Business Segment Information

6 Months Ended

Jun. 30, 2014

Business Segment Information

Business Segment Information

15. Business Segment Information

The Company has two reporting segments, BSI and BEST, as discussed in Footnote 1 to the condensed consolidated financial statements.

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

	Three Months Ended June 30,						Six Months Ended June 30,
	2014			2013			2014			2013
Revenue:
BSI	$	421.5		$	421.6		$	815.4		$	787.9
BEST	41.4			37.1			76.2			68.3
Eliminations (a)	(5.5		)	(3.8		)	(10.5		)	(7.9		)
Total revenue	$	457.4		$	454.9		$	881.1		$	848.3
Operating Income (Loss):
BSI	$	31.2		$	39.6		$	47.7		$	50.2
BEST	4.4			6.6			7.2			7.5
Corporate, eliminations and other (b)	(0.2		)	(2.7		)	1.1			(2.0		)
Total operating income	$	35.4		$	43.5		$	56.0		$	55.7

(a) Represents product and service revenue between reportable segments.

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

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

	June 30,			December 31,
	2014			2013
Assets:
BSI	$	1,946.0		$	1,925.3
BEST	138.6			146.5
Eliminations and other (a)	(80.7		)	(83.5		)
Total assets	$	2,003.9		$	1,988.3

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