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Permanent Equity
 12 Months Ended
Sep. 30, 2012
Permanent Equity

(14) Permanent Equity

Accumulated Other Comprehensive Income

Amounts recorded in AOCI in the accompanying Consolidated Statements of Permanent Equity and Comprehensive Income (Loss) consist of the following components:

 

    Unrealized
Investment
Gains, net		     Non-credit
Related
Other-than-
temporary
Impairments		     Other
Unrealized
Gains (Losses)
— Cash Flow
Hedges		     Actuarial
Adjustments
to Pension
Plans		     Cumulative
Translation
Adjustments		     Total  

Balances at September 30, 2009

   $ —        $ —        $ 851      $ (190 )    $ 5,907      $ 6,568   

Gross change before reclassification adjustment

     —          —          (15,621 )      (29,141 )      11,511        (33,251 ) 

Net reclassification adjustment for losses (gains) included in earnings

     —          —          6,356        1,355        —          7,711   
 

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

  

Gross change after reclassification adjustment

     —          —          (9,265 )      (27,786 )      11,511        (25,540 ) 

Deferred tax effect

     —          —          2,775        8,904        1,085        12,764   

Deferred tax valuation allowance

     —          —          (116 )      (2,763 )      481        (2,398 ) 

Noncontrolling interest

     —          —          1,276        8,084        (12,682 )      (3,322 ) 
 

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

  

Net adjustment to AOCI

     —          —          (5,330 )      (13,561 )      395        (18,496 ) 

Noncontrolling interest recapitalization adjustment

     —          —          1,342        1,347        4,044        6,733   
 

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

  

Balances at September 30, 2010

   $ —        $ —        $ (3,137 )    $ (12,404 )    $ 10,346      $ (5,195 ) 

Gross change before reclassification adjustment

     420,929        500        (5,992 )      (7,609 )      (12,857 )      394,971   

Net reclassification adjustment for losses (gains) included in earnings

     (3,861 )      —          13,422        8        —          9,569   
 

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

  

Gross change after reclassification adjustment

     417,068        500        7,430        (7,601 )      (12,857 )      404,540   

Intangible assets adjustment

     (172,057 )      (206 )      —          —          —          (172,263 ) 

Deferred tax effect

     (85,709 )      (103 )      (2,671 )      2,037        2,742        (83,704 ) 

Deferred tax valuation allowance

     —          —          (331 )      3,529        (492 )      2,706   

Noncontrolling interest

     —          —          (2,128 )      373        5,436        3,681   
 

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

  

Net adjustment to AOCI

     159,302        191        2,300        (1,662 )      (5,171 )      154,960   

Change in noncontrolling interest

     —          —          132        278        (727 )      (317 ) 
 

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

  

Balances at September 30, 2011

   $ 159,302      $ 191      $ (705 )    $ (13,788 )    $ 4,448      $ 149,448   

Gross change before reclassification adjustment

     906,473        (1,529 )      (1,824 )      (15,452 )      (8,602 )      879,066   

Net reclassification adjustment for losses (gains) included in earnings

     (263,948 )      —          3,097        927        —          (259,924 ) 
 

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

  

Gross change after reclassification adjustment

     642,525        (1,529 )      1,273        (14,525 )      (8,602 )      619,142   

Intangible assets adjustment

     (218,454 )      586        —          —          —          (217,868 ) 

Deferred tax effect

     (148,469 )      330        (636 )      3,632        —          (145,143 ) 

Deferred tax valuation allowance

     —          —          908        (782 )      —          126   

Noncontrolling interest

     —          —          (736 )      5,074        4,182        8,520   
 

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

  

Net adjustment to AOCI

     275,602        (613 )      809        (6,601 )      (4,420 )      264,777   

Change in noncontrolling interest

     —          —          21        (917 )      (157 )      (1,053 ) 
 

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

  

Balances at September 30, 2012

   $ 434,904      $ (422 )    $ 125      $ (21,306 )    $ (129 )    $ 413,172   
 

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

  

Cumulative components at September 30, 2012:

  

          

Gross amounts (after reclassification adjustments)

   $ 1,059,593      $ (1,029 )    $ 305      $ (39,937 )    $ (3,722 )    $ 1,015,210   

Intangible assets adjustments

     (390,511 )      380        —          —          —          (390,131 ) 

Tax effects

     (234,178 )      227        (87 )      4,392        3,497        (226,149 ) 

Noncontrolling interest

     —          —          (93 )      14,239        96        14,242   
 

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

  
  $ 434,904      $ (422 )    $ 125      $ (21,306 )    $ (129 )    $ 413,172   
 

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

  

Cumulative components at September 30, 2011:

  

          

Gross amounts (after reclassification adjustments)

   $ 417,068      $ 500      $ (968 )    $ (25,412 )    $ 4,880      $ 396,068   

Intangible assets adjustments

     (172,057 )      (206 )      —          —          —          (172,263 ) 

Tax effects

     (85,709 )      (103 )      (359 )      1,542        3,497        (81,132 ) 

Noncontrolling interest

     —          —          622        10,082        (3,929 )      6,775   
 

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

  
  $ 159,302      $ 191      $ (705 )    $ (13,788 )    $ 4,448      $ 149,448   
 

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

  

 

Restricted Net Assets of Subsidiaries

HGI’s equity in restricted net assets of consolidated subsidiaries was approximately $1,709,008 as of September 30, 2012, representing 145% of HGI’s consolidated stockholders’ equity as of September 30, 2012 and consisted of net assets of FGL and Spectrum Brands, less noncontrolling interest, which were restricted as to transfer to HGI in the form of cash dividends, loans or advances under regulatory or debt covenant restrictions.