Exhibit 99.3
C.H. Robinson Business Segment Information(unaudited, dollars in thousands)
Three months ended December 31, 2016 | ||||||||||||||||||||||||
NAST | Global Forwarding | Robinson Fresh | All Other & Corporate | Eliminations | Consolidated | |||||||||||||||||||
Revenues | $ | 2,281,435 | $ | 475,971 | $ | 529,449 | $ | 128,120 | — | $ | 3,414,975 | |||||||||||||
Intersegment Revenues(1) | 86,898 | 6,726 | 36,203 | 1,569 | (131,396 | ) | — | |||||||||||||||||
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Total Revenues | $ | 2,368,333 | $ | 482,697 | $ | 565,652 | $ | 129,689 | ($ | 131,396 | ) | $ | 3,414,975 | |||||||||||
Net Revenues | $ | 363,281 | $ | 114,079 | $ | 51,753 | $ | 32,403 | — | $ | 561,516 | |||||||||||||
Operating Income/(Loss) | $ | 157,631 | $ | 24,631 | $ | 12,980 | ($ | 1,677 | ) | — | $ | 193,565 | ||||||||||||
Depreciation and Amortization | $ | 5,575 | $ | 7,868 | $ | 1,192 | $ | 7,318 | — | $ | 21,953 | |||||||||||||
Total Assets | $ | 2,088,611 | $ | 668,553 | $ | 376,654 | $ | 518,752 | — | $ | 3,652,570 | |||||||||||||
Average Headcount | 6,809 | 3,934 | 951 | 2,380 | — | 14,074 | ||||||||||||||||||
Three months ended September 30, 2016 | ||||||||||||||||||||||||
NAST | Global Forwarding | Robinson Fresh | All Other & Corporate | Eliminations | Consolidated | |||||||||||||||||||
Revenues | $ | 2,252,187 | $ | 390,830 | $ | 590,385 | $ | 122,352 | — | $ | 3,355,754 | |||||||||||||
Intersegment Revenues(1) | 79,728 | 8,742 | 32,255 | 100 | (120,825 | ) | — | |||||||||||||||||
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Total Revenues | $ | 2,331,915 | $ | 399,572 | $ | 622,640 | $ | 122,452 | ($ | 120,825 | ) | $ | 3,355,754 | |||||||||||
Net Revenues | $ | 378,073 | $ | 93,368 | $ | 57,036 | $ | 29,985 | — | $ | 558,462 | |||||||||||||
Operating Income | $ | 171,733 | $ | 17,047 | $ | 17,733 | $ | 4,754 | — | $ | 211,267 | |||||||||||||
Depreciation and Amortization | $ | 5,547 | $ | 5,073 | $ | 983 | $ | 6,054 | — | $ | 17,657 | |||||||||||||
Total Assets | $ | 2,115,467 | $ | 625,267 | $ | 405,832 | $ | 517,496 | — | $ | 3,664,062 | |||||||||||||
Average Headcount | 6,869 | 3,715 | 956 | 2,322 | — | 13,862 | ||||||||||||||||||
Three months ended June 30, 2016 | ||||||||||||||||||||||||
NAST | Global Forwarding | Robinson Fresh | All Other & Corporate | Eliminations | Consolidated | |||||||||||||||||||
Revenues | $ | 2,158,615 | $ | 356,773 | $ | 660,204 | $ | 124,149 | — | $ | 3,299,741 | |||||||||||||
Intersegment Revenues(1) | 71,543 | 8,763 | 27,049 | 229 | (107,584 | ) | — | |||||||||||||||||
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Total Revenues | $ | 2,230,158 | $ | 365,536 | $ | 687,253 | $ | 124,378 | ($ | 107,584 | ) | $ | 3,299,741 | |||||||||||
Net Revenues | $ | 399,203 | $ | 97,224 | $ | 67,820 | $ | 29,968 | — | $ | 594,215 | |||||||||||||
Operating Income | $ | 182,721 | $ | 22,396 | $ | 27,311 | $ | 1,319 | — | $ | 233,747 | |||||||||||||
Depreciation and Amortization | $ | 5,502 | $ | 5,079 | $ | 839 | $ | 6,764 | — | $ | 18,184 | |||||||||||||
Total Assets | $ | 1,936,149 | $ | 505,778 | $ | 427,272 | $ | 479,871 | — | $ | 3,349,070 | |||||||||||||
Average Headcount | 6,800 | 3,514 | 947 | 2,261 | — | 13,522 | ||||||||||||||||||
Three months ended March 31, 2016 | ||||||||||||||||||||||||
NAST | Global Forwarding | Robinson Fresh | All Other & Corporate | Eliminations | Consolidated | |||||||||||||||||||
Revenues | $ | 2,045,479 | $ | 351,112 | $ | 564,093 | $ | 113,259 | — | $ | 3,073,943 | |||||||||||||
Intersegment Revenues(1) | 60,269 | 6,080 | 23,896 | 313 | (90,558 | ) | — | |||||||||||||||||
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Total Revenues | $ | 2,105,748 | $ | 357,192 | $ | 587,989 | $ | 113,572 | ($ | 90,558 | ) | $ | 3,073,943 | |||||||||||
Net Revenues | $ | 383,798 | $ | 92,866 | $ | 58,185 | $ | 28,486 | — | $ | 563,335 | |||||||||||||
Operating Income | $ | 162,351 | $ | 16,857 | $ | 17,733 | $ | 2,011 | — | $ | 198,952 | |||||||||||||
Depreciation and Amortization | $ | 5,502 | $ | 5,079 | $ | 768 | $ | 5,526 | — | $ | 16,875 | |||||||||||||
Total Assets | $ | 1,854,240 | $ | 514,958 | $ | 370,319 | $ | 422,728 | — | $ | 3,162,245 | |||||||||||||
Average Headcount | 6,666 | 3,488 | 922 | 2,175 | — | 13,251 |
(1) | Intersegment revenues represent the sales between our segments and are eliminated to reconcile to our consolidated results. |
C.H. Robinson Business Segment Information(unaudited, dollars in thousands)
Three months ended December 31, 2015 | ||||||||||||||||||||||||
NAST | Global Forwarding | Robinson Fresh | All Other & Corporate | Eliminations | Consolidated | |||||||||||||||||||
Revenues | $ | 2,171,427 | $ | 376,767 | $ | 549,713 | $ | 112,946 | — | $ | 3,210,853 | |||||||||||||
Intersegment Revenues(1) | 64,581 | 4,295 | 23,991 | 402 | (93,269 | ) | — | |||||||||||||||||
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Total Revenues | $ | 2,236,008 | $ | 381,062 | $ | 573,704 | $ | 113,348 | ($ | 93,269 | ) | $ | 3,210,853 | |||||||||||
Net Revenues | $ | 398,279 | $ | 89,491 | $ | 56,163 | $ | 26,844 | — | $ | 570,777 | |||||||||||||
Operating Income/(Loss) | $ | 183,964 | $ | 18,727 | $ | 16,065 | ($ | 4,177 | ) | — | $ | 214,579 | ||||||||||||
Depreciation and Amortization | $ | 5,457 | $ | 5,255 | $ | 762 | $ | 5,422 | — | $ | 16,896 | |||||||||||||
Total Assets | $ | 1,878,203 | $ | 556,606 | $ | 346,728 | $ | 402,821 | — | $ | 3,184,358 | |||||||||||||
Average Headcount | 6,683 | 3,455 | 912 | 2,108 | — | 13,158 | ||||||||||||||||||
Three months ended September 30, 2015 | ||||||||||||||||||||||||
NAST | Global Forwarding | Robinson Fresh | All Other & Corporate | Eliminations | Consolidated | |||||||||||||||||||
Revenues | $ | 2,282,235 | $ | 420,628 | $ | 602,913 | $ | 113,477 | — | $ | 3,419,253 | |||||||||||||
Intersegment Revenues(1) | 69,845 | 4,529 | 23,609 | 557 | (98,540 | ) | — | |||||||||||||||||
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Total Revenues | $ | 2,352,080 | $ | 425,157 | $ | 626,522 | $ | 114,034 | ($ | 98,540 | ) | $ | 3,419,253 | |||||||||||
Net Revenues | $ | 410,478 | $ | 94,797 | $ | 57,911 | $ | 25,389 | — | $ | 588,575 | |||||||||||||
Operating Income/(Loss) | $ | 197,209 | $ | 22,477 | $ | 19,908 | ($ | 6,883 | ) | — | $ | 232,711 | ||||||||||||
Depreciation and Amortization | $ | 5,454 | $ | 5,181 | $ | 754 | $ | 5,442 | — | $ | 16,831 | |||||||||||||
Total Assets | $ | 1,943,010 | $ | 594,908 | $ | 366,191 | $ | 408,456 | — | $ | 3,312,565 | |||||||||||||
Average Headcount | 6,723 | 3,422 | 906 | 2,061 | — | 13,112 | ||||||||||||||||||
Three months ended June 30, 2015 | ||||||||||||||||||||||||
NAST | Global Forwarding | Robinson Fresh | All Other & Corporate | Eliminations | Consolidated | |||||||||||||||||||
Revenues | $ | 2,319,936 | $ | 431,098 | $ | 672,424 | $ | 121,630 | — | $ | 3,545,088 | |||||||||||||
Intersegment Revenues(1) | 71,785 | 5,027 | 21,381 | 510 | (98,703 | ) | — | |||||||||||||||||
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Total Revenues | $ | 2,391,721 | $ | 436,125 | $ | 693,805 | $ | 122,140 | ($ | 98,703 | ) | $ | 3,545,088 | |||||||||||
Net Revenues | $ | 398,151 | $ | 94,846 | $ | 65,712 | $ | 25,309 | — | $ | 584,018 | |||||||||||||
Operating Income/(Loss) | $ | 187,063 | $ | 20,904 | $ | 26,066 | ($ | 4,938 | ) | — | $ | 229,095 | ||||||||||||
Depreciation and Amortization | $ | 5,469 | $ | 5,176 | $ | 720 | $ | 5,074 | — | $ | 16,439 | |||||||||||||
Total Assets | $ | 1,969,209 | $ | 605,679 | $ | 412,425 | $ | 416,701 | — | $ | 3,404,014 | |||||||||||||
Average Headcount | 6,575 | 3,350 | 890 | 2,035 | — | 12,850 | ||||||||||||||||||
Three months ended March 31, 2015 | ||||||||||||||||||||||||
NAST | Global Forwarding | Robinson Fresh | All Other & Corporate | Eliminations | Consolidated | |||||||||||||||||||
Revenues | $ | 2,194,751 | $ | 411,451 | $ | 570,390 | $ | 124,298 | — | $ | 3,300,890 | |||||||||||||
Intersegment Revenues(1) | 65,346 | 5,251 | 20,052 | 638 | (91,287 | ) | — | |||||||||||||||||
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Total Revenues | $ | 2,260,097 | $ | 416,702 | $ | 590,442 | $ | 124,936 | ($ | 91,287 | ) | $ | 3,300,890 | |||||||||||
Net Revenues | $ | 358,009 | $ | 86,333 | $ | 55,548 | $ | 25,220 | — | $ | 525,110 | |||||||||||||
Operating Income/(Loss) | $ | 150,093 | $ | 13,973 | $ | 19,293 | ($ | 1,434 | ) | — | $ | 181,925 | ||||||||||||
Depreciation and Amortization | $ | 5,466 | $ | 5,178 | $ | 691 | $ | 4,908 | — | $ | 16,243 | |||||||||||||
Total Assets | $ | 1,965,361 | $ | 601,452 | $ | 360,648 | $ | 381,763 | — | $ | 3,309,224 | |||||||||||||
Average Headcount | 6,391 | 3,294 | 866 | 2,014 | — | 12,565 |
(1) | Intersegment revenues represent the sales between our segments and are eliminated to reconcile to our consolidated results. |