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SEGMENT INFORMATION (Tables)

9 Months Ended

Jul. 01, 2023

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 1, 2023						July 2, 2022						July 1, 2023						July 2, 2022
Net Sales:
U.S. Consumer			$	916.4					$	904.5					$	2,642.7					$	2,626.7
Hawthorne			93.4						154.5						317.6						547.7
Other			108.9						127.1						216.5						256.0
Consolidated			$	1,118.7					$	1,186.1					$	3,176.8					$	3,430.4
Segment Profit (Loss):
U.S. Consumer			$	124.8					$	181.1					$	553.5					$	620.7
Hawthorne			(8.7)						4.1						(41.7)						2.0
Other			5.8						10.9						21.8						22.7
Total Segment Profit			121.9						196.1						533.6						645.4
Corporate			(3.4)						(25.2)						(77.4)						(95.7)
Intangible asset amortization			(6.7)						(9.2)						(20.8)						(28.5)
Impairment, restructuring and other			(34.5)						(724.2)						(193.7)						(731.3)
Equity in income of unconsolidated affiliates			22.2						15.1						3.5						1.3
Interest expense			(47.1)						(31.0)						(138.1)						(83.1)
Other non-operating income (expense), net			(0.4)						1.7						0.2						5.4
Income (loss) before income taxes			$	52.0					$	(576.7)					$	107.3					$	(286.5)

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

			Three Months Ended												Nine Months Ended
			July 1, 2023						July 2, 2022						July 1, 2023						July 2, 2022
U.S. Consumer:
Growing media and mulch			$	552.9					$	488.7					$	1,167.2					$	1,110.7
Lawn care			165.0						219.0						844.7						878.9
Controls			113.7						102.2						306.5						298.9
Roundup® marketing agreement			30.7						30.8						121.7						115.5
Other, primarily gardening			54.1						63.8						202.6						222.7
Hawthorne:
Lighting			20.7						37.5						89.1						128.9
Nutrients			27.3						37.6						74.5						118.6
Growing environments			13.1						27.9						54.6						116.3
Growing media			17.3						25.6						53.6						96.3
Other, primarily hardware			15.0						25.9						45.8						87.6
Other:
Growing media			44.3						45.9						84.6						88.8
Lawn care			37.0						46.6						69.3						85.8
Other, primarily gardening and controls			27.6						34.6						62.6						81.4
Total net sales			$	1,118.7					$	1,186.1					$	3,176.8					$	3,430.4

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

			Three Months Ended												Nine Months Ended
			July 1, 2023						July 2, 2022						July 1, 2023						July 2, 2022
Net sales:
United States			$	1,008.3					$	1,051.0					$	2,920.5					$	3,133.2
International			110.4						135.1						256.3						297.2
			$	1,118.7					$	1,186.1					$	3,176.8					$	3,430.4

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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
-Name Accounting Standards Codification
-Topic 350
-SubTopic 20
-Section 50
-Paragraph 1
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147482573/350-20-50-1

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 25
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147482810/280-10-50-25

Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 22
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147482810/280-10-50-22

Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 30
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147482810/280-10-50-30

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- References

No definition available.

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