XML 35 R24.htm IDEA: XBRL DOCUMENT v3.8.0.1
SEGMENT INFORMATION (Tables)
 9 Months Ended
Sep. 29, 2017
Text Block [Abstract]  
Schedule Of Revenue, Operating Income And Identifiable Assets By Segment
four reportable segments. Operating income is revenue less cost of sales and operating expenses, excluding unallocated corporate expenses, restructuring charges, amortization of purchased intangible assets, stock-based compensation, amortization of acquisition-related inventory step-up, acquisition and divestiture items, and executive transition costs. The identifiable assets that the CODM views by segment are accounts receivable, inventories and goodwill.
 
Reporting Segments
 
Buildings and Infrastructure
 
Geospatial
 
Resources and Utilities
 
Transportation
 
Total
(In millions)
 
 
 
 
 
 
 
 
 
Third Quarter of Fiscal 2017
 
 
 
 
 
 
 
 
 
Revenue
$
214.5

 
$
169.7

 
$
114.4

 
$
171.4

 
$
670.0

Operating income
52.2

 
36.7

 
26.5

 
31.2

 
146.6

       Depreciation expense
1.4

 
1.5

 
0.9

 
1.3

 
5.1

Third Quarter of Fiscal 2016
 
 
 
 
 
 
 
 
 
Revenue
$
189.3

 
$
159.9

 
$
87.5

 
$
147.4

 
$
584.1

Operating income
40.9

 
35.3

 
25.2

 
26.5

 
127.9

       Depreciation expense
1.7

 
1.5

 
0.5

 
1.4

 
5.1

First Three Quarters of Fiscal 2017
 
 
 
 
 
 
 
 
 
Segment revenue
$
625.3

 
$
484.8

 
$
345.3

 
$
490.4

 
$
1,945.8

Operating income
135.3

 
94.8

 
103.5

 
82.2

 
415.8

       Depreciation expense
4.7

 
4.3

 
2.1

 
4.1

 
15.2

First Three Quarters of Fiscal 2016
 
 
 
 
 
 
 
 
 
Segment revenue
$
565.8

 
$
476.0

 
$
300.3

 
$
434.6

 
$
1,776.7

Operating income
102.2

 
89.9

 
90.0

 
70.7

 
352.8

       Depreciation expense
5.4

 
5.0

 
1.5

 
4.0

 
15.9

As of the Third Quarter of Fiscal 2017
 
 
 
 
 
 
 
 
 
Accounts receivable, net
$
117.1

 
$
122.4

 
$
69.7

 
$
98.0

 
$
407.2

Inventories
57.8

 
106.7

 
41.5

 
48.7

 
254.7

Goodwill
705.9

 
415.7

 
317.0

 
850.7

 
2,289.3

As of Fiscal Year End 2016
 
 
 
 
 
 
 
 
 
Accounts receivable, net
$
104.7

 
$
108.3

 
$
65.5

 
$
76.3

 
$
354.8

Inventories
51.3

 
100.4

 
31.0

 
36.1

 
218.8

Goodwill
663.7

 
405.1

 
217.7

 
791.1

 
2,077.6
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: 
 
Third Quarter of
 
First Three Quarters of
 
2017
 
2016
 
2017
 
2016
(In millions)
 
 
 
 
 
 
 
Consolidated segment operating income
$
146.6

 
$
127.9

 
$
415.8

 
$
352.8

Unallocated corporate expense
(23.0
)
 
(17.1
)
 
(61.8
)
 
(54.5
)
Restructuring charges
(1.6
)
 
(4.0
)
 
(7.8
)
 
(11.0
)
Amortization of purchased intangible assets
(40.0
)
 
(37.3
)
 
(109.1
)
 
(117.2
)
Stock-based compensation
(16.1
)
 
(13.3
)
 
(45.0
)
 
(40.0
)
Amortization of acquisition-related inventory step-up
(2.2
)
 
—

 
(2.8
)
 
—

Acquisition and divestiture items
0.3

 
(0.9
)
 
(6.1
)
 
(3.4
)
Executive transition costs
—

 
—

 
—

 
(1.0
)
Consolidated operating income
64.0

 
55.3

 
183.2

 
125.7

Non-operating income (expense), net:
5.6

 
(3.1
)
 
19.6

 
(5.8
)
Consolidated income before taxes
$
69.6

 
$
52.2

 
$
202.8

 
$
119.9