Annual report pursuant to Section 13 and 15(d)

Segment and Geographical Information (Tables)

v3.10.0.1
Segment and Geographical Information (Tables)
12 Months Ended
Sep. 30, 2018
Segment Reporting [Abstract]  
Schedule of Segment Reporting Information, by Segment
 
Year Ended September 30,
 
2018
 
2017
 
2016
Net revenue
 

 
 

 
 

Process Equipment Group
$
1,219.5

 
$
1,028.2

 
$
964.7

Batesville
550.6

 
562.0

 
573.7

Total net revenue
$
1,770.1

 
$
1,590.2

 
$
1,538.4

 
 
 
 
 
 
Adjusted EBITDA
 
 
 

 
 

Process Equipment Group
$
215.8

 
$
177.7

 
$
160.9

Batesville
120.8

 
141.9

 
143.5

Corporate
(42.3
)
 
(38.6
)
 
(37.3
)
 
 
 
 
 
 
Net revenue(1)
 
 
 

 
 

United States
$
926.4

 
$
896.1

 
$
857.0

Germany
512.5

 
425.6

 
403.0

All other foreign business units
331.2

 
268.5

 
278.4

Total revenue
$
1,770.1

 
$
1,590.2

 
$
1,538.4

 
 
 
 
 
 
Depreciation and amortization
 

 
 

 
 

Process Equipment Group
$
42.8

 
$
41.3

 
$
45.2

Batesville
11.9

 
13.8

 
14.1

Corporate
1.8

 
1.5

 
1.1

Total depreciation and amortization
$
56.5

 
$
56.6

 
$
60.4

 
 
(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,
 
2018
 
2017
Total assets assigned
 

 
 

Process Equipment Group
$
1,638.8

 
$
1,722.2

Batesville
191.8

 
203.4

Corporate
34.0

 
30.9

Total assets
$
1,864.6

 
$
1,956.5

 
 
 
 
Tangible long-lived assets, net
 
 
 

United States
$
76.6

 
$
84.4

Germany
40.7

 
39.0

All other foreign business units
24.7

 
27.0

Tangible long-lived assets, net
$
142.0

 
$
150.4

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,
 
2018
 
2017
 
2016
Adjusted EBITDA:
 

 
 

 
 

Process Equipment Group
$
215.8

 
$
177.7

 
$
160.9

Batesville
120.8

 
141.9

 
143.5

Corporate
(42.3
)
 
(38.6
)
 
(37.3
)
Less:
 

 
 

 
 

Interest income
(1.4
)
 
(0.9
)
 
(1.2
)
Interest expense
23.3

 
25.2

 
25.3

Income tax expense
65.3

 
59.9

 
47.3

Depreciation and amortization
56.5

 
56.6

 
60.4

Business acquisition, development, and integration
3.5

 
1.1

 
3.7

Inventory step-up

 

 
2.4

Restructuring and restructuring related
2.5

 
10.7

 
10.2

Impairment charges
63.4

 

 
2.2

Consolidated net income
$
81.2

 
$
128.4

 
$
116.8