Business Segment Information (Tables)

6 Months Ended

Jun. 30, 2018

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 June 30, 2018:
Revenues from unaffiliated customers	$	567,271	80,268	38,697	674,101	172,696	315,950	108,576	—		1,957,559
Transfers between geographic areas	30,805		3,976	3,921	6,126	6,832	14,825	5,429	(71,914	)	—
Total revenues	$	598,076	84,244	42,618	680,227	179,528	330,775	114,005	(71,914	)	1,957,559
Net revenues1	$	271,880	34,749	15,923	140,583	44,886	102,371	33,125	(971	)	642,546
Operating income	$	63,628	10,077	2,701	70,359	13,374	16,958	6,490	(3	)	183,584
Identifiable assets at period end	$	1,488,060	153,827	54,186	540,954	157,479	526,607	217,716	(5,997	)	3,132,832
Capital expenditures	$	6,032	2,191	167	559	695	1,225	1,244	—		12,113
Depreciation and amortization	$	8,447	473	395	1,303	542	1,955	461	—		13,576
Equity	$	1,196,226	56,702	26,625	250,513	112,259	157,493	127,032	(34,291	)	1,892,559
Three months ended June 30, 2017:
Revenues from unaffiliated customers	$	452,217	62,554	23,463	620,050	157,698	259,533	96,764	—		1,672,279
Transfers between geographic areas	28,155		2,825	3,759	4,835	5,408	9,664	5,034	(59,680	)	—
Total revenues	$	480,372	65,379	27,222	624,885	163,106	269,197	101,798	(59,680	)	1,672,279
Net revenues1	$	250,027	28,173	14,008	120,959	38,228	80,896	30,286	1,056		563,633
Operating income	$	64,265	12,317	2,246	58,093	12,513	13,419	5,390	(3	)	168,240
Identifiable assets at period end	$	1,487,582	129,830	48,064	576,655	129,002	437,628	207,191	6,804		3,022,756
Capital expenditures	$	6,852	569	957	663	409	10,501	429	—		20,380
Depreciation and amortization	$	7,731	386	300	1,362	556	1,227	480	—		12,042
Equity	$	1,147,962	61,957	24,320	402,211	117,077	135,726	124,628	(35,244	)	1,978,637

(in thousands)	UNITED STATES		OTHER NORTH AMERICA	LATIN AMERICA	NORTH ASIA	SOUTH ASIA	EUROPE	MIDDLE EAST, AFRICA AND INDIA	ELIMI- NATIONS		CONSOLI- DATED
Six months ended June 30, 2018:
Revenues from unaffiliated customers	$	1,102,140	156,793	71,419	1,304,673	341,296	621,742	213,758	—		3,811,821
Transfers between geographic areas	59,686		7,538	7,308	12,143	13,382	29,013	10,784	(139,854	)	—
Total revenues	$	1,161,826	164,331	78,727	1,316,816	354,678	650,755	224,542	(139,854	)	3,811,821
Net revenues1	$	549,065	65,196	30,668	277,791	89,292	201,006	66,326	(960	)	1,278,384
Operating income	$	133,276	19,095	5,071	140,282	28,506	36,236	13,928	8		376,402
Identifiable assets at period end	$	1,488,060	153,827	54,186	540,954	157,479	526,607	217,716	(5,997	)	3,132,832
Capital expenditures	$	9,203	3,719	672	1,343	1,024	8,416	1,532	—		25,909
Depreciation and amortization	$	17,212	871	763	2,679	1,125	3,931	917	—		27,498
Equity	$	1,196,226	56,702	26,625	250,513	112,259	157,493	127,032	(34,291	)	1,892,559
Six months ended June 30, 2017:
Revenues from unaffiliated customers	$	878,236	122,453	45,566	1,186,478	304,938	490,990	188,750	—		3,217,411
Transfers between geographic areas	52,468		5,464	7,394	9,886	10,839	18,986	9,998	(115,035	)	—
Total revenues	$	930,704	127,917	52,960	1,196,364	315,777	509,976	198,748	(115,035	)	3,217,411
Net revenues1	$	480,812	53,966	28,924	232,792	76,223	156,854	60,017	1,650		1,091,238
Operating income	$	116,611	17,368	5,697	111,445	25,737	25,065	12,433	(2	)	314,354
Identifiable assets at period end	$	1,487,582	129,830	48,064	576,655	129,002	437,628	207,191	6,804		3,022,756
Capital expenditures	$	12,094	803	1,212	1,903	782	15,579	768	—		33,141
Depreciation and amortization	$	15,484	758	620	2,682	1,087	2,398	940	—		23,969
Equity	$	1,147,962	61,957	24,320	402,211	117,077	135,726	124,628	(35,244	)	1,978,637

Schedule of Net Revenues Calculation

The following table presents the calculation of consolidated net revenues:

	Three months ended				Six months ended
	June 30,				June 30,
	2018		2017		2018		2017
Total revenues	$	1,957,559	$	1,672,279	$	3,811,821	$	3,217,411
Expenses:
Airfreight services	593,325		499,418		1,106,829		942,822
Ocean freight and ocean services	385,156		385,927		764,574		751,990
Customs brokerage and other services	336,532		223,301		662,034		431,361
Net revenues	$	642,546	$	563,633	$	1,278,384	$	1,091,238