Quarterly report pursuant to Section 13 or 15(d)

Revenue Recognition Revenue Recognition (Tables)

v3.19.3.a.u2
Revenue Recognition Revenue Recognition (Tables)
3 Months Ended
Dec. 31, 2019
Revenue from Contract with Customer [Abstract]  
Disaggregation of Revenue
Disaggregation of revenue

As a result of completing the acquisition of Milacron during the current year, the Company now sells products in the following additional end markets: custom molders, automotive, consumer goods, packaging, electronics, and construction. The following tables present net revenue by end market, which include reclassifications in the prior year period to conform to the current year presentation:
 
Three Months Ended December 31, 2019
 
Process Equipment Group
 
Milacron
 
Batesville
 
Total
Revenue by End Market
 
 
 
 
 
 
 
  Plastics
$
202.0

 
$

 
$

 
$
202.0

  Automotive

 
25.0

 

 
25.0

  Chemicals
24.4

 

 

 
24.4

  Consumer goods

 
18.4

 

 
18.4

  Food and pharmaceuticals
18.0

 

 

 
18.0

  Custom molders

 
16.8

 

 
16.8

Construction

 
16.8

 

 
16.8

Packaging

 
13.8

 

 
13.8

  Minerals and mining
13.3

 

 

 
13.3

  Electronics

 
8.3

 

 
8.3

  Death care

 

 
127.0

 
127.0

  Other industrial
48.9

 
34.2

 

 
83.1

    Total
$
306.6

 
$
133.3

 
$
127.0

 
$
566.9

 
Three Months Ended December 31, 2018
 
Process Equipment Group
 
Batesville
 
Total
Revenue by End Market
 
 
 
 
 
  Plastics
$
160.9

 
$

 
$
160.9

  Chemicals
29.6

 

 
29.6

Minerals and mining
28.0

 

 
28.0

Food and pharmaceuticals
16.5

 

 
16.5

  Death care

 
128.1

 
128.1

  Other industrial
47.2

 

 
47.2

    Total
$
282.2

 
$
128.1

 
$
410.3


The following tables present net revenue by products and services:
 
Three Months Ended December 31, 2019
 
Process Equipment Group
 
Milacron
 
Batesville
 
Total
Products and Services
 
 
 
 
 
 
 
Equipment
$
206.0

 
$
82.2

 
$

 
$
288.2

Parts and services
100.6

 
32.2

 

 
132.8

Death care

 

 
127.0

 
127.0

Other

 
18.9

 

 
18.9

    Total
$
306.6

 
$
133.3

 
$
127.0

 
$
566.9


 
Three Months Ended December 31, 2018
 
Process Equipment Group
 
Batesville
 
Total
Products and Services
 
 
 
 
 
Equipment
$
183.4

 
$

 
$
183.4

Parts and services
98.8

 

 
98.8

Death care

 
128.1

 
128.1

    Total
$
282.2

 
$
128.1

 
$
410.3


The following tables present net revenue by timing of transfer:
 
Three Months Ended December 31, 2019
 
Process Equipment Group
 
Milacron
 
Batesville
 
Total
Timing of Transfer
 
 
 
 
 
 
 
Point in time
$
147.3

 
$
133.3

 
$
127.0

 
$
407.6

Over time
159.3

 

 

 
159.3

    Total
$
306.6

 
$
133.3

 
$
127.0

 
$
566.9


 
Three Months Ended December 31, 2018
 
Process Equipment Group
 
Batesville
 
Total
Timing of Transfer
 
 
 
 
 
Point in time
$
163.7

 
$
128.1

 
$
291.8

Over time
118.5

 

 
118.5

    Total
$
282.2

 
$
128.1

 
$
410.3