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SEGMENT INFORMATION (Tables)

6 Months Ended

Apr. 03, 2021

Segment Reporting [Abstract]

Summary of Segment Financial Information

The following tables present financial information for the Company’s reportable segments for the periods indicated:

			Three Months Ended												Six Months Ended
			April 3, 2021						March 28, 2020						April 3, 2021						March 28, 2020
Net Sales:
U.S. Consumer			$	1,374.0					$	1,113.2					$	1,782.2					$	1,278.6
Hawthorne			363.8						219.5						673.2						400.3
Other			91.0						50.1						122.0						69.7
Consolidated			$	1,828.8					$	1,382.8					$	2,577.4					$	1,748.6
Segment Profit:
U.S. Consumer			$	435.9					$	374.6					$	481.2					$	334.6
Hawthorne			41.4						23.8						81.8						36.3
Other			17.6						4.0						17.6						0.4
Total Segment Profit			494.9						402.4						580.6						371.3
Corporate			(48.1)						(36.9)						(82.7)						(63.0)
Intangible asset amortization			(7.8)						(8.1)						(15.2)						(15.8)
Impairment, restructuring and other			(14.9)						(3.7)						(24.6)						(1.4)
Equity in loss of unconsolidated affiliates			(1.5)						—						(1.5)						—
Costs related to refinancing			—						—						—						(15.1)
Interest expense			(19.3)						(22.7)						(35.4)						(42.7)
Other non-operating income, net			0.9						2.8						16.1						5.4
Income from continuing operations before income taxes			$	404.2					$	333.8					$	437.3					$	238.7

The following table presents net sales by product category for the periods indicated:

			Three Months Ended												Six Months Ended
			April 3, 2021						March 28, 2020						April 3, 2021						March 28, 2020
U.S. Consumer:
Growing media and mulch			$	532.4					$	416.8					$	622.4					$	461.6
Lawn care			530.3						451.2						696.3						502.0
Controls			142.2						115.0						204.7						143.8
Roundup® marketing agreement			63.8						54.1						81.1						63.0
Other, primarily gardening			105.3						76.1						177.7						108.2
Hawthorne:
Lighting			108.5						59.9						223.8						120.7
Nutrients			76.0						54.3						132.9						91.9
Growing media			58.4						39.8						94.0						65.3
Other, primarily hardware and growing environments			120.9						65.5						222.5						122.4
Other:
Growing media			27.9						13.5						44.7						24.7
Lawn care			34.4						20.9						39.2						24.3
Other, primarily gardening and controls			28.7						15.7						38.1						20.7
Total net sales			$	1,828.8					$	1,382.8					$	2,577.4					$	1,748.6

The following table presents net sales by geographic area for the periods indicated:

			Three Months Ended												Six Months Ended
			April 3, 2021						March 28, 2020						April 3, 2021						March 28, 2020
Net sales:
United States			$	1,711.2					$	1,318.8					$	2,391.7					$	1,639.2
International			117.6						64.0						185.7						109.4
			$	1,828.8					$	1,382.8					$	2,577.4					$	1,748.6

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- Definition

Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 22
-URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8736-108599

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 25
-URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8813-108599

Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 350
-SubTopic 20
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=121556970&loc=d3e13816-109267

Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 30
-URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8906-108599

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- References

No definition available.

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