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Business Segment Information (Tables)
12 Months Ended
Dec. 31, 2018
Business Segment Information  
Schedule of revenue, operating income and total assets by reportable segment

 

    Selected business segment information is presented below for the years ended December 31, (in millions):

 

 

 

 

 

 

 

 

 

 

 

 

    

2018

    

2017

    

2016

Revenue:

 

 

 

 

 

 

 

 

 

BSI

 

$

1,707.0

 

$

1,583.9

 

$

1,492.6

BEST

 

 

194.8

 

 

191.2

 

 

130.2

Eliminations (a)

 

 

(6.2)

 

 

(9.2)

 

 

(11.5)

Total revenue

 

$

1,895.6

 

$

1,765.9

 

$

1,611.3

Operating Income:

 

 

 

 

 

 

 

 

 

BSI

 

$

247.9

 

$

213.4

 

$

173.5

BEST

 

 

14.5

 

 

7.4

 

 

6.6

Corporate, eliminations and other (b)

 

 

 —

 

 

(1.3)

 

 

1.7

Total operating income

 

$

262.4

 

$

219.5

 

$

181.8


(a)

Represents product and service revenue between reportable segments.

(b)

Represents corporate costs and eliminations not allocated to the reportable segments.

 

 

    Total assets by segment as of and for the years ended December 31, are as follows (in millions):

 

 

 

 

 

 

 

 

 

    

2018

 

2017

Assets:

 

 

 

 

 

 

BSI

 

$

2,100.6

 

$

1,917.8

BEST

 

 

33.2

 

 

35.6

Eliminations and other (a)

 

 

(5.2)

 

 

(4.9)

Total assets

 

$

2,128.6

 

$

1,948.5


(a)

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

Summary of capital expenditures and depreciation and amortization by segment

Total capital expenditures and depreciation and amortization by segment are presented below for the years ended December 31, (in millions):

 

 

 

 

 

 

 

 

 

 

 

 

    

2018

    

2017

    

2016

Capital Expenditures:

 

 

 

 

 

 

 

 

 

BSI

 

$

42.8

 

$

38.5

 

$

34.6

BEST

 

 

6.4

 

 

5.2

 

 

2.5

Total capital expenditures

 

$

49.2

 

$

43.7

 

$

37.1

Depreciation and Amortization:

 

 

 

 

 

 

 

 

 

BSI

 

$

60.2

 

$

59.8

 

$

51.3

BEST

 

 

4.7

 

 

4.1

 

 

3.0

Total depreciation and amortization

 

$

64.9

 

$

63.9

 

$

54.3

 

Schedule of revenue and property, plant and equipment, net by geographical area

Revenue and property, plant and equipment, net by geographical area as of and for the year ended December 31, are as follows (in millions):

 

 

 

 

 

 

 

 

 

 

 

 

    

2018

    

2017

    

2016

Revenue:

 

 

 

 

 

 

 

 

 

United States

 

$

489.4

 

$

434.7

 

$

428.2

Germany

 

 

201.1

 

 

200.2

 

 

189.5

Rest of Europe

 

 

500.2

 

 

465.0

 

 

393.4

Asia Pacific

 

 

549.2

 

 

514.8

 

 

458.1

Other

 

 

155.7

 

 

151.2

 

 

142.1

Total revenue

 

$

1,895.6

 

$

1,765.9

 

$

1,611.3

 

 

 

 

 

 

 

 

 

 

 

 

 

    

2018

    

2017

    

2016

Property, plant and equipment, net:

 

 

 

 

 

 

 

 

 

United States

 

$

44.1

 

$

46.2

 

$

46.4

Germany

 

 

137.0

 

 

140.9

 

 

122.5

Rest of Europe

 

 

78.7

 

 

71.9

 

 

63.3

Asia Pacific

 

 

6.3

 

 

5.4

 

 

4.4

Other

 

 

4.5

 

 

2.1

 

 

2.5

Total property, plant and equipment, net

 

$

270.6

 

$

266.5

 

$

239.1