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SEGMENT INFORMATION
 7 Months Ended
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