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Segment Information (Tables)

3 Months Ended

Mar. 31, 2021

Segment Reporting [Abstract]

Schedule of revenue information disaggregated by service lines and geographic areas

The following tables present revenue information disaggregated by product lines and geographic areas, (in thousands):

			Three Months Ended March 31, 2021
			Americas						EMEA						Asia-Pacific						Total
Colocation (1)			$	487,459					$	388,275					$	254,558					$	1,130,292
Interconnection			164,887						61,650						53,182						279,719
Managed infrastructure			38,485						32,111						22,749						93,345
Other (1)			2,038						5,046						493						7,577
Recurring revenues			692,869						487,082						330,982						1,510,933
Non-recurring revenues			33,071						31,635						20,425						85,131
Total			$	725,940					$	518,717					$	351,407					$	1,596,064

(1) Includes some leasing and hedging activities.

			Three Months Ended March 31, 2020
			Americas						EMEA						Asia-Pacific						Total
Colocation (1)			$	450,954					$	362,330					$	221,093					$	1,034,377
Interconnection			150,929						48,541						42,671						242,141
Managed infrastructure			25,529						30,137						21,824						77,490
Other (1)			5,220						2,466						—						7,686
Recurring revenues			632,632						443,474						285,588						1,361,694
Non-recurring revenues			29,273						35,435						18,140						82,848
Total			$	661,905					$	478,909					$	303,728					$	1,444,542

(1) Includes some leasing and hedging activities.

Schedule of adjusted EBITDA

We define adjusted EBITDA as income from operations excluding depreciation, amortization, accretion, stock-based compensation expense, restructuring charges, impairment charges, transaction costs and gain or loss on asset sales as presented below (in thousands):

			Three Months Ended March 31,
			2021						2020
Adjusted EBITDA:
Americas			$	344,492					$	293,613
EMEA			243,563						230,158
Asia-Pacific			185,177						160,439
Total adjusted EBITDA			773,232						684,210
Depreciation, amortization and accretion expense			(394,318)						(337,431)
Stock-based compensation expense			(78,350)						(80,566)
Transaction costs			(1,182)						(11,530)
Loss on asset sales			(1,720)						(1,199)
Income from operations			$	297,662					$	253,484

Segment disclosures

We also provide the following additional segment disclosures (in thousands):

			Three Months Ended March 31,
			2021						2020
Depreciation and amortization:
Americas			$	203,433					$	171,074
EMEA			110,779						92,374
Asia-Pacific			80,805						72,421
Total			$	395,017					$	335,869
Capital expenditures:
Americas			$	205,174					$	184,401
EMEA			235,416						122,128
Asia-Pacific			123,008						94,412
Total			$	563,598					$	400,941

Segment long-lived assets

Our long-lived assets, including property, plant and equipment, net and operating lease right-of-use assets, located in the following geographic areas as of (in thousands):

			March 31, 2021						December 31, 2020
Americas			$	6,638,661					$	6,429,861
EMEA			4,976,302						5,002,271
Asia-Pacific			3,153,698						3,070,952
Total Property, plant and equipment, net			$	14,768,661					$	14,503,084
Americas			$	337,686					$	363,515
EMEA			527,435						547,547
Asia-Pacific			540,714						563,995
Total Operating lease right-of-use assets			$	1,405,835					$	1,475,057

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