SEGMENT INFORMATION (Tables)

3 Months Ended

Apr. 03, 2015

Schedule Of Revenue, Operating Income And Identifiable Assets By Segment

The following table presents revenue, operating income, depreciation expense and identifiable assets for the four segments. Operating income is revenue less cost of sales and operating expense, excluding general corporate expense, amortization of purchased intangible assets, stock-based compensation, amortization of acquisition-related inventory step-up, acquisition costs and restructuring costs. The identifiable assets that the CODM views by segment are accounts receivable, inventories and goodwill.

	Reporting Segments
	Engineering and Construction		Field Solutions		Mobile Solutions		Advanced Devices		Total
(Dollars in millions)
First Quarter of Fiscal 2015
Segment revenue	$	299.3	$	115.3	$	128.2	$	39.8	$	582.6
Operating income	37.0		40.6		20.5		15.2		113.3
Depreciation expense	3.6		0.3		1.3		0.1		5.3
First Quarter of Fiscal 2014
Segment revenue	$	309.3	$	138.2	$	118.6	$	38.6	$	604.7
Operating income	61.1		53.7		17.3		12.2		144.3
Depreciation expense	3.1		0.2		1.2		0.2		4.7
As of the end of First Quarter of Fiscal 2015
Accounts receivable	$	218.7	$	71.8	$	65.7	$	26.8	$	383.0
Inventories	192.8		44.2		15.3		23.7		276.0
Goodwill	1,140.5		94.3		802.5		22.1		2,059.4
As of Fiscal Year End 2014
Accounts receivable	$	227.7	$	51.6	$	62.9	$	19.8	$	362.0
Inventories	185.2		51.0		26.1		15.8		278.1
Goodwill	1,186.0		96.0		796.0		23.2		2,101.2

Reconciliation of Other Significant Reconciling Items from Segments to Consolidated Income Before Income Taxes

	Reporting Segments
	Engineering and Construction			Field Solutions			Mobile Solutions			Advanced Devices			Total
(Dollars in millions)
Operating income	$	61.1		$	53.7		$	17.3		$	12.2		$	144.3
Previously allocated stock-based compensation	(3.6		)	(0.8		)	(1.1		)	(0.5		)	(6.0		)
Previously reported operating income	$	57.5		$	52.9		$	16.2		$	11.7		$	138.3

Reconciliation Of The Company's Consolidated Segment Operating Income To Consolidated Income Before Income Taxes

A reconciliation of the Company’s consolidated segment operating income to consolidated income before income taxes is as follows:

	First Quarter of
	2015			2014
(Dollars in millions)
Consolidated segment operating income	$	113.3		$	144.3
Unallocated corporate expense	(30.3		)	(26.6		)
Amortization of purchased intangible assets	(40.7		)	(40.6		)
Acquisition costs	(2.8		)	(1.4		)
Consolidated operating income	39.5			75.7
Non-operating income, net	4.7			12.8
Consolidated income before taxes	$	44.2		$	88.5