XML 33 R22.htm IDEA: XBRL DOCUMENT
v3.10.0.1

Revenue Recognition (Tables) | 9 Months Ended
--- | ---
Sep. 30, 2018
Revenue from Contract with Customer [Abstract] |
Schedule of New Accounting Pronouncements and Changes in Accounting Principles | The following tables summarize the impact of adopting Topic 606 on the Company’s Condensed Consolidated Financial Statements as of and for the periods ended September 30, 2018:
| Three Months Ended September 30, 2018 |  | Nine Months Ended September 30, 2018
(in millions) | As Reported |  | Balances Without Adoption of Topic 606 |  | Effect of Change Higher/(Lower) |  | As Reported |  | Balances Without Adoption of Topic 606 |  | Effect of Change Higher/(Lower)
Statement of Income |  |  |  |  |  |  |  |  |  |  |
Net sales | $ | 729.5 |  |  | $ | 724.0 |  |  | $ | 5.5 |  |  | $ | 2,026.8 |  |  | $ | 2,010.5 |  |  | $ | 16.3 |
Royalty income, net of royalty expense | — |  |  | 5.5 |  |  | (5.5 | ) |  | — |  |  | 16.3 |  |  | (16.3 | )
| September 30, 2018
(in millions) | As Reported |  | Balances Without Adoption of Topic 606 |  | Effect of Change Higher/(Lower)
Balance Sheet |  |  |  |  |
Assets |  |  |  |  |
Prepaid expenses and other current assets | $ | 243.3 |  |  | $ | 242.0 |  |  | $ | 1.3 |
Deferred income taxes | 22.8 |  |  | 21.9 |  |  | 0.9 |
Other non-current assets | 102.3 |  |  | 101.4 |  |  | 0.9 |
Liabilities |  |  |  |  |
Accrued expenses and other current liabilities | $ | 376.0 |  |  | $ | 373.4 |  |  | $ | 2.6 |
Other non-current liabilities | 126.7 |  |  | 123.8 |  |  | 2.9 |
Stockholders' Equity |  |  |  |  |
Total stockholders' equity | $ | 209.5 |  |  | $ | 211.9 |  |  | $ | (2.4 | )
Disaggregation of Revenue | The following table presents the Company's disaggregated revenue by channel, product and geographical region, including a reconciliation of disaggregated revenue by segment, for the three and nine months ended September 30, 2018:
| Three Months Ended September 30, 2018 |  | Nine Months Ended September 30, 2018
(in millions) | North America |  | International |  | Consolidated |  | North America |  | International |  | Consolidated
Channel |  |  |  |  |  |  |  |  |  |  |
Wholesale | $ | 553.6 |  |  | $ | 107.3 |  |  | $ | 660.9 |  |  | $ | 1,501.9 |  |  | $ | 343.7 |  |  | $ | 1,845.6 |
Direct | 42.2 |  |  | 26.4 |  |  | 68.6 |  |  | 106.7 |  |  | 74.5 |  |  | 181.2 |
Net sales | $ | 595.8 |  |  | $ | 133.7 |  |  | $ | 729.5 |  |  | $ | 1,608.6 |  |  | $ | 418.2 |  |  | $ | 2,026.8 |
| North America |  | International |  | Consolidated |  | North America |  | International |  | Consolidated
Product |  |  |  |  |  |  |  |  |  |  |
Bedding products | $ | 563.0 |  |  | $ | 108.3 |  |  | $ | 671.3 |  |  | $ | 1,512.7 |  |  | $ | 335.9 |  |  | $ | 1,848.6 |
Other products | 32.8 |  |  | 25.4 |  |  | 58.2 |  |  | 95.9 |  |  | 82.3 |  |  | 178.2 |
Net sales | $ | 595.8 |  |  | $ | 133.7 |  |  | $ | 729.5 |  |  | $ | 1,608.6 |  |  | $ | 418.2 |  |  | $ | 2,026.8 |
| North America |  | International |  | Consolidated |  | North America |  | International |  | Consolidated
Geographical region |  |  |  |  |  |  |  |  |  |  |
United States | $ | 536.8 |  |  | $ | — |  |  | $ | 536.8 |  |  | $ | 1,454.6 |  |  | $ | — |  |  | $ | 1,454.6 |
Canada | 59.0 |  |  | — |  |  | 59.0 |  |  | 154.0 |  |  | — |  |  | 154.0 |
International | — |  |  | 133.7 |  |  | 133.7 |  |  | — |  |  | 418.2 |  |  | 418.2 |
Net sales | $ | 595.8 |  |  | $ | 133.7 |  |  | $ | 729.5 |  |  | $ | 1,608.6 |  |  | $ | 418.2 |  |  | $ | 2,026.8 |

X
- Definition Tabular disclosure of disaggregation of revenue into categories depicting how nature, amount, timing, and uncertainty of revenue and cash flows are affected by economic factor. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 606 -SubTopic 10 -Section 50 -Paragraph 5 -URI http://asc.fasb.org/extlink&oid=109196051&loc=SL49130545-203045 + Details
Name: | us-gaap_DisaggregationOfRevenueTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

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

X
- Definition Tabular disclosure of changes in accounting principles, including adoption of new accounting pronouncements, that describes the new methods, amount and effects on financial statement line items. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 250 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=109234566&loc=d3e22499-107794 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 270 -SubTopic 10 -Section 45 -Paragraph 13 -URI http://asc.fasb.org/extlink&oid=109236672&loc=d3e765-108305 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 270 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.10-01.(b)(6)) -URI http://asc.fasb.org/extlink&oid=27015980&loc=d3e46468-122699 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 250 -SubTopic 10 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=109234566&loc=d3e22580-107794 Reference 5: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 270 -SubTopic 10 -Section 45 -Paragraph 12 -URI http://asc.fasb.org/extlink&oid=109236672&loc=d3e725-108305 Reference 6: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 250 -SubTopic 10 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=109234566&loc=d3e22583-107794 + Details
Name: | us-gaap_ScheduleOfNewAccountingPronouncementsAndChangesInAccountingPrinciplesTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration