Business Segment Information (Tables)

9 Months Ended

Sep. 30, 2015

Segment Reporting [Abstract]

Schedule of Segment Reporting Information, by Segment

Financial information regarding the Company’s operations by geographic area is as follows:

(in thousands)	UNITED STATES		OTHER NORTH AMERICA	LATIN AMERICA	NORTH ASIA	SOUTH ASIA	EUROPE	MIDDLE EAST, AFRICA AND INDIA	ELIMI- NATIONS		CONSOLI- DATED
Three months ended September 30, 2015:
Revenues from unaffiliated customers	$	441,097	56,818	24,681	648,096	158,011	234,334	88,295	—		1,651,332
Transfers between geographic areas	29,168		3,492	4,991	5,206	6,289	11,125	5,459	(65,730	)	—
Total revenues	$	470,265	60,310	29,672	653,302	164,300	245,459	93,754	(65,730	)	1,651,332
Net revenues1	$	232,912	32,713	17,115	135,488	45,970	77,250	28,533	—		569,981
Operating income	$	65,389	11,905	5,007	69,690	18,574	14,188	7,140	—		191,893
Identifiable assets at period end	$	1,385,157	108,644	56,987	472,189	140,206	427,053	229,670	7,112		2,827,018
Capital expenditures	$	6,196	658	222	711	291	1,223	245	—		9,546
Depreciation and amortization	$	7,439	363	268	1,336	531	1,120	418	—		11,475
Equity	$	1,144,466	64,384	35,890	250,362	103,457	148,287	126,321	(30,975	)	1,842,192
Three months ended September 30, 2014:
Revenues from unaffiliated customers	$	438,882	55,209	22,962	670,763	174,839	259,960	82,490	—		1,705,105
Transfers between geographic areas	24,847		2,867	5,194	6,116	6,814	9,783	5,171	(60,792	)	—
Total revenues	$	463,729	58,076	28,156	676,879	181,653	269,743	87,661	(60,792	)	1,705,105
Net revenues1	$	215,320	27,323	16,792	106,225	42,023	80,024	25,549	—		513,256
Operating income	$	68,972	7,779	4,890	45,153	12,073	14,921	5,343	—		159,131
Identifiable assets at period end	$	1,333,124	113,621	53,939	580,260	152,236	476,799	204,378	11,696		2,926,053
Capital expenditures	$	3,171	361	369	1,648	1,247	1,016	443	—		8,255
Depreciation and amortization	$	8,369	303	226	1,493	523	1,391	436	—		12,741
Equity	$	1,074,837	75,848	34,218	341,092	111,556	185,332	114,229	(33,182	)	1,903,930

(in thousands)	UNITED STATES		OTHER NORTH AMERICA	LATIN AMERICA	NORTH ASIA	SOUTH ASIA	EUROPE	MIDDLE EAST, AFRICA AND INDIA	ELIMI- NATIONS		CONSOLI- DATED
Nine months ended September 30, 2015:
Revenues from unaffiliated customers	$	1,334,900	170,351	73,076	1,943,441	524,254	716,373	258,016	—		5,020,411
Transfers between geographic areas	89,329		9,991	15,171	16,330	18,677	31,478	15,638	(196,614	)	—
Total revenues	$	1,424,229	180,342	88,247	1,959,771	542,931	747,851	273,654	(196,614	)	5,020,411
Net revenues1	$	681,868	93,967	51,159	377,384	135,114	229,745	82,371	—		1,651,608
Operating income	$	193,117	33,433	15,804	187,343	48,594	44,846	20,355	—		543,492
Identifiable assets at period end	$	1,385,157	108,644	56,987	472,189	140,206	427,053	229,670	7,112		2,827,018
Capital expenditures	$	20,232	2,602	1,408	1,476	1,599	3,292	1,294	—		31,903
Depreciation and amortization	$	22,171	965	784	4,114	1,609	3,542	1,239	—		34,424
Equity	$	1,144,466	64,384	35,890	250,362	103,457	148,287	126,321	(30,975	)	1,842,192
Nine months ended September 30, 2014:
Revenues from unaffiliated customers	$	1,256,075	162,136	65,594	1,863,077	468,152	744,466	236,391	—		4,795,891
Transfers between geographic areas	67,266		7,829	15,965	17,170	20,072	28,931	14,638	(171,871	)	—
Total revenues	$	1,323,341	169,965	81,559	1,880,247	488,224	773,397	251,029	(171,871	)	4,795,891
Net revenues1	$	607,508	79,017	48,797	297,117	121,261	234,313	74,543	—		1,462,556
Operating income	$	180,650	23,155	14,425	124,528	36,371	41,515	16,133	—		436,777
Identifiable assets at period end	$	1,333,124	113,621	53,939	580,260	152,236	476,799	204,378	11,696		2,926,053
Capital expenditures	$	12,646	1,047	841	5,691	2,221	3,116	1,088	—		26,650
Depreciation and amortization	$	24,100	879	665	4,471	1,739	4,376	1,310	—		37,540
Equity	$	1,074,837	75,848	34,218	341,092	111,556	185,332	114,229	(33,182	)	1,903,930

Schedule of Net Revenues Calculation

The following table presents the calculation of consolidated net revenues:

	Three months ended				Nine months ended
	September 30,				September 30,
	2015		2014		2015		2014
Total revenues	$	1,651,332	$	1,705,105	$	5,020,411	$	4,795,891
Expenses:
Airfreight services	464,161		516,969		1,484,150		1,503,064
Ocean freight and ocean services	416,075		475,460		1,294,887		1,266,551
Customs brokerage and other services	201,115		199,420		589,766		563,720
Net revenues	$	569,981	$	513,256	$	1,651,608	$	1,462,556