ENTITY WIDE DISCLOSURES

3 Months Ended

Aug. 31, 2015

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

	Three Months Ended
	August 31, 2015		August 31, 2014
	(unaudited)		(unaudited)
Revenues:
IHT	$	136,767	$	105,594
MS		68,358		67,846
Quest Integrity		17,569		14,681
Total	$	222,694	$	188,121

	Three Months Ended
	August 31, 2015			August 31, 2014
	(unaudited)			(unaudited)
Operating income:
IHT	$	12,527		$	12,287
MS		3,631			6,704
Quest Integrity		1,745			767
Corporate and shared support services		(13,454	)		(7,933	)
Total	$	4,449		$	11,825

	Three Months Ended
	August 31, 2015		August 31, 2014
	(unaudited)		(unaudited)
Capital expenditures:
IHT	$	3,333	$	1,539
MS		2,439		1,180
Quest Integrity		1,238		796
Corporate and shared support services		4,208		1,953
Total	$	11,218	$	5,468

	Three Months Ended
	August 31, 2015		August 31, 2014
	(unaudited)		(unaudited)
Depreciation and amortization:
IHT	$	3,441	$	2,001
MS		2,125		1,864
Quest Integrity		1,441		1,405
Corporate and shared support services		877		259
Total	$	7,884	$	5,529

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 August 31, 2015 and 2014 and total assets as of August 31, 2015 and 2014 are as follows (in thousands):

	Three Months Ended
	August 31, 2015		August 31, 2014
	(unaudited)		(unaudited)
Revenues:
United States	$	173,360	$	138,064
Canada		25,545		32,076
Europe		11,816		10,446
Other foreign countries		11,973		7,535
Total	$	222,694	$	188,121
	August 31, 2015		May 31, 2015
	(unaudited)
Total assets:
United States	$	667,485	$	399,173
Canada		60,964		68,043
Europe		34,942		34,612
Other foreign countries		21,277		22,005
Total	$	784,668	$	523,833