Company: MWA
Filing Date: 2025-05-06
Form Type: 10-Q
Source: 0001350593-25-000029
Chunk: 29

Company: Mueller Water Products, Inc.
Filing Date: 2025-05-06
Form: 10-Q
Item: Part I, Item 1
Chunk 29
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 its carrying value.The following table summarizes information concerning our goodwill, all of which is within our Water Management Solutions segment, during the six months ended March 31, 2025, in millions: Balance at September 30, 2024:Goodwill$821.1 Accumulated impairment(740.4)Goodwill, net80.7 Activity during the six months ended March 31, 2025:Change in foreign currency exchange rates0.2 Balance at March 31, 2025$80.9 

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Note 8.   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, as well as pressure management and control products and solutions.  Summarized financial information for our segments is presented below:Three months endedSix months endedMarch 31,March 31,2025202420252024 (in millions)Net revenue, excluding intercompany:Water Flow Solutions$216.2 $205.8 $390.8 $347.1 Water Management Solutions148.1 147.6 277.8 262.7 $364.3 $353.4 $668.6 $609.8 Operating income (loss):Water Flow Solutions$54.1 $52.6 $89.4 $79.8 Water Management Solutions31.3 29.0 58.6 44.1 Corporate(15.5)(18.1)(30.7)(37.6)$69.9 $63.5 $117.3 $86.3 Depreciation and amortization:Water Flow Solutions$6.3 $9.8 $12.4 $19.1 Water Management Solutions5.0 6.7 10.0 13.7 Corporate— — — 0.1 $11.3 $16.5 $22.4 $32.9 Strategic reorganization and other charges:Water Flow Solutions$1.0 $— $1.0 $0.2 Water Management Solutions0.1 — 0.4 — Corporate1.3 3.