CONSOLIDATING GUARANTOR AND NON-GUARANTOR FINANCIAL INFORMATION (Tables)

3 Months Ended

Dec. 31, 2012

Schedule of Condensed Balance Sheet [Table Text Block]

CONDENSED CONSOLIDATING BALANCE SHEETS (in thousands, except share and per share data):

	Parent Company			Guarantor Companies		Non-Guarantor Companies		Elimination			Consolidation
CURRENT ASSETS
Cash and equivalents	$	88,662		$	18,705	$	42,698	$	—		$	150,065
Accounts receivable, net of allowances		—			198,199		69,987		(30,881	)		237,305
Contract costs and recognized income not yet billed, net of progress payments		—			74,131		448		—			74,579
Inventories, net		—			205,740		62,075		294			268,109
Prepaid and other current assets		(590	)		23,792		24,056		6,324			53,582
Assets of discontinued operations		—			—		571		—			571
Total Current Assets		88,072			520,567		199,835		(24,263	)		784,211
PROPERTY, PLANT AND EQUIPMENT, net		1,125			246,816		109,478		—			357,419
GOODWILL		—			288,147		71,147		—			359,294
INTANGIBLE ASSETS, net		—			163,562		65,012		—			228,574
INTERCOMPANY RECEIVABLE		529,904			878,900		571,294		(1,980,098	)		—
EQUITY INVESTMENTS IN SUBSIDIARIES		2,202,773			547,741		2,690,826		(5,441,340	)		—
OTHER ASSETS		47,913			59,295		8,540		(87,198	)		28,550
ASSETS OF DISCONTINUED OPERATIONS		—			—		2,798		—			2,798
Total Assets	$	2,869,787		$	2,705,028	$	3,718,930	$	(7,532,899	)	$	1,760,846
CURRENT LIABILITIES
Notes payable and current portion of long-term debt	$	1,625		$	1,042	$	16,414	$	—		$	19,081
Accounts payable and accrued liabilities		27,737			148,796		61,709		(24,557	)		213,685
Liabilities of discontinued operations		—			—		2,084		—			2,084
Total Current Liabilities		29,362			149,838		80,207		(24,557	)		234,850
LONG-TERM DEBT, net of debt discounts		655,427			9,819		14,292		—			679,538
INTERCOMPANY PAYABLES		—			802,511		1,148,109		(1,950,620	)		—
OTHER LIABILITIES		67,611			178,501		27,946		(87,198	)		186,860
LIABILITIES OF DISCONTINUED OPERATIONS		—			—		3,395		—			3,395
Total Liabilities		752,400			1,140,669		1,273,949		(2,062,375	)		1,104,643
SHAREHOLDERS’ EQUITY		2,117,387			1,564,359		2,444,981		(5,470,524	)		656,203
Total Liabilities and Shareholders’ Equity	$	2,869,787		$	2,705,028	$	3,718,930	$	(7,532,899	)	$	1,760,846

	Parent Company			Guarantor Companies		Non-Guarantor Companies		Elimination			Consolidation
CURRENT ASSETS
Cash and equivalents	$	125,093		$	34,782	$	49,779	$	—		$	209,654
Accounts receivable, net of allowances		—			187,487		81,274		(28,904	)		239,857
Contract costs and recognized income not yet billed, net of progress payments		—			69,216		1,561		—			70,777
Inventories, net		—			194,618		63,203		47			257,868
Prepaid and other current assets		(851	)		23,929		21,963		2,431			47,472
Assets of discontinued operations		—			—		587		—			587
Total Current Assets		124,242			510,032		218,367		(26,426	)		826,215
PROPERTY, PLANT AND EQUIPMENT, net		1,224			244,261		111,394		—			356,879
GOODWILL		—			288,147		70,225		—			358,372
INTANGIBLE ASSETS, net		—			164,633		65,840		—			230,473
INTERCOMPANY RECEIVABLE		508,984			648,347		542,025		(1,699,356	)		—
EQUITY INVESTMENTS IN SUBSIDIARIES		2,143,427			528,411		2,650,083		(5,321,921	)		—
OTHER ASSETS		49,718			60,609		8,188		(87,198	)		31,317
ASSETS OF DISCONTINUED OPERATIONS		—			—		2,936		—			2,936
Total Assets	$	2,827,595		$	2,444,440	$	3,669,058	$	(7,134,901	)	$	1,806,192
CURRENT LIABILITIES
Notes payable and current portion of long-term debt	$	1,625		$	1,032	$	15,046	$	—		$	17,703
Accounts payable and accrued liabilities		44,649			167,230		66,640		(26,478	)		252,041
Liabilities of discontinued operations		—			—		3,639		—			3,639
Total Current Liabilities		46,274			168,262		85,325		(26,478	)		273,383
LONG-TERM DEBT, net of debt discounts		655,023			9,782		17,102		—			681,907
INTERCOMPANY PAYABLES		—			558,905		1,149,748		(1,708,653	)		—
OTHER LIABILITIES		68,827			183,989		27,489		(87,198	)		193,107
LIABILITIES OF DISCONTINUED OPERATIONS		—			—		3,643		—			3,643
Total Liabilities		770,124			920,938		1,283,307		(1,822,329	)		1,152,040
SHAREHOLDERS’ EQUITY		2,057,471			1,523,502		2,385,751		(5,312,572	)		654,152
Total Liabilities and Shareholders’ Equity	$	2,827,595		$	2,444,440	$	3,669,058	$	(7,134,901	)	$	1,806,192

Schedule of Condensed Income Statement [Table Text Block]

CONDENSED CONSOLIDATING STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME (LOSS) (in thousands, except share and per share data):

	Parent Company			Guarantor Companies			Non-Guarantor Companies			Elimination			Consolidation
Revenue	$	—		$	321,058		$	114,911		$	(12,220	)	$	423,749
Cost of goods and services		—			238,817			98,355			(11,093	)		326,079
Gross profit		—			82,241			16,556			(1,127	)		97,670
Selling, general and administrative expenses		7,456			61,651			14,622			(1,510	)		82,219
Restructuring and other related charges		—			1,108			—			—			1,108
Total operating expenses		7,456			62,759			14,622			(1,510	)		83,327
Income (loss) from operations		(7,456	)		19,482			1,934			383			14,343
Other income (expense)
Interest income (expense), net		(3,611	)		(6,880	)		(2,588	)		—			(13,079	)
Other, net		33			2,300			(1,385	)		(462	)		486
Total other income (expense)		(3,578	)		(4,580	)		(3,973	)		(462	)		(12,593	)
Income (loss) before taxes		(11,034	)		14,902			(2,039	)		(79	)		1,750
Provision (benefit) for income taxes		(5,367	)		6,199			360			—			1,192
Income (loss) before equity in net income of subsidiaries		(5,667	)		8,703			(2,399	)		(79	)		558
Equity in net income (loss) of subsidiaries		6,304			(2,363	)		8,703			(12,644	)		—
Net income (loss)	$	637		$	6,340		$	6,304		$	(12,723	)	$	558
Net Income	$	637		$	6,340		$	6,304		$	(12,723	)	$	558
Other comprehensive income (loss), net of taxes		1,603			4,423			837			—			6,863
Comprehensive income (loss)	$	2,240		$	10,763		$	7,141		$	(12,723	)	$	7,421

	Parent Company			Guarantor Companies			Non-Guarantor Companies			Elimination			Consolidation
Revenue	$	—		$	338,062		$	126,963		$	(13,994	)	$	451,031
Cost of goods and services		—			253,527			109,160			(14,364	)		348,323
Gross profit		—			84,535			17,803			370			102,708
Selling, general and administrative expenses		4,616			63,991			14,551			(92	)		83,066
Restructuring and other related charges		—			1,779			16			—			1,795
Total operating expenses		4,616			65,770			14,567			(92	)		84,861
Income (loss) from operations		(4,616	)		18,765			3,236			462			17,847
Other income (expense)
Interest income (expense), net		(3,398	)		(5,982	)		(3,620	)		—			(13,000	)
Other, net		65			2,842			(2,398	)		(462	)		47
Total other income (expense)		(3,333	)		(3,140	)		(6,018	)		(462	)		(12,953	)
Income (loss) before taxes		(7,949	)		15,625			(2,782	)		—			4,894
Provision (benefit) for income taxes		(4,441	)		6,726			122			—			2,407
Income (loss) before equity in net income of subsidiaries		(3,508	)		8,899			(2,904	)		—			2,487
Equity in net income (loss) of subsidiaries		5,995			(2,840	)		8,899			(12,054	)		—
Net income (loss)	$	2,487		$	6,059		$	5,995		$	(12,054	)	$	2,487
Net Income	$	2,487		$	6,059		$	5,995		$	(12,054	)	$	2,487
Other comprehensive income (loss), net of taxes		238			38,942			(43,228	)		—			(4,048	)
Comprehensive income (loss)	$	2,725		$	45,001		$	(37,233	)	$	(12,054	)	$	(1,561	)

Schedule of Condensed Cash Flow Statement [Table Text Block]

CONDENSED CONSOLIDATING STATEMENTS OF CASH FLOWS (in thousands, except share and per share data):

	Parent Company			Guarantor Companies			Non-Guarantor Companies			Elimination			Consolidation
CASH FLOWS FROM OPERATING ACTIVITIES:
Net income (loss)	$	637		$	6,340		$	6,304		$	(12,723	)	$	558
Net cash provided by (used in) operating activities		(37,574	)		(9,117	)		14,189			—			(32,502	)
CASH FLOWS FROM INVESTING ACTIVITIES:
Acquisition of property, plant and equipment		14			(16,663	)		(639	)		—			(17,288	)
Intercompany distributions		10,000			(10,000	)		—			—			—
Proceeds from sale of investment		—			1,055			—			—			1,055
Net cash provided by (used in) investing activities		10,014			(25,608	)		(639	)		—			(16,233	)
CASH FLOWS FROM FINANCING ACTIVITIES:
Purchase of shares for treasury		(7,336	)		—			—			—			(7,336	)
Proceeds from issuance of long-term debt		—			303			—			—			303
Payments of long-term debt		(406	)		(256	)		(3,400	)		—			(4,062	)
Decrease in short-term borrowings		—			—			1,643			—			1,643
Tax effect from exercise/vesting of equity awards, net		150			—			—			—			150
Dividend		(1,464	)		—			—			—			(1,464	)
Other, net		185			18,601			(18,602	)		—			184
Net cash provided by (used in) financing activities		(8,871	)		18,648			(20,359	)		—			(10,582	)
CASH FLOWS FROM DISCONTINUED OPERATIONS:
Net cash used in operating activities		—			—			(463	)		—			(463	)
Net cash used in discontinued operations		—			—			(463	)		—			(463	)
Effect of exchange rate changes on cash and equivalents		—			—			191			—			191
NET DECREASE IN CASH AND EQUIVALENTS		(36,431	)		(16,077	)		(7,081	)		—			(59,589	)
CASH AND EQUIVALENTS AT BEGINNING OF PERIOD		125,093			34,782			49,779			—			209,654
CASH AND EQUIVALENTS AT END OF PERIOD	$	88,662		$	18,705		$	42,698		$	—		$	150,065

	Parent Company			Guarantor Companies			Non-Guarantor Companies			Elimination			Consolidation
CASH FLOWS FROM OPERATING ACTIVITIES:
Net income (loss)	$	2,487		$	6,059		$	5,995		$	(12,054	)	$	2,487
Net cash provided by (used in) operating activities		(36,903	)		2,275			20,785			—			(13,843	)
CASH FLOWS FROM INVESTING ACTIVITIES:
Acquisition of property, plant and equipment		(66	)		(15,747	)		(4,079	)		—			(19,892	)
Acquired business, net of cash acquired		—			(22,432	)		—			—			(22,432	)
Proceeds from sale of investment		—			21			40			—			61
Net cash used in investing activities		(66	)		(38,158	)		(4,039	)		—			(42,263	)
CASH FLOWS FROM FINANCING ACTIVITIES:
Purchase of shares for treasury		(2,351	)		—			—			—			(2,351	)
Payments of long-term debt		(406	)		(3,604	)		(2,816	)		—			(6,826	)
Intercompany debt		(23,000	)		—			23,000			—			—
Financing costs		(4	)		—			—			—			(4	)
Tax effect from exercise/vesting of equity awards, net		834			—			—			—			834
Dividend		(1,184	)		—			—			—			(1,184	)
Other, net		(14	)		42,667			(42,667	)		—			(14	)
Net cash provided by (used in) financing activities		(26,125	)		39,063			(22,483	)		—			(9,545	)
CASH FLOWS FROM DISCONTINUED OPERATIONS:
Net cash used in discontinued operations		—			—			(277	)		—			(277	)
Effect of exchange rate changes on cash and equivalents		—			—			257			—			257
NET INCREASE (DECREASE) IN CASH AND EQUIVALENTS		(63,094	)		3,180			(5,757	)		—			(65,671	)
CASH AND EQUIVALENTS AT BEGINNING OF PERIOD		178,448			15,164			49,417			—			243,029
CASH AND EQUIVALENTS AT END OF PERIOD	$	115,354		$	18,344		$	43,660		$	—		$	177,358