Quarterly report pursuant to Section 13 or 15(d)

Segment and Geographical Information

v3.2.0.727
Segment and Geographical Information
9 Months Ended
Jun. 30, 2015
Segment Reporting [Abstract]  
Segment and Geographical Information
Segment and Geographical Information
 
 
Three Months Ended June 30,
 
Nine Months Ended June 30,
 
2015
 
2014
 
2015
 
2014
Net revenue
 

 
 

 
 

 
 

Process Equipment Group
$
253.6

 
$
274.0

 
$
750.8

 
$
755.7

Batesville
145.1

 
142.8

 
454.0

 
442.8

Total
$
398.7

 
$
416.8

 
$
1,204.8

 
$
1,198.5

 
 
 
 
 
 
 
 
Adjusted EBITDA
 

 
 

 
 

 
 

Process Equipment Group
$
43.7

 
$
44.1

 
$
116.3

 
$
96.8

Batesville
32.2

 
34.3

 
108.9

 
113.7

Corporate
(9.7
)
 
(7.6
)
 
(30.1
)
 
(17.3
)
 
 
 
 
 
 
 
 
Net revenue (1)
 

 
 

 
 

 
 

United States
$
226.6

 
$
224.7

 
$
679.3

 
$
643.0

International
172.1

 
192.1

 
525.5

 
555.5

Total
$
398.7

 
$
416.8

 
$
1,204.8

 
$
1,198.5

 
(1) We attribute revenue to a geography based upon the location of the business unit that consummates the external sale.
 
 
June 30,
2015
 
September 30,
2014
Total assets assigned
 

 
 

Process Equipment Group
$
1,521.5

 
$
1,632.8

Batesville
216.6

 
237.8

Corporate
66.7

 
47.9

Total
$
1,804.8

 
$
1,918.5

 
 
 
 
Tangible long-lived assets, net
 

 
 

United States
$
95.1

 
$
93.7

International
60.4

 
65.8

Total
$
155.5

 
$
159.5



The following schedule reconciles segment adjusted EBITDA to consolidated net income.
 
 
Three Months Ended
June 30,
 
Nine Months Ended
June 30,
 
2015
 
2014
 
2015
 
2014
Adjusted EBITDA:
 

 
 

 
 

 
 

Process Equipment Group
$
43.7

 
$
44.1

 
$
116.3

 
$
96.8

Batesville
32.2

 
34.3

 
108.9

 
113.7

Corporate
(9.7
)
 
(7.6
)
 
(30.1
)
 
(17.3
)
Less:
 

 
 

 
 

 
 

Interest income

 
(0.3
)
 
(0.7
)
 
(0.6
)
Interest expense
5.7

 
5.6

 
17.8

 
17.5

Income tax expense
13.8

 
12.7

 
39.9

 
35.4

Depreciation and amortization
12.7

 
14.7

 
41.1

 
43.7

Business acquisition and integration
0.5

 
1.7

 
0.7

 
4.7

Restructuring
1.0

 
1.6

 
2.4

 
2.8

Litigation

 
1.4

 
0.5

 
1.4

Consolidated net income
$
32.5

 
$
33.4

 
$
93.4

 
$
88.3