Quarterly report pursuant to Section 13 or 15(d)

Segment and Geographical Information (Tables)

v3.22.4
Segment and Geographical Information (Tables)
 3 Months Ended
Dec. 31, 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 December 31,
  2022 2021
Net revenue    
Advanced Process Solutions $ 412.8  $ 317.1 
Molding Technology Solutions 242.9  248.8 
Total $ 655.7  $ 565.9 
Adjusted EBITDA (1)
   
Advanced Process Solutions $ 71.3  $ 54.6 
Molding Technology Solutions 43.1  51.8 
Corporate (13.1) (16.9)
Net revenue (2)
   
United States $ 232.9  $ 162.9 
China 120.2  148.7 
India 52.4  50.9 
Germany 44.5  34.2 
All other countries 205.7  169.2 
Total $ 655.7  $ 565.9 
 
(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
  December 31,
2022		 September 30,
2022
Total assets    
Advanced Process Solutions $ 2,493.8  $ 1,494.2 
Molding Technology Solutions 2,046.7  2,052.6 
Corporate 107.4  99.3 
Held for sale assets 238.0  221.4 
Total $ 4,885.9  $ 3,867.5 
Tangible long-lived assets, net    
United States $ 95.6  $ 79.3 
Germany 129.9  104.1 
China 41.8  42.2 
India 39.4  40.7 
All other countries 84.5  53.5 
Total $ 391.2  $ 319.8 
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
December 31,
2022 2021
Adjusted EBITDA:
   Advanced Process Solutions $ 71.3  $ 54.6 
   Molding Technology Solutions 43.1  51.8 
   Corporate (13.1) (16.9)
Add:
     Income from discontinued operations (net of income tax expense) 21.0  27.9 
Less:    
Interest income (1.8) (0.9)
Interest expense 23.3  17.9 
Income tax expense 2.3  13.3 
Depreciation and amortization 31.0  25.6 
Business acquisition, disposition, and integration costs 10.7  7.6 
Inventory step up charges 8.0  — 
Restructuring and restructuring-related charges 1.0  0.7 
Loss on divestiture —  3.1 
Consolidated net income $ 47.8  $ 50.1