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Segments
12 Months Ended
Dec. 31, 2017
Segment Reporting [Abstract]  
Segments
Segments
The Company reports information about its operating segments in accordance with the authoritative guidance related to segments. The Company’s reportable segments represent components of the business for which separate financial information is evaluated regularly by the chief operating decision maker in determining how to allocate resources and in assessing performance. The Company operates in two reportable segments, North America and International. The results from the Cambridge business acquired in the third quarter of 2017 and CLS business acquired in the fourth quarter of 2017 are reported in the Company's North America segment. The results from the Company's Russian business acquired in the fourth quarter of 2017 are reported in its International segment. There were no inter-segment sales.
The Company’s segment results are as follows as of and for the years ended December 31 (in thousands):
 
 
 
2017
 
2016
 
2015
Revenues, net:
 
 
 
 
 
 
North America
 
$
1,428,711

 
$
1,279,102

 
$
1,231,957

International
 
820,827

 
552,444

 
470,908

 
 
$
2,249,538


$
1,831,546


$
1,702,865

Operating income:
 
 
 
 
 

North America
 
$
541,598

 
$
506,414

 
$
442,052

International
 
342,162

 
247,739

 
225,482

 
 
$
883,760


$
754,153


$
667,534

Depreciation and amortization:
 
 
 
 
 
 
North America
 
$
139,418

 
$
129,653

 
$
127,863

International
 
125,142

 
73,603

 
65,590

 
 
$
264,560


$
203,256


$
193,453

Capital expenditures:
 
 
 
 
 
 
North America
 
$
40,747

 
$
39,000

 
$
19,883

International
 
29,346

 
20,011

 
21,992

 
 
$
70,093


$
59,011


$
41,875

Long-lived assets (excluding goodwill):
 
 
 
 
 

North America
 
$
1,888,599

 
$
1,664,224

 
$
1,719,639

International
 
1,131,610

 
1,203,465

 
602,941

 
 
$
3,020,209


$
2,867,689


$
2,322,580

The Company attributes revenues, net from external customers to individual countries based upon the country in which the related services were rendered. The table below presents certain financial information related to the Company’s significant operations as of and for the years ended December 31 (in thousands): 
 
 
2017
 
2016
 
2015
Revenues, net by location:
 
 
 
 
 
 
United States (country of domicile)
 
$
1,400,801

 
$
1,278,828

 
$
1,231,641

Brazil
 
394,550

 
167,769

 
85,124

United Kingdom
 
236,550

 
229,125

 
248,598



The table below presents the Company's revenues, net from its primary product categories as of and for the years ended December 31 (in thousands).
 
 
Year Ended December 31,
 
 
2017
2016
 
2015
Revenue by Product Category
 
Revenues, net
 
Revenues, net
 
Revenues, net
Fuel1
 
$
1,096,153

 
$
997,398

 
$
1,115,570

Corporate payments
 
261,822

 
179,557

 
162,283

Tolls
 
326,977

 
102,740

 
9,337

Lodging
 
126,657

 
100,664

 
91,751

Gift
 
194,099

 
184,743

 
170,095

Other
 
243,830

 
266,444

 
153,829

Consolidated revenues, net
 
$
2,249,538

 
$
1,831,546

 
$
1,702,865

 
1Amounts shown for 2016 and 2015 from previously disclosed amounts conform to the current year's presentation.

The table below presents the Company's long-lived assets (excluding goodwill) at December 31 (in thousands).
        
 
 
2017
 
2016
Long-lived assets (excluding goodwill):
 
 
 
 
United States (country of domicile)
 
$
1,808,043

 
$
1,664,224

Brazil
 
688,809

 
784,816

United Kingdom
 
294,039

 
286,928


No single customer represented more than 10% of the Company’s consolidated revenue in 2017, 2016 and 2015.