Quarterly report pursuant to Section 13 or 15(d)

Segment and Geographical Information (Tables)

v3.19.1
Segment and Geographical Information (Tables)
6 Months Ended
Mar. 31, 2019
Segment Reporting [Abstract]  
Schedule of net revenue, adjusted EBITDA, and depreciation and amortization by segment and geographic location
 
Three Months Ended March 31,
 
Six Months Ended March 31,
 
2019
 
2018
 
2019
 
2018
Net revenue
 

 
 

 
 
 
 
Process Equipment Group
$
326.7

 
$
299.8

 
$
608.9

 
$
564.1

Batesville
137.9

 
152.4

 
266.0

 
285.3

Total
$
464.6

 
$
452.2

 
$
874.9

 
$
849.4

 
 
 
 
 
 
 
 
Adjusted EBITDA
 

 
 

 
 
 
 
Process Equipment Group
$
55.5

 
$
49.9

 
$
101.7

 
$
95.5

Batesville
31.6

 
38.6

 
58.3

 
66.5

Corporate
(12.2
)
 
(12.2
)
 
(21.0
)
 
(20.5
)
 
 
 
 
 
 
 
 
Net revenue (1)
 

 
 

 
 
 
 
United States
$
232.4

 
$
246.2

 
$
447.2

 
$
465.0

Germany
141.6

 
129.8

 
252.9

 
240.2

All other foreign business units
90.6

 
76.2

 
174.8

 
144.2

Total
$
464.6

 
$
452.2

 
$
874.9

 
$
849.4

 
(1) We attribute revenue to a geography based upon the location of the business unit that consummates the external sale.
Schedule of Revenue from External Customers and Long-Lived Assets, by Geographical Areas [Table Text Block]
 
March 31,
2019
 
September 30,
2018
Total assets assigned
 

 
 

Process Equipment Group
$
1,667.9

 
$
1,638.8

Batesville
187.0

 
191.8

Corporate
30.6

 
34.0

Total
$
1,885.5

 
$
1,864.6

 
 
 
 
Tangible long-lived assets, net
 

 
 

United States
$
74.3

 
$
76.6

Germany
38.6

 
40.7

All other foreign business units
24.7

 
24.7

Total
$
137.6

 
$
142.0

Schedule of reconciliation of segment adjusted EBITDA to consolidated net income
The following schedule reconciles segment adjusted EBITDA to consolidated net income (loss).
 
Three Months Ended
March 31,
 
Six Months Ended
March 31,
 
2019
 
2018
 
2019
 
2018
Adjusted EBITDA:
 
 
 
 
 
 
 
Process Equipment Group
$
55.5

 
$
49.9

 
$
101.7

 
$
95.5

Batesville
31.6

 
38.6

 
58.3

 
66.5

Corporate
(12.2
)
 
(12.2
)
 
(21.0
)
 
(20.5
)
Less:
 

 
 

 
 
 
 
Interest income
(0.2
)
 
(0.3
)
 
(0.4
)
 
(0.8
)
Interest expense
5.4

 
6.0

 
10.9

 
12.3

Income tax expense
13.8

 
13.6

 
28.3

 
37.3

Depreciation and amortization
15.1

 
14.0

 
29.2

 
27.8

Impairment charge

 
63.4

 

 
63.4

Business acquisition, development, and integration
0.5

 
0.2

 
1.1

 
2.5

Restructuring and restructuring related
0.7

 
0.7

 
1.2

 
1.2

     Inventory step-up
0.1

 

 
0.2

 

Consolidated net income (loss)
$
39.5

 
$
(21.3
)
 
$
68.5

 
$
(2.2
)