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SEGMENT INFORMATION (Tables)

3 Months Ended

Jan. 01, 2023

Segment Reporting [Abstract]

Net Sales Relating to Segments

Net sales relating to the segments for the three month periods ended January 1, 2023 and January 2, 2022, are as follows:

						Three Month Periods Ended
(in millions)						January 1, 2023						January 2, 2022
HPC						$	364.4					$	379.7
GPC						277.5						302.2
H&G						71.4						75.3
Net sales						$	713.3					$	757.2

Schedule of Segment Information

Segment Adjusted EBITDA for the reportable segments for SBH for the three month periods ended January 1, 2023 and January 2, 2022, are as follows:

						Three Month Periods Ended
SBH (in millions)						January 1, 2023						January 2, 2022
HPC						$	13.2					$	27.4
GPC						37.2						38.7
H&G						(2.4)						(7.3)
Total Segment Adjusted EBITDA						48.0						58.8
Corporate						8.2						9.5
Interest expense						33.4						21.8
Depreciation						12.2						12.2
Amortization						10.4						13.3
Share and incentive based compensation						3.3						5.6
Tristar acquisition and integration						5.7						1.7
HPC separation initiatives						2.4						1.7
HHI divestiture						1.5						4.3
Coevorden operations separation						1.3						3.2
Rejuvenate integration						—						4.3
Armitage integration						—						0.7
Omega integration						—						0.9
Fiscal 2022 restructuring						0.6						—
Global ERP transformation						1.6						2.9
HPC brand portfolio transitions						1.0						—
Russia closing initiatives						2.9						—
GPC distribution center transition						—						12.8
Global productivity improvement program						—						1.8
Other project costs						3.1						2.1
Unallocated shared costs						6.3						6.8
Non-cash purchase accounting adjustments						0.5						—
Gain from remeasurement of contingent consideration liability						(1.5)						—
Early settlement of foreign currency cash flow hedges						2.6						—
HPC product recall						0.3						—
Legal and environmental remediation reserves						—						(0.5)
Salus and other						4.3						(0.1)
Loss from continuing operations before income taxes						$	(52.1)					$	(46.2)

Segment Adjusted EBITDA for reportable segments for SB/RH for the three month periods ended January 1, 2023 and January 2, 2022, are as follows:

						Three Month Periods Ended
SB/RH (in millions)						January 1, 2023						January 2, 2022
HPC						$	13.2					$	27.4
GPC						37.2						38.7
H&G						(2.4)						(7.3)
Total Segment Adjusted EBITDA						48.0						58.8
Corporate						8.3						9.3
Interest expense						33.4						21.8
Depreciation						12.2						12.2
Amortization						10.4						13.3
Share and incentive based compensation						3.1						5.6
Tristar acquisition and integration						5.7						1.7
HPC separation initiatives						2.4						1.7
HHI divestiture						1.5						4.3
Coevorden operations separation						1.3						3.2
Rejuvenate integration						—						4.3
Armitage integration						—						0.7
Omega integration						—						0.9
Fiscal 2022 restructuring						0.6						—
Global ERP transformation						1.6						2.9
HPC brand portfolio transitions						1.0						—
Russia in-country closing initiatives						2.9						—
GPC distribution center transition						—						12.8
Global productivity improvement program						—						1.8
Other project costs						3.1						2.1
Unallocated shared costs						6.3						6.8
Non-cash purchase accounting adjustments						0.5						—
Gain from remeasurement of contingent consideration liability						(1.5)						—
Early settlement of foreign currency cash flow hedges						2.6						—
HPC product recall						0.3						—
Legal and environmental remediation reserves						—						(0.5)
Other						4.3						(0.2)
Loss from continuing operations before income taxes						$	(52.0)					$	(45.9)

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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-Publisher FASB
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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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