Business Segment Information

6 Months Ended

Jun. 30, 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 June 30,						Six Months Ended June 30,
	2016			2015			2016			2015
Revenue:
BSI	$	345.7		$	366.2		$	696.1		$	693.7
BEST	28.5			30.8			55.7			58.3
Eliminations (a)	(2.5		)	(1.0		)	(4.7		)	(2.5		)
Total revenue	$	371.7		$	396.0		$	747.1		$	749.5
Operating Income
BSI	$	18.9		$	28.7		$	51.9		$	42.4
BEST	1.4			2.6			1.4			3.6
Corporate, eliminations and other (b)	0.1			0.3			1.1			0.8
Total operating income	$	20.4		$	31.6		$	54.4		$	46.8

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

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

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

	June 30,			December 31,
	2016			2015
Assets:
BSI	$	1,704.2		$	1,714.4
BEST	19.3			79.1
Eliminations and other (a)	(3.0		)	(63.5		)
Total assets	$	1,720.5		$	1,730.0

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