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Restructuring And Related Charges (Tables)
6 Months Ended
Mar. 31, 2019
Restructuring And Related Charges [Abstract]  
Summary Of Restructuring And Related Charges



 

 

 

 

 

 

 

 

 

 

 

 



 

 

 

 

 

 

 

 

 

 

 

 



 

Three Month Periods Ended

 

Six Month Periods Ended

(in millions)

 

March 31, 2019

 

March 31, 2018

 

March 31, 2019

 

March 31, 2018

Global productivity improvement plan

 

$

12.7 

 

$

 

$

18.5 

 

$

HHI distribution center consolidation

 

 

 

 

13.6 

 

$

2.3 

 

$

28.8 

PET rightsizing initiative

 

 

 

 

3.4 

 

 

 

 

4.0 

Other restructuring activities

 

 

(0.1)

 

 

3.3 

 

 

0.7 

 

 

4.7 

Total restructuring and related charges

 

$

12.6 

 

$

20.3 

 

$

21.5 

 

$

37.5 

Reported as:

 

 

 

 

 

 

 

 

 

 

 

 

Cost of goods sold

 

$

0.2 

 

$

1.7 

 

$

1.0 

 

$

2.0 

Operating expense

 

 

12.4 

 

 

18.6 

 

 

20.5 

 

 

35.5 



Summary Of Costs Incurred And Cumulative Costs By Cost Type



 

 

 

 

 

 

 

 

 



 

Termination

 

Other

 

 

(in millions)

 

Benefits

 

Costs

 

Total

For the three month periods ended March 31, 2019

 

$

2.1 

 

$

10.5 

 

$

12.6 

For the three month periods ended March 31, 2018

 

 

3.7 

 

 

16.6 

 

 

20.3 

For the six month periods ended March 31, 2019

 

 

3.6 

 

 

17.9 

 

 

21.5 

For the six month periods ended March 31, 2018

 

 

5.4 

 

 

32.1 

 

 

37.5 

Cumulative costs through March 31, 2019

 

 

6.3 

 

 

103.1 

 

 

109.4 

Future costs to be incurred

 

 

1.6 

 

 

9.5 

 

 

11.1 



Rollforward Of Restructuring Accrual



 

 

 

 

 

 

 

 

 



 

 

 

 

 

 

 

 

 



 

Termination

 

Other

 

 

(in millions)

 

Benefits

 

Costs

 

Total

Accrual balance at September 30, 2018

 

$

3.1 

 

$

4.7 

 

$

7.8 

Provisions

 

 

2.2 

 

 

9.7 

 

 

11.9 

Cash expenditures

 

 

(1.4)

 

 

(1.6)

 

 

(3.0)

Non-cash items

 

 

(0.7)

 

 

(0.1)

 

 

(0.8)

Accrual balance at March 31, 2019

 

$

3.2 

 

$

12.7 

 

$

15.9 



Summary Of Costs Incurred By Reporting Segment



 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 



 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(in millions)

 

HHI

 

HPC

 

PET

 

H&G

 

Corporate

 

Total

For the three month periods ended March 31, 2019

 

$

0.4 

 

 

1.4 

 

 

2.3 

 

 

0.3 

 

 

8.2 

 

 

12.6 

For the three month periods ended March 31, 2018

 

 

13.6 

 

 

0.2 

 

 

3.7 

 

 

0.3 

 

 

2.5 

 

 

20.3 

For the six month periods ended March 31, 2019

 

 

3.2 

 

 

1.5 

 

 

4.9 

 

 

1.0 

 

 

10.9 

 

 

21.5 

For the six month periods ended March 31, 2018

 

 

28.8 

 

 

0.2 

 

 

4.4 

 

 

0.3 

 

 

3.8 

 

 

37.5 

Cumulative costs through March 31, 2019

 

 

83.4 

 

 

2.2 

 

 

2.6 

 

 

1.7 

 

 

19.5 

 

 

109.4 

Future costs to be incurred

 

 

0.5 

 

 

 

 

 

 

 

 

10.6 

 

 

11.1