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Business Segment Information (Tables) | 3 Months Ended
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Mar. 31, 2016
Segment Reporting [Abstract] |
Total assets and long-lived assets by segment | The following table summarizes total assets by segment:
| March 31, |  | December 31,
(in millions) | 2016 |  | 2015
North America | $ | 2,498.0 |  |  | $ | 2,533.1 |
International | 488.0 |  |  | 477.1 |
Corporate | 657.3 |  |  | 775.0 |
Inter-segment eliminations | (1,066.5 | ) |  | (1,129.7 | )
Total assets | $ | 2,576.8 |  |  | $ | 2,655.5 |
The following table summarizes property, plant and equipment, net by segment:
| March 31, |  | December 31,
(in millions) | 2016 |  | 2015
North America | $ | 238.7 |  |  | $ | 239.2 |
International | 56.2 |  |  | 54.8 |
Corporate | 70.0 |  |  | 67.7 |
Total property, plant and equipment, net | $ | 364.9 |  |  | $ | 361.7 |
Segment financial information | The following table summarizes segment information for the three months ended March 31, 2016:
(in millions) | North America |  | International |  | Corporate |  | Eliminations |  | Consolidated
Bedding sales | $ | 554.4 |  |  | $ | 113.1 |  |  | $ | — |  |  | $ | — |  |  | $ | 667.5 |
Other sales | 25.6 |  |  | 27.9 |  |  | — |  |  | — |  |  | 53.5 |
Net sales | 580.0 |  |  | 141.0 |  |  | — |  |  | — |  |  | 721.0 |
Inter-segment sales | $ | 1.2 |  |  | $ | 0.1 |  |  | $ | — |  |  | $ | (1.3 | ) |  | $ | — |
Inter-segment royalty expense (income) | 1.7 |  |  | (1.7 | ) |  | — |  |  | — |  |  | — |
Gross profit | 214.5 |  |  | 76.5 |  |  | — |  |  | — |  |  | 291.0 |
Operating income (loss) | 77.3 |  |  | 27.3 |  |  | (27.9 | ) |  | — |  |  | 76.7 |
Income (loss) before income taxes | 77.0 |  |  | 24.4 |  |  | (45.1 | ) |  | — |  |  | 56.3 |
Depreciation and amortization(1) | $ | 10.4 |  |  | $ | 3.8 |  |  | $ | 9.5 |  |  | $ | — |  |  | $ | 23.7 |
Capital expenditures | 5.6 |  |  | 2.3 |  |  | 4.7 |  |  | — |  |  | 12.6 |
(1) | Depreciation and amortization includes stock-based compensation amortization expense.
The following table summarizes segment information for the three months ended March 31, 2015:
(in millions) | North America |  | International |  | Corporate |  | 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 | ) |  | $ | — |
Inter-segment royalty expense (income) | 1.5 |  |  | (1.5 | ) |  | — |  |  | — |  |  | — |
Gross profit | 203.1 |  |  | 75.6 |  |  | — |  |  | — |  |  | 278.7 |
Operating income (loss) | 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.
Long-lived assets by geographic region | The following table summarizes property, plant and equipment, net by geographic region:
| March 31, |  | December 31,
(in millions) | 2016 |  | 2015
United States | $ | 301.6 |  |  | $ | 300.1 |
Canada | 7.2 |  |  | 6.8 |
Other International | 56.1 |  |  | 54.8 |
Total property, plant and equipment, net | $ | 364.9 |  |  | $ | 361.7 |
Total International | $ | 63.3 |  |  | $ | 61.6 |
Net sales by geographic region | The following table summarizes net sales by geographic region:
| Three Months Ended
| March 31,
(in millions) | 2016 |  | 2015
United States | $ | 537.1 |  |  | $ | 547.7 |
Canada | 42.9 |  |  | 46.4 |
Other International | 141.0 |  |  | 145.4 |
Total net sales | $ | 721.0 |  |  | $ | 739.5 |
Total International | $ | 183.9 |  |  | $ | 191.8 |

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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 30 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8906-108599 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=68060357&loc=d3e8813-108599 Reference 3: 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=68060357&loc=d3e8721-108599 Reference 4: 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=35741047&loc=d3e13816-109267 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=68060357&loc=d3e8736-108599 + Details
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