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Stock Compensation (Tables) | 6 Months Ended
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Mar. 31, 2015
Share-based Compensation Arrangement by Share-based Payment Award [Line Items] |
Fair Value, Measurement Inputs, Disclosure [Text Block] | 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 | 1.18%
Expected option term | 0.75 years
Volatility | 25%
The fair values of restricted stock and restricted stock unit awards are determined based on the market price of FGL's common stock on the grant date. The fair value of stock options awarded by FGL during the six months ended March 31, 2015 and March 31, 2014 is determined using the 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
Weighted average fair value per option granted | $5.02 |  | $3.76
Risk-free interest rate | 1.4% |  | 1.4%
Assumed dividend yield | 1.2% |  | 1.5%
Expected option term | 4.5 years |  | 4.5 years
Volatility | 25% |  | 25%
Share-based Compensation Arrangement by Share-based Payment Award, Options, Vested and Expected to Vest, Outstanding and Exercisable [Table Text Block] | A summary of warrants outstanding as of March 31, 2015 and related activity during the six months 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 |
Warrants outstanding at March 31, 2015 |  | 3,000 |  |  | 13.13 |  |  | 3.22 |
Warrants vested and exercisable at March 31, 2015 |  | 1,200 |  |  | 13.13 |  |  | 3.22 |
Warrants outstanding and expected to vest |  | 1,800 |  |  | 13.13 |  |  | 3.22 |
Summary of Stock Options Outstanding and Related Activity | A summary of stock options outstanding as of March 31, 2015 and related activity during the six months then ended, under HRG, Fidelity & Guaranty Life Holdings, Inc. ("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 |  | 822 |  |  | 13.36 |  |  | 5.25 |  |  | — |  |  | — |  |  | 182 |  |  | 24.87 |
Exercised |  | (306 | ) |  | 6.32 |  |  | 2.41 |  |  | (47 | ) |  | 43.36 |  |  | (3 | ) |  | 17.00 |
Forfeited or expired |  | (35 | ) |  | 10.38 |  |  | 4.29 |  |  | (1 | ) |  | 49.45 |  |  | (12 | ) |  | 20.08 |
Stock options outstanding at March 31, 2015 |  | 5,105 |  |  | 9.08 |  |  | 3.65 |  |  | 177 |  |  | 46.94 |  |  | 409 |  |  | 20.35 |
Stock options vested and exercisable at March 31, 2015 |  | 2,462 |  |  | 7.93 |  |  | 3.16 |  |  | 149 |  |  | 46.45 |  |  | 221 |  |  | 19.52 |
Stock options outstanding and expected to vest |  | 2,643 |  |  | 10.15 |  |  | 4.10 |  |  | 26 |  |  | 46.91 |  |  | 176 |  |  | 20.30 |
Summary of Restricted Stock and Restricted Stock Units Outstanding and Related Activity | A summary of restricted stock, restricted stock units and performance restricted stock units outstanding as of March 31, 2015 and related activity during the six months then ended, under HRG, Spectrum Brands, FGH and FGL’s respective incentive plans are as follows (share amounts in thousands):
|  | 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 |  |  | 298 |  |  | 23.81 |
Exercised / Released |  | (2,497 | ) |  | 8.76 |  |  | (228 | ) |  | 21.64 |
Forfeited |  | (40 | ) |  | 11.92 |  |  | (13 | ) |  | 20.62 |
Restricted stock units released as restricted stock awards |  | 7 |  |  | 11.84 |  |  | — |  |  | — |
Nonvested restricted stock outstanding at March 31, 2015 |  | 4,793 |  |  | 11.67 |  |  | 229 |  |  | 21.96 |
|  | 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 |  | 6 |  |  | 13.36 |  |  | 529 |  |  | 90.43 |  |  | — |  |  | — |
Exercised / Released |  | (7 | ) |  | 11.84 |  |  | (704 | ) |  | 68.28 |  |  | (14 | ) |  | 49.45 |
Forfeited |  | — |  |  | — |  |  | (16 | ) |  | 84.13 |  |  | — |  |  | — |
Restricted stock units outstanding at March 31, 2015 |  | 6 |  |  | 13.36 |  |  | 636 |  |  | 85.50 |  |  | 12 |  |  | 49.68 |
|  | 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 |  | 40 |  |  | 20.36 |
Vested |  | (45 | ) |  | 17.00 |
Forfeited |  | (72 | ) |  | 17.00 |
Nonvested performance restricted stock units outstanding at March 31, 2015 |  | 501 |  |  | 17.69 |
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 for options awarded using the Black-Scholes option pricing model:
| 2015 |  | 2014
Risk-free interest rate | 1.58% to 1.87% |  | 1.46% to 1.75%
Assumed dividend yield | —% |  | —%
Expected option term | 5.0 to 6.5 years |  | 5.3 to 6.0 years
Volatility | 38.0% to 39.0% |  | 41.2%

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- Definition The entire disclosure of the fair value measurement of assets and liabilities, which includes financial instruments measured at fair value that are classified in shareholders' equity, which may be measured on a recurring or nonrecurring basis. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=36462937&loc=d3e19279-110258 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=36462937&loc=d3e19190-110258 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=36462937&loc=d3e19207-110258 + Details
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- Definition Tabular disclosure of the number and weighted-average exercise prices (or conversion ratios) for share options (or share units) that were outstanding at the beginning and end of the year, vested and expected to vest, exercisable or convertible at the end of the year, and the number of share options or share units that were granted, exercised or converted, forfeited, and expired during the year. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (c)(1) -URI http://asc.fasb.org/extlink&oid=6415400&loc=d3e5070-113901 + Details
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- Definition Tabular disclosure of the number of fully vested share options (or share units) and share options expected to vest at the date of the latest statement of financial position, weighted-average exercise price (or conversion ratio), aggregate intrinsic value (except for nonpublic entities), and weighted-average remaining contractual term for both options (or share units) currently outstanding and options (or share units) exercisable (or convertible). + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (e) -URI http://asc.fasb.org/extlink&oid=6415400&loc=d3e5070-113901 + Details
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