XML 67 R46.htm IDEA: XBRL DOCUMENT
v3.6.0.2

Income Taxes (Tables) | 12 Months Ended
--- | ---
Sep. 30, 2016
Income Tax Disclosure [Abstract] |
Schedule of Components of Income Tax Expense (Benefit) [Table Text Block] | Income tax expense (benefit) for the years ended September 30, 2016, 2015, and 2014 was allocated as follows:
| Year Ended September 30,
(in millions) | 2016 |  | 2015 |  | 2014
Income tax expense attributable to income from continuing operations | $ | 18.0 |  |  | $ | 22.4 |  |  | $ | 6.4 |
Income tax (benefit) expense attributable to loss from discontinued operations | — |  |  | — |  |  | (0.2 | )
Taxes allocated to stockholders’ equity, related to unrealized gains (losses) on available-for-sale securities | — |  |  | (0.4 | ) |  | 0.1 |
Taxes allocated to stockholders’ equity, related to pension liabilities | 0.2 |  |  | (0.8 | ) |  | (0.5 | )
Taxes allocated to additional paid-in capital, related to share-based compensation | (0.8 | ) |  | (0.5 | ) |  | 0.1 |
Total income tax expense | $ | 17.4 |  |  | $ | 20.7 |  |  | $ | 5.9 |
The components of the provision for income taxes attributable to income from continuing operations were as follows:
| Year Ended September 30,
(in millions) | 2016 |  | 2015 |  | 2014
Current taxes: |  |  |  |  |
U.S. federal | $ | 1.3 |  |  | $ | 0.8 |  |  | $ | 0.5 |
U.S. State and local | 0.8 |  |  | 1.2 |  |  | — |
International | 16.8 |  |  | 15.4 |  |  | 11.6 |
Total current taxes | 18.9 |  |  | 17.4 |  |  | 12.1 |
Deferred taxes | (0.8 | ) |  | 5.0 |  |  | (5.7 | )
Income tax benefit attributable to interest income | $ | (0.1 | ) |  | $ | — |  |  | $ | — |
Income tax expense | $ | 18.0 |  |  | $ | 22.4 |  |  | $ | 6.4 |
Schedule of Income before Income Tax, Domestic and Foreign [Table Text Block] | U.S. and international components of (loss) income from continuing operations, before income taxes, was as follows:
| Year Ended September 30,
(in millions) | 2016 |  | 2015 |  | 2014
U.S. | $ | 4.9 |  |  | $ | 14.5 |  |  | $ | (13.0 | )
International | 67.9 |  |  | 63.7 |  |  | 39.0 |
Income from continuing operations, before tax | $ | 72.8 |  |  | $ | 78.2 |  |  | $ | 26.0 |
Schedule of Effective Income Tax Rate Reconciliation [Table Text Block] | Items accounting for the difference between income taxes computed at the federal statutory rate and the provision for income taxes were as follows:
| Year Ended September 30,
| 2016 |  | 2015 |  | 2014
Federal statutory rate effect of: | 35.0 | % |  | 35.0 | % |  | 35.0 | %
U.S. State and local income taxes | 1.3 | % |  | 1.8 | % |  | — | %
Foreign earnings taxed at lower rates | (9.3 | )% |  | (10.1 | )% |  | (14.7 | )%
Change in foreign valuation allowance | (0.3 | )% |  | (0.1 | )% |  | 1.9 | %
Change in state valuation allowance | — | % |  | 0.6 | % |  | (0.2 | )%
Uncertain tax positions | — | % |  | — | % |  | (0.5 | )%
U.S. permanent items | 0.8 | % |  | 0.5 | % |  | 1.9 | %
Foreign permanent items | 0.2 | % |  | 1.1 | % |  | 7.0 | %
U.S. bargain purchase gain | (3.0 | )% |  | — | % |  | — | %
Other reconciling items | 0.3 | % |  | (0.1 | )% |  | (5.7 | )%
Effective rate | 25.0 | % |  | 28.7 | % |  | 24.7 | %
Schedule of Deferred Tax Assets and Liabilities [Table Text Block] | The components of deferred income tax assets and liabilities were as follows:
(in millions) | September 30, 2016 |  | September 30, 2015
Deferred tax assets: |  |  |  |  |
Share-based compensation | $ | 4.3 |  |  | $ | 3.2 |
Pension liability | 1.9 |  |  | 2.7 |
Deferred compensation | 2.0 |  |  | 2.3 |
Foreign net operating loss carryforwards | 2.0 |  |  | 2.3 |
U.S. State and local net operating loss carryforwards | 4.9 |  |  | 4.3 |
U.S. federal net operating loss carryforwards | 12.4 |  |  | 8.6 |
Intangible assets | 8.3 |  |  | 4.6 |
Capital loss carryforwards | — |  |  | 0.2 |
Bad debt reserve | 1.6 |  |  | 2.4 |
Tax Credit Carryforwards | 1.4 |  |  | 1.0 |
Other compensation | 3.3 |  |  | 1.9 |
Other | 1.8 |  |  | 1.3 |
Total gross deferred tax assets | 43.9 |  |  | 34.8 |
Less valuation allowance | (3.6 | ) |  | (3.2 | )
Deferred tax assets | 40.3 |  |  | 31.6 |
Deferred income tax liabilities: |  |  |
Unrealized gain on securities | 1.3 |  |  | 1.0 |
Prepaid expenses | 1.9 |  |  | 1.1 |
Fixed assets | 2.6 |  |  | 1.3 |
Deferred income tax liabilities | 5.8 |  |  | 3.4 |
Deferred income taxes, net | $ | 34.5 |  |  | $ | 28.2 |
Summary of Income Tax Contingencies [Table Text Block] | A reconciliation of the beginning and ending amount of unrecognized tax benefits is as follows:
| Year Ended September 30,
(in millions) | 2016 |  | 2015 |  | 2014
Balance, beginning of year | $ | — |  |  | $ | — |  |  | $ | 0.1 |
Gross increases for tax positions related to current year | — |  |  | — |  |  | — |
Gross increases for tax positions related to prior years | 0.1 |  |  | — |  |  | — |
Gross decreases for tax positions of prior years | — |  |  | — |  |  | (0.1 | )
Settlements | — |  |  | — |  |  | — |
Lapse of statute of limitations | — |  |  | — |  |  | — |
Balance, end of year | $ | 0.1 |  |  | $ | — |  |  | $ | — |

X
- References No definition available. + Details
Name: | us-gaap_IncomeTaxDisclosureAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the components of income tax expense attributable to continuing operations for each year presented including, but not limited to: current tax expense (benefit), deferred tax expense (benefit), investment tax credits, government grants, the benefits of operating loss carryforwards, tax expense that results from allocating certain tax benefits either directly to contributed capital or to reduce goodwill or other noncurrent intangible assets of an acquired entity, adjustments of a deferred tax liability or asset for enacted changes in tax laws or rates or a change in the tax status of the entity, and adjustments of the beginning-of-the-year balances of a valuation allowance because of a change in circumstances that causes a change in judgment about the realizability of the related deferred tax asset in future years. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 740 -SubTopic 10 -Section 50 -Paragraph 9 -URI http://asc.fasb.org/extlink&oid=6907707&loc=d3e32639-109319 + Details
Name: | us-gaap_ScheduleOfComponentsOfIncomeTaxExpenseBenefitTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the components of net deferred tax asset or liability recognized in an entity's statement of financial position, including the following: the total of all deferred tax liabilities, the total of all deferred tax assets, the total valuation allowance recognized for deferred tax assets. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 740 -SubTopic 10 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=6907707&loc=d3e32537-109319 + Details
Name: | us-gaap_ScheduleOfDeferredTaxAssetsAndLiabilitiesTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the reconciliation using percentage or dollar amounts of the reported amount of income tax expense attributable to continuing operations for the year to the amount of income tax expense that would result from applying domestic federal statutory tax rates to pretax income from continuing operations. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 740 -SubTopic 10 -Section 50 -Paragraph 12 -URI http://asc.fasb.org/extlink&oid=6907707&loc=d3e32687-109319 + Details
Name: | us-gaap_ScheduleOfEffectiveIncomeTaxRateReconciliationTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of income before income tax between domestic and foreign jurisdictions. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 235 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.4-08.(h)(1)(i)) -URI http://asc.fasb.org/extlink&oid=26873400&loc=d3e23780-122690 + Details
Name: | us-gaap_ScheduleOfIncomeBeforeIncomeTaxDomesticAndForeignTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of tax positions taken in the tax returns filed or to be filed for which it is more likely than not that the tax position will not be sustained upon examination by taxing authorities (i.e., uncertain tax positions) and other types of income tax contingencies, including: (1) the policy on classification of interest and penalties; (2) a tabular reconciliation of the total amounts of unrecognized tax benefits at the beginning and end of the period; the total amount(s) of: (3) unrecognized tax benefits that, if recognized, would affect the effective tax rate, and (4) interest and penalties recognized in each of the income statement and balance sheet; (5) for positions for which it is reasonably possible that the total amounts unrecognized will significantly change within 12 months of the reporting date the: (i) nature of the uncertainty, (ii) nature of the event that could occur that would cause the change, and (iii) an estimate of the range of the reasonably possible change or a statement that an estimate of the range cannot be made; and (6) a description of tax years that remain subject to examination by major tax jurisdictions. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 740 -SubTopic 10 -Section 50 -Paragraph 15 -URI http://asc.fasb.org/extlink&oid=6907707&loc=d3e32718-109319 + Details
Name: | us-gaap_SummaryOfIncomeTaxContingenciesTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration