Business Segment Information (Tables)

6 Months Ended

Jun. 30, 2015

Segment Reporting [Abstract]

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 June 30, 2015:
Revenues from unaffiliated customers	$	449,622	58,739	24,314	649,901	184,862	239,953	84,162	—		1,691,553
Transfers between geographic areas	32,486		3,685	5,403	5,427	6,473	10,716	5,112	(69,302	)	—
Total revenues	$	482,108	62,424	29,717	655,328	191,335	250,669	89,274	(69,302	)	1,691,553
Net revenues1	$	229,353	30,576	17,485	124,491	46,944	76,607	26,685	—		552,141
Operating income	$	68,547	10,437	5,441	60,597	16,140	15,587	5,967	—		182,716
Identifiable assets at period end	$	1,381,755	103,613	57,711	572,425	141,344	448,475	219,280	7,772		2,932,375
Capital expenditures	$	7,711	1,656	569	475	989	921	591	—		12,912
Depreciation and amortization	$	7,339	310	248	1,379	548	1,176	420	—		11,420
Equity	$	1,075,703	59,374	38,447	344,479	118,175	166,569	124,564	(37,578	)	1,889,733
Three months ended June 30, 2014:
Revenues from unaffiliated customers	$	416,454	55,343	22,003	623,625	152,570	250,823	78,323	—		1,599,141
Transfers between geographic areas	22,408		2,587	5,567	5,637	6,708	9,829	4,925	(57,661	)	—
Total revenues	$	438,862	57,930	27,570	629,262	159,278	260,652	83,248	(57,661	)	1,599,141
Net revenues1	$	200,106	25,533	16,648	97,498	40,145	79,958	24,826	—		484,714
Operating income	$	59,780	7,001	4,676	39,321	11,828	14,952	4,885	—		142,443
Identifiable assets at period end	$	1,328,312	110,498	57,588	587,891	153,660	481,190	205,023	5,778		2,929,940
Capital expenditures	$	5,547	422	171	1,383	518	1,234	360	—		9,635
Depreciation and amortization	$	7,879	296	227	1,476	620	1,478	441	—		12,417
Equity	$	1,044,386	72,681	35,578	356,974	122,577	189,296	112,394	(36,749	)	1,897,137

(in thousands)	UNITED STATES		OTHER NORTH AMERICA	LATIN AMERICA	NORTH ASIA	SOUTH ASIA	EUROPE	MIDDLE EAST, AFRICA AND INDIA	ELIMI- NATIONS		CONSOLI- DATED
Six months ended June 30, 2015:
Revenues from unaffiliated customers	$	893,803	113,533	48,395	1,295,345	366,243	482,039	169,721	—		3,369,079
Transfers between geographic areas	60,161		6,499	10,180	11,124	12,388	20,353	10,179	(130,884	)	—
Total revenues	$	953,964	120,032	58,575	1,306,469	378,631	502,392	179,900	(130,884	)	3,369,079
Net revenues1	$	448,956	61,254	34,044	241,896	89,144	152,495	53,838	—		1,081,627
Operating income	$	127,728	21,528	10,797	117,653	30,020	30,658	13,215	—		351,599
Identifiable assets at period end	$	1,381,755	103,613	57,711	572,425	141,344	448,475	219,280	7,772		2,932,375
Capital expenditures	$	14,036	1,944	1,186	765	1,308	2,069	1,049	—		22,357
Depreciation and amortization	$	14,732	602	516	2,778	1,078	2,422	821	—		22,949
Equity	$	1,075,703	59,374	38,447	344,479	118,175	166,569	124,564	(37,578	)	1,889,733
Six months ended June 30, 2014:
Revenues from unaffiliated customers	$	817,193	106,927	42,632	1,192,314	293,313	484,506	153,901	—		3,090,786
Transfers between geographic areas	42,419		4,962	10,771	11,054	13,258	19,148	9,467	(111,079	)	—
Total revenues	$	859,612	111,889	53,403	1,203,368	306,571	503,654	163,368	(111,079	)	3,090,786
Net revenues1	$	392,188	51,694	32,005	190,892	79,238	154,289	48,994	—		949,300
Operating income	$	111,678	15,376	9,535	79,375	24,298	26,594	10,790	—		277,646
Identifiable assets at period end	$	1,328,312	110,498	57,588	587,891	153,660	481,190	205,023	5,778		2,929,940
Capital expenditures	$	9,475	686	472	4,043	974	2,100	645	—		18,395
Depreciation and amortization	$	15,731	576	439	2,978	1,216	2,985	874	—		24,799
Equity	$	1,044,386	72,681	35,578	356,974	122,577	189,296	112,394	(36,749	)	1,897,137

Schedule of Net Revenues Calculation

The following table presents the calculation of consolidated net revenues:

	Three months ended				Six months ended
	June 30,				June 30,
	2015		2014		2015		2014
Total revenues	$	1,691,553	$	1,599,141	$	3,369,079	$	3,090,786
Expenses:
Airfreight services	506,988		503,213		1,019,989		986,095
Ocean freight and ocean services	433,356		423,716		878,812		791,091
Customs brokerage and other services	199,068		187,498		388,651		364,300
Net revenues	$	552,141	$	484,714	$	1,081,627	$	949,300