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Note 29 - Segmented Information
 12 Months Ended
Dec. 31, 2020
Notes to Financial Statements  
Segment Reporting Disclosure [Text Block]
29.
Segmented information
 
Operating segments
Colliers has identified
four
reportable operating segments. Three segments are grouped geographically into Americas, Asia Pacific and EMEA. The Investment Management segment operates in the Americas and EMEA. The groupings are based on the manner in which the segments are managed. 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 the corporate head office.
 
Included in segment total assets at
December 31, 2020
are investments in non-consolidated subsidiaries accounted for under the equity method: Americas
$3,147
(
2019
-
$3,278
), EMEA
$1,550
(
2019
-
$1,427
) and Investment Management
$7,518
(
2019
-
$2,161
). The reportable segment information excludes intersegment transactions.
 
2020                    
Asia
      
Investment
                  
     
Americas
      
EMEA
      
Pacific
      
Mgmt
      
Corporate
      
Consolidated
  
                                                 
Revenues   $
1,626,372
     $
516,507
     $
470,632
     $
172,594
     $
752
     $
2,786,857
  
Depreciation and amortization    
56,667
      
22,391
      
14,616
      
27,464
      
4,768
      
125,906
  
Operating earnings (loss)    
121,371
      
8,336
      
45,221
      
40,738
      
(51,088
 )    
164,578
  
Equity earnings    
1,469
      
75
      
-
      
1,181
      
193
      
2,919
  
Other income, net    
 
      
 
      
 
      
 
      
 
      
(13
 )
Interest expense, net    
 
      
 
      
 
      
 
      
 
      
(30,949
 )
Income tax expense    
 
      
 
      
 
      
 
      
 
      
(42,046
 )
                                                 
Net earnings    
 
      
 
      
 
      
 
      
 
     $
94,489
  
                                                 
Total assets   $
1,640,046
     $
648,557
     $
384,001
     $
694,270
     $
(74,707
 )   $
3,292,167
  
Total additions to long-lived assets    
357,187
      
8,194
      
4,593
      
3,669
      
2,255
      
375,898
  
 
2019                    
Asia
      
Investment
                  
     
Americas
      
EMEA
      
Pacific
      
Mgmt
      
Corporate
      
Consolidated
  
                                                 
Revenues   $
1,690,507
     $
636,466
     $
542,609
     $
174,588
     $
1,641
     $
3,045,811
  
Depreciation and amortization    
34,113
      
22,489
      
7,969
      
26,504
      
3,589
      
94,664
  
Operating earnings (loss)    
103,731
      
48,510
      
67,062
      
35,048
      
(36,154
 )    
218,197
  
Equity earnings    
1,361
      
35
      
-
      
669
      
-
      
2,065
  
Other income, net    
 
      
 
      
 
      
 
      
 
      
(212
 )
Interest expense, net    
 
      
 
      
 
      
 
      
 
      
(29,452
 )
Income tax expense    
 
      
 
      
 
      
 
      
 
      
(53,013
 )
                                                 
Net earnings    
 
      
 
      
 
      
 
      
 
     $
137,585
  
                                                 
Total assets   $
917,997
     $
672,691
     $
388,606
     $
953,567
     $
(40,147
 )   $
2,892,714
  
Total additions to long-lived assets    
47,132
      
12,656
      
79,904
      
1,829
      
4,961
      
146,482
  
 
Geographic information
Revenues in each geographic region are reported by customer locations.
 
GEOGRAPHIC INFORMATION
 
    Year ended December 31,
      2020       2019  
                 
United States                
Revenues   $
1,432,288
     $
1,429,650
  
Total long-lived assets    
1,378,648
      
1,057,543
  
                 
Canada                
Revenues   $
304,039
     $
356,634
  
Total long-lived assets    
82,520
      
88,589
  
                 
Euro currency countries                
Revenues   $
280,853
     $
356,171
  
Total long-lived assets    
306,472
      
293,673
  
                 
Australia                
Revenues   $
190,106
     $
235,469
  
Total long-lived assets    
84,758
      
84,969
  
                 
United Kingdom                
Revenues   $
135,572
     $
170,302
  
Total long-lived assets    
79,738
      
85,998
  
                 
Other                
Revenues   $
443,999
     $
497,585
  
Total long-lived assets    
184,533
      
186,739
  
                 
Consolidated                
Revenues   $
2,786,857
     $
3,045,811
  
Total long-lived assets    
2,116,669
      
1,797,511