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Segments
12 Months Ended
Dec. 31, 2014
Segment Reporting [Abstract]  
Segments

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

 

     2014      2013      2012  

Revenues, net:

        

North America

   $ 668,328       $ 460,705       $ 400,164   

International

     531,062         434,466         307,370   
  

 

 

    

 

 

    

 

 

 
$ 1,199,390    $ 895,171    $ 707,534   
  

 

 

    

 

 

    

 

 

 

Operating income:

North America

$ 287,303    $ 220,526    $ 196,677   

International

  278,146      200,106      128,251   
  

 

 

    

 

 

    

 

 

 
$ 565,449    $ 420,632    $ 324,928   
  

 

 

    

 

 

    

 

 

 

Depreciation and amortization:

North America

$ 39,275    $ 22,267    $ 20,289   

International

  73,086      50,470      31,747   
  

 

 

    

 

 

    

 

 

 
$ 112,361    $ 72,737    $ 52,036   
  

 

 

    

 

 

    

 

 

 

Capital expenditures:

North America

$ 9,407    $ 6,132    $ 7,735   

International

  17,663      14,653      11,376   
  

 

 

    

 

 

    

 

 

 
$ 27,070    $ 20,785    $ 19,111   
  

 

 

    

 

 

    

 

 

 

Long-lived assets (excluding goodwill):

North America

$ 1,833,311    $ 173,608    $ 152,516   

International

  750,051      852,390      447,391   
  

 

 

    

 

 

    

 

 

 
$ 2,583,362    $ 1,025,998    $ 599,907   
  

 

 

    

 

 

    

 

 

 

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):

 

     2014      2013      2012  

Revenues, net:

        

United States (country of domicile)

   $ 667,878       $ 460,111       $ 399,573   

United Kingdom

     262,613         198,762         153,305   

 

     2014      2013  

Long-lived assets (excluding goodwill):

     

United States (country of domicile)

   $ 1,833,311       $ 173,354   

United Kingdom

     342,023         352,538   

Brazil

     227,812         293,055   

No single customer represented more than 10% of the Company’s consolidated revenue in 2014, 2013 and 2012.