SEGMENT AND GEOGRAPHIC INFORMATION

12 Months Ended

Dec. 25, 2021

Segment Reporting [Abstract]

SEGMENT AND GEOGRAPHIC INFORMATION

SEGMENT AND GEOGRAPHIC INFORMATIONThe Company’s three reportable segments are Research Models and Services (RMS), Discovery and Safety Assessment (DSA), and Manufacturing Solutions (Manufacturing). 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:

	2021		2020		2019
	(in thousands)
RMS
Revenue	$	690,437	$	571,152	$	537,089
Operating income	166,814		102,706		133,912
Depreciation and amortization	39,123		37,080		19,197
Capital expenditures	61,188		29,487		26,989
DSA
Revenue	$	2,107,231	$	1,837,428	$	1,618,995
Operating income	406,978		325,959		258,903
Depreciation and amortization	177,254		168,922		151,139
Capital expenditures	101,477		105,653		86,843
Manufacturing
Revenue	$	742,492	$	515,353	$	465,142
Operating income	246,390		181,494		145,420
Depreciation and amortization	46,195		25,904		23,584
Capital expenditures	58,877		26,287		23,617

The following tables present reconciliations of segment operating income, depreciation and amortization, and capital expenditures to the respective consolidated amounts:

	Operating Income						Depreciation and Amortization
	2021		2020		2019		2021		2020		2019
	(in thousands)
Total reportable segments	$	820,182	$	610,159	$	538,235	$	262,572	$	231,906	$	193,920
Unallocated corporate	(230,320)		(177,430)		(187,084)		2,968		3,018		4,175
Total consolidated	$	589,862	$	432,729	$	351,151	$	265,540	$	234,924	$	198,095

	Capital Expenditures
	2021		2020		2019
	(in thousands)
Total reportable segments	$	221,542	$	161,427	$	137,449
Unallocated corporate	7,230		5,133		3,065
Total consolidated	$	228,772	$	166,560	$	140,514

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

	2021		2020		2019
	(in thousands)
RMS	$	690,437	$	571,152	$	537,089
DSA	2,107,231		1,837,428		1,618,995
Manufacturing	742,492		515,353		465,142
Total revenue	$	3,540,160	$	2,923,933	$	2,621,226

A summary of unallocated corporate expense consists of the following:

	2021		2020		2019
	(in thousands)
Stock-based compensation	$	43,018	$	34,111	$	37,855
Compensation, benefits, and other employee-related expenses	92,459		73,814		73,893
External consulting and other service expenses	25,374		26,561		16,639
Information technology	18,450		18,912		16,080
Depreciation	2,968		3,018		4,175
Acquisition and integration	30,370		13,995		26,877
Other general unallocated corporate	17,681		7,019		11,565
Total unallocated corporate expense	$	230,320	$	177,430	$	187,084

Other general unallocated corporate expense consists of costs 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		Asia Pacific		Other		Consolidated
	(in thousands)
2021
Revenue	$	1,934,404	$	1,036,465	$	339,098	$	222,902	$	7,291	$	3,540,160
Long-lived assets	755,400		323,405		145,274		64,864		2,125		1,291,068
2020
Revenue	$	1,627,149	$	829,312	$	306,259	$	155,086	$	6,127	$	2,923,933
Long-lived assets	627,871		286,229		145,410		62,931		1,917		1,124,358
2019
Revenue	$	1,471,097	$	726,421	$	271,987	$	146,218	$	5,503	$	2,621,226
Long-lived assets	602,654		253,665		127,495		60,213		101		1,044,128

Included in the Other category above are operations located in Brazil and Israel. Revenue represents sales originating in entities physically located in the identified geographic area. Long-lived assets consist of property, plant, and equipment, net.