Segment Information

12 Months Ended

Sep. 30, 2013

Segment Information [Abstract]

Segment Reporting Disclosure [Text Block]

Segment Information

The Company manages its business in four vertically integrated, product-focused reporting segments: (i) Global Batteries & Appliances; (ii) Global Pet Supplies; (iii) Home and Garden Business; and (iv) Hardware & Home Improvement.

The results of the HHI Business are included in the Company's Consolidated Statement of Operations as of and subsequent to December 17, 2012, the date of the Hardware Acquisition. The results of TLM Taiwan are included in the Company's Consolidated Statement of Operations as of and subsequent to its acquisition on April 8, 2013. The financial results related to the HHI Business are reported as a separate business segment, Hardware & Home Improvement.

Global strategic initiatives and financial objectives for each reportable segment are determined at the corporate level. Each reportable segment is responsible for implementing defined strategic initiatives and achieving certain financial objectives, and has a general manager responsible for the sales and marketing initiatives and financial results for product lines within that segment.

Net sales and Cost of goods sold to other business segments have been eliminated. The gross contribution of intersegment sales is included in the segment selling the product to the external customer. Segment net sales are based upon the segment from which the product is shipped.

The operating segment profits do not include restructuring and related charges, acquisition and integration related charges, impairment charges, interest expense, interest income and income tax expense. Expenses associated with certain general and administrative functions necessary to reflect the operating segments on a standalone basis have also been excluded in the determination of reportable segment profits. Corporate expenses primarily include general and administrative expenses and the costs of global long-term incentive compensation plans which are evaluated on a consolidated basis and not allocated to the Company’s operating segments. All depreciation and amortization included in income from operations is related to operating segments or corporate expense. Costs are identified to operating segments or corporate expense according to the function of each cost center.

All capital expenditures are related to operating segments. Variable allocations of assets are not made for segment reporting.

Segment information for the Company for Fiscal 2013, Fiscal 2012 and Fiscal 2011, is as follows:

Net sales to external customers

	2013		2012		2011
Consumer batteries	$	931,647	$	948,652	$	953,301
Small appliances	740,289		771,568		777,823
Electric shaving and grooming	276,783		279,468		274,587
Electric personal care	254,858		250,251		248,442
Global Batteries & Appliances	2,203,577		2,249,939		2,254,153
Global Pet Supplies	621,834		615,508		578,905
Home and Garden Business	390,539		386,988		353,858
Hardware & Home Improvement	869,631		—		—
Total segments	$	4,085,581	$	3,252,435	$	3,186,916

Depreciation and amortization

	2013		2012		2011
Global Batteries & Appliances	$	67,229	$	63,618	$	68,111
Global Pet Supplies	29,615		27,702		24,274
Home and Garden Business	11,685		13,296		12,375
Hardware & Home Improvement	31,364		—		—
Total segments	139,893		104,616		104,760
Corporate	—		—		—
Total Depreciation and amortization	$	139,893	$	104,616	$	104,760

Segment profit

	2013			2012		2011
Global Batteries & Appliances	$	237,544		$	244,442	238,864
Global Pet Supplies	91,080			85,866		75,564
Home and Garden Business	78,483			73,609		65,180
Hardware & Home Improvement	88,668			—		—
Total segments	495,775			403,917		379,608
Corporate expenses	60,444			47,204		53,259
Acquisition and integration related charges	48,445			31,066		36,603
Restructuring and related charges	34,012			19,591		28,644
Intangible asset impairment	—			—		32,450
Interest expense	369,519			191,998		208,492
Other expense, net	3,506			878		2,491
(Loss) income from continuing operations before income taxes	$	(20,151	)	$	113,180	$	17,669

On February 8, 2013, the Venezuelan government announced the formal devaluation of its currency, the Bolivar fuerte, relative to the U.S. dollar. As Venezuela continues to be considered a highly inflationary economy, the functional currency of the Company's Venezuelan subsidiary is the U.S. dollar. Therefore, the Company remeasured the local statement of financial position of its Venezuela entity as of February 8, 2013 to reflect the impact of the devaluation to the official exchange rate from 4.3 to 6.3 Bolivar fuerte per U.S. dollar. The effect of the devaluation of the Bolivar fuerte was recorded in other expense, net and resulted in a $1,953 reduction to the Company's pretax income during Fiscal 2013.

Segment total assets

	September 30,
	2013		2012
Global Batteries & Appliances	$	2,360,733	$	2,243,472
Global Pet Supplies	948,832		956,043
Home and Garden Business	500,559		508,083
Hardware & Home Improvement	1,735,629		—
Total segments	5,545,753		3,707,598
Corporate	73,291		45,913
Total assets at year end	$	5,619,044	$	3,753,511

Segment long-lived assets (A)

	September 30,
	2013		2012
Global Batteries & Appliances	$	1,545,641	$	1,434,392
Global Pet Supplies	757,299		768,140
Home and Garden Business	437,606		445,774
Hardware & Home Improvement	1,335,390		—
Total segments	4,075,936		2,648,306
Corporate	67,832		41,916
Long-lived assets at year end	$	4,143,768	$	2,690,222

(A) Includes all of the Company’s non-current assets.

Capital expenditures

	2013		2012		2011
Global Batteries & Appliances	$	47,928	$	36,271	$	25,471
Global Pet Supplies	8,268		7,447		7,059
Home and Garden Business	2,395		3,091		3,630
Hardware & Home Improvement	23,385		—		—
Total segments	81,976		46,809		36,160
Corporate	—		—		—
Total Capital expenditures	$	81,976	$	46,809	$	36,160

Geographic Disclosures—Net sales to external customers

	2013		2012		2011
United States	$	2,411,409	$	1,772,138	$	1,780,127
Outside the United States	1,674,172		1,480,297		1,406,789
Total net sales to external customers	$	4,085,581	$	3,252,435	$	3,186,916

Geographic Disclosures—Long-lived assets (A)

	September 30,
	2013		2012
United States	$	3,218,523	$	1,988,632
Outside the United States	925,245		701,590
Long-lived assets at year end	$	4,143,768	$	2,690,222

(A) Includes all of the Company’s non-current assets.