SEGMENT REPORTING

3 Months Ended

Mar. 31, 2017

Segment Reporting [Abstract]

SEGMENT REPORTING

SEGMENT REPORTING

Our reportable segments are based on our method of internal reporting, which generally segregates the segments by service line and the primary services they provide to our customers. Beginning with the fourth quarter of 2016, based on certain internal reporting changes, we identified three reportable segments as follows:

• North American Surface Transportation-NAST provides freight transportation services across North America through a network of offices in the United States, Canada, and Mexico. The primary services provided by NAST include truckload, LTL, and intermodal.

• Global Forwarding-Global Forwarding provides global logistics services through an international network of offices in North America, Asia, Europe, Australia, New Zealand, and South America and also contracts with independent agents worldwide. The primary services provided by Global Forwarding include ocean freight services, airfreight services, and customs brokerage.

• Robinson Fresh-Robinson Fresh provides sourcing services under the trade name of Robinson Fresh. Our sourcing services primarily include the buying, selling, and marketing of fresh fruits, vegetables, and other perishable items. Robinson Fresh sources products from around the world and has a physical presence in North America, Europe, Asia, and South America. This segment often provides the logistics and transportation of the products they sell, in addition to temperature controlled transportation services for its customers.

• All Other and Corporate-All Other and Corporate includes our Managed Services segment, as well as Other Surface Transportation outside of North America and other miscellaneous revenues and unallocated corporate expenses. Managed Services provides Transportation Management Services, or Managed TMS^®. Other Surface Transportation revenues are primarily earned by Europe Surface Transportation. Europe Surface Transportation provides services similar to NAST across Europe.

The internal reporting of segments is defined, based in part, on the reporting and review process used by our chief operating decision maker, our Chief Executive Officer. The accounting policies of our reporting segments are the same as those described in the summary of significant accounting policies in our Annual Report on Form 10-K for the year ended December 31, 2016. Segment information for prior years has been retroactively recast to align with current year presentation. Segment information as of, and for the quarters ended, March 31, 2017 and 2016, is as follows (dollars in thousands):

	NAST		Global Forwarding		Robinson Fresh		All Other and Corporate		Eliminations			Consolidated
Three Months Ended March 31, 2017
Revenues	$	2,259,252	$	468,788	$	550,445	$	136,640	$	—		$	3,415,125
Intersegment revenues	101,154		8,143		33,340		6,878		(149,515		)	—
Total Revenues	$	2,360,406	$	476,931	$	583,785	$	143,518	$	(149,515	)	$	3,415,125
Net Revenues	$	372,440	$	106,546	$	56,837	$	32,743	—			$	568,566
Income from Operations	155,877		16,206		14,652		1,223		—			187,958
Depreciation and amortization	5,590		8,020		1,146		7,675		—			22,431
Total assets(1)	2,126,900		699,139		409,972		539,733		$	—		3,775,744
Average headcount	6,844		3,926		961		2,548		—			14,279
	NAST		Global Forwarding		Robinson Fresh		All Other and Corporate		Eliminations			Consolidated
Three Months Ended March 31, 2016
Revenues	$	2,045,479	$	351,112	$	564,093	$	113,259	$	—		$	3,073,943
Intersegment revenues	60,269		6,080		23,896		313		(90,558		)	—
Total Revenues	$	2,105,748	$	357,192	$	587,989	$	113,572	$	(90,558	)	$	3,073,943
Net Revenues	$	383,798	$	92,866	$	58,185	$	28,486	$	—		$	563,335
Income from Operations	162,351		16,857		17,733		2,011		—			198,952
Depreciation and amortization	5,502		5,079		768		5,526		—			16,875
Total assets(1)	1,854,240		514,958		370,319		422,728		—			3,162,245
Average headcount	6,666		3,488		922		2,175		—			13,251

(1) All cash and cash equivalents and debt are included in All Other and Corporate. Goodwill was allocated to each segment based on relative fair value as of November 30, 2016.