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REVENUE RECOGNITION | 12 Months Ended
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Sep. 30, 2022
Revenue from Contract with Customer [Abstract] |
REVENUE RECOGNITION | REVENUE RECOGNITION The Company generates all of its revenue from contracts with customers. The following tables disaggregate our revenue for the years ended September 30, 2022, 2021 and 2020 by the Company’s key revenue streams, segments and geographic regions (based upon destination):
|  | September 30, 2022
(in millions) |  | HPC |  | GPC |  | H&G |  | Total
Product Sales |  |  |  |  |  |  |  |
NA |  | $ | 609.7 |  |  | $ | 749.8 |  |  | $ | 576.8 |  |  | $ | 1,936.3 |
EMEA |  | 460.7 |  |  | 353.6 |  |  | — |  |  | 814.3 |
LATAM |  | 216.1 |  |  | 19.3 |  |  | 8.0 |  |  | 243.4 |
APAC |  | 71.9 |  |  | 36.5 |  |  | 0.1 |  |  | 108.5 |
Licensing |  | 10.3 |  |  | 9.9 |  |  | 2.2 |  |  | 22.4 |
Other |  | 1.4 |  |  | 6.2 |  |  | — |  |  | 7.6 |
Total Revenue |  | $ | 1,370.1 |  |  | $ | 1,175.3 |  |  | $ | 587.1 |  |  | $ | 3,132.5 |
|  | September 30, 2021
(in millions) |  | HPC |  | GPC |  | H&G |  | Total
Product Sales |  |  |  |  |  |  |  |
NA |  | $ | 493.5 |  |  | $ | 699.9 |  |  | $ | 598.6 |  |  | $ | 1,792.0 |
EMEA |  | 512.1 |  |  | 359.8 |  |  | — |  |  | 871.9 |
LATAM |  | 170.6 |  |  | 15.8 |  |  | 7.0 |  |  | 193.4 |
APAC |  | 72.7 |  |  | 38.9 |  |  | — |  |  | 111.6 |
Licensing |  | 11.2 |  |  | 9.8 |  |  | 2.5 |  |  | 23.5 |
Other |  | — |  |  | 5.7 |  |  | — |  |  | 5.7 |
Total Revenue |  | $ | 1,260.1 |  |  | $ | 1,129.9 |  |  | $ | 608.1 |  |  | $ | 2,998.1 |
|  | September 30, 2020
(in millions) |  | HPC |  | GPC |  | H&G |  | Total
Product Sales |  |  |  |  |  |  |  |
NA |  | $ | 458.7 |  |  | $ | 667.4 |  |  | $ | 543.1 |  |  | $ | 1,669.2 |
EMEA |  | 447.3 |  |  | 232.6 |  |  | — |  |  | 679.9 |
LATAM |  | 126.8 |  |  | 14.4 |  |  | 6.7 |  |  | 147.9 |
APAC |  | 65.8 |  |  | 35.7 |  |  | — |  |  | 101.5 |
Licensing |  | 9.0 |  |  | 8.3 |  |  | 2.1 |  |  | 19.4 |
Other |  | — |  |  | 4.2 |  |  | — |  |  | 4.2 |
Total Revenue |  | $ | 1,107.6 |  |  | $ | 962.6 |  |  | $ | 551.9 |  |  | $ | 2,622.1 |
With the acquisition of the Tristar Business on February 18, 2022, the Company recognized revenue attributable to extended warranties. See Note 4 - Acquisitions for more details. As of September 30, 2022, the Company had $1.1 million service warranty revenue deferred and included in Other Current Liabilities on the Consolidated Statements of Financial Position. A significant portion of our product sales from our HPC segment, primarily in the NA and LATAM regions, are subject to the continued use and access of the Black and Decker® ("B&D")brand through a license agreement with Stanley Black and Decker. The license agreement was renewed through June 30, 2025, including a sell-off period from April 1, 2025 to June 30, 2025 whereby the Company can continue to sell and distribute but no longer produce products subject to the license agreement. Net sales from B&D product sales consist of $417.3 million, $400.2 million, and $337.7 million for the years ended September 30, 2022, 2021 and 2020, respectively. All other brands and tradenames used in the Company’s commercial operations are either directly owned and not subject to further restrictions, or do not aggregate to a significant portion of total product sales for the Company. The Company has a broad range of customers including many large mass retail customers. During the year ended September 30, 2022, 2021 and 2020, there were two large retail customers, each exceeding 10% of consolidated Net Sales and representing 32.9%, 31.4%, and 31.8% of consolidated Net Sales, respectively. In the normal course of business, the Company may allow customers to return product or take credit for product returns per the provisions in a sale agreement. Estimated product returns are recorded as a reduction in reported revenues at the time of sale based upon historical product return experience, adjusted for known trends, to arrive at the amount of consideration expected to receive. The following is a rollforward of the liability for product returns for the years ended September 30, 2022, 2021 and 2020:
(in millions) |  | Beginning Balance |  | Charged to Profit & Loss |  | Deductions |  | Other Adjustments |  | Ending Balance
September 30, 2022 |  | $ | 11.8 |  |  | $ | 12.4 |  |  | $ | (19.8) |  |  | $ | 11.1 |  |  | $ | 15.5 |
September 30, 2021 |  | 12.8 |  |  | 1.5 |  |  | (2.9) |  |  | 0.4 |  |  | 11.8 |
September 30, 2020 |  | 9.8 |  |  | 6.0 |  |  | (3.3) |  |  | 0.3 |  |  | 12.8 |
Other adjustments includes foreign currency translation and the liability for product returns assumed as part of the acquisition of the Tristar Business during the year ended September 30, 2022. See Note 4 - Acquisitions for further discussion on the Tristar Business acquisition.

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- Definition The entire disclosure of revenue from contract with customer to transfer good or service and to transfer nonfinancial asset. Includes, but is not limited to, disaggregation of revenue, credit loss recognized from contract with customer, judgment and change in judgment related to contract with customer, and asset recognized from cost incurred to obtain or fulfill contract with customer. Excludes insurance and lease contracts. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 606 -URI https://asc.fasb.org/topic&trid=49130388 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 606 -SubTopic 10 -Section 50 -Paragraph 10 -URI https://asc.fasb.org/extlink&oid=126920106&loc=SL49130551-203045 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 606 -SubTopic 10 -Section 50 -Paragraph 13 -Subparagraph (b)(2) -URI https://asc.fasb.org/extlink&oid=126920106&loc=SL49130556-203045 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 606 -SubTopic 10 -Section 50 -Paragraph 12 -Subparagraph (b) -URI https://asc.fasb.org/extlink&oid=126920106&loc=SL49130554-203045 Reference 5: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 606 -SubTopic 10 -Section 50 -Paragraph 9 -URI https://asc.fasb.org/extlink&oid=126920106&loc=SL49130550-203045 Reference 6: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 606 -SubTopic 10 -Section 50 -Paragraph 12 -Subparagraph (e) -URI https://asc.fasb.org/extlink&oid=126920106&loc=SL49130554-203045 Reference 7: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 606 -SubTopic 10 -Section 50 -Paragraph 12 -Subparagraph (a) -URI https://asc.fasb.org/extlink&oid=126920106&loc=SL49130554-203045 Reference 8: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 606 -SubTopic 10 -Section 50 -Paragraph 12 -Subparagraph (d) -URI https://asc.fasb.org/extlink&oid=126920106&loc=SL49130554-203045 Reference 9: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 606 -SubTopic 10 -Section 50 -Paragraph 15 -URI https://asc.fasb.org/extlink&oid=126920106&loc=SL49130558-203045 Reference 10: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 606 -SubTopic 10 -Section 50 -Paragraph 12 -Subparagraph (c) -URI https://asc.fasb.org/extlink&oid=126920106&loc=SL49130554-203045 + Details
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