Segment Information (Tables)

3 Months Ended

Mar. 31, 2018

Segment Information

Reconciliation of Net Income to EBITDA and Adjusted EBITA

	Three Months Ended
	March 31,
	2018		2017
		(In thousands)
Net loss attributable to controlling interests and available to common shareholders	$	(2,768)	$	(901)
Adjustments:
Interest expense, net		9,174		6,557
Amortization of deferred financing costs and note discount		3,308		2,976
Income tax benefit		(31)		(2,952)
Depreciation and accretion expense		31,042		29,121
Amortization of intangible assets		13,771		15,180
EBITDA	$	54,496	$	49,981
Add back:
Loss on disposal and impairment of assets		5,420		3,194
Other expense (income) (1)		2,160		(1,580)
Noncontrolling interests (2)		1		(4)
Share-based compensation expense		2,445		2,197
Acquisition and divestiture-related expenses (3)		1,720		8,456
Redomicile-related expenses (4)		—		760
Restructuring expenses (5)		2,413		8,243
Adjusted EBITDA	$	68,655	$	71,247
Less:
Depreciation and accretion expense (6)		31,041		29,118
Adjusted EBITA	$	37,614	$	42,129

⁽¹⁾ Includes foreign currency translation gains/losses, the revaluation of the estimated acquisition-related contingent consideration payable, and other non-operating costs.

⁽²⁾ Noncontrolling interests 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. Expenses include employee severance costs and lease termination costs related to DCPayments in the three months ended March 31, 2018.

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

⁽⁵⁾ Employee severance and other costs incurred in conjunction with a corporate reorganization and cost reduction initiative.  

⁽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, 2018
	North America		Europe & Africa		Australia & New Zealand		Corporate		Eliminations		Total
	(In thousands)
Revenue from external customers	$	207,532	$	97,956	$	30,696	$	—	$	—	$	336,184
Intersegment revenues		2,228		489		—		—		(2,717)		—
Cost of revenues		145,386		61,534		22,941		84		(1,693)		228,252
Selling, general, and administrative expenses		16,628		9,242		2,537		13,333		—		41,740
Restructuring expenses		1,057		681		—		675		—		2,413
Acquisition and divestiture-related expenses		—		1,349		203		168		—		1,720
Loss (gain) on disposal and impairment of assets		2,022		3,410		(12)		—		—		5,420
Adjusted EBITDA		47,739		27,668		5,218		(10,971)		(999)		68,655
Depreciation and accretion expense		16,543		13,236		1,263		—		—		31,042
Adjusted EBITA		31,204		14,432		3,956		(10,983)		(995)		37,614
Capital expenditures (1)	$	5,533	$	9,400	$	1,866	$	3,940	$	—	$	20,739

	Three Months Ended
	March 31, 2017
	North America		Europe & Africa		Australia & New Zealand		Corporate		Eliminations		Total
	(In thousands)
Revenue from external customers	$	239,066	$	86,928	$	31,578	$	—	$	—	$	357,572
Intersegment revenues		1,991		319		—		—		(2,310)		—
Cost of revenues		165,852		58,638		23,380		(33)		(1,275)		246,562
Selling, general, and administrative expenses		18,252		9,633		1,850		12,214		—		41,949
Redomicile-related expenses		—		22		—		738		—		760
Restructuring expenses		3,727		787		—		3,729		—		8,243
Acquisition and divestiture-related expenses		1,512		517		1,020		5,407		—		8,456
Loss (gain) on disposal and impairment of assets		3,171		15		(40)		48		—		3,194
Adjusted EBITDA		56,954		18,976		6,349		(9,987)		(1,045)		71,247
Depreciation and accretion expense		17,155		9,834		2,132		—		—		29,121
Adjusted EBITA		39,802		9,141		4,218		(9,987)		(1,045)		42,129
Capital expenditures (1)	$	25,535	$	10,715	$	2,166	$	145	$	—	$	38,561

⁽¹⁾ 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, 2018		December 31, 2017
	(In thousands)
North America	$	1,208,694	$	1,175,154
Europe & Africa		591,678		579,879
Australia & New Zealand		70,261		75,095
Corporate		23,875		32,588
Total	$	1,894,508	$	1,862,716