XML 44 R32.htm IDEA: XBRL DOCUMENT v3.20.2
Business Segment Information Business Segment Information (Tables)
6 Months Ended
Sep. 30, 2020
Segment Reporting [Abstract]  
Schedule of Segment Reporting Information, by Segment [Table Text Block]
Financial information for each of our segments is presented in the following table:
 Three Months Ended September 30, Six Months Ended September 30,
 2020201920202019
Revenues:
Healthcare $470,927 $485,283 $870,585 $931,015 
Applied Sterilization Technologies169,547 152,907 321,909 307,193 
Life Sciences115,658 98,650 232,570 195,435 
Total revenues$756,132 $736,840 $1,425,064 $1,433,643 
Operating income (loss):
Healthcare$104,796 $103,035 $187,153 $193,550 
Applied Sterilization Technologies76,835 65,386 140,790 133,421 
Life Sciences46,433 32,315 94,894 65,354 
Corporate(58,155)(50,956)(110,522)(106,353)
Total operating income before adjustments$169,909 $149,780 $312,315 $285,972 
Less: Adjustments
Amortization of acquired intangible assets (1)
$21,955 $18,952 $39,455 $35,901 
Acquisition and integration related charges (2)
1,135 1,947 2,421 3,864 
Redomiciliation and tax restructuring costs (3)
384 1,016 554 2,786 
Net (gain) loss on divestiture of businesses (1)
(5)50 5 2,476 
Amortization of property "step up" to fair value (1)
714 446 1,317 1,181 
COVID-19 incremental costs (4)
4,539 — 13,209 — 
Restructuring charges (5)
(76)636 90 2,943 
Total operating income$141,263 $126,733 $255,264 $236,821 
Revenue from External Customers by Products and Services [Table Text Block]
 Three Months Ended September 30, Six Months Ended September 30,
 2020201920202019
Healthcare:
Capital equipment$131,673 $152,631 $259,755 273,486
Consumables122,797 116,033 206,551 232,115
Service216,457 216,619 404,279 425,414 
Total Healthcare Revenues $470,927 $485,283 $870,585 $931,015 
Applied Sterilization Technologies Service Revenues$169,547 $152,907 $321,909 $307,193 
Life Sciences:
Capital equipment
$29,241 $26,462 $59,671 $53,231 
Consumables55,793 42,540 114,635 86,569 
Service30,624 29,648 58,264 55,635 
Total Life Sciences Revenues$115,658 $98,650 $232,570 $195,435 
Total Revenues$756,132 $736,840 $1,425,064 $1,433,643 
Revenue from External Customers by Geographic Areas [Table Text Block]
Three Months Ended September 30, Six Months Ended September 30,
2020201920202019
Revenues:
Ireland$17,090 $15,171 $31,463 $30,279 
United States549,449 538,101 1,041,157 1,049,253 
Other locations189,593 183,568 352,444 354,111 
Total Revenues
$756,132 $736,840 $1,425,064 $1,433,643 
Reconciliation of Assets from Segment to Consolidated
Assets include the current and long-lived assets directly attributable to the segment based on the management of the location or on utilization. Certain corporate assets were allocated to the reportable segments based on revenues. Assets attributed to sales and distribution locations are only allocated to the Healthcare and Life Sciences segments.
Individual facilities, equipment, and intellectual properties are utilized for production by both the Healthcare and Life Sciences segments at varying levels over time. As a result, an allocation of total assets, capital expenditures, and depreciation and amortization is not meaningful to the individual performance of the Healthcare and Life Sciences segments. Therefore, their respective amounts are reported together.
September 30, 2020March 31, 2020
Assets:
Healthcare and Life Sciences$2,642,515 $2,705,377 
Applied Sterilization Technologies2,850,052 2,720,205 
Total assets
$5,492,567 $5,425,582