Quarterly report pursuant to Section 13 or 15(d)

Segment and Geographical Information (Tables)

v3.20.4
Segment and Geographical Information (Tables)
3 Months Ended
Dec. 31, 2020
Segment Reporting [Abstract]  
Schedule of net revenue, adjusted EBITDA, and depreciation and amortization by segment and geographic location
  Three Months Ended
December 31,
  2020 2019
Net revenue    
Advanced Process Solutions $ 290.8  $ 306.6 
Molding Technology Solutions 236.9  133.3 
Batesville 164.8  127.0 
Total $ 692.5  $ 566.9 
Adjusted EBITDA (1)
   
Advanced Process Solutions $ 48.5  $ 51.5 
Molding Technology Solutions 48.4  26.3 
Batesville 52.3  23.0 
Corporate (11.2) (8.9)
Net revenue (2)
   
United States $ 328.7  $ 282.0 
China 111.9  57.0 
Germany 34.3  35.8 
India 41.5  34.3 
All other foreign business units 176.1  157.8 
Total $ 692.5  $ 566.9 
 
(1)Adjusted earnings before interest, income tax, depreciation, and amortization (“adjusted EBITDA”) is a non-GAAP measure used by management to measure segment performance and make operating decisions. See the Operating Performance Measures section of Management’s Discussion and Analysis for further information on adjusted EBITDA, which is reconciled to consolidated net income (loss) below.
(2)The Company attributes net revenue to a geography based upon the location of the end customer. Previously, the Company attributed net revenue to a geography based upon the location of the business that consummates the external sale for
purpose of this disclosure. As such, the net revenue figures for the three months ended December 31, 2019, have been revised to conform to the current year methodology.
Schedule of Revenue from External Customers and Long-Lived Assets, by Geographical Areas
  December 31,
2020
September 30,
2020
Total assets assigned    
Advanced Process Solutions $ 1,659.2  $ 1,666.5 
Molding Technology Solutions 2,074.7  2,032.4 
Batesville 233.0  225.3 
Corporate 48.4  63.2 
Total $ 4,015.3  $ 3,987.4 
Tangible long-lived assets, net    
United States $ 173.6  $ 182.4 
Germany 114.8  110.4 
China 55.4  54.2 
All other foreign business units 116.8  121.6 
Total $ 460.6  $ 468.6 
Schedule of reconciliation of segment adjusted EBITDA to consolidated net income The following schedule reconciles reportable segment adjusted EBITDA to consolidated net income (loss).
  Three Months Ended
December 31,
2020 2019
Adjusted EBITDA:
Advanced Process Solutions $ 48.5  $ 51.5 
Molding Technology Solutions 48.4  26.3 
Batesville 52.3  23.0 
Corporate (11.2) (8.9)
Less:    
Interest income (0.6) (1.3)
Interest expense 21.2  14.7 
Income tax expense (benefit) 31.3  (12.4)
Depreciation and amortization 29.3  25.9 
Business acquisition, disposition, and integration costs 9.1  53.8 
Restructuring and restructuring related charges 1.5  2.4 
     Inventory step-up —  9.6 
Gain on divestiture (31.6) — 
Other 0.1  — 
Consolidated net income (loss) $ 77.7  $ (0.8)