Entity Wide Disclosures

6 Months Ended

Nov. 30, 2011

Entity Wide Disclosures [Abstract]

Entity Wide Disclosures

10. ENTITY WIDE DISCLOSURES

ASC 280, Segment Reporting ("ASC 280") 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 operate in only one segment—the industrial services segment. Within the industrial services segment, we are organized as two divisions. Our TCM division (inclusive of Quest) provides the services of inspection and assessment and field heat treating. Our TMS division provides the services of leak repair, fugitive emissions control, hot tapping, field machining, technical bolting and field valve repair. Each division has goodwill relating to past acquisitions and we assess goodwill for impairment at the lower TCM and TMS divisional level. Both divisions derive substantially all their revenues from providing specialized labor intensive industrial services and the market for their services is principally dictated by the population of process piping systems in industrial plants and facilities. Services provided by both the TCM and TMS divisions are predominantly provided through a network of field branch locations located in proximity to industrial plants. The structure of those branch locations is similar, with locations overseen by a branch/regional manager, one or more sales representatives and a cadre of technicians to service the business requirements of our customers. Both the TCM and TMS division field locations share the same chief operating decision maker and both divisions are supported by common and often centralized technical and commercial support staffs, quality assurance, training, finance, legal, human resources and health and safety departments.

Revenues and total assets in the U.S. and other countries are as follows (in thousands):

	Three Months Ended November 30, 2011		Three Months Ended November 30, 2010		Six Months Ended November 30, 2011		Six Months Ended November 30, 2010
	(unaudited)		(unaudited)		(unaudited)		(unaudited)
Revenues:
United States	$	110,204	$	96,330	$	202,520	$	174,694
Canada		30,922		25,051		64,797		44,199
Europe		9,337		6,568		16,887		11,381
Other foreign countries		7,810		5,182		15,162		7,368
Total	$	158,273	$	133,131	$	299,366	$	237,642
					November 30, 2011		May 31, 2011
					(unaudited)
Total assets:
United States					$	253,438	$	243,046
Canada						59,366		64,023
Europe						31,103		31,469
Other foreign countries						20,019		16,948
Total					$	363,926	$	355,486