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Segments
6 Months Ended
Jun. 30, 2020
Segment Reporting [Abstract]  
Segments Segments
As previously described in our Annual Report on Form 10-K for the year ended December 31, 2019, the Company historically managed and reported our operating results through two reportable segments, defined by geographic regions: North America and International. In the first quarter of 2020, we evaluated the identification of our operating and reportable segments based upon changes in business models, management reporting, and how the Chief Operating Decision Maker ("CODM") is currently allocating resources, assessing performance and reviewing financial information. We determined that this change caused the composition of our reportable segments to change and that Brazil represented a third operating and reportable segment, which was previously reported in the International segment. We now manage and report our operating results through three operating and reportable segments defined by geographic regions: North America, Brazil and International, which aligns with how the CODM allocates resources, assesses performance and reviews financial information. This change in reporting segments did not impact our determination of reporting units.

The Company’s segment results are as follows for the three and six month periods ended June 30, 2020 and 2019 (in thousands): 
 Three Months Ended
June 30,
Six Months Ended
June 30,
 2020201920202019
Revenues, net:
North America$357,430  $417,941  $792,122  $814,840  
Brazil75,148  103,581  174,126  209,280  
International92,568  125,572  219,991  244,799  
$525,146  $647,094  $1,186,239  $1,268,919  
Operating income:
North America$133,151  $184,293  $218,891  $356,672  
Brazil 29,420  42,261  68,862  84,415  
International50,240  70,763  126,041  140,406  
$212,811  $297,317  $413,794  $581,493  
Depreciation and amortization:
North America$38,548  $41,875  $76,524  $80,167  
Brazil 12,169  16,296  26,758  33,090  
International11,445  12,737  23,356  25,096  
$62,162  $70,908  $126,638  $138,353  
Capital expenditures:
North America$12,279  $11,306  $23,543  $19,683  
Brazil 3,477  3,823  6,808  7,977  
International2,857  2,341  6,519  4,315  
$18,613  $17,470  $36,870  $31,975