XML 46 R29.htm IDEA: XBRL DOCUMENT v3.3.1.900
Business Segment Information (Tables)
12 Months Ended
Dec. 31, 2015
Segment Reporting [Abstract]  
Schedule of Segment Reporting Information, by Segment
Financial information regarding 2015, 2014 and 2013 operations by the Company’s designated geographic areas is as follows:
 
United States
 
Other
North
America
2015
 
 
 
Revenues from unaffiliated customers
$
1,763,361

 
226,284

Transfers between geographic areas
118,884

 
13,383

Total revenues
$
1,882,245

 
239,667

Net revenues1
$
906,780

 
124,381

Operating income
$
245,257

 
46,846

Identifiable assets at year end
$
1,202,532

 
111,549

Capital expenditures
$
26,807

 
3,915

Depreciation and amortization
$
29,532

 
1,331

Equity
$
986,330

 
70,932

2014
 
 
 
Revenues from unaffiliated customers
$
1,694,819

 
218,735

Transfers between geographic areas
97,028

 
10,891

Total revenues
$
1,791,847

 
229,626

Net revenues1
$
823,111

 
108,631

Operating income
$
221,166

 
36,475

Identifiable assets at year end
$
1,408,598

 
111,324

Capital expenditures
$
19,610

 
1,439

Depreciation and amortization
$
31,553

 
1,170

Equity
$
1,165,488

 
54,338

2013
 
 
 
Revenues from unaffiliated customers
$
1,561,468

 
215,968

Transfers between geographic areas
89,570

 
11,038

Total revenues
$
1,651,038

 
227,006

Net revenues1
$
770,519

 
102,864

Operating income
$
195,799

 
35,224

Identifiable assets at year end
$
1,582,557

 
104,735

Capital expenditures
$
28,699

 
1,870

Depreciation and amortization
$
29,569

 
882

Equity
$
1,330,262

 
72,772

 

 
 
Latin
America
 
North Asia
 
South Asia
 
Europe
 
Middle
East, Africa and
India
 
Elimi-nations
 
Consoli-dated 
2015
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Revenues from unaffiliated customers
 
94,229

 
2,557,398

 
677,628

 
958,827

 
338,905

 

 
6,616,632

Transfers between geographic areas
 
19,158

 
21,722

 
25,018

 
42,787

 
21,322

 
(262,274
)
 

Total revenues
 
113,387

 
2,579,120

 
702,646

 
1,001,614

 
360,227

 
(262,274
)
 
6,616,632

Net revenues1
 
65,017

 
493,235

 
179,110

 
308,301

 
110,953

 

 
2,187,777

Operating income
 
19,656

 
245,854

 
69,643

 
65,024

 
29,204

 

 
721,484

Identifiable assets at year end
 
48,678

 
446,914

 
127,014

 
421,590

 
221,835

 
2,326

 
2,582,438

Capital expenditures
 
1,756

 
2,203

 
2,383

 
5,222

 
2,097

 

 
44,383

Depreciation and amortization
 
1,041

 
5,425

 
2,110

 
4,931

 
1,642

 

 
46,012

Equity
 
33,161

 
253,097

 
99,220

 
154,174

 
130,105

 
(32,343
)
 
1,694,676

2014
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Revenues from unaffiliated customers
 
89,058

 
2,576,350

 
657,189

 
1,012,389

 
316,181

 

 
6,564,721

Transfers between geographic areas
 
20,634

 
23,020

 
26,579

 
39,541

 
19,654

 
(237,347
)
 

Total revenues
 
109,692

 
2,599,370

 
683,768

 
1,051,930

 
335,835

 
(237,347
)
 
6,564,721

Net revenues1
 
65,016

 
407,410

 
163,383

 
313,325

 
100,551

 

 
1,981,427

Operating income
 
19,855

 
177,496

 
52,596

 
62,101

 
24,959

 

 
594,648

Identifiable assets at year end
 
53,815

 
513,649

 
141,499

 
447,349

 
208,684

 
5,987

 
2,890,905

Capital expenditures
 
1,574

 
5,955

 
3,118

 
4,246

 
1,530

 

 
37,472

Depreciation and amortization
 
911

 
5,938

 
2,295

 
5,690

 
1,735

 

 
49,292

Equity
 
34,386

 
262,295

 
99,234

 
169,117

 
121,520

 
(34,770
)
 
1,871,608

2013
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Revenues from unaffiliated customers
 
86,050

 
2,444,331

 
601,708

 
876,967

 
293,765

 

 
6,080,257

Transfers between geographic areas
 
21,711

 
22,505

 
24,073

 
38,728

 
16,698

 
(224,323
)
 

Total revenues
 
107,761

 
2,466,836

 
625,781

 
915,695

 
310,463

 
(224,323
)
 
6,080,257

Net revenues1
 
61,478

 
396,395

 
164,505

 
288,407

 
98,685

 

 
1,882,853

Operating income
 
15,734

 
169,252

 
54,728

 
53,294

 
28,042

 

 
552,073

Identifiable assets at year end
 
58,027

 
527,859

 
140,173

 
414,710

 
180,646

 
6,105

 
3,014,812

Capital expenditures
 
1,010

 
15,344

 
1,887

 
3,313

 
1,288

 

 
53,411

Depreciation and amortization
 
901

 
6,078

 
2,303

 
6,569

 
1,769

 

 
48,071

Equity
 
29,590

 
305,883

 
100,845

 
178,729

 
102,628

 
(34,378
)
 
2,086,331

Schedule of Net Revenues Calculation
The following table presents the calculation of net revenues:

Years ended December 31,
 
2015
 
2014
 
2013
Revenues:
 
 
 
 
 
 
Total revenues
 
$
6,616,632

 
6,564,721

 
6,080,257

Expenses:
 
 
 
 
 
 
Airfreight services
 
1,987,690

 
2,103,777

 
1,994,374

Ocean freight and ocean services
 
1,648,993

 
1,712,795

 
1,521,340

Customs brokerage and other services
 
792,172

 
766,722

 
681,690

Net revenues
 
$
2,187,777

 
1,981,427

 
1,882,853

Schedule of Revenues and Long-lived Assets Attributed to Material Foreign Countries
Other than the United States, only the People’s Republic of China, including Hong Kong, represented more than 10% of the Company’s total revenue, net revenue, total identifiable assets or equity in any period presented as noted in the table below.
 
 
2015
 
2014
 
2013
Total revenues
 
32
%
 
33
%
 
33
%
Net revenues
 
19
%
 
16
%
 
16
%
Identifiable assets at year end
 
13
%
 
14
%
 
14
%
Equity
 
10
%
 
9
%
 
11
%