Annual report pursuant to Section 13 and 15(d)

Summary of Significant Accounting Policies (Tables)

v3.8.0.1
Summary of Significant Accounting Policies (Tables)
12 Months Ended
Sep. 30, 2017
Accounting Policies [Abstract]  
Schedule of inventories
 
September 30,
 
2017
 
2016
Raw materials and components
$
52.6

 
$
51.4

Work in process
55.4

 
54.0

Finished goods
43.6

 
47.7

Total inventories
$
151.6

 
$
153.1

Schedule of carrying value of property, plant and equipment
 
September 30, 2017
 
September 30, 2016
 
Cost
 
Accumulated
Depreciation
 
Cost
 
Accumulated
Depreciation
Land and land improvements
$
15.9

 
$
(3.5
)
 
$
17.3

 
$
(3.6
)
Buildings and building equipment
110.5

 
(68.0
)
 
105.6

 
(64.3
)
Machinery and equipment
335.8

 
(240.3
)
 
329.0

 
(231.5
)
Total
$
462.2

 
$
(311.8
)
 
$
451.9

 
$
(299.4
)
Schedule of intangible assets and related amortization
 
September 30, 2017
 
September 30, 2016
 
Cost
 
Accumulated
Amortization
 
Cost
 
Accumulated
Amortization
Finite-lived assets:
 

 
 

 
 

 
 

Trade names
$
0.2

 
$
(0.1
)
 
$
0.2

 
$
(0.1
)
Customer relationships
468.7

 
(125.9
)
 
459.5

 
(100.7
)
Technology, including patents
80.7

 
(39.9
)
 
77.9

 
(33.3
)
Software
48.3

 
(41.5
)
 
47.4

 
(39.8
)
Other
0.2

 
(0.2
)
 
0.4

 
(0.3
)
 
598.1

 
(207.6
)
 
585.4

 
(174.2
)
Indefinite-lived assets:
 

 
 

 
 

 
 

Trade names
133.4

 

 
130.3

 

 
 
 
 
 
 
 
 
Total
$
731.5

 
$
(207.6
)
 
$
715.7

 
$
(174.2
)
Changes in the carrying amount of goodwill
 
Process
Equipment
Group
 
Batesville
 
Total
Balance September 30, 2015
$
535.7

 
$
8.3

 
$
544.0

Acquisitions
96.4

 

 
96.4

Adjustments
(0.3
)
 

 
(0.3
)
Foreign currency adjustments
(5.8
)
 

 
(5.8
)
Balance September 30, 2016
626.0

 
8.3

 
634.3

Acquisitions, including purchase price adjustments
(0.9
)
 

 
(0.9
)
Foreign currency adjustments
14.1

 

 
14.1

Balance September 30, 2017
$
639.2

 
$
8.3

 
$
647.5

Schedule of changes in accumulated other comprehensive income (loss) by component
 
September 30,
 
2017
 
2016
Currency translation
$
(36.9
)
 
$
(61.6
)
Pension and postretirement (net of taxes of $23.4 and $34.1)
(45.3
)
 
(67.5
)
Unrealized gain (loss) on derivative instruments (net of taxes of $0.8 and $0.5)
1.0

 
(0.7
)
Accumulated other comprehensive loss
$
(81.2
)
 
$
(129.8
)