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Revenue Recognition
 3 Months Ended
Dec. 30, 2018
Revenue Recognition [Abstract]  
Revenue Recognition

NOTE 6 – REVENUE RECOGNITION





The Company generates all of its revenue from contracts with customers. The following table disaggregates our revenue by the Company’s key revenue streams, segments and geographic region (based upon destination):





 

 

 

 

 

 

 

 

 

 

 

 

 

 

 



 

Three Month Period Ended December 30, 2018

(in millions)

 

HHI

 

HPC

 

PET

 

H&G

 

Total

Product Sales

 

 

 

 

 

 

 

 

 

 

 

 

 

 

NA

 

$

 289.2 

 

$

 116.9 

 

$

 138.4 

 

$

 46.0 

 

$

 590.5 

EMEA

 

 

 0.1 

 

 

 139.8 

 

 

 52.3 

 

 

—

 

 

 192.2 

LATAM

 

 

 10.3 

 

 

 38.2 

 

 

 3.1 

 

 

 1.3 

 

 

 52.9 

APAC

 

 

 5.1 

 

 

 18.4 

 

 

 8.1 

 

 

—

 

 

 31.6 

Licensing

 

 

 0.4 

 

 

 3.9 

 

 

 1.6 

 

 

 0.3 

 

 

 6.2 

Other

 

 

—

 

 

—

 

 

 1.2 

 

 

—

 

 

 1.2 

Total Revenue

 

$

 305.1 

 

$

 317.2 

 

$

 204.7 

 

$

 47.6 

 

$

 874.6 



On October 1, 2018, the Company adopted Topic 606 applying the modified retrospective method to all contracts that were not completed as of October 1, 2018. Results for reporting periods beginning after October 1, 2018 are presented under Topic 606, while prior period amounts are not adjusted and continue to be reported under the accounting standards in effect for the prior period.  The adoption of Topic 606 does not have a material impact to its period revenue or net income on an ongoing basis. Refer to Note 2 – Significant Accounting Policies and Procedures for further discussion of the implementation of Topic 606.