Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidating Information - Consolidating statements of income (Details)

v3.19.2
Condensed Consolidating Information - Consolidating statements of income (Details) - USD ($)
$ in Millions
3 Months Ended 9 Months Ended
Jun. 30, 2019
Jun. 30, 2018
Jun. 30, 2019
Jun. 30, 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 $ 446.6 [1] $ 446.0 [1] $ 1,321.5 $ 1,295.4
Cost of Goods and Services Sold 298.2 282.5 865.2 817.1
Gross profit 148.4 163.5 456.3 478.3
Operating expenses 90.8 98.3 275.2 285.7
Amortization of Intangible Assets 8.6 7.6 25.0 22.7
Impairment charge 0.0 0.0 0.0 63.4
Interest expense 5.2 5.5 16.1 17.8
Other income (expense), net (0.5) (0.7) 0.1 (2.2)
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest 43.3 51.4 140.1 86.5
Income tax expense (benefit) 11.6 15.2 39.9 52.5
Consolidated net income 31.7 36.2 100.2 34.0
Less: Net income attributable to noncontrolling interests 1.3 0.3 3.5 1.9
Total reclassifications for the period, net of tax 30.4 [2] 35.9 [2] 96.7 32.1
Consolidated comprehensive income 35.0 10.7 86.1 31.2
Less: Comprehensive income attributable to noncontrolling interests 1.3 0.0 3.7 1.6
Comprehensive income (loss) 33.7 [3],[4] 10.7 [3],[4] 82.4 29.6
Reportable legal entities | Parent        
Condensed Consolidating Statements of Income        
Operating expenses 15.1 13.4 39.0 37.9
Amortization of Intangible Assets 0.0 0.0 0.0 0.0
Interest expense 4.4 4.6 13.6 15.7
Other income (expense), net (0.1) (0.2) (0.6) (0.6)
Equity in net income of subsidiaries 44.8 34.8 138.2 67.1
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest 25.2 16.6 85.0 12.9
Income tax expense (benefit) (5.2) (19.3) (11.7) (19.2)
Consolidated net income 30.4 35.9 96.7 32.1
Total reclassifications for the period, net of tax [2] 30.4 35.9 96.7 32.1
Consolidated comprehensive income 33.7 10.7 82.4 29.6
Comprehensive income (loss) [4] 33.7 10.7 82.4 29.6
Reportable legal entities | Guarantors        
Condensed Consolidating Statements of Income        
Net revenue 220.4 232.7 667.1 701.8
Cost of Goods and Services Sold 125.0 126.4 367.6 371.2
Gross profit 95.4 106.3 299.5 330.6
Operating expenses 59.8 63.1 182.1 189.5
Amortization of Intangible Assets 3.3 3.3 10.0 10.0
Impairment charge   0.0   63.4
Interest expense 0.1 0.0 0.2 0.0
Other income (expense), net (0.3) (0.4) (0.4) (0.1)
Equity in net income of subsidiaries 2.4 3.6 8.1 6.8
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest 34.3 43.1 114.9 74.4
Income tax expense (benefit) 9.3 9.9 29.8 34.8
Consolidated net income 25.0 33.2 85.1 39.6
Total reclassifications for the period, net of tax 25.0 [2] 33.2 [2] 85.1 39.6
Consolidated comprehensive income 26.2 33.8 86.4 41.1
Comprehensive income (loss) 26.2 [4] 33.8 [4] 86.4 41.1
Reportable legal entities | Non-Guarantors        
Condensed Consolidating Statements of Income        
Net revenue 284.2 273.2 826.1 758.7
Cost of Goods and Services Sold 204.7 189.6 589.1 530.7
Gross profit 79.5 83.6 237.0 228.0
Operating expenses 42.4 48.2 134.3 138.6
Amortization of Intangible Assets 5.3 4.3 15.0 12.7
Interest expense 0.7 0.9 2.3 2.1
Other income (expense), net (0.1) (0.1) 1.1 (1.5)
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest 31.0 30.1 86.5 73.1
Income tax expense (benefit) 7.5 24.6 21.8 36.9
Consolidated net income 23.5 5.5 64.7 36.2
Less: Net income attributable to noncontrolling interests 1.3 0.3 3.5 1.9
Total reclassifications for the period, net of tax 22.2 [2] 5.2 [2] 61.2 34.3
Consolidated comprehensive income 30.2 (20.4) 61.6 31.0
Less: Comprehensive income attributable to noncontrolling interests 1.3 0.0 3.7 1.6
Comprehensive income (loss) 28.9 [4] (20.4) [4] 57.9 29.4
Eliminations        
Condensed Consolidating Statements of Income        
Net revenue (58.0) (59.9) (171.7) (165.1)
Cost of Goods and Services Sold (31.5) (33.5) (91.5) (84.8)
Gross profit (26.5) (26.4) (80.2) (80.3)
Operating expenses (26.5) (26.4) (80.2) (80.3)
Other income (expense), net 0.0   0.0  
Equity in net income of subsidiaries (47.2) (38.4) (146.3) (73.9)
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest (47.2) (38.4) (146.3) (73.9)
Consolidated net income (47.2) (38.4) (146.3) (73.9)
Total reclassifications for the period, net of tax (47.2) [2] (38.4) [2] (146.3) (73.9)
Consolidated comprehensive income (55.1) (13.4) (144.3) (70.5)
Comprehensive income (loss) $ (55.1) [4] $ (13.4) [4] $ (144.3) $ (70.5)
[1] We attribute revenue to a geography based upon the location of the business unit that consummates the external sale.
[2] Net income attributable to Hillenbrand
[3] Comprehensive income attributable to Hillenbrand
[4] Comprehensive income attributable to Hillenbrand