Segment Information (Tables)

6 Months Ended

Jun. 30, 2020

Segment Reporting Information [Line Items]

Segment Reporting, Additional Information about Entity's Reportable Segments

The Company's other segment information from continuing operations is presented below (in thousands):

	Three Months Ending				Six Months Ending
	June 30,				June 30,
	2020		2019		2020		2019
Segment earnings (loss):
CAM	$	19,640	$	16,683	$	35,460	$	32,857
ACMI Services	19,684		973		38,062		13,283
All other	(2,244)		4,006		(2,191)		5,909
Net unallocated interest expense	(681)		(903)		(1,336)		(1,683)
Government grants	9,821		—		9,821		—
Impairment of aircraft and related assets	(39,075)		—		(39,075)		—
Other non-service components of retiree benefit costs, net	2,898		(2,351)		5,796		(4,702)
Net loss on financial instruments	(109,723)		(35,886)		(2,679)		(31,386)
Loss from non-consolidated affiliate	(6,513)		(5,998)		(9,277)		(9,814)
Transaction fees	—		—		—		(373)
Pre-tax earnings from continuing operations	$	(106,193)	$	(23,476)	$	34,581	$	4,091
Depreciation and amortization expense:
CAM	$	42,024	$	38,723	85,071		77,518
ACMI Services	25,384		23,865		50,696		46,960
All other	883		678		1,866		1,425
Total	$	68,291	$	63,266	$	137,633	$	125,903
Interest expense
CAM	9,707		9,379		19,962		19,344
ACMI Services	5,645		6,441		10,946		12,990

Schedule of Segment Reporting Information, by Segment

The Company's segment information from continuing operations is presented below (in thousands):

	Three Months Ending				Six Months Ending
	June 30,				June 30,
	2020		2019		2020		2019
Total revenues:
CAM	$	74,870	$	69,256	$	149,033	$	139,606
ACMI Services	287,604		254,938		571,769		512,894
All other	77,056		71,104		157,092		138,466
Eliminate inter-segment revenues	(61,736)		(60,722)		(110,823)		(108,207)
Total	$	377,794	$	334,576	$	767,071	$	682,759
Customer revenues:
CAM	49,959		39,953		96,695		81,562
ACMI Services	287,595		254,869		571,756		512,822
All other	40,240		39,754		98,620		88,375
Total	$	377,794	$	334,576	$	767,071	$	682,759

Reconciliation of Assets from Segment to Consolidated

The Company's assets are presented below by segment (in thousands). Cash and cash equivalents are reflected in Assets - All other.

	June 30,		December 31,
	2020		2019
Assets:
CAM	$	1,959,860	$	1,857,687
ACMI Services	820,129		830,620
Discontinued operations	2,508		1,499
All other	154,635		130,372
Total	$	2,937,132	$	2,820,178

Revenue from External Customers by Products and Services

The Company's external customer revenues from other activities for the three and six month periods ended June 30, 2020 and 2019 are presented below (in thousands):

	Three Months Ended				Six Months Ended
	June 30,				June 30,
	2020		2019		2020		2019
Aircraft maintenance, modifications and part sales	$	18,851	$	23,303	$	52,686	$	57,284
Ground services	16,003		15,775		30,611		29,713
Other, including aviation fuel sales	5,386		676		15,323		1,378
Total customer revenues	$	40,240	$	39,754	$	98,620	$	88,375