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SPECTRUM BRANDS HOLDINGS, INC. (formerly HRG GROUP, INC.)
UNAUDITED PRO FORMA CONDENSED CONSOLIDATED STATEMENT OF OPERATIONS
For the Year Ended September 30, 2018
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(in millions, except per share)
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Beginning balance
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Pro forma adjustments
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Notes
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Total
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Revenue
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$
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3,145.9
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$
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—
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$
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3,145.9
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Cost of goods sold
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1,992.3
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—
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1,992.3
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Selling, acquisition, operating and general expenses
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1,051.6
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—
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1,051.6
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Operating income
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102.0
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—
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102.0
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Interest expense
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264.6
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—
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264.6
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Other income, net
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(6.3)
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—
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(6.3)
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Loss from continuing operations before income taxes
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(156.3)
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—
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(156.3)
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Income tax benefit
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(460.7)
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—
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(460.7)
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Net income from continuing operations
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304.4
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—
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304.4
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Net income from continuing operations attributable to noncontrolling interest
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74.3
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74.3
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Net income from continuing operations attributable to controlling interest
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$
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230.1
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$
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—
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$
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230.1
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Earnings Per Share
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Basic earnings per share from continuing operations
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$
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6.23
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$
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—
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$
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6.23
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Diluted earnings per share from continuing operations
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$
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6.21
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$
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—
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$
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6.21
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Weighted Average Shares Outstanding
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Basic
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36.9
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—
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36.9
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Diluted
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37.0
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—
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37.0
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