Condensed Consolidating Financial Statements of Guarantors (Tables)

3 Months Ended

Dec. 31, 2014

Condensed Consolidating Financial Statements of Guarantors

Schedule of condensed consolidating balance sheet

Condensed Consolidating Balance Sheet
As of December 31, 2014

	Parent Company			Guarantor Subsidiaries			Non-Guarantor Subsidiaries			Eliminations			Consolidated
Assets
Current assets:
Cash and cash equivalents	$	136,850		$	3,674		$	71,523		$	—		$	212,047
Accounts receivable, net		—			142,566			42,850			—			185,416
Intercompany		14,634			—			41,677			(56,311	)		—
Inventories		—			600,305			203,081			—			803,386
Deferred income taxes		—			25,102			1,853			—			26,955
Other current assets		18,424			14,028			36,807			—			69,259
Total current assets		169,908			785,675			397,791			(56,311	)		1,297,063
Property, plant and equipment, net		105,957			293,901			193,935			—			593,793
Goodwill		—			726,354			420,116			—			1,146,470
Other intangible assets, net		—			1,428,727			337,651			—			1,766,378
Other assets		38,334			8,724			84			—			47,142
Intercompany loan receivable		2,484,368			1,188,662			—			(3,673,030	)		—
Investments in subsidiaries		2,071,071			140,782			—			(2,211,853	)		—
Total assets	$	4,869,638		$	4,572,825		$	1,349,577		$	(5,941,194	)	$	4,850,846
Liabilities and Stockholder's Equity
Current liabilities:
Current portion of long-term debt	$	—		$	—		$	246		$	—		$	246
Accounts payable		—			176,725			89,007			—			265,732
Intercompany		—			56,311			—			(56,311	)		—
Accrued expenses and other current liabilities		17,791			126,197			53,347			—			197,335
Total current liabilities		17,791			359,233			142,600			(56,311	)		463,313
Intercompany loan payable		1,188,659			2,157,500			326,871			(3,673,030	)		—
Long-term debt, net of current portion		2,157,500			—			502			—			2,158,002
Deferred income taxes		22,281			583,925			99,266			—			705,472
Other liabilities		3,726			16,553			24,099			—			44,378
Total liabilities		3,389,957			3,117,211			593,338			(3,729,341	)		3,371,165
Commitments and contingencies
Stockholder's Equity:
Common stock		—			—			—			—			—
Capital in excess of par		1,561,746			1,358,862			746,911			(2,105,773	)		1,561,746
(Accumulated deficit) retained earnings		(23,277	)		107,745			60,266			(168,011	)		(23,277	)
Accumulated other comprehensive income (loss)		(58,788	)		(10,993	)		(50,938	)		61,931			(58,788	)
Total stockholder's equity		1,479,681			1,455,614			756,239			(2,211,853	)		1,479,681
Total liabilities and stockholder's equity	$	4,869,638		$	4,572,825		$	1,349,577		$	(5,941,194	)	$	4,850,846

Condensed Consolidating Balance Sheet
As of September 30, 2014

	Parent Company			Guarantor Subsidiaries			Non-Guarantor Subsidiaries			Eliminations			Consolidated
Assets
Current assets:
Cash and cash equivalents	$	77,550		$	751		$	61,187					$	139,488
Accounts receivable, net		—			130,749			44,952						175,701
Intercompany		30,425			—			32,102			(62,527	)		—
Inventories		—			650,484			202,742			—			853,226
Deferred income taxes		—			27,002			1,913			—			28,915
Other current assets		19,932			18,049			40,843			—			78,824
Total current assets		127,907			827,035			383,739			(62,527	)		1,276,154
Property, plant and equipment, net		95,022			304,274			197,906			—			597,202
Goodwill		—			726,354			436,928			—			1,163,282
Other intangible assets, net		—			1,439,374			352,218			—			1,791,592
Other assets		41,286			8,115			91			—			49,492
Intercompany loan receivable		2,497,343			1,060,793			—			(3,558,136	)		—
Investments in subsidiaries		2,037,163			148,921			—			(2,186,084	)		—
Total assets	$	4,798,721		$	4,514,866		$	1,370,882		$	(5,806,747	)	$	4,877,722
Liabilities and Stockholder's Equity
Current liabilities:
Current portion of long-term debt	$	—		$	—		$	261		$	—		$	261
Accounts payable		—			140,761			87,116			—			227,877
Intercompany		—			62,527			—			(62,527	)		—
Accrued expenses and other current liabilities		34,282			112,136			74,638			—			221,056
Total current liabilities		34,282			315,424			162,015			(62,527	)		449,194
Intercompany loan payable		1,060,793			2,157,500			339,843			(3,558,136	)		—
Long-term debt, net of current portion		2,157,500			—			587			—			2,158,087
Deferred income taxes		22,280			586,116			99,566			—			707,962
Other liabilities		14,773			13,732			24,881			—			53,386
Total liabilities		3,289,628			3,072,772			626,892			(3,620,663	)		3,368,629
Commitments and contingencies
Stockholder's Equity:
Common stock		—			—			—			—			—
Capital in excess of par		1,561,014			1,358,862			739,911			(2,098,773	)		1,561,014
(Accumulated deficit) retained earnings		(22,718	)		89,265			24,570			(113,835	)		(22,718	)
Accumulated other comprehensive income (loss)		(29,203	)		(6,033	)		(20,491	)		26,524			(29,203	)
Total stockholder's equity		1,509,093			1,442,094			743,990			(2,186,084	)		1,509,093
Total liabilities and stockholder's equity	$	4,798,721		$	4,514,866		$	1,370,882		$	(5,806,747	)	$	4,877,722

Schedule of condensed consolidating statement of operations and comprehensive income (loss)

Consolidated Statements of Operations and Comprehensive Income (Loss)
For three months ended December 31, 2014

	Parent Company			Guarantor Subsidiaries			Non-Guarantor Subsidiaries			Eliminations			Consolidated
Net sales	$	—		$	557,361		$	289,017		$	(20,607	)	$	825,771
Costs and expenses:
Cost of sales		—			338,946			126,841			(20,607	)		445,180
Advertising, promotion and catalog		—			34,947			11,947			—			46,894
Selling, general and administrative		22,890			114,937			100,345			—			238,172
		22,890			488,830			239,133			(20,607	)		730,246
Income (loss) from operations		(22,890	)		68,531			49,884			—			95,525
Other income (expense):
Intercompany interest		39,809			(34,781	)		(5,028	)		—			—
Interest		(34,781	)		65			(31	)		—			(34,747	)
Miscellaneous, net		(1,746	)		(843	)		1,234			—			(1,355	)
		3,282			(35,559	)		(3,825	)		—			(36,102	)
Income (loss) before income taxes		(19,608	)		32,972			46,059			—			59,423
Provision (benefit) for income taxes		(1,166	)		12,035			10,363			—			21,232
Equity in income of subsidiaries		56,633			6,333			—			(62,966	)		—
Net income (loss)		38,191			27,270			35,696			(62,966	)		38,191
Other comprehensive income (loss), net of tax:
Foreign currency translation adjustment, net of taxes		(30,306	)		(5,681	)		(30,447	)		36,128			(30,306	)
Change in fair value of interest rate swaps, net of taxes		721			721			—			(721	)		721
Total other comprehensive income (loss), net of tax		(29,585	)		(4,960	)		(30,447	)		35,407			(29,585	)
Comprehensive income (loss)	$	8,606		$	22,310		$	5,249		$	(27,559	)	$	8,606

Consolidated Statements of Operations and Comprehensive Income (Loss)
For three months ended December 31, 2013

	Parent Company			Guarantor Subsidiaries			Non-Guarantor Subsidiaries			Eliminations			Consolidated
Net sales	$	—		$	571,066		$	285,141		$	(29,102	)	$	827,105
Costs and expenses:
Cost of sales		—			341,868			128,952			(29,102	)		441,718
Advertising, promotion and catalog		—			29,114			9,408			—			38,522
Selling, general and administrative		22,273			116,880			93,531			—			232,684
		22,273			487,862			231,891			(29,102	)		712,924
Income (loss) from operations		(22,273	)		83,204			53,250			—			114,181
Other income (expense):
Intercompany interest		39,708			(34,798	)		(4,910	)		—			—
Interest		(34,798	)		—			(20	)		—			(34,818	)
Miscellaneous, net		910			951			(871	)		—			990
		5,820			(33,847	)		(5,801	)		—			(33,828	)
Income (loss) before income taxes		(16,453	)		49,357			47,449			—			80,353
Provision (benefit) for income taxes		(5,369	)		18,615			13,286			—			26,532
Equity in income of subsidiaries		64,905			6,166			—			(71,071	)		—
Net income (loss)		53,821			36,908			34,163			(71,071	)		53,821
Other comprehensive income (loss), net of tax:
Foreign currency translation adjustment, net of taxes		12,196			2,205			9,915			(12,120	)		12,196
Change in fair value of interest rate swaps, net of taxes		1,085			1,085			—			(1,085	)		1,085
Total other comprehensive income (loss), net of tax		13,281			3,290			9,915			(13,205	)		13,281
Comprehensive income (loss)	$	67,102		$	40,198		$	44,078		$	(84,276	)	$	67,102

Schedule of condensed consolidating statement of cash flows

Condensed Consolidating Statement of Cash Flows
Three Months Ended December 31, 2014

	Parent Company			Guarantor Subsidiaries			Non- Guarantor Subsidiaries			Eliminations			Consolidated
Cash (used in) provided by operating activities	$	(24,334	)	$	142,688		$	23,505		$	(8,789	)	$	133,070
Cash flows from investing activities:
Purchase of property, plant and equipment		(8,954	)		(1,009	)		(9,127	)					(19,090	)
Proceeds from sale of property, plant and equipment		—			193			—						193
Investment in subsidiary		(7,000	)		—			—			7,000			—
Net cash used in investing activities		(15,954	)		(816	)		(9,127	)		7,000			(18,897	)
Cash flows from financing activities:
Principal payments under long-term agreements		—			—			(67	)		—			(67	)
Payments for financing fees		(611	)		—			—			—			(611	)
Dividends paid		(38,750	)		—			(8,789	)		8,789			(38,750	)
Capital contribution		—			—			7,000			(7,000	)		—
Intercompany accounts		138,949			(138,949	)		—			—			—
Net cash used in financing activities		99,588			(138,949	)		(1,856	)		1,789			(39,428	)
Effect of exchange rate changes on cash		—			—			(2,186	)		—			(2,186	)
Net increase in cash		59,300			2,923			10,336			—			72,559
Cash at beginning of period		77,550			751			61,187			—			139,488
Cash end of period	$	136,850		$	3,674		$	71,523		$	—		$	212,047

Condensed Consolidating Statement of Cash Flows
Three Months Ended December 31, 2013

	Parent Company			Guarantor Subsidiaries			Non- Guarantor Subsidiaries			Eliminations			Consolidated
Cash (used in) provided by operating activities	$	(6,378	)	$	(54,362	)	$	23,876		$	(3,225	)	$	(40,089	)
Cash flows from investing activities:
Purchase of property, plant and equipment		(1,127	)		(12,388	)		(7,732	)					(21,247	)
Net cash used in investing activities		(1,127	)		(12,388	)		(7,732	)		—			(21,247	)
Cash flows from financing activities:
Principal payments under long-term agreements		—			—			(132	)		—			(132	)
Dividends paid		(21,313	)		—			(3,225	)		3,225			(21,313	)
Intercompany accounts		(33,387	)		33,387			—			—			—
Net cash used in financing activities		(54,700	)		33,387			(3,357	)		3,225			(21,445	)
Effect of exchange rate changes on cash		—			—			970			—			970
Net (decrease) in cash		(62,205	)		(33,363	)		13,757			—			(81,811	)
Cash at beginning of period		81,356			35,357			81,848			—			198,561
Cash at end of period	$	19,151		$	1,994		$	95,605		$	—		$	116,750