Annual report pursuant to Section 13 and 15(d)

Summary of Significant Accounting Policies (Tables)

v2.4.0.8
Summary of Significant Accounting Policies (Tables)
12 Months Ended
Sep. 30, 2013
Summary of Significant Accounting Policies  
Schedule of inventories

 

 

 

September 30,

 

 

 

2013

 

2012

 

Raw materials and components

 

$

58.3

 

$

39.1

 

Work in process

 

74.8

 

13.9

 

Finished goods

 

44.4

 

37.0

 

Total inventories

 

$

177.5

 

$

90.0

 

Schedule of carrying value of property, plant and equipment

 

 

 

September 30, 2013

 

September 30, 2012

 

 

 

Cost

 

Accumulated
Depreciation

 

Cost

 

Accumulated
Depreciation

 

Land and land improvements

 

$

17.0

 

$

(3.5

)

$

16.8

 

$

(3.5

)

Buildings and building equipment

 

101.8

 

(57.6

)

92.5

 

(55.5

)

Machinery and equipment

 

316.8

 

(202.6

)

272.5

 

(204.9

)

Total

 

$

435.6

 

$

(263.7

)

$

381.8

 

$

(263.9

)

Schedule of intangible assets and related amortization

 

 

 

September 30, 2013

 

September 30, 2012

 

 

 

Cost

 

Accumulated
Amortization

 

Cost

 

Accumulated
Amortization

 

Finite-lived assets:

 

 

 

 

 

 

 

 

 

Trade names

 

$

6.1

 

$

(5.9

)

$

6.1

 

$

(5.6

)

Customer relationships

 

405.1

 

(45.1

)

240.8

 

(25.5

)

Technology, including patents

 

70.6

 

(16.3

)

24.6

 

(9.1

)

Software

 

41.3

 

(31.9

)

34.7

 

(28.8

)

Other

 

0.6

 

(0.4

)

0.6

 

(0.4

)

 

 

523.7

 

(99.6

)

306.8

 

(69.4

)

Indefinite-lived assets:

 

 

 

 

 

 

 

 

 

Trade names

 

134.5

 

 

76.5

 

 

 

 

 

 

 

 

 

 

 

 

Total

 

$

658.2

 

$

(99.6

)

$

383.3

 

$

(69.4

)

Changes in the carrying amount of goodwill

 

 

 

Process
Equipment
Group

 

Batesville

 

Total

 

 

 

 

 

 

 

 

 

Balance September 30, 2011

 

$

294.3

 

$

5.7

 

$

300.0

 

Adjustments

 

6.4

 

 

6.4

 

Foreign currency adjustments

 

(2.7

)

 

(2.7

)

Balance September 30, 2012

 

298.0

 

5.7

 

303.7

 

Acquisitions

 

267.8

 

2.6

 

270.4

 

Foreign currency adjustments

 

11.7

 

 

11.7

 

Balance September 30, 2013

 

$

577.5

 

$

8.3

 

$

585.8

 

Components of accumulated other comprehensive loss, net of tax

 

 

 

 

September 30,

 

 

 

2013

 

2012

 

Currency translation

 

$

31.4

 

$

16.2

 

Pension and postretirement (net of taxes of $19.7 and $34.9)

 

(33.0

)

(58.5

)

Unrealized gain (loss) on derivative instruments (net of taxes of $0.1 and $0.1)

 

0.2

 

(0.3

)

Unrealized gain on available-for-sale securities (net of taxes of $0.0 and $0.1)

 

 

0.2

 

Accumulated other comprehensive loss

 

$

(1.4

)

$

(42.4

)