|
| |||||||
* 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) | ||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Reporting Segments | ||||||
|
|
|
|
|
|
| Buildings |
|
|
| Resources |
|
|
|
|
|
|
|
|
| and |
|
|
| and |
|
|
|
|
|
|
|
|
| Infrastructure |
| Geospatial |
| Utilities |
| Transportation |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
FOURTH QUARTER OF FISCAL 2018 : |
|
|
|
|
|
|
| |||||
|
| Revenue |
| $ 279.9 |
| $ 178.8 |
| $ 129.9 |
| $ 196.9 | |||
|
|
| Acquired deferred revenue adjustment | ( A ) |
| 7.1 |
| — |
| 0.2 |
| 0.1 | |
|
| Non-GAAP Revenue |
|
| $ 287.0 |
| $ 178.8 |
| $ 130.1 |
| $ 197.0 | ||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Operating income before corporate allocations |
|
| $ 67.2 |
| $ 40.1 |
| $ 35.1 |
| $ 44.4 | ||
|
|
| Acquired deferred revenue adjustment | ( A ) |
| 7.1 |
| — |
| 0.2 |
| 0.1 | |
|
|
| Amortization of acquired capitalized commissions | ( G ) |
| (1.8) |
| — |
| — |
| — | |
|
| Non-GAAP Operating income before corporate allocations |
|
| $ 72.5 |
| $ 40.1 |
| $ 35.3 |
| $ 44.5 | ||
|
|
|
|
|
|
|
|
|
|
|
|
| |
|
|
| Operating margin (% of segment external net revenue) |
|
| 24.0 % |
| 22.4 % |
| 27.0 % |
| 22.5 % | |
|
|
| Non-GAAP Operating margin (% of segment Non-GAAP external net revenue) |
|
| 25.3 % |
| 22.4 % |
| 27.1 % |
| 22.6 % | |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| FOURTH QUARTER OF FISCAL 2017 as adjusted: |
|
|
|
|
|
|
| |||||
|
| Revenue |
|
| $ 204.4 |
| $ 174.9 |
| $ 132.0 |
| $ 188.5 | ||
|
|
| Acquired deferred revenue adjustment | ( A ) |
| 0.7 |
| — |
| 0.4 |
| 0.2 | |
|
| Non-GAAP Revenue |
|
| $ 205.1 |
| $ 174.9 |
| $ 132.4 |
| $ 188.7 | ||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Operating income before corporate allocations |
|
| $ 41.4 |
| $ 35.4 |
| $ 32.2 |
| $ 35.2 | ||
|
|
| Acquired deferred revenue adjustment | ( A ) |
| 0.7 |
| — |
| 0.4 |
| 0.2 | |
|
|
| Amortization of acquired capitalized commissions | ( G ) |
| (0.2) |
| — |
| — |
| (0.2) | |
|
| Non-GAAP Operating income before corporate allocations |
|
| $ 41.9 |
| $ 35.4 |
| $ 32.6 |
| $ 35.2 | ||
|
|
|
|
|
|
|
|
|
|
|
|
| |
|
|
| Operating margin (% of segment external net revenue) |
|
| 20.3 % |
| 20.2 % |
| 24.4 % |
| 18.7 % | |
|
|
| Non-GAAP Operating margin (% of segment Non-GAAP external net revenue) |
|
| 20.4 % |
| 20.2 % |
| 24.6 % |
| 18.7 % | |
|
|
|
|
|
|
|
|
|
|
| |||
| FISCAL YEAR 2018 : |
|
|
|
|
|
|
| |||||
|
| Revenue |
|
| $ 1,065.5 |
| $ 723.1 |
| $ 567.1 |
| $ 752.7 | ||
|
|
| Acquired deferred revenue adjustment | ( A ) |
| 22.2 |
| — |
| 1.0 |
| 0.4 | |
|
| Non-GAAP Revenue |
|
| $ 1,087.7 |
| $ 723.1 |
| $ 568.1 |
| $ 753.1 | ||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Operating income before corporate allocations |
|
| $ 239.0 |
| $ 166.4 |
| $ 167.4 |
| $ 142.9 | ||
|
|
| Acquired deferred revenue adjustment | ( A ) |
| 22.2 |
| — |
| 1.0 |
| 0.4 | |
|
|
| Amortization of acquired capitalized commissions | ( G ) |
| (4.5) |
| — |
| (0.2) |
| — | |
|
| Non-GAAP Operating income before corporate allocations |
|
| $ 256.7 |
| $ 166.4 |
| $ 168.2 |
| $ 143.3 | ||
|
|
|
|
|
|
|
|
|
|
|
|
| |
|
|
| Operating margin (% of segment external net revenue) |
|
| 22.4 % |
| 23.0 % |
| 29.5 % |
| 19.0 % | |
|
|
| Non-GAAP Operating margin (% of segment Non-GAAP external net revenue) |
|
| 23.6 % |
| 23.0 % |
| 29.6 % |
| 19.0 % | |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| FISCAL YEAR 2017 as adjusted: |
|
|
|
|
|
|
| |||||
|
| Revenue |
|
| $ 829.4 |
| $ 658.5 |
| $ 481.0 |
| $ 677.6 | ||
|
|
| Acquired deferred revenue adjustment | ( A ) |
| 1.1 |
| — |
| 1.0 |
| 0.7 | |
|
| Non-GAAP Revenue |
|
| $ 830.5 |
| $ 658.5 |
| $ 482.0 |
| $ 678.3 | ||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Operating income before corporate allocations |
|
| $ 176.0 |
| $ 129.4 |
| $ 137.0 |
| $ 114.4 | ||
|
|
| Acquired deferred revenue adjustment | ( A ) |
| 1.1 |
| — |
| 1.0 |
| 0.7 | |
|
|
| Amortization of acquired capitalized commissions | ( G ) |
| (0.9) |
| — |
| (0.1) |
| (0.3) | |
|
| Non-GAAP Operating income before corporate allocations |
|
| $ 176.2 |
| $ 129.4 |
| $ 137.9 |
| $ 114.8 | ||
|
|
|
|
|
|
|
|
|
|
|
|
| |
|
|
| Operating margin (% of segment external net revenue) |
|
| 21.2 % |
| 19.7 % |
| 28.5 % |
| 16.9 % | |
|
|
| Non-GAAP Operating margin (% of segment Non-GAAP external net revenue) |
|
| 21.2 % |
| 19.7 % |
| 28.6 % |
| 16.9 % | |
|
|
| Note: Fourth quarter and fiscal 2017 information has been restated for the adoption of ASC 606, Revenue from Contracts with Customers. |
