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Segment and Georgraphic Data
6 Months Ended
Mar. 31, 2018
Segment Reporting [Abstract]  
Segment and Geographic 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 HRG’s management views those business activities. Accordingly, the Company currently presents the results from its business operations in two reporting segments: (i) Consumer Products and (ii) Corporate and Other. Refer to Note 20, Consolidating Financial Information, for disclosure of total assets for each segment.
The Company’s Corporate and Other segment includes the Company’s ownership of Salus, NZCH, HGI Funding and HGI Energy. The following schedules present the Company’s segment information for the three and six months ended March 31, 2018 and 2017:
 
Three months ended March 31,
 
Six months ended March 31,
 
2018
 
2017
 
2018
 
2017
Revenues:
 
 
 
 
 
 
 
Consumer Products
$
766.1

 
$
756.4

 
$
1,412.6

 
$
1,358.7

Corporate and Other

 
1.0

 

 
1.0

Total revenues
$
766.1

 
$
757.4

 
$
1,412.6

 
$
1,359.7

 
 
 
 
 
 
 
 
Operating income:
 
 
 
 
 
 
 
Consumer Products
$
43.1

 
$
104.8

 
$
77.1

 
$
166.3

Corporate and Other and eliminations
(14.2
)
 
(9.5
)
 
(21.6
)
 
(29.7
)
Consolidated operating income
28.9

 
95.3

 
55.5

 
136.6

Interest expense
(67.6
)
 
(77.7
)
 
(143.1
)
 
(156.4
)
Other income (expense), net
0.2

 
(1.4
)
 
1.2

 
(0.4
)
(Loss) income from continuing operations before income taxes
(38.5
)
 
16.2

 
(86.4
)
 
(20.2
)
Income tax (benefit) expense
(1.2
)
 
24.0

 
(127.2
)
 
29.6

Net (loss) income from continuing operations
(37.3
)
 
(7.8
)
 
40.8

 
(49.8
)
Income (loss) from discontinued operations, net of tax
0.7

 
(43.6
)
 
501.5

 
259.2

Net (loss) income
(36.6
)
 
(51.4
)
 
542.3

 
209.4

Less: Net income attributable to noncontrolling interest
0.5

 
30.7

 
72.0

 
79.3

Net (loss) income attributable to controlling interest
$
(37.1
)
 
$
(82.1
)
 
$
470.3

 
$
130.1