Business Segment Information

3 Months Ended

Mar. 31, 2017

Business Segment Information

Business Segment Information

16.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,
	2017			2016
Revenue:
BSI	$	346.4		$	350.4
BEST	40.1			27.2
Eliminations (a)	(1.6		)	(2.2		)
Total revenue	$	384.9		$	375.4
Operating Income
BSI	$	38.1		$	33.0
BEST	(0.5		)	—
Corporate, eliminations and other (b)	—			1.0
Total operating income	$	37.6		$	34.0

(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,
	2017			2016
Assets:
BSI	$	1,806.4		$	1,779.8
BEST	36.5			36.0
Eliminations and other (a)	(3.0		)	(7.4		)
Total assets	$	1,839.9		$	1,808.4

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