Quarterly report pursuant to Section 13 or 15(d)

Segment and Geographical Information

v2.4.0.8
Segment and Geographical Information
3 Months Ended
Dec. 31, 2013
Segment and Geographical Information  
Segment and Geographical Information

15.       Segment and Geographical Information

 

 

 

Three Months Ended
December 31,

 

 

 

2013

 

2012

 

Net revenue

 

 

 

 

 

Process Equipment Group

 

$

242.2

 

$

153.7

 

Batesville

 

142.7

 

151.5

 

Total

 

$

384.9

 

$

305.2

 

 

 

 

 

 

 

Adjusted EBITDA

 

 

 

 

 

Process Equipment Group

 

$

26.7

 

$

20.9

 

Batesville

 

34.5

 

38.5

 

Corporate

 

(8.0

)

(8.0

)

 

 

 

 

 

 

Net revenue (1)

 

 

 

 

 

United States

 

$

202.4

 

$

205.5

 

International

 

182.5

 

99.7

 

Total

 

$

384.9

 

$

305.2

 

 

(1)            We attribute revenue to a geography based upon the location of the business unit that consummates the external sale.

 

 

 

December 31,
2013

 

September 30,
2013

 

Total assets

 

 

 

 

 

 

 

Process Equipment Group

 

$

1,714.8

 

$

1,708.6

 

Batesville

 

236.3

 

238.3

 

Corporate

 

52.8

 

56.3

 

Total

 

$

2,003.9

 

$

2,003.2

 

 

 

 

 

 

 

Tangible long-lived assets

 

 

 

 

 

United States

 

$

101.2

 

$

101.9

 

International

 

70.7

 

70.0

 

Total

 

$

171.9

 

$

171.9

 

 

The following schedule reconciles segment adjusted EBITDA to consolidated net income.

 

 

 

Three Months Ended
December 31,

 

 

 

2013

 

2012

 

Adjusted EBITDA:

 

 

 

 

 

Process Equipment Group

 

$

26.7

 

$

20.9

 

Batesville

 

34.5

 

38.5

 

Corporate

 

(8.0

)

(8.0

)

Less:

 

 

 

 

 

Interest income

 

(0.2

)

(0.1

)

Interest expense

 

6.3

 

4.5

 

Income tax expense

 

9.0

 

5.9

 

Depreciation and amortization

 

14.3

 

15.0

 

Business acquisition and integration

 

1.9

 

8.2

 

Inventory step-up

 

 

2.6

 

Restructuring

 

0.3

 

0.6

 

Antitrust litigation

 

 

0.1

 

Consolidated net income

 

$

21.6

 

$

14.6