Quarterly report pursuant to Section 13 or 15(d)

Consolidated Statements of Income

v3.20.2
Consolidated Statements of Income - USD ($)
shares in Millions, $ in Millions
3 Months Ended 9 Months Ended
Jun. 30, 2020
Jun. 30, 2019
Jun. 30, 2020
Jun. 30, 2019
Income Statement [Abstract]        
Net revenue $ 607.5 $ 718.0 $ 1,939.0 $ 2,132.1
Net revenue 607.5 446.6 1,823.3 1,321.5
Cost of goods sold 400.2 298.2 1,250.5 865.2
Gross profit 207.3 148.4 572.8 456.3
Operating expenses 118.5 90.8 411.9 275.2
Amortization expense 16.4 8.6 55.2 25.0
Goodwill and Intangible Asset Impairment 0.0 0.0 82.5 0.0
Interest expense 19.7 5.2 55.3 16.1
Other income (expense), net 0.6 (0.5) 1.8 0.1
Income (loss) before income taxes 53.3 43.3 (30.3) 140.1
Income tax expense 28.3 11.6 17.7 39.9
Consolidated net income (loss) 25.0 31.7 (48.0) 100.2
Less: Net income attributable to noncontrolling interests 1.0 1.3 5.1 3.5
Net income (loss) $ 24.0 $ 30.4 $ (53.1) $ 96.7
Net income (loss) attributable to Hillenbrand  — per share of common stock:        
Basic earnings (loss) per share $ 0.32 $ 0.48 $ (0.73) $ 1.54
Diluted earnings (loss) per share $ 0.32 $ 0.48 $ (0.73) $ 1.52
Weighted average shares outstanding (basic) 75.1 63.0 72.8 62.9
Weighted average shares outstanding (diluted) 75.1 63.4 72.8 63.4