Quarterly report pursuant to Section 13 or 15(d)

Consolidated Statements of Income

v3.22.4
Consolidated Statements of Income - USD ($)
shares in Millions, $ in Millions
3 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Income Statement [Abstract]    
Net revenue $ 655.7 $ 565.9
Cost of goods sold 444.8 384.1
Gross profit 210.9 181.8
Operating expenses 142.3 112.0
Amortization expense 19.1 13.7
Loss on divestiture 0.0 3.1
Interest expense 23.3 17.9
Other income, net (2.9) (0.4)
Income from continuing operations before income taxes 29.1 35.5
Income tax expense 2.3 13.3
Income from continuing operations 26.8 22.2
Income from discontinued operations (net of income tax expense) 21.0 27.9
Consolidated net income 47.8 50.1
Less: Net income attributable to noncontrolling interests 2.3 1.1
Net income attributable to Hillenbrand $ 45.5 $ 49.0
Basic earnings per share    
Income from continuing operations attributable to Hillenbrand (in dollars per share) $ 0.36 $ 0.29
Income from discontinued operations (in dollars per share) 0.30 0.38
Net income attributable to Hillenbrand 0.66 0.67
Diluted earnings per share    
Income from continuing operations attributable to Hillenbrand (in dollars per share) 0.35 0.29
Income from discontinued operations (in dollars per share) 0.30 0.38
Diluted earnings per share $ 0.65 $ 0.67
Weighted average shares outstanding (basic) 69.4 72.7
Weighted average shares outstanding (diluted) 69.8 73.5