Annual report pursuant to Section 13 and 15(d)

Income Taxes (Details)

v2.4.0.8
Income Taxes (Details) (USD $)
In Millions, unless otherwise specified
12 Months Ended
Sep. 30, 2013
Sep. 30, 2012
Sep. 30, 2011
Components of earnings before income taxes and the consolidated income tax provision:      
Domestic $ 108.0 $ 116.3 $ 140.5
Foreign (14.3) 18.6 17.3
Income before income taxes 93.7 134.9 157.8
Current provision:      
Federal 37.0 27.1 45.4
State 5.5 4.0 6.1
Foreign 9.4 4.0 4.7
Total current provision 51.9 35.1 56.2
Deferred provision (benefit):      
Federal (2.9) (4.1) (1.6)
State (0.5) 0.3 (2.4)
Foreign (20.2) (1.2) (0.5)
Total deferred provision (benefit) (23.6) (5.0) (4.5)
Income tax expense 28.3 30.1 51.7
Reconciliation of the effective income tax rate with the U.S. federal statutory income tax rate      
Federal statutory rates (as a percent) 35.00% 35.00% 35.00%
Adjustments resulting from the tax effect of:      
Permanent reinvestment of unremitted earnings (as a percent)   (8.10%)  
State income taxes, net of federal benefit 3.50% 2.60% 1.80%
Foreign income tax rate differential (as a percent) (7.00%) (3.10%) (1.20%)
Domestic manufacturer's deduction (as a percent) (4.00%) (2.60%) (2.70%)
Non-deductible acquisition costs (as a percent) 1.40%    
Valuation allowance (as a percent) 0.80%   (0.60%)
Other, net (as a percent) 0.50% (1.50%) 0.50%
Effective income tax rate (as a percent) 30.20% 22.30% 32.80%
Deferred tax assets:      
Employee benefit accruals 63.9 64.1  
Loss and tax credit carryforwards 39.6 2.7  
Rebates and other discounts 5.5 4.4  
Self-insurance reserves 6.4 5.9  
Casket pricing obligation 2.7 2.9  
Allowance for doubtful accounts 1.2 1.2  
Inventory 2.0 2.0  
Other, net 8.3 4.6  
Total deferred tax assets before valuation allowance 129.6 87.8  
Less valuation allowance (2.5) (0.9)  
Total deferred tax assets, net 127.1 86.9  
Deferred income tax liabilities:      
Depreciation (20.9) (12.4)  
Amortization (152.1) (71.8)  
Long-term contracts and customer prepayments (14.6)    
Unremitted earnings of foreign operations (0.2) (0.1)  
Other, net (3.8) (1.8)  
Total deferred income tax liabilities (191.6) (86.1)  
Deferred tax assets and liabilities, net (64.5) 0.8  
Amounts recorded in the balance sheets:      
Deferred income taxes, current 10.2 18.7  
Deferred income taxes, long-term (74.7) (17.9)  
Deferred tax assets and liabilities, net (64.5) 0.8  
Deferred income tax assets related to U.S. federal and state tax credit carryforwards 6.9    
Deferred income tax assets related to foreign net operating loss carryforwards 31.6    
Deferred tax assets related to capital loss carryforwards 1.1    
Current income tax payable 28.5 0  
Total permanently reinvested earnings $ 41.7 $ 42.5