Annual report pursuant to Section 13 and 15(d)

Segment and Geographical Information (Tables)

v3.5.0.2
Segment and Geographical Information (Tables)
12 Months Ended
Sep. 30, 2016
Segment Reporting [Abstract]  
Schedule of Segment Reporting Information, by Segment
 
September 30,
 
2016
 
2015
 
2014
Net revenue
 

 
 

 
 

Process Equipment Group
$
964.7

 
$
992.8

 
$
1,075.0

Batesville
573.7

 
604.0

 
592.2

Total net revenue
$
1,538.4

 
$
1,596.8

 
$
1,667.2

 
 
 
 
 
 
Adjusted EBITDA
 
 
 

 
 

Process Equipment Group
$
160.9

 
$
160.5

 
$
150.4

Batesville
143.5

 
145.5

 
150.8

Corporate
(37.3
)
 
(37.3
)
 
(25.7
)
 
 
 
 
 
 
Net revenue(1)
 
 
 

 
 

United States
$
857.0

 
$
915.0

 
$
874.4

Germany
482.7

 
477.3

 
561.1

All other foreign business units
198.7

 
204.5

 
231.7

Total revenue
$
1,538.4

 
$
1,596.8

 
$
1,667.2

 
 
 
 
 
 
Depreciation and amortization
 

 
 

 
 

Process Equipment Group
$
45.2

 
$
37.2

 
$
41.9

Batesville
14.1

 
15.8

 
15.5

Corporate
1.1

 
1.3

 
1.0

Total depreciation and amortization
$
60.4

 
$
54.3

 
$
58.4

 
 
(1) We attribute revenue to a geography based upon the location of the business unit that consummates the external sale.
Schedule of Assets from Segment and Long Lived Assets by Geographical Area
 
September 30,
 
2016
 
2015
Total assets assigned
 

 
 

Process Equipment Group
$
1,694.6

 
$
1,537.3

Batesville
211.8

 
224.9

Corporate
54.5

 
45.9

Total assets
$
1,960.9

 
$
1,808.1

 
 
 
 
Tangible long-lived assets, net
 
 
 

United States
$
89.5

 
$
95.7

Germany
35.8

 
35.1

All other foreign business units
27.2

 
27.5

Tangible long-lived assets, net
$
152.5

 
$
158.3

Reconciliation of Adjusted Earnings before Interest, Tax, Depreciation and Amortization from Segments to Consolidated
The following schedule reconciles segment adjusted EBITDA to consolidated net income.
 
 
Year Ended September 30,
 
2016
 
2015
 
2014
Adjusted EBITDA:
 

 
 

 
 

Process Equipment Group
$
160.9

 
$
160.5

 
$
150.4

Batesville
143.5

 
145.5

 
150.8

Corporate
(37.3
)
 
(37.3
)
 
(25.7
)
Less:
 

 
 

 
 

Interest income
(1.2
)
 
(1.0
)
 
(0.8
)
Interest expense
25.3

 
23.8

 
23.3

Income tax expense
47.3

 
49.1

 
48.7

Depreciation and amortization
60.4

 
54.3

 
58.4

Business acquisition costs
3.7

 
3.6

 
8.4

Inventory step-up
2.4

 

 

Restructuring and restructuring related
10.2

 
7.5

 
5.5

Litigation

 
0.5

 
20.8

Pension settlement charge

 
17.7

 

Trade name impairment
2.2

 

 

Consolidated net income
$
116.8

 
$
113.2

 
$
111.2