Other Comprehensive Income (Loss)
|
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|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
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|
Pension and
Postretirement
|
|
Currency
Translation
|
|
Net
Unrealized
Gain (Loss)
on Derivative
Instruments
|
|
Total
Attributable
to
Hillenbrand,
Inc.
|
|
Noncontrolling
Interests
|
|
Total |
Balance at September 30, 2018 |
$ |
(41.0 |
) |
|
$ |
(44.1 |
) |
|
$ |
0.9 |
|
|
$ |
(84.2 |
) |
|
|
|
|
|
|
Other comprehensive income before reclassifications |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Before tax amount |
— |
|
|
(9.7 |
) |
|
(11.0 |
) |
|
(20.7 |
) |
|
$ |
0.2 |
|
|
$ |
(20.5 |
) |
Tax expense |
— |
|
|
— |
|
|
2.6 |
|
|
2.6 |
|
|
— |
|
|
2.6 |
|
After tax amount |
— |
|
|
(9.7 |
) |
|
(8.4 |
) |
|
(18.1 |
) |
|
0.2 |
|
|
(17.9 |
) |
Amounts reclassified from accumulated other comprehensive income(1) |
0.5 |
|
|
— |
|
|
— |
|
|
0.5 |
|
|
— |
|
|
0.5 |
|
Net current period other comprehensive income (loss) |
0.5 |
|
|
(9.7 |
) |
|
(8.4 |
) |
|
(17.6 |
) |
|
$ |
0.2 |
|
|
$ |
(17.4 |
) |
Balance at March 31, 2019 |
$ |
(40.5 |
) |
|
$ |
(53.8 |
) |
|
$ |
(7.5 |
) |
|
$ |
(101.8 |
) |
|
|
|
|
|
|
(1) Amounts are net of tax.
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Pension and
Postretirement
|
|
Currency
Translation
|
|
Net
Unrealized
Gain (Loss)
on Derivative
Instruments
|
|
Total
Attributable
to
Hillenbrand,
Inc.
|
|
Noncontrolling
Interests
|
|
Total |
Balance at September 30, 2017 |
$ |
(45.3 |
) |
|
$ |
(36.9 |
) |
|
$ |
1.0 |
|
|
$ |
(81.2 |
) |
|
|
|
|
|
|
Other comprehensive income before reclassifications |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Before tax amount |
— |
|
|
21.0 |
|
|
0.8 |
|
|
21.8 |
|
|
$ |
— |
|
|
$ |
21.8 |
|
Tax expense |
— |
|
|
— |
|
|
(0.2 |
) |
|
(0.2 |
) |
|
— |
|
|
(0.2 |
) |
After tax amount |
— |
|
|
21.0 |
|
|
0.6 |
|
|
21.6 |
|
|
— |
|
|
21.6 |
|
Amounts reclassified from accumulated other comprehensive income(1) |
1.4 |
|
|
— |
|
|
(0.3 |
) |
|
1.1 |
|
|
— |
|
|
1.1 |
|
Net current period other comprehensive income (loss) |
1.4 |
|
|
21.0 |
|
|
0.3 |
|
|
22.7 |
|
|
$ |
— |
|
|
$ |
22.7 |
|
Balance at March 31, 2018 |
$ |
(43.9 |
) |
|
$ |
(15.9 |
) |
|
$ |
1.3 |
|
|
$ |
(58.5 |
) |
|
|
|
|
|
|
(1) Amounts are net of tax.
Reclassifications out of Accumulated Other Comprehensive Income include:
|
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|
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|
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|
|
Three Months Ended March 31, 2019 |
|
Amortization of Pension and
Postretirement (1) |
|
(Gain)/Loss on |
|
|
|
Net Loss
Recognized |
|
Prior Service Costs
Recognized |
|
Derivative
Instruments |
|
Total |
Affected Line in the Consolidated Statement of Operations: |
|
|
|
|
|
|
|
|
|
|
|
Net revenue |
$ |
— |
|
|
$ |
— |
|
|
$ |
0.1 |
|
|
$ |
0.1 |
|
Cost of goods sold |
— |
|
|
— |
|
|
(0.1 |
) |
|
(0.1 |
) |
Operating expenses |
— |
|
|
— |
|
|
— |
|
|
— |
|
Other income (expense), net |
0.4 |
|
|
— |
|
|
— |
|
|
0.4 |
|
Total before tax |
$ |
0.4 |
|
|
$ |
— |
|
|
$ |
— |
|
|
$ |
0.4 |
|
Tax expense |
|
|
|
|
|
|
(0.1 |
) |
Total reclassifications for the period, net of tax |
|
|
|
|
|
|
$ |
0.3 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Six Months Ended March 31, 2019 |
|
Amortization of Pension and
Postretirement (1) |
|
(Gain)/Loss on |
|
|
|
Net Loss
Recognized |
|
Prior Service Costs
Recognized |
|
Derivative
Instruments |
|
Total |
Affected Line in the Consolidated Statement of Operations: |
|
|
|
|
|
|
|
|
|
|
|
Net revenue |
$ |
— |
|
|
$ |
— |
|
|
$ |
0.2 |
|
|
$ |
0.2 |
|
Cost of goods sold |
— |
|
|
— |
|
|
(0.2 |
) |
|
(0.2 |
) |
Operating expenses |
— |
|
|
— |
|
|
— |
|
|
— |
|
Other income (expense), net |
0.7 |
|
|
— |
|
|
— |
|
|
0.7 |
|
Total before tax |
$ |
0.7 |
|
|
$ |
— |
|
|
$ |
— |
|
|
$ |
0.7 |
|
Tax expense |
|
|
|
|
|
|
(0.2 |
) |
Total reclassifications for the period, net of tax |
|
|
|
|
|
|
$ |
0.5 |
|
(1) These accumulated other comprehensive income components are included in the computation of net periodic pension cost (see Note 8).
|
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|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Three Months Ended March 31, 2018 |
|
Amortization of Pension and
Postretirement (1)
|
|
(Gain)/Loss on |
|
|
|
Net Loss
Recognized
|
|
Prior Service Costs
Recognized
|
|
Derivative
Instruments
|
|
Total |
Affected Line in the Consolidated Statement of Operations: |
|
|
|
|
|
|
|
|
|
|
|
Net revenue |
$ |
— |
|
|
$ |
— |
|
|
$ |
— |
|
|
$ |
— |
|
Cost of goods sold |
— |
|
|
— |
|
|
— |
|
|
— |
|
Operating expenses |
— |
|
|
— |
|
|
— |
|
|
— |
|
Other income (expense), net |
0.9 |
|
|
— |
|
|
— |
|
|
0.9 |
|
Total before tax |
$ |
0.9 |
|
|
$ |
— |
|
|
$ |
— |
|
|
$ |
0.9 |
|
Tax expense |
|
|
|
|
|
|
|
|
|
(0.2 |
) |
Total reclassifications for the period, net of tax |
|
|
|
|
|
|
|
|
|
$ |
0.7 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Six Months Ended March 31, 2018 |
|
Amortization of Pension and
Postretirement (1)
|
|
(Gain)/Loss on |
|
|
|
Net Loss
Recognized
|
|
Prior Service Costs
Recognized
|
|
Derivative
Instruments
|
|
Total |
Affected Line in the Consolidated Statement of Operations: |
|
|
|
|
|
|
|
|
|
|
|
Net revenue |
$ |
— |
|
|
$ |
— |
|
|
$ |
(0.4 |
) |
|
$ |
(0.4 |
) |
Cost of goods sold |
— |
|
|
— |
|
|
— |
|
|
— |
|
Operating expenses |
— |
|
|
— |
|
|
— |
|
|
— |
|
Other income (expense), net |
2.0 |
|
|
— |
|
|
— |
|
|
2.0 |
|
Total before tax |
$ |
2.0 |
|
|
$ |
— |
|
|
$ |
(0.4 |
) |
|
$ |
1.6 |
|
Tax expense |
|
|
|
|
|
|
(0.5 |
) |
Total reclassifications for the period, net of tax |
|
|
|
|
|
|
$ |
1.1 |
|
(1) These accumulated other comprehensive income components are included in the computation of net periodic pension cost (see Note 8).
Reclassifications out of Accumulated Other Comprehensive Income include:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Three Months Ended March 31, 2019 |
|
Amortization of Pension and
Postretirement (1) |
|
(Gain)/Loss on |
|
|
|
Net Loss
Recognized |
|
Prior Service Costs
Recognized |
|
Derivative
Instruments |
|
Total |
Affected Line in the Consolidated Statement of Operations: |
|
|
|
|
|
|
|
|
|
|
|
Net revenue |
$ |
— |
|
|
$ |
— |
|
|
$ |
0.1 |
|
|
$ |
0.1 |
|
Cost of goods sold |
— |
|
|
— |
|
|
(0.1 |
) |
|
(0.1 |
) |
Operating expenses |
— |
|
|
— |
|
|
— |
|
|
— |
|
Other income (expense), net |
0.4 |
|
|
— |
|
|
— |
|
|
0.4 |
|
Total before tax |
$ |
0.4 |
|
|
$ |
— |
|
|
$ |
— |
|
|
$ |
0.4 |
|
Tax expense |
|
|
|
|
|
|
(0.1 |
) |
Total reclassifications for the period, net of tax |
|
|
|
|
|
|
$ |
0.3 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Six Months Ended March 31, 2019 |
|
Amortization of Pension and
Postretirement (1) |
|
(Gain)/Loss on |
|
|
|
Net Loss
Recognized |
|
Prior Service Costs
Recognized |
|
Derivative
Instruments |
|
Total |
Affected Line in the Consolidated Statement of Operations: |
|
|
|
|
|
|
|
|
|
|
|
Net revenue |
$ |
— |
|
|
$ |
— |
|
|
$ |
0.2 |
|
|
$ |
0.2 |
|
Cost of goods sold |
— |
|
|
— |
|
|
(0.2 |
) |
|
(0.2 |
) |
Operating expenses |
— |
|
|
— |
|
|
— |
|
|
— |
|
Other income (expense), net |
0.7 |
|
|
— |
|
|
— |
|
|
0.7 |
|
Total before tax |
$ |
0.7 |
|
|
$ |
— |
|
|
$ |
— |
|
|
$ |
0.7 |
|
Tax expense |
|
|
|
|
|
|
(0.2 |
) |
Total reclassifications for the period, net of tax |
|
|
|
|
|
|
$ |
0.5 |
|
(1) These accumulated other comprehensive income components are included in the computation of net periodic pension cost (see Note 8).
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Three Months Ended March 31, 2018 |
|
Amortization of Pension and
Postretirement (1)
|
|
(Gain)/Loss on |
|
|
|
Net Loss
Recognized
|
|
Prior Service Costs
Recognized
|
|
Derivative
Instruments
|
|
Total |
Affected Line in the Consolidated Statement of Operations: |
|
|
|
|
|
|
|
|
|
|
|
Net revenue |
$ |
— |
|
|
$ |
— |
|
|
$ |
— |
|
|
$ |
— |
|
Cost of goods sold |
— |
|
|
— |
|
|
— |
|
|
— |
|
Operating expenses |
— |
|
|
— |
|
|
— |
|
|
— |
|
Other income (expense), net |
0.9 |
|
|
— |
|
|
— |
|
|
0.9 |
|
Total before tax |
$ |
0.9 |
|
|
$ |
— |
|
|
$ |
— |
|
|
$ |
0.9 |
|
Tax expense |
|
|
|
|
|
|
|
|
|
(0.2 |
) |
Total reclassifications for the period, net of tax |
|
|
|
|
|
|
|
|
|
$ |
0.7 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Six Months Ended March 31, 2018 |
|
Amortization of Pension and
Postretirement (1)
|
|
(Gain)/Loss on |
|
|
|
Net Loss
Recognized
|
|
Prior Service Costs
Recognized
|
|
Derivative
Instruments
|
|
Total |
Affected Line in the Consolidated Statement of Operations: |
|
|
|
|
|
|
|
|
|
|
|
Net revenue |
$ |
— |
|
|
$ |
— |
|
|
$ |
(0.4 |
) |
|
$ |
(0.4 |
) |
Cost of goods sold |
— |
|
|
— |
|
|
— |
|
|
— |
|
Operating expenses |
— |
|
|
— |
|
|
— |
|
|
— |
|
Other income (expense), net |
2.0 |
|
|
— |
|
|
— |
|
|
2.0 |
|
Total before tax |
$ |
2.0 |
|
|
$ |
— |
|
|
$ |
(0.4 |
) |
|
$ |
1.6 |
|
Tax expense |
|
|
|
|
|
|
(0.5 |
) |
Total reclassifications for the period, net of tax |
|
|
|
|
|
|
$ |
1.1 |
|
(1) These accumulated other comprehensive income components are included in the computation of net periodic pension cost (see Note 8).
|