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SEGMENT INFORMATION | 9 Months Ended
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Sep. 24, 2022
Segment Reporting [Abstract] |
SEGMENT INFORMATION | SEGMENT INFORMATION The following table presents revenue and other financial information by reportable segment:
| Three Months Ended |  | Nine Months Ended
| September 24, 2022 |  | September 25, 2021 |  | September 24, 2022 |  | September 25, 2021
| (in thousands)
RMS |  |  |  |  |  |  |
Revenue | $ | 180,114 |  |  | $ | 171,258 |  |  | $ | 543,066 |  |  | $ | 524,862 |
Operating income | 35,891 |  |  | 39,111 |  |  | 123,299 |  |  | 126,626 |
Depreciation and amortization | 13,128 |  |  | 9,927 |  |  | 35,825 |  |  | 29,450 |
Capital expenditures | 10,743 |  |  | 18,026 |  |  | 33,239 |  |  | 29,521 |
DSA |  |  |  |  |  |  |
Revenue | $ | 619,463 |  |  | $ | 531,823 |  |  | $ | 1,755,639 |  |  | $ | 1,573,095 |
Operating income | 142,143 |  |  | 116,548 |  |  | 375,922 |  |  | 312,011 |
Depreciation and amortization | 43,913 |  |  | 44,072 |  |  | 135,328 |  |  | 132,268 |
Capital expenditures | 43,400 |  |  | 23,270 |  |  | 133,908 |  |  | 60,783 |
Manufacturing |  |  |  |  |  |  |
Revenue | $ | 189,580 |  |  | $ | 192,856 |  |  | $ | 577,512 |  |  | $ | 537,153 |
Operating income | 31,479 |  |  | 48,563 |  |  | 140,350 |  |  | 154,717 |
Depreciation and amortization | 17,005 |  |  | 13,953 |  |  | 53,487 |  |  | 34,474 |
Capital expenditures | 18,137 |  |  | 13,296 |  |  | 65,396 |  |  | 34,008 |
The following tables present reconciliations of segment operating income, depreciation and amortization, and capital expenditures to the respective consolidated amounts:
| Operating Income |  | Depreciation and Amortization |  | Capital Expenditures
| September 24, 2022 |  | September 25, 2021 |  | September 24, 2022 |  | September 25, 2021 |  | September 24, 2022 |  | September 25, 2021
| (in thousands)
Three Months Ended: |  |  |  |  |  |  |  |  |  |  |
Total reportable segments | $ | 209,513 |  |  | $ | 204,222 |  |  | $ | 74,046 |  |  | $ | 67,952 |  |  | $ | 72,280 |  |  | $ | 54,592 |
Unallocated corporate | (58,537) |  |  | (48,420) |  |  | 559 |  |  | 734 |  |  | 113 |  |  | 944 |
Total consolidated | $ | 150,976 |  |  | $ | 155,802 |  |  | $ | 74,605 |  |  | $ | 68,686 |  |  | $ | 72,393 |  |  | $ | 55,536 |
Nine Months Ended |  |  |  |  |  |  |  |  |  |  |
Total reportable segments | $ | 639,571 |  |  | $ | 593,354 |  |  | $ | 224,640 |  |  | $ | 196,192 |  |  | $ | 232,543 |  |  | $ | 124,312 |
Unallocated corporate | (152,406) |  |  | (176,299) |  |  | 1,685 |  |  | 2,107 |  |  | 3,166 |  |  | 5,685 |
Total consolidated | $ | 487,165 |  |  | $ | 417,055 |  |  | $ | 226,325 |  |  | $ | 198,299 |  |  | $ | 235,709 |  |  | $ | 129,997 |
Revenue for each significant product or service offering is as follows:
| Three Months Ended |  | Nine Months Ended
| September 24, 2022 |  | September 25, 2021 |  | September 24, 2022 |  | September 25, 2021
| (in thousands)
RMS | $ | 180,114 |  |  | $ | 171,258 |  |  | $ | 543,066 |  |  | $ | 524,862 |
DSA | 619,463 |  |  | 531,823 |  |  | 1,755,639 |  |  | 1,573,095 |
Manufacturing | 189,580 |  |  | 192,856 |  |  | 577,512 |  |  | 537,153 |
Total revenue | $ | 989,157 |  |  | $ | 895,937 |  |  | $ | 2,876,217 |  |  | $ | 2,635,110 |
A summary of unallocated corporate expense consists of the following:
| Three Months Ended |  | Nine Months Ended
| September 24, 2022 |  | September 25, 2021 |  | September 24, 2022 |  | September 25, 2021
| (in thousands)
Stock-based compensation | $ | 13,381 |  |  | $ | 13,258 |  |  | $ | 30,415 |  |  | $ | 31,317 |
Compensation, benefits, and other employee-related expenses | 28,313 |  |  | 17,249 |  |  | 77,456 |  |  | 70,535 |
External consulting and other service expenses | 4,144 |  |  | 6,670 |  |  | 13,190 |  |  | 20,327 |
Information technology | 4,359 |  |  | 4,074 |  |  | 9,912 |  |  | 12,286 |
Depreciation | 559 |  |  | 734 |  |  | 1,685 |  |  | 2,107 |
Acquisition and integration | 1,059 |  |  | 3,392 |  |  | 9,899 |  |  | 28,988 |
Other general unallocated corporate | 6,722 |  |  | 3,043 |  |  | 9,849 |  |  | 10,739 |
Total unallocated corporate expense | $ | 58,537 |  |  | $ | 48,420 |  |  | $ | 152,406 |  |  | $ | 176,299 |
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: |  |  |  |  |  |  |  |  |  |  |
September 24, 2022 | $ | 595,265 |  |  | $ | 245,928 |  |  | $ | 101,601 |  |  | $ | 43,803 |  |  | $ | 2,560 |  |  | $ | 989,157 |
September 25, 2021 | 493,564 |  |  | 258,353 |  |  | 85,252 |  |  | 56,607 |  |  | 2,161 |  |  | 895,937 |
Nine Months Ended: |  |  |  |  |  |  |  |  |  |  |
September 24, 2022 | $ | 1,688,731 |  |  | $ | 760,599 |  |  | $ | 280,541 |  |  | $ | 138,988 |  |  | $ | 7,358 |  |  | $ | 2,876,217 |
September 25, 2021 | 1,433,665 |  |  | 771,594 |  |  | 252,924 |  |  | 171,186 |  |  | 5,741 |  |  | 2,635,110 |
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://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 31 -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8924-108599 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 34 -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8981-108599 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 21 -Subparagraph (a) -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8721-108599 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 40 -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e9031-108599 Reference 5: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 32 -Subparagraph (f) -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8933-108599 Reference 6: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 32 -Subparagraph (e) -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8933-108599 Reference 7: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 26 -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8844-108599 Reference 8: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 41 -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e9038-108599 Reference 9: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 32 -Subparagraph (d) -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8933-108599 Reference 10: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 22 -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8736-108599 Reference 11: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 42 -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e9054-108599 Reference 12: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 15 -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8657-108599 Reference 13: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 21 -Subparagraph (b) -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8721-108599 Reference 14: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -URI https://asc.fasb.org/topic&trid=2134510 + Details
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