Segment and Geographic Area Information (Notes)

12 Months Ended

Dec. 31, 2014

Segments, Geographical Areas [Abstract]

Segment Reporting Disclosure [Text Block]

SEGMENT AND GEOGRAPHIC AREA 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 tables set forth the Company's North American & European Operations and Australian Operations for the years ended December 31, 2014, 2013 and 2012 (dollars in thousands):

	December 31, 2014
	North American & European Operations		Australian Operations		Total Operations
Operating revenues	$	1,325,830	$	313,182	$	1,639,012
Income from operations	$	330,560	$	91,011	$	421,571
Depreciation and amortization	$	128,986	$	28,095	$	157,081
Interest expense	$	43,722	$	12,440	$	56,162
Interest income	$	1,157	$	288	$	1,445
Provision for income taxes	$	83,664	$	23,443	$	107,107
Expenditures for additions to property & equipment, net of grants from outside parties	$	280,657	$	25,064	$	305,721

	December 31, 2013
	North American & European Operations		Australian Operations		Total Operations
Operating revenues	$	1,243,847	$	324,796	$	1,568,643
Income from operations	$	284,122	$	96,066	$	380,188
Depreciation and amortization	$	114,542	$	27,102	$	141,644
Interest expense	$	52,740	$	15,154	$	67,894
Interest income	$	3,631	$	340	$	3,971
Provision for income taxes	$	24,038	$	22,258	$	46,296
Expenditures for additions to property & equipment, net of grants from outside parties	$	163,545	$	51,860	$	215,405

	December 31, 2012
	North American & European Operations		Australian Operations		Total Operations
Operating revenues	$	585,893	$	289,023	$	874,916
Income from operations	$	115,387	$	74,935	$	190,322
Depreciation and amortization	$	50,156	$	23,249	$	73,405
Interest expense	$	45,996	$	16,849	$	62,845
Interest income	$	3,219	$	506	$	3,725
Provision for income taxes	$	28,451	$	17,951	$	46,402
Contingent forward sale contract mark-to-market expense	$	50,106	$	—	$	50,106
Income from equity investment from RailAmerica, net	$	15,557	$	—	$	15,557
Expenditures for additions to property & equipment, net of grants from outside parties	$	69,636	$	122,426	$	192,062

The following table sets forth the property and equipment recorded in the consolidated balance sheets as of December 31, 2014 and 2013 (dollars in thousands):

	December 31, 2014						December 31, 2013
	North American & European Operations		Australian Operations		Total Operations		North American & European Operations		Australian Operations		Total Operations
Property & equipment, net	$	3,282,328	$	506,154	$	3,788,482	$	2,883,452	$	557,292	$	3,440,744

Geographic Area Information

Operating revenues for each geographic area for the years ended December 31, 2014, 2013 and 2012 were as follows (dollars in thousands):

	2014				2013				2012
	Amount		% of Total		Amount		% of Total		Amount		% of Total
Operating revenues:
United States	$	1,188,172	72.5	%	$	1,100,334	70.2	%	$	505,778	57.8	%
Non-United States:
Australia	$	313,182	19.1	%	$	324,796	20.7	%	$	289,023	33.0	%
Canada	116,677		7.1	%	128,838		8.2	%	65,327		7.5	%
Europe	20,981		1.3	%	14,675		0.9	%	14,788		1.7	%
Total Non-United States	$	450,840	27.5	%	$	468,309	29.8	%	$	369,138	42.2	%
Total operating revenues	$	1,639,012	100.0	%	$	1,568,643	100.0	%	$	874,916	100.0	%

Property and equipment for each geographic area as of December 31, 2014 and 2013 were as follows (dollars in thousands):

	2014				2013
	Amount		% of Total		Amount		% of Total
Property and equipment located in:
United States	$	3,003,299	79.3	%	$	2,642,263	76.8	%
Non-United States:
Australia	$	506,154	13.4	%	$	557,292	16.2	%
Canada	266,305		7.0	%	226,310		6.6	%
Europe	12,724		0.3	%	14,879		0.4	%
Total Non-United States	$	785,183	20.7	%	$	798,481	23.2	%
Total property and equipment, net	$	3,788,482	100.0	%	$	3,440,744	100.0	%