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Segment Information
6 Months Ended
Mar. 31, 2024
Segment Reporting, Measurement Disclosures [Abstract]  
Segment Reporting Disclosure [Text Block] Segment Information
We have two reportable segments, Water Flow Solutions and Water Management Solutions. Water Flow Solutions’ portfolio includes iron gate valves, specialty valves and service brass products. Water Management Solutions’ portfolio includes fire hydrants, repair and installation, natural gas, metering, leak detection, and pressure management and control products and solutions. Summarized financial information for our segments is presented below:

Three months endedSix months ended
March 31,March 31,
2024202320242023
 (in millions)
Net revenue, excluding intercompany:
Water Flow Solutions$205.8 $157.2 $347.1 $322.8 
Water Management Solutions147.6 175.7 262.7 324.9 
$353.4 $332.9 $609.8 $647.7 
Operating income (loss):
Water Flow Solutions$52.6 $15.2 $79.8 $39.4 
Water Management Solutions29.0 31.7 44.1 51.3 
Corporate(18.1)(14.0)(37.6)(23.8)
$63.5 $32.9 $86.3 $66.9 
Depreciation and amortization:
Water Flow Solutions$9.8 $7.8 $19.1 $15.5 
Water Management Solutions6.7 7.7 13.7 14.7 
Corporate— — 0.1 0.1 
$16.5 $15.5 $32.9 $30.3 
Strategic reorganization and other charges (benefits):
Water Flow Solutions$— $— $0.2 $— 
Water Management Solutions— 0.2 — 0.2 
Corporate3.2 0.5 9.6 (3.2)
$3.2 $0.7 $9.8 $(3.0)
Capital expenditures:
Water Flow Solutions$6.0 $7.8 $9.9 $15.6 
Water Management Solutions4.1 2.8 5.9 4.9 
Corporate— — — — 
$10.1 $10.6 $15.8 $20.5 
Water Flow Solutions disaggregated revenue:
Central$55.0 $44.0 $93.5 $88.0 
Northeast37.4 30.4 65.7 61.7 
Southeast53.2 28.6 90.3 62.0 
West48.3 36.4 78.9 85.6 
United States193.9 139.4 328.4 297.3 
Canada9.3 15.0 14.1 19.4 
Other international locations2.6 2.8 4.6 6.1 
$205.8 $157.2 $347.1 $322.8 
Water Management Solutions disaggregated revenue:
Central$41.4 $44.3 $70.6 $85.8 
Northeast32.7 40.6 59.5 71.8 
Southeast37.1 39.4 65.5 72.7 
West23.8 32.7 43.8 61.8 
United States135.0 157.0 239.4 292.1 
Canada7.4 12.6 13.1 19.9 
Other international locations5.2 6.1 10.2 12.9 
$147.6 $175.7 $262.7 $324.9