XML 52 R39.htm IDEA: XBRL DOCUMENT v3.19.2
Acquisition - Narrative (Details) - USD ($)
 3 Months Ended 9 Months Ended
Jan. 28, 2019
Jan. 02, 2019
Nov. 15, 2018
Jul. 02, 2018
Jun. 30, 2019
Mar. 31, 2019
Sep. 30, 2018
Jun. 30, 2018
Jun. 30, 2019
Jun. 30, 2018
Jan. 31, 2019
Jan. 31, 2018
Jan. 15, 2018
Business Acquisition [Line Items]                          
Payments to acquire business                 $ 2,453,800,000 $ 0      
Inventory adjustment         $ 5,000,000.0     $ 0 27,500,000 (26,500,000)      
Inventory fair value adjustment         11,200,000       11,200,000        
Cost to sell                 107,200,000        
Acquisition and integration costs               15,900,000          
Pre-tax gain related to favorable movement in escrowed restricted cash                 (9,000,000.0) (9,900,000)      
Settlement of acquired business hedging contracts         0     0 1,500,000 0      
Earnings related to transition service agreements         700,000     0 800,000 0      
Tax withholding costs related to anticipated cash movement to fund acquisition         500,000       6,000,000.0        
Divestment Business                          
Business Acquisition [Line Items]                          
Decrease in goodwill         (50,000,000.0)                
Segment Reconciling Items                          
Business Acquisition [Line Items]                          
Acquisition and integration costs         28,000,000.0     15,900,000 159,900,000 41,000,000.0      
Interest and other financing items         (51,900,000)     (14,300,000) (111,700,000) (41,300,000)      
Cost of products sold                          
Business Acquisition [Line Items]                          
Inventory adjustment         6,500,000       33,700,000        
Acquisition and integration costs         12,400,000       44,100,000        
Selling, General and Administrative Expenses                          
Business Acquisition [Line Items]                          
Acquisition and integration costs         28,000,000.0       159,900,000 41,000,000.0      
Selling, General and Administrative Expenses | Segment Reconciling Items                          
Business Acquisition [Line Items]                          
Acquisition and integration costs         15,100,000     (22,400,000) 63,100,000 44,600,000      
Research and Development Expense                          
Business Acquisition [Line Items]                          
Acquisition and integration costs                 300,000        
Interest Expense                          
Business Acquisition [Line Items]                          
Interest and other financing items               $ 3,400,000 65,600,000 $ 6,300,000      
Other Items, Net                          
Business Acquisition [Line Items]                          
Pre-tax expenses         200,000                
Pre-tax income                 13,200,000        
Settlement of acquired business hedging contracts         1,500,000                
Spectrum Brands Holdings                          
Business Acquisition [Line Items]                          
Payments to acquire business   $ 2,000,000,000.0                      
Initial cash paid including estimated working capital adjustments   1,956,200,000                      
Cash consideration initially allocated to divested business   $ 400,000,000.0                      
Success fees                     $ 6,000,000.0 $ 2,000,000.0 $ 13,000,000.0
Inventory adjustment         0       14,200,000        
Inventory fair value adjustment         11,200,000       11,200,000        
Decrease in goodwill                 513,000,000.0        
Net sales         109,100,000       209,000,000.0        
Earnings before income taxes         6,100,000       (6,300,000)        
Spectrum Brands Holdings | Other Items, Net                          
Business Acquisition [Line Items]                          
Interest and other financing items                 (5,800,000)        
Pre-tax income                 13,200,000        
Spectrum Auto Care Acquisition                          
Business Acquisition [Line Items]                          
Payments to acquire business     $ 937,500,000                    
Initial cash paid including estimated working capital adjustments $ 938,700,000                        
Inventory adjustment         1,700,000 $ 19,500,000              
Decrease in goodwill                 702,900,000        
Acquisition purchase price     1,250,000,000.0                    
Newly-issued common stock in acquisition $ 5,300,000   $ 312,500,000                    
Newly-issued common stock in acquisition (in shares) 5,278,921                        
Fair value of equity consideration $ 240,500,000                        
Opening stock price (in dollars per share) $ 45.55                        
Additional consideration (in dollars per share) $ 36,800,000                        
Net sales         135,600,000       220,100,000        
Earnings before income taxes         13,600,000       16,400,000        
Spectrum Auto Care Acquisition | Pro Forma                          
Business Acquisition [Line Items]                          
Restructuring charges         7,600,000       14,700,000        
Spectrum Auto Care Acquisition | Cost of products sold                          
Business Acquisition [Line Items]                          
Inventory adjustment         6,500,000 $ 13,000,000.0     19,500,000        
Nu Finish Acquisition                          
Business Acquisition [Line Items]                          
Inventory adjustment             $ 200,000            
Acquisition purchase price       $ 38,100,000                  
Net sales         3,000,000.0       5,900,000        
Earnings before income taxes         600,000       $ 200,000        
Other intangible assets, net       $ 21,800,000                  
Foreign currency contracts | Not Designated as Hedging Instrument | Other Items, Net | Divestment Business                          
Business Acquisition [Line Items]                          
Loss related to hedge contract         $ 900,000