SEGMENT INFORMATION

We conduct our business in one segment: Helicopter Services. During fiscal years 2015, 2014 and 2013, the Helicopter Services segment operations were conducted primarily through five business units: Europe, West Africa, North America, Australia, and Other International. Additionally, we operate a training business unit, Bristow Academy, and provide technical services to clients in the U.S. and U.K., which are included in Corporate and other.

The following tables show business unit information for fiscal years 2015, 2014 and 2013, and as of March 31, 2015 and 2014, where applicable, reconciled to consolidated totals, and prepared on the same basis as our consolidated financial statements (in thousands):



	Fiscal Year Ended March 31,
	2015			2014			2013
Business unit gross revenue from external clients:
Europe	$	876,838		$	740,316		$	619,480
West Africa	327,164			328,793			296,933
North America	234,856			230,337			226,114
Australia	228,774			168,424			186,752
Other International	135,980			134,021			132,662
Corporate and other	55,057			67,691			46,532
Total business unit gross revenue	$	1,858,669		$	1,669,582		$	1,508,473
Intra-business unit gross revenue:
Europe	$	1,309		$	—		$	65
North America	20			3			283
Australia	254			—			—
Other International	(227		)	—			—
Corporate and other	5,002			4,452			1,989
Total intra-business unit gross revenue	$	6,358		$	4,455		$	2,337
Consolidated gross revenue reconciliation:
Europe	$	878,147		$	740,316		$	619,545
West Africa	327,164			328,793			296,933
North America	234,876			230,340			226,397
Australia	229,028			168,424			186,752
Other International	135,753			134,021			132,662
Corporate and other	60,059			72,143			48,521
Intra-business unit eliminations	(6,358		)	(4,455		)	(2,337		)
Total consolidated gross revenue	$	1,858,669		$	1,669,582		$	1,508,473



	Fiscal Year Ended March 31,
	2015			2014			2013
Earnings from unconsolidated affiliates, net of losses – equity method investments:
Europe ⁽¹⁾	$	887		$	4,446		$	10,517
North America	(710		)	1,053			(736		)
Other International	(4,016		)	3,167			15,261
Total earnings from unconsolidated affiliates, net of losses – equity method investments	$	(3,839	)	$	8,666		$	25,042
Consolidated operating income (loss) reconciliation:
Europe	$	125,016		$	114,729		$	111,785
West Africa	86,074			80,053			70,315
North America	52,943			32,255			27,538
Australia	6,017			5,523			25,283
Other International	18,609			33,769			45,201
Corporate and other	(106,936		)	(78,630		)	(64,046		)
Gain (loss) on disposal of assets	(35,849		)	(722		)	8,068
Total consolidated operating income	$	145,874		$	186,977		$	224,144
Capital expenditures:
Europe	$	192,689		$	38,294		$	175,270
West Africa	1,330			24,324			11,501
North America	73,716			24,427			201,439
Australia	23,077			7,058			3,736
Other International	51,139			28,136			33,147
Corporate and other ⁽²⁾	259,883			506,374			146,332
Total capital expenditures	$	601,834		$	628,613		$	571,425
Depreciation and amortization:
Europe	$	37,535		$	32,383		$	33,101
West Africa	15,815			13,923			13,077
North America	22,093			23,505			20,193
Australia	22,341			8,728			9,995
Other International	15,591			15,024			17,018
Corporate and other	918			2,414			2,900
Total depreciation and amortization	$	114,293		$	95,977		$	96,284



	March 31,
	2015		2014
Identifiable assets:
Europe	$	874,228	$	932,803
West Africa	416,939		454,161
North America	574,902		487,659
Australia	391,852		260,483
Other International	559,137		579,571
Corporate and other ⁽³⁾	413,662		683,580
Total identifiable assets	$	3,230,720	$	3,398,257



	March 31,
	2015		2014
Investments in unconsolidated affiliates – equity method investments:
Europe	$	—	$	1,067
North America	61,015		61,570
Other International	149,075		193,692
Total investments in unconsolidated affiliates – equity method investments	$	210,090	$	256,329

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⁽¹⁾	On November 21, 2014, we sold our 50% interest in HCA. Additionally on July 14, 2013, we sold our 50% interest in the FB Entities. See Note 3 for details on the sale of HCA and the FB Entities.


⁽²⁾	Includes $232.3 million, $494.5 million and $140.1 million of construction in progress payments that were not allocated to business units in fiscal years 2015, 2014 and 2013, respectively.


⁽³⁾	Includes $306.0 million and $477.9 million of construction in progress within property and equipment on our consolidated balance sheets as of March 31, 2015 and 2014, respectively, which primarily represents progress payments on aircraft to be delivered in future periods.

We attribute revenue to various countries based on the location where helicopter services are actually performed. Long-lived assets consist primarily of helicopters and fixed wing aircraft and are attributed to various countries based on the physical location of the asset at a given fiscal year-end. Entity-wide information by geographic area is as follows (in thousands):



	Fiscal Year Ended March 31,
	2015		2014		2013
Gross revenue:
United Kingdom	$	616,191	$	526,149	$	383,398
Nigeria	327,164		328,793		296,933
Norway	266,186		253,651		249,023
Australia	228,774		168,424		186,752
United States	222,661		225,650		237,311
Canada	61,713		32,895		16,447
Trinidad	59,073		51,770		43,763
Malaysia	3,677		14,316		25,284
Other countries	73,230		67,934		69,562
	$	1,858,669	$	1,669,582	$	1,508,473



	March 31,
	2015		2014
Long-lived assets:
United Kingdom	$	462,667	$	544,113
Australia	241,149		188,370
Nigeria	235,914		256,239
United States	235,434		128,124
Canada	215,245		199,861
Norway	197,165		155,690
Trinidad	109,248		64,520
Brazil	80,540		123,439
Tanzania	54,845		42,589
Malaysia	—		61,104
Other countries	18,882		26,769
Construction in progress attributable to aircraft ⁽¹⁾	306,012		477,933
	$	2,157,101	$	2,268,751

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⁽¹⁾	These costs have been disclosed separately as the physical location where the aircraft will ultimately be operated is subject to change.

Effective April 1, 2015, we reorganized our global operations from five business units to four regions as follows: Africa, Americas, Asia Pacific and Europe Caspian.

The Africa region will comprise all our operations and affiliates on the African continent, including Nigeria, Tanzania and Egypt.

The Americas region will comprise all our operations and affiliates in North America and South America, including Brazil, Canada, Trinidad and the U.S. Gulf of Mexico.

The Asia Pacific region will comprise all our operations and affiliates in Australia and Southeast Asia, including Malaysia and Sakhalin.

The Europe Caspian region will comprise all our operations and affiliates in Europe and Central Asia, including Norway, the U.K. and Turkmenistan.

We will present our historical business unit operating results based on the new region structure beginning with our Quarterly Report for the quarter ending June 30, 2015.

During fiscal year 2015, we conducted operations in over 20 countries. Due to the nature of our principal assets, aircraft are regularly and routinely moved between operating areas (both domestic and foreign) to meet changes in market and operating conditions. During fiscal years 2015, 2014 and 2013 the aggregate activities of one major integrated oil and gas company accounted for 12%, 13% and 13%, respectively, of our consolidated gross revenue. No other client accounted for 10% or more of our consolidated gross revenue during those periods. During fiscal year 2015, our top ten clients accounted for 58.1% of consolidated gross revenue.