Rayovac 2015 Annual Report Download - page 57

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Subsequently, on July 28, 2015, the Board of Directors of the Company approved a $300 million common
stock repurchase program to replace the previous $200 million common stock repurchase program previously
discussed. The authorization is effective for 36 months. The following table reflects all shares repurchased,
inclusive of shares purchased under the plan:
Total
Number of
Shares
Purchased
Average
Price Paid
Per Share
Total Number of
Shares Purchased as
Part of Plan
Approximate
Dollar Value
of Shares that may
Yet Be Purchased
Quarter ended September 30, 2015 ....... 130,000 $98.18 130,000 287,236,600
As of September 30, 2015 ............. 130,000 $98.18 130,000 287,236,600
ITEM 6. SELECTED FINANCIAL DATA
Spectrum Brands Holdings, Inc.
The following selected historical financial data is derived from SBH’s audited consolidated financial
statements. Our Consolidated Statements of Financial Position as of September 30, 2015 and 2014 and our
Consolidated Statements of Operations, Consolidated Statements of Comprehensive Income (Loss), Consolidated
Statements of Shareholders’ Equity and Consolidated Statements of Cash Flows for the years ended
September 30, 2015, 2014 and 2013 are included elsewhere in this Annual Report on Form 10-K.
The following selected financial data, which may not be indicative of future performance, should be read in
conjunction with our consolidated financial statements and notes thereto and the information contained in
“Management’s Discussion and Analysis of Financial Condition and Results of Operations” included elsewhere
in this Annual Report on Form 10-K.
2015(1) 2014(2) 2013(3) 2012(4) 2011
(in millions, except per share data)
Statement of Operations Data
Net sales ...................................... $4,690.4 $4,429.1 $4,085.6 $3,252.4 $3,186.9
Gross profit .................................... 1,670.3 1,568.9 1,390.3 1,115.7 1,128.9
Operating income(5) ............................. 474.1 481.9 351.2 301.7 227.9
Interest expense(6) .............................. 271.9 202.1 375.6 191.9 208.3
Other non-operating expense, net ................... 8.9 6.3 3.5 0.8 2.5
Income (loss) from operations before income taxes ..... 193.3 273.5 (27.9) 109.0 17.1
Income tax expense(7) ........................... 43.9 59.0 27.4 60.4 92.3
Net income (loss) ............................... 149.4 214.5 (55.3) 48.6 (75.2)
Net income (loss) attributable to non-controlling
interest ...................................... 0.5 0.4 (0.1) — —
Net income (loss) attributable to controlling interest .... 148.9 214.1 (55.2) 48.6 (75.2)
Restructuring and Related Charges
Cost of goods sold ............................... $ 2.1 $ 3.7 $ 10.0 $ 9.8 $ 7.8
Operating expenses .............................. 26.6 19.2 24.0 9.7 20.8
Earnings (Loss) Per Share of Common Stock
Basic ..................................... $ 2.68 $ 4.07 $ (1.06) $ 0.94 $ (1.47)
Diluted .................................... 2.66 4.02 (1.06) 0.91 (1.47)
Dividends per share .......................... 1.27 1.15 0.75 1.00 —
Weighted Average Shares Outstanding
Basic ..................................... 55.6 52.6 52.0 51.6 51.1
Diluted .................................... 55.9 53.3 52.0 53.3 51.1
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