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Stock Compensation Stock Compensation (Tables)

12 Months Ended

Sep. 30, 2015

Sep. 30, 2014

Share-based Compensation Arrangement by Share-based Payment Award [Line Items]

Disclosure of Share-based Compensation Arrangements by Share-based Payment Award [Table Text Block]

The following assumptions were used in the determination of these fair values using the Black-Scholes option pricing model and based on the value of FGH's common stock:

		2015		2014
Weighted average stock option fair value		$74.99		$50.63
FGH common stock fair value		$122.02		$98.28
FGL common stock value		$24.54		$21.35
Risk-free interest rate		0.48%-0.74%		0.65%-1.02%
Assumed dividend yield		1.16%		1.20%
Expected option term		1.50 - 2.25 years		2.00-2.75 years
Volatility		25.0%		25.0%

Summary of Stock Options Outstanding and Related Activity

A summary of stock options outstanding as of September 30, 2015 and related activity during the year then ended, under HRG, FGH and FGL’s respective incentive plans are as follows (option amounts in thousands):

		HRG											FGH							FGL
Stock Option Awards		Options			Weighted Average Exercise Price				Weighted Average Grant Date Fair Value				Options			Weighted Average Exercise Price				Options			Weighted Average Exercise Price
Stock options outstanding at September 30, 2014		4,624			$	8.14			$	3.28			225			$	46.19			242			$	17.00
Granted		977			13.20				5.14				—			—				206			24.40
Exercised		(623	)		6.66				2.59				(137	)		46.89				(113	)		17.00
Forfeited or expired		(208	)		10.92				4.45				(1	)		49.45				(18	)		20.73
Stock options outstanding at September 30, 2015		4,770			9.25				3.70				87			45.04				317			21.60
Stock options vested and exercisable at September 30, 2015		2,358			8.19				3.26				61			45.01				111			22.04
Stock options outstanding and expected to vest		2,412			10.30				4.14				25			49.65				199			21.32

Summary of Restricted Stock and Restricted Stock Units Outstanding and Related Activity

		HRG							FGL
Restricted Stock Awards		Shares			Weighted Average Grant Date Fair Value				Shares			Weighted Average Grant Date Fair Value
Nonvested restricted stock outstanding at September 30, 2014		5,438			$	9.75			172			$	18.18
Granted		1,885			13.36				325			23.66
Exercised / Released		(2,710	)		8.92				(231	)		21.60
Forfeited		(343	)		11.44				(20	)		21.67
Restricted stock units released as restricted stock awards		13			11.74				—			—
Nonvested restricted stock outstanding at September 30, 2015		4,283			11.74				246			21.92

		HRG							Spectrum Brands							FGH
Restricted Stock Units		Units			Weighted Average Grant Date Fair Value				Units			Weighted Average Grant Date Fair Value				Units			Weighted Average Grant Date Fair Value
Restricted stock units outstanding at September 30, 2014		7			$	11.84			827			$	67.66			26			$	49.55
Granted		48			12.46				573			92.51				—			—
Exercised / Released		(13	)		12.54				(730	)		69.00				(14	)		49.55
Forfeited		—			—				(62	)		85.16				(1	)		49.57
Restricted stock units outstanding at September 30, 2015		42			12.46				608							11			49.57

		FGL
Performance Restricted Stock Units		Units			Weighted Average Grant Date Fair Value
Performance restricted stock units outstanding at September 30, 2014		578			$	17.37
Granted, including 8 additional units based on 2014 financial performance		54			19.68
Vested		(45	)		17.00
Forfeited		(72	)		17.00
Nonvested performance restricted stock units outstanding at September 30, 2015		515			17.69

A summary of warrants outstanding as of September 30, 2015 and related activity during the year then ended, under HRG's incentive plan are as follows (share amounts in thousands):

		HRG
Warrants		Units			Weighted Average Exercise Price				Weighted Average Grant Date Fair Value
Warrants outstanding at September 30, 2014		3,000			$	13.13			$	3.22
Forfeited		(1,200	)		13.13				3.22
Warrants outstanding at September 30, 2015		1,800			13.13				3.22
Warrants vested and exercisable at September 30, 2015		—			—				—
Warrants outstanding and expected to vest		1,800			13.13				3.22

Summary of the Activity Related to the Incentive Unit Plan

A summary of the activity related to the incentive unit plan was as follows (share amounts in thousands):

		Shares			Weighted average grant date fair value per share
Non-vested awards at September 30, 2014		270			$	8.67
Granted		662			4.33
Vested		(322	)		5.98
Terminated		(43	)		4.33
Non-vested awards at September 30, 2015		568			$	5.19

HGI

Share-based Compensation Arrangement by Share-based Payment Award [Line Items]

Assumptions Used in Determination of Grant Date Fair Values Using Black-Scholes Option Pricing Model

The following assumptions were used in the determination of these grant date fair values using the Black-Scholes option pricing model:

	2015		2014		2013
Risk-free interest rate	1.57% to 1.87%		1.37% to 1.70%		0.84% to 1.86%
Assumed dividend yield	—%		—%		—%
Expected option term	5.0 to 6.5 years		5.0 to 5.9 years		5.3 to 6.2 years
Volatility	36.3% to 39.0%		37.8% to 39.8%		41.9% to 44.0%

Spectrum Brands [Member]

Share-based Compensation Arrangement by Share-based Payment Award [Line Items]

Assumptions Used in Determination of Grant Date Fair Values Using Black-Scholes Option Pricing Model

The following assumptions were used in the determination of the grant date fair values using the Black-Scholes option pricing model for the former Chief Executive Officer’s modified stock options and based on the value of FGL’s common stock:

	2015
Weighted average fair value per option granted	$2.53
Risk-free interest rate	0.2%
Assumed dividend yield	1.2%
Expected option term	0.75 years
Volatility	25%

X

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