Segment Information

9 Months Ended

Sep. 30, 2013

Segment Reporting [Abstract]

Segment Information

SEGMENT INFORMATION:

The Company's various railroad lines are divided into 11 operating regions. All of the regions have similar characteristics; however, the Company presents 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 the Company's results of operations.

The following table sets forth the Company's North American & European Operations and Australian Operations for the three months ended September 30, 2013 and 2012 (dollars in thousands):

	Three Months Ended September 30, 2013									Three Months Ended September 30, 2012
	North American & European Operations			Australian Operations			Total Operations			North American & European Operations			Australian Operations			Total Operations
Operating revenues	$	319,079		$	82,309		$	401,388		$	150,323		$	72,422		$	222,745
Income from operations	77,024			24,717			101,741			33,571			19,304			52,875
Depreciation and amortization	30,704			6,630			37,334			12,495			6,485			18,980
Interest expense	(12,473		)	(3,556		)	(16,029		)	(4,621		)	(4,193		)	(8,814		)
Interest income	926			66			992			783			145			928
Provision for income taxes	(17,296		)	(4,944		)	(22,240		)	(10,764		)	(4,539		)	(15,303		)
Expenditures for additions to property & equipment, net of grants from outside parties	31,277			8,954			40,231			24,023			33,320			57,343

The following table sets forth the Company's North American & European Operations and Australian Operations for the nine months ended September 30, 2013 and 2012 (dollars in thousands):

	Nine Months Ended September 30, 2013									Nine Months Ended September 30, 2012
	North American & European Operations			Australian Operations			Total Operations			North American & European Operations			Australian Operations			Total Operations
Operating revenues	$	935,390		$	241,947		$	1,177,337		$	439,451		$	208,149		$	647,600
Income from operations	213,940			71,418			285,358			104,782			51,880			156,662
Depreciation and amortization	85,503			20,215			105,718			37,354			17,593			54,947
Interest expense	(41,566		)	(11,786		)	(53,352		)	(14,107		)	(11,945		)	(26,052		)
Interest income	2,730			255			2,985			2,407			352			2,759
Provision for income taxes	(6,634		)	(15,900		)	(22,534		)	(33,723		)	(12,328		)	(46,051		)
Expenditures for additions to property & equipment, net of grants from outside parties	105,203			41,354			146,557			50,761			94,839			145,600

The following table sets forth the property and equipment recorded in the consolidated balance sheets for the Company's North American & European Operations and Australian Operations as of September 30, 2013 and December 31, 2012 (dollars in thousands):

	September 30, 2013						December 31, 2012
	North American & European Operations		Australian Operations		Total Operations		North American & European Operations		Australian Operations		Total Operations
Property & equipment, net	$	2,848,270	$	576,410	$	3,424,680	$	2,766,693	$	629,602	$	3,396,295