SEGMENT INFORMATION

The Company divides its business into three reportable segments: U.S. Consumer, Hawthorne and Other. U.S. Consumer consists of the Company’s consumer lawn and garden business located in the geographic United States. Hawthorne consists of the Company’s indoor, urban and hydroponic gardening business. Other consists of the Company’s consumer lawn and garden business in geographies other than the U.S. and the Company’s product sales to commercial nurseries, greenhouses and other professional customers. Corporate consists of general and administrative expenses and certain other income/expense items not allocated to the business segments. This identification of reportable segments is consistent with how the segments report to and are managed by the chief operating decision maker of the Company. These segments differ from those used in prior periods due to the change in the Company’s internal organizational structure resulting from the Company’s divestiture of the International Business on August 31, 2017. As a result, effective in its fourth quarter of fiscal 2017, the Company classified its results of operations for all periods presented to reflect the International Business as a discontinued operation and classified the assets and liabilities of the International Business as held for sale. The prior period amounts have been reclassified to conform with the new segments.

Segment performance is evaluated based on several factors, including income (loss) from continuing operations before income taxes, amortization, impairment, restructuring and other charges (“Segment Profit (Loss)”). Senior management uses this measure of profit (loss) to evaluate segment performance because the Company believes this measure is indicative of performance trends and the overall earnings potential of each segment.

The following tables present financial information for the Company’s reportable segments for the periods indicated:



	THREE MONTHS ENDED						SIX MONTHS ENDED
	MARCH 31, 2018			APRIL 1, 2017			MARCH 31, 2018			APRIL 1, 2017
	(In millions)
Net sales:
U.S. Consumer	$	920.2		$	974.8		$	1,046.1		$	1,101.0
Hawthorne	41.8			59.1			118.5			122.8
Other	51.3			50.7			70.3			68.2
Consolidated	$	1,013.3		$	1,084.6		$	1,234.9		$	1,292.0

Segment Profit (Loss):
U.S. Consumer	$	286.2		$	313.9		$	248.3		$	275.4
Hawthorne	(4.8		)	9.6			(3.0		)	16.3
Other	1.6			3.8			(2.5		)	1.5
Total Segment Profit (Loss)	283.0			327.3			242.8			293.2
Corporate	(33.6		)	(35.4		)	(58.7		)	(57.8		)
Intangible asset amortization	(6.9		)	(5.6		)	(13.7		)	(11.1		)
Impairment, restructuring and other	(10.2		)	(1.0		)	(10.0		)	(0.8		)
Equity in income (loss) of unconsolidated affiliates	1.5			(24.1		)	2.1			(37.3		)
Interest expense	(22.6		)	(21.5		)	(40.4		)	(36.8		)
Other non-operating expense, net	(9.2		)	—			(6.7		)	—
Income from continuing operations before income taxes	$	202.0		$	239.7		$	115.4		$	149.4



	MARCH 31, 2018		APRIL 1, 2017		SEPTEMBER 30, 2017
	(In millions)
Total assets:
U.S. Consumer	$	2,487.6	$	2,569.4	$	1,650.3
Hawthorne	664.4		502.3		648.0
Other	213.7		209.9		150.7
Corporate	209.8		178.9		298.0
Assets held for sale	—		331.5		—
Consolidated	$	3,575.5	$	3,792.0	$	2,747.0