Hillenbrand, Inc. Annual report pursuant to Section 13 and 15(d)

Segment and Geographical Information (Tables)

12 Months Ended

Sep. 30, 2015



	September 30,
	2015			2014			2013
Net revenue
Process Equipment Group	$	992.8		$	1,075.0		$	932.7
Batesville	604.0			592.2			620.7
Total net revenue	$	1,596.8		$	1,667.2		$	1,553.4

Adjusted EBITDA
Process Equipment Group	$	160.5		$	150.4		$	116.4
Batesville	145.5			150.8			161.0
Corporate	(37.3		)	(25.7		)	(29.9		)

Net revenue(1)
United States	$	915.0		$	874.4		$	886.3
International	681.8			792.8			667.1
Total revenue	$	1,596.8		$	1,667.2		$	1,553.4

Depreciation and amortization
Process Equipment Group	$	37.2		$	41.9		$	71.1
Batesville	15.8			15.5			17.9
Corporate	1.3			1.0			0.4
Total depreciation and amortization	$	54.3		$	58.4		$	89.4

(1) We attribute revenue to a geography based upon the location of the business unit that consummates the external sale.



	September 30,
	2015		2014
Total assets assigned
Process Equipment Group	$	1,537.3	$	1,632.8
Batesville	224.9		237.8
Corporate	45.9		47.9
Total assets	$	1,808.1	$	1,918.5

Tangible long-lived assets, net
United States	$	95.7	$	93.7
International	62.6		65.8
Tangible long-lived assets, net	$	158.3	$	159.5

The following schedule reconciles segment adjusted EBITDA to consolidated net income.



	Year Ended September 30,
	2015			2014			2013
Adjusted EBITDA:
Process Equipment Group	$	160.5		$	150.4		$	116.4
Batesville	145.5			150.8			161.0
Corporate	(37.3		)	(25.7		)	(29.9		)
Less:
Interest income	(1.0		)	(0.8		)	(0.6		)
Interest expense	23.8			23.3			24.0
Income tax expense	49.1			48.7			28.3
Depreciation and amortization	54.3			58.4			89.4
Business acquisition costs	3.6			8.4			16.0
Inventory step-up	—			—			21.8
Restructuring	7.5			5.5			2.8
Litigation	0.5			20.8			0.2
Pension Settlement	17.7			—			—
Other	—			—			0.2
Consolidated net income	$	113.2		$	111.2		$	65.4