OPERATING SEGMENTS AND GEOGRAPHIC INFORMATION

The Company has three reportable operating segments: the Americas, Asia Pacific, and Europe. ‘Other businesses’ aggregates insignificant operating segments that do not meet the reportable segment threshold, including manufacturing operations located in Mexico and Italy, and corporate operations.

Each of the reportable operating segments derives its revenues from the sale of footwear and accessories to external customers. Revenues for ‘Other businesses’ include non-footwear product sales to external customers that are excluded from the measurement of segment operating revenues and income.

Segment performance is evaluated based on segment results without allocating corporate expenses, or indirect general, administrative, and other expenses. Segment profits or losses include adjustments to eliminate inter-segment sales. Reconciling items between segment operating income and income (loss) from operations consist of other businesses and unallocated corporate expenses, as well as inter-segment eliminations. The following tables set forth information related to reportable operating segments:



	Year Ended December 31,
	2017			2016			2015
	(in thousands)
Revenues:
Americas	$	480,146		$	467,006		$	476,210
Asia Pacific	369,667			395,078			424,491
Europe	172,830			173,444			188,833
Segment revenues	1,022,643			1,035,528			1,089,534
Other businesses	870			745			1,096
Total consolidated revenues	$	1,023,513		$	1,036,273		$	1,090,630
Income from operations:
Americas ⁽¹⁾	$	86,880		$	58,844		$	49,422
Asia Pacific ⁽²⁾	79,273			78,907			48,447
Europe ⁽³⁾	25,736			17,757			15,629
Segment income from operations	191,889			155,508			113,498
Reconciliation of segment income from operations to income (loss) before income taxes:
Other businesses	(22,861		)	(26,935		)	(30,092		)
Unallocated corporate ⁽⁴⁾	(151,692		)	(134,727		)	(155,730		)
Total consolidated income (loss) from operations	17,336			(6,154		)	(72,324		)
Foreign currency gain (loss), net	563			(2,454		)	(3,332		)
Interest income	870			692			967
Interest expense	(869		)	(836		)	(969		)
Other income	280			1,539			914
Income (loss) before income taxes	$	18,180		$	(7,213	)	$	(74,744	)
Depreciation and amortization:
Americas	$	5,473		$	5,787		$	7,401
Asia Pacific	3,464			4,264			3,913
Europe	1,878			2,133			2,229
Total segment depreciation and amortization	10,815			12,184			13,543
Other businesses	6,748			6,830			7,634
Unallocated corporate	15,567			15,029			14,816
Total consolidated depreciation and amortization	$	33,130		$	34,043		$	35,993

⁽¹⁾ Includes $0.5 million, $1.7 million, and $7.2 million of asset impairment charges related to 3, 12, and 27 underperforming retail locations for the years ended December 31, 2017, 2016 and 2015, respectively.

⁽²⁾ Includes $0.0 million, $0.7 million, and $0.7 million of asset impairment charges related to 0, 21, and 27 underperforming retail locations for the years ended December 31, 2017, 2016 and 2015, respectively.

⁽³⁾ Includes less than $0.1 million, $0.3 million, and $1.6 million of asset impairment charges related to 1, 9, and 21 underperforming retail locations for the years ended December 31, 2017, 2016 and 2015, respectively. Additionally in the year ended December 31, 2016, the Company recorded $0.4 million in impairment charges related to goodwill in our Europe operating segment.

⁽⁴⁾ Includes a $4.8 million write-off related to a discontinued project for the year ended December 31, 2017. Also includes corporate support and administrative functions, costs associated with share-based compensation, research and development, marketing, legal, restructuring, depreciation and amortization of corporate and other assets not allocated to operating segments, and intersegment eliminations.

The following table sets forth asset information related to reportable operating segments as of the dates shown:



	December 31,
	2017		2016
	(in thousands)
Long-lived assets:
Americas	$	17,129	$	22,406
Asia Pacific	4,171		6,524
Europe	4,609		5,091
Total segment long-lived assets	25,909		34,021
Supply Chain	17,396		21,872
Corporate and other	49,842		62,377
Total long-lived assets	$	93,147	$	118,270

Total consolidated assets:
Americas	$	158,641	$	181,404
Asia Pacific	161,646		154,862
Europe	76,537		87,894
Total segment assets	396,824		424,160
Supply Chain	37,793		43,039
Corporate and other	109,078		99,191
Total consolidated assets	$	543,695	$	566,390

There were no customers who represented 10% or more of consolidated revenues during the years ended December 31, 2017, 2016 and 2015. The following table sets forth certain geographical information regarding Crocs’ revenues for the periods as shown:



	Year Ended December 31,
	2017		2016		2015
	(in thousands)
Location:
United States	$	388,847	$	384,939	$	392,463
International ⁽¹⁾	634,666		651,334		698,167
Total revenues	$	1,023,513	$	1,036,273	$	1,090,630

⁽¹⁾ For the year ended December 31, 2016, sales in Japan represented approximately 10.6% of consolidated revenues.

The following table sets forth geographical information regarding property and equipment assets as of the dates shown:



	December 31,
	2017		2016
	(in thousands)
Location:
United States	$	23,396	$	29,420
International	11,636		14,670
Total property and equipment, net	$	35,032	$	44,090