Schedule of Correction of Immaterial Errors to Prior Period Financial Statements | The following table summarizes the effect of the corrections on income before income taxes and equity in earnings of equity method investees on the consolidated statement of income for the years ended June 30, 2015 and 2014: Fiscal Year Ended June 30, 2015 2014 Effect of Revenue Corrections $ (6,214 ) $ (5,982 ) Timing of Tradename Impairment 5,510 (6,399 ) Other Corrections (1,717 ) 1,947 Effect of all corrections on income before income taxes and equity in earnings of equity-method investees $ (2,421 ) $ (10,434 ) The following table reconciles the Company’s consolidated balance sheet at June 30, 2015 from the previously reported amounts to the revised amounts: June 30, 2015 As Reported Adjustment As Revised ASSETS Current assets: Cash and cash equivalents $ 166,922 $ — $ 166,922 Accounts receivable, less allowance for doubtful accounts of $896 320,197 (57,089 ) 263,108 Inventories 382,211 15,108 397,319 Deferred income taxes 20,758 17,748 38,506 Prepaid expenses and other current assets 42,931 20,009 62,940 Total current assets 933,019 (4,224 ) 928,795 Property, plant and equipment, net 344,262 9,402 353,664 Goodwill 1,136,079 (401 ) 1,135,678 Trademarks and other intangible assets, net 647,754 (1,362 ) 646,392 Investments and joint ventures 2,305 — 2,305 Other assets 33,851 (1,277 ) 32,574 Total assets $ 3,097,270 $ 2,138 $ 3,099,408 LIABILITIES AND STOCKHOLDERS’ EQUITY Current liabilities: Accounts payable $ 251,999 $ 22,448 $ 274,447 Accrued expenses and other current liabilities 79,167 6,466 85,633 Current portion of long-term debt 31,275 — 31,275 Total current liabilities 362,441 28,914 391,355 Long-term debt, less current portion 812,608 — 812,608 Deferred income taxes 145,297 5,844 151,141 Other noncurrent liabilities 5,237 11,400 16,637 Total liabilities 1,325,583 46,158 1,371,741 Stockholders’ equity: Preferred stock - $.01 par value, authorized 5,000 shares; issued and outstanding: none — — — Common stock - $.01 par value, authorized 150,000 shares; issued: 105,841 shares; outstanding: 102,612 shares 1,058 — 1,058 Additional paid-in-capital 1,073,671 (1,244 ) 1,072,427 Retained earnings 797,514 (43,551 ) 753,963 Accumulated other comprehensive loss (42,406 ) 775 (41,631 ) 1,829,837 (44,020 ) 1,785,817 Less: Treasury stock, at cost, 3,229 shares (58,150 ) — (58,150 ) Total stockholders’ equity 1,771,687 (44,020 ) 1,727,667 Total liabilities and stockholders’ equity $ 3,097,270 $ 2,138 $ 3,099,408 The following tables reconcile the Company’s fiscal 2015 and 2014 annual consolidated statements of income from the previously reported amounts to the revised amounts: Year Ended June 30, 2015 Year Ended June 30, 2014 As Reported Adjustment As Revised As Reported Adjustment As Revised Net sales $ 2,688,515 $ (78,902 ) $ 2,609,613 $ 2,153,611 $ (45,789 ) $ 2,107,822 Cost of sales 2,069,898 (23,140 ) 2,046,758 1,586,418 (6,878 ) 1,579,540 Gross profit 618,617 (55,762 ) 562,855 567,193 (38,911 ) 528,282 Selling, general and administrative expenses 348,517 (45,690 ) 302,827 311,288 (31,778 ) 279,510 Amortization of acquired intangibles 17,985 (139 ) 17,846 15,600 (160 ) 15,440 Tradename impairment 5,510 (5,510 ) — — 6,399 6,399 Acquisition related expenses, restructuring and integration charges 8,860 (540 ) 8,320 12,568 (2,381 ) 10,187 Operating income 237,745 (3,883 ) 233,862 227,737 (10,991 ) 216,746 Interest and other financing expense, net 26,022 (49 ) 25,973 24,691 (325 ) 24,366 Other (income)/expense, net 4,689 — 4,689 (4,548 ) (232 ) (4,780 ) Gain on sale of business (8,256 ) (1,413 ) (9,669 ) — — — Income before income taxes and equity in earnings of equity-method investees 215,290 (2,421 ) 212,869 207,594 (10,434 ) 197,160 Provision for income taxes 47,883 652 48,535 70,099 (491 ) 69,608 Equity in net loss of equity-method investees (489 ) (139 ) (628 ) (3,985 ) (14 ) (3,999 ) Income from continuing operations 167,896 (2,934 ) 164,962 141,480 (9,929 ) 131,551 Loss from discontinued operations, net of tax — — — (1,629 ) — (1,629 ) Net income $ 167,896 $ (2,934 ) $ 164,962 $ 139,851 $ (9,929 ) $ 129,922 Basic net income (loss) per common share: From continuing operations $ 1.65 $ (0.03 ) $ 1.62 $ 1.45 $ (0.10 ) $ 1.35 From discontinued operations — — — (0.02 ) — (0.02 ) Net income per common share - basic $ 1.65 $ (0.03 ) $ 1.62 $ 1.43 $ (0.10 ) $ 1.33 Diluted net income (loss) per common share: From continuing operations $ 1.62 $ (0.03 ) $ 1.60 $ 1.42 $ (0.10 ) $ 1.32 From discontinued operations — — — (0.02 ) — (0.02 ) Net income per common share - diluted $ 1.62 $ (0.03 ) $ 1.60 $ 1.40 $ (0.10 ) $ 1.30 Shares used in the calculation of net income per common share: Basic 101,703 101,703 101,703 97,750 97,750 97,750 Diluted 103,421 103,421 103,421 100,006 100,006 100,006 Net income/(loss) per common share may not add in certain periods due to rounding The following table reconciles the Company’s fiscal 2015 and 2014 annual consolidated statements of comprehensive income (loss) from the previously reported amounts to the revised amounts: Fiscal Year Ended June 30, 2015 Fiscal Year Ended June 30, 2014 As Reported Adjustment As Revised As Reported Adjustment As Revised Net income $ 167,896 $ (2,934 ) $ 164,962 $ 139,851 $ (9,929 ) $ 129,922 Other comprehensive income (loss): Foreign currency translation adjustments (103,209 ) 835 (102,374 ) 90,625 148 90,773 Change in deferred gains (losses) on cash flow hedging instruments 1,581 — 1,581 (1,404 ) — (1,404 ) Change in unrealized loss on available for sale investment (906 ) — (906 ) (1,842 ) — (1,842 ) Total other comprehensive (loss) income (102,534 ) 835 (101,699 ) 87,379 148 87,527 Total comprehensive income $ 65,362 $ (2,099 ) $ 63,263 $ 227,230 $ (9,781 ) $ 217,449 The following table reconciles the Company’s fiscal 2015 and 2014 annual cash flows from operating activities from the previously reported amounts to the revised amounts: Fiscal Year Ended June 30, 2015 Fiscal Year Ended June 30, 2014 As Reported Adjustment As Revised As Reported Adjustment As Revised Net income $ 167,896 $ (2,934 ) $ 164,962 $ 139,851 $ (9,929 ) $ 129,922 Adjustments to reconcile net income to net cash provided by operating activities Depreciation and amortization 56,587 793 57,380 48,040 182 48,222 Deferred income taxes (11,603 ) 8,936 (2,667 ) (1,350 ) (1,262 ) (2,612 ) Equity in net income of equity-method investees (489 ) (139 ) (628 ) (3,985 ) (14 ) (3,999 ) Stock based compensation 12,197 — 12,197 12,448 — 12,448 Contingent consideration expense 280 (533 ) (253 ) (3,026 ) 2,043 (983 ) Loss on sale of business — — — 1,629 — 1,629 Gains on pre-existing ownership interests in HPPC and Empire (8,256 ) (1,413 ) (9,669 ) — — — Impairment charges 5,510 (5,510 ) — — 7,504 7,504 Other non-cash items, net (1,428 ) (6 ) (1,434 ) 1,175 — 1,175 Increase (decrease) in cash attributable to changes in operating assets and liabilities, net Accounts receivable (31,846 ) 12,264 (19,582 ) 967 11,628 12,595 Inventories (21,097 ) (9,368 ) (30,465 ) (22,775 ) (2,044 ) (24,819 ) Other current assets 7,699 (23,007 ) (15,308 ) (7,948 ) (8,055 ) (16,003 ) Other assets and liabilities (3,964 ) — (3,964 ) (5,540 ) 4,997 (543 ) Accounts payable and accrued expenses 13,996 20,917 34,913 25,282 (5,050 ) 20,232 Net cash provided by operating activities $ 185,482 $ — $ 185,482 $ 184,768 $ — $ 184,768 The following table reconciles the Company’s fiscal 2013, 2014 and 2015 annual consolidated statements of stockholders’ equity from the previously reported amounts to the revised amounts: Common Stock Additional Accumulated Other Amount Paid-in Retained Treasury Stock Comprehensive Shares at $.01 Capital Earnings Shares Amount Income (Loss) Total Balance at June 30, 2013, as reported 98,044 $ 980 $ 768,284 $ 489,767 2,672 $ (30,225 ) $ (27,251 ) $ 1,201,555 Adjustment — — — (30,688 ) — — (208 ) (30,896 ) Balance at June 30, 2013, as revised 98,044 $ 980 $ 768,284 $ 459,079 2,672 $ (30,225 ) $ (27,459 ) $ 1,170,659 Balance at June 30, 2014, as reported 103,143 $ 1,031 $ 969,182 $ 629,618 2,906 $ (40,092 ) $ 60,128 $ 1,619,867 Adjustment — — 1,635 (40,617 ) — — (60 ) (39,042 ) Balance at June 30, 2014, as revised 103,143 $ 1,031 $ 970,817 $ 589,001 2,906 $ (40,092 ) $ 60,068 $ 1,580,825 Balance at June 30, 2015, as reported 105,841 $ 1,058 $ 1,073,671 $ 797,514 3,229 $ (58,150 ) $ (42,406 ) $ 1,771,687 Adjustment — — (1,244 ) (43,551 ) — — 775 (44,020 ) Balance at June 30, 2015, as revised 105,841 $ 1,058 $ 1,072,427 $ 753,963 3,229 $ (58,150 ) $ (41,631 ) $ 1,727,667 Note: The common stock and additional paid-in capital amounts and the treasury shares for the fiscal year ended June 30, 2014 have been retroactively adjusted to reflect a two -for-one stock split of the Company’s common stock in the form of a 100% stock dividend. The following table reconciles the Company’s fiscal 2015 and 2014 annual segment net sales and operating income data from the previously reported amounts to the revised amounts: Fiscal Year Ended June 30, 2015 Fiscal Year Ended June 30, 2014 As Reported Adjustment As Revised As Reported Adjustment As Revised Net Sales: United States $ 1,367,388 $ (41,392 ) $ 1,325,996 $ 1,282,175 $ (35,062 ) $ 1,247,113 United Kingdom 735,996 (13,166 ) 722,830 637,454 (8,626 ) 628,828 Hain Pure Protein 358,582 (21,385 ) 337,197 — — — Rest of World 226,549 (2,959 ) 223,590 233,982 (2,101 ) 231,881 $ 2,688,515 $ (78,902 ) $ 2,609,613 $ 2,153,611 $ (45,789 ) $ 2,107,822 Operating Income: United States $ 199,901 $ (11,847 ) $ 188,054 $ 205,864 $ (4,801 ) $ 201,063 United Kingdom 46,222 (1,237 ) 44,985 52,661 (3,152 ) 49,509 Hain Pure Protein 26,479 2,206 28,685 — — — Rest of World 16,438 (1,228 ) 15,210 16,931 (182 ) 16,749 $ 289,040 $ (12,106 ) $ 276,934 $ 275,456 $ (8,135 ) $ 267,321 Corporate and Other (51,295 ) 8,223 (43,072 ) (47,719 ) (2,856 ) (50,575 ) $ 237,745 $ (3,883 ) $ 233,862 $ 227,737 $ (10,991 ) $ 216,746 The following tables reconcile the Company’s fiscal 2016 and 2015 quarterly consolidated statements of income from the previously reported amounts to the revised amounts: Three Months Ended March 31, 2016 December 31, 2015 September 30, 2015 As Reported Adjustment As Revised As Reported Adjustment As Revised As Reported Adjustment As Revised Net sales $ 749,862 $ (13,199 ) $ 736,663 $ 752,589 $ (9,152 ) $ 743,437 $ 687,188 $ (19,461 ) $ 667,727 Cost of sales 576,653 102 576,755 575,026 2,150 577,176 535,141 (5,295 ) 529,846 Gross profit 173,209 (13,301 ) 159,908 177,563 (11,302 ) 166,261 152,047 (14,166 ) 137,881 Selling, general and administrative expenses 93,915 (15,025 ) 78,890 82,607 (13,626 ) 68,981 86,254 (10,704 ) 75,550 Amortization of acquired intangibles 4,586 (33 ) 4,553 4,736 (32 ) 4,704 4,672 (33 ) 4,639 Acquisition related expenses, restructuring and integration charges 5,701 (384 ) 5,317 2,498 — 2,498 3,653 (233 ) 3,420 Operating income 69,007 2,141 71,148 87,722 2,356 90,078 57,468 (3,196 ) 54,272 Interest and other financing expense, net 6,920 — 6,920 6,131 — 6,131 6,467 — 6,467 Other (income)/ expense, net 378 — 378 3,234 — 3,234 5,401 — 5,401 Gain on fire insurance recovery (9,013 ) — (9,013 ) — — — — — — Income before income taxes and equity in earnings of equity- method investees 70,722 2,141 72,863 78,357 2,356 80,713 45,600 (3,196 ) 42,404 Provision for income taxes 21,576 2,338 23,914 21,379 1,223 22,602 14,382 (1,052 ) 13,330 Equity in net income of equity-method investees 161 — 161 31 — 31 (84 ) — (84 ) Net income $ 48,985 $ (197 ) $ 48,788 $ 56,947 $ 1,133 $ 58,080 $ 31,302 $ (2,144 ) $ 29,158 Net income per common share: Basic $ 0.47 $ — $ 0.47 $ 0.55 $ 0.01 $ 0.56 $ 0.30 $ (0.02 ) $ 0.28 Diluted $ 0.47 $ — $ 0.47 $ 0.55 $ 0.01 $ 0.56 $ 0.30 $ (0.02 ) $ 0.28 Weighted average common shares outstanding: Basic 103,265 103,265 103,265 103,017 103,017 103,017 102,807 102,807 102,807 Diluted 104,087 104,087 104,087 104,161 104,161 104,161 104,258 104,258 104,258 * Net income/(loss) per common share may not add in certain periods due to rounding Three Months Ended June 30, 2015 March 31, 2015 As Reported Adjustment As Revised As Reported Adjustment As Revised Net sales $ 698,136 $ (17,571 ) $ 680,565 $ 662,739 $ (10,388 ) $ 652,351 Cost of sales 530,439 (5,599 ) 524,840 504,990 (2,248 ) 502,742 Gross profit 167,697 (11,972 ) 155,725 157,749 (8,140 ) 149,609 Selling, general and administrative expenses 85,904 (14,567 ) 71,337 83,068 (10,558 ) 72,510 Amortization of acquired intangibles 4,494 (32 ) 4,462 4,679 (32 ) 4,647 Tradename impairment — — — 5,510 (5,510 ) — Acquisition related expenses, restructuring and integration charges 2,587 — 2,587 4,298 — 4,298 Operating income 74,712 2,627 77,339 60,194 7,960 68,154 Interest and other financing expense, net 6,420 — 6,420 6,298 — 6,298 Other (income)/expense, net (3,968 ) — (3,968 ) 3,886 — 3,886 Gain on sale of business (1,378 ) — (1,378 ) (1,544 ) — (1,544 ) Income before income taxes and equity in earnings of equity-method investees 73,638 2,627 76,265 51,554 7,960 59,514 Provision for income taxes 2,740 1,547 4,287 18,147 3,353 21,500 Equity in net income (loss) of equity-method investees (174 ) — (174 ) 13 — 13 Net income $ 71,072 $ 1,080 $ 72,152 $ 33,394 $ 4,607 $ 38,001 Net income per common share: Basic $ 0.69 $ 0.01 $ 0.70 $ 0.33 $ 0.05 $ 0.37 Diluted $ 0.68 $ 0.01 $ 0.69 $ 0.32 $ 0.04 $ 0.37 Weighted average common shares outstanding: Basic 102,610 102,610 102,610 102,252 102,252 102,252 Diluted 104,005 104,005 104,005 103,796 103,796 103,796 * Net income/(loss) per common share may not add in certain periods due to rounding Three Months Ended December 31, 2014 September 31, 2014 As Reported Adjustment As Revised As Reported Adjustment As Revised Net sales $ 696,383 $ (16,624 ) $ 679,759 $ 631,257 $ (34,319 ) $ 596,938 Cost of sales 529,056 344 529,400 505,413 (15,637 ) 489,776 Gross profit 167,327 (16,968 ) 150,359 125,844 (18,682 ) 107,162 Selling, general and administrative expenses 88,621 (10,377 ) 78,244 90,924 (10,189 ) 80,735 Amortization of acquired intangibles 4,303 (36 ) 4,267 4,509 (38 ) 4,471 Tradename impairment — — — — — — Acquisition related expenses, restructuring and integration charges 391 (540 ) (149 ) 1,584 — 1,584 Operating income 74,012 (6,015 ) 67,997 28,827 (8,455 ) 20,372 Interest and other financing expense, net 6,542 — 6,542 6,762 (49 ) 6,713 Other expense, net 2,272 — 2,272 2,499 — 2,499 Gain on sale of business — — — (5,334 ) (1,413 ) (6,747 ) Income before income taxes and equity in earnings of equity-method investees 65,198 (6,015 ) 59,183 24,900 (6,993 ) 17,907 Provision for income taxes 20,931 (1,093 ) 19,838 6,065 (3,154 ) 2,911 Equity in net loss of equity-method investees (308 ) — (308 ) (20 ) (139 ) (159 ) Net income $ 44,575 $ (4,922 ) $ 39,653 $ 18,855 $ (3,700 ) $ 15,155 Net income per common share: Basic $ 0.44 $ (0.05 ) $ 0.39 $ 0.19 $ (0.04 ) $ 0.15 Diluted $ 0.43 $ (0.05 ) $ 0.38 $ 0.18 $ (0.04 ) $ 0.15 Weighted average common shares outstanding: Basic 101,267 101,267 101,267 100,682 100,682 100,682 Diluted 103,226 103,226 103,226 102,656 102,656 102,656 * Net income/(loss) per common share may not add in certain periods due to rounding |