BUSINESS SEGMENT INFORMATION (Tables)

12 Months Ended

Sep. 30, 2016

BUSINESS SEGMENT INFORMATION

Schedule of business segment financial data

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

	Year Ended
	September 30,
	2016		2015		2014
Sales:
Cubic Transportation Systems	$	586.4	$	566.8	$	599.7
Cubic Global Defense Systems		484.2		462.1		400.6
Cubic Global Defense Services		391.1		402.1		398.1
Total sales	$	1,461.7	$	1,431.0	$	1,398.4
Operating income (loss):
Cubic Transportation Systems	$	57.5	$	75.9	$	65.9
Cubic Global Defense Systems		(17.1)		18.4		26.8
Cubic Global Defense Services		11.2		6.6		7.8
Unallocated corporate expenses		(44.4)		(25.5)		(8.0)
Total operating income	$	7.2	$	75.4	$	92.5
Assets:
Cubic Transportation Systems	$	338.2	$	410.0	$	422.2
Cubic Global Defense Systems		616.2		341.2		252.4
Cubic Global Defense Services		191.2		200.7		195.8
Corporate		359.1		348.4		324.2
Total assets	$	1,504.7	$	1,300.3	$	1,194.6
Depreciation and amortization:
Cubic Transportation Systems	$	8.2	$	10.8	$	11.5
Cubic Global Defense Systems		28.7		17.1		7.4
Cubic Global Defense Services		5.2		8.5		10.7
Corporate		3.4		1.3		0.8
Total depreciation and amortization	$	45.5	$	37.7	$	30.4
Capital expenditures:
Cubic Transportation Systems	$	2.2	$	2.0	$	1.8
Cubic Global Defense Systems		8.9		0.6		13.2
Cubic Global Defense Services		—		—		—
Corporate		21.0		19.6		1.6
Total expenditures for long-lived assets	$	32.1	$	22.2	$	16.6

Schedule of sales by geographic area

Years ended September 30,	2016		2015		2014
Geographic Information:
Sales (a):
United States	$	827.0	$	765.0	$	749.9
United Kingdom		243.0		282.4		294.4
Canada		44.6		17.6		9.0
Australia		154.0		164.6		161.9
Middle East		71.0		67.7		42.0
Far East		57.4		55.3		76.6
Other		64.7		78.4		64.6
Total sales	$	1,461.7	$	1,431.0	$	1,398.4

(a) Sales are attributed to countries or regions based on the location of customers.

Schedule of long-lived assets by country

Long-lived assets, net:
United States	$	86.3	$	65.8	$	49.8
United Kingdom		5.3		8.6		9.3
Other foreign countries		9.4		4.3		6.3
Total long-lived assets, net	$	101.0	$	78.7	$	65.4

Schedule of restructuring charges (reversals) incurred by business segment

Restructuring charges (reversals) incurred by business segment were as follows (in millions):

	Year Ended
	September 30,
	2016		2015		2014
Restructuring costs (reversals):
Cubic Transportation Systems	$	1.0	$	0.6	$	0.7
Cubic Global Defense Systems		0.3		4.6		0.5
Cubic Global Defense Services		0.6		0.6		—
Unallocated corporate expenses and other		—		0.5		(0.1)
Total restructuring costs (reversals)	$	1.9	$	6.3	$	1.1

Summary of the activity relating to the restructuring liability and employee separation expenses

A summary of the activity relating to the restructuring liability and employee separation expenses, which is included within accrued compensation and other current liabilities within our Consolidated Balance Sheet, is as follows (in thousands):

	Employee Separation
Balance as of October 1, 2014	$	776
Accrued costs		6,272
Cash payments		(5,155)
Liability as of September 30, 2015	$	1,893
Accrued costs		1,852
Cash payments		(3,096)
Liability as of September 30, 2016	$	649