SEGMENT AND GEOGRAPHIC DISCLOSURES

3 Months Ended

Mar. 31, 2018

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: IHT, MS and Quest Integrity. All three operating segments operate under a business segment manager who reports directly to Team’s CEO who operates as the chief operating decision maker. Segment data for our three operating segments are as follows (in thousands):



	Three Months Ended March 31,
	2018		2017
	(unaudited)		(unaudited)
Revenues:
IHT	$	151,419	$	142,956
MS	132,901		121,822
Quest Integrity	18,065		21,776
Total	$	302,385	$	286,554



	Three Months Ended March 31,
	2018			2017
	(unaudited)			(unaudited)
Operating income (loss):
IHT	$	6,740		$	8,125
MS	2,518			451
Quest Integrity	1,094			4,191
Corporate and shared support services	(24,477		)	(24,855		)
Total	$	(14,125	)	$	(12,088	)



	Three Months Ended March 31,
	2018		2017
	(unaudited)		(unaudited)
Capital expenditures:
IHT	$	2,335	$	2,512
MS	1,656		4,320
Quest Integrity	621		446
Corporate and shared support services	875		3,440
Total	$	5,487	$	10,718



	Three Months Ended March 31,
	2018		2017
	(unaudited)		(unaudited)
Depreciation and amortization:
IHT	$	4,805	$	4,855
MS	9,278		5,863
Quest Integrity	999		1,269
Corporate and shared support services	1,373		974
Total	$	16,455	$	12,961

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, 2018 and 2017 is as follows (in thousands):



	Three Months Ended March 31,
	2018		2017
	(unaudited)		(unaudited)
Total Revenues: ¹
United States	$	233,376	$	215,212
Canada	27,368		27,248
Europe	28,225		25,999
Other foreign countries	13,416		18,095
Total	$	302,385	$	286,554

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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.