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REVENUE RECOGNITION AND RECEIVABLES (Tables) | 9 Months Ended
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Jun. 29, 2025
Revenue from Contract with Customer [Abstract] |
Schedule of Disaggregation of Revenue | The following table disaggregates our revenue for the three and nine month periods ended June 29, 2025 and June 30, 2024, by segment and geographic region (based upon destination) and revenue type:
|  | Three Month Period Ended June 29, 2025 |  | Three Month Period Ended June 30, 2024
(in millions) |  | GPC |  | H&G |  | HPC |  | Total |  | GPC |  | H&G |  | HPC |  | Total
Geographic Region |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
NA |  | $ | 149.1 |  |  | $ | 187.5 |  |  | $ | 92.0 |  |  | $ | 428.6 |  |  | $ | 177.1 |  |  | $ | 208.4 |  |  | $ | 116.2 |  |  | $ | 501.7 |
EMEA |  | 95.6 |  |  | — |  |  | 101.3 |  |  | 196.9 |  |  | 93.7 |  |  | — |  |  | 109.8 |  |  | 203.5 |
LATAM |  | 3.2 |  |  | 1.7 |  |  | 46.5 |  |  | 51.4 |  |  | 3.9 |  |  | 2.6 |  |  | 44.5 |  |  | 51.0 |
APAC |  | 7.3 |  |  | — |  |  | 15.4 |  |  | 22.7 |  |  | 7.5 |  |  | — |  |  | 15.7 |  |  | 23.2 |
Total revenue |  | $ | 255.2 |  |  | $ | 189.2 |  |  | $ | 255.2 |  |  | $ | 699.6 |  |  | $ | 282.2 |  |  | $ | 211.0 |  |  | $ | 286.2 |  |  | $ | 779.4 |
Revenue type |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Product sales |  | $ | 251.8 |  |  | $ | 188.4 |  |  | $ | 253.7 |  |  | $ | 693.9 |  |  | $ | 278.5 |  |  | $ | 210.1 |  |  | $ | 284.5 |  |  | $ | 773.1 |
Licensing |  | 2.4 |  |  | 0.8 |  |  | 1.5 |  |  | 4.7 |  |  | 2.4 |  |  | 0.9 |  |  | 1.6 |  |  | 4.9 |
Service and other |  | 1.0 |  |  | — |  |  | — |  |  | 1.0 |  |  | 1.3 |  |  | — |  |  | 0.1 |  |  | 1.4 |
Total revenue |  | $ | 255.2 |  |  | $ | 189.2 |  |  | $ | 255.2 |  |  | $ | 699.6 |  |  | $ | 282.2 |  |  | $ | 211.0 |  |  | $ | 286.2 |  |  | $ | 779.4 |
|  | Nine Month Period Ended June 29, 2025 |  | Nine Month Period Ended June 30, 2024
(in millions) |  | GPC |  | H&G |  | HPC |  | Total |  | GPC |  | H&G |  | HPC |  | Total
Geographic Sales |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
NA |  | $ | 466.5 |  |  | $ | 428.3 |  |  | $ | 320.2 |  |  | $ | 1,215.0 |  |  | $ | 532.3 |  |  | $ | 437.9 |  |  | $ | 357.8 |  |  | $ | 1,328.0 |
EMEA |  | 289.6 |  |  | — |  |  | 358.7 |  |  | 648.3 |  |  | 286.7 |  |  | — |  |  | 357.5 |  |  | 644.2 |
LATAM |  | 8.4 |  |  | 5.3 |  |  | 131.6 |  |  | 145.3 |  |  | 9.8 |  |  | 5.8 |  |  | 132.6 |  |  | 148.2 |
APAC |  | 19.9 |  |  | — |  |  | 47.0 |  |  | 66.9 |  |  | 20.2 |  |  | — |  |  | 49.6 |  |  | 69.8 |
Total revenue |  | $ | 784.4 |  |  | $ | 433.6 |  |  | $ | 857.5 |  |  | $ | 2,075.5 |  |  | $ | 849.0 |  |  | $ | 443.7 |  |  | $ | 897.5 |  |  | $ | 2,190.2 |
Revenue type |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Product Sales |  | $ | 775.0 |  |  | $ | 432.0 |  |  | $ | 852.3 |  |  | $ | 2,059.3 |  |  | $ | 838.0 |  |  | $ | 441.7 |  |  | $ | 891.9 |  |  | $ | 2,171.6 |
Licensing |  | 6.6 |  |  | 1.6 |  |  | 4.9 |  |  | 13.1 |  |  | 7.1 |  |  | 2.0 |  |  | 5.2 |  |  | 14.3 |
Service and other |  | 2.8 |  |  | — |  |  | 0.3 |  |  | 3.1 |  |  | 3.9 |  |  | — |  |  | 0.4 |  |  | 4.3 |
Total revenue |  | $ | 784.4 |  |  | $ | 433.6 |  |  | $ | 857.5 |  |  | $ | 2,075.5 |  |  | $ | 849.0 |  |  | $ | 443.7 |  |  | $ | 897.5 |  |  | $ | 2,190.2 |
Schedule of Significant Concentration Risk Associated | The following table summarizes significant concentration risk associated with net sales for the three and nine month periods ended June 29, 2025 and June 30, 2024.
|  | Three Month Periods Ended |  | Nine Month Periods Ended
(% of Net Sales) |  | June 29, 2025 |  | June 30, 2024 |  | June 29, 2025 |  | June 30, 2024
Significant customers, exceeding 10% of net sales |  | 36.8 | % |  | 37.7 | % |  | 36.5 | % |  | 36.4 | %
Subject to Black & Decker trademark license agreement |  | 11.6 | % |  | 11.1 | % |  | 11.7 | % |  | 11.8 | %
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) |  | June 29, 2025 |  | September 30, 2024
Significant customers |  | 47.9 | % |  | 42.6 | %
Schedule of Allowance Product Returns | The following summarizes the allowance for product returns with direct customers and estimated credit losses on trade receivables as of June 29, 2025 and September 30, 2024. Costs and reserves associated with standard product warranties with consumers are not material to the condensed consolidated financial statements.
(in millions) |  | Line Item |  | June 29, 2025 |  | September 30, 2024
Liability for product returns |  | Other current liabilities |  | $ | 10.4 |  |  | $ | 14.4 |
Allowance for doubtful accounts |  | Trade receivables, net |  | 6.0 |  |  | 8.1

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- Definition Tabular disclosure of the various types of trade accounts and notes receivable and for each the gross carrying value, allowance, and net carrying value as of the balance sheet date. Presentation is categorized by current, noncurrent and unclassified receivables. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 210 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02(4)) -Publisher FASB -URI https://asc.fasb.org/1943274/2147480566/210-10-S99-1 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 210 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02(3)) -Publisher FASB -URI https://asc.fasb.org/1943274/2147480566/210-10-S99-1 + Details
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