Segment Information

9 Months Ended

Jun. 30, 2014

Segment Information

Segment Information

Note 13 — Segment Information

Business segment financial data is as follows (in millions):

	Nine Months Ended						Three Months Ended
	June 30,						June 30,
	2014			2013			2014			2013
				(As Restated)						(As Restated)
Sales:
Transportation Systems	$	429.1		$	398.4		$	153.0		$	134.8
Mission Support Services	291.7			359.4			91.8			123.8
Defense Systems	281.2			262.5			95.6			78.6
Other	—			0.3			—			—
Total sales	$	1,002.0		$	1,020.6		$	340.4		$	337.2
Operating income (loss):
Transportation Systems	$	35.2		$	69.5		$	15.3		$	19.0
Mission Support Services	6.0			11.4			1.8			3.6
Defense Systems	16.1			7.6			3.3			6.1
Unallocated corporate expenses and other	(4.1		)	(3.7		)	(1.2		)	(1.8		)
Total operating income	$	53.2		$	84.8		$	19.2		$	26.9
Depreciation and amortization:
Transportation Systems	$	8.5		$	2.7		$	2.7		$	1.2
Mission Support Services	8.5			10.0			2.7			3.5
Defense Systems	5.0			4.4			1.8			1.5
Other	0.7			0.9			0.3			0.2
Total depreciation and amortization	$	22.7		$	18.0		$	7.5		$	6.4

Changes in estimates on contracts for which revenue is recognized using the cost-to-cost-percentage-of-completion method decreased operating profit by $4.8 million for the three months ended June 30, 2014 and increased operating profit by $1.9 million for the three months ended June 30, 2013, and decreased operating profit by $3.8 million and $5.5 million for the nine months ended June 30, 2014 and 2013, respectively.

These adjustments decreased net income by approximately $2.0 million ($0.07 per share) for the three months ended June 30, 2014 and increased net income by approximately $0.9 million ($0.03 per share) for the three months ended June 30, 2013, and decreased net income by $0.3 million ($0.01 per share) and $4.4 million ($0.16 per share) for the nine months ended June 30, 2014 and 2013, respectively.