Business Segment Information

3 Months Ended

Mar. 31, 2016

Business Segment Information

Business Segment Information

15.Business Segment Information

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

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

	Three Months Ended March 31,
	2016			2015
Revenue:
BSI	$	350.4		$	327.5
BEST	27.2			27.5
Eliminations (a)	(2.2		)	(1.5		)
Total revenue	$	375.4		$	353.5
Operating Income
BSI	$	33.0		$	13.7
BEST	—			1.0
Corporate, eliminations and other (b)	1.0			0.5
Total operating income	$	34.0		$	15.2

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

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

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

	March 31,			December 31,
	2016			2015
Assets:
BSI	$	1,720.3		$	1,714.4
BEST	79.9			79.1
Eliminations and other (a)	(60.4		)	(63.5		)
Total assets	$	1,739.8		$	1,730.0

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