XML 57 R10.htm IDEA: XBRL DOCUMENT v3.19.3.a.u2
Revenue Recognition
3 Months Ended
Dec. 29, 2019
Revenue Recognition [Abstract]  
Revenue Recognition NOTE 4 – REVENUE RECOGNITION

The Company generates all of its revenue from contracts with customers. The following table disaggregates our revenue for the three month periods ended December 29, 2019 and December 30, 2018, by the Company’s key revenue streams, segments and geographic region (based upon destination):

Three Month Periods Ended December 29, 2019

(in millions)

HHI

HPC

GPC

H&G

Total

Product Sales

NA

$

281.6 

$

116.5 

$

138.5 

$

44.3 

$

580.9 

EMEA

0.1 

149.1 

53.9 

203.1 

LATAM

10.5 

36.0 

3.3 

1.3 

51.1 

APAC

5.2 

17.5 

7.0 

29.7 

Licensing

0.3 

3.0 

1.9 

0.3 

5.5 

Other

1.2 

1.2 

Total Revenue

$

297.7 

$

322.1 

$

205.8 

$

45.9 

$

871.5 

Three Month Periods Ended December 30, 2018

(in millions)

HHI

HPC

GPC

H&G

Total

Product Sales

NA

$

289.2 

$

116.9 

$

138.4 

$

51.7 

$

596.2 

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 

$

53.3 

$

880.3 

In the normal course of business, the Company may allow customers to return product or take credit for product returns per the provisions in a sale agreement. Estimated product returns are recorded as a reduction in reported revenues at the time of sale based upon historical product return experience, adjusted for known trends, to arrive at the amount of consideration expected to receive. The allowance for product returns as of December 29, 2019, and September 30, 2019 was $20.2 million and $19.2 million, respectively.