Business Segment Information

3 Months Ended

Mar. 31, 2019

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 March 31,
	2019		2018
Revenue:
BSI	$	416.8	$	387.0
BEST		47.8		45.6
Eliminations (a)		(3.2)		(0.9)
Total revenue	$	461.4	$	431.7
Operating Income (loss)
BSI	$	38.6	$	35.7
BEST		3.1		2.2
Corporate, eliminations and other (b)		0.2		0.2
Total operating income	$	41.9	$	38.1

(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):

	March 31,		December 31,
	2019		2018
Assets:
BSI	$	2,192.8	$	2,100.6
BEST		53.7		33.2
Eliminations and other (a)		(4.0)		(5.2)
Total assets	$	2,242.5	$	2,128.6

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