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SEGMENT INFORMATION | 9 Months Ended
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Sep. 30, 2019
Segment Reporting [Abstract] |
SEGMENT INFORMATION | SEGMENT INFORMATION Prior to the completion of the Merger, we operated in three reportable segments: North America, Europe and Asia-Pacific. As a result of the Merger, we anticipate realigning our executive management and organizational structures. As of September 30, 2019, we were still assessing changes in our internal management reporting structure to incorporate TSYS and the effects it may have on our reportable segments. Because this process was not complete as of September 30, 2019, we have reported the results of operations of TSYS from the acquisition date to September 30, 2019 as a separate reportable segment. In future periods, once the new management and organizational structures have been established, we will report financial information for our new reportable segments and recast prior periods to reflect the change, as necessary. 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 share-based compensation costs are included in Corporate. Interest and other income, interest and other expense and income tax expense 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 segments are the same as those described in our Annual Report on Form 10-K for the year ended December 31, 2018 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 was as follows for the three and nine months ended September 30, 2019 and 2018:
| Three Months Ended |  | Nine Months Ended
| September 30, 2019 |  | September 30, 2018 |  | September 30, 2019 |  | September 30, 2018
| (in thousands)
Revenues(1): |  |  |  |  |  |  |
North America | $ | 734,841 |  |  | $ | 643,715 |  |  | $ | 2,129,182 |  |  | $ | 1,859,545 |
Europe | 164,950 |  |  | 157,584 |  |  | 468,168 |  |  | 456,492 |
Asia-Pacific | 58,680 |  |  | 56,371 |  |  | 179,311 |  |  | 169,774 |
TSYS | 147,470 |  |  | — |  |  | 147,470 |  |  | — |
Consolidated revenues | $ | 1,105,941 |  |  | $ | 857,670 |  |  | $ | 2,924,131 |  |  | $ | 2,485,811 |
Operating income (loss)(1): |  |  |  |  |  |  |
North America | $ | 205,728 |  |  | $ | 174,012 |  |  | $ | 547,160 |  |  | $ | 446,600 |
Europe | 91,332 |  |  | 85,781 |  |  | 249,638 |  |  | 239,011 |
Asia-Pacific | 24,187 |  |  | 23,692 |  |  | 74,718 |  |  | 67,043 |
TSYS (2) | (11,124 | ) |  | — |  |  | (11,124 | ) |  | — |
Corporate(2) | (136,086 | ) |  | (60,323 | ) |  | (265,137 | ) |  | (182,585 | )
Consolidated operating income | $ | 174,037 |  |  | $ | 223,162 |  |  | $ | 595,255 |  |  | $ | 570,069 |
Depreciation and amortization(1): |  |  |  |  |  |  |
North America | $ | 123,075 |  |  | $ | 106,022 |  |  | $ | 375,885 |  |  | $ | 313,980 |
Europe | 12,876 |  |  | 11,660 |  |  | 38,971 |  |  | 36,180 |
Asia-Pacific | 5,201 |  |  | 4,381 |  |  | 15,382 |  |  | 13,740 |
TSYS | 40,213 |  |  | — |  |  | 40,213 |  |  | — |
Corporate | 2,381 |  |  | 1,994 |  |  | 7,047 |  |  | 5,548 |
Consolidated depreciation and amortization | $ | 183,746 |  |  | $ | 124,057 |  |  | $ | 477,498 |  |  | $ | 369,448 |
(1) Revenues, operating income and depreciation and amortization reflect the effects of acquired businesses from the respective acquisition dates. For further discussion of our acquisitions, see "Note 2—Acquisitions." (2) Operating loss for Corporate included acquisition and integration expenses of $80.0 million and $8.2 million for the three months ended September 30, 2019 and 2018, respectively. Operating loss for Corporate included acquisition and integration expenses of $99.5 million and $34.6 million, respectively for the nine months ended September 30, 2019 and 2018. Operating loss for TSYS included acquisition and integration expenses of $20.9 million for the three and nine months ended September 30, 2019.

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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://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -URI http://asc.fasb.org/topic&trid=2134510 + Details
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