Hillenbrand, Inc. Quarterly report pursuant to Section 13 or 15(d)

Segment and Geographical Information (Tables)

3 Months Ended

Dec. 31, 2018



	Three Months Ended December 31,
	2018			2017
Net revenue
Process Equipment Group	$	282.2		$	264.3
Batesville	128.1			132.9
Total	$	410.3		$	397.2

Adjusted EBITDA
Process Equipment Group	$	46.2		$	45.6
Batesville	26.7			27.9
Corporate	(8.8		)	(8.3		)

Net revenue (1)
United States	$	214.8		$	218.8
Germany	111.3			110.4
All other foreign business units	84.2			68.0
Total	$	410.3		$	397.2

(1) We attribute revenue to a geography based upon the location of the business unit that consummates the external sale.



	December 31, 2018		September 30, 2018
Total assets assigned
Process Equipment Group	$	1,649.5	$	1,638.8
Batesville	187.8		191.8
Corporate	32.9		34.0
Total	$	1,870.2	$	1,864.6

Tangible long-lived assets, net
United States	$	75.5	$	76.6
Germany	39.7		40.7
All other foreign business units	25.0		24.7
Total	$	140.2	$	142.0

The following schedule reconciles segment adjusted EBITDA to consolidated net income.



	Three Months Ended December 31,
	2018			2017
Adjusted EBITDA:
Process Equipment Group	$	46.2		$	45.6
Batesville	26.7			27.9
Corporate	(8.8		)	(8.3		)
Less:
Interest income	(0.2		)	(0.5		)
Interest expense	5.5			6.3
Income tax expense	14.5			23.7
Depreciation and amortization	14.1			13.8
Business acquisition, development, and integration	0.6			2.3
Restructuring and restructuring related	0.5			0.5
Inventory step-up	0.1			—
Consolidated net income	$	29.0		$	19.1