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Segment Information
6 Months Ended
Jun. 30, 2014
Segment Reporting [Abstract]  
Segment Information
SEGMENT INFORMATION
The Company has three major operating segments: Environmental Solutions, Safety and Security Systems, and Fire Rescue. The individual operating businesses are organized under each segment because they share certain characteristics, such as technology, marketing, distribution and product application, which create long-term synergies. The Company's reportable segments are consistent with its operating segments. The principal activities of these segments are as follows:
Environmental Solutions — The 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. This 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.
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 vehicle lightbars and sirens, public warning sirens, and public safety software. Products are primarily sold under the Federal Signal, Federal Signal VAMA, Target Tech®, and Victor brand names. The Group operates manufacturing facilities in North America, Europe, and South Africa.
Fire Rescue — The 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.

Corporate contains those items that are not included in our operating segments.
Net sales by operating segment reflect sales of products and services to external customers, as reported in the Company’s condensed consolidated statements of operations. Intersegment sales are insignificant. 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. Total assets relate to those assets that are utilized by the respective operating segment. Corporate assets consist principally of cash and cash equivalents, notes and other receivables, and fixed assets. The accounting policies of each operating segment are the same as those described within Note 1, Significant Accounting Policies, in the Company’s Annual Report on Form 10-K for the year ended December 31, 2013. The results for the interim periods are not necessarily indicative of results for a full year.
The following tables summarize the Company’s net sales, operating income (loss), and total assets by segment:
 
Three Months Ended 
 June 30,
 
Six Months Ended 
 June 30,
(in millions)
2014
 
2013
 
2014
 
2013
Net sales:
 
 
 
 
 
 
 
Environmental Solutions
$
139.2

 
$
128.3

 
$
259.9

 
$
240.0

Safety and Security Systems
61.3

 
56.8

 
116.3

 
115.3

Fire Rescue
34.1

 
37.5

 
58.6

 
67.1

Total net sales
$
234.6

 
$
222.6

 
$
434.8

 
$
422.4

Operating income (loss):
 
 
 
 
 
 
 
Environmental Solutions
$
23.1

 
$
15.8

 
$
38.3

 
$
28.5

Safety and Security Systems
7.5

 
3.6

 
11.8

 
9.1

Fire Rescue
(0.3
)
 
3.4

 
(1.1
)
 
4.1

Corporate and eliminations
(6.4
)
 
(4.6
)
 
(12.3
)
 
(11.4
)
Total operating income
23.9

 
18.2

 
36.7

 
30.3

Interest expense
0.9

 
1.7

 
1.9

 
6.2

Debt settlement charges

 

 

 
8.7

Other expense (income), net
0.3

 
0.1

 
0.3

 
(0.1
)
Income before income taxes
$
22.7

 
$
16.4

 
$
34.5

 
$
15.5

(in millions)
As of 
 June 30, 2014
 
As of December 31, 2013
Total assets:
 
 
 
Environmental Solutions
$
249.4

 
$
236.0

Safety and Security Systems
214.3

 
213.4

Fire Rescue
128.9

 
116.4

Corporate and eliminations
60.7

 
73.6

Total assets of continuing operations
653.3

 
639.4

Total assets of discontinued operations
5.2

 
5.4

Total assets
$
658.5

 
$
644.8