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Segment Information (Tables)
6 Months Ended
Mar. 31, 2024
Segment Reporting [Abstract]  
Summary of Consolidated Net Sales and Earnings by Segment

A summary of consolidated net sales and earnings by segment follows:

 

 

Three Months Ended March 31,

 

 

Six Months Ended March 31,

 

 

 

2024

 

 

2023

 

 

2024

 

 

2023

 

Segment external net sales:

 

 

 

 

 

 

 

 

 

 

 

 

Aerospace

 

$

497,512

 

 

$

437,017

 

 

$

958,268

 

 

$

832,702

 

Industrial

 

 

337,831

 

 

 

281,197

 

 

 

663,805

 

 

 

504,131

 

Total consolidated net sales

 

$

835,343

 

 

$

718,214

 

 

$

1,622,073

 

 

$

1,336,833

 

Segment earnings:

 

 

 

 

 

 

 

 

 

 

 

 

Aerospace

 

$

98,451

 

 

$

73,314

 

 

$

177,453

 

 

$

128,748

 

Industrial

 

 

65,244

 

 

 

37,571

 

 

 

132,125

 

 

 

48,973

 

Nonsegment expenses

 

 

(32,834

)

 

 

(58,307

)

 

 

(59,034

)

 

 

(82,618

)

Interest expense, net

 

 

(10,237

)

 

 

(12,337

)

 

 

(20,200

)

 

 

(23,113

)

Consolidated earnings before income taxes

 

$

120,624

 

 

$

40,241

 

 

$

230,344

 

 

$

71,990

 

Summary of Consolidated Total Assets by Segment

Segment assets consist of accounts receivable, inventories, property, plant, and equipment, net, goodwill, and other intangibles, net. A summary of consolidated total assets by segment follows:

 

 

March 31, 2024

 

 

September 30, 2023

 

Segment assets:

 

 

 

 

 

 

Aerospace

 

$

1,890,089

 

 

$

1,829,410

 

Industrial

 

 

1,563,424

 

 

 

1,490,341

 

Unallocated corporate property, plant, and equipment, net

 

 

120,202

 

 

 

104,962

 

Other unallocated assets

 

 

792,544

 

 

 

585,490

 

Consolidated total assets

 

$

4,366,259

 

 

$

4,010,203