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REPORTING SEGMENTS | ||||||||||||
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(Unaudited) | ||||||||||||
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Reporting Segments | ||||||||
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Engineering |
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and |
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Field |
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Mobile |
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Advanced |
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Construction |
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Solutions |
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Solutions |
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Devices |
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FIRST QUARTER OF FISCAL 2015 : |
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Revenues |
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$ 299.3 |
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$ 115.3 |
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$ 128.2 |
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$ 39.8 |
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Operating income before corporate allocations: |
$ 37.0 |
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$ 40.6 |
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$ 20.5 |
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$ 15.2 |
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Operating margin (% of segment external net revenues) |
12.4% |
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35.2% |
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16.0% |
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38.2% |
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FIRST QUARTER OF FISCAL 2014 : |
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Revenues |
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$ 309.3 |
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$ 138.2 |
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$ 118.6 |
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$ 38.6 |
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Operating income before corporate allocations: |
$ 61.1 |
( A ) |
$ 53.7 |
( A ) |
$ 17.3 |
( A ) |
$ 12.2 |
( A ) | |||
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Operating margin (% of segment external net revenues) |
19.8% |
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38.9% |
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14.6% |
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31.6% |
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( 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. |
