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SEC Filings

10-Q
EQUINIX INC filed this Form 10-Q on 05/03/2019
Entire Document
 
EQUINIX, INC.
NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS – (Continued)
(Unaudited)

11.
Segment Information
While the Company has a single line of business, which is the design, build-out and operation of IBX data centers, it has determined that it has three reportable segments comprised of its Americas, EMEA and Asia-Pacific geographic regions. The Company's chief operating decision-maker evaluates performance, makes operating decisions and allocates resources based on the Company's revenues and adjusted EBITDA performance both on a consolidated basis and based on these three reportable segments.
The following tables present revenue information disaggregated by product lines and geographic areas (in thousands):
 
Three Months Ended March 31, 2019
 
Americas
 
EMEA
 
Asia-Pacific
 
Total
Colocation (1)
$
439,981

 
$
331,125

 
$
209,665

 
$
980,771

Interconnection
138,563

 
37,525

 
36,696

 
212,784

Managed infrastructure
21,787

 
29,088

 
21,920

 
72,795

Other (1)
5,979

 
2,499

 

 
8,478

Recurring revenues
606,310

 
400,237

 
268,281

 
1,274,828

Non-recurring revenues
38,056

 
34,423

 
15,911

 
88,390

Total
$
644,366

 
$
434,660

 
$
284,192

 
$
1,363,218

 
(1) Includes some leasing and hedging activities.
 
Three Months Ended March 31, 2018
 
Americas
 
EMEA
 
Asia-Pacific
 
Total
Colocation (1)
$
427,125

 
$
288,061

 
$
166,198

 
$
881,384

Interconnection
129,253

 
34,977

 
30,769

 
194,999

Managed infrastructure
18,535

 
30,686

 
22,180

 
71,401

Other (1)
1,079

 
1,766

 

 
2,845

Recurring revenues
575,992

 
355,490

 
219,147

 
1,150,629

Non-recurring revenues
26,635

 
24,140

 
14,473

 
65,248

Total
$
602,627

 
$
379,630

 
$
233,620

 
$
1,215,877

 
(1) Includes some leasing and hedging activities.
No single customer accounted for 10% or greater of the Company's accounts receivable or revenues for the three months ended March 31, 2019 and 2018.

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