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Segment Information
9 Months Ended
Jun. 30, 2016
Segment Information [Abstract]  
Segment Information

(9)Segment Information



The Company is organized into three reportable business segments: Radiation Measurement, Medical Physics and Medical Products.   As disclosed in Note 1 to the Consolidated Financial Statements, Medical Products was divested in May 2016 which resulted in a reduction in revenues and operating income for the three and nine month periods ended June 30, 2016 and the elimination of assets as of June 30, 2016 for the reportable segment.  These segments reflect the manner in which the Company’s businesses are currently managed and represent an aggregation of services and products based on type of customer and how the businesses are marketed.  For more information regarding the nature of the Company’s services and products, see Note 16 of the Notes to Consolidated Financial Statements in the Form 10-K



The following tables summarize financial information for each reportable segment:





 

 

 

 

 

 

 

 

 

 

 

 



 

 

 

 

 

 

 

 

 

 

 

 



 

Three Months Ended

June 30,

 

Nine Months Ended

June 30,

(Unaudited, Dollars in Thousands)

 

2016

 

2015

 

2016

 

2015

Revenues by segment:

 

 

 

 

 

 

 

 

 

 

 

 

Radiation Measurement

 

$

27,492 

 

$

24,143 

 

$

77,716 

 

$

77,880 

Medical Physics

 

 

9,562 

 

 

8,926 

 

 

28,948 

 

 

25,971 

Medical Products

 

 

800 

 

 

2,398 

 

 

5,802 

 

 

7,302 

Consolidated revenues

 

$

37,854 

 

$

35,467 

 

$

112,466 

 

$

111,153 



 

 

 

 

 

 

 

 

 

 

 

 



 

Three Months Ended

June 30,

 

Nine Months Ended

June 30,

(Unaudited, Dollars in Thousands)

 

2016

 

2015

 

2016

 

2015

Operating income (loss) by segment:

 

 

 

 

 

 

 

 

 

 

 

 

Radiation Measurement

 

$

10,294 

 

$

7,604 

 

$

29,161 

 

$

26,402 

Medical Physics

 

 

756 

 

 

1,143 

 

 

2,452 

 

 

2,082 

Medical Products

 

 

141 

 

 

375 

 

 

1,063 

 

 

953 

Corporate

 

 

(3,478)

 

 

(4,011)

 

 

(11,494)

 

 

(12,555)

Consolidated operating income

 

$

7,713 

 

$

5,111 

 

$

21,182 

 

$

16,882 







 

 

 

 

 

 

(Dollars in Thousands)

 

June 30,

2016

 

September 30,

2015

Segment assets:

 

 

 

 

 

 

Radiation Measurement

 

$

161,305 

 

$

142,850 

Medical Physics

 

 

46,241 

 

 

43,677 

Medical Products

 

 

 -

 

 

48,308 

Eliminations

 

 

(12,876)

 

 

(26,091)

Consolidated assets

 

$

194,670 

 

$

208,744