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SEGMENT INFORMATION (Tables)
12 Months Ended
Sep. 30, 2024
Segment Reporting [Abstract]  
Segment Financial Information
The following tables present financial information for the Company’s reportable segments for the periods indicated:
Year Ended September 30,
202420232022
Net Sales:
U.S. Consumer$3,013.7 $2,843.7 $2,928.8 
Hawthorne294.7 467.3 716.2 
Other244.3 240.3 279.1 
Consolidated$3,552.7 $3,551.3 $3,924.1 
Segment Profit (Loss):
U.S. Consumer$498.0 $454.1 $568.6 
Hawthorne(14.2)(48.1)(21.1)
Other4.7 12.4 20.2 
Total Segment Profit488.5 418.4 567.7 
Corporate(117.7)(101.6)(112.4)
Intangible asset amortization(15.7)(25.2)(37.1)
Impairment, restructuring and other(146.3)(466.0)(852.2)
Equity in loss of unconsolidated affiliates(68.1)(101.1)(12.9)
Interest expense(158.8)(178.1)(118.1)
Other non-operating income (expense), net(5.5)0.3 6.9 
Loss before income taxes$(23.6)$(453.3)$(558.1)
Depreciation and amortization:
U.S. Consumer$56.2 $58.2 $55.8 
Hawthorne
16.7 25.8 34.8 
Other5.9 5.6 7.0 
Corporate1.8 2.9 7.6 
$80.6 $92.5 $105.2 
Capital expenditures:
U.S. Consumer$81.5 $79.6 $97.4 
Hawthorne— 8.5 12.4 
Other2.5 4.7 3.7 
$84.0 $92.8 $113.5 
September 30,
20242023
Total assets:
U.S. Consumer$2,022.7 $2,296.2 
Hawthorne387.3 581.6 
Other189.3 189.8 
Corporate272.6 346.1 
Consolidated$2,871.9 $3,413.7 
Net sales by product category
The following table presents net sales by product category for the periods indicated:
Year Ended September 30,
202420232022
U.S. Consumer:
Growing media and mulch$1,310.6 $1,223.7 $1,192.6 
Lawn care929.6 897.4 973.6 
Controls414.6 362.9 382.2 
Roundup® marketing agreement
162.4 138.7 132.3 
Other, primarily gardening196.5 221.0 248.1 
Hawthorne:
Lighting108.2 165.9 200.0 
Nutrients87.2 105.3 148.0 
Growing media37.3 67.5 119.0 
Growing environment27.7 72.5 143.7 
Other, primarily hardware34.3 56.1 105.5 
Other:
Growing media91.3 93.0 96.6 
Lawn care80.2 75.8 92.9 
Other, primarily gardening and controls72.8 71.5 89.6 
Total net sales$3,552.7 $3,551.3 $3,924.1 
Percentages of Largest Customers Consolidated Net Sales
The Company’s two largest customers accounted for the following percentages of net sales for the fiscal years ended September 30: 
Percentage of Net Sales
202420232022
The Home Depot30 %29 %28 %
Lowe’s18 %18 %15 %
Net Sales and Long-lived Assets by Geographic Area
The following table presents net sales by geographic area for the periods indicated:
Year Ended September 30,
202420232022
Net sales:
United States$3,247.8 $3,209.5 $3,554.6 
International304.9 341.8 369.5 
$3,552.7 $3,551.3 $3,924.1 
The following table presents long-lived assets (property, plant and equipment and finite-lived intangibles) by geographic area: 
September 30,
20242023
Long-lived assets:
United States$630.5 $644.4 
International73.9 78.7 
$704.4 $723.1