Business Segment Information (Tables)

3 Months Ended

Mar. 31, 2015

Schedule of Segment Reporting Information, by Segment

Financial information regarding the Company’s operations by geographic area is as follows:



(in thousands)	UNITED STATES		OTHER NORTH AMERICA	LATIN AMERICA	NORTH ASIA	SOUTH ASIA	EUROPE	MIDDLE EAST, AFRICA AND INDIA	ELIMI- NATIONS		CONSOLI- DATED
Three months ended March 31, 2015:
Revenues from unaffiliated customers	$	444,181	54,794	24,081	645,444	181,381	242,086	85,559	—		1,677,526
Transfers between geographic areas	27,675		2,814	4,777	5,697	5,915	9,637	5,067	(61,582	)	—
Total revenues	$	471,856	57,608	28,858	651,141	187,296	251,723	90,626	(61,582	)	1,677,526
Net revenues¹	$	219,603	30,678	16,559	117,405	42,200	75,888	27,153	—		529,486
Operating income	$	59,181	11,091	5,356	57,056	13,880	15,071	7,248	—		168,883
Identifiable assets at period end	$	1,451,103	109,180	57,232	541,983	143,910	430,338	198,954	11,078		2,943,778
Capital expenditures	$	6,325	288	617	290	319	1,148	458	—		9,445
Depreciation and amortization	$	7,393	292	268	1,399	530	1,246	401	—		11,529
Equity	$	1,182,808	58,998	34,604	306,775	106,139	154,343	120,086	(36,222	)	1,927,531
Three months ended March 31, 2014:
Revenues from unaffiliated customers	$	400,739	51,584	20,629	568,689	140,743	233,683	75,578	—		1,491,645
Transfers between geographic areas	20,011		2,375	5,204	5,417	6,550	9,319	4,542	(53,418	)	—
Total revenues	$	420,750	53,959	25,833	574,106	147,293	243,002	80,120	(53,418	)	1,491,645
Net revenues¹	$	192,082	26,161	15,357	93,394	39,093	74,331	24,168	—		464,586
Operating income	$	51,898	8,375	4,859	40,054	12,470	11,642	5,905	—		135,203
Identifiable assets at period end	$	1,437,768	105,070	61,503	545,148	151,184	437,857	183,288	3,686		2,925,504
Capital expenditures	$	3,928	264	301	2,660	456	866	285	—		8,760
Depreciation and amortization	$	7,852	280	212	1,502	596	1,507	433	—		12,382
Equity	$	1,151,455	69,702	32,017	333,871	112,090	188,354	108,009	(35,484	)	1,960,014

Schedule of Net Revenues Calculation

The following table presents the calculation of consolidated net revenues:



	Three months ended
	March 31,
	2015		2014
Total revenues	$	1,677,526	$	1,491,645
Expenses:
Airfreight services	513,001		482,882
Ocean freight and ocean services	445,456		367,375
Customs brokerage and other services	189,583		176,802
Net revenues	$	529,486	$	464,586

- Definition

Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss.

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