2019 Q3 Form 10-K Financial Statement

#000154638019000034 Filed on November 27, 2019

View on sec.gov

Income Statement

Concept 2019 Q3 2018 Q3 2018 Q2
Revenue $497.7M $433.9M $994.6M
YoY Change 14.7% 15.18% -8.3%
Cost Of Revenue $405.7M $350.8M $635.9M
YoY Change 15.65% -40.54% 2.51%
Gross Profit $89.50M $73.70M $347.6M
YoY Change 21.44% -16.35% -25.13%
Gross Profit Margin 17.98% 16.99% 34.95%
Selling, General & Admin $119.9M $101.4M $144.5M
YoY Change 18.24% -33.9% -19.18%
% of Gross Profit 133.97% 137.58% 41.57%
Research & Development $10.80M $11.80M $10.90M
YoY Change -8.47% 16.83% 13.54%
% of Gross Profit 12.07% 16.01% 3.14%
Depreciation & Amortization $22.30M $22.60M $21.20M
YoY Change -1.33% 13.57% 7.07%
% of Gross Profit 24.92% 30.66% 6.1%
Operating Expenses $144.8M $122.5M $144.5M
YoY Change 18.2% -20.14% -19.18%
Operating Profit -$55.30M -$48.80M $185.7M
YoY Change 13.32% -120.67% -34.91%
Interest Expense -$17.30M -$16.70M $23.20M
YoY Change 3.59% -176.61% 7.91%
% of Operating Profit 12.49%
Other Income/Expense, Net $2.300M $2.500M $2.600M
YoY Change -8.0%
Pretax Income -$73.40M -$165.9M $166.2M
YoY Change -55.76% -174.9% -30.66%
Income Tax -$17.80M -$39.50M $40.70M
% Of Pretax Income 24.49%
Net Earnings -$57.90M -$147.0M $82.90M
YoY Change -60.61% 340.12% -49.79%
Net Earnings / Revenue -11.63% -33.88% 8.34%
Basic Earnings Per Share -$1.04 -$2.65 $1.50
Diluted Earnings Per Share -$1.04 -$2.65 $1.47
COMMON SHARES
Basic Shares Outstanding 55.70M shares 55.40M shares 55.40M shares
Diluted Shares Outstanding 55.70M shares 55.40M shares 56.30M shares

Balance Sheet

Concept 2019 Q3 2018 Q3 2018 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $18.80M $33.90M $29.60M
YoY Change -44.54% -71.54% -60.16%
Cash & Equivalents $18.80M $33.90M $29.60M
Short-Term Investments
Other Short-Term Assets $59.00M $59.90M $84.40M
YoY Change -1.5% -59.11% -45.72%
Inventory $540.3M $481.4M $500.5M
Prepaid Expenses
Receivables $223.9M $226.0M $387.8M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $1.042B $885.7M $1.319B
YoY Change 17.61% 0.45% -35.58%
LONG-TERM ASSETS
Property, Plant & Equipment $546.0M $530.8M $517.6M
YoY Change 2.86% 13.49% 18.42%
Goodwill $538.7M $543.0M $621.2M
YoY Change -0.79% 22.96% 55.07%
Intangibles $707.5M $857.3M $879.6M
YoY Change -17.47% 14.47% 21.02%
Long-Term Investments $0.00 $36.10M $34.40M
YoY Change -100.0% 16.08% -42.57%
Other Assets $194.8M $201.6M $192.1M
YoY Change -3.37% 14.55% 59.82%
Total Long-Term Assets $1.987B $2.169B $2.245B
YoY Change -8.38% 16.27% 28.68%
TOTAL ASSETS
Total Short-Term Assets $1.042B $885.7M $1.319B
Total Long-Term Assets $1.987B $2.169B $2.245B
Total Assets $3.029B $3.055B $3.564B
YoY Change -0.84% 11.19% -6.02%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $214.2M $150.5M $195.6M
YoY Change 42.33% -1.7% -27.77%
Accrued Expenses
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $128.1M $132.6M $314.5M
YoY Change -3.39% -7.34% 879.75%
Total Short-Term Liabilities $620.5M $612.7M $825.3M
YoY Change 1.27% 12.53% 6.39%
LONG-TERM LIABILITIES
Long-Term Debt $1.524B $1.884B $1.975B
YoY Change -19.13% 49.75% -3.3%
Other Long-Term Liabilities $161.5M $176.5M $210.0M
YoY Change -8.5% -32.35% -25.53%
Total Long-Term Liabilities $1.685B $2.060B $2.185B
YoY Change -18.22% 35.64% -6.0%
TOTAL LIABILITIES
Total Short-Term Liabilities $620.5M $612.7M $825.3M
Total Long-Term Liabilities $1.685B $2.060B $2.185B
Total Liabilities $2.306B $2.695B $3.033B
YoY Change -14.45% 29.23% -2.19%
SHAREHOLDERS EQUITY
Retained Earnings $1.275B $919.9M $1.098B
YoY Change 38.57% -5.96% 19.16%
Common Stock
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost) $904.3M $939.6M $927.5M
YoY Change -3.76% 40.7% 75.6%
Treasury Stock Shares 12.40M shares 12.80M shares 12.70M shares
Shareholders Equity $718.7M $354.6M $526.4M
YoY Change
Total Liabilities & Shareholders Equity $3.029B $3.055B $3.564B
YoY Change -0.84% 11.19% -6.02%

Cashflow Statement

Concept 2019 Q3 2018 Q3 2018 Q2
OPERATING ACTIVITIES
Net Income -$57.90M -$147.0M $82.90M
YoY Change -60.61% 340.12% -49.79%
Depreciation, Depletion And Amortization $22.30M $22.60M $21.20M
YoY Change -1.33% 13.57% 7.07%
Cash From Operating Activities $304.5M $345.9M $479.4M
YoY Change -11.97% -40.42% -271.7%
INVESTING ACTIVITIES
Capital Expenditures -$13.60M -$27.50M -$7.600M
YoY Change -50.55% 198.91% -54.49%
Acquisitions
YoY Change
Other Investing Activities $5.300M $9.100M -$406.8M
YoY Change -41.76% -181.98% -8943.48%
Cash From Investing Activities -$8.300M -$18.40M -$414.4M
YoY Change -54.89% -9.36% 3324.79%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -313.6M -324.6M -64.90M
YoY Change -3.39% -37.48% -123.53%
NET CHANGE
Cash From Operating Activities 304.5M 345.9M 479.4M
Cash From Investing Activities -8.300M -18.40M -414.4M
Cash From Financing Activities -313.6M -324.6M -64.90M
Net Change In Cash -17.40M 2.900M 100.0K
YoY Change -700.0% -92.94% -100.65%
FREE CASH FLOW
Cash From Operating Activities $304.5M $345.9M $479.4M
Capital Expenditures -$13.60M -$27.50M -$7.600M
Free Cash Flow $318.1M $373.4M $487.0M
YoY Change -14.81% -36.69% -285.52%

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2100000 USD
CY2018 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans Net Of Tax
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3600000 USD
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CY2018 us-gaap Other Comprehensive Income Loss Net Of Tax
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23200000 USD
CY2017 us-gaap Other Comprehensive Income Loss Net Of Tax
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48100000 USD
CY2019 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
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426100000 USD
CY2018 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
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CY2017 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
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266900000 USD
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CY2018 us-gaap Restructuring Costs And Asset Impairment Charges
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600000 USD
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3300000 USD
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262600000 USD
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31700000 USD
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CY2018 us-gaap Income Loss From Equity Method Investments Net Of Dividends Or Distributions
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4900000 USD
CY2017 us-gaap Income Loss From Equity Method Investments Net Of Dividends Or Distributions
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CY2019 smg Translation Adjustment Functional To Reporting Currency Write Off
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2500000 USD
CY2018 smg Translation Adjustment Functional To Reporting Currency Write Off
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11700000 USD
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2700000 USD
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CY2017 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
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CY2019 us-gaap Increase Decrease In Accounts Payable
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54300000 USD
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49700000 USD
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4500000 USD
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26900000 USD
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100100000 USD
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CY2018 us-gaap Increase Decrease In Other Noncurrent Assets And Liabilities Net
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13600000 USD
CY2017 us-gaap Increase Decrease In Other Noncurrent Assets And Liabilities Net
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CY2018 us-gaap Proceeds From Divestiture Of Businesses
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CY2017 us-gaap Proceeds From Divestiture Of Businesses
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CY2017 us-gaap Payments To Acquire Loans Receivable
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CY2017 us-gaap Proceeds From Divestiture Of Businesses And Interests In Affiliates
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CY2018Q3 us-gaap Liabilities
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CY2019Q3 us-gaap Commitments And Contingencies
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48100000 USD
CY2017 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
33400000 USD
CY2017 us-gaap Dividends
Dividends
121900000 USD
CY2017 us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
255000000.0 USD
CY2017 us-gaap Stock Issued During Period Value Treasury Stock Reissued
StockIssuedDuringPeriodValueTreasuryStockReissued
12100000 USD
CY2017 us-gaap Noncontrolling Interest Increase From Business Combination
NoncontrollingInterestIncreaseFromBusinessCombination
0 USD
CY2017 us-gaap Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
8100000 USD
CY2017Q3 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
661700000 USD
CY2018 us-gaap Profit Loss
ProfitLoss
63700000 USD
CY2018 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
23200000 USD
CY2018 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
40500000 USD
CY2018 us-gaap Dividends
Dividends
122000000.0 USD
CY2018 us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
326100000 USD
CY2018 us-gaap Stock Issued During Period Value Treasury Stock Reissued
StockIssuedDuringPeriodValueTreasuryStockReissued
32200000 USD
CY2018 smg Noncontrolling Interest Adjustment Due To Ownership Change
NoncontrollingInterestAdjustmentDueToOwnershipChange
-13600000 USD
CY2018Q3 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
359600000 USD
CY2019 us-gaap New Accounting Pronouncement Or Change In Accounting Principle Effect Of Adoption Quantification
NewAccountingPronouncementOrChangeInAccountingPrincipleEffectOfAdoptionQuantification
9100000 USD
CY2019 us-gaap Profit Loss
ProfitLoss
460200000 USD
CY2019 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-34100000 USD
CY2019 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
38400000 USD
CY2019 us-gaap Dividends
Dividends
128800000 USD
CY2019 us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
2700000 USD
CY2019 us-gaap Stock Issued During Period Value Treasury Stock Reissued
StockIssuedDuringPeriodValueTreasuryStockReissued
21500000 USD
CY2019Q3 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
723200000 USD
CY2019 smg Percentage Of Annual Net Sales
PercentageOfAnnualNetSales
0.75
CY2019 us-gaap Use Of Estimates
UseOfEstimates
<div style="line-height:120%;padding-top:18px;text-indent:16px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;font-style:italic;font-weight:bold;text-decoration:underline;">Use of Estimates</span></div><div style="line-height:120%;padding-top:12px;text-align:justify;text-indent:32px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the amounts reported in the consolidated financial statements and accompanying notes and related disclosures. Although these estimates are based on management’s best knowledge of current events and actions the Company may undertake in the future, actual results ultimately may differ from the estimates.</span></div>
CY2019 us-gaap Advertising Expense
AdvertisingExpense
120300000 USD
CY2018 us-gaap Advertising Expense
AdvertisingExpense
104200000 USD
CY2017 us-gaap Advertising Expense
AdvertisingExpense
123000000.0 USD
CY2019 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
39600000 USD
CY2018 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
42500000 USD
CY2017 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
39900000 USD
CY2019 smg Product Registration Costs
ProductRegistrationCosts
11000000.0 USD
CY2018 smg Product Registration Costs
ProductRegistrationCosts
11400000 USD
CY2017 smg Product Registration Costs
ProductRegistrationCosts
10600000 USD
CY2018 us-gaap Fair Value Of Assets Acquired
FairValueOfAssetsAcquired
0 USD
CY2017 us-gaap Fair Value Of Assets Acquired
FairValueOfAssetsAcquired
900000 USD
CY2019Q3 us-gaap Inventory Valuation Reserves
InventoryValuationReserves
8800000 USD
CY2018Q3 us-gaap Inventory Valuation Reserves
InventoryValuationReserves
8100000 USD
CY2019Q3 us-gaap Notes Receivable Net
NotesReceivableNet
95100000 USD
CY2019Q3 us-gaap Loans Receivable Fair Value Disclosure
LoansReceivableFairValueDisclosure
105400000 USD
CY2018Q3 us-gaap Notes Receivable Net
NotesReceivableNet
112600000 USD
CY2018Q3 us-gaap Loans Receivable Fair Value Disclosure
LoansReceivableFairValueDisclosure
128200000 USD
CY2019 us-gaap Interest Costs Capitalized
InterestCostsCapitalized
500000 USD
CY2018 us-gaap Interest Costs Capitalized
InterestCostsCapitalized
300000 USD
CY2017 us-gaap Interest Costs Capitalized
InterestCostsCapitalized
100000 USD
CY2019 us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
22100000 USD
CY2018 us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
9800000 USD
CY2017 us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
16100000 USD
CY2019 us-gaap Interest Paid Net
InterestPaidNet
93500000 USD
CY2018 us-gaap Interest Paid Net
InterestPaidNet
81600000 USD
CY2017 us-gaap Interest Paid Net
InterestPaidNet
69800000 USD
CY2019 us-gaap Fair Value Of Assets Acquired
FairValueOfAssetsAcquired
25600000 USD
CY2019 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
166200000 USD
CY2018 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
56300000 USD
CY2017 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
111900000 USD
CY2019Q3 us-gaap Capitalized Computer Software Net
CapitalizedComputerSoftwareNet
13600000 USD
CY2018Q3 us-gaap Capitalized Computer Software Net
CapitalizedComputerSoftwareNet
11200000 USD
CY2019 us-gaap Capitalized Computer Software Amortization1
CapitalizedComputerSoftwareAmortization1
2900000 USD
CY2018 us-gaap Capitalized Computer Software Amortization1
CapitalizedComputerSoftwareAmortization1
3900000 USD
CY2017 us-gaap Capitalized Computer Software Amortization1
CapitalizedComputerSoftwareAmortization1
5100000 USD
CY2019 us-gaap Number Of Reporting Units
NumberOfReportingUnits
7 unit
CY2019 us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
-1600000 USD
CY2018 us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
-900000 USD
CY2017 us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
-800000 USD
CY2019 us-gaap Disposal Group Including Discontinued Operation Revenue
DisposalGroupIncludingDiscontinuedOperationRevenue
0 USD
CY2018 us-gaap Disposal Group Including Discontinued Operation Revenue
DisposalGroupIncludingDiscontinuedOperationRevenue
0 USD
CY2017 us-gaap Disposal Group Including Discontinued Operation Revenue
DisposalGroupIncludingDiscontinuedOperationRevenue
294100000 USD
CY2019 us-gaap Disposal Group Including Discontinued Operation Operating Income Loss
DisposalGroupIncludingDiscontinuedOperationOperatingIncomeLoss
-600000 USD
CY2018 us-gaap Disposal Group Including Discontinued Operation Operating Income Loss
DisposalGroupIncludingDiscontinuedOperationOperatingIncomeLoss
-1900000 USD
CY2017 us-gaap Disposal Group Including Discontinued Operation Operating Income Loss
DisposalGroupIncludingDiscontinuedOperationOperatingIncomeLoss
-275900000 USD
CY2019 smg Restructuring And Other Related Charges Discontinued Operations
RestructuringAndOtherRelatedChargesDiscontinuedOperations
-35800000 USD
CY2018 smg Restructuring And Other Related Charges Discontinued Operations
RestructuringAndOtherRelatedChargesDiscontinuedOperations
86800000 USD
CY2017 smg Restructuring And Other Related Charges Discontinued Operations
RestructuringAndOtherRelatedChargesDiscontinuedOperations
15900000 USD
CY2019 smg Disposal Group Including Discontinued Operation Other Income Expense Net
DisposalGroupIncludingDiscontinuedOperationOtherIncomeExpenseNet
0 USD
CY2018 smg Disposal Group Including Discontinued Operation Other Income Expense Net
DisposalGroupIncludingDiscontinuedOperationOtherIncomeExpenseNet
0 USD
CY2017 smg Disposal Group Including Discontinued Operation Other Income Expense Net
DisposalGroupIncludingDiscontinuedOperationOtherIncomeExpenseNet
-1200000 USD
CY2019 us-gaap Gain Loss On Sale Of Business
GainLossOnSaleOfBusiness
0 USD
CY2018 us-gaap Gain Loss On Sale Of Business
GainLossOnSaleOfBusiness
-700000 USD
CY2017 us-gaap Gain Loss On Sale Of Business
GainLossOnSaleOfBusiness
31700000 USD
CY2019 us-gaap Disposal Group Including Discontinued Operation Interest Expense
DisposalGroupIncludingDiscontinuedOperationInterestExpense
0 USD
CY2018 us-gaap Disposal Group Including Discontinued Operation Interest Expense
DisposalGroupIncludingDiscontinuedOperationInterestExpense
0 USD
CY2017 us-gaap Disposal Group Including Discontinued Operation Interest Expense
DisposalGroupIncludingDiscontinuedOperationInterestExpense
400000 USD
CY2019 us-gaap Discontinued Operation Income Loss From Discontinued Operation Before Income Tax
DiscontinuedOperationIncomeLossFromDiscontinuedOperationBeforeIncomeTax
35200000 USD
CY2018 us-gaap Discontinued Operation Income Loss From Discontinued Operation Before Income Tax
DiscontinuedOperationIncomeLossFromDiscontinuedOperationBeforeIncomeTax
-89400000 USD
CY2017 us-gaap Discontinued Operation Income Loss From Discontinued Operation Before Income Tax
DiscontinuedOperationIncomeLossFromDiscontinuedOperationBeforeIncomeTax
32400000 USD
CY2019 us-gaap Discontinued Operation Tax Effect Of Discontinued Operation
DiscontinuedOperationTaxEffectOfDiscontinuedOperation
11700000 USD
CY2018 us-gaap Discontinued Operation Tax Effect Of Discontinued Operation
DiscontinuedOperationTaxEffectOfDiscontinuedOperation
-25500000 USD
CY2017 us-gaap Discontinued Operation Tax Effect Of Discontinued Operation
DiscontinuedOperationTaxEffectOfDiscontinuedOperation
11900000 USD
CY2019 us-gaap Income Loss From Discontinued Operations Net Of Tax
IncomeLossFromDiscontinuedOperationsNetOfTax
23500000 USD
CY2018 us-gaap Income Loss From Discontinued Operations Net Of Tax
IncomeLossFromDiscontinuedOperationsNetOfTax
-63900000 USD
CY2017 us-gaap Income Loss From Discontinued Operations Net Of Tax
IncomeLossFromDiscontinuedOperationsNetOfTax
20500000 USD
CY2019 us-gaap Cash Provided By Used In Operating Activities Discontinued Operations
CashProvidedByUsedInOperatingActivitiesDiscontinuedOperations
-38600000 USD
CY2018 us-gaap Cash Provided By Used In Operating Activities Discontinued Operations
CashProvidedByUsedInOperatingActivitiesDiscontinuedOperations
-1600000 USD
CY2017 us-gaap Cash Provided By Used In Operating Activities Discontinued Operations
CashProvidedByUsedInOperatingActivitiesDiscontinuedOperations
-11600000 USD
CY2019 us-gaap Cash Provided By Used In Investing Activities Discontinued Operations
CashProvidedByUsedInInvestingActivitiesDiscontinuedOperations
0 USD
CY2018 us-gaap Cash Provided By Used In Investing Activities Discontinued Operations
CashProvidedByUsedInInvestingActivitiesDiscontinuedOperations
-35300000 USD
CY2017 us-gaap Cash Provided By Used In Investing Activities Discontinued Operations
CashProvidedByUsedInInvestingActivitiesDiscontinuedOperations
148100000 USD
CY2019 smg Impairment Restructuring And Other Recoveries Charges Continuing Operations
ImpairmentRestructuringAndOtherRecoveriesChargesContinuingOperations
13300000 USD
CY2018 smg Impairment Restructuring And Other Recoveries Charges Continuing Operations
ImpairmentRestructuringAndOtherRecoveriesChargesContinuingOperations
152800000 USD
CY2017 smg Impairment Restructuring And Other Recoveries Charges Continuing Operations
ImpairmentRestructuringAndOtherRecoveriesChargesContinuingOperations
4900000 USD
CY2019 smg Restructuring And Other Related Charges Discontinued Operations
RestructuringAndOtherRelatedChargesDiscontinuedOperations
-35800000 USD
CY2018 smg Restructuring And Other Related Charges Discontinued Operations
RestructuringAndOtherRelatedChargesDiscontinuedOperations
86800000 USD
CY2017 smg Restructuring And Other Related Charges Discontinued Operations
RestructuringAndOtherRelatedChargesDiscontinuedOperations
15900000 USD
CY2019 smg Total Impairment Restructuring And Other Charges
TotalImpairmentRestructuringAndOtherCharges
-22500000 USD
CY2018 smg Total Impairment Restructuring And Other Charges
TotalImpairmentRestructuringAndOtherCharges
239600000 USD
CY2017 smg Total Impairment Restructuring And Other Charges
TotalImpairmentRestructuringAndOtherCharges
20800000 USD
CY2018Q3 us-gaap Restructuring Reserve
RestructuringReserve
112200000 USD
CY2017Q3 us-gaap Restructuring Reserve
RestructuringReserve
12100000 USD
CY2016Q3 us-gaap Restructuring Reserve
RestructuringReserve
20800000 USD
CY2019 smg Restructuring And Other Related Charges Continuing Operations
RestructuringAndOtherRelatedChargesContinuingOperations
13400000 USD
CY2018 smg Restructuring And Other Related Charges Continuing Operations
RestructuringAndOtherRelatedChargesContinuingOperations
32700000 USD
CY2017 smg Restructuring And Other Related Charges Continuing Operations
RestructuringAndOtherRelatedChargesContinuingOperations
8300000 USD
CY2019 smg Restructuring And Other Related Chargesexcluding Recoveries Discontinued Operations
RestructuringAndOtherRelatedChargesexcludingRecoveriesDiscontinuedOperations
-22400000 USD
CY2018 smg Restructuring And Other Related Charges Discontinued Operations
RestructuringAndOtherRelatedChargesDiscontinuedOperations
86800000 USD
CY2017 smg Restructuring And Other Related Charges Discontinued Operations
RestructuringAndOtherRelatedChargesDiscontinuedOperations
15900000 USD
CY2019 smg Payments For Restructuring And Other
PaymentsForRestructuringAndOther
91600000 USD
CY2018 smg Payments For Restructuring And Other
PaymentsForRestructuringAndOther
19400000 USD
CY2017 smg Payments For Restructuring And Other
PaymentsForRestructuringAndOther
32900000 USD
CY2019Q3 us-gaap Restructuring Reserve
RestructuringReserve
11600000 USD
CY2018Q3 us-gaap Restructuring Reserve
RestructuringReserve
112200000 USD
CY2017Q3 us-gaap Restructuring Reserve
RestructuringReserve
12100000 USD
CY2019Q3 us-gaap Restructuring Reserve Noncurrent
RestructuringReserveNoncurrent
3100000 USD
CY2017 smg Restructuring Charges Recoveries
RestructuringChargesRecoveries
4400000 USD
CY2017Q3 us-gaap Goodwill Gross
GoodwillGross
443400000 USD
CY2017Q3 us-gaap Goodwill Impaired Accumulated Impairment Loss
GoodwillImpairedAccumulatedImpairmentLoss
1800000 USD
CY2017Q3 us-gaap Goodwill
Goodwill
441600000 USD
CY2018 us-gaap Goodwill Acquired During Period
GoodwillAcquiredDuringPeriod
198000000.0 USD
CY2018 us-gaap Goodwill Foreign Currency Translation Gain Loss
GoodwillForeignCurrencyTranslationGainLoss
-2000000.0 USD
CY2018 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
94600000 USD
CY2018Q3 us-gaap Goodwill Gross
GoodwillGross
639400000 USD
CY2018Q3 us-gaap Goodwill Impaired Accumulated Impairment Loss
GoodwillImpairedAccumulatedImpairmentLoss
96400000 USD
CY2018Q3 us-gaap Goodwill
Goodwill
543000000.0 USD
CY2019 us-gaap Goodwill Acquired During Period
GoodwillAcquiredDuringPeriod
1300000 USD
CY2019 us-gaap Goodwill Foreign Currency Translation Gain Loss
GoodwillForeignCurrencyTranslationGainLoss
-5600000 USD
CY2019Q3 us-gaap Goodwill Gross
GoodwillGross
635100000 USD
CY2019Q3 us-gaap Goodwill Impaired Accumulated Impairment Loss
GoodwillImpairedAccumulatedImpairmentLoss
96400000 USD
CY2019Q3 us-gaap Goodwill
Goodwill
538700000 USD
CY2019Q3 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
383600000 USD
CY2018Q3 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
421700000 USD
CY2019Q3 us-gaap Indefinite Lived Intangible Assets Excluding Goodwill
IndefiniteLivedIntangibleAssetsExcludingGoodwill
323900000 USD
CY2018Q3 us-gaap Indefinite Lived Intangible Assets Excluding Goodwill
IndefiniteLivedIntangibleAssetsExcludingGoodwill
435600000 USD
CY2019Q3 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
707500000 USD
CY2018Q3 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
857300000 USD
CY2019 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
33400000 USD
CY2018 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
30000000.0 USD
CY2017 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
23300000 USD
CY2019Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Next Twelve Months
FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths
30800000 USD
CY2019Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
29000000.0 USD
CY2019Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
26700000 USD
CY2019Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
24800000 USD
CY2019Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseYearFive
22000000.0 USD
CY2019Q3 us-gaap Inventory Finished Goods
InventoryFinishedGoods
344900000 USD
CY2018Q3 us-gaap Inventory Finished Goods
InventoryFinishedGoods
292100000 USD
CY2019Q3 us-gaap Inventory Work In Process
InventoryWorkInProcess
63600000 USD
CY2018Q3 us-gaap Inventory Work In Process
InventoryWorkInProcess
60100000 USD
CY2019Q3 us-gaap Inventory Raw Materials
InventoryRawMaterials
131800000 USD
CY2018Q3 us-gaap Inventory Raw Materials
InventoryRawMaterials
129200000 USD
CY2019Q3 us-gaap Inventory Net
InventoryNet
540300000 USD
CY2018Q3 us-gaap Inventory Net
InventoryNet
481400000 USD
CY2019Q3 smg Receivables From Sale Of Assets Current
ReceivablesFromSaleOfAssetsCurrent
115200000 USD
CY2018Q3 smg Receivables From Sale Of Assets Current
ReceivablesFromSaleOfAssetsCurrent
0 USD
CY2019Q3 us-gaap Other Assets Current
OtherAssetsCurrent
59000000.0 USD
CY2018Q3 us-gaap Other Assets Current
OtherAssetsCurrent
59900000 USD
CY2019Q3 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
174200000 USD
CY2018Q3 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
59900000 USD
CY2019Q3 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
1174000000.0 USD
CY2018Q3 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
1141300000 USD
CY2019Q3 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
628000000.0 USD
CY2018Q3 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
610500000 USD
CY2019Q3 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
546000000.0 USD
CY2018Q3 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
530800000 USD
CY2019Q3 us-gaap Notes Receivable Net
NotesReceivableNet
95100000 USD
CY2018Q3 us-gaap Notes Receivable Net
NotesReceivableNet
112600000 USD
CY2019Q3 us-gaap Defined Benefit Plan Assets For Plan Benefits Noncurrent
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50800000 USD
CY2018Q3 us-gaap Defined Benefit Plan Assets For Plan Benefits Noncurrent
DefinedBenefitPlanAssetsForPlanBenefitsNoncurrent
44000000.0 USD
CY2019Q3 us-gaap Business Combination Contingent Consideration Asset
BusinessCombinationContingentConsiderationAsset
16700000 USD
CY2018Q3 us-gaap Business Combination Contingent Consideration Asset
BusinessCombinationContingentConsiderationAsset
17700000 USD
CY2019Q3 smg Other Assets Option To Acquire Additional Equity Interests
OtherAssetsOptionToAcquireAdditionalEquityInterests
11300000 USD
CY2018Q3 smg Other Assets Option To Acquire Additional Equity Interests
OtherAssetsOptionToAcquireAdditionalEquityInterests
13000000.0 USD
CY2019Q3 us-gaap Unamortized Debt Issuance Expense
UnamortizedDebtIssuanceExpense
7700000 USD
CY2018Q3 us-gaap Unamortized Debt Issuance Expense
UnamortizedDebtIssuanceExpense
9600000 USD
CY2019Q3 us-gaap Other Assets Miscellaneous
OtherAssetsMiscellaneous
13200000 USD
CY2018Q3 us-gaap Other Assets Miscellaneous
OtherAssetsMiscellaneous
4700000 USD
CY2019Q3 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
194800000 USD
CY2018Q3 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
201600000 USD
CY2019Q3 us-gaap Restructuring Reserve Current
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8500000 USD
CY2018Q3 us-gaap Restructuring Reserve Current
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111400000 USD
CY2019Q3 smg Advertising And Promotional Accruals
AdvertisingAndPromotionalAccruals
74000000.0 USD
CY2018Q3 smg Advertising And Promotional Accruals
AdvertisingAndPromotionalAccruals
52500000 USD
CY2019Q3 us-gaap Employee Related Liabilities Current
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73200000 USD
CY2018Q3 us-gaap Employee Related Liabilities Current
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39200000 USD
CY2019Q3 smg Accrued Interest
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16700000 USD
CY2018Q3 smg Accrued Interest
AccruedInterest
16700000 USD
CY2019Q3 us-gaap Accrued Insurance Current And Noncurrent
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11700000 USD
CY2018Q3 us-gaap Accrued Insurance Current And Noncurrent
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12600000 USD
CY2019Q3 us-gaap Accrued Income Taxes Current
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22400000 USD
CY2018Q3 us-gaap Accrued Income Taxes Current
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11300000 USD
CY2019Q3 us-gaap Other Sundry Liabilities Current
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71700000 USD
CY2018Q3 us-gaap Other Sundry Liabilities Current
OtherSundryLiabilitiesCurrent
85900000 USD
CY2019Q3 us-gaap Other Liabilities Current
OtherLiabilitiesCurrent
278200000 USD
CY2018Q3 us-gaap Other Liabilities Current
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329600000 USD
CY2019Q3 us-gaap Pension And Other Postretirement Defined Benefit Plans Liabilities Noncurrent
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86900000 USD
CY2018Q3 us-gaap Pension And Other Postretirement Defined Benefit Plans Liabilities Noncurrent
PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent
75700000 USD
CY2019Q3 us-gaap Deferred Income Tax Liabilities Net
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36300000 USD
CY2018Q3 us-gaap Deferred Income Tax Liabilities Net
DeferredIncomeTaxLiabilitiesNet
69600000 USD
CY2019Q3 us-gaap Deferred Revenue Noncurrent
DeferredRevenueNoncurrent
0 USD
CY2018Q3 us-gaap Deferred Revenue Noncurrent
DeferredRevenueNoncurrent
10700000 USD
CY2019Q3 us-gaap Other Sundry Liabilities Noncurrent
OtherSundryLiabilitiesNoncurrent
38300000 USD
CY2018Q3 us-gaap Other Sundry Liabilities Noncurrent
OtherSundryLiabilitiesNoncurrent
20500000 USD
CY2019Q3 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
161500000 USD
CY2018Q3 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
176500000 USD
CY2019Q3 us-gaap Accumulated Other Comprehensive Income Loss Cumulative Changes In Net Gain Loss From Cash Flow Hedges Effect Net Of Tax
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-8100000 USD
CY2018Q3 us-gaap Accumulated Other Comprehensive Income Loss Cumulative Changes In Net Gain Loss From Cash Flow Hedges Effect Net Of Tax
AccumulatedOtherComprehensiveIncomeLossCumulativeChangesInNetGainLossFromCashFlowHedgesEffectNetOfTax
8300000 USD
CY2017Q3 us-gaap Accumulated Other Comprehensive Income Loss Cumulative Changes In Net Gain Loss From Cash Flow Hedges Effect Net Of Tax
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2000000.0 USD
CY2019Q3 us-gaap Accumulated Other Comprehensive Income Loss Defined Benefit Pension And Other Postretirement Plans Net Of Tax
AccumulatedOtherComprehensiveIncomeLossDefinedBenefitPensionAndOtherPostretirementPlansNetOfTax
68400000 USD
CY2018Q3 us-gaap Accumulated Other Comprehensive Income Loss Defined Benefit Pension And Other Postretirement Plans Net Of Tax
AccumulatedOtherComprehensiveIncomeLossDefinedBenefitPensionAndOtherPostretirementPlansNetOfTax
45600000 USD
CY2017Q3 us-gaap Accumulated Other Comprehensive Income Loss Defined Benefit Pension And Other Postretirement Plans Net Of Tax
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54500000 USD
CY2019Q3 us-gaap Accumulated Other Comprehensive Income Loss Foreign Currency Translation Adjustment Net Of Tax
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-17400000 USD
CY2018Q3 us-gaap Accumulated Other Comprehensive Income Loss Foreign Currency Translation Adjustment Net Of Tax
AccumulatedOtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentNetOfTax
-8700000 USD
CY2017Q3 us-gaap Accumulated Other Comprehensive Income Loss Foreign Currency Translation Adjustment Net Of Tax
AccumulatedOtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentNetOfTax
-16700000 USD
CY2019Q3 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-93900000 USD
CY2018Q3 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-46000000.0 USD
CY2017Q3 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
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-69200000 USD
CY2018Q3 us-gaap Due To Affiliate Noncurrent
DueToAffiliateNoncurrent
21900000 USD
CY2019 us-gaap Defined Contribution Plan Cost Recognized
DefinedContributionPlanCostRecognized
18900000 USD
CY2018 us-gaap Defined Contribution Plan Cost Recognized
DefinedContributionPlanCostRecognized
15300000 USD
CY2017 us-gaap Defined Contribution Plan Cost Recognized
DefinedContributionPlanCostRecognized
13900000 USD
CY2019Q3 smg Company Self Insurance Per Occurrence Per Individual
CompanySelfInsurancePerOccurrencePerIndividual
700000 USD
CY2019 us-gaap Other Postretirement Benefit Expense
OtherPostretirementBenefitExpense
31400000 USD
CY2018 us-gaap Other Postretirement Benefit Expense
OtherPostretirementBenefitExpense
31200000 USD
CY2017 us-gaap Other Postretirement Benefit Expense
OtherPostretirementBenefitExpense
33400000 USD
CY2019Q3 us-gaap Defined Benefit Plan Health Care Cost Trend Rate Assumed Next Fiscal Year
DefinedBenefitPlanHealthCareCostTrendRateAssumedNextFiscalYear
0.0625
CY2019Q3 us-gaap Defined Benefit Plan Ultimate Health Care Cost Trend Rate1
DefinedBenefitPlanUltimateHealthCareCostTrendRate1
0.0475
CY2019Q3 us-gaap Capital Leases Future Minimum Payments Due
CapitalLeasesFutureMinimumPaymentsDue
32600000 USD
CY2019Q3 us-gaap Long Term Debt
LongTermDebt
1633500000 USD
CY2019Q3 us-gaap Long Term Debt And Capital Lease Obligations Including Current Maturities
LongTermDebtAndCapitalLeaseObligationsIncludingCurrentMaturities
1666100000 USD
CY2019Q3 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
1659300000 USD
CY2018Q3 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
2025700000 USD
CY2019Q3 us-gaap Long Term Debt Current
LongTermDebtCurrent
128100000 USD
CY2018Q3 us-gaap Long Term Debt Current
LongTermDebtCurrent
132600000 USD
CY2019Q3 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
1523500000 USD
CY2018Q3 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
1883800000 USD
CY2019Q3 us-gaap Capital Leases Future Minimum Payments Due Current
CapitalLeasesFutureMinimumPaymentsDueCurrent
3000000.0 USD
CY2019Q3 us-gaap Long Term Debt Maturities Repayments Of Principal In Next Twelve Months
LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths
126000000.0 USD
CY2019Q3 us-gaap Long Term Debt And Capital Lease Obligations Repayments Of Principal In Next Twelve Months
LongTermDebtAndCapitalLeaseObligationsRepaymentsOfPrincipalInNextTwelveMonths
129000000.0 USD
CY2019Q3 us-gaap Capital Leases Future Minimum Payments Due In Two Years
CapitalLeasesFutureMinimumPaymentsDueInTwoYears
3500000 USD
CY2019Q3 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Two
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo
40300000 USD
CY2019Q3 us-gaap Long Term Debt And Capital Lease Obligations Maturities Repayments Of Principal In Year Two
LongTermDebtAndCapitalLeaseObligationsMaturitiesRepaymentsOfPrincipalInYearTwo
43800000 USD
CY2019Q3 us-gaap Capital Leases Future Minimum Payments Due In Three Years
CapitalLeasesFutureMinimumPaymentsDueInThreeYears
3500000 USD
CY2019Q3 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Three
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree
40000000.0 USD
CY2019Q3 us-gaap Long Term Debt And Capital Lease Obligations Maturities Repayments Of Principal In Year Three
LongTermDebtAndCapitalLeaseObligationsMaturitiesRepaymentsOfPrincipalInYearThree
43500000 USD
CY2019Q3 us-gaap Capital Leases Future Minimum Payments Due In Four Years
CapitalLeasesFutureMinimumPaymentsDueInFourYears
3600000 USD
CY2019Q3 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Four
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour
777200000 USD
CY2019Q3 us-gaap Long Term Debt And Capital Lease Obligations Maturities Repayments Of Principal In Year Four
LongTermDebtAndCapitalLeaseObligationsMaturitiesRepaymentsOfPrincipalInYearFour
780800000 USD
CY2019Q3 us-gaap Capital Leases Future Minimum Payments Due In Five Years
CapitalLeasesFutureMinimumPaymentsDueInFiveYears
3600000 USD
CY2019Q3 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive
400000000.0 USD
CY2019Q3 us-gaap Long Term Debt And Capital Lease Obligations Maturities Repayments Of Principal In Year Five
LongTermDebtAndCapitalLeaseObligationsMaturitiesRepaymentsOfPrincipalInYearFive
403600000 USD
CY2019Q3 us-gaap Capital Leases Future Minimum Payments Due Thereafter
CapitalLeasesFutureMinimumPaymentsDueThereafter
15400000 USD
CY2019Q3 us-gaap Long Term Debt Maturities Repayments Of Principal After Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearFive
250000000.0 USD
CY2019Q3 us-gaap Long Term Debt And Capital Lease Obligations Maturities Repayments Of Principal After Year Five
LongTermDebtAndCapitalLeaseObligationsMaturitiesRepaymentsOfPrincipalAfterYearFive
265400000 USD
CY2019Q3 us-gaap Capital Leases Future Minimum Payments Interest Included In Payments
CapitalLeasesFutureMinimumPaymentsInterestIncludedInPayments
6800000 USD
CY2019Q3 us-gaap Capital Leases Future Minimum Payments Interest Included In Payments
CapitalLeasesFutureMinimumPaymentsInterestIncludedInPayments
6800000 USD
CY2019Q3 us-gaap Capital Leases Future Minimum Payments Present Value Of Net Minimum Payments
CapitalLeasesFutureMinimumPaymentsPresentValueOfNetMinimumPayments
25800000 USD
CY2019Q3 us-gaap Long Term Debt
LongTermDebt
1633500000 USD
CY2019Q3 us-gaap Debt And Capital Lease Obligations
DebtAndCapitalLeaseObligations
1659300000 USD
CY2019Q3 us-gaap Debt Weighted Average Interest Rate
DebtWeightedAverageInterestRate
0.048
CY2018Q3 us-gaap Debt Weighted Average Interest Rate
DebtWeightedAverageInterestRate
0.043
CY2017Q3 us-gaap Debt Weighted Average Interest Rate
DebtWeightedAverageInterestRate
0.046
CY2019Q3 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
200000 shares
CY2018Q3 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
200000 shares
CY2019Q3 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0.0 shares
CY2018Q3 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0.0 shares
CY2019Q3 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
100000000.0 shares
CY2018Q3 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
100000000.0 shares
CY2019Q3 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
68100000 shares
CY2018Q3 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
68100000 shares
CY2019Q1 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Reclassification Adjustment From Aoci Realized Upon Sale Or Liquidation Before Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationReclassificationAdjustmentFromAOCIRealizedUponSaleOrLiquidationBeforeTax
-2500000 USD
CY2018Q1 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Reclassification Adjustment From Aoci Realized Upon Sale Or Liquidation Before Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationReclassificationAdjustmentFromAOCIRealizedUponSaleOrLiquidationBeforeTax
-11700000 USD
CY2018Q2 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.53
CY2018Q3 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.55
CY2018Q3 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.55
CY2019Q3 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.58
CY2014Q3 us-gaap Stock Repurchase Program Authorized Amount1
StockRepurchaseProgramAuthorizedAmount1
500000000.0 USD
CY2016Q3 smg Additional Shares Authorized For Repurchase Value
AdditionalSharesAuthorizedForRepurchaseValue
500000000.0 USD
us-gaap Stock Repurchased During Period Shares
StockRepurchasedDuringPeriodShares
8300000 shares
CY2016Q3 us-gaap Stock Repurchase Program Authorized Amount1
StockRepurchaseProgramAuthorizedAmount1
1000000000.0 USD
CY2019 us-gaap Stock Repurchased During Period Shares
StockRepurchasedDuringPeriodShares
0 shares
CY2018 us-gaap Stock Repurchased During Period Shares
StockRepurchasedDuringPeriodShares
3500000 shares
CY2017 us-gaap Stock Repurchased During Period Shares
StockRepurchasedDuringPeriodShares
2700000 shares
CY2018 us-gaap Stock Repurchased During Period Value
StockRepurchasedDuringPeriodValue
323100000 USD
CY2017 us-gaap Stock Repurchased During Period Value
StockRepurchasedDuringPeriodValue
245800000 USD
us-gaap Stock Repurchased During Period Value
StockRepurchasedDuringPeriodValue
714600000 USD
CY2019Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Authorized
ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAuthorized
7300000 shares
CY2019Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Available For Grant
ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAvailableForGrant
3000000.0 shares
CY2019 smg Grant Of Share Based Compensation Awards
GrantOfShareBasedCompensationAwards
330279 shares
CY2018 smg Grant Of Share Based Compensation Awards
GrantOfShareBasedCompensationAwards
471095 shares
CY2017 smg Grant Of Share Based Compensation Awards
GrantOfShareBasedCompensationAwards
621808 shares
CY2019 us-gaap Stock Granted During Period Value Sharebased Compensation
StockGrantedDuringPeriodValueSharebasedCompensation
25500000 USD
CY2018 us-gaap Stock Granted During Period Value Sharebased Compensation
StockGrantedDuringPeriodValueSharebasedCompensation
43500000 USD
CY2017 us-gaap Stock Granted During Period Value Sharebased Compensation
StockGrantedDuringPeriodValueSharebasedCompensation
57800000 USD
CY2019 smg Share Based Compensation Expense Including Certain Impairment Restructuring And Other Charges
ShareBasedCompensationExpenseIncludingCertainImpairmentRestructuringAndOtherCharges
38400000 USD
CY2018 smg Share Based Compensation Expense Including Certain Impairment Restructuring And Other Charges
ShareBasedCompensationExpenseIncludingCertainImpairmentRestructuringAndOtherCharges
40500000 USD
CY2017 smg Share Based Compensation Expense Including Certain Impairment Restructuring And Other Charges
ShareBasedCompensationExpenseIncludingCertainImpairmentRestructuringAndOtherCharges
25200000 USD
CY2019 us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
9500000 USD
CY2018 us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
10500000 USD
CY2017 us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
9800000 USD
CY2019 smg Employee Service Share Based Compensation Tax Benefit Realized From Exercise Of Share Based Awards And Vesting Of Restricted Stock
EmployeeServiceShareBasedCompensationTaxBenefitRealizedFromExerciseOfShareBasedAwardsAndVestingOfRestrictedStock
2800000 USD
CY2019 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
17500000 USD
CY2018 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
17200000 USD
CY2017 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
14500000 USD
CY2019 us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
21400000 USD
CY2018 us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
10500000 USD
CY2017 us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
11000000.0 USD
CY2019 us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
436700000 USD
CY2018 us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
127600000 USD
CY2017 us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
198300000 USD
CY2019 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
-500000 USD
CY2018 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
0 USD
CY2017 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
500000 USD
CY2019 us-gaap Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
437200000 USD
CY2018 us-gaap Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
127600000 USD
CY2017 us-gaap Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
197800000 USD
CY2019 us-gaap Income Loss From Discontinued Operations Net Of Tax
IncomeLossFromDiscontinuedOperationsNetOfTax
23500000 USD
CY2018 us-gaap Income Loss From Discontinued Operations Net Of Tax
IncomeLossFromDiscontinuedOperationsNetOfTax
-63900000 USD
CY2017 us-gaap Income Loss From Discontinued Operations Net Of Tax
IncomeLossFromDiscontinuedOperationsNetOfTax
20500000 USD
CY2018 us-gaap Net Income Loss
NetIncomeLoss
63700000 USD
CY2017 us-gaap Net Income Loss
NetIncomeLoss
218300000 USD
CY2019 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
55500000 shares
CY2018 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
56200000 shares
CY2017 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
59400000 shares
CY2019 us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
7.88
CY2018 us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
2.27
CY2017 us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
3.33
CY2019 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Basic Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare
0.42
CY2018 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Basic Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare
-1.14
CY2017 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Basic Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare
0.35
CY2019 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
8.30
CY2018 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.13
CY2017 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
3.68
CY2019 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
55500000 shares
CY2018 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
56200000 shares
CY2017 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
59400000 shares
CY2019 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
800000 shares
CY2018 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
900000 shares
CY2017 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
800000 shares
CY2019 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
56300000 shares
CY2018 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
57100000 shares
CY2017 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
60200000 shares
CY2019 us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
7.77
CY2018 us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
2.23
CY2017 us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
3.29
CY2019 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare
0.41
CY2018 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare
-1.11
CY2017 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare
0.34
CY2019 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
8.18
CY2018 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.12
CY2017 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
3.63
CY2018 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
0 shares
CY2019 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
169300000 USD
CY2018 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
47700000 USD
CY2017 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
104500000 USD
CY2019 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
20300000 USD
CY2018 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
10300000 USD
CY2017 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
12400000 USD
CY2019 us-gaap Current Foreign Tax Expense Benefit
CurrentForeignTaxExpenseBenefit
4200000 USD
CY2018 us-gaap Current Foreign Tax Expense Benefit
CurrentForeignTaxExpenseBenefit
200000 USD
CY2017 us-gaap Current Foreign Tax Expense Benefit
CurrentForeignTaxExpenseBenefit
8100000 USD
CY2019 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
193800000 USD
CY2018 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
58200000 USD
CY2017 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
125000000.0 USD
CY2019 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
-40600000 USD
CY2018 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
-58400000 USD
CY2017 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
-7400000 USD
CY2019 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
-5400000 USD
CY2018 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
-2000000.0 USD
CY2017 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
-500000 USD
CY2019 us-gaap Deferred Foreign Income Tax Expense Benefit
DeferredForeignIncomeTaxExpenseBenefit
-2900000 USD
CY2018 us-gaap Deferred Foreign Income Tax Expense Benefit
DeferredForeignIncomeTaxExpenseBenefit
-9700000 USD
CY2017 us-gaap Deferred Foreign Income Tax Expense Benefit
DeferredForeignIncomeTaxExpenseBenefit
-500000 USD
CY2019 smg Provision For Deferred Income Tax Expense Benefit
ProvisionForDeferredIncomeTaxExpenseBenefit
-48900000 USD
CY2018 smg Provision For Deferred Income Tax Expense Benefit
ProvisionForDeferredIncomeTaxExpenseBenefit
-70100000 USD
CY2017 smg Provision For Deferred Income Tax Expense Benefit
ProvisionForDeferredIncomeTaxExpenseBenefit
-8400000 USD
CY2019 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
144900000 USD
CY2018 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-11900000 USD
CY2017 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
116600000 USD
CY2019 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
554700000 USD
CY2018 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
159500000 USD
CY2017 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
296000000.0 USD
CY2019 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
26900000 USD
CY2018 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
-43800000 USD
CY2017 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
18900000 USD
CY2019 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
581600000 USD
CY2018 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
115700000 USD
CY2017 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
314900000 USD
CY2019 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.210
CY2018 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.245
CY2017 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.350
CY2019 us-gaap Effective Income Tax Rate Reconciliation Foreign Income Tax Rate Differential
EffectiveIncomeTaxRateReconciliationForeignIncomeTaxRateDifferential
0.003
CY2018 us-gaap Effective Income Tax Rate Reconciliation Foreign Income Tax Rate Differential
EffectiveIncomeTaxRateReconciliationForeignIncomeTaxRateDifferential
0.074
CY2017 us-gaap Effective Income Tax Rate Reconciliation Foreign Income Tax Rate Differential
EffectiveIncomeTaxRateReconciliationForeignIncomeTaxRateDifferential
0.031
CY2019 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
0.018
CY2018 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
0.065
CY2017 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
0.029
CY2019 us-gaap Effective Income Tax Rate Reconciliation Tax Contingencies State And Local
EffectiveIncomeTaxRateReconciliationTaxContingenciesStateAndLocal
0
CY2018 us-gaap Effective Income Tax Rate Reconciliation Tax Contingencies State And Local
EffectiveIncomeTaxRateReconciliationTaxContingenciesStateAndLocal
-0.044
CY2017 us-gaap Effective Income Tax Rate Reconciliation Tax Contingencies State And Local
EffectiveIncomeTaxRateReconciliationTaxContingenciesStateAndLocal
-0.031
CY2019 us-gaap Effective Income Tax Rate Reconciliation Nondeductible Expense
EffectiveIncomeTaxRateReconciliationNondeductibleExpense
-0.002
CY2018 us-gaap Effective Income Tax Rate Reconciliation Nondeductible Expense
EffectiveIncomeTaxRateReconciliationNondeductibleExpense
-0.030
CY2017 us-gaap Effective Income Tax Rate Reconciliation Nondeductible Expense
EffectiveIncomeTaxRateReconciliationNondeductibleExpense
0.004
CY2019 us-gaap Effective Income Tax Rate Reconciliation Tax Credits Research
EffectiveIncomeTaxRateReconciliationTaxCreditsResearch
0.003
CY2018 us-gaap Effective Income Tax Rate Reconciliation Tax Credits Research
EffectiveIncomeTaxRateReconciliationTaxCreditsResearch
0.017
CY2017 us-gaap Effective Income Tax Rate Reconciliation Tax Credits Research
EffectiveIncomeTaxRateReconciliationTaxCreditsResearch
0.004
CY2019 us-gaap Effective Income Tax Rate Reconciliation Prior Year Income Taxes
EffectiveIncomeTaxRateReconciliationPriorYearIncomeTaxes
0.019
CY2018 us-gaap Effective Income Tax Rate Reconciliation Prior Year Income Taxes
EffectiveIncomeTaxRateReconciliationPriorYearIncomeTaxes
0.013
CY2017 us-gaap Effective Income Tax Rate Reconciliation Prior Year Income Taxes
EffectiveIncomeTaxRateReconciliationPriorYearIncomeTaxes
0.009
CY2019 us-gaap Effective Income Tax Rate Reconciliation Change In Enacted Tax Rate
EffectiveIncomeTaxRateReconciliationChangeInEnactedTaxRate
0
CY2018 us-gaap Effective Income Tax Rate Reconciliation Change In Enacted Tax Rate
EffectiveIncomeTaxRateReconciliationChangeInEnactedTaxRate
-0.387
CY2017 us-gaap Effective Income Tax Rate Reconciliation Change In Enacted Tax Rate
EffectiveIncomeTaxRateReconciliationChangeInEnactedTaxRate
0
CY2019 us-gaap Effective Income Tax Rate Reconciliation Other Adjustments
EffectiveIncomeTaxRateReconciliationOtherAdjustments
0.004
CY2018 us-gaap Effective Income Tax Rate Reconciliation Other Adjustments
EffectiveIncomeTaxRateReconciliationOtherAdjustments
-0.022
CY2017 us-gaap Effective Income Tax Rate Reconciliation Other Adjustments
EffectiveIncomeTaxRateReconciliationOtherAdjustments
-0.018
CY2019 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.249
CY2018 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
-0.103
CY2017 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.370
CY2018 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.245
CY2018 smg Tax Cuts And Jobs Act Of2017 Incomplete Accounting Change In Tax Rate Deferred Tax Liability Provisional Income Tax Expense Benefit
TaxCutsAndJobsActOf2017IncompleteAccountingChangeInTaxRateDeferredTaxLiabilityProvisionalIncomeTaxExpenseBenefit
44600000 USD
CY2018 smg Tax Cuts And Jobs Act Of2017 Measurement Period Adjustment Transition Tax For Accumulated Foreign Earnings Provisional Income Tax Expense Benefit
TaxCutsAndJobsActOf2017MeasurementPeriodAdjustmentTransitionTaxForAccumulatedForeignEarningsProvisionalIncomeTaxExpenseBenefit
21200000 USD
CY2018Q3 us-gaap Undistributed Earnings Of Foreign Subsidiaries
UndistributedEarningsOfForeignSubsidiaries
97800000 USD
CY2018 us-gaap Income Tax Reconciliation Tax Credits Foreign
IncomeTaxReconciliationTaxCreditsForeign
18200000 USD
CY2018 us-gaap Valuation Allowances And Reserves Charged To Cost And Expense
ValuationAllowancesAndReservesChargedToCostAndExpense
500000 USD
CY2019Q3 us-gaap Deferred Tax Assets Inventory
DeferredTaxAssetsInventory
10200000 USD
CY2018Q3 us-gaap Deferred Tax Assets Inventory
DeferredTaxAssetsInventory
9300000 USD
CY2019Q3 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Accrued Liabilities
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsAccruedLiabilities
46700000 USD
CY2018Q3 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Accrued Liabilities
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsAccruedLiabilities
68400000 USD
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CY2019 us-gaap Loss Contingency Disclosures
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CONTINGENCIES<div style="line-height:120%;padding-top:6px;text-align:justify;text-indent:32px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">Management regularly evaluates the Company’s contingencies, including various lawsuits and claims which arise in the normal course of business, product and general liabilities, workers’ compensation, property losses and other liabilities for which the Company is self-insured or retains a high exposure limit. Self-insurance accruals are established based on actuarial loss estimates for specific individual claims plus actuarially estimated amounts for incurred but not reported claims and adverse development factors applied to existing claims. Legal costs incurred in connection with the resolution of claims, lawsuits and other contingencies generally are expensed as incurred. In the opinion of management, the assessment of contingencies is reasonable and related accruals, in the aggregate, are adequate; however, there can be no assurance that final resolution of these matters will not have a material effect on the Company’s financial condition, results of operations or cash flows.</span></div><div style="line-height:120%;padding-top:18px;text-indent:16px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;font-style:italic;font-weight:bold;text-decoration:underline;">Regulatory Matters</span></div><div style="line-height:120%;padding-top:6px;text-align:justify;text-indent:32px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">At </span><span style="font-family:inherit;font-size:10pt;">September 30, 2019</span><span style="font-family:inherit;font-size:10pt;">, </span><span style="font-family:inherit;font-size:10pt;"><span>$3.9 million</span></span><span style="font-family:inherit;font-size:10pt;"> was accrued in the “Other liabilities” line in the Consolidated Balance Sheets for environmental actions, the majority of which are for site remediation. The Company believes that the amounts accrued are adequate to cover such known environmental exposures based on current facts and estimates of likely outcomes. Although it is reasonably possible that the costs to resolve such known environmental exposures will exceed the amounts accrued, any variation from accrued amounts is not expected to be material.</span></div><div style="line-height:120%;padding-top:18px;text-indent:16px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;font-style:italic;font-weight:bold;text-decoration:underline;">Other</span></div><div style="line-height:120%;padding-top:6px;text-align:justify;text-indent:32px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">The Company has been named as a defendant in a number of cases alleging injuries that the lawsuits claim resulted from exposure to asbestos-containing products, apparently based on the Company’s historic use of vermiculite in certain of its products. In many of these cases, the complaints are not specific about the plaintiffs’ contacts with the Company or its products. The cases vary, but complaints in these cases generally seek unspecified monetary damages (actual, compensatory, consequential and punitive) from multiple defendants. The Company believes that the claims against it are without merit and is vigorously defending against them. No accruals have been recorded in the Company’s consolidated financial statements as the likelihood of a loss is not probable at this time; and the Company does not believe a reasonably possible loss would be material to, nor the ultimate resolution of these cases will have a material adverse effect on, the Company’s financial condition, results of operations or cash flows. There can be no assurance that future developments related to pending claims or claims filed in the future, whether as a result of adverse outcomes or as a result of significant defense costs, will not have a material effect on the Company’s financial condition, results of operations or cash flows.</span></div><div style="line-height:120%;padding-top:6px;text-align:justify;text-indent:32px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">In connection with the sale of wild bird food products that were the subject of a voluntary recall in 2008, the Company, along with its Chief Executive Officer, had been named as defendants in four actions filed on and after June 27, 2012, which were consolidated, and, on March 31, 2017, certified as a class action in the United States District Court for the Southern District of </span></div><div style="line-height:120%;padding-top:6px;text-align:justify;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">California as </span><span style="font-family:inherit;font-size:10pt;font-style:italic;">In re Morning Song Bird Food Litigation</span><span style="font-family:inherit;font-size:10pt;">, Lead Case No. 3:12-cv-01592-JAH-AGS. The plaintiffs alleged various statutory and common law claims associated with the Company’s sale of wild bird food products and a plea agreement entered into in previously pending government proceedings associated with such sales. The plaintiffs alleged, among other things, a class action on behalf of all persons and entities in the United States who purchased certain bird food products. The plaintiffs asserted: (i) hundreds of millions of dollars in monetary damages (actual, compensatory, consequential, and restitution); (ii) punitive and treble damages; (iii) injunctive and declaratory relief; (iv) pre-judgment and post-judgment interest; and (v) costs and attorneys’ fees. The Company and its Chief Executive Officer disputed the plaintiffs’ assertions and have vigorously defended the consolidated action. The parties reached an agreement to settle this matter, which the parties memorialized in a settlement agreement submitted to the Court for approval on December 7, 2018. On January 31, 2019, the Court preliminarily approved the settlement, and on June 11, 2019, the Court granted final approval of the settlement.  The settlement became effective on July 12, 2019. During the second quarter of fiscal 2019, the Company paid $</span><span style="font-family:inherit;font-size:10pt;"><span>42.5 million</span></span><span style="font-family:inherit;font-size:10pt;"> to the settlement fund in accordance with the settlement agreement, and the final payment of $</span><span style="font-family:inherit;font-size:10pt;"><span>20.0 million</span></span><span style="font-family:inherit;font-size:10pt;"> was made during the fourth quarter of fiscal 2019. At September 30, 2019 and 2018, </span><span style="font-family:inherit;font-size:10pt;"><span>zero</span></span><span style="font-family:inherit;font-size:10pt;"> and $</span><span style="font-family:inherit;font-size:10pt;"><span>85.0 million</span></span><span style="font-family:inherit;font-size:10pt;">, respectively, was accrued for a probable loss related to this matter in the “Other current liabilities” line in the Consolidated Balance Sheets. During fiscal 2019, the Company recognized a favorable adjustment of $</span><span style="font-family:inherit;font-size:10pt;"><span>22.5 million</span></span><span style="font-family:inherit;font-size:10pt;"> in the “Income (loss) from discontinued operations, net of tax” line in the Consolidated Statements of Operations as a result of the final resolution of the previously disclosed settlement agreement. In addition, during fiscal 2019, the Company recognized insurance recoveries of $</span><span style="font-family:inherit;font-size:10pt;"><span>13.4 million</span></span><span style="font-family:inherit;font-size:10pt;"> related to this matter in the “Income (loss) from discontinued operations, net of tax” line in the Consolidated Statements of Operations.</span></div><div style="line-height:120%;padding-top:6px;text-align:justify;text-indent:32px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">The Company was named as a defendant in </span><span style="font-family:inherit;font-size:10pt;font-style:italic;">In re Scotts EZ Seed Litigation</span><span style="font-family:inherit;font-size:10pt;">, Case No. 12-cv-4727 (VB), a New York and California class action lawsuit filed August 9, 2012 in the United States District Court for the Southern District of New York that asserted claims under false advertising and other legal theories based on a marketing statement on the Company’s EZ Seed grass seed product from 2009 to 2012. The plaintiffs sought, on behalf of themselves and purported class members, various forms of monetary and non-monetary relief, including statutory damages that they contend could amount to hundreds of millions of dollars. The Company defended the action vigorously, and disputed the plaintiffs’ claims and theories, including the recoverability of statutory damages. In 2017, the Court eliminated certain claims, narrowed the case in certain respects, and permitted the case to continue proceeding as a class action. On August 7, 2017, the Court requested briefs on the Company’s request for interlocutory review of issues relating to the recoverability of statutory damages in a class action by the United States Court of Appeals for the Second Circuit and, on August 31, 2017, approved that request. On January 8, 2018, however, the Second Circuit denied the interlocutory appeal request. The parties engaged in mediation on April 9, 2018 and agreed in principle to a preliminary settlement of the outstanding claims on April 10, 2018. The preliminary settlement required the Company to pay certain attorneys’ and administrative fees and provide certain payments to the class members. The preliminary settlement was approved by the court on December 19, 2018. This case is now settled and the Company made final payment of the claims made by class members during the second quarter of fiscal 2019. At September 30, 2019 and 2018, </span><span style="font-family:inherit;font-size:10pt;"><span>zero</span></span><span style="font-family:inherit;font-size:10pt;"> and $</span><span style="font-family:inherit;font-size:10pt;"><span>11.7 million</span></span><span style="font-family:inherit;font-size:10pt;">, respectively, was accrued for a probable loss related to this matter in the “Other current liabilities” line in the Consolidated Balance Sheets. During fiscal 2019, the Company recognized a favorable adjustment of $</span><span style="font-family:inherit;font-size:10pt;"><span>0.4 million</span></span><span style="font-family:inherit;font-size:10pt;"> related to this matter in the “Impairment, restructuring and other” line in the Consolidated Statements of Operations as a result of the final payment of the claims made by class members.</span></div><div style="line-height:120%;padding-top:12px;text-align:justify;text-indent:32px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">The Company is involved in other lawsuits and claims which arise in the normal course of business. These claims individually and in the aggregate are not expected to result in a material effect on the Company’s financial condition, results of operations or cash flows.</span></div>
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CY2019 us-gaap Weighted Average Number Of Shares Outstanding Basic
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CY2019 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
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