Segment and Geographical Information

6 Months Ended

Mar. 31, 2014

Segment and Geographical Information

Segment and Geographical Information

15. Segment and Geographical Information

	Three Months Ended March 31,						Six Months Ended March 31,
	2014			2013			2014			2013
Net revenue
Process Equipment Group	$	239.5		$	227.4		$	481.7		$	381.1
Batesville	157.3			171.1			300.0			322.6
Total	$	396.8		$	398.5		$	781.7		$	703.7
Adjusted EBITDA
Process Equipment Group	$	26.0		$	24.2		$	52.7		$	45.2
Batesville	44.9			48.4			79.4			86.9
Corporate	(1.7		)	(8.5		)	(9.7		)	(16.5		)
Net revenue (1)
United States	$	215.9		$	234.7		$	418.3		$	440.2
International	180.9			163.8			363.4			263.5
Total	$	396.8		$	398.5		$	781.7		$	703.7

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

	March 31, 2014		September 30, 2013
Total assets
Process Equipment Group	$	1711.1	$	1708.6
Batesville	242.8		238.3
Corporate	40.2		56.3
Total	$	1,994.1	$	2003.2
Tangible long-lived assets
United States	$	100.0	$	101.9
International	70.4		70.0
Total	$	170.4	$	171.9

The following schedule reconciles segment adjusted EBITDA to consolidated net income.

	Three Months EndedMarch 31,						Six Months EndedMarch 31,
	2014			2013			2014			2013
Adjusted EBITDA:
Process Equipment Group	$	26.0		$	24.2		$	52.7		$	45.2
Batesville	44.9			48.4			79.4			86.9
Corporate	(1.7		)	(8.5		)	(9.7		)	(16.5		)
Less
Interest income	(0.1		)	(0.2		)	(0.3		)	(0.3		)
Interest expense	5.6			6.8			11.9			11.3
Income tax expense	13.7			5.3			22.7			11.2
Depreciation and amortization	14.7			27.8			29.0			42.9
Business acquisition and integration	1.1			1.8			3.0			10.0
Inventory step-up	—			8.1			—			10.7
Restructuring	0.9			1.3			1.2			1.9
Antitrust litigation	—			—			—			0.1
Consolidated net income	$	33.3		$	13.2		$	54.9		$	27.8