Quarterly report pursuant to Section 13 or 15(d)

Consolidated Statements of Income

v3.20.1
Consolidated Statements of Income - USD ($)
shares in Millions, $ in Millions
3 Months Ended 6 Months Ended
Mar. 31, 2020
Mar. 31, 2019
Mar. 31, 2020
Mar. 31, 2019
Income Statement [Abstract]        
Net revenue $ 648.9 $ 713.3 $ 1,331.5 $ 1,413.1
Net revenue 648.9 464.6 1,215.8 874.9
Cost of goods sold 455.2 303.7 850.3 567.0
Gross profit 193.7 160.9 365.5 307.9
Operating expenses 136.0 93.7 293.4 184.4
Amortization expense 24.0 8.6 38.8 16.4
Goodwill and Intangible Asset Impairment 82.5 0.0 82.5 0.0
Interest expense 20.9 5.4 35.6 10.9
Other (expense) income, net (0.7) 0.1 1.2 0.6
(Loss) income before income taxes (70.4) 53.3 (83.6) 96.8
Income tax expense (benefit) 1.8 13.8 (10.6) 28.3
Consolidated net (loss) income (72.2) 39.5 (73.0) 68.5
Less: Net income attributable to noncontrolling interests 1.8 1.5 4.1 2.2
Net income (loss) $ (74.0) $ 38.0 $ (77.1) $ 66.3
Net income attributable to Hillenbrand — per share of common stock:        
Basic (loss) earnings per share $ (0.99) $ 0.60 $ (1.07) $ 1.05
Diluted (loss) earnings per share $ (0.99) $ 0.60 $ (1.07) $ 1.05
Weighted average shares outstanding (basic) 75.1 62.9 71.7 62.9
Weighted average shares outstanding (diluted) 75.1 63.4 71.7 63.4