Business and Geographic Segment Information (Tables)

3 Months Ended

Mar. 31, 2020

Schedule of segment financial information

The following tables provide financial information for our reportable segments, including a reconciliation of Adjusted EBITDA to Loss from continuing operations before income taxes and equity in net income of affiliates, as reported in the Consolidated Statements of Operations:




For the three months ended March 31,	2020		2019
Revenues
Brazil	$	83,681	$	109,969
Mexico	154,207		156,464
Andean	89,508		138,942
Rest of World	43,576		33,432
Online & Partnerships	156,505		161,774
Corporate	1,080		491
Revenues	$	528,557	$	601,072
Adjusted EBITDA of reportable segments
Brazil	$	(19,199)	$	(30,656)
Mexico	23,310		25,828
Andean	(62,150)		(33,243)

Rest of World	4,837		(3,359)
Online & Partnerships	43,281		48,576
Total Adjusted EBITDA of reportable segments	(9,921)		7,146
Reconciling items:
Corporate	(26,953)		(36,720)
Depreciation and amortization expense	(44,161)		(47,209)
Loss on impairment of assets	(3,768)		—
Share-based compensation expense	(1,981)		(2,987)
EiP expenses	(30,351)		(12,259)
Operating loss	(117,135)		(92,029)
Interest income	2,667		3,553
Interest expense	(36,110)		(54,653)
Loss on debt extinguishment	—		(10,622)
Gain on derivatives	802		5,183
Other (expense) income, net	(102)		397
Foreign currency exchange gain (loss), net	35,944		(4,746)
Gain on sales of subsidiaries, net	2,729		—
Loss from continuing operations before income taxes and equity in net income of affiliates	$	(111,205)	$	(152,917)

Schedule of long-lived assets by geographic areas


	March 31, 2020		December 31, 2019
Assets
Brazil	$	883,050	$	1,068,362
Mexico	1,077,325		1,315,377
Andean	1,815,876		1,715,145

Rest of World	209,778		194,409
Online & Partnerships	1,253,547		1,303,811
Corporate and Discontinued Operations	1,257,506		918,524
Total assets	$	6,497,082	$	6,515,628