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SEGMENT REPORTING (Tables)
6 Months Ended
Jun. 30, 2016
Segment Reporting [Abstract]  
Financial Information Concerning Company's Reportable Segments

The following tables show financial information for the Company's reportable segments: 

 

In thousands

 

 

 

Three Months Ended June 30,

 

 

Six Months Ended June 30,

 

 

 

2016

 

 

2015

 

 

2016

 

 

2015

 

Revenues

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Domestic RCS

 

$

591,037

 

 

$

451,512

 

 

$

1,170,664

 

 

$

866,348

 

International RCS

 

 

234,479

 

 

 

197,507

 

 

 

458,993

 

 

 

388,578

 

Other

 

 

66,105

 

 

 

66,670

 

 

 

136,145

 

 

 

124,082

 

Total

 

$

891,621

 

 

$

715,689

 

 

$

1,765,802

 

 

$

1,379,008

 

Gross Profit

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Domestic RCS

 

$

271,816

 

 

$

208,690

 

 

$

532,975

 

 

$

401,878

 

International RCS

 

 

76,396

 

 

 

63,217

 

 

 

149,517

 

 

 

124,585

 

Other

 

 

32,883

 

 

 

32,917

 

 

 

67,787

 

 

 

59,692

 

Total

 

$

381,095

 

 

$

304,824

 

 

$

750,279

 

 

$

586,155

 

Amortization

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Domestic RCS

 

$

32,670

 

 

$

3,482

 

 

$

43,086

 

 

$

6,685

 

International RCS

 

 

16,259

 

 

 

3,639

 

 

 

22,138

 

 

 

7,422

 

Other

 

 

1,980

 

 

 

1,800

 

 

 

3,959

 

 

 

3,611

 

Total

 

$

50,909

 

 

$

8,921

 

 

$

69,183

 

 

$

17,718

 

EBITA

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Domestic RCS

 

$

164,181

 

 

$

140,106

 

 

$

315,880

 

 

$

269,018

 

International RCS

 

 

13,801

 

 

 

24,632

 

 

 

26,901

 

 

 

48,229

 

Other

 

 

14,121

 

 

 

13,777

 

 

 

29,674

 

 

 

23,050

 

Total

 

$

192,103

 

 

$

178,515

 

 

$

372,455

 

 

$

340,297

 

 

Reconciliation of Company's Primary Measure of Segment Profitability (EBITA) to Income from Operations

The following table reconciles the Company's primary measure of segment profitability (EBITA) to income from operations:

 

In thousands

 

 

 

Three Months Ended June 30,

 

 

Six Months Ended June 30,

 

 

 

2016

 

 

2015

 

 

2016

 

 

2015

 

Domestic RCS EBITA

 

$

164,181

 

 

$

140,106

 

 

$

315,880

 

 

$

269,018

 

International RCS EBITA

 

 

13,801

 

 

 

24,632

 

 

 

26,901

 

 

 

48,229

 

Subtotal reportable segments

 

 

177,982

 

 

 

164,738

 

 

 

342,781

 

 

 

317,247

 

Other EBITA

 

 

14,121

 

 

 

13,777

 

 

 

29,674

 

 

 

23,050

 

Acquisition expenses

 

 

(2,607

)

 

 

(2,986

)

 

 

(5,597

)

 

 

(6,282

)

Integration expenses

 

 

(22,578

)

 

 

(8,924

)

 

 

(41,846

)

 

 

(17,810

)

Litigation expenses

 

 

(2,664

)

 

 

173

 

 

 

(3,964

)

 

 

(75,450

)

Changes in fair value of contingent consideration

 

 

 

 

 

(35

)

 

 

2,644

 

 

 

640

 

Restructuring and plant conversion expenses

 

 

(929

)

 

 

(3,058

)

 

 

(1,170

)

 

 

(15,360

)

Contract exit costs

 

 

(12,708

)

 

 

 

 

 

(12,708

)

 

 

 

Amortization expense

 

 

(50,909

)

 

 

(8,921

)

 

 

(69,183

)

 

 

(17,718

)

Income from operations

 

$

99,708

 

 

$

154,764

 

 

$

240,631

 

 

$

208,317

 

 

Summary of Revenue Details by Service Line

The following table shows consolidated revenue by service:

 

In thousands

 

 

 

Three Months Ended June 30,

 

 

Six Months Ended June 30,

 

 

 

2016

 

 

2015

 

 

2016

 

 

2015

 

Regulated Waste and Compliance Solutions

 

$

517,186

 

 

$

515,978

 

 

$

1,021,220

 

 

$

1,013,388

 

Secure Information Destruction Services

 

 

190,534

 

 

 

 

 

 

375,164

 

 

 

 

Communication and Related Solutions

 

 

82,549

 

 

 

82,068

 

 

 

170,498

 

 

 

154,421

 

Manufacturing and Industrial Services

 

 

101,352

 

 

 

117,643

 

 

 

198,920

 

 

 

211,199

 

Revenues

 

$

891,621

 

 

$

715,689

 

 

$

1,765,802

 

 

$

1,379,008