Annual report pursuant to Section 13 and 15(d)

Condensed Consolidating Information - Condensed Consolidating Statements of Income (Details)

v3.10.0.1
Condensed Consolidating Information - Condensed Consolidating Statements of Income (Details) - USD ($)
$ in Millions
3 Months Ended 12 Months Ended
Sep. 30, 2018
Jun. 30, 2018
Mar. 31, 2018
Dec. 31, 2017
Sep. 30, 2017
Jun. 30, 2017
Mar. 31, 2017
Dec. 31, 2016
Sep. 30, 2018
Sep. 30, 2017
Sep. 30, 2016
Condensed Consolidating Statements of Income                      
Net revenue $ 474.7 $ 446.0 $ 452.2 $ 397.2 $ 442.9 $ 395.9 $ 395.3 $ 356.1 $ 1,770.1 $ 1,590.2 $ 1,538.4
Cost of goods sold                 1,127.2 998.9 967.8
Gross profit 164.2 163.7 168.7 146.3 164.3 152.4 148.6 126.0 642.9 591.3 570.6
Operating expenses                 378.9 344.4 346.5
Amortization expense                 30.2 29.2 33.0
Goodwill and Intangible Asset Impairment                 63.4 0.0 0.0
Goodwill, Impairment Loss                 (58.8) 0.0 0.0
Interest expense                 23.3 25.2 25.3
Other Nonoperating Income (Expense)                 (0.6) (4.2) (1.7)
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest                 146.5 188.3 164.1
Income Tax Expense (Benefit)                 65.3 59.9 47.3
Consolidated net income                 81.2 128.4 116.8
Less: Net income attributable to noncontrolling interests                 4.6 2.2 4.0
Net Income (Loss) Available to Common Stockholders, Basic $ 44.5 $ 35.9 $ (21.9) $ 18.1 $ 38.2 $ 32.9 $ 33.4 $ 21.7 76.6 [1] 126.2 [1] 112.8 [1]
Consolidated comprehensive income (loss)                 77.5 177.2 94.6
Less: Comprehensive income attributable to noncontrolling interests                 3.9 2.4 3.7
Comprehensive Income (Loss), Net of Tax, Attributable to Parent [2]                 73.6 174.8 90.9
Comprehensive Income (Loss), Net of Tax, Attributable to Parent                 (3.7) 48.8 (22.2)
Reportable Legal Entities                      
Condensed Consolidating Statements of Income                      
Comprehensive Income (Loss), Net of Tax, Attributable to Parent                   174.8 (145.8)
Reportable Legal Entities | Parent                      
Condensed Consolidating Statements of Income                      
Operating expenses                 54.8 42.4 41.8
Amortization expense                 0.0 0.0 0.0
Impairment charge                 0.0 0.0 0.0
Interest expense                 20.3 21.8 22.7
Other Nonoperating Income (Expense)                 2.1 (0.6) (0.3)
Income (Loss) from Subsidiaries, Net of Tax                 139.3 164.4 144.4
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest                 66.3 99.6 79.6
Income Tax Expense (Benefit)                 (10.3) (26.6) (33.2)
Consolidated net income                 76.6 126.2 112.8
Net Income (Loss) Available to Common Stockholders, Basic                 76.6 126.2 112.8
Consolidated comprehensive income (loss)                 73.6 174.8 90.9
Less: Comprehensive income attributable to noncontrolling interests                 0.0 0.0 0.0
Comprehensive Income (Loss), Net of Tax, Attributable to Parent                 73.6   90.9
Reportable Legal Entities | Guarantors                      
Condensed Consolidating Statements of Income                      
Net revenue                 937.0 901.4 846.8
Cost of goods sold                 497.1 467.3 428.7
Gross profit                 439.9 434.1 418.1
Operating expenses                 247.4 237.8 242.0
Amortization expense                 13.4 13.5 13.0
Impairment charge                   0.0 0.0
Goodwill and Intangible Asset Impairment                 63.4    
Interest expense                 1.1 0.0 0.2
Other Nonoperating Income (Expense)                 (2.7) (3.4) (2.2)
Income (Loss) from Subsidiaries, Net of Tax                 9.1 8.2 10.2
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest                 121.0 187.6 170.9
Income Tax Expense (Benefit)                 48.3 65.9 62.4
Consolidated net income                 72.7 121.7 108.5
Net Income (Loss) Available to Common Stockholders, Basic                 72.7 121.7 108.5
Consolidated comprehensive income (loss)                 77.1 131.8 116.4
Less: Comprehensive income attributable to noncontrolling interests                 0.0 0.0 0.0
Comprehensive Income (Loss), Net of Tax, Attributable to Parent                 77.1 131.8 116.4
Reportable Legal Entities | Non-Guarantors                      
Condensed Consolidating Statements of Income                      
Net revenue                 1,052.9 904.7 892.8
Cost of goods sold                 743.1 647.4 638.4
Gross profit                 309.8 257.3 254.4
Operating expenses                 183.5 164.3 164.6
Amortization expense                 16.8 15.7 20.0
Impairment charge                 0.0 0.0 0.0
Interest expense                 1.9 3.4 2.4
Other Nonoperating Income (Expense)                 0.0 (0.2) 0.8
Income (Loss) from Subsidiaries, Net of Tax                 0.0    
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest                 107.6 73.7 68.2
Income Tax Expense (Benefit)                 27.3 20.6 18.1
Consolidated net income                 80.3 53.1 50.1
Less: Net income attributable to noncontrolling interests                 4.6 2.2 4.0
Net Income (Loss) Available to Common Stockholders, Basic                 75.7 50.9 46.1
Consolidated comprehensive income (loss)                 72.1 86.4 33.1
Less: Comprehensive income attributable to noncontrolling interests                 3.9 2.4 3.7
Comprehensive Income (Loss), Net of Tax, Attributable to Parent                 68.2 84.0 29.4
Eliminations                      
Condensed Consolidating Statements of Income                      
Net revenue                 (219.8) (215.9) (201.2)
Cost of goods sold                 (113.0) (115.8) (99.3)
Gross profit                 (106.8) (100.1) (101.9)
Operating expenses                 (106.8) (100.1) (101.9)
Other Nonoperating Income (Expense)                 0.0 0.0 0.0
Income (Loss) from Subsidiaries, Net of Tax                 (148.4) (172.6) (154.6)
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest                 (148.4) (172.6) (154.6)
Consolidated net income                 (148.4) (172.6) (154.6)
Net Income (Loss) Available to Common Stockholders, Basic                 (148.4) (172.6) (154.6)
Consolidated comprehensive income (loss)                 (145.3) (215.8) (145.8)
Less: Comprehensive income attributable to noncontrolling interests                 0.0 0.0 $ 0.0
Comprehensive Income (Loss), Net of Tax, Attributable to Parent                 $ (145.3) $ (215.8)  
[1] Net income attributable to Hillenbrand
[2] Comprehensive income attributable to Hillenbrand