Quarterly report pursuant to Section 13 or 15(d)

Segment and Geographical Information (Tables)

v3.22.2
Segment and Geographical Information (Tables)
9 Months Ended
Jun. 30, 2022
Segment Reporting [Abstract]  
Schedule of net revenue, adjusted EBITDA, and depreciation and amortization by segment and geographic location
The following tables present financial information for the Company’s reportable operating segments and significant geographical locations:
  Three Months Ended June 30, Nine Months Ended June 30,
  2022 2021 2022 2021
Net revenue    
Advanced Process Solutions $ 310.3  $ 313.4  $ 942.0  $ 905.5 
Molding Technology Solutions 269.5  243.8  769.4  735.7 
Batesville 140.8  137.9  479.6  468.7 
Total $ 720.6  $ 695.1  $ 2,191.0  $ 2,109.9 
Adjusted EBITDA (1)
   
Advanced Process Solutions $ 60.6  $ 61.1  $ 180.6  $ 165.3 
Molding Technology Solutions 54.5  49.2  156.7  148.4 
Batesville 25.2  29.8  102.9  126.7 
Corporate (14.6) (13.9) (47.5) (41.9)
Net revenue (2)
   
United States $ 335.3  $ 301.3  $ 999.4  $ 973.1 
China 140.9  135.8  428.9  362.6 
India 46.7  39.0  148.7  127.5 
Germany 33.9  35.2  105.4  101.9 
All other countries 163.8  183.8  508.6  544.8 
Total $ 720.6  $ 695.1  $ 2,191.0  $ 2,109.9 
 
(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.
(2)The Company attributes net revenue to a geography based upon the location of the end customer.
Schedule of Revenue from External Customers and Long-Lived Assets, by Geographical Areas
  June 30,
2022
September 30,
2021
Total assets    
Advanced Process Solutions $ 1,447.9  $ 1,596.5 
Molding Technology Solutions 2,083.8  2,103.0 
Batesville 231.7  231.5 
Corporate 130.3  83.9 
Total $ 3,893.7  $ 4,014.9 
Tangible long-lived assets, net    
United States $ 151.7  $ 161.1 
Germany 101.8  113.8 
China 45.9  53.0 
India 41.8  43.9 
All other countries 68.0  61.4 
Total $ 409.2  $ 433.2 
Schedule of reconciliation of segment adjusted EBITDA to consolidated net income The following schedule reconciles reportable operating segment adjusted EBITDA to consolidated net income:
  Three Months Ended
June 30,
Nine Months Ended
June 30,
2022 2021 2022 2021
Adjusted EBITDA:
Advanced Process Solutions $ 60.6  $ 61.1  $ 180.6  $ 165.3 
Molding Technology Solutions 54.5  49.2  156.7  148.4 
Batesville 25.2  29.8  102.9  126.7 
Corporate (14.6) (13.9) (47.5) (41.9)
Less:    
Interest income (1.3) (0.9) (4.0) (2.5)
Interest expense 17.5  19.0  52.7  59.7 
Income tax expense 22.8  24.4  75.5  86.1 
Depreciation and amortization 26.6  28.7  81.5  86.3 
Business acquisition, disposition, and integration costs 9.7  6.4  21.2  25.2 
Restructuring and restructuring-related charges 0.2  6.5  3.5  10.2 
(Gain) loss on divestitures —  (0.1) 3.1  (65.8)
Other, net 0.1  0.7  3.2  1.1 
Consolidated net income $ 50.1  $ 41.5  $ 156.0  $ 198.2