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Segment Information
12 Months Ended
May. 31, 2015
Segment Reporting [Abstract]  
Segment Information
SEGMENT INFORMATION

General Information

We provide payment and digital commerce solutions and operate in three reportable segments: North America, Europe and Asia-Pacific. Due to international investment and a realigned management structure, commencing at the beginning of fiscal 2016 and retrospectively presented herein, we have replaced our former International merchant services segment with two reportable operating segments: Europe and Asia-Pacific.

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 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 the Summary of Significant Accounting Policies in "Note 1 - Summary of Significant Accounting Policies."

Information on segments, including revenue by geographic distribution within segments, and reconciliations to consolidated revenues and consolidated operating income are as follows for the years ended May 31, 2015, 2014, and 2013:
 
2015
 
2014
 
2013
 
 
 
 
 
 
 
(in thousands)
 
 
 
 
 
 
Revenues:
 
 
 
 
 
North America
$
1,968,890

 
$
1,808,992

 
$
1,705,675

Europe
615,966

 
587,463

 
522,593

Asia-Pacific(2)
188,862

 
157,781

 
147,655

Consolidated revenues
$
2,773,718

 
$
2,554,236

 
$
2,375,923

 
 
 
 
 
 
Operating income (loss):
 
 
 
 
 
North America
$
293,139

 
$
272,251

 
$
258,910

Europe(1)
240,014

 
209,334

 
179,570

Asia-Pacific(2)
39,697

 
30,845

 
31,672

Corporate(3)
(116,253
)
 
(106,931
)
 
(112,939
)
Consolidated operating income
$
456,597

 
$
405,499

 
$
357,213

 
 
 
 
 
 
Depreciation and amortization:
 
 
 
 
 
North America
$
81,051

 
$
60,970

 
$
48,882

Europe
39,910

 
48,589

 
51,018

Asia-Pacific(2)
9,973

 
6,139

 
6,502

Corporate
6,571

 
6,371

 
5,386

Consolidated depreciation and amortization
$
137,505

 
$
122,069

 
$
111,788


(1) During the year ended May 31, 2015, operating income for the Europe segment includes 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 presented in selling, general and administrate expenses in the consolidated statements of income.
(2)The results of Ezidebit are included in the Asia-Pacific segment from the date of acquisition, October 10, 2014.
(3) Includes a processing system intrusion credit of $7.0 million in fiscal 2014 and a charge of $36.8 million in fiscal 2013.

Enterprise-Wide Information

As a percentage of our total consolidated revenues, revenues from external customers in the United States, the United Kingdom and Canada was 60%, 13% and 11%, respectively, for the year ended May 31, 2015; 58%, 13% and 13%, respectively, for the year ended May 31, 2014; and 59%, 12% and 13%, respectively, for the year ended May 31, 2013. Revenues from external customers are attributed to individual countries based on the location of the customer arrangements. Our results of operations and our financial condition are not significantly reliant upon any single customer.

Long-lived assets, excluding goodwill and other intangible assets, by location as of May 31, 2015 and 2014 were as follows:
 
2015
  
2014
 
 
 
 
 
(in thousands)
United States
$
284,257

  
$
259,457

Foreign countries
89,886

 
110,296

 
$
374,143

  
$
369,753