Business Segment Information

6 Months Ended

Jun. 30, 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 June 30,						Six Months Ended June 30,
	2017			2016			2017			2016
Revenue:
BSI	$	362.5		$	345.7		$	708.9		$	696.1
BEST	54.0			28.5			94.1			55.7
Eliminations (a)	(1.6		)	(2.5		)	(3.2		)	(4.7		)
Total revenue	$	414.9		$	371.7		$	799.8		$	747.1
Operating Income
BSI	$	30.5		$	18.9		$	68.6		$	51.9
BEST	3.0			1.4			2.5			1.4
Corporate, eliminations and other (b)	—			0.1			—			1.1
Total operating income	$	33.5		$	20.4		$	71.1		$	54.4

(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,
	2017			2016
Assets:
BSI	$	1,882.3		$	1,779.8
BEST	34.1			36.0
Eliminations and other (a)	(3.5		)	(7.4		)
Total assets	$	1,912.9		$	1,808.4

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