CONSOLIDATING GUARANTOR AND NON-GUARANTOR FINANCIAL INFORMATION (Tables)

3 Months Ended

Dec. 31, 2012

Schedule of Condensed Balance Sheet [Table Text Block]

CONDENSED CONSOLIDATING BALANCE SHEETS (in thousands, except share and per share data):

	Parent Company		Guarantor Companies		Non-Guarantor Companies		Elimination			Consolidation
CURRENT ASSETS
Cash and equivalents	$	64,874	$	15,103	$	36,945	$	—		$	116,922
Accounts receivable, net of allowances		—		255,170		79,925		(32,814	)		302,281
Contract costs and recognized income not yet billed, net of progress payments		—		94,690		349		—			95,039
Inventories, net		—		198,830		57,997		220			257,047
Prepaid and other current assets		1,077		18,472		22,925		12,437			54,911
Assets of discontinued operations		—		—		556		—			556
Total Current Assets		65,951		582,265		198,697		(20,157	)		826,756
PROPERTY, PLANT AND EQUIPMENT, net		1,071		245,475		104,286		—			350,832
GOODWILL		—		288,147		70,187		—			358,334
INTANGIBLE ASSETS, net		—		162,491		62,671		—			225,162
INTERCOMPANY RECEIVABLE		566,985		886,819		614,488		(2,068,292	)		—
EQUITY INVESTMENTS IN SUBSIDIARIES		2,189,013		538,547		2,686,245		(5,413,805	)		—
OTHER ASSETS		48,120		58,423		8,715		(87,198	)		28,060
ASSETS OF DISCONTINUED OPERATIONS		—		—		2,665		—			2,665
Total Assets	$	2,871,140	$	2,762,167	$	3,747,954	$	(7,589,452	)	$	1,791,809
CURRENT LIABILITIES
Notes payable and current portion of long-term debt	$	1,312	$	1,056	$	17,154	$	—		$	19,522
Accounts payable and accrued liabilities		40,300		173,043		73,345		(20,377	)		266,311
Liabilities of discontinued operations		—		—		1,954		—			1,954
Total Current Liabilities		41,612		174,099		92,453		(20,377	)		287,787
LONG-TERM DEBT, net of debt discounts		656,168		9,547		13,058		—			678,773
INTERCOMPANY PAYABLES		20,001		840,936		1,180,334		(2,041,271	)		—
OTHER LIABILITIES		65,955		177,783		27,804		(87,198	)		184,344
LIABILITIES OF DISCONTINUED OPERATIONS		—		—		3,110		—			3,110
Total Liabilities		783,736		1,202,365		1,316,759		(2,148,846	)		1,154,014
SHAREHOLDERS’ EQUITY		2,087,404		1,559,802		2,431,195		(5,440,606	)		637,795
Total Liabilities and Shareholders’ Equity	$	2,871,140	$	2,762,167	$	3,747,954	$	(7,589,452	)	$	1,791,809

	Parent Company			Guarantor Companies		Non-Guarantor Companies		Elimination			Consolidation
CURRENT ASSETS
Cash and equivalents	$	125,093		$	34,782	$	49,779	$	—		$	209,654
Accounts receivable, net of allowances		—			187,487		81,274		(28,904	)		239,857
Contract costs and recognized income not yet billed, net of progress payments		—			69,216		1,561		—			70,777
Inventories, net		—			194,618		63,203		47			257,868
Prepaid and other current assets		(851	)		23,929		21,968		2,426			47,472
Assets of discontinued operations		—			—		587		—			587
Total Current Assets		124,242			510,032		218,372		(26,431	)		826,215
PROPERTY, PLANT AND EQUIPMENT, net		1,224			244,261		111,394		—			356,879
GOODWILL		—			288,147		70,225		—			358,372
INTANGIBLE ASSETS, net		—			164,633		65,840		—			230,473
INTERCOMPANY RECEIVABLE		508,984			648,347		542,025		(1,699,356	)		—
EQUITY INVESTMENTS IN SUBSIDIARIES		2,143,427			528,411		2,650,083		(5,321,921	)		—
OTHER ASSETS		49,718			60,609		8,188		(87,198	)		31,317
ASSETS OF DISCONTINUED OPERATIONS		—			—		2,936		—			2,936
Total Assets	$	2,827,595		$	2,444,440	$	3,669,063	$	(7,134,906	)	$	1,806,192
CURRENT LIABILITIES
Notes payable and current portion of long-term debt	$	1,625		$	1,032	$	15,046	$	—		$	17,703
Accounts payable and accrued liabilities		44,649			167,230		66,640		(26,478	)		252,041
Liabilities of discontinued operations		—			—		3,639		—			3,639
Total Current Liabilities		46,274			168,262		85,325		(26,478	)		273,383
LONG-TERM DEBT, net of debt discounts		655,023			9,782		17,102		—			681,907
INTERCOMPANY PAYABLES		—			558,905		1,149,748		(1,708,653	)		—
OTHER LIABILITIES		68,827			183,989		27,489		(87,198	)		193,107
LIABILITIES OF DISCONTINUED OPERATIONS		—			—		3,643		—			3,643
Total Liabilities		770,124			920,938		1,283,307		(1,822,329	)		1,152,040
SHAREHOLDERS’ EQUITY		2,057,471			1,523,502		2,385,751		(5,312,572	)		654,152
Total Liabilities and Shareholders’ Equity	$	2,827,595		$	2,444,440	$	3,669,058	$	(7,134,901	)	$	1,806,192

Schedule of Condensed Income Statement [Table Text Block]

CONDENSED CONSOLIDATING STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME (LOSS) (in thousands, except share and per share data):

($ in thousands)	Parent Company			Guarantor Companies			Non-Guarantor Companies			Elimination			Consolidation
Revenue	$	—		$	379,846		$	123,599		$	(14,702	)	$	488,743
Cost of goods and services		—			292,369			104,011			(13,134	)		383,246
Gross profit		—			87,477			19,588			(1,568	)		105,497
Selling, general and administrative expenses		3,821			67,936			15,912			(1,610	)		86,059
Restructuring and other related charges		—			5,372			3,964			—			9,336
Total operating expenses		3,821			73,308			19,876			(1,610	)		95,395
Income (loss) from operations		(3,821	)		14,169			(288	)		42			10,102
Other income (expense)
Interest income (expense), net		(3,610	)		(6,824	)		(2,475	)		—			(12,909	)
Other, net		322			1,966			(1,404	)		(462	)		422
Total other income (expense)		(3,288	)		(4,858	)		(3,879	)		(462	)		(12,487	)
Income (loss) before taxes		(7,109	)		9,311			(4,167	)		(420	)		(2,385	)
Provision (benefit) for income taxes		(4,393	)		2,750			77			—			(1,566	)
Income (loss) before equity in net income of subsidiaries		(2,716	)		6,561			(4,244	)		(420	)		(819	)
Equity in net income (loss) of subsidiaries		2,317			(4,235	)		6,561			(4,643	)		—
Net income (loss)	$	(399	)	$	2,326		$	2,317		$	(5,063	)	$	(819	)
Net Income (loss)	$	(399	)	$	2,326		$	2,317		$	(5,063	)	$	(819	)
Other comprehensive income (loss), net of taxes		(1,181	)		(46,562	)		42,479			—			(5,264	)
Comprehensive income (loss)	$	(1,580	)	$	(44,236	)	$	44,796		$	(5,063	)	$	(6,083	)

($ in thousands)	Parent Company			Guarantor Companies			Non-Guarantor Companies			Elimination			Consolidation
Revenue	$	—		$	344,442		$	151,309		$	(13,320	)	$	482,431
Cost of goods and services		—			264,078			129,241			(13,689	)		379,630
Gross profit		—			80,364			22,068			369			102,801
Selling, general and administrative expenses		4,627			65,072			16,546			(93	)		86,152
Restructuring and other related charges		—			—			—			—			—
Total operating expenses		4,627			65,072			16,546			(93	)		86,152
Income (loss) from operations		(4,627	)		15,292			5,522			462			16,649
Other income (expense)
Interest income (expense), net		(3,345	)		(5,327	)		(4,247	)		—			(12,919	)
Other, net		109			2,746			(1,364	)		(462	)		1,029
Total other income (expense)		(3,236	)		(2,581	)		(5,611	)		(462	)		(11,890	)
Income (loss) before taxes		(7,863	)		12,711			(89	)		—			4,759
Provision (benefit) for income taxes		(3,316	)		6,061			(13	)		—			2,732
Income (loss) before equity in net income of subsidiaries		(4,547	)		6,650			(76	)		—			2,027
Equity in net income (loss) of subsidiaries		6,574			(38	)		6,650			(13,186	)		—
Net income (loss)	$	2,027		$	6,612		$	6,574		$	(13,186	)	$	2,027
Net Income (loss)	$	2,027		$	6,612		$	6,574		$	(13,186	)	$	2,027
Other comprehensive income (loss), net of taxes		238			(5,965	)		15,870			—			10,143
Comprehensive income (loss)	$	2,265		$	647		$	22,444		$	(13,186	)	$	12,170

	Parent Company			Guarantor Companies			Non-Guarantor Companies			Elimination			Consolidation
Revenue	$	—		$	700,904		$	238,510		$	(26,922	)	$	912,492
Cost of goods and services		—			531,186			202,365			(24,226	)		709,325
Gross profit		—			169,718			36,145			(2,696	)		203,167
Selling, general and administrative expenses		11,278			129,586			30,534			(3,120	)		168,278
Restructuring and other related charges		—			6,480			3,964			—			10,444
Total operating expenses		11,278			136,066			34,498			(3,120	)		178,722
Income (loss) from operations		(11,278	)		33,652			1,647			424			24,445
Other income (expense)
Interest income (expense), net		(7,222	)		(13,703	)		(5,063	)		—			(25,988	)
Other, net		355			4,265			(2,788	)		(924	)		908
Total other income (expense)		(6,867	)		(9,438	)		(7,851	)		(924	)		(25,080	)
Income (loss) before taxes		(18,145	)		24,214			(6,204	)		(500	)		(635	)
Provision (benefit) for income taxes		(9,759	)		8,948			437			—			(374	)
Income (loss) before equity in net income of subsidiaries		(8,386	)		15,266			(6,641	)		(500	)		(261	)
Equity in net income (loss) of subsidiaries		8,625			(6,596	)		15,266			(17,295	)		—
Net income (loss)	$	239		$	8,670		$	8,625		$	(17,795	)	$	(261	)
Net Income (loss)	$	239		$	8,670		$	8,625		$	(17,795	)	$	(261	)
Other comprehensive income (loss), net of taxes		422			(42,139	)		43,316			—			1,599
Comprehensive income (loss)	$	661		$	(33,469	)	$	51,941		$	(17,795	)	$	1,338

	Parent Company			Guarantor Companies			Non-Guarantor Companies			Elimination			Consolidation
Revenue	$	—		$	682,504		$	278,272		$	(27,314	)	$	933,462
Cost of goods and services		—			517,605			238,401			(28,053	)		727,953
Gross profit		—			164,899			39,871			739			205,509
Selling, general and administrative expenses		9,244			129,063			31,097			(185	)		169,219
Restructuring and other related charges		—			1,779			16			—			1,795
Total operating expenses		9,244			130,842			31,113			(185	)		171,014
Income (loss) from operations		(9,244	)		34,057			8,758			924			34,495
Other income (expense)
Interest income (expense), net		(6,743	)		(11,309	)		(7,867	)		—			(25,919	)
Other, net		174			5,588			(3,762	)		(924	)		1,076
Total other income (expense)		(6,569	)		(5,721	)		(11,629	)		(924	)		(24,843	)
Income (loss) before taxes		(15,813	)		28,336			(2,871	)		—			9,652
Provision (benefit) for income taxes		(7,757	)		12,787			109			—			5,139
Income (loss) before equity in net income of subsidiaries		(8,056	)		15,549			(2,980	)		—			4,513
Equity in net income (loss) of subsidiaries		12,569			(2,878	)		15,549			(25,240	)		—
Net income (loss)	$	4,513		$	12,671		$	12,569		$	(25,240	)	$	4,513
Net Income (loss)	$	4,513		$	12,671		$	12,569		$	(25,240	)	$	4,513
Other comprehensive income (loss), net of taxes		476			32,970			(27,358	)		—			6,088
Comprehensive income (loss)	$	4,989		$	45,641		$	(14,789	)	$	(25,240	)	$	10,601

Schedule of Condensed Cash Flow Statement [Table Text Block]

CONDENSED CONSOLIDATING STATEMENTS OF CASH FLOWS (in thousands, except share and per share data):

	Parent Company			Guarantor Companies			Non-Guarantor Companies			Elimination			Consolidation
CASH FLOWS FROM OPERATING ACTIVITIES:
Net income (loss)	$	239		$	8,670		$	8,625		$	(17,795	)	$	(261	)
Net cash provided by (used in) operating activities		(43,968	)		(26,900	)		36,885			—			(33,983	)
CASH FLOWS FROM INVESTING ACTIVITIES:
Acquisition of property, plant and equipment		(24	)		(28,624	)		(2,347	)		—			(30,995	)
Intercompany distributions		10,000			(10,000	)		—			—			—
Proceeds from sale of investment		—			1,171			45			—			1,216
Net cash provided by (used in) investing activities		9,976			(37,453	)		(2,302	)		—			(29,779	)
CASH FLOWS FROM FINANCING ACTIVITIES:
Purchase of shares for treasury		(22,109	)		—			—			—			(22,109	)
Proceeds from issuance of long-term debt		—			303			—			—			303
Payments of long-term debt		(813	)		(514	)		(4,073	)		—			(5,400	)
Change in short-term borrowings		—			—			2,157			—			2,157
Financing costs		(759	)		—			—			—			(759	)
Tax effect from exercise/vesting of equity awards, net		150			—			—			—			150
Dividend		(2,938	)		—			—			—			(2,938	)
Other, net		242			44,885			(44,885	)		—			242
Net cash provided by (used in) financing activities		(26,227	)		44,674			(46,801	)		—			(28,354	)
CASH FLOWS FROM DISCONTINUED OPERATIONS:
Net cash used in discontinued operations		—			—			(478	)		—			(478	)
Effect of exchange rate changes on cash and equivalents		—			—			(138	)		—			(138	)
NET DECREASE IN CASH AND EQUIVALENTS		(60,219	)		(19,679	)		(12,834	)		—			(92,732	)
CASH AND EQUIVALENTS AT BEGINNING OF PERIOD		125,093			34,782			49,779			—			209,654
CASH AND EQUIVALENTS AT END OF PERIOD	$	64,874		$	15,103		$	36,945		$	—		$	116,922

	Parent Company			Guarantor Companies			Non-Guarantor Companies			Elimination			Consolidation
CASH FLOWS FROM OPERATING ACTIVITIES:
Net income (loss)	$	4,513		$	12,671		$	12,569		$	(25,240	)	$	4,513
Net cash provided by (used in) operating activities		(59,324	)		8,258			48,858			—			(2,208	)
CASH FLOWS FROM INVESTING ACTIVITIES:
Acquisition of property, plant and equipment		(74	)		(35,119	)		(5,012	)		—			(40,205	)
Acquired business, net of cash acquired		—			—			(22,432	)		—			(22,432	)
Intercompany distributions		10,000			(10,000	)		—			—			—
Proceeds from sale of investment		—			140			55			—			195
Net cash provided by (used in) investing activities		9,926			(44,979	)		(27,389	)		—			(62,442	)
CASH FLOWS FROM FINANCING ACTIVITIES:
Purchase of shares for treasury		(2,350	)		—			—			—			(2,350	)
Proceeds from issuance of long-term debt		—			—			4,000			—			4,000
Payments of long-term debt		(813	)		(3,852	)		(5,733	)		—			(10,398	)
Change in short-term borrowings		—			—			(3,331	)					(3,331	)
Intercompany debt		(23,000	)		—			23,000			—			—
Financing costs		(4	)		—			—			—			(4	)
Tax effect from exercise/vesting of equity awards, net		834			—			—			—			834
Dividend		(2,374	)		—			—			—			(2,374	)
Other, net		(29	)		47,724			(47,724	)		—			(29	)
Net cash provided by (used in) financing activities		(27,736	)		43,872			(29,788	)		—			(13,652	)
CASH FLOWS FROM DISCONTINUED OPERATIONS:
Net cash used in discontinued operations		—			—			(764	)		—			(764	)
Effect of exchange rate changes on cash and equivalents		—			—			916			—			916
NET INCREASE (DECREASE) IN CASH AND EQUIVALENTS		(77,134	)		7,151			(8,167	)		—			(78,150	)
CASH AND EQUIVALENTS AT BEGINNING OF PERIOD		178,448			15,164			49,417			—			243,029
CASH AND EQUIVALENTS AT END OF PERIOD	$	101,314		$	22,315		$	41,250		$	—		$	164,879