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SEGMENT INFORMATION | 7 Months Ended
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Dec. 31, 2016
Segment Reporting [Abstract] |
SEGMENT INFORMATION | SEGMENT INFORMATION Information About Profit and Assets We evaluate performance and allocate resources based on the operating income of each operating segment. The operating income of each operating segment includes the revenues of the segment less 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 the performance of or allocate resources to our operating segments using asset data. The accounting policies of the reportable operating segments are the same as those described in the 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 periods presented:
| Seven Months Ended December 31, |  | Year Ended May 31,
| 2016 |  | 2016 |  | 2015 |  | 2014
| (in thousands)
Revenues (1): |  |  |  |  |  |  |
North America | $ | 1,650,616 |  |  | $ | 2,052,623 |  |  | $ | 1,968,890 |  |  | $ | 1,808,992 |
Europe | 403,823 |  |  | 631,900 |  |  | 615,966 |  |  | 587,463 |
Asia-Pacific | 148,457 |  |  | 213,627 |  |  | 188,862 |  |  | 157,781 |
Consolidated revenues | $ | 2,202,896 |  |  | $ | 2,898,150 |  |  | $ | 2,773,718 |  |  | $ | 2,554,236 |
Operating income (loss) (1): |  |  |  |  |  |  |
North America | $ | 233,850 |  |  | $ | 307,626 |  |  | $ | 293,139 |  |  | $ | 272,251 |
Europe | 145,767 |  |  | 244,837 |  |  | 240,014 |  |  | 209,334 |
Asia-Pacific | 37,530 |  |  | 50,743 |  |  | 39,697 |  |  | 30,845 |
Corporate(2) | (179,196 | ) |  | (178,262 | ) |  | (116,253 | ) |  | (106,931 | )
Consolidated operating income | $ | 237,951 |  |  | $ | 424,944 |  |  | $ | 456,597 |  |  | $ | 405,499 |
Depreciation and amortization (1): |  |  |  |  |  |  |
North America | $ | 208,198 |  |  | $ | 128,618 |  |  | $ | 81,051 |  |  | $ | 60,970 |
Europe | 26,178 |  |  | 40,194 |  |  | 39,910 |  |  | 48,589 |
Asia-Pacific | 10,385 |  |  | 13,935 |  |  | 9,973 |  |  | 6,139 |
Corporate | 2,810 |  |  | 5,134 |  |  | 6,571 |  |  | 6,371 |
Consolidated depreciation and amortization | $ | 247,571 |  |  | $ | 187,881 |  |  | $ | 137,505 |  |  | $ | 122,069 |
(1) Revenues, operating income and depreciation and amortization reflect the effect of acquired businesses from the respective dates of acquisition. Notably, on April 22, 2016, we merged with Heartland as further discussed in "Note 2 - Acquisitions." (2) During the seven months ended December 31, 2016 and the fiscal year ended May 31, 2016, operating loss for Corporate included costs of $91.6 million and $51.3 million, respectively, incurred in connection with our merger with Heartland. These merger-related costs are included in selling, general and administrative expenses in the consolidated statements of income. Enterprise-Wide Information As a percentage of our total consolidated revenues, revenues from external customers in the United States and the United Kingdom were 67% and 10%, respectively, for the 2016 fiscal transition period. Revenues from external customers in the United States, the United Kingdom, and Canada were 61%, 10% and 10%, respectively, for the fiscal year ended May 31, 2016; 60%, 13% and 11%, respectively, for the fiscal year ended May 31, 2015; and 58%, 13% and 13%, respectively, for the fiscal year ended May 31, 2014. 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 December 31, 2016, May 31, 2016 and 2015 were as follows:
| December 31, |  | May 31,
| 2016 |  | 2016 |  | 2015
| (in thousands)
United States | $ | 413,499 |  |  | $ | 394,716 |  |  | $ | 284,257 |
Foreign countries | 112,871 |  |  | 98,962 |  |  | 89,886 |
| $ | 526,370 |  |  | $ | 493,678 |  |  | $ | 374,143 |

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- Definition The entire disclosure for reporting segments including data and tables. Reportable segments include those that meet any of the following quantitative thresholds a) it's reported revenue, including sales to external customers and intersegment sales or transfers is 10 percent or more of the combined revenue, internal and external, of all operating segments b) the absolute amount of its reported profit or loss is 10 percent or more of the greater, in absolute amount of 1) the combined reported profit of all operating segments that did not report a loss or 2) the combined reported loss of all operating segments that did report a loss c) its assets are 10 percent or more of the combined assets of all operating segments. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 34 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8981-108599 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 41 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e9038-108599 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 33 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8971-108599 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 12 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8595-108599 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8380-108599 Reference 6: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 32 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8933-108599 Reference 7: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 26 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8844-108599 Reference 8: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 35 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8984-108599 Reference 9: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 40 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e9031-108599 Reference 10: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 42 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e9054-108599 Reference 11: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 10 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8538-108599 Reference 12: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 29 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8864-108599 Reference 13: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 31 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8924-108599 Reference 14: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8906-108599 + Details
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