ENTITY WIDE DISCLOSURES

3 Months Ended

Aug. 31, 2014

ENTITY WIDE DISCLOSURES

14. 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: IHT, MS 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. Segment data for our three operating segments are as follows (in thousands):

	Three Months Ended
	August 31, 2014			August 31, 2013
	(unaudited)			(unaudited)
Revenues:
IHT	$	105,594		$	95,833
MS		67,846			65,769
Quest Integrity		14,681			12,709
Total	$	188,121		$	174,311
	Three Months Ended
	August 31, 2014			August 31, 2013
	(unaudited)			(unaudited)
Operating income:
IHT	$	12,287		$	10,227
MS		6,704			6,833
Quest Integrity		767			(685	)
Corporate and shared support services		(7,933	)		(8,270	)
Total	$	11,825		$	8,105
	Three Months Ended
	August 31, 2014			August 31, 2013
	(unaudited)			(unaudited)
Capital expenditures:
IHT	$	1,539		$	1,845
MS		1,180			1,647
Quest Integrity		796			1,956
Corporate and shared support services		1,953			775
Total	$	5,468		$	6,223
	Three Months Ended
	August 31, 2014			August 31, 2013
	(unaudited)			(unaudited)
Depreciation and amortization:
IHT	$	2,001		$	2,082
MS		1,864			1,778
Quest Integrity		1,405			1,325
Corporate and shared support services		259			198
Total	$	5,529		$	5,383

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

Revenues and total assets in the United States and other countries are as follows (in thousands):

	Three Months Ended
	August 31, 2014		August 31, 2013
	(unaudited)		(unaudited)
Revenues:
United States	$	138,064	$	123,805
Canada		32,076		32,928
Europe		10,446		8,433
Other foreign countries		7,535		9,145
Total	$	188,121	$	174,311
	August 31, 2014		May 31, 2014
	(unaudited)
Total assets:
United States	$	349,486	$	353,624
Canada		69,542		68,515
Europe		39,082		38,870
Other foreign countries		22,289		23,932
Total	$	480,399	$	484,941