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Segments | 3 Months Ended
--- | ---
Mar. 31, 2018
Segment Reporting [Abstract] |
Segments |
12. | Segments
We report our operations through the following segments: (1) Americas; (2) Europe, Middle East and Africa (EMEA); (3) Asia Pacific; (4) Global Investment Management; and (5) Development Services. Summarized financial information by segment is as follows (dollars in thousands):
|  | Three Months Ended |
|  | March 31, |
|  | 2018 |  |  | 2017 |
|  |  |  |  |  | (As Adjusted) (1) |
Revenue |  |  |  |  |  |  |  |
Americas |  | $ | 2,850,224 |  |  | $ | 2,639,206 |
EMEA |  |  | 1,181,254 |  |  |  | 904,631 |
Asia Pacific |  |  | 495,459 |  |  |  | 403,346 |
Global Investment Management |  |  | 123,690 |  |  |  | 89,566 |
Development Services |  |  | 23,325 |  |  |  | 14,217 |
Total revenue |  | $ | 4,673,952 |  |  | $ | 4,050,966 |
Adjusted EBITDA |  |  |  |  |  |  |  |
Americas |  | $ | 225,843 |  |  | $ | 225,225 |
EMEA |  |  | 36,946 |  |  |  | 35,455 |
Asia Pacific |  |  | 33,880 |  |  |  | 23,276 |
Global Investment Management |  |  | 29,692 |  |  |  | 25,859 |
Development Services |  |  | 21,446 |  |  |  | 3,362 |
Total Adjusted EBITDA |  | $ | 347,807 |  |  | $ | 313,177 |
(1) | In the first quarter of 2018, we adopted new revenue recognition guidance. Certain restatements have been made to the 2017 financial statements to conform with the 2018 presentation. See Notes 2 and 3 for more information.
Adjusted EBITDA is the measure reported to the chief operating decision maker for purposes of making decisions about allocating resources to each segment and assessing performance of each segment. EBITDA represents earnings before net interest expense, write-off of financing costs on extinguished debt, income taxes, depreciation and amortization. Amounts shown for adjusted EBITDA further remove (from EBITDA) the impact of certain cash and non-cash charges related to acquisitions and certain carried interest incentive compensation reversal to align with the timing of associated revenue. Adjusted EBITDA is calculated as follows (dollars in thousands):
|  | Three Months Ended |
|  | March 31, |
|  | 2018 |  |  | 2017 |
|  |  |  |  |  | (As Adjusted) (1) |
Net income attributable to CBRE Group, Inc. |  | $ | 150,288 |  |  | $ | 137,020 |
Add: |  |  |  |  |  |  |  |
Depreciation and amortization |  |  | 108,165 |  |  |  | 94,037 |
Interest expense |  |  | 28,858 |  |  |  | 34,010 |
Write-off of financing costs on extinguished debt |  |  | 27,982 |  |  |  | — |
Provision for income taxes |  |  | 46,164 |  |  |  | 53,819 |
Less: |  |  |  |  |  |  |  |
Interest income |  |  | 3,621 |  |  |  | 2,411 |
EBITDA |  |  | 357,836 |  |  |  | 316,475 |
Adjustments: |  |  |  |  |  |  |  |
Carried interest incentive compensation reversal to align with the timing of associated revenue |  |  | (10,029 | ) |  |  | (15,241 | )
Integration and other costs related to acquisitions |  |  | — |  |  |  | 11,943 |
Adjusted EBITDA |  | $ | 347,807 |  |  | $ | 313,177 |
Geographic Information Revenue in the table below is allocated based upon the country in which services are performed (dollars in thousands):
|  | Three Months Ended |
|  | March 31, |
|  | 2018 |  |  | 2017 |
|  |  |  |  |  | (As Adjusted) (1) |
Revenue |  |  |  |  |  |  |  |
United States |  | $ | 2,674,217 |  |  | $ | 2,472,406 |
United Kingdom |  |  | 580,516 |  |  |  | 472,155 |
All other countries |  |  | 1,419,219 |  |  |  | 1,106,405 |
Total revenue |  | $ | 4,673,952 |  |  | $ | 4,050,966 |
(1) | In the first quarter of 2018, we adopted new revenue recognition guidance. Certain restatements have been made to the 2017 financial statements to conform with the 2018 presentation. See Notes 2 and 3 for more information.

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- Definition The entire disclosure for reporting segments including data and tables. Reportable segments include those that meet any of the following quantitative thresholds a) it's reported revenue, including sales to external customers and intersegment sales or transfers is 10 percent or more of the combined revenue, internal and external, of all operating segments b) the absolute amount of its reported profit or loss is 10 percent or more of the greater, in absolute amount of 1) the combined reported profit of all operating segments that did not report a loss or 2) the combined reported loss of all operating segments that did report a loss c) its assets are 10 percent or more of the combined assets of all operating segments. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -URI http://asc.fasb.org/topic&trid=2134510 + Details
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