SEGMENT AND GEOGRAPHIC INFORMATION

12 Months Ended

Dec. 31, 2016

Segment Reporting [Abstract]

SEGMENT AND GEOGRAPHIC INFORMATION

SEGMENT AND GEOGRAPHIC INFORMATION

The Company revised its reportable segments during fiscal year 2016 to align with its view of the business following its acquisition of WIL Research. See Note 1, “Description of Business and Summary of Significant Accounting Policies.” The Company reported segment results on this basis retrospectively for all comparable prior periods. Asset information on a reportable segment basis is not disclosed as this information is not separately identified and internally reported to the Company’s Chief Operating Decision Maker.

The following table presents revenue and other financial information by reportable segment:

	Fiscal Year
	2016		2015		2014
	(in thousands)
RMS
Revenue	$	494,037	$	470,411	$	503,656
Operating income	136,365		120,973		120,736
Depreciation and amortization	20,853		22,526		27,309
Capital expenditures	11,642		17,398		18,669
DSA
Revenue	$	836,593	$	612,173	$	538,218
Operating income	138,157		121,981		69,749
Depreciation and amortization	71,816		46,812		47,138
Capital expenditures	27,493		30,333		19,759
Manufacturing
Revenue	$	350,802	$	280,718	$	255,788
Operating income	104,543		74,675		79,260
Depreciation and amortization	25,566		18,129		14,295
Capital expenditures	12,247		9,814		15,621

For fiscal years ended 2016, 2015 and 2014, reconciliations of segment operating income and capital expenditures to the respective consolidated amounts are as follows:

	Operating Income									Capital Expenditures
	Fiscal Year									Fiscal Year
	2016			2015			2014			2016		2015		2014
	(in thousands)
Total reportable segments	$	379,065		$	317,629		$	269,745		$	51,382	$	57,545	$	54,049
Unallocated corporate	(141,646		)	(111,180		)	(92,075		)	3,906		5,707		2,876
Total consolidated	$	237,419		$	206,449		$	177,670		$	55,288	$	63,252	$	56,925

Revenue for each significant product or service offering is as follows:

	Fiscal Year
	2016		2015		2014
	(in thousands)
RMS	$	494,037	$	470,411	$	503,656
DSA	836,593		612,173		538,218
Manufacturing	350,802		280,718		255,788
Total revenue	$	1,681,432	$	1,363,302	$	1,297,662

A summary of unallocated corporate overhead consists of the following:

	Fiscal Year
	2016		2015		2014
	(in thousands)
Stock-based compensation expense	$	27,272	$	25,751	$	18,474
Salary, bonus, and fringe	39,189		33,026		30,838
Consulting, audit, and professional services	23,421		15,418		13,431
IT related expenses	13,233		8,400		6,528
Depreciation expense	8,423		7,414		7,703
Acquisition related adjustments	15,608		11,644		6,285
Other general unallocated corporate expenses	14,500		9,527		8,816
Total unallocated corporate overhead costs	$	141,646	$	111,180	$	92,075

Other general unallocated corporate expenses consist of various departmental costs including those associated with departments such as senior executives, corporate accounting, legal, tax, human resources, treasury, and investor relations.

Revenue and long-lived assets by geographic area are as follows:

	U.S.		Europe		Canada		Japan		Other Non-U.S.		Consolidated
	(in thousands)
2016
Revenue	$	850,422	$	520,937	$	194,210	$	46,829	$	69,034	$	1,681,432
Long-lived assets	462,330		177,423		78,866		20,941		16,267		755,827
2015
Revenue	$	659,466	$	435,491	$	172,349	$	40,520	$	55,476	$	1,363,302
Long-lived assets	402,238		159,445		77,535		22,348		16,393		677,959
2014
Revenue	$	588,531	$	446,263	$	163,490	$	49,921	$	49,457	$	1,297,662
Long-lived assets	386,624		153,203		95,272		23,896		17,802		676,797

Included in the other non-U.S. category above are operations located in China, Korea, Australia, Singapore, and India. Revenues represent sales originating in entities physically located in the identified geographic area. Long-lived assets include property, plant, and equipment and other long-lived assets.