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Business Segment Information (Tables)

3 Months Ended

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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