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. There were no inter-segment sales.

The Company’s segment results are as follows for the three month periods ended March 31 (in thousands):



	Three Months Ended March 31,
	2019		2018
Revenues, net:
North America	$	396,899	$	364,270
International	224,926		221,230
	$	621,825	$	585,500
Operating income:
North America	$	172,411	$	155,950
International	111,765		104,137
	$	284,176	$	260,087
Depreciation and amortization:
North America	$	38,292	$	38,675
International	29,153		32,827
	$	67,445	$	71,502
Capital expenditures:
North America	$	8,377	$	8,411
International	6,129		6,803
	$	14,506	$	15,214