SEGMENT AND GEOGRAPHIC 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,
	2017		2016		2015		2015
Revenues:
TeamQualspec	$	588,441	$	589,478	$	351,949	$	467,099
TeamFurmanite	529,973		539,627		178,238		300,456
Quest Integrity	81,797		67,591		41,531		74,492
Total	$	1,200,211	$	1,196,696	$	571,718	$	842,047



	Twelve Months Ended December 31,						Seven Months Ended December 31,			Twelve Months Ended May 31,
	2017			2016			2015			2015
Operating income (loss):
TeamQualspec¹	$	11,128		$	43,367		$	31,175		$	60,198
TeamFurmanite¹	(33,993		)	27,283			14,335			28,713
Quest Integrity	12,337			4,780			5,491			13,196
Corporate and shared support services	(104,582		)	(78,548		)	(31,839		)	(33,642		)
Total	$	(115,110	)	$	(3,118	)	$	19,162		$	68,465

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1	Includes goodwill impairment loss of $21.1 million and $54.1 million for TeamQualspec and TeamFurmanite, respectively, for the year ended December 31, 2017.



	Twelve Months Ended December 31,				Seven Months Ended December 31,		Twelve Months Ended May 31,
	2017		2016		2015		2015
Capital expenditures:
TeamQualspec	$	10,505	$	8,803	$	6,557	$	10,276
TeamFurmanite	17,791		15,077		5,656		4,916
Quest Integrity	3,316		2,007		1,993		2,961
Corporate and shared support services	5,186		19,956		11,596		10,616
Total	$	36,798	$	45,843	$	25,802	$	28,769



	Twelve Months Ended December 31,				Seven Months Ended December 31,		Twelve Months Ended May 31,
	2017		2016		2015		2015
Depreciation and amortization:
TeamQualspec	$	19,279	$	19,853	$	10,568	$	8,413
TeamFurmanite	23,412		21,387		4,779		7,583
Quest Integrity	4,423		5,323		3,403		5,704
Corporate and shared support services	5,029		2,110		676		1,087
Total	$	52,143	$	48,673	$	19,426	$	22,787

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 years ended December 31, 2017 and 2016, the seven months ended December 31, 2015 and the year ended May 31, 2015 and our total assets as of December 31, 2017, 2016 and 2015 and May 31, 2015 are as follows (in thousands):



	Total Revenues¹		Total Assets
Twelve months ended December 31, 2017
United States	$	871,367	$	613,897
Canada	134,256		60,879
Europe	119,603		325,182
Other foreign countries	74,985		55,877
Total	$	1,200,211	$	1,055,835
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

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