Business Segment Information

3 Months Ended

Mar. 31, 2018

Business Segment Information

Business Segment Information

18.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,
	2018			2017
Revenue:
BSI	$	387.0		$	346.4
BEST	45.6			40.1
Eliminations (a)	(0.9		)	(1.6		)
Total revenue	$	431.7		$	384.9
Operating Income (loss)
BSI	$	35.7		$	38.1
BEST	2.2			(0.5		)
Corporate, eliminations and other (b)	0.2			—
Total operating income	$	38.1		$	37.6

(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,
	2018			2017
Assets:
BSI	$	1,796.6		$	1,917.8
BEST	36.7			35.6
Eliminations and other (a)	(2.8		)	(4.9		)
Total assets	$	1,830.5		$	1,948.5

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