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Business Segments and Geographic Information
3 Months Ended
Dec. 25, 2021
Segment Reporting [Abstract]  
Business Segments and Geographic Information Business Segments and Geographic InformationThe Company has four reportable segments: Diagnostics, Breast Health, GYN Surgical and Skeletal Health. 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, goodwill and intangible asset impairment charges, transaction and integration expenses for acquisitions, restructuring, consolidation and divestiture charges, litigation 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 months ended December 25, 2021 and December 26, 2020. Segment information is as follows:
 Three Months Ended
 December 25,
2021
December 26,
2020
Total revenues:
Diagnostics$950.4 $1,128.2 
Breast Health359.3 332.7 
GYN Surgical134.3 124.0 
Skeletal Health27.1 24.9 
$1,471.1 $1,609.8 
Income from operations:
Diagnostics$531.8 $784.5 
Breast Health81.7 86.3 
GYN Surgical26.6 13.7 
Skeletal Health1.2 1.0 
$641.3 $885.5 
Depreciation and amortization:
Diagnostics$69.4 $56.3 
Breast Health15.5 13.1 
GYN Surgical22.9 23.2 
Skeletal Health0.2 0.2 
$108.0 $92.8 
Capital expenditures:
Diagnostics$9.7 $38.3 
Breast Health4.2 2.9 
GYN Surgical2.1 3.3 
Skeletal Health0.1 — 
Corporate0.1 0.3 
$16.2 $44.8 
 
December 25,
2021
September 25,
2021
Identifiable assets:
Diagnostics$3,272.1 $3,348.8 
Breast Health1,218.7 1,233.9 
GYN Surgical1,517.1 1,369.7 
Skeletal Health38.1 31.9 
Corporate3,239.1 2,935.6 
$9,285.1 $8,919.9 
The Company had no customers that represented greater than 10% of consolidated revenues during the three months ended December 25, 2021 and December 26, 2020.
The Company operates in the following 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, the United Kingdom and Germany. 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 25,
2021
December 26,
2020
United States68.8 %70.7 %
Europe20.1 %21.0 %
Asia-Pacific8.1 %5.5 %
Rest of World3.0 %2.8 %
100.0 %100.0 %