SEGMENT INFORMATION (Tables)

6 Months Ended

Mar. 30, 2025

Schedule of Net Sales Relating to Segments

Net sales relating to the segments for the three and six month periods ended March 30, 2025 and March 31, 2024, are as follows:


	Three Month Periods Ended				Six Month Periods Ended
(in millions)	March 30, 2025		March 31, 2024		March 30, 2025		March 31, 2024
GPC	$	269.2	$	289.9	$	529.2	$	566.8
H&G	152.3		160.7		244.4		232.7
HPC	254.2		267.9		602.3		611.2
Net sales	$	675.7	$	718.5	$	1,375.9	$	1,410.7

Schedule of Segment Information

Segment Adjusted EBITDA for the reportable segments for the three and six month periods ended March 30, 2025 and March 31, 2024, are as follows:


	Three Month Periods Ended				Six month periods ended
(in millions)	March 30, 2025		March 31, 2024		March 30, 2025		March 31, 2024
GPC	$	50.0	$	62.3	$	101.5	$	115.1
H&G	26.7		29.2		36.0		28.5
HPC	7.3		17.8		34.0		44.5
Total segment adjusted EBITDA	84.0		109.3		171.5		188.1
Corporate	13.1		14.5		25.4		32.4

Interest expense	7.5		16.9		13.7		36.1
Interest income	(0.4)		(17.5)		(3.0)		(40.9)
Depreciation	14.0		14.3		28.0		28.8
Amortization	10.5		11.1		21.0		22.2
Share based compensation	5.2		4.5		9.9		8.4
Non-cash impairment charges	15.7		39.5		15.7		43.5
Non-cash purchase accounting adjustments	—		0.5		—		0.9
Gain from early extinguishment of debt	—		—		—		(4.7)
Exit and disposal costs	3.5		0.7		4.0		1.0
HHI separation costs1	0.3		0.8		1.1		2.1
HPC separation initiatives1	(0.3)		2.8		1.0		3.1
Global ERP transformation1	2.3		3.9		4.8		6.9
HPC product recall2	—		6.7		—		6.0
Representation and warranty insurance proceeds3	—		(65.0)		—		(65.0)
Litigation costs4	0.8		0.2		1.6		1.5
Other5	0.4		—		0.5		0.5
Income from continuing operations before income taxes	$	11.4	$	75.4	$	47.8	$	105.3

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1 Incremental costs associated with strategic transactions, restructuring and optimization initiatives, including, but not limited to, the acquisition or divestiture of a business, related integration or separation costs, or the development and implementation of strategies to optimize or restructure operations

2 Incremental net costs from product recalls in the HPC segment. See Note 14 - Commitments and Contingencies for further detail.

3 Gain from the receipt of insurance proceeds on representation and warranty policies during the prior year associated with the Tristar Business acquisition. See Note 14 - Commitments and Contingencies for further detail.

4 Litigation costs associated with the Tristar Business acquisition. See Note 14 - Commitments and Contingencies for further detail.

5 Other is attributable to other project costs associated with distribution center transitions and key executive severance and one-time compensatory costs.