REPORTABLE SEGMENTS (Tables)

12 Months Ended

Dec. 31, 2013

REPORTABLE SEGMENTS

Reportable Segment Information

Reportable segment information for 2013, 2012, and 2011 is summarized below (in millions):

	Years Ended December 31,
	2013			2012			2011
Revenue:
Ocean transportation	$	1,229.4		$	1,189.8		$	1,076.2
Logistics	407.8			370.2			386.4
Total revenue	$	1,637.2		$	1,560.0		$	1,462.6
Operating Income:
Ocean transportation(1)	$	94.3		$	96.6		$	73.7
Logistics	6.0			0.1			4.9
Total operating income	100.3			96.7			78.6
Interest expense, net	(14.4		)	(11.7		)	(7.7		)
Income from continuing operations before income taxes	85.9			85.0			70.9
Income taxes	(32.2		)	(33.0		)	(25.1		)
Income from continuing operations	53.7			52.0			45.8
Discontinued operations	—			(6.1		)	(11.6		)
Net income	$	53.7		$	45.9		$	34.2

(1) The ocean transportation segment includes $(2.0) million, $3.2 million, and $8.6 million of equity in (loss) income from its Terminal Joint Venture investment in SSAT for 2013, 2012, and 2011, respectively.

	As of December 31,
	2013		2012		2011
As of December 31:
Identifiable Assets:
Ocean transportation(2)	$	1,168.6	$	1,097.2	$	1,083.9
Logistics	79.7		77.1		76.4
Other(3)	—		—		1,384.0
Total assets	$	1,248.3	$	1,174.3	$	2,544.3
Capital Expenditures:
Ocean transportation	$	33.8	$	37.0	$	44.2
Logistics	1.4		1.1		3.0
Total capital expenditures	$	35.2	$	38.1	$	47.2
Depreciation and Amortization from Continuing Operations:
Ocean transportation	$	66.4	$	69.1	$	68.4
Logistics	3.3		3.4		3.2
Total depreciation and amortization	$	69.7	$	72.5	$	71.6

(2) The ocean transportation segment includes $57.6 million, $59.6 million, and $56.5 million related to its investment in SSAT as of December 31, 2013, 2012, and 2011, respectively.

(3) Includes assets related to discontinued operations from A&B and CLX2 of $1.4 billion as of December 31, 2011.