Annual report pursuant to Section 13 and 15(d)

Other Income (Expense), Net

v2.4.0.8
Other Income (Expense), Net
12 Months Ended
Sep. 30, 2013
Other Income (Expense), Net  
Other Income (Expense), Net

11.             Other Income (Expense), Net

 

 

 

Year Ended September 30,

 

 

 

2013

 

2012

 

2011

 

Interest income on Forethought Note

 

$

 

$

 

$

6.4

 

Equity in net (loss) income of affiliates

 

(1.3

)

1.6

 

5.4

 

Net realized gain on auction rate securities and investments

 

0.3

 

0.2

 

0.5

 

Foreign currency exchange gain (loss)

 

0.1

 

(0.5

)

(0.5

)

Business acquisition costs, net

 

1.0

 

 

 

Other, net

 

(0.5

)

(2.8

)

(1.6

)

Other income (expense), net

 

$

(0.4

)

$

(1.5

)

$

10.2

 

 

The acquisition of Coperion was transacted in euros.  Business acquisition costs, net, within this income statement category represents the foreign exchange gain recognized on euro-denominated cash required to fund the acquisition, offset by the costs of derivative contracts that hedged currency exposure on the funds required to close the transaction.