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Business Segment Information
9 Months Ended
Sep. 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 (dollars in millions):

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Three Months Ended September 30,

 

Nine Months Ended September 30,

 

    

2018

    

2017

    

2018

    

2017

Revenue:

 

 

 

 

 

 

 

 

 

 

 

 

BSI

 

$

417.1

 

$

390.6

 

$

1,206.5

 

$

1,099.5

BEST

 

 

50.9

 

 

46.1

 

 

139.2

 

 

140.2

Eliminations (a) 

 

 

(1.4)

 

 

(1.1)

 

 

(3.7)

 

 

(4.3)

Total revenue

 

$

466.6

 

$

435.6

 

$

1,342.0

 

$

1,235.4

 

 

 

 

 

 

 

 

 

 

 

 

 

Operating Income (loss)

 

 

 

 

 

 

 

 

 

 

 

 

BSI

 

$

63.6

 

$

44.5

 

$

146.5

 

$

114.9

BEST

 

 

5.4

 

 

1.8

 

 

9.3

 

 

4.3

Corporate, eliminations and other (b) 

 

 

0.1

 

 

5.0

 

 

0.2

 

 

5.0

Total operating income

 

$

69.1

 

$

51.3

 

$

156.0

 

$

124.2


(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 (dollars in millions):

 

 

 

 

 

 

 

 

 

    

September 30,

    

December 31,

 

    

2018

    

2017

Assets:

 

 

 

 

 

 

BSI

 

$

1,854.5

 

$

1,917.8

BEST

 

 

37.8

 

 

35.6

Eliminations and other (a) 

 

 

(3.2)

 

 

(4.9)

Total assets

 

$

1,889.1

 

$

1,948.5


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