Stock Compensation (Tables)

6 Months Ended

Mar. 31, 2013

Disclosure of Compensation Related Costs, Share-based Payments [Abstract]

Consolidated Stock Compensation Expense

The Company recognized consolidated stock compensation expense as follows:

	Three months ended				Six months ended
	March 31, 2013		April 1, 2012		March 31, 2013		April 1, 2012
Stock compensation expense	$	15.7	$	7.3	$	22.2	$	11.8
Less:
Related tax benefit	0.2		—		0.5		—
Noncontrolling interest	4.9		2.9		6.3		4.9
Net	$	10.6	$	4.4	$	15.4	$	6.9

Summary of Stock Options Outstanding and Related Activity

A summary of stock options outstanding as of March 31, 2013 and related activity during the six months then ended, under HGI and FGL’s respective incentive plans are as follows (share amounts in thousands):

	HGI					FGL
Stock Option Awards	Options	Weighted Average Exercise Price		Weighted Average Grant Date Fair Value		Options		Weighted Average Exercise Price		Weighted Average Grant Date Fair Value
Stock options outstanding at September 30, 2012	2,285	$	4.96	$	1.77	201		$	38.20	$	3.90
Granted	1,528	8.52		3.53		194		49.45		3.85
Exercised	—	—		—		(15	)	38.14		3.90
Forfeited or expired	—	—		—		—		—		—
Stock options outstanding at March 31, 2013	3,813	6.38		2.47		380		43.34		3.88
Stock options vested and exercisable at March 31, 2013	846	6.08		2.32		—		—		—
Stock options outstanding and expected to vest	2,966	6.47		2.52		330		43.34		3.88

Summary of Restricted Stock and Restricted Stock Units Outstanding and Related Activity

A summary of restricted stock and restricted stock units outstanding as of March 31, 2013 and related activity during the six months then ended, under HGI, Spectrum Brands and FGL’s respective incentive plans are as follows (share amounts in thousands):

	HGI				Spectrum Brands
Restricted Stock Awards	Shares		Weighted Average Grant Date Fair Value		Shares	Weighted Average Grant Date Fair Value
Restricted stock outstanding at September 30, 2012	830		$	4.93	13	$	28.00
Granted	3,256		8.52		—	—
Vested	(633	)	8.23		—	—
Restricted stock outstanding at March 31, 2013	3,453		7.71		13	28.00
Restricted stock expected to vest	3,453		7.71		13	28.00

	HGI				Spectrum Brands				FGL
Restricted Stock Units	Units		Weighted Average Grant Date Fair Value		Units		Weighted Average Grant Date Fair Value		Units	Weighted Average Grant Date Fair Value
Restricted stock units outstanding at September 30, 2012	17		$	4.61	1,931		$	28.45	—	$	—
Granted	9		8.33		636		45.03		52	3.85
Vested	(17	)	4.61		(1,005	)	28.31		—	—
Forfeited	—		—		(266	)	28.99		—	—
Restricted stock units outstanding at March 31, 2013	9		—		1,296		36.58		52	3.85
Restricted stock units vested and exercisable at March 31, 2013	22		4.61		—		—		—	—
Restricted stock units expected to vest	9		8.33		1,296		36.58		41	3.85

Assumptions Used in Determination of Grant Date Fair Values Using Black-Scholes Option Pricing Model

The following assumptions were used in the determination of these grant date fair values using the Black-Scholes option pricing model:

	2013	2012
Risk-free interest rate	0.85%	1.19%
Assumed dividend yield	—%	—%
Expected option term	5.3 to 6.0 years	6.0 years
Volatility	42.8% to 44.0%	33.0%