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Segment Information (Tables)
9 Months Ended
Jun. 30, 2020
Segment Reporting [Abstract]  
Summary of Consolidated Net Sales and Earnings by Segment

A summary of consolidated net sales and earnings by segment follows:

 

 

 

Three-Months Ended

 

 

Nine-Months Ended

 

 

 

June 30,

 

 

June 30,

 

 

 

2020

 

 

2019

 

 

2020

 

 

2019

 

Segment external net sales:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Aerospace

 

$

306,494

 

 

$

498,775

 

 

$

1,254,655

 

 

$

1,374,616

 

Industrial

 

 

217,332

 

 

 

253,230

 

 

 

709,746

 

 

 

789,044

 

Total consolidated net sales

 

$

523,826

 

 

$

752,005

 

 

$

1,964,401

 

 

$

2,163,660

 

Segment earnings:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Aerospace

 

$

41,096

 

 

$

103,238

 

 

$

251,645

 

 

$

277,814

 

Industrial

 

 

27,438

 

 

 

26,240

 

 

 

81,640

 

 

 

82,537

 

Nonsegment expenses

 

 

(15,158

)

 

 

(26,714

)

 

 

(94,360

)

 

 

(83,211

)

Interest expense, net

 

 

(8,360

)

 

 

(10,450

)

 

 

(25,162

)

 

 

(33,143

)

Consolidated earnings before income taxes

 

$

45,016

 

 

$

92,314

 

 

$

213,763

 

 

$

243,997

 

Summary of Consolidated Total Assets by Segment

Segment assets consist of accounts receivable, inventories, property, plant, and equipment, net, goodwill, and other intangibles, net.  A summary of consolidated total assets follows:

 

 

 

June 30, 2020

 

 

September 30, 2019

 

Segment assets:

 

 

 

 

 

 

 

 

Aerospace

 

$

1,807,013

 

 

$

1,900,657

 

Industrial

 

 

1,531,655

 

 

 

1,561,441

 

Unallocated corporate property, plant and equipment, net

 

 

104,285

 

 

 

114,887

 

Other unallocated assets

 

 

463,716

 

 

 

379,541

 

Consolidated total assets

 

$

3,906,669

 

 

$

3,956,526