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SEGMENT REPORTING
6 Months Ended
Jun. 30, 2017
Segment Reporting [Abstract]  
SEGMENT REPORTING
SEGMENT REPORTING
Our reportable segments are based on our method of internal reporting, which generally segregates the segments by service line and the primary services they provide to our customers. Beginning with the fourth quarter of 2016, based on certain internal reporting changes, we identified three reportable segments as follows:
North American Surface Transportation-NAST provides freight transportation services across North America through a network of offices in the United States, Canada, and Mexico. The primary services provided by NAST include truckload, LTL, and intermodal.
Global Forwarding-Global Forwarding provides global logistics services through an international network of offices in North America, Asia, Europe, Australia, New Zealand, and South America and also contracts with independent agents worldwide. The primary services provided by Global Forwarding include ocean freight services, airfreight services, and customs brokerage.
Robinson Fresh-Robinson Fresh provides sourcing services under the trade name of Robinson Fresh. Our sourcing services primarily include the buying, selling, and marketing of fresh fruits, vegetables, and other perishable items. Robinson Fresh sources products from around the world and has a physical presence in North America, Europe, Asia, and South America. This segment often provides the logistics and transportation of the products they sell, in addition to temperature controlled transportation services for its customers.
All Other and Corporate-All Other and Corporate includes our Managed Services segment, as well as Other Surface Transportation outside of North America and other miscellaneous revenues and unallocated corporate expenses. Managed Services provides Transportation Management Services, or Managed TMS®. Other Surface Transportation revenues are primarily earned by Europe Surface Transportation. Europe Surface Transportation provides services similar to NAST across Europe.
The internal reporting of segments is defined, based in part, on the reporting and review process used by our chief operating decision maker, our Chief Executive Officer. The accounting policies of our reporting segments are the same as those described in the summary of significant accounting policies in our Annual Report on Form 10-K for the year ended December 31, 2016. Segment information for prior years has been retroactively recast to align with current year presentation. Segment information as of, and for the three and six months ended June 30, 2017 and 2016, is as follows (dollars in thousands):
 
NAST
 
Global Forwarding
 
Robinson Fresh
 
All Other and Corporate
 
Eliminations
 
Consolidated
Three Months Ended June 30, 2017
 
 
 
 
 
 
 
 
 
 
 
Revenues
$
2,381,551

 
$
528,820

 
$
657,003

 
$
142,644

 
$

 
$
3,710,018

  Intersegment revenues
112,243

 
7,440

 
39,669

 
3,670

 
(163,022
)
 

Total Revenues
$
2,493,794

 
$
536,260

 
$
696,672

 
$
146,314

 
$
(163,022
)
 
$
3,710,018

Net Revenues
$
359,906

 
$
121,023

 
$
60,846

 
$
32,014

 
$

 
$
573,789

Income from Operations
140,284

 
27,675

 
14,249

 
(388
)
 

 
181,820

Depreciation and amortization
5,706

 
8,099

 
1,198

 
7,943

 

 
22,946

Total assets(1)
2,189,711

 
741,443

 
455,214

 
579,521

 

 
3,965,889

Average headcount
7,003

 
4,021

 
980

 
2,616

 

 
14,620

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
NAST
 
Global Forwarding
 
Robinson Fresh
 
All Other and Corporate
 
Eliminations
 
Consolidated
Three Months Ended June 30, 2016
 
 
 
 
 
 
 
 
 
 
 
Revenues
$
2,158,615

 
$
356,773

 
$
660,204

 
$
124,149

 
$

 
$
3,299,741

  Intersegment revenues
71,543

 
8,763

 
27,049

 
229

 
(107,584
)
 

Total Revenues
$
2,230,158

 
$
365,536

 
$
687,253

 
$
124,378

 
$
(107,584
)
 
$
3,299,741

Net Revenues
$
399,203

 
$
97,224

 
$
67,820

 
$
29,968

 
$

 
$
594,215

Income from Operations
182,721

 
22,396

 
27,311

 
1,319

 

 
233,747

Depreciation and amortization
5,502

 
5,079

 
839

 
6,764

 

 
18,184

Total assets(1)
1,936,149

 
505,778

 
427,272

 
479,871

 

 
3,349,070

Average headcount
6,800

 
3,514

 
947

 
2,261

 

 
13,522

 
NAST
 
Global Forwarding
 
Robinson Fresh
 
All Other and Corporate
 
Eliminations
 
Consolidated
Six Months Ended June 30, 2017
 
 
 
 
 
 
 
 
 
 
 
Revenues
$
4,640,803

 
$
997,608

 
$
1,207,448

 
$
279,284

 
$

 
$
7,125,143

  Intersegment revenues
213,397

 
15,583

 
73,009

 
10,548

 
(312,537
)
 

Total Revenues
$
4,854,200

 
$
1,013,191

 
$
1,280,457

 
$
289,832

 
$
(312,537
)
 
$
7,125,143

Net Revenues
$
732,346

 
$
227,569

 
$
117,683

 
$
64,757

 
$

 
$
1,142,355

Income from Operations
296,161

 
43,881

 
28,901

 
835

 

 
369,778

Depreciation and amortization
11,296

 
16,119

 
2,344

 
15,618

 

 
45,377

Total assets(1)
2,189,711

 
741,443

 
455,214

 
579,521

 

 
3,965,889

Average headcount
6,926

 
3,977

 
971

 
2,580

 

 
14,454

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
NAST
 
Global Forwarding
 
Robinson Fresh
 
All Other and Corporate
 
Eliminations
 
Consolidated
Six Months Ended June 30, 2016
 
 
 
 
 
 
 
 
 
 
 
Revenues
$
4,204,094

 
$
707,885

 
$
1,224,297

 
$
237,408

 
$

 
$
6,373,684

  Intersegment revenues
131,812

 
14,843

 
50,945

 
542

 
(198,142
)
 

Total Revenues
$
4,335,906

 
$
722,728

 
$
1,275,242

 
$
237,950

 
$
(198,142
)
 
$
6,373,684

Net Revenues
$
783,001

 
$
190,090

 
$
126,005

 
$
58,454

 
$

 
$
1,157,550

Income from Operations
345,072

 
39,253

 
45,044

 
3,330

 

 
432,699

Depreciation and amortization
11,004

 
10,158

 
1,607

 
12,290

 

 
35,059

Total assets(1)
1,936,149

 
505,778

 
427,272

 
479,871

 

 
3,349,070

Average headcount
6,749

 
3,499

 
937

 
2,216

 

 
13,401

(1) All cash and cash equivalents are included in All Other and Corporate.