Segments

6 Months Ended

Jun. 30, 2019

Segment Reporting [Abstract]

Segments

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. There were no inter-segment sales.

The Company’s segment results are as follows for the three and six month periods ended June 30, 2019 and 2018 (in thousands): 

	Three Months Ended June 30,				Six Months Ended June 30,
	2019		2018		2019		2018
Revenues, net:
North America	$	417,941	$	370,949	$	814,840	$	735,218
International	229,153		214,036		454,079		435,266
	$	647,094	$	584,985	$	1,268,919	$	1,170,484
Operating income:
North America	$	184,198	$	161,376	$	356,609	$	317,326
International	113,119		103,407		224,884		207,544
	$	297,317	$	264,783	$	581,493	$	524,870
Depreciation and amortization:
North America	$	41,875	$	38,317	$	80,167	$	76,992
International	29,033		30,293		58,186		63,120
	$	70,908	$	68,610	$	138,353	$	140,112
Capital expenditures:
North America	$	11,306	$	11,685	$	19,683	$	20,096
International	6,164		7,715		12,292		14,518
	$	17,470	$	19,400	$	31,975	$	34,614