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Business Segment Information
 6 Months Ended
Jun. 30, 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 June 30,

 

Six Months Ended June 30,

 

 

 

2018

 

2017

 

2018

 

2017

 

Revenue:

 

 

 

 

 

 

 

 

 

BSI

 

$
402.4

 

$
362.5

 

$
789.4

 

$
708.9

 

BEST

 
42.7

 
54.0

 
88.3

 
94.1

 

Eliminations (a)

 
(1.4

)
(1.6

)
(2.3

)
(3.2

)

 

 

 

 

 

 

 

 

 

 

Total revenue

 

$
443.7

 

$
414.9

 

$
875.4

 

$
799.8

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Operating Income (loss)

 

 

 

 

 

 

 

 

 

BSI

 

$
47.2

 

$
32.3

 

$
82.9

 

$
70.4

 

BEST

 
1.7

 
3.0

 
3.9

 
2.5

 

Corporate, eliminations and other (b)

 
(0.1

)

—

 
0.1

 

—

 

 

 

 

 

 

 

 

 

 

 

Total operating income

 

$
48.8

 

$
35.3

 

$
86.9

 

$
72.9

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(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,

 

 

 

2018

 

2017

 

Assets:

 

 

 

 

 

BSI

 

$
1,769.4

 

$
1,917.8

 

BEST

 
40.3

 
35.6

 

Eliminations and other (a)

 
(3.7

)
(4.9

)

 

 

 

 

 

 

Total assets

 

$
1,806.0

 

$
1,948.5

 

 

 

 

 

 

 

 

 

 

(a)

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