21. SEGMENT INFORMATION

The Company has two reportable segments: U.S. Networks and International Networks which is determined based on our management and internal reporting structure.

U.S. Networks includes our six domestic television networks: HGTV, Food Network, Travel Channel, DIY Network, Cooking Channel and Great American Country. Additionally, U.S. Networks includes websites associated with the aforementioned television brands and other internet and digital businesses serving home, food and travel lifestyle-related categories. U.S. Networks also includes our digital content studio, Scripps Lifestyle Studios. We own 100.0 percent of each of our networks, with the exception of Food Network and Cooking Channel, of which we own 68.7 percent. Each of our networks is distributed by cable and satellite operators, telecommunication suppliers and other digital providers, such as those providing streaming, OTT or on-demand services. U.S. Networks generates revenues primarily from advertising sales and distribution fees.

International Networks includes the TVN portfolio of networks as well as HGTV Poland and other lifestyle-oriented networks available in the UK, EMEA, APAC and Latin America. International Networks also includes our 50.0 percent share of the results of UKTV, a general entertainment and lifestyle channel platform in the UK.

Corporate and Other includes the results of businesses not separately identified as reportable segments for external financial reporting purposes and will continue to be disclosed separately from the results of U.S. Networks and International Networks. The Company generally does not allocate employee-related corporate overhead costs to its reportable segments, but rather classifies these expenses within Corporate and Other.

Intersegment revenue eliminations are included in Corporate and Other and totaled $27.1 million, $27.0 million and $26.3 million for the year ended December 31, 2017, December 31, 2016 and December 31, 2015, respectively.

Our CODM, whom we have identified as our CEO, evaluates the operating performance of our businesses and makes decisions about the allocation of resources to the businesses using a measure we refer to as segment profit (loss). Segment profit (loss) is defined as income (loss) from operations before income taxes excluding depreciation, amortization, goodwill write-down, interest expense, net, equity in earnings of affiliates, gain (loss) on derivatives, gain (loss) on sale of investments and other miscellaneous non-operating expenses, which are included in net income (loss) determined in accordance with GAAP.

Information regarding our segments is as follows:

	Year ended December 31, 2017
(in thousands)	U.S. Networks			International Networks			Corporate and Other			Consolidated
Operating revenues:
Advertising	$	2,069,422		$	435,835		$	—		$	2,505,257
Distribution		840,175			115,229			—			955,404
Other		57,445			70,756			(27,055	)		101,146
Total operating revenues		2,967,042			621,820			(27,055	)		3,561,807
Cost of services, excluding depreciation and amortization		918,439			362,573			(27,018	)		1,253,994
Selling, general and administrative		620,274			134,240			126,516			881,030
Segment profit (loss)		1,428,329			125,007			(126,553	)		1,426,783
Depreciation		43,288			12,546			2,515			58,349
Amortization		40,691			52,825			—			93,516
Goodwill write-down		—			505			—			505
Operating income (loss)		1,344,350			59,131			(129,068	)		1,274,413
Interest (expense) income, net		(491	)		616			(93,284	)		(93,159	)
Equity in earnings of affiliates		20,292			39,466			—			59,758
Loss on derivatives		—			—			(11,302	)		(11,302	)
Loss on sale of investments		—			(526	)		(500	)		(1,026	)
Miscellaneous, net		11,777			28,935			41,814			82,526
Income (loss) from operations before income taxes	$	1,375,928		$	127,622		$	(192,340	)	$	1,311,210

Additions to property and equipment:	$	44,203		$	37,590		$	5,844		$	87,637

	Year ended December 31, 2016
(in thousands)	U.S. Networks			International Networks			Corporate and Other			Consolidated
Operating revenues:
Advertising	$	2,029,095		$	387,308		$	—		$	2,416,403
Distribution		785,849			108,529			(11	)		894,367
Other		56,480			61,215			(27,030	)		90,665
Total operating revenues		2,871,424			557,052			(27,041	)		3,401,435
Cost of services, excluding depreciation and amortization		887,554			324,429			(18,755	)		1,193,228
Selling, general and administrative		570,420			132,226			104,087			806,733
Segment profit (loss)		1,413,450			100,397			(112,373	)		1,401,474
Depreciation		59,298			12,205			56			71,559
Amortization		40,220			83,222			—			123,442
Goodwill write-down		—			57,878			—			57,878
Operating income (loss)		1,313,932			(52,908	)		(112,429	)		1,148,595
Interest expense, net		(232	)		(25,042	)		(104,167	)		(129,441	)
Equity in earnings of affiliates		23,943			47,439			—			71,382
Gain on derivatives		—			—			17,868			17,868
Gain (loss) on sale of investments		208,197			—			(16,373	)		191,824
Miscellaneous, net		13,259			98,740			(134,449	)		(22,450	)
Income (loss) from operations before income taxes	$	1,559,099		$	68,229		$	(349,550	)	$	1,277,778

Additions to property and equipment:	$	45,865		$	22,983		$	7,017		$	75,865

	Year ended December 31, 2015
(in thousands)	U.S. Networks			International Networks			Corporate and Other			Consolidated
Operating revenues:
Advertising	$	1,851,574		$	210,956		$	—		$	2,062,530
Distribution		800,134			74,850			—			874,984
Other		64,955			42,085			(26,327	)		80,713
Total operating revenues		2,716,663			327,891			(26,327	)		3,018,227
Cost of services, excluding depreciation and amortization		794,387			206,321			(13,351	)		987,357
Selling, general and administrative		585,087			90,677			109,415			785,179
Segment profit (loss)		1,337,189			30,893			(122,391	)		1,245,691
Depreciation		59,428			10,760			2,924			73,112
Amortization		40,166			28,481			—			68,647
Operating income (loss)		1,237,595			(8,348	)		(125,315	)		1,103,932
Interest expense, net		(2,635	)		(23,953	)		(81,459	)		(108,047	)
Equity in earnings of affiliates		43,851			37,065			—			80,916
(Loss) gain on derivatives		—			(3,845	)		54,101			50,256
Miscellaneous, net		22,919			17,242			(45,354	)		(5,193	)
Income from operations before income taxes	$	1,301,730		$	18,161		$	(198,027	)	$	1,121,864

Additions to property and equipment:	$	40,120		$	10,424		$	1,936		$	52,480

No single customer provides more than 10.0 percent of our revenue.

	Year ended December 31,
(in thousands)	2017		2016		2015
Operating revenues by geographic location:
United States	$	2,989,325	$	2,884,474	$	2,726,124
Poland		495,216		443,388		224,720
Other International		77,266		73,573		67,383
Total operating revenues	$	3,561,807	$	3,401,435	$	3,018,227

			December 31,
(in thousands)	2017		2016		2015
Long-lived assets by geographic location:
United States	$	1,773,616	$	1,809,919	$	1,903,918
Poland		2,504,337		2,172,743		2,406,842
Other International		390,348		384,242		541,719
Total long-lived assets	$	4,668,301	$	4,366,904	$	4,852,479

			December 31,
(in thousands)	2017		2016		2015
Assets by segment:
U.S. Networks	$	2,793,927	$	2,800,137	$	2,937,428
International Networks		3,413,152		2,991,607		3,276,989
Corporate and Other		314,601		408,550		457,897
Total assets	$	6,521,680	$	6,200,294	$	6,672,314

Other additions to long-lived assets include investments, capitalized intangible assets and capitalized programs.

Assets held by our businesses outside of the United States totaled $3,379.9 million, $2,955.8 million and $3,238.2 million as of December 31, 2017, December 31, 2016 and December 31, 2015, respectively.