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Business Segment Information | 6 Months Ended
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Jun. 30, 2013
Business Segment Information | 8. Business Segment Information The Company determines and presents operating segments based on the information that is internally provided to the Chief Executive Officer and Chief Financial Officer, who together are considered the Company’s chief operating decision maker, in accordance with FASB ASC 280-10 Disclosures about Segments of an Enterprise and Related Information. The Company is a contract research organization (“CRO”), providing outsourced development services on a global basis to the pharmaceutical, biotechnology and medical device industries. It specializes in the strategic development, management and analysis of programs that support all stages of the clinical development process - from compound selection to Phase I-IV clinical studies. The Company earns revenues by providing a number of different services to its customers. These services, which are integral elements of the clinical development process, include clinical trials management, biometric activities, consulting, imaging, contract staffing, informatics and laboratory services. The Company has the expertise and capability to conduct clinical trials in most major therapeutic areas on a global basis and has the operational flexibility to provide development services on a stand-alone basis or as part of an integrated “full service” solution. The Company has expanded predominately through organic growth, together with a number of strategic acquisitions to enhance its expertise and capabilities in certain areas of the clinical development process. Historically, the Group organized, operated and assessed its business in two segments, the clinical research segment and the central laboratory segment. In 2013 the Group have consolidated and reclassified the results of the former central laboratory segment into the clinical research segment as the central laboratory segment does not reach the thresholds of net revenue, income from operations and total assets as a requirement for being reported as a separate segment. Management have determined that its clinical research and central laboratory businesses operate in the same clinical research market, have a similar customer profile, are subject to the same regulatory environment, support the development of new clinical therapies and are so economically similar, reporting their results on an aggregated basis would be more useful to users of the Company’s financial statements. The Company's areas of operation outside of Ireland include the United States, United Kingdom, France, Germany, Italy, Spain, The Netherlands, Sweden, Belgium, Poland, Czech Republic, Lithuania, Latvia, Russia, Ukraine, Hungary, Israel, Romania, Canada, Mexico, Brazil, Colombia, Argentina, Chile, Peru, India, China, South Korea, Japan, Thailand, Taiwan, Singapore, The Philippines, Australia, New Zealand, and South Africa. Segment information as at June 30, 2013 and December 31, 2012 and for the three and six months ended June 30, 2013 and June 30, 2012 is as follows: a) The distribution of net revenue by geographical area was as follows:
|  | Three Months Ended |  |  | Six Months Ended |
|  | June 30, |  |  | June 30, |  |  | June 30, |  |  | June 30, |
|  | 2013 |  |  | 2012 |  |  | 2013 |  |  | 2012 |
|  | (in thousands) |  |  | (in thousands) |
Ireland |  | $ | 69,337 |  |  | $ | 40,767 |  |  | $ | 130,331 |  |  | $ | 69,762 |
Rest of Europe |  |  | 84,822 |  |  |  | 87,230 |  |  |  | 169,858 |  |  |  | 173,274 |
U.S. |  |  | 139,458 |  |  |  | 114,237 |  |  |  | 274,933 |  |  |  | 221,984 |
Rest of World |  |  | 40,602 |  |  |  | 34,773 |  |  |  | 75,886 |  |  |  | 64,320 |
Total |  | $ | 334,219 |  |  | $ | 277,007 |  |  | $ | 651,008 |  |  | $ | 529,340 |
* All sales shown for Ireland are export sales. b) The distribution of income from operations, including restructuring and other items, by geographical area was as follows:
|  | Three Months Ended |  |  | Six Months Ended |
|  | June 30, |  |  | June 30, |  |  | June 30, |  |  | June 30, |
|  | 2013 |  |  | 2012 |  |  | 2013 |  |  | 2012 |
|  | (in thousands) |  |  | (in thousands) |
Ireland |  | $ | 12,827 |  |  | $ | (305 | ) |  | $ | 24,843 |  |  | $ | (6,601 | )
Rest of Europe |  |  | 3,531 |  |  |  | 6,701 |  |  |  | 7,317 |  |  |  | 16,422 |
U.S. |  |  | 7,740 |  |  |  | 1,712 |  |  |  | 13,277 |  |  |  | 8,269 |
Rest of World |  |  | 2,201 |  |  |  | 2,896 |  |  |  | 3,858 |  |  |  | 4,646 |
Total |  | $ | 26,299 |  |  | $ | 11,004 |  |  | $ | 49,295 |  |  | $ | 22,736 |
c) The distribution of income from operations, excluding restructuring and other items, by geographical area was as follows:
|  | Three Months Ended |  |  | Six Months Ended |
|  | June 30, |  |  | June 30, |  |  | June 30, |  |  | June 30, |
|  | 2013 |  |  | 2012 |  |  | 2013 |  |  | 2012 |
|  | (in thousands) |  |  | (in thousands) |
Ireland |  | $ | 13,556 |  |  | $ | 1,770 |  |  | $ | 25,897 |  |  | $ | (4,526 | )
Rest of Europe |  |  | 5,198 |  |  |  | 7,247 |  |  |  | 10,755 |  |  |  | 16,968 |
U.S. |  |  | 9,579 |  |  |  | 4,362 |  |  |  | 17,369 |  |  |  | 10,919 |
Rest of World |  |  | 2,587 |  |  |  | 3,261 |  |  |  | 4,307 |  |  |  | 5,011 |
Total |  | $ | 30,920 |  |  | $ | 16,640 |  |  | $ | 58,328 |  |  | $ | 28,372 |
d) The distribution of property, plant and equipment, net, by geographical area was as follows:
|  | June 30, |  |  | December 31, |
|  | 2013 |  |  | 2012 |
|  | (in thousands) |
Ireland |  | $ | 104,645 |  |  | $ | 110,369 |
Rest of Europe |  |  | 15,032 |  |  |  | 16,115 |
U.S. |  |  | 34,441 |  |  |  | 32,400 |
Rest of World |  |  | 8,162 |  |  |  | 9,489 |
Total |  | $ | 162,280 |  |  | $ | 168,373 |
e) The distribution of depreciation and amortization by geographical area was as follows:
|  | Three Months Ended |  |  | Six Months Ended |
|  | June 30, |  |  | June 30, |  |  | June 30, |  |  | June 30, |
|  | 2013 |  |  | 2012 |  |  | 2013 |  |  | 2012 |
|  | (in thousands) |  |  | (in thousands) |
Ireland |  | $ | 4,836 |  |  | $ | 4,506 |  |  | $ | 9,825 |  |  | $ | 9,001 |
Rest of Europe |  |  | 1,688 |  |  |  | 1,759 |  |  |  | 3,422 |  |  |  | 3,739 |
U.S. |  |  | 3,987 |  |  |  | 3,535 |  |  |  | 7,705 |  |  |  | 6,937 |
Rest of World |  |  | 1,009 |  |  |  | 1,030 |  |  |  | 2,024 |  |  |  | 1,955 |
Total |  | $ | 11,520 |  |  | $ | 10,830 |  |  | $ | 22,976 |  |  | $ | 21,632 |
f) The distribution of total assets by geographical area was as follows:
|  | June 30, |  |  | December 31, |
|  | 2013 |  |  | 2012 |
|  | (in thousands) |
Ireland |  | $ | 508,504 |  |  | $ | 476,159 |
Rest of Europe |  |  | 237,348 |  |  |  | 236,305 |
U.S. |  |  | 496,922 |  |  |  | 437,756 |
Rest of World |  |  | 50,348 |  |  |  | 51,888 |
Total |  | $ | 1,293,122 |  |  | $ | 1,202,108 |

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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 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8380-108599 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 32 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8933-108599 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 10 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8538-108599 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 26 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8844-108599 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 29 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8864-108599 Reference 6: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 34 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8981-108599 Reference 7: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 35 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8984-108599 Reference 8: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 41 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e9038-108599 Reference 9: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8906-108599 Reference 10: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 42 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e9054-108599 Reference 11: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 31 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8924-108599 Reference 12: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 40 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e9031-108599 Reference 13: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 33 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8971-108599 Reference 14: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 12 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8595-108599 + Details
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