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Discontinued Operations, Goodwill, and Intangible Assets (Tables)
3 Months Ended
Dec. 31, 2021
Discontinued Operations, Goodwill, and Intangible Assets  
Summarized results of the discontinued operation, included in the Company's results of operations

The following table represents summarized balance sheet information of assets and liabilities held for sale (in millions):

December 31, 

September 30, 

    

2021

    

2021

Cash and cash equivalents

$

9.0

$

5.6

Receivables and contract assets

 

60.0

 

90.3

Other

 

38.8

 

43.5

Current assets held for sale

$

107.8

$

139.4

Property and equipment, net

$

53.3

$

52.9

Other

 

18.1

 

18.5

Write-down of assets to fair value less cost to sell

(71.4)

(71.4)

Non-current assets held for sale

$

$

Accounts payable and accrued expenses

$

83.7

$

88.5

Contract liabilities

 

 

Other

 

4.9

 

5.5

Current liabilities held for sale

$

88.6

$

94.0

Long-term liabilities held for sale

$

7.6

$

11.1

The following table represents summarized income statement information of discontinued operations (in millions):

Three months ended

December 31, 

December 31, 

    

2021

    

2020

Revenue

$

127.1

$

330.7

Cost of revenue

 

145.3

 

322.9

Gross (loss) profit

 

(18.2)

 

7.8

Equity in earnings of joint ventures

 

(3.4)

 

7.7

Loss on disposal activities

(42.1)

(11.3)

Transaction costs

(2.3)

(10.9)

Impairment of long-lived assets

(95.8)

Loss from operations

 

(66.0)

 

(102.5)

Interest expense

 

(0.1)

 

(0.2)

Loss before taxes

 

(66.1)

 

(102.7)

Income tax benefit

 

(4.1)

 

(46.9)

Net loss from discontinuing operations

$

(62.0)

$

(55.8)

The significant components included in our Consolidated Statement of Cash Flows for the discontinued operations are as follows (in millions):

Three months ended

December 31, 

    

December 31, 

    

2021

2020

Depreciation and amortization:

 

  

 

  

Property and equipment

$

$

Intangible assets and capitalized debt issuance costs

$

$

Payments for capital expenditures

$

(0.9)

$

(3.0)

Schedule of changes in the carrying value of goodwill by reportable segment

Foreign

September 30, 

Exchange

December 31, 

    

2021

    

Impact

    

2021

(in millions)

Americas

$

2,626.4

$

$

2,626.4

International

 

876.1

 

(4.7)

 

871.4

Total

$

3,502.5

$

(4.7)

$

3,497.8

Schedule of finite-lived intangible assets by major class

December 31, 2021

September 30, 2021

Gross

Accumulated

Intangible

Gross

Accumulated

Intangible

Amortization

    

Amount

    

Amortization

    

Assets, Net

    

Amount

    

Amortization

    

Assets, Net

    

Period

(in millions)

(years)

Backlog and customer relationships

$

663.4

$

(613.2)

$

50.2

$

663.4

$

(608.5)

$

54.9

 

1 - 11

Schedule of estimated future amortization expense of intangible assets

Fiscal Year

    

(in millions)

2022 (nine months remaining)

$

13.9

2023

 

18.2

2024

 

17.4

2025

 

0.7

2026

Total

$

50.2