

1,651.5

Marine segment

 

 

1,039.4

 

 

1,165.6

Corporate

 

 

147.5

 

 

185.9

 

 

$

4,419.7

 

$

4,549.4