ENTITY WIDE DISCLOSURES

12 Months Ended

Dec. 31, 2016

Segment Reporting [Abstract]

ENTITY WIDE DISCLOSURES

ENTITY WIDE DISCLOSURES

ASC 280, Segment Reporting, requires we 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: TeamQualspec Group, TeamFurmanite Group and Quest Integrity Group. 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 TeamFurmanite 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):

	Twelve Months Ended December 31,		Seven Months Ended December 31,		Twelve Months Ended May 31,
	2016		2015		2015		2014
Revenues:
TeamQualspec	$	589,478	$	351,949	$	467,099	$	408,259
TeamFurmanite	539,627		178,238		300,456		275,322
Quest Integrity	67,591		41,531		74,492		65,946
Total	$	1,196,696	$	571,718	$	842,047	$	749,527

	Twelve Months Ended December 31,			Seven Months Ended December 31,			Twelve Months Ended May 31,
	2016			2015			2015			2014
Operating income (loss):
TeamQualspec	$	43,367		$	31,175		$	60,198		$	47,787
TeamFurmanite	27,283			14,335			28,713			26,177
Quest Integrity	4,780			5,491			13,196			9,260
Corporate and shared support services	(78,548		)	(31,839		)	(33,642		)	(29,803		)
Total	$	(3,118	)	$	19,162		$	68,465		$	53,421

	Twelve Months Ended December 31,		Seven Months Ended December 31,		Twelve Months Ended May 31,
	2016		2015		2015		2014
Capital expenditures:
TeamQualspec	$	8,803	$	6,557	$	10,276	$	8,104
TeamFurmanite	15,077		5,656		4,916		6,114
Quest Integrity	2,007		1,993		2,961		4,366
Corporate and shared support services	19,956		11,596		10,616		14,432
Total	$	45,843	$	25,802	$	28,769	$	33,016

	Twelve Months Ended December 31,		Seven Months Ended December 31,		Twelve Months Ended May 31,
	2016		2015		2015		2014
Depreciation and amortization:
TeamQualspec	$	19,853	$	10,568	$	8,413	$	7,953
TeamFurmanite	21,387		4,779		7,583		7,208
Quest Integrity	5,323		3,403		5,704		5,475
Corporate and shared support services	2,110		676		1,087		832
Total	$	48,673	$	19,426	$	22,787	$	21,468

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 twelve months ended December 31, 2016, for the seven months ended December 31, 2015, and for the twelve months ended May 31, 2015 and 2014 and our total assets as of December 31, 2016 and 2015 are as follows (in thousands):

	Total Revenues1		Total Assets
Twelve months ended December 31, 2016
United States	$	889,967	$	788,780
Canada	128,122		66,056
Europe	108,720		234,847
Other foreign countries	69,887		57,735
Total	$	1,196,696	$	1,147,418
Seven months ended December 31, 2015
United States	$	448,508	$	682,124
Canada	71,325		59,626
Europe	27,718		33,271
Other foreign countries	24,167		23,970
Total	$	571,718	$	798,991
Twelve months ended May 31, 2015
United States	$	625,044	$	399,173
Canada	132,573		68,043
Europe	47,524		34,612
Other foreign countries	36,906		22,005
Total	$	842,047	$	523,833
Twelve months ended May 31, 2014
United States	$	540,967	$	353,624
Canada	126,874		68,515
Europe	42,248		38,870
Other foreign countries	39,438		23,932
Total	$	749,527	$	484,941

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¹    Revenues attributable to individual countries/geographic areas are based on the country of domicile of the legal entity that performs the work.