XML 71 R2.htm IDEA: XBRL DOCUMENT v3.20.1
Condensed Consolidated Statements of Operations - USD ($)
shares in Millions, $ in Millions
3 Months Ended 6 Months Ended
Mar. 31, 2020
Mar. 31, 2019
Mar. 31, 2020
Mar. 31, 2019
Income Statement [Abstract]        
Net sales $ 257.5 $ 216.5 $ 501.5 $ 402.3
Cost of goods sold 169.3 137.5 322.0 257.7
Gross profit 88.2 79.0 179.5 144.6
Selling, general and administrative expenses 47.5 32.6 84.0 59.8
Amortization of intangible assets 5.6 5.6 11.1 11.1
Operating profit 35.1 40.8 84.4 73.7
Interest expense, net 14.3 0.0 25.9 0.0
Earnings before income taxes 20.8 40.8 58.5 73.7
Income tax expense 2.2 9.8 8.1 17.6
Net earnings including redeemable noncontrolling interest 18.6 31.0 50.4 56.1
Less: Net earnings attributable to redeemable noncontrolling interest 14.4 31.0 40.2 56.1
Net earnings available to Class A common stockholders $ 4.2 $ 0.0 $ 10.2 $ 0.0
Earnings per Class A common share, basic (in usd per share) $ 0.11 $ 0 $ 0.26 $ 0
Earnings per Class A common share, diluted (in usd per share) $ 0.11 $ 0 $ 0.26 $ 0
Weighted-Average Class A common shares outstanding, basic (in shares) 39.4 0.0 39.4 0.0
Weighted-Average Class A common shares outstanding, diluted (in shares) 39.5 0.0 39.4 0.0