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Segment Information (Tables)
6 Months Ended
Mar. 31, 2022
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,

 

 

 

2022

 

 

2021

 

 

2022

 

 

2021

 

Segment external net sales:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Aerospace

 

$

372,757

 

 

$

364,706

 

 

$

709,192

 

 

$

686,373

 

Industrial

 

 

214,082

 

 

 

216,615

 

 

 

419,233

 

 

 

432,567

 

Total consolidated net sales

 

$

586,839

 

 

$

581,321

 

 

$

1,128,425

 

 

$

1,118,940

 

Segment earnings:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Aerospace

 

$

59,809

 

 

$

69,008

 

 

$

110,892

 

 

$

115,474

 

Industrial

 

 

17,234

 

 

 

27,871

 

 

 

40,927

 

 

 

60,759

 

Nonsegment expenses

 

 

(15,250

)

 

 

(10,426

)

 

 

(44,615

)

 

 

(33,785

)

Interest expense, net

 

 

(7,697

)

 

 

(7,966

)

 

 

(15,362

)

 

 

(16,377

)

Consolidated earnings before income taxes

 

$

54,096

 

 

$

78,487

 

 

$

91,842

 

 

$

126,071

 

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, 2022

 

 

September 30, 2021

 

Segment assets:

 

 

 

 

 

 

 

 

Aerospace

 

$

1,740,309

 

 

$

1,698,833

 

Industrial

 

 

1,456,062

 

 

 

1,453,423

 

Unallocated corporate property, plant and equipment, net

 

 

105,989

 

 

 

106,014

 

Other unallocated assets

 

 

588,184

 

 

 

832,734

 

Consolidated total assets

 

$

3,890,544

 

 

$

4,091,004