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Business Segment Information (Tables) | 6 Months Ended
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Jun. 30, 2014
Segment Reporting [Abstract] |
Total assets and long-lived assets by segment | The following table summarizes total assets by segment:
(in millions) | June 30, |  | December 31,
Total assets: | 2014 |  | 2013
Tempur North America | $ | 2,591.5 |  |  | $ | 2,110.7 |
Tempur International | 408.0 |  |  | 477.7 |
Sealy | 1,962.9 |  |  | 1,956.6 |
Inter-segment eliminations | (2,210.5 | ) |  | (1,815.1 | )
| $ | 2,751.9 |  |  | $ | 2,729.9 |
The following table summarizes long-lived assets by segment:
(in millions) | June 30, |  | December 31,
Long-lived assets: | 2014 |  | 2013
Tempur North America | $ | 391.7 |  |  | $ | 393.1 |
Tempur International | 67.2 |  |  | 68.7 |
Sealy | 1,392.5 |  |  | 1,459.5 |
| $ | 1,851.4 |  |  | $ | 1,921.3 |
Long-lived assets by geographic region | The following table summarizes long-lived assets by geographic region:
(in millions) | June 30, |  | December 31,
| 2014 |  | 2013
United States | $ | 1,578.0 |  |  | $ | 1,647.0 |
Canada | 50.4 |  |  | 52.1 |
Other International | 223.0 |  |  | 222.2 |
| $ | 1,851.4 |  |  | $ | 1,921.3 |
Total International | 273.4 |  |  | 274.3 |
Net sales by geographic region | The following table summarizes net sales by geographic region:
(in millions) | Three Months Ended |  | Six Months Ended
| June 30, |  | June 30,
| 2014 |  | 2013 |  | 2014 |  | 2013
United States | $ | 524.2 |  |  | $ | 474.1 |  |  | $ | 1,028.2 |  |  | $ | 727.4 |
Canada | 53.7 |  |  | 56.1 |  |  | 102.4 |  |  | 71.1 |
Other International | 137.1 |  |  | 130.4 |  |  | 286.3 |  |  | 252.2 |
| $ | 715.0 |  |  | $ | 660.6 |  |  | $ | 1,416.9 |  |  | $ | 1,050.7 |
Total International | $ | 190.8 |  |  | $ | 186.5 |  |  | $ | 388.7 |  |  | $ | 323.3 |
Segment financial information | The following table summarizes segment information:
(in millions) | Three Months Ended |  | Six Months Ended
| June 30, |  | June 30,
| 2014 |  | 2013 |  | 2014 |  | 2013
Net sales to external customers: |  |  |  |  |  |  |
Tempur North America |  |  |  |  |  |  |
Bedding | $ | 223.9 |  |  | $ | 199.5 |  |  | $ | 423.4 |  |  | $ | 404.1 |
Other products | 13.4 |  |  | 16.0 |  |  | 26.9 |  |  | 37.3 |
| $ | 237.3 |  |  | $ | 215.5 |  |  | $ | 450.3 |  |  | $ | 441.4 |
Tempur International |  |  |  |  |  |  |  |  |  |  |
Bedding | $ | 81.5 |  |  | $ | 73.9 |  |  | $ | 176.7 |  |  | $ | 163.2 |
Other products | 28.0 |  |  | 26.6 |  |  | 58.5 |  |  | 54.8 |
| $ | 109.5 |  |  | $ | 100.5 |  |  | $ | 235.2 |  |  | $ | 218.0 |
Sealy |  |  |  |  |  |  |  |  |  |  |
Bedding | $ | 352.0 |  |  | $ | 325.1 |  |  | $ | 693.3 |  |  | $ | 369.8 |
Other products | 16.2 |  |  | 19.5 |  |  | 38.1 |  |  | 21.5 |
| $ | 368.2 |  |  | $ | 344.6 |  |  | $ | 731.4 |  |  | $ | 391.3 |
| $ | 715.0 |  |  | $ | 660.6 |  |  | $ | 1,416.9 |  |  | $ | 1,050.7 |
Inter-segment sales: |  |  |  |  |  |  |  |  |  |  |
Tempur North America | $ | 1.7 |  |  | $ | — |  |  | $ | 1.8 |  |  | $ | 0.1 |
Tempur International | 0.1 |  |  | 0.1 |  |  | 0.2 |  |  | 0.2 |
Sealy | 4.2 |  |  | — |  |  | 8.5 |  |  | — |
Intercompany eliminations | (6.0 | ) |  | (0.1 | ) |  | (10.5 | ) |  | (0.3 | )
| $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |
Gross profit: |  |  |  |  |  |  |  |  |  |  |
Tempur North America | $ | 94.2 |  |  | $ | 88.5 |  |  | $ | 180.0 |  |  | $ | 191.9 |
Tempur International | 64.1 |  |  | 62.5 |  |  | 139.2 |  |  | 136.8 |
Sealy | 110.0 |  |  | 103.9 |  |  | 218.6 |  |  | 114.6 |
| $ | 268.3 |  |  | $ | 254.9 |  |  | $ | 537.8 |  |  | $ | 443.3 |
Operating income: |  |  |  |  |  |  |  |  |  |  |
Tempur North America | $ | 8.3 |  |  | $ | 10.3 |  |  | $ | 19.4 |  |  | $ | 26.1 |
Tempur International | 19.2 |  |  | 23.9 |  |  | 47.2 |  |  | 55.2 |
Sealy | 22.8 |  |  | 9.8 |  |  | 46.1 |  |  | 7.2 |
| $ | 50.3 |  |  | $ | 44.0 |  |  | $ | 112.7 |  |  | $ | 88.5 |
(Loss) income before income taxes: |  |  |  |  |  |  |  |  |  |  |
Tempur North America | $ | (12.5 | ) |  | $ | (22.9 | ) |  | $ | (20.7 | ) |  | $ | (34.6 | )
Tempur International | 18.8 |  |  | 22.5 |  |  | 46.2 |  |  | 52.7 |
Sealy | 1.1 |  |  | 7.1 |  |  | 21.1 |  |  | 3.7 |
| $ | 7.4 |  |  | $ | 6.7 |  |  | $ | 46.6 |  |  | $ | 21.8 |
Depreciation and amortization (including stock-based compensation amortization): |  |  |  |  |  |  |  |  |  |  |
Tempur North America | $ | 5.7 |  |  | $ | 10.8 |  |  | $ | 14.1 |  |  | $ | 20.6 |
Tempur International | 3.4 |  |  | 3.1 |  |  | 6.6 |  |  | 6.2 |
Sealy | 12.3 |  |  | 11.0 |  |  | 24.8 |  |  | 12.8 |
| $ | 21.4 |  |  | $ | 24.9 |  |  | $ | 45.5 |  |  | $ | 39.6 |
Intercompany royalties: |  |  |  |  |  |  |  |  |  |  |
Tempur North America | $ | 1.4 |  |  | $ | 1.4 |  |  | $ | 2.9 |  |  | $ | 2.7 |
Tempur International | (1.4 | ) |  | (1.4 | ) |  | (2.9 | ) |  | (2.7 | )
Sealy | — |  |  | — |  |  | — |  |  | — |
| $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |
Capital expenditures: |  |  |  |  |  |  |  |  |  |  |
Tempur North America | $ | 4.1 |  |  | $ | 7.0 |  |  | $ | 6.1 |  |  | $ | 10.9 |
Tempur International | 2.8 |  |  | 3.0 |  |  | 4.5 |  |  | 4.7 |
Sealy | 2.2 |  |  | 3.7 |  |  | 6.3 |  |  | 3.7 |
| $ | 9.1 |  |  | $ | 13.7 |  |  | $ | 16.9 |  |  | $ | 19.3 |

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- Definition Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 21 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8721-108599 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 25 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8813-108599 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=14024403&loc=d3e13816-109267 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8906-108599 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 22 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8736-108599 + Details
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