Spectrum Brands Holdings Inc
For the period ended Sep 30, 2024. Filed Nov 15, 2024.
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FY2024 · Filed Nov 15, 2024
SPB$88.69-0.7%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Statements of Income
(in millions, except per share figures)
| (in millions, except per share) | 2024 | 2023 | 2022 |
|---|---|---|---|
| Net sales | $2,963.9 | $2,918.8 | $3,132.5 |
| Cost of goods sold | 1,854.6 | 1,994.5 | 2,142.1 |
| Gross profit | 1,109.3 | 924.3 | 990.4 |
| Selling, general & administrative | 958.5 | 899.6 | 995.7 |
| Impairment of goodwill | — | 111.1 | — |
| Impairment of intangible assets | 45.2 | 120.7 | — |
| Representation and warranty insurance proceeds | (65.0) | — | — |
| Gain from remeasurement of contingent consideration liability | — | (1.5) | (28.5) |
| Total operating expenses | 938.7 | 1,129.9 | 967.2 |
| Operating income (loss) | 170.6 | (205.6) | 23.2 |
| Interest expense | 58.5 | 116.1 | 99.4 |
| Interest income | (57.5) | (38.3) | (0.6) |
| (Gain) loss from early extinguishment of debt | (2.6) | 3.0 | — |
| Other non-operating expense, net | 8.6 | 3.8 | 14.7 |
| Income (loss) from continuing operations before income taxes | 163.6 | (290.2) | (90.3) |
| Income tax expense (benefit) | 64.3 | (56.5) | (13.3) |
| Net income (loss) from continuing operations | 99.3 | (233.7) | (77.0) |
| Income from discontinued operations, net of tax | 25.5 | 2,035.6 | 149.7 |
| Net income | 124.8 | 1,801.9 | 72.7 |
| Net income from continuing operations attributable to non-controlling interest | — | 0.1 | 0.2 |
| Net income from discontinued operations attributable to non-controlling interest | — | 0.3 | 0.9 |
| Net income attributable to controlling interest | $124.8 | $1,801.5 | $71.6 |
| Amounts attributable to controlling interest | |||
| Net income (loss) from continuing operations attributable to controlling interest | $99.3 | $(233.8) | $(77.2) |
| Net income from discontinued operations attributable to controlling interest | 25.5 | 2,035.3 | 148.8 |
| Net income attributable to controlling interest | $124.8 | $1,801.5 | $71.6 |
| Earnings Per Share | |||
| Basic earnings per share from continuing operations | $3.28 | $(5.92) | $(1.89) |
| Basic earnings per share from discontinued operations | 0.84 | 51.57 | 3.64 |
| Basic earnings per share | $4.12 | $45.65 | $1.75 |
| Diluted earnings per share from continuing operations | $3.26 | $(5.92) | $(1.89) |
| Diluted earnings per share from discontinued operations | 0.84 | 51.57 | 3.64 |
| Diluted earnings per share | $4.10 | $45.65 | $1.75 |
| Dividend per share | $1.68 | $1.68 | $1.68 |
| Weighted Average Shares Outstanding | |||
| Basic | 30.3 | 39.5 | 40.9 |
| Diluted | 30.5 | 39.5 | 40.9 |
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