Segment Information (Tables)

3 Months Ended

Mar. 31, 2017

Segment Information

Reconciliation of Net Income to EBITDA and Adjusted EBITA

	Three Months Ended
	March 31,
	2017		2016
	(In thousands)
Net (loss) income attributable to controlling interests and available to common shareholders	$	(901)	$	15,384
Adjustments:
Interest expense, net		6,557		4,492
Amortization of deferred financing costs and note discount		2,976		2,782
Income tax (benefit) expense		(2,952)		7,955
Depreciation and accretion expense		29,121		22,677
Amortization of intangible assets		15,180		9,263
EBITDA	$	49,981	$	62,553
Add back:
Loss on disposal and impairment of assets		3,194		382
Other income (1)		(1,580)		(555)
Noncontrolling interests (2)		(4)		(18)
Share-based compensation expense		2,197		3,168
Acquisition and divestiture-related expenses (3)		8,456		1,584
Redomicile-related expenses (4)		760		6,036
Restructuring expenses (5)		8,243		—
Adjusted EBITDA	$	71,247	$	73,150
Less:
Depreciation and accretion expense (6)		29,118		22,669
Adjusted EBITA	$	42,129	$	50,481

⁽¹⁾ Includes foreign currency translation gains or losses and other non-operating costs.

⁽²⁾ Noncontrolling interest adjustment made such that Adjusted EBITDA includes only the Company’s ownership interest in the Adjusted EBITDA of one of its Mexican subsidiaries.

⁽³⁾ Acquisition and divestiture-related expenses include costs incurred for professional and legal fees and certain other transition and integration-related costs.

⁽⁴⁾ Expenses associated with the Company’s redomicile of its parent company to the U.K., which was completed on July 1, 2016.

⁽⁵⁾ Expenses primarily related to employee severance costs associated with the Company’s Restructuring Plan.

⁽⁶⁾ Amounts exclude a portion of the expenses incurred by one of the Company’s Mexican subsidiaries to account for the amounts allocable to the noncontrolling interest shareholders.

Financial Information For Each Of The Company's Reporting Segments

	Three Months Ended March 31, 2017
	North America		Europe & Africa (1)		DCPayments		Corporate & Other		Eliminations		Total
	(In thousands)
Revenue from external customers	$	208,018	$	80,914	$	62,631	$	6,009	$	—	$	357,572
Intersegment revenues		35		319		—		4,352		(4,706)		—
Cost of revenues		144,562		54,233		44,101		8,372		(4,706)		246,562
Selling, general, and administrative expenses		13,298		8,493		6,910		13,248		—		41,949
Redomicile-related expenses		—		23		—		737		—		760
Restructuring expenses		3,048		788		660		3,747		—		8,243
Acquisition and divestiture-related expenses		1,577		517		1,166		5,196		—		8,456
Loss (gain) on disposal and impairment of assets		3,371		15		(247)		55		—		3,194
Adjusted EBITDA		50,190		18,506		11,619		(9,068)		—		71,247
Depreciation and accretion expense		13,768		9,238		4,231		1,884		—		29,121
Adjusted EBITA		36,425		9,268		7,388		(10,952)		—		42,129
Capital expenditures (2)	$	25,360	$	10,447	$	2,609	$	145	$	—	$	38,561

	Three Months Ended March 31, 2016
	North America		Europe & Africa (1)		Corporate & Other		Eliminations		Total
	(In thousands)
Revenue from external customers	$	210,092	$	87,647	$	5,508	$	—	$	303,247
Intersegment revenues		—		333		5,630		(5,963)		—
Cost of revenues		136,138		57,865		7,833		(5,963)		195,873
Selling, general, and administrative expenses		15,207		9,144		13,048		—		37,399
Redomicile-related expenses		—		12		6,024		—		6,036
Acquisition and divestiture-related expenses		523		566		495		—		1,584
Loss on disposal and impairment of assets		344		38		—		—		382
Adjusted EBITDA		58,756		20,976		(6,582)		—		73,150
Depreciation and accretion expense		11,996		9,096		1,585		—		22,677
Adjusted EBITA		46,758		11,880		(8,157)		—		50,481
Capital expenditures (2)	$	7,461	$	8,685	$	305	$	—	$	16,451

⁽¹⁾ The Europe & Africa segment includes ATM operations in South Africa, which were acquired on January 31, 2017 with the Spark acquisition.

⁽²⁾ Capital expenditure amounts include payments made for exclusive license agreements, site acquisition costs, and other intangible assets. Additionally, capital expenditure amounts for one of the Company’s Mexican subsidiaries, included in the North America segment, are reflected gross of any noncontrolling interest amounts.

Identifiable Assets

	March 31, 2017		December 31, 2016
	(In thousands)
North America	$	898,895	$	914,124
Europe & Africa		417,738		355,058
DCPayments		589,107		—
Corporate & Other		77,128		95,514
Total	$	1,982,868	$	1,364,696