XML 47 R32.htm IDEA: XBRL DOCUMENT v3.21.2
Summary of Significant Accounting Policies (Tables)
12 Months Ended
Sep. 30, 2021
Accounting Policies [Abstract]  
Property, net
September 30,
20212020
Land and land improvements$0.8 $0.8 
Buildings and leasehold improvements5.5 5.4 
Machinery and equipment12.6 14.2 
Software2.1 1.9 
Construction in progress0.6 0.3 
21.6 22.6 
Accumulated depreciation(12.7)(12.4)
Property, net$8.9 $10.2 
Carrying amount of goodwill
Goodwill, gross$180.7 
Accumulated impairment losses(114.8)
   Goodwill$65.9 
Schedule of finite-lived intangible assets
September 30, 2021September 30, 2020
Carrying
Amount
Accumulated
Amortization
Net
Amount
Carrying
Amount
Accumulated
Amortization
Net
Amount
Customer relationships$178.6 $(75.3)$103.3 $209.4 $(76.9)$132.5 
Trademarks and brands195.1 (75.3)119.8 213.4 (71.6)141.8 
Other intangible assets3.1 (3.1)— 3.1 (3.1)— 
Intangible assets, net$376.8 $(153.7)$223.1 $425.9 $(151.6)$274.3 
Impact from ASC 606 adoption
Year Ended September 30, 2019
As Reported Under ASC Topic 606As Reported Under Prior GuidanceImpact of Adoption
Net Sales$854.4 $863.2 $(8.8)
Cost of goods sold542.6 542.6 — 
Gross Profit311.8 320.6 (8.8)
Selling, general and administrative expenses127.1 135.9 (8.8)
Amortization of intangible assets22.2 22.2 — 
Operating Profit$162.5 $162.5 $—