| Summary of selected financial information for each segment |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Year ended December 31,
|
|
|
|
2020
|
|
2019
|
|
2018
|
|
Revenues
|
|
|
|
|
|
|
|
|
|
|
Asset Management Solutions
|
|
|
|
|
|
|
|
|
|
|
Aircraft
|
|
$
|
53,639,000
|
|
$
|
98,736,000
|
|
$
|
95,353,000
|
|
Engine
|
|
|
45,072,000
|
|
|
123,088,000
|
|
|
149,819,000
|
|
|
|
$
|
98,711,000
|
|
$
|
221,824,000
|
|
$
|
245,172,000
|
|
Tech Ops
|
|
|
|
|
|
|
|
|
|
|
MRO Services
|
|
$
|
103,899,000
|
|
$
|
69,389,000
|
|
$
|
38,779,000
|
|
Product Sales
|
|
|
6,328,000
|
|
|
12,988,000
|
|
|
6,781,000
|
|
|
|
|
110,227,000
|
|
|
82,377,000
|
|
|
45,560,000
|
|
Total
|
|
$
|
208,938,000
|
|
$
|
304,201,000
|
|
$
|
290,732,000
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
2020
|
|
2019
|
|
2018
|
|
Gross Profit
|
|
|
|
|
|
|
|
|
|
|
Asset Management Solutions
|
|
|
|
|
|
|
|
|
|
|
Aircraft
|
|
$
|
11,914,000
|
|
$
|
27,592,000
|
|
$
|
21,708,000
|
|
Engine
|
|
|
17,383,000
|
|
|
40,113,000
|
|
|
41,949,000
|
|
|
|
$
|
29,297,000
|
|
$
|
67,705,000
|
|
$
|
63,657,000
|
|
Tech Ops
|
|
|
|
|
|
|
|
|
|
|
MRO Services
|
|
$
|
21,883,000
|
|
$
|
11,125,000
|
|
$
|
6,818,000
|
|
Product Sales
|
|
|
1,609,000
|
|
|
6,219,000
|
|
|
1,694,000
|
|
|
|
|
23,492,000
|
|
|
17,344,000
|
|
|
8,512,000
|
|
Total
|
|
$
|
52,789,000
|
|
$
|
85,049,000
|
|
$
|
72,169,000
|
|
|
|
|
|
|
|
|
|
|
|
2020
|
|
2019
|
|
Total Assets
|
|
|
|
|
|
|
|
Asset Management Solutions
|
|
$
|
277,016,000
|
|
$
|
254,324,000
|
|
Tech Ops
|
|
|
108,622,000
|
|
|
88,129,000
|
|
Corporate
|
|
|
3,492,000
|
|
|
1,531,000
|
|
|
|
$
|
389,130,000
|
|
$
|
343,984,000
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
2020
|
|
2019
|
|
2018
|
|
Total Depreciation and Amortization Expense
|
|
|
|
|
|
|
|
|
|
|
Asset Management Solutions
|
|
$
|
21,210,000
|
|
$
|
28,579,000
|
|
$
|
27,611,000
|
|
Tech Ops
|
|
|
2,600,000
|
|
|
1,301,000
|
|
|
865,000
|
|
Corporate
|
|
|
413,000
|
|
|
201,000
|
|
|
1,350,000
|
|
|
|
$
|
24,223,000
|
|
$
|
30,081,000
|
|
$
|
29,826,000
|
|
Total Capital Expenditures
|
|
|
|
|
|
|
|
|
|
|
Asset Management Solutions
|
|
$
|
5,128,000
|
|
$
|
36,479,000
|
|
$
|
7,623,000
|
|
Tech Ops
|
|
|
1,965,000
|
|
|
1,500,000
|
|
|
1,033,000
|
|
Corporate
|
|
|
172,000
|
|
|
149,000
|
|
|
168,000
|
|
|
|
$
|
7,265,000
|
|
$
|
38,128,000
|
|
$
|
8,824,000
|
|
| Summary of reconcilation segment gross profit to net income, continuing operations |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
2020
|
|
2019
|
|
2018
|
|
Segment gross profit
|
|
$
|
52,789,000
|
|
$
|
85,049,000
|
|
$
|
72,169,000
|
|
Selling, general and administrative expenses
|
|
|
(55,635,000)
|
|
|
(59,814,000)
|
|
|
(46,612,000)
|
|
CARES Act Proceeds
|
|
|
12,693,000
|
|
|
—
|
|
|
—
|
|
Transaction costs
|
|
|
1,436,000
|
|
|
(3,176,000)
|
|
|
(51,000)
|
|
Interest expense, net
|
|
|
(1,645,000)
|
|
|
(3,007,000)
|
|
|
(2,375,000)
|
|
Other income, net
|
|
|
494,000
|
|
|
611,000
|
|
|
367,000
|
|
Income tax benefit
|
|
|
(1,649,000)
|
|
|
(4,164,000)
|
|
|
3,227,000
|
|
Net income from continuing operations
|
|
$
|
8,483,000
|
|
$
|
15,499,000
|
|
$
|
26,725,000
|
|
| Summary of revenues and long-lived assets based on the customers' geographic location |
|
|
|
|
|
|
|
|
|
|
|
|
Revenues
|
|
2020
|
|
2019
|
|
2018
|
|
Domestic
|
|
$
|
92,837,000
|
|
$
|
105,083,000
|
|
$
|
135,892,000
|
|
Foreign
|
|
|
116,101,000
|
|
|
199,118,000
|
|
|
154,840,000
|
|
Total revenues
|
|
$
|
208,938,000
|
|
$
|
304,201,000
|
|
$
|
290,732,000
|
|
|
|
|
|
|
|
|
|
Long-lived assets
|
|
2020
|
|
2019
|
|
Domestic
|
|
$
|
108,796,000
|
|
$
|
113,966,000
|
|
Foreign
|
|
|
34,111,000
|
|
|
39,626,000
|
|
Total long-lived assets
|
|
$
|
142,907,000
|
|
$
|
153,592,000
|
|