Stock-based Compensation Stock-based Compensation (Tables)

12 Months Ended

Sep. 30, 2016

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, 2016 and related activity during the year then ended are as follows (option amounts in thousands):

	HRG
Stock Option Awards	Options		Weighted Average Exercise Price		Weighted Average Grant Date Fair Value
Stock options outstanding at September 30, 2015	4,770		$	9.25	$	3.70
Granted	28		13.93		5.07
Exercised	(567	)	7.82		3.05
Stock options outstanding at September 30, 2016	4,231		9.48		3.80
Stock options vested and exercisable at September 30, 2016	3,273		8.56		3.42
Stock options outstanding and expected to vest	4,231		9.48		3.80

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

A summary of restricted stock and restricted stock units outstanding as of September 30, 2016 and related activity during the year then ended, under HRG and Spectrum Brands are as follows (share amounts in thousands):

	HRG
Restricted Stock Awards	Shares		Weighted Average Grant Date Fair Value
Nonvested restricted stock outstanding at September 30, 2015	4,283		$	11.74
Granted	99		13.93
Exercised / Released	(2,407	)	11.01
Nonvested restricted stock outstanding at September 30, 2016	1,975		12.74

	HRG				Spectrum Brands
Restricted Stock Units	Units		Weighted Average Grant Date Fair Value		Units		Weighted Average Grant Date Fair Value
Restricted stock units outstanding at September 30, 2015	42		$	12.33	608		$	87.50
Granted	6		13.93		590		94.88
Exercised / Released	(6	)	13.93		(549	)	86.97
Forfeited	—		—		(72	)	92.26
Restricted stock units outstanding at September 30, 2016	42		12.33		577		94.97

A summary of warrants outstanding as of September 30, 2016 and related activity during the year then ended, under HRG's incentive plan are as follows (share amounts in thousands):

	HRG
Warrants	Units		Weighted Average Exercise Price		Weighted Average Grant Date Fair Value
Warrants outstanding at September 30, 2015	1,800		$	13.13	$	3.22
Exercised / Released	(600	)	13.13		3.22
Warrants outstanding at September 30, 2016	1,200		13.13		3.22
Warrants vested and exercisable at September 30, 2016	—		—		—
Warrants outstanding and expected to vest	1,200		13.13		3.22

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:

	2016	2015	2014
Risk-free interest rate	1.65% to 1.74%	1.57% to 1.87%	1.37% to 1.70%
Assumed dividend yield	—%	—%	—%
Expected option term	5.0 to 5.5 years	5.0 to 6.5 years	5.0 to 5.9 years
Volatility	37.4% to 37.9%	36.3% to 39.0%	37.8% to 39.8%