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Debt | 3 Months Ended
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Jan. 01, 2012
Debt [Abstract] |
Debt | (7) Debt The Company’s consolidated debt consists of the following:
|  | January 1, 2012 |  |  | September 30, 2011 |
|  | Amount |  |  | Rate |  |  | Amount |  |  | Rate |
HGI: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
10.625% Senior Secured Notes, due November 15, 2015 |  | $ | 500,000 |  |  |  | 10.625 | % |  | $ | 500,000 |  |  |  | 10.625 | %
Spectrum Brands: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Term loan, due June 17, 2016 |  |  | 523,873 |  |  |  | 5.1 | % |  |  | 525,237 |  |  |  | 5.1 | %
9.5% Senior Secured Notes, due June 15, 2018 |  |  | 950,000 |  |  |  | 9.5 | % |  |  | 750,000 |  |  |  | 9.5 | %
12% Notes, due August 28, 2019 |  |  | 245,031 |  |  |  | 12.0 | % |  |  | 245,031 |  |  |  | 12.0 | %
ABL Revolving Credit Facility, expiring April 21, 2016 |  |  | 11,400 |  |  |  | 4.5 | % |  |  | — |  |  |  | 2.5 | %
Other notes and obligations |  |  | 20,377 |  |  |  | 11.0 | % |  |  | 19,333 |  |  |  | 10.5 | %
Capitalized lease obligations |  |  | 24,469 |  |  |  | 6.2 | % |  |  | 24,911 |  |  |  | 6.2 | %
|  |  | 2,275,150 |  |  |  |  |  |  |  | 2,064,512 |  |  |  |  |
Original issuance premiums (discounts) on debt, net |  |  | 1,614 |  |  |  |  |  |  |  | (15,732 | ) |  |  |  |
Less current maturities |  |  | 23,356 |  |  |  |  |  |  |  | 16,090 |  |  |  |  |
Long-term debt - Consumer Products and Other |  | $ | 2,253,408 |  |  |  |  |  |  | $ | 2,032,690 |  |  |  |  |
FGL: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Note payable - Insurance |  | $ | — |  |  |  |  |  |  | $ | 95,000 |  |  |  |  |
Spectrum Brands In December 2011, Spectrum Brands amended its term loan (the “Term Loan”). The aggregate incremental amount by which Spectrum Brands, subject to compliance with financial covenants and certain other conditions, may increase the amount of the commitment under the term loan has been increased from $100,000 to $250,000. Certain covenants in respect to indebtedness and liens were amended to provide for dollar limits more favorable to Spectrum Brands and, subject to compliance with financial covenants and certain other conditions, to allow for the incurrence of incremental unsecured indebtedness. In November 2011, Spectrum Brands completed the offering of $200,000 aggregate principal amount of 9.5% Senior Secured Notes (the “9.5% Notes”) at a price of 108.5% of the par value; these notes are in addition to the $750,000 aggregate principal amount of 9.5% Notes that were already outstanding. The additional notes are guaranteed by Spectrum Brands’ existing and future domestic restricted subsidiaries and secured by liens on substantially all of their assets. In connection with the Term Loan amendment and the 9.5% Note offering, Spectrum Brands recorded $557 and $3,463, respectively, of fees during the three month period ended January 1, 2012. The fees are classified as “Deferred charges and other assets” in the accompanying Condensed Consolidated Balance Sheet as of January 1, 2012 and are being amortized to interest expense utilizing the effective interest method over the respective terms of the debt. In connection with the Term Loan amendment, Spectrum Brands also recorded cash charges of $501 as an increase to interest expense during the three month period ended January 1, 2012. As a result of borrowings and payments under the ABL Revolving Credit Facility at January 1, 2012, Spectrum Brands had aggregate borrowing availability of approximately $133,412, net of lender reserves of $38,934 and outstanding letters of credit of $28,804. FGL The $95,000 note payable of FGL was settled at face value (without the payment of interest) in October 2011 in connection with the closing of the Raven springing amendment and the replacement of the reserve facility discussed in Note 9.

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- Definition The entire disclosure for information about short-term and long-term debt arrangements, which includes amounts of borrowings under each line of credit, note payable, commercial paper issue, bonds indenture, debenture issue, own-share lending arrangements and any other contractual agreement to repay funds, and about the underlying arrangements, rationale for a classification as long-term, including repayment terms, interest rates, collateral provided, restrictions on use of assets and activities, whether or not in compliance with debt covenants, and other matters important to users of the financial statements, such as the effects of refinancing and noncompliance with debt covenants. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.19,20,22) -URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Statement of Financial Accounting Standard (FAS) -Number 129 -Paragraph 2, 4 -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy. Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 02 -Paragraph 19, 20, 22 -Article 5 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=6928386&loc=d3e21475-112644 + Details
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