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SEGMENT INFORMATION
6 Months Ended
Jun. 30, 2018
Segment Reporting [Abstract]  
SEGMENT INFORMATION
SEGMENT INFORMATION

We operate in three reportable segments: North America, Europe and Asia-Pacific. 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 our Annual Report on Form 10-K for the year ended December 31, 2017 and our summary of significant accounting policies in "Note 1Basis of Presentation and Summary of Significant Accounting Policies."

Information on segments and reconciliations to consolidated revenues and consolidated operating income was as follows for the three and six months ended June 30, 2018 and June 30, 2017:
 
Three Months Ended
 
Six Months Ended
 
June 30, 2018
 
June 30, 2017
 
June 30, 2018
 
June 30, 2017
 
 
 
 
 
 
 
 
 
(in thousands)
 
 
 
 
 
 
 
 
Revenues(1) (2):
 
 
 
 
 
 
 
North America
$
621,801

 
$
710,965

 
$
1,215,830

 
$
1,398,009

Europe
155,631

 
186,506

 
298,908

 
352,054

Asia-Pacific
55,732

 
64,769

 
113,403

 
131,939

 Consolidated revenues
$
833,164

 
$
962,240

 
$
1,628,141

 
$
1,882,002

 
 
 
 
 
 
 
 
Operating income (loss)(2):
 
 
 
 
 
 
 
North America
$
147,184

 
$
112,176

 
$
272,588

 
$
206,259

Europe
82,682

 
65,673

 
153,230

 
120,180

Asia-Pacific
19,577

 
17,535

 
43,351

 
37,289

Corporate(3)
(58,706
)
 
(63,532
)
 
(122,262
)
 
(126,906
)
 Consolidated operating income
$
190,737

 
$
131,852

 
$
346,907

 
$
236,822

 
 
 
 
 
 
 
 
Depreciation and amortization(2):
 
 
 
 
 
 
 
North America
$
105,433

 
$
89,455

 
$
207,958

 
$
182,163

Europe
11,775

 
11,487

 
24,520

 
23,063

Asia-Pacific
4,726

 
4,308

 
9,359

 
7,584

Corporate
1,714

 
2,030

 
3,555

 
3,504

 Consolidated depreciation and amortization
$
123,648

 
$
107,280

 
$
245,392

 
$
216,314



(1) As more fully described in "Note 1—Basis of Presentation and Summary of Significant Accounting Policies" and "Note 3—Revenues," we adopted a new revenue accounting standard on January 1, 2018 that results in revenue being presented net of certain fees that we pay to third parties. This change in presentation affected our reported revenues and operating expenses during the three and six months ended June 30, 2018 by the same amount and had no effect on operating income.

(2) Revenues, operating income and depreciation and amortization reflect the effect of acquired businesses from the respective dates of acquisition. For further discussion, see "Note 2Acquisitions."

(3) During the three and six months ended June 30, 2018, operating loss for Corporate included acquisition and integration expenses of $8.1 million and $26.4 million, respectively. During the three and six months ended June 30, 2017, operating loss for Corporate included acquisition and integration expenses of $21.9 million and $48.0 million, respectively.