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Segment Information
12 Months Ended
Dec. 31, 2014
Segment Reporting [Abstract]  
Segment Information
Segment Information
We periodically evaluate our application of accounting guidance for reportable segments and disclose information about reportable segments based on the way management organizes the enterprise for making operating decisions and assessing performance. We report our business under two segments: Domestic and International. Our Domestic segment includes all functions in the United States relating to our role as a healthcare logistics company providing distribution, packaging and logistics services to healthcare providers and manufacturers. The International segment consists of our European third-party logistics and packaging businesses.
We evaluate the performance of our segments based on their operating earnings excluding acquisition-related and exit and realignment charges, certain purchase price fair value adjustments, and other substantive items that, either as a result of their nature or size, would not be expected to occur as part of the our normal business operations on a a regular basis.
The following tables present financial information by segment:
Year ended December 31,
2014
 
2013
 
2012
Net revenue:
 
 
 
 
 
Domestic
$
8,951,852

 
$
8,688,018

 
$
8,731,484

International
488,330

 
383,514

 
136,840

Consolidated net revenue
$
9,440,182

 
$
9,071,532

 
$
8,868,324

Operating earnings (loss):
 
 
 
 
 
Domestic
$
209,277

 
$
211,932

 
$
212,335

International
(6,739
)
 
(1,405
)
 
(5,418
)
Acquisition-related and exit and realignment charges
(42,801
)
 
(12,444
)
 
(10,164
)
Fair value adjustments related to purchase accounting
3,706

 

 

Other (1)
(3,907
)
 

 

Consolidated operating earnings
$
159,536

 
$
198,083

 
$
196,753

Depreciation and amortization:
 
 
 
 
 
Domestic
$
37,193

 
$
35,808

 
$
35,016

International
20,230

 
14,778

 
4,588

Consolidated depreciation and amortization
$
57,423

 
$
50,586

 
$
39,604

Capital expenditures:
 
 
 
 
 
Domestic
$
52,529

 
$
42,802

 
$
34,450

International
18,279

 
17,327

 
4,513

Consolidated capital expenditures
$
70,808

 
$
60,129

 
$
38,963


(1) Estimated settlement amount of a breach of contract claim. See Note 18 for further discussion.
December 31,
2014
 
2013
 
Total assets:
 
 
 
 
Domestic
$
2,139,972

 
$
1,747,572

 
International
538,662

 
474,565

 
Segment assets
2,678,634

 
2,222,137

 
Cash and cash equivalents
56,772

 
101,905

 
Consolidated total assets
$
2,735,406

 
$
2,324,042

 

The following tables present information by geographic area. Net revenues were attributed to geographic areas based on the locations from which we ship products or provide services. International operations consist primarily of Movianto’s operations in the United Kingdom, Germany, France, and other European countries.
Year ended December 31,
2014
 
2013
 
2012
Net revenue:
 
 
 
 
 
United States
$
8,951,852

 
$
8,688,018

 
$
8,731,484

United Kingdom
253,527

 
211,296

 
86,332

France
54,656

 
52,725

 
14,338

Germany
47,682

 
42,807

 
13,670

Other European countries
132,465

 
76,686

 
22,500

Consolidated net revenue
$
9,440,182

 
$
9,071,532

 
$
8,868,324

 
December 31,
2014
 
2013
 
Long-lived assets:
 
 
 
 
United States
$
260,694

 
$
170,010

 
Germany
55,437

 
60,068

 
United Kingdom
42,179

 
42,619

 
Ireland
29,018

 

 
France
6,395

 
7,090

 
Other European countries
23,091

 
27,025

 
Consolidated long-lived assets
$
416,814

 
$
306,812