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Document and Entity Information - shares	6 Months Ended
Document and Entity Information - shares	Mar. 29, 2014	Apr. 26, 2014
Document Information [Line Items]
Document Type	10-Q
Amendment Flag	false
Document Period End Date	Mar. 29, 2014
Document Fiscal Year Focus	2014
Document Fiscal Period Focus	Q2
Trading Symbol	TDG
Entity Registrant Name	TRANSDIGM GROUP INC
Entity Central Index Key	0001260221
Current Fiscal Year End Date	--09-30
Entity Filer Category	Large Accelerated Filer
Entity Common Stock, Shares Outstanding		52,924,861

Condensed Consolidated Balance Sheets - USD ($) $ in Thousands	Mar. 29, 2014	Sep. 30, 2013
CURRENT ASSETS:
Cash and cash equivalents	$ 475,691	$ 564,740
Trade accounts receivable - Net	342,379	290,449
Inventories - Net	458,463	413,581
Deferred income taxes	28,607	30,182
Prepaid expenses and other	22,877	21,543
Total current assets	1,328,017	1,320,495
PROPERTY, PLANT AND EQUIPMENT - Net	208,713	208,964
GOODWILL	3,531,184	3,343,907
TRADEMARKS AND TRADE NAMES	512,241	485,690
OTHER INTANGIBLE ASSETS - Net	735,839	703,800
DEBT ISSUE COSTS - Net	66,925	72,668
OTHER	16,419	13,355
TOTAL ASSETS	6,399,338	6,148,879
CURRENT LIABILITIES:
Current portion of long-term debt	31,045	31,045
Accounts payable	95,150	106,768
Accrued liabilities	226,283	184,687
Total current liabilities	352,478	322,500
LONG-TERM DEBT	5,692,432	5,700,193
DEFERRED INCOME TAXES	403,988	384,301
OTHER NON-CURRENT LIABILITIES	76,069	78,266
Total liabilities	6,524,967	6,485,260
STOCKHOLDERS' (DEFICIT) EQUITY:
Common stock - $.01 par value; authorized 224,400,000 shares; issued 53,387,216 and 53,172,551 at March 29, 2014 and September 30, 2013, respectively	534	532
Additional paid-in capital	722,445	689,935
Accumulated deficit	(831,889)	(1,004,244)
Accumulated other comprehensive loss	(631)	(6,516)
Treasury stock, at cost; 505,400 shares at March 29, 2014 and September 30, 2013, respectively	(16,088)	(16,088)
Total stockholders' (deficit) equity	(125,629)	(336,381)
TOTAL LIABILITIES AND STOCKHOLDERS' (DEFICIT) EQUITY	$ 6,399,338	$ 6,148,879

Condensed Consolidated Balance Sheets (Parenthetical) - $ / shares	Mar. 29, 2014	Sep. 30, 2013
Common stock, par value	$ 0.01	$ 0.01
Common stock, shares authorized	224,400,000	224,400,000
Common stock, shares issued	53,387,216	53,172,551
Treasury stock, shares	505,400	505,400

Condensed Consolidated Statements Of Income - USD ($) shares in Thousands, $ in Thousands	3 Months Ended		6 Months Ended
	Mar. 29, 2014	Mar. 30, 2013	Mar. 29, 2014	Mar. 30, 2013
NET SALES	$ 590,761	$ 465,609	$ 1,120,083	$ 896,027
COST OF SALES	283,179	206,299	528,365	398,170
GROSS PROFIT	307,582	259,310	591,718	497,857
SELLING AND ADMINISTRATIVE EXPENSES	71,488	55,463	128,615	110,624
AMORTIZATION OF INTANGIBLE ASSETS	17,600	9,735	33,983	20,275
INCOME FROM OPERATIONS	218,494	194,112	429,120	366,958
INTEREST EXPENSE - Net	82,289	64,094	163,142	126,970
REFINANCING COSTS		30,281		30,281
INCOME BEFORE INCOME TAXES	136,205	99,737	265,978	209,707
INCOME TAX PROVISION	45,850	31,800	89,500	67,600
NET INCOME	90,355	67,937	176,478	142,107
NET INCOME APPLICABLE TO COMMON STOCK	$ 84,869	$ 67,937	$ 166,853	$ 103,977
Net earnings per share - see Note 4:
Basic and diluted	$ 1.49	$ 1.25	$ 2.93	$ 1.91
Cash dividends paid per common share				$ 12.85
Weighted-average shares outstanding:
Basic and diluted	57,068	54,453	57,030	54,453

Condensed Consolidated Statements Of Comprehensive Income - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Mar. 29, 2014	Mar. 30, 2013	Mar. 29, 2014	Mar. 30, 2013
Net income	$ 90,355	$ 67,937	$ 176,478	$ 142,107
Other comprehensive income (loss), net of tax:
Foreign currency translation adjustments	3,481	(8,995)	6,128	(6,943)
Interest rate swap agreements, net of tax	(4,307)	(330)	(243)	(330)
Other				(214)
Other comprehensive income (loss), net of tax	(826)	(9,325)	5,885	(7,487)
TOTAL COMPREHENSIVE INCOME	$ 89,529	$ 58,612	$ 182,363	$ 134,620

- Definition

The portion of profit or loss for the period, net of income taxes, which is attributable to the parent.

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+ Details

Condensed Consolidated Statement Of Changes In Stockholders' (Deficit) Equity - 6 months ended Mar. 29, 2014 - USD ($) $ in Thousands	Total	Common Stock	Additional Paid-In Capital	Accumulated Deficit	Accumulated Other Comprehensive Income (Loss)	Treasury Stock
BEGINNING BALANCE (in shares) at Sep. 30, 2013	53,172,551	53,172,551				(505,400)
BEGINNING BALANCE at Sep. 30, 2013	$ (336,381)	$ 532	$ 689,935	$ (1,004,244)	$ (6,516)	$ (16,088)
Dividends paid	(1,777)			(1,777)
Unvested dividend equivalents	(2,346)			(2,346)
Compensation expense recognized for employee stock options	12,333		12,333
Excess tax benefits related to share-based payment arrangements	10,698		10,698
Exercise of employee stock options (in shares)		214,333
Exercise of employee stock options	9,422	$ 2	9,420
Common stock issued (in shares)		332
Common stock issued	59		59
Net income	176,478			176,478
Interest rate swaps, net of tax	(243)				(243)
Foreign currency translation adjustments	$ 6,128				6,128
ENDING BALANCE (in shares) at Mar. 29, 2014	53,387,216	53,387,216				(505,400)
ENDING BALANCE at Mar. 29, 2014	$ (125,629)	$ 534	$ 722,445	$ (831,889)	$ (631)	$ (16,088)

Condensed Consolidated Statements Of Cash Flows - USD ($) $ in Thousands	6 Months Ended
	Mar. 29, 2014	Mar. 30, 2013
OPERATING ACTIVITIES:
Net income	$ 176,478	$ 142,107
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation	15,630	13,407
Amortization of intangible assets	34,090	20,366
Amortization of debt issue costs	6,430	6,966
Net gain on sale of real estate	(804)
REFINANCING COSTS		30,281
Non-cash equity compensation	12,333	14,262
Excess tax benefits related to share-based payment arrangements	(10,698)	(40,044)
Deferred income taxes	(6,130)	5,482
Changes in assets/liabilities, net of effects from acquisitions of businesses:
Trade accounts receivable	(13,377)	(6,344)
Inventories	(4,880)	(18,226)
Income taxes receivable/payable	9,371	25,183
Other assets	3,255	2,776
Accounts payable	(23,412)	(1,825)
Accrued and other liabilities	22,202	2,898
Net cash provided by operating activities	220,488	197,289
INVESTING ACTIVITIES:
Capital expenditures	(17,709)	(16,316)
Cash proceeds from sale of real estate	16,380
Acquisition of businesses, net of cash acquired	(311,016)	(8,367)
Cash proceeds from sale of investment		10,500
Net cash used in investing activities	(312,345)	(14,183)
FINANCING ACTIVITIES:
Excess tax benefits related to share-based payment arrangements	10,698	40,044
Proceeds from exercise of stock options	9,422	12,919
Dividends paid	(9,625)	(702,406)
Proceeds from 2013 credit facility - net		2,191,127
Repayment on 2013 credit facility	(7,761)	(5,500)
Proceeds from 2011 credit facility - net		147,360
Repayment on 2011 credit facility		(2,169,125)
Proceeds from senior subordinated notes due 2020 - net		542,000
Other	(78)
Net cash provided by (used in) financing activities	2,656	56,419
EFFECT OF EXCHANGE RATE CHANGES ON CASH AND CASH EQUIVALENTS	152	(25)
NET (DECREASE) INCREASE IN CASH AND CASH EQUIVALENTS	(89,049)	239,500
CASH AND CASH EQUIVALENTS, BEGINNING OF PERIOD	564,740	440,524
CASH AND CASH EQUIVALENTS, END OF PERIOD	475,691	680,024
SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION:
Cash paid during the period for interest	127,162	108,390
Cash paid during the period for income taxes	$ 84,438	$ 37,124

Description of the Business

6 Months Ended

Mar. 29, 2014

Description of the Business

1.	DESCRIPTION OF THE BUSINESS

Description of the Business – TransDigm Group Incorporated (“TD Group”), through its wholly-owned subsidiary, TransDigm Inc., is a leading global designer, producer and supplier of highly engineered aircraft components for use on nearly all commercial and military aircraft in service today. TransDigm Inc. along with TransDigm Inc.’s direct and indirect wholly-owned operating subsidiaries (collectively, with TD Group, the “Company” or “TransDigm”), offers a broad range of proprietary aerospace components. TD Group has no significant assets or operations other than its 100% ownership of TransDigm Inc. TD Group’s common stock is listed on The New York Stock Exchange, or the NYSE, under the trading symbol “TDG.”

Major product offerings, substantially all of which are ultimately provided to end-users in the aerospace industry, include mechanical/electro-mechanical actuators and controls, ignition systems and engine technology, specialized pumps and valves, power conditioning devices, specialized AC/DC electric motors and generators, NiCad batteries and chargers, engineered latching and locking devices, rods and locking devices, engineered connectors and elastomers, cockpit security components and systems, specialized cockpit displays, aircraft audio systems, specialized lavatory components, seatbelts and safety restraints, engineered interior surfaces, lighting and control technology and military personnel parachutes and cargo delivery systems.

Separate Financial Statements – Separate financial statements of TransDigm Inc. are not presented because TransDigm Inc.’s 7³/₄% Senior Subordinated Notes due 2018, 5¹/₂% Senior Subordinated Notes due 2020 and 7¹/₂% Senior Subordinated Notes due 2021 are fully and unconditionally guaranteed on a senior subordinated basis by TD Group and all existing 100% owned domestic subsidiaries of TransDigm Inc. and because TD Group has no significant operations or assets separate from its investment in TransDigm Inc.

Unaudited Interim Financial Information

6 Months Ended

Mar. 29, 2014

Unaudited Interim Financial Information

2.	UNAUDITED INTERIM FINANCIAL INFORMATION

The financial information included herein is unaudited; however, the information reflects all adjustments (consisting solely of normal recurring adjustments) that are, in the opinion of management, necessary for a fair presentation of the Company’s financial position and results of operations and cash flows for the interim periods presented. These financial statements and notes should be read in conjunction with the financial statements and related notes for the year ended September 30, 2013 included in TD Group’s Form 10-K dated November 15, 2013. As disclosed therein, the Company’s annual consolidated financial statements were prepared in conformity with generally accepted accounting principles in the United States (“GAAP”). The September 30, 2013 condensed consolidated balance sheet was derived from TD Group’s audited financial statements. The results of operations for the twenty-six week period ended March 29, 2014 are not necessarily indicative of the results to be expected for the full year.

- Definition

The entire disclosure for organization, consolidation and basis of presentation of financial statements disclosure.

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+ Details

Acquisitions

6 Months Ended

Mar. 29, 2014

Acquisitions

3.	ACQUISITIONS

Elektro-Metall Export GmbH – On March 6, 2014, TransDigm Germany GmbH, a newly formed subsidiary of TransDigm Inc., acquired Elektro-Metall Export GmbH (“EME”) for approximately $49.5 million, which comprises $40.3 million in cash plus the assumption of approximately $9.2 million of net indebtedness. EME manufactures proprietary, highly engineered aerospace electromechanical actuators, electrical and electromechanical components and assemblies for commercial aircraft, helicopters and other specialty applications. These products fit well with TransDigm’s overall business direction. EME is included in TransDigm’s Power & Control segment. The Company expects that the approximately $21.4 million of goodwill recognized for the acquisition will not be deductible for tax purposes.

Airborne Global Inc. – On December 19, 2013, TransDigm Inc. acquired all of the outstanding stock of Airborne Global Inc. (“Airborne”) for approximately $263.8 million in cash, which comprises the $250 million contract price plus estimated cash and working capital at closing and which is subject to adjustments based on the actual level of cash and working capital as of the closing date of the acquisition. Airborne is the industry leading designer and manufacturer of personnel parachutes, cargo aerial delivery systems, emergency escape systems, naval decoys and other related products. These products fit well with TransDigm’s overall business direction. Airborne is included in TransDigm’s Airframe segment. The Company expects that the approximately $157.1 million of goodwill recognized for the acquisition will not be deductible for tax purposes.

Whippany Actuation Systems, LLC – On June 28, 2013, Whippany Actuation Systems, LLC, a newly formed subsidiary of TransDigm Inc., acquired assets from GE Aviation’s Electromechanical Actuation Division (“Whippany Actuation”) for approximately $151.5 million in cash, which includes a purchase price adjustment of $2.7 million paid in the first quarter of fiscal 2014. Whippany Actuation manufactures proprietary, highly engineered aerospace electromechanical motion control subsystems for civil and military applications with product offerings including control electronics, motors, high power mechanical transmissions and actuators. These products fit well with TransDigm’s overall business direction. Whippany is included in TransDigm’s Power & Control segment. The Company expects that the approximately $103.9 million of goodwill recognized for the acquisition will be deductible for tax purposes.

Arkwin Industries, Inc. – On June 5, 2013, TransDigm Inc. acquired all of the outstanding stock of Arkwin Industries, Inc. (“Arkwin”), for approximately $285.7 million in cash, which includes a purchase price adjustment of $0.2 million received in the fourth quarter of fiscal 2013. Arkwin manufactures proprietary, highly engineered aerospace hydraulic and fuel system components for commercial and military aircraft, helicopters and other specialty applications. These products fit well with TransDigm’s overall business direction. Arkwin is included in TransDigm’s Power & Control segment. The Company expects that the approximately $185.1 million of goodwill recognized for the acquisition will not be deductible for tax purposes.

Aerosonic Corporation – On June 5, 2013, Buccaneer Acquisition Sub Inc., a newly formed subsidiary of TransDigm Inc., completed the tender offer of a majority of the outstanding stock of Aerosonic Corporation (“Aerosonic”). Buccaneer Acquisition Sub Inc. was subsequently merged into Aerosonic on June 10, 2013; in connection therewith, all outstanding shares of Aerosonic were cancelled and Aerosonic became a wholly owned subsidiary of TransDigm Inc. The aggregate price paid in the tender offer and merger was approximately $39.8 million in cash. Aerosonic designs and manufactures proprietary, highly engineered mechanical and digital altimeters, airspeed indicators, rate of climb indicators, microprocessor controlled air data test sets, angle of attack stall warning systems, integrated air data sensors and other aircraft sensors, monitoring systems and flight instrumentation for use on commercial and military aircraft. These products fit well with TransDigm’s overall business direction. Aerosonic is included in TransDigm’s Airframe segment. The Company expects that the approximately $14.7 million of goodwill recognized for the acquisition will not be deductible for tax purposes.

The Company accounted for the acquisitions using the acquisition method and included the results of operations of the acquisitions in its consolidated financial statements from the effective date of each acquisition. The Company is in the process of obtaining a third-party valuation of certain tangible and intangible assets of EME, Airborne, Whippany Actuation, Arkwin and Aerosonic; therefore, the values attributed to those acquired assets in the consolidated financial statements are subject to adjustment. Pro forma net sales and results of operations for the acquisitions had they occurred at the beginning of the applicable twenty-six week periods ended March 29, 2014 or March 30, 2013 are not significant and, accordingly, are not provided.

The acquisitions strengthen and expand the Company’s position to design, produce and supply highly-engineered proprietary aerospace components in niche markets with significant aftermarket content and provide opportunities to create value through the application of our three core value-driven operating strategies (obtaining profitable new business, improving our cost structure, and providing highly engineered value-added products to customers). The purchase price paid for each acquisition reflects the current earnings before interest, taxes, depreciation and amortization (EBITDA) and cash flows, as well as, the future EBITDA and cash flows expected to be generated by the business, which are driven in most cases by the recurring aftermarket consumption over the life of a particular aircraft, estimated to be approximately 30 years.

- Definition

The entire disclosure for a business combination (or series of individually immaterial business combinations) completed during the period, including background, timing, and recognized assets and liabilities. The disclosure may include leverage buyout transactions (as applicable).

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+ Details

Earnings Per Share (Two-Class Method)

6 Months Ended

Mar. 29, 2014

Earnings Per Share (Two-Class Method)

4.	EARNINGS PER SHARE (TWO-CLASS METHOD)

The following table sets forth the computation of basic and diluted earnings per share (in thousands, except per share data):


	Thirteen Week Periods Ended					Twenty-Six Week Periods Ended
	March 29, 2014			March 30, 2013		March 29, 2014			March 30, 2013
Numerator for earnings per share:
Net income	$	90,355		$	67,937	$	176,478		$	142,107
Less dividends paid on participating securities		(5,486	)		—		(9,625	)		(38,130	)

Net income applicable to common stock - basic and diluted	$	84,869		$	67,937	$	166,853		$	103,977


Denominator for basic and diluted earnings per share under the two-class method:
Weighted average common shares outstanding		52,803			52,204		52,745			52,001
Vested options deemed participating securities		4,265			2,249		4,285			2,452


Total shares for basic and diluted earnings per share		57,068			54,453		57,030			54,453


Basic and diluted earnings per share	$	1.49		$	1.25	$	2.93		$	1.91

Inventories

6 Months Ended

Mar. 29, 2014

Inventories

5.	INVENTORIES

Inventories are stated at the lower of cost or market. Cost of inventories is determined by the average cost and the first-in, first-out (FIFO) methods for all locations except CEF Industries LLC, which determines the cost of inventories using the last-in, first-out (LIFO) method. Less than 5% of the inventory was valued under the LIFO method at March 29, 2014.

Inventories consist of the following (in thousands):


	March 29, 2014			September 30, 2013
Raw materials and purchased component parts	$	300,306		$	274,510
Work-in-progress		142,148			124,765
Finished Goods		67,066			58,052

Total		509,520			457,327
Reserves for excess and obsolete inventory and LIFO		(51,057	)		(43,746	)

Inventories - net	$	458,463		$	413,581

Intangible Assets

6 Months Ended

Mar. 29, 2014

Intangible Assets

6.	INTANGIBLE ASSETS

Intangible assets subject to amortization consist of the following (in thousands):


	March 29, 2014						September 30, 2013
	Gross Carrying Amount		Accumulated Amortization		Net		Gross Carrying Amount		Accumulated Amortization		Net
Technology	$	856,401	$	164,610	$	691,791	$	801,010	$	143,196	$	657,814
Order backlog		25,497		14,748		10,749		19,255		7,936		11,319
Other		43,289		9,990		33,299		43,427		8,760		34,667

Total	$	925,187	$	189,348	$	735,839	$	863,692	$	159,892	$	703,800

Intangible assets acquired during the twenty-six week period ended March 29, 2014 were as follows (in thousands):


	Cost		Amortization Period
Intangible assets not subject to amortization:
Goodwill	$	178,524
Trademarks and trade names		26,847

		205,371

Intangible assets subject to amortization:
Technology		54,463		20 years
Order backlog		9,348		1 year

		63,811		17.2 years

Total	$	269,182

The aggregate amortization expense on identifiable intangible assets for the twenty-six week periods ended March 29, 2014 and March 30, 2013 was approximately $34.0 million and $20.3 million, respectively. The estimated amortization expense is $63.9 million for fiscal 2014, $47.1 million for fiscal 2015 and $44.4 million for each of the four succeeding years 2016 through 2019.

The following is a summary of changes in the carrying value of goodwill by segment from September 30, 2013 through March 29, 2014 (in thousands):


	Power & Control		Airframe		Non-aviation		Total
Balance, September 30, 2013	$	1,566,926	$	1,721,901	$	55,080	$	3,343,907
Goodwill acquired during the year		21,413		157,111		—		178,524
Purchase price allocation adjustments		4,153		698		289		5,140
Other		13		3,600		—		3,613

Balance, March 29, 2014	$	1,592,505	$	1,883,310	$	55,369	$	3,531,184

Income Taxes

6 Months Ended

Mar. 29, 2014

Income Taxes

7.	INCOME TAXES

At the end of each reporting period, TD Group makes an estimate of its annual effective income tax rate. The estimate used in the year-to-date period may change in subsequent periods. During the thirteen week periods ended March 29, 2014 and March 30, 2013, the effective income tax rate was 33.7% and 31.9%, respectively. The Company’s effective tax rate for these periods was less than the Federal statutory tax rate due primarily to the domestic manufacturing deduction. The lower effective tax rate for the thirteen week period ended March 30, 2013 was primarily due to the non-recurring retroactive reinstatement of the research and development tax credit. During the twenty-six week periods ended March 29, 2014 and March 30, 2013, the effective income tax rate was 33.6% and 32.2%, respectively. The Company’s effective tax rate for these periods was less than the Federal statutory tax rate due primarily to the domestic manufacturing deduction. The decrease in the effective tax rate for the twenty-six week period ended March 30, 2013 was primarily due to the retroactive reinstatement of the research and development tax credit.

The Company and its subsidiaries file income tax returns in the U.S. federal jurisdiction, various state and local jurisdictions as well as foreign jurisdictions located in Belgium, China, France, Germany, Hungary, Malaysia, Mexico, Singapore, Sri Lanka and the United Kingdom. The Company is no longer subject to U.S. federal examinations for years before fiscal 2011. AmSafe is subject to U.S. federal examinations for the 2008, 2009, 2010 and 2011 years. In addition, the Company is subject to state income tax examinations for fiscal years 2009 and later.

At March 29, 2014 and September 30, 2013, TD Group had $6.1 million and $6.1 million in unrecognized tax benefits, the recognition of which would have an effect of approximately $5.7 million and $5.7 million on the effective tax rate at March 29, 2014 and September 30, 2013, respectively. The Company does not believe that the tax positions that comprise the unrecognized tax benefit amount will change significantly over the next 12 months. The Company recognizes accrued interest and penalties related to unrecognized tax benefits in income tax expense.

Fair Value Measurements

6 Months Ended

Mar. 29, 2014

Fair Value Measurements

8.	FAIR VALUE MEASUREMENTS

The following tables present our assets and liabilities that are measured at fair value on a recurring basis and are categorized using the fair value hierarchy. The fair value hierarchy has three levels based on the reliability of the inputs used to determine fair value. Level 1 inputs are quoted prices (unadjusted) in active markets for identical assets or liabilities. Level 2 inputs are quoted prices for similar assets and liabilities in active markets, quoted prices for identical or similar assets or liabilities in markets that are not active, and inputs (other than quoted prices) that are observable for the asset or liability, either directly or indirectly. Level 3 inputs are unobservable inputs for the asset or liability. A financial asset or liability’s classification within the hierarchy is determined based on the lowest level input that is significant to the fair value measurement.

The following summarizes the carrying amounts and fair values of financial instruments (in thousands):


			March 29, 2014				September 30, 2013
	Level		Carrying Amount		Fair Value		Carrying Amount		Fair Value
Assets:
Cash and cash equivalents		1	$	475,691	$	475,691	$	564,740	$	564,740
Liabilities:
Interest rate swap agreements ⁽¹⁾		2		6,200		6,200		6,950		6,950
Interest rate swap agreements ⁽²⁾		2		10,600		10,600		7,550		7,550
Long-term debt:
Term loans		2		3,073,477		3,075,000		3,081,238		3,065,000
7 3/4% Senior Subordinated Notes due 2018		1		1,600,000		1,708,000		1,600,000		1,708,000
5 1/2% Senior Subordinated Notes due 2020		1		550,000		558,000		550,000		540,000
7 1/2% Senior Subordinated Notes due 2021		1		500,000		550,000		500,000		536,000

(1)	Included in Accrued liabilities on the Condensed Consolidated Balance Sheet.

(2)	Included in Other non-current liabilities on the Condensed Consolidated Balance Sheet.

Interest rate swaps were measured at fair value using quoted market prices for the swap interest rate indexes over the term of the swap discounted to present value versus the fixed rate of the contract. The estimated fair value of the Company’s term loans was based on information provided by the agent under the Company’s senior secured credit facility. The estimated fair values of the Company’s 2018 Notes, 2020 Notes and 2021 Notes were based upon quoted market prices.

Derivatives and Hedging Activities

6 Months Ended

Mar. 29, 2014

Derivatives and Hedging Activities

9.	DERIVATIVES AND HEDGING ACTIVITIES

The Company is exposed to, among other things, the impact of changes in interest rates in the normal course of business. The Company’s risk management program is designed to manage the exposure and volatility arising from these risks and utilizes derivative financial instruments to offset a portion of these risks. The Company uses derivative financial instruments only to the extent necessary to hedge identified business risks and does not enter into such transactions for trading purposes. The Company generally does not require collateral or other security with counterparties to these financial instruments and is therefore subject to credit risk in the event of nonperformance; however, the Company monitors credit risk and currently does not anticipate nonperformance by other parties.

Interest rate swap agreements are used to manage interest rate risk associated with floating-rate borrowings under the Company’s 2013 Credit Facility. The interest rate swap agreements utilized by the Company effectively modify the Company’s exposure to interest rate risk by converting a portion of the Company’s floating-rate debt to a fixed rate basis through the expiration date of the interest rate swap agreements, thereby reducing the impact of interest rate changes on future interest expense. These agreements involve the receipt of floating rate amounts in exchange for fixed rate interest payments over the term of the agreements without an exchange of the underlying principal amount. These derivative instruments that qualify as effective cash flow hedges under GAAP. For these cash flow hedges, the effective portion of the gain or loss from the financial instruments was initially reported as a component of accumulated other comprehensive income (loss) in stockholders’ equity and subsequently reclassified into earnings in the same line as the hedged item in the same period or periods during which the hedged item affected earnings.

On July 16, 2013, the Company entered into three forward-starting interest rate swap agreements beginning September 30, 2014 to hedge the variable interest rates on the 2013 Credit Facility for a fixed rate based on an aggregate notional amount of $1.0 billion through June 30, 2019. These forward-starting interest rate swap agreements will effectively convert the variable interest rate on the aggregate notional amount of the 2013 Credit Facility to a fixed rate of 5.4% (2.4% plus the 3% margin percentage) over the term of the interest rate swap agreements.

At March 29, 2014, three forward-starting interest rate swap agreements were in place to swap variable rates on the 2013 Credit Facility for a fixed rate based on an aggregate notional amount of $353 million. These interest rate swap agreements converted the variable interest rate on the aggregate notional amount of the 2013 Credit Facility to a fixed rate of 5.17% (2.17% plus the 3% margin percentage) through June 30, 2015.

In conjunction with the refinancing of the 2011 Credit Facility, the Company no longer designated the interest rate swap agreements relating to the $353 million aggregate notional amount as cash flow hedges for accounting purposes. Accordingly, amounts previously recorded as a component of accumulated other comprehensive loss in stockholder’s equity will be amortized into earnings over the remaining period of the swap agreements. The net after-tax loss included in accumulated other comprehensive loss to be reclassified into interest expense over the remaining term of the swap agreement was $3.3 million at March 29, 2014.

- Definition

The entire disclosure for derivative instruments and hedging activities including, but not limited to, risk management strategies, non-hedging derivative instruments, assets, liabilities, revenue and expenses, and methodologies and assumptions used in determining the amounts.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
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+ Details

Segments

6 Months Ended

Mar. 29, 2014

Segments

10.

SEGMENTS

The Company’s businesses are organized and managed in three reporting segments: Power & Control, Airframe and Non-aviation.

The Power & Control segment includes operations that primarily develop, produce and market systems and components that predominately provide power to or control power of the aircraft utilizing electronic, fluid, power and mechanical motion control technologies. Major product offerings include mechanical/electro-mechanical actuators and controls, ignition systems and engine technology, specialized pumps and valves, power conditioning devices and specialized AC/DC electric motors and generators. Primary customers of this segment are engine and power system and subsystem suppliers, airlines, third party maintenance suppliers, military buying agencies and repair depots. Products are sold in the original equipment and aftermarket market channels.

The Airframe segment includes operations that primarily develop, produce and market systems and components that are used in non-power airframe applications utilizing airframe and cabin structure technologies. Major product offerings include engineered latching and locking devices, rods and locking devices, engineered connectors and elastomers, cockpit security components and systems, aircraft audio systems, specialized lavatory components, seatbelts and safety restraints, engineered interior surfaces, lighting and control technology, personnel parachutes, cargo aerial delivery systems, emergency escape systems and naval decoys. Primary customers of this segment are airframe manufacturers and cabin system suppliers and subsystem suppliers, airlines, third party maintenance suppliers, military buying agencies and repair depots. Products are sold in the original equipment and aftermarket market channels.

The Non-aviation segment includes operations that primarily develop, produce and market products for non-aviation markets. Major product offerings include seatbelts and safety restraints for ground transportation applications, mechanical/electro-mechanical actuators and controls for space applications, and refueling systems for heavy equipment used in mining, construction and other industries. Primary customers of this segment are off road vehicle suppliers and subsystem suppliers, child restraint system suppliers, satellite and space system suppliers and manufacturers of heavy equipment used in mining, construction and other industries.

The primary measurement used by management to review and assess the operating performance of each segment is EBITDA As Defined. The Company defines EBITDA As Defined as earnings before interest, taxes, depreciation and amortization plus certain non-operating items including refinancing costs, acquisition-related costs, transaction-related costs and non-cash compensation charges incurred in connection with the Company’s stock option plans. Acquisition-related costs represent accounting adjustments to inventory associated with acquisitions of businesses and product lines that were charged to cost of sales when the inventory was sold; costs incurred to integrate acquired businesses and product lines into the Company’s operations, facility relocation costs and other acquisition-related costs; transaction related costs comprising deal fees; legal, financial and tax diligence expenses and valuation costs that are required to be expensed as incurred and other acquisition accounting adjustments.

EBITDA As Defined is not a measurement of financial performance under GAAP. Although the Company uses EBITDA As Defined to assess the performance of its business and for various other purposes, the use of this non-GAAP financial measure as an analytical tool has limitations, and it should not be considered in isolation or as a substitute for analysis of the Company’s results of operations as reported in accordance with GAAP.

The Company’s segments are reported on the same basis used internally for evaluating performance and for allocating resources. The accounting policies for each segment are the same as those described in the summary of significant accounting policies in the Company’s consolidated financial statements. Intersegment sales and transfers are recorded at values based on market prices, which creates intercompany profit on intersegment sales or transfers that is eliminated in consolidation. Intersegment sales were insignificant for the periods presented below.

The following table presents net sales by reportable segment (in thousands):


	Thirteen Week Periods Ended				Twenty-Six Week Periods Ended
	March 29, 2014		March 30, 2013		March 29, 2014		March 30, 2013
Net sales to external customers
Power & Control	$	258,351	$	203,998	$	509,559	$	397,874
Airframe		308,221		236,310		562,887		451,230
Non-aviation		24,189		25,301		47,637		46,923

	$	590,761	$	465,609	$	1,120,083	$	896,027

The following table reconciles EBITDA As Defined by segment to consolidated income from continuing operations before income taxes (in thousands):


	Thirteen Week Periods Ended				Twenty-Six Week Periods Ended
	March 29, 2014		March 30, 2013		March 29, 2014		March 30, 2013
EBITDA As Defined
Power & Control	$	132,640	$	109,196	$	261,624	$	212,315
Airframe		130,917		110,635		245,387		209,441
Non-aviation		5,101		5,761		10,207		10,195

Total segment EBITDA As Defined		268,658		225,592		517,218		431,951
Unallocated corporate expenses		5,690		6,320		10,693		11,783

Total Company EBITDA As Defined		262,968		219,272		506,525		420,168

Depreciation and amortization		25,881		16,321		49,720		33,773
Interest expense - net		82,289		64,094		163,142		126,970
Acquisition-related costs		10,435		1,708		15,352		5,175
Stock compensation expense		8,158		7,131		12,333		14,262
Refinancing costs		—		30,281		—		30,281

Income from continuing operations before income taxes	$	136,205	$	99,737	$	265,978	$	209,707

The following table presents total assets by segment (in thousands):


	March 29, 2014		September 30, 2013
Total assets
Power & Control	$	2,447,270	$	2,398,469
Airframe		3,267,864		2,958,974
Non-aviation		131,908		132,672
Corporate		552,296		658,764

	$	6,399,338	$	6,148,879

The Company’s sales principally originate from the United States, and the Company’s long-lived assets are principally located in the United States.

- Definition

The entire disclosure for reporting segments including data and tables. Reportable segments include those that meet any of the following quantitative thresholds a) it's reported revenue, including sales to external customers and intersegment sales or transfers is 10 percent or more of the combined revenue, internal and external, of all operating segments b) the absolute amount of its reported profit or loss is 10 percent or more of the greater, in absolute amount of 1) the combined reported profit of all operating segments that did not report a loss or 2) the combined reported loss of all operating segments that did report a loss c) its assets are 10 percent or more of the combined assets of all operating segments.

+ References

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+ Details

Supplemental Guarantor Information

6 Months Ended

Mar. 29, 2014

Supplemental Guarantor Information

11.

SUPPLEMENTAL GUARANTOR INFORMATION

TransDigm’s 2018 Notes, 2020 Notes and 2021 Notes are jointly and severally guaranteed, on a senior subordinated basis, by TD Group and TransDigm Inc.’s 100% Domestic Restricted Subsidiaries, as defined in the Indentures. The following supplemental condensed consolidating financial information presents, in separate columns, the balance sheets of the Company as of March 29, 2014 and September 30, 2013 and its statements of income and comprehensive income and cash flows for the twenty-six week periods ended March 29, 2014 and March 30, 2013 for (i) TransDigm Group on a parent only basis with its investment in subsidiaries recorded under the equity method, (ii) TransDigm Inc. including its directly owned operations and non-operating entities, (iii) the Subsidiary Guarantors on a combined basis, (iv) Non-Guarantor Subsidiaries and (v) the Company on a consolidated basis.

TRANSDIGM GROUP INCORPORATED

CONDENSED CONSOLIDATING BALANCE SHEET

AS OF MARCH 29, 2014

(Amounts in thousands)


	TransDigm Group			TransDigm Inc.			Subsidiary Guarantors		Non-Guarantor Subsidiaries			Eliminations			Total Consolidated
ASSETS
CURRENT ASSETS:
Cash and cash equivalents	$	550		$	434,302		$	367	$	28,675		$	11,797		$	475,691
Trade accounts receivable - Net		—			19,593			278,082		47,466			(2,762	)		342,379
Inventories - Net		—			28,753			380,698		49,712			(700	)		458,463
Deferred income taxes		—			28,607			—		—			—			28,607
Prepaid expenses and other		—			8,487			9,992		4,398			—			22,877

Total current assets		550			519,742			669,139		130,251			8,335			1,328,017

INVESTMENT IN SUBSIDIARIES AND INTERCOMPANY BALANCES		(126,179	)		5,554,270			2,776,176		82,739			(8,287,006	)		—
PROPERTY, PLANT AND EQUIPMENT - Net		—			15,944			167,068		25,701			—			208,713
GOODWILL		—			59,814			3,305,893		165,477			—			3,531,184
TRADEMARKS AND TRADE NAMES		—			19,377			449,706		43,158			—			512,241
OTHER INTANGIBLE ASSETS - Net		—			21,411			667,013		48,875			(1,460	)		735,839
DEBT ISSUE COSTS - Net		—			66,570			—		355			—			66,925
OTHER		—			2,659			11,683		2,073			4			16,419

TOTAL ASSETS	$	(125,629	)	$	6,259,787		$	8,046,678	$	498,629		$	(8,280,127	)	$	6,399,338


LIABILITIES AND STOCKHOLDERS’ (DEFICIT) EQUITY
CURRENT LIABILITIES:
Current portion of long-term debt	$	—		$	31,045		$	—	$	—		$	—		$	31,045
Accounts payable		—			12,251			69,586		16,075			(2,762	)		95,150
Accrued liabilities		—			96,957			84,015		45,311			—			226,283

Total current liabilities		—			140,253			153,601		61,386			(2,762	)		352,478

LONG-TERM DEBT		—			5,692,432			—		—			—			5,692,432
DEFERRED INCOME TAXES		—			404,286			—		(298	)		—			403,988
OTHER NON-CURRENT LIABILITIES		—			30,994			44,648		427			—			76,069

Total liabilities		—			6,267,965			198,249		61,515			(2,762	)		6,524,967

STOCKHOLDERS’ (DEFICIT) EQUITY		(125,629	)		(8,178	)		7,848,429		437,114			(8,277,365	)		(125,629	)

TOTAL LIABILITIES AND STOCKHOLDERS’ (DEFICIT) EQUITY	$	(125,629	)	$	6,259,787		$	8,046,678	$	498,629		$	(8,280,127	)		$6,399,338

TRANSDIGM GROUP INCORPORATED

CONDENSED CONSOLIDATING BALANCE SHEET

AS OF SEPTEMBER 30, 2013

(Amounts in thousands)


	TransDigm Group			TransDigm Inc.			Subsidiary Guarantors		Non-Guarantor Subsidiaries		Eliminations			Total Consolidated
ASSETS
CURRENT ASSETS:
Cash and cash equivalents	$	1,313		$	536,863		$	7,900	$	18,664	$	—		$	564,740
Trade accounts receivable - Net		—			16,332			251,272		24,567		(1,722	)		290,449
Inventories - Net		—			26,353			359,518		28,633		(923	)		413,581
Deferred income taxes		—			30,182			—		—		—			30,182
Prepaid expenses and other		—			7,533			10,693		3,317		—			21,543

Total current assets		1,313			617,263			629,383		75,181		(2,645	)		1,320,495

INVESTMENT IN SUBSIDIARIES AND INTERCOMPANY BALANCES		(337,694	)		5,206,201			2,527,374		77,853		(7,473,734	)		—
PROPERTY, PLANT AND EQUIPMENT - Net		—			15,471			178,193		15,300		—			208,964
GOODWILL		—			67,245			3,192,519		84,143		—			3,343,907
TRADEMARKS AND TRADE NAMES		—			19,377			434,066		32,247		—			485,690
OTHER INTANGIBLE ASSETS - Net		—			22,130			663,881		19,249		(1,460	)		703,800
DEBT ISSUE COSTS - Net		—			72,668			—		—		—			72,668
OTHER		—			2,633			10,520		201		1			13,355

TOTAL ASSETS	$	(336,381	)	$	6,022,988		$	7,635,936	$	304,174	$	(7,477,838	)	$	6,148,879


LIABILITIES AND STOCKHOLDERS’ (DEFICIT) EQUITY
CURRENT LIABILITIES:
Current portion of long-term debt	$	—		$	31,045		$	—	$	—	$	—		$	31,045
Accounts payable		—			14,353			82,661		11,481		(1,727	)		106,768
Accrued liabilities		—			80,313			88,204		16,170		—			184,687

Total current liabilities		—			125,711			170,865		27,651		(1,727	)		322,500
LONG-TERM DEBT		—			5,700,193			—		—		—			5,700,193
DEFERRED INCOME TAXES		—			384,301			—		—		—			384,301
OTHER NON-CURRENT LIABILITIES		—			32,474			45,748		44		—			78,266

Total liabilities		—			6,242,679			216,613		27,695		(1,727	)		6,485,260

STOCKHOLDERS’ (DEFICIT) EQUITY		(336,381	)		(219,691	)		7,419,323		276,479		(7,476,111	)		(336,381	)

TOTAL LIABILITIES AND STOCKHOLDERS’ (DEFICIT) EQUITY	$	(336,381	)	$	6,022,988		$	7,635,936	$	304,174	$	(7,477,838	)	$	6,148,879

TRANSDIGM GROUP INCORPORATED

CONDENSED CONSOLIDATING STATEMENT OF INCOME AND COMPREHENSIVE INCOME

FOR THE TWENTY-SIX WEEK PERIOD ENDED MARCH 29, 2014

(Amounts in thousands)


	TransDigm Group			TransDigm Inc.			Subsidiary Guarantors		Non-Guarantor Subsidiaries		Eliminations			Total Consolidated

NET SALES	$	—		$	59,065		$	975,281	$	90,395	$	(4,658	)	$	1,120,083

COST OF SALES		—			35,692			432,613		64,941		(4,881	)		528,365


GROSS PROFIT		—			23,373			542,668		25,454		223			591,718

SELLING AND ADMINISTRATIVE EXPENSES		—			29,740			84,867		14,008		—			128,615
AMORTIZATION OF INTANGIBLE ASSETS		—			694			31,118		2,171		—			33,983


INCOME (LOSS) FROM OPERATIONS		—			(7,061	)		426,683		9,275		223			429,120
INTEREST EXPENSE - Net		—			162,134			94		914		—			163,142
EQUITY IN INCOME OF SUBSIDIARIES		(176,478	)		(275,926	)		—		—		452,404			—


INCOME BEFORE INCOME TAXES		176,478			106,731			426,589		8,361		(452,181	)		265,978

INCOME TAX PROVISION (BENEFIT)		—			(69,747	)		153,204		6,043		—			89,500


NET INCOME	$	176,478		$	176,478		$	273,385	$	2,318	$	(452,181	)	$	176,478


OTHER COMPREHENSIVE INCOME (LOSS), NET OF TAX		5,885			(343	)		1,018		5,111		(5,786	)		5,885


TOTAL COMPREHENSIVE INCOME	$	182,363		$	176,135		$	274,403	$	7,429	$	(457,967	)	$	182,363

TRANSDIGM GROUP INCORPORATED

CONDENSED CONSOLIDATING STATEMENT OF INCOME AND COMPREHENSIVE INCOME

FOR THE TWENTY-SIX WEEK PERIOD ENDED MARCH 30, 2013

(Amounts in thousands)


	TransDigm Group			TransDigm Inc.			Subsidiary Guarantors			Non-Guarantor Subsidiaries			Eliminations			Total Consolidated

NET SALES	$	—		$	52,286		$	789,907		$	57,361		$	(3,527	)	$	896,027

COST OF SALES		—			30,361			331,306			39,693			(3,190	)		398,170


GROSS PROFIT		—			21,925			458,601			17,668			(337	)		497,857

SELLING AND ADMINISTRATIVE EXPENSES		—			31,641			70,430			8,553			—			110,624
AMORTIZATION OF INTANGIBLE ASSETS		—			312			19,084			879			—			20,275


INCOME (LOSS) FROM OPERATIONS		—			(10,028	)		369,087			8,236			(337	)		366,958

INTEREST EXPENSE - Net		—			125,152			1,243			575			—			126,970
REFINANCING COSTS		—			30,281			—			—			—			30,281
EQUITY IN INCOME OF SUBSIDIARIES		(142,107	)		(236,038	)		—			—			378,145			—


INCOME BEFORE INCOME TAXES		142,107			70,577			367,844			7,661			(378,482	)		209,707

INCOME TAX PROVISION (BENEFIT)		—			(71,530	)		136,836			2,294			—			67,600


NET INCOME	$	142,107		$	142,107		$	231,008		$	5,367		$	(378,482	)	$	142,107


OTHER COMPREHENSIVE INCOME (LOSS), NET OF TAX		(7,487	)		(545	)		(1,790	)		(5,152	)		7,487			(7,487	)


TOTAL COMPREHENSIVE INCOME	$	134,620		$	141,562		$	229,218		$	215		$	(370,995	)	$	134,620

TRANSDIGM GROUP INCORPORATED

CONDENSED CONSOLIDATING STATEMENT OF CASH FLOWS

FOR THE TWENTY-SIX WEEK PERIOD ENDED MARCH 29, 2014

(Amounts in thousands)


	TransDigm Group			TransDigm Inc.			Subsidiary Guarantors			Non- Guarantor Subsidiaries			Eliminations			Total Consolidated
NET CASH PROVIDED BY (USED IN)
OPERATING ACTIVITIES	$	—		$	(74,534	)	$	279,875		$	21,275		$	(6,128	)	$	220,488

INVESTING ACTIVITIES:
Capital expenditures		—			(1,573	)		(14,669	)		(1,467	)		—			(17,709	)
Cash proceeds from sale of real estate		—			—			16,380			—			—			16,380
Acquisition of business, net of cash acquired		—			(311,016	)		—			—			—			(311,016	)

Net cash (used in) provided by investing activities		—			(312,589	)		1,711			(1,467	)		—			(312,345	)


FINANCING ACTIVITIES:
Intercompany activities		(11,258	)		292,401			(289,119	)		(9,949	)		17,925			—
Excess tax benefits related to share-based payment arrangements		10,698			—			—			—			—			10,698
Proceeds from exercise of stock options		9,422			—			—			—			—			9,422
Dividends paid		(9,625	)		—			—			—			—			(9,625	)
Repayment on 2013 credit facility		—			(7,761	)		—			—			—			(7,761	)
Other		—			(78	)		—			—			—			(78	)

Net cash provided by (used in) financing activities		(763	)		284,562			(289,119	)		(9,949	)		17,925			2,656


EFFECT OF EXCHANGE RATE CHANGES ON CASH AND CASH EQUIVALENTS		—			—			—			152			—			152

(DECREASE) INCREASE IN CASH AND CASH EQUIVALENTS		(763	)		(102,561	)		(7,533	)		10,011			11,797			(89,049	)

CASH AND CASH EQUIVALENTS, BEGINNING OF PERIOD		1,313			536,863			7,900			18,664			—			564,740


CASH AND CASH EQUIVALENTS, END OF PERIOD	$	550		$	434,302		$	367		$	28,675		$	11,797		$	475,691

TRANSDIGM GROUP INCORPORATED

CONDENSED CONSOLIDATING STATEMENT OF CASH FLOWS

FOR THE TWENTY-SIX WEEK PERIOD ENDED MARCH 30, 2013

(Amounts in thousands)


	TransDigm Group			TransDigm Inc.			Subsidiary Guarantors			Non-Guarantor Subsidiaries			Eliminations			Total Consolidated
NET CASH PROVIDED BY (USED IN)
OPERATING ACTIVITIES	$	—		$	(55,398	)	$	240,872		$	4,885		$	6,930		$	197,289

INVESTING ACTIVITIES:
Capital expenditures		—			(1,105	)		(14,308	)		(903	)		—			(16,316	)
Acquisition of businesses, net of cash acquired		—			(8,367	)		—			—			—			(8,367	)
Cash proceeds from sale of investment		—			10,500			—			—			—			10,500

Net cash provided by (used in) investing activities		—			1,028			(14,308	)		(903	)		—			(14,183	)

FINANCING ACTIVITIES:
Intercompany activities		644,459			(408,158	)		(226,417	)		(2,954	)		(6,930	)		—
Excess tax benefits related to share-based payment arrangements		40,044			—			—			—			—			40,044
Proceeds from exercise of stock options		12,919			—			—			—			—			12,919
Dividends paid		(702,406	)		—			—			—			—			(702,406	)
Proceeds from 2013 credit facility-net		—			2,191,127			—			—			—			2,191,127
Repayment on 2013 credit facility		—			(5,500	)		—			—			—			(5,500	)
Proceeds from 2011 credit facility-net		—			147,360			—			—			—			147,360
Repayment on 2011 credit facility		—			(2,169,125	)		—			—			—			(2,169,125	)
Proceeds from senior subordinated notes due 2020-net		—			542,000			—			—			—			542,000

Net cash provided by (used in) financing activities		(4,984	)		297,704			(226,417	)		(2,954	)		(6,930	)		56,419


EFFECT OF EXCHANGE RATE CHANGES ON CASH AND CASH EQUIVALENTS		—			—			—			(25	)		—			(25	)


INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS		(4,984	)		243,334			147			1,003			—			239,500

CASH AND CASH EQUIVALENTS, BEGINNING OF PERIOD		20,100			406,891			4,494			9,039			—			440,524


CASH AND CASH EQUIVALENTS, END OF PERIOD	$	15,116		$	650,225		$	4,641		$	10,042		$	—		$	680,024

Earnings Per Share (Two-Class Method) (Tables)

6 Months Ended

Mar. 29, 2014

Computation of Basic and Diluted Earnings Per Share

The following table sets forth the computation of basic and diluted earnings per share (in thousands, except per share data):


	Thirteen Week Periods Ended					Twenty-Six Week Periods Ended
	March 29, 2014			March 30, 2013		March 29, 2014			March 30, 2013
Numerator for earnings per share:
Net income	$	90,355		$	67,937	$	176,478		$	142,107
Less dividends paid on participating securities		(5,486	)		—		(9,625	)		(38,130	)

Net income applicable to common stock - basic and diluted	$	84,869		$	67,937	$	166,853		$	103,977


Denominator for basic and diluted earnings per share under the two-class method:
Weighted average common shares outstanding		52,803			52,204		52,745			52,001
Vested options deemed participating securities		4,265			2,249		4,285			2,452


Total shares for basic and diluted earnings per share		57,068			54,453		57,030			54,453


Basic and diluted earnings per share	$	1.49		$	1.25	$	2.93		$	1.91

Inventories (Tables)

6 Months Ended

Mar. 29, 2014

Inventories

Inventories consist of the following (in thousands):


	March 29, 2014			September 30, 2013
Raw materials and purchased component parts	$	300,306		$	274,510
Work-in-progress		142,148			124,765
Finished Goods		67,066			58,052

Total		509,520			457,327
Reserves for excess and obsolete inventory and LIFO		(51,057	)		(43,746	)

Inventories - net	$	458,463		$	413,581

Intangible Assets (Tables)

6 Months Ended

Mar. 29, 2014

Intangible Assets Subject to Amortization

Intangible assets subject to amortization consist of the following (in thousands):


	March 29, 2014						September 30, 2013
	Gross Carrying Amount		Accumulated Amortization		Net		Gross Carrying Amount		Accumulated Amortization		Net
Technology	$	856,401	$	164,610	$	691,791	$	801,010	$	143,196	$	657,814
Order backlog		25,497		14,748		10,749		19,255		7,936		11,319
Other		43,289		9,990		33,299		43,427		8,760		34,667

Total	$	925,187	$	189,348	$	735,839	$	863,692	$	159,892	$	703,800

Intangible Assets Acquired

Intangible assets acquired during the twenty-six week period ended March 29, 2014 were as follows (in thousands):


	Cost		Amortization Period
Intangible assets not subject to amortization:
Goodwill	$	178,524
Trademarks and trade names		26,847

		205,371

Intangible assets subject to amortization:
Technology		54,463		20 years
Order backlog		9,348		1 year

		63,811		17.2 years

Total	$	269,182

Summary of Changes in Carrying Value of Goodwill

The following is a summary of changes in the carrying value of goodwill by segment from September 30, 2013 through March 29, 2014 (in thousands):


	Power & Control		Airframe		Non-aviation		Total
Balance, September 30, 2013	$	1,566,926	$	1,721,901	$	55,080	$	3,343,907
Goodwill acquired during the year		21,413		157,111		—		178,524
Purchase price allocation adjustments		4,153		698		289		5,140
Other		13		3,600		—		3,613

Balance, March 29, 2014	$	1,592,505	$	1,883,310	$	55,369	$	3,531,184

Fair Value Measurements (Tables)

6 Months Ended

Mar. 29, 2014

Carrying Amounts and Fair Values of Financial Instruments

The following summarizes the carrying amounts and fair values of financial instruments (in thousands):


			March 29, 2014				September 30, 2013
	Level		Carrying Amount		Fair Value		Carrying Amount		Fair Value
Assets:
Cash and cash equivalents		1	$	475,691	$	475,691	$	564,740	$	564,740
Liabilities:
Interest rate swap agreements ⁽¹⁾		2		6,200		6,200		6,950		6,950
Interest rate swap agreements ⁽²⁾		2		10,600		10,600		7,550		7,550
Long-term debt:
Term loans		2		3,073,477		3,075,000		3,081,238		3,065,000
7 3/4% Senior Subordinated Notes due 2018		1		1,600,000		1,708,000		1,600,000		1,708,000
5 1/2% Senior Subordinated Notes due 2020		1		550,000		558,000		550,000		540,000
7 1/2% Senior Subordinated Notes due 2021		1		500,000		550,000		500,000		536,000

(1)	Included in Accrued liabilities on the Condensed Consolidated Balance Sheet.

(2)	Included in Other non-current liabilities on the Condensed Consolidated Balance Sheet.

Segments (Tables)

6 Months Ended

Mar. 29, 2014

Segment Reporting Information

The following table presents net sales by reportable segment (in thousands):


	Thirteen Week Periods Ended				Twenty-Six Week Periods Ended
	March 29, 2014		March 30, 2013		March 29, 2014		March 30, 2013
Net sales to external customers
Power & Control	$	258,351	$	203,998	$	509,559	$	397,874
Airframe		308,221		236,310		562,887		451,230
Non-aviation		24,189		25,301		47,637		46,923

	$	590,761	$	465,609	$	1,120,083	$	896,027

The following table reconciles EBITDA As Defined by segment to consolidated income from continuing operations before income taxes (in thousands):


	Thirteen Week Periods Ended				Twenty-Six Week Periods Ended
	March 29, 2014		March 30, 2013		March 29, 2014		March 30, 2013
EBITDA As Defined
Power & Control	$	132,640	$	109,196	$	261,624	$	212,315
Airframe		130,917		110,635		245,387		209,441
Non-aviation		5,101		5,761		10,207		10,195

Total segment EBITDA As Defined		268,658		225,592		517,218		431,951
Unallocated corporate expenses		5,690		6,320		10,693		11,783

Total Company EBITDA As Defined		262,968		219,272		506,525		420,168

Depreciation and amortization		25,881		16,321		49,720		33,773
Interest expense - net		82,289		64,094		163,142		126,970
Acquisition-related costs		10,435		1,708		15,352		5,175
Stock compensation expense		8,158		7,131		12,333		14,262
Refinancing costs		—		30,281		—		30,281

Income from continuing operations before income taxes	$	136,205	$	99,737	$	265,978	$	209,707

The following table presents total assets by segment (in thousands):


	March 29, 2014		September 30, 2013
Total assets
Power & Control	$	2,447,270	$	2,398,469
Airframe		3,267,864		2,958,974
Non-aviation		131,908		132,672
Corporate		552,296		658,764

	$	6,399,338	$	6,148,879

Supplemental Guarantor Information (Tables)

6 Months Ended

Mar. 29, 2014

Supplemental Condensed Consolidating Balance Sheet

TRANSDIGM GROUP INCORPORATED

CONDENSED CONSOLIDATING BALANCE SHEET

AS OF MARCH 29, 2014

(Amounts in thousands)


	TransDigm Group			TransDigm Inc.			Subsidiary Guarantors		Non-Guarantor Subsidiaries			Eliminations			Total Consolidated
ASSETS
CURRENT ASSETS:
Cash and cash equivalents	$	550		$	434,302		$	367	$	28,675		$	11,797		$	475,691
Trade accounts receivable - Net		—			19,593			278,082		47,466			(2,762	)		342,379
Inventories - Net		—			28,753			380,698		49,712			(700	)		458,463
Deferred income taxes		—			28,607			—		—			—			28,607
Prepaid expenses and other		—			8,487			9,992		4,398			—			22,877

Total current assets		550			519,742			669,139		130,251			8,335			1,328,017

INVESTMENT IN SUBSIDIARIES AND INTERCOMPANY BALANCES		(126,179	)		5,554,270			2,776,176		82,739			(8,287,006	)		—
PROPERTY, PLANT AND EQUIPMENT - Net		—			15,944			167,068		25,701			—			208,713
GOODWILL		—			59,814			3,305,893		165,477			—			3,531,184
TRADEMARKS AND TRADE NAMES		—			19,377			449,706		43,158			—			512,241
OTHER INTANGIBLE ASSETS - Net		—			21,411			667,013		48,875			(1,460	)		735,839
DEBT ISSUE COSTS - Net		—			66,570			—		355			—			66,925
OTHER		—			2,659			11,683		2,073			4			16,419

TOTAL ASSETS	$	(125,629	)	$	6,259,787		$	8,046,678	$	498,629		$	(8,280,127	)	$	6,399,338


LIABILITIES AND STOCKHOLDERS’ (DEFICIT) EQUITY
CURRENT LIABILITIES:
Current portion of long-term debt	$	—		$	31,045		$	—	$	—		$	—		$	31,045
Accounts payable		—			12,251			69,586		16,075			(2,762	)		95,150
Accrued liabilities		—			96,957			84,015		45,311			—			226,283

Total current liabilities		—			140,253			153,601		61,386			(2,762	)		352,478

LONG-TERM DEBT		—			5,692,432			—		—			—			5,692,432
DEFERRED INCOME TAXES		—			404,286			—		(298	)		—			403,988
OTHER NON-CURRENT LIABILITIES		—			30,994			44,648		427			—			76,069

Total liabilities		—			6,267,965			198,249		61,515			(2,762	)		6,524,967

STOCKHOLDERS’ (DEFICIT) EQUITY		(125,629	)		(8,178	)		7,848,429		437,114			(8,277,365	)		(125,629	)

TOTAL LIABILITIES AND STOCKHOLDERS’ (DEFICIT) EQUITY	$	(125,629	)	$	6,259,787		$	8,046,678	$	498,629		$	(8,280,127	)		$6,399,338

TRANSDIGM GROUP INCORPORATED

CONDENSED CONSOLIDATING BALANCE SHEET

AS OF SEPTEMBER 30, 2013

(Amounts in thousands)


	TransDigm Group			TransDigm Inc.			Subsidiary Guarantors		Non-Guarantor Subsidiaries		Eliminations			Total Consolidated
ASSETS
CURRENT ASSETS:
Cash and cash equivalents	$	1,313		$	536,863		$	7,900	$	18,664	$	—		$	564,740
Trade accounts receivable - Net		—			16,332			251,272		24,567		(1,722	)		290,449
Inventories - Net		—			26,353			359,518		28,633		(923	)		413,581
Deferred income taxes		—			30,182			—		—		—			30,182
Prepaid expenses and other		—			7,533			10,693		3,317		—			21,543

Total current assets		1,313			617,263			629,383		75,181		(2,645	)		1,320,495

INVESTMENT IN SUBSIDIARIES AND INTERCOMPANY BALANCES		(337,694	)		5,206,201			2,527,374		77,853		(7,473,734	)		—
PROPERTY, PLANT AND EQUIPMENT - Net		—			15,471			178,193		15,300		—			208,964
GOODWILL		—			67,245			3,192,519		84,143		—			3,343,907
TRADEMARKS AND TRADE NAMES		—			19,377			434,066		32,247		—			485,690
OTHER INTANGIBLE ASSETS - Net		—			22,130			663,881		19,249		(1,460	)		703,800
DEBT ISSUE COSTS - Net		—			72,668			—		—		—			72,668
OTHER		—			2,633			10,520		201		1			13,355

TOTAL ASSETS	$	(336,381	)	$	6,022,988		$	7,635,936	$	304,174	$	(7,477,838	)	$	6,148,879


LIABILITIES AND STOCKHOLDERS’ (DEFICIT) EQUITY
CURRENT LIABILITIES:
Current portion of long-term debt	$	—		$	31,045		$	—	$	—	$	—		$	31,045
Accounts payable		—			14,353			82,661		11,481		(1,727	)		106,768
Accrued liabilities		—			80,313			88,204		16,170		—			184,687

Total current liabilities		—			125,711			170,865		27,651		(1,727	)		322,500
LONG-TERM DEBT		—			5,700,193			—		—		—			5,700,193
DEFERRED INCOME TAXES		—			384,301			—		—		—			384,301
OTHER NON-CURRENT LIABILITIES		—			32,474			45,748		44		—			78,266

Total liabilities		—			6,242,679			216,613		27,695		(1,727	)		6,485,260

STOCKHOLDERS’ (DEFICIT) EQUITY		(336,381	)		(219,691	)		7,419,323		276,479		(7,476,111	)		(336,381	)

TOTAL LIABILITIES AND STOCKHOLDERS’ (DEFICIT) EQUITY	$	(336,381	)	$	6,022,988		$	7,635,936	$	304,174	$	(7,477,838	)	$	6,148,879

Supplemental Condensed Consolidating Statement of Income

TRANSDIGM GROUP INCORPORATED

CONDENSED CONSOLIDATING STATEMENT OF INCOME AND COMPREHENSIVE INCOME

FOR THE TWENTY-SIX WEEK PERIOD ENDED MARCH 29, 2014

(Amounts in thousands)


	TransDigm Group			TransDigm Inc.			Subsidiary Guarantors		Non-Guarantor Subsidiaries		Eliminations			Total Consolidated

NET SALES	$	—		$	59,065		$	975,281	$	90,395	$	(4,658	)	$	1,120,083

COST OF SALES		—			35,692			432,613		64,941		(4,881	)		528,365


GROSS PROFIT		—			23,373			542,668		25,454		223			591,718

SELLING AND ADMINISTRATIVE EXPENSES		—			29,740			84,867		14,008		—			128,615
AMORTIZATION OF INTANGIBLE ASSETS		—			694			31,118		2,171		—			33,983


INCOME (LOSS) FROM OPERATIONS		—			(7,061	)		426,683		9,275		223			429,120
INTEREST EXPENSE - Net		—			162,134			94		914		—			163,142
EQUITY IN INCOME OF SUBSIDIARIES		(176,478	)		(275,926	)		—		—		452,404			—


INCOME BEFORE INCOME TAXES		176,478			106,731			426,589		8,361		(452,181	)		265,978

INCOME TAX PROVISION (BENEFIT)		—			(69,747	)		153,204		6,043		—			89,500


NET INCOME	$	176,478		$	176,478		$	273,385	$	2,318	$	(452,181	)	$	176,478


OTHER COMPREHENSIVE INCOME (LOSS), NET OF TAX		5,885			(343	)		1,018		5,111		(5,786	)		5,885


TOTAL COMPREHENSIVE INCOME	$	182,363		$	176,135		$	274,403	$	7,429	$	(457,967	)	$	182,363

TRANSDIGM GROUP INCORPORATED

CONDENSED CONSOLIDATING STATEMENT OF INCOME AND COMPREHENSIVE INCOME

FOR THE TWENTY-SIX WEEK PERIOD ENDED MARCH 30, 2013

(Amounts in thousands)


	TransDigm Group			TransDigm Inc.			Subsidiary Guarantors			Non-Guarantor Subsidiaries			Eliminations			Total Consolidated

NET SALES	$	—		$	52,286		$	789,907		$	57,361		$	(3,527	)	$	896,027

COST OF SALES		—			30,361			331,306			39,693			(3,190	)		398,170


GROSS PROFIT		—			21,925			458,601			17,668			(337	)		497,857

SELLING AND ADMINISTRATIVE EXPENSES		—			31,641			70,430			8,553			—			110,624
AMORTIZATION OF INTANGIBLE ASSETS		—			312			19,084			879			—			20,275


INCOME (LOSS) FROM OPERATIONS		—			(10,028	)		369,087			8,236			(337	)		366,958

INTEREST EXPENSE - Net		—			125,152			1,243			575			—			126,970
REFINANCING COSTS		—			30,281			—			—			—			30,281
EQUITY IN INCOME OF SUBSIDIARIES		(142,107	)		(236,038	)		—			—			378,145			—


INCOME BEFORE INCOME TAXES		142,107			70,577			367,844			7,661			(378,482	)		209,707

INCOME TAX PROVISION (BENEFIT)		—			(71,530	)		136,836			2,294			—			67,600


NET INCOME	$	142,107		$	142,107		$	231,008		$	5,367		$	(378,482	)	$	142,107


OTHER COMPREHENSIVE INCOME (LOSS), NET OF TAX		(7,487	)		(545	)		(1,790	)		(5,152	)		7,487			(7,487	)


TOTAL COMPREHENSIVE INCOME	$	134,620		$	141,562		$	229,218		$	215		$	(370,995	)	$	134,620

Supplemental Condensed Consolidating Statement of Cash Flows

TRANSDIGM GROUP INCORPORATED

CONDENSED CONSOLIDATING STATEMENT OF CASH FLOWS

FOR THE TWENTY-SIX WEEK PERIOD ENDED MARCH 29, 2014

(Amounts in thousands)


	TransDigm Group			TransDigm Inc.			Subsidiary Guarantors			Non- Guarantor Subsidiaries			Eliminations			Total Consolidated
NET CASH PROVIDED BY (USED IN)
OPERATING ACTIVITIES	$	—		$	(74,534	)	$	279,875		$	21,275		$	(6,128	)	$	220,488

INVESTING ACTIVITIES:
Capital expenditures		—			(1,573	)		(14,669	)		(1,467	)		—			(17,709	)
Cash proceeds from sale of real estate		—			—			16,380			—			—			16,380
Acquisition of business, net of cash acquired		—			(311,016	)		—			—			—			(311,016	)

Net cash (used in) provided by investing activities		—			(312,589	)		1,711			(1,467	)		—			(312,345	)


FINANCING ACTIVITIES:
Intercompany activities		(11,258	)		292,401			(289,119	)		(9,949	)		17,925			—
Excess tax benefits related to share-based payment arrangements		10,698			—			—			—			—			10,698
Proceeds from exercise of stock options		9,422			—			—			—			—			9,422
Dividends paid		(9,625	)		—			—			—			—			(9,625	)
Repayment on 2013 credit facility		—			(7,761	)		—			—			—			(7,761	)
Other		—			(78	)		—			—			—			(78	)

Net cash provided by (used in) financing activities		(763	)		284,562			(289,119	)		(9,949	)		17,925			2,656


EFFECT OF EXCHANGE RATE CHANGES ON CASH AND CASH EQUIVALENTS		—			—			—			152			—			152

(DECREASE) INCREASE IN CASH AND CASH EQUIVALENTS		(763	)		(102,561	)		(7,533	)		10,011			11,797			(89,049	)

CASH AND CASH EQUIVALENTS, BEGINNING OF PERIOD		1,313			536,863			7,900			18,664			—			564,740


CASH AND CASH EQUIVALENTS, END OF PERIOD	$	550		$	434,302		$	367		$	28,675		$	11,797		$	475,691

TRANSDIGM GROUP INCORPORATED

CONDENSED CONSOLIDATING STATEMENT OF CASH FLOWS

FOR THE TWENTY-SIX WEEK PERIOD ENDED MARCH 30, 2013

(Amounts in thousands)


	TransDigm Group			TransDigm Inc.			Subsidiary Guarantors			Non-Guarantor Subsidiaries			Eliminations			Total Consolidated
NET CASH PROVIDED BY (USED IN)
OPERATING ACTIVITIES	$	—		$	(55,398	)	$	240,872		$	4,885		$	6,930		$	197,289

INVESTING ACTIVITIES:
Capital expenditures		—			(1,105	)		(14,308	)		(903	)		—			(16,316	)
Acquisition of businesses, net of cash acquired		—			(8,367	)		—			—			—			(8,367	)
Cash proceeds from sale of investment		—			10,500			—			—			—			10,500

Net cash provided by (used in) investing activities		—			1,028			(14,308	)		(903	)		—			(14,183	)

FINANCING ACTIVITIES:
Intercompany activities		644,459			(408,158	)		(226,417	)		(2,954	)		(6,930	)		—
Excess tax benefits related to share-based payment arrangements		40,044			—			—			—			—			40,044
Proceeds from exercise of stock options		12,919			—			—			—			—			12,919
Dividends paid		(702,406	)		—			—			—			—			(702,406	)
Proceeds from 2013 credit facility-net		—			2,191,127			—			—			—			2,191,127
Repayment on 2013 credit facility		—			(5,500	)		—			—			—			(5,500	)
Proceeds from 2011 credit facility-net		—			147,360			—			—			—			147,360
Repayment on 2011 credit facility		—			(2,169,125	)		—			—			—			(2,169,125	)
Proceeds from senior subordinated notes due 2020-net		—			542,000			—			—			—			542,000

Net cash provided by (used in) financing activities		(4,984	)		297,704			(226,417	)		(2,954	)		(6,930	)		56,419


EFFECT OF EXCHANGE RATE CHANGES ON CASH AND CASH EQUIVALENTS		—			—			—			(25	)		—			(25	)


INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS		(4,984	)		243,334			147			1,003			—			239,500

CASH AND CASH EQUIVALENTS, BEGINNING OF PERIOD		20,100			406,891			4,494			9,039			—			440,524


CASH AND CASH EQUIVALENTS, END OF PERIOD	$	15,116		$	650,225		$	4,641		$	10,042		$	—		$	680,024

Description of The Business - Additional Information (Detail)	6 Months Ended
	Mar. 29, 2014
Nature Of Business [Line Items]
Percentage of ownership in subsidiary	100.00%
7 3/4% Senior Subordinated Notes, Due 2018
Nature Of Business [Line Items]
Interest rate of senior subordinated debt	7.75%
5 1/2% Senior Subordinated Notes, Due 2020
Nature Of Business [Line Items]
Interest rate of senior subordinated debt	5.50%
7 1/2% Senior Subordinated Notes, Due 2021
Nature Of Business [Line Items]
Interest rate of senior subordinated debt	7.50%

Acquisitions - Additional Information (Detail) - USD ($) $ in Thousands	1 Months Ended				6 Months Ended
	Mar. 06, 2014	Dec. 19, 2013	Jun. 28, 2013	Jun. 05, 2013	Mar. 29, 2014	Sep. 30, 2013
Business Acquisition [Line Items]
Amount of goodwill expected to be non deductible for tax					$ 3,531,184	$ 3,343,907
Estimated useful life of aircraft (in years)					30 years
Whippany Actuation Systems LLC
Business Acquisition [Line Items]
Cash consideration paid to acquire business			$ 151,500		$ 2,700
Amount of goodwill expected to be tax deductible			$ 103,900
Arkwin Industries, Inc
Business Acquisition [Line Items]
Cash consideration paid to acquire business				$ 285,700
Amount of goodwill expected to be non deductible for tax				185,100
Business acquisition, purchase price adjustment received						$ 200
Aerosonic Corporation
Business Acquisition [Line Items]
Cash consideration paid to acquire business				39,800
Amount of goodwill expected to be non deductible for tax				$ 14,700
Airborne Systems Inc
Business Acquisition [Line Items]
Cash consideration paid to acquire business		$ 263,800
Amount of goodwill expected to be non deductible for tax		157,100
Business acquisition contract price		$ 250,000
Elektro-Metall Export GmbH
Business Acquisition [Line Items]
Business acquisition cost	$ 49,500
Cash consideration paid to acquire business	40,300
Business acquisition, assumption of net indebtedness	9,200
Amount of goodwill expected to be non deductible for tax	$ 21,400

Computation of Basic and Diluted Earnings Per Share (Detail) - USD ($) $ / shares in Units, shares in Thousands, $ in Thousands	3 Months Ended		6 Months Ended
	Mar. 29, 2014	Mar. 30, 2013	Mar. 29, 2014	Mar. 30, 2013
Numerator for earnings per share:
Net income	$ 90,355	$ 67,937	$ 176,478	$ 142,107
Less dividends paid on participating securities			(2,346)
Net income applicable to common stock - basic and diluted	$ 84,869	$ 67,937	$ 166,853	$ 103,977
Denominator for basic and diluted earnings per share under the two-class method:
Weighted average common shares outstanding	52,803	52,204	52,745	52,001
Vested options deemed participating securities	4,265	2,249	4,285	2,452
Total shares for basic and diluted earnings per share	57,068	54,453	57,030	54,453
Basic and diluted earnings per share	$ 1.49	$ 1.25	$ 2.93	$ 1.91
Participating Securities
Numerator for earnings per share:
Less dividends paid on participating securities	$ (5,486)		$ (9,625)	$ (38,130)

Inventories - Additional Information (Detail)	Mar. 29, 2014
Maximum
Inventory [Line Items]
Percentage of inventory	5.00%

Inventories (Detail) - USD ($) $ in Thousands	Mar. 29, 2014	Sep. 30, 2013
Inventory [Line Items]
Raw materials and purchased component parts	$ 300,306	$ 274,510
Work-in-progress	142,148	124,765
Finished Goods	67,066	58,052
Total	509,520	457,327
Reserves for excess and obsolete inventory and LIFO	(51,057)	(43,746)
Inventories - net	$ 458,463	$ 413,581

Intangible Assets Subjects to Amortization (Detail) - USD ($) $ in Thousands	Mar. 29, 2014	Sep. 30, 2013
Acquired Finite-Lived Intangible Assets [Line Items]
Gross Carrying Amount	$ 925,187	$ 863,692
Accumulated Amortization	189,348	159,892
Net	735,839	703,800
Technology
Acquired Finite-Lived Intangible Assets [Line Items]
Gross Carrying Amount	856,401	801,010
Accumulated Amortization	164,610	143,196
Net	691,791	657,814
Order backlog
Acquired Finite-Lived Intangible Assets [Line Items]
Gross Carrying Amount	25,497	19,255
Accumulated Amortization	14,748	7,936
Net	10,749	11,319
Other intangible assets
Acquired Finite-Lived Intangible Assets [Line Items]
Gross Carrying Amount	43,289	43,427
Accumulated Amortization	9,990	8,760
Net	$ 33,299	$ 34,667

Intangible Assets Acquired (Detail) $ in Thousands	6 Months Ended
Intangible Assets Acquired (Detail) $ in Thousands	Mar. 29, 2014 USD ($)
Acquired Finite-Lived Intangible Assets [Line Items]
Intangible assets not subject to amortization	$ 205,371
Intangible assets subject to amortization	63,811
Total - Intangible assets both subject to and not subject to amortization	$ 269,182
Amortization Period (in years)	17 years 2 months 12 days
Goodwill
Acquired Finite-Lived Intangible Assets [Line Items]
Intangible assets not subject to amortization	$ 178,524
Trademarks and trade names
Acquired Finite-Lived Intangible Assets [Line Items]
Intangible assets not subject to amortization	26,847
Technology
Acquired Finite-Lived Intangible Assets [Line Items]
Intangible assets subject to amortization	$ 54,463
Amortization Period (in years)	20 years
Order backlog
Acquired Finite-Lived Intangible Assets [Line Items]
Intangible assets subject to amortization	$ 9,348
Amortization Period (in years)	1 year

Intangible Assets - Additional Information (Detail) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Mar. 29, 2014	Mar. 30, 2013	Mar. 29, 2014	Mar. 30, 2013
Schedule of Intangible Assets Disclosure [Line Items]
Aggregate amortization expense	$ 17,600	$ 9,735	$ 33,983	$ 20,275
Estimated Amortization Expense, 2014	63,900		63,900
Estimated Amortization Expense, 2015	47,100		47,100
Estimated Amortization Expense, 2016	44,400		44,400
Estimated Amortization Expense, 2017	44,400		44,400
Estimated Amortization Expense, 2018	44,400		44,400
Estimated Amortization Expense, 2019	$ 44,400		44,400
Identifiable intangible assets
Schedule of Intangible Assets Disclosure [Line Items]
Aggregate amortization expense			$ 34,000	$ 20,300

Summary of Changes in Carrying Value of Goodwill (Detail) $ in Thousands	6 Months Ended
	Mar. 29, 2014 USD ($)
Goodwill [Line Items]
Goodwill, Beginning Balance	$ 3,343,907
Goodwill acquired during the year	178,524
Purchase price allocation adjustments	5,140
Other	3,613
Goodwill, Ending Balance	3,531,184
Power & Control
Goodwill [Line Items]
Goodwill, Beginning Balance	1,566,926
Goodwill acquired during the year	21,413
Purchase price allocation adjustments	4,153
Other	13
Goodwill, Ending Balance	1,592,505
Airframe
Goodwill [Line Items]
Goodwill, Beginning Balance	1,721,901
Goodwill acquired during the year	157,111
Purchase price allocation adjustments	698
Other	3,600
Goodwill, Ending Balance	1,883,310
Non-aviation
Goodwill [Line Items]
Goodwill, Beginning Balance	55,080
Purchase price allocation adjustments	289
Goodwill, Ending Balance	$ 55,369

Income Taxes - Additional Information (Detail) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Mar. 29, 2014	Mar. 30, 2013	Mar. 29, 2014	Mar. 30, 2013	Sep. 30, 2013
Income Tax Contingency [Line Items]
Effective income tax rate	33.70%	31.90%	33.60%	32.20%
Unrecognized tax benefit	$ 6.1		$ 6.1		$ 6.1
Effect of unrecognized tax benefits on effective tax rate	$ 5.7		$ 5.7		$ 5.7

Carrying Amounts and Fair Values of Financial Instruments (Detail) - USD ($)
$ in Thousands

Mar. 29, 2014

Sep. 30, 2013

Mar. 30, 2013

Sep. 30, 2012

Carrying Amounts and Fair Values of Financial Instruments [Line Items]

Cash and cash equivalents, Assets, Carrying Amount

$ 475,691

$ 564,740

$ 680,024

$ 440,524

Level 1

Carrying Amounts and Fair Values of Financial Instruments [Line Items]

Cash and cash equivalents, Assets, Carrying Amount

475,691

564,740

Cash and cash equivalents, Assets, Fair Value

475,691

564,740

Level 1 | 7 3/4% Senior Subordinated Notes, Due 2018

Carrying Amounts and Fair Values of Financial Instruments [Line Items]

Senior Subordinated Notes, Liabilities, Carrying Amount

1,600,000

Senior Subordinated Notes, Liabilities, Fair Value

1,708,000

Level 1 | 5 1/2% Senior Subordinated Notes, Due 2020

Carrying Amounts and Fair Values of Financial Instruments [Line Items]

Senior Subordinated Notes, Liabilities, Carrying Amount

550,000

Senior Subordinated Notes, Liabilities, Fair Value

558,000

540,000

Level 1 | 7 1/2% Senior Subordinated Notes, Due 2021

Carrying Amounts and Fair Values of Financial Instruments [Line Items]

Senior Subordinated Notes, Liabilities, Carrying Amount

500,000

Senior Subordinated Notes, Liabilities, Fair Value

550,000

536,000

Level 2 | Accrued Liabilities

Carrying Amounts and Fair Values of Financial Instruments [Line Items]

Interest rate swap agreements, Liabilities, Carrying Amount

^[1]

6,200

6,950

Interest rate swap agreements, Liabilities, Fair Value

^[1]

6,200

6,950

Level 2 | Other Non-Current Liabilities

Carrying Amounts and Fair Values of Financial Instruments [Line Items]

Interest rate swap agreements, Liabilities, Carrying Amount

^[2]

10,600

7,550

Interest rate swap agreements, Liabilities, Fair Value

^[2]

10,600

7,550

Level 2 | Term Loans

Carrying Amounts and Fair Values of Financial Instruments [Line Items]

Term loans, Liabilities, Carrying Amount

3,073,477

3,081,238

Term loans, Liabilities, Fair Value

$ 3,075,000

$ 3,065,000

[1]	Included in Accrued liabilities on the Condensed Consolidated Balance Sheet.
[2]	Included in Other non-current liabilities on the Condensed Consolidated Balance Sheet.

Fair Value Measurements - Additional Information (Detail)	Mar. 29, 2014
7 3/4% Senior Subordinated Notes, Due 2018
Carrying Amounts and Fair Values of Financial Instruments [Line Items]
Senior subordinate note, due date	2018
5 1/2% Senior Subordinated Notes, Due 2020
Carrying Amounts and Fair Values of Financial Instruments [Line Items]
Senior subordinate note, due date	2020
7 1/2% Senior Subordinated Notes, Due 2021
Carrying Amounts and Fair Values of Financial Instruments [Line Items]
Senior subordinate note, due date	2021

Derivatives and Hedging Activities - Additional Information (Detail) $ in Millions	6 Months Ended
	Mar. 29, 2014 USD ($)
Derivative [Line Items]
Derivative loss to be recognized	$ 3.3
New Senior Secured Credit Facility
Derivative [Line Items]
Interest rate swap, notional amount	$ 1,000.0
Fixed rate of interest under interest rate swap	5.40%
Interest rate swap agreements description	2.4% plus the 3% margin percentage
2013 Credit Facility
Derivative [Line Items]
Interest rate swap, notional amount	$ 353.0
Fixed rate of interest under interest rate swap	5.17%
Interest rate swap agreements description	2.17% plus the 3% margin percentage

Segment Information - Additional Information (Detail)	6 Months Ended
Segment Information - Additional Information (Detail)	Mar. 29, 2014 Segment
Segment Reporting Information [Line Items]
Number of reporting segments	3

Net Sales by Reportable Segment (Detail) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Mar. 29, 2014	Mar. 30, 2013	Mar. 29, 2014	Mar. 30, 2013
Segment Reporting Information [Line Items]
NET SALES	$ 590,761	$ 465,609	$ 1,120,083	$ 896,027
Power & Control
Segment Reporting Information [Line Items]
NET SALES	258,351	203,998	509,559	397,874
Airframe
Segment Reporting Information [Line Items]
NET SALES	308,221	236,310	562,887	451,230
Non-aviation
Segment Reporting Information [Line Items]
NET SALES	$ 24,189	$ 25,301	$ 47,637	$ 46,923

EBITDA Defined by Segment to Consolidated Income from Continuing Operations (Detail) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Mar. 29, 2014	Mar. 30, 2013	Mar. 29, 2014	Mar. 30, 2013
Segment Reporting, Reconciliation of Operating Income Segment to Consolidated [Line Items]
Earnings before interest taxes depreciation and amortization	$ 262,968	$ 219,272	$ 506,525	$ 420,168
Depreciation and amortization	25,881	16,321	49,720	33,773
INTEREST EXPENSE - Net	82,289	64,094	163,142	126,970
Acquisition-related costs	10,435	1,708	15,352	5,175
Stock compensation expense	8,158	7,131	12,333	14,262
REFINANCING COSTS		30,281		30,281
INCOME BEFORE INCOME TAXES	136,205	99,737	265,978	209,707
Operating Segments
Segment Reporting, Reconciliation of Operating Income Segment to Consolidated [Line Items]
Earnings before interest taxes depreciation and amortization	268,658	225,592	517,218	431,951
Operating Segments \| Power & Control
Segment Reporting, Reconciliation of Operating Income Segment to Consolidated [Line Items]
Earnings before interest taxes depreciation and amortization	132,640	109,196	261,624	212,315
Operating Segments \| Airframe
Segment Reporting, Reconciliation of Operating Income Segment to Consolidated [Line Items]
Earnings before interest taxes depreciation and amortization	130,917	110,635	245,387	209,441
Operating Segments \| Non-aviation
Segment Reporting, Reconciliation of Operating Income Segment to Consolidated [Line Items]
Earnings before interest taxes depreciation and amortization	5,101	5,761	10,207	10,195
Corporate, Non-Segment
Segment Reporting, Reconciliation of Operating Income Segment to Consolidated [Line Items]
Unallocated corporate expenses	$ 5,690	$ 6,320	$ 10,693	$ 11,783

Total Assets by Segment (Detail) - USD ($) $ in Thousands	Mar. 29, 2014	Sep. 30, 2013
Total Assets By Segment [Line Items]
Total assets	$ 6,399,338	$ 6,148,879
Corporate
Total Assets By Segment [Line Items]
Total assets	552,296	658,764
Operating Segments \| Power & Control
Total Assets By Segment [Line Items]
Total assets	2,447,270	2,398,469
Operating Segments \| Airframe
Total Assets By Segment [Line Items]
Total assets	3,267,864	2,958,974
Operating Segments \| Non-aviation
Total Assets By Segment [Line Items]
Total assets	$ 131,908	$ 132,672

Supplemental Condensed Consolidating Balance Sheet (Detail) - USD ($) $ in Thousands	Mar. 29, 2014	Sep. 30, 2013	Mar. 30, 2013	Sep. 30, 2012
Supplemental Guarantor Information [Line Items]
Cash and cash equivalents	$ 475,691	$ 564,740	$ 680,024	$ 440,524
Trade accounts receivable - Net	342,379	290,449
Inventories - Net	458,463	413,581
Deferred income taxes	28,607	30,182
Prepaid expenses and other	22,877	21,543
Total current assets	1,328,017	1,320,495
PROPERTY, PLANT AND EQUIPMENT - Net	208,713	208,964
GOODWILL	3,531,184	3,343,907
TRADEMARKS AND TRADE NAMES	512,241	485,690
OTHER INTANGIBLE ASSETS - Net	735,839	703,800
DEBT ISSUE COSTS - Net	66,925	72,668
OTHER	16,419	13,355
TOTAL ASSETS	6,399,338	6,148,879
Current portion of long-term debt	31,045	31,045
Accounts payable	95,150	106,768
Accrued liabilities	226,283	184,687
Total current liabilities	352,478	322,500
LONG-TERM DEBT	5,692,432	5,700,193
DEFERRED INCOME TAXES	403,988	384,301
OTHER NON-CURRENT LIABILITIES	76,069	78,266
Total liabilities	6,524,967	6,485,260
STOCKHOLDERS' (DEFICIT) EQUITY	(125,629)	(336,381)
TOTAL LIABILITIES AND STOCKHOLDERS' (DEFICIT) EQUITY	6,399,338	6,148,879
TransDigm Group
Supplemental Guarantor Information [Line Items]
Cash and cash equivalents	550	1,313	15,116	20,100
Total current assets	550	1,313
INVESTMENT IN SUBSIDIARIES AND INTERCOMPANY BALANCES	(126,179)	(337,694)
TOTAL ASSETS	(125,629)	(336,381)
STOCKHOLDERS' (DEFICIT) EQUITY	(125,629)	(336,381)
TOTAL LIABILITIES AND STOCKHOLDERS' (DEFICIT) EQUITY	(125,629)	(336,381)
TransDigm Inc.
Supplemental Guarantor Information [Line Items]
Cash and cash equivalents	434,302	536,863	650,225	406,891
Trade accounts receivable - Net	19,593	16,332
Inventories - Net	28,753	26,353
Deferred income taxes	28,607	30,182
Prepaid expenses and other	8,487	7,533
Total current assets	519,742	617,263
INVESTMENT IN SUBSIDIARIES AND INTERCOMPANY BALANCES	5,554,270	5,206,201
PROPERTY, PLANT AND EQUIPMENT - Net	15,944	15,471
GOODWILL	59,814	67,245
TRADEMARKS AND TRADE NAMES	19,377	19,377
OTHER INTANGIBLE ASSETS - Net	21,411	22,130
DEBT ISSUE COSTS - Net	66,570	72,668
OTHER	2,659	2,633
TOTAL ASSETS	6,259,787	6,022,988
Current portion of long-term debt	31,045	31,045
Accounts payable	12,251	14,353
Accrued liabilities	96,957	80,313
Total current liabilities	140,253	125,711
LONG-TERM DEBT	5,692,432	5,700,193
DEFERRED INCOME TAXES	404,286	384,301
OTHER NON-CURRENT LIABILITIES	30,994	32,474
Total liabilities	6,267,965	6,242,679
STOCKHOLDERS' (DEFICIT) EQUITY	(8,178)	(219,691)
TOTAL LIABILITIES AND STOCKHOLDERS' (DEFICIT) EQUITY	6,259,787	6,022,988
Subsidiary Guarantors
Supplemental Guarantor Information [Line Items]
Cash and cash equivalents	367	7,900	4,641	4,494
Trade accounts receivable - Net	278,082	251,272
Inventories - Net	380,698	359,518
Prepaid expenses and other	9,992	10,693
Total current assets	669,139	629,383
INVESTMENT IN SUBSIDIARIES AND INTERCOMPANY BALANCES	2,776,176	2,527,374
PROPERTY, PLANT AND EQUIPMENT - Net	167,068	178,193
GOODWILL	3,305,893	3,192,519
TRADEMARKS AND TRADE NAMES	449,706	434,066
OTHER INTANGIBLE ASSETS - Net	667,013	663,881
OTHER	11,683	10,520
TOTAL ASSETS	8,046,678	7,635,936
Accounts payable	69,586	82,661
Accrued liabilities	84,015	88,204
Total current liabilities	153,601	170,865
OTHER NON-CURRENT LIABILITIES	44,648	45,748
Total liabilities	198,249	216,613
STOCKHOLDERS' (DEFICIT) EQUITY	7,848,429	7,419,323
TOTAL LIABILITIES AND STOCKHOLDERS' (DEFICIT) EQUITY	8,046,678	7,635,936
Non-Guarantor Subsidiaries
Supplemental Guarantor Information [Line Items]
Cash and cash equivalents	28,675	18,664	$ 10,042	$ 9,039
Trade accounts receivable - Net	47,466	24,567
Inventories - Net	49,712	28,633
Prepaid expenses and other	4,398	3,317
Total current assets	130,251	75,181
INVESTMENT IN SUBSIDIARIES AND INTERCOMPANY BALANCES	82,739	77,853
PROPERTY, PLANT AND EQUIPMENT - Net	25,701	15,300
GOODWILL	165,477	84,143
TRADEMARKS AND TRADE NAMES	43,158	32,247
OTHER INTANGIBLE ASSETS - Net	48,875	19,249
DEBT ISSUE COSTS - Net	355
OTHER	2,073	201
TOTAL ASSETS	498,629	304,174
Accounts payable	16,075	11,481
Accrued liabilities	45,311	16,170
Total current liabilities	61,386	27,651
DEFERRED INCOME TAXES	(298)
OTHER NON-CURRENT LIABILITIES	427	44
Total liabilities	61,515	27,695
STOCKHOLDERS' (DEFICIT) EQUITY	437,114	276,479
TOTAL LIABILITIES AND STOCKHOLDERS' (DEFICIT) EQUITY	498,629	304,174
Eliminations
Supplemental Guarantor Information [Line Items]
Cash and cash equivalents	11,797
Trade accounts receivable - Net	(2,762)	(1,722)
Inventories - Net	(700)	(923)
Total current assets	8,335	(2,645)
INVESTMENT IN SUBSIDIARIES AND INTERCOMPANY BALANCES	(8,287,006)	(7,473,734)
OTHER INTANGIBLE ASSETS - Net	(1,460)	(1,460)
OTHER	4	1
TOTAL ASSETS	(8,280,127)	(7,477,838)
Accounts payable	(2,762)	(1,727)
Total current liabilities	(2,762)	(1,727)
Total liabilities	(2,762)	(1,727)
STOCKHOLDERS' (DEFICIT) EQUITY	(8,277,365)	(7,476,111)
TOTAL LIABILITIES AND STOCKHOLDERS' (DEFICIT) EQUITY	$ (8,280,127)	$ (7,477,838)

Supplemental Condensed Consolidating Statement of Income and Comprehensive Income (Detail) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Mar. 29, 2014	Mar. 30, 2013	Mar. 29, 2014	Mar. 30, 2013
Supplemental Guarantor Information [Line Items]
NET SALES	$ 590,761	$ 465,609	$ 1,120,083	$ 896,027
COST OF SALES	283,179	206,299	528,365	398,170
GROSS PROFIT	307,582	259,310	591,718	497,857
SELLING AND ADMINISTRATIVE EXPENSES	71,488	55,463	128,615	110,624
AMORTIZATION OF INTANGIBLE ASSETS	17,600	9,735	33,983	20,275
INCOME (LOSS) FROM OPERATIONS	218,494	194,112	429,120	366,958
INTEREST EXPENSE - Net	82,289	64,094	163,142	126,970
REFINANCING COSTS		30,281		30,281
INCOME BEFORE INCOME TAXES	136,205	99,737	265,978	209,707
INCOME TAX PROVISION (BENEFIT)	45,850	31,800	89,500	67,600
Net income	90,355	67,937	176,478	142,107
OTHER COMPREHENSIVE INCOME (LOSS), NET OF TAX	(826)	(9,325)	5,885	(7,487)
TOTAL COMPREHENSIVE INCOME	$ 89,529	$ 58,612	182,363	134,620
TransDigm Group
Supplemental Guarantor Information [Line Items]
EQUITY IN INCOME OF SUBSIDIARIES			(176,478)	(142,107)
INCOME BEFORE INCOME TAXES			176,478	142,107
Net income			176,478	142,107
OTHER COMPREHENSIVE INCOME (LOSS), NET OF TAX			5,885	(7,487)
TOTAL COMPREHENSIVE INCOME			182,363	134,620
TransDigm Inc.
Supplemental Guarantor Information [Line Items]
NET SALES			59,065	52,286
COST OF SALES			35,692	30,361
GROSS PROFIT			23,373	21,925
SELLING AND ADMINISTRATIVE EXPENSES			29,740	31,641
AMORTIZATION OF INTANGIBLE ASSETS			694	312
INCOME (LOSS) FROM OPERATIONS			(7,061)	(10,028)
INTEREST EXPENSE - Net			162,134	125,152
REFINANCING COSTS				30,281
EQUITY IN INCOME OF SUBSIDIARIES			(275,926)	(236,038)
INCOME BEFORE INCOME TAXES			106,731	70,577
INCOME TAX PROVISION (BENEFIT)			(69,747)	(71,530)
Net income			176,478	142,107
OTHER COMPREHENSIVE INCOME (LOSS), NET OF TAX			(343)	(545)
TOTAL COMPREHENSIVE INCOME			176,135	141,562
Subsidiary Guarantors
Supplemental Guarantor Information [Line Items]
NET SALES			975,281	789,907
COST OF SALES			432,613	331,306
GROSS PROFIT			542,668	458,601
SELLING AND ADMINISTRATIVE EXPENSES			84,867	70,430
AMORTIZATION OF INTANGIBLE ASSETS			31,118	19,084
INCOME (LOSS) FROM OPERATIONS			426,683	369,087
INTEREST EXPENSE - Net			94	1,243
INCOME BEFORE INCOME TAXES			426,589	367,844
INCOME TAX PROVISION (BENEFIT)			153,204	136,836
Net income			273,385	231,008
OTHER COMPREHENSIVE INCOME (LOSS), NET OF TAX			1,018	(1,790)
TOTAL COMPREHENSIVE INCOME			274,403	229,218
Non-Guarantor Subsidiaries
Supplemental Guarantor Information [Line Items]
NET SALES			90,395	57,361
COST OF SALES			64,941	39,693
GROSS PROFIT			25,454	17,668
SELLING AND ADMINISTRATIVE EXPENSES			14,008	8,553
AMORTIZATION OF INTANGIBLE ASSETS			2,171	879
INCOME (LOSS) FROM OPERATIONS			9,275	8,236
INTEREST EXPENSE - Net			914	575
INCOME BEFORE INCOME TAXES			8,361	7,661
INCOME TAX PROVISION (BENEFIT)			6,043	2,294
Net income			2,318	5,367
OTHER COMPREHENSIVE INCOME (LOSS), NET OF TAX			5,111	(5,152)
TOTAL COMPREHENSIVE INCOME			7,429	215
Eliminations
Supplemental Guarantor Information [Line Items]
NET SALES			(4,658)	(3,527)
COST OF SALES			(4,881)	(3,190)
GROSS PROFIT			223	(337)
INCOME (LOSS) FROM OPERATIONS			223	(337)
EQUITY IN INCOME OF SUBSIDIARIES			452,404	378,145
INCOME BEFORE INCOME TAXES			(452,181)	(378,482)
Net income			(452,181)	(378,482)
OTHER COMPREHENSIVE INCOME (LOSS), NET OF TAX			(5,786)	7,487
TOTAL COMPREHENSIVE INCOME			$ (457,967)	$ (370,995)

Supplemental Condensed Consolidating Statement of Cash Flows (Detail) - USD ($) $ in Thousands	6 Months Ended
	Mar. 29, 2014	Mar. 30, 2013
Supplemental Guarantor Information [Line Items]
NET CASH PROVIDED BY (USED IN) OPERATING ACTIVITIES	$ 220,488	$ 197,289
Capital expenditures	(17,709)	(16,316)
Cash proceeds from sale of real estate	16,380
Acquisition of business, net of cash acquired	(311,016)	(8,367)
Cash proceeds from sale of investment		10,500
Net cash (used in) provided by investing activities	(312,345)	(14,183)
Excess tax benefits related to share-based payment arrangements	10,698	40,044
Proceeds from exercise of stock options	9,422	12,919
Dividends paid	(9,625)	(702,406)
Proceeds from 2013 credit facility-net		2,191,127
Repayment on 2013 credit facility	(7,761)	(5,500)
Proceeds from 2011 credit facility-net		147,360
Other	(78)
Repayment on 2011 credit facility		(2,169,125)
Proceeds from senior subordinated notes due 2020-net		542,000
Net cash provided by (used in) financing activities	2,656	56,419
EFFECT OF EXCHANGE RATE CHANGES ON CASH AND CASH EQUIVALENTS	152	(25)
NET (DECREASE) INCREASE IN CASH AND CASH EQUIVALENTS	(89,049)	239,500
CASH AND CASH EQUIVALENTS, BEGINNING OF PERIOD	564,740	440,524
CASH AND CASH EQUIVALENTS, END OF PERIOD	475,691	680,024
TransDigm Group
Supplemental Guarantor Information [Line Items]
Intercompany activities	(11,258)	644,459
Excess tax benefits related to share-based payment arrangements	10,698	40,044
Proceeds from exercise of stock options	9,422	12,919
Dividends paid	(9,625)	(702,406)
Net cash provided by (used in) financing activities	(763)	(4,984)
NET (DECREASE) INCREASE IN CASH AND CASH EQUIVALENTS	(763)	(4,984)
CASH AND CASH EQUIVALENTS, BEGINNING OF PERIOD	1,313	20,100
CASH AND CASH EQUIVALENTS, END OF PERIOD	550	15,116
TransDigm Inc.
Supplemental Guarantor Information [Line Items]
NET CASH PROVIDED BY (USED IN) OPERATING ACTIVITIES	(74,534)	(55,398)
Capital expenditures	(1,573)	(1,105)
Acquisition of business, net of cash acquired	(311,016)	(8,367)
Cash proceeds from sale of investment		10,500
Net cash (used in) provided by investing activities	(312,589)	1,028
Intercompany activities	292,401	(408,158)
Proceeds from 2013 credit facility-net		2,191,127
Repayment on 2013 credit facility	(7,761)	(5,500)
Proceeds from 2011 credit facility-net		147,360
Other	(78)
Repayment on 2011 credit facility		(2,169,125)
Proceeds from senior subordinated notes due 2020-net		542,000
Net cash provided by (used in) financing activities	284,562	297,704
NET (DECREASE) INCREASE IN CASH AND CASH EQUIVALENTS	(102,561)	243,334
CASH AND CASH EQUIVALENTS, BEGINNING OF PERIOD	536,863	406,891
CASH AND CASH EQUIVALENTS, END OF PERIOD	434,302	650,225
Subsidiary Guarantors
Supplemental Guarantor Information [Line Items]
NET CASH PROVIDED BY (USED IN) OPERATING ACTIVITIES	279,875	240,872
Capital expenditures	(14,669)	(14,308)
Cash proceeds from sale of real estate	16,380
Net cash (used in) provided by investing activities	1,711	(14,308)
Intercompany activities	(289,119)	(226,417)
Net cash provided by (used in) financing activities	(289,119)	(226,417)
NET (DECREASE) INCREASE IN CASH AND CASH EQUIVALENTS	(7,533)	147
CASH AND CASH EQUIVALENTS, BEGINNING OF PERIOD	7,900	4,494
CASH AND CASH EQUIVALENTS, END OF PERIOD	367	4,641
Non-Guarantor Subsidiaries
Supplemental Guarantor Information [Line Items]
NET CASH PROVIDED BY (USED IN) OPERATING ACTIVITIES	21,275	4,885
Capital expenditures	(1,467)	(903)
Net cash (used in) provided by investing activities	(1,467)	(903)
Intercompany activities	(9,949)	(2,954)
Net cash provided by (used in) financing activities	(9,949)	(2,954)
EFFECT OF EXCHANGE RATE CHANGES ON CASH AND CASH EQUIVALENTS	152	(25)
NET (DECREASE) INCREASE IN CASH AND CASH EQUIVALENTS	10,011	1,003
CASH AND CASH EQUIVALENTS, BEGINNING OF PERIOD	18,664	9,039
CASH AND CASH EQUIVALENTS, END OF PERIOD	28,675	10,042
Eliminations
Supplemental Guarantor Information [Line Items]
NET CASH PROVIDED BY (USED IN) OPERATING ACTIVITIES	(6,128)	6,930
Intercompany activities	17,925	(6,930)
Net cash provided by (used in) financing activities	17,925	$ (6,930)
NET (DECREASE) INCREASE IN CASH AND CASH EQUIVALENTS	11,797
CASH AND CASH EQUIVALENTS, END OF PERIOD	$ 11,797