XML 63 R49.htm IDEA: XBRL DOCUMENT v3.8.0.1
Goodwill and Intangibles, net Goodwill and Intangibles, net (Tables)
 12 Months Ended
Sep. 30, 2017
Goodwill and Intangible Assets Disclosure [Abstract]  
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 associated with Spectrum Brands’ continuing operations are as follows:
 
 
 
Intangible Assets
 
Goodwill
 
Indefinite Lived
 
Definite Lived
 
Total
Balance at September 30, 2015
$
2,138.9

 
$
957.6

 
$
637.7

 
$
1,595.3

Adjustments
3.3

 
—

 
3.2

 
3.2

Impairments (Note 2)
(10.7
)
 
(2.7
)
 
—

 
(2.7
)
Periodic amortization
—

 
—

 
(60.6
)
 
(60.6
)
Effect of translation
1.8

 
(1.0
)
 
0.6

 
(0.4
)
Balance at September 30, 2016
2,133.3

 
953.9

 
580.9

 
1,534.8

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
—

 
—

 
(62.0
)
 
(62.0
)
Effect of translation
8.8

 
5.6

 
2.6

 
8.2

Balance at September 30, 2017
$
2,277.1

 
$
1,024.3

 
$
587.7

 
$
1,612.0
Schedule of Finite-Lived Intangible Assets [Table Text Block]
The range and weighted average useful lives for definite-lived intangibles assets associated with Spectrum Brands’ continuing operations are as follows:
Asset Type
 
Range
 
Weighted Average
Customer relationships
 
2 to 20 years
 
17.9 years
Technology assets
 
6 to 18 years
 
11.4 years
Tradenames
 
5 to 13 years
 
6.2 years
Amortizable intangible assets associated with Spectrum Brands’ continuing operations as of September 30, 2017 and 2016 consist of the following:
 
September 30, 2017
 
September 30, 2016
 
Cost
 
Accumulated Amortization
 
Net
 
Cost
 
Accumulated Amortization
 
Net
Customer relationships
$
671.7

 
$
(222.3
)
 
$
449.4

 
$
653.4

 
$
(183.5
)
 
$
469.9

Technology assets
194.6

 
(59.7
)
 
134.9

 
181.3

 
(76.8
)
 
104.5

Trade names
18.5

 
(15.1
)
 
3.4

 
18.3

 
(11.8
)
 
6.5

 
$
884.8

 
$
(297.1
)
 
$
587.7

 
$
853.0

 
$
(272.1
)
 
$
580.9
Estimated Amortization Expense for VOBA and DAC in Future Fiscal Periods
Fiscal Year
 
Estimated Amortization Expense
2018
 
$
57.5

2019
 
57.4

2020
 
55.0

2021
 
49.7

2022
 
48.0