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SEGMENT INFORMATION (Tables)

9 Months Ended

Jul. 03, 2022

Segment Reporting [Abstract]

Net Sales Relating to Segments

Net sales relating to the segments for the three and nine month periods ended July 3, 2022 and July 4, 2021 are as follows:

						Three Month Periods Ended												Nine Month Periods Ended
(in millions)						July 3, 2022						July 4, 2021						July 3, 2022						July 4, 2021
HPC						$	329.3					$	274.4					1,025.2						950.8
GPC						290.2						257.3						887.5						826.3
H&G						198.5						212.1						470.3						463.2
Net sales						$	818.0					$	743.8					$	2,383.0					$	2,240.3

Schedule of Segment Information

Segment Adjusted EBITDA for the reportable segments for SBH for the three and nine month periods ended July 3, 2022 and July 4, 2021, are as follows:

						Three Month Periods Ended												Nine Month Periods Ended
SBH (in millions)						July 3, 2022						July 4, 2021						July 3, 2022						July 4, 2021
HPC						$	3.6					$	11.8					41.6						88.1
GPC						40.9						49.2						120.2						158.5
H&G						42.8						53.4						73.1						98.6
Total Segment Adjusted EBITDA						87.3						114.4						234.9						345.2
Corporate						7.2						15.0						26.5						32.4
Interest expense						26.0						20.4						72.4						96.4
Depreciation						12.3						12.8						36.6						39.2
Amortization						13.1						17.4						39.9						48.2
Share and incentive based compensation						(0.7)						7.7						11.4						21.9
Tristar acquisition and integration						5.6						—						20.0						—
Rejuvenate acquisition and integration						—						5.8						7.0						5.8
Armitage acquisition and integration						0.1						1.0						1.4						7.7
Omega integration						0.1						—						1.5						—
HHI divestiture						0.6						—						6.1						—
HPC separation initiatives						10.7						(0.5)						15.4						14.2
Coevorden operations separation						1.9						2.9						7.3						7.7
Fiscal 2022 restructuring						8.1						—						8.1						—
Global ERP transformation						3.4						0.9						9.4						1.6
GPC distribution center transition						8.4						7.7						28.3						7.7
Global productivity improvement program						1.2						4.8						5.2						15.7
HPC brand portfolio transitions						0.3						—						0.3						—
Russia closing initiatives						—						—						3.6						—
Other project costs						4.1						2.4						10.7						8.1
Unallocated shared costs						7.0						6.7						20.7						20.2
Non-cash purchase accounting adjustments						4.3						1.3						7.8						4.7
Gain from contingent consideration liability						(25.0)						—						(25.0)						—
Gain on Energizer investment						—						—						—						(6.9)
Legal and environmental remediation reserves						—						—						(0.5)						6.0
Proforma in-country Russia operations						0.4						—						0.4						—
Gain on early settlement of cash flow hedges						(8.2)						—						(8.2)						—
Salus and other						1.4						—						1.7						0.1
Income (loss) from continuing operations before income taxes						$	5.0					$	8.1					$	(73.1)					$	14.5

Segment Adjusted EBITDA for reportable segments for SB/RH for the three and nine month periods ended July 3, 2022 and July 4, 2021 are as follows:

						Three Month Periods Ended												Nine Month Periods Ended
SB/RH (in millions)						July 3, 2022						July 4, 2021						July 3, 2022						July 4, 2021
HPC						$	3.6					$	11.8					41.6						88.1
GPC						40.9						49.2						120.2						158.5
H&G						42.8						53.4						73.1						98.6
Total Segment Adjusted EBITDA						87.3						114.4						234.9						345.2
Corporate						6.7						14.0						25.5						30.8
Interest expense						26.1						20.5						72.7						96.6
Depreciation						12.3						12.8						36.6						39.2
Amortization						13.1						17.4						39.9						48.2
Share and incentive based compensation						(1.1)						7.1						10.7						20.7
Tristar acquisition and integration						5.6						—						20.0						—
Rejuvenate acquisition and integration						—						5.8						7.0						5.8
Armitage acquisition and integration						0.1						1.0						1.4						7.7
Omega integration						0.1						—						1.5						—
HHI divestiture						0.6						—						6.1						—
HPC separation initiatives						10.7						(0.5)						15.4						14.2
Coevorden operations separation						1.9						2.9						7.3						7.7
Fiscal 2022 restructuring						8.1						—						8.1						—
Global ERP transformation						3.4						0.9						9.4						1.6
GPC distribution center transition						8.4						7.7						28.3						7.7
Global productivity improvement program						1.2						4.8						5.2						15.7
HPC brand portfolio transitions						0.3						—						0.3						—
Russia in-country closing initiatives						—						—						3.6						—
Other project costs						4.1						2.4						10.7						8.1
Unallocated shared costs						7.0						6.7						20.7						20.2
Non-cash purchase accounting adjustments						4.3						1.3						7.8						4.7
Gain from contingent consideration liability						(25.0)						—						(25.0)						—
Gain on Energizer investment						—						—						—						(6.9)
Legal and environmental remediation reserves						—						—						(0.5)						6.0
Proforma in-country Russia operations						0.4						—						0.4						—
Gain on early settlement of cash flow hedges						(8.2)						—						(8.2)						—
Other						1.5						—						1.4						0.1
Income (loss) from continuing operations before income taxes						$	5.7					$	9.6					$	(71.4)					$	17.1

X

- Definition

Tabular disclosure of all significant reconciling items in the reconciliation of total revenues from reportable segments to the entity's consolidated revenues.

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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.

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