CONSOLIDATING GUARANTOR AND NON-GUARANTOR FINANCIAL INFORMATION (Tables)

6 Months Ended

Mar. 31, 2014

Consolidating Guarantor And Non Guarantor Financial Information [Abstract]

Condensed Balance Sheet [Table Text Block]

CONDENSED CONSOLIDATING BALANCE SHEETS

	Parent Company		Guarantor Companies		Non-Guarantor Companies		Elimination			Consolidation
CURRENT ASSETS
Cash and equivalents	$	4,199	$	25,259	$	40,475	$	—		$	69,933
Accounts receivable, net of allowances		—		258,037		82,765		(31,640	)		309,162
Contract costs and recognized income not yet billed, net of progress payments		—		107,388		437		—			107,825
Inventories, net		—		197,947		58,814		(71	)		256,690
Prepaid and other current assets		4,273		21,059		15,319		10,561			51,212
Assets of discontinued operations		—		—		1,217		—			1,217
Total Current Assets		8,472		609,690		199,027		(21,150	)		796,039
PROPERTY, PLANT AND EQUIPMENT, net		1,424		255,330		101,128		—			357,882
GOODWILL		—		290,761		79,411		—			370,172
INTANGIBLE ASSETS, net		—		158,950		65,276		—			224,226
INTERCOMPANY RECEIVABLE		558,505		886,492		83,046		(1,528,043	)		—
EQUITY INVESTMENTS IN SUBSIDIARIES		787,103		549,256		1,783,996		(3,120,355	)		—
OTHER ASSETS		47,410		51,142		7,435		(75,213	)		30,774
ASSETS OF DISCONTINUED OPERATIONS		—		—		3,107		—			3,107
Total Assets	$	1,402,914	$	2,801,621	$	2,322,426	$	(4,744,761	)	$	1,782,200
CURRENT LIABILITIES
Notes payable and current portion of long-term debt	$	1,847	$	1,098	$	10,448	$	—		$	13,393
Accounts payable and accrued liabilities		22,247		194,512		70,153		(21,935	)		264,977
Liabilities of discontinued operations		—		—		3,069		—			3,069
Total Current Liabilities		24,094		195,610		83,670		(21,935	)		281,439
LONG-TERM DEBT, net of debt discounts		736,786		8,298		28,495		—			773,579
INTERCOMPANY PAYABLES		21,318		772,390		707,295		(1,501,003	)		—
OTHER LIABILITIES		62,964		153,635		22,804		(74,332	)		165,071
LIABILITIES OF DISCONTINUED OPERATIONS		—		—		4,359		—			4,359
Total Liabilities		845,162		1,129,933		846,623		(1,597,270	)		1,224,448
SHAREHOLDERS’ EQUITY		557,752		1,671,688		1,475,803		(3,147,491	)		557,752
Total Liabilities and Shareholders’ Equity	$	1,402,914	$	2,801,621	$	2,322,426	$	(4,744,761	)	$	1,782,200

	Parent Company			Guarantor Companies		Non-Guarantor Companies		Elimination			Consolidation
CURRENT ASSETS
Cash and equivalents	$	68,994		$	25,343	$	83,793	$	—		$	178,130
Accounts receivable, net of allowances		—			213,506		76,241		(33,532	)		256,215
Contract costs and recognized income not yet billed, net of progress payments		—			109,683		145		—			109,828
Inventories, net		—			173,406		56,723		(9	)		230,120
Prepaid and other current assets		(712	)		21,854		17,330		10,431			48,903
Assets of discontinued operations		—			—		1,214		—			1,214
Total Current Assets		68,282			543,792		235,446		(23,110	)		824,410
PROPERTY, PLANT AND EQUIPMENT, net		972			248,973		103,648		—			353,593
GOODWILL		—			288,146		69,584		—			357,730
INTANGIBLE ASSETS, net		—			160,349		61,042		—			221,391
INTERCOMPANY RECEIVABLE		547,903			911,632		573,269		(2,032,804	)		—
EQUITY INVESTMENTS IN SUBSIDIARIES		772,374			533,742		2,718,956		(4,025,072	)		—
OTHER ASSETS		45,968			50,423		7,423		(75,234	)		28,580
ASSETS OF DISCONTINUED OPERATIONS		—			—		3,075		—			3,075
Total Assets	$	1,435,499		$	2,737,057	$	3,772,443	$	(6,156,220	)	$	1,788,779
CURRENT LIABILITIES
Notes payable and current portion of long-term debt	$	1,000		$	1,079	$	8,689	$	—		$	10,768
Accounts payable and accrued liabilities		41,121			183,665		70,427		(24,860	)		270,353
Liabilities of discontinued operations		—			—		3,288		—			3,288
Total Current Liabilities		42,121			184,744		82,404		(24,860	)		284,409
LONG-TERM DEBT, net of debt discounts		656,852			9,006		12,629		—			678,487
INTERCOMPANY PAYABLES		20,607			796,741		1,188,017		(2,005,365	)		—
OTHER LIABILITIES		65,455			153,970		25,578		(74,328	)		170,675
LIABILITIES OF DISCONTINUED OPERATIONS		—			—		4,744		—			4,744
Total Liabilities		785,035			1,144,461		1,313,372		(2,104,553	)		1,138,315
SHAREHOLDERS’ EQUITY		650,464			1,592,596		2,459,071		(4,051,667	)		650,464
Total Liabilities and Shareholders’ Equity	$	1,435,499		$	2,737,057	$	3,772,443	$	(6,156,220	)	$	1,788,779

Condensed Income Statement [Table Text Block]

CONDENSED CONSOLIDATING STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME (LOSS)

($ in thousands)	Parent Company			Guarantor Companies			Non-Guarantor Companies			Elimination			Consolidation
Revenue	$	—		$	396,505		$	127,782		$	(16,600	)	$	507,687
Cost of goods and services		—			305,191			107,555			(15,046	)		397,700
Gross profit		—			91,314			20,227			(1,554	)		109,987
Selling, general and administrative expenses		7,161			68,234			15,833			(1,606	)		89,622
Restructuring and other related charges		—			728			(36	)		—			692
Total operating expenses		7,161			68,962			15,797			(1,606	)		90,314
Income (loss) from operations		(7,161	)		22,352			4,430			52			19,673
Other income (expense)
Interest income (expense), net		(2,885	)		(7,329	)		(2,147	)		—			(12,361	)
Loss from debt extinguishment, net		(38,890	)		—			—			—			(38,890	)
Other, net		15			1,014			(194	)		(52	)		783
Total other income (expense)		(41,760	)		(6,315	)		(2,341	)		(52	)		(50,468	)
Income (loss) before taxes		(48,921	)		16,037			2,089			—			(30,795	)
Provision (benefit) for income taxes		(11,045	)		6,053			22			—			(4,970	)
Income (loss) before equity in net income of subsidiaries		(37,876	)		9,984			2,067			—			(25,825	)
Equity in net income (loss) of subsidiaries		12,051			1,982			9,984			(24,017	)		—
Net income (loss)	$	(25,825	)	$	11,966		$	12,051		$	(24,017	)	$	(25,825	)
Net Income (loss)	$	(25,825	)	$	11,966		$	12,051		$	(24,017	)	$	(25,825	)
Other comprehensive income (loss), net of taxes		170			80			2,073			—			2,323
Comprehensive income (loss)	$	(25,655	)	$	12,046		$	14,124		$	(24,017	)	$	(23,502	)

($ 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			1,546			(1,404	)		(42	)		422
Total other income (expense)		(3,288	)		(5,278	)		(3,879	)		(42	)		(12,487	)
Income (loss) before taxes		(7,109	)		8,891			(4,167	)		—			(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	)		6,141			(4,244	)		—			(819	)
Equity in net income (loss) of subsidiaries		1,897			(4,235	)		6,981			(4,643	)		—
Net income (loss)	$	(819	)	$	1,906		$	2,737		$	(4,643	)	$	(819	)
Net Income (loss)	$	(819	)	$	1,906		$	2,737		$	(4,643	)	$	(819	)
Other comprehensive income (loss), net of taxes		(1,181	)		(1,422	)		(2,661	)		—			(5,264	)
Comprehensive income (loss)	$	(2,000	)	$	484		$	76		$	(4,643	)	$	(6,083	)

	Parent Company			Guarantor Companies			Non-Guarantor Companies			Elimination			Consolidation
Revenue	$	—		$	741,149		$	249,534		$	(29,538	)	$	961,145
Cost of goods and services		—			565,174			206,949			(26,468	)		745,655
Gross profit		—			175,975			42,585			(3,070	)		215,490
Selling, general and administrative expenses		13,491			136,615			30,408			(3,212	)		177,302
Restructuring and other related charges		—			1,492			42			—			1,534
Total operating expenses		13,491			138,107			30,450			(3,212	)		178,836
Income (loss) from operations		(13,491	)		37,868			12,135			142			36,654
Other income (expense)
Interest income (expense), net		(6,490	)		(14,579	)		(4,393	)		—			(25,462	)
Loss from debt extinguishment, net		(38,890	)		—			—			—			(38,890	)
Other, net		127			3,072			(1,368	)		(142	)		1,689
Total other income (expense)		(45,253	)		(11,507	)		(5,761	)		(142	)		(62,663	)
Income (loss) before taxes		(58,744	)		26,361			6,374			—			(26,009	)
Provision (benefit) for income taxes		(15,579	)		11,692			467			—			(3,420	)
Income (loss) before equity in net income of subsidiaries		(43,165	)		14,669			5,907			—			(22,589	)
Equity in net income (loss) of subsidiaries		20,576			5,748			14,669			(40,993	)		—
Net income (loss)	$	(22,589	)	$	20,417		$	20,576		$	(40,993	)	$	(22,589	)
Net Income (loss)	$	(22,589	)	$	20,417		$	20,576		$	(40,993	)	$	(22,589	)
Other comprehensive income (loss), net of taxes		340			1,869			(2,707	)		—			(498	)
Comprehensive income (loss)	$	(22,249	)	$	22,286		$	17,869		$	(40,993	)	$	(23,087	)

	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			3,765			(2,788	)		(424	)		908
Total other income (expense)		(6,867	)		(9,938	)		(7,851	)		(424	)		(25,080	)
Income (loss) before taxes		(18,145	)		23,714			(6,204	)		—			(635	)
Provision (benefit) for income taxes		(9,759	)		8,948			437			—			(374	)
Income (loss) before equity in net income of subsidiaries		(8,386	)		14,766			(6,641	)		—			(261	)
Equity in net income (loss) of subsidiaries		8,125			(6,596	)		14,766			(16,295	)		—
Net income (loss)	$	(261	)	$	8,170		$	8,125		$	(16,295	)	$	(261	)
Net Income (loss)	$	(261	)	$	8,170		$	8,125		$	(16,295	)	$	(261	)
Other comprehensive income (loss), net of taxes		422			3,457			(2,280	)		—			1,599
Comprehensive income (loss)	$	161		$	11,627		$	5,845		$	(16,295	)	$	1,338

Condensed Cash Flow Statement [Table Text Block]

CONDENSED CONSOLIDATING STATEMENTS OF CASH FLOWS

	Parent Company			Guarantor Companies			Non-Guarantor Companies			Elimination			Consolidation
CASH FLOWS FROM OPERATING ACTIVITIES:
Net income (loss)	$	(22,589	)	$	20,417		$	20,576		$	(40,993	)	$	(22,589	)
Net cash provided by (used in) operating activities		(30,836	)		(27,389	)		31,588			—			(26,637	)
CASH FLOWS FROM INVESTING ACTIVITIES:
Acquisition of property, plant and equipment		(618	)		(29,921	)		(4,306	)		—			(34,845	)
Acquired business, net of cash acquired		—			(1,000	)		(21,720	)		—			(22,720	)
Intercompany distributions		10,000			(10,000	)		—			—			—
Proceeds from sale of assets		—			230			64			—			294
Net cash provided by (used in) investing activities		9,382			(40,691	)		(25,962	)		—			(57,271	)
CASH FLOWS FROM FINANCING ACTIVITIES:
Proceeds from issuance of common stock		584			—			—			—			584
Purchase of shares for treasury		(63,370	)		—			—			—			(63,370	)
Proceeds from issuance of long-term debt		629,568			10,939			4,007			—			644,514
Payments of long-term debt		(582,108	)		(12,097	)		7,895			—			(586,310	)
Change in short-term borrowings		—			—			4,908			—			4,908
Financing costs		(10,142	)		—			(545	)		—			(10,687	)
Purchase of ESOP shares		(10,000	)		—			—			—			(10,000	)
Tax effect from exercise/vesting of equity awards, net		273			—			—			—			273
Dividend		(8,290	)		5,000			—			—			(3,290	)
Other, net		144			43,140			(43,140	)		—			144
Net cash provided by (used in) financing activities		(43,341	)		46,982			(26,875	)		—			(23,234	)
CASH FLOWS FROM DISCONTINUED OPERATIONS:
Net cash used in discontinued operations		—			—			(640	)		—			(640	)
Effect of exchange rate changes on cash and equivalents		—			—			(415	)		—			(415	)
NET DECREASE IN CASH AND EQUIVALENTS		(64,795	)		(21,098	)		(22,304	)		—			(108,197	)
CASH AND EQUIVALENTS AT BEGINNING OF PERIOD		68,994			46,357			62,779			—			178,130
CASH AND EQUIVALENTS AT END OF PERIOD	$	4,199		$	25,259		$	40,475		$	—		$	69,933

	Parent Company			Guarantor Companies			Non-Guarantor Companies			Elimination			Consolidation
CASH FLOWS FROM OPERATING ACTIVITIES:
Net income (loss)	$	(261	)	$	8,170		$	8,125		$	(16,295	)	$	(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 assets		—			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 INCREASE (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