Quarterly report pursuant to Section 13 or 15(d)

Segment and Geographical Information

v2.4.1.9
Segment and Geographical Information
 6 Months Ended
Mar. 31, 2015
Segment Reporting [Abstract]  
Segment and Geographical Information
Segment and Geographical Information
 
 
Three Months Ended March 31,
 
Six Months Ended March 31,
 
2015
 
2014
 
2015
 
2014
Net revenue
 

 
 

 
 

 
 

Process Equipment Group
$
240.8

 
$
239.5

 
$
497.2

 
$
481.7

Batesville
163.8

 
157.3

 
308.9

 
300.0

Total
$
404.6

 
$
396.8

 
$
806.1

 
$
781.7

 
 
 
 
 
 
 
 
Adjusted EBITDA
 

 
 

 
 

 
 

Process Equipment Group
$
34.6

 
$
26.0

 
$
72.7

 
$
52.7

Batesville
44.0

 
44.9

 
76.6

 
79.4

Corporate
(13.1
)
 
(1.7
)
 
(20.4
)
 
(9.7
)
 
 
 
 
 
 
 
 
Net revenue (1)
 

 
 

 
 

 
 

United States
$
236.2

 
$
215.9

 
$
452.8

 
$
418.3

International
168.4

 
180.9

 
353.3

 
363.4

Total
$
404.6

 
$
396.8

 
$
806.1

 
$
781.7

 
(1) We attribute revenue to a geography based upon the location of the business unit that consummates the external sale.
 
 
March 31,
2015
 
September 30,
2014
Total assets assigned
 

 
 

Process Equipment Group
$
1,500.2

 
$
1,632.8

Batesville
225.4

 
237.8

Corporate
62.7

 
47.9

Total
$
1,788.3

 
$
1,918.5

 
 
 
 
Tangible long-lived assets, net
 

 
 

United States
$
94.5

 
$
93.7

International
58.2

 
65.8

Total
$
152.7

 
$
159.5



The following schedule reconciles segment adjusted EBITDA to consolidated net income.
 
 
Three Months Ended
March 31,
 
Six Months Ended
March 31,
 
2015
 
2014
 
2015
 
2014
Adjusted EBITDA:
 

 
 

 
 

 
 

Process Equipment Group
$
34.6

 
$
26.0

 
$
72.7

 
$
52.7

Batesville
44.0

 
44.9

 
76.6

 
79.4

Corporate
(13.1
)
 
(1.7
)
 
(20.4
)
 
(9.7
)
Less:
 

 
 

 
 

 
 

Interest income
(0.4
)
 
(0.1
)
 
(0.7
)
 
(0.3
)
Interest expense
6.4

 
5.6

 
12.1

 
11.9

Income tax expense
14.3

 
13.7

 
26.1

 
22.7

Depreciation and amortization
13.4

 
14.7

 
28.4

 
29.0

Business acquisition and integration
(0.1
)
 
1.1

 
0.2

 
3.0

Restructuring
0.7

 
0.9

 
1.4

 
1.2

Litigation
—

 
—

 
0.5

 
—

Consolidated net income
$
31.2

 
$
33.3

 
$
60.9

 
$
54.9