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Segments
9 Months Ended
Sep. 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 nine months ended September 30 (in thousands):

 

     Three months ended
September 30,
     Nine months ended
September 30,
 
     2014      2013      2014      2013  

Revenues, net:

           

North America

   $ 156,343       $ 115,266       $ 421,579       $ 335,346   

International

     138,940         109,884         401,114         304,324   
  

 

 

    

 

 

    

 

 

    

 

 

 
   $ 295,283       $ 225,150       $ 822,693       $ 639,670   
  

 

 

    

 

 

    

 

 

    

 

 

 

Operating income:

           

North America

   $ 78,797       $ 59,093       $ 203,311       $ 168,622   

International

     65,410         52,162         189,516         145,960   
  

 

 

    

 

 

    

 

 

    

 

 

 
   $ 144,207       $ 111,255       $ 392,827       $ 314,582   
  

 

 

    

 

 

    

 

 

    

 

 

 

Depreciation and amortization:

           

North America

   $ 6,635       $ 5,159       $ 19,647       $ 15,598   

International

     19,079         12,901         54,914         32,981   
  

 

 

    

 

 

    

 

 

    

 

 

 
   $ 25,714       $ 18,060       $ 74,561       $ 48,579   
  

 

 

    

 

 

    

 

 

    

 

 

 

Capital expenditures:

           

North America

   $ 1,561       $ 1,942       $ 5,397       $ 4,298   

International

     5,166         3,298         12,882         11,050   
  

 

 

    

 

 

    

 

 

    

 

 

 
   $ 6,727       $ 5,240       $ 18,279       $ 15,348