XML 70 R3.htm IDEA: XBRL DOCUMENT v3.2.0.727
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Millions
 3 Months Ended 9 Months Ended
Jun. 30, 2015
Jun. 30, 2014
Jun. 30, 2015
Jun. 30, 2014
Document Fiscal Year Focus     2015  
Revenues:        
Net consumer and other product sales $ 1,249.7 $ 1,133.2 $ 3,425.0 $ 3,255.5
Oil and natural gas 24.3 37.6 84.6 112.3
Insurance premiums 17.8 13.3 44.0 42.0
Net investment income 231.6 210.9 687.4 618.5
Net investment gains 5.7 184.6 53.8 367.4
Insurance and investment product fees and other 24.4 19.8 68.6 54.9
Total revenues 1,553.5 1,599.4 4,363.4 4,450.6
Operating costs and expenses:        
Cost of consumer products and other goods sold 791.3 714.9 2,210.3 2,096.4
Oil and natural gas direct operating costs 22.3 17.7 66.1 50.9
Benefits and other changes in policy reserves 56.3 265.1 493.0 696.3
Selling, acquisition, operating and general expenses 395.6 332.2 1,113.5 978.4
Asset Impairment Charges 113.9 (0.3) 613.4 82.5
Amortization of intangibles 99.6 40.7 149.6 121.5
Total operating costs and expenses 1,479.0 1,370.3 4,645.9 4,026.0
Operating income (loss) 74.5 229.1 (282.5) 424.6
Interest expense (154.0) (77.9) (320.1) (239.1)
Gain (loss) from the change in the fair value of the equity conversion feature of preferred stock   38.0   (12.7)
Gain on contingent purchase price reduction 3.0   8.5 0.5
Other income (expense), net 36.8 6.0 223.3 (10.5)
(Loss) income from continuing operations before income taxes (39.7) 195.2 (370.8) 162.8
Income tax expense 1.7 53.7 14.5 78.7
Net (loss) income (41.4) 141.5 (385.3) 84.1
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest [Abstract]        
Less: Net income attributable to noncontrolling interest 34.2 43.2 28.4 88.1
Net (loss) income attributable to controlling interest (75.6) 98.3 (413.7) (4.0)
Less: Preferred stock dividends and accretion   49.3   73.6
Net (loss) income attributable to common and participating preferred stockholders $ (75.6) $ 49.0 $ (413.7) $ (77.6)
Net (loss) income per common share attributable to controlling interest:        
Basic (in dollars per share) $ (0.38) $ 0.28 $ (2.09) $ (0.52)
Diluted (in dollars per share) $ (0.38) $ 0.28 $ (2.09) $ (0.52)
Consumer Products Segment [Member]        
Revenues:        
Net consumer and other product sales     $ 3,382.3 $ 3,250.8
Total revenues $ 1,247.5 $ 1,128.5 3,382.3 3,250.8
Operating costs and expenses:        
Cost of consumer products and other goods sold     2,179.4 2,092.9
Selling, acquisition, operating and general expenses     799.2 730.4
Amortization of intangibles     64.0 61.2
Total operating costs and expenses     3,042.6 2,884.5
Operating income (loss) $ 135.7 $ 148.7 339.7 366.3
Interest expense     (206.5) (151.7)
Gain on contingent purchase price reduction     0.0  
Other income (expense), net     (5.6) (4.4)
(Loss) income from continuing operations before income taxes     127.6 210.2
Income tax expense     4.8 43.8
Net (loss) income     122.8 166.4
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest [Abstract]        
Less: Net income attributable to noncontrolling interest     51.3 69.0
Net (loss) income attributable to controlling interest     $ 71.5 97.4
Net (loss) income attributable to common and participating preferred stockholders       $ 97.4