XML 43 R31.htm IDEA: XBRL DOCUMENT
v3.5.0.2

Stock Compensation (Tables) | 9 Months Ended
--- | ---
Jun. 30, 2016
Share-based Compensation Arrangement by Share-based Payment Award [Line Items] |
Fair Value, Measurement Inputs, Disclosure [Text Block] | The fair value of restricted stock units is determined based on the market price of Spectrum Brands’ common stock on the grant date.
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 June 30, 2016 and related activity during the nine 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, 2015 |  | 1,800 |  |  | $ | 13.13 |  |  | $ | 3.22 |
Warrants outstanding at June 30, 2016 |  | 1,800 |  |  | 13.13 |  |  | 3.22 |
Warrants vested and exercisable at June 30, 2016 |  | 600 |  |  | 13.13 |  |  | 3.22 |
Warrants outstanding and expected to vest |  | 1,200 |  |  | 13.13 |  |  | 3.22 |
Summary of Stock Options Outstanding and Related Activity | A summary of stock options outstanding as of June 30, 2016 and related activity during the nine months then ended are as follows (option amounts in thousands):
|  | HRG
Stock Option Awards |  | Options |  | Weighted Average Exercise Price |  | Weighted Average Grant Date Fair Value
Stock options outstanding at September 30, 2015 |  | 4,770 |  |  | $ | 9.25 |  |  | $ | 3.70 |
Granted |  | 28 |  |  | 13.93 |  |  | 5.07 |
Exercised |  | (497 | ) |  | 8.25 |  |  | 3.24 |
Stock options outstanding at June 30, 2016 |  | 4,301 |  |  | 9.40 |  |  | 3.77 |
Stock options vested and exercisable at June 30, 2016 |  | 3,266 |  |  | 8.39 |  |  | 3.36 |
Stock options outstanding and expected to vest |  | 4,301 |  |  | 9.40 |  |  | 3.77 |
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 June 30, 2016 and related activity during the nine months then ended, under HRG and Spectrum Brands are as follows (share amounts in thousands):
|  | HRG
Restricted Stock Awards |  | Shares |  | Weighted Average Grant Date Fair Value
Nonvested restricted stock outstanding at September 30, 2015 |  | 4,283 |  |  | $ | 11.74 |
Granted |  | 99 |  |  | 13.93 |
Exercised/Released |  | (2,315 | ) |  | 10.93 |
Nonvested restricted stock outstanding at June 30, 2016 |  | 2,067 |  |  | 12.76 |
|  | HRG |  | Spectrum Brands
Restricted Stock Units |  | Units |  | Weighted Average Grant Date Fair Value |  | Units |  | Weighted Average Grant Date Fair Value
Restricted stock units outstanding at September 30, 2015 |  | 42 |  |  | $ | 12.33 |  |  | 608 |  |  | $ | 87.50 |
Granted |  | 6 |  |  | 13.93 |  |  | 588 |  |  | 94.78 |
Vested/Exercised |  | — |  |  | — |  |  | (544 | ) |  | 86.81 |
Forfeited or Expired |  | — |  |  | — |  |  | (156 | ) |  | 94.75 |
Restricted stock units outstanding at June 30, 2016 |  | 48 |  |  | 12.52 |  |  | 496 |  |  | 94.63 |
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:
| Nine months ended June 30,
| 2016 |  | 2015
Risk-free interest rate | 1.65% to 1.74% |  | 1.57% to 1.87%
Assumed dividend yield | —% |  | —%
Expected option term | 5.0 to 5.5 years |  | 5.0 to 6.5 years
Volatility | 37.4% to 37.9% |  | 37.1% to 39.0%

X
- 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 2 -URI http://asc.fasb.org/extlink&oid=36462937&loc=d3e19207-110258 Reference 3: 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 + Details
Name: | us-gaap_FairValueMeasurementInputsDisclosureTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- 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
Name: | us-gaap_ScheduleOfShareBasedCompensationStockOptionsActivityTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the significant assumptions used during the year to estimate the fair value of stock options, including, but not limited to: (a) expected term of share options and similar instruments, (b) expected volatility of the entity's shares, (c) expected dividends, (d) risk-free rate(s), and (e) discount for post-vesting restrictions. + 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 (f)(2) -URI http://asc.fasb.org/extlink&oid=6415400&loc=d3e5070-113901 + Details
Name: | us-gaap_ScheduleOfShareBasedPaymentAwardStockOptionsValuationAssumptionsTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Disclosure of the number and weighted-average grant date fair value for restricted stock and restricted stock units that were outstanding at the beginning and end of the year, and the number of restricted stock and restricted stock units that were granted, vested, or forfeited during the year. + References No definition available. + Details
Name: | us-gaap_ScheduleOfSharebasedCompensationRestrictedStockAndRestrictedStockUnitsActivityTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table. + References No definition available. + Details
Name: | us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- 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
Name: | us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingAndExercisableTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration