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SEGMENT INFORMATION (Tables)

6 Months Ended

Apr. 02, 2022

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 2, 2022						April 3, 2021						April 2, 2022						April 3, 2021
Net Sales:
U.S. Consumer			$	1,379.8					$	1,374.0					$	1,722.2					$	1,782.2
Hawthorne			202.6						363.8						393.2						673.2
Other			96.0						91.0						128.9						122.0
Consolidated			$	1,678.4					$	1,828.8					$	2,244.3					$	2,577.4
Segment Profit (Loss):
U.S. Consumer			$	428.9					$	435.9					$	439.6					$	481.2
Hawthorne			3.3						41.4						(2.0)						81.8
Other			10.5						17.6						11.8						17.6
Total Segment Profit			442.7						494.9						449.4						580.6
Corporate			(39.1)						(48.1)						(70.5)						(82.7)
Intangible asset amortization			(10.4)						(7.8)						(19.3)						(15.2)
Impairment, restructuring and other			(5.3)						(14.9)						(7.1)						(24.6)
Equity in loss of unconsolidated affiliates			(6.5)						(1.5)						(13.8)						(1.5)
Interest expense			(28.3)						(19.3)						(52.1)						(35.4)
Other non-operating income, net			1.9						0.9						3.7						16.1
Income from continuing operations before income taxes			$	355.0					$	404.2					$	290.3					$	437.3

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

			Three Months Ended												Six Months Ended
			April 2, 2022						April 3, 2021						April 2, 2022						April 3, 2021
U.S. Consumer:
Growing media and mulch			$	542.0					$	532.4					$	622.0					$	622.4
Lawn care			536.1						530.3						659.9						696.3
Controls			141.9						142.2						196.7						204.7
Roundup® marketing agreement			63.9						63.8						84.7						81.1
Other			95.9						105.3						158.9						177.7
Hawthorne:
Nutrients			45.1						80.1						81.0						141.2
Lighting			42.6						108.5						91.4						223.8
Growing environments			42.4						65.5						88.4						121.3
Growing media			40.8						58.4						70.7						94.0
Other, primarily hardware			31.7						51.3						61.7						92.9
Other:
Lawn care			36.6						34.4						39.2						39.2
Growing media			27.9						27.9						42.9						44.7
Other, primarily gardening and controls			31.5						28.7						46.8						38.1
Total net sales			$	1,678.4					$	1,828.8					$	2,244.3					$	2,577.4

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

			Three Months Ended												Six Months Ended
			April 2, 2022						April 3, 2021						April 2, 2022						April 3, 2021
Net sales:
United States			$	1,575.5					$	1,711.2					$	2,082.2					$	2,391.7
International			102.9						117.6						162.1						185.7
			$	1,678.4					$	1,828.8					$	2,244.3					$	2,577.4

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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=123359005&loc=d3e8736-108599

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
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-URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8813-108599

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-Publisher FASB
-Name Accounting Standards Codification
-Topic 350
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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

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- References

No definition available.

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