Operating Segments and Related Information (Tables)

3 Months Ended

Mar. 31, 2018

Operating segment information is as follows (in thousands):

Note 18. Operating Segments and Related Information - (Continued)

Operating Segments - (Continued)

A reconciliation of the Company's consolidated segment operating income to consolidated earnings before income taxes is as follows (in thousands):



	Three Months Ended March 31,
	2018			2017
Consolidated segment operating income	$	106,109		$	86,125
Unallocated corporate expenses	(34,948		)	(18,223		)
Amortization of purchased intangible assets	(5,987		)	(6,736		)
Amortization of acquisition-related inventory step-up	—			(1,992		)
Loss on sale of business	(10,178		)	—
Restructuring and other charges	496			(88		)
Consolidated earnings from operations	55,492			59,086
Interest and non-operating expenses, net	(877		)	(3,522		)
Consolidated earnings before income taxes	$	54,615		$	55,564

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



	March 31,		December 31,
	2018		2017
Operating segment assets:
Net accounts receivable, inventories and demonstration assets:
Industrial	$	277,682	$	287,439
Government and Defense	327,722		332,044
Commercial	149,166		136,942
Total operating segments	$	754,570	$	756,425
Assets not allocated:
Cash, cash equivalents and restricted cash	$	452,138	$	519,090
Assets held for sale, net	—		67,344
Prepaid expenses and other current assets	62,499		44,360
Property and equipment, net	260,200		263,996
Deferred income taxes	15,924		21,001
Goodwill	918,292		909,811
Intangible assets, net	163,429		168,130
Other assets	$	76,948	$	59,869
Total assets	$	2,704,000	$	2,810,026

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):

Note 18. Operating Segments and Related Information - (Continued)

Revenue and Long-Lived Assets by Geographic Area - (Continued)

Long-lived assets by significant geographic locations are as follows (in thousands):

Major Customers

Revenue derived from major customers is as follows (in thousands):