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INVENTORY
12 Months Ended
Sep. 30, 2023
Inventory Disclosure [Abstract]  
INVENTORY INVENTORY
Inventories as of September 30, 2023 and 2022 consist of the following:
(in millions)
20232022
Raw materials
$55.8 $72.3 
Work-in-process
6.2 10.5 
Finished goods
400.8 697.8 
Inventories
$462.8 $780.6 
During the year ended September 30, 2023, the Company and HPC recognized an incremental inventory loss of $20.6 million for the disposal of select product SKUs and models associated with the acquired brands from the Tristar Business acquisition after assessing, among other things, performance and quality standards and the business risks associated with the continued support and distribution of such products. HPC management has suspended any further sale of the selected products as part of a shift in its strategy of distribution and development of products within its brand portfolio and avoid deterioration and further reduction in the value of acquired brands and supported products.