XML 63 R28.htm IDEA: XBRL DOCUMENT v3.3.0.814
Supplemental Quarterly Financial Data (Unaudited)
12 Months Ended
Sep. 30, 2015
Quarterly Financial Information Disclosure  
Supplemental Quarterly Financial Data (Unaudited)

Note 21.  Supplemental quarterly financial data (Unaudited)

Quarterly results for the fiscal years ended September 30, 2015 and September 30, 2014 follow:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

2015 Fiscal Quarters

 

First

 

Second

 

Third

 

Fourth

Net sales

$

487,646 

 

$

493,222 

 

$

494,810 

 

$

562,625 

Gross margin (1) 

 

143,886 

 

 

137,620 

 

 

143,389 

 

 

159,690 

Earnings before income taxes 

 

57,072 

 

 

57,591 

 

 

57,559 

 

 

68,727 

Net earnings

 

43,784 

 

 

43,855 

 

 

43,753 

 

 

50,060 

Earnings per share

 

 

 

 

 

 

 

 

 

 

 

Basic earnings per share

 

0.67 

 

 

0.67 

 

 

0.68 

 

 

0.79 

Diluted earnings per share

 

0.66 

 

 

0.66 

 

 

0.66 

 

 

0.77 

Cash dividends per share

 

0.08 

 

 

0.10 

 

 

0.10 

 

 

0.10 

 

 

 

 

 

 

 

 

 

 

 

 

 

2014 Fiscal Quarters

 

First

 

Second

 

Third

 

Fourth

Net sales

$

429,042 

 

$

482,467 

 

$

524,284 

 

$

565,447 

Gross margin (1) 

 

113,576 

 

 

142,439 

 

 

151,713 

 

 

167,673 

Earnings before income taxes 

 

32,944 

 

 

56,756 

 

 

62,468 

 

 

75,076 

Net earnings

 

23,383 

 

 

44,798 

 

 

46,001 

 

 

51,662 

Earnings per share

 

 

 

 

 

 

 

 

 

 

 

Basic earnings per share

 

0.35 

 

 

0.67 

 

 

0.70 

 

 

0.79 

Diluted earnings per share

 

0.34 

 

 

0.66 

 

 

0.69 

 

 

0.77 

Cash dividends per share

 

0.08 

 

 

0.08 

 

 

0.08 

 

 

0.08 

 

Notes:

1.

Gross margin represents net sales less cost of goods sold excluding amortization expense.

Quarterly results by segment for the fiscal years ended September 30, 2015 and September 30, 2014 follow:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

2015 Fiscal Quarters

 

First

 

Second

 

Third

 

Fourth

Segment external net sales:

 

 

 

 

 

 

 

 

 

 

 

Aerospace

$

255,770 

 

$

281,426 

 

$

288,480 

 

$

335,207 

Energy

 

231,876 

 

 

211,796 

 

 

206,330 

 

 

227,418 

Total

$

487,646 

 

$

493,222 

 

$

494,810 

 

$

562,625 

Segment earnings:

 

 

 

 

 

 

 

 

 

 

 

Aerospace

$

35,793 

 

$

45,628 

 

$

46,362 

 

$

59,964 

Energy

 

39,268 

 

 

27,224 

 

 

30,619 

 

 

29,530 

Total

$

75,061 

 

$

72,852 

 

$

76,981 

 

$

89,494 

Earnings reconciliation:

 

 

 

 

 

 

 

 

 

 

 

Total segment earnings

$

75,061 

 

$

72,852 

 

$

76,981 

 

$

89,494 

Nonsegment expenses

 

(12,167)

 

 

(10,153)

 

 

(13,564)

 

 

(13,478)

Interest expense, net

 

(5,822)

 

 

(5,108)

 

 

(5,858)

 

 

(7,289)

Consolidated earnings before income taxes

$

57,072 

 

$

57,591 

 

$

57,559 

 

$

68,727 

 

 

 

 

 

 

 

 

 

 

 

 

 

2014 Fiscal Quarters

 

First

 

Second

 

Third

 

Fourth

Segment external net sales:

 

 

 

 

 

 

 

 

 

 

 

Aerospace

$

229,872 

 

$

261,021 

 

$

274,923 

 

$

318,209 

Energy

 

199,170 

 

 

221,446 

 

 

249,361 

 

 

247,238 

Total

$

429,042 

 

$

482,467 

 

$

524,284 

 

$

565,447 

Segment earnings:

 

 

 

 

 

 

 

 

 

 

 

Aerospace

$

22,549 

 

$

40,289 

 

$

39,357 

 

$

57,005 

Energy

 

27,071 

 

 

31,888 

 

 

40,203 

 

 

35,116 

Total

$

49,620 

 

$

72,177 

 

$

79,560 

 

$

92,121 

Earnings reconciliation:

 

 

 

 

 

 

 

 

 

 

 

Total segment earnings

$

49,620 

 

$

72,177 

 

$

79,560 

 

$

92,121 

Nonsegment expenses

 

(10,673)

 

 

(9,293)

 

 

(11,193)

 

 

(12,542)

Interest expense, net

 

(6,003)

 

 

(6,128)

 

 

(5,899)

 

 

(4,503)

Consolidated earnings before income taxes

$

32,944 

 

$

56,756 

 

$

62,468 

 

$

75,076