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Business Segments and Geographic Information
3 Months Ended
Dec. 30, 2017
Segment Reporting [Abstract]  
Business Segments and Geographic Information
Business Segments and Geographic Information
The Company has five reportable segments: Diagnostics, Breast Health, Medical Aesthetics, GYN Surgical and Skeletal Health. Certain reportable segments represent an aggregation of operating units within each segment. The Company measures and evaluates its reportable segments based on segment revenues and operating income adjusted to exclude the effect of non-cash charges, such as intangible asset amortization expense, intangible asset and goodwill impairment charges, acquisition related fair value adjustments and integration expenses, restructuring, divestiture and facility consolidation charges and other one-time or unusual items.
Identifiable assets for the five principal operating segments consist of inventories, intangible assets, goodwill, and property, plant and equipment. The Company fully allocates depreciation expense to its five reportable segments. The Company has presented all other identifiable assets as corporate assets. There were no inter-segment revenues during the three months ended December 30, 2017 and December 31, 2016. Segment information is as follows:
 
Three Months Ended
 
December 30,
2017
 
December 31,
2016
Total revenues:
 
 
 
Diagnostics
$
284.6

 
$
325.4

Breast Health
288.0

 
273.3

Medical Aesthetics
91.3

 

GYN Surgical
107.5

 
114.8

Skeletal Health
19.7

 
20.9

 
$
791.1


$
734.4

Income (loss) from operations:
 
 
 
Diagnostics
$
36.5

 
$
41.1

Breast Health
89.7

 
85.2

Medical Aesthetics
(23.0
)
 

GYN Surgical
30.2

 
25.5

Skeletal Health
0.7

 
(5.8
)
 
$
134.1


$
146.0

Depreciation and amortization:
 
 
 
Diagnostics
$
64.7

 
$
84.9

Breast Health
4.9

 
5.1

Medical Aesthetics
28.5

 

GYN Surgical
22.9

 
25.1

Skeletal Health
0.2

 
0.2

 
$
121.2


$
115.3

Capital expenditures:
 
 
 
Diagnostics
$
11.9

 
$
10.3

Breast Health
3.5

 
2.2

Medical Aesthetics
1.6

 

GYN Surgical
2.4

 
4.1

Skeletal Health
0.7

 
0.3

Corporate
1.7

 
7.8

 
$
21.8


$
24.7

 
 
December 30,
2017
 
September 30,
2017
Identifiable assets:
 
 
 
Diagnostics
$
2,583.0

 
$
2,621.6

Breast Health
840.5

 
824.0

Medical Aesthetics
1,723.9

 
1,751.2

GYN Surgical
1,477.8

 
1,494.6

Skeletal Health
26.8

 
25.5

Corporate
1,396.3

 
1,262.7

 
$
8,048.3

 
$
7,979.6


The Company had no customers that represented greater than 10% of consolidated revenues during the three months ended December 30, 2017 and December 31, 2016.
The Company operates in the following major geographic areas as noted in the below chart. Revenue data is based upon customer location. Other than the United States, no single country accounted for more than 10% of consolidated revenues. The Company’s sales in Europe are predominantly derived from France, Germany and the United Kingdom. The Company’s sales in Asia-Pacific are predominantly derived from China, Australia and Japan. The “Rest of World” designation includes Canada, Latin America and the Middle East.
Revenues by geography as a percentage of total revenues were as follows:
 
 
Three Months Ended
 
December 30,
2017
 
December 31,
2016
United States
75.5
%
 
77.9
%
Europe
11.5
%
 
10.7
%
Asia-Pacific
8.7
%
 
8.4
%
Rest of World
4.3
%
 
3.0
%
 
100.0
%
 
100.0
%