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v2.4.1.9

Segment Information (Tables) | 3 Months Ended
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Mar. 31, 2015
Segment Reporting [Abstract] |
Total assets and long-lived assets by segment | The following table summarizes total assets by segment:
(in millions) | March 31, |  | December 31,
| 2015 |  | 2014
North America | $ | 2,531.7 |  |  | $ | 2,507.4 |
International | 477.3 |  |  | 474.3 |
Corporate | 673.8 |  |  | 858.5 |
Inter-segment eliminations | (1,027.7 | ) |  | (1,177.6 | )
Total assets | $ | 2,655.1 |  |  | $ | 2,662.6 |
The following table summarizes long-lived assets by segment:
(in millions) | March 31, |  | December 31,
| 2015 |  | 2014
North America | $ | 240.7 |  |  | $ | 240.5 |
International | 53.7 |  |  | 60.3 |
Corporate | 58.7 |  |  | 54.8 |
Total long-lived assets: | $ | 353.1 |  |  | $ | 355.6 |
Segment financial information | The following table summarizes segment information for the three months ended March 31, 2015:
(in millions) | North America |  | International |  | Corporate |  | Intercompany Eliminations |  | Consolidated
Bedding sales | $ | 558.6 |  |  | $ | 117.1 |  |  | $ | — |  |  | $ | — |  |  | $ | 675.7 |
Other sales | 35.5 |  |  | 28.3 |  |  | — |  |  | — |  |  | 63.8 |
Net sales | 594.1 |  |  | 145.4 |  |  | — |  |  | — |  |  | 739.5 |
Inter-segment sales | $ | 1.7 |  |  | $ | 0.1 |  |  | $ | — |  |  | $ | (1.8 | ) |  | $ | — |
Gross profit | 203.1 |  |  | 75.6 |  |  | — |  |  | — |  |  | 278.7 |
Intercompany royalty expense (income) | 1.5 |  |  | (1.5 | ) |  | — |  |  | — |  |  | — |
Operating income (expense) | 57.9 |  |  | 25.3 |  |  | (28.8 | ) |  | — |  |  | 54.4 |
Income (loss) before income taxes | 56.5 |  |  | 25.3 |  |  | (46.5 | ) |  | — |  |  | 35.3 |
Depreciation and amortization(1) | $ | 10.6 |  |  | $ | 4.0 |  |  | $ | 7.2 |  |  | $ | — |  |  | $ | 21.8 |
Capital expenditures | 8.2 |  |  | 2.1 |  |  | 5.1 |  |  | — |  |  | 15.4 |
(1) | Depreciation and amortization includes stock-based compensation amortization expense.
The following table summarizes segment information for the three months ended March 31, 2014:
(in millions) | North America |  | International |  | Corporate |  | Intercompany Eliminations |  | Consolidated
Bedding sales | $ | 517.1 |  |  | $ | 118.9 |  |  | $ | — |  |  | $ | — |  |  | $ | 636.0 |
Other sales | 35.5 |  |  | 30.4 |  |  | — |  |  | — |  |  | 65.9 |
Net sales | 552.6 |  |  | 149.3 |  |  | — |  |  | — |  |  | 701.9 |
Inter-segment sales | $ | 0.1 |  |  | $ | — |  |  | $ | — |  |  | $ | (0.1 | ) |  | $ | — |
Gross profit | 186.2 |  |  | 83.3 |  |  | — |  |  | — |  |  | 269.5 |
Intercompany royalty expense (income) | 1.5 |  |  | (1.5 | ) |  | — |  |  | — |  |  | — |
Operating income (expense) | 53.1 |  |  | 33.5 |  |  | (24.2 | ) |  | — |  |  | 62.4 |
Income (loss) before income taxes | 51.5 |  |  | 31.9 |  |  | (44.2 | ) |  | — |  |  | 39.2 |
Depreciation and amortization(1) | $ | 13.3 |  |  | $ | 3.6 |  |  | $ | 7.1 |  |  | $ | — |  |  | $ | 24.0 |
Capital expenditures | 4.7 |  |  | 1.9 |  |  | 1.2 |  |  | — |  |  | 7.8 |
(1) | Depreciation and amortization includes stock-based compensation amortization expense.
Long-lived assets by geographic region | The following table summarizes long-lived assets by geographic region:
(in millions) | March 31, |  | December 31,
| 2015 |  | 2014
United States | $ | 292.2 |  |  | $ | 287.3 |
Canada | 7.2 |  |  | 8.0 |
Other International | 53.7 |  |  | 60.3 |
Total long-lived assets | $ | 353.1 |  |  | $ | 355.6 |
Total International | $ | 60.9 |  |  | $ | 68.3 |
Net sales by geographic region | The following table summarizes net sales by geographic region:
(in millions) | Three Months Ended
| March 31,
| 2015 |  | 2014
United States | $ | 547.7 |  |  | $ | 504.0 |
Canada | 46.4 |  |  | 48.6 |
Other International | 145.4 |  |  | 149.3 |
Total net sales | $ | 739.5 |  |  | $ | 701.9 |
Total International | $ | 191.8 |  |  | $ | 197.9 |

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