Business Segment Information (Tables)

12 Months Ended

Sep. 30, 2018

Schedule of business segment financial data

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


	Year Ended
	September 30,
	2018		2017		2016
Sales:
Cubic Transportation Systems	$	670.7	$	578.6	$	586.4
Cubic Global Defense		325.2		360.2		374.7
Cubic Mission Solutions		207.0		168.9		109.5
Total sales	$	1,202.9	$	1,107.7	$	1,070.6

Operating income (loss):
Cubic Transportation Systems	$	60.4	$	39.8	$	57.5
Cubic Global Defense		16.6		28.1		19.9
Cubic Mission Solutions		(0.1)		(9.3)		(37.0)
Unallocated corporate expenses		(52.5)		(56.0)		(52.0)
Total operating income (loss)	$	24.4	$	2.6	$	(11.6)

Assets:
Cubic Transportation Systems	$	390.2	$	335.1	$	338.2
Cubic Global Defense		360.1		280.1		211.8
Cubic Mission Solutions		352.9		390.5		404.4
Corporate		201.7		156.4		364.8
Discontinued Operations		—		174.2		185.5
Total assets	$	1,304.9	$	1,336.3	$	1,504.7

Depreciation and amortization:
Cubic Transportation Systems	$	12.0	$	8.8	$	8.2
Cubic Global Defense		8.5		10.4		7.5
Cubic Mission Solutions		22.4		23.8		21.2
Corporate		3.7		5.0		3.4
Total depreciation and amortization	$	46.6	$	48.0	$	40.3

Capital expenditures:
Cubic Transportation Systems	$	3.2	$	6.9	$	2.2
Cubic Global Defense		9.4		5.9		6.8
Cubic Mission Solutions		2.1		1.7		2.1
Corporate		17.0		22.4		21.0
Total expenditures for long-lived assets	$	31.7	$	36.9	$	32.1

Schedule of sales by geographic area


Years ended September 30,	2018		2017		2016

Geographic Information:
Sales (a):
United States	$	627.8	$	522.8	$	471.6
United Kingdom		240.7		219.4		243.0
Canada		42.3		31.5		44.6
Australia		166.7		175.6		154.0
Middle East		36.3		64.8		71.0
Far East		50.1		47.9		40.0
Other		39.0		45.7		46.4
Total sales	$	1,202.9	$	1,107.7	$	1,070.6

(a)

Sales are attributed to countries or regions based on the location of customers.

Schedule of long-lived assets by country


Years ended September 30,	2018		2017		2016
Long-lived assets, net:
United States	$	106.7	$	100.6	$	83.9
United Kingdom		5.7		11.7		9.4
Other foreign countries		12.0		7.3		5.3
Total long-lived assets, net	$	124.4	$	119.6	$	98.6

Schedule of restructuring charges (reversals) incurred by business segment

Restructuring charges incurred by business segment were as follows (in millions):


	Year Ended
	September 30,
	2018		2017		2016

Restructuring costs:
Cubic Transportation Systems	$	0.4	$	0.4	$	1.0
Cubic Global Defense		1.3		0.9		0.3
Cubic Mission Solutions		0.2		—		—
Unallocated corporate expenses and other		3.1		1.0		—
Total restructuring costs	$	5.0	$	2.3	$	1.3

Summary of the activity relating to the restructuring liability and employee separation expenses

A summary of the activity relating to the restructuring liability and employee separation expenses, which is included within accrued compensation and other current liabilities within our Consolidated Balance Sheet, is as follows (in thousands):


	Employee Separation
Balance as of October 1, 2016	$	553
Accrued costs		2,260
Cash payments		(1,838)
Balance as of September 30, 2017		975
Accrued costs		5,018
Cash payments		(5,058)
Balance as of September 30, 2018	$	935