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Segment Information (Tables)

6 Months Ended

Jun. 30, 2019

Schedule of revenue information disaggregated by service lines and geographic areas

The following tables present revenue information disaggregated by product lines and geographic areas (in thousands):



	Three Months Ended June 30, 2019								Six Months Ended June 30, 2019
	Americas		EMEA		Asia-Pacific		Total		Americas		EMEA		Asia-Pacific		Total
Colocation ⁽¹⁾	$	444,086	$	347,795	$	213,734	$	1,005,615	$	884,067	$	678,920	$	423,399	$	1,986,386
Interconnection	142,460		38,614		37,957		219,031		281,023		76,139		74,653		431,815
Managed infrastructure	22,908		28,397		22,467		73,772		44,695		57,485		44,387		146,567
Other ⁽¹⁾	5,352		2,275		—		7,627		11,331		4,774		—		16,105
Recurring revenues	614,806		417,081		274,158		1,306,045		1,221,116		817,318		542,439		2,580,873
Non-recurring revenues	29,614		32,774		16,544		78,932		67,670		67,197		32,455		167,322
Total	$	644,420	$	449,855	$	290,702	$	1,384,977	$	1,288,786	$	884,515	$	574,894	$	2,748,195

⁽¹⁾Includes some leasing and hedging activities.



	Three Months Ended June 30, 2018								Six Months Ended June 30, 2018
	Americas		EMEA		Asia-Pacific		Total		Americas		EMEA		Asia-Pacific		Total
Colocation ⁽¹⁾	$	433,895	$	293,518	$	186,172	$	913,585	$	861,020	$	581,579	$	352,370	$	1,794,969
Interconnection	131,720		33,969		31,924		197,613		260,973		68,946		62,693		392,612
Managed infrastructure	18,292		29,731		21,184		69,207		36,827		60,417		43,364		140,608
Other ⁽¹⁾	4,980		2,364		—		7,344		6,059		4,130		—		10,189
Recurring revenues	588,887		359,582		239,280		1,187,749		1,164,879		715,072		458,427		2,338,378
Non-recurring revenues	29,388		23,586		21,220		74,194		56,023		47,726		35,693		139,442
Total	$	618,275	$	383,168	$	260,500	$	1,261,943	$	1,220,902	$	762,798	$	494,120	$	2,477,820

⁽¹⁾Includes some leasing and hedging activities.

Schedule of Adjusted EBITDA

The Company defines adjusted EBITDA as income from operations excluding depreciation, amortization, accretion, stock-based compensation expense, restructuring charges, impairment charges, acquisition costs and gain on asset sales as presented below (in thousands):



	Three Months Ended June 30,						Six Months Ended June 30,
	2019			2018			2019			2018
Adjusted EBITDA:
Americas	$	309,052		$	293,955		$	616,890		$	585,504
EMEA	209,645			170,815			408,717			336,993
Asia-Pacific	158,313			139,234			311,558			261,022
Total adjusted EBITDA	677,010			604,004			1,337,165			1,183,519
Depreciation, amortization and accretion expense	(320,550		)	(308,828		)	(635,255		)	(615,293		)
Stock-based compensation expense	(61,519		)	(49,725		)	(110,542		)	(92,261		)
Impairment charges	(386		)	—			(14,834		)	—
Acquisition costs	(2,774		)	(30,413		)	(5,245		)	(35,052		)
Income from operations	$	291,781		$	215,038		$	571,289		$	440,913

Segment Disclosures

The Company also provides the following additional segment disclosures (in thousands):



	Three Months Ended June 30,				Six Months Ended June 30,
	2019		2018		2019		2018
Depreciation and amortization:
Americas	$	167,244	$	159,922	$	334,014	$	317,500
EMEA	87,980		88,492		172,145		181,772
Asia-Pacific	64,000		58,917		126,243		115,627
Total	$	319,224	$	307,331	$	632,402	$	614,899
Capital expenditures:
Americas	$	173,623	$	200,277	$	318,118	$	347,606
EMEA	170,851		222,377		335,206		376,768
Asia-Pacific	99,697		97,585		154,814		145,594
Total	$	444,171	$	520,239	$	808,138	$	869,968

Segment Long-Lived Assets

The Company's long-lived assets are located in the following geographic areas as of (in thousands):



	June 30, 2019		December 31, 2018
Americas	$	5,055,889	$	5,010,507
EMEA	3,715,307		3,726,596
Asia-Pacific	2,221,544		2,288,917
Total long-lived assets	$	10,992,740	$	11,026,020