XML 156 R141.htm IDEA: XBRL DOCUMENT v3.22.4
Business Segment Information - Schedule of Income (Loss) from Continuing Operations by Product Lines and Reportable Segments (Details) - USD ($)
$ in Millions
3 Months Ended 12 Months Ended
Dec. 31, 2022
[1]
Sep. 30, 2022
[2]
Jun. 30, 2022
Mar. 31, 2022
[3]
Dec. 31, 2021
Sep. 30, 2021
[4]
Jun. 30, 2021
[5]
Mar. 31, 2021
[6]
Dec. 31, 2020
[7]
Dec. 31, 2022
Sep. 30, 2021
Sep. 30, 2020
Operating income (loss):                        
Operating income (loss) $ 147.0 $ 117.2 $ 76.3 $ 31.8 $ 41.6 $ 134.4 $ 213.3 $ 145.3 $ 99.1 $ 372.3 $ 592.1 $ 484.8
Interest expense, net of interest income [8]         (11.8)         (43.9) (44.7) (51.8)
Miscellaneous other (expense) income [9]         (5.6)         (52.8) (2.1) 2.2
Income before income taxes and earnings (losses) of unconsolidated affiliates         24.2         275.6 545.3 435.2
Operating Segments | Access Equipment                        
Operating income (loss):                        
Operating income (loss) [10]         38.2         313.2 278.2 198.2
Operating Segments | Defense                        
Operating income (loss):                        
Operating income (loss) [11]         16.0         46.2 200.7 186.2
Operating Segments | Fire & Emergency                        
Operating income (loss):                        
Operating income (loss)         15.9         94.9 178.9 147.1
Operating Segments | Commercial                        
Operating income (loss):                        
Operating income (loss) [12]         2.4         59.5 81.7 79.0
Corporate, Non-segment                        
Operating income (loss):                        
Operating income (loss)         $ (30.9)         $ (141.5) $ (147.4) $ (125.7)
[1] The fourth quarter of fiscal 2022 was impacted by a $5.6 million ($4.3 million after-tax) intangible asset impairment charge in the Defense segment and a $33.6 million ($25.7 million after-tax) pension settlement charge.
[2] The third quarter of fiscal 2022 was impacted by expense of $4.6 million to eliminate cumulative translation adjustments upon liquidation of foreign entities in the Access Equipment segment and a $2.1 million intangible asset impairment charge in the Commercial segment.
[3] The first quarter of fiscal 2022 was impacted by tax expense of $18.1 million for anti-hybrid tax on prior period income.
[4] The fourth quarter of the year ended September 30, 2021 was impacted by a tax benefit of $11.7 million for the revaluation of deferred tax liabilities and a tax benefit of $5.4 million for net operating loss carrybacks.
[5] The third quarter of the year ended September 30, 2021 was impacted a tax benefit of $69.9 million for net operating loss carrybacks and $1.3 million ($1.4 million after-tax) of restructuring-related costs in the Access Equipment segment.
[6] The second quarter of the year ended September 30, 2021 was impacted by $2.2 million ($2.5 million after-tax) of restructuring-related costs in the Access Equipment segment.
[7] The first quarter of the year ended September 30, 2021 was impacted by $8.0 million ($7.8 million after-tax) of restructuring-related costs in the Access Equipment segment.
[8] Results for the year ended September 30, 2020 include $8.5 million in debt extinguishment costs and $3.3 million of interest income from an arbitration settlement in the Defense segment.
[9] Results for fiscal 2022 include a $33.6 million charge from the settlement of a frozen pension plan. Results for the year ended September 30, 2020 include a $6.2 million gain from insurance proceeds in excess of property loss in the Commercial segment.
[10] Results for fiscal 2022 include expense of $4.6 million to eliminate cumulative translation adjustments upon liquidation of foreign entities and $2.2 million of restructuring costs. Results for the year ended September 30, 2021 include $3.1 million of restructuring costs and $7.4 million operating expenses related to restructuring plans. Results for the year ended September 30, 2020 include $10.4 million of restructuring costs and $4.7 million operating expenses related to restructuring plans.
[11] Results for fiscal 2022 include a $5.6 million intangible asset impairment charge.
[12] Results for fiscal 2022 include a $2.1 million intangible asset impairment charge. Results for the year ended September 30, 2020 include $1.5 million of restructuring costs, $4.1 million of accelerated depreciation related to restructuring actions, a gain of $12.3 million arising from a business interruption insurance recovery and a gain on the sale of a business of $3.1 million.