Rayovac 2011 Annual Report Download - page 46

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ITEM 6. SELECTED FINANCIAL DATA
The following selected historical financial data is derived from our audited consolidated financial
statements. Only our Consolidated Statements of Financial Position as of September 30, 2011 and 2010 and our
Consolidated Statements of Operations, Consolidated Statements of Shareholders’ Equity (Deficit) and
Comprehensive Income (Loss) and Consolidated Statements of Cash Flows for the years ended September 30,
2011, 2010 and 2009 are included elsewhere in this Annual Report on Form 10-K. The information presented
below as of and for the fiscal years ended September 30, 2011 and 2010 also includes that of Russell Hobbs since
the Merger on June 16, 2010.
On November 5, 2008, Spectrum Brands’ board of directors committed to the shutdown of the growing
products portion of the Home and Garden Business, which includes the manufacturing and marketing of
fertilizers, enriched soils, mulch and grass seed, following an evaluation of the historical lack of profitability and
the projected input costs and significant working capital demands for the growing product portion of the Home
and Garden Business during Fiscal 2009. During the second quarter of Fiscal 2009, we completed the shutdown
of the growing products portion of the Home and Garden Business and, accordingly, began reporting the results
of operations of this business as discontinued operations. Therefore, the presentation of all historical continuing
operations has been changed to exclude the growing products portion of the Home and Garden Business. 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 Item 7.
Management’s Discussion and Analysis of Financial Condition and Results of Operations included elsewhere
herein.
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