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Business Segment Information (Tables)
3 Months Ended
Mar. 31, 2023
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 March 31,

 

 

2023

 

 

2022

 

Revenue:

 

 

 

 

 

 

BSI BioSpin

 

$

180.3

 

 

$

157.8

 

BSI CALID

 

 

236.7

 

 

 

203.2

 

BSI Nano

 

 

209.6

 

 

 

178.5

 

BEST

 

 

62.2

 

 

 

59.7

 

Eliminations (a)

 

 

(3.5

)

 

 

(4.2

)

Total revenue

 

$

685.3

 

 

$

595.0

 

Operating income (loss):

 

 

 

 

 

 

BSI BioSpin

 

$

47.4

 

 

$

37.8

 

BSI CALID

 

 

57.6

 

 

 

48.1

 

BSI Nano

 

 

29.4

 

 

 

22.3

 

BEST

 

 

8.0

 

 

 

6.6

 

Corporate, eliminations and other (b)

 

 

(19.7

)

 

 

(18.3

)

Total operating income

 

$

122.7

 

 

$

96.5

 

(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):

 

 

March 31,
2023

 

 

December 31,
2022

 

Assets:

 

 

 

 

 

 

BSI BioSpin, BSI CALID, BSI Nano & Corporate

 

$

3,637.6

 

 

$

3,508.4

 

BEST

 

 

169.9

 

 

 

111.1

 

Eliminations and other (a)

 

 

(43.6

)

 

 

(7.7

)

Total assets

 

$

3,763.9

 

 

$

3,611.8

 

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