As a result of a realignment in our senior management reporting structure during the first quarter of 2015, we modified our internal financial reporting to better align internal reporting with how we manage our business. These modifications resulted in the separation of our former International Business segment into two unique reportable operating segments, which we refer to as (1) Western European Business segment and (2) Other International Business segment. Additionally, during the first quarter of 2015, we reassessed the nature of certain costs which were previously being allocated to the North American Records and Information Management Business and North American Data Management Business segments. As a result of this reassessment, we determined that certain product management functions, which were previously being performed to solely benefit our North American operating segments, are now being performed in a manner that benefits the enterprise as a whole. Accordingly, the costs associated with these product management functions are now included within the Corporate and Other Business segment. Previously reported segment information has been restated to conform to the current period presentation.

Our five reportable operating segments are described as follows:

•

North American Records and Information Management Business—storage and information management services throughout the United States and Canada, including the storage of paper documents, as well as other media such as microfilm and microfiche, master audio and videotapes, film, X‑rays and blueprints, including healthcare information services, vital records services, service and courier operations, and the collection, handling and disposal of sensitive documents for corporate customers (“Records Management”); information destruction services (“Destruction”); DMS; Fulfillment Services; and Intellectual Property Management.

•

North American Data Management Business—storage and rotation of backup computer media as part of corporate disaster recovery plans throughout the United States and Canada, including service and courier operations (“Data Protection & Recovery”); server and computer backup services; digital content repository systems to house, distribute, and archive key media assets; and storage, safeguarding and electronic or physical delivery of physical media of all types, primarily for entertainment and media industry clients.


•	Western European Business—Records Management, Data Protection & Recovery and DMS throughout the United Kingdom, Ireland, Norway, Austria, Belgium, France, Germany, Netherlands, Spain and Switzerland. Until December 2014, our Western European Business segment offered Destruction in the United Kingdom and Ireland.

•

Other International Business—storage and information management services throughout the remaining European countries in which we operate, Latin America and Asia Pacific, including Records Management, Data Protection & Recovery and DMS. Our European operations included within the Other International Business segment provide Records Management, Data Protection & Recovery and DMS. Our Latin America operations provide Records Management, Data Protection & Recovery, Destruction and DMS throughout Argentina, Brazil, Chile, Colombia, Mexico and Peru. Our Asia Pacific operations provide Records Management, Data Protection & Recovery and DMS throughout Australia, with Records Management and Data Protection & Recovery also provided in certain cities in India, Singapore, Hong Kong‑SAR and China. Until December 2014, our Other International Business segment offered Destruction in Australia.

•

Corporate and Other Business—consists of our data center business in the United States, the primary product offering of our Adjacent Businesses segment (which was formerly referred to as our Emerging Business segment), as well as costs related to executive and staff functions, including finance, human resources and information technology, which benefit the enterprise as a whole. These costs are primarily related to the general management of these functions on a corporate level and the design and development of programs, policies and procedures that are then implemented in the individual segments, with each segment bearing its own cost of implementation. Our Corporate and Other Business segment also includes stock‑based employee compensation expense associated with all Employee Stock‑Based Awards.

An analysis of our business segment information and reconciliation to the accompanying Consolidated Financial Statements is as follows:



	North American Records and Information Management Business			North American Data Management Business			Western European Business		Other International Business		Corporate and Other Business			Total Consolidated
Three Months Ended September 30, 2014
Total Revenues	$	450,279		$	96,735		$	115,218	$	116,947	$	3,518		$	782,697
Depreciation and Amortization	47,686			2,377			13,750		16,724		8,657			89,194
Depreciation	42,958			2,281			11,659		11,249		8,612			76,759
Amortization	4,728			96			2,091		5,475		45			12,435
Adjusted OIBDA	179,590			54,799			35,923		18,867		(53,788		)	235,391
Expenditures for Segment Assets	47,047			2,727			10,477		23,730		13,297			97,278
Capital Expenditures	41,854			2,727			8,632		23,609		11,819			88,641
Cash Paid for Acquisitions, Net of Cash Acquired	—			—			—		—		—			—
Additions to Customer Relationship and Acquisition Costs	5,193			—			1,845		121		1,478			8,637
Three Months Ended September 30, 2015
Total Revenues	441,237			97,385			100,938		101,392		5,577			746,529
Depreciation and Amortization	45,985			5,389			11,287		14,238		9,593			86,492
Depreciation	41,034			5,142			9,792		9,830		9,684			75,482
Amortization	4,951			247			1,495		4,408		(91		)	11,010
Adjusted OIBDA	175,331			50,268			31,511		20,545		(49,820		)	227,835
Expenditures for Segment Assets	42,670			1,891			7,138		17,809		10,934			80,442
Capital Expenditures	32,026			1,891			3,417		14,957		10,934			63,225
Cash Paid for Acquisitions, Net of Cash Acquired	3,986			—			—		2,275		—			6,261
Additions to Customer Relationship and Acquisition Costs	6,658			—			3,721		577		—			10,956
Nine Months Ended September 30, 2014
Total Revenues	1,348,682			291,010			350,746		339,439		9,838			2,339,715
Depreciation and Amortization	135,999			12,345			42,511		48,521		25,192			264,568
Depreciation	121,923			12,122			35,731		32,997		25,103			227,876
Amortization	14,076			223			6,780		15,524		89			36,692
Adjusted OIBDA	524,226			168,887			104,881		64,376		(156,606		)	705,764
Total Assets (1)	3,627,490			662,175			1,045,687		995,236		305,751			6,636,339
Expenditures for Segment Assets	137,761			13,047			30,521		118,503		49,767			349,599
Capital Expenditures	119,093			12,936			27,278		69,790		48,289			277,386
Cash Paid for Acquisitions, Net of Cash Acquired	(1,077		)	(40		)	296		47,187		—			46,366
Additions to Customer Relationship and Acquisition Costs	19,745			151			2,947		1,526		1,478			25,847
Nine Months Ended September 30, 2015
Total Revenues	1,332,811			294,220			301,910		311,805		14,803			2,255,549
Depreciation and Amortization	137,581			16,231			34,498		43,077		28,605			259,992
Depreciation	122,705			15,726			30,066		29,446		28,554			226,497
Amortization	14,876			505			4,432		13,631		51			33,495
Adjusted OIBDA	533,598			152,178			88,859		61,430		(153,784		)	682,281
Total Assets (1)	3,610,618			645,832			923,358		845,341		644,673			6,669,822
Expenditures for Segment Assets	129,512			15,879			19,676		61,111		39,541			265,719
Capital Expenditures	96,135			8,837			11,967		48,500		37,142			202,581
Cash Paid for Acquisitions, Net of Cash Acquired	12,764			(21		)	2,510		10,323		2,399			27,975
Additions to Customer Relationship and Acquisition Costs	20,613			7,063			5,199		2,288		—			35,163

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(1)	Excludes all intercompany receivables or payables and investment in subsidiary balances.

The accounting policies of the reportable segments are the same as those described in Note 2. Adjusted OIBDA for each segment is defined as operating income before depreciation, amortization, intangible impairments, (gain) loss on disposal/write-down of property, plant and equipment, net (excluding real estate), Recall Costs (as defined below) and REIT Costs (as defined below) directly attributable to the segment. Internally, we use Adjusted OIBDA as the basis for evaluating the performance of, and allocating resources to, our operating segments.

A reconciliation of Adjusted OIBDA to income (loss) from continuing operations before provision (benefit) for income taxes and (gain) loss on sale of real estate on a consolidated basis is as follows:



	Three Months Ended September 30,					Nine Months Ended September 30,
	2014		2015			2014		2015
Adjusted OIBDA	$	235,391	$	227,835		$	705,764	$	682,281
Less: Depreciation and Amortization	89,194		86,492			264,568		259,992
Loss (Gain) on Disposal/Write-Down of Property, Plant and Equipment (Excluding Real Estate), Net	184		(141		)	1,229		707
Recall Costs(1)	—		14,662			—		20,324
REIT Costs(2)	4,537		—			18,585		—
Interest Expense, Net	63,220		65,135			187,733		196,120
Other Expense (Income), Net	22,508		35,246			22,987		59,599
Income (Loss) from Continuing Operations before Provision (Benefit) for Income Taxes and Gain on Sale of Real Estate	$	55,748	$	26,441		$	210,662	$	145,539

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(1)	Includes costs associated with our proposed acquisition of Recall, including costs to complete the acquisition (including advisory and professional fees) as well as costs incurred once we close the Recall Transaction to integrate Recall with our existing operations (including moving, severance, facility upgrade, REIT conversion and system upgrade costs) ("Recall Costs").


(2)	Includes costs associated with our conversion to a REIT, excluding REIT compliance costs beginning January 1, 2014 which we expect to recur in future periods ("REIT Costs").