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* Prior period information has been restated for the adoption of ASC 606, Revenue from Contracts with Customers, and ASU No. 2016-15, Statement of Cash Flows: Classification of Certain Cash Receipts and Cash Payments. |
REPORTING SEGMENTS | ||||||||||||
GAAP TO NON-GAAP RECONCILIATION | ||||||||||||
(Dollars in millions) | ||||||||||||
(Unaudited) | ||||||||||||
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| Reporting Segments | ||||||
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| Buildings |
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| Resources |
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| and |
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| and |
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| Infrastructure |
| Geospatial |
| Utilities |
| Transportation |
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FOURTH QUARTER OF FISCAL 2018 : |
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| Revenue |
| $ 279.9 |
| $ 178.8 |
| $ 129.9 |
| $ 196.9 | |||
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| Acquired deferred revenue adjustment | ( A ) |
| 7.1 |
| — |
| 0.2 |
| 0.1 | |
| Non-GAAP Revenue |
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| $ 287.0 |
| $ 178.8 |
| $ 130.1 |
| $ 197.0 | ||
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| Operating income before corporate allocations |
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| $ 67.2 |
| $ 40.1 |
| $ 35.1 |
| $ 44.4 | ||
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| Acquired deferred revenue adjustment | ( A ) |
| 7.1 |
| — |
| 0.2 |
| 0.1 | |
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| Amortization of acquired capitalized commissions | ( G ) |
| (1.8) |
| — |
| — |
| — | |
| Non-GAAP Operating income before corporate allocations |
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| $ 72.5 |
| $ 40.1 |
| $ 35.3 |
| $ 44.5 | ||
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| Operating margin (% of segment external net revenue) |
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| 24.0 % |
| 22.4 % |
| 27.0 % |
| 22.5 % | |
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| Non-GAAP Operating margin (% of segment Non-GAAP external net revenue) |
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| 25.3 % |
| 22.4 % |
| 27.1 % |
| 22.6 % | |
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FOURTH QUARTER OF FISCAL 2017 as adjusted: |
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| Revenue |
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| $ 204.4 |
| $ 174.9 |
| $ 132.0 |
| $ 188.5 | ||
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| Acquired deferred revenue adjustment | ( A ) |
| 0.7 |
| — |
| 0.4 |
| 0.2 | |
| Non-GAAP Revenue |
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| $ 205.1 |
| $ 174.9 |
| $ 132.4 |
| $ 188.7 | ||
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| Operating income before corporate allocations |
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| $ 41.4 |
| $ 35.4 |
| $ 32.2 |
| $ 35.2 | ||
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| Acquired deferred revenue adjustment | ( A ) |
| 0.7 |
| — |
| 0.4 |
| 0.2 | |
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| Amortization of acquired capitalized commissions | ( G ) |
| (0.2) |
| — |
| — |
| (0.2) | |
| Non-GAAP Operating income before corporate allocations |
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| $ 41.9 |
| $ 35.4 |
| $ 32.6 |
| $ 35.2 | ||
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| Operating margin (% of segment external net revenue) |
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| 20.3 % |
| 20.2 % |
| 24.4 % |
| 18.7 % | |
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| Non-GAAP Operating margin (% of segment Non-GAAP external net revenue) |
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| 20.4 % |
| 20.2 % |
| 24.6 % |
| 18.7 % | |
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FISCAL YEAR 2018 : |
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| Revenue |
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| $ 1,065.5 |
| $ 723.1 |
| $ 567.1 |
| $ 752.7 | ||
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| Acquired deferred revenue adjustment | ( A ) |
| 22.2 |
| — |
| 1.0 |
| 0.4 | |
| Non-GAAP Revenue |
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| $ 1,087.7 |
| $ 723.1 |
| $ 568.1 |
| $ 753.1 | ||
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| Operating income before corporate allocations |
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| $ 239.0 |
| $ 166.4 |
| $ 167.4 |
| $ 142.9 | ||
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| Acquired deferred revenue adjustment | ( A ) |
| 22.2 |
| — |
| 1.0 |
| 0.4 | |
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| Amortization of acquired capitalized commissions | ( G ) |
| (4.5) |
| — |
| (0.2) |
| — | |
| Non-GAAP Operating income before corporate allocations |
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| $ 256.7 |
| $ 166.4 |
| $ 168.2 |
| $ 143.3 | ||
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| Operating margin (% of segment external net revenue) |
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| 22.4 % |
| 23.0 % |
| 29.5 % |
| 19.0 % | |
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| Non-GAAP Operating margin (% of segment Non-GAAP external net revenue) |
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| 23.6 % |
| 23.0 % |
| 29.6 % |
| 19.0 % | |
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FISCAL YEAR 2017 as adjusted: |
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| Revenue |
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| $ 829.4 |
| $ 658.5 |
| $ 481.0 |
| $ 677.6 | ||
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| Acquired deferred revenue adjustment | ( A ) |
| 1.1 |
| — |
| 1.0 |
| 0.7 | |
| Non-GAAP Revenue |
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| $ 830.5 |
| $ 658.5 |
| $ 482.0 |
| $ 678.3 | ||
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| Operating income before corporate allocations |
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| $ 176.0 |
| $ 129.4 |
| $ 137.0 |
| $ 114.4 | ||
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| Acquired deferred revenue adjustment | ( A ) |
| 1.1 |
| — |
| 1.0 |
| 0.7 | |
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| Amortization of acquired capitalized commissions | ( G ) |
| (0.9) |
| — |
| (0.1) |
| (0.3) | |
| Non-GAAP Operating income before corporate allocations |
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| $ 176.2 |
| $ 129.4 |
| $ 137.9 |
| $ 114.8 | ||
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| Operating margin (% of segment external net revenue) |
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| 21.2 % |
| 19.7 % |
| 28.5 % |
| 16.9 % | |
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| Non-GAAP Operating margin (% of segment Non-GAAP external net revenue) |
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| 21.2 % |
| 19.7 % |
| 28.6 % |
| 16.9 % |
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Note: Fourth quarter and fiscal 2017 information has been restated for the adoption of ASC 606, Revenue from Contracts with Customers. |