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New Accounting Standards (Tables)
12 Months Ended
Sep. 30, 2019
New Accounting Standards  
Schedule of Impact of Retrospectively Applying New Accounting Standards to Condensed Consolidated Statement of Earnings

Year Ended September 30, 2018

Year Ended September 30, 2017

As previously reported

Adjustment

As recast

As previously reported

Adjustment

As recast

Net sales

$

2,325,873 

$

-

$

2,325,873 

$

2,098,685 

$

-

$

2,098,685 

Costs and expenses:

Cost of goods sold

1,719,675 

3,127 

1,722,802 

1,526,126 

1,442 

1,527,568 

Selling, general, and administrative expenses

192,757 

979 

193,736 

176,633 

689 

177,322 

Research and development costs

148,279 

-

148,279 

126,519 

-

126,519 

Restructuring charges

17,013 

-

17,013 

-

-

-

Interest expense

31,770 

8,695 

40,465 

27,430 

8,209 

35,639 

Interest income

(1,674)

-

(1,674)

(1,725)

-

(1,725)

Other (income) expense, net

(1,525)

(12,801)

(14,326)

(9,045)

(10,340)

(19,385)

Total costs and expenses

2,106,295 

-

2,106,295 

1,845,938 

-

1,845,938 

Earnings before income taxes

219,578 

-

219,578 

252,747 

-

252,747 

Income tax expense

39,200 

-

39,200 

52,240 

-

52,240 

Net earnings

$

180,378 

$

-

$

180,378 

$

200,507 

$

-

$

200,507