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CONSOLIDATED STATEMENT OF OPERATIONS AND COMPREHENSIVE INCOME (LOSS) (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Mar. 30, 2018
Mar. 31, 2017
Mar. 30, 2018
Mar. 31, 2017
Income Statement [Abstract]        
Net Sales $ 517,629 $ 509,131 $ 999,674 $ 967,547
Cost of Sales 353,902 331,925 687,611 647,429
Gross Profit 163,727 177,206 312,063 320,118
Expenses        
Selling, general & administrative 102,036 97,924 200,922 193,034
Research, development and engineering 24,725 29,041 50,567 50,747
License fee income (2,268) 0 (5,293) 0
Loss on sale of business 5,310 0 5,310 0
Insurance recovery 0 (5,189) 0 (7,789)
Total Expenses 129,803 121,776 251,506 235,992
Operating Earnings from Continuing Operations 33,924 55,430 60,557 84,126
Interest Income (449) (100) (747) (196)
Interest Expense 8,167 7,458 15,771 15,346
Earnings from Continuing Operations Before Income Taxes 26,206 48,072 45,533 68,976
Income Tax Expense 2,079 13,080 55,868 12,617
Earnings (Loss) from Continuing Operations Including Noncontrolling Interests 24,127 34,992 (10,335) 56,359
Earnings Attributable to Noncontrolling Interests (173) (552) (526) (791)
Earnings (Loss) from Continuing Operations Attributable to Esterline, Net of Tax 23,954 34,440 (10,861) 55,568
Loss from Discontinued Operations Attributable to Esterline, Net of Tax (77) (34) (243) (5,370)
Net Earnings (Loss) Attributable to Esterline $ 23,877 $ 34,406 $ (11,104) $ 50,198
Earnings (Loss) Per Share Attributable to Esterline - Basic:        
Continuing operations $ 0.81 $ 1.16 $ (0.36) $ 1.87
Discontinued operations 0 0 (0.01) (0.18)
Earnings (Loss) Per Share 0.81 1.16 (0.37) 1.69
Earnings (Loss) Per Share Attributable to Esterline - Diluted:        
Continuing operations 0.80 1.15 (0.36) 1.86
Discontinued operations 0 0 (0.01) (0.18)
Earnings (Loss) Per Share $ 0.80 $ 1.15 $ (0.37) $ 1.68
Net Earnings (Loss) $ 23,877 $ 34,406 $ (11,104) $ 50,198
Change in Fair Value of Derivative Financial Instruments (6,813) 5,909 (7,373) (932)
Income Tax Expense (Benefit) (1,824) 1,428 (1,934) (481)
Change in Fair Value of Derivative Financial Instruments, Net of Tax (4,989) 4,481 (5,439) (451)
Change in Pension and Post-Retirement Obligations 1,019 1,063 1,861 3,596
Income Tax Expense 177 260 474 1,252
Change in Pension and Post-Retirement Obligations, Net of Tax 842 803 1,387 2,344
Foreign Currency Translation Adjustment 11,825 16,184 18,179 (36,837)
Comprehensive Income $ 31,555 $ 55,874 $ 3,023 $ 15,254