Interim Reporting

12 Months Ended

Sep. 30, 2023

Quarterly Financial Information Disclosure [Abstract]

Quarterly Financial Information

Quarterly Financial Information (Unaudited)

The following tables present selected unaudited financial data for each of the eight quarters in the two-year period ended September 30, 2023, which have been updated to reflect the revisions discussed in Note 1 of Notes to Consolidated Financial Statements.

Fiscal 2023	Q1		Q2		Q3		Q4
Net sales	$	469.1	$	598.4	$	650.0	$	534.1
Gross profit	189.6		242.3		280.3		228.6
Net earnings	12.4		19.4		53.0		29.9
Earnings per share:
Basic earnings per share (1)	0.24		0.38		1.04		0.59
Diluted earnings per share (1)	0.24		0.37		1.02		0.58

(1) Quarterly and annual computations are prepared independently. Therefore, the sum of each quarter may not necessarily total the fiscal period amounts noted elsewhere within this Annual Report on Form 10-K.

Fiscal 2022	Q1		Q2		Q3		Q4
Net sales	$	463.3	$	547.7	$	623.8	$	536.9
Gross profit	190.2		230.4		240.9		219.0
Net earnings	11.5		23.5		30.8		33.7
Earnings per share:
Basic earnings per share (1)	0.21		0.43		0.59		0.65
Diluted earnings per share (1)	0.20		0.43		0.58		0.64

(1) Quarterly and annual computations are prepared independently. Therefore, the sum of each quarter may not necessarily total the fiscal period amounts noted elsewhere within this Annual Report on Form 10-K.

The impact of the revision on the previously reported unaudited quarterly financial data is as follows:

	Three Months Ended June 30, 2023
	As Previously Reported		Adjustment		As Revised
Net sales	$	650.0	$	—	$	650.0
Gross profit	279.7		0.6		280.3
Net earnings	52.5		0.5		53.0
Earnings per share:
Basic net earnings per share	$	1.03	$	0.01	$	1.04
Dilutive net earnings per share	1.01		0.01		1.02

	Three Months Ended March 31, 2023
	As Previously Reported		Adjustment		As Revised
Net sales	$	598.4	$	—	$	598.4
Gross profit	241.7		0.6		242.3
Net earnings	19.0		0.4		19.4
Earnings per share:
Basic net earnings per share	$	0.37	$	0.01	$	0.38
Dilutive net earnings per share	0.37		—		0.37

	Three Months Ended December 31, 2022
	As Previously Reported		Adjustment		As Revised
Net sales	$	469.1	$	—	$	469.1
Gross profit	189.0		0.6		189.6
Net earnings	11.9		$	0.5	12.4
Earnings per share:
Basic net earnings per share	$	0.23	$	0.01	$	0.24
Dilutive net earnings per share	0.23		0.01		0.24

	Three Months Ended September 30, 2022
	As Previously Reported		Adjustment		As Revised
Net sales	$	536.9	$	—	$	536.9
Gross profit	218.8		0.2		219.0
Net earnings	33.7		—		33.7
Earnings per share:
Basic net earnings per share	$	0.65	$	—	$	0.65
Dilutive net earnings per share	0.64		—		0.64

	Three Months Ended June 30, 2022
	As Previously Reported		Adjustment		As Revised
Net sales	$	623.8	$	—	$	623.8
Gross profit	240.6		0.3		240.9
Net earnings	30.5		0.3		30.8
Earnings per share:
Basic net earnings per share	$	0.58	$	0.01	$	0.59
Dilutive net earnings per share	0.57		0.01		0.58

	Three Months Ended March 31, 2022
	As Previously Reported		Adjustment		As Revised
Net sales	$	547.7	$	—	$	547.7
Gross profit	230.1		0.3		230.4
Net earnings	23.2		0.3		23.5
Earnings per share:
Basic net earnings per share	$	0.43	$	—	$	0.43
Dilutive net earnings per share	0.43		—		0.43

	Three Months Ended December 31, 2021
	As Previously Reported		Adjustment		As Revised
Net sales	$	463.3	$	—	$	463.3
Gross profit	189.9		0.3		190.2
Net earnings	11.2		0.3		11.5
Earnings per share:
Basic net earnings per share	$	0.21	$	—	$	0.21
Dilutive net earnings per share	0.20		—		0.20