Annual report pursuant to Section 13 and 15(d)

Business Combinations (Tables)

Business Combinations (Tables)
12 Months Ended
Sep. 30, 2022
Business Combinations [Abstract]  
Schedule of Recognized Identified Assets Acquired and Liabilities Assumed Based on current fair value estimates and the timing of the close of the transaction, the preliminary purchase price for Herbold has been allocated to individual assets acquired and liabilities assumed as follows:
Assets acquired:
Current assets $ 38.2 
Property, plant, and equipment 4.7
Goodwill 69.3
Other assets 5.3
     Total assets acquired $ 117.5 
Liabilities assumed:
Current liabilities 33.9
Other long-term liabilities 5.9
     Total liabilities assumed $ 39.8 
          Net assets acquired $ 77.7 
Schedule of Business Acquisition Pro Forma Information
The supplemental pro forma financial information for the periods presented is as follows:
Year Ended September 30,
2022 2021 2020
Net revenue $ 3,008.5  $ 2,924.7  $ 2,684.8 
Net income attributable to Hillenbrand 214.5  253.3  0.6 
Net income attributable to Hillenbrand  — per share of common stock:
Basic earnings per share $ 2.99  $ 3.38  $ 0.01 
Diluted earnings per share $ 2.97  $ 3.36  $ 0.01 
Disposal Groups, Including Discontinued Operations
The following is a summary of the major categories of assets and liabilities that have been classified as held for sale as of September 30, 2021. The assets held for sale were included within prepaid expenses and other current assets and the liabilities held for sale were included within other current liabilities on the Consolidated Balance Sheet as of September 30, 2021.
Cash and cash equivalents $ 3.5 
Trade receivables, net 7.8 
Inventories 12.0 
Property, plant and equipment, net 12.0 
Operating lease right-of-use assets, net 1.9 
Intangible assets, net 49.5 
Goodwill 12.4 
Other assets 4.4 
Valuation adjustment (allowance) on disposal group (1)
Total assets held for sale $ 56.4 
Trade accounts payable $ 5.2 
Liabilities from long-term manufacturing contracts and advances 7.5 
Operating lease liabilities 2.0 
Deferred income taxes 4.9 
Other liabilities 2.3 
Total liabilities held for sale $ 21.9 
(1)The Company adjusted the carrying value to fair value less costs to sell for certain assets held for sale during the year ended September 30, 2021. Those assets were sold during the year ended September 30, 2022.