Business Segment Information

6 Months Ended

Apr. 02, 2016

Business Segment Information [Abstract]

Business Segment Information

NOTE 8BUSINESS SEGMENT INFORMATION

Our Chief Executive Officer (the Chief Operating Decision Maker) regularly reviews financial information for our two operating segments, Test and Sensors. Test provides testing equipment, systems and services to the ground vehicles, materials and structures markets. Sensors provides high-performance position sensors for a variety of industrial and mobile hydraulic applications.

In evaluating each segment's performance, our Chief Executive Officer focuses on income from operations. This measure excludes interest income and expense, income taxes and other non-operating items. Corporate expenses, including costs associated with various support functions such as human resources, information technology, legal, finance and accounting and general and administrative costs are allocated to the reportable segments on the basis of revenue.The accounting policies of the reportable segments are the same as those described in Note 1 to the Consolidated Financial Statements found in our Annual Report on Form 10-K for the fiscal year ended October 3, 2015.  

Financial information by reportable segment was as follows:

	Three Months Ended				Six Months Ended
		April 2,		March 28,		April 2,		March 28,
(in thousands)		2016		2015		2016		2015
Revenue
Test	$	113,797	$	118,737	$	232,607	$	236,822
Sensors		23,301		25,218		44,992		49,717
Total revenue	$	137,098	$	143,955	$	277,599	$	286,539
Income from Operations
Test	$	1,715	$	13,141	$	12,102	$	25,117
Sensors		2,656		4,614		5,870		8,449
Total income from operations	$	4,371	$	17,755	$	17,972	$	33,566