Supplemental Balance Sheet Information

12 Months Ended

Sep. 30, 2020

Balance Sheet Related Disclosures [Abstract]

Selected supplemental asset information is presented below.


	September 30,
	2020		2019
	(in millions)
Inventories:
Purchased components and raw material	$	87.3	$	95.2
Work in process	32.4		43.7
Finished goods	42.8		52.5
	$	162.5	$	191.4
Other current assets:
Prepaid expenses	$	10.9	$	9.6
Non-trade receivables	8.5		6.3
Income taxes	5.5		4.7
Maintenance and repair tooling	3.7		4.2
Other	0.4		1.2
	$	29.0	$	26.0
Property, plant and equipment:
Land	$	6.2	$	5.2
Buildings	80.4		68.9
Machinery and equipment	406.3		362.9
Construction in progress	57.4		48.0
	$	550.3	$	485.0
Accumulated depreciation	(296.5)		(267.9)
	$	253.8	$	217.1
Other noncurrent assets:
Operating lease right of use asset	$	25.6	$	—
Maintenance and repair supplies and tooling	17.5		16.4
Workers compensation reimbursement receivable	2.1		3.1
Note receivable	1.8		1.8
Pension asset	0.9		—
Other	3.4		2.6
	$	51.3	$	23.9

Selected supplemental liability information is presented below.


	September 30,
	2020		2019
	(in millions)
Other current liabilities:
Compensation and benefits	$	35.5	$	28.5
Customer rebates	9.6		8.7
Interest	7.3		7.3
Warranty	7.2		6.5
Deferred revenues	5.6		4.7
Refund liability	4.3		3.3
Operating lease liabilities	4.0		—
Taxes other than income taxes	3.9		3.3
Restructuring and severance	2.8		1.7
Environmental	1.2		1.2
Income taxes	0.2		0.6
Accrued settlements	0.2		0.2
Walter tax liability	—		22.0
Other	4.8		5.0
	$	86.6	$	93.0

Other noncurrent liabilities:
Operating lease liabilities	$	23.3	$	—
Warranty	7.2		10.7
Transition tax	5.2		5.8
Unrecognized income tax benefits	4.5		3.3
Workers compensation	3.8		1.9
Asset retirement obligation	3.5		3.6
CARES Act deferred tax liabilities	3.3		—
Deferred development grant	2.5		—
Pension	—		5.0
Other	3.0		2.9
	$	56.3	$	33.2

CARES Act

On March 27, 2020, the Coronavirus Aid, Relief, and Economic Security Act (“CARES Act”) was signed into law. The CARES Act is a relief package intended to assist in many aspects of the American economy through direct secured loans and deferrals of the employer portion of social security taxes through the end of calendar year 2020, with 50% of the deferral due December 31, 2021 and the remainder due December 31, 2022. For the fiscal year ended, September 30, 2020, we have elected these tax deferrals, which are approximately $3.3 million as shown above.