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SEGMENT INFORMATION | 3 Months Ended
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Mar. 28, 2020
Segment Reporting [Abstract] |
SEGMENT INFORMATION | SEGMENT INFORMATION The Company’s three reportable segments are RMS, DSA, and Manufacturing. The following table presents revenue and other financial information by reportable segment:
| Three Months Ended |  |  |  |  |  |
| March 28, 2020 |  | March 30, 2019 |  |  |  |
| (in thousands) |  |  |  |  |  |
RMS |  |  |  |  |  |  |
Revenue | $ | 145,996 |  |  | $ | 137,172 |  |  |  |  |
Operating income | 27,373 |  |  | 37,832 |  |  |  |  |
Depreciation and amortization | 8,752 |  |  | 4,322 |  |  |  |  |
Capital expenditures | 5,412 |  |  | 4,112 |  |  |  |  |
DSA |  |  |  |  |  |  |
Revenue | $ | 438,683 |  |  | $ | 354,197 |  |  |  |  |
Operating income | 72,283 |  |  | 46,705 |  |  |  |  |
Depreciation and amortization | 41,330 |  |  | 33,784 |  |  |  |  |
Capital expenditures | 14,729 |  |  | 8,848 |  |  |  |  |
Manufacturing |  |  |  |  |  |  |
Revenue | $ | 122,380 |  |  | $ | 113,200 |  |  |  |  |
Operating income | 41,112 |  |  | 31,499 |  |  |  |  |
Depreciation and amortization | 6,366 |  |  | 5,805 |  |  |  |  |
Capital expenditures | 5,161 |  |  | 3,606 |  |  |  |  |
Reconciliations of segment operating income, depreciation and amortization, and capital expenditures to the respective consolidated amounts are as follows:
| Operating Income |  |  |  | Depreciation and Amortization |  |  |  | Capital Expenditures |  |
| March 28, 2020 |  | March 30, 2019 |  | March 28, 2020 |  | March 30, 2019 |  | March 28, 2020 |  | March 30, 2019
| (in thousands) |  |  |  |  |  |  |  |  |  |
Three Months Ended: |  |  |  |  |  |  |  |  |  |  |
Total reportable segments | $ | 140,768 |  |  | $ | 116,036 |  |  | $ | 56,448 |  |  | $ | 43,911 |  |  | $ | 25,302 |  |  | $ | 16,566 |
Unallocated corporate | (46,487) |  |  | (46,244) |  |  | 812 |  |  | 1,447 |  |  | 419 |  |  | 165 |
Total consolidated | $ | 94,281 |  |  | $ | 69,792 |  |  | $ | 57,260 |  |  | $ | 45,358 |  |  | $ | 25,721 |  |  | $ | 16,731 |
Revenue for each significant product or service offering is as follows:
| Three Months Ended |  |  |  |  |  |
| March 28, 2020 |  | March 30, 2019 |  |  |  |
| (in thousands) |  |  |  |  |  |
RMS | $ | 145,996 |  |  | $ | 137,172 |  |  |  |  |
DSA | 438,683 |  |  | 354,197 |  |  |  |  |
Manufacturing | 122,380 |  |  | 113,200 |  |  |  |  |
Total revenue | $ | 707,059 |  |  | $ | 604,569 |  |  |  |  |
A summary of unallocated corporate expense consists of the following:
| Three Months Ended |  |  |  |  |  |
| March 28, 2020 |  | March 30, 2019 |  |  |  |
| (in thousands) |  |  |  |  |  |
Stock-based compensation | $ | 6,704 |  |  | $ | 8,274 |  |  |  |  |
Compensation, benefits, and other employee-related expenses | 21,980 |  |  | 22,038 |  |  |  |  |
External consulting and other service expenses | 2,469 |  |  | 3,810 |  |  |  |  |
Information technology | 3,716 |  |  | 2,723 |  |  |  |  |
Depreciation | 812 |  |  | 1,447 |  |  |  |  |
Acquisition and integration | 6,983 |  |  | 5,472 |  |  |  |  |
Other general unallocated corporate | 3,823 |  |  | 2,480 |  |  |  |  |
Total unallocated corporate expense | $ | 46,487 |  |  | $ | 46,244 |  |  |  |  |
Other general unallocated corporate expense consists of costs associated with departments such as senior executives, corporate accounting, legal, tax, human resources, treasury, and investor relations. Revenue by geographic area is as follows:
| U.S. |  | Europe |  | Canada |  | Asia Pacific |  | Other |  | Consolidated
| (in thousands) |  |  |  |  |  |  |  |  |  |
Three Months Ended: |  |  |  |  |  |  |  |  |  |  |
March 28, 2020 | $ | 406,712 |  |  | $ | 190,262 |  |  | $ | 76,633 |  |  | $ | 31,829 |  |  | $ | 1,623 |  |  | $ | 707,059 |
March 30, 2019 | 350,176 |  |  | 166,365 |  |  | 53,979 |  |  | 33,179 |  |  | 870 |  |  | 604,569 |
Included in the Other category above are operations located in Brazil and Israel. Revenue represents sales originating in entities physically located in the identified geographic area.

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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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