XML 37 R27.htm IDEA: XBRL DOCUMENT
v3.7.0.1

Business Segment Information (Tables) | 6 Months Ended
--- | ---
Jun. 30, 2017
Segment Reporting [Abstract] |
Total assets and long-lived assets by segment | The following table summarizes total assets by segment:
(in millions) | June 30, 2017 |  | December 31, 2016
North America | $ | 2,689.1 |  |  | $ | 2,581.4 |
International | 612.4 |  |  | 572.6 |
Corporate | 649.9 |  |  | 658.7 |
Inter-segment eliminations | (1,240.2 | ) |  | (1,110.1 | )
Total assets | $ | 2,711.2 |  |  | $ | 2,702.6 |
The following table summarizes property, plant and equipment, net by segment:
(in millions) | June 30, 2017 |  | December 31, 2016
North America | $ | 295.8 |  |  | $ | 297.4 |
International | 54.0 |  |  | 54.9 |
Corporate | 75.0 |  |  | 69.9 |
Total property, plant and equipment, net | $ | 424.8 |  |  | $ | 422.2 |
Segment financial information | The following table summarizes segment information for the three months ended June 30, 2017:
(in millions) | North America |  | International |  | Corporate |  | Eliminations |  | Consolidated
Net sales | $ | 525.4 |  |  | $ | 133.9 |  |  | $ | — |  |  | $ | — |  |  | $ | 659.3 |
Inter-segment sales | $ | 1.3 |  |  | $ | 0.2 |  |  | $ | — |  |  | $ | (1.5 | ) |  | $ | — |
Inter-segment royalty expense (income) | 1.2 |  |  | (1.2 | ) |  | — |  |  | — |  |  | — |
Gross profit | 198.9 |  |  | 69.7 |  |  | — |  |  | — |  |  | 268.6 |
Operating income (loss) | 55.8 |  |  | 26.3 |  |  | (25.5 | ) |  | — |  |  | 56.6 |
Income (loss) before income taxes | 54.3 |  |  | 24.9 |  |  | (44.4 | ) |  | — |  |  | 34.8 |
Depreciation and amortization (1) | $ | 12.9 |  |  | $ | 3.6 |  |  | $ | 9.6 |  |  | $ | — |  |  | $ | 26.1 |
Capital expenditures | 5.1 |  |  | 2.1 |  |  | 5.8 |  |  | — |  |  | 13.0 |
(1) | Depreciation and amortization includes stock-based compensation amortization expense.
The following table summarizes segment information for the three months ended June 30, 2016:
(in millions) | North America |  | International |  | Corporate |  | Eliminations |  | Consolidated
Net sales | $ | 668.2 |  |  | $ | 136.2 |  |  | $ | — |  |  | $ | — |  |  | $ | 804.4 |
Inter-segment sales | $ | 1.3 |  |  | $ | 0.1 |  |  | $ | — |  |  | $ | (1.4 | ) |  | $ | — |
Inter-segment royalty expense (income) | 2.1 |  |  | (2.1 | ) |  | — |  |  | — |  |  | — |
Gross profit | 267.3 |  |  | 69.6 |  |  | — |  |  | — |  |  | 336.9 |
Operating income (loss) | 103.3 |  |  | 23.2 |  |  | (26.3 | ) |  | — |  |  | 100.2 |
Income (loss) before income taxes | 100.2 |  |  | 21.0 |  |  | (92.0 | ) |  | — |  |  | 29.2 |
Depreciation and amortization (1) | $ | 10.9 |  |  | $ | 3.9 |  |  | $ | 8.1 |  |  | $ | — |  |  | $ | 22.9 |
Capital expenditures | 5.7 |  |  | 2.4 |  |  | 3.6 |  |  | — |  |  | 11.7 |
(1) | Depreciation and amortization includes stock-based compensation amortization expense.
The following table summarizes segment information for the six months ended June 30, 2017:
(in millions) | North America |  | International |  | Corporate |  | Eliminations |  | Consolidated
Net sales | $ | 1,107.7 |  |  | $ | 273.7 |  |  | $ | — |  |  | $ | — |  |  | $ | 1,381.4 |
Inter-segment sales | $ | 2.2 |  |  | $ | 0.3 |  |  | $ | — |  |  | $ | (2.5 | ) |  | $ | — |
Inter-segment royalty expense (income) | 2.9 |  |  | (2.9 | ) |  | — |  |  | — |  |  | — |
Gross profit | 413.4 |  |  | 141.8 |  |  | — |  |  | — |  |  | 555.2 |
Operating income (loss) | 107.1 |  |  | 52.2 |  |  | (43.2 | ) |  | — |  |  | 116.1 |
Income (loss) before income taxes | 113.7 |  |  | 48.6 |  |  | (80.9 | ) |  | — |  |  | 81.4 |
Depreciation and amortization (1) | $ | 25.2 |  |  | $ | 7.3 |  |  | $ | 9.8 |  |  | $ | — |  |  | $ | 42.3 |
Capital expenditures | 13.7 |  |  | 3.6 |  |  | 8.6 |  |  | — |  |  | 25.9 |
(1) | Depreciation and amortization includes stock-based compensation amortization expense.
The following table summarizes segment information for the six months ended June 30, 2016:
(in millions) | North America |  | International |  | Corporate |  | Eliminations |  | Consolidated
Net sales | $ | 1,248.2 |  |  | $ | 277.2 |  |  | $ | — |  |  | $ | — |  |  | $ | 1,525.4 |
Inter-segment sales | $ | 2.5 |  |  | $ | 0.1 |  |  | $ | — |  |  | $ | (2.6 | ) |  | $ | — |
Inter-segment royalty expense (income) | 3.8 |  |  | (3.8 | ) |  | — |  |  | — |  |  | — |
Gross profit | 481.8 |  |  | 146.1 |  |  | — |  |  | — |  |  | 627.9 |
Operating income (loss) | 180.6 |  |  | 50.5 |  |  | (54.2 | ) |  | — |  |  | 176.9 |
Income (loss) before income taxes | 177.2 |  |  | 45.4 |  |  | (137.1 | ) |  | — |  |  | 85.5 |
Depreciation and amortization (1) | $ | 21.2 |  |  | $ | 7.8 |  |  | $ | 17.6 |  |  | $ | — |  |  | $ | 46.6 |
Capital expenditures | 11.3 |  |  | 4.7 |  |  | 8.3 |  |  | — |  |  | 24.3 |
(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:
(in millions) | June 30, 2017 |  | December 31, 2016
United States | $ | 363.8 |  |  | $ | 360.7 |
Canada | 7.0 |  |  | 6.6 |
Other International | 54.0 |  |  | 54.9 |
Total property, plant and equipment, net | $ | 424.8 |  |  | $ | 422.2 |
Total International | $ | 61.0 |  |  | $ | 61.5 |
Net sales by geographic region | The following table summarizes net sales by geographic region:
| Three Months Ended |  | Six Months Ended
| June 30, |  | June 30,
(in millions) | 2017 |  | 2016 |  | 2017 |  | 2016
United States | $ | 471.2 |  |  | $ | 614.1 |  |  | $ | 1,004.7 |  |  | $ | 1,151.3 |
Canada | 54.2 |  |  | 54.1 |  |  | 103.0 |  |  | 96.9 |
Other International | 133.9 |  |  | 136.2 |  |  | 273.7 |  |  | 277.2 |
Total net sales | $ | 659.3 |  |  | $ | 804.4 |  |  | $ | 1,381.4 |  |  | $ | 1,525.4 |
Total International | $ | 188.1 |  |  | $ | 190.3 |  |  | $ | 376.7 |  |  | $ | 374.1 |

X
- Definition Tabular disclosure of all significant reconciling items in the reconciliation of total assets from reportable segments to the entity's consolidated assets. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -Subparagraph (c) -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 31 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8924-108599 + Details
Name: | us-gaap_ReconciliationOfAssetsFromSegmentToConsolidatedTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the names of foreign countries from which revenue is material and the amount of revenue from external customers attributed to those countries. An entity may also provide subtotals of geographic information about groups of countries. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 41 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e9038-108599 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 225 -SubTopic 10 -Section S99 -Paragraph 2 -Subparagraph (SX 210.5-03.1) -URI http://asc.fasb.org/extlink&oid=63488584&loc=d3e20235-122688 + Details
Name: | us-gaap_ScheduleOfRevenueFromExternalCustomersAttributedToForeignCountriesByGeographicAreaTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of information concerning material long-lived assets (excluding financial instruments, customer relationships with financial institutions, mortgage and other servicing rights, deferred policy acquisition costs, and deferred taxes assets) located in identified geographic areas and/or the amount of revenue from external customers attributed to that country from which revenue is material. An entity may also provide subtotals of geographic information about groups of countries. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 225 -SubTopic 10 -Section S99 -Paragraph 2 -Subparagraph (SX 210.5-03.1) -URI http://asc.fasb.org/extlink&oid=63488584&loc=d3e20235-122688 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 41 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e9038-108599 + Details
Name: | us-gaap_ScheduleOfRevenuesFromExternalCustomersAndLongLivedAssetsByGeographicalAreasTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- 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
Name: | us-gaap_ScheduleOfSegmentReportingInformationBySegmentTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_SegmentReportingAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration