Segment Information

3 Months Ended

Nov. 30, 2021

Segment Reporting [Abstract]

Segment Information

SEGMENT INFORMATION

Operating segments are defined as components of an enterprise that have the following characteristics: (i) they engage in business activities from which they may earn revenues and incur expenses, (ii) their operating results are regularly reviewed by the chief operating decision maker ("CODM") for resource allocation decisions and performance assessment, and (iii) their discrete financial information is available. At FactSet, our Chief Executive Officer functions as our CODM.

Our operating segments are consistent with our reportable segments and are how we, including our CODM, manage our business and the geographic markets in which we serve. Our internal financial reporting structure is based on three segments: the Americas; EMEA; and Asia Pacific.

The Americas segment serves our clients throughout North, Central, and South America. The EMEA segment serves our clients in Europe, the Middle East, and Africa. The Asia Pacific segment serves our clients in Asia and Australia. Segment revenues reflect sales to clients based in these respective geographic locations.

Each segment records expenses related to its individual operations with the exception of expenditures associated with our data centers, third-party data costs and corporate headquarters charges, which are recorded by the Americas segment and are not allocated to the other segments. The content collection centers, located in India, the Philippines and Latvia, benefit all our segments, and the expenses incurred at these locations are allocated to each segment based on a percentage of revenues.

The following tables reflect the results of operations of our segments as of November 30, 2021 and November 30, 2020:

(in thousands)	Americas		EMEA		Asia Pacific		Total
For the three months ended November 30, 2021
Revenues	$	266,913	$	115,003	$	42,809	$	424,725
Operating income	$	55,498	$	40,654	$	26,509	$	122,661
Capital expenditures	$	7,203	$	110	$	1,270	$	8,583
(in thousands)
For the three months ended November 30, 2020
Revenues	$	244,337	$	105,777	$	38,092	$	388,206
Operating income	$	56,376	$	40,634	$	24,021	$	121,031
Capital expenditures	$	9,560	$	319	$	8,454	$	18,333

The following table reflects the total assets for our segments:

Segment Assets (in thousands)	November 30, 2021		August 31, 2021
Americas	$	1,320,322	$	1,144,693
EMEA	698,779		842,652
Asia Pacific	235,263		237,595
Total assets	$	2,254,364	$	2,224,940