REPORTING SEGMENTS |
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(Dollars in millions) |
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(Unaudited) |
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Reporting Segments |
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Engineering |
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and |
Field |
Mobile |
Advanced |
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Construction |
Solutions |
Solutions |
Devices |
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THIRD QUARTER OF FISCAL 2015 : |
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Revenue |
$ 326.4 |
$ 73.5 |
$ 131.6 |
$ 30.8 |
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Operating income before corporate allocations |
$ 68.8 |
$ 19.5 |
$ 23.1 |
$ 10.8 |
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Operating margin (% of segment external net revenue) |
21.1% |
26.5% |
17.6% |
35.1% |
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THIRD QUARTER OF FISCAL 2014 : |
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Revenue |
$ 342.2 |
$ 88.8 |
$ 121.2 |
$ 32.6 |
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Operating income before corporate allocations |
$ 74.2 |
( A ) |
$ 26.1 |
( A ) |
$ 19.5 |
( A ) |
$ 9.6 |
( A ) |
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Operating margin (% of segment external net revenue) |
21.7% |
29.4% |
16.1% |
29.4% |
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FIRST THREE QUARTERS OF 2015 : |
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Revenue |
$ 964.2 |
$ 275.9 |
$ 388.1 |
$ 102.5 |
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Operating income before corporate allocations |
$ 166.3 |
$ 85.0 |
$ 62.5 |
$ 37.1 |
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Operating margin (% of segment external net revenue) |
17.2% |
30.8% |
16.1% |
36.2% |
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FIRST THREE QUARTERS OF 2014 : |
||||||||||||
Revenue |
$ 1,019.6 |
$ 341.4 |
$ 362.7 |
$ 108.0 |
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Operating income before corporate allocations |
$ 231.0 |
( A ) |
$ 119.4 |
( A ) |
$ 58.5 |
( A ) |
$ 34.4 |
( A ) |
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Operating margin (% of segment external net revenue) |
22.7% |
35.0% |
16.1% |
31.9% |
( A ) Beginning with the first quarter of fiscal 2015, the Company changed its methodology for allocating stock-based compensation. Historically, the Company allocated stock-based compensation to each business segment. Beginning in the first quarter of fiscal 2015, stock-based compensation is considered a corporate expense and not reflected in segment results. The Company has adjusted the segment operating income for all prior periods to conform to the current year methodology. |