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Share Based Compensation (Tables)

12 Months Ended

Sep. 30, 2020

Share-based Payment Arrangement [Abstract]

Schedule of Share-Based Payment Awards

The following is a summary of the authorized and available shares per the respective plans:

(number of shares, in millions)						Authorized						Available
HRG Group 2011 Omnibus Equity Award Plans						2.7						0.8
Harbinger Group, Inc. 2014 Warrant Plan						3.0						—
Spectrum Brands Holdings, Inc. 2011 Omnibus Equity Awards Plan						7.1						0.2
Spectrum Brands Holdings, Inc. 2020 Omnibus Equity Plan						1.2						1.2

The following is a summary of HRG stock option awards, warrants, and restricted stock awards during the years ended September 30, 2020, 2019, and 2018:

						Stock Options																		Warrants																		Restricted Stock Awards
(in millions, except per share data)						Options						Weighted Average Exercise Price						Weighted Average Grant Date Fair Value						Units						Weighted Average Exercise Price						Weighted Average Grant Date Fair Value						Units						Weighted Average Exercise Price						Fair Value at Grant Date
As of September 30, 2017						4.0						$	9.69					$	3.88					0.6						$	13.13					$	3.22					0.1						$	13.36					$	1.9
Granted						—						—						—						—						—						—						0.1						16.85						0.4
Exercised						(2.5)						8.38						3.33						(0.6)						13.13						3.22						(0.2)						13.85						2.3
As of As of As of July 13, 2018						1.5						$	11.80					$	4.78					—						$	—					$	—					—						$	—					$	—
Vested and exercisable at September 30, 2020						0.2						$	73.96					$	4.82

Schedule of Share Based Compensation Expense

The following is a summary of the share based compensation expense for the years ended September 30, 2020, 2019 and 2018:

(in millions)						2020						2019						2018
SBH						$	37.7					$	49.2					$	11.9
SB/RH						$	36.4					$	47.6					$	8.8

Schedule of RSU Activity

The following is a summary of the RSU activity for the years ended September 30, 2020, 2019 and 2018:

						SBH																		SB/RH
(in millions, except per share data)						Shares						Weighted Average Grant Date Fair Value						Fair Value at Grant Date						Shares						Weighted Average Grant Date Fair Value						Fair Value at Grant Date
At September 30, 2017						0.8						$	114.67					$	87.2					0.7						$	116.32					$	82.4
Granted						0.4						102.96						45.9						0.4						102.92						44.4
Forfeited						(0.1)						115.08						(8.5)						(0.1)						115.08						(8.5)
Vested						(0.5)						113.07						(55.6)						(0.4)						114.07						(51.1)
At September 30, 2018						0.6						107.71						69.0						0.6						108.75						67.2
Granted						1.5						53.11						81.4						1.5						52.82						79.8
Forfeited						(0.7)						92.76						(63.7)						(0.7)						93.05						(63.5)
Vested						(0.2)						83.47						(19.7)						(0.2)						82.37						(18.5)
At September 30, 2019						1.2						53.58						67.0						1.2						53.22						65.0
Granted						0.9						61.72						55.6						0.9						61.68						54.3
Forfeited						(0.1)						60.79						(4.0)						(0.1)						60.79						(3.9)
Vested						(0.6)						57.80						(39.3)						(0.6)						57.29						(37.7)
At September 30, 2020						1.4						$	56.41					$	79.3					1.4						$	56.33					$	77.7

Schedule of Activity of RSUs Granted

						SBH																		SB/RH
(in millions, except per share data)						Units						Weighted Average Grant Date Fair Value						Fair Value at Grant Date						Units						Weighted Average Grant Date Fair Value						Fair Value at Grant Date
Time-based grants
Vesting in less than 24 months						0.3						$	62.33					$	18.6					0.3						$	62.25					$	17.3
Vesting in more than 24 months						0.1						62.80						8.4						0.1						62.80						8.4
Total time-based grants						0.4						$	62.48					$	27.0					0.4						$	62.43					$	25.7
Performance-based grants
Vesting in less than 24 months						0.1						53.19						4.8						0.1						53.19						4.8
Vesting in more than 24 months						0.4						62.88						23.8						0.4						62.88						23.8
Total performance-based grants						0.5						$	61.03					$	28.6					0.5						$	61.03					$	28.6
Total grants						0.9						$	61.72					$	55.6					0.9						$	61.68					$	54.3

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Tabular disclosure of share-based payment arrangement.

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Tabular disclosure of cost recognized for award under share-based payment arrangement by plan. Includes, but is not limited to, related tax benefit.

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Tabular disclosure of number, weighted-average exercise price or conversion ratio, aggregate intrinsic value, and weighted-average remaining contractual term for outstanding restricted stock units that are fully vested and expected to vest. Includes, but is not limited to, unvested restricted stock units for which requisite service period has not been rendered but that are expected to vest based on achievement of performance condition, if forfeitures are recognized when they occur.

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Tabular disclosure of the number and weighted-average grant date fair value for restricted stock units that were outstanding at the beginning and end of the year, and the number of restricted stock units that were granted, vested, or forfeited during the year.

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