Business Segment Information

12 Months Ended

Dec. 31, 2021

Segment Reporting [Abstract]

Business Segment Information

22. Business Segment Information

The Company has three reportable segments, BSI Life Science, BSI Nano and BEST, as discussed in Note 1 to the consolidated financial statements.

Selected reportable segment information is presented below (in millions):

	2021			2020			2019
Revenue:
BSI Life Science	$	1,510.6		$	1,253.9		$	1,244.9
BSI Nano		697.5			556.1			632.7
BEST		223.8			189.5			209.9
Eliminations (a)		(14.0	)		(12.0	)		(14.9	)
Total revenue	$	2,417.9		$	1,987.5		$	2,072.6
Operating Income:
BSI Life Science	$	385.4		$	273.8		$	290.3
BSI Nano		73.4			23.6			40.4
BEST		22.2			6.2			16.4
Corporate, eliminations and other (b)		(67.7	)		(55.3	)		(46.2	)
Total operating income	$	413.3		$	248.3		$	300.9

(a) Represents product and service revenue between reportable segments.

(b) Represents corporate costs and eliminations not allocated to the reportable segments.

Total assets by segment are as follows (in millions):

	2021			2020
Assets:
BSI Life Science, BSI Nano & Corporate	$	3,560.5		$	2,964.5
BEST		97.9			88.7
Eliminations and other (a)		(8.4	)		(4.2	)
Total assets	$	3,650.0		$	3,049.0

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

The Company is unable, without unreasonable effort or expense to disclose the amount of total assets by the BSI Life Science and BSI Nano Segments as well as the Corporate function and further, the Company’s chief operating decision maker does not receive any asset information by operating segment.

Total capital expenditures and depreciation and amortization by segment are presented below (in millions):

	2021		2020		2019
Capital Expenditures:
BSI Life Science	$	61.3	$	59.1	$	44.4
BSI Nano		16.8		10.6		18.5
Corporate		4.7		17.4		4.7
BEST		9.2		10.1		5.4
Total capital expenditures	$	92.0	$	97.2	$	73.0

Depreciation and Amortization:
BSI Life Science	$	41.1	$	35.0	$	30.5
BSI Nano		37.4		35.7		35.9
Corporate		4.3		4.0		3.8
BEST		6.3		5.7		5.4
Total depreciation and amortization	$	89.1	$	80.4	$	75.6

Revenue and long-lived assets (including property, plant and equipment, net and operating lease right of use assets) by geographical area are as follows (in millions):

	2021		2020		2019
Revenue:
United States	$	601.0	$	455.9	$	529.8
Germany		262.6		244.9		213.6
Rest of Europe		658.1		519.8		505.2
Asia Pacific		729.1		629.1		651.0
Other		167.1		137.8		173.0
Total revenue	$	2,417.9	$	1,987.5	$	2,072.6

	2021		2020		2019
Long-lived assets:
United States	$	51.3	$	61.3	$	53.2
Germany		244.0		227.8		175.1
Rest of Europe		141.5		144.7		118.3
Asia Pacific		22.6		22.1		16.4
Other		6.6		7.1		8.7
Total long-lived assets	$	466.0	$	463.0	$	371.7