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Quarterly Results (Unaudited) Quarterly Results (Unaudited) (Tables) | 12 Months Ended
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Sep. 30, 2017
Quarterly Financial Information Disclosure [Abstract] |
Schedule of Quarterly Financial Information |
|  | Quarter Ended
|  | September 30, |  | June 30, |  | March 31, |  | December 31,
|  | 2017 |  | 2016 |  | 2017 |  | 2016 |  | 2017 |  | 2016 |  | 2016 |  | 2015
Net sales |  | $ | 787.8 |  |  | $ | 729.6 |  |  | $ | 862.9 |  |  | $ | 907.6 |  |  | $ | 756.5 |  |  | $ | 784.7 |  |  | $ | 602.3 |  |  | $ | 607.5 |
Total revenues |  | 787.8 |  |  | 729.7 |  |  | 863.0 |  |  | 908.8 |  |  | 757.2 |  |  | 786.3 |  |  | 602.6 |  |  | 613.5 |
Net consumer and other product gross profit |  | 310.0 |  |  | 305.1 |  |  | 320.1 |  |  | 376.2 |  |  | 306.8 |  |  | 320.5 |  |  | 239.1 |  |  | 235.9 |
Net (loss) income from continuing operations |  | (23.3 | ) |  | (24.1 | ) |  | 3.8 |  |  | 328.2 |  |  | (7.4 | ) |  | (117.5 | ) |  | (42.3 | ) |  | (119.0 | )
Income (loss) from discontinued operations, net of tax |  | 47.3 |  |  | 60.3 |  |  | 36.0 |  |  | (421.2 | ) |  | (44.0 | ) |  | 133.4 |  |  | 303.1 |  |  | 126.0 |
Net income (loss) |  | 24.0 |  |  | 36.2 |  |  | 39.8 |  |  | (93.0 | ) |  | (51.4 | ) |  | 15.9 |  |  | 260.8 |  |  | 7.0 |
Net income (loss) attributable to controlling interest |  | (26.2 | ) |  | (7.3 | ) |  | 2.1 |  |  | (132.9 | ) |  | (82.1 | ) |  | (24.7 | ) |  | 212.2 |  |  | (33.9 | )
Net income (loss) per common share attributable to controlling interest: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Basic loss from continuing operations |  | $ | (0.16 | ) |  | (0.27 | ) |  | $ | (0.09 | ) |  | $ | 0.96 |  |  | $ | (0.12 | ) |  | $ | (0.46 | ) |  | $ | (0.24 | ) |  | $ | (0.46 | )
Basic income (loss) from discontinued operations |  | 0.03 |  |  | 0.23 |  |  | 0.10 |  |  | (1.63 | ) |  | (0.29 | ) |  | 0.34 |  |  | 1.30 |  |  | 0.28 |
Basic |  | $ | (0.13 | ) |  | $ | (0.04 | ) |  | $ | 0.01 |  |  | $ | (0.67 | ) |  | $ | (0.41 | ) |  | $ | (0.12 | ) |  | $ | 1.06 |  |  | $ | (0.18 | )
Diluted loss from continuing operations |  | $ | (0.16 | ) |  | $ | (0.27 | ) |  | $ | (0.09 | ) |  | $ | 0.95 |  |  | $ | (0.12 | ) |  | $ | (0.46 | ) |  | $ | (0.24 | ) |  | $ | (0.46 | )
Diluted income (loss) from discontinued operations |  | 0.03 |  |  | 0.23 |  |  | 0.10 |  |  | (1.60 | ) |  | (0.29 | ) |  | 0.34 |  |  | 1.30 |  |  | 0.28 |
Diluted |  | $ | (0.13 | ) |  | $ | (0.04 | ) |  | $ | 0.01 |  |  | $ | (0.65 | ) |  | $ | (0.41 | ) |  | $ | (0.12 | ) |  | $ | 1.06 |  |  | $ | (0.18 | )
|  | Quarter Ended September 30, 2017 |  | Quarter Ended September 30, 2016
|  | Reported |  | Adjustment |  | As Revised |  | Reported |  | Adjustment |  | As Revised
Net sales |  | $ | 1,321.8 |  |  | $ | (534.0 | ) |  | $ | 787.8 |  |  | $ | 1,249.7 |  |  | $ | (520.1 | ) |  | $ | 729.6 |
Total revenues |  | 1,321.8 |  |  | (534.0 | ) |  | 787.8 |  |  | 1,249.8 |  |  | (520.1 | ) |  | 729.7 |
Net consumer and other product gross profit |  | 496.3 |  |  | (186.3 | ) |  | 310.0 |  |  | 485.7 |  |  | (180.6 | ) |  | 305.1 |
Net (loss) income from continuing operations |  | 49.1 |  |  | (72.4 | ) |  | (23.3 | ) |  | (8.3 | ) |  | (15.8 | ) |  | (24.1 | )
Income (loss) from discontinued operations, net of tax |  | (25.1 | ) |  | 72.4 |  |  | 47.3 |  |  | 44.5 |  |  | 15.8 |  |  | 60.3 |
Net income (loss) |  | 24.0 |  |  | $ | — |  |  | 24.0 |  |  | 36.2 |  |  | — |  |  | 36.2 |
Net income (loss) attributable to controlling interest |  | (26.2 | ) |  | — |  |  | (26.2 | ) |  | (7.3 | ) |  | — |  |  | (7.3 | )
Net income (loss) per common share attributable to controlling interest: |  |  |  |  |  |  |  |  |  |  |  |
Basic loss from continuing operations |  | $ | 0.05 |  |  | $ | (0.21 | ) |  | $ | (0.16 | ) |  | $ | (0.23 | ) |  | $ | (0.04 | ) |  | $ | (0.27 | )
Basic income (loss) from discontinued operations |  | (0.18 | ) |  | 0.21 |  |  | 0.03 |  |  | 0.19 |  |  | 0.04 |  |  | 0.23 |
Basic |  | $ | (0.13 | ) |  | $ | — |  |  | $ | (0.13 | ) |  | $ | (0.04 | ) |  | $ | — |  |  | $ | (0.04 | )
Diluted loss from continuing operations |  | $ | 0.05 |  |  | $ | (0.21 | ) |  | $ | (0.16 | ) |  | $ | (0.23 | ) |  | $ | (0.04 | ) |  | $ | (0.27 | )
Diluted income (loss) from discontinued operations |  | (0.18 | ) |  | 0.21 |  |  | 0.03 |  |  | 0.19 |  |  | 0.04 |  |  | 0.23 |
Diluted |  | $ | (0.13 | ) |  | $ | — |  |  | $ | (0.13 | ) |  | $ | (0.04 | ) |  | $ | — |  |  | $ | (0.04 | )
|  | Quarter Ended June 30, 2017 |  | Quarter Ended June 30, 2016
|  | Reported |  | Adjustment |  | As Revised |  | Reported |  | Adjustment |  | As Revised
Net sales |  | $ | 1,303.9 |  |  | $ | (441.0 | ) |  | $ | 862.9 |  |  | $ | 1,361.6 |  |  | $ | (454.0 | ) |  | $ | 907.6 |
Total revenues |  | 1,304.0 |  |  | (441.0 | ) |  | 863.0 |  |  | 1,362.8 |  |  | (454.0 | ) |  | 908.8 |
Net consumer and other product gross profit |  | 473.3 |  |  | (153.2 | ) |  | 320.1 |  |  | 530.7 |  |  | (154.5 | ) |  | 376.2 |
Net (loss) income from continuing operations |  | 32.1 |  |  | (28.3 | ) |  | 3.8 |  |  | 92.5 |  |  | 235.7 |  |  | 328.2 |
Income (loss) from discontinued operations, net of tax |  | 7.7 |  |  | 28.3 |  |  | 36.0 |  |  | (185.5 | ) |  | (235.7 | ) |  | (421.2 | )
Net income (loss) |  | 39.8 |  |  | — |  |  | 39.8 |  |  | (93.0 | ) |  | — |  |  | (93.0 | )
Net income (loss) attributable to controlling interest |  | 2.1 |  |  | — |  |  | 2.1 |  |  | (132.9 | ) |  | — |  |  | (132.9 | )
Net income (loss) per common share attributable to controlling interest: |  |  |  |  |  |  |  |  |  |  |  |
Basic loss from continuing operations |  | $ | (0.01 | ) |  | $ | (0.08 | ) |  | $ | (0.09 | ) |  | $ | 0.27 |  |  | $ | 0.69 |  |  | $ | 0.96 |
Basic income (loss) from discontinued operations |  | 0.02 |  |  | 0.08 |  |  | 0.10 |  |  | (0.94 | ) |  | (0.69 | ) |  | (1.63 | )
Basic |  | $ | 0.01 |  |  | $ | — |  |  | $ | 0.01 |  |  | $ | (0.67 | ) |  | $ | — |  |  | $ | (0.67 | )
Diluted loss from continuing operations |  | $ | (0.01 | ) |  | $ | (0.08 | ) |  | $ | (0.09 | ) |  | $ | 0.27 |  |  | $ | 0.68 |  |  | $ | 0.95 |
Diluted income (loss) from discontinued operations |  | 0.02 |  |  | 0.08 |  |  | 0.10 |  |  | (0.93 | ) |  | (0.67 | ) |  | (1.60 | )
Diluted |  | $ | 0.01 |  |  | $ | — |  |  | $ | 0.01 |  |  | $ | (0.66 | ) |  | $ | 0.01 |  |  | $ | (0.65 | )
|  | Quarter Ended March 31, 2017 |  | Quarter Ended March 31, 2016
|  | Reported |  | Adjustment |  | As Revised |  | Reported |  | Adjustment |  | As Revised
Net sales |  | $ | 1,169.9 |  |  | $ | (413.4 | ) |  | $ | 756.5 |  |  | $ | 1,209.6 |  |  | $ | (424.9 | ) |  | $ | 784.7 |
Total revenues |  | 1,216.1 |  |  | (458.9 | ) |  | 757.2 |  |  | 1,267.3 |  |  | (481.0 | ) |  | 786.3 |
Net consumer and other product gross profit |  | 455.2 |  |  | (148.4 | ) |  | 306.8 |  |  | 462.8 |  |  | (142.3 | ) |  | 320.5 |
Net (loss) income from continuing operations |  | 3.0 |  |  | (10.4 | ) |  | (7.4 | ) |  | 63.5 |  |  | (181.0 | ) |  | (117.5 | )
Income (loss) from discontinued operations, net of tax |  | (54.4 | ) |  | 10.4 |  |  | (44.0 | ) |  | (47.6 | ) |  | 181.0 |  |  | 133.4 |
Net income (loss) |  | (51.4 | ) |  | — |  |  | (51.4 | ) |  | 15.9 |  |  | — |  |  | 15.9 |
Net income (loss) attributable to controlling interest |  | (82.1 | ) |  | — |  |  | (82.1 | ) |  | (24.7 | ) |  | — |  |  | (24.7 | )
Net income (loss) per common share attributable to controlling interest: |  |  |  |  |  |  |  |  |  |  |  |
Basic loss from continuing operations |  | $ | (0.11 | ) |  | $ | (0.01 | ) |  | $ | (0.12 | ) |  | $ | 0.12 |  |  | $ | (0.58 | ) |  | $ | (0.46 | )
Basic income (loss) from discontinued operations |  | (0.30 | ) |  | 0.01 |  |  | (0.29 | ) |  | (0.24 | ) |  | 0.58 |  |  | 0.34 |
Basic |  | $ | (0.41 | ) |  | $ | — |  |  | $ | (0.41 | ) |  | $ | (0.12 | ) |  | $ | — |  |  | $ | (0.12 | )
Diluted loss from continuing operations |  | $ | (0.11 | ) |  | $ | (0.01 | ) |  | $ | (0.12 | ) |  | $ | 0.12 |  |  | $ | (0.58 | ) |  | $ | (0.46 | )
Diluted income (loss) from discontinued operations |  | (0.30 | ) |  | 0.01 |  |  | (0.29 | ) |  | (0.24 | ) |  | 0.58 |  |  | 0.34 |
Diluted |  | $ | (0.41 | ) |  | $ | — |  |  | $ | (0.41 | ) |  | $ | (0.12 | ) |  | $ | — |  |  | $ | (0.12 | )
|  | Quarter Ended December 31, 2016 |  | Quarter Ended December 31, 2015
|  | Reported |  | Adjustment |  | As Revised |  | Reported |  | Adjustment |  | As Revised
Net sales |  | $ | 1,211.8 |  |  | $ | (609.5 | ) |  | $ | 602.3 |  |  | $ | 1,218.8 |  |  | $ | (611.3 | ) |  | $ | 607.5 |
Total revenues |  | 1,189.6 |  |  | (587.0 | ) |  | 602.6 |  |  | 1,209.4 |  |  | (595.9 | ) |  | 613.5 |
Net consumer and other product gross profit |  | 450.0 |  |  | (210.9 | ) |  | 239.1 |  |  | 440.7 |  |  | (204.8 | ) |  | 235.9 |
Net (loss) income from continuing operations |  | 2.0 |  |  | (44.3 | ) |  | (42.3 | ) |  | 9.5 |  |  | (128.5 | ) |  | (119.0 | )
Income (loss) from discontinued operations, net of tax |  | 258.8 |  |  | 44.3 |  |  | 303.1 |  |  | (2.5 | ) |  | 128.5 |  |  | 126.0 |
Net income (loss) |  | 260.8 |  |  | — |  |  | 260.8 |  |  | 7.0 |  |  | — |  |  | 7.0 |
Net income (loss) attributable to controlling interest |  | 212.2 |  |  | — |  |  | 212.2 |  |  | (33.9 | ) |  | — |  |  | (33.9 | )
Net income (loss) per common share attributable to controlling interest: |  |  |  |  |  |  |  |  |  |  |  |
Basic loss from continuing operations |  | $ | (0.13 | ) |  | $ | (0.11 | ) |  | $ | (0.24 | ) |  | $ | (0.11 | ) |  | $ | (0.35 | ) |  | $ | (0.46 | )
Basic income (loss) from discontinued operations |  | 1.19 |  |  | 0.11 |  |  | 1.30 |  |  | (0.06 | ) |  | 0.34 |  |  | 0.28 |
Basic |  | $ | 1.06 |  |  | $ | — |  |  | $ | 1.06 |  |  | $ | (0.17 | ) |  | $ | (0.01 | ) |  | $ | (0.18 | )
Diluted loss from continuing operations |  | $ | (0.13 | ) |  | $ | (0.11 | ) |  | $ | (0.24 | ) |  | $ | (0.11 | ) |  | $ | (0.35 | ) |  | $ | (0.46 | )
Diluted income (loss) from discontinued operations |  | 1.19 |  |  | 0.11 |  |  | 1.30 |  |  | (0.06 | ) |  | 0.34 |  |  | 0.28 |
Diluted |  | $ | 1.06 |  |  | $ | — |  |  | $ | 1.06 |  |  | $ | (0.17 | ) |  | $ | (0.01 | ) |  | $ | (0.18 | )
Quarterly Results (Unaudited) | As previously discussed in Note 1, Basis of Presentation and Nature of Operations, and Note 5, Divestitures, during the third quarter of Fiscal 2017, Front Street entered into the Front Street Purchase Agreement. As a result, Front Street was presented as discontinued operations in the accompanying Consolidated Statements of Operations. In addition, subsequent to Fiscal 2017, effective December 29, 2017, Spectrum Brands’ operations of the GBA business have been classified as discontinued operations in the accompanying Consolidated Statements of Operations. The impact of the adoption of classifying the results of operations of Front Street and Spectrum Brands’ GBA business as discontinued operations and to the Company’s previously reported quarterly results are presented below.

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