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Operating Segments and Related Information (Tables)
6 Months Ended
Jun. 30, 2017
Segment Reporting [Abstract]  
Operating Segment Information
Operating segment information is as follows (in thousands):
 
Three Months Ended June 30,
 
Six Months Ended June 30,
 
2017
 
2016
 
2017
 
2016
Revenue—External Customers:
 
 
 
 
 
 
 
Surveillance
$
129,209

 
$
113,440

 
$
247,938

 
$
237,591

Instruments
85,969

 
78,068

 
163,824

 
157,487

Security
49,709

 
63,380

 
94,786

 
110,441

OEM & Emerging Markets
87,447

 
56,980

 
172,212

 
104,825

Maritime
55,102

 
55,163

 
103,653

 
106,883

Detection
26,688
 
35,698
 
58,525
 
64,974
 
$
434,124

 
$
402,729

 
$
840,938

 
$
782,201

Revenue—Intersegments:
 
 
 
 
 
 
 
Surveillance
$
3,331

 
$
4,755

 
$
8,087

 
$
8,979

Instruments
7,325

 
1,213

 
13,114

 
2,788

Security
3,640

 
3,836

 
6,765

 
6,308

OEM & Emerging Markets
9,361

 
8,833

 
18,530

 
17,010

Maritime
621

 
1,458

 
1,298

 
2,072

Detection
1

 
31

 
1

 
31

Eliminations
(24,279
)
 
(20,126
)
 
(47,795
)
 
(37,188
)
 
$

 
$

 
$

 
$

Segment operating income:
 
 
 
 
 
 
 
Surveillance
$
33,007

 
$
26,595

 
$
59,372

 
$
62,460

Instruments
23,627

 
19,695

 
44,773

 
39,676

Security
1,288

 
4,410

 
1,603

 
2,241

OEM & Emerging Markets
26,340

 
16,757

 
50,697

 
27,443

Maritime
9,390

 
7,521

 
14,594

 
13,328

Detection
7,024

 
10,320

 
15,761

 
18,557

 
$
100,676

 
$
85,298

 
$
186,800

 
$
163,705

A reconciliation of the Company's consolidated segment operating income to consolidated earnings before income taxes is as follows (in thousands):
 
Three Months Ended June 30,
 
Six Months Ended June 30,
 
2017
 
2016
 
2017
 
2016
Consolidated segment operating income
$
100,676

 
$
85,298

 
$
186,800

 
$
163,705

Unallocated corporate expenses
(25,017
)
 
(16,049
)
 
(43,240
)
 
(32,674
)
Amortization of purchased intangible assets
(7,016
)
 
(3,927
)
 
(13,751
)
 
(8,134
)
Amortization of acquisition-related inventory step-up

 

 
(1,992
)
 

SkyWatch product quality accrual
(2,000
)
 

 
(2,000
)
 

Restructuring charges
(13
)
 
(110
)
 
(101
)
 
(308
)
Consolidated earnings from operations
66,630

 
65,212

 
125,716

 
122,589

Interest and non-operating expense, net
(3,090
)
 
(5,359
)
 
(6,612
)
 
(7,116
)
Consolidated earnings before income taxes
$
63,540

 
$
59,853

 
$
119,104

 
$
115,473

Unallocated corporate expenses include general corporate expenses, acquisition related costs and executive transition costs.

Note 17.        Operating Segments and Related Information - (Continued)
Operating Segments - (Continued)
 
June 30,
 
December 31,
 
2017
 
2016
Segment assets (accounts receivable, net and inventories):
 
 
 
Surveillance
$
278,535

 
$
283,324

Instruments
125,942

 
114,681

Security
83,493

 
93,174

OEM & Emerging Markets
141,568

 
144,862

Maritime
73,963

 
61,494

Detection
33,836

 
25,856


$
737,337

 
$
723,391

 
June 30,
 
December 31,
 
2017
 
2016
Segment goodwill:
 
 
 
Surveillance
$
258,480

 
$
152,383

Instruments
151,799

 
147,595

Security
106,785

 
102,983

OEM & Emerging Markets
254,592

 
252,647

Maritime
100,724

 
97,860

Detection
47,984

 
47,938

 
$
920,364

 
$
801,406


Reconciliation of Operating Profit (Loss) from Segments to Consolidated
A reconciliation of the Company's consolidated segment operating income to consolidated earnings before income taxes is as follows (in thousands):
 
Three Months Ended June 30,
 
Six Months Ended June 30,
 
2017
 
2016
 
2017
 
2016
Consolidated segment operating income
$
100,676

 
$
85,298

 
$
186,800

 
$
163,705

Unallocated corporate expenses
(25,017
)
 
(16,049
)
 
(43,240
)
 
(32,674
)
Amortization of purchased intangible assets
(7,016
)
 
(3,927
)
 
(13,751
)
 
(8,134
)
Amortization of acquisition-related inventory step-up

 

 
(1,992
)
 

SkyWatch product quality accrual
(2,000
)
 

 
(2,000
)
 

Restructuring charges
(13
)
 
(110
)
 
(101
)
 
(308
)
Consolidated earnings from operations
66,630

 
65,212

 
125,716

 
122,589

Interest and non-operating expense, net
(3,090
)
 
(5,359
)
 
(6,612
)
 
(7,116
)
Consolidated earnings before income taxes
$
63,540

 
$
59,853

 
$
119,104

 
$
115,473

Unallocated corporate expenses include general corporate expenses, acquisition related costs and executive transition costs.
By Significant Geographical Location
Revenue and Long-Lived Assets by Geographic Area
Information related to revenue by significant geographical location, determined by the end customer, is as follows (in thousands):
 
Three Months Ended June 30,
 
Six Months Ended June 30,
 
2017
 
2016
 
2017
 
2016
United States
$
224,025

 
$
224,305

 
$
445,856

 
$
418,589

Europe
91,041

 
84,297

 
174,313

 
168,707

Asia
59,721

 
47,413

 
113,645

 
91,237

Middle East/Africa
35,248

 
28,629

 
60,390

 
56,341

Canada/Latin America
24,089

 
18,085

 
46,734

 
47,327

 
$
434,124

 
$
402,729

 
$
840,938

 
$
782,201

Long-lived assets by significant geographic locations are as follows (in thousands):
 
 
 
December 31, 2016
 
  June 30,
2017
 
 (as reclassified)
United States
$
689,044

 
$
676,007

Europe
508,272

 
490,089

Canada/Latin America
225,100

 
235,921

Other foreign
8,164

 
7,789

 
$
1,430,580

 
$
1,409,806


Revenue Derived from Major Customers
Major Customers
Revenue derived from major customers is as follows (in thousands):
 
Three Months Ended June 30,
 
Six Months Ended June 30,
 
2017
 
2016
 
2017
 
2016
United States government
$
111,824

 
$
100,106

 
$
228,059

 
$
185,742