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Segment Information | 3 Months Ended
--- | ---
Mar. 31, 2016
Segment Reporting Information, Additional Information [Abstract] |
Segment Information | Segment Information The Company’s reportable segments as of March 31, 2016 are as follows:
Segment |  | Key Brands |  | Description of Primary Products
Writing |  | Sharpie®, Paper Mate®, Expo®, Prismacolor®, Mr. Sketch®, Elmer’s®, X-Acto®, Parker®, Waterman®, Dymo® Office |  | Writing instruments, including markers and highlighters, pens and pencils; art products; activity-based adhesive and cutting products; fine writing instruments; labeling solutions
Home Solutions |  | Rubbermaid®, Contigo®, bubba®, Calphalon®, Levolor®, Goody® |  | Indoor/outdoor organization, food storage and home storage products; durable beverage containers; gourmet cookware, bakeware and cutlery; window treatments; hair care accessories
Tools |  | Irwin®, Lenox®, hilmor™, Dymo® Industrial |  | Hand tools and power tool accessories; industrial bandsaw blades; tools for HVAC systems; label makers and printers for industrial use
Commercial Products |  | Rubbermaid Commercial Products® |  | Cleaning and refuse products; hygiene systems; material handling solutions
Baby & Parenting |  | Graco®, Baby Jogger®, Aprica®, Teutonia® |  | Infant and juvenile products such as car seats, strollers, highchairs and playards
The Company’s segment and geographic results are as follows for the periods indicated (in millions):
|  | Three Months Ended
|  | March 31,
|  | 2016 |  | 2015
Net Sales (1) |  |  |  |
Writing |  | $ | 378.8 |  |  | $ | 341.8 |
Home Solutions |  | 372.1 |  |  | 364.5 |
Tools |  | 179.7 |  |  | 180.4 |
Commercial Products |  | 174.5 |  |  | 185.2 |
Baby & Parenting |  | 209.8 |  |  | 192.1 |
|  | $ | 1,314.9 |  |  | $ | 1,264.0 |
Operating Income (Loss) (2) |  |  |  |
Writing |  | $ | 83.8 |  |  | $ | 82.4 |
Home Solutions |  | 36.1 |  |  | 38.5 |
Tools |  | 18.7 |  |  | 22.2 |
Commercial Products |  | 22.4 |  |  | 17.0 |
Baby & Parenting |  | 23.1 |  |  | 0.5 |
Restructuring costs |  | (17.7 | ) |  | (27.3 | )
Corporate |  | (41.0 | ) |  | (35.1 | )
|  | $ | 125.4 |  |  | $ | 98.2 |
| March 31, 2016 |  | December 31, 2015
Identifiable Assets |  |  |
Writing | $ | 1,382.7 |  |  | $ | 1,286.5 |
Home Solutions | 816.4 |  |  | 776.7 |
Tools | 596.7 |  |  | 578.8 |
Commercial Products | 344.3 |  |  | 351.7 |
Baby & Parenting | 474.4 |  |  | 485.1 |
Corporate (3) | 11,718.3 |  |  | 3,780.7 |
| $ | 15,332.8 |  |  | $ | 7,259.5 |
Geographic Area Information
|  | Three Months Ended
|  | March 31,
(in millions) |  | 2016 |  | 2015
Net Sales (1), (4) |  |  |  |
United States |  | $ | 995.9 |  |  | $ | 917.2 |
Canada |  | 48.2 |  |  | 46.2 |
Total North America |  | 1,044.1 |  |  | 963.4 |
Europe, Middle East and Africa |  | 127.6 |  |  | 127.6 |
Latin America |  | 55.8 |  |  | 89.4 |
Asia Pacific |  | 87.4 |  |  | 83.6 |
Total International |  | 270.8 |  |  | 300.6 |
|  | $ | 1,314.9 |  |  | $ | 1,264.0 |
Operating Income (2), (5) |  |  |  |
United States |  | $ | 98.7 |  |  | $ | 76.5 |
Canada |  | 6.5 |  |  | 5.3 |
Total North America |  | 105.2 |  |  | 81.8 |
Europe, Middle East and Africa |  | 17.4 |  |  | 8.6 |
Latin America |  | 1.1 |  |  | 4.7 |
Asia Pacific |  | 1.7 |  |  | 3.1 |
Total International |  | 20.2 |  |  | 16.4 |
|  | $ | 125.4 |  |  | $ | 98.2 |
(1) | All intercompany transactions have been eliminated. Sales to Wal-Mart Stores, Inc. and subsidiaries amounted to approximately 12.7% and 9.6% of consolidated net sales in the three months ended March 31, 2016 and 2015, respectively.
(2) | Operating income (loss) by segment is net sales less cost of products sold and selling, general & administrative (“SG&A”) expenses for continuing operations. Operating income by geographic area is net sales less cost of products sold, SG&A expenses, restructuring costs and impairment charges, if any, for continuing operations. Certain headquarters expenses of an operational nature are allocated to business segments and geographic areas primarily on a net sales basis. Corporate depreciation and amortization is allocated to the segments on a percentage of sales basis, and the allocated depreciation and amortization is included in segment operating income.
(3) | Corporate assets primarily include goodwill, capitalized software, cash, benefit plan assets, deferred tax assets and assets held for sale.
(4) | Geographic sales information is based on the region from which the products are shipped and invoiced.
(5) | The following table summarizes the restructuring costs by region included in operating income (loss) above (in millions):
|  | Three Months Ended
|  | March 31,
|  | 2016 |  | 2015
Restructuring Costs |  |  |  |
United States |  | $ | 16.9 |  |  | $ | 10.4 |
Canada |  | 0.9 |  |  | 3.0 |
Total North America |  | 17.8 |  |  | 13.4 |
Europe, Middle East and Africa |  | 0.4 |  |  | 11.7 |
Latin America |  | (0.7 | ) |  | 0.6 |
Asia Pacific |  | 0.2 |  |  | 1.6 |
Total International |  | (0.1 | ) |  | 13.9 |
|  | $ | 17.7 |  |  | $ | 27.3 |

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- Definition The entire disclosure for reporting segments including data and tables. Reportable segments include those that meet any of the following quantitative thresholds a) it's reported revenue, including sales to external customers and intersegment sales or transfers is 10 percent or more of the combined revenue, internal and external, of all operating segments b) the absolute amount of its reported profit or loss is 10 percent or more of the greater, in absolute amount of 1) the combined reported profit of all operating segments that did not report a loss or 2) the combined reported loss of all operating segments that did report a loss c) its assets are 10 percent or more of the combined assets of all operating segments. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 34 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8981-108599 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 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 33 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8971-108599 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 12 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8595-108599 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8380-108599 Reference 6: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 32 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8933-108599 Reference 7: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 26 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8844-108599 Reference 8: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 35 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8984-108599 Reference 9: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 40 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e9031-108599 Reference 10: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 42 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e9054-108599 Reference 11: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 10 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8538-108599 Reference 12: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 29 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8864-108599 Reference 13: 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 Reference 14: 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 + Details
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