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Stock Compensation Stock Compensation (Tables)
12 Months Ended
Sep. 30, 2014
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]  
Summary of Stock Options Outstanding and Related Activity
A summary of stock options outstanding as of September 30, 2014 and related activity during the year then ended, under FGH, and FGL’s respective incentive plans are as follows (share amounts in thousands):
 
 
HGI
 
FGH
 
FGL
Stock Option Awards
 
Options
 
Weighted Average Exercise Price
 
Weighted
Average Grant
Date Fair Value
 
Options
 
Weighted Average Exercise Price
 
Options
 
Weighted Average Exercise Price
 
Weighted
Average Grant
Date Fair Value
Stock options outstanding at September 30, 2013
 
3,954

 
$
6.52

 
$
2.55

 
335

 
$
44.23

 

 
$

 
$

Granted
 
1,356

 
11.75

 
4.91

 

 

 
249

 
17.00

 
3.76

Exercised
 
(526
)
 
5.27

 
1.92

 
(105
)
 
39.86

 

 

 

Forfeited or expired
 
(160
)
 
8.14

 
3.27

 
(5
)
 
47.30

 
(7
)
 
17.00

 
5.26

Stock options outstanding at September 30, 2014
 
4,624

 
8.14

 
3.28

 
225

 
46.19

 
242

 
17.00

 
3.72

Stock options vested and exercisable at September 30, 2014
 
1,448

 
7.45

 
2.96

 
99

 
46.68

 

 

 

Stock options outstanding and expected to vest
 
3,176

 
8.46

 
3.43

 
122

 
46.15

 
231

 

 
3.64

Summary of Restricted Stock and Restricted Stock Units Outstanding and Related Activity
 
 
HGI
 
FGL
Restricted Stock Awards
 
Shares
 
Weighted
Average Grant
Date Fair Value
 
Shares
 
Weighted
Average Grant
Date Fair Value
Restricted stock outstanding at September 30, 2013
 
3,456

 
$
7.72

 

 
$

Granted
 
3,325

 
12.00

 
179

 
18.25

Exercised / Released
 
(1,154
)
 
10.18

 

 

Forfeited
 
(197
)
 
9.57

 
(7
)
 
19.98

Restricted stock outstanding at September 30, 2014
 
5,430

 
9.76

 
172

 
18.18

Restricted stock outstanding and expected to vest
 
5,418

 
9.75

 
159

 
18.03

 
 
HGI
 
Spectrum Brands
 
FGH
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, 2013
 
22

 
$
4.61

 
1,118

 
$
39.11

 
46

 
$
49.60

Granted
 
7

 
11.84

 
669

 
75.50

 

 

Exercised / Released
 
(22
)
 
4.61

 
(954
)
 
39.69

 
(18
)
 
49.53

Forfeited
 

 

 
(6
)
 
69.33

 
(2
)
 
49.45

Restricted stock units outstanding at September 30, 2014
 
7

 
11.84

 
827

 
67.66

 
26

 
49.55

Restricted stock units vested and exercisable at September 30, 2014
 

 

 

 

 

 

Restricted stock units outstanding and expected to vest
 
7

 
11.84

 
827

 
67.66

 
25

 
49.55


 
 
FGL
Performance Restricted Stock Units
 
Units
 
Weighted
Average Grant
Date Fair Value
Performance restricted stock units outstanding at September 30, 2013
 

 
$

Granted
 
578

 
17.37

Performance restricted stock units outstanding at September 30, 2014
 
578

 
17.37

Performance restricted stock units expected to vest
 
578

 
17.37

A summary of warrants outstanding as of September 30, 2014 and related activity during the year then ended, under HGI's incentive plan are as follows (share amounts in thousands):
 
 
HGI
Warrants
 
Units
 
Weighted Average Exercise Price
 
Weighted
Average Grant
Date Fair Value
Warrants outstanding at September 30, 2013
 

 
$

 
$

Granted
 
3,000

 
13.13

 
3.22

Warrants outstanding at September 30, 2014
 
3,000

 
13.13

 
3.22

Warrants vested and exercisable at September 30, 2014
 
600

 
13.13

 
3.22

Warrants outstanding and expected to vest
 
2,400

 
13.13

 
3.22

Summary of the Activity Related to the Incentive Unit Plan
A summary of the activity related to the incentive unit plan was as follows (share amounts in thousands):
 
 
Shares
 
Weighted average grant date fair value per share
Non-vested awards at September 30, 2013
 
102

 
$
10.00

Granted
 
323

 
7.90

Vested
 
(137
)
 
7.88

Terminated
 
(18
)
 
8.44

Non-vested awards at September 30, 2014
 
270

 
$
8.67

HGI
 
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]  
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:
 
2014
 
2013
 
2012
Risk-free interest rate
1.37% to 1.70%
 
0.84% to 1.86%
 
0.97% to 1.19%
Assumed dividend yield
—%
 
—%
 
—%
Expected option term
5.0 to 5.9 years
 
5.3 to 6.2 years
 
6 years
Volatility
37.8% to 39.8%
 
41.9% to 44.0%
 
33.0% to 35.5%
Spectrum Brands
 
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]  
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:
 
2014
 
2013
 
2012
Risk-free interest rate
1.40% to 1.41%
 
0.8%
 
0.8%
Assumed dividend yield
1.30% to 1.50%
 
6%
 
10%
Expected option term
4.5 years
 
4.5 years
 
4.5 years
Volatility
25%
 
27%
 
35%