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Segment Information (Tables)
9 Months Ended
Jun. 30, 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 June 30,

 

 

Nine Months Ended June 30,

 

 

 

2024

 

 

2023

 

 

2024

 

 

2023

 

Segment external net sales:

 

 

 

 

 

 

 

 

 

 

 

 

Aerospace

 

$

517,560

 

 

$

480,531

 

 

$

1,475,828

 

 

$

1,313,233

 

Industrial

 

 

330,128

 

 

 

320,132

 

 

 

993,933

 

 

 

824,263

 

Total consolidated net sales

 

$

847,688

 

 

$

800,663

 

 

$

2,469,761

 

 

$

2,137,496

 

Segment earnings:

 

 

 

 

 

 

 

 

 

 

 

 

Aerospace

 

$

101,842

 

 

$

83,075

 

 

$

279,295

 

 

$

211,823

 

Industrial

 

 

59,717

 

 

 

58,197

 

 

 

191,842

 

 

 

107,170

 

Nonsegment expenses

 

 

(29,675

)

 

 

(23,875

)

 

 

(88,709

)

 

 

(106,493

)

Interest expense, net

 

 

(9,788

)

 

 

(11,659

)

 

 

(29,988

)

 

 

(34,772

)

Consolidated earnings before income taxes

 

$

122,096

 

 

$

105,738

 

 

$

352,440

 

 

$

177,728

 

 

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:

 

 

June 30, 2024

 

 

September 30, 2023

 

Segment assets:

 

 

 

 

 

 

Aerospace

 

$

1,913,483

 

 

$

1,829,410

 

Industrial

 

 

1,487,143

 

 

 

1,490,341

 

Unallocated corporate property, plant, and equipment, net

 

 

119,330

 

 

 

104,962

 

Other unallocated assets

 

 

800,353

 

 

 

585,490

 

Consolidated total assets

 

$

4,320,309

 

 

$

4,010,203