We have five operating segments: Wholesale – North America; Europe; Specialty; Glass; and Self Service. Our Glass operating segment was formed with our April 21, 2016 acquisition of PGW, as discussed in Note 2, "Business Combinations." Our Wholesale – North America and Self Service operating segments are aggregated into one reportable segment, North America, because they possess similar economic characteristics and have common products and services, customers, and methods of distribution. Our reportable segments are organized based on a combination of geographic areas served and type of product lines offered. The reportable segments are managed separately as each business serves different customers (i.e. geographic in the case of North America and Europe and product type in the case of Specialty and Glass) and is affected by different economic conditions. Therefore, we present four reportable segments: North America, Europe, Specialty and Glass.

The following tables present our financial performance by reportable segment for the periods indicated (in thousands):



	North America		Europe		Specialty		Glass		Eliminations			Consolidated
Three Months Ended September 30, 2016
Revenue:
Third Party	$	1,046,579	$	770,219	$	311,621	$	258,411	$	—		$	2,386,830
Intersegment	86		—		969		114		(1,169		)	—
Total segment revenue	$	1,046,665	$	770,219	$	312,590	$	258,525	$	(1,169	)	$	2,386,830
Segment EBITDA	$	141,054	$	72,586	$	32,449	$	27,758	$	—		$	273,847
Depreciation and amortization⁽¹⁾	17,551		27,792		5,628		8,517		—			59,488
Three Months Ended September 30, 2015
Revenue:
Third Party	$	1,037,130	$	511,146	$	283,456	$	—	$	—		$	1,831,732
Intersegment	160		—		850		—		(1,010		)	—
Total segment revenue	$	1,037,290	$	511,146	$	284,306	$	—	$	(1,010	)	$	1,831,732
Segment EBITDA	$	128,506	$	52,733	$	26,075	$	—	$	—		$	207,314
Depreciation and amortization⁽¹⁾	17,918		9,478		5,578		—		—			32,974



	North America		Europe		Specialty		Glass		Eliminations			Consolidated
Nine Months Ended September 30, 2016
Revenue:
Third Party	$	3,214,343	$	2,141,186	$	934,955	$	468,515	$	—		$	6,758,999
Intersegment	419		—		3,014		188		(3,621		)	—
Total segment revenue	$	3,214,762	$	2,141,186	$	937,969	$	468,703	$	(3,621	)	$	6,758,999
Segment EBITDA	$	452,254	$	220,066	$	105,979	$	51,059	$	—		$	829,358
Depreciation and amortization⁽¹⁾	52,688		66,380		16,254		15,048		—			150,370
Nine Months Ended September 30, 2015
Revenue:
Third Party	$	3,127,988	$	1,508,325	$	807,401	$	—	$	—		$	5,443,714
Intersegment	626		70		2,457		—		(3,153		)	—
Total segment revenue	$	3,128,614	$	1,508,395	$	809,858	$	—	$	(3,153	)	$	5,443,714
Segment EBITDA	$	416,774	$	153,199	$	91,677	$	—	$	—		$	661,650
Depreciation and amortization⁽¹⁾	52,432		26,533		15,723		—		—			94,688

⁽¹⁾ Amounts presented include depreciation and amortization expense recorded within cost of goods sold.

The key measure of segment profit or loss reviewed by our chief operating decision maker, who is our Chief Executive Officer, is Segment EBITDA. Segment EBITDA includes revenue and expenses that are controllable by the segment. Corporate and administrative expenses are allocated to the segments based on usage, with shared expenses apportioned based on the segment's percentage of consolidated revenue. We calculate Segment EBITDA as EBITDA excluding restructuring and acquisition related expenses, change in fair value of contingent consideration liabilities, other acquisition related gains and losses and equity in earnings of unconsolidated subsidiaries. EBITDA, which is the basis for Segment EBITDA, is calculated as net income excluding depreciation, amortization, interest (which includes loss on debt extinguishment) and income tax expense.

The table below provides a reconciliation from Segment EBITDA to Net Income (in thousands):



	Three Months Ended						Nine Months Ended
	September 30,						September 30,
	2016			2015			2016		2015
Segment EBITDA	$	273,847		$	207,314		$	829,358	$	661,650
Deduct:
Restructuring and acquisition related expenses ⁽¹⁾	8,412			4,578			32,303		12,729
Inventory step-up adjustment - acquisition related ⁽²⁾	(387		)	—			9,826		—
Change in fair value of contingent consideration liabilities ⁽³⁾	57			89			176		365
Add:
Equity in earnings of unconsolidated subsidiaries	267			(1,130		)	52		(4,200		)
Gains on foreign exchange contracts - acquisition related ⁽⁴⁾	—			—			18,342		—
EBITDA	266,032			201,517			805,447		644,356
Depreciation and amortization - cost of goods sold	6,472			2,091			13,137		4,570
Depreciation and amortization	53,016			30,883			137,233		90,118
Interest expense, net	27,059			14,722			68,032		44,250
Loss on debt extinguishment	—			—			26,650		—
Provision for income taxes	56,797			52,475			182,751		177,255
Net income	$	122,688		$	101,346		$	377,644	$	328,163

⁽¹⁾See Note 4, "Restructuring and Acquisition Related Expenses," for further information.

⁽²⁾ Reflects the impact on Cost of Goods Sold of the step-up acquisition adjustment to record PGW inventory at its fair value.

⁽³⁾See Note 10, "Fair Value Measurements," for further information on our contingent consideration liabilities.

⁽⁴⁾Reflects gains on foreign currency forwards used to fix the Euro purchase price of Rhiag. See Note 2, "Business Combinations," for further information.

The following table presents capital expenditures by reportable segment (in thousands):



	Three Months Ended				Nine Months Ended
	September 30,				September 30,
	2016		2015		2016		2015
Capital Expenditures
North America	$	24,394	$	11,615	$	66,625	$	41,762
Europe	16,554		16,966		57,105		47,138
Specialty	582		4,229		11,235		10,673
Glass	8,897		—		17,781		—
	$	50,427	$	32,810	$	152,746	$	99,573

The following table presents assets by reportable segment (in thousands):



	September 30,		December 31,
	2016		2015
Receivables, net
North America	$	315,656	$	314,743
Europe ⁽¹⁾	438,771		215,710
Specialty	79,415		59,707
Glass ⁽¹⁾	125,479		—
Total receivables, net	959,321		590,160
Inventories, net
North America	795,531		847,787
Europe ⁽¹⁾	664,658		427,323
Specialty	293,083		281,442
Glass ⁽¹⁾	159,296		—
Total inventories, net	1,912,568		1,556,552
Property, Plant and Equipment, net
North America	486,382		467,961
Europe ⁽¹⁾	246,544		175,455
Specialty	57,565		53,151
Glass ⁽¹⁾	233,216		—
Total property, plant and equipment, net	1,023,707		696,567
Other unallocated assets	4,308,356		2,804,558
Total assets	$	8,203,952	$	5,647,837

⁽¹⁾The increase in assets for our Europe and Glass segments primarily relates to the Rhiag and PGW acquisitions, respectively (see Note 2, "Business Combinations" for further details).

We report net receivables, inventories, and net property, plant and equipment by segment as that information is used by the chief operating decision maker in assessing segment performance. These assets provide a measure for the operating capital employed in each segment. Unallocated assets include cash, prepaid and other current and noncurrent assets, goodwill, intangibles and deferred income taxes.

The majority of our operations are conducted in the U.S. Our European operations are located in the U.K., the Netherlands, Belgium, France, Sweden, and Norway. As part of the Rhiag and PGW acquisitions we expanded our operations into Italy, Czech Republic, Switzerland, Hungary, Romania, Ukraine, Bulgaria, Slovakia, Poland, Spain, and Germany. Our operations in other countries include recycled and aftermarket operations in Canada, engine remanufacturing and bumper refurbishing operations in Mexico, an aftermarket parts freight consolidation warehouse in Taiwan, and administrative support functions in India. Our net sales are attributed to geographic area based on the location of the selling operation.

The following table sets forth our revenue by geographic area (in thousands):



	Three Months Ended				Nine Months Ended
	September 30,				September 30,
	2016		2015		2016		2015
Revenue
United States	$	1,475,276	$	1,229,958	$	4,244,083	$	3,653,326
United Kingdom	336,168		358,925		1,044,110		1,049,596
Other countries	575,386		242,849		1,470,806		740,792
	$	2,386,830	$	1,831,732	$	6,758,999	$	5,443,714

The following table sets forth our tangible long-lived assets by geographic area (in thousands):



	September 30,		December 31,
	2016		2015
Long-lived Assets
United States	$	703,454	$	493,300
United Kingdom	150,625		138,546
Other countries	169,628		64,721
	$	1,023,707	$	696,567

The following table sets forth our revenue by product category (in thousands):



	Three Months Ended				Nine Months Ended
	September 30,				September 30,
	2016		2015		2016		2015
Aftermarket, other new and refurbished products	$	1,673,147	$	1,307,399	$	4,817,217	$	3,850,038
Recycled, remanufactured and related products and services	424,876		401,292		1,290,488		1,207,917
Manufactured products ⁽¹⁾	177,300		—		317,932		—
Other	111,507		123,041		333,362		385,759
	$	2,386,830	$	1,831,732	$	6,758,999	$	5,443,714

⁽¹⁾ Includes sales of PGW's manufactured and fabricated OEM automotive glass products. Sales of PGW's aftermarket automotive glass products are included within Aftermarket, other new and refurbished products above.

Our North American reportable segment generates revenue from all of our product categories, except manufactured products, while our European and Specialty segments generate revenue primarily from the sale of aftermarket products. Our Glass segment generates revenue from both the sale of aftermarket products and the sale of manufactured products. Revenue from other sources includes scrap sales, bulk sales to mechanical remanufacturers (including cores) and sales of aluminum ingots and sows from our furnace operations.