Quarterly report pursuant to Section 13 or 15(d)

Segment and Geographical Information

v3.3.1.900
Segment and Geographical Information
 3 Months Ended
Dec. 31, 2015
Segment Reporting [Abstract]  
Segment and Geographical Information
Segment and Geographical Information
 
 
Three Months Ended December 31,
 
2015
 
2014
Net revenue
 

 
 

Process Equipment Group
$
214.0

 
$
256.4

Batesville
137.7

 
145.1

Total
$
351.7

 
$
401.5

 
 
 
 
Adjusted EBITDA
 

 
 

Process Equipment Group
$
33.0

 
$
38.1

Batesville
31.8

 
32.6

Corporate
(7.0
)
 
(7.3
)
 
 
 
 
Net revenue (1)
 

 
 

United States
$
198.9

 
$
216.6

International
152.8

 
184.9

Total
$
351.7

 
$
401.5

 
(1) We attribute revenue to a geography based upon the location of the business unit that consummates the external sale.
 
 
December 31,
2015
 
September 30, 2015
Total assets assigned
 

 
 

Process Equipment Group
$
1,578.8

 
$
1,537.3

Batesville
217.1

 
224.9

Corporate
46.9

 
45.9

Total
$
1,842.8

 
$
1,808.1

 
 
 
 
Tangible long-lived assets, net
 

 
 

United States
$
94.1

 
$
95.7

International
63.9

 
62.6

Total
$
158.0

 
$
158.3



The following schedule reconciles segment adjusted EBITDA to consolidated net income.
 
 
Three Months Ended
December 31,
 
2015
 
2014
Adjusted EBITDA:
 

 
 

Process Equipment Group
$
33.0

 
$
38.1

Batesville
31.8

 
32.6

Corporate
(7.0
)
 
(7.3
)
Less:
 

 
 

Interest income
(0.3
)
 
(0.3
)
Interest expense
5.9

 
5.7

Income tax expense
8.7

 
11.8

Depreciation and amortization
16.0

 
15.0

Business acquisition and integration
1.7

 
0.3

Inventory step-up
1.4

 
—

Restructuring
3.4

 
0.7

Litigation
—

 
0.5

Consolidated net income
$
21.0

 
$
29.7