Segment and Geographic Area Information (Notes)

12 Months Ended

Dec. 31, 2011

Segment Reporting [Abstract]

Segment Information

SEGMENT AND GEOGRAPHIC AREA INFORMATION:

Segment Information

The Company’s various railroad lines are divided into 10 operating regions. Since all of the regions have similar characteristics, they previously had been aggregated into one reportable segment. Beginning January 1, 2011, the Company decided to present its financial information as two reportable segments, North American & European Operations and Australian Operations.

The results of operations of the foreign entities are maintained in the respective local currency (the Australian dollar, the Canadian dollar and the Euro) and then translated into United States dollars at the applicable exchange rates for inclusion in the consolidated financial statements. As a result, any appreciation or depreciation of these currencies against the United States dollar will impact our results of operations.

The following tables set forth our North American & European Operations and Australian Operations for the years ended December 31, 2011, 2010 and 2009 (dollars in thousands).

	December 31, 2011
	North American & European Operations			Australian Operations			Total Operations
Revenues	$	557,621		$	271,475		$	829,096
Income from operations	129,646			62,133			191,779
Depreciation and amortization	47,218			19,263			66,481
Interest expense	(23,171		)	(15,446		)	(38,617		)
Interest income	2,950			293			3,243
Provision for income taxes	26,181			12,350			38,531
Expenditures for additions to property & equipment, net of grants from outside parties	(59,383		)	(96,643		)	(156,026		)

	December 31, 2010
	North American & European Operations			Australian Operations			Total Operations
Revenues	$	494,787		$	135,408		$	630,195
Income from operations	119,902			10,508			130,410
Depreciation and amortization	43,807			7,359			51,166
Interest expense	(21,856		)	(1,291		)	(23,147		)
Interest income	485			1,912			2,397
Provision for income taxes	27,176			2,988			30,164
Expenditures for additions to property & equipment, net of grants from outside parties	(59,153		)	(19,885		)	(79,038		)

	December 31, 2009
	North American & European Operations			Australian Operations			Total Operations
Revenues	$	451,446		$	93,420		$	544,866
Income from operations	84,117			15,205			99,322
Depreciation and amortization	43,219			4,891			48,110
Interest expense	(26,902		)	—			(26,902		)
Interest income	94			971			1,065
Provision for income taxes	11,289			4,627			15,916
Expenditures for additions to property & equipment, net of grants from outside parties	(54,375		)	(9,915		)	(64,290		)

The following table sets forth the property and equipment recorded in the consolidated balance sheets as of December 31, 2011 and 2010 (dollars in thousands):

	December 31, 2011			December 31, 2010
	North American & European Operations	Australian Operations	Total Operations	North American & European Operations	Australian Operations	Total Operations
Property & equipment	$1,120,121	$523,468	$1,643,589	$1,000,350	$443,827	$1,444,177

Geographic Area Information

Operating revenues for each geographic area for the years ended December 31, 2011, 2010 and 2009 were as follows (dollars in thousands):

	2011				2010				2009
	Amount		% of Total		Amount		% of Total		Amount		% of Total
Operating revenues:
United States	$	478,511	57.7	%	$	434,132	68.9	%	$	403,239	74.0	%
Non-United States:
Australia	271,475		32.7	%	135,408		21.5	%	93,420		17.1	%
Canada	64,155		7.8	%	49,580		7.9	%	38,061		7.0	%
Europe	14,955		1.8	%	11,075		1.7	%	10,146		1.9	%
Total Non-United States:	350,585		42.3	%	196,063		31.1	%	141,627		26.0	%
Total operating revenues	$	829,096	100.0	%	$	630,195	100.0	%	$	544,866	100.0	%

Property and equipment for each geographic area as of December 31, 2011 and 2010 were as follows (dollars in thousands):

	2011				2010
	Amount		% of Total		Amount		% of Total
Property and equipment located in:
United States	$	993,665	60.5	%	$	892,295	61.8	%
Non-United States:
Australia	523,468		31.8	%	443,827		30.7	%
Canada	110,719		6.7	%	91,434		6.3	%
Europe	15,737		1.0	%	16,621		1.2	%
Total Non-United States:	649,924		39.5	%	551,882		38.2	%
Total property and equipment	$	1,643,589	100.0	%	$	1,444,177	100.0	%