Quarterly report pursuant to Section 13 or 15(d)

Segment and Geographical Information

v3.10.0.1
Segment and Geographical Information
3 Months Ended
Dec. 31, 2018
Segment Reporting [Abstract]  
Segment and Geographical Information
Segment and Geographical Information
 
 
Three Months Ended December 31,
 
2018
 
2017
Net revenue
 

 
 

Process Equipment Group
$
282.2

 
$
264.3

Batesville
128.1

 
132.9

Total
$
410.3

 
$
397.2

 
 
 
 
Adjusted EBITDA
 

 
 

Process Equipment Group
$
46.2

 
$
45.6

Batesville
26.7

 
27.9

Corporate
(8.8
)
 
(8.3
)
 
 
 
 
Net revenue (1)
 

 
 

United States
$
214.8

 
$
218.8

Germany
111.3

 
110.4

All other foreign business units
84.2

 
68.0

Total
$
410.3

 
$
397.2

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


 
December 31,
2018
 
September 30,
2018
Total assets assigned
 

 
 

Process Equipment Group
$
1,649.5

 
$
1,638.8

Batesville
187.8

 
191.8

Corporate
32.9

 
34.0

Total
$
1,870.2

 
$
1,864.6

 
 
 
 
Tangible long-lived assets, net
 

 
 

United States
$
75.5

 
$
76.6

Germany
39.7

 
40.7

All other foreign business units
25.0

 
24.7

Total
$
140.2

 
$
142.0



The following schedule reconciles segment adjusted EBITDA to consolidated net income.
 
 
Three Months Ended
December 31,
 
2018
 
2017
Adjusted EBITDA:
 
 
 
Process Equipment Group
$
46.2

 
$
45.6

Batesville
26.7

 
27.9

Corporate
(8.8
)
 
(8.3
)
Less:
 

 
 

Interest income
(0.2
)
 
(0.5
)
Interest expense
5.5

 
6.3

Income tax expense
14.5

 
23.7

Depreciation and amortization
14.1

 
13.8

Business acquisition, development, and integration
0.6

 
2.3

Restructuring and restructuring related
0.5

 
0.5

     Inventory step-up
0.1

 

Consolidated net income
$
29.0

 
$
19.1