Annual report pursuant to Section 13 and 15(d)

Summary of Significant Accounting Policies (Tables)

v3.5.0.2
Summary of Significant Accounting Policies (Tables)
12 Months Ended
Sep. 30, 2016
Accounting Policies [Abstract]  
Schedule of inventories
 
September 30,
 
2016
 
2015
Raw materials and components
$
51.4

 
$
40.1

Work in process
54.0

 
63.9

Finished goods
47.7

 
49.6

Total inventories
$
153.1

 
$
153.6

Schedule of carrying value of property, plant and equipment
 
September 30, 2016
 
September 30, 2015
 
Cost
 
Accumulated
Depreciation
 
Cost
 
Accumulated
Depreciation
Land and land improvements
$
17.3

 
$
(3.6
)
 
$
15.1

 
$
(3.7
)
Buildings and building equipment
105.6

 
(64.3
)
 
101.9

 
(60.5
)
Machinery and equipment
329.0

 
(231.5
)
 
336.5

 
(231.0
)
Total
$
451.9

 
$
(299.4
)
 
$
453.5

 
$
(295.2
)
Schedule of intangible assets and related amortization
 
September 30, 2016
 
September 30, 2015
 
Cost
 
Accumulated
Amortization
 
Cost
 
Accumulated
Amortization
Finite-lived assets:
 

 
 

 
 

 
 

Trade names
$
0.2

 
$
(0.1
)
 
$
0.2

 
$
(0.1
)
Customer relationships
459.5

 
(100.7
)
 
374.0

 
(78.7
)
Technology, including patents
77.9

 
(33.3
)
 
62.3

 
(28.0
)
Software
47.4

 
(39.8
)
 
43.3

 
(37.7
)
Other
0.4

 
(0.3
)
 
0.4

 
(0.3
)
 
585.4

 
(174.2
)
 
480.2

 
(144.8
)
Indefinite-lived assets:
 

 
 

 
 

 
 

Trade names
130.3

 

 
124.2

 

 
 
 
 
 
 
 
 
Total
$
715.7

 
$
(174.2
)
 
$
604.4

 
$
(144.8
)
Changes in the carrying amount of goodwill
 
Process
Equipment
Group
 
Batesville
 
Total
Balance September 30, 2014
$
562.4

 
$
8.3

 
$
570.7

Adjustments
1.5

 

 
1.5

Foreign currency adjustments
(28.2
)
 

 
(28.2
)
Balance September 30, 2015
535.7

 
8.3

 
544.0

Acquisitions
96.4

 

 
96.4

Adjustments
(0.3
)
 

 
(0.3
)
Foreign currency adjustments
(5.8
)
 

 
(5.8
)
Balance September 30, 2016
$
626.0

 
$
8.3

 
$
634.3

Schedule of changes in accumulated other comprehensive income (loss) by component
 
September 30,
 
2016
 
2015
Currency translation
$
(61.6
)
 
$
(52.1
)
Pension and postretirement (net of taxes of $34.1 and $29.3)
(67.5
)
 
(54.4
)
Unrealized loss on derivative instruments (net of taxes of $0.5 and $0.8)
(0.7
)
 
(1.4
)
Accumulated other comprehensive loss
$
(129.8
)
 
$
(107.9
)