Annual report pursuant to Section 13 and 15(d)

SEGMENT INFORMATION, MAJOR CUSTOMERS AND GEOGRAPHICAL DATA

v2.4.1.9
SEGMENT INFORMATION, MAJOR CUSTOMERS AND GEOGRAPHICAL DATA
 12 Months Ended
Dec. 31, 2014
Segment Reporting [Abstract]  
SEGMENT INFORMATION, MAJOR CUSTOMERS AND GEOGRAPHICAL DATA
SEGMENT INFORMATION, MAJOR CUSTOMERS AND GEOGRAPHICAL DATA
The Company has determined that its operations comprise a single segment. Helicopters are highly mobile and may be utilized in any of the Company’s service lines as business needs dictate.
For the year ended December 31, 2014, Anadarko Petroleum Corporation (“Anadarko”) and the U.S. government accounted for 26% and 10%, respectively, of the Company’s operating revenues. For the year ended December 31, 2013, Anadarko and the U.S. government accounted for 19% and 11%, respectively, of the Company’s operating revenues. For the year ended December 31, 2012, Anadarko and the U.S. government accounted for 15% and 11%, respectively, of the Company’s operating revenues. For the years ended December 31, 2014, 2013 and 2012, approximately 15%, 18% and 22%, respectively, of the Company’s operating revenues were derived from foreign operations. The Company’s foreign revenues are primarily derived from dry-leasing activities.
The following represents the Company’s operating revenues by geographical region in which services are provided for the years ended December 31, 2014, 2013 and 2012 (in thousands):
 
 
2014
 
2013
 
2012
Operating revenues:
 
 
 
 
 
 
United States
 
$
281,869

 
$
245,581

 
$
213,920

Latin America and the Caribbean
 
20,524

 
23,407

 
23,636

Europe
 
17,914

 
22,008

 
25,749

Asia
 
10,915

 
7,679

 
9,298

Canada
 
—

 
284

 
318

 
 
$
331,222

 
$
298,959

 
$
272,921




The Company’s long-lived assets are primarily its property and equipment employed in various geographical regions of the world. The following represents the Company’s property and equipment, net of accumulated depreciation, based upon the assets’ physical location as of December 31, 2014 and 2013 (in thousands):
 
 
2014
 
2013
Property and equipment, net:
 
 
 
 
United States
 
$
639,852

 
$
579,509

Latin America and the Caribbean
 
134,829

 
130,844

Europe
 
70,134

 
73,631

Asia
 
18,311

 
19,349

Canada
 
—

 
319

 
 
$
863,126

 
$
803,652