Supplemental Balance Sheet Information

3 Months Ended

Jun. 30, 2022

Balance Sheet Related Disclosures [Abstract]

Selected supplemental asset information is presented below.


	June 30,		September 30,
	2022		2021

	(in millions)
Inventories:
Purchased components and raw material	$	154.6	$	100.9
Work in process, net	57.1		41.6
Finished goods, net	39.2		42.2
Total inventories	$	250.9	$	184.7

Other current assets:
Prepaid expenses	$	14.9	$	12.8
Non-trade receivables	11.3		10.7
Maintenance and repair supplies and tooling	1.8		2.9
Income taxes	0.2		0.2
Workers’compensation reimbursement receivable	1.8		0.8
Other current assets	1.4		1.9
Total other current assets	$	31.4	$	29.3

Property, plant and equipment:
Land	$	5.8	$	6.1
Buildings	86.1		84.6
Machinery and equipment	447.8		433.3
Construction in progress	99.2		83.7
Total property, plant and equipment	638.9		607.7
Accumulated depreciation	(345.9)		(324.3)
Property, plant and equipment, net	$	293.0	$	283.4

Other noncurrent assets:
Operating lease right-of-use assets	$	26.5	$	27.1
Maintenance and repair supplies and tooling	21.0		19.3
Workers’ compensation reimbursement receivable	5.3		2.7
Pension asset	20.0		16.8
Note receivable	1.8		1.8
Deferred financing fees	1.1		1.3
Other noncurrent assets	3.8		4.3
Total other noncurrent assets	$	79.5	$	73.3

Selected supplemental liability information is presented below.


	June 30,		September 30,
	2022		2021

	(in millions)
Other current liabilities:
Compensation and benefits	$	38.3	$	44.6
Customer rebates	13.7		19.6
Warranty accrual	5.9		6.7
Deferred revenue	8.2		5.4
Refund liability	6.7		6.0
Taxes other than income taxes	6.1		4.4
Operating lease liabilities	4.2		4.0
Workers’ compensation accrual	3.6		2.6
CARES Act payroll tax liabilities	3.6		3.6
Restructuring liabilities	0.5		3.1
Environmental liabilities	1.2		1.2
Interest payable	0.8		6.2
Income taxes payable	4.8		8.5
Other current liabilities	5.9		11.2
Total other current liabilities	$	103.5	$	127.1

Other noncurrent liabilities:
Operating lease liabilities	$	23.3	$	24.6
Warranty accrual	4.4		3.0
Transition tax liability	4.1		4.7
Uncertain tax position liability	4.9		4.8
NMTC liability	3.9		3.9
Workers’ compensation accrual	10.4		7.9
Asset retirement obligation	3.6		3.6
CARES Act payroll tax liabilities	—		3.6
Deferred development grant	2.5		2.5
Other noncurrent liabilities	3.5		3.4
Total other noncurrent liabilities	$	60.6	$	62.0

Goodwill

Goodwill is tested for impairment at the reporting unit level (operating segment or one level below an operating segment) on an annual basis each September 1st and between annual tests if an event occurs or circumstances change that would more likely than not reduce the fair value of a reporting unit below its carrying value.

The following table summarizes information concerning our goodwill balance in the nine months ended June 30, 2022, in millions.


Balance at September 30, 2021	$	115.1
Acquisition adjustments	0.1
Effects of changes in foreign currency exchange rates	(6.6)
Balance at June 30, 2022	$	108.6