Segment Data (Tables)

9 Months Ended

Aug. 02, 2024

Segment Reporting [Abstract]

Schedule of Financial Information Concerning Reportable Segments

The following tables present summarized financial information concerning the company’s reportable business segments and Other activities (dollars in millions):

Three Months Ended August 2, 2024	Professional		Residential		Other		Total
Net sales	$	880.9	$	267.5	$	8.5	$	1,156.9
Intersegment gross sales (eliminations)	17.2		0.1		(17.3)		—
Earnings (loss) before income taxes	$	165.7	$	32.6	$	(54.1)	$	144.2
Nine Months Ended August 2, 2024	Professional		Residential		Other		Total
Net sales	$	2,643.0	$	843.2	$	21.6	$	3,507.8
Intersegment gross sales (eliminations)	39.0		0.2		(39.2)		—
Earnings (loss) before income taxes	469.2		92.2		(157.9)		403.5
Total assets	$	2,714.6	$	576.9	$	439.9	$	3,731.4

Three Months Ended August 4, 2023	Professional		Residential		Other		Total
Net sales	$	896.3	$	175.3	$	10.2	$	1,081.8
Intersegment gross sales (eliminations)	11.7		—		(11.7)		—
Earnings (loss) before income taxes1	$	13.0	$	3.8	$	(45.4)	$	(28.6)
Nine Months Ended August 4, 2023	Professional		Residential		Other		Total
Net sales	$	2,845.7	$	705.8	$	18.5	$	3,570.0
Intersegment gross sales (eliminations)	35.5		0.1		(35.6)		—
Earnings (loss) before income taxes1	384.6		64.4		(135.4)		313.6
Total assets	$	2,723.1	$	537.9	$	324.9	$	3,585.9

1 The Professional reportable segment earnings (loss) before income taxes includes $151.3 million of non-cash impairment charges recorded during the preparation of the financial statements for the third quarter of fiscal 2023 related to the Intimidator operating segment. For additional information regarding the impairment charges, refer to Note 5, Goodwill and Other Intangible Assets, Net.

Schedule of Components of Loss Before Income Taxes Included in Other Segment

The following table presents the details of operating loss before income taxes for the company's Other activities:

	Three Months Ended				Nine Months Ended
(Dollars in millions)	August 2, 2024		August 4, 2023		August 2, 2024		August 4, 2023
Corporate expenses	$	(44.5)	$	(34.0)	$	(135.1)	$	(110.7)
Interest expense	(14.5)		(15.0)		(47.4)		(43.8)
Earnings from the company's wholly-owned domestic distribution company and other income, net	4.9		3.6		24.6		19.1
Total operating loss	$	(54.1)	$	(45.4)	$	(157.9)	$	(135.4)