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Business Segment Information (Tables)
9 Months Ended
Sep. 30, 2022
Segment Reporting [Abstract]  
Schedule of Revenue, Operating Income and Total Assets by Reportable Segment

Revenue and operating income by reportable segment are presented below (in millions):

 

 

 

Three Months Ended September 30,

 

 

Nine Months Ended September 30,

 

 

 

2022

 

 

2021

 

 

2022

 

 

2021

 

Revenue:

 

 

 

 

 

 

 

 

 

 

 

 

BSI Life Science

 

$

383.2

 

 

$

380.7

 

 

$

1,094.3

 

 

$

1,074.3

 

BSI Nano

 

 

199.1

 

 

 

174.9

 

 

 

559.8

 

 

 

504.6

 

BEST

 

 

59.3

 

 

 

57.0

 

 

 

178.2

 

 

 

166.0

 

Eliminations (a)

 

 

(2.7

)

 

 

(3.7

)

 

 

(10.0

)

 

 

(10.5

)

Total revenue

 

$

638.9

 

 

$

608.9

 

 

$

1,822.3

 

 

$

1,734.4

 

Operating income (loss):

 

 

 

 

 

 

 

 

 

 

 

 

BSI Life Science

 

$

104.2

 

 

$

100.9

 

 

$

260.3

 

 

$

263.4

 

BSI Nano

 

 

35.3

 

 

 

21.8

 

 

 

72.2

 

 

 

55.1

 

BEST

 

 

8.2

 

 

 

7.4

 

 

 

21.4

 

 

 

18.3

 

Corporate, eliminations and other (b)

 

 

(16.4

)

 

 

(16.9

)

 

 

(52.2

)

 

 

(48.9

)

Total operating income

 

$

131.3

 

 

$

113.2

 

 

$

301.7

 

 

$

287.9

 

(a)
Represents product and service revenue between reportable segments.
(b)
Represents corporate costs and eliminations not allocated to the reportable segments.

Total assets by reportable segment are as follows (in millions):

 

 

 

September 30,
2022

 

 

December 31,
2021

 

Assets:

 

 

 

 

 

 

BSI Life Science, BSI Nano & Corporate

 

$

3,254.0

 

 

$

3,560.5

 

BEST

 

 

89.0

 

 

 

97.9

 

Eliminations and other (a)

 

 

(6.1

)

 

 

(8.4

)

Total assets

 

$

3,336.9

 

 

$

3,650.0

 

Assets not allocated to the reportable segments and eliminations of intercompany transactions.