v3.22.1
Consolidated Statements of Income - USD ($)
shares in Millions, $ in Millions
3 Months Ended 6 Months Ended
Mar. 31, 2022
Mar. 31, 2021
Mar. 31, 2022
Mar. 31, 2021
Income Statement [Abstract]        
Net revenue $ 742.0 $ 722.3 $ 1,470.4 $ 1,414.8
Cost of goods sold 498.7 476.4 989.8 924.7
Gross profit 243.3 245.9 480.6 490.1
Operating expenses 131.8 138.0 259.9 269.6
Amortization expense 13.7 14.1 27.4 27.7
(Gain) loss on divestitures 0.0 (34.1) 3.1 (65.7)
Interest expense 17.3 19.5 35.2 40.7
Other income, net 4.7 1.0 3.6 0.6
Income before income taxes 85.2 109.4 158.6 218.4
Income tax expense 29.4 30.4 52.7 61.7
Consolidated net income 55.8 79.0 105.9 156.7
Less: Net income attributable to noncontrolling interests 1.5 0.9 2.6 2.2
Net income attributable to Hillenbrand $ 54.3 $ 78.1 $ 103.3 $ 154.5
Earnings Per Share [Abstract]        
Basic earnings per share $ 0.74 $ 1.04 $ 1.42 $ 2.05
Diluted earnings per share $ 0.74 $ 1.03 $ 1.40 $ 2.04
Weighted average shares outstanding (basic) 73.1 75.5 72.9 75.4
Weighted average shares outstanding (diluted) 73.7 76.2 73.5 75.8

Source