Segment Information

3 Months Ended

Dec. 31, 2016

Segment Reporting [Abstract]

Segment Information

Segment Information

Operating segments are defined as components of an enterprise that engage in business activities for which discrete financial information is available and regularly reviewed by the chief operating decision maker in deciding how to allocate resources and assess performance. The Company's Chief Executive Officer is the Company's chief operating decision maker.

Prior to the third quarter of fiscal year 2016, the Company had three operating and reportable segments that consisted of Brooks Product Solutions, Brooks Global Services and Brooks Life Science Systems. During the third quarter of fiscal year 2016, the Company reorganized its previous reporting structure into two operating and reportable segments consisting of: (i) Brooks Semiconductor Solutions Group; and (ii) Brooks Life Science Systems and reported its financial results for the periods then ended based on the revised segment structure. Please refer to Note 20, "Segment and Geographic Information" to the Company's Consolidated Financial Statements included in the 2016 Annual Report in the Form 10-K for further information on the segments realignment, operating segments' description and accounting policies.

The following is the summary of the financial information for the Company’s operating and reportable segments for the three months ended December 31, 2016 and 2015 (in thousands):

	Brooks Semiconductor Solutions Group		Brooks Life Science Systems			Total
Three Months Ended December 31, 2016:
Revenue
Products	$	109,395	$	12,719		$	122,114
Services	17,221		20,620			37,841
Total revenue	$	126,616	$	33,339		$	159,955
Gross profit	$	45,468	$	11,475		$	56,943
Segment operating income	17,371		112			17,483
Depreciation expense	1,275		1,090			2,365
Three Months Ended December 31, 2015:
Revenue
Products	$	79,179	$	10,001		$	89,180
Services	19,897		10,878			30,775
Total revenue	$	99,076	$	20,879		$	119,955
Gross profit	$	34,659	$	5,895		$	40,554
Segment operating income (loss)	2,940		(4,602		)	(1,662		)
Depreciation expense	886		488			1,374
Assets:
December 31, 2016	$	310,894	$	265,431		$	576,325
September 30, 2016	317,717		247,735			565,452

The following is a reconciliation of the Company’s operating and reportable segments' operating income (loss) and segment assets to the corresponding amounts presented in the accompanying unaudited Consolidated Balance Sheets and Consolidated Statements of Operations for the three months ended December 31, 2016 and 2015 (in thousands):

	Three Months Ended December 31,
	2016		2015
Segment operating income (loss)	$	17,483	$	(1,662	)
Amortization of acquired intangible assets	3,064		2,211
Restructuring and other charges	975		1,475
Other unallocated corporate expenses	283		2,972
Total operating income (loss)	$	13,161	$	(8,320	)

	December 31, 2016		September 30, 2016
Segment assets	$	576,325	$	565,452
Cash, cash equivalents and marketable securities	89,028		91,221
Deferred tax assets	1,683		1,982
Equity method investments	25,271		27,250
Total assets	$	692,307	$	685,905