HRG Group, Inc. - Condensed Consolidating Statements of Operations Information
| | | | | | | | | | | | | | | | | | | | | | | | | | Six months ended March 31, 2017 | | Consumer Products | | Insurance | | Corporate and Other | | Discontinued Operations | | Eliminations and adjustments | | Total | Revenues: | | | | | | | | | | | | | Net consumer and other product sales | | $ | 2,381.7 |
| | $ | — |
| | $ | — |
| | $ | — |
| | $ | — |
| | $ | 2,381.7 |
| Net investment income | | — |
| | 0.1 |
| | 1.0 |
| | — |
| | 22.5 |
| | 23.6 |
| Net investment gains (losses) | | — |
| | 12.2 |
| | — |
| | — |
| | (14.0 | ) | | (1.8 | ) | Insurance and investment product fees and other | | — |
| | — |
| | — |
| | — |
| | 2.2 |
| | 2.2 |
| Total revenues | | 2,381.7 |
| | 12.3 |
| | 1.0 |
| | — |
| | 10.7 |
| | 2,405.7 |
| Operating costs and expenses: | | | | | | | | | | | | | Cost of consumer products and other goods sold | | 1,476.5 |
| | — |
| | — |
| | — |
| | — |
| | 1,476.5 |
| Benefits and other changes in policy reserves | | — |
| | 26.3 |
| | — |
| | — |
| | (4.9 | ) | | 21.4 |
| Selling, acquisition, operating and general expenses | | 610.0 |
| | 5.5 |
| | 31.3 |
| | — |
| | (0.2 | ) | | 646.6 |
| Total operating costs and expenses | | 2,086.5 |
| | 31.8 |
| | 31.3 |
| | — |
| | (5.1 | ) | | 2,144.5 |
| Operating income | | 295.2 |
| | (19.5 | ) | | (30.3 | ) | | — |
| | 15.8 |
| | 261.2 |
| Equity in net income of subsidiaries | | — |
| | — |
| | 231.4 |
| | — |
| | (231.4 | ) | | — |
| Interest expense | | (106.4 | ) | | — |
| | (73.6 | ) | | — |
| | — |
| | (180.0 | ) | Affiliated interest expense | | — |
| | — |
| | (3.7 | ) | | — |
| | 3.7 |
| | — |
| Other expense, net | | (0.8 | ) | | 0.1 |
| | 0.5 |
| | — |
| | (0.4 | ) | | (0.6 | ) | Income from continuing operations before income taxes | | 188.0 |
| | (19.4 | ) | | 124.3 |
| | — |
| | (212.3 | ) | | 80.6 |
| Income tax expense (benefit) | | 64.1 |
| | 8.7 |
| | (5.7 | ) | | — |
| | 8.5 |
| | 75.6 |
| Net income from continuing operations | | 123.9 |
| | (28.1 | ) | | 130.0 |
| | — |
| | (220.8 | ) | | 5.0 |
| (Loss) income from discontinued operations, net of tax | | — |
| | — |
| | — |
| | 204.4 |
| | — |
| | 204.4 |
| Net (loss) income | | 123.9 |
| | (28.1 | ) | | 130.0 |
| | 204.4 |
| | (220.8 | ) | | 209.4 |
| Less: Net income attributable to noncontrolling interest | | 51.9 |
| | — |
| | (0.1 | ) | | 27.5 |
| | — |
| | 79.3 |
| Net (loss) income attributable to controlling interest | | $ | 72.0 |
| | $ | (28.1 | ) | | $ | 130.1 |
| | $ | 176.9 |
| | $ | (220.8 | ) | | $ | 130.1 |
|
| | | | | | | | | | | | | | | | | | | | | | | | | | Six months ended March 31, 2016 | | Consumer Products | | Insurance | | Corporate and Other | | Discontinued Operations | | Eliminations and adjustments | | Total | Revenues: | | | | | | | | | | | | | Net consumer and other product sales | | $ | 2,428.4 |
| | $ | — |
| | $ | — |
| | $ | — |
| | $ | — |
| | $ | 2,428.4 |
| Net investment income | | — |
| | 1.5 |
| | 6.7 |
| | — |
| | 28.3 |
| | 36.5 |
| Net investment gains (losses) | | — |
| | 28.6 |
| | — |
| | — |
| | (20.9 | ) | | 7.7 |
| Insurance and investment product fees and other | | — |
| | — |
| | 0.9 |
| | — |
| | 3.2 |
| | 4.1 |
| Total revenues | | 2,428.4 |
| | 30.1 |
| | 7.6 |
| | — |
| | 10.6 |
| | 2,476.7 |
| Operating costs and expenses: | | | | | | | | | | | | | Cost of consumer products and other goods sold | | 1,524.9 |
| | — |
| | — |
| | — |
| | — |
| | 1,524.9 |
| Benefits and other changes in policy reserves | | — |
| | 26.1 |
| | — |
| | — |
| | 17.2 |
| | 43.3 |
| Selling, acquisition, operating and general expenses | | 612.5 |
| | 5.4 |
| | 48.7 |
| | — |
| | (0.4 | ) | | 666.2 |
| Total operating costs and expenses | | 2,137.4 |
| | 31.5 |
| | 48.7 |
| | — |
| | 16.8 |
| | 2,234.4 |
| Operating income | | 291.0 |
| | (1.4 | ) | | (41.1 | ) | | — |
| | (6.2 | ) | | 242.3 |
| Equity in net income of subsidiaries | | — |
| | — |
| | 44.7 |
| | — |
| | (44.7 | ) | | — |
| Interest expense | | (115.9 | ) | | — |
| | (71.4 | ) | | — |
| | (2.3 | ) | | (189.6 | ) | Affiliated interest expense | | — |
| | — |
| | (7.6 | ) | | — |
| | 7.6 |
| | — |
| Other expense, net | | (4.3 | ) | | — |
| | 3.9 |
| | — |
| | (0.3 | ) | | (0.7 | ) | Income from continuing operations before income taxes | | 170.8 |
| | (1.4 | ) | | (71.5 | ) | | — |
| | (45.9 | ) | | 52.0 |
| Income tax expense (benefit) | | 4.4 |
| | (1.8 | ) | | (12.9 | ) | | — |
| | (10.7 | ) | | (21.0 | ) | Net income from continuing operations | | 166.4 |
| | 0.4 |
| | (58.6 | ) | | — |
| | (35.2 | ) | | 73.0 |
| (Loss) income from discontinued operations, net of tax | | — |
| | — |
| | — |
| | (50.1 | ) | | — |
| | (50.1 | ) | Net (loss) income | | 166.4 |
| | 0.4 |
| | (58.6 | ) | | (50.1 | ) | | (35.2 | ) | | 22.9 |
| Less: Net income attributable to noncontrolling interest | | 70.3 |
| | — |
| | — |
| | 11.2 |
| | — |
| | 81.5 |
| Net (loss) income attributable to controlling interest | | $ | 96.1 |
| | $ | 0.4 |
| | $ | (58.6 | ) | | $ | (61.3 | ) | | $ | (35.2 | ) | | $ | (58.6 | ) |
|