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Segment Information (Tables)
6 Months Ended
Mar. 31, 2021
Segment Reporting [Abstract]  
Summary of Consolidated Net Sales and Earnings by Segment

A summary of consolidated net sales and earnings by segment follows:

 

 

 

Three-Months Ended

 

 

Six-Months Ended

 

 

 

March 31,

 

 

March 31,

 

 

 

2021

 

 

2020

 

 

2021

 

 

2020

 

Segment external net sales:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Aerospace

 

$

364,706

 

 

$

474,236

 

 

$

686,373

 

 

$

948,161

 

Industrial

 

 

216,615

 

 

 

245,984

 

 

 

432,567

 

 

 

492,414

 

Total consolidated net sales

 

$

581,321

 

 

$

720,220

 

 

$

1,118,940

 

 

$

1,440,575

 

Segment earnings:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Aerospace

 

$

69,008

 

 

$

117,638

 

 

$

115,474

 

 

$

210,549

 

Industrial

 

 

27,871

 

 

 

25,972

 

 

 

60,759

 

 

 

54,202

 

Nonsegment expenses

 

 

(10,426

)

 

 

(28,131

)

 

 

(33,785

)

 

 

(79,202

)

Interest expense, net

 

 

(7,966

)

 

 

(8,280

)

 

 

(16,377

)

 

 

(16,802

)

Consolidated earnings before income taxes

 

$

78,487

 

 

$

107,199

 

 

$

126,071

 

 

$

168,747

 

Summary of Consolidated Total Assets by Segment

Segment assets consist of accounts receivable; inventories; property, plant, and equipment, net; goodwill; and other intangibles, net.  A summary of consolidated total assets by segment follows:

 

 

 

March 31, 2021

 

 

September 30, 2020

 

Segment assets:

 

 

 

 

 

 

 

 

Aerospace

 

$

1,735,452

 

 

$

1,752,516

 

Industrial

 

 

1,529,109

 

 

 

1,529,411

 

Unallocated corporate property, plant and equipment, net

 

 

103,949

 

 

 

106,380

 

Other unallocated assets

 

 

652,262

 

 

 

515,029

 

Consolidated total assets

 

$

4,020,772

 

 

$

3,903,336