BUSINESS SEGMENT INFORMATION Our Interim Chief Executive Officer (the Chief Operating Decision Maker) regularly reviews financial information for our two operating segments, Test &amp; Simulation and Sensors. Test &amp; Simulation manufactures and sells testing and simulation solutions including hardware, software and services that are used by customers in product development to characterize a product's mechanical properties along with simulation systems for human response features. Sensors manufactures and sells precision sensors that provide measurements of vibration, pressure, position, force and sound in a variety of applications. In evaluating each segment's performance, our Interim Chief Executive Officer focuses on income from operations. This measure excludes interest income and expense, income taxes and other non-operating items. Corporate expenses, including costs associated with various support functions such as human resources, information technology, legal, finance and accounting, and general and administrative costs are allocated to the reportable segments on the basis of revenue. The accounting policies of the reportable segments are the same as those described in Note 1 and Note 3 of this Annual Report on Form 10-K. Intersegment revenue is based on standard costs with reasonable mark-ups established between the reportable segments. All significant intersegment amounts are eliminated to arrive at consolidated financial results. Financial information by reportable segment is as follows: 2020 2019 2018 Revenue Test &amp; Simulation $ 490,634 $ 558,908 $ 464,924 Sensors 339,223 334,976 314,269 Intersegment eliminations (1,271) (1,366) (1,161) Total revenue $ 828,586 $ 892,518 $ 778,032 Income from Operations Test &amp; Simulation 1 $ (90,455) $ 34,080 $ 19,225 Sensors (157,030) 45,620 45,980 Intersegment eliminations (2) 5 (33) Total income from operations $ (247,487) $ 79,705 $ 65,172 Identifiable Assets Test &amp; Simulation 2 $ 442,707 $ 419,403 $ 299,242 Sensors 2 707,554 878,602 840,187 Intersegment eliminations (30) (28) (33) Total identifiable assets $ 1,150,231 $ 1,297,977 $ 1,139,396 Goodwill Test &amp; Simulation 3 $ 48,840 $ 61,153 $ 24,631 Sensors 3 179,800 367,886 344,644 Total goodwill $ 228,640 $ 429,039 $ 369,275 Capital Expenditures Test &amp; Simulation $ 10,203 $ 18,792 $ 8,111 Sensors 13,690 11,733 4,210 Total capital expenditures $ 23,893 $ 30,525 $ 12,321 Depreciation and Amortization Test &amp; Simulation $ 26,150 $ 19,529 $ 16,353 Sensors 20,537 18,446 18,139 Total depreciation and amortization $ 46,687 $ 37,975 $ 34,492 1 Test &amp; Simulation income from operations for fiscal year 2020 includes $11,848 of pre-tax severance and related expense. See Note 17 for additional information on restructuring and related costs. 2 Test &amp; Simulation and Sensors identifiable assets for fiscal year 2020 reflects the impact of $89,814 and $201,574, respectively, in impairment of asset charges. See Note 1 for additional information on our impairment analysis. 3 Test &amp; Simulation and Sensors goodwill for fiscal year 2020 reflects the impact of $53,344 and $188,174, respectively, in impairment of asset charges. See Note 1 for additional information on our goodwill impairment analysis. Geographic information is as follows: 2020 2019 2018 Revenue U.S. $ 288,276 $ 306,574 $ 245,909 Europe 236,428 224,982 223,236 China 161,622 189,227 165,421 Asia, excluding China 106,910 131,771 113,953 Americas, excluding U.S. 35,350 39,964 29,513 Total revenue $ 828,586 $ 892,518 $ 778,032 Property and Equipment, Net U.S. $ 77,491 $ 81,119 $ 69,782 Europe 12,311 13,927 15,130 China 4,750 5,424 4,858 Asia, excluding China 558 613 499 Total property and equipment, net $ 95,110 $ 101,083 $ 90,269 Revenue by geographic area is presented based on customer location. The U.S. and China were the only countries with revenue in excess of 10% of total revenue during fiscal years 2020, 2019 and 2018. No single customer accounted for 10% or more of consolidated revenue for fiscal years 2020, 2019 and 2018. Revenue is not reported for each of our products and services because it is impracticable to do so.