XML 55 R37.htm IDEA: XBRL DOCUMENT v3.8.0.1
Acquisitions (Tables)
 12 Months Ended
Sep. 30, 2017
Business Acquisition [Line Items]  
Summary of Changes in Carrying Amounts of Goodwill and Intangible Assets Including FGL's DAC and VOBA Balances
A summary of the changes in the carrying amounts of goodwill and intangible assets are as follows:
 
 
 
Intangible Assets
 
Goodwill
 
Indefinite Lived
 
Definite Lived
 
Total
Balance at September 30, 2015
$
2,487.4

 
$
1,490.3

 
$
990.0

 
$
2,480.3

Adjustments
3.3

 
1.0

 
3.2

 
4.2

Impairments (Note 2)
(10.7
)
 
(4.7
)
 
—

 
(4.7
)
Periodic amortization
—

 
—

 
(93.9
)
 
(93.9
)
Effect of translation
(1.6
)
 
(13.1
)
 
(0.3
)
 
(13.4
)
Balance at September 30, 2016
2,478.4

 
1,473.5

 
899.0

 
2,372.5

Adjustments
—

 
—

 
(0.9
)
 
(0.9
)
Acquisitions (Note 3)
135.0

 
81.1

 
67.1

 
148.2

Impairments (Note 2)
—

 
(16.3
)
 
—

 
(16.3
)
Periodic amortization
—

 
—

 
(95.2
)
 
(95.2
)
Effect of translation
12.6

 
10.5

 
5.2

 
15.7

Balance at September 30, 2017
$
2,626.0

 
$
1,548.8

 
$
875.2

 
$
2,424.0
Summary of acquisition and integration related charges incurred
The following table summarizes acquisition and integration related charges incurred by the Company for Fiscal 2017, 2016 and 2015:
 
Fiscal
 
2017
 
2016
 
2015
Hardware & Home Improvement Business
$
5.9

 
$
13.3

 
$
12.0

PetMatrix
4.5

 
—

 
—

Armored AutoGroup Parent Inc.
3.2

 
14.6

 
21.8

Shaser
1.2

 
—

 
—

GloFish
1.0

 
—

 
—

Salix Animal Health LLC
0.7

 
2.1

 
10.7

European IAMS and Eukanuba pet food business
0.2

 
3.5

 
9.3

Other
4.3

 
3.8

 
7.3

Total acquisition and integration related charges
$
21.0

 
$
37.3

 
$
61.1
GloFish [Member]  
Business Acquisition [Line Items]  
Summary of Changes in Carrying Amounts of Goodwill and Intangible Assets Including FGL's DAC and VOBA Balances
The values allocated to intangible assets and the weighted average useful lives are as follows:
 
 
Carrying Amount
 
Weighted Average Useful Life (Years)
Tradenames
 
$
75.0

 
Indefinite
Technology
 
21.0

 
14
Customer relationships
 
12.0

 
16
Non-compete agreement
 
2.4

 
5
Total intangibles acquired
 
$
110.4

 
 
Summary of fair value of assets acquired and liabilities assumed
The calculation of purchase price and purchase price allocation is as follows:
 
 
Purchase Price
Cash consideration
 
$
255.2

 
 
Purchase Price Allocation
Cash and cash equivalents
 
$
0.2

Receivables, net
 
7.8

Inventories, net
 
16.0

Property, Plant and Equipment, net
 
0.8

Goodwill
 
123.8

Intangibles, net
 
110.4

Other assets
 
0.9

Accounts payable and other current liabilities
 
(4.7
)
Net assets acquired
 
$
255.2