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Related Party Transactions | 9 Months Ended
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Jun. 30, 2019
Related Party Transactions [Abstract] |
Related Party Transactions | Related Party Transactions On January 28, 2019, the Company completed the Auto Care Acquisition from Spectrum, which included stock consideration of 5.3 million shares of Energizer common stock. As of June 30, 2019, Spectrum owns 7.7% of the Company's outstanding common shares. Refer to Note 12 Shareholders' Equity for additional discussion on the common shares issued to Spectrum. Following the completion of the Battery and Auto Care Acquisitions, the Company and Spectrum have entered into transition service agreements (TSA) and reverse TSA. Under the agreements, Energizer and Spectrum will provide each other certain specified back office support services on a transitional basis, including among other things, payroll and other human resource services, information systems as well as accounting support. The charges for the transition services are generally intended to allow the providing company to fully recover the allocated direct costs of providing the services, plus all out-of-pocket costs and expenses, and including a nominal profit. Energizer anticipates that it will generally be in a position to complete the transition of most services on or before 12 months following the date of the acquisitions. For the quarter and nine months ended June 30, 2019, the Company incurred expense of $5.7 and $10.7 in SG&A, respectively, and $0.3 and $0.7 in COGS, respectively. The Company also recorded income of $0.7 and $0.8 in Other items, net related to the reverse transaction services agreements provided for the quarter and nine month period, respectively. Related to these agreements, the Company has a payable of $10.7 in Other current liabilities and a receivable of $18.9 in Other current assets to Spectrum as of June 30, 2019. The Company also entered into a supply agreement with Spectrum, ancillary to the Auto Care Acquisition that became effective upon the consummation of the acquisition. The supply agreement resulted in expense to the Company of $4.8 and $9.2 for the quarter and nine months ended June 30, 2019, respectively, and $0.2 in Accounts payable at June 30, 2019 related to these purchases. In addition, at June 30, 2019, the Company had open invoices payable to Spectrum for $0.4 related to construction in process at the Spectrum headquarters as well as $0.3 related to the IT project to clone their accounting system. In discontinued operations, the Company recorded income of $4.0 and $8.1 for reverse TSA, and recorded expense of $0.3 and $1.0 for the quarter and nine months ended June 30, 2019, respectively. In addition, there was a payable due to Spectrum of $10.9 recorded in Liabilities held for sale and a receivable from Spectrum of $4.8 recorded in Assets held for sale as of June 30, 2019.

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- Definition The entire disclosure for related party transactions. Examples of related party transactions include transactions between (a) a parent company and its subsidiary; (b) subsidiaries of a common parent; (c) and entity and its principal owners; and (d) affiliates. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 850 -URI http://asc.fasb.org/topic&trid=2122745 + Details
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