Segment and Geographic Information (Tables)

12 Months Ended

Dec. 31, 2015



	North America		Europe		Specialty		Eliminations			Consolidated
Year Ended December 31, 2015
Revenue:
Third Party	$	4,145,998	$	1,995,385	$	1,051,250	$	—		$	7,192,633
Intersegment	835		70		3,334		(4,239		)	—
Total segment revenue	$	4,146,833	$	1,995,455	$	1,054,584	$	(4,239	)	$	7,192,633
Segment EBITDA	$	547,405	$	200,563	$	106,561	$	—		$	854,529
Depreciation and amortization ⁽¹⁾	70,369		36,446		21,377		—			128,192
Year Ended December 31, 2014
Revenue:
Third Party	$	4,088,701	$	1,846,155	$	805,208	$	—		$	6,740,064
Intersegment	589		—		1,807		(2,396		)	—
Total segment revenue	$	4,089,290	$	1,846,155	$	807,015	$	(2,396	)	$	6,740,064
Segment EBITDA	$	543,943	$	167,155	$	79,453	$	—		$	790,551
Depreciation and amortization ⁽¹⁾	70,434		34,391		20,612		—			125,437
Year Ended December 31, 2013
Revenue:
Third Party	$	3,802,929	$	1,259,599	$	—	$	—		$	5,062,528
Intersegment	—		—		—		—			—
Total segment revenue	$	3,802,929	$	1,259,599	$	—	$	—		$	5,062,528
Segment EBITDA	$	486,831	$	141,756	$	—	$	—		$	628,587
Depreciation and amortization ⁽¹⁾	65,606		20,857		—		—			86,463

The table below provides a reconciliation from Segment EBITDA to Net Income (in thousands):



	Year Ended December 31,
	2015			2014			2013
Segment EBITDA	$	854,529		$	790,551		$	628,587
Deduct:
Restructuring and acquisition related expenses⁽¹⁾	19,511			14,806			10,173
Change in fair value of contingent consideration liabilities ⁽²⁾	454			(1,851		)	2,504
Add:
Equity in earnings of unconsolidated subsidiaries	(6,104		)	(2,105		)	—
EBITDA	828,460			775,491			615,910
Depreciation and amortization - cost of goods sold	6,072			4,718			5,494
Depreciation and amortization	122,120			120,719			80,969
Interest expense, net	57,342			63,947			50,825
Loss on debt extinguishment	—			324			2,795
Provision for income taxes	219,703			204,264			164,204
Net income	$	423,223		$	381,519		$	311,623

⁽¹⁾See Note 9, "Restructuring and Acquisition Related Expenses," for further information.

⁽²⁾See Note 6, "Fair Value Measurements," for further information on our contingent consideration liabilities.

The following table presents capital expenditures by reportable segment (in thousands):

The following table presents assets by reportable segment (in thousands):



	December 31,
	2015		2014		2013
Receivables, net
North America	$	314,743	$	322,713	$	277,395
Europe	215,710		227,987		180,699
Specialty	59,707		50,722		—
Total receivables, net	590,160		601,422		458,094
Inventory
North America	847,787		826,429		748,167
Europe	427,323		402,488		328,785
Specialty	281,442		204,930		—
Total inventory	1,556,552		1,433,847		1,076,952
Property and Equipment, net
North America	467,961		456,288		447,528
Europe	175,455		128,309		99,123
Specialty	53,151		45,390		—
Total property and equipment, net	696,567		629,987		546,651
Other unallocated assets ⁽¹⁾	2,804,558		2,810,483		2,356,361
Total assets ⁽¹⁾	$	5,647,837	$	5,475,739	$	4,438,058

The following table sets forth our revenue by geographic area (in thousands):

The following table sets forth our tangible long-lived assets by geographic area (in thousands):

The following table sets forth our revenue by product category (in thousands):



	Year Ended December 31,
	2015		2014		2013
Aftermarket, other new and refurbished products	$	5,116,373	$	4,613,454	$	3,034,599
Recycled, remanufactured and related products and services	1,597,578		1,473,305		1,394,981
Other	478,682		653,305		632,948
	$	7,192,633	$	6,740,064	$	5,062,528