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Segment Information (Tables)

12 Months Ended

Sep. 30, 2023

Segment Reporting [Abstract]

Schedules of Concentration of Risk, by Risk Factor [Table Text Block]

The Company has two significant customers that comprise greater than 10% of gross sales. One customer comprised 18%, 21%, and 18% of consolidated revenues for the fiscal years ended September 30, 2023, 2022, and 2021, respectively. The Company has outstanding Accounts receivable from this customer of $46.4 million and $52.1 million as of September 30, 2023 and 2022, respectively. Another customer comprised 18%, 20%, and 19% of consolidated revenues for the fiscal years ended September 30, 2023, 2022, and 2021, respectively. The Company has outstanding Accounts receivable from this customer of $37.7 million and $38.6 million as of September 30, 2023 and 2022, respectively. The Company reports revenue for these customers in both reportable segments, Water Flow Solutions and Water Management Solutions.

Schedule of Revenue from External Customers and Long-Lived Assets, by Geographical Areas

Geographical area information is presented below.

			United States						Israel						Other						Total
			(in millions)
Property, plant and equipment, net:
September 30, 2023			$	295.6					$	11.9					$	4.2					$	311.7
September 30, 2022			$	284.9					$	12.6					$	4.1					$	301.6

			Year ended September 30,
			2023						2022						2021
			(in millions)
Water Flow Solutions disaggregated net revenue:
Central			$	176.0					$	190.9					$	155.1
Northeast			130.6						125.3						110.4
Southeast			118.4						154.3						125.7
West			160.9						182.8						172.4
United States			$	585.9					$	653.3					$	563.6
Canada			36.2						55.0						45.7
Other international locations			12.3						5.8						8.5
			$	634.4					$	714.1					$	617.8
Water Management Solutions disaggregated net revenue:
Central			$	169.2					$	142.9					$	125.6
Northeast			151.2						115.1						100.2
Southeast			137.4						109.4						106.5
West			119.0						102.9						99.1
United States			$	576.8					$	470.3					$	431.4
Canada			38.3						39.2						38.1
Other international locations			26.2						23.8						23.7
			$	641.3					$	533.3					$	493.2

Schedule Of Selected Supplemental Balance Sheet Information

Summarized financial information for our segments is presented below.

			Water Flow Solutions						Water Management Solutions						Corporate						Total
			(in millions)
Net revenue:
2023			$	634.4					$	641.3					$	—					$	1,275.7
2022			714.1						533.3						—						1,247.4
2021			$	617.8					$	493.2					$	—					$	1,111.0
Operating income (loss):
2023			$	79.6					$	106.0					$	(58.2)					$	127.4
2022			118.3						48.7						(55.4)						111.6
2021			$	120.9					$	70.3					$	(59.5)					$	131.7
Depreciation and amortization:
2023			$	32.8					$	29.5					$	0.2					$	62.5
2022			30.0						30.3						0.2						60.5
2021			$	30.5					$	28.9					$	0.2					$	59.6
Strategic reorganization and other charges:
2023			$	—					$	1.7					$	8.5					$	10.2
2022			0.2						0.4						6.6						7.2
2021			$	0.1					$	(0.4)					$	8.3					$	8.0
Capital expenditures:
2023			$	33.4					$	14.2					$	—					$	47.6
2022			43.4						11.3						—						54.7
2021			$	51.0					$	11.6					$	0.1					$	62.7
Intangible assets, net and goodwill
September 30, 2023			$	283.8					$	143.9					$	—					$	427.7
September 30, 2022			$	302.6					$	157.2					$	—					$	459.8
Inventories, net:
September 30, 2023			$	173.8					$	124.1					$	—					$	297.9
September 30, 2022			$	160.5					$	118.2					$	—					$	278.7

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- Definition

Tabular disclosure of information concerning material long-lived assets (excluding financial instruments, customer relationships with financial institutions, mortgage and other servicing rights, deferred policy acquisition costs, and deferred taxes assets) located in identified geographic areas and/or the amount of revenue from external customers attributed to that country from which revenue is material. An entity may also provide subtotals of geographic information about groups of countries.

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