Segments

9 Months Ended

Jun. 30, 2017

Segment Reporting [Abstract]

Segments

SEGMENTS

The Company’s reportable segments are as follows:

• Post Consumer Brands: primarily ready-to-eat (“RTE”) cereals;

• Michael Foods Group: eggs, potatoes, cheese and pasta;

• Active Nutrition: protein shakes, bars and powders and nutritional supplements; and

• Private Brands: primarily peanut and other nut butters, dried fruit and nuts, and granola.

Management evaluates each segment’s performance based on its segment profit, which is its operating profit before impairment of property and intangible assets, facility closure related costs, restructuring expenses, losses on assets held for sale, gain on sale of business and other unallocated corporate income and expenses. The following tables present information about the Company’s reportable segments, including corresponding amounts for the prior year.

			Three Months Ended June 30,						Nine Months Ended June 30,
			2017			2016			2017			2016
Net Sales
	Post Consumer Brands		$	427.3		$	434.5		$	1,279.0		$	1,286.2
	Michael Foods Group		524.2			518.0			1,579.0			1,662.1
	Active Nutrition		188.7			156.1			519.9			415.7
	Private Brands		132.0			137.9			399.7			403.2
	Eliminations		(0.1		)	(0.4		)	(0.3		)	(1.2		)
		Total	$	1,272.1		$	1,246.1		$	3,777.3		$	3,766.0
Segment Profit
	Post Consumer Brands		$	96.9		$	75.2		$	268.6		$	212.8
	Michael Foods Group		46.4			65.6			72.1			236.0
	Active Nutrition		28.0			17.7			74.1			42.0
	Private Brands		8.0			9.0			24.5			29.6
		Total segment profit	179.3			167.5			439.3			520.4
General corporate (income) expenses and other			(11.2		)	25.5			35.1			83.0
Interest expense, net			76.5			77.3			229.6			232.3
Loss on extinguishment of debt			160.4			—			222.9			—
Other expense (income), net			45.2			62.6			(100.3		)	169.4
(Loss) earnings before income taxes			$	(91.6	)	$	2.1		$	52.0		$	35.7
Depreciation and amortization
	Post Consumer Brands		$	27.4		$	26.1		$	81.5		$	78.6
	Michael Foods Group		36.5			35.5			110.0			106.0
	Active Nutrition		6.3			6.4			18.8			18.8
	Private Brands		6.7			6.2			19.9			18.6
		Total segment depreciation and amortization	76.9			74.2			230.2			222.0
	Corporate and accelerated depreciation		0.9			1.5			2.7			4.9
		Total	$	77.8		$	75.7		$	232.9		$	226.9
Assets									June 30, 2017			September 30, 2016
	Post Consumer Brands								$	3,338.7		$	3,387.0
	Michael Foods Group								3,570.0			3,498.1
	Active Nutrition								614.1			624.8
	Private Brands								661.2			655.9
	Corporate								2,620.2			1,194.8
		Total							$	10,804.2		$	9,360.6