Income Taxes (Tables)

12 Months Ended

Sep. 30, 2012

Schedule of Unrecognized Tax Benefits Roll Forward [Table Text Block]

The following table summarizes the changes to the amount of unrecognized tax benefits of Company for Fiscal 2012, Fiscal 2011, and Fiscal 2010:




Unrecognized tax benefits at September 30, 2009	$	7,765
Russell Hobbs acquired unrecognized tax benefits	3,251
Gross decrease – tax positions in prior period	(904		)
Gross increase – tax positions in current period	3,390
Lapse of statutes of limitations	(694		)

Unrecognized tax benefits at September 30, 2010	$	12,808
Gross increase – tax positions in prior period	1,658
Gross decrease – tax positions in prior period	(823		)
Gross increase – tax positions in current period	596
Settlements	(1,850		)
Lapse of statutes of limitations	(3,376		)

Unrecognized tax benefits at September 30, 2011	$	9,013
Gross increase – tax positions in prior period	773
Gross decrease – tax positions in prior period	(1,308		)
Gross increase – tax positions in current period	776
Settlements	(1,737		)
Lapse of statutes of limitations	(1,640		)

Unrecognized tax benefits at September 30, 2012	$	5,877

Schedule of Income before Income Tax, Domestic and Foreign [Table Text Block]

Income tax expense was calculated based upon the following components of income (loss) from continuing operations before income tax:



	2012			2011			2010
Pretax income (loss):
United States	$	(61,879	)	$	(119,439	)	$	(229,910	)
Outside the United States	175,059			137,108			106,079
Total pretax income (loss)	$	113,180		$	17,669		$	(123,831	)

Schedule of Components of Income Tax Expense (Benefit) [Table Text Block]

The components of income tax expense are as follows:



	2012			2011		2010
Current:
Foreign	$	38,113		$	32,649	$	44,481
State	(361		)	2,332		2,907
Total current	37,752			34,981		47,388
Deferred:
Federal	20,884			20,247		22,119
Foreign	5,190			28,054		(6,514		)
State	(3,441		)	9,013		196
Total deferred	22,633			57,314		15,801
Income tax expense	$	60,385		$	92,295	$	63,189

Schedule of Effective Income Tax Rate Reconciliation [Table Text Block]

The following reconciles the total income tax expense based on the Federal statutory income tax rate of 35%, with the Company’s recognized income tax expense:



	2012			2011			2010
Statutory federal income tax expense (benefit)	$	39,613		$	6,184		$	(43,341	)
Permanent items	8,595			10,607			4,828
Exempt foreign income	(5,760		)	(380		)	(9		)
Foreign statutory rate vs. U.S. statutory rate	(15,211		)	(14,132		)	(9,601		)
State income taxes, net of federal benefit	(2,164		)	1,242			(4,979		)
Residual tax on foreign earnings	29,844			18,943			6,609
FURminator purchase accounting benefit	(14,511		)	—			—
Valuation allowance	24,525			68,425			90,854
Reorganization items	—			—			7,553
Unrecognized tax (benefit) expense	(4,386		)	(2,793		)	3,234
Inflationary adjustments	(803		)	(1,472		)	3,409
Correction of immaterial prior period error	—			4,873			5,900
Other, net	643			798			(1,268		)
Income tax expense	$	60,385		$	92,295		$	63,189

Schedule of Deferred Tax Assets and Liabilities [Table Text Block]

The tax effects of temporary differences, which give rise to significant portions of the deferred tax assets and deferred tax liabilities, are as follows:



	September 30,
	2012			2011
Current deferred tax assets:
Employee benefits	$	16,399		$	14,188
Restructuring	8,054			10,682
Inventories and receivables	22,495			21,521
Marketing and promotional accruals	8,270			8,911
Other	13,866			14,742
Valuation allowance	(29,234		)	(28,772		)
Total current deferred tax assets	39,850			41,272
Current deferred tax liabilities:
Inventories and receivables	(2,618		)	(5,015		)
Unrealized gains	(1,153		)	(2,382		)
Other	(7,936		)	(5,705		)
Total current deferred tax liabilities	(11,707		)	(13,102		)
Net current deferred tax assets	$	28,143		$	28,170
Noncurrent deferred tax assets:
Employee benefits	$	33,584		$	29,983
Restructuring and purchase accounting	371			2,269
Net operating loss and credit carry forwards	572,397			525,318
Prepaid royalty	7,006			7,346
Property, plant and equipment	3,255			5,240
Unrealized losses	2,521			9,000
Long-term debt	3,976			22,602
Intangibles	4,282			4,749
Other	7,866			5,743
Valuation allowance	(353,189		)	(344,851		)
Total noncurrent deferred tax assets	282,069			267,399
Noncurrent deferred tax liabilities:
Property, plant, and equipment	(15,337		)	(16,593		)
Unrealized gains	(15,803		)	(11,619		)
Intangibles	(596,199		)	(571,454		)
Taxes on unremitted foreign earnings	(29,231		)	—
Other	(2,964		)	(5,069		)
Total noncurrent deferred tax liabilities	(659,534		)	(604,735		)
Net noncurrent deferred tax liabilities	$	(377,465	)	$	(337,336	)
Net current and noncurrent deferred tax liabilities	$	(349,322	)	$	(309,166	)