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Income Taxes (Tables)
 12 Months Ended
Sep. 30, 2019
Income Tax Disclosure [Abstract]  
Schedule of Income before Income Tax, Domestic and Foreign
The components of income before income taxes from continuing operations are presented below.
 
2019
 
2018
 
2017
 
(in millions)
U.S.
$
78.4

 
$
97.3

 
$
82.7

Non-U.S.
3.7

 
(1.6
)
 
(4.2
)
Income before income taxes
$
82.1

 
$
95.7

 
$
78.5
Schedule of Components of Income Tax Expense (Benefit) [Table Text Block]
The components of income tax (benefit) expense are presented below.
 
2019
 
2018
 
2017
 
(in millions)
Current:
 
 
 
 
 
U.S. federal
$
11.6

 
$
25.7

 
$
25.4

U.S. state and local
3.9

 
7.1

 
4.0

Non-U.S.
1.5

 
0.6

 
0.5

 
17.0

 
33.4

 
29.9

Deferred:
 
 
 
 
 
U.S. federal
2.5

 
(42.6
)
 
(4.3
)
U.S. state and local
(0.4
)
 
(1.0
)
 
(0.2
)
Non-U.S.
(0.8
)
 
0.3

 
(1.2
)
 
1.3

 
(43.3
)
 
(5.7
)
Income tax (benefit) expense
$
18.3

 
$
(9.9
)
 
$
24.2
Schedule of Disposal Groups, Including Discontinued Operations, Income Statement, Balance Sheet and Additional Disclosures [Table Text Block]
The table below presents a summary of the sale of Anvil, in millions.
Gross cash proceeds
$
305.7

Noncash proceeds
1.9

Total proceeds
307.6

Transaction expenses
(8.3
)
Net proceeds
299.3

Assets and liabilities disposed
(189.8
)
Gain on sale, pre-tax
109.5

Income tax
(41.6
)
Gain on sale, net of tax
$
67.9
Schedule of Effective Income Tax Rate Reconciliation [Table Text Block]
The reconciliation between income tax expense at the U.S. federal statutory income tax rate and reported income tax expense from continuing operations is presented below.
 
2019
 
2018
 
2017
 
(in millions)
Expense at U.S. federal statutory income tax rates of 21%, 24.5% and 35%, respectively
$
17.2

 
$
23.4

 
$
27.5

Adjustments to reconcile to income tax expense:
 
 
 
 
 
State income taxes, net of federal benefit
3.2

 
4.8

 
2.7

Domestic production activities deduction
—

 
(2.4
)
 
(4.5
)
Tax credits
(1.8
)
 
(1.7
)
 
(1.4
)
Nondeductible expenses, other than compensation
1.3

 
0.5

 
0.6

Valuation allowances
1.3

 
0.5

 
0.4

Foreign income taxes
0.1

 
—

 
0.3

Nondeductible compensation
0.3

 
0.2

 
0.5

Excess tax benefits related to stock compensation
(0.3
)
 
(0.6
)
 
(2.1
)
Federal tax rate change
—

 
(42.5
)
 
(0.4
)
Federal transition tax
(0.6
)
 
7.5

 
—

Uncertain tax positions
(1.4
)
 
—

 
—

Basis difference in foreign investment
(1.1
)
 
—

 
—

Other
0.1

 
0.4

 
0.6

Income tax (benefit) expense
$
18.3

 
$
(9.9
)
 
$
24.2
Schedule of Deferred Tax Assets and Liabilities
Deferred income tax balances are presented below.
 
September 30,
 
2019
 
2018
 
(in millions)
Deferred income tax assets:
 
 
 
Inventory reserves
$
11.7

 
$
10.4

Accrued expenses
10.0

 
13.3

Pension
1.7

 
—

Stock-based compensation
2.7

 
3.3

State net operating losses
2.8

 
3.2

Federal credit carryovers
2.8

 
2.1

Other
2.4

 
1.0

 
34.1

 
33.3

Valuation allowance
(2.8
)
 
(1.9
)
Total deferred income tax assets, net of valuation allowance
31.3

 
31.4

Deferred income tax liabilities:
 
 
 
Intangible assets
95.6

 
95.7

Pension
—

 
2.3

Basis difference in foreign investment
4.7

 
—

Other
18.9

 
11.4

Total deferred income tax liabilities
119.2

 
109.4

Net deferred income tax liabilities
$
87.9

 
$
78.0

 
 
 
 
Balance sheet presentation:
 
 
 
Deferred income taxes
$
88.0

 
$
79.2

Less deferred tax assets included in other noncurrent assets
0.1

 
1.2

Net deferred income tax liabilities
$
87.9

 
$
78.0
Summary of Unrecognized Tax Benefits
The following table summarizes information concerning our gross unrecognized tax benefits.
 
2019
 
2018
 
(in millions)
Balance at beginning of year
$
3.3

 
$
3.0

Increases related to prior year positions
2.0

 
0.1

Increases related to current year positions
0.4

 
0.3

Decreases due to lapse in statute of limitations
(2.4
)
 
(0.1
)
Balance at end of year
$
3.3

 
$
3.3