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Segment Information
 9 Months Ended
Feb. 28, 2014
Segment Reporting [Abstract]  
Segment Information
SEGMENT INFORMATION

General Information

We operate in two reportable segments, North America merchant services and International merchant services. The merchant services segments primarily offer processing solutions for credit cards, debit cards, and check-related services.

Information About Profit and Assets

We evaluate performance and allocate resources based on the operating income of each segment. The operating income of each segment includes the revenues of the segment less those 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 expense and income and income tax expense are not allocated to the individual segments. We do not evaluate performance or allocate resources using segment asset data. The accounting policies of the reportable segments are the same as those described in the Summary of Significant Accounting Policies in Note 1.

Information on segments, including revenue by geographic distribution within segments, and reconciliations to consolidated revenues and consolidated operating income are as follows for the three and nine months ended February 28, 2014 and February 28, 2013:

 
Three Months Ended
 
Nine Months Ended
 
February 28, 2014
 
February 28, 2013
 
February 28, 2014
 
February 28, 2013
 
(in thousands)
 
 
 
 
 
 
 
 
Revenues:
 
 
 
 
 
 
 
United States
$
355,880

 
$
336,354

 
$
1,081,506

 
$
1,022,250

Canada
73,467

 
72,218

 
245,379

 
233,885

   North America merchant services
429,347

 
408,572

 
1,326,885

 
1,256,135

 
 
 
 
 
 
 
 
Europe
143,832

 
130,750

 
433,886

 
390,376

Asia-Pacific
43,273

 
39,424

 
119,488

 
111,060

   International merchant services
187,105

 
170,174

 
553,374

 
501,436

 Consolidated revenues
$
616,452

 
$
578,746

 
$
1,880,259

 
$
1,757,571

 
 
 
 
 
 
 
 
Operating income (loss) for segments:
 
 
 
 
 
 
 
North America merchant services
$
61,695

 
$
55,478

 
$
201,831

 
$
189,809

International merchant services
58,077

 
51,820

 
182,085

 
162,947

Corporate (1)
(22,481
)
 
(16,524
)
 
(67,334
)
 
(64,912
)
     Consolidated operating income
$
97,291

 
$
90,774

 
$
316,582

 
$
287,844

 
 
 
 
 
 
 
 
Depreciation and amortization:
 
 
 
 
 
 
 
North America merchant services
$
14,422

 
$
14,267

 
$
41,488

 
$
36,092

International merchant services
13,790

 
15,147

 
40,934

 
43,004

Corporate
1,594

 
1,478

 
4,776

 
3,851

Consolidated depreciation and amortization
$
29,806

 
$
30,892

 
$
87,198

 
$
82,947


(1) Includes a processing system intrusion credit of $1.2 million for the three months ended February 28, 2013. Includes a processing system intrusion credit of $7.0 million and a charge of $8.3 million for the nine months ended February 28, 2014 and February 28, 2013, respectively.

Our results of operations and our financial condition are not significantly reliant upon any single customer.