Rayovac 2013 Annual Report Download - page 104
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SPECTRUM BRANDS HOLDINGS, INC.
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS—(CONTINUED)
(Amounts in thousands, except per share figures)
The following table summarizes acquisition and integration related charges incurred by the Company during
Fiscal 2013, Fiscal 2012 and Fiscal 2011:
2013 2012 2011
Russell Hobbs
Integration costs ..................................... $ 3,452 $10,168 $23,084
Employee termination charges .......................... 217 3,900 8,105
Legal and professional fees ............................ 39 1,495 4,883
Russell Hobbs Acquisition and integration related charges ........ $ 3,708 $15,563 $36,072
HHI Business
Legal and professional fees ............................ 27,712 — —
Integration costs ..................................... 8,864 — —
Employee termination charges .......................... 356 — —
HHI Business Acquisition and integration related charges ........ $36,932 $ — $ —
Shaser ................................................ 4,828 — —
FURminator ........................................... 2,270 7,938 —
Black Flag ............................................. 154 3,379 —
Other ................................................. 553 4,186 531
Total Acquisition and integration related charges ............... $48,445 $31,066 $36,603
(3) INVENTORIES
Inventories for the Company, which are stated at the lower of cost or market, consist of the following:
September 30,
2013 2012
Raw materials .................................................. $ 97,290 $ 58,515
Work-in-process ................................................ 40,626 23,434
Finished goods .................................................. 495,007 370,684
$632,923 $452,633
(4) Property, Plant and Equipment
Property, plant and equipment consist of the following:
September 30,
2013 2012
Land, buildings and improvements .................................. $164,654 $ 88,580
Machinery, equipment and other .................................... 405,126 247,065
Construction in progress .......................................... 46,668 18,366
$616,448 $354,011
Less accumulated depreciation ..................................... 203,897 139,994
$412,551 $214,017
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