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v3.21.1

Segment Information (Tables) | 6 Months Ended
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Apr. 04, 2021
Segment Reporting [Abstract] |
Net Sales Relating to Segments | Net sales relating to the segments for the three and six month periods ended April 4, 2021 and March 29, 2020 are as follows:
|  | Three Month Periods Ended |  | Six Month Periods Ended
(in millions) |  | April 4, 2021 |  | March 29, 2020 |  | April 4, 2021 |  | March 29, 2020
HHI |  | $ | 389.5 |  |  | $ | 329.1 |  |  | $ | 798.2 |  |  | $ | 626.8 |
HPC |  | 297.9 |  |  | 232.7 |  |  | 676.4 |  |  | 554.8 |
GPC |  | 293.6 |  |  | 236.9 |  |  | 569.1 |  |  | 442.7 |
H&G |  | 168.8 |  |  | 139.1 |  |  | 251.0 |  |  | 185.0 |
Net sales |  | $ | 1,149.8 |  |  | $ | 937.8 |  |  | $ | 2,294.7 |  |  | $ | 1,809.3 |
Schedule of Segment Information | Segment Adjusted EBITDA for the reportable segments for SBH for the three and six month periods ended April 4, 2021 and March 29, 2020, are as follows:
|  | Three Month Periods Ended |  | Six Month Periods Ended
SBH (in millions) |  | April 4, 2021 |  | March 29, 2020 |  | April 4, 2021 |  | March 29, 2020
HHI |  | $ | 73.4 |  |  | $ | 69.5 |  |  | $ | 171.6 |  |  | $ | 112.3 |
HPC |  | 25.4 |  |  | 8.0 |  |  | 76.3 |  |  | 44.4 |
GPC |  | 55.6 |  |  | 40.0 |  |  | 109.2 |  |  | 71.5 |
H&G |  | 34.8 |  |  | 28.4 |  |  | 45.3 |  |  | 25.1 |
Total Segment Adjusted EBITDA |  | 189.2 |  |  | 145.9 |  |  | 402.4 |  |  | 253.3 |
Corporate |  | 8.3 |  |  | 5.5 |  |  | 17.5 |  |  | 10.8 |
Interest expense |  | 65.5 |  |  | 35.5 |  |  | 102.2 |  |  | 70.4 |
Depreciation and amortization |  | 38.7 |  |  | 36.4 |  |  | 74.4 |  |  | 78.0 |
Share and incentive based compensation |  | 8.5 |  |  | 14.6 |  |  | 16.7 |  |  | 29.1 |
Restructuring and related charges |  | 4.1 |  |  | 21.9 |  |  | 13.3 |  |  | 49.4 |
Transaction related charges |  | 9.7 |  |  | 7.2 |  |  | 30.3 |  |  | 11.3 |
(Gain) loss on Energizer investment |  | (0.9) |  |  | 106.8 |  |  | (6.9) |  |  | 68.3 |
(Gain) loss on assets held for sale |  | — |  |  | (7.0) |  |  | — |  |  | 25.7 |
Write-off from impairment of intangible assets |  | — |  |  | — |  |  | — |  |  | 24.2 |
Inventory acquisition step-up |  | 2.6 |  |  | — |  |  | 3.4 |  |  | — |
Other |  | 0.2 |  |  | 3.2 |  |  | 6.0 |  |  | 1.3 |
Income (loss) from operations before income taxes |  | $ | 52.5 |  |  | $ | (78.2) |  |  | $ | 145.5 |  |  | $ | (115.2) |
Segment Adjusted EBITDA for reportable segments for SB/RH for the three and six month periods ended April 4, 2021 and March 29, 2020 are as follows:
|  | Three Month Periods Ended |  | Six Month Periods Ended
SB/RH (in millions) |  | April 4, 2021 |  | March 29, 2020 |  | April 4, 2021 |  | March 29, 2020
HHI |  | $ | 73.4 |  |  | $ | 69.5 |  |  | $ | 171.6 |  |  | $ | 112.3 |
HPC |  | 25.4 |  |  | 8.0 |  |  | 76.3 |  |  | 44.4 |
GPC |  | 55.6 |  |  | 40.0 |  |  | 109.2 |  |  | 71.5 |
H&G |  | 34.8 |  |  | 28.4 |  |  | 45.3 |  |  | 25.1 |
Total Segment Adjusted EBITDA |  | 189.2 |  |  | 145.9 |  |  | 402.4 |  |  | 253.3 |
Corporate |  | 8.1 |  |  | 2.3 |  |  | 16.7 |  |  | 7.2 |
Interest expense |  | 65.6 |  |  | 35.3 |  |  | 102.4 |  |  | 70.0 |
Depreciation and amortization |  | 38.7 |  |  | 36.4 |  |  | 74.4 |  |  | 78.0 |
Share and incentive based compensation |  | 8.0 |  |  | 14.1 |  |  | 16.1 |  |  | 28.5 |
Restructuring and related charges |  | 4.1 |  |  | 21.9 |  |  | 13.3 |  |  | 49.4 |
Transaction related charges |  | 9.7 |  |  | 7.2 |  |  | 30.3 |  |  | 11.3 |
(Gain) loss on Energizer investment |  | (0.9) |  |  | 106.8 |  |  | (6.9) |  |  | 68.3 |
(Gain) loss on assets held for sale |  | — |  |  | (7.0) |  |  | — |  |  | 25.7 |
Write-off from impairment of intangible assets |  | — |  |  | — |  |  | — |  |  | 24.2 |
Inventory acquisition step-up |  | 2.6 |  |  | — |  |  | 3.4 |  |  | — |
Other |  | 0.1 |  |  | 3.0 |  |  | 5.9 |  |  | 0.8 |
Income (loss) from operations before income taxes |  | $ | 53.2 |  |  | $ | (74.1) |  |  | $ | 146.8 |  |  | $ | (110.1) |

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- Definition Tabular disclosure of all significant reconciling items in the reconciliation of total revenues from reportable segments to the entity's consolidated revenues. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 31 -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8924-108599 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8906-108599 + Details
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- Definition Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 22 -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8736-108599 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 25 -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8813-108599 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=121556970&loc=d3e13816-109267 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8906-108599 + Details
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