Segment Information

3 Months Ended

Dec. 31, 2013

Segment Reporting [Abstract]

Segment Information

Segment Information

The Company reports financial results in three segments: Brooks Product Solutions, Brooks Global Services and Brooks Life Science Systems. A description of segments is included in the 2013 Annual Report on Form 10-K.

The Company evaluates performance and allocates resources based on revenues, operating income (loss) and returns on invested assets. Operating income (loss) for each segment includes selling, general and administrative expenses directly attributable to the segment. Other unallocated corporate expenses, amortization of acquired intangible assets (excluding completed technology) and restructuring and other charges are excluded from the segments’ operating income (loss). The Company’s indirect overhead costs, which include various general and administrative expenses, are allocated among the segments based upon multiple cost drivers associated with the respective administrative function, including segment revenue, segment headcount, or an analysis of the segments that benefit from a specific administrative function. Segment assets exclude cash, cash equivalents, restricted cash, marketable securities, deferred tax assets and investments in joint ventures.

Financial information for the Company’s business segments is as follows (in thousands):

	Brooks Product Solutions			Brooks Global Services		Brooks Life Science Systems			Total
Three months ended December 31, 2013
Revenue
Product	$	88,708		$	3,439	$	8,135		$	100,282
Services	—			20,243		4,062			24,305
	$	88,708		$	23,682	$	12,197		$	124,587
Gross profit	$	32,053		$	8,032	$	4,565		$	44,650
Segment operating income (loss)	$	6,605		$	3,050	$	(3,475	)	$	6,180
Three months ended December 31, 2012
Revenue
Product	$	62,722		$	3,505	$	11,096		$	77,323
Services	—			17,660		3,042			20,702
	$	62,722		$	21,165	$	14,138		$	98,025
Gross profit	$	17,754		$	5,110	$	6,294		$	29,158
Segment operating income (loss)	$	(6,434	)	$	591	$	(22	)	$	(5,865	)
Assets
December 31, 2013	$	243,507		$	59,196	$	105,713		$	408,416
September 30, 2013	$	254,424		$	59,875	$	105,221		$	419,520

A reconciliation of the Company’s reportable segment operating income (loss) to the corresponding consolidated amounts for the three month periods ended December 31, 2013 and 2012 is as follows (in thousands):

	Three months ended December 31,
	2013		2012
Segment operating income (loss)	$	6,180	$	(5,865	)
Other unallocated corporate expenses	35		890
Amortization of acquired intangible assets	1,456		1,552
Restructuring and other charges	747		4,757
Total operating income (loss)	$	3,942	$	(13,064	)

A reconciliation of the Company’s reportable segment assets to the corresponding consolidated amounts as of December 31, 2013 and September 30, 2013 is as follows (in thousands):

	December 31, 2013		September 30, 2013
Segment assets	$	408,416	$	419,520
Cash, cash equivalents, restricted cash and marketable securities	175,667		173,539
Deferred tax assets	114,533		115,985
Investments in joint ventures	25,336		25,687
Other unallocated corporate net assets	5,717		2,032
Total assets	$	729,669	$	736,763