Rayovac 2011 Annual Report Download - page 141

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SPECTRUM BRANDS HOLDINGS, INC. AND SUBSIDIARIES
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS—(CONTINUED)
(In thousands, except per share amounts)
As of September 30, 2011, the Company is no longer exchanging its Bolivar Fuertes for U.S. dollars
through the SITME mechanism and the SITME is no longer the most likely method of exchanging its Bolivar
fuertes for U.S. dollars. Therefore, the Company changed the rate used to remeasure Bolivar fuerte denominated
transactions as of September 30, 2011 from the 5.3 SITME rate to the 4.3 official exchange rate in accordance
with ASC 830 as it is the expected rate at which exchanges of Bolivar fuerte to U.S. dollars will be settled. The
Company reported a foreign exchange gain in Other expense (income), net, of $(1,293) during Fiscal 2011
related to the change to the official exchange rate.
Segment total assets
September 30,
2011 2010
Global Batteries & Appliances .................................. $2,275,076 $2,477,091
Global Pet Supplies ........................................... 828,202 839,191
Home and Garden Business .................................... 476,381 496,143
Total segments ............................................... 3,579,659 3,812,425
Corporate ................................................... 47,047 61,179
Total assets at year end ........................................ $3,626,706 $3,873,604
Segment long-lived assets (A)
September 30,
2011 2010
Global Batteries & Appliances ............................................ $1,468,617 $1,538,511
Global Pet Supplies ..................................................... 647,953 654,743
Home and Garden Business .............................................. 417,078 424,523
Total segments ......................................................... 2,533,648 2,617,777
Corporate ............................................................. 44,770 56,115
Long-lived assets at year end ............................................. $2,578,418 $2,673,892
(A) Includes all of the Company’s non-current assets.
Capital expenditures
Successor
Company
Predecessor
Company
2011 2010
Period from
August 31, 2009
through
September 30,
2009
Period from
October 1, 2008
through
August 30,
2009
Global Batteries & Appliances ....................... $25,471 $28,496 $2,311 $6,642
Global Pet Supplies ............................... 7,059 7,920 288 1,260
Home and Garden Business ......................... 3,630 3,890 119 164
Total segments ................................... 36,160 40,306 2,718 8,066
Corporate ....................................... — 10 — —
Total Capital expenditures .......................... $36,160 $40,316 $2,718 $8,066
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