ENTITY WIDE DISCLOSURES

3 Months Ended

Mar. 31, 2016

Segment Reporting [Abstract]

ENTITY WIDE DISCLOSURES

ENTITY WIDE DISCLOSURES

ASC 280, Segment Reporting, requires us to disclose certain information about our operating segments where operating segments are defined as “components of an enterprise about which separate financial information is available that is evaluated regularly by the chief operating decision maker in deciding how to allocate resources and in assessing performance.” We conduct operations in three segments: Team Qualspec, Team Furmanite and Quest Integrity. All three operating segments operate under a business segment manager who reports directly to Team’s Chief Executive Officer who operates as the chief operating decision maker. Furmanite, which we acquired in the first quarter of 2016 (see Note 2), is included in the Team Furmanite segment, except that Furmanite’s corporate-related activities are included within corporate and shared support services in the tables below. Discontinued operations are not allocated to the segments. Segment data for our three operating segments are as follows (in thousands):

	Three Months Ended March 31,
	2016		2015
	(unaudited)		(unaudited)
Revenues:
Team Qualspec	$	136,262	$	107,191
Team Furmanite	100,594		69,352
Quest Integrity	13,998		15,864
Total	$	250,854	$	192,407

	Three Months Ended March 31,
	2016			2015
	(unaudited)			(unaudited)
Operating income (loss):
Team Qualspec	$	7,944		$	10,375
Team Furmanite	7,039			4,441
Quest Integrity	(757		)	1,263
Corporate and shared support services	(21,606		)	(8,380		)
Total	$	(7,380	)	$	7,699

	Three Months Ended March 31,
	2016		2015
	(unaudited)		(unaudited)
Capital expenditures:
Team Qualspec	$	2,989	$	2,268
Team Furmanite	2,977		1,050
Quest Integrity	631		708
Corporate and shared support services	4,983		3,622
Total	$	11,580	$	7,648

	Three Months Ended March 31,
	2016		2015
	(unaudited)		(unaudited)
Depreciation and amortization:
Team Qualspec	$	5,054	$	2,140
Team Furmanite	3,324		1,845
Quest Integrity	1,282		1,435
Corporate and shared support services	363		270
Total	$	10,023	$	5,690

Separate measures of Team’s assets by operating segment are not produced or utilized by management to evaluate segment performance.

A geographic breakdown of our revenues for the three months ended March 31, 2016 and 2015 and total assets as of March 31, 2016 and December 31, 2015 are as follows (in thousands):

	Three Months Ended March 31,
	2016		2015
	(unaudited)		(unaudited)
Revenues:
United States	$	202,053	$	148,964
Canada	21,985		23,702
Europe	16,889		12,071
Other foreign countries	9,927		7,670
Total	$	250,854	$	192,407

	March 31, 2016		December 31, 2015
	(unaudited)
Total assets:
United States	$	970,902	$	682,124
Canada	61,911		59,626
Europe	96,434		33,271
Other foreign countries	51,307		23,970
Total	$	1,180,554	$	798,991