XML 41 R30.htm IDEA: XBRL DOCUMENT v3.21.2
SEGMENT INFORMATION (Tables)
 9 Months Ended
Sep. 25, 2021
Segment Reporting [Abstract]  
Schedule of Revenue and Other Financial Information by Business Segment The following table presents revenue and other financial information by reportable segment:
Three Months EndedNine Months Ended
September 25, 2021September 26, 2020September 25, 2021September 26, 2020
(in thousands)
RMS  
Revenue$171,258 $151,910 $524,862 $414,455 
Operating income39,111 37,108 126,626 68,325 
Depreciation and amortization9,927 9,455 29,450 27,333 
Capital expenditures18,026 3,552 29,521 15,585 
DSA
Revenue$531,823 $461,177 $1,573,095 $1,342,424 
Operating income116,548 90,348 312,011 234,872 
Depreciation and amortization44,072 42,707 132,268 125,138 
Capital expenditures23,270 15,532 60,783 46,436 
Manufacturing
Revenue$192,856 $130,213 $537,153 $376,064 
Operating income48,563 48,246 154,717 132,288 
Depreciation and amortization13,953 6,655 34,474 19,257 
Capital expenditures13,296 5,787 34,008 13,985 
Reconciliation of Segment Operating Income to Consolidated Operating Income
Reconciliations of segment operating income, depreciation and amortization, and capital expenditures to the respective consolidated amounts are as follows:
Operating IncomeDepreciation and AmortizationCapital Expenditures
September 25, 2021September 26, 2020September 25, 2021September 26, 2020September 25, 2021September 26, 2020
(in thousands)
Three Months Ended:
Total reportable segments$204,222 $175,702 $67,952 $58,817 $54,592 $24,871 
Unallocated corporate(48,420)(42,949)734 763 944 1,314 
Total consolidated$155,802 $132,753 $68,686 $59,580 $55,536 $26,185 
Nine Months Ended:
Total reportable segments$593,354 $435,485 $196,192 $171,728 $124,312 $76,006 
Unallocated corporate (176,299)(131,683)2,107 2,320 5,685 2,700 
Total consolidated$417,055 $303,802 $198,299 $174,048 $129,997 $78,706 
Revenue Disaggregated by Products and Services and Geographic Area
The following table disaggregates the Company’s revenue by major business line and timing of transfer of products or services:

Three Months EndedNine Months Ended
September 25, 2021September 26, 2020September 25, 2021September 26, 2020
(in thousands)
Timing of Revenue Recognition:
RMS
Services and products transferred over time$65,805 $60,225 $197,035 $177,623 
Services and products transferred at a point in time105,453 91,685 327,827 236,832 
Total RMS revenue171,258 151,910 524,862 414,455 
DSA
Services and products transferred over time531,637 460,821 1,571,895 1,341,832 
Services and products transferred at a point in time186 356 1,200 592 
Total DSA revenue531,823 461,177 1,573,095 1,342,424 
Manufacturing
Services and products transferred over time93,473 47,457 240,015 126,088 
Services and products transferred at a point in time99,383 82,756 297,138 249,976 
Total Manufacturing revenue192,856 130,213 537,153 376,064 
Total revenue$895,937 $743,300 $2,635,110 $2,132,943 
Revenue for each significant product or service offering is as follows:
 Three Months EndedNine Months Ended
September 25, 2021September 26, 2020September 25, 2021September 26, 2020
(in thousands)
RMS$171,258 $151,910 $524,862 $414,455 
DSA531,823 461,177 1,573,095 1,342,424 
Manufacturing192,856 130,213 537,153 376,064 
Total revenue$895,937 $743,300 $2,635,110 $2,132,943 
Revenue by geographic area is as follows:
U.S.EuropeCanadaAsia PacificOtherConsolidated
(in thousands)
Three Months Ended:
September 25, 2021$493,564 $258,353 $85,252 $56,607 $2,161 $895,937 
September 26, 2020406,975 214,194 78,995 41,553 1,583 743,300 
Nine Months Ended:
September 25, 2021$1,433,665 $771,594 $252,924 $171,186 $5,741 $2,635,110 
September 26, 20201,196,605 595,391 227,171 109,347 4,429 2,132,943 
Summary of Unallocated Corporate Overhead
A summary of unallocated corporate expense consists of the following:
Three Months EndedNine Months Ended
September 25, 2021September 26, 2020September 25, 2021September 26, 2020
(in thousands)
Stock-based compensation$13,258 $10,116 $31,317 $25,023 
Compensation, benefits, and other employee-related expenses17,249 20,812 70,535 63,541 
External consulting and other service expenses6,670 3,088 20,327 10,474 
Information technology
4,074 4,937 12,286 12,888 
Depreciation734 763 2,107 2,320 
Acquisition and integration3,392 2,124 28,988 9,976 
Other general unallocated corporate3,043 1,109 10,739 7,461 
Total unallocated corporate expense$48,420 $42,949 $176,299 $131,683