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Segment Information (Tables)

12 Months Ended

Sep. 30, 2019

Segment, Reporting Information [Line Items]

Summary of Consolidated Net Sales and Earnings by Segment



	Year Ended September 30,
	2019		2018		2017
Segment external net sales:
Aerospace	$	1,880,520	$	1,557,988	$	1,342,339
Industrial		1,019,677		767,885		756,346
Total consolidated net sales	$	2,900,197	$	2,325,873	$	2,098,685
Segment earnings:
Aerospace ⁽²⁾	$	389,126	$	308,553	$	264,362
Industrial ⁽²⁾		93,521		49,894		80,659
Nonsegment expenses ⁽¹⁾⁽²⁾		(119,447)		(100,078)		(58,359)
Interest Expense, net ⁽²⁾		(42,588)		(38,791)		(33,915)
Consolidated earnings before income taxes	$	320,612	$	219,578	$	252,747

(1)Nonsegment expenses for the fiscal year ended September 30, 2018 includes restructuring charges of $17,013. See Note 15, Accrued liabilities for further details.

(2)Segment earnings includes the impact of retrospectively applying ASU 2017-07. See Note 2, New Accounting Standards for further details.

Summary of Consolidated Total Assets, Depreciation and Amortization, and Capital Expenditures by Segment



	Year Ended September 30,
	2019		2018		2017
Segment assets:
Aerospace	$	1,900,657	$	1,805,892	$	1,722,789
Industrial		1,561,441		1,642,462		695,264
Unallocated corporate property, plant and equipment, net		114,887		102,083		104,755
Other unallocated assets		379,541		240,212		234,301
Consolidated total assets	$	3,956,526	$	3,790,649	$	2,757,109

Segment depreciation and amortization:
Aerospace	$	60,710	$	54,828	$	47,277
Industrial		71,173		51,695		24,421
Unallocated corporate amounts		10,121		9,608		9,219
Consolidated depreciation and amortization	$	142,004	$	116,131	$	80,917

Segment capital expenditures:
Aerospace	$	56,525	$	98,358	$	62,812
Industrial		30,195		17,109		12,189
Unallocated corporate amounts		12,346		11,673		17,335
Consolidated capital expenditures	$	99,066	$	127,140	$	92,336

External Net Sales by Geographical Area



	Year Ended September 30,
	2018		2017
United States	$	1,350,708	$	1,211,902
Germany		230,834		173,180
Europe, excluding Germany		323,109		305,545
Asia		283,031		288,252
Other countries		138,191		119,806
Consolidated net sales	$	2,325,873	$	2,098,685

Property, Plant, and Equipment - Net by Geographical Area



	At September 30,
	2019		2018
United States	$	926,370	$	922,734
Germany		107,975		111,595
Other countries		24,430		25,676
Consolidated property, plant and equipment, net	$	1,058,775	$	1,060,005

U.S. Government Related [Member]

Segment, Reporting Information [Line Items]

U.S. Government Related Sales by Segment



	Direct U.S. Government Sales		Indirect U.S. Government Sales		Total U.S. Government Related Sales
Fiscal year ended September 30, 2019
Aerospace	$	118,334	$	545,306	$	663,640
Industrial		4,491		13,810		18,301
Total net external sales	$	122,825	$	559,116	$	681,941
Percentage of total net sales		4%		19%		23%

Fiscal year ended September 30, 2018
Aerospace	$	84,252	$	429,386	$	513,638
Industrial		2,547		8,658		11,205
Total net external sales	$	86,799	$	438,044	$	524,843
Percentage of total net sales		4%		19%		23%

Fiscal year ended September 30, 2017
Aerospace	$	106,685	$	362,536	$	469,221
Industrial		3,726		10,814		14,540
Total net external sales	$	110,411	$	373,350	$	483,761
Percentage of total net sales		5%		18%		23%