XML 46 R29.htm IDEA: XBRL DOCUMENT v3.4.0.3
Segment Information (Tables)
3 Months Ended
Mar. 31, 2016
Segment Reporting [Abstract]  
Schedule of Adjusted EBITDA
The Company defines adjusted EBITDA as income from operations plus depreciation, amortization, accretion, stock-based compensation expense, restructuring charges, impairment charges, acquisition costs and gains on asset sales as presented below (in thousands):
 
Three months ended
March 31,
 
2016
 
2015
Adjusted EBITDA:
 
 
 
Americas
$
184,460

 
$
172,734

EMEA
111,489

 
76,031

Asia-Pacific
84,701

 
56,983

Total adjusted EBITDA
380,650

 
305,748

Depreciation, amortization and accretion expense
(202,153
)
 
(122,530
)
Stock-based compensation expense
(34,515
)
 
(30,613
)
Acquisition costs
(36,536
)
 
(1,156
)
Gains on asset sales
5,242

 

Income from operations
$
112,688

 
$
151,449

Segment Disclosures
The Company also provides the following additional segment disclosures (in thousands):
 
Three months ended
March 31,
 
2016
 
2015
Total revenues:
 
 
 
Americas
$
404,394

 
$
363,969

EMEA
267,856

 
164,623

Asia-Pacific
171,906

 
114,582

 
$
844,156

 
$
643,174

Total depreciation and amortization:
 
 
 
Americas
$
76,259

 
$
66,727

EMEA
76,050

 
26,507

Asia-Pacific
48,225

 
28,402

 
$
200,534

 
$
121,636

Capital expenditures:
 
 
 
Americas
$
83,499

 
$
82,726

EMEA
57,273

 
27,556

Asia-Pacific
56,928

 
39,838

 
$
197,700

 
$
150,120



Segment Long-Lived Assets
The Company’s long-lived assets are located in the following geographic areas as of (in thousands):
 
March 31,
2016
 
December 31,
2015
Americas
$
3,074,737

 
$
3,025,450

EMEA
2,287,091

 
1,157,304

Asia-Pacific
1,526,404

 
1,423,682

 
$
6,888,232

 
$
5,606,436

Revenue Information on Services Basis
Revenue information on a services basis is as follows (in thousands):
 
Three months ended
March 31,
 
2016
 
2015
Colocation
$
619,893

 
$
481,545

Interconnection
127,205

 
101,658

Managed infrastructure
44,736

 
23,855

Other
5,260

 
2,599

Recurring revenues
797,094

 
609,657

Non-recurring revenues
47,062

 
33,517

 
$
844,156

 
$
643,174