XML 19 R33.htm IDEA: XBRL DOCUMENT v2.4.0.6
Stock Compensation (Tables)
9 Months Ended
Jul. 01, 2012
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]  
Consolidated stock compensation expense
                                 
    Three Month Period Ended     Nine Month Period Ended  
    July 1, 2012     July 3, 2011     July 1, 2012     July 3, 2011  

Stock compensation expense

  $ 5,247     $ 8,557     $ 17,060     $ 22,903  

Related tax benefit

    1,591       2,985       5,558       7,985  

Noncontrolling interest

    1,240       2,522       4,469       6,748  
   

 

 

   

 

 

   

 

 

   

 

 

 

Net

  $ 2,416     $ 3,050     $ 7,033     $ 8,170  
   

 

 

   

 

 

   

 

 

   

 

 

 
HGI [Member]
 
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]  
Assumptions used in the determination of grant date fair values using the Black-Scholes option pricing model
     
    2012

Risk-free interest rate

  0.98% - 1.19%

Assumed dividend yield

  —  

Expected option term

  6 years

Volatility

  33% - 35%
Summary of outstanding stock-based awards and options
                         

Stock Option Awards

  Options     Weighted
Average
Exercise Price
    Weighted Average
Grant Date Fair
Value
 

HGI stock options outstanding at September 30, 2011

    143     $ 6.77     $ 2.54  

Granted

    2,215       4.85       1.73  

Exercised

    (8     3.33       1.29  

Forfeited or expired

    (125     7.01       2.64  
   

 

 

                 

HGI stock options outstanding at July 1, 2012

    2,225       4.86       1.73  
   

 

 

                 

Exercisable at July 1, 2012

    7       6.50       2.35  
   

 

 

                 

Vested or expected to vest at July 1, 2012

    2,225       4.86       1.73  
   

 

 

                 
Summary of non-vested outstanding restricted stock awards and restricted stock units
                 

Restricted Stock Awards

  Shares     Weighted
Average Grant
Date Fair Value
 

HGI restricted stock outstanding at September 30, 2011

    —       $ —    

Granted

    818       4.84  

Vested

    (9     4.61  

Forfeited

    —         —    
   

 

 

         

HGI restricted stock outstanding at July 1, 2012

    809       4.84  
   

 

 

         

Vested or expected to vest at July 1, 2012

    809       4.84  
   

 

 

         

 

                 

Restricted Stock Units

  Units     Weighted
Average Grant
Date Fair Value
 

HGI restricted stock units outstanding at September 30, 2011

    —       $ —    

Granted

    22       4.61  

Vested

    (4     4.61  

Forfeited

    —         —    
   

 

 

         

HGI restricted stock units outstanding at July 1, 2012

    18       4.61  
   

 

 

         

Vested or expected to vest at July 1, 2012

    18       4.61  
   

 

 

         
Spectrum Brands [Member]
 
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]  
Summary of non-vested outstanding restricted stock awards and restricted stock units
                 

Restricted Stock Awards

  Shares     Weighted
Average Grant
Date Fair Value
 

Spectrum Brands restricted stock awards at September 30, 2011

    123     $ 24.20  

Vested

    (110     23.75  
   

 

 

         

Spectrum Brands restricted stock awards at July 1, 2012

    13       28.00  
   

 

 

         

 

                 

Restricted Stock Units

  Units     Weighted
Average Grant
Date Fair Value
 

Spectrum Brands restricted stock units at September 30, 2011

    1,645     $ 28.97  

Granted

    759       27.35  

Vested

    (396     28.72  

Forfeited

    (53     28.08  
   

 

 

         

Spectrum Brands restricted stock units at July 1, 2012

    1,955       28.41  
   

 

 

         
FGL [Member]
 
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]  
Assumptions used in the determination of grant date fair values using the Black-Scholes option pricing model
     
    2012

Risk-free interest rate

  0.8%

Assumed dividend yield

  10.0%

Expected option term

  4.5 years

Volatility

  35.0%
Summary of outstanding stock-based awards and options
                         

Stock Option Awards

  Options     Weighted
Average
Exercise Price
    Weighted
Average Grant
Date Fair Value
 

FGL stock options outstanding at September 30, 2011

    —       $ —       $ —    

Granted

    207       38.20       3.90  

Exercised

    —         —         —    

Forfeited or expired

    (6     38.14       3.90  
   

 

 

                 

FGL stock options outstanding at July 1, 2012

    201       38.20       3.90  
   

 

 

                 

Exercisable at July 1, 2012

    —         —         —    
   

 

 

                 

Vested or expected to vest at July 1, 2012

    161       38.20       3.90