Rayovac 2013 Annual Report Download - page 12

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• the cost and effect of unanticipated legal, tax or regulatory proceedings or new laws or regulations
(including environmental, public health and consumer protection regulations);
• public perception regarding the safety of our products, including the potential for environmental
liabilities, product liability claims, litigation and other claims;
• the impact of pending or threatened litigation;
• changes in accounting policies applicable to our business;
• government regulations;
• the seasonal nature of sales of certain of our products;
• the effects of climate change and unusual weather activity;
• the effects of political or economic conditions, terrorist attacks, acts of war or other unrest in
international markets;
• the significant costs expected to be incurred in connection with the integration of us and the HHI
Business;
• the risk that we may become responsible for certain liabilities of the HHI Business;
• the risk that integrating our business with that of the HHI Business may divert our management’s
attention;
• our dedicating resources of the HHI Business to supply certain products and services to Stanley
Black & Decker and its subsidiaries as required following the Hardware Acquisition;
• general customer uncertainty related to the Hardware Acquisition; and
• the limited period of time for which we have the right to use certain Stanley Black & Decker
trademarks, brand names and logos.
Some of the above-mentioned factors are described in further detail in the section entitled “Risk Factors” set
forth below. You should assume the information appearing in this Annual Report on Form 10-K is accurate only
as of September 30, 2013 or as otherwise specified, as our business, financial condition, results of operations and
prospects may have changed since that date. Except as required by applicable law, including the securities laws
of the U.S. and the rules and regulations of the SEC, we undertake no obligation to publicly update or revise any
forward-looking statement, whether as a result of new information, future events or otherwise to reflect actual
results or changes in factors or assumptions affecting such forward-looking statements.
General
Spectrum Brands Holdings, Inc., a Delaware corporation (“SB Holdings” or the “Company”), is a
diversified global branded consumer products company. Spectrum Brands, Inc. (“Spectrum Brands”), is a wholly
owned subsidiary of SB Holdings. SB Holdings’ common stock trades on the New York Stock Exchange (the
“NYSE”) under the symbol “SPB.”
Unless the context indicates otherwise, the terms the “Company,” “Spectrum,” “we,” “our” or “us” are used
to refer to SB Holdings and its subsidiaries.
On December 17, 2012, we acquired the residential hardware and home improvement business (the “HHI
Business”) from Stanley Black & Decker, Inc. (“Stanley Black & Decker”), which includes (i) the equity
interests of certain subsidiaries of Stanley Black & Decker engaged in the business and (ii) certain assets of
Stanley Black & Decker used or held for use in connection with the business (together the “Hardware
Acquisition”). On April 8, 2013, we completed the HHI Business acquisition by acquiring certain assets of Tong
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