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SEGMENT INFORMATION (Tables)
 6 Months Ended
Jul. 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)
 
 
 
 
 
 
 
 
 
Second Quarter of Fiscal 2015
 
 
 
 
 
 
 
 
 
Segment revenue
$
338.5

 
$
87.1

 
$
128.3

 
$
31.9

 
$
585.8

Operating income
60.5

 
24.9

 
18.9

 
11.1

 
115.4

       Depreciation expense
3.5

 
0.3

 
1.3

 
0.2

 
5.3

Second Quarter of Fiscal 2014
 
 
 
 
 
 
 
 
 
Segment revenue
$
368.1

 
$
114.4

 
$
122.9

 
$
36.8

 
$
642.2

Operating income
95.7

 
39.6

 
21.7

 
12.6

 
169.6

       Depreciation expense
3.2

 
0.2

 
1.3

 
0.1

 
4.8

First Two Quarters of Fiscal 2015
 
 
 
 
 
 
 
 
 
Segment revenue
$
637.8

 
$
202.4

 
$
256.5

 
$
71.7

 
$
1,168.4

Operating income
97.5

 
65.5

 
39.4

 
26.3

 
228.7

       Depreciation expense
7.1

 
0.6

 
2.6

 
0.3

 
10.6

First Two Quarters of Fiscal 2014
 
 
 
 
 
 
 
 
 
Segment revenue
$
677.4

 
$
252.6

 
$
241.5

 
$
75.4

 
$
1,246.9

Operating income
156.8

 
93.3

 
39.0

 
24.8

 
313.9

       Depreciation expense
6.3

 
0.4

 
2.5

 
0.3

 
9.5

As of the Second Quarter of Fiscal 2015
 
 
 
 
 
 
 
 
 
Accounts receivable
$
219.4

 
$
48.3

 
$
66.5

 
$
21.3

 
$
355.5

Inventories
196.0

 
44.0

 
24.2

 
16.6

 
280.8

Goodwill
1,154.3

 
106.2

 
804.7

 
22.2

 
2,087.4

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)
 
 
 
 
 
 
 
 
 
Second Quarter of Fiscal 2014
 
 
 
 
 
 
 
 
 
Operating income
$
95.7

 
$
39.6

 
$
21.7

 
$
12.6

 
$
169.6

Previously allocated stock-based compensation
(3.8
)
 
(0.9
)
 
(1.3
)
 
(0.5
)
 
(6.5
)
Previously reported operating income
$
91.9

 
$
38.7

 
$
20.4

 
$
12.1

 
$
163.1

 
 
 
 
 
 
 
 
 
 
First Two Quarters of Fiscal 2014
 
 
 
 
 
 
 
 
 
Operating income
$
156.8

 
$
93.3

 
$
39.0

 
$
24.8

 
$
313.9

Previously allocated stock-based compensation
(7.4
)
 
(1.7
)
 
(2.4
)
 
(1.0
)
 
(12.5
)
Previously reported operating income
$
149.4

 
$
91.6

 
$
36.6

 
$
23.8

 
$
301.4
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: 
 
Second Quarter of
 
First Two Quarters of
 
2015
 
2014
 
2015
 
2014
(Dollars in millions)
 
 
 
 
 
 
 
Consolidated segment operating income
$
115.4

 
$
169.6

 
$
228.7

 
$
313.9

Unallocated corporate expense
(35.8
)
 
(32.6
)
 
(66.1
)
 
(59.2
)
Amortization of purchased intangible assets
(40.8
)
 
(37.8
)
 
(81.5
)
 
(78.4
)
Acquisition costs
(2.8
)
 
(2.0
)
 
(5.6
)
 
(3.4
)
Consolidated operating income
36.0

 
97.2

 
75.5

 
172.9

Non-operating income (expense), net:
(0.2
)
 
1.6

 
4.5

 
14.4

Consolidated income before taxes
$
35.8

 
$
98.8

 
$
80.0

 
$
187.3