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REPORTABLE SEGMENTS (Tables) | 12 Months Ended
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Dec. 31, 2016
REPORTABLE SEGMENTS |
Schedule of reportable segment information | Reportable segment information for 2016, 2015, and 2014, are as follows (in millions):
|  | Years Ended December 31, |
|  | 2016 |  | 2015 |  | 2014 |
Operating Revenue: |  |  |  |  |  |  |  |  |  |
Ocean Transportation (1) |  | $ | 1,541.1 |  | $ | 1,498.0 |  | $ | 1,278.4 |
Logistics (2) |  |  | 400.5 |  |  | 386.9 |  |  | 435.8 |
Total Operating Revenue |  | $ | 1,941.6 |  | $ | 1,884.9 |  | $ | 1,714.2 |
Operating Income: |  |  |  |  |  |  |  |  |  |
Ocean Transportation (1)(3) |  | $ | 141.3 |  | $ | 187.8 |  | $ | 131.1 |
Logistics (2) |  |  | 11.9 |  |  | 8.5 |  |  | 8.9 |
Total Operating Income |  |  | 153.2 |  |  | 196.3 |  |  | 140.0 |
Interest expense, net |  |  | (24.1) |  |  | (18.5) |  |  | (17.3) |
Income before Income Taxes |  |  | 129.1 |  |  | 177.8 |  |  | 122.7 |
Income taxes |  |  | (48.6) |  |  | (74.8) |  |  | (51.9) |
Net Income |  | $ | 80.5 |  | $ | 103.0 |  | $ | 70.8 |
| (1) |  | 2016 and 2015 Ocean Transportation segment information include the operations of Horizon acquired as of May 29, 2015.
| (2) |  | 2016 Logistics segment information include the operations of Span Alaska acquired as of August 4, 2016.
| (3) |  | Ocean Transportation segment information includes $15.8 million, $16.5 million and $6.6 million of equity in income from the Company’s Terminal Joint Venture, SSAT, for the years ended December 31, 2016, 2015, and 2014, respectively.
|  | As of December 31, |
|  | 2016 |  | 2015 |  | 2014 |
Identifiable Assets: |  |  |  |  |  |  |  |  |  |
Ocean Transportation (1) |  | $ | 1,722.2 |  | $ | 1,601.0 |  | $ | 1,313.9 |
Logistics |  |  | 293.3 |  |  | 68.8 |  |  | 87.9 |
Total Assets |  | $ | 2,015.5 |  | $ | 1,669.8 |  | $ | 1,401.8 |
Capital Expenditures: |  |  |  |  |  |  |  |  |  |
Ocean Transportation |  | $ | 179.1 |  | $ | 67.5 |  | $ | 27.8 |
Logistics |  |  | 0.3 |  |  | 0.3 |  |  | 0.1 |
Total Capital Expenditures |  | $ | 179.4 |  | $ | 67.8 |  | $ | 27.9 |
Depreciation and Amortization: |  |  |  |  |  |  |  |  |  |
Ocean Transportation |  | $ | 92.6 |  | $ | 81.4 |  | $ | 66.6 |
Logistics |  |  | 4.5 |  |  | 2.0 |  |  | 3.1 |
|  |  | 97.1 |  |  | 83.4 |  |  | 69.7 |
Deferred dry-docking amortization - Ocean Transportation |  |  | 38.9 |  |  | 23.1 |  |  | 21.1 |
Total Depreciation and Amortization |  | $ | 136.0 |  | $ | 106.5 |  | $ | 90.8 |
(1)The Ocean Transportation segment includes $82.4 million, $66.4 million and $64.4 million related to the Company’s Terminal Joint Venture equity investment in SSAT as of December 31, 2016, 2015, and 2014, respectively.

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- Definition Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss. + References Reference 1: 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=51669610&loc=d3e8906-108599 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 25 -URI http://asc.fasb.org/extlink&oid=51669610&loc=d3e8813-108599 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 21 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=51669610&loc=d3e8721-108599 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=35741047&loc=d3e13816-109267 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 22 -URI http://asc.fasb.org/extlink&oid=51669610&loc=d3e8736-108599 + Details
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