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Condensed Consolidated Statements Of Income - USD ($)
shares in Millions, $ in Millions
3 Months Ended 6 Months Ended
Mar. 29, 2020
Mar. 31, 2019
Mar. 29, 2020
Mar. 31, 2019
Net sales $ 937.8 $ 906.7 $ 1,809.3 $ 1,787.0
Cost of goods sold 606.0 601.0 1,198.5 1,174.7
Restructuring and related charges 2.9 0.2 12.8 1.0
Gross profit 328.9 305.5 598.0 611.3
Selling 150.0 151.4 296.1 306.9
General and administrative 81.9 83.6 162.2 183.0
Research and development 10.1 11.2 19.9 22.3
Restructuring and related charges 19.0 12.4 36.6 20.5
Transaction related charges 7.2 5.3 11.3 11.6
Loss on assets held for sale (7.0)   25.7  
Write-off from impairment of intangible assets     24.2  
Total operating expenses 261.2 263.9 576.0 544.3
Operating income 67.7 41.6 22.0 67.0
Interest expense 35.5 94.2 70.4 151.2
Other non-operating expense, net 110.4 24.1 66.8 24.8
(Loss) income from continuing operations before income taxes (78.2) (76.7) (115.2) (109.0)
Income tax benefit (19.0) (22.7) (18.3) (26.0)
Net loss from continuing operations (59.2) (54.0) (96.9) (83.0)
Income from discontinued operations, net of tax 1.4 783.6 4.3 700.4
Net (loss) income (57.8) 729.6 (92.6) 617.4
Net (loss) income attributable to non-controlling interest (0.8) 1.0 0.1 1.2
Net (loss) income attributable to controlling interest (57.0) 728.6 (92.7) 616.2
Amounts attributable to controlling interest        
Net loss from continuing operations attributable to controlling interest (58.4) (55.0) (97.0) (84.2)
Net income from discontinued operations attributable to controlling interest $ 1.4 $ 783.6 $ 4.3 $ 700.4
Earnings Per Share        
Basic earnings per share from continuing operations $ (1.29) $ (1.06) $ (2.09) $ (1.60)
Basic earnings per share from discontinued operations 0.03 15.13 0.09 13.32
Basic earnings per share (1.26) 14.07 (2.00) 11.72
Diluted earnings per share from continuing operations (1.29) (1.06) (2.09) (1.60)
Diluted earnings per share from discontinued operations 0.03 15.13 0.09 13.32
Diluted earnings per share (1.26) 14.07 (2.00) 11.72
Dividend per share $ 0.42 $ 0.42 $ 0.84 $ 0.84
Weighted Average Shares Outstanding        
Basic 45.1 51.8 46.4 52.6
Diluted 45.1 51.8 46.4 52.6
SB/RH [Member]        
Net sales $ 937.8 $ 906.7 $ 1,809.3 $ 1,787.0
Cost of goods sold 606.0 601.0 1,198.5 1,174.7
Restructuring and related charges 2.9 0.2 12.8 1.0
Gross profit 328.9 305.5 598.0 611.3
Selling 150.0 151.4 296.1 306.9
General and administrative 78.0 82.4 157.5 180.6
Research and development 10.1 11.2 19.9 22.3
Restructuring and related charges 19.0 12.4 36.6 20.5
Transaction related charges 7.2 5.3 11.3 11.6
Loss on assets held for sale (7.0)   25.7  
Write-off from impairment of intangible assets     24.2  
Total operating expenses 257.3 262.7 571.3 541.9
Operating income 71.6 42.8 26.7 69.4
Interest expense 35.3 48.3 70.0 91.5
Other non-operating expense, net 110.4 24.2 66.8 25.0
(Loss) income from continuing operations before income taxes (74.1) (29.7) (110.1) (47.1)
Income tax benefit (17.5) (17.3) (16.6) (15.8)
Net loss from continuing operations (56.6) (12.4) (93.5) (31.3)
Income from discontinued operations, net of tax 1.4 783.6 4.3 700.4
Net (loss) income (55.2) 771.2 (89.2) 669.1
Net (loss) income attributable to non-controlling interest (0.8) 1.0 0.1 1.2
Net (loss) income attributable to controlling interest (54.4) 770.2 (89.3) 667.9
Amounts attributable to controlling interest        
Net loss from continuing operations attributable to controlling interest (55.8) (13.4) (93.6) (32.5)
Net income from discontinued operations attributable to controlling interest $ 1.4 $ 783.6 $ 4.3 $ 700.4