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Segment Data
6 Months Ended
Mar. 31, 2014
Segment Reporting [Abstract]  
Segment Data
Segment Data
The Company follows the accounting guidance which establishes standards for reporting information about operating segments in interim and annual financial statements. The Company’s reportable business segments are organized in a manner that reflects how HGI’s management views those business activities. Accordingly, the Company currently operates its business in four reporting segments: (i) Consumer Products, (ii) Insurance, (iii) Energy and (iv) Asset Management. 
 
Three months ended
 
Six months ended
 
March 31,
2014
 
March 31,
2013
 
March 31,
2014
 
March 31,
2013
Revenues:
 
 
 
 
 
 
 
Consumer Products
$
1,021.7

 
$
987.7

 
$
2,122.3

 
$
1,858.0

Insurance
274.1

 
402.3

 
647.2

 
745.9

Energy
39.2

 
16.7

 
74.7

 
16.7

Asset Management
9.8

 
5.3

 
14.3

 
13.7

Intersegment elimination
(3.6
)
 
(0.9
)
 
(7.3
)
 
(0.9
)
Consolidated revenues
$
1,341.2

 
$
1,411.1

 
$
2,851.2

 
$
2,633.4

 
 
 
 
 
 
 
 
Operating income:
 
 
 
 
 
 
 
Consumer Products
$
92.5

 
$
52.2

 
$
217.6

 
$
120.4

Insurance
26.3

 
108.0

 
111.6

 
271.6

Energy
(71.8
)
 
0.5

 
(65.8
)
 
0.5

Asset Management
4.0

 
2.7

 
0.1

 
7.8

Intersegment elimination
(4.0
)
 

 
(7.7
)
 

Total segments
47.0

 
163.4

 
255.8

 
400.3

Corporate and eliminations
(30.8
)
 
(29.4
)
 
(60.3
)
 
(50.9
)
Consolidated operating income
16.2

 
134.0

 
195.5

 
349.4

Interest expense
(77.2
)
 
(75.7
)
 
(161.2
)
 
(218.8
)
(Loss) gain from the change in the fair value of the equity conversion feature of preferred stock
(3.5
)
 
(39.6
)
 
(50.7
)
 
29.3

Gain on contingent purchase price reduction

 

 
0.5

 

Other expense, net
(4.6
)
 
(3.2
)
 
(16.5
)
 
(11.9
)
Consolidated (loss) income from continuing operations before income taxes
$
(69.1
)
 
$
15.5

 
$
(32.4
)
 
$
148.0

 
Six months ended
Net change in cash due to operating activities
March 31,
2014
 
March 31,
2013
Consumer Products
$
(156.7
)
 
$
(179.9
)
Insurance
123.6

 
188.3

Energy
25.0

 
2.7

Asset Management
5.2

 
(1.4
)
Net change in cash due to segment operating activities
(2.9
)
 
9.7

Net change in cash due to corporate operating activities
(79.0
)
 
(76.9
)
Consolidated change in cash due to operating activities
$
(81.9
)
 
$
(67.2
)