Segment Information

3 Months Ended

Dec. 31, 2014

Segment Reporting [Abstract]

Segment Information

Segment Information

The Company reports financial results in three segments: Brooks Product Solutions, Brooks Global Services and Brooks Life Science Systems. A description of segments is included in the 2014 Annual Report on Form 10-K, included in Note 18.

The Company evaluates the performance of, and allocates resources to, each of its segments based on their revenues, operating income (loss) and returns on invested assets. Operating income (loss) for each segment includes selling, general and administrative expenses directly attributable to the segment. Other unallocated corporate expenses, amortization of acquired intangible assets (excluding completed technology) and restructuring and other charges are excluded from the segments’ operating income (loss). The Company’s indirect overhead costs, which include various general and administrative expenses, are allocated among the segments based upon multiple cost drivers associated with the respective administrative function, including segment revenue, segment headcount, or an analysis of the segments that benefit from a specific administrative function. Segment assets exclude cash, cash equivalents, marketable securities, deferred tax assets and equity method investments.

Financial information for the Company’s business segments, excluding amounts related to the discontinued operations, is as follows (in thousands):

	Brooks Product Solutions		Brooks Global Services		Brooks Life Science Systems			Total
Three months ended December 31, 2014
Revenue
Product	$	82,856	$	4,108	$	12,766		$	99,730
Services	—		19,089		3,917			23,006
	$	82,856	$	23,197	$	16,683		$	122,736
Gross profit	$	26,922	$	8,463	$	3,703		$	39,088
Segment operating income (loss)	$	462	$	3,553	$	(5,516	)	$	(1,501	)
Three months ended December 31, 2013
Revenue
Product	$	81,556	$	3,439	$	8,135		$	93,130
Services	—		19,880		4,062			23,942
	$	81,556	$	23,319	$	12,197		$	117,072
Gross profit	$	28,501	$	7,825	$	4,565		$	40,891
Segment operating income (loss)	$	4,328	$	2,843	$	(3,475	)	$	3,696
Assets
December 31, 2014	$	246,542	$	54,809	$	117,559		$	418,910
September 30, 2014	$	252,944	$	58,678	$	103,498		$	415,120

A reconciliation of the Company’s reportable segment operating income (loss) to the corresponding consolidated amounts for the three months ended December 31, 2014 and 2013 is as follows (in thousands):

	Three months ended December 31,
	2014			2013
Segment operating income (loss)	$	(1,501	)	$	3,696
Amortization of acquired intangible assets	1,912			1,456
Restructuring and other charges	2,668			747
Other unallocated corporate expenses	399			35
Total operating income (loss)	$	(6,480	)	$	1,458

A reconciliation of the Company’s reportable segment assets to the corresponding consolidated amounts as of December 31, 2014 and September 30, 2014 is as follows (in thousands):

	December 31, 2014		September 30, 2014
Segment assets	$	418,910	$	415,120
Cash, cash equivalents and marketable securities	218,695		245,456
Deferred tax assets	90,487		86,572
Equity method investments	27,197		28,944
Other unallocated corporate net assets	1,858		1,946
Total assets	$	757,147	$	778,038