Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidating Information - Consolidating statements of income (Details)

v3.19.1
Condensed Consolidating Information - Consolidating statements of income (Details) - USD ($)
$ in Millions
 3 Months Ended 6 Months Ended
Mar. 31, 2019
Mar. 31, 2018
Mar. 31, 2019
Mar. 31, 2018
Condensed Financial Information Disclosure [Abstract]        
Percentage ownership of subsidiaries with indebtedness guaranteed by the parent 100.00%   100.00%  
Condensed Consolidating Statements of Income        
Net revenue $ 464.6 [1] $ 452.2 [1] $ 874.9 $ 849.4
Cost of Goods and Services Sold 303.7 283.6 567.0 534.6
Gross profit 160.9 168.6 307.9 314.8
Operating expenses 93.7 98.3 184.4 187.4
Amortization of Intangible Assets 8.6 7.5 16.4 15.1
Impairment charge 0.0 63.4 0.0 63.4
Interest expense 5.4 6.0 10.9 12.3
Other income (expense), net 0.1 (1.1) 0.6 (1.5)
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest 53.3 (7.7) 96.8 35.1
Income tax expense (benefit) 13.8 13.6 28.3 37.3
Consolidated net income (loss) 39.5 (21.3) 68.5 (2.2)
Less: Net income attributable to noncontrolling interests 1.5 0.6 2.2 1.6
Total reclassifications for the period, net of tax 38.0 [2] (21.9) [2] 66.3 (3.8)
Consolidated comprehensive income (loss) 32.0 (5.4) 51.1 20.5
Less: Comprehensive income attributable to noncontrolling interests 1.5 0.5 2.4 1.6
Comprehensive income (loss) 30.5 [3],[4] (5.9) [3],[4] 48.7 18.9
Reportable legal entities | Parent        
Condensed Consolidating Statements of Income        
Operating expenses 13.7 13.6 23.9 24.5
Amortization of Intangible Assets 0.0 0.0 0.0 0.0
Interest expense 4.7 5.3 9.2 11.1
Other income (expense), net (0.2) (0.1) (0.5) (0.4)
Equity in net income (loss) of subsidiaries 51.4 (5.1) 93.4 32.3
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest 32.8 (24.1) 59.8 (3.7)
Income tax expense (benefit) (5.2) (2.2) (6.5) 0.1
Consolidated net income (loss) 38.0 (21.9) 66.3 (3.8)
Total reclassifications for the period, net of tax [2] 38.0 (21.9) 66.3 (3.8)
Consolidated comprehensive income (loss) 30.5 (5.9) 48.7 18.9
Comprehensive income (loss) [4] 30.5 (5.9) 48.7 18.9
Reportable legal entities | Guarantors        
Condensed Consolidating Statements of Income        
Net revenue 230.6 250.9 446.7 469.1
Cost of Goods and Services Sold 126.8 129.7 242.6 244.8
Gross profit 103.8 121.2 204.1 224.3
Operating expenses 60.9 64.8 122.3 126.4
Amortization of Intangible Assets 3.4 3.2 6.7 6.7
Impairment charge   63.4   63.4
Interest expense 0.1 0.0 0.1 0.0
Other income (expense), net (0.1) (0.2) (0.1) 0.3
Equity in net income (loss) of subsidiaries 3.5 1.8 5.7 3.2
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest 42.8 (8.6) 80.6 31.3
Income tax expense (benefit) 10.6 9.4 20.5 24.9
Consolidated net income (loss) 32.2 (18.0) 60.1 6.4
Total reclassifications for the period, net of tax 32.2 [2] (18.0) [2] 60.1 6.4
Consolidated comprehensive income (loss) 32.4 (17.6) 60.2 7.3
Comprehensive income (loss) 32.4 [4] (17.6) [4] 60.2 7.3
Reportable legal entities | Non-Guarantors        
Condensed Consolidating Statements of Income        
Net revenue 294.1 256.4 541.9 485.5
Cost of Goods and Services Sold 210.0 181.0 384.4 341.1
Gross profit 84.1 75.4 157.5 144.4
Operating expenses 46.1 47.9 91.9 90.4
Amortization of Intangible Assets 5.2 4.3 9.7 8.4
Interest expense 0.6 0.7 1.6 1.2
Other income (expense), net 0.4 (0.8) 1.2 (1.4)
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest 32.6 21.7 55.5 43.0
Income tax expense (benefit) 8.4 6.4 14.3 12.3
Consolidated net income (loss) 24.2 15.3 41.2 30.7
Less: Net income attributable to noncontrolling interests 1.5 0.6 2.2 1.6
Total reclassifications for the period, net of tax 22.7 [2] 14.7 [2] 39.0 29.1
Consolidated comprehensive income (loss) 19.6 30.1 31.4 51.4
Less: Comprehensive income attributable to noncontrolling interests 1.5 0.5 2.4 1.6
Comprehensive income (loss) 18.1 [4] 29.6 [4] 29.0 49.8
Eliminations        
Condensed Consolidating Statements of Income        
Net revenue (60.1) (55.1) (113.7) (105.2)
Cost of Goods and Services Sold (33.1) (27.1) (60.0) (51.3)
Gross profit (27.0) (28.0) (53.7) (53.9)
Operating expenses (27.0) (28.0) (53.7) (53.9)
Other income (expense), net 0.0   0.0  
Equity in net income (loss) of subsidiaries (54.9) 3.3 (99.1) (35.5)
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest (54.9) 3.3 (99.1) (35.5)
Consolidated net income (loss) (54.9) 3.3 (99.1) (35.5)
Total reclassifications for the period, net of tax (54.9) [2] 3.3 [2] (99.1) (35.5)
Consolidated comprehensive income (loss) (50.5) (12.0) (89.2) (57.1)
Comprehensive income (loss) $ (50.5) [4] $ (12.0) [4] $ (89.2) $ (57.1)
[1] We attribute revenue to a geography based upon the location of the business unit that consummates the external sale.
[2] Net income (loss) attributable to Hillenbrand
[3] Comprehensive income (loss) attributable to Hillenbrand
[4] Comprehensive income (loss) attributable to Hillenbrand