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SEGMENT INFORMATION
 9 Months Ended
Feb. 29, 2016
Segment Reporting [Abstract]  
SEGMENT INFORMATION
SEGMENT INFORMATION

Commencing with fiscal 2016, we began reporting based on realigned segments (North America, Europe and Asia-Pacific) due to international investment and a realigned management structure. As a result, we have presented prior year segment data in a manner that conforms to our current year presentation.

Information About Profit and Assets

We evaluate performance and allocate resources based on the operating income of each segment. The operating income of each segment includes the revenues of the segment less those expenses that are directly related to those revenues. Operating overhead, shared costs and certain compensation costs are included in Corporate in the following table. Interest and other income, interest and other expense, the financial results of equity method investments and provision for income taxes are not allocated to the individual segments. We do not evaluate performance or allocate resources using segment asset data. The accounting policies of the reportable segments are the same as those described in our Annual Report on Form 10-K for the year ended May 31, 2015, our Current Report on Form 8-K dated February 5, 2016 and our summary of significant accounting policies in "Note 1-Basis of Presentation and Summary of Significant Accounting Policies."

Information on segments and reconciliations to consolidated revenues and consolidated operating income are as follows for the three and nine months ended February 29, 2016 and February 28, 2015 (in thousands):
 
Three Months Ended
 
Nine Months Ended
 
February 29, 2016
 
February 28, 2015
 
February 29, 2016
 
February 28, 2015
Revenues:
 
 
 
 
 
 
 
North America
$
478,059

 
$
473,063

 
$
1,520,250

 
$
1,465,845

Europe
147,002

 
138,378

 
473,376

 
461,140

Asia-Pacific
54,879

 
53,542

 
157,460

 
140,184

 Consolidated revenues
$
679,940

 
$
664,983

 
$
2,151,086

 
$
2,067,169

 
 
 
 
 
 
 
 
Operating income (loss):
 
 
 
 
 
 
 
North America
$
71,379

 
$
66,723

 
$
234,014

 
$
218,906

Europe(1)
59,056

 
52,710

 
193,801

 
184,318

Asia-Pacific
16,025

 
12,192

 
40,115

 
30,629

Corporate(2)
(38,655
)
 
(27,010
)
 
(99,188
)
 
(80,856
)
 Consolidated operating income
$
107,805

 
$
104,615

 
$
368,742

 
$
352,997

 
 
 
 
 
 
 
 
Depreciation and amortization:
 
 
 
 
 
 
 
North America
$
24,826

 
$
20,100

 
$
72,792

 
$
61,018

Europe
9,635

 
8,977

 
29,899

 
30,085

Asia-Pacific
3,582

 
2,951

 
9,997

 
6,899

Corporate
1,125

 
1,612

 
3,986

 
4,810

 Consolidated depreciation and amortization
$
39,168

 
$
33,640

 
$
116,674

 
$
102,812



(1) During the nine months ended February 28, 2015, operating income for the Europe segment included a $2.9 million gain on the sale of a component of our Russia business that leased automated teller machines to our sponsor bank in Russia. The gain is included in selling, general and administrative expenses in the consolidated statement of income for the nine months ended February 28, 2015.

(2) During the three and nine months ended February 29, 2016, operating loss for Corporate included acquisition-related costs of $6.1 million (including $2.4 million of transaction costs) incurred in connection with our proposed acquisition of Heartland. These acquisition-related costs are included in selling, general and administrative expenses in the consolidated statements of income.