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Segment Information (Tables)
9 Months Ended
Jun. 30, 2021
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

 

 

Nine-Months Ended

 

 

 

June 30,

 

 

June 30,

 

 

 

2021

 

 

2020

 

 

2021

 

 

2020

 

Segment external net sales:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Aerospace

 

$

340,912

 

 

$

306,494

 

 

$

1,027,285

 

 

$

1,254,655

 

Industrial

 

 

215,763

 

 

 

217,332

 

 

 

648,330

 

 

 

709,746

 

Total consolidated net sales

 

$

556,675

 

 

$

523,826

 

 

$

1,675,615

 

 

$

1,964,401

 

Segment earnings:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Aerospace

 

$

53,167

 

 

$

41,096

 

 

$

168,641

 

 

$

251,645

 

Industrial

 

 

27,166

 

 

 

27,438

 

 

 

87,925

 

 

 

81,640

 

Nonsegment expenses

 

 

(13,546

)

 

 

(15,158

)

 

 

(47,331

)

 

 

(94,360

)

Interest expense, net

 

 

(8,089)

 

 

 

(8,360

)

 

 

(24,466

)

 

 

(25,162

)

Consolidated earnings before income taxes

 

$

58,698

 

 

$

45,016

 

 

$

184,769

 

 

$

213,763

 

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, 2021

 

 

September 30, 2020

 

Segment assets:

 

 

 

 

 

 

 

 

Aerospace

 

$

1,711,257

 

 

$

1,752,516

 

Industrial

 

 

1,533,123

 

 

 

1,529,411

 

Unallocated corporate property, plant and equipment, net

 

 

102,576

 

 

 

106,380

 

Other unallocated assets

 

 

741,699

 

 

 

515,029

 

Consolidated total assets

 

$

4,088,655

 

 

$

3,903,336