EARNINGS PER SHARE – SBH (Tables)

6 Months Ended

Mar. 31, 2024

Earnings Per Share [Abstract]

Schedule of Earnings Per Share

The reconciliation of the numerator and denominator of the basic and diluted earnings per share calculation and the anti-dilutive shares for the three and six month periods ended March 31, 2024 and April 2, 2023, are as follows:

	Three Month Periods Ended				Six Month Periods Ended
(in millions, except per share amounts)	March 31, 2024		April 2, 2023		March 31, 2024		April 2, 2023
Numerator
Net income (loss) from continuing operations attributable to controlling interest	$	50.1	$	(75.1)	$	67.5	$	(115.3)
Income from discontinued operations attributable to controlling interest, net of tax	11.0		21.4		22.7		40.7
Net income (loss) attributable to controlling interest	$	61.1	$	(53.7)	$	90.2	$	(74.6)
Denominator
Weighted average shares outstanding – basic	30.2		41.0		32.1		40.9
Dilutive shares	0.2		—		0.1		—
Weighted average shares outstanding – diluted	30.4		41.0		32.2		40.9
Earnings per share
Basic earnings per share from continuing operations	$	1.66	$	(1.83)	$	2.10	$	(2.82)
Basic earnings per share from discontinued operations	0.37		0.52		0.71		1.00
Basic earnings per share	$	2.03	$	(1.31)	$	2.81	$	(1.82)
Diluted earnings per share from continuing operations	$	1.65	$	(1.83)	$	2.09	$	(2.82)
Diluted earnings per share from discontinued operations	0.36		0.52		0.71		1.00
Diluted earnings per share	$	2.01	$	(1.31)	$	2.80	$	(1.82)
Weighted average number of anti-dilutive shares excluded from denominator	—		0.1		—		0.1