Quarterly report pursuant to Section 13 or 15(d)

Segment and Geographical Information

v2.4.0.6
Segment and Geographical Information
9 Months Ended
Jun. 30, 2012
Segment and Geographical Information  
Segment and Geographical Information

16.   Segment and Geographical Information

 

 

 

Three Months Ended June 30,

 

Nine Months Ended June 30,

 

 

 

2012

 

2011

 

2012

 

2011

 

Net revenue

 

 

 

 

 

 

 

 

 

Batesville

 

$

145.7

 

$

150.6

 

$

455.1

 

$

482.7

 

Process Equipment Group

 

92.7

 

60.6

 

274.6

 

169.5

 

Total

 

$

238.4

 

$

211.2

 

$

729.7

 

$

652.2

 

 

 

 

 

 

 

 

 

 

 

Gross profit

 

 

 

 

 

 

 

 

 

Batesville

 

$

51.2

 

$

59.3

 

$

171.0

 

$

203.0

 

Process Equipment Group

 

39.6

 

26.8

 

117.8

 

76.2

 

Total

 

$

90.8

 

$

86.1

 

$

288.8

 

$

279.2

 

 

 

 

 

 

 

 

 

 

 

Operating profit (loss)

 

 

 

 

 

 

 

 

 

Batesville

 

$

25.8

 

$

33.5

 

$

98.9

 

$

125.2

 

Process Equipment Group

 

13.0

 

9.2

 

34.6

 

24.6

 

Corporate

 

(5.8

)

(7.8

)

(23.3

)

(25.0

)

Total

 

$

33.0

 

$

34.9

 

$

110.2

 

$

124.8

 

 

 

 

 

 

 

 

 

 

 

EBITDA

 

 

 

 

 

 

 

 

 

Batesville

 

$

29.3

 

$

37.6

 

$

109.6

 

$

137.1

 

Process Equipment Group

 

17.6

 

12.6

 

52.0

 

35.8

 

Corporate

 

(4.7

)

(6.7

)

(21.6

)

(20.0

)

Total

 

$

42.2

 

$

43.5

 

$

140.0

 

$

152.9

 

 

 

 

 

 

 

 

 

 

 

Net revenue (1)

 

 

 

 

 

 

 

 

 

United States

 

$

198.6

 

$

172.4

 

$

605.9

 

$

546.3

 

Canada

 

11.0

 

13.9

 

34.5

 

38.3

 

Switzerland

 

16.3

 

19.4

 

58.4

 

53.4

 

All other foreign business units

 

12.5

 

5.5

 

30.9

 

14.2

 

Total

 

$

238.4

 

$

211.2

 

$

729.7

 

$

652.2

 

 

(1)     Revenue is attributed to a geography based upon the location of the business unit that consummated the external sale.

 

 

 

June 30,
2012

 

September 30,
2011

 

Total assets

 

 

 

 

 

Batesville

 

$

226.3

 

$

246.5

 

Process Equipment Group

 

741.1

 

847.8

 

Corporate

 

90.1

 

86.4

 

Total

 

$

1,057.5

 

$

1,180.7

 

 

 

 

 

 

 

Tangible long-lived assets

 

 

 

 

 

United States

 

$

99.9

 

$

106.8

 

Switzerland

 

10.7

 

11.0

 

All other foreign business units

 

6.4

 

2.8

 

Total

 

$

117.0

 

$

120.6

 

 

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

 

 

 

Three Months Ended June 30,

 

Nine Months Ended June 30,

 

 

 

2012

 

2011

 

2012

 

2011

 

Net income

 

$

21.3

 

$

22.5

 

$

80.0

 

$

82.6

 

Interest income

 

(0.1

)

(0.8

)

(0.4

)

(7.2

)

Interest expense

 

3.0

 

2.6

 

8.8

 

8.3

 

Income tax expense

 

8.6

 

10.5

 

20.6

 

43.2

 

Depreciation and amortization

 

9.4

 

8.7

 

31.0

 

26.0

 

EBITDA

 

$

42.2

 

$

43.5

 

$

140.0

 

$

152.9