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Segment Data | 9 Months Ended
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Jul. 01, 2012
Segment Data [Abstract] |
Segment Data | (18) Segment Data The Company follows the accounting guidance which establishes standards for reporting information about operating segments in interim and annual financial statements. The Company’s reportable business segments are organized in a manner that reflects how HGI’s management views those business activities. Accordingly, the Company currently operates its business in two major reporting segments: (i) consumer products through Spectrum Brands and (ii) insurance through FGL (see Note 1 for additional information). Segment information is as follows:
|  | Three Month Period Ended |  |  | Nine Month Period Ended |
|  | July 1, 2012 |  |  | July 3, 2011 |  |  | July 1, 2012 |  |  | July 3, 2011 |
Revenues: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Consumer products |  | $ | 824,803 |  |  | $ | 804,635 |  |  | $ | 2,419,859 |  |  | $ | 2,359,586 |
Insurance |  |  | 186,218 |  |  |  | 229,655 |  |  |  | 862,583 |  |  |  | 229,655 |
Other financial services |  |  | 1,655 |  |  |  | — |  |  |  | 2,084 |  |  |  | — |
Intersegment elimination |  |  | (516 | ) |  |  | — |  |  |  | (663 | ) |  |  | — |
Consolidated revenues |  | $ | 1,012,160 |  |  | $ | 1,034,290 |  |  | $ | 3,283,863 |  |  | $ | 2,589,241 |
Operating income (loss): |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Consumer products |  | $ | 95,188 |  |  | $ | 78,767 |  |  | $ | 234,138 |  |  | $ | 195,125 |
Insurance |  |  | (442 | ) |  |  | 49,761 |  |  |  | 92,423 |  |  |  | 49,761 |
Other financial services |  |  | 435 |  |  |  | — |  |  |  | (200 | ) |  |  | — |
Intersegment elimination |  |  | (516 | ) |  |  | — |  |  |  | (663 | ) |  |  | — |
Total segments |  |  | 94,665 |  |  |  | 128,528 |  |  |  | 325,698 |  |  |  | 244,886 |
Corporate expenses (a) |  |  | (13,262 | ) |  |  | (8,012 | ) |  |  | (36,571 | ) |  |  | (37,247 | )
Consolidated operating income |  |  | 81,403 |  |  |  | 120,516 |  |  |  | 289,127 |  |  |  | 207,639 |
Interest expense |  |  | (54,447 | ) |  |  | (51,904 | ) |  |  | (194,417 | ) |  |  | (192,650 | )
(Increase) decrease in fair value of equity conversion feature of preferred stock |  |  | (125,540 | ) |  |  | 5,960 |  |  |  | (124,010 | ) |  |  | 5,960 |
Bargain purchase gain from business acquisition |  |  | — |  |  |  | 158,341 |  |  |  | — |  |  |  | 158,341 |
Gain on contingent purchase price reduction |  |  | — |  |  |  | — |  |  |  | 41,000 |  |  |  | — |
Other income (expense), net |  |  | (17,446 | ) |  |  | 1,126 |  |  |  | (25,947 | ) |  |  | 1,089 |
Consolidated income (loss) from continuing operations before income taxes |  | $ | (116,030 | ) |  | $ | 234,039 |  |  | $ | (14,247 | ) |  | $ | 180,379 |
|  | July 1, 2012 |  |  | September 30, 2011 |
Total assets: |  |  |  |  |  |  |  |
Consumer products |  | $ | 3,776,174 |  |  | $ | 3,626,706 |
Insurance |  |  | 20,317,765 |  |  |  | 19,347,961 |
Other financial services |  |  | 88,286 |  |  |  | — |
Intersegment elimination |  |  | (65,983 | ) |  |  | — |
Total segments |  |  | 24,116,242 |  |  |  | 22,974,667 |
Corporate assets |  |  | 465,107 |  |  |  | 616,221 |
Consolidated total assets |  | $ | 24,581,349 |  |  | $ | 23,590,888 |
(a) | Included in corporate expenses for the three and nine month periods ended July 1, 2012 are $809 and $2,524, respectively, for start-up costs relating to Front Street and $473 and $3,054, respectively, relating to acquisitions and other projects. For the three and nine month periods ended July 3, 2011, there were $1,900 and $3,600, respectively, for start-up costs related to Front Street and $3,400 and $26,500, respectively, for acquisitions and other projects included in corporate expenses.

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- Definition The entire disclosure for reporting segments including data and tables. Reportable segments include those that meet any of the following quantitative thresholds a) it's reported revenue, including sales to external customers and intersegment sales or transfers is 10 percent or more of the combined revenue, internal and external, of all operating segments b) the absolute amount of its reported profit or loss is 10 percent or more of the greater, in absolute amount of 1) the combined reported profit of all operating segments that did not report a loss or 2) the combined reported loss of all operating segments that did report a loss c) its assets are 10 percent or more of the combined assets of all operating segments. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 29 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8864-108599 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8906-108599 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 32 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8933-108599 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 35 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8984-108599 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8380-108599 Reference 6: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 10 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8538-108599 Reference 7: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 42 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e9054-108599 Reference 8: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 12 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8595-108599 Reference 9: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Statement of Financial Accounting Standard (FAS) -Number 131 -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 10: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 34 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8981-108599 Reference 11: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 33 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8971-108599 Reference 12: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 26 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8844-108599 Reference 13: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 31 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8924-108599 Reference 14: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 40 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e9031-108599 Reference 15: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 41 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e9038-108599 + Details
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