SEGMENT INFORMATION |
SEGMENT INFORMATION The Company conducts business in one segment: aviation services. The aviation services global operations include four regions as follows: Europe, Africa, the Americas and Asia Pacific. The Europe region comprises all of the Company’s operations and affiliates in Europe, including Norway and the U.K. The Africa region comprises all of the Company’s operations and affiliates on the African continent, including Nigeria. The Americas region comprises all of the Company’s operations and affiliates in North America and South America, including Brazil, Canada, Guyana, Suriname, Trinidad and the U.S. Gulf of Mexico. The Asia Pacific region comprises all of the Company’s operations and affiliates in Australia. The following tables show region information prepared on the same basis as the Company’s condensed consolidated financial statements (in thousands):
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Three Months Ended September 30, |
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Six Months Ended September 30, |
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2022 |
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2021 |
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2022 |
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2021 |
Region revenues: |
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Europe |
$ |
161,129 |
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$ |
167,099 |
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$ |
323,506 |
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$ |
341,413 |
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Americas |
97,317 |
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95,427 |
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191,886 |
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181,765 |
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Asia Pacific |
23,008 |
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20,100 |
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44,184 |
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42,181 |
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Africa |
25,567 |
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18,601 |
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49,145 |
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35,874 |
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Corporate and other |
249 |
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357 |
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286 |
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953 |
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Total revenues |
$ |
307,270 |
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$ |
301,584 |
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$ |
609,007 |
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$ |
602,186 |
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Three Months Ended September 30, |
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Six Months Ended September 30, |
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2022 |
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2021 |
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2022 |
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2021 |
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Consolidated operating income (loss): |
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Europe |
$ |
14,393 |
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$ |
13,484 |
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$ |
35,529 |
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$ |
36,516 |
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Americas |
17,284 |
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21,723 |
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26,213 |
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33,955 |
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Asia Pacific |
1,273 |
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(1,539) |
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759 |
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(1,757) |
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Africa |
(710) |
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(3,493) |
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(1,631) |
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(14,972) |
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Corporate and other |
(20,924) |
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(17,862) |
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(41,740) |
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(54,159) |
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Gain on disposal of assets |
3,368 |
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162 |
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1,267 |
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661 |
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Total consolidated operating income |
$ |
14,684 |
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$ |
12,475 |
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$ |
20,397 |
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$ |
244 |
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September 30, |
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March 31, |
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2022 |
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2022 |
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Identifiable assets: |
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Europe |
$ |
816,083 |
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$ |
917,656 |
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Americas |
532,026 |
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500,219 |
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Asia Pacific |
48,597 |
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50,335 |
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Africa |
108,181 |
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92,582 |
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Corporate and other |
258,453 |
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263,487 |
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Total identifiable assets |
$ |
1,763,340 |
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$ |
1,824,279 |
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