Business Segment Information

3 Months Ended

Mar. 31, 2012

Business Segment Information

Business Segment Information

16.Business Segment Information

The Company has determined that it has five operating segments based on the information reviewed by the Chief Operating Decision Maker, representing each of its five divisions: Bruker BioSpin, Bruker Daltonics, Bruker MAT, Bruker Optics and Bruker Energy & Supercon Technologies. Bruker BioSpin is in the business of designing, manufacturing and distributing enabling life science tools based on magnetic resonance technology. Bruker Daltonics is in the business of manufacturing and distributing mass spectrometry and gas chromatography instruments that can be integrated and used along with other analytical instruments and the Company’s CBRNE detection products. Bruker MAT is in the business of manufacturing and distributing advanced X-ray, spark-optical emission spectroscopy, atomic force microscopy and stylus and optical metrology instrumentation used in non-destructive molecular and elemental analysis. Bruker Optics is in the business of manufacturing and distributing research, analytical and process analysis instruments and solutions based on infrared and Raman molecular spectroscopy technologies. Bruker Energy & Supercon Technologies is in the business of developing and producing low temperature superconductor and high temperature superconductor materials for use in advanced magnet technology and energy applications as well as linear accelerators, accelerator cavities, insertion devices, superconducting fault current limiters, other accelerator components and specialty superconducting magnets for physics and energy research and a variety of other scientific applications.

The Company’s reportable segments are organized by the types of products and services provided. The Company has combined the Bruker BioSpin, Bruker Daltonics, Bruker MAT and Bruker Optics operating segments into the Scientific Instruments reporting segment because each has similar economic characteristics, product processes and services, types and classes of customers, methods of distribution and regulatory environments.

Management evaluates segment operating performance and allocates resources based on operating income (loss). The Company uses this measure because it helps provide an understanding of its core operating results. Selected business segment information is presented below (in millions):

	Three Months Ended March 31,
	2012			2011
Revenue:
Scientific Instruments	$	378.1		$	335.8
Energy & Supercon Technologies	30.0			24.0
Eliminations (a)	(2.5		)	(2.8		)
Total revenue	$	405.6		$	357.0
Operating Income (Loss):
Scientific Instruments	$	35.1		$	27.7
Energy & Supercon Technologies	(0.3		)	(0.7		)
Corporate, eliminations and other (b)	(0.4		)	(1.3		)
Total operating income	34.4			25.7
Interest and other income (expense), net	(7.5		)	(5.0		)
Income before income taxes and noncontrolling interest in consolidated subsidiaries	$	26.9		$	20.7

(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 are as follows (in millions):

	March 31,			December 31,
	2012			2011
Assets:
Scientific Instruments	$	1,759.0		$	1,675.0
Energy & Supercon Technologies	112.2			104.4
Eliminations and other (a)	(73.9		)	(68.9		)
Total assets	$	1,797.3		$	1,710.5

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