SEGMENT AND GEOGRAPHIC DISCLOSURES

ASC 280, Segment Reporting, requires we disclose certain information about our operating segments where operating segments are defined as “components of an enterprise about which separate financial information is available that is evaluated regularly by the chief operating decision maker in deciding how to allocate resources and in assessing performance.” We conduct operations in three segments: IHT, MS Group and Quest Integrity Group. Furmanite, which we acquired in the first quarter of 2016 (see Note 3), is included in the MS segment, except that Furmanite’s corporate-related activities are included within corporate and shared support services in the tables below. Discontinued operations are not allocated to the segments.

In July 2018, we announced an organizational restructuring and certain new leadership appointments. The organizational changes include a Product and Service Line organization and an Operations organization. The Product and Service Lines organization is responsible for value positioning and pricing, standardization of best practices, technical training and program development, and technology innovation across Team’s global enterprise. The Operations organization, comprised of cross-segment divisions aligned by major geographic regions, will be responsible for executing product and service delivery in accordance with established Team service line standards, safety and quality protocols. Overall company management and decision-making by our chief operating decision maker continues to be performed according to the structure of the three operating segments (IHT, MS and Quest Integrity). Accordingly, these changes had no effect on our reportable segments.

Segment data for our three operating segments are as follows (in thousands):



	Twelve Months Ended December 31,
	2018		2017		2016
Revenues:
IHT	$	617,378	$	588,441	$	589,478
MS	532,365		529,973		539,627
Quest Integrity	97,186		81,797		67,591
Total	$	1,246,929	$	1,200,211	$	1,196,696



	Twelve Months Ended December 31,
	2018			2017			2016
Operating income (loss):
IHT¹	$	37,329		$	11,128		$	43,367
MS¹	6,323			(33,993		)	27,283
Quest Integrity	20,138			12,337			4,780
Corporate and shared support services	(102,751		)	(104,582		)	(78,548		)
Total	$	(38,961	)	$	(115,110	)	$	(3,118	)

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1	Includes goodwill impairment loss of $21.1 million and $54.1 million for IHT and MS, respectively, for the year ended December 31, 2017.



	Twelve Months Ended December 31,
	2018		2017		2016
Capital expenditures¹:
IHT	$	7,643	$	10,505	$	8,803
MS	11,141		17,791		15,077
Quest Integrity	3,526		3,316		2,007
Corporate and shared support services	3,621		5,186		19,956
Total	$	25,931	$	36,798	$	45,843

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1	Excludes capital leases. Totals may vary from amounts presented in the consolidated statements of cash flows due to the timing of cash payments.



	Twelve Months Ended December 31,
	2018		2017		2016
Depreciation and amortization:
IHT	$	18,810	$	19,279	$	19,853
MS	36,177		23,412		21,387
Quest Integrity	4,285		4,423		5,323
Corporate and shared support services	5,590		5,029		2,110
Total	$	64,862	$	52,143	$	48,673

Separate measures of Team’s assets by operating segment are not produced or utilized by management to evaluate segment performance.

A geographic breakdown of our revenues for the years ended December 31, 2018, 2017 and 2016 and our total long-lived assets as of December 31, 2018, 2017 and 2016 are as follows (in thousands):



	Total Revenues¹		Total Long-lived Assets²
Twelve months ended December 31, 2018
United States	$	908,382	$	298,567
Canada	139,900		4,165
Europe	126,142		20,224
Other foreign countries	72,505		3,210
Total	$	1,246,929	$	326,166
Twelve months ended December 31, 2017
United States	$	871,367	$	330,909
Canada	134,256		5,377
Europe	119,603		22,480
Other foreign countries	74,985		4,614
Total	$	1,200,211	$	363,380
Twelve months ended December 31, 2016
United States	$	889,967	$	348,123
Canada	128,122		5,901
Europe	108,720		20,249
Other foreign countries	69,887		4,962
Total	$	1,196,696	$	379,235

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1Revenues attributable to individual countries/geographic areas are based on the country of domicile of the legal entity that performs the work.

2 Excludes goodwill, intangible assets not being amortized that are to be held and used, financial instruments and deferred tax assets.