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SEGMENT INFORMATION (Tables)

9 Months Ended

Jul. 02, 2022

Segment Reporting [Abstract]

Summary of Segment Financial Information

The following table presents financial information for the Company’s reportable segments for the periods indicated:

			Three Months Ended												Nine Months Ended
			July 2, 2022						July 3, 2021						July 2, 2022						July 3, 2021
Net Sales:
U.S. Consumer			$	904.5					$	1,046.2					$	2,626.7					$	2,828.4
Hawthorne			154.5						421.9						547.7						1,095.1
Other			127.1						141.6						256.0						263.7
Consolidated			$	1,186.1					$	1,609.7					$	3,430.4					$	4,187.2
Segment Profit:
U.S. Consumer			$	181.1					$	264.4					$	620.7					$	745.6
Hawthorne			4.1						51.9						2.0						133.7
Other			10.9						26.8						22.7						44.4
Total Segment Profit			196.1						343.1						645.4						923.7
Corporate			(25.2)						(31.9)						(95.7)						(114.6)
Intangible asset amortization			(9.2)						(7.8)						(28.5)						(23.0)
Impairment, restructuring and other			(724.2)						(1.3)						(731.3)						(25.9)
Equity in income of unconsolidated affiliates			15.1						21.5						1.3						20.0
Interest expense			(31.0)						(21.9)						(83.1)						(57.3)
Other non-operating income, net			1.7						1.2						5.4						17.3
Income (loss) from continuing operations before income taxes			$	(576.7)					$	302.9					$	(286.5)					$	740.2

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

			Three Months Ended												Nine Months Ended
			July 2, 2022						July 3, 2021						July 2, 2022						July 3, 2021
U.S. Consumer:
Growing media and mulch			$	488.7					$	573.9					$	1,110.7					$	1,196.3
Lawn care			219.0						224.6						878.9						920.9
Controls			102.2						115.1						298.9						319.8
Roundup® marketing agreement			30.8						46.9						115.5						128.0
Other			63.8						85.7						222.7						263.4
Hawthorne:
Lighting			37.5						126.7						128.9						350.5
Nutrients			37.6						104.5						118.6						245.7
Growing environments			27.9						78.8						116.3						200.1
Growing media			25.6						57.9						96.3						151.9
Other, primarily hardware			25.9						54.0						87.6						146.9
Other:
Growing media			45.9						57.3						88.8						102.0
Lawn care			46.6						48.5						85.8						87.7
Other, primarily gardening and controls			34.6						35.8						81.4						74.0
Total net sales			$	1,186.1					$	1,609.7					$	3,430.4					$	4,187.2

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

			Three Months Ended												Nine Months Ended
			July 2, 2022						July 3, 2021						July 2, 2022						July 3, 2021
Net sales:
United States			$	1,051.0					$	1,446.9					$	3,133.2					$	3,838.6
International			135.1						162.8						297.2						348.6
			$	1,186.1					$	1,609.7					$	3,430.4					$	4,187.2

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 https://asc.fasb.org/extlink&oid=126901519&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 https://asc.fasb.org/extlink&oid=126901519&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 https://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 https://asc.fasb.org/extlink&oid=126901519&loc=d3e8906-108599

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- References

No definition available.

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