Segment Reporting

3 Months Ended

Mar. 31, 2015

Segment Reporting

Segment Reporting

Note E — Segment Reporting

Generally accepted accounting principles require disclosures related to components of a company for which separate financial information is available to and regularly evaluated by the company’s chief operating decision maker (“CODM”) when deciding how to allocate resources and in assessing performance.

The Company’s two operating segments consist of the operations of its two operating subsidiaries, SkyWest Airlines and ExpressJet. The following represents the Company’s segment data for the three months ended March 31, 2015 and 2014 (in thousands).

	Three months ended March 31,2015
	SkyWest Airlines		ExpressJet			Corporate/ Consolidating		Consolidated
Operating revenues	$	448,069	$	308,557		$	3,772	$	760,398
Operating expense	406,019		319,251			1,053		726,323
Depreciation and amortization expense	43,767		21,662			262		65,691
Interest expense	14,024		4,441			—		18,465
Segment profit (loss) (1)	28,026		(15,135		)	2,719		15,610
Identifiable intangible assets, other than goodwill, net	—		12,186			—		12,186
Total assets	3,191,465		1,422,043			—		4,613,508
Capital expenditures (including non-cash)	262,040		7,098			—		269,138

	Three months ended March 31,2014
	SkyWest Airlines		ExpressJet			Corporate/ Consolidating			Consolidated
Operating revenues	$	447,041	$	324,870		$	475		$	772,386
Operating expense	425,643		374,425			92			800,160
Depreciation and amortization expense	40,001		22,315			—			62,316
Interest expense	10,026		4,875			775			15,676
Segment profit (loss)(1)	11,372		(54,430		)	(392		)	(43,450		)
Identifiable intangible assets, other than goodwill, net	—		14,436			—			14,436
Total assets	2,535,901		1,666,126			—			4,202,027
Capital expenditures (including non-cash)	66,232		7,292			—			73,524

(1) Segment profit (loss) is equal to operating income (loss) less interest expense