XML 71 R46.htm IDEA: XBRL DOCUMENT v3.19.1
Share Based Compensation (Tables)
12 Months Ended
Sep. 30, 2018
Summary Of Share Based Compensation Expense



 

 

 

 

 

 

 

 

 

(in millions)

 

 

2018

 

 

2017

 

 

2016

Spectrum equity plan

 

$

10.5 

 

$

49.0 

 

$

57.5 

HRG Equity Plan

 

 

1.4 

 

 

5.2 

 

 

13.6 

SBH

 

$

11.9 

 

$

54.2 

 

$

71.1 

SB/RH

 

$

8.8 

 

$

46.2 

 

$

52.5 



Summary Of RSU Activity



 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 



 

SBH

 

SB/RH



 

 

 

Weighted

 

Fair

 

 

 

Weighted

 

Fair



 

 

 

Average

 

Value

 

 

 

Average

 

Value



 

 

 

Grant Date

 

at Grant

 

 

 

Grant Date

 

at Grant

(in millions, except per share data)

 

Shares

 

Fair Value

 

Date

 

Shares

 

Fair Value

 

Date

At September 30, 2015

 

0.6 

 

$

87.50 

 

$

53.2 

 

0.5 

 

$

87.71 

 

$

42.1 

Granted

 

0.6 

 

 

94.88 

 

 

56.0 

 

0.6 

 

 

95.00 

 

 

54.1 

Forfeited

 

(0.1)

 

 

92.26 

 

 

(6.6)

 

(0.1)

 

 

92.26 

 

 

(6.6)

Vested

 

(0.5)

 

 

86.97 

 

 

(47.8)

 

(0.5)

 

 

86.78 

 

 

(44.3)

At September 30, 2016

 

0.6 

 

 

94.97 

 

 

54.8 

 

0.5 

 

 

96.92 

 

 

45.3 

Granted

 

0.7 

 

 

127.00 

 

 

88.4 

 

0.7 

 

 

126.85 

 

 

86.9 

Forfeited

 

 

 

118.89 

 

 

(1.4)

 

 

 

118.89 

 

 

(1.4)

Vested

 

(0.5)

 

 

109.03 

 

 

(54.6)

 

(0.5)

 

 

111.98 

 

 

(48.4)

At September 30, 2017

 

0.8 

 

 

114.67 

 

 

87.2 

 

0.7 

 

 

116.32 

 

 

82.4 

Granted

 

0.4 

 

 

102.96 

 

 

45.9 

 

0.4 

 

 

102.92 

 

 

44.4 

Forfeited

 

(0.1)

 

 

115.08 

 

 

(8.5)

 

(0.1)

 

 

115.08 

 

 

(8.5)

Vested

 

(0.5)

 

 

113.07 

 

 

(55.6)

 

(0.4)

 

 

114.07 

 

 

(51.1)

At September 30, 2018

 

0.6 

 

$

107.71 

 

$

69.0 

 

0.6 

 

$

108.75 

 

$

67.2 



Summary Of Activity Of The RSUs Granted



 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 



 

SBH

 

SB/RH



 

 

 

Weighted

 

Fair

 

 

 

Weighted

 

Fair



 

 

 

Average

 

Value

 

 

 

Average

 

Value



 

 

 

Grant Date

 

at Grant

 

 

 

Grant Date

 

at Grant

(in millions, except per share data)

 

Units

 

Fair Value

 

Date

 

Units

 

Fair Value

 

Date

Time-based grants

 

0.2 

 

$

96.25 

 

$

20.1 

 

0.2 

 

$

95.65 

 

$

18.6 

Performance-based grants

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

   Vesting in less than 24 months

 

0.1 

 

 

108.33 

 

 

13.2 

 

0.1 

 

 

108.33 

 

 

13.2 

   Vesting in more than 24 months

 

0.1 

 

 

109.45 

 

 

12.6 

 

0.1 

 

 

109.45 

 

 

12.6 

Total performance-based grants

 

0.2 

 

$

108.87 

 

$

25.8 

 

0.2 

 

$

108.87 

 

$

25.8 

Total grants

 

0.4 

 

$

102.96 

 

$

45.9 

 

0.4 

 

$

102.92 

 

$

44.4 



Stock Option Awards And Warrants [Member]  
Summary Of HRG Share-Based Awards



 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 



 

Stock Options

 

Warrants



 

 

 

Weighted

 

Weighted

 

 

 

Weighted

 

Weighted



 

 

 

Average

 

Average

 

 

 

Average

 

Average



 

 

 

Exercise

 

Grant Date

 

 

 

Exercise

 

Grant Date

(in millions, except per share data)

 

Options

 

Price

 

Fair Value

 

Units

 

Price

 

Fair Value

As of September 30, 2015

 

4.7 

 

$

9.25 

 

$

3.70 

 

1.8 

 

$

13.13 

 

$

9.66 

Granted

 

0.1 

 

 

13.93 

 

 

5.07 

 

 

 

 

 

Exercised

 

(0.6)

 

 

7.82 

 

 

3.05 

 

(0.6)

 

 

13.13 

 

 

(3.22)

As of September 30, 2016

 

4.2 

 

 

9.48 

 

 

3.80 

 

1.2 

 

 

13.13 

 

 

6.44 

Granted

 

0.3 

 

 

15.39 

 

 

5.96 

 

 

 

 

 

 

Exercised

 

(0.5)

 

 

11.28 

 

 

4.48 

 

(0.6)

 

 

13.13 

 

 

(3.22)

As of September 30, 2017

 

4.0 

 

 

9.69 

 

 

3.88 

 

0.6 

 

 

13.13 

 

 

3.22 

Granted

 

 

 

 

 

 

 

 

 

 

Exercised

 

(2.5)

 

 

8.38 

 

 

(3.33)

 

(0.6)

 

 

13.13 

 

 

(3.22)

As of July 13, 2018

 

1.5 

 

 

11.80 

 

 

4.78 

 

 

$

 

$

Vested and exercisable at September 30, 2018

 

0.2 

 

$

73.29 

 

$

4.78 

 

 

 

 

 

 

 

 



Assumptions Used In Determination Of Grant Date Fair Values



 

 

 

 

 

 



 

2017

 

 

2016

Risk-free interest rate

 

 

1.80% to 2.25%

 

 

1.80% to 2.25%

Assumed dividend yield

 

 

- %

 

 

- %

Expected option term

 

 

5.0 to 6.5 years

 

 

5.0 to 5.5 years

Volatility

 

 

35.1% to 37.5%

 

 

37.4% to 37.9%



Restricted Stock Awards And Units [Member]  
Summary Of HRG Share-Based Awards



 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 



 

Restricted Stock Awards

 

Restricted Stock Units



 

 

 

Weighted

 

Fair

 

 

 

Weighted

 

Fair



 

 

 

Average

 

Value

 

 

 

Average

 

Value



 

 

 

Grant Date

 

at Grant

 

 

 

Grant Date

 

at Grant

(in millions, except per share data)

 

Units

 

Fair Value

 

Date

 

Units

 

Fair Value

 

Date

As of September 30, 2015

 

4.3 

 

$

11.74 

 

$

50.3 

 

0.1 

 

$

12.33 

 

$

0.5 

Granted

 

0.1 

 

 

13.93 

 

 

1.4 

 

0.1 

 

 

13.93 

 

 

0.1 

Exercised

 

(2.4)

 

 

11.01 

 

 

(26.5)

 

(0.1)

 

 

13.93 

 

 

(0.1)

As of September 30, 2016

 

2.0 

 

 

12.74 

 

 

25.2 

 

0.1 

 

 

12.33 

 

 

0.5 

Granted

 

0.1 

 

 

15.71 

 

 

0.3 

 

 

 

 

 

Exercised

 

(2.0)

 

 

12.73 

 

 

(23.6)

 

(0.1)

 

 

12.33 

 

 

(0.5)

As of September 30, 2017

 

0.1 

 

 

13.36 

 

 

1.9 

 

 

 

 

 

Granted

 

0.1 

 

 

16.85 

 

 

0.4 

 

 

 

 

 

Exercised

 

(0.2)

 

 

13.85 

 

 

(2.3)

 

 

 

 

 

Outstanding, vested and exercisable at July 13, 2018

 

 

$

 

$

 

 

$

 

$