Note 22 - Segmented Information

12 Months Ended

Dec. 31, 2017

Segment Reporting Disclosure [Text Block]

22.	Segmented information

Operating segments

Colliers has identified

three

reportable operating segments, which are grouped geographically and based on the manner in which the segments are managed by the chief operating decision maker, which is identified as both the CEO and COO of the Company. Management assesses each segment’s performance based on operating earnings or operating earnings before depreciation and amortization. Corporate includes the costs of global administrative functions and corporate head office.

Included in segment total assets at

December 31, 2017

are investments in subsidiaries accounted for under the equity method or cost method: Americas

$3,171

(

2016

$4,753

); EMEA

$2,578

(

2016

$2,610

) and Asia Pacific

(

2016

). The reportable segment information excludes intersegment transactions.

2017		Americas		EMEA		Asia Pacific		Corporate			Consolidated

Revenues	$	1,310,551	$	521,284	$	441,544	$	1,983		$	2,275,362
Depreciation and amortization		28,799		16,624		5,914		1,655			52,992
Operating earnings (loss)		86,741		47,920		55,698		(23,532	)		166,827
Other income, net											500
Interest expense, net											(11,895	)
Income tax expense											(63,300	)

Net earnings										$	92,132

Total assets	$	694,138	$	530,728	$	221,222	$	(4,163	)	$	1,441,925
Total additions to long-lived assets		138,914		28,773		9,876		5,092			182,655

2016		Americas		EMEA		Asia Pacific		Corporate			Consolidated

Revenues	$	1,021,317	$	474,868	$	399,368	$	1,171		$	1,896,724
Depreciation and amortization		21,612		15,121		5,479		2,712			44,924
Operating earnings (loss)		85,255		34,275		45,614		(18,971	)		146,173
Other income, net											2,417
Interest expense, net											(9,190	)
Income tax expense											(47,829	)

Net earnings										$	91,571

Total assets	$	555,758	$	443,014	$	181,385	$	10,114		$	1,190,271
Total additions to long-lived assets		50,948		67,325		4,654		1,141			124,068

Geographic information

Revenues in each geographic region are reported by customer locations.

		2017		2016

United States
Revenues	$	984,740	$	734,488
Total long-lived assets		281,588		178,908

Canada
Revenues	$	288,537	$	253,529
Total long-lived assets		61,158		52,547

Euro currency countries
Revenues	$	261,821	$	261,626
Total long-lived assets		191,934		174,932

Australia
Revenues	$	245,385	$	219,406
Total long-lived assets		50,843		43,808

United Kingdom
Revenues	$	166,685	$	137,216
Total long-lived assets		75,745		69,565

Other
Revenues	$	328,194	$	290,459
Total long-lived assets		60,797		33,077

Consolidated
Revenues	$	2,275,362	$	1,896,724
Total long-lived assets		722,065		552,837