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Segment Information
 9 Months Ended
Sep. 30, 2012
Segment Information [Abstract]  
SEGMENT INFORMATION

10. SEGMENT INFORMATION

The Company has three operating segments as defined under ASC Topic 280, Segment Reporting. Business units are organized under each segment because they share certain characteristics, such as technology, marketing, distribution and product application, which create long-term synergies. The principal activities of the Company’s operating segments are as follows:

Safety and Security Systems — Our Safety and Security Systems Group is a leading manufacturer and supplier of comprehensive systems and products that law enforcement, fire rescue, emergency medical services, campuses, military facilities and industrial sites use to protect people and property. Offerings include systems for campus and community alerting, emergency vehicles, first responder interoperable communications, industrial communications and command and municipal networked security. Specific products include lightbars and sirens, public warning sirens and public safety software. Products are primarily sold under the Federal SignalTM, Federal Signal VAMATM, Target Tech ®, and Victor TM brand names. The Group operates manufacturing facilities in North America, Europe, and South Africa.

Fire Rescue — Our Fire Rescue Group manufactures articulated and telescopic aerial platforms for rescue and fire fighting and for maintenance purposes. This Group sells to municipal and industrial fire services, civil defense authorities, rental companies, electric utilities and industrial customers. The Group manufactures in Finland and sells globally under the Bronto Skylift® brand name.

Environmental Solutions — Our Environmental Solutions Group manufactures a variety of self-propelled street cleaning vehicles, vacuum loader vehicles, municipal catch basin/sewer cleaning vacuum trucks, and waterblasting equipment. The Group sells primarily to municipal and government customers and industrial contractors. Products are sold under the Elgin ®, Vactor®, Guzzler ® and Jetstream ® brand names. The Group primarily manufactures its vehicles and equipment in the United States.

Corporate contains those items that are not included in our operating segments.

The Company evaluates performance based on operating income of the respective segment. Operating income includes all revenues, costs and expenses directly related to the segment involved. In determining operating segment income, neither corporate nor interest expenses are included. Operating segment depreciation expense, identifiable assets and capital expenditures relate to those assets that are utilized by the respective operating segment. Corporate assets consist principally of cash and cash equivalents, short-term investments, notes and other receivables and fixed assets. The accounting policies of each operating segment are the same as those described in the summary of significant accounting policies in the Company’s Annual Report on Form 10-K for the year ended December 31, 2011. Intersegment sales were not material for the nine months ended September 30, 2012 and 2011.

We have reclassified certain prior-period amounts to conform to the current period presentation. Segment results have been recast to exclude the results of the FSTech Group’s operations, which have been presented as discontinued operations. Information regarding the Company’s discontinued operations is included in Note 12—Discontinued Operations.

 

The following table summarizes the Company’s net sales, operating income (loss), and total assets by segment. The results for the interim periods are not necessarily indicative of results for a full year.

 

                                         
($ in millions)   Safety
And
Security
Systems		     Fire
Rescue		     Environmental
Solutions		     Corporate
And
Eliminations		     Total  

Three months ended September 30, 2012

                                        

Net sales

   $ 57.8     $ 25.6     $ 101.6     $ —       $ 185.0  

Operating income (loss)

     7.8       1.9       9.3       (6.6 )      12.4  

Three months ended September 30, 2011

                                        

Net sales

     52.0       22.2       93.6       —         167.8  

Operating income (loss)

     4.4       0.2       7.7       (3.8 )      8.5  

 

                                         
($ in millions)   Safety
And
Security
Systems		     Fire
Rescue		     Environmental
Solutions		     Corporate
And
Eliminations		     Total  

Nine months ended September 30, 2012

                                        

Net sales

   $ 173.2     $ 90.7     $ 321.6     $ —       $ 585.5  

Operating income (loss)

     18.7       4.4       33.8       (18.4 )      38.5  

Nine months ended September 30, 2011

                                        

Net sales

     161.0       68.1       264.6       —         493.7  

Operating income (loss)

     15.9       1.7       17.8       (13.7 )      21.7  

 

                                                 
($ in millions)   Safety
And
Security
Systems		     Fire
Rescue		     Environmental
Solutions		     Corporate
And
Eliminations		     Discontinued
Operations		     Total  

As of September 30, 2012

                                                

Total assets

   $ 205.8     $ 111.7     $ 251.9     $ 34.9     $ 2.9     $ 607.2  

As of December 31, 2011

                                                

Total assets

   $ 200.3     $ 117.3     $ 231.7     $ 22.6     $ 134.8     $ 706.7