Business Segment Information (Tables)

12 Months Ended

Sep. 30, 2017

Schedule of business segment financial data

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


	Year Ended
	September 30,
	2017		2016		2015
Sales:
Cubic Transportation Systems	$	578.6	$	586.4	$	566.8
Cubic Global Defense Systems		529.1		484.2		462.1
Cubic Global Defense Services		378.2		391.1		402.1
Total sales	$	1,485.9	$	1,461.7	$	1,431.0

Operating income (loss):
Cubic Transportation Systems	$	39.8	$	57.5	$	75.9
Cubic Global Defense Systems		18.8		(17.1)		18.4
Cubic Global Defense Services		6.7		11.2		6.6
Unallocated corporate expenses		(47.8)		(44.4)		(25.5)
Total operating income	$	17.5	$	7.2	$	75.4

Assets:
Cubic Transportation Systems	$	335.1	$	338.2	$	410.0
Cubic Global Defense Systems		670.6		616.2		341.2
Cubic Global Defense Services		179.4		191.2		200.7
Corporate		151.2		359.1		348.4
Total assets	$	1,336.3	$	1,504.7	$	1,300.3

Depreciation and amortization:
Cubic Transportation Systems	$	8.8	$	8.2	$	10.8
Cubic Global Defense Systems		32.9		28.7		17.1
Cubic Global Defense Services		3.1		5.2		8.5
Corporate		6.3		3.4		1.3
Total depreciation and amortization	$	51.1	$	45.5	$	37.7

Capital expenditures:
Cubic Transportation Systems	$	6.9	$	2.2	$	2.0
Cubic Global Defense Systems		7.6		8.9		0.6
Corporate		22.4		21.0		19.6
Total expenditures for long-lived assets	$	36.9	$	32.1	$	22.2

Schedule of sales by geographic area


Years ended September 30,	2017		2016		2015

Geographic Information:
Sales (a):
United States	$	867.4	$	827.0	$	765.0
United Kingdom		219.4		243.0		282.4
Canada		31.5		44.6		17.6
Australia		175.6		154.0		164.6
Middle East		64.8		71.0		67.7
Far East		66.9		57.4		55.3
Other		60.3		64.7		78.4
Total sales	$	1,485.9	$	1,461.7	$	1,431.0

(a)

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

Schedule of long-lived assets by country


Years ended September 30,	2017		2016		2015
Long-lived assets, net:
United States	$	101.0	$	86.3	$	65.8
United Kingdom		11.7		5.3		8.6
Other foreign countries		7.3		9.4		4.3
Total long-lived assets, net	$	120.0	$	101.0	$	78.7

Schedule of restructuring charges (reversals) incurred by business segment

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


	Year Ended
	September 30,
	2017		2016		2015

Restructuring costs:
Cubic Transportation Systems	$	0.4	$	1.0	$	0.6
Cubic Global Defense Systems		0.9		0.3		4.6
Cubic Global Defense Services		0.2		0.6		0.6
Unallocated corporate expenses and other		1.0		—		0.5
Total restructuring costs	$	2.5	$	1.9	$	6.3

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, 2015	$	1,893
Accrued costs		1,852
Cash payments		(3,096)
Balance as of September 30, 2016		649
Accrued costs		2,468
Cash payments		(2,142)
Balance as of September 30, 2017	$	975