Segment Information

6 Months Ended

Mar. 31, 2014

Segment Information

Segment Information

Note 13 — Segment Information

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

	Six Months Ended						Three Months Ended
	March 31,						March 31,
	2014			2013			2014			2013
				(As Restated)						(As Restated)
Sales:
Transportation Systems	$	276.1		$	263.6		$	149.0		$	142.4
Mission Support Services	199.9			235.6			100.7			122.2
Defense Systems	185.6			183.9			104.8			103.9
Other	—			0.3			—			0.1
Total sales	$	661.6		$	683.4		$	354.5		$	368.6
Operating income (loss):
Transportation Systems	$	19.9		$	50.5		$	16.8		$	35.3
Mission Support Services	4.2			7.8			1.4			3.6
Defense Systems	12.8			1.5			5.7			—
Unallocated corporate expenses and other	(2.9		)	(1.9		)	(1.7		)	(1.5		)
Total operating income	$	34.0		$	57.9		$	22.2		$	37.4
Depreciation and amortization:
Transportation Systems	$	5.8		$	1.5		$	3.2		$	1.0
Mission Support Services	5.8			6.5			2.6			3.4
Defense Systems	3.2			2.9			1.8			2.1
Other	0.4			0.7			0.2			0.4
Total depreciation and amortization	$	15.2		$	11.6		$	7.8		$	6.9

Changes in estimates on contracts for which revenue is recognized using the cost-to-cost-percentage-of-completion method had no impact to operating profit for the three months ended March 31, 2014 and increased operating profit by $3.5 million for the three months ended March 31, 2013, and increased operating profit by $2.5 million and $4.4 million for the six months ended March 31, 2014 and 2013, respectively.

These adjustments had no impact to net income for the three months ended March 31, 2014 and increased net income by approximately $2.8 million ($0.11 per share) for the three months ended March 31, 2013, and increased net income by $2.5 million ($0.09 per share) and $3.7 million ($0.14 per share) for the six months ended March 31, 2014 and 2013, respectively.