Segment Information (Tables)

3 Months Ended

Mar. 31, 2015

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

- 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.

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