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Business Segments and Geographic Information | 9 Months Ended
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Jun. 27, 2020
Segment Reporting [Abstract] |
Business Segments and Geographic Information | Business Segments and Geographic InformationDuring the first fiscal quarter of 2020 and fiscal 2019, the Company had five reportable segments: Diagnostics, Breast Health, GYN Surgical, Medical Aesthetics and Skeletal Health. The Company completed the sale of its Medical Aesthetics business on December 30, 2019, but will continue to have operating expenses primarily related to indemnifying CD&R for legal and tax matters that existed as of the date of disposition. 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 reportable segments consist of inventories, intangible assets, goodwill, and property, plant and equipment. The Company fully allocates depreciation expense to its reportable segments. The Company has presented all other identifiable assets as corporate assets. There were no inter-segment revenues during the three and nine months ended June 27, 2020 and June 29, 2019. Segment information is as follows:
| Three Months Ended |  |  |  | Nine Months Ended |  |
| June 27, 2020 |  | June 29, 2019 |  | June 27, 2020 |  | June 29, 2019
Total revenues: |  |  |  |  |  |  |
Diagnostics | $ | 532.2 |  |  | $ | 305.4 |  |  | $ | 1,163.2 |  |  | $ | 898.6 |
Breast Health | 224.0 |  |  | 325.4 |  |  | 862.8 |  |  | 971.6 |
GYN Surgical | 51.5 |  |  | 112.2 |  |  | 275.9 |  |  | 322.8 |
Medical Aesthetics | — |  |  | 85.0 |  |  | 65.3 |  |  | 238.6 |
Skeletal Health | 15.2 |  |  | 24.4 |  |  | 62.3 |  |  | 69.8 |
| $ | 822.9 |  |  | $ | 852.4 |  |  | $ | 2,429.5 |  |  | $ | 2,501.4 |
Income (loss) from operations: |  |  |  |  |  |  |
Diagnostics | $ | 233.9 |  |  | $ | 45.7 |  |  | $ | 340.7 |  |  | $ | 120.1 |
Breast Health | (11.1) |  |  | 97.5 |  |  | 158.6 |  |  | 294.3 |
GYN Surgical | (23.4) |  |  | 22.5 |  |  | 32.0 |  |  | 70.0 |
Medical Aesthetics | (1.0) |  |  | (18.6) |  |  | (54.3) |  |  | (517.6) |
Skeletal Health | (7.4) |  |  | (1.8) |  |  | (4.8) |  |  | (4.1) |
| $ | 191.0 |  |  | $ | 145.3 |  |  | $ | 472.2 |  |  | $ | (37.3) |
Depreciation and amortization: |  |  |  |  |  |  |
Diagnostics | $ | 59.4 |  |  | $ | 61.6 |  |  | $ | 177.8 |  |  | $ | 184.9 |
Breast Health | 13.0 |  |  | 9.3 |  |  | 36.2 |  |  | 27.5 |
GYN Surgical | 21.0 |  |  | 21.9 |  |  | 63.1 |  |  | 65.8 |
Medical Aesthetics | — |  |  | 20.4 |  |  | 4.1 |  |  | 71.0 |
Skeletal Health | 0.2 |  |  | 0.1 |  |  | 0.5 |  |  | 0.5 |
| $ | 93.6 |  |  | $ | 113.3 |  |  | $ | 281.7 |  |  | $ | 349.7 |
Capital expenditures: |  |  |  |  |  |  |
Diagnostics | $ | 28.4 |  |  | $ | 14.2 |  |  | $ | 63.7 |  |  | $ | 44.7 |
Breast Health | 3.0 |  |  | 3.0 |  |  | 17.5 |  |  | 9.7 |
GYN Surgical | 2.4 |  |  | 4.3 |  |  | 12.9 |  |  | 10.9 |
Medical Aesthetics | — |  |  | 1.2 |  |  | 1.4 |  |  | 5.7 |
Skeletal Health | 0.1 |  |  | 0.4 |  |  | 0.3 |  |  | 1.0 |
Corporate | 1.1 |  |  | 2.7 |  |  | 2.2 |  |  | 5.7 |
| $ | 35.0 |  |  | $ | 25.8 |  |  | $ | 98.0 |  |  | $ | 77.7 |
| June 27, 2020 |  | September 28, 2019
Identifiable assets: |  |  |
Diagnostics | $ | 2,169.0 |  |  | $ | 2,276.6 |
Breast Health | 1,225.8 |  |  | 1,127.8 |
GYN Surgical | 1,271.6 |  |  | 1,328.6 |
Medical Aesthetics | — |  |  | 159.3 |
Skeletal Health | 32.4 |  |  | 27.3 |
Corporate | 2,104.3 |  |  | 1,522.5 |
| $ | 6,803.1 |  |  | $ | 6,442.1 |
The Company had no customers that represented greater than 10% of consolidated revenues during the three and nine months ended June 27, 2020 and June 29, 2019. The Company operates in the major geographic areas 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 |  |  |  | Nine Months Ended |  |
| June 27, 2020 |  | June 29, 2019 |  | June 27, 2020 |  | June 29, 2019
United States | 80.3 | % |  | 75.4 | % |  | 76.9 | % |  | 75.1 | %
Europe | 12.4 | % |  | 11.3 | % |  | 13.3 | % |  | 12.0 | %
Asia-Pacific | 5.3 | % |  | 8.9 | % |  | 6.4 | % |  | 8.4 | %
Rest of World | 2.0 | % |  | 4.4 | % |  | 3.4 | % |  | 4.5 | %
| 100.0 | % |  | 100.0 | % |  | 100.0 | % |  | 100.0 | %

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- Definition The entire disclosure for reporting segments including data and tables. Reportable segments include those that meet any of the following quantitative thresholds a) it's reported revenue, including sales to external customers and intersegment sales or transfers is 10 percent or more of the combined revenue, internal and external, of all operating segments b) the absolute amount of its reported profit or loss is 10 percent or more of the greater, in absolute amount of 1) the combined reported profit of all operating segments that did not report a loss or 2) the combined reported loss of all operating segments that did report a loss c) its assets are 10 percent or more of the combined assets of all operating segments. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -URI http://asc.fasb.org/topic&trid=2134510 + Details
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