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Segment Information
 9 Months Ended
Sep. 30, 2016
Segment Reporting [Abstract]  
Segment Information
Segment Information
Beginning in the fourth quarter of 2015, in conjunction with our accelerated wind-down of the Company's Legacy Businesses, the Company changed the manner in which it evaluates the operations of the Company and makes decisions around the allocation of resources. The Company operated in three reportable segments as of December 31, 2015: "Storage Media and Accessories" (also referred to as our "Legacy Businesses"); "IronKey"; and "Nexsan". We sold our IronKey business in February 2016 and have substantially completed the wind-down of the Legacy Businesses as of March 31, 2016. Both former segments are presented in our Condensed Consolidated Statements of Operations as discontinued operations and are not included in segment results for all periods presented. See Note 4 - Discontinued Operations for further information on these divestitures. Nexsan is our only remaining reportable segment as of September 30, 2016.
We evaluate segment performance based on revenue and operating income (loss). The operating income (loss) reported in our segments excludes corporate and other unallocated amounts. Although such amounts are excluded from the business segment results, they are included in reported consolidated results. The corporate and unallocated operating loss includes costs which are not allocated to the business segments in management's evaluation of segment performance such as litigation settlement expense, corporate expense and other expenses.
Net revenue and operating income (loss) from continuing operations by segment were as follows:
 
 
Three Months Ended
 
Nine Months Ended
 
 
September 30,
 
September 30,
(In millions)
 
2016
 
2015
 
2016
 
2015
Net revenue
 
 
 
 
 
 
 
 
Nexsan
 
$
11.5

 
$
14.5

 
$
32.8

 
$
47.1

Total net revenue
 
$
11.5

 
$
14.5

 
32.8

 
$
47.1


 
 
Three Months Ended
 
Nine Months Ended
 
 
September 30,
 
September 30,
(In millions)
 
2016
 
2015
 
2016
 
2015
Operating income (loss) from continuing operations
 
 
 
 
 
 
 
 
Nexsan
 
$
(4.3
)
 
$
(7.3
)
 
$
(14.3
)
 
$
(20.4
)
Total segment operating loss
 
(4.3
)
 
(7.3
)
 
(14.3
)
 
(20.4
)
Corporate and unallocated
 
(2.1
)
 
(6.2
)
 
(8.5
)
 
(20.0
)
Restructuring and other
 
(1.3
)
 
(90.8
)
 
(7.1
)
 
(92.3
)
Total operating loss
 
(7.7
)
 
(104.3
)
 
(29.9
)
 
(132.7
)
Interest income
 
—

 
(0.1
)
 
(0.2
)
 
(0.3
)
Interest expense
 
—

 
0.5

 
—

 
1.4

Short term investment (income) loss
 
—

 
—

 
0.3

 
—

Other, net expense
 
(0.2
)
 
0.1

 
0.5

 
0.5

Loss from continuing operations before income taxes
 
$
(7.5
)
 
$
(104.8
)
 
$
(30.5
)
 
$
(134.3
)