Harbinger Group Inc.
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SEC Filings

10-K
HRG GROUP, INC. filed this Form 10-K on 11/23/2016
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September 30, 2015
 
 
Level 1
 
Level 2
 
Level 3
 
Total
Defined Benefit Plan Assets:
 
 
 
 
 
 
 
 
Equity Securities
 
 
 
 
 
 
 
 
U.S. equity securities
 
$
18.6

 
$
13.0

 
$
—

 
$
31.6

Foreign equity securities
 
10.5

 
8.4

 
—

 
18.9

Debt Securities
 
 
 
 
 
 
 
 
U.S. bonds
 
18.2

 
6.8

 
—

 
25.0

Foreign bonds
 
3.0

 
15.1

 
—

 
18.1

Foreign government bonds
 
—

 
11.2

 
—

 
11.2

Real estate
 
1.2

 
6.0

 
—

 
7.2

Life insurance contracts
 
—

 
35.5

 
—

 
35.5

Other
 
—

 
33.9

 
—

 
33.9

Foreign cash & cash equivalents
 
8.1

 
—

 
—

 
8.1

Total defined benefit plan assets
 
$
59.6

 
$
129.9

 
$
—

 
$
189.5

Defined Contribution Plans
HRG, Spectrum Brands and Salus sponsor defined contributions plans in which eligible participants may defer a fixed amount or a percentage of their eligible compensation, subject to limitations. Each of HRG, Spectrum Brands and Salus make discretionary matching contributions of eligible compensation. Spectrum Brands also sponsors defined contribution pension plans for employees of certain foreign subsidiaries. Contributions are discretionary and evaluated annually. Aggregate contributions charged to operations for the defined contribution plans, including discretionary amounts, for Fiscal 2016, 2015 and 2014 were $12.1, $11.7 and $12.5, respectively.

(18) Stock-Based Compensation
The Company recognized consolidated stock compensation expense of $78.0, $72.6 and $73.7 during Fiscal 2016, 2015 and 2014, respectively. Stock compensation expense is principally included in “Selling, acquisition, operating and general expenses” in the accompanying Consolidated Statements of Operations.
A summary of stock options outstanding as of September 30, 2016 and related activity during the year then ended are as follows (option amounts in thousands):
 
 
HRG
Stock Option Awards
 
Options
 
Weighted Average Exercise Price
 
Weighted
Average Grant
Date Fair Value
Stock options outstanding at September 30, 2015
 
4,770

 
$
9.25

 
$
3.70

Granted
 
28

 
13.93

 
5.07

Exercised
 
(567
)
 
7.82

 
3.05

Stock options outstanding at September 30, 2016
 
4,231

 
9.48

 
3.80

Stock options vested and exercisable at September 30, 2016
 
3,273

 
8.56

 
3.42

Stock options outstanding and expected to vest
 
4,231

 
9.48

 
3.80


F-62
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