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SEGMENT INFORMATION

12 Months Ended

Jun. 30, 2020

SEGMENT INFORMATION

SEGMENT INFORMATION

15. SEGMENT INFORMATION

We have determined that we operate in three identifiable industry segments: (a) security and inspection systems (Security division), (b) medical monitoring and diagnostic cardiology systems (Healthcare division) and (c) optoelectronic devices and manufacturing (Optoelectronics and Manufacturing division). We also have a corporate segment (Corporate) that includes executive compensation and certain other general and administrative expenses; expenses related to stock issuances and legal, audit and other professional service fees not allocated to industry segments. Both the Security and Healthcare divisions comprise primarily end-product businesses whereas the Optoelectronics and Manufacturing division primarily supplies components and subsystems to external OEM customers, as well as to the Security and Healthcare divisions. Sales between divisions are at transfer prices that approximate market values. All other accounting policies of the segments are the same as described in Note 1, Summary of Significant Accounting Policies.

The following tables present the operations and identifiable assets by industry segment (in thousands):


		2018
								Optoelectronics
								and
		Security			Healthcare			Manufacturing
		Division			Division			Division			Corporate			Eliminations			Consolidated
Revenues:
External customer revenue		$	690,001		$	189,387		$	209,898		$	—		$	—		$	1,089,286
Revenue between product segments			—			—			44,587			—			(44,587)			—
Total revenues		$	690,001		$	189,387		$	254,485		$	—			(44,587)		$	1,089,286
Income (loss) from operations		$	84,106		$	(14,609)		$	22,024		$	(35,030)		$	(583)		$	55,908
Segments assets		$	804,527		$	167,611		$	220,373		$	66,453		$	(3,273)		$	1,255,691
Capital expenditures		$	14,479		$	1,540		$	3,286		$	23,893		$	—		$	43,198
Depreciation and amortization		$	55,630		$	4,910		$	7,766		$	1,448		$	—		$	69,754


		2019
								Optoelectronics
								and
		Security			Healthcare			Manufacturing
		Division			Division			Division			Corporate			Eliminations			Consolidated
Revenues:
External customer revenue		$	747,550		$	188,477		$	246,088		$	—		$	—		$	1,182,115
Revenue between product segments			—			—			42,542			—			(42,542)			—
Total revenues		$	747,550		$	188,477		$	288,630		$	—			(42,542)		$	1,182,115
Income (loss) from operations		$	97,426		$	12,277		$	29,519		$	(30,598)		$	(850)		$	107,774
Segments assets		$	793,810		$	157,639		$	237,851		$	79,498		$	(3,934)		$	1,264,864
Capital expenditures		$	15,830		$	1,372		$	4,760		$	5,450		$	—		$	27,412
Depreciation and amortization		$	39,788		$	5,426		$	9,269		$	1,751		$	—		$	56,234


		2020
								Optoelectronics
								and
		Security			Healthcare			Manufacturing
		Division			Division			Division			Corporate			Eliminations			Consolidated
Revenues:
External customer revenue		$	742,043		$	185,322		$	238,679		$	—		$	—		$	1,166,044
Revenue between product segments			—			—			45,149			—			(45,149)			—
Total revenues		$	742,043		$	185,322		$	283,828		$	—			(45,149)		$	1,166,044
Income (loss) from operations		$	90,063		$	15,766		$	30,566		$	(31,630)		$	122		$	104,887
Segments assets		$	758,054		$	208,857		$	232,408		$	109,178		$	(39,956)		$	1,268,541
Capital expenditures		$	8,648		$	1,404		$	6,291		$	4,045		$	—		$	20,388
Depreciation and amortization		$	34,907		$	4,390		$	8,785		$	1,676		$	—		$	49,758

The following tables present the revenues and identifiable assets by geographical area (in thousands):


		2018
		External			Intersegment			Total			Long-lived			Long-lived
		revenues			revenues			Consolidated			tangible assets			assets
Geographic region:
United States		$	552,677		$	9,221		$	561,898		$	103,582		$	457,516
Mexico			106,472			—			106,472			12,143			12,143
Other Americas			25,060			—			25,060			4,027			29,491
Total Americas			684,209			9,221			693,430			119,752			499,150
United Kingdom			231,909			162			232,071			21,916			71,126
Other Europe, Middle East and Africa			25,694			—			25,694			9,993			13,458
Total EMEA			257,603			162			257,765			31,909			84,584
Asia-Pacific			147,474			35,204			182,678			16,512			18,653
Eliminations			—			(44,587)			(44,587)			N/A			N/A
Total		$	1,089,286		$	—		$	1,089,286		$	168,173		$	602,387


		2019
		External			Intersegment			Total			Long-lived			Long-lived
		revenues			revenues			Consolidated			tangible assets			assets
Geographic region:
United States		$	565,316		$	10,107		$	575,423		$	117,414		$	476,314
Mexico			71,225			—			71,225			436			436
Other Americas			45,804			—			45,804			3,178			27,039
Total Americas			682,345			10,107			692,452			121,028			503,789
United Kingdom			292,297			214			292,511			30,282			80,896
Other Europe, Middle East and Africa			30,484			—			30,484			8,833			12,237
Total EMEA			322,781			214			322,995			39,115			93,133
Asia-Pacific			176,989			32,221			209,210			19,763			23,046
Eliminations			—			(42,542)			(42,542)			N/A			N/A
Total		$	1,182,115		$	—		$	1,182,115		$	179,906		$	619,968


		2020
		External			Intersegment			Total			Long-lived			Long-lived
		revenues			revenues			Consolidated			tangible assets			assets
Geographic region:
United States		$	571,134		$	16,515		$	587,649		$	118,322		$	475,856
Mexico			66,626			—			66,626			974			974
Other Americas			45,896			—			45,896			8,539			29,551
Total Americas			683,656			16,515			700,171			127,835			506,381
United Kingdom			268,940			529			269,469			21,823			75,382
Other Europe, Middle East and Africa			46,099			—			46,099			7,252			10,611
Total EMEA			315,039			529			315,568			29,075			85,993
Asia-Pacific			167,349			28,105			195,454			23,972			27,414
Eliminations			—			(45,149)			(45,149)			N/A			N/A
Total		$	1,166,044		$	—		$	1,166,044		$	180,882		$	619,788

Pursuant to Accounting Standards Codification 280 “Segment Reporting,” external revenues are attributed to individual countries based upon the location of our selling entity.