Stock Compensation (Tables)

9 Months Ended

Jun. 30, 2013

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

Schedule of Share-based Compensation, Activity [Table Text Block]

A summary of the activity related to the incentive unit plan was as follows:

	Shares	Weighted average grant date fair value per share
Non-vested awards at February 14, 2013	—	$	—
Granted	102	10.00
Non-vested awards at June 30, 2013	102	$	10.00

Consolidated Stock Compensation Expense

The Company recognized consolidated stock compensation expense as follows:

	Three months ended				Nine months ended
	June 30, 2013		July 1, 2012		June 30, 2013		July 1, 2012
Stock compensation expense	$	22.7	$	5.3	$	44.9	$	17.1
Less:
Related tax benefit	0.7		—		1.2		—
Noncontrolling interest	7.3		1.9		13.6		6.8
Net	$	14.7	$	3.4	$	30.1	$	10.3

Summary of Stock Options Outstanding and Related Activity

A summary of stock options outstanding as of June 30, 2013 and related activity during the nine 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	—		—		—		(27	)	38.14		3.90
Forfeited or expired	(33	)	6.18		2.32		—		—		—
Stock options outstanding at June 30, 2013	3,780		6.39		2.47		368		43.77		3.88
Stock options vested and exercisable at June 30, 2013	865		6.12		2.33		—		—		—
Stock options outstanding and expected to vest	2,915		6.46		2.52		301		43.77		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 June 30, 2013 and related activity during the nine 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		(13	)	28.00
Forfeited	(33	)	7.93		—		—
Restricted stock outstanding at June 30, 2013	3,420		7.71		—		—
Restricted stock expected to vest	3,420		7.71		—		—

	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		666		45.35		52		3.85
Vested	(17	)	4.61		(1,121	)	28.28		—		—
Forfeited	—		—		(290	)	29.79		(1	)	—
Restricted stock units outstanding at June 30, 2013	9		—		1,186		37.76		51		3.85
Restricted stock units vested and exercisable at June 30, 2013	22		4.61		—		—				—
Restricted stock units expected to vest	9		8.33		1,186		37.76		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%	0.98% to 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% to 35.0%