XML 50 R34.htm IDEA: XBRL DOCUMENT v3.21.2

SEGMENT INFORMATION (Tables)

9 Months Ended

Jul. 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												Nine Months Ended
			July 3, 2021						June 27, 2020						July 3, 2021						June 27, 2020
Net Sales:
U.S. Consumer			$	1,046.2					$	1,093.0					$	2,828.4					$	2,371.7
Hawthorne			421.9						285.7						1,095.1						685.9
Other			141.6						114.0						263.7						183.7
Consolidated			$	1,609.7					$	1,492.7					$	4,187.2					$	3,241.3
Segment Profit:
U.S. Consumer			$	264.4					$	313.8					$	745.6					$	648.2
Hawthorne			51.9						37.8						133.7						74.2
Other			26.8						14.4						44.4						14.8
Total Segment Profit			343.1						366.0						923.7						737.2
Corporate			(31.9)						(57.8)						(114.6)						(120.7)
Intangible asset amortization			(7.8)						(7.8)						(23.0)						(23.6)
Impairment, restructuring and other			(1.3)						(15.9)						(25.9)						(17.3)
Equity in income of unconsolidated affiliates			21.5						—						20.0						—
Costs related to refinancing			—						—						—						(15.1)
Interest expense			(21.9)						(20.3)						(57.3)						(63.0)
Other non-operating income, net			1.2						1.9						17.3						7.3
Income from continuing operations before income taxes			$	302.9					$	266.1					$	740.2					$	504.8

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

			Three Months Ended												Nine Months Ended
			July 3, 2021						June 27, 2020						July 3, 2021						June 27, 2020
U.S. Consumer:
Growing media and mulch			$	573.9					$	549.8					$	1,196.3					$	1,011.4
Lawn care			224.6						277.3						920.9						779.3
Controls			115.1						132.9						319.8						276.7
Roundup® marketing agreement			46.9						39.2						128.0						102.2
Other, primarily gardening			85.7						93.8						263.4						202.1
Hawthorne:
Lighting			126.7						89.1						350.5						209.8
Nutrients			100.0						65.0						232.9						156.9
Growing media			57.9						43.6						151.9						108.9
Other, primarily hardware and growing environments			137.3						88.0						359.8						210.3
Other:
Growing media			57.3						47.4						102.0						72.1
Lawn care			48.5						36.9						87.7						61.2
Other, primarily gardening and controls			35.8						29.7						74.0						50.4
Total net sales			$	1,609.7					$	1,492.7					$	4,187.2					$	3,241.3

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

			Three Months Ended												Nine Months Ended
			July 3, 2021						June 27, 2020						July 3, 2021						June 27, 2020
Net sales:
United States			$	1,446.9					$	1,338.0					$	3,838.6					$	2,977.2
International			162.8						154.7						348.6						264.1
			$	1,609.7					$	1,492.7					$	4,187.2					$	3,241.3

X

- 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=123359005&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=123359005&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=123359005&loc=d3e8906-108599

+ Details

Name:	us-gaap_ScheduleOfSegmentReportingInformationBySegmentTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- References

No definition available.

+ Details

Name:	us-gaap_SegmentReportingAbstract
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration