PRODUCTS AND SERVICES AND GEOGRAPHIC INFORMATION

12 Months Ended

Dec. 31, 2015

Segment Reporting [Abstract]

PRODUCTS AND SERVICES AND GEOGRAPHIC INFORMATION

NOTE 16 – PRODUCTS AND SERVICES AND GEOGRAPHIC INFORMATION

The FASB Accounting Standards Codification Topic 280, Segment Reporting, requires segment information to be reported based on information utilized by executive management to internally assess performance and make operating decisions. We have determined that we have two operating and reportable segments based on the organizational structure of our Company and information reviewed by our Chief Operating Decision Maker. These operating and reportable segments are Domestic Regulated and Compliance Services ("Domestic") and International Regulated and Compliance Services ("International"). We are in the process of determining the integration of the Shred-it organization within Stericycle. Currently the operations of Shred-it are part of our Domestic Regulated and Compliance Services and International operating segments, based on the the location of the revenue producing customer.

We have retroactively reclassified immaterial amounts related to Puerto Rico from the United States segment to the International segment.

Summary information for our reportable segments is as follows:

In thousands
	Years Ended December 31,
	2015		2014		2013
Revenues:
United States	$	2,165,030	$	1,788,390	$	1,498,347
International:
Europe		441,231		407,082		341,387
Other international countries		379,647		360,129		303,073
Total International		820,878		767,211		644,460
Total	$	2,985,908	$	2,555,601	$	2,142,807
Income before income taxes:
United States	$	382,692	$	436,958	$	405,403
International		28,215		50,610		72,343
Total	$	410,907	$	487,568	$	477,746
Total assets:
United States	$	5,173,779	$	2,916,296	$	2,557,224
International		1,903,671		1,457,006		1,330,749
Total	$	7,077,450	$	4,373,302	$	3,887,973
Property, Plant and Equipment, net:
United States	$	434,202	$	284,788	$	212,518
International:
Europe		95,771		70,621		74,915
Other international countries		135,629		104,999		71,534
Total International		231,400		175,620		146,449
Total	$	665,602	$	460,408	$	358,967

Revenues are attributable to countries based on the location of customers. Intercompany revenues recorded by the United States for work performed in Canada are eliminated prior to reporting United States revenues. The same accounting principles and critical accounting policies are used in the preparation of the financial statements for both reportable segments.

Detailed information for our United States reportable segment is as follows:

In thousands
	Years Ended December 31,
	2015		2014		2013
Regulated and compliance solutions	$	2,062,204	$	1,707,031	$	1,400,572
Recall and returns solutions		102,826		81,359		97,775
Total revenues	$	2,165,030	$	1,788,390	$	1,498,347
Net interest expense		51,680		44,850		43,012
Income before income taxes		382,692		436,958		405,403
Income taxes		145,815		161,497		152,753
Net income attributable to Stericycle, Inc.	$	236,877	$	275,461	$	252,650
Depreciation and amortization	$	78,587	$	59,389	$	49,725
Capital expenditures		53,495		56,507		42,760

Detailed information for our International reportable segment is as follows:

In thousands
	Years Ended December 31,
	2015			2014			2013
Revenues - Regulated and compliance solutions	$	820,878		$	767,211		$	644,460
Net interest expense		25,594			21,172			11,937
Income before income taxes		28,215			50,610			72,343
Income taxes		(2,921	)		(2,075	)		11,909
Net income		31,136			52,685			60,434
Less: net income attributable to noncontrolling interests		967			1,690			1,712
Net income attributable to Stericycle, Inc.	$	30,169		$	50,995		$	58,722
Depreciation and amortization	$	48,825		$	45,227		$	38,683
Capital expenditures		61,266			29,989			30,349