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Acquisitions (Tables) | 12 Months Ended
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Sep. 30, 2016
Business Acquisition [Line Items] |
Summary of Changes in Carrying Amounts of Goodwill and Intangible Assets Including FGL's DAC and VOBA Balances | he changes in the carrying amounts of goodwill and intangible assets are as follows:
|  |  | Intangible Assets
| Goodwill |  | Indefinite Lived |  | Definite Lived |  | Total
Balance at September 30, 2014 | $ | 1,524.8 |  |  | $ | 1,215.9 |  |  | $ | 917.2 |  |  | $ | 2,133.1 |
Acquisitions (Note 3) | 1,054.7 |  |  | 341.5 |  |  | 184.9 |  |  | 526.4 |
Impairments (Note 2) | (28.3 | ) |  | (31.9 | ) |  | — |  |  | (31.9 | )
Deconsolidation in connection to bankruptcy of a subsidiary | (16.2 | ) |  | (9.9 | ) |  | — |  |  | (9.9 | )
Periodic amortization | — |  |  | — |  |  | (87.8 | ) |  | (87.8 | )
Effect of translation | (47.6 | ) |  | (25.3 | ) |  | (24.3 | ) |  | (49.6 | )
Balance at September 30, 2015 | 2,487.4 |  |  | 1,490.3 |  |  | 990.0 |  |  | 2,480.3 |
Adjustments | 3.3 |  |  | 1.0 |  |  | 3.2 |  |  | 4.2 |
Impairments (Note 2) | (10.7 | ) |  | (4.7 | ) |  | — |  |  | (4.7 | )
Periodic amortization | — |  |  | — |  |  | (93.9 | ) |  | (93.9 | )
Effect of translation | (1.6 | ) |  | (13.1 | ) |  | (0.3 | ) |  | (13.4 | )
Balance at September 30, 2016 | $ | 2,478.4 |  |  | $ | 1,473.5 |  |  | $ | 899.0 |  |  | $ | 2,372.5 |
Company's unaudited pro forma results | The following unaudited pro forma combined financial information presents the Company’s pro forma results for Fiscal 2015 had the results of AAG been combined as of October 1, 2013:
|  | Fiscal
|  | 2015 |  | 2014
|  | (Unaudited)
Pro forma revenues |  | $ | 4,985.5 |  |  | $ | 5,078.0 |
Pro forma net loss |  | (517.5 | ) |  | (71.4 | )
Pro forma net loss per common share attributable to controlling interest - basic |  | (2.61 | ) |  | (0.44 | )
Pro forma net loss per common share attributable to controlling interest - diluted |  | (2.61 | ) |  | (0.44 | )
Summary of acquisition and integration related charges incurred | The following table summarizes acquisition and integration related charges incurred by the Company for Fiscal 2016, 2015 and 2014:
| Fiscal
| 2016 |  | 2015 |  | 2014
Armored AutoGroup | $ | 14.6 |  |  | $ | 21.8 |  |  | $ | — |
HHI Business | 13.3 |  |  | 12.0 |  |  | 11.1 |
European IAMS and Eukanuba | 3.5 |  |  | 9.3 |  |  | — |
Salix | 2.1 |  |  | 10.7 |  |  | — |
Other | 3.8 |  |  | 7.3 |  |  | 13.3 |
Total acquisition and integration related charges | $ | 37.3 |  |  | $ | 61.1 |  |  | $ | 24.4 |
European IAMS and Eukanuba [Member] |
Business Acquisition [Line Items] |
Summary of Changes in Carrying Amounts of Goodwill and Intangible Assets Including FGL's DAC and VOBA Balances | The values allocated to intangible assets and the weighted average useful lives are as follows:
|  | Carrying Amount |  | Weighted Average Useful Life (Years)
Tradenames |  | $ | 25.5 |  |  | Indefinite
Technology |  | 3.6 |  |  | 8
Customer relationships |  | 10.5 |  |  | 15
Total intangibles acquired |  | $ | 39.6 |  |  |
Summary of fair value of assets acquired and liabilities assumed | The calculation of the purchase price and purchase price allocation is as follows:
|  | Purchase Price
Cash consideration |  | $ | 115.7 |
|  | Purchase Price Allocation
Inventories, net |  | $ | 16.3 |
Properties, plant and equipment, net |  | 58.3 |
Goodwill |  | 4.0 |
Intangibles, net |  | 39.6 |
Other assets |  | 2.9 |
Accounts payable and other accrued liabilities |  | (2.7 | )
Other liabilities |  | (2.7 | )
Total net assets acquired |  | $ | 115.7 |
AAG Acquisition [Member] |
Business Acquisition [Line Items] |
Summary of Changes in Carrying Amounts of Goodwill and Intangible Assets Including FGL's DAC and VOBA Balances |
|  | Carrying Amount |  | Weighted Average Useful Life (Years)
Tradenames |  | $ | 295.0 |  |  | Indefinite
Technology |  | 41.0 |  |  | 10
Licensing agreements |  | 19.0 |  |  | 10
Customer relationships |  | 63.0 |  |  | 15
Total intangibles acquired |  | $ | 418.0 |  |  |
Summary of fair value of assets acquired and liabilities assumed | The calculation of purchase price and purchase price allocation, including measurement period adjustments is as follows:
|  | Purchase Price
Cash consideration |  | $ | 929.3 |
|  | Purchase Price Allocation
Cash and cash equivalents |  | $ | 30.9 |
Receivables, net |  | 156.5 |
Inventories, net |  | 82.5 |
Properties, plant and equipment net |  | 37.6 |
Goodwill |  | 975.4 |
Intangibles, net |  | 418.0 |
Other assets |  | 24.7 |
Accounts payable and other current liabilities |  | (119.2 | )
Debt |  | (540.0 | )
Other liabilities |  | (137.1 | )
Total net assets acquired |  | $ | 929.3 |
Salix Animal Health LLC [Member] |
Business Acquisition [Line Items] |
Summary of Changes in Carrying Amounts of Goodwill and Intangible Assets Including FGL's DAC and VOBA Balances | The values allocated to intangible assets and the weighted average useful lives are as follows:
|  | Carrying Amount |  | Weighted Average Useful Life (Years)
Tradenames |  | $ | 17.0 |  |  | Indefinite
Technology |  | 2.1 |  |  | 17
Definite-lived tradenames |  | 1.0 |  |  | 13
Customer relationships |  | 35.4 |  |  | 13
Total intangibles acquired |  | $ | 55.5 |  |  |
Summary of fair value of assets acquired and liabilities assumed | The calculation of the purchase price and purchase price allocation is as follows:
|  | Purchase Price
Cash consideration |  | $ | 146.8 |
Contingent consideration |  | 1.5 |
Total purchase price |  | $ | 148.3 |
|  | Purchase Price Allocation
Cash and cash equivalents |  | $ | 0.5 |
Receivables, net |  | 10.7 |
Inventories, net |  | 17.0 |
Properties, plant and equipment net |  | 1.2 |
Goodwill |  | 71.5 |
Intangibles, net |  | 55.5 |
Other assets |  | 2.5 |
Accounts payable and other current liabilities |  | (8.5 | )
Other liabilities |  | (2.1 | )
Total net assets acquired |  | $ | 148.3 |
The Liquid Fence Company [Member] |
Business Acquisition [Line Items] |
Summary of Changes in Carrying Amounts of Goodwill and Intangible Assets Including FGL's DAC and VOBA Balances | The values allocated to intangible assets and the weighted average useful lives are as follows:
|  | Carrying Amount |  | Weighted Average Useful Life (Years)
Tradenames |  | $ | 5.1 |  |  | Indefinite
Technology |  | 20.5 |  |  | 17
Customer relationships |  | 1.3 |  |  | 15
Total intangibles acquired |  | $ | 26.9 |  |  |
Summary of fair value of assets acquired and liabilities assumed |
|  | Purchase Price
Cash consideration |  | $ | 24.8 |
Promissory note |  | 9.5 |
Contingent consideration |  | 1.5 |
Total purchase price |  | $ | 35.8 |
|  | Purchase Price Allocation
Cash and cash equivalents |  | $ | 0.1 |
Receivables. net |  | 1.1 |
Inventories, net |  | 2.1 |
Property, plant and equipment, net |  | 0.1 |
Goodwill |  | 7.1 |
Intangibles. net |  | 26.9 |
Accounts payable and other current liabilities |  | (1.6 | )
Total net assets acquired |  | $ | 35.8 |
Tell Manufacturing [Member] |
Business Acquisition [Line Items] |
Summary of Changes in Carrying Amounts of Goodwill and Intangible Assets Including FGL's DAC and VOBA Balances | The values allocated to intangible assets and the weighted average useful lives are as follows:
|  | Carrying Amount |  | Weighted Average Useful Life (Years)
Tradenames |  | $ | 4.0 |  |  | Indefinite
Customer relationships |  | 8.5 |  |  | 13
Total intangibles acquired |  | $ | 12.5 |  |  |
Summary of fair value of assets acquired and liabilities assumed | The calculation of the purchase price and purchase price allocation is as follows:
|  | Purchase Price
Cash consideration |  | $ | 30.3 |
|  | Purchase Price Allocation
Cash and cash equivalents |  | $ | 1.1 |
Receivables. net |  | 6.0 |
Inventories, net |  | 7.2 |
Property, plant and equipment, net |  | 1.5 |
Intangibles. net |  | 12.5 |
Goodwill |  | 7.1 |
Other assets |  | 0.6 |
Accounts payable and other current liabilities |  | (5.7 | )
Total net assets acquired |  | $ | 30.3 |
Ability Re [Member] |
Business Acquisition [Line Items] |
Summary of fair value of assets acquired and liabilities assumed | The following table summarizes the consideration paid by Front Street Cayman for Ability Re:
|  | Purchase Price
Cash paid at November 3, 2014 close |  | $ | 17.9 |
Cash purchase price adjustments |  | (1.5 | )
Contingent consideration premium increase benefit |  | 2.8 |
Total purchase price |  | $ | 19.2 |
|  | Purchase Price Allocation
Cash and cash equivalents |  | $ | 8.5 |
Funds withheld receivables |  | 359.5 |
Insurance reserves |  | (346.9 | )
Other liabilities |  | (1.9 | )
Total net assets acquired |  | $ | 19.2 |

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