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SEGMENT INFORMATION (Tables)

6 Months Ended

Mar. 30, 2024

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
			March 30, 2024						April 1, 2023						March 30, 2024						April 1, 2023
Net Sales:
U.S. Consumer			$	1,379.8					$	1,357.4					$	1,686.5					$	1,726.3
Hawthorne			66.4						92.7						146.6						224.2
Other			79.2						81.4						102.7						107.6
Consolidated			$	1,525.4					$	1,531.5					$	1,935.8					$	2,058.1
Segment Profit (Loss):
U.S. Consumer			$	385.7					$	397.4					$	370.3					$	428.7
Hawthorne			(3.4)						(16.8)						(13.0)						(33.0)
Other			6.4						14.6						1.2						16.0
Total Segment Profit			388.7						395.2						358.5						411.7
Corporate			(35.7)						(42.1)						(61.7)						(74.0)
Intangible asset amortization			(3.9)						(6.4)						(7.9)						(14.1)
Impairment, restructuring and other			(77.0)						(140.5)						(64.1)						(159.2)
Equity in loss of unconsolidated affiliates			(7.0)						(7.3)						(29.5)						(18.7)
Interest expense			(44.1)						(48.3)						(86.8)						(91.0)
Other non-operating income (expense), net			(1.2)						(0.8)						(2.9)						0.8
Income before income taxes			$	219.8					$	149.8					$	105.6					$	55.5

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

			Three Months Ended												Six Months Ended
			March 30, 2024						April 1, 2023						March 30, 2024						April 1, 2023
U.S. Consumer:
Growing media and mulch			$	591.5					$	517.2					$	663.5					$	614.3
Lawn care			509.8						534.3						628.6						679.7
Controls			137.1						134.6						190.5						192.8
Roundup® marketing agreement			64.6						70.7						88.0						91.0
Other, primarily gardening			76.8						100.6						115.9						148.5
Hawthorne:
Lighting			16.1						18.1						48.0						68.4
Nutrients			24.6						24.4						41.2						47.2
Growing media			10.2						18.5						21.4						36.3
Growing environments			6.3						16.0						17.8						41.5
Other, primarily hardware			9.2						15.7						18.2						30.8
Other:
Growing media			23.3						24.9						36.5						40.3
Lawn care			31.5						29.7						33.8						32.3
Other, primarily gardening and controls			24.4						26.8						32.4						35.0
Total net sales			$	1,525.4					$	1,531.5					$	1,935.8					$	2,058.1

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

			Three Months Ended												Six Months Ended
			March 30, 2024						April 1, 2023						March 30, 2024						April 1, 2023
Net sales:
United States			$	1,441.7					$	1,447.2					$	1,807.5					$	1,912.2
International			83.7						84.3						128.3						145.9
			$	1,525.4					$	1,531.5					$	1,935.8					$	2,058.1

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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
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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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No definition available.

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