Quarterly report pursuant to Section 13 or 15(d)

Consolidated Statements of Income

v3.2.0.727
Consolidated Statements of Income - USD ($)
shares in Millions, $ in Millions
3 Months Ended 9 Months Ended
Jun. 30, 2015
Jun. 30, 2014
Jun. 30, 2015
Jun. 30, 2014
Income Statement [Abstract]        
Net revenue $ 398.7 [1] $ 416.8 [1] $ 1,204.8 $ 1,198.5
Cost of goods sold 259.8 267.5 778.9 775.4
Gross profit 138.9 149.3 425.9 423.1
Operating expenses 85.6 97.7 268.5 291.6
Operating profit 53.3 51.6 157.4 131.5
Interest expense 5.7 5.6 17.8 17.5
Other income (expense), net (1.3) 0.1 (6.3) 9.7
Income before income taxes 46.3 46.1 133.3 123.7
Income tax expense 13.8 12.7 39.9 35.4
Consolidated net income 32.5 33.4 93.4 88.3
Less: Net income attributable to noncontrolling interests 0.4 0.6 1.1 2.2
Total reclassifications for the period, net of tax [2],[3] $ 32.1 $ 32.8 $ 92.3 $ 86.1
Net income - per share of common stock:        
Basic earnings per share [2] $ 0.51 $ 0.52 $ 1.46 $ 1.36
Diluted earnings per share $ 0.50 $ 0.51 $ 1.44 $ 1.35
Weighted average shares outstanding (basic) 63.3 63.1 63.2 63.2
Weighted average shares outstanding (diluted) 63.9 63.7 63.8 63.8
Cash dividends declared per share $ 0.2 $ 0.1975 $ 0.6 $ 0.5925
[1] We attribute revenue to a geography based upon the location of the business unit that consummates the external sale.
[2] Net income attributable to Hillenbrand
[3] Net income attributable to Hillenbrand