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REVENUE RECOGNITION AND RECEIVABLES
 12 Months Ended
Sep. 30, 2025
Revenue from Contract with Customer [Abstract]  
REVENUE RECOGNITION AND RECEIVABLES REVENUE RECOGNITION AND RECEIVABLES
The Company generates all of its revenue from contracts with customers. The following tables disaggregate our revenue for the years ended September 30, 2025, 2024, and 2023, by the Company’s key revenue streams, segments and geographic regions (based upon destination):
2025
(in millions)GPCH&GHPCTotal
Geographic Sales
NA$643.4 $565.3 $412.9 $1,621.6 
EMEA399.2 — 482.3 881.5 
LATAM12.2 7.5 193.3 213.0 
APAC27.7 — 65.2 92.9 
Total revenue1,082.5 572.8 1,153.7 2,809.0 
Revenue Type
Product Sales$1,069.7 $570.9 $1,146.9 $2,787.5 
Licensing9.0 1.9 6.5 17.4 
Service and other3.8 — 0.3 4.1 
Total revenue$1,082.5 $572.8 $1,153.7 $2,809.0 
2024
(in millions)GPCH&GHPCTotal
Geographic Sales
NA$721.2 $569.4 $476.9 $1,767.5 
EMEA388.5 — 496.7 885.2 
LATAM12.8 9.2 189.8 211.8 
APAC29.0 — 70.4 99.4 
Total revenue1,151.5 578.6 1,233.8 2,963.9 
Revenue Type
Product Sales$1,136.6 $576.3 $1,225.7 $2,938.6 
Licensing9.8 2.3 7.5 19.6 
Service and other5.1 — 0.6 5.7 
Total revenue$1,151.5 $578.6 $1,233.8 $2,963.9 
2023
(in millions)GPCH&GHPCTotal
Geographic Sales
NA$726.4 $529.2 $519.1 $1,774.7 
EMEA361.3 — 469.4 830.7 
LATAM18.0 7.3 181.5 206.8 
APAC33.3 — 73.3 106.6 
Total revenue$1,139.0 $536.5 $1,243.3 $2,918.8 
Revenue Type
Product Sales$1,123.3 $534.4 $1,234.2 $2,891.9 
Licensing10.0 2.1 7.8 19.9 
Service and other5.7 — 1.3 7.0 
Total revenue$1,139.0 $536.5 $1,243.3 $2,918.8 
NOTE 5 - REVENUE RECOGNITION AND RECEIVABLES (continued)
The Company has identified significant customers consisting of two large retail customers, each regularly exceeding 10% of consolidated net sales. All segments sell products to the significant customers and sales with those customers are considered significant to the respective segments. The following table summarizes significant concentration risk associated with net sales for the years ended September 30, 2025, 2024, and 2023.
(% of Net Sales)202520242023
Significant customers, exceeding 10% of net sales36.0 %35.9 %33.9 %
Subject to Black & Decker trademark license agreement11.7 %11.9 %12.0 %
The following summarizes the concentration risk of the associated receivables from the two significant customers. There were no additional concentrations of credit risk exceeding 10% of net trade receivables.
(% of Trade Receivables, Net)
20252024
Significant customers, exceeding 10% of net trade receivables41.6 %42.6 %
The following is a rollforward of the allowance for doubtful accounts for the years ended September 30, 2025, 2024 and 2023:
(in millions)
Beginning
Balance
Charged to
Profit & Loss
Deductions
Foreign Currency and Other
Ending
Balance
September 30, 2025$8.1 $0.9 $(2.5)$(0.2)$6.3 
September 30, 20247.7 2.6 (2.2)— 8.1 
September 30, 20237.3 5.0 (1.4)(3.2)7.7 
The following is a rollforward of the liability for product returns for the years ended September 30, 2025, 2024 and 2023:
(in millions)Beginning
Balance		Charged to
Profit & Loss		Deductions
Foreign Currency and Other
Ending
Balance
September 30, 2025$14.4 $16.4 $(21.1)$0.1 $9.8 
September 30, 202412.8 28.6 (27.3)0.3 14.4 
September 30, 202315.5 8.7 (11.2)(0.2)12.8