15. 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. Certain operating segments are aggregated in both our North America and International reportable segments. The Company has aggregated these operating segments due to commonality of the products in each of their business lines having similar economic characteristics, services, customers and processes. There were no significant intersegment sales.

The results from the Efectivale business acquired during the third quarter of 2011, Allstar business acquired during the fourth quarter of 2011, a Russian fuel card business acquired during the second quarter of 2012, CTF Technologies, Inc. acquired during the third quarter of 2012, Fleet Card acquired during the first quarter of 2013, CardLink acquired during the second quarter of 2013, VB acquired during the third quarter of 2013 and DB and Epyx acquired during the fourth quarter of 2013 are reported in the Company’s International segment. The NexTraq business acquired during the fourth quarter of 2013 is reported in the Company’s North America segment.

The Company’s segment results are as follows as of and for the years ended December 31 (in thousands):


	2013		2012		2011
Revenues, net:
North America	$	460,705	$	400,164	$	348,784
International		434,466		307,370		170,807

	$	895,171	$	707,534	$	519,591

Operating income:
North America	$	220,526	$	196,677	$	153,687
International		200,106		128,251		72,647

	$	420,632	$	324,928	$	226,334

Depreciation and amortization:
North America	$	22,267	$	20,289	$	19,845
International		50,470		31,747		16,326

	$	72,737	$	52,036	$	36,171

Capital expenditures:
North America	$	6,132	$	7,735	$	6,840
International		14,653		11,376		6,614

	$	20,785	$	19,111	$	13,454

Long-lived assets (excluding goodwill):
North America	$	173,608	$	152,516	$	113,030
International		852,390		447,391		351,135

	$	1,025,998	$	599,907	$	464,165

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 foreign operations as of and for the years ended December 31 (in thousands):


	2013			2012			2011
Revenues, net:
United States (country of domicile)	$	460,111		$	399,573		$	348,065
United Kingdom		198,762			153,305			80,778
Czech Republic		N/A	¹		N/A	¹		54,542


	2013		2012
Long-lived assets (excluding goodwill):
United States (country of domicile)	$	173,354	$	152,175
United Kingdom		352,538		225,050
Brazil		293,055		81,934

¹	In 2012 and 2013, revenues in the Czech Republic were less than 10% of the Company’s consolidated total revenues.

No single customer represented more than 10% of the Company’s consolidated revenue in 2013 and 2012. In 2011, a major-oil partner, accounted for approximately 11% of the Company’s consolidated revenues, net. The revenues from this significant customer are presented within the Company’s North America segment. Agreements with the major oil company partners typically have initial terms of five to ten years with current remaining terms ranging from two to seven years.