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Revenue Recognition
6 Months Ended
Mar. 31, 2019
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 for the three and six month periods ended March 31, 2019, by the Company’s key revenue streams, segments and geographic region (based upon destination):







 

 

 

 

 

 

 

 

 

 

 

 

 

 

 



 

Three Month Periods Ended March 31, 2019

(in millions)

 

HHI

 

HPC

 

PET

 

H&G

 

Total

Product Sales

 

 

 

 

 

 

 

 

 

 

 

 

 

 

NA

 

$

313.1 

 

$

91.4 

 

$

140.9 

 

$

137.5 

 

$

682.9 

EMEA

 

 

0.1 

 

 

87.8 

 

 

60.2 

 

 

 

 

148.1 

LATAM

 

 

11.7 

 

 

28.5 

 

 

3.3 

 

 

0.9 

 

 

44.4 

APAC

 

 

5.8 

 

 

11.8 

 

 

7.6 

 

 

 

 

25.2 

Licensing

 

 

0.4 

 

 

2.2 

 

 

1.7 

 

 

0.6 

 

 

4.9 

Other

 

 

 

 

 

 

1.2 

 

 

 

 

1.2 

Total Revenue

 

$

331.1 

 

$

221.7 

 

$

214.9 

 

$

139.0 

 

$

906.7 









 

 

 

 

 

 

 

 

 

 

 

 

 

 

 



 

Six Month Periods Ended March 31, 2019

(in millions)

 

HHI

 

HPC

 

PET

 

H&G

 

Total

Product Sales

 

 

 

 

 

 

 

 

 

 

 

 

 

 

NA

 

$

602.3 

 

$

208.3 

 

$

279.2 

 

$

189.5 

 

$

1,279.3 

EMEA

 

 

0.2 

 

 

227.6 

 

 

112.5 

 

 

 

 

340.3 

LATAM

 

 

22.0 

 

 

66.7 

 

 

6.4 

 

 

2.2 

 

 

97.3 

APAC

 

 

11.0 

 

 

30.2 

 

 

15.7 

 

 

 

 

56.9 

Licensing

 

 

0.7 

 

 

6.1 

 

 

3.4 

 

 

0.6 

 

 

10.8 

Other

 

 

 

 

 

 

2.4 

 

 

 

 

2.4 

Total Revenue

 

$

636.2 

 

$

538.9 

 

$

419.6 

 

$

192.3 

 

$

1,787.0 





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 – Basis of Presentation and Significant Accounting Policies and Procedures for further discussion of the implementation of Topic 606.