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Segment and Geographical Information (Tables)
6 Months Ended
Mar. 31, 2017
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,
 
2017
 
2016
 
2017
 
2016
Net revenue
 

 
 

 
 

 
 

Process Equipment Group
$
244.1

 
$
235.8

 
$
465.7

 
$
449.8

Batesville
151.2

 
151.2

 
285.7

 
288.9

Total
$
395.3

 
$
387.0

 
$
751.4

 
$
738.7

 
 
 
 
 
 
 
 
Adjusted EBITDA
 
 
 
 
 
 
 
Process Equipment Group
$
37.3

 
$
35.0

 
$
70.0

 
$
67.9

Batesville
42.7

 
43.0

 
73.7

 
74.9

Corporate
(9.7
)
 
(10.2
)
 
(17.0
)
 
(17.2
)
 
 
 
 
 
 
 
 
Net revenue (1)
 
 
 
 
 
 
 
United States
$
227.3

 
$
220.0

 
$
428.7

 
$
419.0

Germany
115.8

 
107.5

 
220.2

 
200.8

All other foreign business units
52.2

 
59.5

 
102.5

 
118.9

Total
$
395.3

 
$
387.0

 
$
751.4

 
$
738.7

 
(1) We attribute revenue to a geography based upon the location of the business unit that consummates the external sale.
Schedule of assets by segment and tangible long-lived assets, net by geographic location
 
March 31,
2017
 
September 30,
2016
Total assets assigned
 

 
 

Process Equipment Group
$
1,659.2

 
$
1,694.6

Batesville
208.7

 
211.8

Corporate
25.3

 
53.3

Total
$
1,893.2

 
$
1,959.7

 
 
 
 
Tangible long-lived assets, net
 

 
 

United States
$
84.3

 
$
89.5

Germany
34.7

 
35.8

All other foreign business units
26.4

 
27.2

Total
$
145.4

 
$
152.5

Schedule of reconciliation of segment adjusted EBITDA to consolidated net income
The following schedule reconciles segment adjusted EBITDA to consolidated net income.
 
 
Three Months Ended
March 31,
 
Six Months Ended
March 31,
 
2017
 
2016
 
2017
 
2016
Adjusted EBITDA:
 
 
 
 
 
 
 
Process Equipment Group
$
37.3

 
$
35.0

 
$
70.0

 
$
67.9

Batesville
42.7

 
43.0

 
73.7

 
74.9

Corporate
(9.7
)
 
(10.2
)
 
(17.0
)
 
(17.2
)
Less:
 

 
 

 
 

 
 

Interest income
(0.1
)
 
(0.2
)
 
(0.3
)
 
(0.5
)
Interest expense
6.3

 
6.4

 
12.4

 
12.3

Income tax expense
14.9

 
12.3

 
21.6

 
21.0

Depreciation and amortization
13.6

 
15.9

 
28.6

 
31.9

Business acquisition and integration
0.3

 
1.1

 
0.6

 
2.8

Inventory step-up

 
1.1

 

 
2.5

Restructuring and restructuring related
1.3

 
4.0

 
7.9

 
7.4

Consolidated net income
$
34.0

 
$
27.2

 
$
55.9

 
$
48.2