Quarterly report pursuant to Section 13 or 15(d)

Other Income (Expense), Net

v3.2.0.727
Other Income (Expense), Net
9 Months Ended
Jun. 30, 2015
Other Nonoperating Income (Expense) [Abstract]  
Other Income and Other Expense
Other Income (Expense), Net
 
Three Months Ended
June 30,
 
Nine Months Ended
June 30,
 
2015
 
2014
 
2015
 
2014
Equity in net income (loss) of affiliates
$
(0.6
)
 
$

 
$
(2.0
)
 
$
2.6

Foreign currency exchange loss, net
(0.2
)
 

 
(4.3
)
 
(0.6
)
Gain on exercise of warrants

 

 

 
5.2

Service agreement cancellation

 

 

 
2.5

Other, net
(0.5
)
 
0.1

 

 

Other income and (expense), net
$
(1.3
)
 
$
0.1

 
$
(6.3
)
 
$
9.7


  
Following our spin-off from our former parent, we held warrants to purchase the common stock of Forethought Financial Group, Inc. (“Forethought”). Forethought was acquired by a third party during the second quarter of 2014. In connection with that acquisition, these warrants were exercised for $6.2, resulting in a gain of $5.2.

We recognized a $2.5 gain related to the cancellation of a service agreement at Batesville during the second quarter of 2014.