Business Segment Information

9 Months Ended

Sep. 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 September 30,						Nine Months Ended September 30,
	2014			2013			2014			2013
Revenue:
BSI	$	383.4		$	410.6		$	1,198.8		$	1,198.5
BEST	40.0			32.5			116.2			100.8
Eliminations (a)	(3.6		)	(4.1		)	(14.1		)	(12.0		)
Total revenue	$	419.8		$	439.0		$	1,300.9		$	1,287.3
Operating Income (Loss):
BSI	$	0.8		$	33.8		$	48.5		$	84.0
BEST	3.9			(0.8		)	11.1			6.7
Corporate, eliminations and other (b)	0.2			(1.5		)	1.3			(3.5		)
Total operating income	$	4.9		$	31.5		$	60.9		$	87.2

(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):

	September 30,			December 31,
	2014			2013
Assets:
BSI	$	1,864.9		$	1,925.3
BEST	107.1			146.5
Eliminations and other (a)	(61.4		)	(83.5		)
Total assets	$	1,910.6		$	1,988.3

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