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Segment Data
3 Months Ended
Dec. 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. 
The following schedules present the Company’s segment information for the three months ended December 31, 2014 and 2013.
 
 
Three months ended December 31,
 
 
2014
 
2013
Revenues:
 
 
 
 
Consumer Products
 
$
1,067.8

 
$
1,100.6

Insurance
 
310.8

 
373.1

Energy
 
34.3

 
35.5

Asset Management
 
8.0

 
4.5

Intersegment elimination
 
(3.5
)
 
(3.7
)
Consolidated segment revenues
 
1,417.4

 
1,510.0

Corporate and Other
 
21.0

 

Total revenues
 
$
1,438.4

 
$
1,510.0

 
 
 
 
 
Operating (loss) income:
 
 
 
 
Consumer Products
 
$
115.6

 
$
125.0

Insurance
 
25.2

 
85.3

Energy
 
(195.0
)
 
6.0

Asset Management
 
(1.1
)
 
(3.9
)
Intersegment elimination
 
(4.0
)
 
(3.7
)
Total segment operating (loss) income
 
(59.3
)
 
208.7

Corporate and Other and eliminations
 
(123.7
)
 
(29.4
)
Consolidated operating (loss) income
 
(183.0
)
 
179.3

Interest expense
 
(80.6
)
 
(84.0
)
Loss from the change in the fair value of the equity conversion feature of preferred stock
 

 
(47.2
)
Gain on contingent purchase price reduction
 

 
0.5

Other income (expense), net
 
174.0

 
(11.9
)
(Loss) income from continuing operations before income taxes
 
$
(89.6
)
 
$
36.7

 
Three months ended December 31,
Net change in cash due to operating activities
2014
 
2013
Consumer Products
$
(146.5
)
 
$
(136.0
)
Insurance
57.8

 
58.8

Energy
4.4

 
7.2

Asset Management
(7.9
)
 
5.4

Net change in cash due to segment operating activities
(92.2
)
 
(64.6
)
Net change in cash due to corporate and other operating activities, including intersegment eliminations
(79.5
)
 
(24.8
)
Consolidated change in cash due to operating activities
$
(171.7
)
 
$
(89.4
)