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Segment Information
3 Months Ended
Dec. 31, 2012
Segment Information  
Segment Information

Note 9 — Segment Information

 

Business segment financial data is as follows (in millions):

 

 

 

Three Months Ended

 

 

 

December 31,

 

 

 

2012

 

2011

 

Sales:

 

 

 

 

 

Transportation Systems

 

$

118.6

 

$

125.8

 

Mission Support Services

 

113.4

 

107.5

 

Defense Systems

 

81.2

 

83.3

 

Other

 

0.2

 

0.2

 

Total sales

 

$

313.4

 

$

316.8

 

 

 

 

 

 

 

Operating income (loss):

 

 

 

 

 

Transportation Systems

 

$

13.2

 

$

17.9

 

Mission Support Services

 

4.2

 

4.5

 

Defense Systems

 

1.2

 

6.0

 

Unallocated corporate expenses and other

 

(0.4

)

(0.6

)

Total operating income

 

$

18.2

 

$

27.8

 

 

 

 

 

 

 

Depreciation and amortization:

 

 

 

 

 

Transportation Systems

 

$

0.5

 

$

0.9

 

Mission Support Services

 

3.1

 

3.5

 

Defense Systems

 

0.8

 

1.2

 

Other

 

0.3

 

0.2

 

Total depreciation and amortization

 

$

4.7

 

$

5.8

 

 

Changes in estimates on contracts for which revenue is recognized using the cost-to-cost percentage-of-completion method had no significant impact on operating profit in the three months ended December 31, 2012, but increased operating profit by $1.2 million in the three months ended December 31, 2011. These adjustments increased net income by $0.9 million ($0.03 per share) in the three months ended December 31, 2011.