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Segments
6 Months Ended
Jun. 30, 2014
Segment Reporting [Abstract]  
Segments

10. 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 Company’s segment results are as follows as of and for the three and six month periods ended June 30 (in thousands):

 

     Three months ended
June 30,
     Six months ended
June 30,
 
     2014      2013      2014      2013  

Revenues, net:

           

North America

   $ 138,861       $ 119,486       $ 265,236       $ 220,080   

International

     134,641         101,383         262,174         194,440   
  

 

 

    

 

 

    

 

 

    

 

 

 
   $ 273,502       $ 220,869       $ 527,410       $ 414,520   
  

 

 

    

 

 

    

 

 

    

 

 

 

Operating income:

           

North America

   $ 68,317       $ 60,103       $ 124,514       $ 109,529   

International

     66,167         48,971         124,106         93,798   
  

 

 

    

 

 

    

 

 

    

 

 

 
   $ 134,484       $ 109,074       $ 248,620       $ 203,327   
  

 

 

    

 

 

    

 

 

    

 

 

 

Depreciation and amortization:

           

North America

   $ 6,376       $ 5,267       $ 13,012       $ 10,439   

International

     18,053         10,623         35,835         20,080   
  

 

 

    

 

 

    

 

 

    

 

 

 
   $ 24,429       $ 15,890       $ 48,847       $ 30,519   
  

 

 

    

 

 

    

 

 

    

 

 

 

Capital expenditures:

           

North America

   $ 1,840       $ 1,292       $ 3,836       $ 2,356   

International

     4,128         4,054         7,716         7,752   
  

 

 

    

 

 

    

 

 

    

 

 

 
   $ 5,968       $ 5,346       $ 11,552       $ 10,108