Segment and geographic information (Tables)

12 Months Ended

Jul. 31, 2015

Reportable Segment Information

The table below presents information about our reportable segments:

	For the Year ended July 31,
(in millions)	2015			2014			2013
Product revenue:
Medical Imaging	$	288.6		$	291.3		$	305.6
Ultrasound		163.6			152.3			149.6
Security and Detection		79.0			65.9			71.6
Total product revenue	$	531.2		$	509.5		$	526.8
Engineering revenue:
Medical Imaging	$	4.0		$	4.3		$	13.0
Ultrasound		2.6			0.2			0.2
Security and Detection		2.5			3.5			10.4
Total engineering revenue	$	9.1		$	8.0		$	23.6
Net revenue:
Medical Imaging	$	292.6		$	295.6		$	318.6
Ultrasound		166.2			152.5			149.8
Security and Detection		81.5			69.4			82.0
Total net revenue	$	540.3		$	517.5		$	550.4
Income from operations:
Medical Imaging (A)	$	37.9		$	31.0		$	31.9
Ultrasound (B)		(7.9	)		(6.8	)		(3.7	)
Security and Detection (C )		10.6			4.9			17.2
Total income from operations		40.6			29.1			45.4
Total other income, net		0.4			(0.1	)		(1.3	)
Income before income taxes	$	41.0		$	29.0		$	44.1

(in millions)	As of July 31, 2015		As of July 31, 2014
Identifiable assets by segment:
Medical Imaging (D)	$	196.2	$	218.5
Ultrasound (E )		224.5		235.5
Security and Detection (F)		50.9		35.0
Total reportable segment assets		471.6		489.0
Corporate assets (G)		156.4		125.3
Total assets	$	628.0	$	614.3

(in millions)	As of July 31, 2015		As of July 31, 2014
Goodwill by segment:
Medical Imaging	$	1.9	$	1.9
Ultrasound		55.1		55.1
Security and Detection		0.5		—
Total goodwill	$	57.5	$	57.0

(A) Includes restructuring charges of $(0.2) million, $1.7 million and $1.1 million for fiscal years 2015, 2014 and 2013, respectively.

(B) Includes restructuring charges of $(0.1) million, $1.4 million and $2.2 million for fiscal year 2015, 2014 and 2013, respectively.

Includes a $1.0 million charge for a settlement proposal with the SEC, related to our Danish Subsidiary BK Medical.

(C) Includes restructuring charges of $(0.1) million, $0.4 million and $0.2 million for fiscal year 2015, 2014 and 2013, respectively.

(D) Includes net intangible assets from acquisitions of $23.2 million and $26.0 million at July 31, 2015 and 2014, respectively.

(E) Includes net intangible assets from acquisitions of $15.2 million and $19.9 million at July 31, 2015 and 2014, respectively.

(F) Includes net intangible assets from acquisitions of $0.1 million at July 31, 2015, relating to our acquisition of Pathfinder during the first quarter of fiscal year 2015.

(G) Includes cash, cash equivalents and marketable securities of $86.2 million and $60.9 million, as of July 31, 2015 and 2014, respectively.

Revenues are attributed to countries based on the location of our customers. For OEM sales, our customer location may differ from the location where the ultimate completed systems are sold by the OEM into the market.

Information regarding share-based compensation and depreciation and amortization by segment for the fiscal years 2015, 2014 and 2013 are as follows:

	For the Year ended July 31,
(in millions)	2015		2014		2013
Share-based compensation expense:
Medical Imaging	$	4.9	$	6.6	$	7.6
Ultrasound		3.2		2.8		2.1
Security and Detection		2.8		2.1		1.9
Total share-based compensation expense	$	10.9	$	11.5	$	11.6
Depreciation and amortization:
Medical Imaging	$	11.1	$	11.5	$	11.5
Ultrasound		10.5		9.1		4.7
Security and Detection		1.7		1.5		1.1
Total depreciation and amortization	$	23.3	$	22.1	$	17.3

Geographic Areas Information

Information regarding geographic areas for fiscal years 2015, 2014, and 2013 are as follows:

	For the Year ended July 31,
(in millions)	2015		2014		2013
Net Revenue:
United States	$	215.3	$	183.8	$	209.6
Japan		60.4		66.2		87.0
Germany		60.2		61.8		69.8
Netherlands		60.4		70.2		69.7
Other		144.0		135.5		114.3
Total net revenue	$	540.3	$	517.5	$	550.4

	For the Year ended July 31,
(in millions)	2015		2014		2013
Property, plant and equipment, net:
United States	$	63.7	$	66.1	$	62.6
Denmark		15.6		19.8		19.7
China		19.6		20.0		20.2
Other (A)		7.4		8.3		8.5
Total property, plant and equipment, net	$	106.3	$	114.2	$	111.0

(A) – Other property, plant and equipment are primarily in Canada.