Segment and geographic information (Tables)

12 Months Ended

Jul. 31, 2016

Reportable Segment Information

The table below presents information about our reportable segments:

	For the Year ended July 31,
(in millions)	2016			2015			2014
Product revenue:
Medical Imaging	$	285.8		$	288.6		$	291.3
Ultrasound		160.8			163.6			152.3
Security and Detection		56.1			79.0			65.9
Total product revenue	$	502.7		$	531.2		$	509.5
Engineering revenue:
Medical Imaging	$	3.4		$	4.0		$	4.3
Ultrasound		2.4			2.6			0.2
Security and Detection		0.3			2.5			3.5
Total engineering revenue	$	6.1		$	9.1		$	8.0
Net revenue:
Medical Imaging	$	289.2		$	292.6		$	295.6
Ultrasound		163.2			166.2			152.5
Security and Detection		56.4			81.5			69.4
Total net revenue	$	508.8		$	540.3		$	517.5
Income from operations:
Medical Imaging (A)	$	38.6		$	37.9		$	31.0
Ultrasound (B)		(18.8	)		(7.9	)		(6.8	)
Security and Detection (C )		5.4			10.6			4.9
Total income from operations		25.2			40.6			29.1
Total other income, net		(4.9	)		0.4			(0.1	)
Income before income taxes	$	20.3		$	41.0		$	29.0

(in millions)	As of July 31, 2016		As of July 31, 2015
Identifiable total assets by segment:
Medical Imaging (D)	$	191.1	$	194.3
Ultrasound (E )		152.5		169.4
Security and Detection (F)		49.8		50.4
Total reportable segment assets		393.4		414.1
Corporate assets (G)		165.6		156.4
Total identifiable assets (H)	$	559.0	$	570.5

(in millions)	As of July 31, 2016		As of July 31, 2015
Goodwill by segment:
Medical Imaging	$	1.9	$	1.9
Ultrasound		71.5		55.1
Security and Detection		0.5		0.5
Total goodwill	$	73.9	$	57.5

(A) Includes restructuring charges of $6.0 million, $(0.2) million and $1.7 million for fiscal years 2016, 2015 and 2014, respectively.

(B) Includes restructuring charges of $1.9 million, $(0.1) million and $1.4 million for fiscal year 2016, 2015 and 2014, respectively.

Includes a $10.1 million and $1.0 million charge for the BK Medical matter for fiscal year 2016 and 2015, respectively.

(C) Includes restructuring charges of $1.7 million, $(0.1) million and $0.4 million for fiscal year 2016, 2015 and 2014, respectively.

(D) Includes net intangible assets from acquisitions of $20.3 million and 23.2 million at July 31, 2016 and 2015, respectively.

(E) Includes net intangible assets from acquisitions of $15.2 million and $15.2 million at July 31, 2016 and 2015, respectively, of which $3.7 million net intangible assets relating to our acquisition of Oncura during the second quarter of fiscal year 2016.

(F) Includes net intangible assets from acquisitions of $0.6 million and $0.1 million at July 31, 2016 and 2015, respectively, relating to our acquisition of Pathfinder during the first quarter of fiscal year 2015.

(G) Includes cash, cash equivalents and marketable securities of $97.3 million and $86.2 million, as of July 31, 2016 and 2015, respectively.

(H) The Company in the past included the balance of goodwill in identifiable assets by segment table, but felt it more relevant to disclose the identifiable assets by segment excluding the associated goodwill balances as the goodwill balances are separately stated by segment. As such, the prior period presentation was modified to exclude the associated goodwill balances as well for comparability purposes.

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 2016, 2015 and 2014 are as follows:

	For the Year ended July 31,
(in millions)	2016		2015		2014
Share-based compensation expense:
Medical Imaging	$	3.9	$	4.9	$	6.6
Ultrasound		2.6		3.2		2.8
Security and Detection		2.3		2.8		2.1
Total share-based compensation expense	$	8.8	$	10.9	$	11.5
Depreciation and amortization:
Medical Imaging	$	11.3	$	11.1	$	11.5
Ultrasound		10.4		10.5		9.1
Security and Detection		1.8		1.7		1.5
Total depreciation and amortization	$	23.5	$	23.3	$	22.1

Geographic Areas Information

Information regarding geographic areas for fiscal years 2016, 2015 and 2014 are as follows:

	For the Year ended July 31,
(in millions)	2016		2015		2014
Net Revenue:
United States	$	192.3	$	215.3	$	183.8
Japan		47.0		60.4		66.2
Germany		68.5		60.2		61.8
Netherlands		54.9		60.4		70.2
Other		146.1		144.0		135.5
Total net revenue	$	508.8	$	540.3	$	517.5

	For the Year ended July 31,
(in millions)	2016		2015		2014
Property, plant and equipment, net:
United States	$	64.1	$	63.7	$	66.1
Denmark		16.4		15.6		19.8
China		20.4		19.6		20.0
Other (A)		6.9		7.4		8.3
Total property, plant and equipment, net	$	107.8	$	106.3	$	114.2

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